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InvestMate|GOLD Time to make a profit🥇🥇GOLD time to make a profit 🥇Post is a continuation of my post on gold in which I announced a correction: 🥇This time it is time for an update and in my opinion we will continue the decline. 🥇I set the support zone by the 0.382 level of the whole upward wave. 🥇I determined the resistance zone based on past price reactions. 🥇There are 2 scenarios that can play out in this case. 🥇1. Continuation of the decline to the support zone 🥇2. Waiting for a retest of the resistance zone and joining the declines to the support zone at this point 🥇*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
OANDA:XAUUSDShort
by InvestMate
2
XAUUSD is BullishBITSTAMP:BTCUSD XAUUSD is bullish Analysis from the aspect of information During the Asia-Europe session on Wednesday (April 13), spot gold fluctuated in a narrow range and was currently trading around $1,965; the price of gold touched $1,978.5 an ounce overnight, as negotiations between Russia and Ukraine stalled and geopolitical concerns increased gold’s hedging. In addition to the demand for insurance, U.S. inflation recorded the largest month-on-month increase in 16 and a half years, which also provided support for gold prices. However, the hawkish speech of the Fed officials continued, and the dollar once again refreshed a nearly two-year high, which suppressed the price of gold. Moreover, the Reserve Bank of New Zealand and the Bank of Canada will also keep up with the pace of interest rate hikes, increasing the opportunity cost of holding gold, so that bulls still have concerns. This trading day will pay attention to the US March PPI data and news related to the situation in Russia and Ukraine, pay attention to the New Zealand Federal Reserve interest rate decision and the Canadian interest rate decision and their impact fermentation; pay attention to the March CPI data. technical analysis Candlestick chart in ascending channel The divergence indicator is clearly up KDJ indicator golden fork up
FOREXCOM:XAUUSDShort
by ElspethDupont
U.S.Dollar/Japanese Yen.2h.FXCMIn the update of the analysis of the dollar pair to the Japanese yen in the 2-hour period, at the end of an uptrend, the power of buyers and sellers decreased. And with the latest downtrend fluctuating in a range of suffering and the possibility of falling to a lower support level. #NewUpdate 👨‍🏫 vahid soltani :@ vahidsoltanitrading 📊 : #Usd/Jpy ⏰: TimeFrame:2h 📆 :23.02.2022 ⚠️:This analysis is purely a personal opinion and not a buy or sell signal
by Vahidsoltanitrading