The price of gold is currently experiencing a gentle recovery after receiving support at the $1965 USD level, and is now trading at $1970 USD at the start of the morning session.
In terms of news impacting gold:
The new influx of US dollars has caused XAU/USD to drop to $1,956.65 per troy ounce on Tuesday, with the precious metal trading in the red at around...
Hi Guys,
At the present situation if there is any news not coming of war then, the market will play slow so don't go with big lots trade with proper money management. if you see any divergence on any oscillators like RSI on the giving chart area then I'll go for a buy, and at tp area if I find any divergence then I ll go for sell and my tp would be...
gold spot last 3 days looks up dwn move only now as per trend line or super trend hurdel 1993--95$ if sustain abv than might be go to 2000-2006++++ or some minor resstance 2009 abv will 20-16--2040++ or oif untill to cross 1993-95 or hold blw thna may be dwn side as per fibo. retrce dwn side 1964+++ more update stya here
Gold continues to decline, moving further away from the 2005 USD level since yesterday's trading session. At the time of writing, the price is trading at 1983 USD, providing clear evidence of the downward trend.
Forecast: The upward momentum of gold is being hindered by various factors, including loose monetary policies implemented by several countries...
Gold prices fell today in the context of the unexpected increase in the USD Index from 104 points to 105 points. This has given impetus to the USD to appreciate against 6 other major currencies, including the Euro, JPY (Japanese Yen), GBP (British Pound), CAD (Canadian Dollar), SEK (Swedish Krona), and CHF (Swiss Franc).
Meanwhile, the 10-year US bond yield...
Yesterday gold completely broke through the parallel price increase channel and the SPDR fund yesterday had no move to trade gold. Today we will have news from the FED due to Mr. Powell's speech. This is a very important speech. greatly affects gold. On the D1 chart, the stochastic is falling sharply and the histogram has a decreasing trend, so today our SELL...
Gold touched a two-week low yesterday. In the early Asian session, it continued the selling from the previous day and trended downwards, testing the support of 1970. The downtrend continued during the European session, reaching the daily low of 1956. The rebound began in the U.S. session and ended the day of 1969, down by 8 dollars.
1-hour chart - S-T technical...
Gold price remains pressured at the lowest level in two weeks, down for the third consecutive day, as market players await Federal Reserve (Fed) Chairman Jerome Powell’s speech. That said, a downside break of the 100-SMA joins the bearish MACD signals to keep the XAUUSD bears hopeful. However, a bull flag chart formation defends the commodity buyers unless the...
The main plan was to sell XAUUSD once it breaks the level of 1981.197, with a target at 1974.982 and stoploss above the buy candle (1984.561). But it retraced itself till the high before subsequently following the anticipated downward trajectory towards the target area.
Price moved along with the trend line and gave some volatile spikes. Expecting price to move without big spikes this week.
Support levels - 1978 to 1980, 1968 to 1971.
Resistance - 2004 - 2008.
If price took support at the given levels we can expect bullish move towards the given resistance level. If price sustains above the resistance, the 1980 will become the...
Today, gold on the D1 stochastic chart has fallen sharply and the histogram has begun to shorten. Yesterday, gold formed a marubozu candle. It is likely that today's candle will be a bullish candle. On the weekly chart, stochastic has in the overbought area and starting to show signs of decline, so today we will BUY 1969-1970 and cut short loss at 1967, we will...
Finally war related rally in gold is ready to Fisalout very soon, I'm not seeing above 1980 in this weekend🍕🏠🎉
I would like to Shortsell gold future in usd term @1980 /2000 stoploss
My final target🎯 is 1940/45/50🙏🙏🙏🙏
![XAUUSD: XAUUSD Buy [Daily Swing]](https://s3.tradingview.com/k/KDFPpRJf_mid.png "XAUUSD Buy [Daily Swing]")
