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We are Going to see this mive in gold, if it breaks below 2735-30 then we will see A huge dump to the 2710 level.And if we breaks above 2790 then we may see 2800-2820.We will take the scalped buy entry from 2760-55 area,For the target 2790-2800
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(XAU/USD) continues to gain traction for the second consecutive day, reaching its highest level since November 6, around $2,726 during Tuesday's Asian session. Renewed trade war concerns, sparked by US President Donald Trump's suggestion of imposing tariffs on Canada and Mexico, have increased demand for the safe-haven precious metal Additionally, a drop in US Treasury bond yields-driven by expectations that the Federal Reserve (Fed) will implement two rate cuts this year amid signs of easing inflation-further supports the appeal of non yeildng gold. Gold price continues to increase in large frame, break 2725 and buying power is strong.GOLD BUY AREA 2704-1 TARGET 2710TARGET 2715TARGET 2725STOPLOSS 2697GOLD SELLING AREA 2740-43TARGET 2735TARGET 2730TARGET 2720STOPLOSS 2748..HOPE THIS CHART IS HELPFULL FOR YOU, SHARE YOUR OPINION IN COMMENT ALSO🪽
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Fundamentally:- Gold dropped to a three days Low 2640, And Now as you know that Hizbollah Leader was killed so War can affect the gold and it can pump the gold, How ever TECHNICALLY its seems bearish, BASED On the support and resistance areas of the gold on H2 time fram We identifies the important key areas.Resistance 2685,2702Support 2643-2628-2578Next week will be difficult for us so Be carefull traders, And Just Follow This Chart also, Wishing u a best trading week.
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As You Know Gold Made New High On Monday, still Buying pressure is High, On The Identifieng of Gold On H1 Time Fram ,GrowMore Teal Finds That Gold Still Can Go Up we have to Wait for the 2638-43 Area to Sell it, And We will Wait for the 2604-7 area for Best Buying Opportunity , Plan To trade :- BUY GOLD - 2603-2600TP 2610TP 2620TP 2630SL 2594.50SELL GOLD - 2639-43TP 2630TP 2625TP 2620SL 2648WISHING YOU A BEST TRADING DAY
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YES Btc New High coming As We All are in Buy,Holding from 53,000, And I showed You the TP 68k Bitcoin was forming The Channel and was Is range, Not it Break Range It will Make new High, But after that Looks little down side correction to 55k, and then Up above 68k, and It Also Forming the Head and shoulder pattern so we can Accpect More upside But after little downside Move (Downside move is due to OverBought BTC).
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On the Identifying of GOld On H4 Time fram, GrowMore Finds that Gold is rejected From,, zone 2528-31 price level, 3-4 times it Rejected, Now if it Cross The rejection level 2531-32 Then Our potential targets will be 2540-55, and If it dropped Below 2500 then Our targets will be 2480,70 Or below 2470,,Now lets wait for breakOur Or breakdown,How ever We can take Trade from Upside, (sell trade) From the zone 2522-2526 with stoploss of 2533,and we can add layers from 2528-29, with potential tps 2515,2510,2505.
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#BTCUSD UPDATEBitcoin is currently consolidating within a bull flag chart pattern, signaling potential bullish momentum. The price is rebounding from the support trendline, which suggests that further upward movement could be on the horizon.The bull flag is a continuation pattern, and the current setup indicates that Bitcoin may be gathering strength for its next move. If the price breaks out of the pattern, it would provide strong bullish confirmation, potentially leading to significant gains.Traders should closely monitor the price action within this pattern. A successful breakout could signal the start of a new bullish trend, offering promising opportunities in the market.
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Gold Remains Bullish in the Short time like till 2507-10 The downward relative strength index is close to reaching the 50 level.the 50 level is considerd a support .In immediate future,the technical Trend of gold prices is still leaning towards the possibility of an increase with notable levels being listed as follows.SUPPORT:- 2484,2471 USDRESISTANCE:- 2,500- 2,503SELL GOLD ZONE:- 2510-2507TP 2500,2490STOPLOSS:- 2513BUY GOLD ZONE:- 2480-83TP,2488,2495STOPLOSS:- 22476WISHING U A BEST TRADING DAY❤️🔥™️
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Xauusd continued to drop ,falling below 2500, As. AStronger US dollar, On my Pridiction still it is bearish due to Trend and Pausing of war, So i think So it will Touch atleast 2474,, There is a Little Confusion about correction Means it can Go 2509-25012 Before drop (but there is Few chances of it) (So i set setup for you)Sell Gold from zone 2500, with Stoploss 2517, SL 2517 is due to the adding layers from 2509-12Hope you Understood Guys, Just Do your own research also,
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GOLD IS OVERSOLD, AND MANY INVESTORS WILL INVEST IN THIS FOR DROP, Today is Monthly,and Weekly candl Closing, so For me Gold will Go below 2500, Guys, Open your Positions Sell From zone 2515/2520 With Stoploss 2528, TP 2510,3505,2490,2480 On the way,, Follow Up for more DO YOUR RESEARCH AND REMEMBER WHEN FUNDAMENTAL OCCURS, TECHNICAL NOT WORK SO BE CAREFULL,ALSO TIDAY IS FRIDAY,Heavy Day For traders.Share your thoughts with us.💙
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