Judging from the daily chart of gold, the price of gold hit a record high last Friday, but then there was a correction, falling by about US$87 from the high to around US$2,344. This is because investors are taking profits and exiting the market when they see that the price rally may have been excessive. However, gold rebounded quickly on Monday after falling to...
Op de wekelijkse grafiek zien we een zeer grote wick en dat zou een omkeer teken kunnen zijn, maar het is alleen een omkeer teken als de prijs onder de 2280 sluit. Het is moeilijk te zeggen of het een omkeer zone zal zijn maar als de prijs boven 2280/2290 zone blijft kan goud verder groeien naar 2400/2450/2500.
Als ze onder de 2280-zone sluit, kunnen we op zoek...
The March retail sales data released by the United States overnight on Tuesday exceeded expectations. The U.S. dollar and U.S. Treasuries continued to climb, and for a time precious metals plunged. However, risk aversion then dominated the market and gold and silver returned to their gains. Because the Israeli military said it would respond to Iran's attack....
Dear investors,
We are currently at an important turning point, faced with the choice between reinvesting in gold - an investment that has eternal appeal, or going in another direction, exploring new opportunities.
Yesterday, gold experienced strong fluctuations, when the price fell below 2,325 USD/ounce. However, as if it were participating in a detective...
Gold prices moved in a narrow range on Tuesday, holding steady near a record high. The ongoing crisis in the Middle East continues to influence investor sentiment, increasing interest in the precious metal.
Even though the US dollar is strengthening, gold is still showing resilience as US Treasury yields fall from multi-month highs. Reducing geopolitical tensions...
Hi everyone...
Right now market touches our 1st Weekly PULL BACK zone which is 2357-2477 zone
We got Day High(using MY HIGH find method)-correction sell 80% confirms
In 4hrs the market got bounce on small buy zone which is 2335-2320
Also we got 15min low(using MY LOW find method)-trend continues
but doesn't get CHOCH(doesn't cross 2319) confirmation in 15Mins...
Gold witnessed some decent profit booking at end of the week.
Keeping it simple
2320 is going to be the Zone.
If respected, We may see retest of 2400 zone
If Not, then 2275 may provide some support.
Although Stronger Support Zone happens to be around 2220 2200 levels.
Rest of the analysis in coming days.
Let's all join in and devise a strategy to earn gold this week!
Last Friday, gold experienced a significant decline, plummeting nearly 1000 pips from $2431 to $2333. However, as we begin this week, gold has quickly regained its upward momentum, similar to recent trends. Currently, the price is hovering around $2360, after a 0.64% recovery today, equivalent to...
After the opening of the week, spot gold experienced a wave of violent market fluctuations due to the escalation of tensions in the Middle East over the weekend. Gold prices opened in the morning and jumped as high as $2,372.45 per ounce, but then turned around and fell below the $2,350 per ounce mark.
From a technical analysis, the current dividing line between...
Gold Trend Analysis: Gold prices have been trending upward since late March, and prices continue to attract buying around these levels. While the uptrend in the RSI has been broken, showing a weakening upward momentum, it is difficult to be too bearish on gold prices at the moment until we see prices finally break out of the uptrend. If the price remains above the...
COMEX.....GOLD AND SILVER.....
TGT1 and TGT2 achieved today....
See......Gold June Futures.....low 2340.30 range today......sell 2375.00-2380.00 range today on few hours ago.....
What Next.....2300/2400 June Gold Futures before Closing.....
See......Silver May Futures.....low 28.188 range today......sell 28.890-29.090 range today on few hours ago......
What...
GOLD: Bullish - FLAG detected + Breakout of the range.
1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$.
2- When we break a range the Take profit should be the Height of the range.
Then the TP2 is expected around 2 518$.
3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
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...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (12-04-2024)
Current price- 2395
"if Price stay below 2412, then next target is 2379 and 2359 and above that 2420.
-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 (11-04-2024)
Current price- 2338
"if Price stay below 2354, then next target is 2320 and 2300 and above that 2378.
-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 (08-04-2024)
Current price- 2340
"if Price stay above 2321, then next target is 2350 and 2365 and below that 2305.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
