GOLD has now accelerated to 239x. With this Trend, it's miles very feasible that Gold will growth through 24xx withinside the quick term, all and sundry. If everybody has been following current movies or comments, from these days I advocate and percentage with all and sundry the Perspective of Buying GOLD from the location 2306>2308. >Today I`m nevertheless...
The U.S. PPI data in April was strong, rising 0.5% month-on-month, 0.3% higher than expected. Core PPI also rose 0.5%, while the expected 0.2% was. However, both March PPI and core PPI were revised down from 0.2% to -0.1 %, the sharp downward revision of March PPI moderated the unexpected increase in April PPI. Powell's speech was also half hawkish and half...
Hello everyone. We can see that 2335 was a suppression point for gold in the early stage. After breaking through 2335 last week, it changed from suppression to support. This week I tested the support here at 2335 many times, but failed to fall. From the wave shape analysis, we can also see that gold is currently out of the fifth wave of gains. The top of the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest...
Pay attention to the strong resistance near 2392-2403. There is a high probability of stepping back to support.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Fibonacci Level - 23.60%
After a slow start to the week, gold prices recovered on Tuesday, reclaiming the $2,350 mark. If the upside gains accelerate in the coming trading sessions, the next technical hurdle lies near trendline resistance at $2,370. Removing this barrier could spur increased buying activity, setting the stage for a potential rally to $2,420 and even $2,430. In the event...
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....
Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.
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....
XAU-USD was trading below The falling resistance But now we are seeing A bullish breakout so I am now locally bullish Bias and I think that we Will see a further move up !
Gold is just an adjustment in the short term. The bullish trend has not changed yet. The correction has been in place. Buy directly at the current price of 2340! After the opening of the market, gold continued to adjust weakly, stepping back to the support of the 2340 area. After the short-term dip, it continued to be bullish. Gold has begun to step back to the...
My Dear Robbers / Traders, This is our master plan to Heist Gold Mine based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be...
Gold decreased yesterday, ending the previous streak of 2 consecutive days of increases. The previous day's D1 bar created an upward but weak breakout, and because yesterday's D1 bar closed below the bottom of the previous rising D1 bar, it turned that break into a false break - which could cause Gold's upward momentum at D1. stalled, even pulled back down. The...
World gold fee at the night time of May 14 became approximately 13.eight% better (285 USD/ounce) in comparison to the quit of 2023. World gold fee transformed via way of means of financial institution USD fee became 72.eight million VND/tael, such as taxes and fees, approximately 16.2 million VND/tael decrease than the home gold fee as of past due afternoon on May...
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....
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Consolidation Phase in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure Bullish Channel in Short Time Frame
Hi fellow traders, XAUUSD has reached the blue box. Look for a buy entry from this area. Target the 2397.84 level. Good luck and trade safe!