Gold saw a pullback of nearly $100 from a high of $2,431, followed by a slight rebound, dragging the price to $2,370 per troy ounce. This increasing volatility begs the question of the market’s state. To address this, we would like to note that the rising volume has been accompanying the increasing price, which is positive (and, indeed, quite impressive,...
This goes out to everyone in Europe who doesn't want to see there hard earned money loose value. Get your hands on some gold, a rare opportunity to buy awaits at €1900-€1950. I will keep you posted.
Dear Students, I trust you're all eager to explore the fascinating world of trading. Today, I want to walk you through the rationale behind a hypothetical sell position in gold in 2051, leveraging a supply zone strategy. 1. Identifying the Historical Supply Zone: Upon thorough analysis of historical price charts, a prominent supply zone was identified at the...
Gold skyrocketed past $2,140 only a few minutes after the futures market opened. Unfortunately, however, the rally was not sustained, and shiny metal erased nearly all of its gains by the European morning; in fact, at some point, it traded as low as $2,057.89 per troy ounce. While the overnight price action was, once again, pretty impressive (and despite us loving...
Hello dear participants in the Market I am trying to somehow use political perspective as less as I can to express my view on the economic part. But I think the general awareness on the subject justifies my use of this kind of references more. There is a lot happening and its getting harder to stay neutral. The line between the power(political) and finances had...
Earlier, I updated my thoughts on shorting gold, but it only fell to around 1943 before stopping. I have updated in the channel and closed the transaction. Obviously, I seized the opportunity and the rising order has been profitable. Now we continue scalping and shorting the highs. TP1950
Short orders continue to enter the market, XAUUSD Sell1948 TP1940
At present, gold has rebounded to 1963. Do not enter the market for the time being. It is recommended to go short near 1970! ! !
The gold price is showing quiet negative trading, gradually moving away from the 1963 level, reinforcing expectations of the continuation of the downward trend during the coming sessions, with its next target at 1943, stimulated by the negativity of the Stochastic indicator, which is clearly visible now, with a reminder that the continuation of the downward wave...
If ghazal war continues I guess gold will break it's strong green line (yellow shape) But if the war ends it must come down to support line and then moves up (orange shape)
The price of gold has been fluctuating sideways in the past sessions, stable around the moving average of 50, noting that the stochastic indicator is losing its positive momentum noticeably, waiting to stimulate the price to resume the expected negative trading in the immediate term, which aims to test the 1964 level initially. Therefore, the downward trend...
if it falls above 1983 in this direction will rise to 1996 then 2010 then 2022 but if it is below 1983 the direction will go down 1964 , 1947 then 1933 Pivot Price: 1983 Resistance prices: 1996 & 2010 & 2022 Support prices: 1964 & 1947 & 1933
Hello traders, The price of gold fluctuates near the support of the ascending channel. It receives continuous positive support from the moving average of 50, which supports the chances of continuing the rise within this channel and heading towards achieving our positive goals that started in 1996 and extended to 2010. In general, we will continue to favor the...
Hello traders, The recent gold price trades are confined within a descending secondary channel, which we believe constitutes a bullish continuation flag pattern, as shown in the chart,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as...
Hello traders,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as consolidation below this level will stop the positive scenario and place the price under negative pressure, mainly targeting the 1951 areas. We point out that the price needs...
The gold price is showing positive trading and is trying to confirm crossing the 1977 level, reinforcing expectations of a continuation of the upward trend during the coming sessions, paving the way for heading towards our main awaited target at 1991 Therefore, the bullish trend scenario will remain valid and effective for today, supported by the positive...
OANDA:XAUEUR has greatly improved its appearance relative to the chart of $OANDA:XAUUSD. See the weekly charts of both: 1 W € 1 W $ We will now comment on the charts OANDA:XAUEUR : OANDA:XAUEUR has reached a market top in the very short term but we think that before the end of the year it will reach new all-time highs with free upside , a...
Hello everyone, The price of gold rose strongly yesterday to succeed in achieving our expected target of 1985. We notice that the price begins today with more positivity to try to penetrate this level, which leads the price to achieve more expected gains during the coming sessions, paving the way for heading towards the levels of 1991 and then 2009 as...