Hello Traders, here is the full analysis. The completed correction, recovery and formation, continuation of growth. GOOD LUCK! Great BUY opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
Seen a very nice bullish push up on Gold today, with market moving 200+ PIPS. Still expecting a slow & gradual move into our $2,100 POI before we consider shorting the market back down again & buying it back at a cheaper price!
My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 2048.7 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal -2032.0 My Stop Loss - 2057.1 About Used Indicators: By the very...
World gold prices increased with spot gold increasing by 10.7 USD to 2,034.9 USD/ounce. Gold futures last traded at 2,045.5 USD/ounce, up 14.5 USD compared to yesterday morning. After a series of stable days, world gold increased on Friday thanks to the weakening of the USD and increased safe-haven buying due to concerns related to developments in the Middle...
Closing the weekend trading session, world gold price stood at 2,035 USD/ounce, a sharp increase of 22 USD/ounce compared to last week's closing session. For the whole week, gold prices increased by 1.4%. The bulk of gold's gains came on Friday as the precious metal was boosted by safe-haven demand and weakness in the greenback. In the context that the US Federal...
With all the excitement this week for the US stock market, and Nvidia in particular, gold has been left on the sidelines waiting for a macro boost. Next week's economic calendar has a host of potential movers with next Wednesday's US Q4 GDP and Thursday's core PCE release the two most likely candidates for a boost. price action. In recent weeks, the Federal...
Gold is currently in a descending channel on the 1-day timeframe, having reached the ceiling of this channel! It previously had a broken uptrend that it collided with! It seems this range could serve as an energy point, initiating a downward movement with short-term targets of 2035 - 2028 and long-term targets of 2012 - 2000 - 1998!
EURNOK is currently in wave 4, which appears to be a flat correction. Flat corrections consist of 3(A) 3(B) 5(C) subwaves. We are currently in wave C = 5 subwaves. We are anticipating one final move down to complete wave C. Trade Idea: - Enter on break of trendline or signs of reversal - stops above blue structure or above price once entry trendline breaks -...
Dear ZTraders, We have seen the inflation data that showed a decrease in inflation year on year. We can now expect a weaker dollar and also a stronger gold. Let us know what you think about our idea. Greetings, ZTrades
Hello,Friends! We are targeting the 2016.542 level area with our short trade on GOLD which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago rebounded up from the seller zone and rose to 2088 points, after which it turned around and started to decline in a downward channel, where soon price declined to the 2060 level and broke it. Then Gold declined to the support line, after...
By checking the gold chart in the 4-hour time frame, we can see that the range of $2038 is still preventing the price from rising further, and yesterday, after falling to the range of $2024, gold again moved up to the specified supply range. And even today, the reaction to it has been negative! Currently, gold is trading in the range of $2031 and may correct to...
Gold stays above the $2030 level, supported by falling Treasury yields. The broad pullback in precious metals markets did not put any pressure on gold in today’s trading session. In case gold settles above $2040, it will head towards the resistance at $2065 – $2075. - The current situation is that GOLD is still in an increasing channel H4 and is gradually...
In Thursday's European session, GOLD continues to trade within a narrow range, a pattern established after a recent rebound in the 50% to 61.8% Fibonacci retracement zone. Investors are eagerly awaiting fresh insights into the future trajectory of interest rates, with the precious metal's movement hinging on upcoming economic indicators. One key metric that will...
Today, the key market trend on Thursday is in the U.S. market. The U.S. inflation PCE data will be released in the U.S. market, which is expected to have a greater impact on the temporary shock state of gold. From a structural point of view, 1H presents a standard flag-shaped finishing structure. The focus of observation today is whether this flag pattern...
gold forecast. We believe that 3 downward waves have been completed after 5 upward waves since October 2023. So we would now be in a new wave to the upside, targeting 2150.
-This week I've had an overall bullish bias for Gold to head to the PWH after we put in a fractal swing low on the weekly, confluence with wicking below several weekly lows. -Although today's Daily candle close isn't super strong, I'm still leaning towards looking for longs. -Daily candle rejected from the Daily +OB again, and also failed to displace and close...
#SILVER.. market very well hold your supporting area in yesterday and now again near to his supporting area. keep close this because i told you already that its market final supporting area in day and week chart. in case of holding this area can lead you again upside areas, otherwise below that level buying will be invalid. dont be lazy here... good luck...