In addition to the Federal Reserve downplaying interest rate hike expectations and improving economic data, the recent rise in the U.S. dollar has also been fueled by the weak declines in the non-U.S. euro and the pound. Raising and lowering interest rates have become the trigger for global currency depreciation. The Federal Reserve still hints at a dilemma. If...
During the European trading session on Tuesday (April 23), gold continued its downward trend from the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling to an intraday low of $2,295.49 per ounce. As concerns about conflicts in the Middle East have eased, boosting investor risk appetite and reducing safe-haven demand for...
On Monday (March 19), spot gold bottomed out and rebounded, with the price rising at $2,150. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,150. According to the current gold trend, gold prices will continue to fluctuate within a narrow range. It is particularly important to grasp the rhythm at this time. Always...
Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below. The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will...
Last Friday, it was prompted to short gold at 2149, which is getting closer and closer to the target level of 2145. The position is making a huge profit. If there is a rebound, you can continue to short, but you cannot go short directly. For those who have made huge profits, they can wait until the 2145 target level is reached and then exit the market with...
Today, gold was affected by the sharp short-term decline of USD/JPY and the US dollar index DXY, resulting in a short-term rise of 8 US dollars. At present, it has pulled back to around 1822. However, USD/JPY and the US dollar index DXY did not pull back. Therefore, there is a strong premonition of gold recovery. Short-term recommendation Buy1822 TP1830
Hello everyone, I don't like too much nonsense. At present, gold has risen slightly, and now you can look for opportunities to short gold at a high level. Currently around 1928-1929 is a good choice. The profit stop position is 1923-1925. Defensive bit 1932.
OANDA:XAUUSD Hey hello traders am looking SHORT GOLD @ that zone following the trend and keep selling a long the trend.
XAU/USD (GOLD) Correct downtrend. Having reached an all-time high at the beginning of May, gold failed to consolidate at this level and we saw a strong downtrend formation all month long. The trend is so beautiful that it can be published for beginners in technical analysis books Apart from the trend, we can see how accurately the price pushes back from the...
Gold Selling Zone 1973. 1980. 1992. 2017. 2037. 2055. Technical Overview From a technical perspective, some follow-through selling below the $1,950 region will be seen as a fresh trigger for bearish traders and expose the 100-day Simple Moving Average (SMA), currently pegged near the $1,931 zone. Failure to defend the said support will make the Gold price...
Peace be upon you, gold has reached strong support. There is a possibility of a rebound from this area. 1840 levels can be seen.
Trading can be really fun when there is clarity and confidence. So here is my "Potential" trade idea on Gold (XUAUSD.) We have been on a Bull run for a long time, we have also been playing around (Accumulation Phase) for some time and we have created what I love to call Flip Zone, i.e, Resistance turn Support, same Support got broken and now turns Resistance....
XAUUSD (GOLD) hows now broken a key-level 18.25 and touches 18.30, looking recent patterns we can see when gold breaks highs it tends to consolidate, so now seems the time be patience and allow XAUUSD(GOLD) to go east for 1-3 days. We could see gold retest 18-18.15 if it doesn't want to become bearish and remain bullish we could see it test 18.5 .
Gold showing weak buy presence around 1820.62 - 1824.65 could lead to possible bear rally, on the monthly chart frame it shows that in January on previous years its starts the year with a bear rally. Furthermore gold has had a strong bull rally for a while with no significant pullback could we see this at the start of 2023?
Short on Break and Retest of this level. Stop loss above pervious high and take profit at the support below just above 38>2% retracement with good 1: 3 risk reward. Risky trade as it is against the trend
good rrr prefect for short . have fun . u can sell down there ... on 1:2 or 1:3 . my desition is final . make comment below if u like it or any suggestion maybe ?
Leaving every thing same GOLD still looks forward down to 1680 as it formed reverse cup and handle pattern. As i'm new to TV and novice in chart pattern and analysis as i do mostly Price action only. I would really appreiciate all the comments and feedbacks : Not a financial advice to anyone to use it as a trade advice/.
The gold index has strong support in 4-hour time frame. If buyers have a lot of power, they can enter into a deal by confirming the candle. If the sellers succeed, log in again with the confirmation of the candle. Risk has a very good reward GOOD LUCK