XAUUSD has displayed a 123 pattern and formed an ascending triangle, coupled with a breakout of resistance, all indicating a potential bullish movement. Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis before making any trading decisions.
We All Know How Gold Loves To Shift Its Direction At A very Critical Areas, as you have seen in my previous analyses i was bearish on Gold, however when i reversed my fibo i can see that Gold Is Now respecting the 0.618 zone of the fibo , meaning that if this 4H candle closes above 2298 we will see 2338 immediately from there we will retrace to 2312 which then...
Trend line and fibonacci levels to sell in continuations of the trend.
📊Due to the reduction of the upward movement momentum of the price, in case of the failure of the downward movement trend of the price and stabilization of the price below the range of 2315 units, the price may fall to the range of 2275 units🎯 and in case of the strength of the range of 2220 units🎯🎯. 📊Otherwise, the price may increase up to the range of 2385 units.
Here's a sample text you can use for your gold analysis update: _Title:_ Gold Analysis Update: Bullish Target in Sight! _Summary:_ "Gold is looking bullish! My analysis indicates a target of $2339, with a potential upside to $2379. The recent price action has formed a bullish channel, and the RSI indicator is showing a positive divergence. If the metal can...
Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...
The price of gold fell nearly $50 on Tuesday, reaching a new low of 2285, as the Federal Reserve decision will be ushered in on Wednesday, and the market expects that the wording may be hawkish. The dollar and U.S. Treasury yields rose, which significantly suppressed the price of gold; despite strong safe-haven demand and central bank buying Gold prices continued...
XAU-USD keeps falling down But a strong horizontal Support level of 2303.8 So after the retest I think That will make A local bullish rebound !
As discussed on my yesterday's session commentary: "My position: I have managed to catch decent #10-point Profit throughout Friday's session, Selling High's which brought #2,327.80 test. I will assume no new orders for the session and will look to re-Sell Gold as Higher as I can. #2,342.80 - #2,352.80 is optimal re-Sell zone. I am very comfortable with waiting /...
By Wolrd Forex Traders hello 👋 " Gold Market Analysis 💡📊👀 1H Time Frame Chart 📈🕒 _Bullish Signal 🚀👍_ We're seeing a strong long opportunity in the Gold market, with a current price of 2301. Our target is 2336, which is a key resistance level. A breakout above this level will likely lead to a significant price increase! 📈💸 _Analysis 🤔📊_ The 1H time frame...
Following a very choppy price action that finalized a flag pattern, OANDA:XAUUSD experienced a significant decline yesterday, amounting to a drop of 500 pips, breaching crucial horizontal support levels at 2315 and the 2300 mark, nearly reaching the support zone at 2270. After such a substantial decline, a rebound is possible, though the medium-term trend...
Dear Traders, Gold now is in correction , and i expected price try to test 2300 Area ! and then Fall to 2060 , What you think about my idea? dont forget like&Comment please ! regards, Alireza!
The possible path of gold. We expect correction from the range of 2360 to 2375.
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
Gold is currently experiencing a downward trend on a daily basis. Last week, the price dropped below an important horizontal support level and remained below it. This has created a supply zone with a broken structure and a descending trend line. Today, there was a significant bounce back from the lower boundary of this zone, indicating strong resistance. It...
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
Gold still bearish in medium term. Short from current 2323-2330 level. First target is 2300 and ultimate target is 2270.
If the Federal Reserve refrains from cutting interest rates this year, particularly when it was widely anticipated by the market, it could have significant implications for gold prices. Here's how: Market Expectations Disappointed: When market expectations aren't met, especially regarding key monetary policy decisions like interest rate cuts, it often triggers...