Last week, gold prices were slightly stable. As we can see from the chart, gold prices were between the price of 1788 as a high point and 1774 as a lower point. I expect that during the beginning of next week, gold will complete the sideways trend until touching the bearish trend line on the 4h time frame. In general, we expect a strong drop in gold prices, and...
Yesterday was 100% successful trading and profits were more than 50%. The idea of trading today as described on the chart. Today morning trading session of the opening of European markets will be slight rise in gold prices. The evening session will complement the bearish path on the daily time frame. OANDA:XAUUSD Please consider stop losses limit is very...
Clear & simple as soon as the price for the moment remain above the levels of 1771 then we expect the price will go to resistance levels for the big show !! the rest on the chart. OANDA:XAUUSD be patient.
Nothing more to say only showing my prediction lines .. I hope you follow the idea
We have noticed large fluctuations in gold prices and a radical change in the direction of gold from the upside to the downside after breaking the rising wave. What happened to gold prices is the fear of traders and closing most of the buying deals from low levels that led to a strong selling in gold prices, which led to gold dropping to the previous levels of...
An update of the technical analysis of the gold weekly chart. I still see there are many indicators that indicate that gold (xauusd) prices are still on their way to upward, and there are no indications that gold prices are in a near to collapse. In short term the gold prices are slightly declining because there is pressures from the buyers to bring it down to...
Last week, we witnessed fluctuations in gold prices, and on Thursday when the US data was released, there was a strong downward movement that affected prices in general and the US market as well. But during the trading session on Friday, the market gradually recovered by 1.16%, which is considered a slight recovery. Over the next week, we will expect on Monday a...
During last week’s session, gold remained above 1900 levels, which means gold will continue its bullish journey strongly and proof of that is the support candle by buyers reached to the lowest price of 1,882 which enabled the buyers to enter the market with great confidence that gold this week will achieve gains to 1,950 levels. Through the technical analysis of...
Last week gold price has reached to new a good prices to 1880 and it is in the ascending direction now. on the other hand, with help of the Fibonacci tool, I can notice the price at the current level need a correction at prices levels of 1850-1859. Moreover, beside the naked strategy; because there is a resistance at price level 1888 the price has tried twice to...