There was a potential buying in gold and still gold is in buying status as gold has also given up its consolidation phase so we are seeing a pull back to the consolidation break and then a potential buying
Today I have given you two trading ideas, one is to short gold in the 1949-1951 area, and the other is to continue to short gold in the 1958-1960 area. After gold hit its highest level near 1962, gold fell directly to around 1938. Our gold short order made a perfect profit, and we also made a lot of profits. For the next gold trading, I think according to the...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
🔔Speculation that the U.S. Federal Reserve may leave interest rates unchanged in November could push gold even higher. 📈i wanna Buy 1929.75$ and 1918.40$📈 👑Take Profit: 1982$ next week👑 🛑SL: Do your own research🛑
From a general perspective, gold is undoubtedly still in an upward trend. Under the influence of the Palestinian-Israeli conflict, the market has also formed a strong V-shaped reversal, and the magnitude of the reversal has broken through the upper track of the downward channel. On the surface, this is A very strong upward structure, but since last Friday’s...
#GOLD... market just reached at your targeted area 1945 arround to 47 . Now it will be today resistance zone . It market hold it then again drop expected towards supporting zone. Keep close it and manage your positions accordingly. Trade wisely Good luck
#XAU is trying to break bearish channel. This scenario will be invalidated if price returns into the bearish channel and closes weekly. NOT FINANCIAL ADVICE.
Looking at the 4-hour chart, the big positive line rose strongly in the 4 hours, and the trend was dominated by bulls; the stochastic indicator was in the golden cross state, mainly bullish signals; MACD double lines were upward, mainly bullish signals; but after the big positive line, the rise attenuated ; Therefore, after the big positive line, there will be...
International gold expanded and fell back on Monday to maintain a volatile trend. On Monday morning, the price of gold continued to fluctuate downward from the 1929 line. The gold price dropped to a low of 1908 and then fluctuated higher. During the U.S. session, the gold price reached a maximum of 1924 and then gradually stabilized and closed above 1919. The...
Hi Guys I'm back with Analysis on Gold this time. Last Friday gold touched major supply zone around 1930 and started selling off. It was a perfect opportunity since we had a supply area + trendline, a perfect confluence. Now we could wait for the area to be tested second time and upon reaching there make sure you get the confirmation in lower time frames. Below...
Looking at TVC:GOLD on the 3M(Monthly) Tf(Time-frame) from an investor perspective view of positioning; (long-term investing on the yellow stone) we can see it sitting at no men's land at the current price, as well Changing Character and Breaking Market Structer (Lower Low) in price action ; (Lows of Q2) Despite its Bearish Price Action on *3M , States...
In the dynamic world of trading, spotting key price levels and breakouts can lead to profitable opportunities. We've observed a notable event on the H4 (4-hour) chart of Gold: a strong resistance breakout followed by a price test at the 1938 level. Let's keep it simple and explore this setup. Chart Setup: Asset: Gold Timeframe: 4-Hour (H4) Event:...
The market's fluctuation range after yesterday, October 16, seems to be a sideways wave and a slight recovery to the 1900 area to wait for the next trend of the war situation. You can consider buying and selling support and resistance areas according to technical analysis. ✅✅Supports to note: 👉1910-1908: Thin support during the day, you can consider BUY upside if...
- The correct purchase price was determined at yesterday's meeting... - Today's session is bullish... 🔴Yesterday, bar D1 had a doge candlestick market and H1 created a small triangle pattern indicating the end of the downward correction wave. In this morning's Asian session, gold is up by a massive 194x, with further upside potential. 🔴 "The Palestinian-Israeli...
I entered this trade a little early and could of had better entry at the end of CD. Will hold this trade to tp hopefully we get a good push for tomorrows news. Any break above D invalidates.
Gold opened higher yesterday and moved higher. The daily line closed the solid positive line. The K-line stabilized and the 10-day moving average rose. The 5-day moving average turned upward. In the short term, gold has strong upward momentum and is expected to rise further today. Focus on the 1873 first-line resistance level above. Overall, gold opened higher and...
Judging from the market, after the Asian market fell slightly on the previous trading day, the European and American markets continued to rise. After touching the 1877 line, the rise briefly stagnated, and after closing at the high level, it remained at the 1875 line. After that, the entire upward movement this week showed a step-like upward movement. After each...
Hello,Traders! . . . . . XAGUSD (Silver) is trading in a downtrend on the daily and sitting right below the 50 MA. After the recent decline and consecutive rejection at 20.73, price has been pushing upward in an impulse, correction phase. It is currently rejecting the 32% fib after the impulse rise from 21.77. All signs are pointing to more upside at the...