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...
RSI 14 ABOVE 50 and it indicates Buy trend in 1h Stochatic Oversold AND READY FOR bUY Overall Possible Outcomes 🔹FX SIGNAL GOLD BUY 2125.80 SL 2118.00 TP 2141.20
Given the robust resistance level observed at 2041.88 for Gold (XAUUSD) , there is a possibility of a downward movement in its price trajectory. Consequently, it is conceivable that Gold may experience a decline, potentially reaching levels around 2111 and 2080 .
In gold form order block in 1hr time frame and also long 4hr order block is there. if you are trading in gold so Look for Buy LIKE,SHARE,FOLLOW ( mentor of your mentor)
As Stated Earlier about the different zone related to gold movement and upside surge of rally , once again gold moved in a pattern followed by previous chart touched a high at $2126 Oz. today, marching towards previous higher mark of $2148 on 12th Dec 2024. As mentioned gold is at 2nd Selling range, But no sign of reversals are seen yet. Important Data is Lined...
XAU USD has formed cup and handle formation on monthly analysis. Expected bulls to continue the momentum.
XAUUSD Technical Analysis According Short Because, XAUUSD Moved in Ascending Channel or XAUUSD Move to Retest. Now I think XAUUSD is the Sell. for Long Time Trade.
Currently, gold prices have established strong upward trends, and this is why we should not sell at any time. Instead, we will wait for favorable reactions to seize buying opportunities. However, In the short term, a bearish structure emerges, and we can engage in scalping trades by selling Plan suggest: Entry Zone: 2116 ~ 2112 Stoploss: 2121 Takeprofit:...
It can easily give 60 pips sell on this the reason for the sale is my personal trick and zones and in zones it make a selling candle only for learning prepass
As per our previous analysis and level targets , spot gold is moving towards 2100 targeting previous dec high of 2148, as per Fib channel and retracement patterns , i am expecting range zone to be dropped down by 2070-2040 in next set of weeks due to pressure building over gold and other reasons involving USA elections ahead. Range and Expected Target zones are...