XAUUSD 12/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Impulse Correction ( ABC ) Impulse. Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line. It has Completed the Break of Structure and it will Completed its retracement Previous Support or Fibonacci - 78.60%
Entry Precautions :
Wait until it Rejects Bullish Trend with Strong Bearish Price Action
Goldidea
Gold today: Continue to increase pricesHello dear friends, do you think gold will increase or decrease today?
Gold is currently holding well at its recovery level since it last dropped to a low price of $1810. It is currently trading steadily at $1860 - $1861.
On the 4-hour chart, we can observe that after the Bollinger Band narrowed at $1822, it has expanded and the upward trend has been established as predicted by Karina earlier.
Currently, the Bollinger Band is still maintaining a good expanding trend. With important news being received in the market today, personally, I predict that gold will experience a slight correction down to $1840 (which coincides with the Bollinger Band's support line) before using it as a support level to continue its upward movement. Additionally, Karina still holds a high evaluation for a recovery price target of $1900 at the moment.
GOLD (XAUUSD): Important Key Levels Ahead of FOMC 🥇
Traders, do not forget that today we are expecting FOMC.
Here is my latest structure analysis for Gold.
Support 1: 1804 - 1811 area
Resistance 1: 1884 - 1890 area
Resistance 2: 1901 - 1908 area
Resistance 3: 1942 - 1952 area
The market will most likely keep growing before the news.
Then everything will depend on the FED.
Consider the following structures for pullback / breakout trading.
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Positive signals appeared causing gold to recover as Middle EastThe current spot price for gold on the global market is approximately $1,856 per ounce. The price of gold delivered at Comex New York in December was $1,872/oz. Gold prices rose after Israel refused to make peace with Hamas. Both Israel and Hamas appear determined to continue their attacks. Talks have begun between the EU, the US, the United Arab Emirates, Saudi Arabia, Jordan and Qatar, but it is seen as too early to reach an agreement. After Israel declared war, the price of gold rose as the price of crude oil, which is closely related to gold, rose.
gold price prediction
Experts at Leader Capital Markets told Reuters the dispute is likely to be long and severe.
ANZ Bank experts expect oil prices to continue rising in the near future. The recent rise in oil prices is also due to a decline in supply due to reduced production in OPEC+ countries. Iran's export cuts could cause supply bottlenecks in the fourth quarter. When the world is unstable, gold is often seen as protection from the storm. The ongoing conflict between Israel and Hamas is likely to prompt a shift towards safe-haven investments such as gold and the US dollar.
Currently, many organizations do not provide gold price forecasts. Much is said to depend on how long the conflict lasts and how tense the situation becomes.
XAUUSD- Gold prices climbed high, oil and USD went downWorld gold prices this morning were stable with spot gold down 1.1 USD to 1859.8 USD/ounce. December gold futures last traded at 1,873.8 USD/ounce, up 9.5 USD compared to yesterday morning.
Although the Israel-Hamas conflict has not subsided, it continues to promote safe-haven buying activities in the gold market. However, that momentum failed to help the precious metal hold on to its previous gains due to the rise in bond yields.
Although gold is not shining, market analyst Fawad Razaqzada at City Index believes that this precious metal will still find strength in a risk environment. Besides, the fact that the USD did not find motivation after Friday's stronger-than-expected employment report has made many investors think about the possibility that the greenback has peaked and that is a good sign for the market. golden school.
This expert said that spot gold continued to hold above 1,857 USD/ounce on Tuesday afternoon (US time) and that was the first important short-term resistance level. While a slight pullback from this level is understandable, the reality is that support in the long-term area around $1,805 to $1,820 an ounce was in place last week, before the risks flared. political geography. This expert said that is a good sign for gold.
Update the latest gold priceHello dear friends! Today, gold continues to maintain its strong upward trend. Currently, gold has increased by 0.12% in the day and is trading at $1863, an increase of approximately $22 compared to the same time yesterday.
