Hello Traders! This is my forecast on Gold H4. I expect a reaction from the resistance level, and if confirmed, I will have only a long bias. I will look for long entries after the retracement from the resistance. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
The gold market continues to struggle with solid selling pressure as activity in the U.S. labor market remains relatively unchanged from last week. Thursday, the U.S. Labor Department said that weekly jobless claims fell by 9,000 to 218,000 during the week ending Feb. 3, down from the previous week's revised estimate of 224,000 claims.
Xau is currently at the 2037 price, the insight of xau is bullish but we could experience a retest during the London session before the buy momentum ignites, a maximum of 8pips drawdown. Updates on the insight would be published as the market moves on... BOOST 🚀, COMMENT 📑 AND FOLLOW 🏷 ME FOR MORE HELPFUL ANALYSIS 👍....
Gold and silver prices are seeing mild losses in early U.S. trading Wednesday. It’s a quieter marketplace at mid-week, with no new fundamental developments to significantly influence the markets. Risk appetite in the general marketplace is not robust, but neither is risk aversion keen. That’s keeping the safe-haven metals traders squelched at present. April gold...
Gold and silver prices are seeing mild losses in early U.S. trading Wednesday. It’s a quieter marketplace at mid-week, with no new fundamental developments to significantly influence the markets. Risk appetite in the general marketplace is not robust, but neither is risk aversion keen. That’s keeping the safe-haven metals traders squelched at present. April gold...
The 14-day Relative Strength Index (RSI) is trading neutral at the 50 level, suggesting a lack of clear directional bias for Gold price. If the rebound finds legs, the immediate powerful resistance for Gold price is seen at the $2,050 psychological level. The next critical supply zone for the bright metal is seen at around $2,065. Gold buy now 2033 limit trade...
On the upside, the immediate powerful resistance at the abovementioned confluence support now turned resistance near $2,030. Gold buyers need to find a strong foothold above the latter on a daily candlestick closing basis to initiate a recovery toward the $2,050 psychological level. Recapturing that level is critical to revisit the monthly top of $2,065, which...
the upside, the immediate powerful resistance at the abovementioned confluence support now turned resistance near $2,030. Gold buyers need to find a strong foothold above the latter on a daily candlestick closing basis to initiate a recovery toward the $2,050 psychological level. Recapturing that level is critical to revisit the monthly top of $2,065, which could...
Just as I analysed the daily candle timeframe, we expected a bottom liquidity sweep down the 20's through till 2017 which has successfully taken place. Its now time for.the bulls to take over buying up the 40's Major POI are in 44, 55 and the 70's BOOST 🚀, COMMENT📑 AND FOLLOW🏷 ME FOR MORE HELPFUL ANALYSIS 👍....
Xau is analysed to be bullish (buy), the open of this week's candle is heading to ignite the buy momentum at the 2025-2017 zone . The buy momentum could head us to 2045 where a minor retracement is expected and we would head off to the 70's
The full swing movement of the xau market. Just as the analysis implies, we're going long and the next major retracement zone is at the 70's, then followed by a sell retracement and after a continued buy till the 100's BOOST 🚀, COMMENT 📈 and FOLLOW 🏷 for more helpful analysis 👍....
Gold price yield a daily closing above the falling trendline resistance at $2,036. The 14-day Relative Strength Index (RSI) indicator recaptured the midline, justifying the latest upswing in the bright metal. However, traders remain cautious as a Bear Cross was confirmed on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on...
XAU/USD Editorial GOLD FORECAST AND NEWS Gold looks to Powell speech for a clear directional impetus Gold price is extending its pullback from a ten-day high of $2,049 reached in the early American trading on Tuesday, as the US Dollar is attracting fresh demand amid broad risk-aversion on the all-important US Federal Reserve interest rate decision day. LATEST...
Just for Today! 50% OFF on your PREMIUM features. Crazy OFFER! Access our analysts and trade with them! SUBSCRIBE HERE! Close alert XAU/USD Editorial GOLD FORECAST AND NEWS Gold holds above $2,030 in choppy session Gold price erased a large portion of its daily gains after meeting resistance near $2,040 in the European session on Tuesday. With the benchmark...
From a technical perspective, bulls might still wait for a sustained move beyond the $2,040-2,042 supply zone before placing fresh bets and positioning for any further gains. Given that oscillators on the daily chart have just started moving into the positive territory, the Gold price could then climb to the $2,077 resistance zone before aiming to reclaim the...
Hello Traders! This is my forecast on GOLD M30. I will look for a short trade entry if I see the retracement from the OB H1. My target is the resistance level at the price of 2002. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
From a technical point of view, XAU/USD is poised to extend its slump. The daily chart shows it met sellers around a bearish 20 Simple Moving Average (SMA), providing dynamic resistance at around the daily high of $2,036.80. At the same time, technical indicators resumed their declines within negative levels, gaining downward strength. Finally, the 100 and 200...
Today Gold is fall today Gold move is best On the flip side, any meaningful strength beyond the $2,029-2,030 immediate hurdle might continue to confront stiff resistance near the $2,040-2,042 supply zone. Some follow-through buying, however, might negate the near-term bearish outlook and trigger a short-covering rally. The Gold price might then climb to the...