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...
The market is waiting for Powell's speech, who will give comments on interest rates. Traders lay in the situation the fact that Powell may give a tough comment on the current situation and leave the rate at the same level. Support levels: 2305, 2267 Resistance levels: 2328, 2344 Technically the correction continues. This correction is formed on the basis of...
Possible bearish for gold .. Keep dropping. Trade at your own risk.
Have entered a trade based off the daily time frame Entry 2309.699 SL 2277.345 TP 2374.656
Last week, the world gold price in the first session of the week traded at 2,335 USD/ounce. In the following sessions, gold prices could not maintain the mark above 2,340 USD and began to decline, reaching the lowest level of the week below 2,283 USD. World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on...
Gold expenses recovered withinside the buying and selling consultation on Wednesday (May 1) after the United States Federal Reserve (Fed) saved hobby costs unchanged, with bottom-fishing sports acting because the USD and bond yields fell. Closing the consultation, spot gold charge improved 0.9% to 2,306.eight USD/ounce after falling to its lowest for the reason...
Happy Holiday in Singapore DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 01 May 2024 SELL LIMIT Order: $2316.86 Stop Loss: $2336.66 Take Profit 1: $2297.30 Take Profit 2: $2271.30 Risk per trade: 0.5%. MT4/5 trade expiration: Today 100% mechanical...
Gold in a narrow range. We are waiting for a shot from the current zones to the next ones. A good wide trade could work out. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely...
GOLD 30min short We expect gold to rise to that area, then we place a sell trade
Gold respected the lower boundary of the major bearish channel formed. With the reversal identified, we witnessed a breakout and pullback on the previous support created at the $2310 region. Since the price has respected this area one more time. We expect to see a continuation of the current bullish trend to the upside targeting $2350. If the price remains...
Gold prices fluctuated sharply after the release of non-agricultural data. The highest point reached the 2320 line, but then quickly fell back to around 2277. Such large fluctuations reflect market uncertainty. At the same time, the daily chart shows continuous negative lines, and the short-term moving averages are also beginning to exert pressure. Therefore, the...
Today, gold provides a layout idea of shorting first. Short gold near 2289, reduce positions and take profits near 2283. After breaking 2290, go long gold at 2291 and take profits at 2300. At present, gold has rebounded and corrected. After waiting for the news to be released, short gold at high levels will be the main focus!
There may be a pullback before the news. Ahead of Initial Jobless Claims, traders are waiting for a negative scenario against the dollar, if the data is below 212K, the gold may continue its decline, if the IJC is above 212K, the gold will head towards 2328. Resistance levels: 2305, 2328 Support levels: 2295, 2280, 2267 The market is bearish, the correction is...
XAUUSD is currently positioned within the support zone and has potential to ascend towards yesterday's closing price at $2318 or above. Additionally, this presents a valuable position to consider taking.
After gold crashed hard, we are back at it again. Price seems to have found strong support on this lows 2279. Bullish move expected target 2393 level, stops below 2275. Use proper risk management.
Gold grew to become to boom strongly once more and the gold marketplace is retaining a stable boom above 2,three hundred USD/ounce, however does now no longer see any new momentum, because the US Federal Reserve (FED) continues its economic coverage stance. Currency regulations and warnings that inflation stays a hard trouble to solve. As expected, americaA...
Gold prices recovered losses but remained near $2,320 early Thursday. Fresh weakness in the US Dollar and US Treasury yields allow Gold buyers to breathe a sigh of relief. Gold prices remain vulnerable amid Middle East escalation, waiting for US Q1 GDP data. Gold prices steadied on Wednesday below the key 21-day simple moving average (SMA), then at $2,318,...
XAUUSD gold approaching a bearish zone, looking to filled up some liquidity zone to look at 2298/2291