If you invest right now there is a pretty chance for gold to increase in buy region. My yesterday analyses were predicted right as well. Best of luck
Brothers, after gold broke through the 2500 mark, the rise and fall of gold have converged, and the continuity of long and short positions is not strong. But relatively speaking, there is still strong buying support below gold, so even if gold fell below 2480 yesterday, it can still recover and is currently running near 2500. Gold generally maintained a narrow...
The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly...
Gold price holds onto gains above $2,400 on Fed’s sizable rate-cut prospects Gold price falls slightly but remains broadly firm on multiple tailwinds on Friday. Investors are divided over the size of Fed rate cuts in September. Fed officials acknowledge the softening of inflation and slowing labor demand.Gold price trades in a channel formation on a daily...
From the 4-hour daily chart, gold has never been able to break through 2400 and has been fluctuating sideways. Then we can be bearish in a short period of time 2393__2395 Short stop 2403-2405
Gold prices rose to around $2,425 an ounce as tensions in the Middle East stimulated safe-haven buying. Previously, spot gold rose sharply by US$27.09, or 1.14%. The Public Relations Department of Iran's Islamic Revolutionary Guard Corps announced in a statement on July 31 that Hamas Politburo leader Ismail Haniyeh and a bodyguard were attacked and killed in...
XAUUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above 2,386$ . TURNING LEVEL (1) : the price of this level at 2,407$, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 2,386$, so if the price breaking this level reach a support level (1) . RESISTANCE...
XAUUSD HELLO TRADERS Tendency , the price is under bearish pressure , after breakout channel . TURNING LEVEL (1) : the price of this level at 2,391$, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : yesterday this level worked a support level , as mentioned breakout 2,391$ reach this level ,the price of this level...
XAUUSD HELLO TRADERS Tendency , the price in the sensitive area between 2,420$ & 2,392$ . TURNING LEVEL (1) : the price of this level at 2,420$ , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 2,392$ , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL...
From the hourly chart, short-term bulls are strong, and the green column of the MACD indicator begins to increase, initially forming a golden cross pattern; So you can go long directly, and the target is 2340 first. Later data will most likely further boost the gold price, and gold may continue to rise. If you agree with my trading ideas, welcome to follow,...
Today is the first trading day after gold fell $100 in a single day. After the sharp drop on Friday, the bearish atmosphere of gold is quite strong. Today, gold rebounded after reaching the position of 2287, and encountered resistance near the position of 2298 several times. Relatively speaking, the rebound strength is weak. In general, gold is consolidating...
From the 45-minute chart, we can see that the gold price is currently in a long-short selection and wash-out stage. The opening price of 2350 has fallen below. In the European session, we can directly look at short positions below 2350. If the price drops to around 2330, we can look at the reverse strategy intervention. In the US session, we can look at the...
Gold prices are about to cause a sharp correction. Be prepared to sell high Gold's rise. I'm actually not surprised. Friends who follow me know that I have been bullish on gold since last week, as mentioned in my previous views. Gold is like a very strong bull There are several reasons: First, to put it simply, it is the rising risk aversion sentiment in the...
Today’s gold trading situation is as follows: 1.Xauusd: @2380.62 Sell, SL:2386 Loss: -$1614 2.Xauusd: @2388 Sell, TP:2372 Profit: +$ 9600 3.Xauusd: @2389.72 Sell, TP:2372 Profit: +$ 10632 To be honest, gold first rebounded to 2392 today and then started to fall, which caused our short position in the 2380-2382 area to touch SL: 2386. To be honest, the short-term...
Today’s gold trading situation is as follows: 1.Xauusd: @2293.28 Sell, TP:2386.5 Profit: +$ 2696 2.Xauusd: @2378.43 Buy, TP:2394 Profit: +$ 6228 3.Xauusd: @2395.23 Sell, TP:2386 Profit: +$ 2769 Today, we made good profits in both long and short gold transactions. The total intraday profit exceeded $11k. We have continued our 9-game winning streak in recent gold...
Dear friends, in addition to being exciting, it is still so good. Today we went long gold at 2370 and 2365, all of which hit TP and made considerable gains! Today, gold has retreated to the 2365-2360 area many times. When the adjustment of gold is over, a new round of upward movement is inevitable. After gold has deeply stepped back to the 2363 position, the...
Dear friends, judging from the current overall trend of gold, it has become the norm for the market to fluctuate widely on a roller coaster, but there is still strong support below during the pullback. The short-term level has successfully built a double bottom structure, laying a solid support foundation for the bottom. According to the gold structure, there...
Dear friends, today gold has been in a retracement situation. Although there have been several symbolic struggles, in the end the bears have the upper hand. The current lowest gold price has been around 2324. Of course, our short gold order around 2360 also successfully hit TP: 2349. We gained a lot of profits from this. At present, gold maintains a volatile...