Hi Traders, In the realm of financial prognostication, few assertions carry as much weight as the trajectory of gold prices. As we stand on the precipice of 2024, all signs point resolutely towards a momentous ascent in the value of this timeless metal. Gold, with its intrinsic allure and historical significance, has long been viewed as a bastion of stability...
The price is about to touch the massive support line which basically a strong support zone for the gold. In addition to that, watch MA 50 and 200 crossovers, every time when they crossed it was followed by a big move. Lets see how it is going to play this time.
Gold has been picking up bearish momentum we can expect a fall to 2359 but use proper RM as price is at an important zone.
Geopolitics is once again dominating the news. Gold is strengthening again, viewed in conjunction with the golden ratio. The buys that can maintain this position are the main ones. Buy gold price near 2320. Target position short-term 2346 first line In the past, you always failed when trading alone. But everything will change after you follow me. Because we...
News: The United Nations Security Council passed a resolution clearly calling for an immediate ceasefire in Gaza and the release of all hostages. Demands an immediate ceasefire during the Muslim fasting month of Ramadan, which ends in two weeks, and the release of all hostages held by Hamas in an attack on southern Israel on October 7 last year. The deadline ends...
Hello traders, we want to check the XAUUSD chart. The price has broken the descending channel upwards and pulled back to the indicated support level. We expect the price to maintain its upward trend and grow up to around 2398. Good luck.
CPI and “horror data” spark optimism! Expectations for the Federal Reserve's first cut in September surged, and gold hit a new high in the past month! The U.S. non-seasonally adjusted CPI annual rate in April was 3.4%, down from 3.5% in the previous month. The core CPI monthly rate in April dropped to 0.3% as expected, the lowest since December last year....
Technically, bullish gold futures have a strong typical near-time period technical advantage Bulls` subsequent upside charge goal is to provide a near for June futures above strong resistance at 2,400 With facts from US commodity charges, it's miles possibly that the USD will preserve to sag and can be susceptible whilst the September assembly approaches. Gold...
Gold managed to give a clean bullish Price Action momentum. Take profit has been allocated. Comment in the section below what other pair you would like us to share a trade idea on. Happy trading OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY
Hello,Friends! Bullish trend on GOLD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2372.619. ✅LIKE AND COMMENT MY IDEAS✅
After the announcement of major economic events including PPI CPI the xauusd have formed a very volatile and turbulent market structure. pivot point is 2376 and movement above 2396 will be bullish to 2400 2410 2421 below 2376 the market will move down to the strong supply zone of 2346 2370 2362 2355 2346 like share and follow us for more market related updates and news
XAUUSD has reacted off the pivot that aligns with the 127.2% Fibo extension and could fall to support. Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2392.49 Support: 2372.97 Resistance: 2409 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
Weekly Analysis: Analysis/Bias remains the same as last week's weekly analysis dated 05 May 2024 -> Swing: Bullish. -> Internal: Bullish. Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs. Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure) First...
More detailed analysis for gold, be aware of the price trend and return is an open possibility and selling is the right time notice: I am responsible for my own analysis of gold according to the artistic interpretation of technique and movement with the news You are responsible for how you buy and sell it and you are responsible for your profits and...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply/demand zone (low-risk sell/buy zone) spanning from 2397 to 2398.5 and 2358 to 2355. Additionally, medium-risk buy zone between 2375.5-2373.5, respectively, are highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 2397 and...
Judging from the recent trend of gold, there is no doubt that the buying power is stronger, so overall gold maintains a bullish pattern.However, in the short-term structure, gold also falls sharply during its rise, which brings considerable difficulties to our transactions.I believe that in the past two days in gold trading, many people should have lost money...
I see XAUUSD currently in wave 5 of (3) of ((3)) of v. I am looking for this move to approach 2600 before a pullback towards 2400. I think the time between the years 1976-1980 is a good reference for where I think we are in XAUUSD's current wave v. Wave v's in XAUUSD tend to be rather extended. Orange ellipses are wave 1's and green ellipses are wave 3's. Big...
in the decipher range of gold market ,bearish eyes tends to sharpen , engagin on the retracement straight back to the market structure shorts' open/drop.... follow for more insights , boost idea as Akcapitals tends to update the publish ,sit tight and anticipate markets moves