A closer look at Gold price action shows XAU/USD continuing to trade within the confines of the ascending pitchfork formation extending off the November / December low. An embedded channel off the January lows (red) has guided the recent advance with the lower parallel converging on initial support today at 1826/29- a region defined by the 61.8% Fibonacci...
There is a Trading Signal to Buy in Gold XAUUSD Pair.
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 1833.0
⭕️SL @ 1828.5
🔵TP1 @ 1848.75
🔵TP2 @ 1868.90
If you liked our ideas, please support us with your likes 👍 and comments .
USDJPY has been setting up for quite some time for the next big move. On the daily we can see that we are in an ABC correction and its just a matter of time before the next impulse down.
Watching for lower timeframe bearish momentum and then jumping in with targets of 300pips as first target.
Goodluck and trade safe!
After the death cross was confirmed earlier this week, to test critical support near $ 1,805 with a 200-day moving average (DMA) and 50 DMA match, it lasted below the January 19 low of $ 1,810. A break is needed. This level also brings a wedge support line.
The US Federal Reserve (Fed) matched extensive marketplace forecasts even as maintaining the benchmark...
GOLD FUNDAMENTAL FORECAST: BULLISH
_Gold bulls scored a second weekly win despite Treasury yields briefly surging
_The Russia-Ukraine border situation is offering a geopolitical tailwind to bullion
_FOMC and PCE data are likely to inject volatility into markets - will it help XAU?
Gold bulls scored another win last week, with XAU/USD rising nearly a full...
Gold prices are nearing a key spot on the chart as Silver prices have already broken-out to fresh highs. It’s perhaps the backdrop with which these breakouts have shown that make the matter most interesting. Yields remain elevated and stocks are on their back foot; rates markets are pricing in as many as seven hikes out of the Fed this year with a median...