Today's gold prices soared, momentarily reaching $2303 in the early trading hours of Thursday before settling into a steady range of $2292 - $2295. This ongoing ascent marks another historical milestone for gold, reflecting its resilience amidst minor adjustments. With the high USD potentially posing unpredictable challenges to the robust U.S. economy — only...
Now the market is not only hyping the expectation of the Federal Reserve to cut interest rates, but also hyping the risk-averse impact of the escalating geopolitical situation. There is also a crazy influx of bull buying. Anyway, it is various factors that drive the rise of gold. The ADP data released by the United States on Wednesday was negative for gold and...
Embark on a Golden Odyssey! 💫💎✨ 🔥 Attention, savvy traders! Prepare to plunge into the radiant realm of GOLD! 💫 With XAUUSD taking center stage, let's navigate the twists and turns of this captivating market. 💰📈 🌐 As the golden bull charges ahead, shattering records like never before, it's crucial to remain alert amidst the whirlwind of opportunities. 📊💥 But...
Hi Traders Gold price is ready Gold currently experiencing worldwide Down trend has reached its highest price ever I predict that the market will bounce back From the resistance level move towards the Nearby support level Gold sell from 2177_2183 Target zone. 2140 If this post is useful for you You can support me with like And advice comments
RalphBenjamin, hello everyone! As RalphBenjamin mentioned in last week's analysis, XAUUSD's outlook remains positive after the correction and recovery period, especially as it quickly bought back the dip and retested its all-time high ATH at 2270 USD mark yesterday. It is currently trading at a new high of $2282, after surpassing $2270, marking a strong $12 gain...
World gold prices continued to increase sharply with spot gold increasing by 29.9 USD to 2,281 USD/ounce. Gold futures last traded at $2,302.10 an ounce, up $29.50 from the bright spot. World yellow metal prices continued to conquer new records on April 2 (US time) thanks to being supplied by safe-haven demand amid increasing tensions in the Middle East. The gold...
Hello everyone, let's dive into the intriguing performance of gold recently. XAU/USD is consolidating after leaping to a new all-time high around $2270 in Wednesday's trading session. This primarily stems from the ongoing geopolitical risks from the Russia-Ukraine conflict and tensions in the Middle East, leading investors to shift their focus towards safer...
Oh my gosh, guys! You won't believe how gold prices have been shining bright like a diamond lately! On Wednesday, for the seventh day straight, gold (XAU/USD) sparkled its way to a brand new all-time high, hitting around $2282. Isn't that just incredible? With all the drama unfolding - from the heartbreaking war between Russia and Ukraine to the tensions boiling...
Key data for the week will be released starting today. Data released on Monday showed that U.S. manufacturing activity expanded in March for the first time in a year and a half. After the data was released, the probability of an interest rate cut in June dropped to 58% from about 60% previously. However, Fed officials’ speeches on Tuesday and The modest slowdown...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Break of Structure Completed " 12345 " Impulsive Waves Fibonacci Level - 161.8% RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
looks like gold is ready for a pullback. its making new high from past 4-5 days. Today we have powell speech and ADP-NFP.
Warm greetings, precious metal aficionados! Today, gold steadfastly holds its elevated position despite a slight adjustment, signaling the fervor of its ascent is far from cooling. Currently, gold trades around $2250, a modest dip of 150 pips from yesterday, navigating through adjustments after its vigorous rally. Looking ahead, gold remains bolstered by the...
Hello everyone, I'm back so let's discuss strategy with me today! Overall, it can be seen that XAUUSD's long-term uptrend is showing signs of weakening, especially as it quickly bought back the decline and retested its all-time high resistance at the $2265 mark. At the same time, two peaks have formed, the price may react similarly any buying activity by the...
The dollar continued to rise, reaching its highest level in more than four months, hitting as high as 105.07 on Monday, its highest level since November 15, making gold more expensive for holders of other currencies, while the 10-year U.S. Treasury yield also rose. The U.S. economic data is relatively stronger than that of other developed economies, and after...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80%
🌟 Greetings, phenomenal traders! 🌟 I hope your weekend was absolutely stellar! Now, let's rev up for some exhilarating market maneuvers and set our sights on those colossal profits! 💰📈✨ 🔍 Today, let's plunge into the mesmerizing realm of GOLD! 🌟✨ XAUUSD is seizing the spotlight. 🌐💥 As you're well aware, gold is reaching unprecedented peaks, breaking records...
Focus on data this week: On Monday, the U.S. ISM manufacturing PMI in March and the U.S. construction spending monthly rate in February On Tuesday, U.S. JOLTs job vacancies in February and U.S. factory orders monthly rate in February On Wednesday, U.S. ADP employment numbers in March, U.S. ISM non-manufacturing PMI in March, EIA crude oil inventories,...