This is what we said in our analysis on EURUSD from earlier today about the FED Interest rate decision:
"Today is the FED Interest rate decision. This is the most important event right now.
Based on that we will see certain moves in the market. That's why we will wait for it in order to see in what direction we want to trade.
The question is not if there...
Yesterday we expected big fluctuations in price and that is now a fact.
The question that everyone is asking is if this upside move will carry on.
No matter what the answer to this question is, there is another one - should we buy right now?
This are pretty clear here!
At the moment gold is against a strong resistance at 1825, and immediately after that we...
Hello traders, the gold in the 4-hour frame, this analysis is prepared in the 4-hour frame, but has been published for better visibility in the 8-hour frame.
In this analysis, I recognize all the probabilities of the previous analysis and only identified the best areas for the tread.
As long as the blue trend line is not broken, I will ascend Trend.
Hello traders, Gold in 1 hour frame, this analysis is prepared in 1 hour frame, but for better viewing in the 2-hour frame.
In the analysis, we explained all the climb and decline of gold.
In this analysis, only the scenario of gold climb specifies, for wave 2, we can count the wave c.
The ascending gold is confirmed if the price first breaks the black channel and...
Hello traders, Gold in 1-hour timeframe, this analysis was prepared in 1-hour timeframe but has been published for a better view in 2-hour timeframe.
According to previous analyzes, gold has started its upward trend.
This uptrend is related to wave 3, in this wave 3 waves 1 and 2 are completed and now we are inside wave 3 which is approaching the target 1.618...
Gold started to rebound yesterday. The price has traded between 1794-1810 throughout the day until the US Fed. meeting. The day ended at 1806, up by USD 6.
As mentioned at the beginning of the week, it's about time for the price to break the S-T resistance line(1). The formation of the pattern (2) confirms now, 1st target for the climb should be near 1825...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#GOLD Price is trading in the demand zone and we got the price rejection so if you form any bullish candlestick the price possible to moving next resistance level 1807
Why we like it:
price trading in demand zone
waiting for Bullish Candlestick Formation
Touching 50 EMA
Next supply area & horizontal swing high resistance
Gold once again traded in a tight range yesterday with the price floated within USD12 and closed up by USD5.
Everyone should be able to take advantage of the range 1794-1810(1) in the past few trading days as the market is basically moving in line with our expectations without any surprises. The Fed. meeting later on today should be the stepping stone for the...
Negative behavior at the lower trend line, there is no strong reaction... so I expect a drop to the support line shown in the chart
Divergence on RSI
It also supports landing now
We are waiting for the 1680 area what will happen
Gold after penetrated the resistance area around 1800 and rallied for few days, reversed below the longer-term Moving Average made a lower high around 1835. Currently, Gold is retesting the support area at 1800 forming small candles which indicates the strength of this area to push the price upward to 1835 and 1850. However, the oscillators started to provide...
The 1790-95 zone acts as a serious support for price. It has been tested multiple times and every time price bounces of.
A crucial moment is approaching. Tomorrow we have FED Interest rate decision and that's definitely going to affect price on gold.
If we see market below the support at 1795 then we will be looking for a move down at least to 1775.