Gold Is Going In Buy Here's Some Analysis By Me So Use Proper Tps Target Is 2050 Resistance 2024
Gold confirm buy confirm signal Gold buy 2027 Target 2050
Discover an enticing Buying opportunity in GOLD as it undergoes a critical retest of a key support area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics XAUUSD 100% CONFIRM ANALYSIS Check out my last trades
Gold price continues with its struggle to gain any meaningful traction on Friday and remains confined in a narrow trading band below the $2,050 level in the early European session. Traders also seem reluctant to place aggressive bets ahead of the US monthly jobs report.
Gold price (XAU/USD) dived to a one-and-half-week low on Wednesday in the wake of rising US Treasury bond yields and a stronger US Dollar (USD). The US bond yields, however, started losing traction after minutes of the December 12-13 FOMC meeting reflected a consensus among policymakers that inflation is under control and concerns about the downside risks to the...
Dear Traders, Gold tends to react to weak economic data and potential shifts in interest rates for several reasons: Hedge Against Economic Uncertainty: Gold is often considered a safe-haven asset. When economic data indicates weakness, such as low GDP growth, rising unemployment, or sluggish consumer spending, it can signal economic instability. Investors turn...
Dear Traders, let's break this down: Impending Weak US Data: If there's an expectation of weak economic data in the US, such as low job growth, poor GDP figures, or other economic indicators showing a slowdown, it could signal an economic downturn. In such scenarios, investors tend to move towards safe-haven assets like gold. This shift occurs because gold is...
We're looking for Gold to push up heights from Friday December 29th 2023 (7am EST) which was the short term latest high and we are looking for the candle to close above that area. The previous time during Friday failed to break that area despite multiple attempts to break on a 30m. I am looking for a close over our zone which is currently acting as a resistance...
On Thursday, Gold price enjoyed two-way businesses, initially refreshing a three-week top before reversing to settle below the $2,070 level. In the first half of the day, Gold price benefitted from a sustained weakness in the US Dollar and the US Treasury bond yields, as strong US bond auctions and increased dovish US Federal Reserve (Fed) rate cut expectations...
Gold price is finding additional support, as the US Dollar meets fresh supply from a risk-on rally in the Asian stock markets. Investors cheer expectations of aggressive interest rate cuts by the US Federal Reserve (Fed) next year and pile up on global stocks. Further, China’s pledge to promote stable growth by expanding domestic demand combined with the People’s...
Gold price is catching a breather, as the US Dollar (USD) is finding its feet due to a cautious market mood, despite a sluggish performance seen in the US Treasury bond yields. Investors catch up on their trades, as well as, on the latest macroeconomic developments following the Christmas holiday break, keeping themselves away from any fresh directional bets.
According to my analysis Gold is continuing its bullish trend after making a 50% retracement. it broke its key resistance level of 2047 and now after a little retracement from 2070 resistance level it is heading towards 2150.
From a technical perspective, the Gold price needs to find acceptance above the $2,040 supply zone for bulls to seize near-term control. This is followed by last week's swing high, around the $2,049-2,050 region, which if cleared Gold buy now 2027 Target 2043 confirm trade
Gold (XAU/USD) stays in a consolidation phase at around $2,020 after having closed the previous week modestly higher. The benchmark 10-year US Treasury bond yield moves sideways below 4% to start the week and makes it difficult for XAU/USD to find direction.
After rising above $2,040, Gold reversed its direction and turned negative on the day near $2,030. Hawkish comments from NY Fed President Williams triggered a rebound in the US Treasury bond yields and made it difficult for XAU/USD to preserve its bullish momentum.
Dear ZTraders, Gold prices and interest rates often have an inverse relationship. When central banks signal impending rate cuts, it typically implies that they're trying to stimulate economic growth by making borrowing cheaper. Here's how this can impact gold prices: Lower Opportunity Cost: When interest rates decrease, the cost of holding cash or bonds...
We are currently monitoring gold and DXY index and looking for GOLD buy opportunity. There is a high chance that gold will push higher. Why? Weekly high was taken and this can be just reaction from sellers taken out Israel army resumed the war against Hamas in Gaza. DXY index is waiting for another impulse wave Crucial support 2010 Let see how NFP will...
Gold price is making a minor recovery attempt near $2,020 early Wednesday, replicating the move seen in Tuesday’s Asian trading. Risk sentiment appears to be in a tepid spot, underpinning the Gold price alongside a pause in the US Dollar upswing. The US Dollar has stalled its two back-to-back days of recovery even though markets have turned cautious after Moody’s...