Jump to content

🔥Gold Analysis Update: Stay Ahead of the Trends!✅


Ronald Ray

Recommended Posts

Hey everyone,

I wanted to give you a quick update on the latest movement in the gold market, especially for those who caught yesterday's analysis. It seems like our predictions were right on the money, quite literally! 📈

k98uTDBsNoZX3nlhoFz0WVAwOHTxwk1OkmulvZzXviL7nFHGe1VAwAzRyV48HnGZ205H1gSeQIwpWDwixOwriWW2mypf9Tp3uiolE7P_Ree4AlytbKa4zekppRtJCLvx77a84akY6oMOBzfF4f1bxAw

Gold Technical Analysis: Taking a look at the daily chart, gold hit a new all-time high of $2222.70 per ounce yesterday before retracing back, forming a significant upper shadow in the daily candle. This indicates a potential top and hints at a downward movement in the near future.

Moving to the four-hour chart, we observed a sharp increase in gold prices early Thursday morning, spurred by interest rate decisions and Powell's speech. However, the gains were short-lived as gold retraced later in the day. Currently, indicators like the upper Bollinger Band turning downwards, the bearish crossover in the KDJ indicator, and decreasing red bars in the MACD histogram suggest a bearish bias in the overall trend.

If you're looking to stay ahead of the curve and make informed trading decisions, consider following me. We provide real-time updates and analysis to help you navigate the markets effectively.

👍 Like and comment below if you found this update helpful or if you have any insights to share! Let's keep the discussion going. 🚀

Trade With A Lightning Fast Platform - AssetsFX

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Signup now to Monetize.info Community

    Welcome to the Most Helpful and Friendly Monetization Community!

    Join To Discover the Best Ways to Start, Grow, and Monetize Your Online Business.

×
×
  • Create New...