Gold has continued it's Bullish momentum as mentioned in previous Idea post.
From 2080 to 2130 we had anticipated the move, before the retracement begins, But Gold has surpassed 2130, that makes a case for further Bullishness opening
2150
2200
Although it is little less likely for Gold to Zest past 2150 without some retracement, But JOLTs and Powell could make...
Symbol - XAUUSD
CMP 2147
A retracement is pending in XAUUSD after a huge up move.
Taking short position in XAUUSD at CMP 2147
SL - 2160
Expected Targets - 2125, 2112 & 2090
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
We'll exercise patience as we wait for the price to reach the .618 Fibonacci level at 2150 . Once this level is attained, we'll proceed to place a buy side order, with a stop loss set at 2147 , aligning with our bullish perspective. This strategy allows us to capitalize on upward market momentum while implementing risk management measures to safeguard our...
The price of gold continues to rise to its all-time high around $2156 as Chairman Jerome Powell's comments reinforce expectations of monetary policy easing this year. Betting on interest rate cuts is driving up the price of gold, and everyone anticipates that the easing will happen soon, further supporting gold.
The non-farm payroll report for February, set to be...
As we can see th egold is on all time high so I has to wait till gold break the lvl of 2163.837 after that i took the trade and you always look for teh 30 min closing i managed to take 60 pips 🤞❤️
looks like we can see a small correction in gold
Low risk and high reward trade, if it comes above 2150 again please exit the trade otherwise it can give big target
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (08-03-2024)
Current price- 2158
"if Price stay below 2165, then next target is 2150 and 2140 and above that 2180.
-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 snaps seven-day winning streak while retreating from the all-time high (ATH) of nearly $2,165 to $2,156 early Friday. In doing so, the precious metal portrays the consolidation of recent gains ahead of the all-important US employment details for February amid the overbought RSI (14) conditions. It’s worth noting, however, that the bullion still trades...
I am interested in both SELLING and BUYING. After breaking all the resistance gold created all-time highs, but some correction may be possible, so I'm looking for a short-term sell and a big buy move after the correction.
Hello everyone, it's great to see you all again for today's discussion on the price of gold!
Currently, gold is trading around $2,145.560 per ounce, an increase of $17,995 per ounce compared to yesterday's price. This upward trend in gold continues today, driven by the expectation of monetary easing in the United States. Gold has strong potential for short-term...
so, we have to just wait for the price to come at the 2119 to 21117 wait for the candle close or at a smaller time frame look for reversal to take trade on the long side. i have marked the levels . take trade carefully at your own risk.
The price of gold (XAU/USD) has taken advantage of its recent upward momentum and reached a new record high around $2,152 on Wednesday. This price increase comes amidst expectations of an upcoming change in the Federal Reserve's policy. Comments from Fed Chair Jerome Powell have reinforced these expectations, indicating that the central bank is likely to lower the...
As we can see gold on all time high so we should not rush it because if you see daily time frame of gold we can see that there is a chance for a good pull back so be wise remember its easy plase follw risk management only guys
"Get ready for a potential surge in gold prices as the market hints at a breakout of the flag and pole pattern. The flag and pole pattern, a continuation pattern typically seen in strong uptrends, is forming in the gold market, indicating a potential resumption of the bullish trend. Stay ahead of the curve and capitalize on this opportunity as gold gears up for a...
Welcome back to a fresh discussion on the gold price for the upcoming week.
In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday.
Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed...
Yesterday's candle was a strong green one, with a range of 27 pips and a body of 20 pips. Notably, it broke through the previous peak at 2149, reaching 2152. The trading volume for three consecutive days was consistently higher than the average, indicating a strong upward trend for gold prices.
Regarding news: Yesterday had three pieces of news— one negative for...
Gold, as mentioned in previous week's analysis has Touched 2085 zone!
And with what Strength 🚀
2100 Zone is going to act as Crucial Resistance.
One may expect some retracement following the Trending move.
2065 2055 is going to act as crucial Support and any retracement will see possible follow up buying.
In case, 2055 is breached, then 2030 2015 could be...
