$黃金/美元(XAUUSD.CFD)$ Gold possible < 2180 first before > 2500. 25/May/24. XAUUSD possible forming a BIG base with deep footing (double three pattern) before rally. Price could reach 2180 +/- which is confluence a zone of : 1) Fibo extension 1.618 from wave W to Y (yellow circled) 2) Bullish Harmonic Pattern 3) 233 EMA (white) 4) Lower Support Trendline (blue) of wedge/ending diagonal pattern.
$黃金/美元(XAUUSD.CFD)$ That Fed speech last night threw a curveball . Seems like they still think US interest rates are on the low side , which is why gold didnt dip as much as we expected 2320-2316 zone we were eyeing .👀 At least gold respected that resistance level of 2346-2340 I mentioned in the comments section on yesterday , small victory ! 🎊🎉 The market can be unpredictable , so keep those stop-loss orders in place and adjust them as needed . Let's see what happens next ! 🫶🏻 HAPPY HOLIDAYS !...
$黃金/美元(XAUUSD.CFD)$ Waiting for a clear confirmation before jumping in . Need to see a candle body break below that green line to be confident about a gold dip . Right now, it looks like gold is just consolidating .
$黃金/美元(XAUUSD.CFD)$ Fed member Waller is giving a speech at 9:35 pm (Malaysia time). Anything he says about rate cuts sentiment , the market can get sensitive to that .
$黃金/美元(XAUUSD.CFD)$ Gold long to 2500 +/-? 24/May/24. XAUUSD probably reached wave (B)(Green) and price may surging up to 2500 +/- as "roller coaster" sentiment from uncertain rate cut by Sept by The FED..
$黃金/美元(XAUUSD.CFD)$ Eyeing this area as potential resistance for a gold dip , Lets see how it plays out in this zone . Notes: Be cautious and manage your money wisely the market can be unpredictable!
$黃金/美元(XAUUSD.CFD)$ Gold are taking a beating for a third day in a row . Those Fed minutes spooked everyone with talk about raising rates to fight inflation . This could send gold down to the 2320.00-2316.00 range to test support . 👀 But hold on , before we hit the sell button , lets see if there any resistance or a clear downtrend forming . Honestly , I think gold could still go bullish if the Fed chills out maybe next week or even later this week . Just my thoughts !🫶🏻
$黃金/美元(XAUUSD.CFD)$ I might be wrong about gold. It doesnt seem ready to shoot up just yet . Looks like it might dip down to 2320.00 first . The market can be tricky sometimes🥹
黃金/美元討論區
Gold possible < 2180 first before > 2500. 25/May/24. XAUUSD possible forming a BIG base with deep footing (double three pattern) before rally. Price could reach 2180 +/- which is confluence a zone of : 1) Fibo extension 1.618 from wave W to Y (yellow circled) 2) Bullish Harmonic Pattern 3) 233 EMA (white) 4) Lower Support Trendline (blue) of wedge/ending diagonal pattern.
That Fed speech last night threw a curveball . Seems like they still think US interest rates are on the low side , which is why gold didnt dip as much as we expected 2320-2316 zone we were eyeing .👀
At least gold respected that resistance level of 2346-2340 I mentioned in the comments section on yesterday , small victory ! 🎊🎉
The market can be unpredictable , so keep those stop-loss orders in place and adjust them as needed . Let's see what happens next ! 🫶🏻
HAPPY HOLIDAYS !...
Waiting for a clear confirmation before jumping in . Need to see a candle body break below that green line to be confident about a gold dip .
Right now, it looks like gold is just consolidating .
Fed member Waller is giving a speech at 9:35 pm (Malaysia time). Anything he says about rate cuts sentiment , the market can get sensitive to that .
Gold long to 2500 +/-? 24/May/24. XAUUSD probably reached wave (B)(Green) and price may surging up to 2500 +/- as "roller coaster" sentiment from uncertain rate cut by Sept by The FED..
Eyeing this area as potential resistance for a gold dip , Lets see how it plays out in this zone .
Notes: Be cautious and manage your money wisely the market can be unpredictable!
Gold are taking a beating for a third day in a row . Those Fed minutes spooked everyone with talk about raising rates to fight inflation . This could send gold down to the 2320.00-2316.00 range to test support . 👀
But hold on , before we hit the sell button , lets see if there any resistance or a clear downtrend forming .
Honestly , I think gold could still go bullish if the Fed chills out maybe next week or even later this week .
Just my thoughts !🫶🏻
I might be wrong about gold. It doesnt seem ready to shoot up just yet . Looks like it might dip down to 2320.00 first . The market can be tricky sometimes🥹
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