On Thursday, gold TVC:GOLD prices declined as investors analyzed the likelihood of the U.S. Federal Reserve easing monetary policy this year. This reassessment came after the Federal Reserve noted that inflation progress has halted, suggesting that interest rates might remain elevated for an extended period. technically side: There are two possible scenarios...
Market will goes downward and our first target is 2260.
Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...
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The XAU/USD (gold/US dollar) pair is exhibiting a descending triangle pattern, indicating a bearish bias in its price movement. This pattern is characterized by a series of lower highs and a horizontal support level, suggesting potential downward pressure on the exchange rate. Furthermore, the crossover of the Exponential Moving Averages (EMAs) 200 and 50...
Trend line and fibonacci levels to sell in continuations of the trend.
XAU-USD keeps falling down But a strong horizontal Support level of 2303.8 So after the retest I think That will make A local bullish rebound !
now xau/usd (gold ) is trading at 2302 it is showing us new targets on trend line so we would like to follow(focus ) on new way so targets are highlited on chart ( this analyse is not investment advise we just follow market pattern &mavericks)
As discussed on my yesterday's session commentary: "My position: I have managed to catch decent #10-point Profit throughout Friday's session, Selling High's which brought #2,327.80 test. I will assume no new orders for the session and will look to re-Sell Gold as Higher as I can. #2,342.80 - #2,352.80 is optimal re-Sell zone. I am very comfortable with waiting /...
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
After the formation of the BULLISH BAT harmonic pattern, global gold can now rise to the resistance of the ceiling of the descending channel at $2343, maintaining the important support interval in the range of 3212-2310.
Hello everyone, it’s Friday again. Today is the last trading day of the week. Friday's trading is usually the most complicated and today there is news on the US April non-farm payrolls data and the US April unemployment rate. We need to do a split on today's transaction. Let everyone know how to proceed with today's transaction. Gold prices have been trading...
Gold still bearish in medium term. Short from current 2323-2330 level. First target is 2300 and ultimate target is 2270.
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to resistance level, which coincided with resistance area. Price some time traded between this level and after reaching resistance line of channel, it made downward impulse. After this, XAU broke $2385...
By Wolrd Forex Traders hello 👋 " Gold Market Analysis 💡📊👀 1H Time Frame Chart 📈🕒 _Bullish Signal 🚀👍_ We're seeing a strong long opportunity in the Gold market, with a current price of 2301. Our target is 2336, which is a key resistance level. A breakout above this level will likely lead to a significant price increase! 📈💸 _Analysis 🤔📊_ The 1H time frame...
Following a very choppy price action that finalized a flag pattern, OANDA:XAUUSD experienced a significant decline yesterday, amounting to a drop of 500 pips, breaching crucial horizontal support levels at 2315 and the 2300 mark, nearly reaching the support zone at 2270. After such a substantial decline, a rebound is possible, though the medium-term trend...
Dear Traders, Gold now is in correction , and i expected price try to test 2300 Area ! and then Fall to 2060 , What you think about my idea? dont forget like&Comment please ! regards, Alireza!
My article is not to please others, but to give friends who can empathize with me a sense of belonging, and to provide some help that I can do as a professional. The road to investment is long, so you must learn to be calm. For those who don’t know the trend, I will announce the gold trend strategy and entry point in real time every day! When you come to me, you...