Greetings, dear traders! Just a reminder, the overall trend for gold remains bullish. However, we are currently witnessing a potential sell opportunity around the 3035 level. From this point, you can consider taking an entry for a move of 100 pips or more. For a more confirmed sell trade, look for entries in the 3046-3050 area. For targets, gold's support at...
As we discussed yesterday, gold has been showing strong bullish movement, and we highlighted the key resistance areas. Gold has now broken through all of these levels and has reached a new all-time high at 3045. However, at this price, gold has experienced a strong rejection from the 3045 level, resulting in a 100-pip move down — a quick setup for traders. Now,...
Hello traders, As you’ve likely noticed, the gold market is showing strong bullish momentum, and there are a few key reasons behind this. Many traders have been speculating that the gold trend has finally shifted. Last week, gold experienced a significant surge, reaching its all-time high. Gold has become a safe-haven asset for investors, especially as the US...
Hello fellow traders! As we observe, gold is currently moving within a range between 2911 and 2920. Right now, there's a potential sell opportunity on gold around the 2915 level. However, for this setup, we need confirmation. Specifically, we’re looking for gold to break its minor support area at 2910. Once this level is broken, we can enter a sell position with a...
As we enter a new week in the market, it's important to note that last week, Gold (XAU/USD) faced significant selling pressure and reached its previous support zone between 2835 and 2830, but it didn't break through this level. Currently, we're analyzing a potential bullish move, with a target price (TP) in the 2890 to 2895 range. After reaching this price, Gold...
Hello Traders, We currently have a sell setup on Gold based on the M30 and M15 timeframes, ideal for a scalping trade. The entry zone is between 2675 and 2677. Place your stop loss at 2683, with Take Profit 1 at 2670 and Take Profit 2 at 2661. Feel free to take this sell trade. Good luck!
Having taken down all the major Fibonacci Retracement (Fibo) levels recently, Gold price Is consolidating the downside before the next push lower. In doing so, Gold price has retraced the entire advance from the October 10 low of $2,604 to the all-time high of $2,790. The 14-day Relative Strength Index (RSI) remains below the 50 level, keeping the downside risks...
As if we see current prices of gold so gold market opened with a gap to downside so now there is a big possibility that gold will cover it’s gap area and will go up. By seeing this we are currently seeing a buy opportunity on gold that can be buy the at 2730 to 2733 area and 1st tp will be 2740 and 2nd tp will be 2747 and so on so you guys can enter for this trade setup.
Rewrite it Guys this a risk setup you can take a sell trade hopefully H1 candle will close down you guys can earn some pips. It’s a risk setup so use proper lot size..
Gold Scalping Trade Idea: Sell at 2683 TP1: 2677 TP2: 2671 SL: 2692 Short-term scalping opportunity
Gold Trading Opportunity: • Current Price: $2653 • Sell Recommendation • Target Price (TP): $2649 (approx. 40+ pips profit) • Stop Loss (SL): $2660 Take advantage of this potential sell opportunity