Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit. Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...
The 3h chart indicator has formed an obvious bear trend. In small-level trading, there is some rebound demand on the 30m chart, so the next focus is to focus on the resistance 2378-2383 during the rebound process. If it cannot break through, the short forces will be concentrated again, and it will inevitably fall back to around 2333, so if you can seize this...
Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains steady around $2,380 per troy ounce on Wednesday, staying close to its all-time highs as traders proceed with caution in anticipation of Israel's response to Iran's airstrike on Saturday. According to a report from Reuters, the third meeting of Israel's war cabinet, originally...
Today’s gold trading situation is as follows: 1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696 2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228 3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769 Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have once again continued our...
🌐XAUUSD PLAN - WEEKLY FORECAST Most of the price drop of nearly 100% was due to profit taking when the price reached the psychological level of 2430$, almost completing the 3rd Elliot wave and preparing for a correction, the drop to 2303$ -2252$ saw Sharks buy new. at a relatively cheap price. From Saturday to Sunday, the next armed conflict between Iran...
Dear friends, gold has rebounded to a high of around 2394 in the short term, approaching the 2400 mark again. Then gold seemed to feel a little exhausted, so it failed again and chose to fall back. Gold is currently trading near 2388, so does gold still have the strength to conquer 2400 or even higher? Although gold has stopped below the 2400 position many...
The situation in the Middle East, as predicted earlier, has eased. The United States acts as an intermediary, taking positions and speaking on behalf of both parties, which helps ease tensions. In the absence of new news, the gold market's operating philosophy should be based on upward breakthroughs after range oscillations. As the market opens higher, investors...
The 4h chart shows that bulls currently have the advantage, but on the 30M chart, it is currently in the resistance range of 2396-2404. If it cannot break through, it will fall back to the 2384-2373 range. If the range support is effective, you can continue to go long and pay attention to the resistance of 2396-2404 again. If it breaks through, consider 2409-2416.
Yesterday, we achieved two consecutive victories in gold, first short and then long. Gold is still bullish overall, and it continued to fall back to the long trend in early trading. Gold bottomed twice in 30 minutes near 2362 and the support stabilized and rose. Today it stepped back on the 2362 support and stabilized and continued to do more. Gold's long-term...
🏃♂️ Gold is moving near the 🟢 Support zone($2,373-$2,363) 🟢 and the Resistance line . 🔔I expect Gold to rise to at least $2,405 after breaking the 🔴Resistance zones🔴 . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my...
The U.S. dollar index continued to strengthen, posting its fifth consecutive daily gain as Powell signaled that the Fed has no plans to cut interest rates in the short term. Risk aversion limited gold's losses despite Powell's attempts to blunt market expectations for a rate cut. Spot gold approached the 2,400 mark intraday, but then fell back. After gold...
The recent trend of gold is still particularly strong. Even though it fell so much last Friday, its trend has not been extended. Since the price of gold fell to the 2324 line on Monday this week, the one-hour trend has been in a counterattack. Among the trends, the short-term trend is still volatile and upward. The intraday trend is currently dominated by the...
Gold is currently in pause mode, and if the conflict between Iran and Israel eases, market focus will turn to the Federal Reserve. It is clear that the Federal Reserve is not going to cut interest rates anytime soon, which is a bearish factor for the gold and silver markets. If the conflict escalates, you will see gold rise again. For now, the focus is on...
I dealt with many other things today, and the orders traded were relatively small, but my VIP friends all received my signal, and in general, the profit was around 110 points. Tomorrow's trading strategy is still based on dips, trading and confused friends can join me, I will take you out of the dilemma!
The 30M chart indicator is biased towards the short side. Pay attention to the 2373-2361 support. If it does not fall below, you can go long. If it falls below, consider the 2352-2344 range.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has rebounded from its previous losses and is currently trading at approximately $2,370 per troy ounce during the Asian session on Thursday. The valuable yellow metal, known as a safe-haven asset, is increasing in value as traders exercise caution due to the heightened geopolitical...
"PPI data was slightly lower than expected, keeping alive hopes of a possible rate cut before the end of the year - hence gold's gains. Central bank buying and geopolitical uncertainty remain the mainstays supporting the gold market." The golden week reached a new high, first stepping back to the 2325 first-line correction and starting to stabilize. Later in the...