On the analysis chart, the two EMA lines, 34 and 89, are gradually converging, indicating that gold may experience a slight decline towards the support level of $1845 before the next trend becomes clearer. However, Karina still holds the opinion that gold still has the opportunity to rebound and potentially reach the $1900 mark in the future.
What about you? Do you share the same viewpoint? Leave a comment and let Karina know!
Gold formed a narrowed tail flag model: What will happen?Hello intelligent and wealthy traders
Currently, on the 1-hour timeframe, gold has increased and formed a flag pattern with a break to the down, resulting in a drop in the price of the DOW. The price may return to the support level of 1835 once again before the uptrend continues.
In general, today gold has experienced a strong breakthrough, continuously raising its price with the current market price at 1850 USD, an increase of 18 USD for the day.
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Comments on gold price next week: Returning price again?Hello smart traders!
In today's analysis with excellent insights from Trading View, we can observe that gold is currently moving steadily within the body of the Bollinger Band with an expanding trend. Additionally, the Fibonacci measurement indicates an upward trend with price levels targeting 1839 USD and subsequently 1862 USD.
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XAUUSD - It's time to reverseDear esteemed traders, I am Karina, thrilled to accompany you on the Trading View market. Let's exchange ideas and discuss today's topic together!
With the fantastic tools on Trading View, we are currently witnessing a narrowing of the Bollinger Band range, indicating potential significant market volatility in our XAUUSD market. After experiencing a decline in recent days, it seems that this week may bring a return to weakness in gold prices, as seen over the past two days. This presents an opportunity for us to establish a Buy position with support at 1805 and utilize Fibonacci measurements, which could reach up to 1865 USD.
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Update gold price on weekends, the price increases again.Dear esteemed traders, as predicted by Karina yesterday, the price of gold has indeed experienced an upward trend and has now paused its trading session at a closing price of $1,832. This marks the highest price increase in the past week.
Based on technical analysis, after the Bollinger Bands tightened, they are now showing signs of expansion, which is considered a positive indication for price growth as the metal approaches the upper limit of the Bollinger Bands.
According to Karina's perspective and forecast, the price may recover around $1,838, and it could potentially reach as high as $1,845. And you, what are your thoughts?
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Gold recovered strongly during the weekHello smart traders!
Currently, in the market, gold has started the trading session with a strong recovery, reaching up to $1851, in line with Karina's forecast yesterday.
Currently, on the chart, after the Bollinger Bands tightened, they have expanded, indicating the potential for significant market volatility in the near future. Additionally, breaking above the upper limit of gold suggests that the upward trend is being prioritized, with the possibility of a slight decrease followed by a recovery to the nearest resistance level set at $1875, as shown in the analysis chart.
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Gold - Strong explosionHello wealthy and intelligent friends!
Today, gold is showing clear signs of recovery, with prices fluctuating around $1,851 per ounce and not experiencing much change compared to the morning trading session.
After witnessing continuous price declines for several days, it seems that gold has regained its prospects for an increase in value. By using the Fibonacci tool, a perfect recovery level can be reached at $1,870 and even higher at $1,885 per ounce.
This week, we will have news about the USD on Wednesday and Thursday, so it is likely that after gold rises to the indicator level, this precious metal will undergo another test of decline before the direction of gold becomes clear.
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Gold looks set to mean revertGold has fallen around -7% since bearish pinbar high around 1950, and has done so in a relatively straight line. Yet bearish momentum has receded, and prices are holding above the monthly S1 pivot point. The decline has also failed to test 1800 (a likely solid area of support), which adds to the case we may be due a bounce.
We’re not looking for any home runs, but a bounce towards the 1850 – 1858 zone seems achievable, whilst prices remain above 1800.
