XAUUSD, 15-minute timeframe chart Possible scenario The best way to use this opportunity is to place a buy limit order at 2,726.30. Set your stop loss at 2,722.30 below the previous low ($4.00 loss for 0.01 lot) and take profit at 2,736.30 ($10.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...
Gold once reached around 2230, but then the big positive line directly pulled up to above 2250. This is an obvious bullish pattern. Even if it falls back, the big positive line can still pull up. This is a super buying trend, and the K line continues to see new historical highs. The gold four-hour line fell back and exited three negative lines, but one big...
Reason Behind Sell 1. Bearish Spinniing Top formed on Last Week Candle 2. Bearish Dogi Which makes short term Reveral of Uptrend 3. Double Top Formed and fibo Golden Ratio 4. Bearish Symmetrical Triangle Formed and breakout expected @ 2015 Overall Possible Outcomes XAUUSD SELL @ 2030 TP 1 2016 TP2 2000 TP3 1980 SL 2053
Overall Possible Outcome XAUUUSD SELL @ 2030.5 SL 2036 TP 1 2024 TP 2 2017
Last week, gold fluctuated with a narrow range and regularly tested the psychological barrier of 2,000 USD/ounce. However, the metal still failed to hold this level as it was caught between conflicting factors between interest rate expectations and geopolitical concerns. Among Wall Street analysts participating in the survey, 60% expect gold prices to move higher...