GOLD KING Signals 🤴♻️

25 сентября 2024 15:12

👑 Ideas For #XAUUSD / #GOLD
📈 The safe asset continues to be bullrun ↑
———————————————
GOLD updates highs to 2670. The strongest rally in recent times. Support of Chinese markets, escalation of the conflict in the Middle East increases the interest in the metal from the buyers...

Traders are waiting for tomorrow's news: Durable Goods Orders, GDP, Initial Jobless Claims & FED Chair Powell Speaks. People are waiting for the US GDP figures and Powell's comments. If there are contradictory hints about the US economy, the market may panic, profit-taking and correction, but with the escalation of the conflict in the Middle East, as well as a slight revival of the Chinese markets, the gold continues to feel support.
Technically, the price can continue to rise for a long time, but you have to be careful (I already said about the lack of any history on the chart). A correction to 0.5-0.7 Fibo is possible, which may be followed by a pullback and continuation of growth.

Resistance levels: 2664, 2675
Support levels: 2649, 2646, 2637, 2734

At the moment it is necessary to be very careful. This morning the deepest correction in the last 5 days was formed, if the market starts to panic and the price goes deeper to the support, in that case the price may reach 2635-2625-2615 before further upside. If the bulls hold 0.5 fibo, then we should consider a rise to 2664-2675.

GOLD KING Signals 🤴♻️

24 сентября 2024 11:45

🚨Close the order at the entry point (Breakeven)

GOLD KING Signals 🤴♻️

24 сентября 2024 11:21

👑 Ideas For #XAUUSD / #GOLD
📈 The safe asset continues to be bullrun ↑
———————————————
GOLD does not react properly to the growth of the dollar. The metal continues to renew highs and seeks upward. There is no resistance ahead and the geopolitical backdrop is blowing a favorable wind..

Gold is holding near an all-time high as buyers refuse to give up amid recent Fed comments, China's stimulus (China's Central Bank today announced an unprecedented blitz of support for the economy) and escalating geopolitical tensions in the Middle East.
- China is the world's top consumer of the yellow metal
- The gold price tends to benefit from geopolitical tensions due to its traditional safe-haven status.
- Also, the Fed will continue to hint at another 0.5% rate cut

Resistance levels: 2634, 2640
Support levels: 2623, 2614, 2602

The general background hints at an active continuation of the growth. If gold will consolidate above the maximum of the previous day, then in the mid (short) term we should consider the continuation of growth to 2650-2660-2675. It is not excluded that there may be a correction before further growth due to the approaching important news...

GOLD KING Signals 🤴♻️

24 сентября 2024 09:38

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GOLD KING Signals 🤴♻️

23 сентября 2024 17:49

#GOLD Buy📈 at 2630

StopLoss❗️: 2626

Scalp trading:
Take Profit 1️⃣: at 2635
Standart trading:
Take Profit 2️⃣: at 2645
Swing trading:
Take Profit 3️⃣: at 2658

GOLD KING Signals 🤴♻️

23 сентября 2024 12:02

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22 сентября 2024 21:28

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22 сентября 2024 21:28

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20 сентября 2024 17:57

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GOLD KING Signals 🤴♻️

20 сентября 2024 14:59

🚨Close the order at the entry point (Breakeven)

GOLD KING Signals 🤴♻️

19 сентября 2024 15:09

#GOLD Buy📈 at 2578

StopLoss❗️: 2574

Scalp trading:
Take Profit 1️⃣: at 2583
Standart trading:
Take Profit 2️⃣: at 2588
Swing trading:
Take Profit 3️⃣: at 2606

GOLD KING Signals 🤴♻️

19 сентября 2024 07:59

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19 сентября 2024 07:49

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19 сентября 2024 07:49

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GOLD KING Signals 🤴♻️

18 сентября 2024 16:10

#GOLD Buy📈 at 2574

StopLoss❗️: 2570

Scalp trading:
Take Profit 1️⃣: at 2580
Standart trading:
Take Profit 2️⃣: at 2588
Swing trading:
Take Profit 3️⃣: at 2606

GOLD KING Signals 🤴♻️

25 сентября 2024 11:48

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GOLD KING Signals 🤴♻️

24 сентября 2024 11:27

#GOLD Buy📈 at 2628

StopLoss❗️: 2624

Scalp trading:
Take Profit 1️⃣: at 2633
Standart trading:
Take Profit 2️⃣: at 2645
Swing trading:
Take Profit 3️⃣: at 2658

