Current Price: 2510.64 USD at 14:05 PM Oscillators On the 1-hour chart, most oscillators are in the neutral zone, indicating a lack of strong trend. The Momentum indicator suggests a Buy, but other oscillators, such as the MACD and Awesome Oscillator, indicate a Sell. On the 4-hour chart, the results remain neutral, with some indicators like the Bull Bear Power...
❗️ Gold has surged past $2,520, breaking Friday's high. With Powell's strong support for rate cuts and ongoing Middle East tensions, prices could rise further. Watch for resistance at $2,530-$2,531. Consider buying on pullbacks for potential gains!
Gold futures hit a fresh record at $2,561.5/oz as expectations of U.S. rate cuts grow and central banks ramp up demand. With a weaker dollar and global monetary easing, gold’s momentum is strong—consider buying now.
XAU/USD exhibits mixed signals on the 1-hour chart. While oscillators show neutrality with some sell signals, moving averages lean towards selling, and pivot points suggest a neutral to bearish sentiment. The gold forecast hints at a potential decline, with a 60% probability of a price decrease. Traders should exercise caution, waiting for confirmation before...
The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we...
BUY #XAUUSD at 1688.50 wait on T/P price 1693.50 or close it at S/L: 1683.50
Gold will make a correction at 1755.00 and will return to 1740.00. If it breaks the 1740.00 level, gold will fall lower.