Gold's 4-hour moving average continues to cross downwards and the short position is arranged. Gold's recent rebound has all surged higher and then fell back. The bulls have not yet made any efforts to counterattack, and gold continues to be controlled by the bears. Gold has risen rapidly and then fallen back quickly, indicating that the bulls are not very...
TP: 2214.979 SL: 2400.746 In this trading strategy, we present a compelling opportunity for a short position on the XAUUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
INVALIDATION: BEYOND 150% (2353-2354). Kindly remember, Elliott Wave is highly subjective, i will post if there's a new update on my perspective. Trade safe, Everyone! Cheers.
After MSS, swing low taken, formed an FVG, it goes in and respect or disrespect, im looking for respect cuz swing low taken and MSS is valid, it is my perspektive. What I have learned.
Last week, Gold attempted to extend its decline as the USD gained strength following the release of the United States annual core Personal Consumption Expenditure Price Index (PCE) data for March. This data exceeded expectations, with the annual underlying inflation rate accelerating to 2.7% from the projected 2.6%, albeit slower than the 2.8% recorded in...
Gold breaks the rectangular box in downward direction so now its probably go more bearish
World gold costs are generally calculated in USD; Therefore, whilst the USD charge is going up, the gold charge generally is going down. However, recently, this not exists as a rule. Many instances whilst the USD charge is going up, the DXY index is going up however the gold charge nonetheless is going up. This approach that, similarly to the effect among the USD...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
The Federal Reserve's interest rate decision on gold has kept interest rates unchanged, and the Fed is still doubtful about the next interest rate cut. It is still a bit difficult for gold to reverse directly into a deep V, and it is not enough for gold to reverse directly. Gold's 4-hour moving average is still a dead cross downwards, and the 4-hour double top is...
Recently, gold has been looking different every day. Yesterday, gold maintained an upward trend, but today it hit around 2328 and then fell back. The current lowest level has hit around 2295. The lack of continuation of gold's long and short positions has brought us a certain degree of difficulty in trading. Gold is currently trading near the 2298 position. ...
Gold has rebounded every time it fell recently, and the market has not reversed. Gold can be bought directly at 2335 in the US session. The previous article also directly and publicly suggested that longs enter the market. Today, the Asian session opens, and we need to improve our thinking. It is expected that the upper breakthrough position will be around 2353,...
Today, gold provides a layout idea of shorting first. Short gold near 2289, reduce positions and take profits near 2283. After breaking 2290, go long gold at 2291 and take profits at 2300. At present, gold has rebounded and corrected. After waiting for the news to be released, short gold at high levels will be the main focus!
After a long period of high adjustment, the price of gold fell below the 2300 mark yesterday, and also fell below the key low support level of 2291. The new downward wave of gold has come out, and the shorts have entered a new range! In other words, the recent operation ideas will undergo a major change, and rebound shorts will be the only feasible strategy! The...
🏃♂️ Gold is moving near the 🟢 Support zone($2,327-$2,302) 🟢, 100_SMA(4-hour TF) , Yearly Resistance(2) . 🌊According to the theory of Elliott waves , Gold seems to have succeeded in completing wave 4 with Double Three Correction(WXY) . 📈In terms of Classical Technical Analysis , the 🏳️ Bearish Flag Pattern 🏳️ is well visible. 🔔I expect Gold to fall...
In the 1-hour timeframe, gold appears to be exhibiting a bearish trend, as indicated by a descending channel pattern and the development of an Elliott Wave ABC pattern. The descending channel suggests consistent downward pressure, while the ABC pattern typically signifies a corrective phase within a larger downtrend. Traders may consider short-term selling...
Gold expenses recovered withinside the buying and selling consultation on Wednesday (May 1) after the United States Federal Reserve (Fed) saved hobby costs unchanged, with bottom-fishing sports acting because the USD and bond yields fell. Closing the consultation, spot gold charge improved 0.9% to 2,306.eight USD/ounce after falling to its lowest for the reason...
The US greenback skilled a small decline today, with buying and selling volumes falling because of a vacation in Japan. The yen, euro and pound continue to be close to their lowest tiers from ultimate week`s chaotic session. The Japanese yen confirmed mild profits in opposition to the greenback, buying and selling at 158.05, up almost 0.2%. This modest circulate...