I think the XAUUSD can down to LL again and It will down with good job information
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We sold the news this time. Entered a small short. Just under our rule of 1:5 Risk Reward.
Equal Lows are the DOL and we are going from IRL > ERL
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest...
Looking forward for this structure. Still in bearih side. Trade at your own risk.
And now we're overbought on RSI and MFI. Dumped everything before I wrote this post. Made $4k on this stupid pump by going long yesterday, might take some of that and play for the dip tomorrow, but did well for a quick one day trade so might call it a week and go back to working on projects at home.
🔴 Resistance - 2372 🔴 🚀 Target - 2383 - 2393 🚀 🟢 Support - 2368 🟢 🚀 Target - 2358 - 2343 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
So as per previous forecast for Crude we are bearish bias. We have come to the weekly wick ce again and come CME or NY open I am anticipating a retracement that respects the FVG marked in the chart... Sure sometimes price might 'mowhawk' above like sense says. Be patient and wait for price to make a MSB on at least the 5min before using your entry model to target...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
For My Advice now is , can do scalping if in the zone of 2361-2372 (20-30 pips close) Because the news the whole chart and market need time to reset back the technical moving! which is the moving is bullish , but now because of the cpi become not clear and changing to bearish ! so dont overtrade , save your capital when the market stable and trade! if want to...
In Asian hours on Tuesday, May 14, spot gold traded in a narrow range, currently trading around 2341. Gold fell 1 percent on profit-taking to settle at $2,336.10 an ounce on Monday as investors awaited key inflation data this week for more clues on a U.S. interest rate cut this year. In addition, Federal Reserve Chairman Jerome Powell will also speak in the day,...
Oil prices fell early Tuesday after a report that U.S. inflation was higher than expected reduced the chances of a U.S. interest rate cut. At the same time, Opec maintained its optimistic forecast for oil demand in 2024. West Texas Intermediate (wti) for June delivery fell $0.47 to $78.65. Brent crude, the international standard for July delivery, fell 46 cents...
On Tuesday (May 14), Federal Reserve Chairman Jerome Powell said that there is less confidence in inflation coming down than before. But he stressed that he did not think the next move was likely to be an interest rate hike and that it was more likely to keep the policy rate at its current level. Powell said the U.S. economy is doing very well and has a very...
Gold rebounded today relying on support near 2332, and the European market rebounded to around 2348. At present, the long and short positions are not very clear. 2355 is the key and watershed. The short-term trend is somewhat strong, and there may be an upward impact test in the evening. At the top, focus on the key watershed of 2355, and on the bottom, focus on...
Possible buy for GOLD The market is currently bullish based on Higher TF Currently testing fib level. Lets see how it goes
On Wednesday, the price of gold (XAU/USD) saw an upward trajectory following the release of notable economic data. Specifically, the US Consumer Price Index (CPI) and Retail Sales data for April came in lower than economists' expectations. This unexpected downturn in economic indicators has led to speculation that the Federal Reserve (Fed) may take measures to cut...