Price is at the important zone 2200. And the range is narrowing down. If price sustains 2196 - 2202, then we can expect good move towards next resistance. Buy above 2202 with the stop loss of 2196 for the targets 2209, 2216, 2223 and 2232. Sell below 2190 with the stop loss of 2196 for the targets 2184, 2178, 2170 and 2164. Price may move in range if it does not...
Geopolitical tensions remain high, even as Federal Reserve officials continue to be hawkish. But gold continues to hold strong, with higher lows Gold prices rose as investors awaited key U.S. inflation data later this week that could provide more clues on the Federal Reserve's policy path. Spot gold closed at around $2,194.0 an ounce. Fed Governor Waller said...
This week, the gold market has witnessed a strong bullish momentum, while the bears have incurred certain losses. Bulls have been consistently pushing the market higher, even amidst significant retracements, which seem to be aimed at enticing bears into the market. While a topping signal has appeared on the weekly chart, the signal on the daily chart remains...
Market still round 2193 to 2203 Wait today...today Unemployment and Final GDP NEWS If market cross & CLOSE ABOVE 2222 next zone will me 2238-2300 If market cross & CLOSE BELOW 2145 it will be RED ROSE... then NEXT buy zones will be 2038-2025 1995-1973 1948-1931 1829-1811 Checking in day candle body doesn't close above DAY BOS in line chart seems M PATTERN...
Idea of gold trading: The price of gold in the world market has increased during this morning's trading session due to the lack of improvement in business environment and consumer confidence in the European economic region in March. Investors have expressed concerns about the global economy facing difficulties, leading them to increase their purchases of gold as a...
Gold prices returned to the red zone below $2,200 in Asian trading on Thursday, following a two-day recovery. However, gold and other precious metals remain constrained and are yet to make a breakthrough. The scarcity of economic data in the US has prompted investors to buy gold on Wednesday, amid increasing speculation about a Fed interest rate cut in June. All...
according to fibonacci 1.272 is a high rejection zone considering previous order block zone of 2208-2210 so buyers will exit their position over there and the sell side trade will active according with bearish confirmation. initiate the trade with bearish reversal pattern or any bearish engulfing candlestick confirmation
Gold Technical Analysis, March 28 Bears in the gold market have taken a beating this week, with bulls consistently pushing prices higher. Despite the upward momentum, there have been significant pullbacks tempting the bears. Looking at the weekly chart, there are signs of a potential top formation emerging, although signals on the daily chart remain unclear. Today...
Hello dear friends, let's explore the price of gold today with RKarina! Currently, gold continues to maintain its strong position on Thursday, with prices showing a significant increase from $2175 at the same time yesterday, and currently hovering around $2190. As a result, the precious metal is on an upward trend as investors await inflation data from the...
SUPPLY 2208-2210-21225-2130 DEMAND 2190-2185-2180 watch carefully price in this area
Price reflection through Waves We all know that price does not moves in a straight line, it moves in waves. A graphical representation of price with respect to time always gives us a wavy structure. If you notice carefully, on any chart, these waves reflect different characteristics. Some will be longer and quicker than the others while some will be smaller and...
Hello traders! Gold continues to tread water, maintaining stability around the $2077 level after touching $2200 yesterday. As the days go by, traders eagerly await the final GDP estimate from the US on Thursday, along with data on jobless claims and weekly personal spending. Additionally, the release of the US PCE Index on Friday could be a significant event risk...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (27-03-2024)) Current price- 2190 "if Price stay above 2182, then next target is 2200 and 2214 and below that 2162. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
market unable to close above 4h high... and 15mins correction sell high has been confrms...so market may go extreme buy zone use buy limit which is in link...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (26-03-2024) Current price- 2196 "if Price stay below 2209, then next target is 2185 and 2164 and above that 2222. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
chart looks bullish for gold , script is forming inverted head and shoulder pattern
Gold technical analysis: Based on the daily chart of gold, last week saw a spike to the 2222 level, establishing a new historical high before retracing back to the 2157 level. Although there was a certain degree of rebound at the beginning of this week, especially on Tuesday when it briefly surpassed the 2200 mark, the gains were ultimately retraced, with two...