In the h4 time frame, it is moving in a descending channel, which is currently supported in the midline of the channel and the green box area, and can continue its growth up to the neckline and the supply area. 💎 Then, with a pullback, it will continue to grow by breaking the channel to the next supply area and filling the FVG gap. 💎 In addition, if the range of...
Federal Reserve Chairman Jerome Powell said he was less confident than before that inflation will come down. However, it emphasized that it does not believe that the next step may be to raise interest rates, and is more likely to maintain the policy interest rate at the current level. The U.S. economy is performing very well and has a very strong labor market....
After CPI market has priced in the negative CPI numbers, I expect a drop to the 2304 level and below. Use proper risk management. Cheers
Vow what a wonderful day Again our golden area made us 210 pips from its potential area Nice strategy
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
We went long at 2338.45 after the news broke on PPI m/m data. Tight stops as trading news can be extremely volatile and risky. A conservative take profit is sitting at 2361.83 with another TP at 2370.30
www.tradingview.com If the price break below 2360, the next target will be at 2349/2348, other senario if the price get rejected from the previous support level he can bounce up to reach the 2400 level.
XAUUSD Demand and Supply Zone | 4H Timeframe HEY Traders ! hope you are doing well - This prediction is based on Technical Analysis - Supply and Demand Zone path elaborated - Gold touched the supply zone and clearly rejected to now in a bearish circle - Usd High Impact news are Waiting to moving gold volatile - Our Target and Our Trend as Shown in our...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a few moments ago entered to upward wedge, where it at once made a strong upward impulse from the support line to the resistance level, and even soon broke it, breaking the support level also. After this, XAU rose a little more, after which made a correction...
Gold New Forecast The price of XAUUSD (Gold) is expected to be volatile today due to the release of the CPI news. The movement will depend on the results: if the CPI is higher than expected, it typically indicates rising inflation, which could lead to increased interest rates and potentially cause gold prices to fall. Conversely, if the CPI is lower than...
By analyzing the gold chart in the 2-hour timeframe, we observe that after the price drop to $2332, there was a demand surge, allowing the price to rise to higher levels as expected. After the price entered the Bearish BB zone at $2372, we saw a price drop to $2368. Currently, the price is trading around $2370, and in a few hours, we will have the important US CPI...
Upon reviewing the gold chart in the 2-hour timeframe, we observe that the price, following last night’s analysis, has rallied once again, soaring to $2319! However, it wasn’t long before it encountered selling pressure and has corrected to $2307 as of this moment! As I mentioned in the previous analysis, the significant demand zone for gold lies between $2303 and...
Trading Setup: A Trading Signal is seen in the Gold XAUUSD (h1) There is a Trading Signal to Buy in EURUSD Currency Pair. Traders can open their Buy Trades NOW ⬆️ Buy Now or buy on 2349.9 ⭕️SL @ 2326.0 🔵TP1 @ 2424.2 🔵TP2 @ 2470.0 🔵TP3 @ 2524.3 #Signal #forexsignal What are these signals based on? Classical Technical Analysis Price Action Candlesticks...
Hi Traders we just hit our last Tp running 130+ pips massive profits. for NASDAQ trade still Invalid we have not closed below our recommended level. we not gonna take trades
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
15th May - CPI news release DXY: Likely to consolidate at support area 105 Higher CPI >3.7, DXY trade higher, to 105.50 (confirmation at 105.20) Lower CPI <3.2, DXY trade down to 104.55 NZDUSD: Sell 0.6070 SL 20 TP 40 (DXY strength) AUDUSD: Buy 0.6666 SL 20 TP 60 (DXY strength) USDJPY: Look for reaction at 155.50 Buy 155.85 SL 30 TP 110 Sell 155.30 SL 40...
Gold is just an adjustment in the short term. The bullish trend has not changed yet. The correction has been in place. Buy directly at the current price of 2340! After the opening of the market, gold continued to adjust weakly, stepping back to the support of the 2340 area. After the short-term dip, it continued to be bullish. Gold has begun to step back to the...
Another drop incoming on GOLD. Sell from this levels 2348, stops above 2360 and targets at 2304. Use proper risk management. This is phase two distribution. Cheers my friends