Currently, I'm not favoring gold due to its lack of healthy price action characterized by abrupt bullish momentum without significant pullbacks. This has resulted in the creation of numerous Asian lows and imbalances below that need to be filled. Consequently, I'll wait for price to retreat and potentially reach a demand zone to sustain its strongly bullish...
Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and trades just above the $2,200 round-figure mark during the first half of the European session, still up for the second straight day. The prevalent risk-on environment – as depicted by a generally positive tone around the equity markets – prompts some profit-taking around the...
According to my analysis Gold is continuing its bullish trend after making a 50% retracement. it broke its key resistance level of 2047 and now after a little retracement from 2070 resistance level it is heading towards 2150.
Gold price recovers the recent losses on improved risk sentiment. Escalation in Middle-East conflict could drive the demand for the safe-haven asset Gold. Updates from China might contribute to a positive shift in market sentiment. Gold price treads waters near the $1,980 post-intraday gains during the Asian session on Tuesday. The price of the precious metal...
✔️GOLD is expected to rise ✔️Recommended to consider buying 🟢 Try to BUY🔼 all the Dips !!! ✔️Confirmation Buyer Limit Area 1815.35 & 1829.00 Zone 🔔 NEXT TARGET 1874.32 & 1890.87 Zone Trade active: Now try to go up with new buyers... ✔️Buy the dips!!!
#XAUUSD UPDATE Hi team, hope you are enjoying your trading journey and our trading ideas and analysis. We are here to share our analysis on XAUUSD. Gold is falling from long time and is falling through proper channel and now it reached it's most important level where we can see a bullish reversal trend. As gold sweep all of the orders and grab liquidity in...
Layers 1924 - 1922 Sl @ 1918 1st tp @ 1926 2nd tp @ 1928 3rd tp @ 1930 Expecting price to reach 1930-1934 zones before a reversal to the fib levels
On the flip side, the $1,910 area is likely to act as an immediate hurdle ahead of the overnight swing high, around the $1,916 zone. The subsequent move up could lift the Gold price beyond the $1,925 intermediate resistance, towards the $1,934-$1,935 resistance and the $1,942 supply zone. A sustained strength beyond the latter might trigger a short-covering rally...
Gold price (#XAUUSD) has faced mixed sentiment and sluggish US dollar ahead of the US inflation data. Despite the challenges, the progress on the US debt ceiling negotiations and optimism surrounding Asia have underpinned the #XAUUSD run-up. Technical analysis suggests that the upper band of the Bollinger on the daily chart joins Pivot Point one-day R2 and the...
Gold takes bullish momentum to prepare for the bearish movement. Double top is anticipated to happen as there's a strong resistance at the yellow line around 2046.842
Gold takes a leap after us fundamentals comes out negative with a lil bit of positive change, confirming the continuation of a breakout structure after the re-test. An anticipation of double top is kept and what comes after remain to be seen and tested
we are looking for gold buys gold today. Gold price was rejected 1984.90/1986.06 zone. This is an apparent area of resistance that we want to see broken. Planning on executing buys at 1986.50 we want to target a $2.00 move to 1988.5. Price is currently struggling but we do have high impact news around 10AM EST. that should have enough momentum to jump back...
NCDEX:GOLD buy gold use proper risk reward perfect trade
gold entering, long postion.. dxy,, trending lower,, trading was taken buy, breakout from the value area,poc,, fib levels.. obsobtion..
XAUUSD - H4 - After a big sell off now we can expect a pullback on this pair as dollar eases off for now. Expect a rally upto 1740-50s before looking to take shorts again.
Reason to enter buy 1. weekly resistance 2. weekly demand zone 3. confluence resistance & demand zone 4. daily engulfing
Hi Traders, This setup got triggered yesterday and went straight into profits. Keep monitoring as we have NFP today and will come with a lot of volatility. If it does show signs of going down, then protect your profits or at least make sure you place Stop Loss at breakeven to protect your equity. Trade smart & Good Luck!