Gold showed weakness immediately after the opening yesterday. Although the European market rebounded slightly, the US market once again shot up to around 2323 and then began to fall back to around 2307. Although there is another upward move this morning, bears are still expected to fall. Considering that the overall trend in the early stage is weak, the morning...
Dear friends, On the daily chart gold closed with a doji candle and this could be a sign that on Monday we see a following red candle. We see that gold is getting a lot of support between 2290 and 2280.If the price closes below these levels we can look for prices around 2264/2254 and maybe even 2240 and after that 2220 but 2264 look more achievable for this week...
2345 is going to be the zone If Respected, then 2265 Zone 2230 Zone Could be tested. If Broken, then 2295 Zone Could be tested. 3 Possible Scenarios Planned Out A - Green B - Yellow C - Red In terms of Probability B>C>A This looks more likely. Share Your Thoughts in Comments Section.
Continues high to high I see rocket pattern gold it’s bullish trend .just trapped sellers and price consolidation..
15M resistance area. So sell sl maintain. Support resistance bass trading plan.
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (26-04-2024) Current price- 2342 "if Price stay above 2324, then next target is 2355 and 2370 and below that 2310. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Gold might continue to consolidate before next trending move. Range is Huge. Even Consolidation may provide decent Trading opportunities. 2330 is again going to be the crucial zone Below 2330, 2275 zone could be tested If 2330 is respected, 2390 zone could be tested. Rest Of the Analysis on Daily Basis
Hello everyone, today let's look at the price of gold together! Yesterday, gold fell to a low of 2282 USD. However, gold has now recovered and is fluctuating around 2,300 USD, crossing the EMAs 34 and 89 at a price of about 2,318 USD early on Thursday. The US Federal Reserve (Fed) decided to keep the benchmark interest rate unchanged from 5.25% to 5.5%, which...
Gold tested the 2280 support 3x last week, with the lowest hitting a 4-week low of 2277. The gold price held on to the 2280 support following a relatively neutral Powell's Fed announcement and weak US employment data. Since the price has bottomed out near the end of last week, expect the gold price to initiate a rebound in S-T. 1-Hr Chart - The gold price has...
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 is hanging below support and continuously testing the resistance zone at 2322-2326 ..we need to see how people and market react ..
Price is seeking for H1 lower BB, has reaction at H4 middle BB, so I expect it will go down for 100pips. Sell around 2300-2302, SL 2304, Tp 2292.
As i predictrd previously about gold . This could be also my best prediction as risk to rewad ratio is very high in this trade. We can see huge downward movementum at tis level.
Weekly charts are very strong on Daily charts multiple rejections at 2400 level followed by Bearish Engulf has cause weakness Expected pattern tgt is 2257 though being short is risky as larger trend is bullish Buy above 2352.64 for raiding bullish trend lower term supports are 2222.915 and 2148.990
In this chat you can see the trendline The prise crossed the trendline lable Its mean the prise breaked the trendline And its also itts breaked the rectangle small zone It will take time to break fully But.. After full breakout a good fall momentum will shown in gold So keep in your mind This can break Stay connected with gold Watch in lower timeframe After a...
15 m resistance area. Sl maintain trading. Support resistance bass trading
When gold 2350 break out up, next target 2400 & gold break out below 2277 next target 2221 Now few week play the game range between 2330 to 2286 But just my opinion gold it’s bullish.
Gold price lacks bullish momentum despite staying positive on a weekly basis, after a two-week downtrend. While bearish MACD signals and a steady RSI (14) line suggest a continuation of the metal’s recent sideways performance, a one-month-old falling wedge bullish chart formation keeps the buyers hopeful. It’s worth noting that the 21-SMA resistance of $2,338 will...