XAU/USD - Gold Weekly Analysis(4th Nov 2024 to 8th Nov 2024) Weekly recap: To recap last week, our main focus on Gold was during the second half of the week with United States data such as NFP, Core PCE, and Unemployment rate. Gold during the first half of the week has rallied to new ATHs at 2788 KL. On an economic standpoint, we had US JOLTs Jobs come out below...
XAU/USD - Gold Weekly Analysis(21st October 2024 to 25th October 2024) Weekly Recap: Last week was dull in terms of major data releases but interesting PA throughout the second half of the week. Gold opened around 2656, ranged all Monday to Tuesday morning between 2666 and 2640 demand zone before starting to rise steadily throughout NY Tuesday session. Second...
XAU/USD - Gold Weekly Analysis(14th October 2024 to 18th October 2024) Weekly recap: Last week we saw gold towards the start of the week begin in a secondary phase of MS which was conveniently a PB where we could take advantage of for scalps / day trades. Price has ran 200+ pips below 2631 KL before stalling out near the 2605s. We saw buyers come back into the...
***XAU/USD - Gold Weekly Analysis(7th October 2024 to 11th October 2024)*** ***Weekly recap:*** Last week as we start the month of October, we saw gold price has been trapped in a range all week with aggressive downside and upside moves with large wicks. Unfortunately we are still trapped in the same HTF range with no breaks higher or lower. Monday down to 2630s...
***XAU/USD - Gold Weekly Analysis(7th October 2024 to 11th October 2024)*** ***Weekly recap:*** Last week as we start the month of October, we saw gold price has been trapped in a range all week with aggressive downside and upside moves with large wicks. Unfortunately we are still trapped in the same HTF range with no breaks higher or lower. Monday down to 2630s...
***XAU/USD - Gold Weekly Analysis(7th October 2024 to 11th October 2024)*** ***Weekly recap:*** Last week as we start the month of October, we saw gold price has been trapped in a range all week with aggressive downside and upside moves with large wicks. Unfortunately we are still trapped in the same HTF range with no breaks higher or lower. Monday down to 2630s...