After bottoming out after falling to $2,150 yesterday, the price of gold was affected by the release of the monthly short-term energy outlook report by the U.S. EIA. The price of gold hit a maximum of $2,180 today, encountering resistance from above.
At this time, the 10-year Treasury bond bidding multiples and bidding interest rate data published in the United...
On Thursday, the U.S. dollar index gave up yesterday's gains at 103.93, but bulls continued to put pressure on gold ahead of the release of Personal Consumption Expenditures (PCE), and gold prices have yet to break out of range trading. The dovish Federal Reserve released a timetable for interest rate cuts, suggesting that interest rate cuts will begin in the...
According to the current gold trend, the gold price now forms a resistance level at 2154-2155. At this stage, the gold price reaches the bottom of 2154 and rebounds. Only by paying attention to my signals at any time can you make the right choice.
Gold price predicted to rise
It is recommended to go long in the short term: go long around $2155-2156
I will share...
Friends, under the influence of the negative CPI data, gold fell sharply as I expected, and once fell below the 2160 position. According to the current trend pattern, the gold pattern is developing in the short direction, while the bull pattern is no longer strong. Therefore, in this kind of market, we must pay special attention to the trading rhythm. Relatively...
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According to the current gold trend, the gold price is now blocked at US$2182.0 and then falls. As far as the current trend is concerned, the gold price may fall at US$2160.0 as support. Pay attention to the gold price trend at any time to make the right choice.
I will share trading strategies and trading ideas every day. Listen to my signal and...
In the European market on Tuesday (March 12), spot gold maintained its downward trend during the day, with the current price of gold at $2,172 per ounce. On this trading day, gold traders will focus on the U.S. CPI report, which is expected to trigger a big move in the gold market. Analyze and predict gold price trends.
So far, gold prices are consolidating...
Many people always say that trading is either losing or making money. But 98% of people in the market always lose money. So are you one of them?
Monday's market is coming to an end. The gold market is relatively flat today. The highest price reached 2188. The lowest touched 2174. For most of the time, it remained within a narrow range of 2182-2177. Coupled with...
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According to the current gold trend, the gold price is now blocked at $2183.7. As far as the current trend is concerned, the gold price may fall at $2177.8 as support. Pay attention to the gold price trend at any time to make the right choice.
My suggestion: short at high prices. You can go short around $2182.
I will share trading strategies and...
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According to the current gold trend, the gold price has bottomed out and rebounded, and is blocked at US$2177.5. According to the current trend, the gold price may fall at US$2177.6 as support. Pay attention to the gold price trend at any time to make the right choice.
It is recommended to go long at low prices at this time
Go long around...
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Entering the European market on Monday (March 11), spot gold consolidated at a high level after several consecutive days of sharp gains. It is currently waiting for the next trend near the record high. The market remains cautious before the key US CPI inflation report, etc. New clues for Fed rate cut.
After rising for eight consecutive days, spot...
Gold trend analysis, easily make money for you
In early trading in the Asian market on Monday (March 11), spot gold fell back after rising to a high of $2,188.88 per ounce, approaching the all-time high of $2,195.07 set last week. It is now back around $2,180.
Gold prices surged to a record high on Friday following U.S. non-farm payrolls data. On the 60-minute...
March 9 News: Market expectations for the Federal Reserve's policy easing may be coming to an end. Expectations for the Federal Reserve's monetary policy to shift to easing are still dominant. The geopolitical situation is still tense. Global central banks continue to purchase gold. Adding to the possibility of the spread of the U.S. banking crisis, the impact...
xauusd(gold) trading at an all-time high. so with the Dow Theory when a market makes an all-time high it will back to the most recent broken price. of course, you should wait for a reversal point.
note- keep in mind market takes less time to build a pattern when it’s about the bull market to move down. and when the market is bearish then it’s taking much time to...
On Friday (March 8), the price of gold hit a maximum of $2,193. Gold prices were on track for their biggest weekly gain in five months, boosted by hints from Federal Reserve Chairman Jerome Powell that he would cut interest rates. Spot prices surged more than 3.5% this week, indicating strong investor expectations for a rate cut.
Gold prices are on the verge of...
Today’s gold price analysis and guidance
Yesterday, Jerome Powell testified before Congress that he expects to start cutting interest rates this year if inflation approaches the central bank's 2% target, paving the way for a fall in the dollar and a rise in gold.
Today, the price of gold broke through 2163, and the support level is 2154.6. It is currently...
Gold is very active in the Asian market and once reached a level of 2161. Just as I expected. Some small profits were made by buying low.
FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD CAPITALCOM:GOLD VELOCITY:GOLD
Yesterday at the Fed officials, gold was extremely volatile. But then the Bank of New York suddenly fell sharply by 41%, leading to a trading...
Gold held on to a strong trend on Thursday following yesterday's sharp gains. The U.S. dollar index tumbled to a nearly five-week low on Wednesday after Federal Reserve Chairman Jerome Powell reiterated in congressional testimony that the Fed is still expected to cut interest rates starting later this year even if it is uncertain whether inflation can continue to...
Gold's long-term bears are starting to show strength. Today the market changes have not happened yet. Viable areas of value are already in place. We can enter the market to take short positions and trade them. The price reference pressure is at 2130, and choosing 2130 based on the second low on the right is a very good position. We just have to plan around that....
