FX:XAUUSD is moving out of the sideways range downward. The price is testing 2328 within the framework of correction on the background of news. Earlier, the structure of the bull market was broken, which in general can determine the medium-term potential. “GOLD → Bears win. Downward counter-trend correction ↓” The price is testing 2328, which is actively...
This week, OANDA:XAUUSD increased mainly due to escalating tensions between Iran and Israel. Gold prices recorded a fifth consecutive week of gains, the longest winning streak since January 2023. Despite strong gains in the dollar and bond yields, expectations of an interest rate cut in 2024 have faded. decline. Israel's response comes a week after Iran's...
Been a while, Ill be getting back i the mix, didnt see a set up yesterday I liked for Technical Tuesday, heres what I like today.
FX:XAUUSD is entering the correction phase. Earlier, based on technical and candlestick nuances on D1, I warned about the approaching decline. Gold is eliminating buyers and apparently heading towards 2267, 2228. April 19 idea: The market is getting ready to turn around, collecting liquidity from buyers On H1 the price is forming a bearish momentum, since...
A clear change in the state of delivery! Look for the retracement to start from within the +FVG.
OANDA:XAUUSD ANALYSIS - Gold spiked higher, falling narrowly short of the all-time high - FX markets captured the flight to safety while US equity markets were shut - Gold volatility index eyed ahead of the weekend OANDA:XAUUSD SPIKED HIGHER, FALLING NARROWLY SHORT OF THE ALL-TIME HIGH Gold prices surged on Friday morning following reports of an Israeli...
FX:XAUUSD is breaking the bullish trend structure, earlier I pointed out that the market is preparing for a reversal amid liquidity capture at the expense of buyers. The market is testing support for a breakout Idea from April 19: GOLD → One step away from a correction? What's going on? Selling since the opening of the session. Price is testing local lows...
Last week (April 15, see chart below), we discussed the 'necessity' of Gold (XAUUSD) for a medium-term technical pull-back based on its 5-year Cycles: As you can see, we did get indeed the expected rejection at the top on Friday and this week we have started with almost a -5% already. The 1D RSI Double Topped on overbought territory and now is on a Lower Low....
Bias is tentatively Bullish. Continues to make HLs, but no HHs, in a tight range. Price is close to filling in the big wick the prev. week. Looking to see if the PWH is raided early in the week. If so, I expect price to go from External ->Internal, down the the W FVG/+OB area from there. But price may need to rebalance the +FVG before moving higher. Waiting...
FX:XAUUSD is stopping after a strong rally. The price tests 2400 and forms a local maximum, but what is surprising is that the market does not let the price beyond 2400 yet. The market is starting to gain liquidity at the expense of the buyer. Price comes back into the range after attempting to break 2400 and eliminates the buyers. The first bells are...
OANDA:XAUUSD continuing to adjust after approaching the original price of 2,400 USD, the target price increase noticed by readers in yesterday's publication is also a resistance that causes gold prices to adjust but overall it does not change. trend with the expectation of entering the accumulation phase. Iran said its military is ready to respond to any...
OANDA:XAUUSD spot delivery suddenly increased sharply. Spot gold has just increased to 2,415 USD/ounce, it has increased more than 35 US Dollars during the day. Previously, US media reported that the US confirmed that an Israeli missile hit an Iranian facility. The most active gold futures contract on COMEX was 1,426 lots traded within one minute from 08:43 to...
Although the dollar and US Treasury yields rose as US retail sales rose more than expected in March, tensions in the Middle East boosted safe-haven demand, and at the same time, the market Expecting that the Federal Reserve will be able to delay interest rate cuts this year, gold prices did not extend last week's decline but continued to increase. Iran launched...
OANDA:XAUUSD remained steady as safe-haven demand due to ongoing tensions in the Middle East offset weakening expectations of a US interest rate cut this year. Data on Monday showed U.S. retail sales rose more than expected in March. Yields on 10-year Treasury notes rose for a second straight session, with rising bond yields putting pressure on gold as they...
According to my chart analysis ,Gold GC xauusd show strong signal to sell .
As you can notice on the chart, the buying power is stronger than the selling power in yhe last move of the marker, and the last move just confirmed it for us, you can BUY now and PAT ATTENTION to the merket in the selling zone since it is a strong area because you might quick exit. Don't hesitate to ask for further questions!
FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed. Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest In general, everything is the same, but after a strong rally, the price makes a small stop...
Gold hit a new record of $2,430 last week during the New York session. It has seen gains in seven of the past eight weeks, increasing by over 17% since mid-February. This is despite the strength of the US dollar and a hawkish repricing of US interest rate expectations. The usual negative relationship between gold and US real yields has broken down, leaving traders...