After Price touched the Resistance at 2526-2529 it had a correction and we will wait for it to come back 2509-2506 to fill the liquidity and keep the buy momentum. My plan for GOLD : BUY 2509-2507 SL 2501 TP1 2516 TP2 2520 TP3 OPEN
Gold tends to reach to restest the nearest high at 2432. So today, we will wait gold to touch the zone 2428-2432 to sell Here is my plan today: SELL XAUUSD 2428-2432 SL 2435 TP 2418
Currently, gold is standing at the price of 2398, gold went up moderately last week, however, because of the downtrend line shown in the chart, I focus on selling the zone 2411-2418. Sell XAUUSD 2411-2418 TP 1 2400 TP 2 2390 Note: this prediction is not an advisable investment, you should learn to trade because of your own knowledge
As you can see on the chart, gold experienced a strong downward trend, with the trendlines shown, we expect gold will have a correction to buy My plan today: BUY 2349 -2354 SL 2346 TP 2380 NOTE: this prediction is not advisable investment, your success depends on your knowledge and experience.
Gold experienced a bearish trend when falling down from 2431 to 2392 yesterday, so gold continues to decrease in this week. After touching trendline, my prediction is that: SELL XAUUSD 2412-2418 SL 2420 TP 2395
Gold did sideway yesterday, and today I expect gold will go up to test 2314-2420. That why I give you the strategy today: SELL XAUUSD 2414-2420 SL 2422 TP 2400
After reaching a new ATH, people though that gold would increase to a new higher high, but the pressure of closing profit gold made gold go down to nearly 2400 USD/ounce again. However, gold will have correction and go up to retest key levels last week. So, I am happy to give analysis and prediction. This prediction is a not advisable investment, your decision...
The price of gold has been influenced by various factors, including geopolitical events, economic conditions, and investor sentiment. For example, recent developments such as the assassination attempt on Donald Trump and the anticipation of potential interest rate cuts by the Federal Reserve have impacted gold prices, keeping them near record highs. SELL XAUUSD...
Summary of Trade Plan Buy Zone (2297 - 2305) Enter Long Position: 2297 - 2305 Stop Loss: below the ZONE Sell Zone (2336 - 2341) Enter Short Position: 2336 - 2341 Stop Loss: 5 units above the entry point Risk Management Always ensure the position size is calculated based on your risk tolerance and account size. Use a maximum of 1-2% of your trading capital for...
1. Introduction Gold prices are highly influenced by various global economic factors, including the demand from major economies such as China. As a member of BRICS (Brazil, Russia, India, China, and South Africa), China's economic strategies, including its moves to create a new currency to counter the US dollar, significantly impact gold prices. Currently, there...
Current Pattern: Triangle Formation Gold is currently exhibiting a triangle pattern, which typically indicates a potential breakout. The triangle pattern is characterized by converging trendlines, with the price making lower highs and higher lows, creating a narrowing range. Breakout Direction: Downward The analysis suggests a probable downward breakout from...
News Impact on Gold Prices Gold prices are significantly influenced by global geopolitical events, which create uncertainty and drive demand for safe-haven assets. Recently, several key events have impacted the price of gold: Ukraine Conflict: The ongoing war in Ukraine has created substantial geopolitical tension, leading investors to seek refuge in gold....