Technical analysis of gold Daily resistance 2307-40, support below 2277 Four-hour resistance 2307-2340, support below 2277 Gold operation suggestions: Last Friday, the overall technical side of gold prices fell under pressure at the 2387 mark. The European session broke through the two integer mark supports of 2350 and 2340. Finally, under the negative influence...
Dear Traders, As we had explained in our previous chart analysis on Gold, price did exactly the way we expected. Now we can take swing buy entry, however, would advise you to wait until London session open on Monday. Enter with accurate risk management. **Good Luck and if you like our ideas then please do like and comment the ideas; also follow us which will...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell during the Asian session on Tuesday due to a fresh supply. This decline comes after a slight recovery from a one-month low caused by positive US jobs data. The decrease in bets for an interest rate cut by the Federal Reserve (Fed) in September has kept US Treasury bond yields...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The People's Bank of China (PBoC) stopped buying gold in May, after 18 months of continuous purchases. This has weakened the price of gold. However, there is some support for the safe-haven XAU/USD due to a cautious market mood. Traders are hesitant to make aggressive bets before important US data and...
World gold charge today World gold fees inched up barely with spot gold growing through 5.eight USD to 2,310.2 USD/ounce. Gold futures ultimate traded at 2,327.nine USD/ounce, up 2.nine USD in comparison to the day past morning. After struggling the most powerful sell-off in almost 4 years because of stronger-than-predicted US employment information, global gold...
In view of the large negative line closing last Friday, there is still room for decline in the short term, and the overall trend is still biased towards the bears. What is needed now is to wait for the bulls to pull back and then continue to fall. The key short-selling position above is maintained at 2303-05, which is basically equivalent to the first low point...
H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has continued to trade to the downside As mentioned in yesterday's analysis dated 09 June 2024, price may continue bearish which would bring bullish CHoCH closer to current price action. Price has now printed this, allowing for a more realistic indication for bullish pullback initiation. Strong...
Dear Traders, OANDA:XAUUSD we have updated our views on gold, in our opinion price is likely to continue the bullish momentum from this moment onwards, next possible targets are 2390$ and 2450$. However, if current strong resistance upholds then price can drop 2290$ or 2280$ region can be strong opportunity where buyers can strongly rebound. **If you like...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
WILL CHINA STOP BUYING GOLD? “The nice US jobs file dealt a blow to gold euphoria. This file extinguished hopes that the Fed might quickly lessen hobby charges. The Fed nevertheless wishes to maintain hobby charges excessive to calm salary boom and the quantity of recent jobs created withinside the economic system,` Saxo Bank's head of simple commodity method Ole...
XAUUSD UPTREND Take the support and resistant zones into consideration, you can see that it's the best time to open long position. Good luck :)
Hello traders, I would like to share my opinion on GOLD across multiple timeframes. It seems that the price is currently passing through the daily sell stops, and if it strongly closes below this zone in higher timeframe , the next level to watch would be around $2150. To increase confidence in this analysis, it is advisable to wait for the completion of a...
✍️ NOVA hello everyone, Let's comment on gold price next week from 6/10 - 6/14/2024 🔥 World situation: Gold prices dropped to a four-week low due to strong US labor market and China's halt in gold purchases. XAU/USD traded at $2,295, resulting in a more than 3% decrease. The latest US Nonfarm Payrolls report showed an increase in workforce but also an uptick...
Here on Gold the price was uptrend and later come down due to NFP news happened on Friday so the price later return to a the support zone and is likely to move down if it break the level marked but if unable to break the level that means it will continue it up trend movement. So is advice able to wait and to see the movement first weather is going up or down...
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: Bullish Setup Anticipated Amid USD Weak and Low Treasury Yields On Tuesday, gold dropped to the $2,315 area, nearing the multi-week low touched the previous day, influenced by a modest strengthening of the US Dollar (USD). Despite the USD's attempted recovery from its over two-month low, there was no significant follow-through, due to increasing...
From the 1-hour level, MACD red column continues to increase, and the short-term trend is falling. You can go short directly, and the target is 2350. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
buy gold 2360-235x SL 2343 TP 2395 -- - Gold charges regularly react inversely to the USD. The US Nonfarm file may be an critical aspect affecting the USD and consequently additionally affecting gold charges. If reported - Strong Nonfarm file, reinforcing expectancies that the United States Federal Reserve (Fed) will hold to tighten financial policy, the USD might...