This week in gold, we have the potential for another sell-off through trendline liquidity, as we’ve seen before. However, all price action is trending upwards, making this our main scenario. As shown on our chart, we have a liquid high that is close to the current price, with liquidity built up below the lows. We know that on a high timeframe, we are strongly...
Gold Futures Surge Amid Middle East Tensions and Fed Rate Cut Speculations Gold futures soared to a new all-time high last week, driven by escalating tensions in the Middle East and increased expectations of a Federal Reserve rate cut. The geopolitical situation remains highly volatile, maintaining a bullish outlook for gold prices. Technical Analysis: Gold ...
GOLD Price dropped perfectly as we mentioned in the previous idea For Today the price will trade between 2378 and 2356 till breaking, as long as trades under 2378, the means will continue dropping to get 2356, and reversing should stabilize above 2379. Bullish Scenario: The price should stabilize above 2379 by closing 4h candle above it, to be bullish trend...
our yesterdays analysis on xauuad was perfect and all our signals hit take profit. today the market is going to have various news and these news are going to put market in volatility. ▶️Long positions above 2319.00 with targets at 2337.00, 2348 2355 2362 2376 2385 ▶️Below 2319.00 look for further downside with 2311.00 , 2306 2296 2288 2282 Supports and...
Technical Analysis: Gold The price reached our fully bearish support which is 2292 as we mentioned and reversed, again... Current Outlook: The trend remains bullish today, with the price stabilizing above 2302. As long as it stays above these level, it is expected to reach 2323 and 2337. Bullish Scenario: As long as the price trades above 2302, it is...
Technical Analysis: Gold Current Outlook: The trend remains bullish today, with the price stabilizing above 2320. As long as it stays above these levels, it is expected to reach 2337 and 2342. Bullish Scenario: As long as the price trades above 2320, it is likely to maintain a bullish trend towards 2342. Bearish Scenario: A 4-hour or 1-hour candle...
the last week our prediction of xauusd become 100% true, for monday we are posting a simple buy and sell target. more detailed analysis will be followed. buystop ; entry 2322 tp2332 sl better to hedge sell stop entry 2320 tp 2312 sl better to hedge The US Dollar emerged as the clear winner on Friday, buoyed by a robust performance in the latest S&P Global PMI...
Technical Analysis: Gold The price has risen from 2323, as mentioned yesterday, and has successfully reached our target of 2357. Current Outlook: The trend remains bullish today, with the price stabilizing above 2357 and 2362. As long as it stays above these levels, it is expected to reach 2377 and 2386. Bullish Scenario: As long as the price trades...
Technical Analysis: Gold The price of gold recently reached 2341 before declining in response to Federal Reserve Chair Jerome Powell's statement that "inflation is still too high." Based on this, the market is expected to trade within a bearish tactical outlook. Current Outlook: Gold is likely to touch 2302 and then consolidate between 2302 and 2321 until a...
The us dollar index opened with a gap. today the us dollar index which was closed at 104.94 opened at 105.5 with 11 point gap. this gap may be an indication that us dollar is going to resume its upward momentum this week which it has started on last Friday. if this momentum continues it will be a fall for xauusd. more clear cut analysis will be posted soon...
Technical Analysis of Gold The price dropped from its resistance line around 2361 and has already reached the support line at 2344. Now, the price is likely to attempt to reach 2354 and 2361, given the bullish volume stability in the current 4-hour candle. However, if a 4-hour or 1-hour candle closes below 2344, the price is expected to drop to 2327. Stability...
Gold is going up because demand has come back. I expect it to rise until it shows lack of demand on short term.
Gold can't overcome the resistance as the market has no potential at the moment against the backdrop of a strong dollar. Perhaps the whales are waiting or the market maker is aiming to take the price even lower before further growth, but the gold is currently showing signals for further decline rather than growth. Reasons for further declines: 1) Consolidation...
Hello traders! Wait for sniper entry: Entry: 2070.00 Stop Loss: 2090.00 Target: 1200.00 Be patient! Be careful! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Hello traders! At this moment, the pair is in the consolidation zone. Wait for the moment to enter the trade. Preference is for sell. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
The market 6E is attempting, after the correction, to resume the upward trend and reach a higher level than the previous one.
Looks like a double-top on 4 hour SI chart. Price broke below 50EMA If price losses the upper trendline of the descending triangle expect price to push to bottom trendline of triangle at least. Will it tap the upper trendline all the way down until the break up?