goldsnipertrades

goldsnipertrades

Fundamental Analysis: The outlook for XAU/USD remains bullish as global economic uncertainty continues to support demand for gold as a safe-haven asset. Recent concerns over rising inflation, geopolitical tensions, and potential slowdowns in key economies, especially in the U.S. and China, are prompting investors to seek refuge in gold. Additionally, the Federal...

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Fundamentals: The bearish outlook for gold is largely driven by the strength of the U.S. dollar and rising interest rates. With the Federal Reserve maintaining a hawkish stance to combat inflation, bond yields have been climbing, which typically makes non-yielding assets like gold less attractive. Additionally, strong economic data from the U.S. signals a robust...

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I’m looking for a sell opportunity at 2708 on the , targeting 2670 as the potential take-profit level. The price has recently formed a bearish rejection at the resistance zone around 2708, where we’ve seen a series of lower highs and a noticeable decline in momentum. A key RSI divergence on higher timeframes suggests that buying pressure is weakening, and...

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Hello guys here is a very quick scalp for GOLD sell position to all my followers and respected family on trading view enjoy it!

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Hello everyone I am waiting for the market to open if the buy will come so we will need to wait for a CHOC and from there if we get so we will buy untill our buy target and if the candle close belwo the support area and make the body close below last candle so we can catch the sell trade.

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Technical Analysis: Currently, XAU/USD is approaching the resistance level at $2790, where I believe we could see a significant selling opportunity. This level has historically acted as a barrier, and recent price action suggests that bullish momentum may be waning. If the price reaches $2790, I anticipate a potential reversal, with targets set for a downward move...

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Technical Analysis: Currently, gold is trading at $2771, showing signs of potential volatility in the near term. The price has recently faced resistance around $2785 to $2790, which suggests that a correction may be imminent. I anticipate a retest of key support levels at $2758 or even $2748 before a possible rebound. Should the price maintain above these support...

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Setup: Current Price: 2754 Target Price: 2744 (100 pips) Stop Loss: 2760 In the technical analysis, XAU/USD is currently facing strong resistance at 2754, where the price has struggled to break through in previous attempts. The Relative Strength Index (RSI) indicates overbought conditions, suggesting a potential reversal. Recent bearish candlestick patterns...

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Technical Perspective: Currently, XAU/USD is showing bullish momentum, with recent price action indicating a potential rally towards the 2760 resistance level. On the 1-hour timeframe, we have observed a clear Break of Structure (BOS) signaling strong buying interest. Key support is identified around 2730, which can serve as a solid entry point for long positions....

goldsnipertrades

Market Overview: In our view, XAU/USD will likely start the week on a positive note, heading for resistance at 2758. Price action for the pair on the 1-hour timeframe shows a Break of Structure (BOS), which depicts a strong bull in the market. Trade Strategy: Entry Point: Consider buying the market as soon as it opens as close to the present price level as can...