-Last week, gold crossed the Supply around 1830-1832. -With 1846, speed up the price and minor retracement for buying opportunity without any significant retracement. -Now, the Demand and Supply marked on the chart -This is a buying setup, but needs to wait until 1867-1875 -The weekly demand zone is 1880-1895 -After touching the strong demand zone 1867-1875,...
I have given my view in it Gold is still strong investment bias , so one can look to hop in and out based on their risk measure Good luck
OANDA:XAUUSD The price of gold (XAU/USD) is experiencing a remarkable surge on Friday due to escalating geopolitical tensions in the Israel-Palestine conflict. In times of uncertainty, traders are turning to the precious metal as a safe haven, while the US dollar (USD) is also strengthening. The escalation of the conflict in Gaza has led Israel to shift its...
Hello dear friends, Gold today has shown its first signs of decrease after a week of continuous price increases. Currently, this precious metal is trading at $1873. With higher-than-expected inflation data announced on Thursday (US time), it has taken away the gains that gold had previously enjoyed due to safe-haven buying pressure, forcing the Federal Reserve to...
Gold showed the bearish trend in WEEKLY timeframe, Weak bearish trend in DAILY timeframe and bullish trend in 4H timeframe. So I will be neutral on GOLD for this week. If Gold opens flat then will think to sell around 1938/40 and then buy around 1905. On Gap up opening its better to wait for 4H candle closing. If closes above 1940 and sustains above it then will...
Gold recently pierced through a key trendline on the daily chart, closing with a robust green candle, signifying bullish sentiment. This price action coincides with the escalating conflict between Israel and Palestine, a scenario historically known to bolster gold's safe-haven appeal. As geopolitical tensions mount, investors are increasingly eyeing gold as a...
Gold is 6% up from its origin. - Commodities are soaring up reason behind it is the Israel-Hamas war. - I do not have any reason to initiate a trade in gold until I see a good reaction or weakness - Solid trade execution and risk was favorable when Gold was trading near the Bullish Origin - Gold has made the second-largest weekly gain in 3.5 years. - This war...
Hello dear traders! It's great to see you all again for this week's Gold chat. As predicted over the weekend, Gold has indeed opened strong today, maintaining its upward momentum. The sellers were unable to break through the $1800 support level, resulting in a robust price surge to reach $1850. The market will be eagerly awaiting the release of the US Producer...
Hello dear friends! Samson is pleased to be here to chat and analyze today's market. Currently, Gold is maintaining its recovery level since it last dropped to $1810. On the 4-hour chart, we can observe that Gold is in an upward trend but consolidating around $1822. Gold has successfully reached the earlier forecast by Samson. Currently, Gold is trading around...
Gold continues to rise today as the market received positive news from the PPI. Currently, gold is trading at a high level since the beginning of the week and reaching a trading level of 1877 USD. Regarding prospects: The IGCS index indicates that about 83% of retail traders have a long position on gold. This suggests that prices may continue to decline in the...
Greetings everyone! XauUSD is still maintaining its stability above USD 1851 per ounce, experiencing a rise of 16 USD per ounce compared to the previous weekend. Throughout this week, the market will be eagerly anticipating the release of the US September Production Price Index (PPI) report on Wednesday and the Consumer Price Index (CPI) report on Thursday. These...
Dear traders, greetings! Gold remains steadfast in its price trajectory, currently being traded at 1860 USD per ounce, which reflects a rise of 12 USD per ounce since the early morning. In light of the ongoing crisis, the value of the dollar has increased in comparison to several other robust currencies. Nevertheless, since the US and Canada markets are closed in...
Hello dear friends! Gold showed little volatility today as the market moved sideways around the range of 1864 - 1854. It is currently trading at 1866 USD. It seems that the market is focusing on the upcoming PPI and USD news to be released today and tomorrow. This could be important news for gold at this time. For this reason, gold buyers are expected to push the...
The recent conflict in the middle east and the technical has led to this great bullish move , but in the near future we may see a correction move before going up . I believe 1880-1895 is a great place to take a short position for the take profit to 1935-1950 . with a stop loss at 1905 Happy Trading #Xauusd #gold
Dear beloved friends, Gold continues to rise as predicted and is currently trading at $1882. The main reason for this is the news from last night, which caused the USD to cool down and retreat to a defensive level. Let's delve into the technical analysis a bit: Gold is facing a challenge near the $1900 region (resistance level). It is highly likely that after...
gold sell : 1885/84 target : 1836 stop loss : 1892 good luck
Xauusd Positional Pullback on 1 day tf can look above 1856.200 for posiotnal tp of 1884.200 risk reward ratio will be 1.48 dc : only for educational and learning purpose