World gold costs generally tend to lower with spot gold down 2.four USD in comparison to remaining week`s final stage to 2,388.eight USD/ounce. The international gold marketplace remaining week fluctuated in line with a acquainted pattern. Gold costs constantly touched new highs way to being boosted with the aid of using refuge call for because of fears of...
Greetings Traders, In this analysis, we'll delve into the potential for a significant reversal in the price of gold, focusing on the 4-hour timeframe. Let's break down the factors contributing to this anticipation: Technical Analysis: Bollinger Bands: Using the Bollinger Bands indicator, we observe price action within the upper and lower bands. A narrowing of...
--NEWS-- During ultimate week`s buying and selling consultation, global gold at one factor extended to 2,402 USD/ounce because of issues approximately struggle withinside the Middle East. However, a few buyers took benefit of promoting to take profits, forcing the gold charge to shut at 2,392 USD/ounce. World gold expenses were pretty calm considering the fact...
Taking a look at the 4hr timeframe, price action is now testing the ascending trendline. My suggestion here is to close the shorts and wait breakout confirmation with a candle closing below this rising support. That's it - That's all Trade Safe
XAUUSD Setup | H1 Time Frame - This Setup indicates as Educational Purposes - Supports level at 2374.00 - 2360.00 - 2333.8 - 2319.152 - Resistance level at 2397.00 - 2413.00 - Circles Indicate the consolidation area - Grey Area Shown as Gold will be in that zone Gold Retest the 2397.00 Area in this case if gold break that point we will further see on...
You can see this is H1. No candle which can make a solid breakout below. So the direction if the price still cannot break it will push the price to going up again 🚀
At present, the K-line has stabilized at 2380, and the big positive line at the bottom has stopped the decline, directly consolidating the bottom signal, especially the K-line starting from below the moving average, directly breaking the suppression of the moving average, obviously unable to hold down the bulls Trading strategy: long gold near 2380, stop loss...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure and Retracement RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame Demand Zone
For gold, we continue to look at the 2145 line. Gold rebounded directly to around 2177, but this is not a reversal. We continue to be bearish. The golden hourly line was also suppressed by the moving average. The European market rebounded quickly, but it was still below the moving average and was suppressed. The macd energy column was also below the zero axis,...
Gold has been going up and down like this in the past two days. The probability of gold directly breaking through and rising sharply is not very high, and the high position continues to be short. Gold did not hit a new high in 4 hours. Gold still had a head-and-shoulders top structure in 4 hours. Gold rose to around 2197 yesterday as a risk aversion, which was...
As geopolitical tensions continued to escalate, gold prices hit a record high of $2,417, but gold prices failed to maintain their bullish trend and reversed back to around $2,380. Reports of Iranian military action, coupled with recent retaliatory attacks by Israel, have bolstered gold's status as a safe-haven asset, sending prices higher as investors seek...
H4 Analysis: Bias/Analysis remains unchanged since yesterday's analysis dated 18 April 2024. -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price reacted at H4 supply and subsequently reacted at H4 demand. Price is...
Gold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar. The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the...
Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit. Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...
In this video, we delve into an analysis for XAUUSD Gold. Our analysis indicates a potential trading opportunity. We conduct a thorough examination of current price trends, meticulously evaluate market structure, and take into account market dynamics. When favorable conditions arise, we pinpoint a potential entry point. However, it is crucial to emphasize the...
Update to ytd's published idea. H1 target using Tuesday's high has been achieved. Taking lesser trades with better ROI works better and is less stressful in my opinion.
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, today gold first rebounded to 2392 and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To...
In my post from yesterday, I mentioned my expectation for a new drop of 500 pips in $OANDA:XAUUSD. However, despite the price dropping by around 400 pips during intraday trading, my sell order placed just above the 2400 zone was not filled, resulting in me missing out on this drop (my target was hit but not my pending sell) Upon reviewing the chart, it's evident...