Get started

Xauusdsingnal

Gold- Ready for 2500Yesterday, XAU/USD broke back above the 2390 technical resistance and the significant 2400 level, closing the day on a strong bullish note at 2410. This price action suggests that the correction is over and bulls are ready to conquer new highs. At the time of writing, the price is at 2421, with technical resistance at 2430. Given the recent rise, a correction from that level could occur. However, it is very risky to sell at this resistance considering the strong bullish momentum. In my opinion, it is better to wait and buy on dips. An ideal level for buying is around the 2400 zone, but given the strong bullish momentum, the price might not drop that low. In conclusion, I am looking to buy during corrections trying to time my entries as the market flows.
OANDA:XAUUSDLong
by Mihai_Iacob
3
GOLD-Today is very important The current trend of the daily MACD fast and slow lines is downward, coupled with the correction after the RSI overbought divergence, are all signals for short-term adjustment. However, only if it falls below the starting point of the 2156 interest rate decision, it will be considered a complete downward trend. The trend line The support is at 2162, so the support range is judged to be 2156-2162 Today's trend is particularly critical. The large range is now 2156-2185 and the small range is 2162-2180. You can sell high and buy low within this range and control your position reasonably. Because today is Friday, you can also continue to observe and wait. Once the trend is obvious, follow the trend and trade next week, so that the success rate of the transaction will be higher. Follow my strategies to make your transactions simpler. Join me and move towards financial freedom together.
FX:XAUUSD
by UnknownUnicorn68604160
Xauusd:2008 strong resistance Key indicators of changes in market sentiment on Wednesday also included a report of a decline in the number of people applying for unemployment benefits, which hit a five-week low of 209,000 (lower than the expected 225,000), indicating a tightening labor market.In addition, the University of Michigan's inflation expectations report is even worse. The report emphasizes that consumers expect the inflation rate to be about 3.2% in the next five years, and U.S. consumers still believe that the inflation outlook is higher.This forecast is closely watched because it may affect the Fed's interest rate decision and reflects people's continued concerns about inflation if expectations continue to be high.On Thursday and Friday, Thanksgiving Day in the United States, the US market will be closed early Gold reached its highest level in 2006 yesterday, and has not broken through 2008 for 4 consecutive times, so it can be judged that the resistance here in 2008 is very strong. As can be seen from the chart, the volatility range of gold is getting smaller and smaller A series of economic data released yesterday is the Lido dollar index. The US index has risen from 103 to 104.2. It is possible to reach the bottom. As a reverse indicator of gold, it is not conducive to the continued rise of gold. So as long as gold rebounds above 2000, you can still choose to sell. You need to observe the support strength of 1985-1987 and strictly do a good stop loss, so that your success rate will be greatly increased. If you don't know how to trade, join me and let us learn together to improve the success rate
FX:XAUUSDShort
by UnknownUnicorn64583787