Due to the fact that gold did not achieve the previous weekly analysis and created a new ceiling for itself, scenarios for the monthly time frame are considered and shared with you dear ones.
Gold price (XAU/USD) attracts some buyers for the fourth successive day on Monday and trades near its highest level since December 28 touched on Friday. Friday's disappointing release of the US ISM Manufacturing PMI and the University of Michigan’s Consumer Sentiment Index, along with less-hawkish remarks by Federal Reserve (Fed) officials, reaffirmed bets for a...
Gold price (XAU/USD) is seen oscillating in a range through the early European session on Tuesday and consolidating its recent strong gains to a three-month top, around the $2,120 area touched the previous day. Traders now seem reluctant and opt to wait for more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh directional bets. Hence, the...
Gold price falls gradually after failing to test the all-time high near $2,145. The yellow metal trades inside Tuesday’s trading range. The near-term appeal for Gold remains bullish as it has delivered a breakout of the Symmetrical Triangle pattern formed on a daily time frame. The breakout of the aforementioned chart pattern exhibits a volatility expansion, which...
Gold price pulls back from multi-month peak, downside potential seems limited Gold price rallied to a three-month peak on Monday and settled at an all-time high, above the $2,100 mark amid bets that the Fed will start cutting interest rates in June. Apart from this, a further escalation of geopolitical tensions in the Middle East turns out to be another factor...
Gold rose sharply on Friday without any retracement at all. Gold also broke through the previous high in 4 hours. Now gold is continuing to go long. Gold’s previous high of 2065 is also a direct Yang breakthrough. Gold will step back to 2065 next week and continue to go long. Gold's daily line has a big positive line. It is difficult for gold to fall sharply...
Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
Gold prices lost ground on Monday following a strong performance last Friday, pressured by rising U.S. Treasury yields - a situation that generally diminishes the appeal of the non-interest-bearing asset relative to fixed-income securities. In this context, XAU/USD finished the session around $2,0Forecasts suggest January's core PCE increased 0.4%...
My outlook for gold this week remains bullish. The robust response we witnessed from the daily demand zone two weeks ago has been a significant driver of the ongoing bullish momentum. I anticipate this trend to persist, and my strategy revolves around awaiting a minor retracement. I'm particularly eyeing a pullback towards the 6-hour demand zone, which emerged...
Gold has signs of a breakthrough, you can choose to try buying Xauusd:buy2028-2032 TP:2037-2039 SL:2024 For short-term trading, strictly abide by SL and set your own positions according to funds.
I bring good analysis to my followers every day, and I accurately judge the trend almost every day. Gold broke through 2022 today, rose to near 2030, and then fell to near 2024. Once gold falls back to the 2019-2022 area tomorrow, it is recommended to continue buying, because the current lows of gold have been increasing. So we can still wait for gold to break...
My buy signal on Friday perfectly verified the gold price trend on Friday. Once again helping my fans win in trading. Gold has strong support near this week's low of 1996. If it wants to continue falling, gold needs to break 1996. I think gold will continue last week’s upward trend, and I suggest everyone’s trading range: Gold trading strategy: 2003.5-2008...
Hello Traders! This is my idea related to Gold M30. I expect a bullish move to close the FVG. The bearish sentiment on the market is still bearish, and I consider this indicator a good chance to look for long entries. My target is under the OB level. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...
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...