Gold seems to continue its bullish move after a short retracement , Technically , its tapping weekly fvg , and showing minor bullish movement over there , Give us oppertunity to build a bullish trade
Buying zone active, Looking for upward movement, Proper risk management suggested, watch my last analysis on gold for more clarification. On D1, gold quotations are above the 200-day Moving Average, suggesting that an uptrend is now in effect. The resistance line is being tested by the RSI. In this scenario, it is anticipated that the price will test and then...
Buying zone active, Looking for upward movement, Proper risk management suggested, watch my last analysis on gold for more clarification. On D1, gold quotations are above the 200-day Moving Average, suggesting that an uptrend is now in effect. The resistance line is being tested by the RSI. In this scenario, it is anticipated that the price will test and then...
Gold (XAUUSD) Trading at Lower End of the Hourly Channel: A Potential Rebound Gold (XAUUSD) is currently trading at the lower end of its hourly channel, around the 2312 level. This price point is significant as it aligns with a key demand zone identified on higher time frames. If the channel boundaries are respected, we could anticipate a recovery towards the...
When analyzing the recent price movement of gold and its implications, it's important to consider several factors that could influence the market and trading strategies. Here’s a structured analysis based on your current observations: 1. Technical Analysis Breaking the Bearish Channel: Gold breaking out of a bearish channel signifies a potential shift in...
Good Morning Traders, Till the time gold is moving above 2350 we can se more above levels 2365 2370 and 2380. If Gold will break 2350 and sustain below then only we can see 2345 2340 and 2330 Reson for gold bullishness is Israel’s war on Gaza updates: Dozens dead as Israel attacks on refugee camps Our preference is sell from high, Plan accordingly, Happy Trading 😊
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
A descending triangle is a bearish chart pattern in technical analysis that's characterized by two trendlines: a descending upper trendline and a second, flatter horizontal trendline that's lower than the first. The pattern is formed by a series of lower highs that meet the flat support line at the bottom
FOREXCOM:XAUUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370
Be provide a good signal in The Gold and still good show the bullish sign because it’s not break 2400 level. Buy gold 2410-2420 Target are 2460 2480 2510 Sl are 2370
above is the h1 time frame trade analysis of pair xau/usd possible up front move from discounted area 2390 to 2393 long from 2390 to 2393 sl area 2370 target area 2450 and above
At the start of the week, gold prices saw a decline due to stronger U.S. Treasury yields and a rebound in the U.S. dollar. This led to a moderate pullback from its recent peaks, although the price of gold still remains relatively high historically, influenced by persistent economic and geopolitical uncertainties. Analysts predict that gold prices may rise later...
Current Market Situation Gold prices have been experiencing a bullish trend, recently approaching the resistance zone of 2397-2400. This movement is significant as it indicates a potential test of this critical resistance level. Scenario 1: Immediate Upward Movement In the first scenario, gold continues its upward trajectory and tests the 2397-2400 resistance...
Gold price extended its uptrend for the second straight day on Wednesday and hit a three-week high of $2,390 after data revealed by the US Bureau of Labor Statistics showed inflation is ebbing, increasing the odds for a Federal Reserve rate cut in 2024.
Technical analysis from TradingView highlights that gold recently touched $2,360 and even approached $2,380 before facing some resistance and correcting downwards. Despite this, the sentiment remains that a round bottom pattern may indicate potential growth in prices, with key levels being watched at around $2,365 and $2,379 (TradingView). The ongoing...
Technical Analysis Support and Resistance Levels: Support Level at $2400: This level has proven to be a strong support as prices have rebounded after reaching this level. It indicates that there is significant buying interest at this price point. Resistance Levels: As gold moves up, the next resistance levels to watch would be around $2450 and $2500. These...
if price brake through 2393 area and retest that zone one can open long position long area 2372 tgt1 2397 tgt2 2406 sl area 2368