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 traded constantly based on the intra-day spot rate....
USDJPY analysis Time frame of 4 hours USDJPY can continue to fall by filling the 4-hour FVG
Sell on the theory markets ranges 70% of the time. Sell on the theory markets retraces HALF of the previous move 90% of the time. Wait for 30m LTF breakdown for confirmation.
World gold prices continued to decline sharply with spot gold down 42.7 USD to 2,378 USD/ounce. Gold futures last traded at 2,382.1 USD/ounce, down 43.7 USD compared to yesterday morning. The world precious metals market continues to be pressured by the policy stance of the US Federal Reserve (Fed) after the meeting minutes ended earlier this month. According to...
BUY on the theory markets ranges 70% of the time and BUY on the theory markets retraces HALF of the previous leg 90% of the time.
🏃♂️ USDJPY is moving in an Ascending Channel (in the Daily time frame ). 📈Regarding Classical Technical Analysis , USDJPY has succeeded in breaking the upper line of the Symmetrical Triangle Pattern . 🔔I expect USDJPY to continue its uptrend due to the breakout of the Symmetrical Triangle Pattern . 👑 Position : USDJPY Position: Long Entry...
We expect the euro to decrease against the dollar according to the chart
Gold prices fluctuated sharply when some US Federal Reserve (FED) policymakers recommended that the organization wait a few more months to ensure inflation really cools down, before starting to cut. interest rate. Reacting to this information, the USD increased in price compared to the Euro and many other currencies. Gold price today is in a disadvantageous...
Sell on the theory markets ranges 70% of the time. Sell on the theory markets retrace HALF of previous move 90% of the time. Breakout of 30m support confirms the trade.
After reaching 2,450 USD/ounce in the previous trading session, today's gold price on the international market has cooled down but not significantly. At 6 a.m. on May 22, the world gold price was trading at 2,422 USD/ounce, down 6 USD compared to the price at the same time the previous day which was 2,428 USD/ounce. Analysts say international gold prices cool...
World gold prices decreased with spot gold down 5.2 USD to 2,420.7 USD/ounce. Gold futures last traded at 2,425.2 USD/ounce, down 4.9 USD compared to yesterday morning. On May 21 (US time), gold was under profit-taking pressure after this precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level of...
World gold prices increased with spot gold increasing by 9.2 USD to 2,425.9 USD/ounce. Gold futures last traded at 2,430.3 USD/ounce, up 12.9 USD compared to yesterday morning. Although the price of the yellow metal inched up slightly compared to yesterday morning, it has dropped sharply compared to the increase during the day. Previously, gold had conquered a...
www.tradingview.com On the 1-hour chart (H1), XAUUSD is moving within a bullish falling wedge pattern that is set against the backdrop of an ascending channel. The price is currently challenging the upper boundary of the wedge and the resistance level at 2420. - On the upside: Should the price break above the 2422 resistance, the subsequent target is...
World gold prices skyrocketed as the level of inflation, and its series of impacts on US monetary policy, boosted demand for holding the precious metal. On the other hand, gold prices are also supported by increased reserves at the Central Bank of China. However, analysts at Kitco Metals believe that today's increase in gold prices mainly stems from risk...
The US dollar remained broadly stable today as market participants await additional indicators to determine US interest rate developments. This period of anticipation follows recent cautious comments from US Federal Reserve (Fed) officials and signs that inflation may be easing. The Japanese yen fell slightly at the start of the week, trading at 155.80 against...
World gold prices tend to increase with spot gold increasing by 2.3 USD compared to last week's closing level to 2,416.7 USD/ounce. Last week, world gold prices fluctuated strongly as the market continuously received important economic data along with statements from US Federal Reserve (Fed) officials. This precious metal started the trading week at 2,361.17...
I will be looking to take a sell trade from around the 1.91000 level expecting a trend continuation looking for price to fall into 1.86500 level over the next few weeks. From a technical perspective a long term trendline has been broken on the Daily / Weekly timeframe. The market is bearish on the monthly timeframe. A stop loss above 1.92000 would seem to be...
Hello traders, I have determined the formation target on the FX:EURAUD chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck