Goldxking

Goldxking

www.tradingview.com XAUUSD short-term analysis: - XAUUSD (Gold Spot / U.S. Dollar) recently hit an all-time high and has retraced slightly. - The price is currently testing the critical support level** and the 50-period moving average (MA50). -Bearish Scenario (🔽): If XAUUSD breaks below the 2465 support falls under the trend line, and breaches the...

Goldxking

www.tradingview.com 1. Fundamental Background: - Positive News: Gold (XAU) has surged to 2424 amid favorable news. Buyers are returning, anticipating further declines in the US dollar due to imminent interest rate cuts. - CPI Report: June's Consumer Price Index (CPI) indicates a significant easing of inflationary pressures, with annual inflation falling to...

Goldxking

www.tradingview.com The XAUUSD has developed a symmetrical triangle pattern, with the price surpassing both the upper trend line and the 200-day Moving Average (MA200). The momentum indicator has also climbed above the 100.0 mark, potentially indicating the start of a short-term bullish trend. Trading Strategy: Consider a buy position for XAUUSD if it breaks...

Goldxking

www.tradingview.com The gold market is currently in a holding pattern, with traders reluctant to make premature decisions due to upcoming significant news. A consolidation below the level of 2315 is observed. A false break of support has led the price to retest the 2310-2315 range, after which traders are pausing before the news release. All attention is...

Goldxking

www.tradingview.com GOLD is challenging a robust resistance area at 2304, as well as a pullback level at 2314.7, establishing a new key resistance within the correction phase. Both technical and fundamental indicators for gold are negative; thus, a medium-term decline is anticipated. However, tomorrow's announcements, including CPI, FOMC, and the FED meeting,...

Goldxking

www.tradingview.com Gold (XAUUSD) is navigating a descending triangle pattern and has rebounded from its upper edge. The 50-period moving average adds an additional layer of resistance for the asset. If it breaks above the 2345 resistance level, it could clear the path to the 2365/2390 resistance Conversely, a rebound from the upper edge may trigger a...

Goldxking

www.tradingview.com On the 4-hour chart, XAUUSD has developed a head and shoulders pattern, indicative of a classic reversal trend. The price is currently hovering around a pivotal support level, with the moving averages suggesting a potential for further downward movement. A selling opportunity for XAUUSD may arise if the price breaks below the support at...

Goldxking

www.tradingview.com GOLD maintains a bearish stance. The price appears to be exiting the corrective phase that ensued following an unconfirmed breach of support. The market seems poised for a further decline. On the 1-hour chart, XAUUSD has broken below the trendline and is positioned beneath the 50 and 100 Moving Averages. The Momentum oscillator has crossed...

Goldxking

www.tradingview.com Gold is navigating within an ascending triangle faces the 2350 resistance level a breaching above the 2350 could propel the asset to retest 2360. targets 2357 , 2374 , 2390.

Goldxking

www.tradingview.com gold is currently trending within an ascending triangle approaching the 2354 resistance level. should it break through the 2354 maek the asset may be driven to retest the 2387 level

Goldxking

www.tradingview.com 📈 Focus on XAUUSD! 🚀 On the H4 chart, XAUUSD has tested the significant 2370 resistance, which aligns with the golden Fibonacci ratio. Technically the market is still bullish. 🔼 If the price breaks above the 2370 resistance, the next target is 2395. 🔽 If a correction happens, the price might drop to 2330 and the 38.3 Fibonacci level.

Goldxking

www.tradingview.com ; We can observe descending triangle ,If the bears push the Gold below the support at 2407, the downside target will be 2395, 2378

Goldxking

www.tradingview.com USDJPY May Rise! On the H4 chart, the USDJPY has formed a symmetrical triangle pattern. The price has broken above the trend line and is currently testing a significant resistance zone. A short-term bullish trend could be anticipated if the price manages to break above this resistance level. 🔼 Trade: Consider buying USDJPY on a breakout...

Goldxking

www.tradingview.com On the 1-hour chart (H1), XAUUSD is moving within a bullish falling wedge pattern that is set against the backdrop of an ascending channel. The price is currently challenging the upper boundary of the wedge and the resistance level at 2420. - On the upside: Should the price break above the 2422 resistance, the subsequent target is...

Goldxking

www.tradingview.com 👑 Insights on Gold (XAUUSD) 📈 Gold's All-Time High UpdateIs $2500 Next? ———————————————— Gold has surpassed its all-time high, probing the $2450 mark since the session's start. This surge could be attributed to a fundamentally weak dollar and geopolitical tensions concerning Iran. Previously, we pinpointed the end of the correction phase,...

Goldxking

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Goldxking

www.tradingview.com below 1.4800look for further downside 1.4770 & 1.4750 as targets.

Goldxking

www.tradingview.com Bitcoin has finally exceeded 65,000, giving rise to the resumption of the upward trend in accordance with the pattern formed this year on the daily chart. we can see bitcoin at the level of 74,000 in the coming weeks. Bitcoin appears to be exhibiting strong bullish signals. Increased interest and a favorable fundamental backdrop could...