technical articles

xau-analysis

Technical Analysis of Global Gold Ounce – 18th to 22th nov

Technical Analysis of Global Gold Ounce – 18th to 22th nov

Global Gold Analysis (Daily Time Frame) Gold declined again this week, with its price reaching as low as $2,536. In the previous analysis, we examined the continuation of the gold price decline. Now, after a significant correction, two scenarios are under consideration in the daily timeframe: Main Scenario: Consider selling positions from corrections below the $2,792.90 level, targeting $2,418.82–$2,304.21. Alternative Scenario: A breakout and stabilization above the $2,792.90 level would allow the asset to continue its rise to the $2,880.00–$3,000.00 levels. Gold Analysis (4-Hour Time Frame) The structure is entirely bearish, forming a downward trend. Main Scenario: If the price fails

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Technical Analysis of Global Gold Ounce – 11th to 15th nov

Technical Analysis of Global Gold Ounce – 11th to 15th nov

Global Gold Analysis (Daily Time Frame) After Donald Trump’s victory and with the strengthening of the US dollar and the rise in US bond yields, gold experienced its largest single-day loss of the year, dropping by 3%. Meanwhile, the Federal Reserve, as expected, lowered interest rates by 25 basis points and maintained a balanced outlook on inflation and employment risks. As mentioned in last week’s analysis, the 2792.90 level is crucial for gold to make a further rise, as a breakout of this level could lead to an increase toward the 2880.00–3000.00 range. Main Scenario: Consider sell positions from corrections below

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Technical Analysis of Global Gold Ounce - 4th to 8st nov

Technical Analysis of Global Gold Ounce – 4th to 8th nov

Global Gold Analysis (Daily Time Frame) In the past week, global gold prices entered a correction after reaching a historic peak of 2791, with a decline in price to 2731. Main Scenario: If the price remains below 2788.71, consider sell positions from corrections below this level with targets of 2602.03 – 2468.90. Alternative Scenario: The 2788.71 level is crucial in this scenario; a break and consolidation above this level would allow the price to rise to 2880.00 – 3000.00. Gold Analysis (4-Hour Time Frame) In the 4-hour time frame for gold, after hitting the OTE range, we expect a price increase.

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Technical Analysis of Global Gold Ounce - 28th oct to 1st nov

Technical Analysis of Global Gold Ounce – 28th oct to 1st nov

Global Gold Analysis (Daily Time Frame) Gold experienced significant growth last week, rising to the 2758 range. Despite geopolitical tensions and upcoming fundamentals suggesting a bullish outlook, we anticipate a correction and price decline this week. Given the strong upward trend in gold, if the support level of 2602 holds, we expect the upward trend to continue toward 2829. Main Scenario:Consider buying positions from corrections above the 2601.27 level, aiming for 2880.00 – 3000.00. Alternative Scenario:A break and stabilization below the 2601.27 level would allow the pair to continue declining to levels of 2468.90 – 2356.76. Gold Analysis (4-Hour Time Frame)

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XAU

Technical Analysis of Global Gold Ounce – 21th to 25th oct

Global Gold Analysis (Daily Time Frame) In the past week, gold continued its strong upward trend. With a full-bodied bullish candle closing on the weekly and daily charts, it has firmly established the case against sellers, reinforcing the continuation of gold’s rise toward new price highs. After breaking through the previous range high, gold has formed a new upward range, rising to the 2721 level. We anticipate a price correction into the depth of the breakout area (the Des flip zone on the chart), from which we will again enter buy positions. The green zones marked on the chart indicate valuable

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gold

Technical Analysis of Global Gold Ounce – 14th to 18th oct

Global Gold Analysis (Daily Time Frame) Global gold prices are showing an upward outlook, influenced by numerous factors including geopolitical conditions, interest rates, dollar strength, and global economic indicators. In the daily time frame, after reaching the 618 Fibonacci level and forming a bullish engulfing candle, there is a possibility of price increasing to the levels of 2674, 2685, and subsequently 2706, 2735. As long as the price remains above the 2604 level, the daily trend can be considered bullish. A break below this area may lead to a price drop to the range of 2574–2548. In the 4-hour time frame,

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gold

Technical Analysis of Global Gold Ounce – 7th to 11th oct

Global Gold Analysis (Daily Time Frame) Last week, the gold price faced severe fluctuations as tensions in the Middle East and U.S. employment reports drove prices towards both complete collapse and new historical highs. However, by the end of Friday, gold prices were nearly at the same level as at the start of the week, as upward and downward pressures neutralized each other. The non-farm payroll report increased U.S. Treasury yields and the dollar, indicating a gradual or moderate reduction in interest rates in the future. Typically, this is enough for a bearish forecast for gold prices, but considering the current

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Technical Analysis of Global Gold Ounce, sep 30th to oct 4th

Technical Analysis of Global Gold Ounce – sep 30th to oct 4th

Global Gold Analysis (Daily Time Frame) Gold is currently trading within a strong ascending channel in the daily time frame, approaching the upper boundary of the channel. If it breaks the resistance range between 2658 and 2686, it is expected to continue rising, reaching new all-time highs. The key “flip zones” around 2600 and 2570 present valuable buying opportunities for gold, targeting levels of 2777, 2761, and 2830. If the 2650 level breaks under certain conditions, traders can consider entering sell trades, targeting 2638, 2620, 2600, and 2570. Gold Analysis (4-Hour Time Frame) In the 4-hour time frame, gold is also

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xau-23-27-september

Technical Analysis of Global Gold Ounce, September 23th-27th

Global Gold Analysis (Daily Time Frame) Gold continued its strong upward trend in the past week, driven by the expectation of a decrease in U.S. interest rates, reaching new historical highs. In the daily time frame, gold is in a powerful ascending channel, approaching the upper boundary of that channel. With a breakout above the 2600 level and a bullish full-body candle closing, there is potential for further price increases toward resistance levels at 2658, 2705, and 2759. The price range of 2500-2528 is considered a valuable area for buying opportunities. Gold Analysis (4-Hour Time Frame) Gold is currently in an

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xau-16-20-september

Technical Analysis of Global Gold Ounce, September 16th-20th

Gold Technical Analysis – 4-Hour Timeframe In the 4-hour timeframe, global gold prices have been oscillating within an ascending channel and set a new historical high with a robust rally over the past week. Gold Technical Analysis – 1-Hour Timeframe In the 1-hour timeframe, gold has broken the upper boundary of the range upward with a change in structure and is now approaching the upper boundary of the 4-hour channel. Gold has grown precisely the width of the trading range, and buyers are in the process of taking profits on their positions. Gold Technical Analysis – 15-Minute Timeframe In the 15-minute

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