Hi Traders! The XAUUSD Price Broke a Strong Daily Support Level (1875.550 - 1903.865) Currently, This Support Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 1820.000🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Following a steady rebound toward $1,880 on Friday, Gold price made a sharp U-turn and turned negative on the day near $1,860. Although the 10-year US T-bond yield is down more than 1%, XAU/USD struggles to find demand on the last day of Q3. Gold now sell 1856 Sell limit 1860 Target 1852 Target 1848 Target 1830 SL 1880
Gold price now seems to have found acceptance below the $1,900 mark, which, along with bearish oscillators on the daily chart, suggests that the path of least resistance is to the downside. Hence, some follow-through weakness towards retesting the August monthly swing low, around the $1,885-1,884 region, looks like a distinct possibility. Some follow-through...
Gold price now seems to have found acceptance below the $1,900 mark, which, along with bearish oscillators on the daily chart, suggests that the path of least resistance is to the downside. Hence, some follow-through weakness towards retesting the August monthly swing low, around the $1,885-1,884 region, looks like a distinct possibility. Some follow-through...
Gold remains stuck below key averages, what’s next? Gold price is easing toward $1,920, making it for a negative start to a key week ahead. The United States Dollar (USD) and the US Treasury bond yields have entered a phase of consolidation near last week’s high, as investors look to this week’s inflation data from the US and Europe for a fresh directional...
Hello traders ,what do you think about GOLD? Gold has broken its downtrend line and its resistance zone. In the short term, it is expected to grow to at least the specified level after the pullback to the broken level. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD? After breaking its support level in the 1915 zone, gold is now below it. After completing the pullback to the broken level, it is expected to drop at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️
Intry price:1936.00 Tp short : 1919.00 Stop lose: 1943.50 Risk/reward ratio:2/55’
Trading Plan for September 14, 2023 Global gold prices have experienced considerable turbulence in the early hours today. Spot gold prices dropped by $4.5 to reach $1,908.2 per ounce, while the last recorded trading price for future gold was $1,932.5 per ounce, down by $2.6 compared to the previous morning. This has led to questions about how the latest U.S....
Hello traders ,what do you think about GOLD? Gold is still fluctuating between the zone of 1930 and 1915. It is expected that the direction of its movement will be determined with the release of tomorrow's data. Currently, it is expected to continue to fluctuate between the two specified zone If this post was useful to you, do not forget to like and comment.❤️
GOLD BUY ENTRY gold buy at 1907.15 s l at 1903.50 Place strict Stop loss
1. precious metals tend to be seen as the opportunity cost of holding non-yielding metals, and the US Treasury yields consolidated their weekly rallies on Friday. The 2-year yields stand at 4.99%, while the 5 and 10-year rates are at 4.40% and 4.26%. All three saw mild gains during the session which limited the Gold’s advances on the day. 2 . For next week,...
Hello traders ,what do you think about GOLD? Gold was supported by the 1915 zone and has broken its short-term downward trend line in the lower time frame. It is expected that after the upward correction, it will reach the specified resistance zone and then fall from that area If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD? Gold is moving in a descending channel. until this channel isn't broken upwards will continue its downward movement to the specified level. If this post was useful to you, do not forget to like and comment.❤️
Gold ended Wednesday with a decline, driven by a surge in the dollar and bond yields following the release of another economic report surpassing expectations. The December delivery of gold closed down by $8.40, settling at $1,944.20 per ounce. This dip occurred as both the dollar and bond yields experienced an uptick after the August ISM Services Purchasing...
On Wednesday, gold remained below the $1,930 per ounce mark, facing downward pressure from a robust dollar driven by increased global economic uncertainties that heightened safe-haven demand for the U.S. currency. Furthermore, rising Treasury yields continued to exert pressure on the precious metal as investors assessed the probable direction of U.S. monetary...