Gold price (XAU/USD) struggles to capitalize on the previous day's positive move and trades with a mild negative bias heading into the European session on Tuesday. A slew of influential Federal Reserve (Fed) officials recently tried to push back against market bets for early interest rate cuts in 2024. This, along with the post-Bank of Japan (BoJ) selling around...
Gold technical chart daily line, upper pressure 2040-2072 and lower support 1983 Four hours, the upper pressure is 2042 and the lower support is 2000 One hour, the upper pressure is 2042-2066 and the lower support is 2021-2000 ✅Operational suggestions: Yesterday, gold rose strongly and broke through the 2000 mark. The 2010 level above also briefly fluctuated and...
in the last buy order. Traders who followed made big profits. This is cause for celebration. The gold market currently remains at the 2043-2044 level. Prior to this our buy order was closed at this location. The profits are very considerable. At present, the pressure from above still exists. There is no dominant news today, so at this position, I think we...
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own. The last order has been taken profit. At present, gold has reached near our buying point after falling. I said before that the short term focus is on selling high and buying low. But now that gold has fallen back, it gives you a buying opportunity. You...
#GoldUpdate Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain. Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the...
Gold Update: We've conducted an analysis of gold for the upcoming trading week, anticipating a minor correction before its continued decline to $1978. The short zone is expected from 2012-2014$. Stay connected with us for a trading week filled with potential profits, and remember, it's all completely free.
Ellie wants to send you some small analysis, hope you will like it. Thanks for reading ♥ If we get to the beginning of Europe, PLAN EUROPE, Gold may react at the resistance zone 1,995 - 97, but if we can maintain the zone 1,990 - 92 to 1,987 - 85, the opportunity to Buy still remains with the same targets. Only if during the middle of the European session Gold...
Yesterday, Federal Reserve Chairman Powell spoke publicly again, saying that Fed officials are not sure that interest rates are high enough to end the inflation war, and that the help they can get in expecting improved supplies of goods, services, and labor to reduce price pressures may be nearing the end. After Powell's speech, traders postponed their bets on...
On Friday, gold in the Asian market was operating in the 1955-1960 range. Spot gold ended three consecutive days of decline, getting rid of the lowest point in nearly three weeks, and once exceeded 1960. From the perspective of technical analysis, the daily head-and-shoulders top pattern has been partially formed, and the right shoulder's 2004 decline has now...
Looking at the 4-hour chart, the Bollinger Bands are opening downward, and gold has encountered resistance and fallen since last Friday's high of 2004. There is only a single positive line on the K line, which is structurally very weak. Yesterday, the US market closed with a positive line in the 4-hour period. Seen as a correction, a single positive cannot change...
The main stock indexes on Wall Street continued to extend their climbing streak, while US 10-year Treasury yields also increased as investors braced for speeches by at least nine officials. Federal Reserve (Fed) officials this week, including Fed Chairman Jerome Powell on November 9. According to CME FedWatch, traders are discounting a 90% chance that the Fed...
🔴Gold price assessment 📌Gold rose sharply on Friday as the war situation in the Middle East continued to heat up. Israel expanded its bombing of the Gaza Strip, causing local Internet and phone services in Gaza to be cut off. Gold prices increased to the same level as in 2010, the highest level recorded in the past 5 months. 💢The war has greatly affected the...
XAUUSD Gold now formed Head & Shoulder formation in weekly time frame, so market will come down for some month to achieve target so better be on sell side in long term trades
There has been little change in the market since the minutes of the Fed's monetary policy meeting were released in September. This highlighted concerns about U.S. economic growth and caused the Fed to become cautious about raising interest rates. Dallas Fed President Rory Logan and Fed Director Christopher Waller have argued that rising U.S. Treasury yields in...
As the #3 most heavily weighted stock for the TVC:DJI , NYSE:GS was one of the drivers behind the run down this week. In February, a buyback program of 30 billion was approved. Buybacks probably commenced in March and have been boosting the price up within the trading range until recently. It may be that the buyback money has been depleted. Goldman Sachs...
Happy weekend everyone! This week we have relatively few open strategies. We traded 7 orders this week, 6 wins and 3 did not leave the market. This week's temporary profit is 23 US dollars. Suggestions for next week: The golden weekly line shows a lower shadow Yang line, suggesting that the power of shorts has weakened, but various indicators are still bearish....
Hello, according to my analysis of the gold market, gold is still in a very negative state. Under pressure from sellers. Everything is explained in the analysis. Good luck to everyone