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✏️ $GOLD : NEW Analysis,Price will See $1851? (READ THE CAPTION)By examining gold in the 2-hour time frame, we see that the price continued to fall and has fallen to $1890 so far! As you can see, there is an important level of demand in front of the price, which caused the collecting the liquidity and the price to break below this zone 40 days ago! Now that the price is approaching the zone of $1883 to $1888, I expect that the price will experience an upward correction from this range , and probably the first target of this rise will be $1895! Be careful of the gold stop hunting movements in this range and if you see a positive reaction, don't think that the whole trend has changed , because my mid-term view is still bearish and I think we will see the target of $1851 soon ! Don't Forghet To Push The Boost (Like) Button and Follow Me for more ! Best Regards , Arman Shaban
OANDA:XAUUSD
by ArmanShabanTrading
36
Gold breakout and downtrend continuesGold fell sharply in the context of US Treasury bond yields reaching a 16-year high and profit-taking activities leading to a sell-off of precious metals. Gold is also under pressure from the USD hanging high near a 6.5-month peak. The DXY index (which measures the movement of the USD against 6 major currencies) is near 106 points Gold also decreased because a commodity closely related to gold, oil, dropped sharply. Petroleum demand is forecast to be suppressed as major central banks keep interest rates high for a long time. North Sea Brent oil price dropped to 92.8 USD/barrel, while US light sweet crude oil price (WTI) dropped to 89.3 USD/barrel
TVC:GOLDShort
by FalCol_TradingMaster
Gold holding Downtrend, could it reach 1750?It may be lot of red and green candle going on and on. But if we focus and take a closer look it's actually doing something beautiful which we can make a lot of profits. Let's take a look. 1. Holding Downtrend since April. 2. Can't break Downtrend line. 3. 1885 - 1905 is a crucial zone to hold, if it breaks there is a nothing hold till 1750 area. Which means on 1W TF Gold will still be bullish. 4. Breaking downtrend line in 1W TF will be huge confirmation to go up maybe even higher than before. 5. On the other side closing candle below 1885 in 1W TF we might see 1750.
OANDA:XAUUSD
by terayu
analis gold sell now tp 1900work in hose, sell now analis gold tp 1900, SkyBridge Capital founder Anthony Scaramucci is still bullish on bitcoin even as it trades far below the highs reached in the last big bull run in 2021. Speaking Wednesday at the Messari Mainnet conference in New York, the former White House communications chief said the worst of the bear market is over, bitcoin is better and more valuable than gold, and that Wall Street's adoption of bitcoin will usher in mainstream popularity. "If you got your bitcoin, I wouldn't sell your bitcoin, you made it through winter," Scaramucci said in a fireside chat titled, "Why I'm still bullish." He pointed to the crowd and specifically acknowledged the many young attendees in the audience.
OANDA:XAUUSDShort
by Adpokatrading
GOLD Where Next ?hey Traders , As i predicted last time gold went down from the trendline , unfortunately there was some manipulation before the news which stopped out a lot of traders. gold is still bearish technically I believe we are going to see gold on 1906-1910 again , you should be looking for shorting opportunities , remember the trend is your friend . the confirmation will be the break out of this zone. and fundamentally speaking gold is bearish dollar is still strong. the weekly candle closed as a inversed hammer too. this is just a prediction keep in mind this the last week of Q3 The markets are going to be very crazy anything can happen trade safe .
OANDA:XAUUSDShort
by xAB777
Gold Post FOMC Update Witness the astonishing power of Gold as it defies all odds! 🌟 After a jaw-dropping surge in the wake of the FOMC, hitting a resilient resistance zone at 1983, things took a wild turn. The FED's interest rate hike left many traders trapped in sell positions, leading to an insane and horrifying market situation. But guess what? We were ready! 💪 Armed with keen foresight, we stood tall in the sell zone, anticipating the inevitable drop. Our signal proved to be spot-on as Gold gracefully tumbled from 1983, and we seized the moment, booking stellar profits near 1948! 📈🤑 Now, the price retraces to 1955, testing the waters around a crucial trendline support, which, alas, succumbed to the pressure and transformed into a formidable resistance overnight. The bearish bias on higher timeframes strengthens our resolve to make the most of this golden opportunity. As we embark on this thrilling journey, our sights are set on the next targets: 1942 and 1925! 🎯🎯 The path ahead may be challenging, but we embrace it with unwavering confidence and a strategic approach. Join us as we navigate the twists and turns of the market and unlock the untold potential of Gold! 🌌💰"
FOREXCOM:XAUUSDShort
by Saibi_FX
Today's Gold Bearish Final Target: 1916 and 1903Yesterday, we saw that XAUUSD went up a lot until 1947. After that, the market has come down in FOMC News and is constantly coming down.  So far, the xauusd has broken much support. So far, if we see, the market can go up a little because, at present, the market has been running since 1924.  The rest of our goals have been completed; now our targets are 1916 and 1903.  As we mentioned in our last two or three analyses, the market target is 1903, so let's see that the final market is moving towards our target. If you like our analysis, then you can boost our posts. You can leave a comment in the comment section. Good luck and best wishes to everyone.
OANDA:XAUUSDShort
by MsProTrading
4
Potential Gold (XAU/USD) Bat; Is gold going down?Soooooo, you know when there's one person in the room that says something crazy.....well I'm possibly about to become that person. My previous post about the long short on the USD/JPY still shows that there is still a little bit of way for the USD to climb before the drop. So, this took me to the gold chart, and here's where we are at present. I have had this bat drawn for around 10 days, and really didn't believe that it would play out, but so far it is. This is IMPORTANT bit....this bat could easily break if closes above point C, it could also really break if it doesn't drop down to point D. To get down to point D we need the DXY to rise....and to get to that point we will need the FED to announce a rate rise. Now I'm fully aware that Wall Street is 60/40 that there will be a halt in rate rises, sending the dollar down, but, and it is a but, this chart is a possibility. If there is a rate hike then the chances are that we are heading to point D at 1866, then put your fib on the CD point and 50% is the TP1, point C is TP2. I'm not saying that any of this will definitely happen, and don't shoot the loony in the room, but it's a possibility that is on the table. Don't forget, the FED won't be worried about throwing the little guy in the street under a bus. Their job is to look after the economy.
TVC:GOLDShort
by Elite_Trading_Signals