XAUUSD New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulsive Waves " 12345 " and Corrective Waves " ABC " Completed. Falling Wedge as an Corrective Pattern in Short Time Frame in XYZ Waves and Breakout the Lower Trend Line and Strong Support Level
Entry Precautions :
Wait until it Rejects after Retracement or Previous Support and Acts as Resistance
GOLD/XAUUSD UPDATE D1For today setup, i like to make buy position at price 1858 - 1854 for Short position until 1884
for now i see Gold make a push down because gold continue to follow down trend .
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
GOLD:downtrend
Today is the same as yesterday’s prediction. Buying below 1820 is still a good strategy.
So gold is now choosing a direction. Now the daily line has two supports, so you can still buy below 1820. Because it is a downward trend, I recommend buying in small quantities.
The resistance above is still at 1830-1840. If it cannot rise, it will still be in a downward trend. When it reaches this range, it is still necessary to reduce positions to ensure a certain profit.
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GOLD:Downtrend
Today is the same as I predicted yesterday, as long as gold falls below 1820, you can buy it in batches.
As can be seen from today's trend, gold has strong support in the range of 1800-1820, so today I bought in batches near 1815 and 1820.
I reminded my followers that because gold is still in a downward trend, it can be sold as long as it rises to 1830-1840, so the part we buy in this range can be reduced first to ensure a certain profit.
If you trade according to my strategy, then your chance of making a profit is more than 85%.
Now gold can still be traded according to the above strategies, but it is necessary to observe the market trend at all times.
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BICO RETURN POINT CAN EXPLODE THE PRICE TO $4 2023/2024
Thank you for reading our update. Please keep in mind that this is not trading advice.
This coin's value has been going down since 2022, especially after it dropped from an important point at $4.55. However, 2023 looks like a year when the coin might go up to that level again. Some companies have shown interest in it this year, with FIRM EDEN BLOCK being one of them.
Dollar-Cost Averaging (DCA) is a powerful method that can make a coin stronger in the long run. With DCA, more companies gradually start investing in it.
This update is about what's expected to happen in 2023 and the beginning of 2024. Our analysis suggests that there's a chance the coin could reach $4 USD again. This is mainly because more companies are getting interested, and the technical analysis data for the coin looks positive.
This can become a history coin that has shown a strong effect.
It's not the first time in the crypto world that we have seen a coin do the unexpected.
XAUUSD Gold 04/10 MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves. Bullish Channel in Short Time Frame if Breaks the Lower Trend Line then it can Possible Reject from the Daily Demand Zone and if it Rejects and Breaks the Upper Trend Line then it will make its Correction till Previous Strong Level
GOLD:Downtrend
The decline in gold last week caused me to lose a lot, so last week I chose to rest on Thursday and observe for a day.
Now gold is still in a downward trend, so as long as it rises today, it is an opportunity to sell, and today it recovered part of last week's losses.
The last biggest decline, from 2080 to 1893, fell by about 187 points. If it is the same this time, then the bottom this time may be from 1987 to 1800, around 1800-1820, but these are all predictions. If we reach the vicinity of 1810 for the first time, we definitely need to buy to win the rebound.
Now gold is near 1832, and there is very little space from 1820, so you can now wait for the rebound to sell again, or wait for it to fall to 1820, divide the position and gradually buy, control the position, so that the chance of profit will be higher.
Last week let me learn that survival is more important than making money. I hope everyone can make money.
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XAUUSD/GOLD UPDATE For today setup, i like to make buy position at price 1810 - 1807 for Long position until 1885
for now i see Gold make a push down to reach daily/weekly support . If 1810 - 1807 break Solid, That mean Gold Will continue Downtrend until 1710
🎯 The Ideal Combo for trading:
📌 A discipline mind
📌 A trading edge
📌 Risk management
📌 Long-term mentality.
GOLD (XAUUSD): Pullback From Key Level 🥇
Gold perfectly respected a horizontal key level that I share with you yesterday.
After its test, the price formed a cup & handle pattern on an hourly time frame
and violated its neckline.
Now we can expect growth at least to 1877
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