Good Morning Traders, Sharing Gold Support for the day, 2300 area working as support. but gold is under selling pressure till the time gold will not break 2330 area and sustain we can se low area like 2285 and 2272. If gold will able to break 2330 and sustain then we can see 2350 2355 area, Plan accordingly.
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...
Gold rebounded at the end of last Friday, but the rebound did not reach the 2400 mark. The daily small positive star K line consolidated, rebounded again to confirm 2392, and then came under pressure and fluctuated downwards. Spot gold continued its sharp decline during the day. It is currently located near 2360 and plummeted by nearly 40 US dollars during the...
Gold is at 2341. Area to watch 2364. gold above 2355 will go 2365 2372 gold below2336 will go 2320 2311. plan accordingly. Support us by liking and sharing the post.
Hi everybody! Let's look back at gold price developments last week and prepare plans for next week! Last week saw an explosion in gold prices, when it reached a record high of 2,431 USD/ounce before cooling down and stabilizing at around 2,400 USD/ounce. By the end of the week, prices had ended at $2,392 per ounce, up 0.55% on the day. The main factors driving...
Due to the sudden intensification of the conflict between Iran and Israel on Friday, gold quickly rose to around 2417. After the market's risk aversion sentiment cooled down, the price quickly fell back to the resistance level of 2372, and then rebounded to around 2400, but did not effectively break through 2400. At present, the market is still in a volatile...
Global gold prices have witnessed a significant price increase due to ongoing tensions in the Middle East, despite positive economic data from the US. The escalation of tensions, with Israel expressing its intention to respond to attacks from Iran, has ignored calls for restraint from the West. In this context, with the continued increase in geopolitical...
Gold witnessed some decent profit booking at end of the week. Keeping it simple 2320 is going to be the Zone. If respected, We may see retest of 2400 zone If Not, then 2275 may provide some support. Although Stronger Support Zone happens to be around 2220 2200 levels. Rest of the analysis in coming days.
(April 19) Gold rose nearly 40 US dollars at the opening, refreshing its recent high of 2,417 US dollars, mainly due to the sound of explosions in Iran and other countries. A U.S. official later confirmed to the media that an Israeli missile hit a target in Iran. This quickly heated up market concerns about the geopolitical situation, providing upward momentum for...
Today, on the last trading day of the week, gold prices increased sharply to nearly 35 USD, reaching a high of 2,418 USD before stabilizing at 2,410 USD at the time of reporting. Gold's upside was sustained by a recovery from the 34-day moving average (EMA 34), with technical factors continuing to support the price. Many investors believe that gold is receiving...
ITS MY PERSONAL STRATEGY The gold showing a good UPMOVEE Having a good potential There is nothing to doubt It have a great surety of UP MOVE Due to these reason 1.It have GOOD SUPPORT without any confusing chat 2. It have clear entry and Tp point 3. Sellers seems heavy due to volume
Gold bearish structure- 2 May Gold is now making bearish structure. Looking for opportunities to enter sell trades for swing trades as long as demand turned supply is not broken. Consider NFP (May 3) for this week trade
Description as in title. Wait for breakdown and retest of the neckline to take a position. Disclaimer : Not a financial advice. I have a short position already since yesterday.
Sell started Gold. Now its continuing. It will be reached 2234 in this week.
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.
Gold fell to a 2-week low of 2391 at the beginning of last week, but buying has resumed after a weaker-than-expected US GDP Q1 data, leading the price to reach 2352 before the US session on Friday. There were no surprises in the release of the U.S. inflation figures on that day; therefore, the market was relatively quiet before the weekend. Two major U.S....
in my perscetion xau will go up to complete wave 5 elliot h4