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The recent overall trend of gold in the market has shown a decline, but trading is also full of challenges. Opportunities and challenges coexist. Are you ready to meet your challenges?
In my trading advice today, I emphasized the trading idea of shorting gold at high prices after a rebound. I wonder if you have adopted my trading idea in your trading...
Gold is currently in pause mode, and if the conflict between Iran and Israel eases, market focus will turn to the Federal Reserve. It is clear that the Federal Reserve is not going to cut interest rates anytime soon, which is a bearish factor for the gold and silver markets.
If the conflict escalates, you will see gold rise again.
For now, the focus is on...
XAUUSD has been ranging between 2335 and 2311, with price failing to break the resistance we can expect a bearish move too 2311, SL and TP will be adjusted to suit Price Action, I advise if your taking this trade monitor and use utmost Risk.
Gold is having its moment right now and we can spot a peak happening today; this very same day, the 12-April 2024 session —let us see how it goes.
I hope you get to have a wonderful weekend, this is just a quick reminder and I'll let you go.
First, the main signal:
This is based on candlestick reading.
Today's session is ultra-bearish and leaves no room for...
Gold prices turned down slightly at the beginning of the Asian session
XAU/USD's decline has continued and the precious metal is currently trading around $2,377 today morning.
After rising above the $2,400 threshold last Friday, gold prices have adjusted back down after tensions in the Middle East were contained and are currently trading around the $2,377...
Spot Gold has fallen 5% since the Middle East conflicts have lessened at least transiently. Other
fundamentals like the Chinese government and indeed its citizens as well as the central
banks of several nations buying gold in high volumes support price from significantly falling from
here. Supported by volume profile specifics as well as the Fibonacci...
In early Asian trading, spot gold fell within a narrow range and is currently trading around $2,383.
Gold prices temporarily came under pressure at the $2,400 level mid-week last week, but with two failed breakouts, bulls have opened the door to profit from the breakout, but support continues to be bought. I’m not sure if this is accumulation from larger...
At present, the K-line has stabilized at 2380, and the big positive line at the bottom has stopped the decline, directly consolidating the bottom signal, especially the K-line starting from below the moving average, directly breaking the suppression of the moving average, obviously unable to hold down the bulls
Trading strategy: long gold near 2380, stop loss...
World gold costs keep to say no as issues approximately escalating tensions withinside the Middle East ease, even as traders are nonetheless watching for crucial US information to get new clues approximately the Fed`s hobby charge trajectory. US Federal Reserve (FED).
Previously, at the start of the week, gold fell extra than 2%, marking the most important...
2189$ can be the next target? before uptrend to 24k, 25k , 26k.
The sharp V-shaped irrationally lead the sudden rise and then creating a quick inverse V-Shaped and rise in the bullish trend to complete the bullish retracement in the aftermath. A V-shaped mostly occurs in the Bullish trend and then show reversal trend, However this may create a strong bearish...
Gold shows to makes a daily pullback up through to the next point of rejection at 2341 - 48" respectively , before going for the activation of the sell momentum .THANKS
Follow for more insights ...and comment your point of view, boost idea.... Akcapitals✨
Hello there, Brian here with a glint of today's gold market dynamics! Gold (XAU/USD) found itself under a relentless sell-off siege for the second day running on Tuesday, edging toward its bi-weekly nadir around the $2,300 landmark as the European trading session dawned. Despite a nocturnal offensive on U.S. forces in the Middle East, investors clung to optimism,...
