The price can retrace up to Fibonacci 61.8% before sustaining a break above the downtrend channel without consolidation. Especially, the expectation of a rise below strengthens the AUD as a fundamental economic indicator. If the expected interest rate decision does not come out of the FED meeting as anticipated, and a somewhat moderate text is published, we may...
GOLD OUTLOOK The prices of the yellow metal were subjected to downward pressure in trading today, Thursday. Which prompted it to decline from its highest levels in several weeks, coinciding with the rise of the US dollar index and US bond yields, despite the US Federal Reserve keeping interest rates at the same levels without change during the policy committee...
As per the candle sticks pattern, I got this trade on M30 time frame. I think it may rise. It will be better to make your own analysis first then look for buying opportunity.
#XAUUSD the price have made a good movement to trigger on both sell target 1926-1915, now the price have float below 1913 which is possible price stop to start bullish, now the bull confirmation is above 1920.75 which will move above 1929 again but if possible the price drop below 1911.84 it will keep falling below 1905.
Gold today traded stably around 1927 USD. Yesterday's news update: As you may have noticed, after the Federal Reserve (Fed) announced news about gold interest rates there was a strong reaction and spiked to a high of 1945 USD. However, when the Fed decided to keep interest rates unchanged at 5.25% to 5.50%, gold quickly returned to a lower price of 1927...
Good evening gold gang! .. wow what a great day! .. small scalps in NY and huge sells for FOMC. congrats if you followed along and took the same trades DXY has come up and cleared all ranges now and left a double top thats ready to be raided .. so this could have been the top for gold as it we make our way down following the HTF trend Buys, sells and reversals...
Hello everyone, The price of gold has been fluctuating quite rapidly, but it seems to be pushing past the 1935 and 1940 resistance levels. This indicates a possible downtrend as bearish momentum takes hold. Be cautious if the 1928 and 1923 support levels are breached, as that could signal a downfall towards the 1916 and 1903 targets. It's important to remember...
Gold is losing almost 1.5% amid sell-offs. Yesterday, before the FED speech, the market maker strengthened the price to 1947.3. The news was strong for the dollar and weak for gold, thus we see a strong sell-off and at the moment the price is at 1919.5. Ta on the high timeframe: 1) False break of resistance at 1934 2) A strong candlestick pattern is formed for...
Preferred direction: SELL Comment: The Fed results also did not leave the metal unattended and, as we expected, the price collapsed. A further fall is visible, and the nearest target is level 1912. After which sellers can give a downward impulse to the level of 1900. Thank you for like and share your views!
Balance of buyers and sellers on the GOLD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
Preferred direction: SELL Comment: The previous trading idea for the Australian was implemented using option 2. At the moment, the idea is expected to be fully developed and the price area near the level of 0.63800 will confirm this. After which a pause is expected, namely accumulation is most likely. Thank you for like and share your views!
Preferred direction: SELL Comment: After the fall in price against the backdrop of the Fed meeting, the Euro continues to be under pressure and most likely this trend will continue in the short term. The focus is on the level 1.06318, a retest of which is expected, followed by a downward fall. The trigger for the fall is the activation of the stops of buyers...
OANDA:XAUUSD surprised many people yesterday, but not us. On the background of the previous days analysis (technical + fundamental) we had an idea about further actions on the market In brief: Powell left the rate unchanged, but there were a lot of words that if the market remains aggressive, they will apply appropriate measures. And considering the fact that...
Hello traders , After yesterday news : gold once again Rejected the strong bearish trendline formed an inversed hammer on the daily time frame. We are on a bearish trend . and the DXY dollar index is still strong. these are our bearish clues. i believe we are going to see gold back on the 1905-1908 level very soon.
Yesterday was a rough day. Gold managed to spike beyond the daily Channel(resistance) In my opinion manipulation occurd to wipe Sellers. Gold eventually fell back around 250pips. GOld is currently floating above support level. I think gold will climb first test the last high again around 1945 And fall from here. But there is still a untouched area around 1953 were...
Gold Price Hovers Around $1,930 Amid Fed's Hawkish Stance and Rising US Yields Gold price remains steady around the $1,930 mark as investors shift their attention to upcoming US economic data following the Federal Reserve's recent policy decision. However, the Fed's hawkish stance on interest rates and rising US bond yields are putting pressure on the precious...
Hello traders, yesterday, I mentioned that Gold has a strong chance of falling from the 1950 level after FOMC which is exactly what happened. So, cheers if you made money shorting Gold. 📌Currently, you can notice a strong bearish daily candlestick with a long wick at the top. This candlestick has formed at the top of the price channel. 📌A rejection has also...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.