2017 - 2021: Market made its first impulse wave. Created a new ATH (all time high) at $2,074. 2022 - 2023: Long term correction & accumulation for buy orders. Also, market trapped late buyers at the top, who got in during the end of Covid. Liquidated them during the correction. 2024 = New all time high’s for the market. Markets move in cycles. Never a...
In terms of gold, it fluctuated all the way back from around 1926 at the beginning of last week, and accelerated its decline after falling below 1910/1900. This was mainly due to the core view of the Federal Reserve to maintain high interest rates for a long time. The U.S. dollar index refreshed its high point in the past year, and gold was under pressure. Weak,...
Hi folks today I'm prepared for you Gold analytics. Some days ago price declined to the 1890 resistance level, which coincided with the resistance zone, and at once rebounded up to 1980 points, but didn't fixed and continued to decline. Price broke the 1890 level, entered to big consolidation, and fell to the bottom part of it, which coincided with resistance 1,...
hello guys... as you can see, gold formed two opposite sides of the channel. an ascending channel in the long term and a descending one in the short-term time frame! the dark blue line is an important area for touching and starting an upward movement let's see what happens! _________________________ always do your research. If you have any questions, you...
OANDA:XAUUSD is testing the liquidity area I mentioned yesterday. The mentioned levels are not target levels, but only on the way to the target. Gold does not reach the lower boundary of the zone and the market maker forms a trap On the chart I have marked the liquidity area - quite a wide corridor and with a high probability the price should pass this zone,...
XAUUSD D1 We have sold off an absolute monstrous 1250 points in total from 1940 down to 1815, actively 1150 points as we have bounced somewhat 100. Support price of $1805 would be the lowest price gold has trading during the whole of 2023. We have have a huge bearish selloff without any relief rally. A bounce from support price of $1805 could be amazing...
XAUUSD is absolutely bearish, the structures in lower timeframes are all bearish and every structure is good for a potential sell position. Manage your risk!
My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 1826.4 Bias -Bullish Safe Stop Loss - 1808.8 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1862.3 About Used Indicators: For more...
Gold Extends Declines in Moody Markets as Risk-Off Sentiment Prevails Amidst turbulent market conditions characterized by risk-off sentiment, the price of gold continues its decline. The precious metal is facing headwinds primarily driven by concerns related to interest rates and the persistent rise in US Treasury yields. Gold spot prices are on the verge of...
Hello everyone! Today we continue with the ongoing streak of gold price reductions, currently trading at $1818 with signs of approaching the $1800 price range. The increase in US bond yields and the strengthening of the USD continue to pose a threat and exert pressure on precious metals. Faced with pressure from the USD and US bonds, this precious metal market is...
Well, as you can see, according to our expectations, the price moved up to the desired supply levels, and exactly when it entered the range of $1947, it was accompanied by a drop, and in these 2 days, it managed to correct by more than 160 pips to the level of $1930. Today, the price has reached the range of $1930 and is being traded in the range of $1935. The...
GOLD SHORT Opportunity Hello traders, here's a chance to Sell XAUUSD. The price Action showed some weakness the last 3 days, as it started to show lower highs and lower lows since May's 2023 Peak. In this analysis, I rely on the Downtrend line drawn above the price, In addition, the price was rejected 3 days ago when it reached the neckline of the double top...
On last week's Gold (XAUUSD) analysis we called it was time to finally break below the 1W MA50 (chart below) and it did in spectacular fashion, already hitting the 1850 target: The price now almost hit the 1W MA200 (red trend-line) and being near the bottom (Lower Lows trend-line) of the 5-month Channel Down, the conditions for a short-term (at least) rebound...
GOLD New forecast The price perfectly fulfills my last idea and price reached to our target . The price of gold continues to decline to reach the outskirts of the expected extended target at 1810, and we expect the bearish tendency to continue to exceed this level and achieve additional negative targets extending to the 1800 areas. Therefore, the downward...
💬 Description: The attempt by buyers to recover on Friday did not justify itself, and the currency pair is still a sell priority. Level 1.06167 has proven itself to be a mirror level, which in turn confirms the current sales. The daily level of 1.05194 has shown itself only once so far, and its retest is expected in the very near future. An update to the...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
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!
Hello, I have two scenarios. If the price can break the range of 1932, the price will move up to the range of 1823. If the price is supported in the range of 1932, it will move to the range of 1988. If the price can cross 1988, it will move to the range of 2064. This week's news is very exciting