empty
05.05.2025 08:23 AM
Technical Analysis of Intraday Price Movement of Gold Commodity Instrument, Monday May 05, 2025.

This image is no longer relevant

With the appearance of the Failing Wedge pattern on the 4-hour chart, it gives an indication that in the near future it has the potential to go to the level of 3297.43 and if the momentum and volatility support it, Gold will continue to strengthen again to the level of 3343.81, but if on its way to these levels, there is suddenly a weakening correction that breaks through and closes below the level of 3201.44, then all the strengthening scenarios that have been described earlier will be invalid and automatically canceled by themselves.

(Disclaimer)

Recommended Stories

Trading Signals for Gold (XAU/USD) for August 28-31, 2025: sell below 3,409 (21 SMA - 7/8 Murray)

Early in the American session, gold is trading around 3,409, above the 6/8 Murray level, with the possibility of a continuation of the bullish move that could reach the 7/8

Dimitrios Zappas 17:42 2025-08-28 UTC+2

Trading Signals for BITCOIN for August 28-31, 2025: buy above $111,300 (4/8 Murray - 21 SMA)

We will look for opportunities to buy Bitcoin above $111,335 and sell below $114,600 in the coming hours. This price range is likely to remain in the next few days

Dimitrios Zappas 17:39 2025-08-28 UTC+2

Trading Signals for EUR/USD for August 28-30, 2025: sell below 1.1700 (200 EMA - 6/8 Murray)

The euro, having found good support around the Murray 6/8 level at 115.090, has gained upward momentum, and from that level, we see a slight recovery. However, according

Dimitrios Zappas 17:36 2025-08-28 UTC+2

Forecast for EUR/USD on August 28, 2025

On Wednesday, the EUR/USD pair fell to the 50.0% retracement level at 1.1590, then turned in favor of the euro and returned to the resistance zone of 1.1637–1.1645. A rebound

Samir Klishi 11:17 2025-08-28 UTC+2

Forecast for GBP/USD on August 28, 2025

On the hourly chart, the GBP/USD pair on Wednesday fell to the support zone of 1.3416–1.3425 after rebounding from the 1.3482 level, turned in favor of the pound, and rose

Samir Klishi 11:08 2025-08-28 UTC+2

GBP/USD. Indicator analysis on August 28, 2025

On Wednesday, the pair moved downward, tested the 61.8% retracement level at 1.3415 (red dotted line), and then turned upward, closing the daily candle at 1.3494. Today, the price

Stefan Doll 10:40 2025-08-28 UTC+2

Forex forecast 28/08/2025: EUR/USD, GBP/USD, USD/CHF, SP500 and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:32 2025-08-28 UTC+2

EUR/USD. Indicator analysis on August 28, 2025

On Wednesday, the pair moved downward, tested the support line at 1.1584 (blue bold line), and then turned upward, closing the daily candle at 1.1637. Today, the price may continue

Stefan Doll 10:31 2025-08-28 UTC+2

The Nasdaq 100 Index, which is still bullish, has the potential to reach its nearest resistance level. Thursday, August 28, 2025.

[Nasdaq 100 Index] – [Thursday, August 28, 2025] The Nasdaq 100 Index is in bullish condition today, as confirmed by the RSI at the Neutral Bullish level, and 50(EMA)

Arief Makmur 07:57 2025-08-28 UTC+2

As long as gold does not fall below 3364.32, the bullish bias remains solid. Thursday, August 28, 2025.

[Gold] – [Thursday, August 28, 2025] The Golden Cross of the EMA(50) above the EMA(200) and the RSI indicator in the Neutral-Bullish zone indicate that gold has the potential

Arief Makmur 07:57 2025-08-28 UTC+2
Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.