GOLD Short From All-Time-High! Sell!
Hello,Traders!
GOLD is trading in an
Uptrend and has reached
An all-time-high level of 2791.82$
Which is a strong horizontal resistance
So as Gold is locally overbought
We will be expecting a local
Bearish correction
Sell!
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Freegoldsignals
GOLD Will Keep Growing! Buy!
Hello,Traders!
GOLD broke the key
Horizontal level of 2726$
While trading in an uptrend
And the breakout is confirmed
So we are bullish biased and
After a potential correction
And a retest of the new support
We will be expecting a
Further bullish move up
Buy!
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GOLD Will Fall! Sell!
Hello,Traders!
GOLD has hit a horizontal
Resistance level of 2725$
And because Gold was locally
Overbought we are already
Seeing a bearish reaction
And as we are bearish
Biased we will be expecting
A further local move down
Sell!
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GOLD (XAUUSD): One More Bullish Signal
Gold continues growing, as I predicted in the beginning of this trading week.
The market perfectly reached the first goal.
Analysing a price action on a daily, I see one more bullish signal now.
The market violated a strong horizontal resistance and closed above that.
With a high probability, the rise will continue.
Next resistance - 2716
❤️Please, support my work with like, thank you!❤️
Target Achieved: Our XAUUSD Forecast Was Spot On!The market has hit the target just as we predicted! 🚀 Our analysis of the strong 4H trendline and bullish momentum proved accurate, with the price continuing to push upward as anticipated. This is a testament to the power of technical analysis and staying disciplined with the trend. 📈
Stay tuned for more insights and forecasts! 💡
GOLD BUY OR SELL IMPORTANT ANALYSIS?Technical Analysis: Currently, gold is trading at $2771, showing signs of potential volatility in the near term. The price has recently faced resistance around $2785 to $2790, which suggests that a correction may be imminent. I anticipate a retest of key support levels at $2758 or even $2748 before a possible rebound. Should the price maintain above these support zones, we could see gold push higher, targeting those upper levels again. Conversely, if selling pressure persists and we break below $2748, the next support level to watch would be $2730.
Fundamental Analysis: On the fundamental side, gold's movements are heavily influenced by macroeconomic factors such as interest rates, inflation expectations, and geopolitical tensions. Recent economic data points, such as inflation reports and employment figures, have created uncertainty in the markets. This backdrop has historically driven investors towards safe-haven assets like gold. If ongoing economic indicators continue to signal instability, we may witness renewed buying interest in gold, pushing prices higher. However, if the Federal Reserve maintains its aggressive stance on interest rates, this could exert downward pressure on gold, reinforcing the need to monitor these developments closely. Let’s see how gold plays out in the coming sessions!
XAUUSD Take Profit Hit!Hello guys Yesterday, I conducted a thorough analysis of gold, and it's performing exceptionally well according to my predictions. Currently, my take-profit points, which were set at over 80 pips, are being realized as the trade runs in profit.
I hope each one of you is experiencing similar success in your trading endeavors. Remember, diligence and strategic analysis can lead to remarkable outcomes in the volatile world of trading.