Gold has struggled against this central bank headwind and is sitting on a prior level of resistance turned support at $2,009/oz. This week’s sell-off has driven the spot price through both the 20- and 50-day simple moving averages, adding to the negative tone. We noted in the article above that $2,009/oz. should hold a short-term sell-off and while this still...
This week's perspective on gold is quite interesting, considering the recent break to the downside. The current retracement, triggered by a reaction from an imbalance, has my attention focused on the 22-hour supply zone. This particular zone played a significant role in causing the downward break. Given that price has cleared liquidity from its all-time highs,...
wait for the market to gather some liquidity. Short for some green pips, as #Gold is following a bearish trend and grabbed its inducement already. Happy Trading.
Hello traders! This is my idea related to Gold H1. I see a very nice retracement from the resistance level. Also, the FVG on M15 was taken, and I expect a bullish move until the price of 2048, were we have a valid FVG. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and...
The price of gold is currently maintaining its stability below the threshold of 2018.80, thus keeping the bearish trend scenario valid and active for the day. It is important to note that our main anticipated target is set at 1982.23. We are taking short positions to achieve this target and break the level of 1900.
Just as highlighted by my analysis, today is bearish and the sell momentum kickstarts after the liquidity buy zone has been filled. The full prospect is a massive sell down to the 90's 📉 Let's watch the market movements and make profits off this analysis Follow me for more helpful analysis 👍... boost this idea if you support this overview 👏
Gold has struggled against this central bank headwind and is sitting on a prior level of resistance turned support at $2,009/oz. This week’s sell-off has driven the spot price through both the 20- and 50-day simple moving averages, adding to the negative tone. We noted in the article above that $2,009/oz. should hold a short-term sell-off and while this still...
Gold price (XAU/USD) has executed a short-term recovery move in the midst of a persistent downtrend. Gold price printed a fresh monthly low near the psychological support of $2,000 on Wednesday, then bounced. Yet despite the rebound, the precious metal remains on the backfoot as investors continue to worry about when the Federal Reserve (Fed) will start its long...
Hello Traders! In the previous analysis, I expected a retracement from the resistance level and I was looking for a short-trade from the OB. Now we can see a very clear retracement. A good opportunity to execute short trades for scalpers or on small time frames. Congrats to those who executed the trade. Traders, if you liked my idea or if you have a...
In the final days in December gold's strength has started to weaken. Wednesday December 27th 2023 is the last high we saw gold peaking around 2088.41. A massive and consistent downtrend has come right after that with a clear formulated structure with lower-low's and lower-high's. Monday January 08th 2024 is when we saw a pull-back and momentum revitalize it's self...
Gold: $2,025 - After US Inflation, What's Next? Gold's short term prospects might be dependent on upcoming US inflation data for December. XAU/USD currently trades at $2,025, stepping back from an intraday high of $2,042. On Thursday, the US will release the Consumer Price Index for December. The market is expecting a 0.3% monthly increase in Core CPI,...
Looking to short price for 120 pts if candle closes ONLY below my zone under 2040.43. The candle has to close before i consider it as my first confirmation. My second sell Limit or executed market price trade will be at the upper end of my zone at 2043.62. I will only execute my second trade once price reverses before hitting my target area for 120 pts after new...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: There is no important US economic news today, mainly based on technical analysis according to the Gold chart ⭐️ Personal comments NOVA: Prices are forming a downward wave pattern in the short term. According to fibonacci, Gold prices need a DOWN adjustment period to continue creating more liquidity...
Today the price of gold fluctuates in a range. The short selling range I suggested to you on the channel has helped many people. Tomorrow we will focus on the price line of 2047-2050. If it is not exceeded, gold will continue to fall, with the target of 2025. Recommended operating strategies: sell 2047-2050 tp2035-2030-2025 sl2055 If you like my analysis,...
Gold short from big resistance zone. Let me know what you think!
Gold Setup | H1 Time Frame We are expecting gold will retest the point 2070 Probably gold will reject this point and expecting to touch 2040 the main support for past weeks In Past Analysis we catch more then 100 Pips on Bullish move Still Our Aim is to catch more pips on sell setup of Gold hopefully enjoy the trades with proper Risk management 1% Cheers...
Gold price (XAU/USD) trades with a mild positive bias for the third successive day on Friday, albeit lacks follow-through and remains below a one-and-half-week high touched the previous day. Against the backdrop of Friday's stronger-than-expected monthly jobs report, the upbeat US macro data released on Thursday pointed to a resilient economy and raised doubts...