#XAUUSD currently exhibits a bearish bias on the daily timeframe. Market Overview: The daily chart reveals a significant break of market structure to the downside. This breach is characterized by lower highs and lower lows, signaling a shift in sentiment and potential weakness in gold prices. Intraday Opportunity: Traders should closely monitor the 61.8%...
A good situation of gold in the forex market - Divergence of the RSI indicator with the price - Conflict below the midline of the ascending channel - The conflict under the 2031 resistance - Candle of the hanged man - The relative decrease in the volume of transactions This is not a buy or sell offer Please check according to your capital management and technical...
Hello In my opinion we will see huge drop in next days
Gold is visible as a hedge in opposition to financial and geopolitical instability, even as better hobby prices lessen the enchantment of protecting non-yielding gold. Most policymakers on the maximum current assembly of the United States Federal Reserve (Fed) have been involved approximately the dangers of decreasing hobby prices too soon, with uncertainty...
Yesterday's speculation that the Federal Reserve would cut interest rates in March did not materialize. This morning, gold prices opened on the market at $2027 per ounce, showing little change from the previous session's close. Today's gold price movement is expected to remain stable as investors have yet to find significant insights from the Federal Reserve's...
Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 2015.16, which is an overlap support that aligns with the 38.2% Fibo retracement. Our take profit will be at 2031.38, a multi-swing high resistance. The stop loss will be placed at 2001.99 which is an overlap support level that aligns with 61.8% Fibo retracement. High...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2031, which is an overlap resistance that closes to 127.25 fibo extension Our take profit will be at 202, a pullback support level. The stop loss will be placed at 2039, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
Strong data leads to upgrades to growth projections for Canada and the US by 2024. Strong growth comes with discovery costs. Enjoying the easing of growth in the United States, stronger growth is leading us to push the first reduction into the third quarter of this year to reach a total cut intensity of 100 basis points. Stronger growth in Canada, strengthening...
Dear friend, what do you think about the trend of Gold? Today, the price of gold is at its highest level in many days, reaching $2,030 before the Fed's minutes. The US dollar remains weak against the interest rate of the US Treasury, despite the gloomy risk sentiment. My target after a slight decline in the gold price towards the support level of $2019 (which...
Gold price today is moving around $ 2028 and is supported in the context of a British cargo ship attacked in Yemen. Since then, financial investors are concerned about escalating geopolitical tensions, motivating them to bring capital into gold to preserve capital. On the other hand, the market expects the gold trading will be exciting when China's leading...
– Wednesday Daily candle closed weak Bullish as price keeps on consolidating on the 4h timeframe. I’ll be looking for potential Buys above 2031.000 targeting Daily Resistance at 2036.000 and 1h Resistance around 2042.600. I’ll be looking for potential Sells below 2021.900 targeting 4h Strong Support around 2016.900 and 1h Strong Support around 2011.700. The...
Good evening traders, here is my projection for gold. I believe market makers will give traders the opportunity to buy up gold into Asia and then sell off for London. Allowing NY traders to pickup gold... More on that later. For now here is the projection from the Open and what I see developing for gold. Follow for more, like and comment. Let me know what you think!
Hello Today I analyzed the EURUSD currency pair very carefully - in my opinion, we will see huge drop, this is not investment advice.
✅GOLD has retested the Broken rising support which Is now a resistance and we Are seeing a bearish reaction So I think that a further Move down will follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hi guys, On EURAUD, buyers are tired and price is reached to high level of descending channel and we could see a powerful static resistance. So you could sell it on 1.661-1.663 RR1:3 TP1 1.631 (midle of channel) RR1:% TP2 1.601 SL 1.672-1.673 We glad to see your opinion.
As you can see the price grabbed the previous day's low liquidity and had a bullish reaction. So we can expect the price to go for a higher target. Please pay attention: we need LTF confirmation for entry. 💡Wait for the update! 🗓️21/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Resistane 2030.84 2029.93 Support 2015.74 2015.10 Fib .50 level 2022.88 Point of Interest 2040.55 2005.21 Waiting for GOLD to break the daily high or daily low to take a possible entry. Using the Fib .50 level to determine the TP.
Hey Everyone, Our 1H chart idea is truly respecting our levels alongside our updates throughout the week. After hitting 2021 and 2026 yesterday, we advised of the lock above 2026 leaving 2031 open with potentially 2037. - 2031 was hit perfectly!!! We also advised that we had 2026 and 2021, as correctional retracement support zones for a retest. - Both of...