Gold price is currently showing a technical move down in the short term, likely following an Elliott Wave pattern ABC in the 4-hour timeframe. Once the C point completes within the buying zone level, we can expect a potential upward movement in the gold price for the long term. This pattern suggests a temporary correction before a potential bullish continuation in...
Gold technical prospects are analyzed.Spot gold suddenly fell to $2,305 in the short term and then rebounded to around $2,320. The near-term outlook for gold has turned neutral, with bulls seemingly unwilling to give up. On Thursday, the U.S. will publish preliminary first-quarter gross domestic product (GDP) data, which is expected to show annualized growth of...
XAU-USD is going up now But will soon hit a horizontal Resistance level of 2366 from where We will be expecting A further move down !
SAXO:XAUUSD FOREXCOM:XAUUSD EIGHTCAP:XAUUSD After a somewhat bullish run on OANDA:XAUUSD , we are starting to see a deep retracement into unmitigated sponsored demand zone around the 2296.399 to 2279.660. Price upon reaching this zone has been unable to proceed lower indicating absorption and exhaustion of selling pressure also accompanied by a break of...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish iBOS which confirms the initiation of pullback needed by all HTF's. Following the bearish iBOS we now expect price to pullback. As per yesterday's intraday expectation, we were seeing a reaction to a H4 flip zone. Price continued to trade to the upside wicking out of the...
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.
friends The recent overall trend of gold in the market has shown a decline, but trading is also full of challenges. Opportunities and challenges coexist. Are you ready to meet your challenges? In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading...
Yesterday I turned into busy with non-public subjects and couldn`t percentage the transaction with the complete family. Tonight I will set up to take a seat down on Zoom to manual and chat with the complete family. >Currently, Gold Overall, I see it's far sideways withinside the fee variety from 231x>2330. Currently, in line with the H4 Trend, I suppose Gold will...
After gold reached 2,400 US dollars, I have been prompting to short gold. I started the layout last week and made huge profits this week. I made a profit of 100Kusd in one week. In the next trading, I will continue to provide accurate signals and the latest trading strategies, don't miss it!
Friends, gold has plummeted recently, and opportunities and challenges coexist. Are you ready to welcome your victory? Spot gold suddenly plunged nearly 40 US dollars in the short term, and the gold price just hit a low of 2295.44 US dollars. What happened yesterday was that this important factor that was good for gold prices disappeared. Tehran has played down...
Gold prices suffered their biggest one-day drop in nearly two years on Monday. what can I say? This is crazy. Instead of first covering the gap and then falling as we expected, it fell directly, causing long losses. The recovery margin of the rebound is very small. It can be said that it rises quickly and falls quickly! But that’s okay, we can easily make it...
Dear Traders, Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum...
The gold K-line once reached around 2290, and then directly rose to above 2330. This was an obvious bottom rebound, and the bottom was more solid. At the same time, the Middle East was once again unstable, and conflicts between Iran and Israel occurred from time to time. The golden four-hour line is also supported at the bottom. The K-line starts from directly...
The gold price is currently showing a volatile downward trend. With the dead cross of the moving average, the momentum of the bulls has significantly weakened, and the decline will continue. In the early trading, the 2343 line was shorted. The gold price also fell as we expected. The short-term profit was 8 US dollars. At present, gold is not If it does not fall...
Here is the daily projection for gold. Expect price to continue rising towards our long term upside target. More updates coming!
Stimulated by the upgrade of geopolitical risk aversion, gold rose again and broke through new highs. Gold hit a record high again, breaking the shocks of the past few days. The risk aversion broke through the 2365 line, the high point of the last shock. Today, it stepped back on the 2365 support and went for the dip. many. Gold turned directly upward in the...
Gold technical analysis: Yesterday's gold market trend was highly consistent with our expectations. We emphasized the change in the rhythm of long and short, and believed that there is a possibility of rising after the decline. In fact, after the second rise, the price of gold failed to break through the high of 2331 for the time being, and finally closed around...
Because gold failed to touch the 2300 position area again overnight, I adjusted the TP of all short positions yesterday to 2316. Today, in the early morning, all short positions touched the TP: 2316. Although the profit was much less than expected,but the transaction will be safer after adjusting TP. After that, I caught the rebound profit in the area near the...