yesterday after FOMC Gold price attracts some buying for the fourth straight day on Thursday and moves back closer to over a two-week high, around the 2056 area touched the previous day. Gold price was already up before the FOMC and after that it cant hold his main resistance 2056 and down to 2040 area which is also looking weak atm. The US Dollar (USD)...
Today XAUUSD Setup | GOLD 01st of February 2024 01 : Around BUY 2040 TP 2045 - 2050 02 : Around SELL 2050 TP 2045 - 2040 03 : Around BUY 2030 TP 2035 - 2040 04 : Around SELL 2060 TP 2055 - 2050 05 : GOLD Broke 2050 - BUY Trade 2055 - 2060 06 : GOLD Fell below 2040 - SELL Trade TP 2035 - 2030 07 : GOLD Fell below 2030 - Buy Trade TP 2025 - 2020
💹 Forex Quick Check: #AUDCHF 📉 Trend: BEARISH 🚀 Action: SHORT @ 0.56470 🎯 TP: 0.55600 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #AUDCHF. AUDCHF is in the major downtrend according to the HTF. We can see the it breaks the down trend line and then is going to retest them. There is a liquidation pool formed...
Gold is back to the news release level. Last month gold closed as an inside bar, characterised by very unclear price action. Although gold is still moving in a bullish channel, my bias has changed to bearish, at least for now, until I see strong bullish manipulation.
💹 Forex Quick Check: #USOIL 📉 Trend: Short Term Bullish Turn 🚀 Action: Long @ 75.50 🎯 TP: 81.77 t 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #USOIL. USOIL is in the newly formed uptrend. We can see that it breaks the major zone and hit the major resistance line. Now it's going to retest the mentioned major...
Dear friends, The delayed recovery of US bond yields and the greenback has pushed gold prices further away from their previous highs, reaching a new two-week high around the $2050 per troy ounce mark. The 4-hour chart also supports the upward trend. Technical indicators are higher and maintain a strong upward momentum in the positive territory. Furthermore,...
Gold prices fluctuated strongly after US Federal Reserve Chairman Jerome Powell strongly opposed expectations of loosening monetary policy in March. Specifically, at the first monetary policy meeting For the first part of 2024, the US Central Bank decided to leave interest rates unchanged but the head of this central bank, Mr. Powell, rejected the idea of...
Gold (XAU/USD) might be gearing up for a climb, showcasing a bullish channel pattern on its H1 chart. This pattern suggests a gradual increase in buying pressure, potentially leading to a breakout towards higher prices. Bullish Channel: The price has been oscillating within a channel with rising support and resistance lines, forming a Shape. This often...
– Wednesday Daily candle closed small Bullish rejecting 2055 level where Daily Resistance has been formed on Tuesday 16th January 2024. Despite Daily candle closing weak Bullish there is still a probability for price to fill the rejection and retest Daily Resistance if new Daily candle holds support above 2030s. I’ll be looking for potential Buys above 2044.900...
The FED left rates unchanged as expected and removed language talking about potentially raising rates – also fully expected. The hawkish twist came from a comment on waiting to be more confident about falling inflation. That sent the USD up, risk assets down. Then came Powell with a dovish comment – he signaled the Fed only needs a continuation of data, not...
By checking the Euro/Dollar chart, we can see that the price, based on the previous analysis, was able to fall exactly to the desired range and hit the final target! After the price reached the specified demand range on the chart, it increased again and grew to the supply range of 1.0887, which was accompanied by a heavy fall again with Mr. Powell's speech and is...
By re-examining the USD/JPY chart, we can see that based on our analysis, the price continued to fall again and brought us a total yield of 220 pips up to this moment! We can still expect a further drop after a small upward corrective movement! The new supply ranges are 147 to 147.230 and 147.400 to 147.900 respectively! Please support me with your likes and...
Hello trader The price took liquidity So I predict the price will drop down From supply
By checking the USD/JPY chart , you can see that the price is currently in the supply range of 148.45 to 149.45, and it has been accumulating in this range for several days! I think you can drop more than this range soon! I think we can soon see more fall from this range! Please support me with your likes and comments to motivate me to share more analysis with...
Gold is neutral on the 1D technical outlook (RSI = 56.363, MACD = 190.210, ADX = 36.018) with a 4H RSI that turned overbought at 70.000 intraday. This just so happened to take place exactly at the LH trendline of the monthly Channel Down as long as daily closes under the R1 level (2,062.00), the medium term trend remains bearish. Two short entries are recommended...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
HELLO FRIENDS As i can see not good ADP out come today and traders are syill betting on rate cuts so i am expecting a move to resistance zone and then it will fall its just a trade idea share ur thoughts
Hey Everyone, Another awesome day today completing our chart idea with the final target at 2055 HIT!!!! Our ema5 cross and lock above 2033 confirmed targets to 2047 and 2055 and gave us plenty of time to get in for the action. We are now seeing price reject at 2055 and will need to see EMA5 lock above 2055 to open the updated Goldturns above. We also have FOMC...