Yesterday's view on gold was still very accurate. In the article, I clearly stated that there would be a correction before the Fed's interest rate decision, and the window period was after the data was released. As expected, under the premise of multiple negative data and a large number of long orders being profited, the gold price fell all the way to 2560, which...
4-Hour Chart: Consolidation Below All-Time High: After reaching the all-time high, the price is consolidating in a rising wedge pattern. This formation reflects indecision in the market, but the overall structure suggests potential for a downward move. Key Levels: 4H LQZ TP1 (2,550.342): A strong support level and a possible target for short positions if the...
Yesterday was Labor Day in the United States. The amplitude of gold was very small and we did not participate in any transactions. Today the market is back on track and it is time to open our transactions! Gold fundamentals: Tensions in the Middle East have escalated again, and risk aversion has rekindled. Due to the recent positive economic data, the U.S....
I have emphasized in the past two days that gold has begun to turn around in the 4-hour chart, and gold bears have begun to slowly exert their strength. Gold is now building a top structure at a 4-hour high. Gold rebounds are an opportunity for shorts. The resistance of the 4-hour moving average of gold has moved down to around 2507. If gold rebounds, you can...
Last Friday, as the performance of the US PCE data did not support the Federal Reserve's 50 basis point interest rate cut, the US dollar index rebounded and gold investors took profits, which caused the gold price to fall directly below the 2,500 round number mark. Considering that the U.S. market is closed today, the market fluctuations will not be too large, so...
As can be seen from the figure, my two trend prediction lines were drawn very accurately. It is a pity that we were in the 2500-2505 buying range, and the two buying orders were all profit-taking before the market closed. The best performance of these two rises was in the Asian session of the next day. During that period, I was still sleeping in Europe, which was...
XAU/USD is currently on a downward trend, with its price dropping from 2455 to 2434. This indicates a consistent decline in the value of gold relative to the U.S. dollar. The trend suggests that the market sentiment might be bearish, with sellers dominating the market.
XAU/USD is currently experiencing a downtrend, moving from 2427 to 2411. This shift indicates a decrease in the price of the asset over the given period. Investor sentiment may be negative, leading to selling pressure on gold, causing the downward movement. Traders observing this trend may look for potential entry points or consider short-term selling strategies....
Dear All my friends As I told you the big picture of XAUUSD Elliot waves, we will going to touch our targets and the first step until Jan 2025 is showing in this analysis.
Asia-Europe session analysis on July 31, 2024: The news of war has broken the downtrend on the M30 timeframe, indicating a high probability that prices will reach the liquidity zone of 30-33 and then experience a slight decrease before continuing the upward trend. However, on the H4 timeframe, closing and maintaining prices above the 2440-2445 zone is necessary...
TP done 💹 ✌️✌️✌️ Follow me for more set up.... Though GBPUSD is actually going done abit but we need to buy little then short for long 📉📉📉📉
TP done 💹 ✌️✌️✌️ Follow me for more set up.... Though GBPUSD is actually going done abit but we need to buy little then short for long 📉📉📉📉
Xauusd Successfully Break Symmetrical Triangle Now Gold Facing Resistance Level 2365 To 2367 We Can Buy Around 2340 Best Support And Retracement Level For Tp 2347 Don't Miss This Buying Opportunity For More Updates Stay Tuned
Xauusd Breakout Bull Flag Pattern We Have Best Opportunity Buying Opportunity Around 2330 On Retracement Best Target 2367 Don't Miss This Opportunity Take Entry On Retracement And Take Hold UpTo 2367 For More Info About Gold Stay Tuned
Xauusd H1 Time Frame Analysis Looks like Under This Pattern We Have Best Buying Opportunity After Break Up Blue Trend Line Don't Miss This Opportunity It's Short Time Frame Blow Blue Trend After Break Take Sell Note It's Not Signal After Confirmation Signals Will Be Available Stay Tuned
Xauusd Break Blue Trend Line Now Have Have Next Targets 2380 To 2360 To 2320 Don't Miss This Opportunity Make Huge Profits During News With Us Enjoy For More Updates Stay Tuned
Xauusd Now On Trend Line Support Can Bounce Back From There We Have Best Selling Opportunity Around 2380 Otherwise After Break Blue Trend Line We Can Find Selling Opportunity On Retracement For More Updates Stay Tuned
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