#XAUUSD #GOLD
Gold is currently fluctuating within the 4620–4650 range.
A decisive breakout and consolidation above 4660 would pave the way for a renewed push toward the 4700 resistance level.
Conversely, if the price remains below 4660, there is a risk of a decline to 4600.
A drop below 4600 would trigger a new down.
Gold is currently fluctuating within the 4620–4650 range.
A decisive breakout and consolidation above 4660 would pave the way for a renewed push toward the 4700 resistance level.
Conversely, if the price remains below 4660, there is a risk of a decline to 4600.
A drop below 4600 would trigger a new down.
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XAUUSD Technical Desk
#GOLD BUY 4630/25 TP. 4635.4640.4645.4650.4555 TP. 4660.4670.4680.4690.4700 SL. OPEN
#GOLD
RUNNING 100 PIPS PROFIT
RUNNING 100 PIPS PROFIT
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XAUUSD Technical Desk
#GOLD BUY 4630/25 TP. 4635.4640.4645.4650.4555 TP. 4660.4670.4680.4690.4700 SL. OPEN
#GOLD
RUNNING 130 PIPS PROFIT
RUNNING 130 PIPS PROFIT
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#XAUUSD #gold
Current short-term resistance for gold lies at 4640–4650, with strong resistance at 4660 (unlikely to be breached). Short-term support is at 4620, with strong support at 4605–4600; a break below this level targets 4580.
Watch the 4600 support level; if it holds, consider a light long position. Monitor the 4660–4680 resistance zone; consider a light short position if the price reaches this range.
This is my latest market analysis; if you find it helpful, please like and follow.
Current short-term resistance for gold lies at 4640–4650, with strong resistance at 4660 (unlikely to be breached). Short-term support is at 4620, with strong support at 4605–4600; a break below this level targets 4580.
Watch the 4600 support level; if it holds, consider a light long position. Monitor the 4660–4680 resistance zone; consider a light short position if the price reaches this range.
This is my latest market analysis; if you find it helpful, please like and follow.
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#XAUUSD #gold
The sell trade I highlighted earlier near 4660 has now reached the 4640 level, securing a perfect 200-point profit.
Continue to monitor the 4600 support level; as long as the price holds above it, you can look to enter buy positions.
If you need accurate signals, feel free to reach out to me; I provide continuous updates.
The sell trade I highlighted earlier near 4660 has now reached the 4640 level, securing a perfect 200-point profit.
Continue to monitor the 4600 support level; as long as the price holds above it, you can look to enter buy positions.
If you need accurate signals, feel free to reach out to me; I provide continuous updates.
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#XAUUSD #GOLD
After touching the 4680 area, the gold price broke below the short-term rising trend line, signaling that the recent bullish momentum is fading.
The 4590–4615 zone serves as the initial retracement area. Gold may see a reaction here before attempting a rebound toward the highs.
The critical decision zone remains the key 4685–4706 area. If the price pulls back to this zone and faces rejection (showing bearish signals), it would present an ideal short-selling opportunity as illustrated.
If the bears regain control and push the price below 4580, the 4500–4525 range will become the primary downside target.
If you find my analysis helpful, please don't forget to like this post to show your support.
After touching the 4680 area, the gold price broke below the short-term rising trend line, signaling that the recent bullish momentum is fading.
The 4590–4615 zone serves as the initial retracement area. Gold may see a reaction here before attempting a rebound toward the highs.
The critical decision zone remains the key 4685–4706 area. If the price pulls back to this zone and faces rejection (showing bearish signals), it would present an ideal short-selling opportunity as illustrated.
If the bears regain control and push the price below 4580, the 4500–4525 range will become the primary downside target.
If you find my analysis helpful, please don't forget to like this post to show your support.
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#XAUUSD #gold
On the 4-hour chart, the gold price has concluded its previous one-way rally and entered a phase of range-bound consolidation at high levels.
The market is no longer aggressively surging; instead, it is undergoing repeated fluctuations within a range to digest profit-taking from the highs, causing the short-term resistance level to shift down toward the 4670 area. Currently, short-term moving averages have converged and flattened, and bullish versus bearish momentum is temporarily balanced, effectively locking the price into a short-term oscillation range. Future price action is likely to see repeated tug-of-war between 4600 and 4670 while awaiting a catalyst for a breakout.
Intraday Gold Strategy: Enter long positions on pullbacks to the 4625–4615 area; set the stop-loss at 4600 and targets at 4670–4680. Align with the prevailing bullish trend following pullbacks to capture profits from the continued upward movement.
On the 4-hour chart, the gold price has concluded its previous one-way rally and entered a phase of range-bound consolidation at high levels.
The market is no longer aggressively surging; instead, it is undergoing repeated fluctuations within a range to digest profit-taking from the highs, causing the short-term resistance level to shift down toward the 4670 area. Currently, short-term moving averages have converged and flattened, and bullish versus bearish momentum is temporarily balanced, effectively locking the price into a short-term oscillation range. Future price action is likely to see repeated tug-of-war between 4600 and 4670 while awaiting a catalyst for a breakout.
Intraday Gold Strategy: Enter long positions on pullbacks to the 4625–4615 area; set the stop-loss at 4600 and targets at 4670–4680. Align with the prevailing bullish trend following pullbacks to capture profits from the continued upward movement.
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#XAUUSD #GOLD
Breaking News: The Fed's interest rate hike intensifies, causing the gold market to fall further and test the key support level of $4594.
If this level is breached, gold could test the $4,560 level further.
We will not chase the market up or down; let's see if the $4594 level can be maintained.
As long as the price remains above $4594, buyers will still control the market.
Breaking News: The Fed's interest rate hike intensifies, causing the gold market to fall further and test the key support level of $4594.
If this level is breached, gold could test the $4,560 level further.
We will not chase the market up or down; let's see if the $4594 level can be maintained.
As long as the price remains above $4594, buyers will still control the market.
#XAUUSD #gold
Gold has currently fallen to the vicinity of 4600; monitor the support level near 4600. If this level breaks, look to the 4580 support level.
Conservative traders can focus on the 4580–4600 support zone and consider buying within this range.
On the upside, watch for resistance near 4660–4650; if the price reaches this range again, consider selling.
Gold has currently fallen to the vicinity of 4600; monitor the support level near 4600. If this level breaks, look to the 4580 support level.
Conservative traders can focus on the 4580–4600 support zone and consider buying within this range.
On the upside, watch for resistance near 4660–4650; if the price reaches this range again, consider selling.
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#XAUUSD #GOLD
#FX
Upper resistance levels: 4615-4635-4650
Lower support levels: 4560-4524
The market is biased towards a bearish outlook.
A further decline is expected near the resistance levels of 4615 and 4635, with the first target at $4560.
A break below 4560 would test the support level of $4524, but I believe the probability of reaching $4524 is currently low.
A buy opportunity could be considered near 4570 with upside targets of 4580-4595-4610.
In the short term, the 4610-4620 range is a bearish zone, with downside targets of 4580-4570.
#FX
Upper resistance levels: 4615-4635-4650
Lower support levels: 4560-4524
The market is biased towards a bearish outlook.
A further decline is expected near the resistance levels of 4615 and 4635, with the first target at $4560.
A break below 4560 would test the support level of $4524, but I believe the probability of reaching $4524 is currently low.
A buy opportunity could be considered near 4570 with upside targets of 4580-4595-4610.
In the short term, the 4610-4620 range is a bearish zone, with downside targets of 4580-4570.
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