⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices rise near $2,360 amid increasing Middle East tensions, benefiting precious metals. This week's focus is on the US CPI, PPI, and Retail Sales, potentially revealing economic and inflation trends. Last week, several Federal Reserve officials delivered hawkish messages; Atlanta Fed's Raphael...
Hello dear traders! Overall, XAUUSD experienced impressive volatility yesterday with gains surpassing the $2350 level and reaching $2360. However, not long ago the price approached $2,380 after which it encountered selling pressure and corrected. But! At the same time a round bottom pattern that looks similar to a cup and handle pattern is gradually forming,...
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the strong resistance level which is 38.2% fibo retracment level as well. The market is currently consolidating following the bullish move. We anticipate a 38.2% pullback to the support level and a trend continuation potentially making new...
Hey Traders, in tomorrow's trading session we are monitoring XAUUSD for a buying opportunity around 2325 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2325 support and resistance area. Trade safe, Joe.
Gold technical analysis Daily resistance is 2361/2400, support below is 2327/2319 Four-hour resistance is 2365/2370, support below is 2340/2327 Gold operation suggestions: The current strong dividing line for bulls is at 2330. This position will also be related to the long-short conversion in the later period. For now, the long-short situation is unclear and in a...
At the close of trading on May 10th, the spot gold price rose by $15 USD to reach $2,360 USD. At one point during the session, the price reached $2,375 USD. For the entire week, the precious metal saw a 2.5% increase, marking its strongest weekly gain since early April. Gold surged after the May 9th report indicated weakening conditions in the US labor market,...
old is a timeless asset that has held a significant place in the world of finance for centuries. Its allure as a safe haven investment during times of economic uncertainty and its intrinsic value make it a popular choice among investors. When considering a long position in gold, traders often look for confirmation from key technical indicators within specific...
Hello traders. Taking a look at the hourly chart, I have marked where I sold from last night...I am up 143 pips thus far.. Securing profit as of this writing, moving my SL to my entry point and leaving a runner running. Very thankful to Big G. Let's see how things play out over the next few hours. NY volume could correct this move down, or continue the bearish...
💥 GOLD information World gold prices decreased with spot gold down 27.2 USD to 2,335.7 USD/ounce. Gold futures last traded at 2,342.2 USD/ounce, down 32.8 USD compared to yesterday morning. Short-term futures traders rushed to book profits after recent gains put pressure on the yellow metal in early trading of the week. Meanwhile, the market is still waiting for...
FX:XAUUSD is testing 2378. For two weeks traders fought for the 2300 area and the bulls won. Favorable fundamental background and technical prerequisites played into our hands. Earlier we discussed with you the formation of the correction and the formation of the bullish pattern "descending wedge". The breakout of the resistance of the wedge confirmed the end...
We have identified the purchasing area, which is considered strong support, and it is possible to buy from an area. We believe that the best areas to buy are 2323 & 2303.
The CHoCH I was aiming for last week at $2,348 has now been reached. So I'm long gold. Here's an interesting setup on which I'd go long: ✅ Back in the OTE zone ✅ Order Block in H1 ✅ Target $2402! So I'll be keeping an eye on the $2,338 zone for potential buying at the start of the week! Feel free to subscribe and boost this post if you enjoyed my analysis,...
Gold (XAUUSD) is being rejected since Friday right at the top of the emerging Channel Down and that is a Lower High. Even though Gold has officially started a new long-term Bull Cycle, it doesn't mean that the market won't deliver medium-term corrections that are technically much needed in order to get the trend going. Quite the contrary, the current Bullish...
We had an upward trend in 4h and it has just broken it, so we hope that during the night it will stay in that area that is found. On the other hand in Diario we have an upward trend and the area below of purchase would be its regression to have a high probability of buying.
Donald Nguyen welcomes everyone! Let's summarize and strategize our new day! Gold price today touched 2356 USD and decreased 0.18% during the day. On impact news: Last week, the yellow metal posted modest gains as expectations that the US Federal Reserve (Fed) would loosen policy this year increased following weak economic data. . It is expected that this week...
Intro - This is Binary Forecasting Service's CONTINUOUS GOLD FORECAST featuring 16 to 20 hours a day around-the-clock coverage of FX_IDC: XAUUSD ticker, with two of top three outcomes highly detailed in proprietary trend maps from Sunday open through all of Tuesday. This data must be used with continuous updates to remain relevant until it is replaced. Using...
hello guys im here with a new gold analysis . the price perfectly moved according my last forecast +200 pips profit done . as i told you in h1 h4 market made a descending channel . gold reacted to the trend line and fell done . in h1 h4 d1 gold is above ma200 we have 2 important support area 2326-2328 and 2310 i think we have a reaction to these level i...
Gold Prices Dip Ahead of Crucial US Inflation Data Gold prices edged lower on Monday, with investors positioning themselves cautiously as they await upcoming U.S. inflation reports. These reports are expected to provide further insights into the Federal Reserve's potential timing for its initial rate cut. The U.S. producer price index (PPI) data is scheduled for...