Indices and commodities
#GOLD
Short
Active
Gold H4 Rebounds from 4,690, Retesting EMA 34 for OANDA:XAUUSD by DomicChaina
TradingView
GOLD
Indices and commodities
Active
Current price
4648.65
USD
PNL
-0.55%
4648.65 USD
Stop Loss
12.29%
5191.54 USD
Take Profit
12.29%
4055.12 USD
Rationale
TradingView idea: Gold H4 Rebounds from 4,690, Retesting EMA 34 for OANDA:XAUUSD by DomicChaina
TradingView symbol: XAUUSD
Hello everyone,
After the previous sharp decline, gold is showing signs of recovery as it rebounds toward the 4,55x–4,62x zone. On the H4 timeframe, price is still below EMA 89 but has moved back up to retest EMA 34—indicating that short-term buying interest is returning, although the overall structure has not yet fully reversed.
A notable point is that this rebound is supported by recent news flow: spot gold in Asia this morning rose to around 4,587 USD/ounce, while the US session …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
The information published on this website and in the Invest Ideas bot is provided for informational purposes only and does not constitute individual investment advice, an offer, or a solicitation to buy or sell any financial instrument. Users make all financial and investment decisions at their own discretion and under their own responsibility. The administration and owners of the website and bot are not responsible for user-generated materials or for any losses arising from the use of the published information.