Gold has delivered impressive gains of over 18% so far in 2024, and June looks promising for investors. With finite supply and fluctuating demand, gold prices are sensitive to economic and geopolitical news. This video dives deep into the current market dynamics and what to expect in the coming month. In June, geopolitical unrest could significantly impact gold...
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...
In this video, we delve into the upcoming Federal Reserve meeting and its potential impact on the price of Gold. The decisions made during this meeting could significantly influence the market. Gold recently experienced its lowest finish in about a month, influenced by stronger-than-expected monthly U.S. jobs data and reports of China's central bank pausing its...
✍️ 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...
1-hour and 4-hour time frame gold analysis Gold has declined in the 1-hour and 4-hour time frames, and short positions have a higher winning percentage until we reach the 2200 range.
The number of traders that got liquidated last week is so high that probably big funds has decided to buy your gold, but at discount price. My previous idea about gold went really good, and I think that now we are going to see a fake moves. My main target for GOLD is above 2400, so I am looking for a good zone to buy some. I think that price can range in the next...
- Gold prices, closed lower for the second consecutive week while posting a fourth monthly gain. This suggests a complex market situation with potential short-term bearish sentiment but long-term bullish factors. After reaching an all-time high of $2,449.89 on May 20, gold prices have faced downward pressure, possibly due to profit-taking or long-liquidation by...
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...
Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of ...
The chart provided is of Gold Spot (XAU/USD) against the US Dollar, in a 4-hour timeframe. Here’s a detailed analysis and summary: 1. Trend Analysis: - The overall trend from early March to mid-May was upward, with gold prices rising steadily. - Recently, there has been significant volatility, with noticeable peaks and troughs indicating a correction or...
Gold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not...
Bonjour a tous ! Après notre BE, nous restons baissier sur l'XAU/USD ! -Voici mon avis sur l'XAU/USD : -Nous avons de la liquidité. -Nous avons une zone intéressante. -Nous avons le fibo optimal. -Nous avons une accumulation avant/sur la zone. -Nous somme avec la tendance. Voilà pourquoi je verrais donc l'XAU/USD rebondir sur la zone et chuter ! 🚀 Si vous...
In my video yesterday, I mentioned a possible upward continuation for gold and identified 2355 as the buy zone. Indeed, the price reversed upward precisely from that zone and reached a local high of around 2388. However, the rise after breaking the resistance is overlapping, indicating selling at higher levels. Additionally, the recent upward movement is...
We have the original bullish trend and the price is giving us signs of going long in very important areas and today we also have important news
XAU-USD was going Down but now we are Seeing a bullish breakout From the wedge pattern So we are locally bullish Biased and we will be Expecting a local move up !
Gold prices yesterday had an early rebound hitting a high of $2,375 then retreated again before closing at $2,378 after important news and market expectations were reflected in the price. Regardless of the reason behind it, this is it proving that investors are still interested in gold or have returned after recent dovish signals from major central banks. Maybe...
Gold broke and closed above a resistance line of a narrow accumulation range on a daily. Such a violation indicates the strength of the buyers and a highly probable bullish continuation. Next resistance - 2403 ❤️Please, support my work with like, thank you!❤️
Greetings, Traders! Brief Description🖊️: Currently, on XAUUSD, I am observing bullish momentum entering the market. The price has retraced into discount prices of the impulsive leg, taking discount sell stops multiple times, which suggests order pairing. This occurs within discount prices, where the logic is to buy in discount prices and sell in premium...