Closing the trading session on May 22, spot gold price decreased 1.8% to more than 2,377 USD/ounce after hitting a historic high of 2,450 USD/ounce on May 20. Calculated from the intraday high of 2,426 USD/ounce, spot gold price has decreased by about 50 USD/ounce. Gold futures contracts also decreased 1.4% to nearly 2,393 USD/ounce. As of the time of writing,...
Gold prices decreased because US government bond yields increased after the Fed meeting minutes. Gold prices fell sharply when US government bond yields increased and the greenback appreciated. The 10-year US government bond yield increased 2 basis points to 4.43%, while the DXY index increased 0.19% to 104.82, an obstacle for gold. FOMC minutes showed that Fed...
Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency. We are going to discuss #HIFIUSDT 💹. #HIFIUSDT 🔥🚀 Update: Time frame: 8 hours. ➡️ The HIFI trended downward and consolidated over the HTF. We'll wait for a confirmed breakout of the resistance zone. If it does, we...
Good morning. We remain in a short context. Currently, the Asian session is covering the FVG formed yesterday. The intraday target is PDL, and the scenario will be invalidated if the price holds above 1.8475.
💎 Paradisers, #THETA is indeed a coin worth monitoring closely. 💎 Currently, THETA is encountering resistance around the 2.55 area. If THETA successfully breaks out of the descending trendline with a strong green candle, it would signal bullish momentum. 💎 THETA has been testing the resistance area for three consecutive days. If it fails to break above the...
Welcome, Trader. Welcome to our cryptocurrency community! 🚀We are delighted to welcome you, whether you are an experienced trader or a newcomer to cryptocurrency. We are going to discussing #SPELLUSDT 💹. #SPELLUSDT 🔥🚀. Update: Timeframe: 8 hours. ➡️ SPELL was moving downward, formed a bullish peanut in the HTF. It has completed an upward breakout, which could...
Key Points: An analyst predicts gold could drift back to $2,355 if the dollar continues to strengthen. The Federal Reserve minutes revealed discussions about potential further interest rate hikes. Gold prices declined for the third consecutive session on Thursday following the release of the Fed's minutes, which showed some officials favored raising...
View my Volcano candlestick. Long bottom wick means bullish momentum to the upside. Creator of STOCHASTIC RSI says; in order to confirm BULLISH Momentum, the bull must cross the bear wave and the 20 line; This will confirm BULLS have total control. Who lied, I wonder WHO? I had to deep search to see this for myself. 13650.1 pips reads $100k plus.
“Bitcoin has been consolidating in the current range from the past 84 days, IMO from the current price, BTC will hit the Top within the next 300 days,” they wrote in a May 22 post on X.
Pair: HTX:LINKUSDT Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Price have bounced off 61.8% Fibo retracement levels - Price action is within two different parallel channels; 1 acts as a bottom channel support and the other is within a supply-demand zone channel - Aiming for the 32.8% Fibo Retracement with 23.6%...
Gold prices continued to decline on Tuesday, completely covering the recovery phase after the pullback from the $2,450 mark. However, gold remains supported by rising expectations of a Fed rate cut, ongoing geopolitical tensions, along with strong demand from central banks and Asian buyers. The daily chart of the XAU/USD pair favors an extension to the upside,...
XAU price dropped sharply in this morning's trading session as the USD increased thanks to the policies of the US Federal Reserve (FED). According to the newly published minutes of the FED's meeting, although the US Central Bank's monetary policy has become a secondary factor in the gold market, persistent inflation may force the FED to raise interest rates once....
Gold is significantly suffering from the FED`s "hawkish" coverage stance. According to the newly posted mins of the FED's meeting, even though the United States Central Bank's financial coverage has come to be a secondary thing withinside the gold market, continual inflation might also additionally pressure the FED to elevate hobby costs once. extra and create a...
AUDUSD: The AUD additionally had large corrections the previous day whilst the strain from the growing USD brought on this pair to weaken. Short-term, it's miles predicted that AUDUSD will nevertheless keep its decline today. Returning to the assist place round 0.6580. Consider promoting with AUDUSD round 0.6640 tp 0.6580
The lower in gold charges specifically triggered the USD to growth once more and the final strain become more than the energy of call for for gold. Selling hobby improved after the treasured steel did not regain the brink of 2,430 USD/ounce. Pressure to promote speedy World gold rate beneath 2,four hundred USD/ounce. The USD become supported after many US Federal...
We can see a clear price run for the upside in the USDCAD pair after running Sellstops. i am expecting price to reach above the retail resistane above 1.3690 level in the short term. Entry is around @ current market price @ 1.3650 with a stoploss at 1.3620 with a ultimate of 1.3690+
Gold fees fluctuated sharply while a few US Federal Reserve (FED) policymakers encouraged that the corporation wait some extra months to make sure inflation without a doubt cools down, earlier than beginning to cut. hobby rate. Reacting to this information, the USD accelerated in charge in comparison to the Euro and lots of different currencies. Gold charge these...
Btcusd looking forward more sell momentum forming triangle 🔺️ pattern as it is low Stop-loss and risk ....