Reason Behind Bullish 1. Stochastic Oversold in 1H Time Frame 2. Obey 1H Trrend Line @ 2040 Overall Possible Outcomes XAUUSD BUY @ 2042-44 SL 2037 TP 2047 TP 2 2054
Reason Behind the Bullish 1. Bullish Inverted Hammer In Single Candlestick Pushes Higher 2. Three Outside Up candlestick Make the Buying Pressure and make continue of Uptrend 3. Breaked the Support 2045-50 last Week Overall Possible Outcomes XAUUSD Buy @ 2030-45 Sl 2015 TP 1 2060 TP2 2090 TP3 2150
Reason Behind Bearish Setup 1. Bearish Engulfing Formed in Double Candlestick Pattern 2. Bearish Spinning Top Pushes to Sell 3. Retest Lower Trendline @ 1980 Overall Possible Outcomes XAUUSD SELL @ 1927-30 SL 2050 TP 1 2010 TP 2 1980
Reason For Uptrend Continuation 1. Breaked the Downtrend line 2. breaked 1960 and retest the Support and make ATH Overall Possible outcomes XAUUSD BUY @ 1950-60 SL 1933 TP 1 12000 TP2 2000
Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to...
OANDA:XAUUSD The price of gold (XAU/USD) is experiencing a remarkable surge on Friday due to escalating geopolitical tensions in the Israel-Palestine conflict. In times of uncertainty, traders are turning to the precious metal as a safe haven, while the US dollar (USD) is also strengthening. The escalation of the conflict in Gaza has led Israel to shift its...
Reason Behind the XAUUSD Bullish Setup 1. Fake candlestick Formation due to Obey of trendline and support @ 1810 2. Double Candlestick Confirms Half Confimations Bullish Engulfing and make the higher Movement 3.Three strike Line formed in trible candlestick and make Bull Movement 4. Hikake Bullish Setup takes the XAUUSD to Higher and breaked 1925 5. Decending...
Xauusd 15min bullish rsi divergence can look for 1861.100 only above 1855.800 risk reward ratio will be 1.35 dc : only for educational purpose
Reason Behind the Sell 1. Bearish Spinning Top the further Sell side Movement towards Swing low of 1905 2. Symmetrical Triangle Bearish Continuation and Sell trend Expected teh breakout and TReady for strong Sell Movement 3. Obey Resis ,Trendlien and retest the previous High Overall Possible outcome XAUUSD SELL @ 1940-45 TP1 1905 TP2 1965
OANDA:XAUUSD The Gold price is experiencing an upward trend for the third day in a row due to various factors. The safe-haven XAU/USD is benefiting from a decrease in risk, which is leading to a slight decline in the US Dollar. Traders are closely monitoring upcoming data releases and central bank events this week, as they may provide new insights and...
OANDA:XAUUSD The price of gold is currently moving in a lateral direction, hovering around the $1,930 mark. Traders are anticipating that the Federal Reserve (Fed) will maintain interest rates at their current levels of 5.25% to 5.50% during its September meeting. The focus is on the upcoming Fed meeting, which will take place before rate decisions from the...
OANDA:XAUUSD The price of gold stays steady at around 1,932 as significant central bank events approach. It is widely anticipated that the Federal Reserve (Fed) will maintain interest rates within the range of 5.25% to 5.5%. Traders will be closely monitoring the monetary policy meetings of the Fed, Bank of England (BoE), and Bank of Japan (BoJ).
OANDA:XAUUSD The price of gold has gained strength following positive data from China and new fiscal stimulus measures. The US Dollar (USD) has retreated from its six-month peak, providing additional support for the precious metal. Increased bond yields in the US may also help limit the correction of the US Dollar (USD).
OANDA:XAUUSD Despite a slightly higher inflation report, the gold price is facing difficulties in making a definitive move. The US Dollar is showing reduced volatility even though the increase in headline CPI did not support those who favor tighter monetary policy from the Federal Reserve. The upcoming release of the US PPI and Retail Sales data could...
OANDA:XAUUSD The price of gold has caught the attention of buyers for the second day in a row, as it benefits from a combination of factors. Concerns about a potential global economic decline and worsening relations between the US and China are driving investors towards the safe-haven metal. Additionally, profit-taking on the US Dollar is being prompted by...
OANDA:XAUUSD The price of gold is currently trading sideways as the US dollar retreats. The improvement in US Treasury yields has the potential to put downward pressure on gold prices. China's disinflationary pressures have also had an impact on the yellow metal. During the early trading hours in the Asian session on Monday, gold is trading around $1,920...
OANDA:XAUUSD The gold price is currently trading without a clear direction as investors are now paying more attention to the upcoming US inflation data. There are concerns among investors that any potential increase in the Consumer Price Index (CPI) could raise the chances of the Federal Reserve implementing a final interest rate hike. Although it is possible...
Reason For First Bullish 1. Inverted Bullish Hammer 2. Fake Bearish Spinning Top wgich make the retracement towards the Nearer Resis 1937-40 Reason For FALL/SELL 1. Double Top Formation @ 1940 2. Obey Strong Resistace and trend lINE @ 1940 3. Symmetrical Triangle Breakout Over Sell region Expectecd Over Possible Outcomes XAUUSD SELL @ 1935-40 SL 1955 TP...