"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...
Hello, fellow traders! I'm taking a long position on XAUUSD, and here's my analysis based on Elliott Wave principles. As we can see on the chart, the price action has recently completed what appears to be a corrective pattern, potentially ending the fourth wave of a larger impulse sequence. After a substantial decline, I've spotted signs of exhaustion as the price...
The positive hidden divergence in the global gold price indicates the strong growth of this metal
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,...
Following the U-shape reversal on the 15 minute timeframe we had pullback to the 38.2% Fib level followed by a bounce to the upside. This indicates further upside is likely and I would suspect another leg up as the same size as the U-Shape reversal impulse. That's it - That's all Trade Safe.
Gold has rebounded to around 2332 in the short-term. Many people are definitely afraid that gold will continue to rise to a higher level again. Maybe many people are even chasing gold above 2330. In fact, as emphasized in the first two articles, gold has now fallen below the upward trend, and the short trend is now very strong. The short position is far from over,...
Hello Traders As we see in the chart We have strong demande zone to buy XAUUSD again with massive benefic Don't forget always waiting confirmations after enter at position Nd Always followe the trend Like Nd Followe for more free idea Thanks
My article is not to please others, but to give friends who can empathize with me a sense of belonging, and to provide some help that I can do as a professional. The road to investment is long, so you must learn to be calm. For those who don’t know the trend, I will announce the gold trend strategy and entry point in real time every day! When you come to me, you...
Gold started to fall from the 2401 position on Friday, and the lowest has fallen back to around the 2296 position, with a drop of $105. With such a large correction, I believe the bulls are ready to make a move, so can I go long on gold now? Although gold has fallen sharply, it still remains above 2300, so gold has not yet fallen below the upward trend line....
GOLD printed a Higher High, and showed strong Bullish Divergence. It also printed a Bullish Flag Pattern. Entry on the breakout of resistence level is recommended.
1. The fact that the Iranian government downplayed the attack on Israel and said it would not retaliate has cost the market some risk premium. 2. Spokesperson of the Iranian Ministry of Foreign Affairs: Israel has received the necessary response at the current stage. The Israeli attack was trivial and militarily worthless. 3. The Israel Defense Forces issued a...
Welcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
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....
yeas xauusd is looking bulish here daily structure is already bulish anw market going to complete abcd pattren soon . on the confirmation on small time frame and we are ready for bulish move soon ,, good luck
Hi, guys. Today, I'm going to show you a long-term perspective on gold Gold's recent retest of its long-term upward trendline (blue) presents a compelling opportunity for a bullish breakout and a potential surge towards $7,998 by 2040.
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...
In these troubled times, the market has always been so smooth these two days. There is always a wave of gold prices rising before the start of each session. The Bank of Japan intervenes in foreign exchange and gold once again rises as a risk aversion, but the intensity is not as strong as the last time. The current price of 2187 is directly short and continues to...
Gold has stepped back and corrected, and the price has fallen below the short-term moving average. The current high point is fixed at the 2300 line, and the decline will continue. Pay attention to the 2240 first-line long position, stop loss 2226, and target above 2260. The main trend is still long. For adjustments after the small cycle rise, just follow the main...