First up all Thank you to everyone.., now i fully completed SMC course with successful strategy... We done a back test on that almost97% SUCCESS RATE... Upcoming analysis based on that... In GOLD we got weekly BUY CHOCH @01dec2023 (in Daily we got buy BOS) And we got a HEAD AND SHOULDER formation @28dec2023(Daily) 1st buy correction 4H- sell CHOCH...
Here is my analysis on gold for 1-2 month. the old high is taken out means huge fall is coming in gold
Xauusd gold buy @ 1977 Stop loss 1967 (100 pips) Target 2010 (330 pips) Lot size recommended 0.01 for 100 usd equity Lot size recommended 0.10 for 1000 usd equity Open a buy position on gold and thanks me later Follow fxlifestylemanpritfx for more updates
Hey guys! here is my analysis and entry model for XAUUSD for upcoming week. Hope u will make some decent profits. Note: Red folder news can affect entry model.
⚡️In a speech at the central bank conference in Jackson Hole, Wyoming, Fed Chairman Jerome Powell said inflation remains too high even with recent favorable figures and that the US central bank has room to substantial basis to regain price stability. But at the same time, Powell noted that economic uncertainty calls for "aggressive" monetary policymaking and that...
Gold Analysis for the Upcoming Week on MCX, India Date: 20th August 2023, 18:03 hours Technical Overview: Recent Performance: From 8th May to today's date, gold prices have witnessed a significant decline of approximately 5.49%. Moving Averages: The gold price has recently breached the 50-day moving average, which stands at 58,980. The 200-day moving...
This morning's gold price continued to increase by 16.7 USD compared to yesterday's closing level to 1,936.5 USD/ounce, the gold price reached its highest level in three weeks. The US Employment Turnover (JOLTS) report and consumer confidence index were much lower than expected, spurring fresh buying demand for the precious metal. Gold prices continue to...
Gold prices slightly extended its gains and successfully continued a third day of gains. TVC:GOLD hovers around $1,900/oz during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD). However, a stronger recovery is unlikely at the moment. After days of continuous decline, gold...
Inflation Cools, Gold Heats Up In June, the United States inflation fell to 3%, which is the lowest since March 2021. This was slightly below the market's expectations of 3.1% and a significant decline from May's rate of 4%. Additionally, the core inflation rate unexpectedly dropped to 4.8%, marking its lowest level since October 2021. The implication of this...
Fundamentally USD is Going to Be Super Strong because of upcoming positive events for USD which is not good For XAU/Gold
GOLD ANALYSIS: GOLD has been one of the most considered safe havens against the fall of the USD. Most investors turned to consider GOLD as a safe haven due to the following factors: The CORE PCE fall as expected on Friday where which indicates that FED will not put more effort into tightening since the stubborn inflation is coming close to the target. FED may...
OANDA:XAUUSD The US dollar benefited from a fresh rise in US Treasury yields, sending gold prices plunging. Amid increased hawkish sentiment around the Fed rate outlook, all eyes will be on Fed Chair Jerome Powell's speech later Wednesday. The 14-day Relative Strength Index (RSI), suggesting that gold's downside risks remain. So, the nearest support is at...
Gold 4 R:R trade 1. Strond support (1956-1951) 2. Strong Resistance (1974-1984) 3. USD is becoming weaker because of poor economical events. 4. 200 EMA is below the price on daily basis 5. proper price action we can see on gold disclaimer: This Analysis is only for (09Jun -17Jun)
Gold Powerful 1:3 Trade = Down Trend = breaking their Support = Price below the 200 EMA = Positibe news For USD Coming soon (Bad for Gold) = Proper Price action
gold Weekly Possibility As per Possility You Can Arrange You Possion Up Coming This Week