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Price Action: CFD Analysis GOLD
The CFD Analysis GOLD across these four distinct time frames is meticulously generated by our Dedicated AI System, a proprietary creation of the Frustrader Team. Any unauthorized copying, sharing, or posting of this content is strictly prohibited, unless explicit permission has been granted and proper attribution to the source is provided for the end-user.
Intraday
Daily
Weekly
Monthly
CFD Analysis GOLD
Intraday Session: Cold
The market sentiment for this currency pair appears to be Bullish today. Traders may consider initiating Long positions sooner the price surpasses the '2971.5'. The initial target level 2993.3 could be initially attained, coupled with the second target level 3007.2. Eventually, there is a chance for the price to advance further and reach 3029.1 before the trading day concludes.
Contrarily, breaking below the price '2971.5' could evidently signify a potential shift in sentiment, prompting traders to consider Short positions. In such a case, the price might retreat towards the first support level 2957.6 and potentially test 2935.8. A sharper decline towards 2921.9 is also possible before the end of today's trading session.
#Intraday #XAUUSD #CFD Analysis GOLD
Note: This part is being updated using Frustrader AI Integration. XAUUSD has no update for this session
CFD Analysis GOLD
Day Session: Late US
The prevailing market sentiment indicates a Bullish bias for this instrument today. Traders who expect upward movement may consider Long positions right after the price jumps above the '2926.7'. This breakthrough could lead to the attainment of the first target level 2947.4, coupled with the second target level 2961.3. Further push might even lead the price towards 2982.1 before the day gets over.
Oppositely, breaking lower the price '2926.7' could indicate a potential reversal, getting traders to consider Short positions. In this format, not only may the price fly towards the first support level 2912.8 , but it may also see 2892.1. A more substantial decline towards 2878.2 is also on the way to get the session over.
#Daily #XAUUSD #CFD Analysis GOLD
Note: This part is being updated using Frustrader AI Integration. XAUUSD has no update for this session
CFD Analysis GOLD
Week Session: Thursday
The market sentiment for this currency pair suggests a Bullish outlook today. Traders may consider taking Long positions sooner the price surpasses the '2900.4'. This confirmation could lead to the achievement of the first target 2942.0 before following the second target price 2972.0. Further upside potential exists, with the price possibly aiming for 3013.7 before the end of today's market session.
Nonetheless, if the price breaks below the '2900.4', it may indicate a potential shift in momentum, leading to a Short position. Traders should remain cautious as the price could decline towards the first support level 2870.4 and potentially test 2828.8. A sharper decline towards 2798.8 is also possible before the end of today's trading session.
#Weekly #XAUUSD #CFD Analysis GOLD
Note: This part is being updated using Frustrader AI Integration. XAUUSD has no update for this session
CFD Analysis GOLD
Month Session: 3rd Week
The prevailing market sentiment indicates a Bullish bias for this instrument today. Traders who expect upward movement may consider Long positions right after the price jumps above the '2862.6'. This breakthrough could lead to the attainment of the first target level 2953.0, coupled with the second target level 3046.6. Further push might even lead the price towards 3137.0 before the day gets over.
Oppositely, breaking lower the price '2862.6' could indicate a potential reversal, getting traders to consider Short positions. In this format, not only may the price fly towards the first support level 2769.0 , but it may also see 2678.6. A more substantial decline towards 2584.9 is also on the way to get the session over.
#Monthly #XAUUSD #CFD Analysis GOLD
