After rising above the important pressure zone of 2,400 points again late last week, it finally closed near 2,390 points. We once regarded this pattern as a strong level to be broken through. Gold has a 4-hour double top structure. Gold fell directly below the low of 2354 in previous days. With support, gold's decline will continue. Gold's one-hour rebound of...
My ideas to short GOLD was correct, and now it's approaching daily support zone. This area held the price multiple times, but i think that now will break below this support zone and probably we will see a flash crash till the support area at $2265. Here i expect a strong reversal pattern to enter longs and target new ATH
Last week, we built a long strategy around this range and achieved 100% accuracy and profit growth. Trading strategies may change this week, so stay tuned for updates.
Gold prices continued to weaken during Asian trading on Monday due to a lack of risk aversion over the weekend. It is currently around 2365, which is a relatively low position, with a small gap...
Gold is a give first time correction of privious all time high tread and
Now treading at 0.3% fib retressmet
I am looking for a bye entey hear and
Stop loss is just below privious swing in 4hr time frame
Today my all Satup are working good
And all big target are achieved I captured more then 500 pips
It's a biggest tread of my life
Follow for more...
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...
Gold fell by 2225 yesterday. Gold fell quickly and was harvested instantly. Is it cool? We directly charge more at the current price of 2374
Gold was blocked in the 15-minute short-term adjustment and fell back, and gold began to fluctuate in the short-term. Pay attention to the support near 2365 before adjusting to go long. If the upper rebound of 2390 still...
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...
Gold opened lower early and then rebounded, but we need to further pay attention to the support of safe-haven gold. If we are long on gold, we will first put it at the next support level, because after all the recent negative adjustments, whether gold will continue to rise to new highs or continue to fall back to lows, the main trend is long.
If gold waits for a...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
Xau is expected to make a buy pullback after a SHORT yesterday through to the 2290's
GOLD would be going on a bullish hedge as we anticipate a turnaround for a continued short at the indicated reaction zones- R1, R2 and R3
Based on the analysis, the expected zone of turnaround is R2 just as indicated by the lowering arrow or we could have an uptrust ..
Like, ...
Gold managed to recover its losses yesterday (biggest daily slump in almost 2 years) on weak US PMI data. The thought here is that sluggish growth indicators might push the Federal Reserve towards an earlier interest rate cut (although don't hold your breath), potentially increasing the attractiveness of non-yielding assets like gold.
The rate of expansion in...
Gold went long at 2375 in the afternoon, and the article also directly publicly suggested that 2373 went long at the current price. Gold rose sharply again, and gold dry longs harvested again. Gold won three consecutive victories from yesterday to today. Gold is bullish. If it falls back, it is better to continue to go long. .
Gold's 1-hour moving average is...
In the past two days, we have been emphasizing that the short position in gold has just begun. Gold has fallen sharply in the past two days. Gold was originally expected to rebound near 2340 and was short. Gold fell directly to 2335 and fell below 2300 to a new low. It rebounded to 2313 and was directly short. Gold fell again. The gold short position has won six...
Purple Box: Bearish (21.6 - 22.1p/o)
Blue Box: Bullish 1.(25 - 25.6) 2.(28 - 28.7p/o)
Bullish Scenario
Silver's a very under priced metal, I'm thinking because countries are stock piling more gold they should also be doing the same with silver...
Prise is finding or has found support above 22p/o and so a push upwards towards 25 is highly probable...
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1D- Let's start with the daily timeframe. We continue to observe a strictly bullish context for XAU/USD. Currently, we are within the MS Range. The obvious local target for correction is the equal lows marked on the chart. It's also important to note that if the price closes below the fractal equal lows, the context will change to bearish.
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...
XAUUSD Setup | H1 Time Frame
- This Setup indicates as Educational Purposes
- Supports level at 2374.00 - 2360.00 - 2333.8 - 2319.152
- Resistance level at 2397.00 - 2413.00
- Circles Indicate the consolidation area
- Grey Area Shown as Gold will be in that zone
Gold Retest the 2397.00 Area in this case if gold break that point we will further see on...
XAU/USD is expected to continue its rise in the short term, reaching a new all-time high (ATH) this week. After a period of ranging and consolidation, where the price remained within a relatively tight range, the upward momentum is expected to resume. This suggests a bullish sentiment in the market for the gold/US dollar currency pair. However, it is important to...
