Currently, gold is clearly in a volatile upward stage, the volatility is not very large, and the price range has been running between the upper and lower counters of the Bollinger Bands. Today we bought when the price of gold fell to 2342 and successfully reached TP2355. Now the price is again near the Bollinger Band upper limit, and the opportunity to sell has...
Dear All, This my idea for Buy Confirm again this OB come you can buy for pullback this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me
Hey there on 1hTF Gold has looking for further moving upside so we can expect that canbe retest Gold from 2345 and then can be drop continue 2300
Gold technical analysis Daily resistance 2370, support below 2327 Four-hour resistance 2370, support below 2343 Gold operation suggestions: After testing the 2340 support yesterday, it stabilized and rose to a high of 2364, and finally closed at a high level, rebounding for three consecutive trading days after the plunge. From the current trend, today's...
GOLD- 10:30 May 30, 2024 Dear traders! Gold skilled vast volatility the day before today because it slid sharply above the $2,347 guide degree and reached the $2,334 mark consistent with a conventional bearish flag structure. At the time of writing, the rate is aiming to check the $2,325 mark amid a correction and sell-off supported through a more impregnable US...
Complicated geopolitical developments are counterbalancing the Fed's recent stance to support gold prices. On the one hand, the Fed strengthens the Dollar compared to other major currencies. On the other hand, gold is also supported. Support when potential market risks are likely to flare up and increase the attractiveness of Precious Metals that do not generate...
in my previous analysis i told that we are not changing our trading plan without a good reason.we are facing now good effects of that again hited more than 100+ pips.we are not changing plan yet we are still seller gold is trading below range 2355 we can still sell. to change the plan the gold has to be broken about 2360 range with a candle close above that...
Hey Everyone, Another great day on the chart today, tracking the movement up and down. Yesterday we stated after hitting 2361 that we now need to see ema5 lock above 2361 to open the next target or rejection with no lock. We were able to get a few more hits on the 2361 level during Tokyo session and were able to use the smaller timeframes to buy dips. 2361...
The price of gold futures surged yesterday, reflecting a rise in investor confidence in the precious metal. Gold prices climbed 1% to $2,358 per troy ounce, fueled by anticipation of upcoming inflation data and a significant shift in sentiment among hedge funds. According to a report by Barron's, hedge funds have been steadily increasing their bullish bets on...
I'm looking to sell Gold for 350 pips. Overall, price is in a clear uptrend however I feel price is currently making a correction; I feel price can drop as low as 2292ish which is the Daily 38.2 Fib Level (Shallow Retracement) before resuming in Bullish momentum. For the past 9 days price has respected my micro down trend and currently price is respecting my 9 and...
hello guys... the short time frame broke down! so the price will touch the gray area and then go for the lower area like the blue one I drew! but don't forget the main trend in the daily time frame is bullish! so after touching the blue area, we will wait for confirmation for another upward movement! ___________________________ ✓✓✓ Always do your...
Yesterday, spot gold showed a trend of low-probing and rebounding. The daily structure closed with a small positive line, which temporarily failed to change the short-term bearish trend. At present, the 5-day moving average has moved down to around 2349. Although the Bollinger Bands are intended to shrink as a whole, the middle track extends upward to around...
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation. I also previously mentioned that first indication, but not confirmation, would be for...
Gold traders and buyers have remained energetic customers on charge dips, assisting the valuable metal`s pricing at those new highs. On the day by day chart, a easy Japanese candlestick sample referred to as a "Three River Morning Star" has emerged. This sample, shaped after a charge decline, may be a robust indication of a key reversal from bearish to...
The Gold fundamentals are negative and as long as price is trading under the 2365-2358 resistance zone. There is still a high probability of a high selling pressure happening. The GOLD fundamentals are still negative with the FED likely to CUT INTEREST rate and the pending inflation data. Resistance : 2358 - 2365 Support 1 : 2335 Support 2 : 2305
Here on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000
Here on gold price has made a rebound around psychological level of 2,360.000 and is like to fall after the trendline breakout. So going for SHORT is needed the targeting profits should be around psychological level of of 2,335.000
This week clearly indicated that the gold price should rise to recover the market, and the gold price began to open low bullish ideas near 2330 at the beginning of the week. The first stage of the rise of the target 2350 arrived, and now the price is moving towards the second stage of the rise of 2368 target position, yesterday's public 2347 near the dry price...