Price reflection through Waves
We all know that price does not moves in a straight line, it moves in waves. A graphical representation of price with respect to time always gives us a wavy structure. If you notice carefully, on any chart, these waves reflect different characteristics. Some will be longer and quicker than the others while some will be smaller and...
Hello traders!
Gold continues to tread water, maintaining stability around the $2077 level after touching $2200 yesterday. As the days go by, traders eagerly await the final GDP estimate from the US on Thursday, along with data on jobless claims and weekly personal spending. Additionally, the release of the US PCE Index on Friday could be a significant event risk...
market unable to close above 4h high...
and 15mins correction sell high has been confrms...so market may go extreme buy zone use buy limit
which is in link...
Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
Gold prices rose on expectations that the Federal Reserve will cut interest rates this year, although traders are still waiting for inflation data this week to confirm the timing of a rate cut. Spot gold closed at around $2,171.5 an ounce yesterday
U.S. sales of new single-family homes unexpectedly fell in February after mortgage rates rose during the month, but...
gold rises due to weaker usd in global market.
same level in last year too same level same day.
now we have good sign for reversal.
sell xauusd from 2175-2190
sl 2225
35-50 usd stop loss and
target 2150/2125/2100/2075 in few week
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the week (March 11- March-15)
Current price- 2180
"if Price stay above 2158 then next target is 2200 and 2250 and above that 2310.
"if Price stay below 2195 then next target is 2170 and 2152 and below that 2110.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (20-03-2024)
Current price- 2204
"if Price stay below 2214, then next target is 2190 and 2178 and above that 2250.
-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 (22-03-2024)
Current price- 2174
"if Price stay below 2188, then next target is 2162 and 2150 and above that 2200.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Gold price remains lackluster within a three-week-old trading range, struggling to extend the weekly rebound by the press time. However, a gradually firming RSI (14) line joins the bullish MACD signals and a one-week-long bull pennant to keep the XAUUSD buyers hopeful. That said, the aforementioned trading range’s top surrounding $2,188 guards the immediate upside...
Hello, wonderful companions! Let's delve into the golden hue of yesterday's market session.
Gold seemed to pause after reaching $2,200 once again, finding a steady rhythm around $2,178 in the early hours of Wednesday's Asian trading session.
Looking at the future prospects of gold, the short-term outlook remains optimistic. Predictions are being built around the...
Let's delve into the motivation behind today's gold market! Early on Tuesday, gold slightly surpassed the crucial $2,150 mark due to predictions of the Federal Reserve cutting interest rates this year. Comments from Fed officials, indicating a dovish stance, have put pressure on the US Dollar, thus providing significant support for gold priced in USD.
Looking at...
Hello astute and wealthy traders! Let's delve into today's market dynamics!
Gold (XAU/USD) continues to maintain a consolidating sideways trend this Tuesday, staying within the familiar range established over the past three weeks. However, the balance seems to be leaning towards the bullish side as the Federal Reserve prepares for a less restrictive policy...
XAU now in manupulation area and attracting sellers in this area from 2181 to 2185. Here something probably gonna happen because of fibbonaci golden zone on 2189. We may see heavy sellers in that area
After the gold daily line experienced a wave of highs and declines and closed the extremely long upper shadow line, it closed negative again, with continuous negative lines falling back, and the disk price has returned to the original correction area. Regarding the next trend of gold, we need to pay attention to the following points: First, from the perspective of...
Reason Behind Sell
1. Market Reached Our Trendline Resistance 2175 and fall
2. Breaked Support Support 2175 and Retested today
3. Formed Symmentrical Triangle Pattern and Break expected @ 2169
Overall Possible Outcomes
🔹FX SIGNAL
GOLD SELL 2170.20
SL 2180.00
TP 2157.00
Hello everyone, let's find out how the price of gold fared last week and strategize for the upcoming week!
Last week marked a significant moment for gold as it reached an all-time high of nearly $2222 USD. Market news, particularly rumors of the Federal Reserve cutting interest rates this year, played a crucial psychological role for investors, leading to...
