gold buying trend gold 5rr trade all price action and fundamentals
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 4 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Dear Trader If us glod Break This Chanel Then High Possibility ling Sl Will be Your Previous low . Then Wait For Break out This chanel Best Of Luck Wih Stop Loss
Inflation is expected to have picked up again after a sharp decline in June- a scenario that could push up expectations of more interest rate hikes from the Federal Reserve. Gold is expected to retreat further on a strong inflation reading, while the dollar is set to appreciate. The prospect of higher-for-longer U.S. interest rates has weighed heavily on the...
In Friday trading session we have seen a good bullish move but currently price is facing resistance near 1940-42 , so bears are in control under this resistance zone. More info on chart.
Plotted 2 scenarios: 1. May price go up according to structure and DXY decrease in net. 2. Might price go down because decrease in XAU net positions by institutions.
Hi Everyone Welcome to another trading idea, here we have usd/jpy which looks really bullish for like a month or two. if you trade in forex or wanna trade forex than this is the good bet. If you need any clarification of buying area, please leave comment Thank you
FOR A LONG WE SEE BULLISH GOLD WHERE INFLATION IS BEING CONTROLLED BY THE FED, WE'VE USED MULTIPLE IDEAS FORECASTING GOLD FOR THE LONGER RUN, CONSIDERING THE STRUCTURE ANALYSIS AND THE IMPULSE WE DETECTED ALONG WITH ITS RETRECEMENT AROUND 61.8% LEVEL. Note: All ideas and predictions are the market perspectives of CELGIB FINANCIALS; we present our thoughts for...
Failure to cross a nine-week-old horizontal resistance drags the Gold price back an upward-sloping support line from late February, close to $1,920 at the latest. Adding strength to the downside bias is the falling RSI line and bearish MACD signals. However, the RSI line is below 50.0 and suggests bottom-picking, which in turn highlights the stated trend line...
As you can see on the chart that the price is moving in a very narrow range and waiting for NFP data, we can see a good move today after the data.
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...
XAUUSD Intraday Trade Idea Gold Currently trading in range so we can use the current SNR zone to find entries on intraday .
Reason Behind XAUUSD/GOLD Sell 1. Last Week Rejection Over the Resistance @1980 which make the Formation of Clear Neew Downtrend Channel 2. Bearish Engulfing Candlestick Pattern Make positive for the Sell Movement Over the last week Support over 1940 which is our support and make lower as per our expectation to 1910 3.Continuation of Last W pattern still...
Hello Everyone welcome to Trading Idea, today we are updating chart of gold or XAUUSD for traders. Here are the details Gold is moving Up in Correction, So this is an Zig-Zag pattern Currently we are in Wave-E which is moving Up as price progressed, it will be clear where it will end. Well there can be further up...
Hey before you trade #DYOR I'm sharing my idea which is based on technical analvsis for more accuracy you can check news or event update. XAUUSD current price 1982 hit HH ON 4Hr chart now wait for retesting area near 1966 As per 4hr candle. The Major breakout area on 4H chart is still 1987 So now wait and set your positions with proper risk management Thanks...
Despite the Fed-inflicted volatility, the Gold price remains bullish as markets brace for the European Central Bank (ECB) monetary policy meeting. That said, successful trading beyond the 50-EMA and 200-EMA, respectively near $1,950 and $1,904, keeps the buyers hopeful. Also acting as short-term support is the 50% Fibonacci retracement of the pair’s February-May...
Currently Price is at the Volume bubble and can burst in any side
US inflation is still trending well above the Fed's annual target, which is still likely to signal at least one more rate hike this year. Rising interest rates are bad for non-yielding assets like gold, as they drive up the opportunity cost of holding gold. This trade has broken gold until 2022 and has limited the yellow metal's gains so far this year. SELL...