The seasonal bearish effect could come into play very soon. There are also significant technical signs we should see some sort of correction here to the downside.
Gold, the age-old haven asset, has been on a relentless ascent, captivating market players and investors alike. As Thursday unfolds, its price continues its upward trajectory, hovering around $2,225 per ounce. The XAU/USD pair finds itself in the midst of a remarkable streak, marking its fourth consecutive day of gains and flirting with record highs. Yet, amidst...
Hello LOOTERS, This is our master plan to Heist Bearish side of XAU/USD Market. Guys U can enter at above my entry zone, Our target is Red Zone that is Caution Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place you will facing sideways or Pullback to entry zone or some news pushdown to bearish side.
It was a very busy night with some new friends and some bad traders trading at a loss! Even burned the account! He wants me to help him I told everyone to be aware of the impact of tonight's data during the day! A lot of people are going to burn tonight, and if you're not sure, don't get involved in tonight's trade! Because super data is heaven for professional...
As XAUUSD broke last high and gained new highs , we ought to look for new zones " a bearish FVG has formed and as i type the market is rejecting the zone if the rejection fails market may go higher ,and if rejection is strong there may be a fall towards 2014-2011 zone bullish FVG if 2011 gets taken out market may come down giving us opportunity to get into longs...
Gold pulls away from daily highs, holds above $2,200 Gold retreats from daily highs but holds comfortably above $2,200 in the American session on Thursday. The benchmark 10-year US Treasury bond yield stays near 4.2% after upbeat US data and makes it difficult for XAU/USD to gather further bullish momentum Technical readings in the 4-hour chart hint at higher...
Long trade on Crude Oil - 1 contract Entry level on the break in of 75% Fibonacci seg 2 contract on the break in of 75.55 support price R around 6
The analysis for XAU/USD (Gold paired with US Dollar) indicates that the price is currently at a daily support level. This support level was previously a resistance level, but it has now converted into support, suggesting a significant shift in market dynamics. This conversion from resistance to support often signifies a bullish sentiment in the market. Based on...
The WTI light crude oil benchmark is currently navigating a complex landscape, trading around $83.50 amidst a convergence of factors influencing its trajectory. At present, the market finds itself within a critical juncture, characterized by the interplay of supply dynamics, geopolitical tensions, and currency movements. Recent market movements have seen WTI...
The Fed signaled they want to be cutting rates and there’s a geopolitical risk concern that continues t markets around these wars, both in Ukraine and in the Middle East, which is gold supportive,” Ilya Spivak, head of global macro at Tastylive said. “Gold prices are in a rangebound trade for most time this month and a break above current resistance level around...
Dear colleagues, I suppose that the upward movement is not over yet! The price is forming Multiple Zigzag. I expect the price to reach the support area at 79.00, having finished wave X, after which I expect the upward movement to continue at least to the resistance area - the maximum of wave C at 83.00. I do not recommend entering short positions! We are looking...
After reaching another historical the chance to balance the market is high, especially with recent days high pushes. This is a slight signal of what gonna happen sooner. I hope . . .
Dear Colleagues. I suppose that the price will continue its upward movement. After the strong news background, we have to redraw the waves. I think that the wave starts the ascending wave 3. The nearest target is the resistance area at 2222.710. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Introduction - This is a continuing series to map spot gold price action to 2360 but ultimately 5400. Details - See previous posts for how we got here. Otherwise this is the most updated trend map at this time. If it's going, it's going like this, either direction. Binary Forecasting Service's trend engine strongly favors bull outcome.
XAUUSD H1 successfully carried out a sweep in the H1 structure. If the bullish trend continues, there is a possibility of pulling back to level 38.2 Fibo retracement or level 288 Fibo extension. It is also necessary to pay attention to Chair Jerome H. Powell's interview in the Moderated Discussion with Kai Ryssdal at the Federal Reserve Bank of San Francisco...
XAUUSD entry strategy using RSI trendline & mid-band breakout, combined with Fib retracement in golden zone area.