After falling, it forms a short-term bottom, buy, tp2321
Yesterday, our 2322Sell signal made profit again. Unfortunately, the market fluctuated very slowly yesterday and did not reach TP1:2308 until the early morning. Today, the market is still relatively strong for shorts, so today’s focus is still on the high Sell during the rebound. Gold's rebound is a chance to go short. Until the trend changes, gold's rebound is...
Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320. Gold has shot up many times and then fallen back. There are many resistances above, so...
Yesterday we were at 2318 Sell, but the gold price still fluctuated slowly, with the lowest falling to around 2306. The profit margin is not bad. Judging from the gold price fluctuations in the past two days, gold prices are currently in a shock adjustment stage, with the fluctuation range between 2320 and 2300. Today's opportunity for a breakthrough is likely to...
The above resistance level will be the focus on today's gold price chart. If successful, bulls will hope to bring the price back to its historic peak above the $2,400 mark. However, it is difficult for short sellers to see the above scenario happen easily, especially when their potential target around the $2,305 mark has not yet been completed. In terms of...
From the previous day till now I see Gold`s Bien transferring round 10>15 in price. There are 2 regions that I assume so long as Gold breaks, it's miles very possibly that the Trend will run in that unique direction. >With cutting-edge Gold breaking via the 2020>2022 Zone, it's going to maximum possibly boom sharply to 234x. >On the contrary, if cutting-edge Gold...
GOLD looks ready to continue his bearish moves as soon as it will broke below the H1 support trendline. I expect it to range tomorrow and to start to drop later in tomorrow's NY session and Friday. First target the support area at 2235. Invalidation above the resistance trendline on H1
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Minneapolis Fed President Neel Kashkari's recent suggestion that the Fed may halt changes to interest rates and possibly increase the federal funds rate if inflation doesn't decline has strengthened the Dollar. This week's economic agenda includes more commentary from Fed officials, Initial Jobless...
Triangle consolidation, rebound stage, buy, tp2319/2322
Yesterday, our direction was bullish, and we bought at 2315, successfully winning TP1:2325 and TP2:2330. Today, the price of gold began to continue to fall. The short-term energy has become stronger in the short term, and we need to change the direction to bearish. Judging from the one-hour chart, the lows are now constantly being refreshed, and it has also...
In early trading on Monday, spot gold suddenly fell rapidly in the short term. The price of gold plummeted by nearly $15 from a level near $2,337/ounce, and currently hit a low of $2,319.82/ounce, setting a new intraday low. A piece of heavyweight news came from Israel, which further cooled the market's risk appetite, thus hitting the gold price trend. This week...
Gold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
GOLD FORECAST The current analysis indicates a bearish trend for gold, as long as it remains below the 2325 threshold. At present, the price seems primed for consolidation between 2327 and 2302 before any breakout occurs. The prevailing bearish pressure suggests that if trading persists below 2325, a decline to 2304 is likely. Although there might be temporary...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
🏃♂️ Gold is moving near the 🔴 Resistance zone($2,338-$2,318) 🔴and Resistance lines . 📈In terms of Classical Technical Analysis , Gold is completing the Falling Wedge pattern . 🔔I expect Gold to continue falling to the Support lines and 🟢 Support zone($2,272-$2,250) 🟢 at least. Gold Analyze ( XAUUSD ), 4-hour time frame ⏰. Do not forget to put Stop...
Today, the overall gold market is in a volatile market. Gold fell and touched near 2310 multiple times before rebounding. It touched near 2323 again and then fell back again. Gold is currently trading near 2313. Today we successfully captured the profit from gold's rebound in trading. We went long gold in the 2314-2312 area and successfully hit TP: 2322....
World gold spot price stands around 2,325.7 USD/ounce, up 1.7 USD/ounce compared to yesterday's trading session. Gold futures price in June 2024 on the Comex New York floor is at 2,336.6 USD/ounce. At the beginning of the trading session on May 6 (US time), world gold prices increased sharply in the context of improved risk aversion among investors. Adrian Day -...
In this analysis, we'll be focusing on the H2 timeframe for XAUUSD, with key levels at 2327.90 and 2318.22. If the price breaks above 2327.90, the target is set at 2342, indicating a potential upward movement. Conversely, if it breaks below 2318.22, the sell target is identified at 2304, suggesting a bearish trend. Let's delve deeper into these levels and...