Zola_Hello

Zola_Hello

The 4-hour XAU/USD chart on November 9 reveals an intense battle between buyers and sellers within a downward channel. Gold is currently “trapped” in the resistance zone around 2,708 - 2,715 USD/oz, where the EMA 34 and 89 lines, combined with the downward trendline, form a strong “wall” of resistance. If buyers lack the strength to break through, the price may...

Zola_Hello

Currently, gold is facing strong resistance at the 2,723 USD/oz level, where the downward trendline and the 34 and 89 EMA lines converge, increasing selling pressure. When resistance is encountered, the price is likely to retrace to the nearest support level at 2,665. If no barriers are present, it could continue to drop further to the next support at...

Zola_Hello

Gold prices dropped over 3% to a 3-week low on Wednesday (Nov 6) as the USD strengthened following Donald Trump’s victory. Gold has reached a critical support level around 2,642.534 USD/oz, acting as a key "stop point." If strong buying interest emerges here, gold may see a short-term recovery. However, if this support level doesn’t hold, the next downside...

Zola_Hello

The 4-hour chart of XAUUSD on November 6 shows gold encountering strong resistance at 2,756.216 USD/oz, with the 34 and 89 EMA lines forming a major barrier. If the price fails to break through this level, there is a high probability of a pullback to the support zone around 2,729.381 USD/oz, potentially dropping further to 2,717.105 USD/oz if selling pressure...

Zola_Hello

Currently, XAUUSD is facing a strong resistance zone at 2,748 USD/oz, with the 34 EMA acting as a “shield” that deflects buyers' recovery efforts. If the price fails to break through this resistance, it may correct down to the support zone at 2,720 USD/oz, with a potential further dip to 2,705. This area could offer buyers a chance to "get back in the game." The...

Zola_Hello

The current XAUUSD chart shows gold hovering near the crucial support zone of 2,713-2,725, with the 34 and 89 EMAs serving as primary support levels. If the price holds above this support, gold may rebound towards the nearby resistance level of 2,756.603. The RSI is signaling oversold conditions, suggesting a potential short-term recovery. A cautious strategy...

Zola_Hello

The XAUUSD chart shows gold striving to maintain its upward momentum from the support zone at 2,742.979. With the 89 and 34 EMAs providing solid support, prices are inching closer to the resistance level around 2,789.741. This is a key price area where sellers may ramp up pressure, potentially interrupting the current uptrend. If gold breaks through this...

Zola_Hello

Gold prices reached a peak of 2,788.89 USD/oz on October 30, fueled by U.S. election uncertainties and expectations of a Fed rate cut. Gold is surging, approaching the strong resistance level at 2,800 – a “wall” that could halt the rally and trigger a pullback. On the other hand, support levels at 2,747 and 2,717 are ready to act as “fortresses” if prices...

Zola_Hello

Gold reached a peak of $2,771.61/oz on October 29, driven by political uncertainties and expectations of a Fed rate cut, climbing 0.9% to $2,766/oz. Currently, gold remains in a strong uptrend, approaching the critical resistance level at 2,800 – a barrier that could put pressure on further growth. However, the support zone at 2,700, along with the trendline,...

Zola_Hello

Gold (XAUUSD) is in an uptrend, reinforced by the EMA (34 and 89) lines below the price and a strong upward trendline as support. The key resistance level at 2,758.006 is likely the next target. If the price slightly retraces to the trendline and rebounds, or if it breaks through this resistance, the uptrend is expected to strengthen. This presents a potential...

Zola_Hello

On the 4-hour chart, XAUUSD is on a strong upward journey but now faces a key resistance zone at 2,758.158. This is a major barrier; if breached, gold could continue its breakout. However, if it fails to conquer this level, the price may correct down to the support zone at 2,717.700, where the EMA 34 stands firm like a “fortress” safeguarding the...

Zola_Hello

Gold is in an exciting phase, maintaining its upward trend above crucial EMA levels, signaling that the long-term momentum remains strong. The resistance level at 2,758.717 is acting as a challenging ‘wall’—can gold break through to initiate a powerful rally? If successful, this could be a golden opportunity for investors to catch the next wave of...

Zola_Hello

The XAUUSD chart shows that the price is adjusting after hitting the resistance level of 2,758 USD, but the uptrend remains dominant. The key support zone is around 2,712 USD, where the price has bounced back in previous corrections. The EMA(34) and EMA(89) continue to provide important technical support, with the short-term EMA above the long-term EMA,...

Zola_Hello

XAUUSD is currently in a correction phase after reaching a peak of 2,758.007. At present, the price is likely to test the critical support around 2,722, supported by the EMA 34 and EMA 89, indicating that the uptrend could remain intact if the price holds above this level. If the price does not break this support, it is highly likely to rebound towards the...

Zola_Hello

The technical analysis of USD/JPY on October 23 shows a strong upward trend. Currently, the pair is trading around 152.692 after breaking the 150.489 support level, paving the way for a potential rise to 155. The EMA 34 and 89 lines provide solid support, while the MACD indicator suggests strong upward momentum. A short-term correction may occur before further...

Zola_Hello

Gold is currently on a dramatic "adventure." After a sharp rise to 2,735 USD, it seems to be taking a break around the 2,727 USD support level, as if it's catching its breath before climbing further to new peaks in the 2,750 - 2,767 USD range. The EMA 34 and 89 are providing solid long-term support. However, remember that the gold market can be unpredictable,...

Zola_Hello

XAUUSD isn’t just climbing—it’s soaring like a rocket. But wait, before continuing its adventure towards the 2,780 USD mark, the market might need to 'pause' around the support zone at 2,704 USD to refuel. The EMA 34 and EMA 89 are acting like loyal guardians, protecting the bullish trend in gold prices. If gold doesn't turn back and continues its upward journey,...

Zola_Hello

Gold is currently fluctuating around $2,614.145, sitting below key resistance levels at $2,650.165 and $2,624.195. These are significant barriers that buyers need to break through to sustain the upward momentum. However, with the EMA 34 and 89 lines positioned above the price, selling pressure remains dominant, reinforcing the current downtrend. If these...