oakpotshy

oakpotshy

Trading trend analysis for September 12, 2024: As noted on September 11, 2024, gold prices have yet to break the resistance level of 2527 - 2531, and prices continue to move sideways within the H4 timeframe. Currently, this sideways range is quite broad: 2483 - 2531. However, the D and W timeframes indicate that this is a bullish accumulation phase. Today's...

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Market analysis for XAUUSD trading on September 11, 2024: The trading session on September 10, 2024, continued the upward trend of gold, with corrective movements unable to change the direction. However, the H4 timeframe is currently in a sideways range; the area between 2525 - 2531 remains very strong. It is highly likely that during the Asian session, this...

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Analysis of XAUUSD gold trading trends for the European-American session on September 10, 2024: As noted on September 9, 2024, gold prices have increased at the beginning of the week. However, the upward momentum does not appear strong; a deeper correction is needed to build momentum for a breakout. Current expectations may target the 246x or 247x area. Today's...

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Trading trend analysis for September 9, 2024: After creating a candle wick on the M timeframe, the gold price has closed with a strong wick on the D and W timeframes. The gold price has not yet surpassed the peak of 2531; however, it is certain that the gold price will exceed this peak to reach levels of 2538-2542, 2548-2553, or 2565-2570. The trading trend...

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Analysis of the XAUUSD gold trading trend for the European-American session on September 6, 2024: Currently, the gold price is in a sideways range of 2500 - 2530, and the trading trend will be determined once this range is broken. However, in the long term, the gold price is still in an upward trend. This could be an accumulation zone aiming for a price of 2700...

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Gold XAUUSD Analysis for the European - American Session on September 5, 2024: The gold price on September 4, 2024, experienced significant fluctuations, yet it remains consistent with the previous bottom zone of 247x. After confirming the sell-off, gold rebounded strongly. However, the current upward momentum is still insufficient; a buildup is needed in the...

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XAUUSD Gold Analysis for September 4, 2024: Yesterday, September 3, 2024, the gold price adjusted down as anticipated, currently forming a bottom at 2473, with two bottoms appearing on the H4 chart, indicating a high likelihood of creating a new peak and continuing the upward trend. Tonight, there will be news on the "FED interest rate decision," which will...

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Gold XAUUSD trend analysis for September 3, 2024: The gold price on September 2, 2024, did not break the previous sideways range. Currently, short-term investor confidence mostly predicts a deep correction towards the 243x - 244x area, followed by a continuation of the long-term upward trend. If the 248x area is broken, this correction will be officially...

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Trading trend analysis for the week of September 2 - September 6, 2024: As per our daily analysis, the gold price is currently moving within the sideways range of 2490 - 2530, and there are no signs of a breakout from this area yet. However, the new week will bring the "FED interest rate decision," which could be significant news that helps break this sideways...

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Forecast for 8/23/2024: Gold is expected to continue its correction, with a high likelihood of further adjustment. Frame D has shown a reversal, presenting an opportunity for short selling and preparing for a strong rise after the completion of gold's momentum. The trading trend for today is SELL. Key price levels to watch: SELL zones: 2497 - 2500 and 2508 -...

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Analysis of the gold trend in the Europe - America session on August 22, 2024: The analysis from yesterday was completely accurate as gold has confirmed the current peak at 2531. The deep correction trend continues, albeit slowly, due to political situations and investor sentiment. Today, there will be news affecting USD and GOLD, leading to the possibility of...

oakpotshy

Gold XAUUSD analysis on August 20, 2024: Following the start of the trading week on Monday, prices remain sideways in the 2500 - 2510 range. This correction phase is likely forming a double top pattern at H1; breaking through the 2477-2480 range would confirm the pattern. Currently, there is a small overbought area at 2508 - 2513. Today's trading trend is SELL....