XAUUSD Forecast: Two Predictions In Play 1. THE CRASH. Strategy: Daily candle managed to close with a bearish candle.. if you take a look at H4… it has created a selling structure. Action: H1 has also created a selling breakout, we will sell within the continuation zone until a proper buying structure is created 2. EXTENSIVE FLIGHT! Strategy: Price...
XAU/USD was rejected from the golden zone as expected, but there were no fakeouts, contrary to what I thought. Currently, it has formed a bearish flag. There's a possibility it could retest the $2292.00 price level by continuing to move downward.
Gold has rebounded every time it fell recently, and the market has not reversed. Gold can be bought directly at 2335 in the US session. The previous article also directly and publicly suggested that longs enter the market. Today, the Asian session opens, and we need to improve our thinking. It is expected that the upper breakthrough position will be around 2353,...
OANDA:XAUUSD market made a notable decline over the week, but it has now rebounded from the key support level at 2300. It's probable that we might see further consolidation because any market cannot move straight up for a long time; it moves in ebbs and flows. This consolidation will likely involve the typical sideways movement and market noise of the gold...
Hello everyone, it’s Friday again. Today is the last trading day of the week. Friday's trading is usually the most complicated and today there is news on the US April non-farm payrolls data and the US April unemployment rate. We need to do a split on today's transaction. Let everyone know how to proceed with today's transaction. Gold prices have been trading...
Gold, Weekly - Indicators with Fibs Overlay: There is the risk of an extension long up here if gold can find support above 2257.36 . . . the issue is that our fibs on the intraday are bearish and we keep going down. But, if bulls find support, the upside of this extension is 2500. But, currently, we are bearish and I suspect that we will take some time to trade...
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...
Hello Everyone, XAUUSD has been consistently testing both daily and weekly support levels, notably around 2281.174 (weekly support) and 2293.398 (daily support). With the current price situated below the 1M/1W/1D Pivot Points, sellers are showing considerable activity, consistent with the analysis. Nonetheless, the long-term outlook remains bullish, and it...
I have been studying and using this rsi strategy for years now and it tells me exactly 💯 what to do
Judging from the daily chart of gold, the price fell to around 2291 at the beginning of last week and then rebounded, but fell back to a maximum of around 2352 on Friday. This week continued last Friday's weakness, with a sharp drop of $50 on Tuesday, directly breaking the support near 2291 last week, setting a low since April 5. The daily level of gold showed an...
Yesterday i told you about this yesterday we secure many pips, its about 38k USD for me. today is also bearish but not as good as yesterday i think you should not too much risk on this trade for me i will risk max 2,5 percent risk on this trade. because FED is still unclear , geopolitical issue, and also not clear about monetary policies. watch your risk...
OANDA:XAUUSD MARKET ANALYSIS AND COMMENTARY - WEEK 19 - 2024 This week, international gold prices have dropped sharply as the Israel-Iran conflict has almost cooled down. Specifically, international gold prices decreased from 2,388 USD/oz to 2,291 USD/oz and closed the week at 2,337 USD/oz. Notably, the US's basic personal consumption expenditure (PCE)...
just take the trade wait for the good rr ratio and then only start booking your profit and be sure that the market hits the entry point at first. just manage your money be patient and calm.😙
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout of Lower Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves S / R Level
Structure to the upside is still be maintained, the only thing I will cation everyone is to look at any fundamental news especially interest rate that will make the dollar stronger. despite that I see we should slowly continue to the upside before retracing below. Follow for more and crazy breakdonws
Hello everyone As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations. My ideas that do not have Fibo level and is in general view are only to give you a view. For this...
Gold, Daily - Indicators with Fibs Overlay: Let's assume that the long extension will fail as a result of the Daily short that has traded. This target is 2260.15 . . . we have intraday fibs that take us to nearly that level. We have been ranging just above support for the past 4 days, which does lead me to think that eventually the trend may be down on the daily ....
Please provide a meaningful description of why you are taking this trade lol ok