By re-examining the gold chart in the weekly and 1-hour time frame, we see that after the price growth up to $2200, the price faced selling pressure after collecting liquidity above the previous high and was able to fall even to $2162! Pay attention that yesterday I specified 3 important levels for you ($2173, $2168, $2162), which after the price reached the first...
🔖XAU/USD, H4🔖 25 March 2024 Gold prices experienced a downturn as the robust US Dollar continued to dampen the appeal of non-yielding assets such as gold. The resurgence of the Dollar, particularly following signals from several major central banks, including the Swiss National Bank, hinting at potential rate cuts in 2024, weighed heavily on the precious metal...
Sharing the algo levels for gold - cyan color is daily levels, purple levels are weekly levels and orange levels are monthly levels. The higher the timeframe, the stronger the levels. In general, above OP and PZ, bias is to the upside and vice versa.
Gold (XAU/USD) could bounce off an overlap support at 2,143.85 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 2,143.85 Support: 2,074.60 Resistance: 2,222.87 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
As inflation surged in 2022, the Federal Reserve moved to save you a wage-hike spiral with the aid of using jacking up hobby costs. Now, with unemployment edging up, the valuable financial institution is signaling a willingness to reduce costs to go off a activity-slicing spiral – although which means particularly better inflation for a while. For the primary...
#XAUUSD After gold rose to 2222, it continued to fall. The current downward trend continues to rise. The Asian market moved up along the channel to around 2178 and then fell along the channel. It is still in the channel range. 1/The war between Russia and Ukraine escalated over the weekend. 2/Gold fundamentals, sentiment eases with interest rate...
XAUUSD is still in an uptrend. It can be seen that today's gold price made a new high at the level of 2218-2222. As for the price, there may be some differences between each broker. technical view If the price cannot break through the resistance level 2222, it is expected that in the short term the price will go down. Consider selling in the red zone. >>GooD...
In this video we start to plan for the looming breakout move in $GOLD. Recently as we all know gold have moved north pretty quickly. We look for a continuation of this bullish momo or we look for a scalp idea down to $2100/$2084 area. See the full breakdown in the attached video
Gold has a good start Now , we are inside of a uptrend channel You can take your position in floor Be successful
The Federal Reserve will announce its March monetary policy on Wednesday. Experts expect the benchmark rate to remain unchanged, along with the quantitative tightening program. The focus will be on forward guidance, with the Fed likely stating that they won't lower borrowing costs until there is more confidence in inflation reaching 2 percent. The Fed may raise...
It's been a while since we've done an update on our Silver analysis as market has been in an accumulation phase. But nevertheless, we are still holding onto our Silver buy position & it is running in strong profits🦾 Currently giving us a 24% ROI (4,800 PIPS).
"The previous assumption has changed. Gold has had a powerful surge since the opening of the markets, which has broken the liquidity accumulation model. I believe that gold will continue to rise to the top as there is liquidity in the denominator. This is my analysis, and I hope it proves to be correct. Good luck!"
I hope you are all doing well and having a successful week. I wanted to share with you my analysis of the current gold market. Currently, the momentum is with the sellers and on the 15-minute frame, a bearish channel has formed. In my opinion, this will lead to decreased liquidity from the top, and the market will move towards a strong support level. I wish you...
Gold giving us a clear bullish structure but we also reached our ATH and we know price very often reaches for liquid after an ATH is reached, this does not mean we are looking for price to shift bearish but we have to keep this in mind as always, as you can see here on the chart we have liquid lows and 4 ideas of what we think price may deliver! Please keep in...
Gold keeps breaching new all time high's, after new all time high's. Luckily we're on the right side of history & buying. Also, as our 'selling confirmation' still hasn't hit, we haven't taken any losses from sells. I have moved our selling confirmation level up to $2,143 now🤞🏼 As Gold has breached the $2,200 zone, I have moved my 'Sell Target 1' up towards...
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Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Recently we have seen the price of gold push high to 2200 regions - breaking new highs and extending gains. We see divergence on the 4hr chart and possible MACD crossings on the daily which may indicate a possibly roll reversal into this week and the start of April. We remain bulls on this pair and look for pull backs taking price back to the highs with fib...