📣 Hello, I think that gold will probably not update its ATH 2075$ and from the end of 2022 - the beginning of 2023 a full-fledged bear market will begin. ❌ The cancellation of this trading idea will be the closing of the month above $1984, followed by a retest and a confident fixing of the price above the mirror level. Good luck with your own thoughtful...
World gold prices inched up slightly as traders are waiting for important reports to know more signals about interest rates in the near future. World gold prices increased slightly this morning with spot gold increasing by 4.7 USD to 2,062.7 USD/ounce. Gold futures last traded at 2,040.7 USD/ounce, up 5.5 USD compared to yesterday morning. World gold fluctuated...
its is very easy strategy to use smart money for profit
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout and Retracement. It has completed the Break of Structure and Retracement. Completed Impulsive Correction and Making its Impulse Again Entry Precautions : Wait for the Proper Rejection
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and Corrective Waves " abc " in Short Time Frame. Consolidation Phase as an Corrective Pattern in Short Time Frame. Breakout and Retracement for Break of Structure Entry Precaution : Wait for Breakout and Retracement of UTL / LTL
Also last night - early this morning, the US economy announced more positive economic and employment data. Specifically, the number of first-time applications for unemployment benefits last week was at 202,000 applications, lower than the forecast 220,000 applications and lower than the previous week's level of 221,000 applications. Along with that, annual retail...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Impulse Correction Impulse and LL - LH in Short Time Frame. Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line Entry Precaution : Wait for the Rejection or Retracement
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
World gold prices fluctuated slightly with spot gold down 1.3 USD to 1,979.5 USD/ounce. Gold futures last traded at 1,993.2 USD/ounce, down 0.5 USD compared to yesterday morning. Although the world gold price this morning was listed close to the level of yesterday morning, it has decreased sharply compared to the increase during the day. Specifically, gold...
The latest economic data shows that the US consumer CPI data in November was 0.1%, 0% higher than expected; the core CPI was 0.3%, overall in line with expectations, but higher than October. Judging from the release of this CPI data, the market generally expects that the Federal Reserve’s interest rate decision will maintain the current benchmark interest rate...
The world's gold price today, December 13, continues to decrease when the US releases the latest emission data, creating motivation for the USD to increase in price. Gold prices today have not stopped falling in the context of the US announcing the annual consumer price index (CPI) in November 2023 increased by 3.1%, 0.1 percentage point lower than the previous...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Lower Highs and Lower Lows Trend in Short Time Frame. After Impulsive Waves " 12345 " It is making Corrective Waves " abc ". Consolidation Phase as an Corrective Pattern in Short Time Frame if Breaks UTL then Buy , If Breaks LTL then Sell Entry Precaution : Wait for the Breakout and Retest
At the time of the risk of key central bank events, the market will face the release of US consumer inflation data within the day, which will play a key role in influencing market expectations of the Fed's next policy actions.U.S. consumer price index (CPI) inflation is expected to be mixed at the front end of the curve. The core consumer price index is expected...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Impulse completed and Making its Corrective Waves " wxyxz " in Short Time Frame. Rejection from Descending Trend Line and moving in Side Waves as Consolidation Phase in STF. Strong Divergence in RSI Entry Precaution : Wait for the Breakout or Rejection
a nice possible setup for today ahead of cpi data . the trend is bearish + gold is trading in a channel + rsi bearish divergence id wait for a double top or a hammer on the top of the channel for extra confirmation
Not only did the number of new non-farm payrolls in November exceed expectations, but the unemployment rate unexpectedly fell to 3.7%, and hourly wages exceeded expectations.After the release of non-farm payrolls data, the swap contract showed that the market lowered its expectations for the Federal Reserve to cut interest rates in 2024, and the probability of...
World gold prices dropped sharply with spot gold down 25.2 USD to 1,980.8 USD/ounce. Gold futures last traded at 1,997.3 USD/ounce, down 17.2 USD compared to yesterday morning. World gold prices slid due to pressure from the recovery of the USD and rising bond yields. The USD rose 0.2%, making gold more expensive for holders of other currencies. US 10-year...