The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies...
Reason For Bullish
1. Stochastic Oversold and tends to Bullish
2. RSI 14 above 50 which Uptrend in 1H
3. Breaked Resis 2019 and retesting Now for Bullish
Overall Possible Outcomes
XAUUSD BUY @ 2021.90
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups...
I Have share three possibilities in gold comes as per my analysis. I am watching this charts from past months
if it breaks 2075- then we can see all time high in gold or we see rejection from 2075 we can see a good rejection in gold till around 1700 - 1650
* IM NOT IN FAVOUR TO SHORT INSTEAD WAIT FOR VALUE BUYING AREA*
gold has breached all of its recent support and this fall looks like free fall maybe because of dxy rising
57460 and 56300 will be very important level base on previous trend low to recent high fib retracement of 0.6 and 0.7 golden zones are appearing on exactly on our fair value area
Gold price (XAU/USD) witnessed an intraday turnaround from the $1,885 region, or over a two-week high and settled near the lower end of its daily range on Thursday. Consumer prices in the United States (US) rose more than expected in September and lifted expectations that the Federal Reserve (Fed) will keep interest rates higher for longer. This led to the sharp...
Temporary concerns cooled down during trading hours in Europe but continued before Wall Street opened, with XAU/USD trading at a low of 1,902.68 per troy ounce, which aligns closely with the lowest level in July. Ultimately, the positive tone from Wall Street finally interrupted the USD protest rally and helped XAU/USD recover from the aforementioned low level,...
Copper falls below $4 amid slowing global production. The outlook for the yellow metal remains hazy, especially with US interest rates set to remain higher in longer time this year.
While gold is expected to benefit from the Fed's final rate cut next year, it is expected to receive limited support in the near-term.
BUY GOLD zone 1932 - 1929
Stop Loss :...
Gold 25/07 There are many disadvantages ahead.
Gold's outlook is also uncertain as US interest rates are likely to stay higher for longer. The US has not escaped the recession, the fate of the economy is still in the hands of the Fed.
BUY GOLD zone 1945 - 1947
Stop Loss : 1940
Take Profit 1: 1950
Take Profit 2: 1955
Take Profit 3: 1965
Note: Installing TP SL...
The price of gold rebounded after hitting a low point not seen in over two months.
This was due to the recent data showing that the US services sector had experienced minimal growth in May, which halted several months of strong market growth.
The weakened dollar was also beneficial to metal markets, with gold being a safe-haven asset.
However, it is expected that...
Reason For XAUUSD Bullish
1. Technically Formed Double Bottom Formed
2. Doji Candle Confirm the further Uptrend Movements
3. Breaked Out 1830 & 1845 and Further Movement towards 1880 and Higher
Overall Possible Outcomes
XAUUUSD BUY @ 1850