On April 3, gold surged to hit 2300? The factors why such a surge mainly stems from three aspects:
First, the market expects the Federal Reserve to cut interest rates. We have repeatedly emphasized in the past that it is only a matter of time before the Federal Reserve cuts interest rates. This is also the main driving force for the market to continue to be...
Oh my goodness, everyone! You won't believe how gold has been shining like a diamond lately! On Wednesday, for the seventh consecutive day, gold (XAU/USD) reached an all-time high of around $2,282. Isn't that incredible?
With all the drama unfolding - from the heartbreaking conflict between Russia and Ukraine to the simmering tensions in the Middle East, not to...
Silver - BO Confirmed.
first target 30 dollar and thn 50 dollar.
Remember: I am a Price Action Trader and use Price and Volume together with different Timeframes, including RSI, and market conditions. To get best result always wait for confirmation. Focus on Risk Management and Position sizing.
I use Trading view for my Analysis and charts Repositories. I could...
Good Morning Traders,
Till the time Gold is moving in Alien (un known)zone.
We cant predict gold retracement zone from where gold can return,
So we are using a old method Fibonacci Reverse Levels.
In which you can see in Chart we can expect gold levels from where we can
see the reversal or retracements and the levels are
2288, 2293 and 2300.
So we can see...
In terms of news, the Federal Reserve kept interest rates unchanged in March, but Federal Reserve Chairman Powell reiterated that it is expected to cut interest rates three times this year. This shows that the recent overheating inflation has not changed the Fed's plan. The market's expectations for the Federal Reserve to cut interest rates have increased. Gold...
Hello dear friends, today gold continues to hold its ground at a high level despite some slight adjustments, but overall the price increase shows no signs of cooling down.
Currently, the price of gold is trading around $2250, down 150 pips from yesterday as precious metals undergo a correction after a strong surge.
Looking ahead, gold continues to be supported...
Welcome, everyone! Last week was nothing short of a gold fever, as the precious metal reached unprecedented heights. Fast forward to today, gold has once again soared, hitting $2265, marking a notable increase of $25 in the early hours of Monday's trading session.
This surge in gold's value is primarily driven by declining treasury bond yields and a weakening...
The record rise in gold prices is a sign that investors are worried that the Fed will not be able to control inflation when it starts cutting interest rates.
Investors should wait for a pullback before buying. Gold may return to the price of 2,150 USD and will attract a number of new investors. The upward trend of world gold prices continues as the market is...
Warm greetings, beloved traders! Let's strategize for the gold market this week!
Last week, gold experienced an impressive and strong upward trend, reaching its all-time high. Today, we see this precious metal surging to $2,263, marking a $31 increase in the early hours of Monday's trading session.
The rise in gold is primarily driven by lower bond yields and a...
On April 1, gold rose sharply last week, ending March with the highest monthly closing price in history. There are many events this week. In addition to the economic data such as the U.S. non-farm report and global PMI, most officials from the Federal Reserve have given speeches. Their attitude towards the Fed's interest rate cut will directly affect the rise and...
pattern looks clearly bullish to me, but volume still the same as past week (low) we may see a one more small fall and sudden bullish movement , watch gold for next few weeks
A one candel drop is recovering to its middle health. we can expect again fall from 2237 point , If priice close below 2238 (or i have marked line ) we will see flow to 2220 ,
Making W pattern but trapping the retailers !!!!!!
SORRY for late update.... Sunday i was too busy
Now we see xauusd hits the DAY 1st pull back zone(2259-2305)
In 4Hrs also gold hits 1st pull back zone(2263-2280.5)
once market touches our pull back market starts fall
In 15mins we got High confirmation using my method and also now we got choch (correction choch in 15mins only) confirmation
so entry will be
...
XAUUSD side side direction expect
gold expecting 2 level
2265.50 break the level and continue the price
or
continue down side direction to break 2144.33 level
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...
