Gold break down from neckline long weekly consolidation. Looking for a drop of 2.65% from current price..
you can see my last post on gold .I placed to SELL order AND trade active , which is a strong SUPPLY ZONE.
Technical Analysis: Gold price bulls await a convincing breakout through the 50-day SMA before placing aggressive bets From a technical perspective, sustained strength and acceptance above the 50-day SMA will set the stage for an extension of the recent recovery from the $1,984 region, or a two-month low touched last week. Given that oscillators on the daily...
Gold price remains firmer for the fifth consecutive day while extending the previous week’s rebound from the 100-SMA within a nine-week-old bearish trend channel. In doing so, the XAUUSD buyers prod the 50-SMA upside hurdle while keeping eyes on the Federal Open Market Committee (FOMC) Meeting Minutes, up for publishing late Wednesday. Given the quote’s sustained...
Plan for February 21, 2024: Yesterday, My plan was successful as the price reached the 31 zone and then surged by 70 pips. The decrease in momentum, around 50% of the previous zone, indicates a continuing short-term upward trend. In terms of news: Today, there are no major news releases. Buy/sell zones for the day are as follows: Sell 01: 31-32. Sell 02: 38-40...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (15-02-2024) Current price- 1998 "if Price stay below 2012, then next target is 1985 and 1972 and above that 2020,2032. -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 (14-02-2024) Current price- 1990 "if Price stay below 2012, then next target is 1980 and 1970 and above that 2006,2018. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Gold analysis: Metal drops below $2K on hot inflation Technical levels to watch. The latest selling means more short-term support levels have broken down on gold chart, increasing the bear’s hold of price action. At the time of writing, gold was holding below $2000, a psychologically-important level. If there appears to be acceptance below this level, then watch...
as Middle East geopolitical tensions persisted but then fell back as the USD recovered. In the context of investors maintaining caution, precious metals are unlikely to break out before the release of the FOMC minutes and the US CPI on Thursday. The USD did not fluctuate much when the US market was closed for the President's Day holiday
gold revers head and shoulder found once the market come down to 2027-2020-2016 it will move upto 2080 check the chart use sl& stopx2lot size from current order if its fall it will go 1984
First up all Thank you to everyone.., now i fully completed SMC course with successful strategy... We done a back test on that almost97% SUCCESS RATE... Upcoming analysis based on that... In GOLD we got weekly BUY CHOCH @01dec2023 (in Daily we got buy BOS) And we got a HEAD AND SHOULDER formation @28dec2023(Daily) 1st buy correction 4H- sell CHOCH...
Gold broken 15 mins Trend line. 2022- 2020-2015 upcoming 4hr candle. Still hold on short position
xauusd buy view 🔵INCOMING SIGNAL🔵 (Please keep in mind it is bank holiday for the US so volume is very low.) 🔵INTRADAY SIGNAL🔵 👉 PAIR : XAUUSD BUY STOP 👉 ENTRY : 2022.40 👉 SL : 2014.987 👉TP 1 : 2030.10 👉TP 2 : 2038.40
Wait for a good retracement Respect Fib level Entry session London session is a sweet spot if thers any entry gives dont enter on London and Ny overlapping time wait for ends of london zone and Ny open
gold analysis ............................................................................................................................................................
The path back to target inflation, like the path to a soft landing, is always narrow and treacherous. And there are some worrying developments that could shake up the “endless deflation” the US has experienced over the past few months, potentially pushing back policy easing beyond March. Favorable financial conditions: a leading indicator of real GDP, which has...
Gold price rallied from a 3-month low last week. The US core inflation rate came in higher than expected, causing the gold price to break below the critical support level of 2000 and drop close to 1980. However, the release of the disappointing US retail sales data pushed the gold price back above 2000 (1) on Thu., ending the week near 2013. The main event on...