XAUUSD price is in the support zone. If the price cannot break through the 2296 level, it is expected that in the short term there is a chance that the price will rebound. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Gold is ready to drop lower and test the 2300 level, I expect price to rise alittle hihger to the order block on 2340, this will give me a sell entry, stops are above the 2347 level. Use proper risk management.
After the release of US non-farm payrolls (NFP) data lower than market expectations, gold quickly increased in price, reaching 2,320 USD/ounce. However, this high level did not last long due to profit-taking pressure and gold quickly fell to close weekly at 2,301 USD/ounce. Although the easing cycle may be delayed, Federal Reserve Chairman Jerome Powell has made...
GOLD 30min short We expect gold to rise to those areas, and then we take two sell deals
Gold's non-farm positives are significant, but technically, it's still in a bearish trend. Currently breaking through new lows, the bearish trend continues. Our strategy of selling at high levels this week also ended perfectly, with successful profit-taking at multiple TP levels, yielding very good profits. Technically speaking: Gold's 4-hour moving averages...
In fact, it is not difficult to see from the above chart that the market is undergoing an inverted triangle arrangement. The current high point above is above 2312. The upper trend pressure position has been touched. Combined with the current ebb of news. The probability of gold falling under pressure is relatively high. At the same time, the U.S. dollar is also...
Fundamental analysis: Even though there isn’t any viable explanation why Gold is delivering aggressive spikes to the upside (that Central Banks are purchasing Gold is Long-Year tradition, nothing new that it can deliver such heavy Buying pressure on Gold), Gold preserves overall Bullish trend. DX dropped to the Lowest level in #2-week time previous session after...
Fundamental analysis: Even though there isn’t any viable explanation why Gold is delivering aggressive spikes to the upside (that Central Banks are purchasing Gold is Long-Year tradition, nothing new that it can deliver such heavy Buying pressure on Gold), Gold preserves overall Bullish trend. DX dropped to the Lowest level in #2-week time previous session after...
Educational Analysis says Gold XAUUSD may move in this range for some time according to my technical. Broker - This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bear run, maybe long for the premium level in the...
Market Analysis PT1/2 (1st May 2024) XAUUSD Analysis On the 4 hour timeframe, we have confirmed a 4 hour MSS with price closing very bearishly on the 4 hour timeframe. Dropping to the 1 hour timeframe, price action here has created a 1 hour OB, along with a 1 hour FVG just right under it. Looking for price to retrace during asia session into the FVG/OB...
Potential Buy Alert for Asian Session : I've identified a promising buy opportunity with a range from 2290. Despite the current bearish trend, I'm confident in a favorable setup that needs filling up. Our target to book profits stands at 2307. Stay tuned for updates on this trade as we monitor its progress closely. Let's seize this opportunity and see how it unfolds!
Gold costs recorded a mild decline after current losses as investors persisted to rate in better longer-time period US hobby charges beforehand of the United States Federal Reserve (FED) assembly over the weekend . From a technical perspective, the growing trendline at $2,320 may want to assist the marketplace stabilize and assist the rate. However, if this key...
Through the analysis of the gold 4H chart, we know that gold rose after falling in the early trading, and has now fallen above 2330. In the short term, at least the 30-day moving average below has not been broken, so there is no way to talk about the falling market. It rebounded to the pressure level of the 10-day moving average above and was blocked and fell...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
As the crisis in the Middle East is slowly calming down, the price of gold is ending its uptrend, in a quest to find a new equilibrium price. On this path, the price of gold first needs to find again its negative correlation with the USD, as it did during the times without significant news from geopolitics. The price of gold started the week with a strong selling...
✅The current zone for XAU/USD is indicating a potential selling opportunity, with the price at 2327/30.00. ✅ This suggests that traders may consider selling the pair at this level. In terms of potential profit-taking levels, traders could look at exiting positions at 2320.00, 2315.00, and 2300.00, representing descending price targets. ✅These levels provide...
OANDA:XAUUSD is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The US ADP jobs report...
XAUUSD after the price was able to break through the 2291 level, it is expected that the price has a chance to test the 2263 support zone if the price is unable to break through. It is expected that in the short term there is a chance that prices will rebound. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!