⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices rise near $2,360 amid increasing Middle East tensions, benefiting precious metals. This week's focus is on the US CPI, PPI, and Retail Sales, potentially revealing economic and inflation trends. Last week, several Federal Reserve officials delivered hawkish messages; Atlanta Fed's Raphael...
The descending triangle pattern played out perfectly in the my last weekly forecast. The OANDA:XAUUSD market has had a strong rally on the last 2 trading days and looks poised to continue consolidating in the range. The support level at 2300 remains a key level, with bulls likely to step in on any pullback. Next week attention will also be on the resistance...
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the strong resistance level which is 38.2% fibo retracment level as well. The market is currently consolidating following the bullish move. We anticipate a 38.2% pullback to the support level and a trend continuation potentially making new...
We have identified the purchasing area, which is considered strong support, and it is possible to buy from an area. We believe that the best areas to buy are 2323 & 2303.
GOLD TRADING SCENARIO ON MAY 14, 2024: Strategy 1. From now until 11:00 a.m. - 12:00 a.m. Gold returns to 2232, then Buy Gold immediately TP hopes to reach 2348, which is further than 2363, but there is a condition that requires at 6:00 p.m. Gold closes above 2343 and vice versa. Gold closes below 2343, then exit Buy and move Sell direction to 2323. Sell orders...
I see a very nice bullish setup on Gold: After a test of a recently broken daily structure, the price broke and closed above a resistance line of a bullish flag pattern on an hourly time frame. I expect a pullback now. Goal - 2354 ❤️Please, support my work with like, thank you!❤️
hello guys... I think gold broke the channel and touched the middle line of the next channel at the same time it hunted (the yellow circle) the last high! (I've shown it by the dashed line!) so it is possible to touch the previous level that has been hunted! the next target is the blue area! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to support line and at once made upward impulse to $2280 support level. Then price broke this level and in a short time rose to $2430 points, breaking $2375 resistance level too. After this, price started to decline inside triangle,...
NATTY is extremely overextended and finds itself on the 0.5 Fib retracement after accumulating a substantial bearish divergence on the 4hr. After breaking out of the cup & handle, it has yet retested those areas which it will IMHO. NATTY often peaks in the middle of May which is often followed my strong consolidation into May, before it really gets going in June/July.
Hello dear traders! Overall, XAUUSD experienced impressive volatility yesterday with gains surpassing the $2350 level and reaching $2360. However, not long ago the price approached $2,380 after which it encountered selling pressure and corrected. But! At the same time a round bottom pattern that looks similar to a cup and handle pattern is gradually forming,...
Hi fellow traders, XAUUSD has reached the blue box. Look for a buy entry from this area. Target the 2397.84 level. Good luck and trade safe!
We had an upward trend in 4h and it has just broken it, so we hope that during the night it will stay in that area that is found. On the other hand in Diario we have an upward trend and the area below of purchase would be its regression to have a high probability of buying.
XAUUSD is rising toward the pivot point which aligns with the 38.2% Fibonacci retracement and could potentially fall to a support However, If break above the pivot might lead to a rise towards the next resistance Pivot: 2349 Support: 2330 Resistance: 2364 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only...
Gold prices edged higher on Tuesday, with investors closely watching the upcoming critical inflation report, which could significantly affect future U.S. interest rate decisions. "Today's modest movement in gold prices illustrates that the market remains cautious, reluctant to form a strong opinion before the U.S. data is released," commented Han Tan, chief...
i expect news to be negative for indices and Gold which will be used to anchor the retest while Gold in the long term pushes higher. 3 plays here which you can monitor
Hello dear friends, let's explore the trends in gold prices for the upcoming week! Currently, gold is undergoing a correction phase after a strong price increase over the last weekend, with the metal trading around $2,358 in the early trading hours of Monday and experiencing a slight decline of 0.11% on the day. This adjustment is unfolding as anticipated within...
Gold continued to show a volatile downward trend today, continuing to fall after breaking through the previous high-level support on the 4-hour chart. The K-line is basically close to the short-term moving average, showing a relatively obvious downward trend of shock. There is almost no sign of a strong rebound during the session, and there is no signal of a...
Hi folks today I'm prepared for you Gold analytics. A not long time ago price reached the support level, which coincided with the support zone and broke it. After this, it rose to the resistance level and broke it too, after which Gold even rose to the trend line. But after this, the price turned around and fell lower 2375 level, which coincided with the...