Although interest rates are still remaining high, gold prices are remaining stable and history has proven that gold prices will respond positively to lower interest rates and quantitative easing. Besides, geopolitical risks and unexpected crises can also be the reason to push gold prices higher. Despite record high interest rates, gold shows notable upside...
Base on CPI last night , strong USD cause Gold to melt down. Time for correction??. I think not to reach 2200 at this moment. Selling pressure is in Control. STILL BUYING ZONE 2155 - 2151 SELL ZONE IN TRENDLINE ABOVE Goodluck Traders
Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the consumer price index (CPI) in February in the US increased by 3.2%, 0.1 percentage point higher than the market expectation of an increase of 3.1%. CPI increased slightly, making investors worry that inflation in the US...
I think the gold market will have a rhythm and turn up again
Gold prices are hovering near record highs, reaching close to $2,200 USD/oz last Friday. The precious metal's momentum is pausing as investors await a pivotal US economic data release. The US Department of Labor is set to unveil the February CPI report on Tuesday (3/12). Economists surveyed by Dow Jones anticipate a 0.4% month-over-month increase in CPI for...
After peaking at 1,282 USD/ounce, the world's gold price today, March 13, was sold very strongly when inflation in the US increased slightly and the USD increased in value compared to many other foreign currencies. Gold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the...
The disciplined Trader How to enter the CHART ?? 1. Look for candle to cross our zones 2. If the candle crosses above our zone and closes above then take buys ( look no 4.) and vice versa 3. Look for 1hr candle confirmation / 15/30 mins TF for entry during Asian session and 30 mins TF confirmation/ 5/15/30 mins TF after london session. 4. Always wait...
In the domain of commodities, gold remains an enduring symbol of wealth and stability. Recent shifts in the precious metals market have sparked renewed interest in gold, captivating the attention of investors worldwide. From economic uncertainties to geopolitical tensions, various factors influence gold's price fluctuations and market dynamics. As investors seek...
"Hello everyone, let's dive into our strategy for this week and the fresh start of the day! It's evident that XAUUSD experienced a significant uptick yesterday, surpassing the $2055 mark. Currently trading at a new high of $2081 after reaching $2088, what factors propelled this currency pair? Regarding influencing factors: Gold prices soared to their highest...
monthly is bullish , weekly bullish daily bullish. here we have a CP demand, 2 ERC with consolidation away.
GOLD has sell off and is in deep profits, Gold has failed to break the bullish flag pattern causing it to crumble.
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 11 Mar 2024 Trade Idea 1 Buy LIMIT Order: $2179.51 Stop Loss: $2163.53 Take Profit 1: $2195.24 Take Profit 2: $2206.43 Trade Idea 2 Buy LIMIT Order: $2169.79 Stop Loss: $2153.81 Take Profit 1:...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 12 Mar 2024 Trade Idea 1 Buy STOP Order: $2183.68 Stop Loss: $2177.98 Take Profit 1: $2189.13 Take Profit 2: $2193.01 Trade Idea 2 Buy LIMIT Order: $2180.31 Stop Loss: $2174.61 Take Profit 1:...
– Tuesday Daily candle closed strong Bearish forming Daily Resistance around 2182.900. I’ll be looking for potential Buys above 2166.100 targeting previous 1h Support formed around 2173.900 and Daily Resistance around 2182.900. I’ll be looking for potential Sells below 2153.000 targeting 4h Support around 2145.800 and 30min Strong Support around 2138.800. There is...
XAUUSD Pivot Point 2168 If the price is higher than the pivot, open long, TP1 at 2175, and TP2 at 2196, cut loss if the price is lower than the pivot. If the price is lower than the pivot, open short, TP1 at 2142 and TP2 at 2125, cut loss if the price is higher than the pivot. *** Please money management***
gold change the trend in lower time frame d1 is evening s=candle stick pattren trendline rejection on it so we can sell on it
Gold suprised mostly because of non reasonable rocket fly. Now i see clear picture that it is going to correction. I usually use fib tool to understand where it can go. Gold very volatile and as it started correction journey it usually touches fib 50. On my previous analysis my bias was bearish and i am keeping my thoughts same.
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...