Hello everyone, RKarina is delighted to meet you all again. Let's discuss our strategy for the new week for XAUUSD!
Currently, at the opening of the trading session, gold is moving quite steadily at around 2033 USD, with no change in direction compared to the last closing at 2035 USD.
In terms of prospects:
From a technical analysis perspective: the Bollinger...
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Daily TF Analysis -- Gold is at it's resistance on the downward slope trendline. Also, MACD histogram shows strong momentum --> This signifies a reversal in direction.
4hr TF - Entry triggered
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (20-02-2024)
Current price- 2030
"if Price stay below 2048, then next target is 2020 and 2004 and above that 2055,2072.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (16-02-2024)
Current price- 2009
"if Price stay below 2016, then next target is 2000 and 1990 and above that 2025,2032.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Disclaimer: This is not a trading call, but simply my personal analysis.
Observation: On the 4-hour timeframe, there appears to be an order block and liquidity present. Based on this, I believe there's a possibility that gold could attempt to fill this liquidity gap and potentially mitigate the order block this week.
Trading: This analysis is for informational...
Gold is hovering around upper channel of retracement flag in formation for the Bullish Pole created from 1800 to 2100
Gold has shown decent buying from 1980 zone.
Although more retracement is possible, till 1950 zone, But given the strength of the Demand zone established around 1980, chances of buying from this zone upon retest are very much likely.
Gold may...
On. weekly time frame Gold expected to complete its correction, on daily time frame gold seems to be in complex correction.
We should be able to see further bearish move in gold in coming days.
Yesterday Gold is Moving Upper Side but rejected fib.65% retracement as per mention in chart. If gold break 2037.500-2041 & sustain 2046-48 possibility to move bullish momentum, secondly below 2037.500-2040 possibility to move bearish momentum side.
I would be happy to see more sell offs on Gold. If not, its okay, we will catch another one. I am Targeting the spikes again. Good luck, don't forget proper risk management. Lets Download Success.
Gold price (XAU/USD) touches over a one-week high on Wednesday, albeit struggles to build on the momentum and remains capped near the 50-day Simple Moving Average (SMA) through the early European session. Bulls turn cautious and prefer to wait for more cues about the Federal Reserve's (Fed) rate-cut path before placing fresh bets. Moreover, the markets have fully...
