Gold prices stabilized on Friday (March 15) but recorded their first weekly decline in four weeks, as investors lowered expectations for US interest rate cuts after data this week showed pressure. price increases. At the end of the trading session on March 15, the spot gold contract was almost flat at 2,159.99 USD/oz. This week, the gold contract lost 0.8%,...
The hot spot in the market today is the Federal Reserve's interest rate decision. Although the market is generally expected to keep interest rates unchanged on Wednesday, the market is waiting for comments from Federal Reserve Chairman Powell after the meeting to understand the Federal Reserve's latest interest rate expectations. The probability of the Fed...
A short trade on EURUSD. I am waiting for the price to return to the resistance level and I will sell. The target is the level of 1.08539. Despite my desire, it is in a downward trend. I do not want to continue the deal. News. The foot may change the thoughts. Good luck.
Hey Everyone, A piptastic day on the chart with our chart idea once again playing out to perfection hitting our 2166 target with plenty of dips to get in of the action, inline with our plans to buy dips. Yesterday we stated we had the drop into the retracement range followed with the perfect bounce into 2155 Goldturn leaving 2166 let open. - This was hit...
📣Hello Mates! We can observe the market running sideways without a clear trend. Therefore, we can hope that the market will buy from the $2148 or $2137 area, with our final target being $2172. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our...
GOLD has created triangle pattern and its showing good opportunity for trade 1:5 risk reward
Gold prices fell late in the North American session on Tuesday amid a strong US Dollar but despite falling US Treasury bond yields. Market participants await the US Federal Reserve’s (Fed) monetary policy announcement on Wednesday, followed by a press conference by Fed Chair Jerome Powell. Meanwhile, XAU/USD prices are set to remain near $2,150 as traders remain...
USOIL / 1D Hello traders, welcome back to another market breakdown. Crude Oil traded lower earlier in the week after a small pullback bear trend. The bears got 3 pushes down, forming a wedge pattern. They want a retest of the June or May lows, followed by a breakout below. The bulls see the current move down simply as a bear leg within a trading range. They...
#XAUUSD The Fed will announce its interest rate decision in two hours. There is a high probability that interest rates will remain unchanged. However, the Fed's announcement of interest rates will be accompanied by market sentiment and the upcoming Powell's speech, which will cause sharp fluctuations in gold prices. Currently we can see the red trendline forming...
Crude Oil NYMEX:CL1! ! Let's delve into a crucial chart, our beloved Crude Oil (CL1!) Futures Contract. Starting the count post the pandemic dip, we've completed a 5-wave cycle reaching $130. After a subsequent drop, the Wave C formed in March 2023. Following that, in my analysis, we've crafted an upward Wave X around $95. Currently, we seem to be descending...
The KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in...
XAUUSD There will be a Federal Reserve interest rate decision in less than four hours, and gold prices will fluctuate greatly. The trading suggestions I gave are as shown in the figure, gold rebounds in the 1/2139-2143 area. You can try buying here once. 2/If it falls below this area 2139-2143, then the next range is 2121-2124. You can try to buy here. 3/If gold...
Hello everyone, I'm thrilled to share my 101st analysis here, marking a significant milestone in my journey. While there were certainly some analyses that didn't pan out as expected, I believe the ones with better results outweighed them in total. I'd like to express my gratitude to those who supported the ideas, left comments, or liked the analyses. Your...
Prices have pulled back after hitting a four-month high of $83 yesterday on Monday. Russia has increased exports in response to Ukrainian attacks on the country's oil infrastructure. Saudi Aramco CEO Amin Nasser has rejected the idea of phasing out fossil fuels, calling it a fantasy. Looking at the daily chart of crude oil, oil prices have fluctuated for about...
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price recently traded in the buyer zone, where XAU soon reached the 2040 support level and broke it. After this movement, the price made retest and then started to trades in an upward pennant, where firstly Gold made a strong impulse up to the current 2150 support...
Pair : Crude Oil Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Long Time Frame Completed " 12345 " Impulsive Waves and " A " Corrective Waves Fibonacci Level - 61.80% S / R Level