Gold prices (XAU/USD) traded with a mildly negative bias entering the European session on Wednesday and retreated further from the vicinity of the all-time high retested today. before. Traders decided to trim their bullish bets following the recent strong rally witnessed over the past week or so and ahead of the Federal Reserve Chairman`s (Fed) congressional...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves. Bearish Channel as an Corrective Pattern in Short Time Frame. It has completed the Break of Structure and Retracement. 2036 - 2042 is Acting as a Strong Resistance in Short Time Frame , Possible Entry After Rejection or Breakout
This is 3M TF and if you look at 1W+ with RSI you will spot Divergence in every TF. Remember Powell will talk about Interest Rate Decision in about an hour, most likely they don't change and leave the rate as it is. And another thing is if Yield don't back off we most likely to see 1800.
Dear Friends, Swing Selling Setup was a successful setup we have ever had with 1170+ PIPS collected: moving on to our next possible price movement; we are now expecting price to be bullish to fill up the lq voided area. Like Our Work? Then do like and comment!!
Layers 1812-1809 Sl @ 1804 1st tp @ 1815 2nd tp @ 1821 3rd tp @ 1828 4th tp @ 1832 1st entry closed with partial profits before the news, waiting on a touch on the trendline before getting an entry✅️
So in the past weeks price has designed a beautiful perfect buy setup in gold, we can see gold fall more for this year but then later on a massive buy from the extreme demand zone.
As astute traders, we must always look for strategic entry and exit points. In this regard, I would like to draw your attention to the resistance levels set at Fibonacci retracement levels of 38.2%, 50%, and 61.8%. These levels have historically demonstrated their significance in the gold market, often acting as crucial turning points for price movements. Now,...
Last week Powell reiterated the need for a rate hike this year, and gold again fell sharply below 1900. The ECB's concern about core inflation comes as it sticks to the pace of rate hikes and U.S. inflation indicators miss expectations. Gold once again ushered in a $30 rebound adjustment, this week ushered in non-agricultural! Below 1920, back down again to test...
I would like to see the price target the liquidity side stacked above Also, I fear that the price will hit 1918 before going up
Tomorrow's gold trend analysis: Last week, the market was covered with a thick bearish atmosphere, the daily line fell continuously, from Friday's trend, fell to 1910 after the rebound, repeatedly tested 1919 and eventually succeeded in rising, proving that 1919 has become a strong support, the next support level is 1910 after breaking down, which is a very...
Position Trade - XAUUSD The Monthly Chart shows that there are SHORT opportunities as it is the only 2nd test of the HTF zone For a cleaner look of the MN Chart, In the Weekly chart, - There is little probability that the price will correct itself before coming down from the WK zone as the trade is already playing out. In the Daily chart, - Due to...
we will see a rejection of the Fibonacci golden zone after the price enters the sypply zone for a return to the demand zone
Through the analysis of the golden hour chart, it is learned that the previous trading day fell first and then rose, and once reached the position where the 1985 line above the first line began to fall in the early stage to regain lost ground in one fell swoop. From the MACD below, we can also clearly see that the main bulls in the bottom area have gathered a...
According to our analysis, yesterday we were bullish above the 1950-1960 area, this view is very good and allows us to get very good gains . Signal accuracy 95% share this point of view with my friends and hope you can earn more money and achieve your dreams. Friends in need can keep up.
Het Traders, A break above the Resistance more bullish momentum, otherwise a break below the lower band intra-day channel could mean a heavy selloff! What do you think about this setup on XAUUSD ? Watchout!
#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly...
XAUUSD 4H, in these pair, there re 2 scenarios. but, mostly the trend still strongly bullish. So, there re no reasons to sell for now. in this chart image, red zone & blue is snd. Suggestion : - hold buy until price reach 2045.00. * I'll update periodicly, If there were sell confirmation.
Dear traders gold respected last setup and we should be careful for tomorrow we have cpi and fed so don’t risk to much i expect gold if he breaks above 2006 you should look for buy wait for price action and if he reject zone 2015 and price close below you should look for sell. Trade safe and see you soon Good luck