Looking at the current GOLD trend which is increasingly showing a downward trend. Geopolitically, the Middle East is stable amid the issue of massive demonstrations on American college campuses, but this has not had a significant impact.
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We will continue to monitor market patterns and also the formation of price action on XAUUSD, considering that next week a lot...
Hey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels 2351 resistance and 2333 support. We will need to see either weighted level break and lock to confirm the next range.
We will need to see ema5 lock above 2351 to further open the range above or a rejection will follow to...
Hey Everyone,
Please see our updated 4h chart levels and targets for the coming week.
We are seeing price play between two weighted levels 2354 resistance and 2327 support. We will need to see either weighted level break and lock to confirm the next range.
We will need to see ema5 lock above 2354 to further open the range above or a rejection will follow to...
Hey Everyone,
Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea.
Last week we were seeing price test the updated Goldturn ascending channel top and stated that we were likely to witness either a break above the channel or some resistance and some correctional retracement for a level to...
Hey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading successfully over the last few months and currently still being respected.
So far we were able to track the entre move up and down twice with level to level tracking and our long term swing range zones have also provided the bounces each time.
LAST UPDATE
Price has...
Hello Traders, here is the full analysis.
Price reversal going up, levels for BUY . GOLD long
! Great BUY opportunity GOLD / XAU
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 comments. I...
In a financial market full of variables, gold, as a traditional safe-haven asset, has always been favored by investors. Gold speculation can not only bring considerable returns to investors, but is also an effective means to avoid economic risks. However, how to operate steadily in market fluctuations and achieve stable returns is the key that every investor needs...
The price of gold rose to a maximum of $2,352 today. It was hindered by resistance from above and could not continue to rise. Subsequently, it was affected by the annual rate of the core PCE price index in March and now maintains a downward trend. The market situation is changing rapidly, so it is particularly important to accurately judge the impact of the...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation.
If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP.
Levels are valid throughout the day,...
Gold closed up $16.49, or 0.71%, on Thursday to close at $2,332.30.
On April 26, spot gold accelerated its short-term rise, with the price just breaking through $2,345.
Gold short-term technical outlook analysis
U.S. first-quarter GDP data was lower than expected, causing concern. Gold maintained modest gains.
Generally speaking, gold tends to benefit in a...
Gold has broken through the shock zone and is also in the form of a triple top. It is currently rising strongly, the bottom is more obvious, the moving average is obviously upward, and the steepness is also intensified. The MACD energy column is obviously located at the zero axis. Above, it is also a sign of gradually moving away from the zero axis. From this, it...
Hey Everyone,
Another great day on the charts today buying dips from our Goldturn levels with plenty of opportunity to milk the range.
After tracking and trading the movement level to level all week using our cross and lock confirmation, yesterday we stated that we will now need a body close above 2326 to open retest to 2354.
- We got the close above 2326 and...
🏃♂️ Gold is moving in the 🟢 Support zone($2,327-$2,302) 🟢 and managed to break the Uptrend line and the Support line yesterday.
🌊According to Elliott's wave theory , Gold seems to be completing wave 4.
🔔I expect wave 4 to finish near the Resistance lines and 🟡 Price Reversal Zone(PRZ) 🟡, and Gold will start to decline again and break the 🟢...
Gold US market welcomes PCE data. Will gold continue to hit new highs or will it rise and fall as before? How should it be laid out?
If the U.S. market data for gold is bullish and it rises directly to a new high, then gold will fall back and go long and adjust its thinking. However, before reaching new highs, we can still watch gold rise and fall first....
Gold establishes bottom after breaking through 2330! It’s about to rise sharply after leaving the shock zone!
During the day, the price fluctuated weakly below 2330. After a tug of war between long and short, the price finally broke through 2330. The one-hour bottom pattern was established, and long orders entered the market! The target above refers to...
On Friday (April 26), spot gold fluctuated within a narrow range near the 2330 key. The U.S. first-quarter GDP growth released on Thursday fell short of market expectations, dragging the U.S. dollar index to a nearly two-week low, helping gold prices stay above key support at the middle track of the Bollinger Band.
That's despite U.S. Treasury yields rising...
In the latest global events, Gold has soared to new heights, hitting a five-day peak above $2,400 fueled by escalating tensions between Israel and Iran. Investors sought refuge in the non-interest-yielding asset as uncertainty loomed, driving prices to a weekly high of $2,417 per ounce. However, the rally proved fleeting as Iran quashed fears of immediate...
