In the first US session on Wednesday, the price of gold (XAU/USD) surged to a new peak of $2,197, rebounding from a downturn in the previous session and following a dip on Monday to as low as $2,163. This fluctuation indicates an upcoming bullish trend for gold, with forecasts suggesting a continuation towards $2,223. Technical indicators also affirm this uptrend,...
hello everyone... as you can see, gold did a fake divergence and it is a weak one! I believe the main trend is bullish so you can get a long position until the target that it is 2273! target1=2202 target2=2248 target3=2273 ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I...
Gold has also been tossing in the past two days. It always does something bad during the session to avoid risks and push up, and then the market will be exactly the same, rising and falling. History always repeats itself like this, but every time gold rebounds, it never reaches a new high. , the highest today is only around 2197. It shows that the bulls are...
Going based of my strategy. Everything is aligned and I’m 90% positive Gold will Drop.
📊 Due to the decrease in price movement momentum, if the price is maintained above the range of 80.0 units, the price may increase to the range of 81.30 units🎯, and in case of strength, the range of 82.80 units🎯🎯. 📊 Otherwise, the price may fall to the range of 78.80 units.
Gold prices did not slide down as expected after the mentioned bearish signals, including the bearish pin bar pattern on daily and the head and shoulders pattern forming on H4. The buyers are pushing the price towards the 2200 resistance zone, threatening to break this resistance. We have many bearish signals but they are not significant as they cannot break the...
Yesterday I gave everyone a trading signal 2170 Buy gold because of the effects of war escalation It will cause the price of gold to rise! Although we did not make a profit at the highest price of 2200, we made a full profit at the price of 2197! That made us a $27 profit! Then we sell around 2186 and when the price of gold goes down to around 2176 we make another...
As news of the escalation of the Houthi armed war spread, gold rose rapidly, and the market was changing rapidly. Plan your trades, trade your plans, the market is not simply about chasing long when it rises, chasing short when it falls, nor buying when it falls. , if it rises, it will be empty. In today's short-term operation of gold, it is recommended to...
Crude Oil Technical Analysis Daily resistance is 82-83, support below is 80.45 Four-hour resistance is 82.5, support below is 80.5 ✅Crude oil operation suggestions: Crude oil prices edged higher as a weaker dollar and renewed geopolitical tensions in the Middle East and Eastern Europe heightened concerns about supply disruptions. Recent Ukrainian attacks on...
Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to...
OANDA: XAUUSD. The trend appears to be bullish, but there is a minor resistance system in its way. It's recommended to wait for the price to react to the trend line. If the price reacts as expected, the next significant resistance would be an excellent opportunity to take a short scalp position. remember the trend is leading to higher peaks.
Investors are watching for US financial records to be launched later this week to greater definitely decide whilst americaA Federal Reserve (Fed) will start its hobby fee discount cycle. Recently, indicators have end up an increasing number of clearer approximately the opportunity that the Fed will lessen hobby quotes at its assembly in June. According to...
Analyzing intraday transactions in the XAU/USD (Gold/US Dollar) pair from yesterday reveals intriguing patterns: a notable support level at $2178 and a resistance barrier at $2195. With such clear delineations, traders can anticipate potential movements within this range. However, the analysis delves deeper into pattern recognition, suggesting a likely descent...
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
As discussed throughout my yesterday's session commentary: "My position: Even though Gold is Buying back every dip (Technically Gold should decline strongly) and DX on relief rally (coupled with Inflation skyrocketing), environment is far from Gold friendly however Gold ignores all those developments and continues to offer non-stop Bullish action. I have Sold Gold...
XAUUSD has reacted off the overlap resistance and could fall to support. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2179 Support: 2158 Resistance: 2195 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Impulse Correction Fibonacci Level - 61.80% Break of Structure
Final week of month and quarter, with a long weekend & Holiday (4 day week, low volume, look LONG). NAZ in NTZ (no trade zone) at mid channel, will need to move up/down near KL for better signal. Chart: Thick white arrow is upper target, Thick yellow is lower, NAZ will need to move away/passed form either Shaded Zone and if not go with Opposite Direction Trade at...