Trading Setup: A Trading Signal is seen in the GBPJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 186.60 ⭕️SL@ 187.30 🔵TP1@ 184.70 🔵TP2@ 181.96 🔵TP3@ 177.50 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading...
The world gold rose again in the context of the USD's rally slowing down and the US bond yields turning to drop slightly. U.S. bond yields fell from 16-year highs also helped push gold prices back up. The gold market is quieter as investors are turning their attention to the annual economic symposium of the US Federal Reserve (Fed) to be held later this week in...
FX traders are poised to drive the dollar even higher due to a confluence of seasonal and technical factors working in favor of the greenback. Historical data indicates that the dollar tends to appreciate more often than not during August, and this positive seasonal pattern is expected to continue this year. The USD index, which measures the dollar against a...
Gold prices strengthened on Wednesday, finding support as the U.S. dollar and Treasury yields experienced a slight retreat, maintaining gold above the critical $1,900 threshold. At 0519 GMT, spot gold displayed a 0.3% increase, reaching $1,902.63 per ounce, distancing itself further from the five-month lows observed last week. Simultaneously, U.S. gold futures...
As Wednesday's trading session approaches, the spot market for gold is experiencing fluctuations, hovering around the $1,900 mark. Investors are biding their time, eagerly anticipating the commencement of the Federal Reserve's Jackson Hole economic symposium, scheduled for Thursday. Remarkably, the precious metal has shown resilience despite the recent surge in...
Gold prices in Asian morning trading have climbed following a recent downturn in bond markets. This decrease in Treasury yields has provided a degree of encouragement to investors seeking the allure of this valuable commodity, as stated in a note by ANZ analysts. The relationship between bond yields and gold prices is inverse, with lower yields typically enhancing...
One of my counts for EU. Looking for a potential temporary bottom in place, which seems to be confirmed by the RSI. Looking for a pullback to then continue lower. If you like the daily content please leave a like and comment below. Feel free to ask question, Trade safe!
World gold price this morning continued to increase slightly with spot gold increasing by 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from the previous morning. The world gold price has increased slightly in today's trading session 22-8. Short-term offsets and some mild gift-hunting are said to have been the...
In Asian morning trade, gold climbs as the recent bond market selloff subsides. According to analysts from ANZ, the dip in Treasury yields has provided a boost to investor interest in this precious metal. Bond yields and gold prices tend to have an inverse relationship, making gold more attractive when yields are lower. All eyes are on this week's Jackson Hole...
Gold prices saw an increase on Wednesday, finding stability near the crucial $1,900 mark, thanks to a slight retreat in the U.S. dollar and Treasury yields. This development occurred in anticipation of a gathering of central bankers that is expected to provide insights into the outlook for interest rates. Key Points: - Spot gold recorded a 0.2% uptick, reaching...
hello guys... as you can see the pair made a three-drive pattern and at the end break out the trend line of this pattern. besides that, this pair made a qm pattern at the last drive so we can count on a short position but you should consider that this pattern happens at the last daily higher high so it is so possible if the price wanna annoy USD and gather...
Following last week's Bitcoin price crash, on-chain data provides insight into a concerning price scenario. Glassnode's most recent analysis illuminates the current market dynamics, revealing that a substantial portion of BTC spot supply has a cost basis either equal to or exceeding the current market price. Glassnode's chief analyst, Checkmate, commented on this...
Gold prices persist near a five-month low, striving to find stability following a recent sell-off, despite another increase in Treasury yields overnight. A potential respite could emerge if the US dollar rally takes a pause, coupled with a correction from the near-term oversold technical conditions. Nevertheless, signs of a definitive reversal remain elusive,...
On Tuesday, gold prices strengthened despite U.S. Treasury yields reaching their highest point in nearly 16 years. This non-yielding asset held its position, as investors eagerly awaited this week's central bankers' meeting for insights into potential changes in interest rates. XAUUSD SELL 1895 -1897🕯 ✅ TP1: 1889 ✅ TP2: 1882 ⚠️ SL: 1905
Analysts said that the world gold market could not prosper because investors still sheltered capital in USD, helping this currency maintain its upward momentum compared to many other foreign currencies. On the other hand, the bond investment channel becomes attractive when the 2-year bond interest rate is up to 5%/year, the 10-year bond interest rate is...
Analyzing the daily chart for XAU/USD, gold's downtrend remains in force as it continues to move below the ascending trendline originating from February. This emphasizes a growing bearish sentiment, especially with the presence of a descending trendline from April, which underscores the broader downward bias. In the current scenario, the immediate obstacle is the...
Gold is trading flat in the Asian morning session, following a decline overnight, as investors contemplate the U.S. Federal Reserve's upcoming policy decisions. ANZ analysts suggest that robust recent economic data may prompt the Fed to consider tightening monetary policy. Investors are keenly observing the Jackson Hole symposium this week for additional insights....
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📍 XAUUSD - Gold 🔰 LONG 🟢Buy Now or Buy at : 1892.00 ⛔️Stop Loss : 1884.30 🌀Take Profit 1 : 1907.00 🌀Take Profit 2 : 1915.10 🌀Take Profit 3 : 1930.90 ⛔️ Trading and...