Let me explain why I think this -for FOMC on Wednesday I expected a big buy as if the sell wanted to occur it would have (it neither bought or really sold) -the move for FOMC wasn't as aggressive as you would think from a news event (especially the first major one for the year) -(in yellow) this would have been the last high before the current highest high -...
Gold price is back in the green, on its way to retest the two-week high of $2,056 set on Wednesday. The US Dollar is fading its uptick amid a renewed appetite for risk assets, as markets cheer China’s fiscal support while assessing the US Federal Reserve interest rate outlook.
Hello Traders! This is my idea related to Gold H1. I expect a retracement after a reaction from the OB H4. At the moment, I expect that Gold will go after the PD BOSS, at the price of 2009. If confirms, it will be my target.
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
Just for Today! 50% OFF on your PREMIUM features. Crazy OFFER! Access our analysts and trade with them! SUBSCRIBE HERE! Close alert XAU/USD Editorial GOLD FORECAST AND NEWS Gold holds above $2,030 in choppy session Gold price erased a large portion of its daily gains after meeting resistance near $2,040 in the European session on Tuesday. With the benchmark...
From a technical perspective, bulls might still wait for a sustained move beyond the $2,040-2,042 supply zone before placing fresh bets and positioning for any further gains. Given that oscillators on the daily chart have just started moving into the positive territory, the Gold price could then climb to the $2,077 resistance zone before aiming to reclaim the...
Hello traders ,what do you think about GOLD? In 1H, upon reaching the ceiling of the channel, we saw gold falling. It is also below the important resistance of 2040. We expect to see a drop at least to the bottom of the channel with a little fluctuation in this area. If this post was useful to you, do not forget to like and comment.❤️
So it appears that my analysis thus far has been pretty correct link to that analysis is here - www.tradingview.com But I'd quickly summarize it for you if you don't want to read the entire thing..Sellers are interested in gold right now, sellers stops would likely be above the blue zone and I was anticipating that the market can spike above there before...
With FOMC, NFP, manufacturing PMI and other red folder news, we can expect some volatility coming into the end of the week. We have rallied up this morning on the London open and cleared last week's clear liquidity. From a technical perspective we remain firmly bearish however with tensions building in the Middle East, this is the type of news that can send gold...
Hello traders ,what do you think about GOLD ?Gold has broken its support zone and trend line and is completing a pullback to the broken zone. It is expected that after completing the pullback to the broken zone, it will drop at least to the specified levels. If this post was useful to you, do not forget to like and comment.❤️
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The financial markets are anticipating that the Federal Reserve (Fed) will maintain interest rates at a range of 5.25–5.50% during its upcoming January meeting. However, traders will closely watch the press conference for any indications from Fed Chairman Jerome Powell regarding a potential rate cut in...
Gold has tapped into Supply liquidity zone and also induced early sellers at 2037.00 zone and has now come back down and broken structure by breaking below 1H & 4h Candle. Also additional confirmation by closing below support. Since it had tapped into supply and into liquidity and also confirmed sells all that needs to happen is just to wait. We are just...
Gold price (XAU/USD) catches fresh bids on the first day of a new week and builds on its steady intraday ascent through the early part of the European session. The precious metal breaks through the 50-day Simple Moving Average (SMA) barrier, though bulls need to wait for a move beyond the $2,040-2,042 supply zone before positioning for any further gains ahead of...
I am placing a sell limit on Gold at 2023.00 with stops at 2028.50. My take profit is 2000.00. I think the Gold will eventually hit 1998 this week and then decline further.
Hello Traders! This is my forecast on GOLD M30. I will look for a short trade entry if I see the retracement from the OB H1. My target is the resistance level at the price of 2002. 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...
My outlook for gold this week leans bearish, and I'm on the lookout for nearby shorting opportunities to drive the price towards the daily demand zone. Presently, I'm eyeing a clear 5-hour supply zone as a potential selling point. I'll be patient, waiting for a Wyckoff distribution pattern to unfold within this area before considering entry for my sell...
Hello traders ,what do you think about GOLD ?Over the past few days, the price of gold has fluctuated within the $2040 to $2010 zone. This precious metal has also broken its trend line in the 4-hour time frame. It is anticipated that following the completion of the pullback to the broken trend line and reaching the specified resistance zone, the price will fall to...
The daily chart for XAU/USD shows that the risk remains skewed to the downside. A bearish 20 Simple Moving Average (SMA) maintains its bearish slope above the current level, while the longer moving averages remain directionless, far below the current level. Technical indicators, in the meantime, hold directionless within negative levels. According to near-term...