GOLD SETUP TRADE WIH 1:3 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 30 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more GOLD...
This chart tracks the price movements of Gold in USD per ounce over a four-hour timeframe, as of June 13, 2024. Here’s a simple breakdown: 1. **Current Price**: Gold is trading at around $2,301.84. 2. **Resistance Levels**: There are significant resistance points where selling pressure is high at around $2,340, $2,380, and $2,420. These levels are where the...
To analyze the potential movement in gold prices based on the anticipation of nonfarm payroll news, and with specific target prices and stop-loss settings as you've described, we'll look into several factors: Nonfarm Payroll (NFP) News Impact: The nonfarm payroll report is a key economic indicator that represents the total number of paid U.S. workers excluding...
Hi Traders This Area is 4Hr Order block according to SMC. 2316 to 2305 This is Liquidity Pool we can see upside movement after taking this liquidity. Best time to take trade is 5 min CHoCH but after Rejection. Note - Only for education Purpose
Gold broke out of Bullish flag pattern and going for new targets. First target is 2075 and final target is 2458. These are long term monthly targets.
ITS MY PERSONAL STRATEGY The gold showing a good UPMOVEE Having a good potential There is nothing to doubt It have a great surety of UP MOVE Due to these reason 1.It have GOOD SUPPORT without any confusing chat 2. It have clear entry and Tp point 3. Sellers seems heavy due to volume
MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements. Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel. I tried to short gold last week but it went sideways so I had to close. Closed that...
Why We Think the Price Might Drop: 1. The price is hitting a trendline around 2195-2205 . 2. We expect a correction after a big increase in price. What Might Happen Next: Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210 . We're aiming for targets around 2145 and 2085 afterwards.
Yesterday, the candle closed with a long red body, indicating a significant price pullback from 25. The price range of approximately 12 points suggests market indecision, waiting for a reaction. Important news today: Durable Goods Orders m/m at 20:30 (better for the currency if higher). The most recent occurrence was on January 25th, with negative news causing...
U.S. stock futures fell early Tuesday due to concerns over rising Treasury yields and the ongoing property sector crisis in China. On Monday, the Dow Jones Industrial Average rose by 43 points (0.13%), reaching 34007, while the S&P 500 increased by 17 points (0.4%) to 4337, and the Nasdaq Composite improved by 60 points (0.45%) to hit 13271. The 10-year Treasury...
Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions. If gold reaches between...
Gold price remains well above key short-term support around $1,897, including one-week Fibonacci 38.2%. Also, setting a solid floor for XAU/USD is a convergence of the 5-DMA and the previous monthly low, around $1,905. It is worth noting that the one-day 161.8% and 61.8% one-week Fibonacci join S2 one day of the Pivot Point to add strength to the $1,905...
gold weekly possibility. upcoming weekly possibility so enjoy the trade with sl. next sell zone 1912,1917,1922,1932,1940-1945, possibolity
dear trader good morning gold Long time buy possibility I don't know what data will come today evening but that looks like it's going up possibility. so enjoy the day
The dollar rose past the Fitch cut, taking support from much stronger-than-expected payrolls data released by ADP. The reading followed data earlier this week that showed some signs of a U.S. manufacturing and construction recovery. The data spurred bets that the Federal Reserve will have enough economic headroom to hike rates further and keep them there - a...
Gold or Nasdaq: What to Short this Week? For Gold (XAU/USD), the 4-hour chart suggests a neutral-to-bearish stance. While the pair is currently above its moving averages, the 50-day moving average is closely trailing its price. The Relative Strength Index (RSI) is dropping towards a neutral level, indicating a potential pause in buyer activity. If Gold drops...
Now, the focus is entirely on the minutes of the Fed's June meeting, for any further signals on the direction of US interest rates. This trend indicates that gold will come under more pressure in the coming months, although expectations of a potential recession in the US have also boosted some safe-haven demand for the yellow metal. Gold is waiting for a break...
GOLD Buy trade opportunities The gold market has been experiencing a strong bullish trend but currently is taking a retracement. I have identified a support area, and if the market reaches this level, it could present a promising opportunity for a long trade.