xauusd is ranging by forming a traingle pattern.
on the daily timeframe it is an inside bar formation.the price might continue to range becouse we had a massive sell-off before so now we are waiting for A downtrend deal and my target is about 2355-2365
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential upside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
#Gold pulled back to major support areas and the demand zone with convergence of support lines. Our Price Action charts show that price is highly likely to rebound as early as Monday 15th April. Chris
The current gold price is $2344.72 per ounce.
Given the news of an imminent Iranian attack on Israel, we can expect the gold price to react in the following ways:
Initial Spike: As news of the attack spreads, investors may flock to safe-haven assets like gold, causing a sharp increase in gold prices. This reaction is due to the uncertainty and fear...
Long trad can be taken in gold with conformation
Gold gives a retressmet and face high selling pressure from the top
I think for invester it's a good chance to do sip
And for treadrs one can take a long with proper confirmation and
If brok the support which I drow then plan very small quantity for short tread
Thank you
Based on the H1 chart analysis, we can see that the price is falling to our buy entry at 12364, which is a pullback support that closes to the 50% Fibo retracement.
Our take profit will be at 2395, which is a swing-high resistance level.
The stop loss will be placed at 2327, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs...
Hey there on 1htF the Gold has rebound from 2371 and will reach again 2390 yesterday was fall back from 2394 that was the support level but we can now see will go upside continue
Hi Everyone,
GOLD is still in the range.
but there is high chance gold will soar into higher target.
please use only 0.1% if you dont understand it well
dont risk over 3% on this trade
watch your risk management. Good Luck.
i try to always we will keep you all updated . Please don't forget to like, comment and follow to support me, i really appreciate you...
can see the CS making AO Divergence (Changing trend).
Price make new LL and now going to retest at supply level (DBD zone) same level with SnR on the left side.
expecting price will hit previous L (1 Risk : 3 Reward)
Gold hovers around the $2,370, with trading range relatively narrow as investors closely monitor updates on the Iran-Israel conflict.
Israel's stance on retaliating against Iran revolves not around whether but when and how to strike back. Bezalel Smotrich, Israel's Finance Minister, advocates for a response that would impose a "disproportionate toll" on Iran,...
For gold, we continue to look at the 2145 line. Gold rebounded directly to around 2177, but this is not a reversal. We continue to be bearish.
The golden hourly line was also suppressed by the moving average. The European market rebounded quickly, but it was still below the moving average and was suppressed. The macd energy column was also below the zero axis,...
I have decided to go for long .
Price has making upward moving price structure with liquidity more towards upside .
So my expectation is that price will take a little retracement upto 2368/70 and then will continue upward movement .
Here is our detailed technical review for GOLD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2347.049.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2397.410 level.
P.S
Please, note that an...
What if the new High for XAUUSD is 2430. Not just for this month but for the Next Quarter? How would you approach your trades, would you place a huge sell position trade right now, or would you start looking for sell setups. Well, I'm looking for sell setups because my account isn't nearly big enough for a position trade.
What do you think is about to happen next?
