On the daily line, gold recorded a positive column, and the real column successfully crossed the short-period moving average and maintained above the moving average of each period. The overall Bollinger trend remains upward, although it has not yet fully opened its mouth. Observing from short-term indicators, the downward potential energy has shown signs of...
According to the investigations conducted in the gold symbol, we have readiness for a long position at the price of 2311
Over the same period, CPI increased by 3.4%, matching forecasts. This is positive news for the US Federal Reserve (Fed). Cooling inflation will help the Fed soon make a decision to lower interest rates, to support the US economy, which is showing more signs of slowing down. Cooling inflation will also soothe the psychology of US investors and consumers. The...
The benefits brought by CPI have caused a sharp rise in DXY-related products. Gold is still rising, but there is some resistance to this price, so sell first, tp 2378/2373/2369
Gold surpassed a strong horizontal resistance cluster and a significant downward trend line. The broken structures now form a larger demand zone. I anticipate a bullish movement from this area soon, with targets set at 2394 and 2420.
Here gold has made a several support and resistance moving downward indicating that sellers are still in control but finally breakout from the trendline indicating that buyers has come in it expect to rise a in other to maintain the previous resistance so going for buy is expected and targeting profits should around psychological level 2355.000
Gold got rejected at R2 level projected and already formed double top which is likely to drive the metal down. A failure of support at S1 to hold gold's price will see metal price dropping below 2338 to test S2. Having said that, gold may encounter early support at 2352; and price is rejected at this level, we might see gold again testing R2. N.B! - XAUUSD...
Friends who like to trade gold can add long orders for gold. There is room for an increase of about 6-10 US dollars. The MA 30-minute chart shows that gold is about to form an inverted triangle. It is a good choice to rely on the support below to go long in the short term. In the past, you always failed when trading alone. But everything will change after you...
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 2359, pullback support close to 61.8% Fibo retracement Our take profit will be at 2346, a pullback support The stop loss will be placed at 2372, which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk...
My dear followers, This is my opinion on the GOLD next move: The asset is approaching an important pivot point 2375.6 Bias - Bearish Safe Stop Loss - 2393.9 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 2346.4 About Used Indicators: For more...
Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.
Hi Traders looking at 15minutes chat we broke down trend, having to create higher high and higher low. now we on a retest acting as our support level. we looking to take our buy trades till level of 2369.12 Please share your results and comment below. Certified Price action king
World gold prices increased with spot gold increasing by 21.9 USD to 2,357.6 USD/ounce. Gold futures last traded at 2,363.6 USD/ounce, up 21.1 USD compared to yesterday morning. Weakness in the USD and Treasury yields following US producer price data for April provided a boost to the yellow metal. The dollar fell 0.2% after US data made gold cheaper for buyers...
Many professionals accept as true with that withinside the close to future, the Fed is prepared to decrease hobby prices. Recent disasters in peace negotiations withinside the Gaza Strip are nonetheless helping gold charges. Many crucial facts can be posted this week, along with April PPI and CPI of the US. These can be facts factors that traders want to pay...
As expected, the price has pulled back towards the support level around 2330, which I mentioned in my previous post. XAUUSD price has been ranging near the previous day's low, having fallen from its recent highs. The channel border, which acts as upward trendline and a swap zone, is now being tested. This support level previously acted as resistance, holding the...
Nothing more to add but Tradingview forces me to make a longer desciption...
gold will be bullish on Monday then it will go down resistance
#XAUUSD UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss about XAUUSD. XAUUSD is exactly on the way as predicted already in good gain after this breakout. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.