Gold is currently under temporary pressure after the price fell below the previous high shock range on the daily trend. The short-period moving average remains in the recovery of shocks, and is still slightly weaker on the daily trend. The current range compression in the 4-hour trend is relatively small, and the short-term moving averages are basically in a flat...
My one rule of thumb is that if Friday is high then Tuesday will be lower, and if Friday is low then Tuesday will be higher. In this case, if the chart is unable to breakout at H1 ChoCh, then most likely the market will continue the trend (we can do an OP after an inducement is formed at M15). But if not, we can wait for a pullback after the breakout occurs and do...
2370 more As long as the k line falls back, we are running more, as simple as that Gold does not fall back, there is no chance to dry more, the afternoon market to force, directly down 2370 line, we more The k line has always stabilized above the average line, always standing position, the average line runs steadily upward like a rock, the overnight gold...
The golden day line closed high, closed a small Yin K line, two consecutive days this week around 2390-2393 area shorting have gained, high adjustment market, after the second high, failed to close strong, or break high strength, short term is to convert downward, the weekly line is as expected to touch the high line and then pressure. Gold is currently under...
On Tuesday (April 23), during the European trading session, gold continued the decline of the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling as low as $2,295.49 / ounce. More bulls took profits amid a pullback in gold prices as easing fears of conflict in the Middle East boosted investor risk appetite, reducing...
have a good weekend! The market trend throughout the whole day on Friday was still quite weak, with a unilateral rise followed by a zigzag decline. The overall price fluctuated within a range, with a range of only 26 US dollars, which was similar to Wednesday's fluctuation range, but the difference was that the movement was in an inverted V shape, 2351 -52...
Hello,Traders! GOLD went above the Key horizontal level Of 2325$ then made a Retest and is going up now Again so I will be expecting A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As have been sharing a lot of bullish scenarios. This is my main idea and most likely. I see 3 waves why we have seen 1.27% extension rather than 1.618 at 2500 many are still looking for. wave 5 can get crazy and can tag 3k as many believe will happen. But in shorter term it is going to shake a lot out and create bears. Looking for a bear market starting. ...
Market review Spot gold on Friday (April 12) opened at $2372.2 / ounce, Asia-Europe trading hours, the US index in the $105 horizontal for several hours, the afternoon pulled up more than 30 points, the index hit a new high within the week. Gold continued its strong momentum, and the price rose directly to the $2,400 area without adjustment. As of now, the gold...
Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
On Wednesday (April 17), spot gold maintained a volatile trend, reaching a high of $2394.22 and a low of $2372.61. It was trading at $2,381.69 an ounce, down 0.02%. Gold has regained traction after rebounding from last week's all-time high of $2,431 and once again falling below the psychological level of $2,400 an ounce. Overall gold market sentiment remained...
There have been a series of incidents in the Middle East in recent weeks, including the conflict between Israel and Iran and an attack on Saudi Arabia. These events have raised concerns about geopolitical risks in the market, which has given gold prices a certain boost. However, if these events are mitigated, gold prices could see a pullback. Economic data...
Analysis of the latest gold market trends: Analysis of gold news: On Tuesday (April 23), spot gold maintained a sharp decline during the day and rebounded sharply during the US trading session. The price of gold is currently around US$2,319 per ounce. Gold prices slipped to their lowest in more than two weeks on Tuesday as concerns over an escalating crisis in...
Trend analysis: Yesterday we have defined and emphasized the market trend. The current market trend is biased towards short positions, so the operation still needs to be high-altitude. If the market in today's early trading continues to break down strongly from Monday and Tuesday, then the market is still dominated by strong short sellers, but in terms of the day,...
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....
The first ascending channel is well broken, in the continuation of the formation of the flag pattern, which will probably break down our target, the end of the initial ascending channel.
Gold latest market trend analysis: Gold news analysis: On Wednesday (April 17) spot gold fluctuated in a narrow range, gold prices were stable on Tuesday, and the daily K line recorded a cross star, as the safe-haven demand brought by the ongoing tensions in the Middle East offset the expectation of fewer interest rate cuts in the United States this year. Spot...
RR 1:2 Bearish flag for ChoCH confirmation Weekly candle already show to change position from bull to bear ++1.000 PIPS