After some correction, it is expected to continue the downward trend. According to the behavior of the price at the support levels and the support trend line, the continuation of the movement trend will be according to the specified paths. If the price does not cross the support range, it will be a warning for the continuation of the upward trend and the formation...
Main strategy is selling today. If Gold breaks 2328-2333 support, looking for retracement for selling opportunities. If Gold goes up to 2352-2364 zone, sell directly. Patience is the key.
Following my previous idea that the XAUUSD pair is in the sideways manner, it hits the previous OB- on 5 minute timeframe. And since my sell conviction is strong, i place the sell order right away when the price hit the OB-. The inducement convince me more that the seller are in control.
On H1: Price is testing 2350 and forming a retest of the consolidation boundary. If the price consolidates above 2328-2330, it is likely to head to 2359, and then it can easily reach 2398. Since fundamentally everything is at the same level, and from a technical point of view we see a correction and a strong sell-off, the market also has a high chance for a...
Looking at the current GOLD trend which is increasingly showing a downward trend. Geopolitically, the Middle East is stable amid the issue of massive demonstrations on American college campuses, but this has not had a significant impact. . We will continue to monitor market patterns and also the formation of price action on XAUUSD, considering that next week a lot...
OANDA:XAUUSD have fallen sharply from recent highs due to the impact of reduced geopolitical risks and a stronger US Dollar. Federal Reserve officials, including Chairman Powell, have maintained a hawkish stance on interest rates, which has weighed on gold prices. Sentiment has changed as expectations for a Fed rate cut were revised to a potentially longer than...
Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses.
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price declined to support level, which coincided with support area, and then started to trades in wedge. In this pattern, Gold made upward impulse from support line to resistance line, breaking $2390 level. But soon, it turned around and declined...
Hey there on 15mTF Looking opportunity rebound from 2305 was early downside and now we can see upside continue rise more than 2340
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GOLD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️
Daily live trade with XAUUSD in 15m/30m/1h 20240426
Gold in the coming week is expected to push further towards the 2400 region after the initial pullback. I strongly believe this would be the possible direction since last week the gold pushed down and was trying to get its upward momentum. This week I believe buyers would take the role to push it upwards The suggested move is based on my analysis not trading...
Gold I believe going to be bearish this upcoming market open IDK am I stupid we will see. :) EIGHTCAP:XAUUSD OANDA:XAUUSD
SELL SETUP IN XAUUSD after the break bullish channel the price in correction till 70 fibo level i expect the price go down till The beginning of the upward trend. this is just my idea share your opinion with me guys.
Hi Traders, Looking at XAUUSD we can see it gave us a MSS and Leacing an Imbalance on a Daily TF, SO we loading Shorts once it retraces into our daily FVG and Target the Unmitigated Demand Zone. This analysis is based on ICT & Price action. best of luck CharlesFX