Dear beloved friends, yesterday's gold trading session was relatively calm with no significant fluctuations. At present, the price is still hovering around $2033 and maintaining support at $2025.
In the short and medium term, the upward momentum of gold is still highly regarded. From today's chart, the two main targets for buyers are $2037 and $2041.
Regarding...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (26-02-2024)
Current price- 2035
"if Price stay above 2028, then next target is 2042 and 2050 and below that 2020,2016.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
check out previos post.... who take buy with me!!
congrats dear's almost we got 80% of just set BE and chill
followe me for more analysis #gold #banknifty #forex #nse
Yesterday, the candle closed with a long red body, indicating a significant price pullback from 25. The price range of approximately 12 points suggests market indecision, waiting for a reaction.
Important news today:
Durable Goods Orders m/m at 20:30 (better for the currency if higher). The most recent occurrence was on January 25th, with negative news causing...
Hello dear colleagues, what do you think the closing price of gold will be today?
Last night, the price of gold decreased despite the sharp decline in the US dollar. Normally, a weaker US dollar would support an increase in the price of gold. However, in the last session, it defied market norms with a decline in the USD due to forecasts showing durable goods...
📊Yesterday Price Rejected (took support) from weekly pivot (2025) and today price trading above daily pivot (2031.20: Extreme Narrow, means market can spike in any side with good momentum so watch your stops carefully)
🚀Intraday Buy Scenario :Price above daily+weekly Pivot+ Above trendline support, look for 2040 then 2050 Level.
🔻Intraday Sell Scenario: On...
Fake breakout at level of 2038 then make M pattern in 1 hr chart. so we can caugh a best trade for short up too 2016.
This is only For Education Purpose only...
Hello traders, what do you think about GOLD?
The fear of risk has driven the demand for US government bonds, contributing to the prolonged weakness of US Treasury bond yields across the yield curve. The slight decrease in US Treasury bond yields helps limit the adjustment of Gold prices.
In the coming days, the momentum of the US Dollar and US Treasury bond...
Current price XAU USD has made divergence H4 time frame in relevance to daily target 2056
my idea Xau will go to support area weekly before going up to daily targe
Timeframe: 1 Hour
View Bulllish
Gold prices rise to $2,044.7/oz after Fed meeting minutes.
Fed hints at potential monetary easing.
China's base metals dip, but rate cut signals growth support.
Possible boost to 2024 demand with further policy easing.
