Upon reviewing the gold chart on a 15-minute timeframe, we observe that the price is currently trading around $2423. It is likely that in the initial movement, we will see an increase to the range of $2428.5 to $2433. Following that, once the price enters the specified range, we may witness another drop in gold prices. All the important levels for trading have...
Upon reviewing the EUR/USD chart on the 4-hour timeframe, we observe that the price, after accumulating liquidity above 1.08860, underwent a correction. Currently, the price is re-entering the Bearish Order Block ahead and we are still witnessing an IMBALANCE or FVG prior to the specified order block. This fact significantly increases the importance of this order...
Hello Traders ! On Wednesday 15 May, The USDCAD Reached a Strong Support Level (1.35898 - 1.36168) and Failed to Break it. The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken! So, I Predict a Bullish Move📈 --------------- TARGET: 1.36780🎯
EURUSD is bullish on its 1D technical outlook (RSI = 61.508, MACD = 0.003, ADX = 33.468) but is on the 4th day of descend, which is a natural reaction as it almost hit the top of the 5-month Channel Down. In the meantime the 1D RSI almost hit the top of its own 5-month Rectangle. We are still on the ideal level to short. Our Target is intact just over the 1.236...
Gold prices have risen to a new all-time high, hitting $2,440 in the morning and $2,450 in the afternoon Vietnam time due to shelter demand as geopolitical tensions increase. According to Reuters, the reason is that Iranian President, Ebrahim Raisi, and other high-ranking Iranian politicians were killed in a helicopter crash in the North of the country over the...
World gold charges accelerated as buyers sought a secure haven because of accelerated hazard aversion while Iranian President Ebrahim Raisi, the country`s overseas minister and others died in an accident. Helicopter. Last week, records confirmed symptoms and symptoms of patron inflation withinside the US and retail income slowing, giving the Fed extra time to...
XAU is gaining momentum amid geopolitical tensions that are expected to escalate after Iranian President Ebrahim Raisi died in a helicopter crash. Last week, data showed signs of consumer inflation in the US and retail sales slowing, giving the Fed more time to start easing monetary policy. Experts say that gold prices may continue to reach new records in the...
💹 Let's kick off our trading week by analyzing the popular EURCAD pair. 🔎 Higher Time Frames Analysis: In our daily and weekly time frames, we observe that EURCAD has been ranging between 1.42435 and 1.50374, which is logical given the current policies between the European Union and the Canadian government. 📊 Previous Analysis Recap: In our last month's...
Hello traders ,what do you think about GOLD? After breaking its trend line, gold has now reached the resistance zone of 2400. It is expected to grow at least up to the specified level after the pullback to the broken trend line. If this post was useful to you, do not forget to like and comment.❤️
EUR/NZD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it,...
The world price of XAU last week increased beyond 2,400 USD in the context of many price increasing catalysts An important catalyst driving gold prices up is the recent Consumer Price Index (CPI) report, which showed that inflation decreased slightly in April, lower than economists' forecasts. The data fueled market optimism that the US Federal Reserve (Fed) could...
SOYBN/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of interest. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. WTICO/USD Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within...
The global rate of gold ultimate week accelerated past 2,four hundred USD withinside the context of many rate growing catalysts An critical catalyst riding gold fees up is the latest Consumer Price Index (CPI) report, which confirmed that inflation reduced barely in April, decrease than economists` forecasts. The statistics fueled marketplace optimism that...
Gold has just set a new all-time high, as investor demand across the entire market skyrocketed due to growing confidence that the US will cut interest rates this year. Gold bullion increased 1.1%, reaching $2,440.59/oz early in the Asian session, surpassing the previous record set in April. This price increase is said to be due to traders becoming increasingly...
📌After strong gains on Wednesday, EUR/USD struggled to maintain upward momentum and closed slightly lower on Thursday. The pair rebounded on Thursday with USD weakness following the news. Unemployment claims announced. Up to now this pair has remained relatively calm, holding around the 1.0870 level. 📌The ECB is weighing the extent of interest rate cuts after the...
World gold prices (XAU/USD) skyrocketed this morning, reaching 2,440 USD/ounce before retreating again at around 08:10 Vietnam time. In the absence of information at the beginning of the week and expectations that were almost completely reflected last week, gold prices seem to be reacting with some new momentum. Kitco News' latest weekly gold survey results show...
World gold prices (XAU/USD) soared yesterday, reaching 2,440 USD in the morning session, then had another increase, reaching a new high again at 2,450 USD in the afternoon session and holding near this mark before when it fell sharply after the somewhat hawkish speech of Fed officials in the evening session. Kitco Metals experts said that the news that Iranian...
Over the identical period, CPI accelerated via way of means of 3.4%, matching forecasts. This is high quality information for americaA Federal Reserve (Fed). Cooling inflation will assist the Fed quickly make a choice to decrease hobby costs, to aid americaA economic system, that's displaying greater symptoms and symptoms of slowing down. Cooling inflation can...