Jackeyloves

GOLD has continued its short-term downtrend and fallen around the target area we set in the 1970-1972 area. According to the correct analysis, the downward wave will end today.From a technical perspective, if gold wants to increase, it needs to maintain stability above 198x in today's trading session and close the daily candle above that zone.The bullish structure remains intact as long as the daily candle does not close below 1868. and the outlook for a bullish future remains secure.In case gold cannot trade above 198x today, it is likely that this decline will last until the end of the week.BUY GOLD scalping 1969-1967Gold really reach 1965, we cut loss this signals

The price range between 2004 and 1976 has been maintained by gold for more than a month. Since the conflict in the Middle East broke out, gold has been in this price range and is waiting for an opportunity to break through.Instead of the Israel-Hamas conflict strongly affecting the gold market, it will now turn to a Fed rate cut, with the only question being when and by how much.In the near future, the 2000 support zone will be a place for gold to rely on and maintain stability above the 2010 level.Plan trading BUY GOLD 1975-1977 SL 1972waiting gold hit entryGOLD HIT trendline in zone 1972BUY AGAIN 1971-1972 SL 1969

The upper trendline and lower trendline form two support and resistance zones that lead the price of gold to increase day by day.The dollar price is recovering after the nonfarm news announced, slightly slowing down the rise of gold amid the tense political situation in the Middle East.Gold is trading above the EMA 34 and 89 plus the support from the 1990 area is too strong, so an uptrend to break the old resistance of 2007 in the past month is about to take place. 2026 will be where gold is headed firstBUY GOLD scalping 1981-1983 SL 1978

World gold moved in a fairly narrow range yesterday on the 1979-1990 run amid market caution ahead of Nonfarm payroll data.It is likely that gold will not have many fluctuations in the Asian and European trading session tomorrow.Tonight, the Nonfarm payroll is announced. Expected to follow last month's trend.Average hourly earnings are also said to be decelerating while the Unemployment rate is forecast to remain steady at 3.8%.Gold is still below the important 1990-1992 resistance zone, showing that downward pressure on gold still exists. Investors should also note that if gold overcomes this resistance zone, it could extend its upward momentum to 2010-2015. Therefore, this resistance area is the decisive area to go up or down recently.True to analysis, gold does not fluctuate muchwaiting new strategy from me

Gold rebounded above the 2000 zone after the US October employment report.The positive shift in risk sentiment has limited the rise of precious metals, leading to a decrease in XAU/USD to the level of $1,990.Gold prices are finding support from the weak performance of the US Dollar and US Treasury yields, and all conditions are perfect for a hit above 2010 resistance.Have a nice weekend everyone

Fundamental Analysis: Yesterday, the global gold moved in the range of 1971-1991 as several economic data from the United States were released, along with corresponding policies that align with the current economic situation in the US. According to the FOMC, the monetary policy remains unchanged at 5.5% during yesterday's meeting. Fed Chairman Jerome Powell stated that the long-term increase in interest rates needs to be maintained and encouraged. The market believes that the interest rate hike cycle has ended. This has supported the increase in gold prices after a drop to 1970. The market is now awaiting the Nonfarm report tomorrow.Technical Analysis: After breaking above 1990, the price formed a long-term upward trend. However, even with the naked eye, we can see that the buying pressure failed to push the price higher. The next target would be a price of 1964 and further down to 1954 to test if the buying pressure has truly weakened.Trading Plan: Buy Gold at 1977-1975 Stop Loss at 1972+ 140 pips for this strategy