Gold prices continued to rise today due to increased demand for safe-haven assets amid escalating tensions between Iran and Israel. This has prompted investors to flock to the gold and USD markets to protect their assets. Precious metals are on the rise even as US economic indicators and the USD index increase, raising concerns that the US Federal Reserve may...
SYmbol XAUUSD timeframe 45 min Analysis: uptrendmovement HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
The rapid retraction from the new high suggests the gold price has entered a short-term correction period. Gold reached a new all-time high of 2431 last Friday after the US market opened, but the price quickly retreated. It lost key support of 2400 and 2380, falling back to the bottom support of Thursday near 2330, ending the weekly at 2343 with a slight increase...
Gold prices moved in a narrow range on Tuesday, holding steady near a record high. The ongoing crisis in the Middle East continues to influence investor sentiment, increasing interest in the precious metal. Even though the US dollar is strengthening, gold is still showing resilience as US Treasury yields fall from multi-month highs. Reducing geopolitical tensions...
Judging from the daily chart of gold, the price of gold hit a record high last Friday, but then there was a correction, falling by about US$87 from the high to around US$2,344. This is because investors are taking profits and exiting the market when they see that the price rally may have been excessive. However, gold rebounded quickly on Monday after falling to...
Let's all join in and devise a strategy to earn gold this week! Last Friday, gold experienced a significant decline, plummeting nearly 1000 pips from $2431 to $2333. However, as we begin this week, gold has quickly regained its upward momentum, similar to recent trends. Currently, the price is hovering around $2360, after a 0.64% recovery today, equivalent to...
Head and shoulder pattern in three minutes time, frame
After the opening of the week, spot gold experienced a wave of violent market fluctuations due to the escalation of tensions in the Middle East over the weekend. Gold prices opened in the morning and jumped as high as $2,372.45 per ounce, but then turned around and fell below the $2,350 per ounce mark. From a technical analysis, the current dividing line between...
Gold Trend Analysis: Gold prices have been trending upward since late March, and prices continue to attract buying around these levels. While the uptrend in the RSI has been broken, showing a weakening upward momentum, it is difficult to be too bearish on gold prices at the moment until we see prices finally break out of the uptrend. If the price remains above the...
COMEX.....GOLD AND SILVER..... TGT1 and TGT2 achieved today.... See......Gold June Futures.....low 2340.30 range today......sell 2375.00-2380.00 range today on few hours ago..... What Next.....2300/2400 June Gold Futures before Closing..... See......Silver May Futures.....low 28.188 range today......sell 28.890-29.090 range today on few hours ago...... What...
GOLD: Bullish - FLAG detected + Breakout of the range. 1- A "Head Shoulders" has been detected and we did a perfect Take profit ( TP1) at 2 395$. 2- When we break a range the Take profit should be the Height of the range. Then the TP2 is expected around 2 518$. 3- Plus we can also consider that the range is like a flag and then the TP3 ( green arrow) is...
15 support area. Buy small sl maintain. This is 15 Minutes scalping.
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (08-04-2024) Current price- 2340 "if Price stay above 2321, then next target is 2350 and 2365 and below that 2305. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
15 m support area. So this place price up side possible. Sl maintain
Last week, the price of gold fluctuated between $2,300 and $2,360 per ounce until Wednesday. By Thursday, amidst escalating tensions in the Middle East, the upward trend became evident as gold reached a new peak above $2,400 per ounce. The momentum continued into Friday, reaching $2,431.59 per ounce before declining to around $2,355 to end the week. The...
The gold market experienced a sharp correction ahead of Friday's close. The price retreated significantly from the high of $2,431, eventually settling at $2,343 levels by the end of the trading day. This change is influenced by many factors. On the one hand, the overheating trend of the US Consumer Price Index (CPI) shows that inflationary pressure still exists,...
i think gonna hit the target just wait for a while
Gold price resumes its upward trajectory within a fortnight-old bullish megaphone chart pattern after a volatile day that initially refreshed an all-time high before posting the biggest daily loss in two months. That said, the XAUUSD’s corrective bounce also takes clues from a rebound in the RSI (14) line. However, bullish MACD signals and cautious mood ahead of...