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Forex-gold

Gold decreased but the upward momentum remained sustainableHello dear friends, do you think the price of gold will increase or decrease in the near future? Generally, the main trend of gold in the past week has been a decrease in price, with a decline of over $40 during the week. However, when looking at the long term with the 1-day chart, gold still maintains a strong upward trend with a steady rising trendline. Gold experienced a week of price decline as a corrective wave, testing the 34 ema line at $2045, and the upcoming prospects are expected to test the 89 ema line at around $2019. We can expect gold to bounce back from this point as it touches the trendline and finds support at that level (as marked on the chart). Karina still expects gold to continue setting record levels in 2024. What about you?
OANDA:XAUUSD
by Karina_Bella
XAUUSD is moving within the 2017.00 – 2088.00XAUUSD is moving within the 2017.00 – 2088.00 range . XAUUSD has been trading in a bearish trend within the last day. The support level is now at 2017.00. The resistance level is now located at 2088.00 and 2132.00. If gold rebounds with resistance level, open a Sell with the nearest support level. If it broke out confirm buy a buy order. The upcoming news will not affect these orders within this time frame SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin.
PEPPERSTONE:XAUUSD
by chamitha45
🔥 EUR/USD: Ready for another Fall ? (Read The Caption)With a new review of the Euro/Dollar chart, we can see that the price is trading in the range of 1.09230, if the price stabilizes below 1.093, I expect the price to fall to lower levels! Of course, please note that the price has fallen from 1.10 to this moment and created a liquidity void , which I believe will be filled in the short term! A FVG is also in the range of 1.081 to 1.087 and I expect more fall to fill this gap! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
29
XAUUSDXAUUSD daily chart, it can be seen that the price previously made a new high at the level of 2144, after which there was selling pressure. It is seen that as long as the price remains below the 2096 level, there is a chance that the price will correct. Therefore, if the price cannot break through the 2096 level, consider selling from the correction below the 2096 level with the targets 1977 and 1945. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
PEPPERSTONE:XAUUSDShort
by Serana2324
11
Weekly Momentum On Major Pairs (Week 51/2023)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Bullish Gold & Silver: Slightly Bullish XXX/JPY: Slightly Bearish Stock Indexes: Bullish BitCoin/ETH : Slightly Bearish WK 51 (17 Dec 2023)
by SonicDeejay
Weekly Momentum On Major Pairs (Week 47/2023) First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bullish Gold & Silver: Very Bullish XXX/JPY: Very Bullish Stock Indexes: Very Bullish BitCoin/ETH : Neutral/Slightly Bearish WK 46 (11 Nov 2023)
by SonicDeejay