gold has made a sideways move after making a new ATH.. it is likely to take orders in the 2530 area (demand area) then gold can make an increase.. so you can focus on selling this month.. and focus on this week's Federal Funds Rate data, it is possible that it can spike above if the U.S. makes a rate-cut
so far gold has made a breakout in the resistance area of 2541.. it retests in the area of 2524 and has made a pullback in the RBS area of 2541.. it is a clear breakout.. focus on buy until gold makes a new ATH
gold has made a new base to continue the rise and potentially find the next resistance in the area of 2514.. if it breaks, that area has the potential for gold to make a new ATH.. Btw waiting for comfrmation before entry..
hi guys.. we see gold has made a rejection twice in the demand area (2473).. now gold may make a new ATH.. focus on buying after the price can break the CMP with momentum at 2495.
hi everyone.. this is the trade outlook for gold this week on tf h1.. Gold is likely to go up to make a new ATH this week.. wait for the comfrmation break at 2510 and 2525
gold has breakout 2 demand in H1 today.. this shows a strong momentum for a down trend.. in my view gold will make a sideways move for a while and will look for a reason for fresh demand (2460)
gold has made an increase and has breakout of small resistance at tf m5 (area 2516).. gold needs to break another supply area in the area 2523-2526 to make a new ATH.. but gold can also possibly respect the supply area 2523-2526
gold has made a new ATH at 2531 today.. there is a possibility that gold will retrace in the 2500 area (the cause of the previous ATH breakout).. and it is also possible that it will retrace in the 2490 area (demand area)
gold is expected to make an increase to 2600 if it does not break area 1 and area 2.. area 2 is the last area for gold to make a rejection for an increase..