Gold has risen strongly as a safe haven and has not stepped back, which shows that gold is still gaining momentum for further rises. It is not suitable to chase long now. After all, the fluctuations are relatively large now. If there is a slight correction, the loss may be stopped, and then the situation will be more embarrassing. It’s better to be patient and...
The positive hidden divergence in the global gold price indicates the strong growth of this metal
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...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points....
XAUUSD | Gold Setup Timeframe M15 This idea is based on Educational Purposes We will Wait for break the Ascending line Current point at 2302.00 if Gold break the 2306 point we will open our positions from that point We will hold until Resistance at 2319 break then 2339 and our End Target would be 2349.00 if this point ( 2306 ) can not break this idea would be...
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...
In these troubled times, the market has always been so smooth these two days. There is always a wave of gold prices rising before the start of each session. The Bank of Japan intervenes in foreign exchange and gold once again rises as a risk aversion, but the intensity is not as strong as the last time. The current price of 2187 is directly short and continues to...
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...
Gold’s long and short 8-game winning streak, profit is that simple XAUUSD: @2358SELL, TP: 2330
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...
On Monday, gold hit a new all-time high of 2353, and the daily line continued to close positive. There is no doubt that the market is still strong now. No one knows where the top is. Going long in line with the trend is still the first choice when the market is strong, but there is a high probability of falling back after a strong market. Yesterday morning, we...
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.
Wait to see use my idea, SNR Gold already break Sell the next way it will make it the domain break for 23-04-2024
Dear Traders, Hope you are doing great, Gold declined from 2417$ mark and dropped significantly 600 pips on first day of the week. This implies that Gold is likely to make major correction before it rebound and continue the bullish trend. For us, we can enter now with accurate risk management and target 2300$ first and then our second target can be at $2280. The...
Spot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other fundamentals like the Chinese government and indeed its citizens as well as the central banks of several nations buying gold in high volumes support price from significantly falling from here. Supported by volume profile specifics as well as the Fibonacci...