Gold surged to a new all-time high near $2,610 on Friday as expectations grew that global central banks will join the Federal Reserve (Fed) in easing monetary policy and cutting interest rates. Investors are increasingly turning to gold as a safe-haven asset, driven by the prospect of lower interest rates, which diminish the opportunity cost of holding...
FUNDAMENTAL - Price of Silver aside, AG is an incredibly poorly run miner. From mass share dilution to disastrous acquisitions I can not think of a more poorly run company. The stock price speaks for itself... sitting near the lows of the year despite silver at recent highs. SILVER - Silver has been behaving very weak in relation to Gold. Unless we break...
Hi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the trend line and then started to move up near this line to support 2, which coincided with the support zone. When the price reached this level, it broke it and rose a little more, but soon turned around and dropped, breaking support 2 and the trend line too. Soon, Gold turned...
The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 2,531.45 1st Support: 2,500.49 1st Resistance: 2,588.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
I've been trying some custom approach / experiment on detecting reversal play in advance stages -- and my current case study is XAUUSD. Here's how it looks. Based on weekly data, we got a thinning price line with a shifting inverted support lines (bottom lines). A good confirmation Identifier would be a complete horizontal inverted support line shift. 1950...
Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years. Traders are pricing in a 67% chance of a 50-basis-point rate cut, according to CME’s FedWatch Tool. Yet, despite growing expectations of an aggressive start to the policy easing, gold has slipped 0.5%, paring last...
The bell curve is something to learn about, this analysis is based upon the bell curve, standard of distribution, FVG points and a bit of gut feelings. After this, we will long ICMARKETS:XAUUSD
My analysis is based on a classical pattern and there was a fake 4 top, which made an impulse upwards, or rather 4 top is a trap that collects liquidity upwards and then rolls strongly downwards to collect liquidity with a strong decline into the zones I indicated and this is still an optimistic scenario.
This week for gold, we are building on the overall outcome of last week's price action, which was a new all-time high—a move we’ve been anticipating for the past few weeks. Price action remains clearly bullish and continues to maintain its upward bias across both higher and lower timeframes. With this in mind, we need to wait for a clear high to form within the...
Hi, Will we close the ascending channel in the first days of the week... If that happens we will have this scenario. This is just an idea! Be careful!
Last post was out of boredom, so now I believe ICMARKETS:XAUUSD should hit around our stop loss area, but I wanted to keep SL tight for this trade, it should move towards around 2540.
After that GOLD have reached ATH , now a correction is on the way. We must always remember that every breakout has a correction, especially in markets with stronger support. dont expect big correction, we will walk in SELL positions step by step after get confirmations
Hi, The last day of the week was intense, taking the price to yet another all-time high with this we adjusted our ascending fork This is just an idea! Be careful!
#Gold in the 30-minute time frame, the price ceiling is $2531. From every angle I look at it, all the sell orders have been cleared and the price is being corrected to take the right place and move sharply upward again to break the price ceiling of 2531. The possible forecast is drawn on the chart, but trading is done only with setup in the desired...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price trades in the range, where it long time trading near the current support level, which coincided with the support area and top part of the range. After this, the price turned around and made a small movement up, after which rose back to the support area and...
✅GOLD is trading in an Epic uptrend and now we Are seeing a massive bullish Breakout of the key horizontal Level of 2530$ which was an All-time-high too and the breakout Is confirmed which reinforces our Bullish bias and after a pullback And a retest of the new support Below we will be expecting a Further bullish swing move up LONG🚀 ✅Like and subscribe...
Hi, We are getting to something as the ascending channel indicates This is just an idea! Be careful!
Gold Technical Analysis - 12 Sep. 2024 Gold is currently consolidating between the 2516 and 2526 levels, awaiting a decisive break. To establish a bullish trend, gold must stabilize above 2526, potentially advancing towards 2543 and 2557. On the contrary, a stable move below 2516 would favor a bearish shift, with the price likely declining to 2500 and...