If you are my follower, I believe you must have followed my trading strategy of shorting gold in the 2345-2350 area. The gold market did not disappoint us. After hitting a high of 2352, gold's rise stalled and continued to fall. The lowest fell back to around 2329. So our gold short position went on to make very substantial profits and once again maintained a...
Today is Thursday April 25 6:30pm EST. Here is the daily prediction for tomorrow's price action in the gold market. Caution: Yesterdays prediction could not have been better. Members have made quite a lot and its easy to become over confident. Tomorrow is Friday and we've been trading in somewhat of a tight range. I expect a big fake move to the upside to catch...
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.
In the past two days, gold rebounded above 2330 and fell back. Now it has been converted into a support level. If the fall does not fall below 2330, then gold can rely on 2330 to support the bullish trend. If the data is negative and directly falls below 2330, then the rebound will continue to be bearish. "Emotional trading is fatal. A good trader must keep an eye...
Gold continues to be short this week, all new highs are profitable, the profit reaches 200K, congratulations friends All my current transactions maintain 100% accuracy. If your account is still losing money, you can follow my signal trading and I will help your account make profits quickly!
Gold closed up $16.49, or 0.71%, on Thursday to close at $2,332.30. On April 26, spot gold accelerated its short-term rise, with the price just breaking through $2,345. Gold short-term technical outlook analysis U.S. first-quarter GDP data was lower than expected, causing concern. Gold maintained modest gains. Generally speaking, gold tends to benefit in a...
U.S. first-quarter GDP growth released on Thursday fell short of market expectations, dragging the U.S. dollar index to a nearly two-week low and helping gold prices hold on to key support. During the day, we will focus on data such as the annual rate of the core PCE price index in March in the United States, the monthly rate of personal expenditures in the United...
The precious metal's near-term appeal remains weak as tensions in the Middle East ease and safe-haven demand weakens. Additionally, investors are cautious on gold ahead of the release of U.S. first-quarter gross domestic product (GDP) and March core personal consumption expenditures price index (PCE) data on Thursday and Friday respectively. Gold prices fell in...
Spot gold maintains a sharp decline during the day, with the price of gold currently located near US$2,300 per ounce. It plummeted $64.95, or 2.72%, on Monday to close at $2,327.18 per ounce, the largest single-day drop in more than a year. On Tuesday, it fell further, with gold prices reaching as low as $2,295.44 per ounce. The decline is already a trend, pay...
Gold price trend to continue Down during session It is expected that price will continue down trend And approach the price range of 2350 Gold price now 2347 TP1: 2335 TP2: 2420 TP3: 2385 Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the market Give us like and support us
The price of gold rose to a maximum of $2,352 today. It was hindered by resistance from above and could not continue to rise. Subsequently, it was affected by the annual rate of the core PCE price index in March and now maintains a downward trend. The market situation is changing rapidly, so it is particularly important to accurately judge the impact of the...
In the latest global events, Gold has soared to new heights, hitting a five-day peak above $2,400 fueled by escalating tensions between Israel and Iran. Investors sought refuge in the non-interest-yielding asset as uncertainty loomed, driving prices to a weekly high of $2,417 per ounce. However, the rally proved fleeting as Iran quashed fears of immediate...
Gold may choose to take profits near the $2,400 mark, so caution is needed before further appreciation.
Judging from yesterday's trend: 2375-2380 is currently the short-term support point, followed by around 2370 and 2361. The price opened in the morning and fell back to the 2373.6 line. Due to the escalation of geopolitical conflicts, the price quickly rose to around 2418 and fell back and directly recovered the morning's rise. Therefore, the current intraday high...
Now that gold has exceeded $2,330, the release of data on the number of initial jobless claims in the United States for the week ending April 20 will have an impact on gold. After the data was released, the price of gold fluctuated rapidly. On Thursday, the United States will release preliminary data on first-quarter gross domestic product (GDP), which is...
The geopolitical situation remains tense, and Israel's attack on Rafah is on its countdown. Israeli warplanes violently attacked the northern Gaza Strip for a second consecutive day on Wednesday, breaking weeks of relative calm. Israel said it was moving forward with plans to launch a full-scale attack on Rafah in the south. This will again be important...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has now printed a bullish iBOS aligned with swing structure. Following the bullish iBOS we expect price to pullback. Intraday expectation would be for price pullback to either 50% EQ before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal:...
XAUUSD Gold Technical Analysis anad Trade Idea. In the video we cover the trend, market structure, price action and a potential trade idea. Not to be construed as financial advice.