Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Impulse and Corrective Waves " AB "
Break of Structure and Retracement
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 78.60%
A survey released by the Federal Reserve on Wednesday showed that U.S. economic activity expanded slightly from late February to early April, and companies said they expected inflationary pressures to remain stable, continuing a recent trend that has prevented the Fed from cutting interest rates. In terms of the geopolitical situation, the United States, the...
Trend is king, point wins. On Thursday, we said that gold had another surge. Traders who followed the signal were already busy. Recently, gold has once again pulled up strongly unilaterally. At this time, have you realized the importance of taking advantage of the trend and strictly stopping losses? significance? ! Any so-called resistance or support is worth...
U.S. retail sales rose more than expected in March as online retailers' revenue surged, providing further evidence that the economy ended the first quarter on solid growth. The report from the U.S. Commerce Department on Monday, combined with data earlier this month on strong job growth in March and a pickup in consumer inflation, have heightened expectations...
Gold prices oscillated within a narrow range on Tuesday, remaining close to all-time highs. The worsening crisis in the Middle East has weighed heavily on investor sentiment, boosting the allure of this precious metal.
Meanwhile, gold has remained resilient against a strengthening U.S. dollar, supported by a decline in U.S. Treasury yields from multi-month highs....
Western countries plan to quickly impose new sanctions on Iran to help dissuade Israel from a major escalation. Israel's war cabinet postponed until Wednesday a third meeting to discuss how to respond to Iran's first-ever direct attack, anticipating another expansion of the conflict. There is little data in the United States today. You need to continue to pay...
Gold began to rebound in early trading, but the short-term short-term trend of gold remains unchanged. The rebound gives us the opportunity to go short.
The moving average of gold's half-hour chart crosses the short position, and is also suppressed by the downward trend line. The resistance of the gold trend line has now moved down to around 2177. The rebound...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Lower Lows - Lower Highs
Break of Structure and Retracement
RSI - Divergence
Symmetrical Triangle as an Corrective Pattern in Short Time Frame
Impulse Correction
Hello everyone! Yesterday, gold saw a dramatic swing, plummeting to $2,330 only to make a swift and steady comeback to $2,392 as of now, marking an impressive $62 increase in a short span. This robust performance underscores gold's undiminished allure amidst these volatile times.
Amidst escalating U.S. inflation, the likelihood of the Federal Reserve (Fed)...
Gold's rally didn't let up as we closed out the trading week, with the precious metal nearing the psychological milestone of $2400, marking a notable 1.04% daily increase with a surge of 240 pips.
It's clear that gold continues to enjoy robust support from market news. Ongoing geopolitical tensions in the Middle East, showing little sign of easing, are seen as a...
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce.
The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
GOLD is bullish and in its uptrend channel.
Next target is the upper channel at level 2500-2600.
A retest to the previous resistance area and currently the major support level at 2000 after reaching the upper channel of the uptrend.
This is just my Idea for Next Week. This is swing Trading. Enter small lots first then bigger lots. TAYOR- Trade at your own risk. Don't trade with money you can't afford to lose
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulse Correction
EXP FIAT as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 12345 " Impulsive Waves
The United States expects Iran to launch an attack on Israel, but it will not be large enough to involve Washington in a war, a U.S. official said yesterday. As soon as this news came out, it once again had a great impact on the current financial market. Gold once again had room to surge and hit a new high. Although the US dollar also rose, it could not affect...
Today on Wednesday, the market will focus on the CPI data for March and the minutes of the Federal Reserve meeting to be released by the Federal Reserve. Judging from the recent data released by the Federal Reserve, it is good for the US dollar and negative for gold. The specific data performance will depend on the actual data release. Let us see Will it dampen...
Gold bottomed out yesterday and rebounded, and the daily line continued to rise. However, there are two points to note:
1. The price has not deviated from the short-term moving average, which is not enough for a short-term high.
2. It is still bottoming out and rising, and it is a continuation cycle. It is the same as the upward trend. It has a strong rhythm. It...
