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Will gold break through 2700 on Friday?
Gold market analysis:
In the Asian session on Friday, gold quickly rose after opening, breaking through the key technical level of 2690 and forming a head and shoulders bottom pattern, showing the possibility of further rise. So far, the gold price has reached 2694 as high as possible. If nothing u
GOLD--> Local trend changing? Will it rise to new ATH?Hi guys,
OANDA:XAUUSD after a false breakout at 2700, the price has returned to a correction phase, aiming to consolidate its potential for continuing the trend. In the current situation, the fundamental backdrop is shifting in favor of the metal, which active buyers are pursuing...
Gold has not
Golden Cross, Overbought Conditions, and Key Resistance Ahead!
Price is above all moving averages, indicating an uptrend. A Golden Cross is forming near the 2656 level, suggesting bullish potential. However, caution is advised as the price is near strong resistance, which may cap upward movement. For a potential correction, the price target is 2656.
The mo
Gold: Are Buyers Still Motivated?OANDA:XAUUSD extended gains for a third straight day, ignoring a rising US dollar as risk-off sentiment boosted safe-haven assets. The yellow metal has gained more than 3.40% on the week, with buyers eyeing the $2,700 mark.
Technically, gold is in a bullish trend today on most timeframes after buy
Xauusd long loading..Gold is currently experiencing bullish momentum, suggesting a potential upward movement towards the 2700 level. If the daily candle closes and maintains its position above 2650 today or tomorrow, the immediate targets to watch for will be 2675 and then 2700.
Gold bullish till 2660Gold touched low of 2615 from 2715 by the ceasefire news.
As it makes a low and broken resistance of 2625
Now its 1st target 2643,
2nd 2660
3rd 2685.
Gold-> continue to drop to $ 2600. What will happen?Hi guys,
Gold prices dropped to their lowest level in a week during the Asian session on Tuesday, although spot prices found some support near the $2,600 mark.
Meanwhile, the prevalent risk-on environment, coupled with bets for slower Fed rate cuts and rising U.S. Treasury yields, is driving flows
#GOLD XAUUSD Analysis on(26/11/2024)#XAUUSD UPDATEDE
Current price - 2633
If price stay below 2655,then next target 2600,2575 and abive that 2686
Plan;If price break 2632-2640 area,and stay below 2630,we will place sell order in gold with target of 2600 and 2575 & stop loss be placed at 2655
Gold Prices Surge, Eyeing the $2,800 MilestoneToday, global gold prices have continued their impressive rally, with spot gold reaching $2,716.33/ounce, up nearly $46.7 (+1.75%) compared to the previous day. This marks one of the strongest gains in recent weeks, pushing gold to its highest level since early November.
Key Drivers Behind Gold's
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Displays a symbol's price movements over previous years to identify recurring trends.