Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
As we can see trend on Gold has been changed, Gold has made lower low and lower high. Now gold is on correction zone, and I think this is a correction for Short. weekly candle in Gold is closed Engolfing, this is one of the confirmations that gold should gain some liquidity and continue towards to sell. The most important News of the month are coming, I think...
Recently, there have been a lot of bearish calls in the market. The louder the calls, the stronger the rally. The two important functions that affect the price trend of gold are risk aversion and resistance to inflation. First, the relationship between supply and demand. Global gold mining and supply have stabilized, with market supply exceeding demand and...
In the Asian market on Monday, gold opened lower and fell sharply, falling as low as 2320. The rebound in gold prices was blocked last Friday, closing at 2337, after data showed that U.S. prices rose in line with expectations. As the crisis in the Middle East avoided a major escalation, some geopolitical risk premiums fell back, and gold prices still fell more...
During the Asian session on Tuesday, spot gold fluctuated widely. The price of gold barely held the 2330 mark on Monday, helped by the weakening of the US dollar, but was still under pressure below the 21-day moving average of 2340. The market focus turned to the Federal Reserve policy meeting and the US non-farm payrolls to be released this week. data for clues...
Hey there on 1htF the Gold has slipped today downside and continue went down so we can now assuming that can retracement area from 2305-2309 touch and then went continue downside 2272 next target
XAU/USD - 15 Mins Time Frame - Waiting On Conformation DXY News
XAUUSD has maintained a robust bearish trajectory without any discernible divergence noted on the 1-hour timeframe. Notably, recent price action has exhibited the formation of a bearish rectangle pattern, reinforcing the prevailing downtrend. A potential scenario could unfold if the price breaches the 2287.91 level, potentially extending the downward movement...
XAUUSD is forming a bearish flag on 4hr, we are placing sell-stop orders at 2290.
Daily live trade with XAUUSD in 15m/30m/1h 20240430
Good day traders, I am sharing my idea for a quick gold short. I am taking this trade based on my double EMA indicators with Stochastic as confirmation. here are the details another trade alert friends XAUUSD sell now @ 2294 tp @ 2290 sl @ 2306 good luck
the momentum keeps firm in shorting ....any pullback to supply denotes a short .... so easy to dissolve , follow for more insights , boost idea, like comment ....thanks ☺️
For market to move, it needs liquidity in terms of supply and demand as well as sell/buy stops. When market is in your POI, ask yourself the following: LOOK LEFT, Has price taken liquidity ON THE WAY TO POI? LOOK NOW, Has price GENERATED liquidity ON THE WAY TO POI? LOOK LEFT+NOW, Has price GENERATED liquidity BOTH? If YES = Price will respect...
XAUUSD chart is printing bearish trend. EP: 2290.69 SL: 2347.253 TP1: 2234.137 TP2: 2166.081
The $2320 and $2313 target reached ✅, yielding more than 350 pips since yesterday! I hope you took advantage of it! by Reviewing the gold chart, we see that the price started to fall from the $2346 range and has managed to correct down to $2311 with a drop of over 350 pips to this moment! According to the previous analysis, this fall could continue down to $2303,...
watch it enjoy i took this trade full breakdown video please watch live trade for today done
In response to the positive Employment Cost Index q/q release in the United States, gold prices underwent a downward shift, with the market now approaching a significant demand area situated towards the lower end of the Range zone. This area of interest coincides closely with the 200-day moving average, further highlighting its potential significance. As market...