NexusTradesZone

NexusTradesZone

Every time gold reaches a new all-time high, it returns to the prior all-time high, and if this occurs again, it is an excellent opportunity to go long.

NexusTradesZone

Gold Forecast and Technical Analysis M30 time period, next move possible. Just wait for this level to break out at 2898, and then expect a downward movement. This is not financial advice.

NexusTradesZone

Volume and a few other indicators suggest that Gold may be nearing a brief peak. It's a high-risk idea.

NexusTradesZone

Support Zone: 2854–2859 Pivot: 2854.00 CURRENT TREND Long positions over 2854.00, with targets of 2879.00 and 2890.00 in extension. BREAKOUT Below 2854.00, expect for further fall with objectives of 2840.00 and 2830.00. The next resistances are at 2879.00 and 2894.00. Supports and Resistances 2900.00 2890.00 2879.00 2867.09 2854.00 2840.00 2830.00 ...

NexusTradesZone

GOLD is in an upward channel. The indicators hint to overbought. The chart has created a harmonic pattern. We foresee a correction. ------------------- Share your thoughts in the comments section, and show your support by like the proposal. Thank you for your support! Trade Active GOLD is in an upward channel between the trendlines. The price is moving...

NexusTradesZone

Hi, Traders! GOLD is trading along a rising support line. In a robust uptrend. We are about to retest the support line and anticipate a further local rise up! Comment and subscribe to help us grow!

NexusTradesZone

Gold (XAUUSD) has reached a new All-Time High (ATH) in recent days. Can it maintain its upward trend? What are your thoughts? Educational Note: From the perspective of Technical Analysis, when an asset is building an All-Time High (ATH) and the prior price history is not surrounding the price, the analysis becomes more difficult, but we must be able to make the...

NexusTradesZone

is growing during the week. The asset is performing well in the face of economic uncertainty and a dollar drop. After a minor modification, the train might go north again. Markets are keeping an eye on US-China trade talks, which are alleviating fears of a global trade war, as well as Trump's Middle East efforts, which are reducing demand for the US dollar as a...

NexusTradesZone

Hello everyone, today I'm ready to provide you with Gold analytics. A few days ago, we saw a big upward movement in the market, but before that, Gold traded near support 2, which coincided with the support zone. Then it rebounded and surged to 2727 points before correcting even below support 2, but then it reversed and began trading inside the wedge. Price...

NexusTradesZone

Analyzing the gold chart on the 30-minute timescale reveals that, as expected, the price corrected to $2858 following yesterday's study. However, it rapidly recovered, gaining 240 pips to set a new all-time high of $2882. Today, we finally had a pullback from $2882 to $2848, and gold is currently trading around $2868. If the market manages to stabilize below...

NexusTradesZone

continues to increase, surpassing the 2850 level. At this juncture, the market appears unstoppable, heading even higher. However, during times like this, the market can react in the opposite direction, so we must exercise caution. Despite this, given the current positive momentum, any drop may create an opportunity to go long, especially because a price of 2900...

NexusTradesZone

On Xauusd, the price continues to rise, generating a break of structure and order block. This indicates that the price will retrace to a demand zone, and traders should buy between 2822.00 and 2805.54 with a target profit of about 2895.58.

NexusTradesZone

Gold achieved another record high of $2,877/ounce today, closing in on important resistance levels of $2,890, $2,920 (the trendline connecting consecutive higher lows between February and November 2024), and the psychological hurdle of $3,000. Trade tensions between the world's two largest economies, the United States (Trump) and China, are driving up haven...

NexusTradesZone

High risk short trade in gold. Enter with Candlestick Confirmation. Reward first one, then three, and finally lower targets. More optimal entry following a possible stop hunt. By Nexus Trades Zone

NexusTradesZone

Today's support focuses on the integer mark of 2800. If it falls back and stabilizes at this level during the day, it may continue to be positive. The above-mentioned short-term resistance is centered around 2828-30. If it reaches the 2830 level for the first time, it can be shorted once and then observed for the shock decrease. The short-term bullish strong...

NexusTradesZone

Every day, the market sets new highs. According to the study, we should expect a good corrective move in the next days. We have SL in the last two transactions. We intend to execute a swing sell trade with a risk-reward ratio of 1-10; if this fails, we will proceed with a 1-12 risk-reward ratio. The market is at a point where a correction should occur, but the...

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Trump has postponed the 25% tariffs on Canada and Mexico for another 30 days, bolstering hopes that a full-fledged trade war will be avoided. However, the continuation of high tariffs on China, as well as China's retaliatory steps, point to a bullish prognosis for the safe-haven commodity. In contrast, the US economic calendar on Wednesday includes ADP Non-Farm...

NexusTradesZone

The price of gold continues to rise, confirming the breach of the 2870 level, with the way open to our major target of 2910.00. The upward trend remains valid and effective today, structured within the ascending channel depicted on the chart. However, it is critical to note that the continuance of this upward wave is contingent on stability above the $2870...