XAUUSD BUY WITH DOUBLE BOTTOM, currently at strongest support and ready to kickback upside
On Tuesday, data showed that the U.S. PPI growth rate in April was 0.5%, much higher than the expected 0.3%. After hearing the news, traders reduced their bets that the Federal Reserve will cut interest rates for the first time in September. The possibility of an interest rate cut in September is estimated to be 60%. , while the probability before the report was...
Here on Gold price has drop massively due to NFP news last week as result gold was able to maintain a support line so is likely to move up a little before dropping more so . So for those that scalp can buy and wait then take a small profit.
The number of traders that got liquidated last week is so high that probably big funds has decided to buy your gold, but at discount price. My previous idea about gold went really good, and I think that now we are going to see a fake moves. My main target for GOLD is above 2400, so I am looking for a good zone to buy some. I think that price can range in the next...
XAUUSD UPTREND Take the support and resistant zones into consideration, you can see that it's the best time to open long position. Good luck :)
Gold fee forecast Darin Newsom, senior marketplace analyst at Barchart, stated gold charges are in all likelihood to fall withinside the coming days. Marc Chandler, CEO of Bannockburn Global Forex, stated that americaA jobs record became higher than anticipated and China stopped shopping for gold reserves, inflicting the valuable metallic to its lowest stage in a...
Hello traders, hope you doing great. for upcoming week, I think we'll probably see an upward correction to one of the specified levels and then it will start to fall to 2300. so with a proper trigger, we can open a long position and after that, a short position. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was...
Gold has delivered impressive gains of over 18% so far in 2024, and June looks promising for investors. With finite supply and fluctuating demand, gold prices are sensitive to economic and geopolitical news. This video dives deep into the current market dynamics and what to expect in the coming month. In June, geopolitical unrest could significantly impact gold...
Gold is moving in a range from last week now it looks like gold will have buying rally and now it will move upwards
Gold successfully touched the resistance near 2368-2373 today. The current small level is retesting the support range of 2363-2352. There should be another rebound at that time. The resistance area to focus on first is still 2368-2373, followed by 2378-2383. The bullish target has been achieved, and the next focus will be the bearish target area of ...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating near a two-week high during the Asian session on Friday. Investors are waiting for the release of the Nonfarm Payrolls (NFP) report from the United States, which will influence future Federal Reserve policy decisions and impact gold prices. ⭐️ Personal comments...
Gold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Hi Realistic Traders, let's delve into the technical analysis of OANDA:XAUUSD Gold has rebounded around the EMA200 line more than three times, simultaneously forming an inverted head and shoulders pattern. Recently, it broke the neckline with a bullish marubozu candlestick, a strong indicator of potential bullish continuation. This breakout, coupled with the...
Gold price plunged by $50 before the data, and there are signs of stopping the decline in the short term. This wave of plunge is very likely to digest the data in advance, so I personally prefer a short-term rise; Light long position, target around 2350. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
Technical analysis of gold: Gold rebounded last trading day and closed with a medium-sized real positive line that was almost bareheaded and barefoot. A large amount of funds poured into gold in the morning and it jumped up slightly. At present, after breaking through the previous row of pressure belts around 2360, pay attention to whether there is a secondary...
This week, the super data week is coming, and the market is likely to fluctuate before the data. Gold still has to wait for big data before it can go out of the unilateral market. The current fluctuation is to prepare for the big market. Gold continued to collect in one hour, but it is still fluctuating now. The second half of this week is all big data. It is...
We have the original bullish trend and the price is giving us signs of going long in very important areas and today we also have important news