Buyers are currently in control of the market as the dollar and the yieds drop.this has pushed the safe haven demand as we've seen that the gold market keeps climbing.
This is my perspective on the market I will be looking for buys Strictly unless price could break below my support (marked red)
Trust your own analysis.make a plan and trade your plan..this is mine 📌
Hello traders!
‼️ This is my perspective on XAUUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance and then to reject from 1990.
Fundamental analysis: Next week we have news on USD, on Wednesday will be...
XAUUSD The beginnings of an uptrend
The price has been in an ascending channel since last week. in the next 2 days there will be a minimal retracement to the support level, followed by continued growth to the level of 1800.
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Gold lost its shine due to a minor pullback in the US dollar.
Technical:
The yellow metal faces strong resistance of $1860/1870
The near–term support is around $1830,
#XAUUSD
General Sentiment== #DXY has gone back to retest a structure resistance level it broke out of from. In my earlier analysis, I project a longer term growth on US Dollar Index and I see it growing to above recent high around $105.0.
Technical Idea== My idea on the precious metal retest level was respected accurately, a break of $1,830 price range ...
In the previous analysis, we saw that according to our predictions, gold was able to hit the target of 1763, and then the strong support in the daily candle was rejected.
We expect gold after the pull back again from 1825-1830 resistance area of support to the price move.
If you liked my idea, please support it with likes and comments. thank you
It won't be rational to open any call before the news today. However, if you really want to trade, It's recommended to trade the range.
Sell below $1,307
Buy above $1,295
Overview:
The Gold markets rally during the course of the session on Tuesday to the level of $1370. At this point in time, we strongly believe that market is on its bull rally and ready to go higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and and market is sustaining above the 100 days moving average on its 4...
Overview:
The Gold markets rally during the course of the session on Monday, but found enough support at the level of $1350 and take correction. At this point, market is continuously sustaining on higher level, it indicate market is ready to higher. The Gold market sentiment is still positive. The main trend of Gold is bullish on charts and market is sustaining...
Overview:
The Gold market fell during the day on Tuesday, but did found enough support below at the level of $1305 to bounce slightly. The main trend of Gold is bullish on charts and the $1300 level is looking a strong support level, at this point in time buyers are still interested in in the precious metal . The primary trend of Gold is bullish on charts. On its...
Gold
1233.39
Market managed to sustain drop where tested 1225 zone while as we see over the chart market will face support zone at 1215-20 for the uptrend line.
as long as market holding above support 1215-20 another rebound toward 1245-50 may be expected
below 1208 market will face new drop pressure to head for testing 1190-95 zone
Support ...
Overview:
Gold futures edged higher in European trade on Thursday, after minutes from the Federal Reserve’s latest policy meeting underscored caution about future rate hikes. Gold Comex division tacked on $6.40, or 0.52%, to trade at $1,230.20 a troy ounce by 06:59GMT. A day earlier, gold lost $5.80, or 0.47%.
On technical chart, Short term trend of Gold is...
Today's Chart - XAU/USD
Overview :
Gold gave up some of its sharp overnight gains on Friday, but held above $1,200 an ounce as a drop in equities stoked fresh safe-haven demand for the metal.
On Technical charts, Current trend of Gold is bullish, it has given upside breakout from downward sloping trend. Now market is making higher top and higher bottom...
XAU/USD
Market retreated again from 1200-10 resistance zone which giving signals about ability for trading zone between 1150 - 1210
Market closing to Janet Yellen 2-days testimony while market supports 1180
Below 1180 market will face 1170 and 1150 as support levels, while resistance at 1200 and 1210
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