When analyzing the reasons for selling gold on a 1-hour (1H) chart, several technical and market factors might influence the decision to sell. Here are some potential reasons to consider: ### 1. **Price Reaches Resistance Levels** - **Resistance Zones**: If gold has approached a previously established resistance level on the 1-hour chart (e.g., a price level...
After a significant decline of over 700 pips from its all-time high, I anticipate a potential upward movement exceeding 500 pips for gold. Based on technical analysis, the 2400-2390 zone on the daily chart presents a strong support level, offering a strategic entry point for long positions. A recommended entry at 2400, with a stop loss at 2380, is proposed for...
Based on my technical analysis, gold has reached an all-time high with a current price of $2,469 USD. Indicators on the daily chart suggest that gold is currently overbought, and a retracement is likely. Historically, gold tends to drop after forming a new high, and it is now forming its third consecutive peak in this pattern. Considering this, I predict a...
Based on the current market analysis, we recommend the following trade setup for gold: **Trade Recommendation:** - **Sell Entry:** 2363 - **Stop Loss (SL):** 2373 - **Take Profit (TP):** 2350 **Rationale:** 1. **Technical Analysis:** The entry point at 2363 is identified as a strategic level based on recent price action and technical indicators, suggesting a...
- **Instrument:** Gold (presumably referring to the spot price or a futures contract) - **Sell Price:** 2364 - **Take Profit Levels:** - TP1 (Take Profit 1): 2345 - TP2 (Take Profit 2): 2355 - **Stop Loss:** 2375 These parameters suggest a bearish outlook on gold, with an entry at 2364 and targets set lower at 2345 and 2355. The stop loss at 2375 indicates...
Gold is currently exhibiting a bullish trend, indicating that it is likely to surpass the resistance area and achieve new highs in the near future. It is crucial to employ proper risk management strategies during this period. Although gold experienced a significant drop, now is the opportune time to regain its position at the top.
👉🥇🇻🇦👈XAUUSD Analysis! 🔥 XAUUSD broke above the trendline and is now retesting it alongside the 2335 support level. Here are the scenarios: 🔼 If the support at 2335 holds, we may see a rally towards 2370; 🔽 However, a break below the trendline could signal a decline towards 2305. 🥇 What's your take? Bullish or bearish on XAUUSD? Let's hear your thoughts!
hi traders , you can see our previous idea that we predicted gold will hit 2180 < and it hitted . and now gold is trading at 2162 again, we hope that it will go up again. you can buy gold 2162 < with sl of 2153 and tp is 2178..
Btc is trading at its high level, as we predicted yesterday that it will hit 69000 and it hitted and we secured 300 pips , after it it touched another high Now we are predicting again that it will hit 71000 and then will hit 69000 . Btcusd sell 73200 Sl 75000 Tp 71000 Tp2 69000 Use sl at every cost
radeIdea 👉🥇🇻🇦🚀👈XAUUSD Forecast! ☕️ Dear traders, brew some tea and prepare for FBS analysts' long-term forecast❗️ ⭐️ In the 1-month timeframe, XAUUSD formed a 'Cup and Handle Pattern", which signals bullish momentum. The asset has already broken above the resistance line and rushed to the top: 😵 Target 1: TP 2300.00; 😵 Target 2: TP 2500.00. 😶🌫️ Do you...
as we prdicted earlier in our last idea that gold will hit 2300 and it moved 355 pips and now gold retraced because of today cpi data and gold now will hit 2180 gain. we can take entries of buy now with sl of 2150. it gold breaks 2150 then it will hit 2120 . so use risk management.
as we know that gold has break its resistance and it has chances to hit 2110 soon. we can put buy trades with sl of 2077 and 1st tp would be 2090 and 2nd tp would be 2110
gold is looking bearish, after ppi data , gold moved bearish wick and then took uptrend but now its time to enter in sell channel again. we can sell from 2024 and sl should be 2031.
we can put sell stop at 2012 with sl 2017 and 1st tp is 2005 and 2nd tp is 1995.
hi traders, you can see that we are giving perfect trades at technical basis. we can seel now at 2007 , sl is 2014 and target is 1990
gold will hit 2015 soon.our 1st tp is 2003 and 2nd is 2015 and sl is 1982.
we can sell it from 2028, sl is 2035 and tp1 is 2017 and 2nd tp is 2006, Technical Overview Gold price reverses from a two-week low around $2,012 as geopolitical uncertainty improves appeal for safe-haven assets. The precious metal witnesses strong demand in the London session but is expected to face volatility as the US CPI data is set to release. The Gold...
as you know , we are perdicting accrurate forecast of gold since last 2 weeks. gold has resistence level at 3037_2040 area.. we can sell at 2036 with sl pf 2041.our firts tp is 2025 and 2nd tp is 2013. sources: rsi , fundamental events and h1 resistance