Get started

Tradingview

XAUUSD major support and resistance for the daysupport: 2348 2337 2327 2322 2312 2306 Resistance: 2365 2374 2388 2395 2404 2412 2421 The bottoming sign in the 1D timeframe is clear, but the upward momentum still falls short of expectations. If a strong uptrend forms today, we could see a high of 2,370 in the 1D timeframe, after completing this uptrend, we will then assess whether there will be a correction or if the bullish trend will continue. In the 4H timeframe, it is just lacking a bit of momentum for an uptrend. With another rise on Thursday to break through 2,342 and the Bollinger upper band widening, it will form a strong uptrend. This could lead to a significant surge, and combined with the target in the 1D timeframe, we could see a rise of about US$30 this week. like boost follow us for more market updates
OANDA:XAUUSD
by realmillionairefx
GOLD - if trade in range then expected range. #GOLD.. we guys market perfect move as per our video analysis. and now we have 2 areas and if market will trade in range then that is your range. upside we have 2365 66 in hourly chart and downside we have 2358 in hourly chart as well. no doubt flash services and flash manufacturing PMI data on table but if market will trade in range then these areas is your range area.. until market closed either side. good luck trade wisely
FX:XAUUSD
by AdilHussain731333
xauusd high volatilityFundamentals Over the past six months, despite the Fed holding off on rate cuts, high US bond yields, and a strong dollar, both gold and silver have set multiple records. Even skeptics must acknowledge the impressive performance of these metals. Much of this resilience is attributed to sustained central bank buying, with further purchases expected to characterize the second half of the year. Notably, central bank purchases are coming from various countries, enhancing gold's relevance as a reserve asset. Should the Fed and other major central banks initiate rate cuts, it would improve the overall sentiment for gold by year-end. Meanwhile, broader risks that could stimulate safe-haven demand remain, including the US presidential elections, escalations in Middle Eastern or Russo-Ukrainian conflicts, and potential volatility in globally bullish stock markets if their robust performance falters. Can Gold Prices Continue to Rise Despite Repeated Pressure on Bulls?_1 Technical Analysis Gold prices edged slightly higher on Wednesday, but remained below the critical resistance level of $2,345. While further upside is constrained, bulls continue to maintain positive momentum. Technical studies on the daily chart indicate bulls have successfully held above the upper boundary of a triangle consolidation pattern, suggesting any price retracements in the short term will find support at this level. Meanwhile, the sideways consolidation is expected to sustain upward momentum from this level. On the flip side, breaking below $2,324 could open the path to retesting support near the lower Bollinger Band around $2,306. A drop below $2,286 could trigger a stronger downward acceleration, as this would complete a failed swing pattern and an asymmetric head-and-shoulders pattern. Overall, bulls face repeated pressure but the upward structure remains intact. We continue to anticipate opportunities for bulls to push higher before bears take control. Buying on dips remains the preferred trading strategy
OANDA:XAUUSD
by realmillionairefx
SILVER - back for again top? Or not??#SILVER .. in yesterday our area was 29.60 to 29.65 And you can see market hold it for 3 or 4 times. And then market broke that level and placed around 29.80 as day high As you know that yesterday was bank holiday in USA means no major data or no major move. Now we have 29.90 as a important major resistance for silver. 29.90 will play key role in today with important data's in table. So keep close 29.90 it will your area for tomorrow. If market hold it then a drop expected from here. And if not then not at all. Only area 29.90 Good luck Trade wisely
OANDA:XAGUSD
by AdilHussain731333