Stay informed with our latest analysis of the XAUUSD market! Gold prices are currently trading around $2400, exhibiting a downtrend with sell signals. Recent price action has breached key support levels, with technical indicators like moving averages and RSI indicating selling pressure. Explore potential trading opportunities with our detailed analysis now!
The analysis on gold presents a complex picture influenced by various factors. Initially, the precious metal recorded a significant loss, exceeding 2% during the day and dropping below $2,340. This decrease was primarily attributed to the easing geopolitical tensions, which prompted a deep correction in the XAU/USD market. Additionally, the resilience of US...
I am bullish biased on Gold for this year, expecting to see it reach 2400 until 2nd November. I developed this project with only one question in mind considering the context perspective: where would could or should occur potential entry setups and signals for long entries. I have ~picassoed~ some potential support/resistance elements taking into consideration...
Taking a look at the 15 min timeframe, price action is beginning to show signs of bottoming action. I'm now waiting for break above the descending resistance in this bearish channel to consider a long position. That's it - That's all Trade Safe
We have broken last all time high and 1h candle formed a beautiful falling star Do we now see a proper correction at last? What`s Your opinion? Trade safe!
Can you feel the gold rush? Few know this but in the past 3 years gold was in an inside bar and it broke out very convincingly. Gold has been in my eyes the best risk to reward asset so far this year if you exclude cocoa that is just ridiculous. I was quite upset because since it went up in a straight line I was not able to add to my position (Although I could...
As you see gold is falling fown on monday . let see where support will keep it up
Hello,Traders! GOLD broke the rising Support line and made a Long awaited correction but Now it is locally oversold And I think that we will See a local bullish rebound From the horizontal support of 2320$ Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
XAU/USD is the label for spot gold traded on the foreign exchange market. Gold (XAU) is traded against the US dollar (USD), and its price represents the cost of one ounce of gold in USD. XAU/USD is traded on the forex marketplace like any traditional currency pair.
As you're aware, I maintain my expectation for a significant correction in the price of $OANDA:XAUUSD. Despite this correction not materializing yet, my confidence in this outlook continues to strengthen each day. Yesterday proved to be relatively quiet for XAUUSD, with the price exhibiting range-bound movements during both the London and New York sessions....
Last week, we built a long strategy around this range and achieved 100% accuracy and profit growth. Trading strategies may change this week, so stay tuned for updates. Gold prices continued to weaken during Asian trading on Monday due to a lack of risk aversion over the weekend. It is currently around 2365, which is a relatively low position, with a small gap...
The price of gold marks the biggest single-day selloff since February 2023 to pull the Relative Strength Index (RSI) back from overbought territory. Gold Price Outlook The price of gold seems to be under pressure after failing to test the monthly high ($2432), and the precious metal may face a further decline as the RSI pushes below 70 to indicate a sell...
HI .MY ANALYSIS IS BUY ;) Thank you. Like & Subscribe. Thank you. Like & Subscribe
xauusd has completed the the final point of 15 min ob with fvg and almost taping the 4 hour first higher low lets first conform with coch in 5 min with best result with 15 min coch that give the long trade but if break the 4 hour first ob then go short for last swing low of 4 hour time zone lets wait and conform the trend change in 5/15min...
Hello, dear friends! Let's dive into today's gold price dynamics together!
Hello traders. Taking a look at spot gold I marked the one red candle on the weekly chart , the only one in 11 weeks of upward movement. I am not saying we will drop that low. BUT , my buy limit will be adjust to 2355 if needed, or lower. Gold is on a rip run for sure, now is not the time to short gold, maybe some pullbacks. I will post some lower time frame...
Hey Everyone, We started the week high lighting two weighted levels 2408 and 2371 and was looking for either one to lock with ema5 to open the next range. 2393 resistance held on market open with no ema5 challenge on 2408. The rejection followed with the weighted Goldturn 2371 test our bearish target. EMA5 cross and lock below 2371 opened the retracement range...