waiting for breakout in gold ,intraday long position can be taken today as oer shown at chart
Gold Spot CMP 2179 - if it breaks & sustain 2179 Then 2169-66 Currently weak 2171 possible Upside 2184-87-92 - if sustains above 2192 Then move will be fast For more info - plz visit my profile Dont miss to LIKE/BOOST & Share this idea Rgds, Naresh G SEBI Registered RA
Why We Think the Price Might Drop: 1. The price is hitting a trendline around 2195-2205 . 2. We expect a correction after a big increase in price. What Might Happen Next: Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210 . We're aiming for targets around 2145 and 2085 afterwards.
Reason Behind Bearish 1. Obey Trendline @ 2200-2210 2. Correction expected after Huge Hugh Pumb Overall Possible Outcomes XAUUSD SELL @ 2200-2210 SL 2222 TP 2140
my bias xau will continue bullish supported by NFP data and last week powel speech, shorter i looking for sell at tf m30 and at the same time i looking for confirmation buy at tp area to aproach weekly target
Let's take a look at the exciting gold news of the week! Since February 28th, the gold market has truly heated up, with prices soaring to new heights and gently landing around $2,160 per ounce in Friday's Asian session. The expectations of a Fed rate cut in June have breathed new life into the sails of gold prices. And it was none other than the suggestive...
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 🤞❤️
Xauusd, expected move on down side , today in NFP, gold is reach all time high no any data in technical analysis
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.