After creating a new high, gold made a fakeout and went down to around 2460, today traders will spend time on observing a slight decline and expect to buy again. Today we expect Buy in the zone 2433-2440 BUY XAUUSD 2434 - 2440 SL 2433 TP 2460 Happy trading!
Gold created BOS from time frames D, H4, H1 The current plan is to only BUY according to the protrend until the uptrend breaks. SELL counter should wait for a clear setup like CHoCH + BoS in low time frame Everyone don't be FOMO and SELL at this time !!! BUY XAUUSD 2439-2434 TP 2462 SL 2427
gold will have correction today after going up. So we will wait until to buy with a strategy signal: BUY XAUUSD 2378-2385 TP 2398 SL 2377
Gold prices (XAUUSD) declined during the Asian trading session on Friday, eroding part of the strong upward move triggered by the weaker-than-expected U.S. CPI data from the previous day, down to the 2,424-2,425 dollar range. A modest increase in U.S. Treasury yields helped the U.S. dollar (DXY) attract some buyers. Gold is currently trading around the 2400 mark....
Today, gold is expected to grow up. SELL XAUUSD 2394-2399 SL 2402 TP 2380 BUY XAUUSD 2367-2360 SL 2359 TP 2387
Today with the current price at 2370 then I lean towards a bullish trend on 10th July. My plan entry is that: Sell 2387-2394 Sl 2396 TP. 2370
After experiencing a correction of falling down, gold today is predicted to go back and continue to test again key levels, my plan today: Sell 2373-2376 SL 2380 TP 2362 R: R = 1:1.5
Gold sideways today before coming to NONFARM news, then we can know where gold will move . My plan today: SELL 2362 - 2365 SL is above TP 2354 R: R= 1:2
Trading Strategy for Gold Sell Entry Point: Entry Range: 2336 - 2340 Stop Loss (SL): Above: 2340 (suggested precise level: 2342 to give some buffer for volatility) Take Profit (TP) Targets: TP1: 2330 TP2: 2325 TP3: 2320 Execution Plan Market Analysis: Trend: Sideways movement between 2320 - 2340. Catalyst: Awaiting nonfarm payroll news this week. Entry...
As of June 28, 2024, the spot price of gold is approximately $2,324.10 per ounce. This reflects a small decrease of 0.18% from the previous day The gold market has been experiencing some fluctuations, but it remains above the $2,300 mark. Analysts suggest that while the market seems somewhat directionless at the moment, it is well-valued with limited...
As of June 27, 2024, the price of gold (XAU/USD) is trading at about $2,299, showing a bearish trend. This recent decline in gold prices can be attributed to factors such as increased USD buying and the anticipation of future rate cuts by the Federal Reserve. Despite this bearish momentum, key support levels remain at $2,300 and $2,287, while resistance is noted...
Today I would like to give you the strategy signal with sell plan My plan is: SELL XAUUSD 2327-2333 SL is above TP expect with R:R = 1:1.5
Today, we expect the zone to sell is 2331-2336. SL is above, TP can expect with R:R = 1:1 , R:R= 1:2, or R:R= 1:2.5
Gold has always been a valuable asset, serving as a safe haven in times of economic uncertainty. Investing in gold requires a strategic approach, especially in a market characterized by volatility. Here, we outline a detailed investment plan focusing on two distinct buy zones, each with its own parameters for entry and risk management. Buy Zone 1: $2312 - $2307 ...
Here are some factors that might explain the sharp rise in gold prices on June 20, 2024: US Federal Reserve Decision: The Federal Reserve announced that it would pause interest rate hikes for the foreseeable future, citing concerns over economic growth and inflation stability. This decision led to a drop in bond yields and a weaker US dollar. Inflation Concerns:...
Given the current market context where gold prices are influenced by China's buying patterns, and a forecasted decline in gold prices, the strategy will remain focused on selling within the specified zones. We will incorporate two sell zones with a unified stop loss point above both zones. Sell Zone 1 Entry Point: 2336 - 2341 Sell Zone 2 Entry Point: 2348 -...
Introduction: This analysis focuses on a sell trade for gold, targeting the sell zone between 2336 and 2341. Our objective is to establish a trading plan with a risk-reward ratio of 1:1.5, ensuring disciplined and strategic trading decisions. Traders can enter a sell position anywhere within this zone. Trade Setup: We have identified a sell zone between 2336...
To analyze the gold price scenario as described, with a focus on selling in the zone of 2325-2332 and a stop loss (SL) placed 5 points above this zone, it's important to consider several factors that influence gold prices, such as market trends, economic indicators, and geopolitical events. Here's a structured analysis: Current Market Trends Price Movement: As...