Hey Everyone, A great week tracking the entire move up completing all our targets, which followed with the rejection today with a massive tank below 2390 Goldturn all the way down into the retracement range completing this full setup. EMA5 is now testing this level and will need a cross and lock below 2310 to open the swing range or failing that a support...
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...
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...
Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) . According to Elliott's wave theory , Gold is completing its next 5 downtrend waves . It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel. I expect Gold to continue falling to the next Support zone($2,272-$2,248) . Gold...
Hey Everyone, A PIPTATSIC finish today starting with our 2359 target HIT!!!!! We called this target yesterday, and the day before to complete this range This target followed with the cross and lock above 2359 opening 2374 and potentially 2390 at a stretch. 2374 was also hit today with a dip back to 2359 for support and then buying dips inline with our plans for...
On Friday, June 7, spot gold fluctuated in a narrow range and is currently trading around $2,378.64 per ounce. Gold prices climbed to a two-week high on Thursday, closing at $2,375.60 per ounce, as weaker-than-expected U.S. employment data ignited hopes that the Federal Reserve would cut interest rates later this year, and the market focus turned to the...
XAUUSD NFP DAY ANALYSIS 7-6-24: Spot Gold Prices and Market Movements Current Trends: Spot gold prices have surged to $2,387, indicating hawkish market movements. However, with the opening of the UK session, a retracement to a low of $2,340.92 has already been observed. Upcoming Data: Looking ahead, the release of the Non-Farm Payroll (NFP) data on June 7, 2024,...
Gold price plunged by $50 before the data, and there are signs of stopping the decline in the short term. This wave of plunge is very likely to digest the data in advance, so I personally prefer a short-term rise; Light long position, target around 2350. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
Gold prices rose more than 1% on Wednesday after weaker-than-expected U.S. private employment data reinforced expectations that the Federal Reserve will cut interest rates later this year, and U.S. Treasury yields fell. In addition, the Bank of Canada cut interest rates by 25 basis points on Wednesday, and the market expects the European Central Bank to cut...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish which is the strongest confirmation yet that swing pullback is complete. We are now expecting price to pullback. As price has traded higher the CHoCH has been repositioned closer to current price action. We are now trading within an established internal range. Intraday...
💥Gold is trading around 2336. Gold prices managed to hold above multi-week lows touched on Monday. The Fed's interest rate cut bet will limit the USD's recovery efforts and support the metal. Traders are now eyeing the US ADP report and ISM Services PMI for fresh impetus. 💥The market is currently waiting for the US jobs report for May, which will be released this...
On Wednesday (June 5), despite the strengthening of the US dollar, spot gold still rose by more than $28. Analysts pointed out that the increase in expectations of the Federal Reserve's interest rate cut and the decline in US bond yields provided upward momentum for gold prices. In addition, tensions in the Middle East stimulated gold prices to attract...
Great results from the previous GOLD technical analysis! Here we go for the second round! Need more of this? Follow us on Instagram (Link provided in the Bio) www.instagram.com Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk...
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...
Gold prices fell more than 1% on Tuesday as the dollar stabilized ahead of this week's U.S. jobs data, which could set the tone for the Federal Reserve's interest rate strategy. In addition, the increasing possibility of a ceasefire in the Middle East also suppressed the safe-haven demand for gold. Against the backdrop of a slight rise in the US dollar and a...
The pressure position of gold before yesterday is near 2359 and 2363, this position in today's white plate is a new strong support, but also the white plate we rely on it to buy the opportunity, in addition, the daily line shows that this position is also on the break of the form of support, today there is a need for inertia, the current above can not see the...
Greetings, Traders! In today's video, I will provide an in-depth analysis of Gold to establish what I anticipate for today's trading, as well as for tomorrow, especially with the upcoming NFP news release. This video will be both narrative-driven and educational, covering the Fair Value Gap (FVG) theory. You will learn how to identify high-probability FVGs, which...