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...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (15-04-2024) Current price- 2355 "if Price stay above 2342, then next target is 2380 and 2400 and below that 2318. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Gold bullish trade setup 2 scenarios If price breaks support, cancel bullish setup.
From now on I would type everything in English because my previous analyzes were deleted because they were in Dutch.
Gold is at 50 sms resistance zone at 4 hour timeframe. And 50% selling retracement zone. We can sell gold with 10 point SL
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
Let's recap the gold prices from last week and strategize for the upcoming week. Overall, there was no surprising volatility in gold last week, as it adjusted from 2400 to 2338. This decrease followed the expected cyclical pattern in gold's movement, so there is no immediate reason to worry about this metal. In the past couple of days, gold has once again...
Gold price portrays a four-day losing streak as market players brace for the first readings of the US first quarter (Q1) 2024 Gross Domestic Product (GDP). In doing so, the XAUUSD justifies the previous day’s downside break of a $2,324 support confluence, now resistance, comprising the 21-SMA and a two-month-old upward-sloping trend line. It’s worth noting that...
Now support on 27.11 pull back and bullish reverse Trend Target will be 27.80
Good morning Traders, Today's Gold main level is 2315. above 2315 we can expect 2344 and 2355. below 2315 we can see more down levels 2305 and 2295. Most chance gold will break its recent resistance area of 2332 2335 and sustain, try to reset upcoming levels 2344 and 2355. Plan accordingly, Happy Trading 😉😉
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...
Due to the sudden intensification of the conflict between Iran and Israel on Friday, gold quickly rose to around 2417. After the market's risk aversion sentiment cooled down, the price quickly fell back to the resistance level of 2372, and then rebounded to around 2400, but did not effectively break through 2400. At present, the market is still in a volatile...
As we are able to see gold is moving in bullish channel. till the time gold is moving above 2330 we can see 2355 2364 2374. Below 2330 again we can see 2310 2300 2290 2285. Plan accordingly, Happy Trading. 😉😉😉
A BUY order was placed in XAUUSD which is giving good profit. The reason for this trade is rejection candles on the 1H timeframe and strong demand zone.IF you want to learn how trade follow me ..
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.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Gold rose rapidly in the morning, stimulated by the news, reaching a maximum of around 2417, with an increase of about $43. However, there was a retracement later, with the lowest falling to around 2380, basically erasing the morning gains. This dynamic may be a shuffling behavior by short-term short sellers with the help of news. If the morning rise is just a...