bluechipfx

bluechipfx

Gold (XAU/USD) is currently trading at a critical level, and I am anticipating a sell setup near 2624. The zone aligns with a potential short-term resistance level, offering a solid risk-to-reward opportunity. [* ]Entry: 2624 Stop Loss: 2630 (Above the recent high to avoid premature stop-outs) Target 1: 2610 (Initial support level where price might...

bluechipfx

Market Analysis Summary: Buy Opportunity: Targeting the 2620 zone from the 2606-08 level. Sell Opportunity: Market Structure: Overall bearish trend, indicating potential downward movement. Upcoming Events: CPI report is on the horizon, which could introduce market volatility. Key Points to Consider: Monitor the 2730-27 zone for entry signals. Watch for price...

bluechipfx Updated 

I'm eyeing a sell opportunity in gold (XAUUSD), targeting the 2660 level for an ideal short entry. The price is expected to dip towards 2630, a significant support zone, where a potential reversal could occur. If the market finds strength there, we may see a bounce as buyers step in. Geopolitical tensions continue to support gold's safe-haven appeal, but a...

bluechipfx Updated 

I'm eyeing a sell opportunity in gold (XAUUSD) , targeting the 2660 level for an ideal short entry. The price is expected to dip towards 2630 , a significant support zone, where a potential reversal could occur. If the market finds strength there, we may see a bounce as buyers step in. Geopolitical tensions continue to support gold's safe-haven appeal, but a...

bluechipfx Updated 

The XAUUSD (gold) market has a strong initial demand zone at 2722-17 , where a pullback is expected before facing resistance at 2747-53 , which is forecast as a significant supply level. Our major aim is 2700 , which corresponds to a robust daily demand zone. Geopolitical developments are boosting gold's appeal as a safe-haven asset. Heightened tensions in...

bluechipfx Updated 

The XAUUSD (gold) market has a strong initial demand zone at 2722-17, where a pullback is expected before facing resistance at 2747-53, which is forecast as a significant supply level. Our major aim is 2700, which corresponds to a robust daily demand zone. Geopolitical developments are boosting gold's appeal as a safe-haven asset. Heightened tensions in the...

bluechipfx

Our XAUUSD market analysis highlights a key sell level at 2750-2756, with an extreme sell zone around 2772-2776, where we expect significant selling pressure to develop. These levels are critical for those looking to capitalize on potential resistance in XAUUSD. On the buy side, our support area is set at 2702-2698 , suggesting a buy opportunity if...

bluechipfx

A great purchase opportunity is indicated by our current market analysis , which shows a tested support level at 2735-2730 . Given these indicators, the market might hit a new all-time high (ATH) . My research suggests that XAUUSD is a good buy , especially as fundamentals imply that the dollar may depreciate , likely strengthening gold’s value....

bluechipfx Updated 

XAUUSD Market Insights: Supply Zone: Currently facing resistance at 2788-90. Support Level: Key buying opportunity at 2780-74. Target: Aiming for 2810. Upcoming Catalyst: NFP report this Friday could create volatility. Strategy: Watch for a bullish reversal at support to enter a long position. Be ready for potential price swings...

bluechipfx Updated 

Market Analysis Summary: Buy Opportunity: Targeting the 2750 zone from the 2730-27 level. Market Structure: Overall bullish trend, indicating potential upward movement. Short-Term Caution: Formation of lower lows may lead to a sell-off down to 2690. Upcoming Events: NFP report is on the horizon, which could introduce market volatility. Key Points...

bluechipfx Updated 

GOLD Analysis Overview Current Market Levels: The market is expected to sell off from the zone of 2780-2785. A potential buy opportunity may arise from the zone of 2760-2755. Intraday Trading Strategy: Sell Zone: Monitor price action around 2780-2785 for potential short positions. Buy Zone: Look for bullish signals around 2760-2755 for potential...

bluechipfx Updated 

XAUUSD MARKET ANALYSIS Today, we are focusing on key intraday levels that could influence trading decisions: Support Level: 2734-30 Resistance Level: 2748-50 Upcoming Market Events: This Friday, we have the highly anticipated Non-Farm Payroll (NFP) report, which historically tends to create significant volatility in the market. The data released can...