this trade is plan coz of trend and OB on 15 min timeframe.
Judging from the daily chart of gold, the price of gold hit a record high last Friday, but then there was a correction, falling by about US$87 from the high to around US$2,344. This is because investors are taking profits and exiting the market when they see that the price rally may have been excessive. However, gold rebounded quickly on Monday after falling to...
15 Minutes resistance Trend line break. So buy now low sl maintain.
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (11-04-2024) Current price- 2338 "if Price stay below 2354, then next target is 2320 and 2300 and above that 2378. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (05-04-2024) Current price- 2296 "if Price stay below 2306, then next target is 2280 and 2260 and below that 2320. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
As expected, no breakthrough occurred last week while gold was moving sideways around 2380. The market reacted to news regarding Iran & Israel last week; however, the reaction has been diminishing since Iran's first retaliation. When Israel responded to Iran's attack during Friday's Asian session, the gold price failed to reach beyond 2420 and quickly resumed its...
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
Gold is at 2341. Area to watch 2364. gold above 2355 will go 2365 2372 gold below2336 will go 2320 2311. plan accordingly. Support us by liking and sharing the post.
gold going to short when entry confirmation for short time cross 200 moving AVG
Gold rebounded at the end of last Friday, but the rebound did not reach the 2400 mark. The daily small positive star K line consolidated, rebounded again to confirm 2392, and then came under pressure and fluctuated downwards. Spot gold continued its sharp decline during the day. It is currently located near 2360 and plummeted by nearly 40 US dollars during the...
Good Morning Traders, Sharing Gold Support for the day, 2300 area working as support. but gold is under selling pressure till the time gold will not break 2330 area and sustain we can se low area like 2285 and 2272. If gold will able to break 2330 and sustain then we can see 2350 2355 area, Plan accordingly.
Gold prices moved in a narrow range on Tuesday, holding steady near a record high. The ongoing crisis in the Middle East continues to influence investor sentiment, increasing interest in the precious metal. Even though the US dollar is strengthening, gold is still showing resilience as US Treasury yields fall from multi-month highs. Reducing geopolitical tensions...
GOLD: Bullish - FLAG detected + Breakout of the range. 1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$. 2- When we break a range the Take profit should be the Height of the range. Then the TP2 is expected around 2 518$. 3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
Next week gold expecting bullish , technically xauusd is bearish, but fundamendally some war issues effect on gold
The gold market experienced a sharp correction ahead of Friday's close. The price retreated significantly from the high of $2,431, eventually settling at $2,343 levels by the end of the trading day. This change is influenced by many factors. On the one hand, the overheating trend of the US Consumer Price Index (CPI) shows that inflationary pressure still exists,...
Hi everybody! Gold just experienced a volatile day yesterday, falling sharply to $2,330 before quickly recovering to $2,392, recording a spectacular increase of $62 in a short time. This strong recovery further reinforces the sustainable appeal of gold in the current context. In a situation where inflation in the US is rising, the Federal Reserve's (Fed) ability...
The rapid retraction from the new high suggests the gold price has entered a short-term correction period. Gold reached a new all-time high of 2431 last Friday after the US market opened, but the price quickly retreated. It lost key support of 2400 and 2380, falling back to the bottom support of Thursday near 2330, ending the weekly at 2343 with a slight increase...