The world gold spot price is around 2,233 USD/ounce, a spike of 42 USD/ounce compared to the transaction at the same time yesterday morning. Closing last night's session, the world gold spot price in the US market stood at 2,233 USD/ounce, a sharp increase of more than 38 USD/ounce, equivalent to an increase of 1.74% compared to the previous session's...
FX:XAUUSD has been reaching 2265 since the open. The price is moving out of the ascending price channel, which indicates a strong bull market. But, there is a huge imbalance area forming below, which can be liquidated before further growth.
The dollar is also strengthening and the market is waiting for bullish news on the index today. In this case it may give...
World gold price stood at 2,233 USD/ounce, up sharply to 43 USD/ounce compared to the same hour yesterday morning. This is the highest price in the history of world gold, and is also the best month of gold performance over the past 3 years.
Gold prices soared in the context of the world market last night recording good information about US GDP. Specifically, the...
The world gold price stood at 2,233 USD/ounce, unchanged at yesterday morning's price because the world market was closed for Good Friday and Easter.
The gold market continued to show strong momentum as it ended the month and quarter near record highs, firmly above $2,200 an ounce. According to Kitco expert Gary Wagner, an important factor pushing gold higher in...
Gold is trading inside a Channel Up, making today a new Higher High.
This is a sell signal, as long as the price doesn't break higher.
The minimum decline/ Bearish Leg inside this pattern has been -2.30%.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 2215 (-2.30% from the top).
Tips:
1. The RSI (4h) crossed under the MA trendline. This has been...
OANDA:XAUUSD ANALYSIS
- Dollar down, gold up
- Gold retests prior 2024 all-time high
DOLLAR DOWN, GOLD UP
Gold is influenced by a slightly weaker dollar at the start of the shortened trading week. Last week, gold prices showed an unusual evening star pattern, which can indicate a bearish trend reversal. The dollar is possibly stabilizing after a volatile end...
The world gold price is trading at 2,190 USD/ounce, up 12 USD/ounce from yesterday. Investors are anticipating US inflation data, which could provide insights into the US Federal Reserve's policy pivot. Despite the USD rebounding, precious metals remain near their recent historical peak.
Investors are waiting for US economic data to be released later this week...
Gold (XAUUSD) hit this morning our long-term 2260 Target, which we called for on our March 2021 (see chart below) idea:
That not only made a Higher High formation at the top of the 5-month Channel Up that started on the November 03 2023 Low but also hit the symmetrical 1.382 Fibonacci extension as the last Higher High on May 04 2023.
This has indeed been a...
FX:XAUUSD is a pioneer. The price is testing new highs in a new, previously untouched zone. High interest in the metal, rumors and crisis leads to the fact that the growth of gold outpaces the growth of the dollar.
Dollar Index (D1) Breakout of resistance and news
The dollar is also rising. The price of the index has been supported by regulators for an...
Gold prices rose slightly on Monday amid cautious market sentiment ahead of important events, such as the FOMC announcement. XAU/USD increased by around 0.2% in early afternoon trading in New York, finding support near $2,150. The Federal Reserve will hold its March meeting and may adjust its forward guidance and economic outlook due to recent inflation...
OANDA:XAUUSD AND ANALYSIS
- Gold’s backdrop remains positive and may lead to further gains.
- Retail trader positioning is 50/50.
Gold reached a new record high last week but ended the week relatively unchanged after a sharp sell-off. The Federal Reserve hinted at a potential rate cut of 75 basis points this year, which initially boosted gold. However, the US...
World gold spot price is around 2,179 USD/ounce, up 7 USD/ounce compared to the transaction at the same time yesterday morning.
Yesterday, the financial market received more information about the US economy's mixed developments. Specifically, US CB consumer confidence decreased from 104.8 points in February to 104.7 points in March, much lower than the forecast...
The world gold spot price is around the threshold of nearly 2,191 USD/ounce, a sharp increase of 12 USD/ounce compared to the transaction at the same time yesterday morning.
Yesterday, the global financial market received further information that the European economy did not improve much. Specifically, Europe's consumer confidence in March, although as expected,...
Gold prices are mostly flat as investors await key economic data and comments from US Federal Reserve (Fed) officials this week. World gold price stood at 2,172 USD/ounce, down slightly by 1 USD/ounce compared to the same hour yesterday morning.
Gold prices are mostly flat as investors await key economic data and comments from US Federal Reserve (Fed) officials...
The world gold spot price is around the threshold of nearly 2,168 USD/ounce, a slight increase of nearly 3 USD/ounce compared to last week's closing session.
World gold prices had a good week of increases last week and early this week. Most investors predict that world gold prices will continue to increase in the next week, when the US Federal Reserve (Fed) has...
This week, international gold prices increased quite sharply from 2,145 USD/oz to 2,211 USD/oz, then decreased to 2,157 USD/oz and closed the week at 2,165 USD/oz.
The reason why international gold prices increased sharply in the first sessions of the week was because in the recent meeting, the FED said there would be 3 interest rate cuts this year, regardless of...
FX:XAUUSD is testing resistance once again very slowly and gradually, protecting local support zones, below which a huge pool of liquidity is formed. What to expect from the market maker?
On the background of growth and retest of the range resistance we see low volumes. The range is narrowing and technically this could indicate a willingness to break...
The war against sound money...
keeping a "lid" on the price of the worlds biggest asset
and truly the only real collateral in the world.
Is being slowly lost.
We have a continuation head and shoulders that many people are watching.
But something to note
Is that the previous times #Gold has traded above 2 thousand dollars
The smackdown has been quick and...
![XAUUSD: 🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [March 25 - March 29]](https://s3.tradingview.com/c/C0oJCSAT_mid.png "🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [March 25 - March 29]")
