Reason Behind XAUUSD Buy Limit 1. Clearly Obey the strong Support @ 1850 which is 8 month Low 2. Obey the Downtrnd Line and retest the trendline High of 1930 which is Upper Line Overall possible Outcomes XAUUSD BUY @ 1850 SL 1830 TP 1930
Reason Behind the Sell Movement 1. Bearish Spinning Top Confirms the SELL side Movement 2. Market Clearly Breaked Support 1900 which Make Positive for Sell 3. Market on Downtrend Overall Possible Outcomes XAUUSD SELL @ 1900 SL 1930 TP 1840
The price of gold continues to decline as the US dollar strengthens and concerns about China's largest XAU/USD customer persist. In doing so, the precious metal fails to justify its traditional safe haven status, as well as signaling an inability to rally concerns that the Federal Reserve will maintain stable interest rates in its September monetary policy...
Detailed analysis of Gold XAUUSD Past two days gold is in sell trend but can't break the weekly trend line so that trend has been changed.... AO (Awesome Oscillator) also indicates at... Even chart on Lower Lower but AO is in Higher Higher formation so that buying will be happen.... Entry will be 1964-1968. Stop Loss below 1933.... 1st supply zone is...
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...
Gold prices fell slightly on Monday as anticipation of a key Federal Reserve meeting kept investors wary at the start of the week, while copper prices fell sharply on concerns about slowing demand. The dollar rally, ahead of the Fed meeting, also weighed on metals markets, with the greenback pulling further from 15-month lows hit in early July. SELL XAUUSD zone...
Reason Behind XAUUSD Sell 1. Last Week Core CPI News Make the Asset to Move higher fundamentally whixh make the Break Resis 1940 and Later 1950 and presently located @ 1960 Which Over Immediate Support 2. Clear Rejection Over W Pattern due to Tecnical fIbo retracement @ 1980 which is also our Previous Support which react as major Resis Now Overall Possible...
Although inflation is still well above the Fed's 2% annual target. This is likely to attract more central bank rate hikes in the near-term, with markets broadly pricing in a gain of at least 25 basis points at its meeting in late July. A host of Fed officials also forecast more rate hikes in the coming months, warning that core inflation remains high and at risk...
Reason Behind SELL Projection 1. Breaked Support 1910 and retest For further Fall towards 1890 2. RSI 14 Below 50 which trends Bearish Trend IN 1H 3. Stochastic Overbought 5,3,3 Which make the asset Fall Overall Possible Outcomes XAUUSD SELL @ 1913 SL 1922 TP 1 1900 TP 2 1890
Dear traders, we expect price to be bullish until it reaches 2000-2015 region.
Reason For Bullish 1. RSI 14 Above 50 and tends the Market Trend Continuation In 1h 2. Stochastic Oscillator Oversold and ready to Move above 20 and Pushesh Higher High 3. Three Black Crows Formation Indicates Bullish formation
At this area, the market will give rejection or break out; take confirmation of the candlestick pattern; take the trade;
If news also helps this will work 100% in my opinion, anyway bullish for gold lets see...
Market was make a Evening Star wait for retest XAUUSD Analysis..
XAUUSD Analysis wait for retest or breakout and Candlestick ...
XAUUSD Analysis wait for Retest and Candlestick Pattern ........
XAUUSD Analysis wait for retest and candlestick pattern ........
Xauusd 30m Market was creat a engalfig pattern i think marke was go down