Gold prices have been fluctuating within a range, showing a neutral trend. The price opened with a positive gap, rising from $2633 to $2676, and then corrected slightly to $2666. The 50-day Simple Moving Average (SMA) is providing support at $2671, while the 14-day Relative Strength Index (RSI) is holding well above the 50 level, indicating a potential for...
who has the courage to go on this swing with me. This will be the very first swing trade in my life time. lets sell to 1800 again. HnS + MA + SnD.
After the FOMC talk ish. Gold consolidated given mixed signals to bears and bulls Finally i see a breakout of the consolidation which i will ride to the above boxes in the chart. An update will be placed on this tread.
Has we all know the geopolitical event is still ongoing. Which gives the bulls more edge on the market. I took a long position to head towards 2024. Lets see how it goes.
Gold reached another resistance that might drop the price again. Will be watching and waiting for this fall
Gold Hit Another major resistance amidst the war, so i took a trade to hit the next support. lets see how it goes.
I see a gap in gold market, that need to be closed up, Although there is geopolitcal events, also we await news on wednesday. Therefore, im short on gold till any updates on the market happens. Feds might dump the price and all sellers smiles.
The market has been really crazy from the week start But today i guess all those madness will end.