⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price holds steady around $2,300 in the mid-North American session on Thursday. Factors contributing to this include positive market sentiment, declining US Treasury yields, and a weaker US Dollar. Traders are still processing comments made by Federal Reserve Chairman Jerome Powell on Wednesday, as...
Gold has been rising slowly today without any correction, but it is not yet certain whether the rise in risk aversion can continue to amplify. Gold will continue to rise, and there must be news to stimulate further support. Gold has now reached the early intensive resistance area, and beware of a pullback under pressure.
According to the latest data from the World Gold Council (WGC), gold demand in the first quarter (excluding OTC demand) decreased by 5% over the same period to 1,102 tons, due to capital inflows from exchange-traded funds. Gold-backed ETFs continue to flow out. While including the sizable OTC buying activities of investors, total gold demand increased by 3% over...
As discussed throughout my Friday's session commentary: "My position: I am engaging re-Sell orders every session so far (regarding current week) which are delivering excellent returns. On post-Fed spike, I have Sold Gold on #2,325.80, closing my Selling order on #2,310.80. Throughout yesterday's session, I have Sold Gold on #2,307.80 and closed my order on...
XAUUSD Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell Risk and Reward Ratio is 1:12 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by...
- Price of gold might fall in 5 waves to the downside for further correction to create wave C - This is not the main scenario but a possibility to be aware of
Multiple time frame analysis for Gold. Forecast, technical outlook. Trading plan. Key levels. Price action. ❤️Please, support my work with like, thank you!❤️
By examining the trend in the four-hour time frame, global gold has formed a BULLISH BAT harmonic pattern by reaching the important support interval of the bottom of the descending channel in the range of 2266-2286, and now it seems that the rate of the resistance interval of the ceiling of the descending channel in the range 2385-2372, aimed at
People also ask What is a 15 minute time frame strategy? A buy signal is given when price exceeds the high of the 15 minute range after an up gap. A sell signal is given when price moves below the low of the 15 minute range after a down gap.
A proprietary trading firm, often abbreviated as "prop firm," is a financial institution that trades stocks, currencies, options, or other financial instruments with its own capital rather than on behalf of clients. Proprietary trading firms offer several advantages for traders who join their ranks: 1. Access to Capital: One of the most significant advantages of...
Sell gold now Good deal on gold. We notice a strong selling area on the half-hour frame
Our purchase at 2338 has surpassed all targets and is presently trading at 2366. If we witness an H1 closing above 2366, it could pave the way for 2380. However, buying at these elevated levels carries risk, particularly given that it's Friday, so I'll exercise caution. The range of 2380-96 might serve as resistance, potentially exerting downward pressure on the price.
Non-agricultural profits did not rise last Friday, but fell back. Obviously, the current price is still in a situation where short sellers dominate. Under normal circumstances, news will have an impact on the market, or it will be consistent with the technical side and promote the technical side to accelerate. Either it goes against the technical side and...
The $2320 and $2313 target reached ✅, yielding more than 350 pips since yesterday! I hope you took advantage of it! by Reviewing the gold chart, we see that the price started to fall from the $2346 range and has managed to correct down to $2311 with a drop of over 350 pips to this moment! According to the previous analysis, this fall could continue down to $2303,...
Fundamentals are saying Gold futures are inching down (retracing) because it has been a bullish trend for quite some time it was long overdue for some substantive retracement/correction. They followed it up by saying economic uncertainty is likely to create pressure. Technicals show prices ranging inside of a channel and the middle of the channel acting as...
The 4-hour moving average of gold began to turn upward, forming a double bottom structure, and gradually stabilized. Gold did not fall further, and it dropped to the 2315 line and stabilized and rose again. The Asian market continued to go long on dips above 2315. Asian market analysis 1H resistance is 2331, support below is 2315 4H resistance is 2331-2345,...
Gold (XAU/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2,277.97 which is a pullback support. Stop loss is at 2,255.00 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 2,332.00 which is a pullback resistance. High Risk...
Hello there, On Tuesday, the gold price traded in negative territory due to renewed demand for the US Dollar. The possibility of rate cuts by the Federal Reserve following downbeat US jobs data prompted speculation in the market. Investors are closely monitoring a speech by Fed's Kashkari later in the day. Despite the USD demand, the gold price lost momentum, but...