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...
Last week, Gold attempted to extend its decline as the USD gained strength following the release of the United States annual core Personal Consumption Expenditure Price Index (PCE) data for March. This data exceeded expectations, with the annual underlying inflation rate accelerating to 2.7% from the projected 2.6%, albeit slower than the 2.8% recorded in...
By Wolrd Forex Traders Hello 👋 "G old Market Analysis 💡📊👀 4H Time Frame Chart 📉🕒 _Bearish Signal ⚠️👎_ We're seeing a potential short opportunity in the Gold market, with a current price of 2354. Our target is 2300, which is a key support level. A breakout below this level could lead to a significant price decrease 📉💸! _Analysis 🤔📊_ The 4H time frame...
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
XAUUSD GOLD Be careful because xauusd doesn't know how to play but this is my idea
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 ☺️
Yesterday we did 2337 Sell again, and the two TPs we set up have reached the target. Today we are ready to continue Sell. Recently we have been saying that gold is just rebounding, the market has not reversed, and the short market has continued. Gold has fallen sharply, breaking the recent shock, and gold has continued to be short after rebounding in the US...
The gold market has shown signs of a double top on the 4-hour chart, suppressing upward movement. Short-term rebounds lack strength, and the 4-hour moving averages have crossed bearishly, indicating the potential for further decline. The market opened lower this morning and has been declining since then, with any rebounds confined to around 2337. Below 2337...
Introduction - This is closure for binary forecasting for the people who follow it. Consider this draft as clarification for these two months as it relates to the standing long term forecast in Rumors of a Pivot, Part 3: Details - These are two most likely routes to June FOMC. In theory, whatever ultimately happens should be simple variations of these two...
After gold fell below the upward structure today, it fluctuated all the way down. It stopped falling and rebounded after hitting around 2311. However, the rebound was relatively weak and it did not even touch the 2320 position. We currently still hold a short position near the 2323 position. Unfortunately, gold only touched near the 2311 position and did not hit...
After the United States released mixed economic data, the U.S. dollar fell slightly, giving gold some support and maintaining a stable situation. A report from the U.S. Department of Commerce on Thursday said that U.S. gross domestic product (GDP) grew at an annual rate of 1.6% from January to March, lower than the 2.4% expected by economists polled by Reuters....
Gold prices opened up room for upside after breaking through the key pressure level of 2333 on Friday, but the bulls encountered resistance and fell back at the key pressure level of 2352, and finally managed to hold on to the 2332 mark. As expectations of the Federal Reserve's interest rate cut were once again cooled, and geopolitical risks were reduced, the...
Hello friends In the price of gold, we see the formation of a 5-wave bearish pattern. This pattern usually appears in zigzag form and their waveform is 5-3-5. Currently forming wave A, which is 5 waves. Wave B corrects wave A in the form of 3 border waves and usually 61.8. C wave is also (like A wave) 5 waves and is about 100 or 161.8% of A wave. Therefore, we...
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...
Please pay special attention to the accurate trend, colored levels. Be careful BEST MT
Gold’s Potential Trend Reversal: A Technical Analysis After significant manipulation in the gold price over the previous months, it appears that gold may have reached a peak at $2,432. As previously cautioned, the price formation indicated an Ascending Broadening Wedge pattern. 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS:...