Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
Gold price analysis: Current short-term trend: Up. News: Good news for gold Technical Indicators: MA shows bullish trend Short term pattern: triangle consolidation Breakthrough direction: Up Support: 2366-2262 Pressure: 2397-2404 In the short term, low buying is still the main trend! The above gold prices are based on the real-time prices on...
Affected by the risk aversion sentiment, gold rose by more than 40 US dollars in the short term. Once the risk aversion was over, the gold price returned to its original level. The two waves of market movements were very large, and we also made a small profit during the period! From the current market point of view, gold has basically stabilized the support of...
At present, the K-line has stabilized at 2380, and the big positive line at the bottom has stopped the decline, directly consolidating the bottom signal, especially the K-line starting from below the moving average, directly breaking the suppression of the moving average, obviously unable to hold down the bulls Trading strategy: long gold near 2380, stop loss...
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone Anouare
If the price of gold rises as expected, it will only rise after what we call an adjustment. Instead, it went up unilaterally. Looking from above, 2300 points is still a high probability event, so there are currently two ways to go long. As shown on the chart, the short-term 30-minute level is expected to break out of this range. You can go long near 2160...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has rebounded from its previous losses and is currently trading at approximately $2,370 per troy ounce during the Asian session on Thursday. The valuable yellow metal, known as a safe-haven asset, is increasing in value as traders exercise caution due to the heightened geopolitical...
Hello, according to my analysis of the gold market, we notice the formation of an ascending channel. However, despite that, it is only a corrective wave. We may see a decline from the 2080 area, which is a correction to the Fibonacci golden ratio of 61%. Good luck to everyone
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!
What should we do next week after gold prices jumped $46? ! It’s simple, go with the trend and go long. As the saying goes, when things go up, they don't reach the top, and when things go down, they don't reach the bottom. Look big or small, take advantage of the trend and take a short position➕Stop loss! Under the volatile situation, gold prices hit a new...
At present, the rise of gold is weak. It seems that 2400 is still not reached. The market obviously lacks momentum. We also adjust our strategy in time and enter the market empty-handed at 2390.
Gold has a 30-minute head and shoulders structure. Although the rebound is slightly stronger, it still has not changed the pattern that needs to be adjusted. The current price of 2383 continues to be short! Gold is still just rebounding now. Yesterday's negative line was at the top, that is, yesterday's opening price was around 2382. The rebound did not break...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally...
Gold has stepped back and corrected, and the price has fallen below the short-term moving average. The current high point is fixed at the 2300 line, and the decline will continue. Pay attention to the 2240 first-line long position, stop loss 2226, and target above 2260. The main trend is still long. For adjustments after the small cycle rise, just follow the main...
The market of gold fluctuates at high levels. Do not chase long at high levels. Before breaking through new highs, the short-term market will continue to be short. If gold opens in a hurry, it is generally not possible to directly chase the rise. There is a high possibility of falling back after rising high. Gold has been oscillating at a high level for 30...
Keep looking at the pull-up, as long as it falls back, it’s bullish Gold is ready to rise. The big positive line has stabilized the moving average. Even if it falls back, it is still stepping on the moving average. There is no panic. A downward trend in early trading is not a good thing. There will be more positions near 2345.
Gold won three consecutive times yesterday, 2353 was bullish and harvested. After the US CPI data, 2351 continued to be short. Gold fell again and harvested. Gold's long and short wins were two consecutive. It followed yesterday's three consecutive victories. Gold won five consecutive victories. Gold can't go up. , the short-term has peaked, and the rebound...
The gold price is currently showing a volatile downward trend. With the dead cross of the moving average, the momentum of the bulls has significantly weakened, and the decline will continue. In the early trading, the 2343 line was shorted. The gold price also fell as we expected. The short-term profit was 8 US dollars. At present, gold is not If it does not fall...