The daily order flow analysis for gold indicates a positive delta of approximately 24K on a spinning candle, suggesting indecision in the market. This signals that the recent 3-day gold rally is losing momentum, with no significant profit booking observed yet. However, immediate aggressive buying seems to be taking a pause. As a result, intraday selling pressure...
Key Points in Order Flow: 1. Delta in Order Flow: - Delta measures the net difference between aggressive buyers (market orders to buy) and aggressive sellers (market orders to sell). - A positive delta of 20K means there were 20,000 more aggressive buy orders than sell orders during that candle. 2. No Major U.S. News: - With no significant U.S. news or...
With better US news results even , Gold prices sustained over previous days low, which clearly shows buyers being accumulated on short term . Seems selling term is over for now and accumulation is ignited. FX_IDC:XAUUSD Gold is on rally again as its been 2 weeks now XAUUSD has faced good selling pressure, and profit booking. We could assume that gold may...
A positive delta formation on a 15-minute chart indicates that there is more aggressive buying than selling within that time frame, reflecting a rise in net buying volume or interest. Delta measures the difference between buying and selling volume, so a positive delta means buyers are stepping in more than sellers at that point. After a long fall in prices, a...
Here’s a simpler way to understand how high-impact news events might affect gold prices in the short term, especially with events coming up in the next three hours: There are three possible scenarios: All Positive for the U.S. Dollar: If all four key news events release numbers that favor the U.S. dollar, gold is likely to move downward. Since gold has already...
Gold has lost its hold on 2600 levels. XAUUSD buyers failed to uplift the side of gold seeing the lower demand zone, gold is triggered further lower side. 10 $ immediate profit booking is seen on the chart
Positive Delta formation on rise on daily time frame when the price of gold took a deep downward hit of 150$ steep fall down from 2750 to 2600 . ( the Trump victory Effect ). Price is struggling to break the 2620 price tag with larger volume. as quoted on my previous candlestick chart analysis, if price breaks 200 ema with larger volume we shall see a buyers...
Points to consider : Trades are trying their best to take the prices higher than 200 EMA but traders are not able to take the prices further! this is clear evidence that buyers are accumulating at lower prices of 2600 to 2620. It's evident that 20 $ gap from 2600 to 2620 is on record to break. if this breaks with a bigger volume only then we can assume that...
Gold falls to major trendline on strong USD, asset reallocation, risk-on. Key points:- Gold falls to key support from a major trendline for the long-term uptrend at $2,600. A strong US Dollar is reducing the price of Gold, whilst competition from Bitcoin and stocks is also bearish. Expectations for the Federal Reserve slowing the pace of interest rate cuts and...
With Economic new event as Balance of Trade in favour of USD, Gold has likely taken a small hit. But this small hit shall not surpass the XAUUSD demand zone. Slightly uplifting the price is on records. The downward bias in Gold prices picks up pace and drags the yellow metal to fresh five-week lows near $2,640 per ounce troy on the back of the persistent march...
Alert :- Profit Booking of Past Trading day ( USA elections) day is over. Why so ? We can see clearly that on the whole trade of USA elections day is over with a good volume approx 400K , . but with just 296K we can see that 2.4K approx positive delta. This is clear indication that new buyers are entering the market with fresh positions.
Gold got extra downside due to long term profit-booking and additional support of Trump's victory. Donald Trumps Victory means a lot to dollar strength. hence Gold has to take temprary pause in its growth story. For buyers who love to buy gold and keep its not the time to buy and hold
As Donald Trump wins, its a win win situation on USA economy. As simple as quoted, Dollar rises , Gold collapses. Altough its not going to be a forever falling signal, but we must also observe that Gold XAUUSD, is on strong uptrend since March 2024, a good level of profit booking is expected.
If Donald Trump were to win the U.S. election, the potential impact on gold prices could unfold through several channels: Market Volatility: Trump's policies, especially regarding trade and foreign relations, have historically introduced volatility to the markets. This unpredictability can drive demand for gold as a safe-haven asset. Dollar Strength: Under...
We can see there is positive delta formation on past week's daily candle, but we can see today there is negative delta formation on Monday candle which is yet green in formation, but has negative sentiment on buyer accumulation as its in contrast. The current daily time frame candle is in constant compression format. which means buyers did try to take a high...
\With start of new day of new month, XAUUSD is again in buying zone. The profit booking of the month is done completely. The buyer on XAUUSD are again on zoom to extend the gains as there are more valid reason for gold to rise highter than settling lower. Today, the gold price continues to trend upward, driven by several key factors. First, heightened...
Currenty gold is on a serious bull run due to war zone creation. Gold buyers will find it terrible difficult to buy gold and hold. waiting for right entry over small time frame above ema cross overs or rsi over sold levels may be useful to seek opportunity.
Trend Lines: An upward trend line that has held for an extended period suggests strong underlying demand. If prices approach this trend line and bounce, it can act as a signal to buy, reinforcing bullish trends in gold. Additionally, analysts have noted the formation of broadening wedge patterns on various timeframes for gold, which could lead to a breakout...