Indonesia1945

Indonesia1945 Updated 

The current price of XAU/USD is 2414, and the market sentiment remains predominantly bullish. Notably, the level at 2391 serves as a crucial support structure, indicating potential buying interest if the price retraces to this area. Conversely, if the price reaches 2410, there could be a temporary bearish correction due to it acting as a resistance level,...

Indonesia1945 Updated 

Based on the current price of XAU/USD at 2360, there seems to be a slight downward trend towards the point of 2356. If the price falls below 2355, it may further decline towards 2350. However, if it surpasses the level of 2372, there's a tendency for an upward movement towards 2378 and eventually reaching levels around 2390, potentially even extending to...

Indonesia1945 Updated 

The pivot point for GOLD is currently identified at 2323, indicating a critical level for market sentiment. Additionally, the formation of a triple top pattern further reinforces the bearish outlook. This pattern typically suggests a significant resistance level, with three consecutive peaks at approximately the same price level, signaling a potential reversal...

Indonesia1945 Updated 

The pivot point for GOLD is identified at the price of 2299. If the price manages to hold above 2306, it suggests a neutral stance with a potential upward movement towards 2330. However, if the price declines below 2287, it indicates a continuation of the downtrend, potentially leading to a further decline towards 2265. It's essential to closely monitor these key...

Indonesia1945 Updated 

Based on the pivot point analysis provided, the current price is at 2301. A bullish scenario may be confirmed if the price locks above 2309, while a bearish sentiment would be established if it remains below 2298. Bullish targets are set at 2324, while bearish targets lie at 2284. Continuous monitoring of price movements is recommended to gauge the market's...

Indonesia1945 Updated 

Based on the additional information provided, the current price of XAU (2319) is slightly below the pivot point (2321) but close to it. The support levels are S3 (2243), S2 (2262), and S1 (2290), while the resistance levels are R1 (2336), R2 (2356), and R3 (2383). The current price is between S1 and R1, tending towards R1. This suggests a bullish inclination as...

Indonesia1945 Updated 

XAUUSD is currently exhibiting a neutral stance on the 1-hour timeframe, trading between support at 2238 and resistance at 2335. The price action suggests a consolidation phase, indicating indecision in market sentiment. Traders should monitor for potential breakout scenarios while considering key technical indicators for confirmation, exercising patience and...

Indonesia1945 Updated 

At the present, XAUUSD is trading at 2338. The market sentiment appears to be cautiously optimistic as the price is approaching the resistance level at 2330, indicating a potential bullish momentum if this level is breached decisively. Resistance Levels: 2353: If XAUUSD manages to surpass the resistance at 2353, it could signal a significant upward movement. This...

Indonesia1945 Updated 

Geopolitical risks in the Middle East and signals from the Federal Reserve are two primary factors influencing the potential decline in the price of XAUUSD. When geopolitical tensions ease, demand for safe-haven assets like gold typically diminishes, especially if diplomatic breakthroughs or peaceful resolutions occur in the region. Similarly, indications from the...

Indonesia1945 Updated 

The recent significant impact on XAU, particularly evidenced by yesterday's downturn, where prices breached $2355, underscores a notable shift in market dynamics. Presently, with XAU trading at $2374, there is a prevailing conviction that it will reclaim its initial resistance level observed two days prior, notably at $2429, heralding a potential ascent towards...

Indonesia1945 Updated 

The XAUUSD price has declined to $2344, indicating a significant pullback from recent highs. However, there is potential for a minor corrective uptick towards $2359, followed by another decline towards $2345, before potentially resuming an upward trajectory towards $2395. This price action reflects market sentiment struggling to fully absorb the substantial price...

Indonesia1945 Updated 

Analyzing intraday transactions in the XAU/USD (Gold/US Dollar) pair from yesterday reveals intriguing patterns: a notable support level at $2178 and a resistance barrier at $2195. With such clear delineations, traders can anticipate potential movements within this range. However, the analysis delves deeper into pattern recognition, suggesting a likely descent...

Indonesia1945 Updated 

The recent surge in gold prices to a remarkable $2400 per ounce is intricately tied to a combination of economic factors, notably the Consumer Price Index (CPI), the Producer Price Index (PPI), and unemployment figures. These indicators collectively reflect inflationary pressures and economic uncertainties, compelling investors to seek refuge in safe-haven assets...

Indonesia1945 Updated 

In the fluctuating energy market, it's wise to identify potential opportunities that arise. With the US Oil price having retreated from its peak at $82.10, experiencing significant overbought conditions, we are now entering an intriguing phase to monitor. Currently, the US Oil price has reached the mark of $80.95, indicating strong signs of a potential reversal....

Indonesia1945 Updated 

The price of gold stands at $2168 per ounce. However, upon closer examination of the market trends and support structures, a bearish sentiment appears to be looming, largely influenced by the strengthening of the US Dollar Index (DXY). Looking at the technical indicators, there are clear signs suggesting a potential downturn in the price of gold. The recent...

Indonesia1945 Updated 

Gold prices surged above $2,200 an ounce on Thursday, reaching unprecedented highs as the US Federal Reserve maintained its stance on potential interest rate cuts for the year, albeit with a slight adjustment for 2025. The decision was in line with market expectations. However, the upcoming Bank of England's policy decision could introduce volatility into the...

Indonesia1945 Updated 

Analysis Based on the Presented Scenarios: If Price Falls Below 2147: Should the price of gold decline below the critical level of 2147, it could signify a further downtrend in the price action. This potential breach of support suggests a weakening market sentiment, possibly indicating increased selling pressure. Under this scenario, the expectation leans towards...

Indonesia1945 Updated 

In the mid-term trade outlook, gold's trajectory appears poised for further gains, with targets set at $2200 and $2300. The anticipation of a potential U.S. recession by late 2Q, coupled with concerns surrounding persistent housing and services inflation, continues to drive investor interest towards gold as a hedge against economic uncertainties. Additionally, the...