Wait for a good retracement Respect Fib level Entry session London session is a sweet spot if thers any entry gives dont enter on London and Ny overlapping time wait for ends of london zone and Ny open
gold analysis ............................................................................................................................................................
The path back to target inflation, like the path to a soft landing, is always narrow and treacherous. And there are some worrying developments that could shake up the “endless deflation” the US has experienced over the past few months, potentially pushing back policy easing beyond March. Favorable financial conditions: a leading indicator of real GDP, which has...
Gold price rallied from a 3-month low last week. The US core inflation rate came in higher than expected, causing the gold price to break below the critical support level of 2000 and drop close to 1980. However, the release of the disappointing US retail sales data pushed the gold price back above 2000 (1) on Thu., ending the week near 2013. The main event on...
My plan for today: Sell zone: 31-32 Buy zone: 08-09 Scalp orders: Sell at 24, buy at 15. Stop loss for all orders is set at 30 pips. Scalp orders can be closed with profits ranging from 30 to 60 pips, or they can be held for a longer duration.
GOLDEN INFORMATION: In Wednesday's Asian trading session, the price of gold (XAU/USD) experienced a slight decrease and moved away from its two-week high of around $2,048-$2,049 reached the previous day. This decline is attributed to investors adjusting their expectations regarding the pace and extent of interest rate cuts by the Federal Reserve due to strong...
In my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in downtrand . It is not advisable to enter without confirmation from a lower TF.
There will be a big buy move after the retest. Following the retest, I am looking to buy gold and am waiting for a confirmation within a shorter period of time.
DXY shows weakness on daily chart XAUUSD hits an FVG and shows bullish momentum As on short term view gold will be positive marked zone is updated entry criteria Lond and Ny merged zone not before now accumulation phase is over now starts manipulation phase we enter on distribution phase
Gold Breaks Previous Day swing low on 13 Feb then comes for a retracement AS on SMC concept there 2017 level is a Unmitigated Order Flow zone thers 0.705 is a golden zone for the entry but entry should be on London or Ny season NY ssn is a Killing zone 1st scale up on the fib level 0 1st Target will be your 0.27 zone 2nd will be your 0.62 zone FXOPEN:XAUUSD
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
After 6 months of zigzag consolidation finally gold is ready to momentum This week my target is 2055 minimum If we close above it then next week we can see new ath in gold
Gold Price Forecast: XAU/USD Bulls Respond to First 2024 Test Below $2kGold prices finally tested below the $2k psychological level and this was the first such instance in two months, since before the December FOMC rate decision. Bears had an open door to make a run, but USD resistance held at 105 on DXY, and that brought gold bulls back into the picture helping...
Reason Behind the Bearish 1. Obey Resistance & Three White Soliders @ 2028 2. Obey Strong Trendline @ 2037 3. Decending Triangle Pattern Formed Overall Possible Outcomes XAUUSD SELL @ 2027-37 SL 2054 TP 2000 TP2 1980 TP 3 1940
Looking strong upside possible trade possible on shared level.. Trade according to your risk managment.. analysis is for study purpose only.
After Having Tested the 1980, as expected Gold has Shown decent Buying from the zone, establishing it as a Strong Demand Zone. 2017 Zone 1995 Zone Trending Move is possible if either zone is breached. 2031, 2045 on upside 1985, 1975 on downside Could be tested. Not much to Analyse. Simple Trading plan for the week. Stick to levels, and Profits should...
Sell gold at about 2004, with a stop loss at around 2012, And take profit zone at around 1988
in my perception xau will continue it fall to complete wave 5 may target area is 1977