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XAUUSD NFP DAY ANALYSIS 7-6-24: Spot Gold Prices and Market Movements Current Trends: Spot gold prices have surged to $2,387, indicating hawkish market movements. However, with the opening of the UK session, a retracement to a low of $2,340.92 has already been observed. Upcoming Data: Looking ahead, the release of the Non-Farm Payroll (NFP) data on June 7, 2024,...

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📌Market Sentiment and Expectations:💹 🔵Federal Reserve Rate Hikes: Markets have lowered their expectations for more than one Fed interest rate hike this year, influenced by persistent inflation and recent hawkish statements from the Fed. The CME Fed Watch Tool indicates a 50% probability that the Fed will hold rates in September, with a 64% chance of a rate cut in...

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Buy at :$2320-$2335🔺 Sell at" $2360-$2375🔻 The price of gold hovers close to $2,330, maintaining its position following a marginal decrease on Thursday. The momentum of the US Dollar shows signs of diminishing, lending support to the downside of gold. Market participants are keeping an eye on forthcoming US economic indicators and speeches from the Federal...

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📌📊XAUUSD SPOT GOLD : 4-6-24📊 Gold Prices decline on Friday continue to plummeted to $2314.20 this This downturn was influenced by a weakening US Dollar and negative yields on US Treasury bonds, as observed at 16:34 on May 31, 2024. Since last 3 weeks from 23rd May 24 to 4th June 24 Gold have been trending in 50$($2312-$2363)movement only, in comparison to last 4...

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✅Buy Entries From $2330 $2355 both was achieved on 23-5-24 at 00:30 hrs.🔺 ✅Sell entries from $2360 was a profit and TP1 at $2330 was achieved.🔻 📊In 11 Days spot gold movement was $2332-$2450-$2332, a total of $236 movement is observed. 💹 🚨I have alerted for the correction in advance on 22-5-24 at 16:40 hrs✅.

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🚨 XAUUSD (Spot Gold) 🔖 21-5-2024🚨 Buy at: $2402-$2378-$2355-$2332 Sell at: $2438-$2458-$2480-$2500 CMP @ 2421.55💹 ⚠️ Warning: Do not risk more than 5% of your capital. You might lose your money. 📊💹Fundamentals that might impact XAUUSD: Date: 21 May 2024 📌🔴 1.Gold price rises: The price of gold (XAU/USD) continue to rebound after Fed chair Powell speech on...

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✅💹SPOT GOLD, Correction from $2450 to $2409 is observed , Let us Book all Profit in All trades and please wait for new set of trades ✅ 🚨Total Movement $41 Observed✅ *$4100 Profit in 1 lot*✅ *$20500 Profit in 5 lots*✅ *$41000 Profit in 10 lots*.✅ Kindly Close All Trades.⚠️ CMP SPOT GOLD 2414.68

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🚨🔺XAUUSD CMP $2404.91 High Achieved as stated Earlier on 16-5-24 10:51 hrs. anticipated impact was $2400 once again which was mentioned on analysis since last week several times.✅ Buying can be at: $2340-$2365🔺 Selling can be at:$2409-$2426🔻 ⚠️Warning: Do not risk more than 5% of your capital. You might lose your money. 💹XAUUSD Present Technical Status Update:...

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Recent Development: As suggested in pervious update that $2352 range is indicating a positive trend which was achieved, high taken was $2379.21 👍🏻✅ Current Gold Price (CMP): $2344.35 📍 As of May 13th, 2024: Recommended Selling Price Range: $2332-$2358-$2277 (as per analysis on May 9,May 10th 2024, at 15:00 hrs and 13:11 hrs respectively) is achieved, The...

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1. The upcoming US job market report is expected to show strong growth, but concerns arise from rising wages impacting labour costs. Despite Powell's optimism about job market balance, recent wage data paints a different picture, with labour costs and unit labour costs surging in Q1, signalling inflationary pressures. 2. Despite higher wages being good for...

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XAUUSD Present Technical Status: RSI(14):Status: Buy STOCHRSI(14):Status: Overbought ROC: Status: Buy William%R: Status: Overbought ATR(14)1; Status: High Volatility SOC: Status: Sell H1 SMA100-P(2323.22) ACHIEVED Lower Rates will be Bullish for Markets and XAUUSD.

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NFP WEEK ANALYSIS UPDATE: This week has been dynamic for trading enthusiasts, featuring a wealth of data, impactful speeches, testimonials, inflation alerts, record highs in both future and spot gold, and fluctuating currency movements. Notably, the European Central Bank (ECB) opted to maintain current interest rates post-ECB Press Conference. The EURUSD responded...

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As Mentioned in previous post idea , current market price in spot gold is 2048 range our selling area is activated.

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Spot gold is still moving under the specific range set or R1 and S1 , post FOMC meeting minutes status of metal will be more clear to take good entries, Biden have restricted for more debts , and the upcoming data and events might hit more on dollars which will make GOLD to surge for higher ranges, I will wait for clear range for clean entries , SR levels are...

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Support & Resistance Levels: Resistance levels: R1:2054 R2:2078 R3:2098 R4:2109 Support Levels: S1:2036 S2:2021 S3:2010 S4:1995 Risk : Low/ Moderate ( first 2 range )/ High Risk ( last two range ) ROI Expected: 10-15% in 2 days of trading. Strategy: Targeting Partial Bookings- Book trades in Net average profit by the end of day - No Multiple Trades. Trade in...

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As Stated Earlier for the Consolidation zone, Gold is trading under same consolidation zone. Today on economic calendar, many data are listed due which we can see a breakout from this consolidation zone, where we will stick to our stated trading ranges, and we will trade according to same pattern of low moderate and high-risk trading. RM will be followed.