Hello dear friends!
The price of gold in the global market has increased at the start of trading in the US due to safe-haven demand amid escalating tensions in the Middle East. The weakening US dollar is a supporting factor for the rise in gold prices.
The long-term outlook for gold is positive. However, the upward momentum may be delayed as the market is trying...
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Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the Year-2024 (01-01-2024)
Current price- 2060
"if Price stay above 2000, then next target is 2120 and above that 2140, 2260."
"if price breaks 2000 area and price stay below 2000 then next target is 1940, 1880,1810"
TRADE LEVEL FOR THE YEAR-2024
"BUY 1800-1820, SL@1760 and target...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Now xauusd is in a mmsell model.
On daily candle xauusd is takend a internal range liquidity now going to take external range liquidity 1 hour already taked buy stops look for premium area and then coming to original consolidation area
Gold Showed decent buying from 2000 zone in last 2 days of the week as Gold closed just within the Larger timeframe Uptrend line showing sharp V shaped recovery after the breakdown that happened Mid-week.
The last 2 days of the week show that there could be some more upside till 2050 2055 before Bears re-enter.
2055 on upside And 2015 on Downside are the...
Hello dear friends!
On the last day of this week's trading session, gold experienced a gentle recovery with prices fluctuating around $2030, marking a 0.33% increase for the day.
However, it also faced immediate resistance at this level, along with the activity zone of the 34th and 89th EMA. The price may retreat to $2010 if there is end-of-day news supporting...
Hi, We are still short on Gold, This is an Update to yesterday's Idea the Gold market rebounded due to technical shreading of Sellers, The New sell orders are heavy in 2030 region for an attempt to retest 2009 region, Our intraday projection is Gold should reach the target of 2009 -2005 by EOD.
Gold has broken its old support on 4 hour time frame and now it will act as resistance and it has also created a fair value gap on 1 hour time frame and Gold is also forming Bearish flag pattern.
Entry = 2019. 282
Target =1982.282
Stoploss =2029.282
Dear friends!
Currently, gold is trading with a stable recovery above the support level of $2030. At the time of writing, the price is trading at $2047, indicating a significant increase in price at the current time.
On the analysis chart: Gold has broken the support level of $2059 and started a downward trend. Therefore, the stronger US dollar and higher US...
Hello dear traders!
On Wednesday, Gold experienced a sharp decline, reaching the psychological support level of $2000. However, it quickly corrected and has been lingering around $2022, close to the Fibonacci retracement levels of 0.5-0.618. This indicates that the prospects for this precious metal remain high.
However, if it manages to surpass this retracement...
Reason For Bullish
1. Stochastic Oversold and tends to Bullish
2. RSI 14 above 50 which Uptrend in 1H
3. Breaked Resis 2019 and retesting Now for Bullish
Overall Possible Outcomes
XAUUSD BUY @ 2021.90
SL 2015
TP 2025
TP2 2030
Gold price lacks clear directions after bouncing off the lowest level in five weeks, as well as snapped a two-day losing streak, the previous day. That said, the previous support line stretched from early November guards the immediate upside of the XAUUSD around $2,022. As the RSI (14) line’s recovery joins the impending bulls cross on the MACD to back the...
Hello dear friends!
Gold prices continued to decline today, with a drop of $25, bringing it down to $2,001 per ounce. However, the market quickly rebounded to $2,010 at the time of writing.
As a result, gold prices have reached their lowest point in over a month during this week's trading session. Strong economic data has reinforced the strength of the US dollar...
Despite the Strong Break Down of the Trend Line, Gold as of the time of Publication has not shown follow-up Selling..
2025 2030 is the Value area for Shorts to re enter if they are to.
If Bears Fail to capitalise this opportunity, in that case 2045 zone could be tested..
More Bullishness Only above 2045
Bearishness Could Intensify Below 2005, in that case...
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...
