Hello everyone.
As I analyzed yesterday, the price of gold today continued to decline, reaching a level of around $1901 in early Wednesday trading. This precious metal is still weighed down by the recovery of the US dollar and higher US bond yields. Gold is still receiving strong support due to ongoing market instability.
According to Samson's personal...
In my previous idea on gold, I took a trade low risk & tight stop loss which ended up hitting the stop loss but when as a trader you follow rules which you yourself set everything is going to be fine.
I took the SL, then today morning consolidation was already in check, as soon as 2 H1 green candles struck I opened a long this time with greater risk and wider...
After a breakout in a range market, I take two trades. The first one hits my stop loss and the second one hits my take profit
LOSS - $40
profit - $41.80
small profit - $1.80
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (27th Sept-2023)
"if Price stay below 1905, then next target is 1890 and 1884"
-POSSIBILITY-1
If price breaks 1885-1882 area (i.e. Support area ) and stay below 1882 area, we will place Sell order in gold with target of 1872,1864,1858, 1850 & stop loss should be placed at...
Yesterday evening, the price of gold experienced a sharp drop, falling from $1,915 to $1,900 per ounce. This marks the lowest price that gold has reached in September 2023. Currently, the price has settled at $1,896 but the downward trend persists.
The sudden surge in dollar value can be attributed to investor anxiety over central banks' commitment to maintaining...
Gold licks its wounds at the lowest level in more than six months after falling the most since late July the previous day. Although the oversold RSI prods the XAUUSD sellers, the bearish MACD signals, a clear downside break of the previous key support line stretched from February and a death cross on the daily chart together suggest further downside of the...
Hello traders, what do you think about gold? An important resistance level in the 1927 region is expected to decrease at least to the prescribed level and then increase as prescribed.
Hello dear traders, what do you think about the new week gold? It seems that in the first trading session of the week, Gold seemed not to escape the resistance of 1927 USD but still set aside to maintain the price of 1903 - 1905 USD.
This week, the market will receive a series of economic data, including GDP and personal consumption index (PCE) of the United...
Hello dear traders!
Currently, the gold market continues to decline after breaking the uptrend line at $1920 and trading at $1911, a decrease of about $5 compared to the morning session.
It can be seen that the recovery of the USD is an important factor affecting this precious metal, causing its price to decline. On the 4-hour chart, we can see that Gold is...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (26th Sept-2023)
-POSSIBILITY-1
If price breaks 1910-1907 area (i.e. Support area ) and stay below 1907 area, we will place Sell order in gold with target of 1900,1894,1884,1874 & stop loss should be placed at 1916.
-POSSIBILITY-2
If price breaks 1923-1926 area (i.e. Resistance...
spot gold eyes on 1913$ if stya blw mkt than 1903--1895+++++ where if hold abv 1913 thna mkt dedcta bounce expect real zoom abv 1948$ abv will more update short term resistance 1932 also abv may be firee 1938-42$-- mcx 58700-680 strong support tya blw expect dwn side 58610-580--500+++ where 59205 strong hurdel for up side or shor term hurdel 58900 also abv up...
I am looking for buy XAUUSD on strong demand zone .Do not enter without lower TF confirmation, and always use proper risk management. Take a risk of 1% to 2% of your account.I would appreciate your support if you agree with my analysis .
GOLD Is ready to move high for 1985 Now from here with Safe SL 1880 on Board
if Break Below 1880 We may see 1866-1840 Next levels on GOLD
Bullish Expectations on GOLD
Expecting a possible pullback on gold after the previous bearish run to at least the resistance area of 1980. Possible resistance at the 1937-1940 area too.
