Gold prices climbed more than $30 on Wednesday as the dollar and U.S. Treasury yields fell after the Federal Reserve's interest rate decision and Chairman Jerome Powell's speech. In addition, due to higher-than-expected inflation in the first three months of this year, this week the Federal Reserve, after keeping interest rates unchanged as scheduled, also...
Trading Setup:
A Trading Signal is seen in the Gold XAUUSD (1h)
Traders can open their Sell Trades NOW
⬇️Sell Now or Sell on 2361.0
⭕️SL @ 2399.3
🔵TP1 @ 2274.3
🔵TP2 @ 2235.6
🔵TP3 @ 2178.9
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading ...
Hello everyone
As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations.
My ideas that do not have Fibo level and is in general view are only to give you a view.
For this...
GOLD REMAINS RANGE-BOUND
The recent trend of gold has shown the characteristics of killing bulls and bears. However, judging from the daily chart, it is actually a recovery trend after a sharp decline. The repair interval is approximately between 2291 and 2352. This range has constituted a large wave of fluctuations. Although last week's weekly close was negative,...
Gold prices ( TVC:XAU ) have dwindled following US Nonfarm Payrolls (NBP) data, with the gold price peaked at $2,310 but reversed gains. The US Bureau of Labor Statistics (BLS) revealed that April Nonfarm Payrolls missed estimates, indicating a cooling jobs market. The golden metal edged toward its daily high of $2,310 but failed to crack May 2's high of $2,326,...
Hey folks, exciting news! 🚀 A golden opportunity just unveiled itself on this fine Friday. Picture this: two significant gaps on our chart - one bullish, the other bearish - both nicely filled in. Now, the stage is set, and we're eagerly awaiting the bulls to strut in and take charge. Our On-The-Edge (OTE) zone is primed, leaning towards the buy side. Let's buckle...
GOLD did not form a new decline and returned to the demand zone.
The descending structure remains undisturbed.
The price formed a bullish takeover before returning to the demand zone.
We expect growth after the retest of the dynamic resistance.
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Fundamental analysis: So far so good as there are no Short-term surprises. DX again reversed and it's no surprise that this is pushing Gold Higher (last #5 out of #5 Fed Rate decisions were Bullish on Gold regardless of the outcome or Powell's stance later on the conference). No doubt that Gold is also affected by the effect of Bond Yields policy remarks, testing...
do manage stop loss and dont forget to establish a good rr and small stop loss , big money if it does not work dont worry i have a one more trade . dont take this trade after 24 hr bye
XAUUSD - LONG - NFP
with this structure, I can see a up move will come, according to me it can reach the target as I marked on the chart, nfp will be very high volatility so risk small or if u make good profits stay away from the market. if the market fall from this level ill be not in. I only look for buy at this levels if i get the setups
V.Ragu
Recently, gold has been looking different every day. Yesterday, gold maintained an upward trend, but today it hit around 2328 and then fell back. The current lowest level has hit around 2295. The lack of continuation of gold's long and short positions has brought us a certain degree of difficulty in trading. Gold is currently trading near the 2298 position.
...
XAU improved after Jerome chairman spoken.
Jerome Powell is
Chair of the Federal Reserve of the United States
HiGH RI NYSE:K ***
Forex (SWING)
XAUUSD SELL
Entry zone: $2,323 to $2,328
SL: $2,335
*Disclaimer*
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Gold retreated over $100 from its all-time highs established earlier this month. Interestingly, this move down follows a pullback of similar magnitude in the U.S. stock market, which we have repeatedly referred to as a threat to gold’s spectacular performance; one minor detail to point out here is that this time around, gold seems to be falling in reaction to what...
The only possible zone for rebuying GOLD after slightly dovish FOMC is 2313. Don´t enter earlier. Monitor the rejection on lower TF (15M). Wish you good luck.
Good morning ☕️
Today’s setup 💡
We saw a massive move to the upside after the interest rates announcement yesterday. 📈
Hoping for a pullback into the marked buy zone now. 🧐
Too bad I missed the sell zone from yesterday while I was driving, but setups happen every day, so no need to rush or take unnecessary risks without a clear setup. 🚗
Remember, patience...
