Gold prices are attempting a slight recovery during the Asian session after finding fresh demand near $2,355 once again. Gold prices took advantage of the softer risk tone and sustained weakness in US Treasury yields, despite recent hawkish comments from the Fed.
XAUUSD trades above 2370 and the daily chart suggests the slide could continue. Technical indicators...
Gold ultimately failed to break through to a new high last night and was still hindered by the resistance of the 2400 mark. After yesterday's pullback, the strength of the gold bulls was severely damaged. Therefore, today's strategy is mainly to focus on the high Sell. Now gold has reached the short-term resistance level of 2378, here Can sell.
technical...
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...
friends!
The price of gold is currently trading within a narrow range at $2,380. Judging from the current trend of gold, the price of gold will continue to rise slightly after falling slightly.
Therefore, caution should be exercised at this time as there is a risk of a renewed conflict between Israel and Iran. For gold traders, comments from Federal Reserve...
The current trend of gold has seen some energy from bulls shrinking. Yesterday’s market did not refresh the previous day’s high. Instead, it tried to break through the 2400 mark many times under the pressure of the 2400 mark. Unfortunately, gold no longer has enough energy to hit the 2400 mark. , and also fell below the previous rising trend line support,...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 "
Break of Structure and Retracement
RSI - Divergence
Rising Wedge as an Corrective Pattern in Short Time Frame
CHoCH
Pin Bar as Trend Reversal
Gold rose by more than 20 US dollars today, reaching a maximum of above 2,392 US dollars.
The price of gold fell rapidly after being affected by the resistance above and the news. If it cannot fall back to the 2370 or even 2360 area, it will inevitably usher in a rebound, and it may try to move towards $2,400 again.
If you have questions about trading, you can...
Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
Gold prices have retreated, as pressure from waning hopes for a U.S. interest rate cut outweighed the boost from safe-haven demand triggered by geopolitical turmoil in the Middle East. Although gold prices were still hovering near the record high set last week on Wednesday, they have clearly reached a high. There are signs of a correctional pullback.
The...
Welcome . Analysis of the gold market. On the clock frame. Everything is explained in the analysis. Please comment if there is ambiguity in the analysis. Or you didn't understand anything. I will be happy to respond. Good luck everyone
Anouare
Gold price analysis:
Current short-term trend: Up.
News: Good news for gold
Technical Indicators: MA shows bullish trend
Short term pattern: triangle consolidation
Breakthrough direction: Up
Support: 2366-2262
Pressure: 2397-2404
In the short term, low buying is still the main trend!
The above gold prices are based on the real-time prices on...
Today’s gold trading situation is as follows:
1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696
2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228
3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769
Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have once again continued our...
Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price...
Hello traders.. gold has been making all time highs. The last all time high was created with consumer sentiment news that miss forecast for the USD last friday. Since then we've been going sideways and are currently in a 4hr range between 2,393 and 2,360. The weekly candle is bullish & the last 2 daily candles have closed bearish. The 1hr candle is currently...
friends
Today, the price of gold fell rapidly from US$2,390 to US$2,361. If the price of gold cannot recover US$2,375, it may fall further. If it can regain its lost ground, it will continue to rise above US$2,380.
Failure to accurately grasp the trading rhythm at this time will cause your profit income to fall short of expectations, and you will be 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 price rebounds to $2,380 in Thursday’s European session after posting losses on Wednesday. The precious metal holds gains amid fears that Middle East tensions could worsen and spread beyond Gaza if Israel responds brutally to Iran.
