"In the upcoming week, XAUUSD shows strong potential for a bullish trend. Several factors contribute to this optimistic outlook. Firstly, global economic uncertainties and geopolitical tensions continue to linger, fostering a risk-averse sentiment among investors. Gold, being a traditional safe-haven asset, tends to attract increased demand in such uncertain...
In the approaching week, the DXY (US Dollar Index) may face a potential bearish scenario based on several factors: Firstly, recent economic data suggests a slowdown in key economic indicators, potentially diminishing the appeal of the US Dollar. If economic reports continue to underwhelm market expectations, it could contribute to a bearish sentiment surrounding...
As anticipated in our previous analysis, the rejection at the upper band of the descending trendline, coinciding with the Fibonacci golden levels, seems to have played out favorably. The price action aligns with our provisional outlook, and we are currently se
DXY broke out from the descending trend. and is expected to go up and test next resistance zone. where gold needs to go more down
Di bearish engulf reached premium sell zone. expecting gold to fall with the news
Expecting price to bounce from here and break yesterdays high
Daily engulf at entry. expecting price to be rejected from here and go down to next support zone
Last week gold was consolidating in a triangle pattern. This week gold will break out and we believe we will see some major price moves this week
continues rejection from 1870, still believe price needs to retest blue support area
Expecting gold to come down and rest the next level of support
Expecting this consolidation to break and gold to retest M15 orderblock
price retested ema200 at D1 yesterday and dropped expecting price to retest 1795
Still trend is downside. expecting gold to break below 7980 today
still in downtrend. Going down to touch trendline again at bottom. which is also next support zone.
GOLD holding a downtrend. Expecting it to hold and take price to monthly bearish engulf target