Gold has delivered impressive gains of over 18% so far in 2024, and June looks promising for investors. With finite supply and fluctuating demand, gold prices are sensitive to economic and geopolitical news. This video dives deep into the current market dynamics and what to expect in the coming month. In June, geopolitical unrest could significantly impact gold...
Gold has been falling all the way, with no rebound strength. It seems that gold bulls are still helpless. Every time gold rises, it can be suppressed by bears. Gold is still dominated by bears. Gold rebounds in the US market and continues to be short. Gold's 4-hour moving average continues to cross downward. The 4-hour big negative line of gold reverses the...
Today's gold prices are more and more obvious, but yesterday's retracement trend and today's repeated failure to pull up, the trend is still obviously weak, and the short trend of gold is relatively obvious. Although today's ADP data is bullish for gold, gold did not rise immediately after the data was released, but swept back and forth, so the power of gold bulls...
XAUUSD has been bullish as we see on the 1D and 4H time frame. A bullish break of structure is evident on the 4H chart. Im looking for a buy opportunity on the retrace. This info is for educational purposes and not financial advice.
Gold rebounded after a round of decline, but the high point of this rebound became lower again, and fell again when it reached around 2341. Although the ADP data just released was bullish for gold, gold is still in a weak and volatile state, and has not rebounded significantly. of rise. On the whole, gold is still in a downward trend, with lows moving downwards...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) came under renewed selling pressure on Tuesday and dropped to the $2,316-2,315 area, back closer to a multi-week low touched the previous day in the wake of a modest US Dollar (USD) strength. The attempted USD recovery from over a two-month low, however, lacked follow-through on the...
Last week, the US PCE data was in line with expectations, with the core PCE lower than expected. The US inflation cooled faster than market expectations, and the probability of the Fed cutting interest rates in September rose slightly to 51%. On Monday, the US ISM manufacturing PMI slowed for the second consecutive month, new goods orders hit a two-year low, and...
Greetings, Traders! Brief Description🖊️: Currently, on XAUUSD, I am observing bullish momentum entering the market. The price has retraced into discount prices of the impulsive leg, taking discount sell stops multiple times, which suggests order pairing. This occurs within discount prices, where the logic is to buy in discount prices and sell in premium...
Here on Gold price has break the resistance zone after the initial liquidity grap and has moved away from our Take profit 1 and return back so it posible to move more to reach a Take profit 2 . So going for LONG is needed and targeting profits should be the area make zone and stoploss should be around 2362.000 . Money management is neccssary
If you will see M30 Recent Mapping, it is still showing buy momentum, price can fall to 2332 are where the OB exist and gold will fly again from this area
For almost three weeks now, gold has been trading within a range between 2325 and 2355, with spikes in these zones being bought or sold. Yesterday, at the New York close, the price broke below horizontal support but reversed back above it during overnight trading. Although both dips below support proved to be false breaks, the overall structure remains...
Gold is moving near the Resistance zone($2,373-$2,353) , Resistance lines , Monthly Pivot Point , and Yearly Resistance(2) . According to Elliott's wave theory , Gold seems to be completing the Flat Correction(ABC/3-3-5) . I expect Gold to break the Support zone($2,337-$2,318) soon. Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to...
From a technical analysis perspective, gold closed below the key 50-day moving average on Tuesday, and the 14-day RSI returned to the negative zone below 50. If gold prices continue to fall below $2,315/oz, the downward trend may extend to the $2,300/oz level. On the upside, gold prices need to break through the 50-day moving average resistance level of $2,337/oz...
Just this morning, GOLD`s fee expanded via way of means of almost 20%, breaking the whole accumulation facet of the Sellers. Currently, as I see it, GOLD's subsequent response factor will maximum possibly react across the 238x Zone. As I additionally in reality advised all and sundry at the start of the week once I commented that so long as GOLD has a destroy thru...
The market is in a period of volatility and hesitation, and the MACD indicator is also flat, which can be understood as paving the way for Friday's data. It is still uncertain whether the data is good or bad for gold. Friends who currently hold 20, 25-30 long positions can consider taking profits at 2337-2340, which is today's pressure level; if they cannot...
XAU-USD is trading in an Uptrend and GOLD Is now retesting a Horizontal support level Of 2410 from where I will be expecting A local move up !
I am Expecting Bullish Move now in XAUUSD M15 in today ADP news
Yesterday on June 5, world prices increased to a high of 2,357 USD and reached 2,373 USD this morning, supported by the weakening of the USD and a decrease in US government bond yields after the latest data showed changes. The labor market is very hot. According to how high According to ADP, employers added 152,000 jobs in May, much lower than forecast and the...