Yesterday, it continued its downward trend and fell below the $2,300 mark, reaching as low as $2,291. Based on the previous day's high, the two-day retracement was nearly $100, completing a retracement adjustment in a relatively short period of time. The retracement of the gold price itself is an adjustment. It is under such expectations that we effectively seized...
From the current point of view, gold is just rebounding. The negative line of gold hit the top yesterday, that is, the opening price was around 2382 yesterday. The rebound of gold in the afternoon did not break through the resistance overnight, which shows that the resistance of gold in this place is still effective. Since gold encounters resistance in the short...
Yesterday I turned into busy with non-public subjects and couldn`t percentage the transaction with the complete family. Tonight I will set up to take a seat down on Zoom to manual and chat with the complete family. >Currently, Gold Overall, I see it's far sideways withinside the fee variety from 231x>2330. Currently, in line with the H4 Trend, I suppose Gold will...
After the intraday shock and correction, the short-term position is currently intertwined with the moving average near 2375. The short-term trend begins to show a bottoming trend and begins to exert upward force. Trading strategy; go long in the 2370-2373 area, target 2390.
The XAU/USD pair (spot gold) on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further price increases in the coming hours. Key Points: Buy Entry: Consider entering a long position...
This wave of gold is the creator of history. Both the amplitude of the increase and the rhythm of consecutive new highs are unprecedented in the history of gold. At the time of writing this blog, gold has soared to around 2353. There is no top for the large unilateral rise in the market. It can be said that a small technical retracement is as high as 30 points....
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 fell by 2225 yesterday. Gold fell quickly and was harvested instantly. Is it cool? We directly charge more at the current price of 2374 Gold was blocked in the 15-minute short-term adjustment and fell back, and gold began to fluctuate in the short-term. Pay attention to the support near 2365 before adjusting to go long. If the upper rebound of 2390 still...
Last Friday, gold saw a sharp rise and fall in the early trading, and then the US market entered a sweep, sweeping around 2372-2402. It tested the resistance of 2402 again in the late trading and then fell back under pressure to hover around the 2390 mark. The price started to fall under pressure after confirming the resistance in the 2388-2389 area in early...
Gold was directly short around 2360 in early trading, and the VIP signal also directly publicly stated that the current price of 2358 was directly short. Gold fell sharply as expected, and we will harvest a wave first. As we said during the gold weekend, gold has peaked in the short term, and the rebound in European and American markets continues to be...
We had busy day on gold 4 position opened with 2 tp and 2 sl Totally we made almost 140 pips profit on just one golden area 😍 Keep your money management on And enjoy your profit❤️
Yesterday, gold staged a bullish and short-selling trend. First, it fell from around 2360 to around 2325 due to the good performance of US economic data. However, as the market responded to Israel's remarks on the topic of counterattack, gold began to rise, leading bulls to launch a counterattack. The price rose and tested to a position near 2392. Such a trend can...
Gold won three consecutive times yesterday, 2353 was bullish and harvested. After the US CPI data, 2351 continued to be short. Gold fell again and harvested. Gold's long and short wins were two consecutive. It followed yesterday's three consecutive victories. Gold won five consecutive victories. Gold can't go up. , the short-term has peaked, and the rebound...
Gold has a 30-minute head and shoulders structure. Although the rebound is slightly stronger, it still has not changed the pattern that needs to be adjusted. The current price of 2383 continues to be short! Gold is still just rebounding now. Yesterday's negative line was at the top, that is, yesterday's opening price was around 2382. The rebound did not break...
Gold technical analysis: Yesterday's gold market trend was highly consistent with our expectations. We emphasized the change in the rhythm of long and short, and believed that there is a possibility of rising after the decline. In fact, after the second rise, the price of gold failed to break through the high of 2331 for the time being, and finally closed around...
During the day, gold fell back from above 2330, and the current lowest has touched around 2312. The current short-term trend has started to stop falling after multiple long upper shadow lines appeared during the continuous downward trend. During the decline, the energy of the bulls still showed strong resilience, and the short-term trend began to fluctuate and...
The gold K-line once reached around 2290, and then directly rose to above 2330. This was an obvious bottom rebound, and the bottom was more solid. At the same time, the Middle East was once again unstable, and conflicts between Iran and Israel occurred from time to time. The golden four-hour line is also supported at the bottom. The K-line starts from directly...
Market Analysis PT1/2 (24th April 2024) XAUUSD Analysis On the 1 hour timeframe, Price action has rejected off a daily orderblock couple with a weekly bullish Fair value gap, creating a bullish Change of Character to the upside. This means that there could be potential intentions of price creating a potential bullish market structure shift on gold,...