sagaahelite

sagaahelite

XAUUSD Present Technical Status: RSI(14):Status: Buy STOCHRSI(14):Status: Overbought ROC: Status: Buy William%R: Status: Overbought ATR(14)1; Status: High Volatility SOC: Status: Sell H1 SMA100-P(2323.22) ACHIEVED Lower Rates will be Bullish for Markets and XAUUSD.

sagaahelite

NFP WEEK ANALYSIS UPDATE: This week has been dynamic for trading enthusiasts, featuring a wealth of data, impactful speeches, testimonials, inflation alerts, record highs in both future and spot gold, and fluctuating currency movements. Notably, the European Central Bank (ECB) opted to maintain current interest rates post-ECB Press Conference. The EURUSD responded...

sagaahelite

As Mentioned in previous post idea , current market price in spot gold is 2048 range our selling area is activated.

sagaahelite

Spot gold is still moving under the specific range set or R1 and S1 , post FOMC meeting minutes status of metal will be more clear to take good entries, Biden have restricted for more debts , and the upcoming data and events might hit more on dollars which will make GOLD to surge for higher ranges, I will wait for clear range for clean entries , SR levels are...

sagaahelite

Support & Resistance Levels: Resistance levels: R1:2054 R2:2078 R3:2098 R4:2109 Support Levels: S1:2036 S2:2021 S3:2010 S4:1995 Risk : Low/ Moderate ( first 2 range )/ High Risk ( last two range ) ROI Expected: 10-15% in 2 days of trading. Strategy: Targeting Partial Bookings- Book trades in Net average profit by the end of day - No Multiple Trades. Trade in...

sagaahelite

As Stated Earlier for the Consolidation zone, Gold is trading under same consolidation zone. Today on economic calendar, many data are listed due which we can see a breakout from this consolidation zone, where we will stick to our stated trading ranges, and we will trade according to same pattern of low moderate and high-risk trading. RM will be followed.