Hello traders ,what do you think about GOLD? After breaking its trend line, gold has now reached the resistance zone of 2400. It is expected to grow at least up to the specified level after the pullback to the broken trend line. If this post was useful to you, do not forget to like and comment.❤️
Over the identical period, CPI accelerated via way of means of 3.4%, matching forecasts. This is high quality information for americaA Federal Reserve (Fed). Cooling inflation will assist the Fed quickly make a choice to decrease hobby costs, to aid americaA economic system, that's displaying greater symptoms and symptoms of slowing down. Cooling inflation can...
EUR/NZD Short Minimum entry requirements: • Tap into area of value. • 15 min rejection or phase line break. WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. SOYBN/USD Short Minimum entry...
📈✨ **Gold Market Outlook:** ✨📈 Gold wrapped up the week with a strong bullish momentum, hinting at a potential breakthrough of a significant daily resistance cluster. 🚀 Looking ahead, a bullish breakout above the **2361 level** accompanied by a daily candle closing above it could fuel a powerful uptrend, aiming for the **2391 level**. 💰💪 🔍 However, if the market...
🚨✨ Breaking News: Gold's Remarkable Surge! ✨🚨 📈 Market Update: Gold has made an impressive move, hitting a high of $2419 today before pulling back to test the $2404 level. It has now rebounded and stands strong at $2416. 💪 Current Position: Gold is showing solid strength in the buy zone. Let's keep a close watch to see how this unfolds! 📊 Analysis: The bullish...
World gold price (XAU/USD) decreased slightly yesterday after increasing to nearly reach 2,400 USD/ounce. According to experts, the reason may be due to profit-taking pressure after the strong increase the previous day. In addition, the recovery of the USD is also detrimental to gold. In the short term, the combination of stable inflation and weakness in other...
Gold prices are in a slight decline. The reason may be due to profit taking after increasing by more than 1% the previous day. The release of lower-than-expected US CPI and Retail Sales data for April has led to a change in expectations about the Fed's future interest rate path - an important factor contributing to the direction of gold prices....
Hello Traders , Upon reviewing the gold chart in the 4-hour timeframe, we observe that the price, following our analysis, managed to rise by 170 pips to $2387. Since the range of $2386 to $2397 is an important supply zone, the price reaction to it was negative, and currently, gold is trading around $2383. If the price stabilizes below this level, we can expect a...
🔍 Let's analyze and review this popular forex pair together, and also revisit our previous analysis. 📊 In the higher timeframes, this pair, like the rest of the market, is ranging. Currently, it is fluctuating between the boxes of 1.69901 and 1.58888, which is logical given the current policies. 📝 In the previous analysis, it was mentioned that after a candle...
www.tradingview.com On the chart H1, after 3 bullish waves an 2 bearish waves so we expected en ABC corrective waves.
USDJPY is neutral on its 1D technical outlook (RSI = 53.858, MACD = 0.730, ADX = 52.633) and is rebounding after almost the second 1D MA50 test in 2 weeks. The pair is capitalizing on the bullish momentum of the 1 year Channel Up but this rebound could be the last before a correction, as the price is very close to the HH top trendline. Our goal is still that top...
📈🐂 Breaking News! 🐂📈 🚀 DOW JONES SOARS to New Heights! 🚀 The bulls are on an unstoppable rampage, smashing through key resistance levels like a hot knife through butter! 🔥💪 This week witnessed an impressive breakout, with the DOW JONES surging past another significant barrier with sheer bullish force. 📈💥 ✨ What's Next? ✨ With the bulls clearly flexing their...
After quite an extended bullish accumulation within an ascending triangle formation, EURCAD bounced yesterday and violated its resistance. It opens a potential for a further bullish continuation. Next resistance will be 1.486 ❤️Please, support my work with like, thank you!❤️
More progress in deflation remains to be seen Chicago Fed President Austan Goolsbee welcomed the drop in inflation in April but said deflation progress needs to be firmer. Speaking Wednesday after the CPI excluding food and energy prices fell for the first time in six months, Goolsbee expected more such good data to come before making a decision to cut interest...
WTICO/USD Short Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
The USD plummeted as expectations of the Fed lowering interest rates increased after US inflation data The dollar slid to a multi-month low on Thursday after U.S. core inflation hit a three-year low and retail sales were flat, raising expectations of lower interest rates in the economy. largest economy in the world. US government bonds recovered after economic...
Over the same period, CPI increased by 3.4%, matching forecasts. This is positive news for the US Federal Reserve (Fed). Cooling inflation will help the Fed soon make a decision to lower interest rates, to support the US economy, which is showing more signs of slowing down. Cooling inflation will also soothe the psychology of US investors and consumers. The...
Gold is in a correction period. If the price can stay above the 2326 level, it is expected that there is a chance that the price will rebound. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!