Although gold experienced a sharp decline on Friday, the overall price is still running above 2300, so the trend is still upward; secondly, there was no new low after this plunge, which also shows that this is just an emotional reaction. Gold is currently in a slight consolidation. We temporarily regard the rise and fall of US stocks on Friday as a breakthrough...
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...
XAUUSD | HEAVEN PAIR Bullish Setup Hey Traders Welcome Back .. We have seen yesterday gold touched the 2330-2333.00 point and spike at highest point We expected gold will touch 2400.00 point easily Current point at 2370.00 We already in Blue Range as we Send intra day of 100+ pips Position Set the Target as a 2375.00 Our Positions Start from...
Daily resistance is 2374, support below is 2326-2320 Four-hour resistance is 2374, support below is 2326-2320 Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer...
Welcome . My analysis of the gold market using the pitchfork tool on the daily 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
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
Hi Realistic Traders, let's discuss the latest surge in WTI Crude Oil Price Why have Oil prices surged? In the second quarter of 2024, Russia plans to cut its crude oil production in line with OPEC+ agreements, gradually reducing output each month from April to June. This decision follows earlier cuts made in April 2023 and March 2024, with export reductions...
China continues to purchase Gold, adding 23 Tons of the precious metal just the last month, according to the World Gold Council. Since November, China has accumulated more than 180 Tons of Gold, equating its official Gold State Reserves to around 2,136 Tons.
📣Hello Mates! We have seen that gold is continuously bullish and its momentum is not going down. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our resistance levels are spotted at: - 2431.00 -2400.00 📉 And our support levels are set at: -...
Emergency situations As Iran launches a large number of missiles and drones towards Israel, risk aversion has increased, and gold will jump $50 higher at the opening tomorrow. 1. Federal Reserve-Goolsby: If the PCE expands again, the Fed will stabilize prices. Schmid: There is reason to think that interest rates will remain high for a long time. Bostic: The...
GROY does mine rentals as its business ( royalties) it collects rent in gold or gold ore. Business has been good the recent earnings report was a beat with guidance for significant increases in revenues in the near and intermediate term. Volume and price product ( PVT) is rising. The MFI+RSI+ MOM shows all three measures as bullish. I will initiate another...
Gold breached 2365 and gave us an indication to show that it wants to buy to the 2430 area. This was followed by solid correction to well below the 2365 area, however creating a HL (that area of support at 2330 was not touched, so it held). Price appears to have concluded that correction, and a break above the 2365 in session, should give us the confirmation that...
Gold technical analysis Daily resistance 2400-2450, support below 2342 Four-hour resistance 2400-2420, support below 2383 Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls...
Gold is losing ground as traders lock in the time aggressively. The US Dollar tested a multi-month high today. Normally, a strong dollar would lower gold prices, but the current situation is unique as gold prices are driven by central bank demand and rising geopolitical tensions. In case gold falls back below $2,350, it will head towards the nearest support,...
I take a long tread and book 50% on my analysis and trail my sl to entry price If anyone take this tread just do the same when ever you entr a tread just book 50% of your total quantity on the risk reward of 1:1 and rest quantity you can trail without any fear Just my opinion on how to manage risk reward do accordingly in your risk reward management
A stronger US dollar and fewer worries about inflation caused gold to retreat after hitting a record of 2431. Market volatility is caused by geopolitical tensions between Iran and Israel, which initially increases demand for safe havens. Fed officials' remarks that strengthen the US dollar work against the price of gold. Fed rate cut bets and bullish USD seem to...
The price of gold in the U.S. market rose sharply on Friday, directly breaking through 2400, directly reaching the target level we saw, and setting a new high again. When the gold price is at 2240, my public strategy is that the gold price will reach the 2300-2320 line. This goal was quickly achieved within a week. We continue to be bullish on gold this week and...
Market Analysis PT1/2 (15th April 2024) XAUUSD Analysis On the 15 minute Timeframe, Price broke above the 15 minute lower High, creating a Change of Character. To Confirm a bullish Bias, i would want to see another Bullish BOS to continue buying gold all the way to the ATH. However, if price fails to do so and ends up breaking the 4 hour Bullish OB, then...