The Federal Reserve's monetary policy is hawkish, and some officials even stated that they can continue to raise interest rates if inflation rises, causing a large-scale withdrawal of market interest rate cut expectations. Gold has plummeted all the way, and the current lowest has reached around 2355.Although gold has rebounded in the short term, the overall...
Gold continues to fall sharply today. In recent days, we have basically maintained a short trading rhythm, so the profits we have made recently are still very good. Today we shorted gold near the 2368 position and successfully hit TP: 2357; just now we went long gold near the 2342 position and successfully hit TP: 2350 during the rebound of gold. Today, both the...
Hi fellow traders, XAUSD will be ready to make a move higher from the blue box after it completes the correction. Target the 2441.44 level. Good luck and trade safe!
Today we have made very good profits in both long and short gold transactions. First of all, we went long gold near the 2412 position today. Gold successfully hit TP: 2423 during the short-term rebound;When gold hit resistance near the 2434 position, we then shorted gold near the 2432 position and once again successfully hit TP: 2420. In today's transaction, I...
Today we went long gold near the 2412 position and successfully hit TP: 2423. It was still a good trading profit. At present, gold has rebounded strongly to above 2430. The bulls have regained control of the situation. How much more can gold rise? Do we still want to continue chasing gold? There may be many people who have this question, and many people have...
Gold has been rising all the way to new highs. After gold hit a high near 2450, it encountered resistance and fell back. The strength of the rise has weakened. In the short-term trend, the top shock has obviously narrowed. In the short-term, it may re-choose its direction. Moreover, the technical level deviates from the technical indicators, and gold has a need...
Gold was sold near 2193. tp2181. sl2202 TVC:GOLD MCX:GOLD1! OANDA:XAUUSD
News: The United Nations Security Council passed a resolution clearly calling for an immediate ceasefire in Gaza and the release of all hostages. Demands an immediate ceasefire during the Muslim fasting month of Ramadan, which ends in two weeks, and the release of all hostages held by Hamas in an attack on southern Israel on October 7 last year. The deadline ends...
Gold prices fell amid falling US government bond yields and a strong USD. The 10-year US government bond achieved a yield of 4.4% and decreased nearly 4 basis points compared to the opening level. The USD index (DXY), which tracks the movement of the USD against 6 other currencies, is currently down 0.03% to 105.00 and is struggling here. The US Bureau of Labor...
After gold's short-term rebound to 2348 today, the rise has stalled again. So does gold still have the potential and willingness to go up? In fact, judging from the current market, I personally prefer to be bearish on gold. And I have also shorted gold above the 2346 position. As far as the recent structure of gold is concerned, although gold has recently hit...
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's...
Today, the overall gold market is in a volatile market. Gold fell and touched near 2310 multiple times before rebounding. It touched near 2323 again and then fell back again. Gold is currently trading near 2313. Today we successfully captured the profit from gold's rebound in trading. We went long gold in the 2314-2312 area and successfully hit TP: 2322....
Gold fell back from around 2330 today and is currently oscillating within a narrow range around the 2312-2315 area. In fact, it is still quite difficult to trade gold today. It is relatively ideal to participate in shorting gold near the 2330 position, but we cannot aggressively chase short gold during the decline. Therefore, if we did not short gold near the 2330...
Today we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long...
Today officially starts a new week of trading journey. Today, gold rebounded again after testing near 2391, reaching a maximum near 2324. During the rebound, gold strongly broke through the 2310-2315 resistance area, and more importantly, it broke through the 2320 position, the NFP market high last Friday, and the short-term trend of gold turned from weak to...
Today is Sunday, and tomorrow we will start a new week of trading. Let’s first summarize this week’s trading results. This week we participated in a total of 20 market transactions, 18 of which ended in profit, and the remaining 2 transactions ended in loss, with a winning rate of exactly 90%. Our overall trading profit is very good. I personally made a profit of ...
During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. The next morning I adjust the...
The trend of gold today is particularly cautious. It has basically been oscillating in a narrow range around the 2300 position and is waiting for guidance from NFP data. As for how to view the NFP market, I have shared my detailed views in my previous article. In general terms, I am still bearish on gold, and I tend to be short on gold in my trading. Judging...