Federal Reserve Chair Jerome Powell expressed reservations about the trajectory of disinflation in the US during his recent remarks, stating, "My confidence in that is not as high as it was." Despite this, he indicated that further rate hikes were unlikely based on the data from the first quarter of the year. Powell's comments largely echoed those made during...
📈 Gold Analysis & Key Levels for Next Week 📉 🔹 Resistance Levels: 1. Resistance 1 (2347 - 2360): 🛑 Sell Zone 🛑 2. Resistance 2 (2397 - 2432): 🚫 Strong Resistance 🚫 🔸 Support Levels: 1. Support 1 (2227 - 2267): 💰 Buy Zone 💰 2. Support 2 (2222 - 2189): 📉 Critical Support 📉 3. Support 3 (2143 - 2163): ⚠️ Deep Support ⚠️ 💡 Trading Strategies: - **Pullback...
Vow Our golden area made a move to tp for us We long it from that area by almost 210 pips tp
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....
Waiting for PPI release , elliot waves on the chart im waiting for Price to Hit 2355-2362 im looking for sells over there , :) Gl bois
Hey Everyone, Great day on the chart today catching the move up form support inline with our plans to buy dips. Yesterday after break and lock confirmation below 2357, we got our retracement target hit at 2337. We then highlighted, as per the chart arrow our expectation for a bounce back into 2357. - This played out perfectly for the bounce into 2357 today. We...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel in Short Time Frame
Gold probably is forming an expanding ending diagonal / wedge pattern now while waiting for US CPI on 15 / May/ 24.
Gold trading setup strategy and discipline : institutional tactics If you like my content please hit the like button follow , sucbcribe and show some love wish you good luck and good trading
After gold's short-term rebound to 2348 today, the rise has stalled again. So does gold still have the potential and willingness to go up? In fact, judging from the current market, I personally prefer to be bearish on gold. And I have also shorted gold above the 2346 position. As far as the recent structure of gold is concerned, although gold has recently hit...
Hi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” Let’s jump into the Technical Analysis: WEEKLY TEMPLATE (1hr chart): The last Thursday and Friday we saw gold performing a...
Gold has seen a short-term rise as a safe haven, but it still has not broken through yesterday's US high. In the short-term, it continues to be bearish. The current price of gold is 2348, which is directly short! Gold's 1-hour moving average began to turn, and the momentum of bulls began to decline. Risk aversion was still under pressure in the afternoon. The...
My dear friends, My technical analysis for GOLD is below: The market is trading on 2360.5 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2335.4 Recommended Stop Loss - 2376.9 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used...
XAUUSD 1H Projection Both view for gold Both possibilities
xauusd trading around 2345 .. we are anticipating it to drop a bit towards 2320 mentioned area and then ftom there we can see again a rallly towards 2400 .. lets see good luck
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined to support line and at once made upward impulse to $2280 support level. Then price broke this level and in a short time rose to $2430 points, breaking $2375 resistance level too. After this, price started to decline inside triangle,...
According to my analysis and according to what you taught me, Tamas : Scenario 1 : If CPI comes negative on Wednesday, it could lead to deflation concerns, which might prompt the Federal Reserve to consider cutting interest rates to stimulate economic activity and prevent deflationary pressures. A negative CPI could indicate a decrease in the general price...
Since the opening of this month, the market price has fallen back to test the support around 2282 three times. Each time, there has been a rapid pullback. After falling to 2292 on the previous trading day, it failed to fall further. Instead, it turned back higher, and the rise was obviously faster than the fall. . At the same time, after the market continued to...