GOLD KING Signals 🤴♻️

24 сентября 2024 09:41

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GOLD KING Signals 🤴♻️

23 сентября 2024 17:56

🚨Close the order at the entry point (Breakeven)

GOLD KING Signals 🤴♻️

23 сентября 2024 14:21

👑 Ideas For #XAUUSD / #GOLD
📈 Testing the highs. News ahead. What's next?
———————————————
GOLD is getting shaken on the background of dollar growth on Monday. A false breakdown is forming relative to last week's high. The trend is bullish, but before the strong news there may be a minute of panic…

Yields on 10-year U.S. Treasury bonds are rising on the back of falling interest rates, boosting the U.S. dollar. This is an unpredictable scenario, because something is not going the way everyone was expecting. Further movement depends on the Euro and US PMI data. If the PMI will again cause fears of recession in the world, the recovery of the US dollar, will change the local structure of the markets, which will cause a new correction in the price of gold from record highs. Also the focus on the escalation of geopolitical tensions in the Middle East...

Resistance levels: 2625, 2631, 2650
Support levels: 2614, 2602, 2589

Technically, a correction may follow from 2625 as locally there are preconditions for panic on the background of approaching news. Traders may resort to profit taking, which will contribute to the correction. BUT, if gold continues its active recovery, a break of 2631 will open the potential for a rise to 2640-2650

GOLD KING Signals 🤴♻️

23 сентября 2024 11:13

#GOLD Sell📉 at 2616

StopLoss❗️: 2620

Scalp trading:
Take Profit 1️⃣: at 2612
Standart trading:
Take Profit 2️⃣: at 2602
Swing trading:
Take Profit 3️⃣: at 2580

GOLD KING Signals 🤴♻️

22 сентября 2024 21:28

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GOLD KING Signals 🤴♻️

20 сентября 2024 18:22

🚨Move the StopLoss to the Entry point (To the breakeven point)

GOLD KING Signals 🤴♻️

20 сентября 2024 17:44

#GOLD Buy📈 at 2616

StopLoss❗️: 2612

Scalp trading:
Take Profit 1️⃣: at 2622
Standart trading:
Take Profit 2️⃣: at 2638
Swing trading:
Take Profit 3️⃣: at 2653

GOLD KING Signals 🤴♻️

20 сентября 2024 14:51

#GOLD Buy📈 at 2616

StopLoss❗️: 2612

Scalp trading:
Take Profit 1️⃣: at 2620
Standart trading:
Take Profit 2️⃣: at 2638
Swing trading:
Take Profit 3️⃣: at 2653

GOLD KING Signals 🤴♻️

19 сентября 2024 12:11

👑 Ideas For #XAUUSD / #GOLD
📈 The shakeup after the rate cuts... What's next?
———————————————
GOLD updates high to 2600 and then experiences a shakeout. Traders held the 2550 area and are currently trying to recover losses by testing the upper end of the range…

The Fed announced a 0.5% rate cut, bringing the interest rate to a range of 4.75%-5.0%. Why 0.5 and not 0.25? The Fed chief said that 0.25 poses threats to the economy that can no longer be allowed to...
The gold price failed to capitalize on the sharp Fed rate cut, updating the ATH to 2600 the price headed down to the 2560 - 2550 liquidity zones. Traders are waiting for data on jobless claims and existing home sales to assess the state of the economy as a whole, the news may set the course for a correction or strengthen the general background, which will affect further growth
Technically, the price approached the resistance rather quickly, which increases the chances of a bounce or a false breakout. The focus is on 2588- 2585. If the bears hold this area, the price may decline to the area of interest before rising.

Resistance levels: 2585, 2588, 2600
Support levels: 2566, 2559, 2550

The overall bullish market structure is clearly visible on D1. Traders, after the rate cuts, need to take a breath and wait for additional confirming signs.... For today, the focus is on the trading range indicated on the chart...
———————————————

GOLD KING Signals 🤴♻️

19 сентября 2024 07:59

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19 сентября 2024 07:49

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19 сентября 2024 07:48

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18 сентября 2024 13:35

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