GOLD Buy Trade opportunity GOLD was retestest support and make a Bullish candle also retrace from Fibo 0.61 Level which is very important. Its a good opportunity for a long with very good risk-reward target point also mention in the chart Always trade with Stop Loss
XAUUSD SHORT BUY @ 1725-1730 TP 1800 SL 1720 1. Obay Strong FIBO Golden ration of 0.618 2. Respect support zone of 1725-1730 3. Due to sell pressure will retest the swing low of 1725 4. Dxy before reaching teh high of 109,00 will retest the previous low which tends gols to short term Buy
Gold rallied to a new weekly low yesterday. The market opened at 1761 and traded range-bound early in the Asian and European sessions. The price touched the day-high at the US session opening, then the slide began. It touched the day-low at 1755, with the day's ending at 1758. The trend reversal signal has yet to appear, where the downtrend channel(1) is still...
Gold pulled back from 1800 yesterday. The price has kept on moving down since the market opened at 1801 back from the weekend. After almost 12 hours of sliding, it touched the day-low near 1772 at the US session opening. The day ended at 1778, down by USD 23. Gold escaped the uptrend channel on the 1-hour chart last week, and it has finally entered the period of...
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
Gold cleared the 1770 support yesterday. The day began at 1775. The price first touched the day-high at 1782 during the Asian trading and eased toward 1770 after that. It dropped below 1770(2) at the US session, touching the day-low near 1759, with the day ending at 1861. An S-T downtrend channel(2) has formed on the 1-hour chart in the past 48 hours. After the...
Gold stayed in a tight range yesterday. The day began at 1778; throughout the trading day, the price traded between 1770-75 after it touched the day-high early in the Asian session. The market was quiet, with the day ending at 1775. The bearish move slowed down yesterday, and the price now supports at 1770-73. Await for the Fed. Minutes, expect the price to...
Gold was once again rejected by 1800 yesterday. The day began at 1794; the price has consolidation toward the day-low near 1794 before the buying picked up again. The price has reached the day-high near 1807 after the US released its inflation figures, however, buying failed to carry on. The day eventually ended at 1791, down slightly by USD 3. The upward...
Gold rebounded USD 14 yesterday. Back from the weekend, the market opened at 1774, and the price has traded mainly between 1770-80 throughout the Asian & European sessions. As the trading hours approached the US session, the price cleared the resistance at 1780 and jumped to the day-high at 1790. The day ended at 1788. In the 1-hour chart, gold is still...
XAUUSD STRONG SELL Entry Price 1775-1793 Target Price - 1681.00 Stoploss - 1815.00 Reason for XAUUSD SELL in Next Week 1. Obey strong downtrend line of 1790 2.Obey the strong support of 1783 and have not closed above the price of the in day candle and made a rejection 3. Formed a Falling bearish Wedge Pettern 4.Bearish Spinning and bearish harami...
Reason For XAUUSD Sell again 1. Obey Strong support and Downtrend channel of 1770 2. last Week Friday core pce News impact 3. Clear Moves with in the downtrend channel 4. Have not closed above the resistance or trend
Gold traded in a range-bound yesterday. The price touched the low at 1754 early in the Asian session, and the climb continued until the price reached the day-high at 1772 at the US session opening. The day fluctuated in a USD 18 range , with the price slightly up by USD5. The overall structure in the 1-hour chart hasn't changed much as the uptrend channel is...
Gold rallied to a 2-week high yesterday. Back from the weekend, the market opened at 1765; once the price touched the day-low at 1758 during the Asian session, buying began. Gold touched the day-high at 1775 at the opening of the US session, with the day ending at 1771, up by USD 6. Although gold has reached a new 4-week high at 1780(1) early in the Asian...
Gold eased off from the new high yesterday. Affected by Chins-U.S. tension in the past 24 hours, the price was bounded by the 1770-80 range early in the Asian session yesterday. Gold touched a new high at 1788 at the U.S. session and pulled back before the day's end. The market eventually closed at the day-low 1760, down by USD 11. As mentioned yesterday, the...
Carried the buying momentum from the day before, gold continued to climb yesterday. After the market opened at 1733, the price had already jumped beyond 1735 early in the Asian session. It broke out from 1740 in the European session and kept climbing higher in the US session. The day ended near the day-high at 1756. Gold has surged along the uptrend channel(2)...
Gold pulled back from 1735 again yesterday. The day began at 1726, and the price was gradually heading higher during the Asian/European sessions. Once the price reached the day-high at 1736, the selling started to come in. The day eventually ended at near 1719, with the day-low touched 1714. Gold should stay below 1735 before the US Fed. Meeting on Wed, as it...
MCX:GOLD1! A rangebound consolidation has been seen on the chart patterns of Gold Futures. A slight uptrend is visible from current levels. A rally of around Rs.1000 is possible in short term which will make gold hit 52k levels.
Gold gained USD 17 yesterday. The day began at 1716, and the price mainly traded between 1715-23 throughout the day. Once the US released its interest decision, the price went up until it reached the day-high at 1740, with the day ending near 1734. The price has failed to stay above 1735 until the Asian session today. An uptrend channel(3) has formed on the...