Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (21st July-2023) -POSSIBILITY-1 If price breaks 1962-1960 area (i.e. Support area ) and stay below 1960 area, we will place Sell order in gold with target of 1955,1945,1935,1926 & stop loss should be placed at 1975. -POSSIBILITY-2 If price breaks 1978-1980 (i.e. resistance area...
Gold next move (deeper correction may occur)(19-07-2023) Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (19th July-2023) -POSSIBILITY-1 If price breaks 1971-1969 area (i.e. Support area ) and stay below 1969 area, we will place Sell order in gold with target of 1960,1955,1945,1935 & stop loss should be placed at...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (18th July-2023) -POSSIBILITY-1 If price breaks 1943-1939 area (i.e. Support area ) and stay below 1939 area, we will place Sell order in gold with target of 1930,1922,1916,1904, & stop loss should be placed at 1943. -POSSIBILITY-2 If price breaks 1967-1971 (i.e. resistance area...
Go through the analysis carefully, and do trade accordingly. Anup BIAS for the day (17th -21st Sept-23) -POSSIBILITY-1 If price breaks 1943-1939 area (i.e. Support area ) and stay below 1939 area, we will place Sell order in gold with target of 1930,1922,1916,1904, & stop loss should be placed at 1943. -POSSIBILITY-2 If price breaks 1967-1971 (i.e. resistance...
XAUUSD Intraday Trade Idea Gold Currently trading in range so we can use the current SNR zone to find entries on intraday .
OANDA:XAUUSD Gold prices (XAU/USD) fell after a less confident recovery in Friday's European session as the greenback steadied further amid a likely recovery in the US economy. The precious metal faced the brunt of the stellar performance of the US economy in the second quarter, strong demand for durable products and already tight labor market conditions. The...
Gold showed the bullish trend in WEEKLY & bearish trend in DAILY and 4H timeframe. Yellow box/lines indicates the Sell zone POI for gold. Hoping for gold to rise till the sell zone POI and then fall towards TP. Sell zones are 1964.50 - 1965.50 1968.90 - 1970.10 1971.70 - 1972.25 Target for this will be around 1945. Will think to buy (scalping trades)...
Reason Behind XAUUSD/GOLD Sell 1. Last Week Rejection Over the Resistance @1980 which make the Formation of Clear Neew Downtrend Channel 2. Bearish Engulfing Candlestick Pattern Make positive for the Sell Movement Over the last week Support over 1940 which is our support and make lower as per our expectation to 1910 3.Continuation of Last W pattern still...
Hello Everyone welcome to Trading Idea, today we are updating chart of gold or XAUUSD for traders. Here are the details Gold is moving Up in Correction, So this is an Zig-Zag pattern Currently we are in Wave-E which is moving Up as price progressed, it will be clear where it will end. Well there can be further up...
You can take buy n sell entries from the given zone . SL and TP will be 10 -20 pips
The price of gold is heavily influenced by the economic data of the United States. In the second quarter, the US economy experienced a growth rate of 2.4% on an annualized basis, surpassing expectations. This indicates that there are no immediate plans for aggressive interest rate hikes by the US Federal Reserve, which increases the likelihood of a smooth and...
In this chart I have shown Fibo 50 percentage level and and there are support also which act like good buying area for 40 50 pips profit but best buying area is 1934 to 1936 which is proper buying area. At this time market is standing on resistance like fib50 and major moving average also and I have seen good rejection also we have seen properly
based on market structure and Fibonacci zone ,there is a probability of gold forming a new lower high to continue going down. look for confirmation at golden zone to sell.
TVC:GOLD Gold prices attracted some buying power in the Asian session on Friday and partially reversed the previous day's sharp decline to a two-week low on upbeat macro data from the United States. GOLD is now trading around the $1,950 region, up 0.20% on the day, although the upside looks limited given the growing possibility of the Federal Reserve (Fed)...
OANDA:XAUUSD Gold prices fell more than $30 during the US session and remained under pressure amid a stronger US dollar and higher US Treasury yields. Technical factors also weigh on the yellow metal. XAG/USD bottomed out at $1,942 before recovering modestly. Data from the United States shows the economy unexpectedly accelerated in the second quarter of 2023,...