So far, the price movement closely follows this roadmap. The consolidation depicted in the chart is not intended to precisely predict price movements but is illustrated as a prediction of potential base areas that may form. Thus, the range of 2191-2106 can be considered a crucial zone before a reversal or continuation of the trend occur
In the realm of financial assets, few hold the mystique and enduring appeal of gold. As a financial analyst, delving into the nuances of this precious metal unveils a captivating narrative of market dynamics, economic trends, and investor sentiment. Gold, often hailed as a symbol of wealth and stability, transcends borders and generations, retaining its allure...
Gold prices did not slide down as expected after the mentioned bearish signals, including the bearish pin bar pattern on daily and the head and shoulders pattern forming on H4. The buyers are pushing the price towards the 2200 resistance zone, threatening to break this resistance. We have many bearish signals but they are not significant as they cannot break the...
Currently, I'm not favoring gold due to its lack of healthy price action characterized by abrupt bullish momentum without significant pullbacks. This has resulted in the creation of numerous Asian lows and imbalances below that need to be filled. Consequently, I'll wait for price to retreat and potentially reach a demand zone to sustain its strongly bullish...
✍️ NOVA hello everyone, Let's comment on gold price next week from 1/4 - 5/4/2024 🔥 World situation: The price of gold hits all-time highs near $2,230 per ounce, aiming for a fifth consecutive session of gains on Friday. Trading volumes are low due to Good Friday observance. The allure of gold is attracting buyers as market sentiment suggests that major...
Welcome to the Friends Trading Floor, Here, I'll share my key support levels with XAUUSD for the upcoming trading days. and this prediction starts on the coming new trading day (04.04.2024). Below are the key support levels based on the 1-hour time frame. and HTF candlesticks should respond to these levels. If the price disrespects those levels, we will try to...
Looking at the daily chart, after gold bottomed out at 2163, the price continued to rise. It broke through and rose sharply on Friday, with an increase of 50 US dollars on the day. The daily chart also closed with a real giant sun. This form also laid the foundation for the bull market in the first half of the year. , the market outlook continues to be optimistic...
Gold was sold near 2193. tp2181. sl2202 TVC:GOLD MCX:GOLD1! OANDA:XAUUSD
Gold prices hide huge buying opportunities. 2190-2194buy 2183-2187SL tp2207-2212
Sell near 2118. SL2125. TP2106 Waiting for the market to drop TVC:GOLD CAPITALCOM:GOLD MCX:GOLD1! VELOCITY:GOLD NCDEX:GOLD ACTIVTRADES:GOLD OANDA:XAUUSD TVC:GOLD
In fact, before the OANDA:XAUUSD market started to rise today, I already reminded to buy mainly. And also issued real-time trading instructions. Maybe many people didn't think so at the time. But do you feel in hindsight that you should have taken the advice sooner? At least it won't cause huge losses. TVC:GOLD ACTIVTRADES:GOLD NCDEX:GOLD So to my...
Gold has continued to fluctuate at a high level for many hours, in the range of 2125-2131. If you pay attention from the daily K level, the market is still developing according to my expectations yesterday. After the news caused gold to rise and then fall, friends who followed the club's signals and traded also made good profits. It seems that there is a...
In the realm of Elliott Wave theory, the concept of Wave 5 often holds significant importance, particularly in the context of gold analysis. Let's explore this crucial aspect and its implications for gold prices. As many traders and analysts know, within the Elliott Wave framework, there's typically at least one expanding wave in the three-wave sequence....
Amidst ongoing economic uncertainty, gold prices have surged, reflecting investor demand for safe-haven assets. Geopolitical tensions and inflation concerns have further bolstered gold's appeal, driving its price to new heights. With central banks maintaining accommodative monetary policies, gold continues to attract investors seeking to hedge against currency...
Title: "Weekly Gold Price Analysis: Understanding Trends and Factors Impacting Market Movement" Introduction: In the ever-fluctuating landscape of financial markets, gold has long been a symbol of stability and wealth preservation. As investors navigate through various economic uncertainties, understanding the weekly trends and factors influencing the price of...
In the current market landscape, gold stands as a dynamic asset, subject to various forces shaping its trajectory. Recent trends hint at a potential shift in sentiment, prompting a closer examination of the factors at play. Amidst prevailing economic conditions, gold's value often serves as a barometer of investor sentiment and global uncertainties. While recent...
In the realm of finance, few assets hold the same timeless allure as gold. As a seasoned financial analyst, exploring the intricacies of gold unveils a narrative rich in history, resilience, and enduring value. Gold's Timeless Allure: Gold's allure transcends generations and economic climates, embodying a universal symbol of wealth and stability. Its intrinsic...
Gold, the radiant metal that has fascinated humanity for millennia, holds within its gleaming surface a story that transcends time. From the depths of ancient civilizations to the complexities of modern economies, the allure of gold persists, captivating hearts and minds alike. At its core, gold embodies a unique blend of qualities that elevate it beyond mere...