Spot gold continued to show an adjustment trend this week due to factors such as profit-taking by bulls and the dissipation of geopolitical risks. The market price continued to fall, reaching the lowest level of 2277.18. Although the closely watched non-agricultural data was bullish for gold, the boost to gold's performance was limited. The price of gold shot up...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (02-05-2024) Current price- 2302 "if Price stay below 2313, then next target is 2292 and 2280 and above that 2328. -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 (07-05-2024) Current price- 2323 "if Price stay below 2338, then next target is 2314 and 2300 and above that 2370. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Hello everyone, it's RKarina again! Today, gold prices continued their recovery since Monday, with the metal up more than $25 since the start of the new week. Although gold has experienced two consecutive weeks of price declines after a 5-week recovery streak, overall investor sentiment is still optimistic about this precious metal. From chart analysis, we see...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (03-05-2024) Current price- 2298 "if Price stay above 2278, then next target is 2316 and 2328 and below that 2260. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Hi everybody! Today, gold prices cooled after initially rising slightly, recovering from key support levels. However, this momentum is limited by lingering expectations of higher interest rates in the US. The metal jumped to $2,300 an ounce in overnight trading, after the US Federal Reserve announced no immediate interest rate hikes, which weakened the dollar and...
Hello dear traders Today let's explore the price of gold together! Gold recovered slightly after a volatile Friday, trading steady around $2,310 and up 0.34% on the day. In terms of short-term outlook, gold appears to be moving sideways and is still in an accumulation phase with expected swings between $2325 and $2290. Pay attention to the marked points to find...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (29-04-2024) Current price- 2336 "if Price stay below 2348, then next target is 2324 and 2312 and above that 2360. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Hello everyone, currently the gold price is still fluctuating around 2300 USD and has not changed much compared to previous sessions. This metal is in the process of accumulation, waiting in a narrowing wedge pattern, preparing for a new trend while the market is eagerly awaiting information from the Non-Farm report. A breakthrough will be an important signal for...
Hello everyone, let's take a look at the gold price situation today! Yesterday, the gold market experienced a major fluctuation due to the important event of the Non-Farm report and unemployment rate. Gold went through a period of sharp ups and downs, as the price rose to $2,320 before falling to $2,277, however, gold ultimately remained stable around...
Hello everyone, today let's look at the price of gold together! Yesterday, gold fell to a low of 2282 USD. However, gold has now recovered and is fluctuating around 2,300 USD, crossing the EMAs 34 and 89 at a price of about 2,318 USD early on Thursday. The US Federal Reserve (Fed) decided to keep the benchmark interest rate unchanged from 5.25% to 5.5%, which...
2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.
Gold might continue to consolidate before next trending move. Range is Huge. Even Consolidation may provide decent Trading opportunities. 2330 is again going to be the crucial zone Below 2330, 2275 zone could be tested If 2330 is respected, 2390 zone could be tested. Rest Of the Analysis on Daily Basis
World gold price is currently trading around 2,320 USD. “The recent decline in gold prices that we have seen over the past few weeks may be weakening,” one expert noted. US employment data has weakened the USD, creating an opportunity for world gold prices to increase." According to technical analysis, in the short term, gold's next resistance level is 2,360...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (26-04-2024) Current price- 2342 "if Price stay above 2324, then next target is 2355 and 2370 and below that 2310. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Gold is going up to tge trend line , ucan buy at this level and sell near trend line and could get huge risk tk reward ratio.
Gold is looking for buyers to continue the uptrend on HTF, potential area is around beautiful price 2300-2310. Target 2330-2340 for to day. Using BB and ZZ for analysis on TF: M1, M15 and H1
In yesterday's comments, we pointed out that the risk of a downward adjustment in the gold market will increase. In today's market, the important support point 2312 predicted earlier has been fulfilled. Judging from the weekly review last weekend, we expect that the adjustment will continue for the subsequent market trend. The downward adjustment has not yet...