🔺Related Information: (XAU/USD)
Gold (XAU/USD) gives back its slight intraday advances and slips toward the bottom of its daily trading range ahead of Tuesday’s European session, although it continues to stay above the key $5,000 psychological threshold. There are limited indications that the US–Israeli conflict with Iran may be nearing a resolution, even as tensions intensify between Israel and Hezbollah in Lebanon. Notably, the Israeli military has announced an expansion of its ground operations in southern Lebanon, a region widely regarded as a stronghold of the Hezbollah group. This ongoing instability sustains geopolitical uncertainty and remains an important factor underpinning demand for the safe-haven precious metal.
🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜
📌 Chart analysis:
🔗 Short-term timeframes: M15, M45, H1
Gold prices are currently stuck within the H1 range: around 4970 - 5030.
Formation of an upward recovery trend line on the H1 timeframe.
Trading volume on the M15 timeframe is predominantly selling.
🔗 Medium-term timeframes: H2, H4
Gold prices have returned to around 5010, below the H4 EMA moving average.
Key zones:
🔗 Supply zone (resistance): 5068, 5112
🔗 Demand zone (support): 4970
🔗 Three EMA moving averages; technical indicators: stochastic, volume
set up signal : 🔗 SELL XAU 5068 - 5073 stoploss: 5078
Take profit : 5045 - 5022 - 4990
🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜
✏️ Personal opinion:
The recovery - buyers are recovering, with increasing buying volume heading towards 5070 in the short term.
📥 Follow us for the most accurate gold price trends.
Gold (XAU/USD) gives back its slight intraday advances and slips toward the bottom of its daily trading range ahead of Tuesday’s European session, although it continues to stay above the key $5,000 psychological threshold. There are limited indications that the US–Israeli conflict with Iran may be nearing a resolution, even as tensions intensify between Israel and Hezbollah in Lebanon. Notably, the Israeli military has announced an expansion of its ground operations in southern Lebanon, a region widely regarded as a stronghold of the Hezbollah group. This ongoing instability sustains geopolitical uncertainty and remains an important factor underpinning demand for the safe-haven precious metal.
🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜
📌 Chart analysis:
🔗 Short-term timeframes: M15, M45, H1
Gold prices are currently stuck within the H1 range: around 4970 - 5030.
Formation of an upward recovery trend line on the H1 timeframe.
Trading volume on the M15 timeframe is predominantly selling.
🔗 Medium-term timeframes: H2, H4
Gold prices have returned to around 5010, below the H4 EMA moving average.
Key zones:
🔗 Supply zone (resistance): 5068, 5112
🔗 Demand zone (support): 4970
🔗 Three EMA moving averages; technical indicators: stochastic, volume
set up signal : 🔗 SELL XAU 5068 - 5073 stoploss: 5078
Take profit : 5045 - 5022 - 4990
🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜
✏️ Personal opinion:
The recovery - buyers are recovering, with increasing buying volume heading towards 5070 in the short term.
📥 Follow us for the most accurate gold price trends.
Trade attivo
Accumulating liquidity around 4973 and rebounding again. Moving sideways.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.