


Trader_VictorInvest
PremiumGold has been strong for quite some time, but I don't believe this momentum will necessarily continue in the near future. As we saw on Thursday, prices rose slightly due to trade-related concerns. However, the market structure is beginning to show signs of exhaustion, as such overbought conditions often lead to sharp pullbacks — which in turn support necessary...
Gold (XAUUSD) is currently forming a clear Bullish Flag pattern on the 3-hour chart, suggesting a potential rebound within the broader downtrend. The internal 5-wave structure (waves 1 through 5) inside the flag indicates that the downward momentum is weakening. If the upper trendline is broken, gold could accelerate toward the key resistance zone around...
Gold is currently completing a beautiful Bullish Harmonic pattern on the H4 timeframe, with point D steadily approaching a critical confluence support zone. Interestingly, this area also marks the completion of an extended AB=CD pattern, where Fibonacci ratios (XA – BC – CD) align almost perfectly – suggesting this could be a strategic short-term reversal...
OANDA:XAUUSD maintains a short-term bearish structure after a strong rejection at the confluence resistance zone. The current pullback is driving price back toward a familiar support area, one that previously acted as a strong rebound point after breaking out of a descending channel. Price is now hovering just below key levels, and this presents a great...
Hello everyone! Great to be back with you in today’s gold price discussion! After a breakout from the descending wedge that had extended since late June, XAUUSD is now making an effort to re-establish a new bullish trend. Currently, the price is retesting a critical confluence zone around the 0.618 Fibonacci retracement level (3,328 USD), which aligns with the...
Tesla is standing at a pivotal moment—one where its next move could shape the short-term trajectory of this high-profile stock. After an extended pullback, TSLA is now hovering near the $300 mark—a solid price base that has repeatedly proven its strength during previous corrections. Despite recent selling pressure driven by tax-related headlines, long-term...
The new week begins on a somber note as global market sentiment remains clouded by last week’s weaker-than-expected US jobs report. The latest Nonfarm Payroll data confirmed signs of a cooling US labour market, which has further boosted expectations that the Federal Reserve may move closer to a rate cut in September. Consequently, US Treasury yields continue to...
The gold market is entering a notable accumulation phase, with price moving slowly within a narrow range between 3,330 and 3,360 USD, forming a clear sideways structure on the H4 chart. After convincingly breaking out of a long-term downtrend channel, the precious metal now appears to be "gaining momentum" – potentially gearing up for a strong upward move once...
Dear Traders, Let’s dive into today’s latest gold analysis and trading strategy! Overall, after decisively breaking out of the descending channel, gold quickly gained momentum and surged to the $3,350 per ounce mark – its highest level in several sessions. However, after hovering around this price zone, the precious metal has since given up part of its gains as...
Dear Traders, A convincing breakout from the downtrend channel has triggered a strong bullish wave in the gold market. As of now, XAUUSD is trading steadily above $3,300 – a key price zone that marks the return of buyers. Notably, the rally is not just a temporary reaction. The price action on the H2 chart shows consolidation at high levels, indicating that...
Dear friends. Let’s find out the price of gold today! Gold prices appear to have entered a consolidation trend around $3,270 on Friday as the US dollar appears to be regaining momentum, while a recovery in US bond yields across the curve also weighed on the yellow metal. Technically, gold remains in a steady downtrend. Prices continue to cling to the 34 and 89...
At the start of the week, EURUSD is trading close to a key resistance zone at 1.172–1.174 after an impressive rally. However, recent price action shows signs of exhaustion, with several minor highs forming right at this resistance. This is a classic distribution setup — often a precursor to a reversal if no new catalyst emerges. From a technical perspective, the...
Hello all dear traders! Today, gold continued its downtrend, closing at around $3,274 and down around 1.61% from the previous day's opening. The decline came amid a return to the USD race after tough statements from the Fed Chairman, which quickly faded gold's safe-haven status. In addition, news of a temporary ceasefire between Iran and Israel further boosted...
Gold continues to edge lower today, currently trading around $3,330 and maintaining its downward trajectory. The primary driver behind the decline is the easing geopolitical tension following a ceasefire agreement between Iran and Israel. As fears subside, demand for gold as a safe haven asset has weakened significantly. Meanwhile, rising global equity markets...