TVS-Trader

TVS-Trader Oct 24, 2024

Fundamental Analysis Gold prices fell sharply from an all-time high of $2,758 on Wednesday as US Treasury yields rose, while the greenback hit a two-month high, according to the US Dollar Index (DXY). Risk appetite has deteriorated, prompting a flight to safe-haven currencies, but not assets such as the yellow metal. The yield on the US 10-year Treasury note has...

TVS-Trader Oct 21, 2024

🌐Fundamental Analysis The European Central Bank (ECB) cut its key interest rate by 25 basis points (bps) as expected after its October policy meeting. In its policy statement, the ECB noted that it will continue to pursue a data-dependent and meeting-by-meeting approach to determine the appropriate level and duration of policy accommodation. In her post-meeting...

TVS-Trader Oct 18, 2024

Fundamental Analysis Gold prices rose above $2,700, hitting a fresh record high on Friday amid expectations of interest rate cuts and an easing monetary policy environment from major central banks. Moreover, persistent geopolitical risks stemming from ongoing conflicts in the Middle East, coupled with uncertainty surrounding the US presidential election, appeared...

TVS-Trader Oct 16, 2024

Fundamental Analysis Gold prices traded in a positive bias for the second consecutive day and maintained intraday gains near the $2,675 region or a three-week high in the first half of the European session on Wednesday. Amid persistent geopolitical risks, disappointment over the lack of details on China’s fiscal stimulus dampened investor appetite for riskier...

TVS-Trader Oct 16, 2024

The Asian and European trading plan is focused around the resistance zone of 2660, the immediate support zone is around 2656. The important areas of interest after breaking out of the narrow range are focused around 2683 and 2637. Please pay attention to the price reaction around this area to have the best trading strategy today. The US session trading range will...

TVS-Trader Oct 15, 2024

Fundamental Analysis Gold prices found some support near the $2,638 region during the early European session on Tuesday and now appear to have halted its modest pullback from the more than one-week high reached the previous day. Persistent geopolitical risks and fears of a broader conflict in the Middle East turned out to be a major factor providing some support...

TVS-Trader Updated  Oct 15, 2024

Fundamental Analysis Gold prices rose for a third straight day on Monday, rising to $2,667, or above a one-week high, in early European trading on Monday. Expectations that the Federal Reserve will continue to cut interest rates amid a favorable inflation outlook were the main factor driving flows into the non-yielding yellow metal. In addition, escalating...

TVS-Trader Oct 14, 2024

Gold has reacted at the retest support zone and given a Buy signal after the Gap. Congratulations to those who have learned about price Gaps and buy signals. Gold prices may return to a strong uptrend after the retest at the beginning of the week. Today is a bank holiday for some important currency pairs, so the currency market may be gloomy and investors will...

TVS-Trader Oct 14, 2024

🌐Fundamental Analysis EUR/USD consolidated near 1.0930 in New York trading on Friday. The major currency traded sideways as the US Dollar (USD) remained flat despite the release of US Producer Price Index (PPI) data showing that producer inflation accelerated faster than expected in September compared to a year earlier. The US Dollar Index (DXY), which tracks the...

TVS-Trader Oct 11, 2024

Fundamental Analysis Gold prices eased from a three-day high and traded around $2,640 in early European trade on Friday, still up more than 0.40% on the day. A rise in US weekly jobless claims pointed to signs of weakness in the labour market and will allow the Federal Reserve (Fed) to cut interest rates further. This, in turn, triggered a slight decline in US...

TVS-Trader Oct 11, 2024

Hello traders. USDJPY is forming wave ABC with the expectation of rising above wave 5 to form a new wave. Our BUY signal is formed at 148.700 with SL Zone 148.300. Wish you successful trading.

TVS-Trader Oct 11, 2024

The price zone 2648 and 2658 are being watched at the moment to prevent gold price from increasing further. The Asian session is looking at this zone to execute SELL signals. Our target is being watched at the 2630 zone which was the breakout point in the last evening session.

TVS-Trader Updated  Oct 11, 2024

Fundamental Analysis Gold prices attracted some buyers on Thursday and now appear to have snapped a six-day losing streak to a near three-week low around the $2,605-2,604 region tested the previous day. However, the rally lacked bullish conviction and is likely to run out of steam amid growing bets that the Federal Reserve (Fed) will cut its benchmark interest...

TVS-Trader Oct 10, 2024

Hello traders. 2605-2623 becomes the first border zone of the port. These are two important session port zones. When the price comes, we can trade and consider exiting the order before CPI. Besides, the price zone 15-17 is also paying attention to scalping. Wish everyone a successful transaction.

TVS-Trader Oct 9, 2024

Fundamental Analysis Gold prices fell sharply on Tuesday following a strong US jobs report and news reports that Hezbollah backed calls for a ceasefire in the conflict between it and Israel. As a result, hints of a possible de-escalation of the Middle East conflict opened the door for traders to take profits. XAU/USD traded at $2,615, down more than 1%. This...

TVS-Trader Oct 8, 2024

Fundamental analysis Gold prices attracted some selling for the fifth consecutive day on Tuesday, falling to their lowest in more than a week, close to the $2,630 trading range support level in the first half of the European session. Friday’s upbeat US jobs report provides further evidence of a resilient labor market and forced investors to trim their bets on...

TVS-Trader Oct 8, 2024

Hello traders Scalping SELL GOLD at current price with trendline resistance and session port. TP expects to return to price zone in 2640. Gold has bounced strongly from 2634 and gold needs some correction to continue to increase. Wish you successful trading

TVS-Trader Oct 8, 2024

Hello traders BUY GBPJPY now 193.600 according to Elliot wave abc pattern and bullish strong candle appeared after the downtrend ended. SL point is placed below the port area and we have short SL long TP signal. Wish you successful trading