Reason For Bearish 1. Stochastic Oscillator Overbought abobe 80 and ready for Bearish 2. RSI 14 @ 55 which Pushes to Sell Trend in 1H Overall Possible Outcomes XAUUSD/GOLD SELL @ 2030.60 SL 2036.5 TP 1 2024 TP 2 2020
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 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
XAUUSD pair is currently trading in a critical price range, specifically between 2075 and 2080. This analysis aims to provide a bearish perspective on the market conditions within this price bracket. Technical Analysis: Resistance Levels: The price range of 2075-2080 has historically acted as a significant resistance zone. Multiple attempts to breach this level...
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
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...
Hello ladies and gentlemen 👻Gold continues to rise as predicted currently trading at 1882 USD. The main reason is that last night's news made the USD cool down, causing them to return to a defensive level. A little technical analysis 👻Gold is being challenged near the 1888 USD area (resistance level). It is likely that after achieving a good increase, Gold will...
Xauusd Positional Pullback on 1 day tf can look above 1856.200 for posiotnal tp of 1884.200 risk reward ratio will be 1.48 dc : only for educational and learning purpose
⚡️Market news Gold prices were healing early Thursday, holding near their lowest since mid-March set Wednesday at $1,973. The US Dollar (USD) is at a 10-month high against its major peers, tracking persistent strength in US Treasury yields. ⚡️Optimus's point of view Gold's closest support zone is 1872-1874 The further support zone is 1855-1857 When the near...
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...
From a short-term technical perspective, nothing seems to have changed for Gold price, as a correction from a seven-month trough remains on the table. The 14-day Relative Strength Index (RSI) indicator stays heavily oversold, justifying a case for a Gold price rebound anytime soon. Should Gold price stage a decent comeback the initial...
World gold prices continued to decline slightly with spot gold down 5.3 USD to 1,823.1 USD/ounce. Gold futures last traded at 1,839.5 USD/ounce, down 5.1 USD compared to yesterday morning. A strong USD and US Treasury bond yields rising to their highest level in 16 years pushed gold futures prices to a 10-month low in early morning trading this morning (Vietnam...
World gold prices fell sharply with spot gold down 21.3 USD compared to brightness, falling to 1,828.4 USD/ounce. Gold futures last traded at $1,844.60 an ounce, down $21.50 from the bright spot. The USD reached its highest level in 10 months and US Treasury bond yields increased to their highest level in 16 years, which are factors hindering gold's...
Gold could stage a rebound if $1,810 support holds Gold is currently consolidating its losses from the past week and is trading at its lowest level in seven months, below $1,820. Despite this, the overall bullish sentiment surrounding the United States Dollar (USD) remains strong, primarily due to the significant increase in US Treasury bond yields. As a result,...
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
Let's explore the market today with Ad! Yesterday witnessed gold continuing to decline from $1875 to $1866 in today's trading session. This is the lowest number in several months. High bond yields and a strong USD continue to weigh on the precious metal. With the Fed maintaining its trend of tightening interest rates and the unfavorable market conditions for...
⚡️Gold prices fell to a more than one-month low amid sustained USD buying and bets on Fed interest rate hikes. ⚡️Gold price drifts lower for the third straight day and drops to over a one-month trough. The Fed’s hawkish stance continues to underpin the USD and weigh on the commodity. A weaker risk tone fails to benefit the safe-haven XAU/USD or provide respite to...
Breaking the 1893 support zone, gold plummeted to 1874 Gold price dropped nearly 40% in just 2 days, this is a huge crisis for XAUUSD traders Is there any chance for gold to return? I am inclined to the trend that gold will return to the 1898-1900 area before plummeting again to form a new "Down Theory". Let's refer to some of the following news: This morning,...