


Gold prices have pulled back from their record highs as profit booking has taken some sheen off the precious metal. Despite this dip, experts anticipate the rally will resume after a brief phase of consolidation. The yellow metal had surged to lifetime highs as global investors sought safety amid geopolitical uncertainties. However, as prices soared, some analysts...
Gold was in rally of 500$ plus since last year. Currently gold can be seen loosing positive momentum on long term time frames. Based on orderflow, XAUUSD is booking profits and no positive buyers are seeing entering the trend. Sell on rise is seen on cards.
Gold attracts safe-haven flows, surges to all-time peak Gold registered small losses on Monday as the US Dollar (USD) benefitted from the upbeat Purchasing Managers Index (PMI) data. The S&P Global Composite PMI improved to 53.5 in March’s flash estimate from 51.6 in February, showing that the business activity in the private sector continued to expand at an...
Gold is on sprint to rise high and achieve newer heights. for those who could not enter the rally wait for 3105 levels to breach once and on bounce back re entry can be taken. If buyers retain control, the next target on the topside is seen at the $3,150 threshold. Fresh buying opportunities would emerge above that level, opening doors for a fresh uptrend toward...
As quoted on 30th Jan 2025 3100 $ has finally being approached. The daily chart shows that Gold price has almost tested the ascending triangle target, measured at $3,080. Therefore, a minor pullback cannot be ruled out in the near term. Additionally, the 14-day Relative Strength Index (RSI) has entered the overbought region, currently at 72.50, lending credence...
a good space yo buy gold again and stay long would be 3000 levels. a deeper level could be 2950 to 3000 levels. Gold has not taken a better profit booking zone... so a better new entry would be 2950 levels if gold falls. But a more prominent level would be retracing to 3000 levels.
gold has critically brown down its previous long term held support zones which clearly means no more buyers on target. selling is active and shall remain active for future terms upto 50$ immediate price drop.
as per daily bollinger bands, we see price testing support on 20 ema on daily time frame. Also positive delta on past week around 2900 defends further selling. short term selling could exist up 2860. but positive pricing for gold upto 3100 is still on cards this year.
Strong delta levels on falling day also. hold for markets to buy at dip.
Buy side on gold is on shine. the previous 2795 $ resistance was broken today with strong buy side. Expect 50 $ correction maximum as profit booking but gold doesn't seem to loose 2650 $ remark.
Clearly we can see that XAUUSD, is on bull run since start of Jan 2025. Reasons behind confirmation 1) Postive delta confirmation of every week . 2) no profit booking candlestick formation. 3) no previous lows broken of past 2 weeks.
Gold has shown 15$ uprise since todays day fall which shows its has not lost its positive side structure formations of past.
Trade are robust on XAUUSD, buying side momentum. 2750 USD is possible trade direction on rise and its inevitable says positive delta formation on rise.
Gold prices are moving very smoothly and prices are moving in upward trajectory. Buyers should gold their long positions and see prices on positive beginning of 2025. over all Gold aka XAUUSD is set to rise upwards.
As of December 18, 2024, analyzing the Delta indicator for XAU/USD (Gold vs. USD) provides valuable insights into the current market dynamics. The Delta indicator measures the net difference between buying and selling pressures, offering a real-time view of market sentiment. Current Observations: Positive Delta with Rising Prices: Recent data indicates that as...
Next target 2720 potential levels are achievable as we can clearly see the week past has shown positive accumulation of Buy orders and every day closing had positive ending and each day was closing on 1000+ lots. There is no strong reason to believe that XAUUSD has long upside future until USA does not announce its financial policy over this week
as we can see prices in consolidation but the slope of the prices and positive deltas are in increasing slope and negative deltas are in higher price positions that means sellers are yet not active and buyers are in power and controlling the markets and taking markets higher than lower days.
XAUUSD is in consolidation zone we can clearly see that prices are not either breaching newer high's not breaking lower lows.