Good evening gold gang! hope you're well and had a good day! .. again i took some great wins following my analysis and a couple losses too! its all part of the game Right now we are in the buy zone ive had marked up .. im hoping now we move up during the asian session ... failing that .. a close on the hour higher, below the algo to take sells down to the next...
XAUUSD Gold D1 – Consolidation is visible at the lower line of the channel, which may indicate the potential completion of the 1st wave on W1 and the beginning of a correction with the potential for a fall to the level of 1910.00. H4 – for a more understandable entry and trading within the corrective 2nd wave on W1, it is better to wait for a retest of the...
Gold prices declined for the third consecutive day, setting a new weekly low on Wednesday. Safe-haven demand diminished, and the looming shadow of the Fed's hawkish stance continued to weigh on the precious metal. China's economic woes might provide support for the safe-haven asset ahead of the Fed's decision. Short-term technical outlook for Gold favors buyers,...
In the European market on Tuesday, spot gold maintained its intraday rebound trend, with the price of gold now trading at around $1,998 per ounce. Gold's bullish potential remains intact. Gold prices are gearing up for the next round of gains. Additionally, ongoing geopolitical tensions between Hamas and Israel, as well as jitters ahead of the Federal Reserve's...
Gold is rejected from 2000 $ once again and in 1H time frame it’s reaching 1978 $ and reach to sell side liquidity. Now if the price wouldn’t reach higher than 1984 $ the trend is bearish and we could see lower prices like 1963. But if the price conforms above 1984 in 1H chart then the trend is still bullish and we might see 2000 again.
Gold (XAUUSD) is falling towards a pullback support and could potentially reverse from here to bounce higher towards our take profit target. Entry: 1963.09 Why we like it: There is a pullback support level that aligns with the 23.6% Fibonacci retracement level Stop Loss: 1932.43 Why we like it: There is a pullback support that aligns with the 38.2% Fibonacci...
Gold experienced a drop in value yesterday, breaking a three-day streak of price increases. Nonetheless, the drop was relatively minor as indicated by the narrow range of the daily bar (D1), suggesting that the downward pressure was not substantial. The D1 bar from yesterday still closed above the upper boundary, indicating that the market remains overbought and...
Dear friends, Unable to surpass the $2,010 resistance level, gold experienced a loss of several dollars, declining by 0.18% throughout the day. At the time of writing, gold is trading at $1,978. Regarding market news: - The international gold market weakened after a decline in US consumer confidence. This has prompted an increased demand for holding USD,...
Please consider and calculate loss before profit and manage risk properly We are trying to enter support and resistance areas with the lowest amount of stop loss and the highest amount of expected profits If this idea suits you, please like and follow me thanks
Hello, wonderful Karina friends! What do you think, will the price of gold increase or decrease today? Currently, the price of gold is fluctuating around $1995 at the start of the trading session. Although it has slipped below the $2000 mark, it still maintains stability at a high price level. Despite the increase in US bond yields and the strengthening of the...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Wave and Corrective Wave " abc ". Bearish Channel in Short Time Frame and Breakout the Upper Trend Line and Completed the Retracement for Channel and Break of Structure Entry Precaution : Wait for the Proper Rejection Price Action
new shopping opportunity in eurusd likely to be activated in the London session after manipulating the Asia session, advice: manage your risk and for more information do not hesitate to ask in the comments
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Triple Top Pattern as an Corrective Pattern in Long Time Frame. CHoCH and Break of Structure. Impulse Correction. It is in Consolidation Phase if it Breaks the Upper Trend Line and Retest then Buy and If Breaks then Sell Entry Precaution : Israel / Palestine War can make a Huge Impact on market
– Previous Daily candle closed Bearish around 1983.800 respecting Daily Resistance formed on Monday, October Monthly candle closed extremely Bullish breaking and closed above Monthly Resistance formed in August 2023 closing just below Monthly Resistance formed in May 2023, Forming Strong Monthly Support around 1848.000 – Buys on close above 1987.000 targeting 1h...
Every time XAU/USD has reached the $2,000 range, which is a very important resistance, in the past, after testing this range, it has suffered a sharp drop in value, but today, due to the passage of time and many encounters with this resistance range, it can be He examined the fate of gold a little more closely. If the United States of America officially...
XAU-USD broke the support Cluster of the rising and Horizontal levels at 1991 And the breakout is confirmed So I think that we will see A further move down !
Price has been trending up for a couple of weeks now, and it is nearing my projected end at 2015-2020 where there's an Order Block The effect of the war which assisted GOLD in pushing up so fast is wearing off I believe so we should get a rejection at the area drawn, and Price would head towards 1888. At the moment, GOLD is still making series of higher highs...