After the FOMC minutes, we didn't see much movements. expecting Gold to tap 1815-1830 Levels. Have a good trading day.
Gold seeks continued demand for past weeks, XAU/USD peaks to near three-week high as US Treasury yields drop and more volatile expected during the FED meeting.
Entry: 1775.888 SL: 1769.312 Target: 1817.683 4H OB and NFP data can give a good push, I'm expecting Gold to cross 1820
Midterm forecast: While the price is above the support of 1744.50, a resumption of an uptrend is expected. We make sure when the resistance at 1916.50 breaks. If the support at 1744.50 is broken, the short-term forecast -resumption of uptrend- will be invalid. We will close our open trades if the Midterm level 1744.50 is broken. Technical analysis: A peak is...
As NFP news early this moth made a rally or impulse to the downside in OANDA:XAUUSD , now we enter in a corrective phase to fill the vast ineficiency created by this news. As we enter this corrective phase, perfect buy zones are 1760 - 1750, and in particular 1756.5. I suspect that the corrective phase will last 25 - 35 days. Is perfect moment to activate EAs...
In my view after double top gold will fall for 1880
Midterm forecast: 1762.55 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 1762.55 is broken. Technical analysis: A trough is formed in daily chart at 1756.05 on 04/29/2021, so more gains to resistance(s) 1959.30, 2000.00, 2075.05 and more heights is expected. Price is...
XAUUSD is going to next Fib. level in Daily Chart ahead at 1923! Good Luck!
Dear Trader, XAUUSD have strong key level between 1845 to1860 and its completely broken with strong bullish candle. Also With Respect to Down Trendline it also broken with Strong bullish candle and now its retesting broken key level. So its confirm that its going to more BUY and we have best chance to BUY GOLD. We will take BUY order with Strong Stop loss...
Description: The counter XAUUSD’s price started moving upwards in the ascending channel. The formation of the ascending channel indicates the counter is in the bullish trend. The price is still in the channel and there is no indication for a breakout. The buying pressure of the market may pull the price even more upwards. Already the counter is in the bullish...
For the past two trading weeks gold was trading within confined range and unable to break on either side 1795,1760 was acting as strong barrier.Kindly watch the break out/down for potential buy/sell Upper side target would be 1815 and on downside immediate target would be 1750.
Buy It only when the trendline is not broke.... Set the stop loss under the trendline Good luck
Description: The counter XAUUSD is in the descending triangle from 31st March. The support baseline at the price 1676.48 and the resistance trend line at the prices 1755.62 and 1745.98 together form a descending triangle. Today the price is moving near the resistance line and it is expected move downwards. The bearish trend of the counter may continue further in...
DESCRIPTION: The price of the counter XAUUSD is maintaining above the support baseline at the price 1721.19. The baseline has been tested more than thrice. For the past couple of days the counter's price is moving near support baseline and there is no indication for a breakout. The bullish trend of the counter is expected to continue further. The buying mode of...