On Thursday (December 28), the market insisted that the Federal Reserve would not relax its expectations of a faster interest rate cut. The U.S. dollar and U.S. bond yields were further put under pressure. Gold rebounded and once touched $2,088, approaching the 2,100 mark. Gold prices climbed to more than three-week highs on Thursday as the dollar and U.S....
Hi, I see A very good Investment opportunity Risk to rewards is almost 6 times Good luck every one
Gold's retracement did not fall below the key support of 2070, but the bulls remain unchanged. The pullback is still an opportunity to cover long positions! The current price of 2075 is directly higher, and the US market continues to be bullish! From the trend point of view, gold is still on an upward trend. The current pullback is exactly the support...
On Wednesday (December 27) in Asia, the Bank of Japan released a summary of the opinions of the review committee of the December monetary policy meeting, emphasizing that it is too early to raise interest rates and that the end of negative interest rates must first bring the price target within sight. The U.S. Defense Secretary confirmed that the U.S. military...
Yesterday, gold prices' big movements were mainly seen in the first 30 minutes of the Asian session. The price climbed $10. And in the U.S. session, due to risk aversion, XAUUSD also rose $10. Bulls were relatively strong. However, the optimistic expectations for rate cuts still need to be verified or falsified by the December key data. Currently, the risk...
Gold technical chart daily pressure is 2066-2072, with support below 2040 Four-hour pressure is 2066, support below is 2040 One-hour pressure 2066-2072, support below 2055 ✅Suggestion: Gold rises again at the opening today. Today, focus on the support of 2055 below and the resistance of 2066 above. If gold does not break through the range, it will enter a small...
Gold Since October 6 2023 , the bulls have being in control of the price and even now the bulls seem to be still in control of the price. The big question that traders should ask themselves me included is that, is gold going to trade above the high it created on December 04 2023 which is around 2145.00 , now we are trading exactly where gold closed on the 4th of...
I shared the buying signal BUY2055~2058 in the Asian market today, and successfully made a profit of 7$ Now looking at the hourly chart of gold, it is fluctuating all the way up! Now that the rally is continuing, the pullback is still a long opportunity! The current support is the 2048 position. If there is a chance to step back, the price will be higher! ...
Spot gold's rebound continued last week as the Fed's favored core personal consumption expenditures (PCE) price index for November came in lower than expected. Gold prices briefly tested above $2,070 on Friday before falling back to the day's opening price. Last week, gold prices hit a maximum of $2,070.67 per ounce and a minimum of $2,015.99 per ounce. The...
Gold technical chart daily pressure is 2066-2072, with support below 2040 Four-hour pressure is 2066, support below is 2040 One-hour pressure is 2066, support below is 2040 Operational advice: Today is the last trading day of Christmas, and the market will be closed for the next three days. Please trade with caution and finish your positions before the market...
Gold technical chart daily pressure 2040-2072 below support 2000 Four-hour upper pressure 2042-2066 and lower support 2015-2000 One hour upper pressure 2040 and lower support 2037-2030 Operation suggestions: BUY: around 2030, target around 2040-2066 BUY: Near 2042, target 2030-2060 (range) SELL: Near 2042, target 2030-2020 SELL: Near 2066, target 2040-2030 You...
Looking back at the gold fluctuations in the past two days, it is actually a range fluctuation. It is neither a unilateral market nor a bull start, nor a short move. So before the market breaks out, we only need to do swing trading back and forth between shocks to obtain swing profits. The range of this wave of shock is 2015-2047 So today’s idea is still to find...
Gold technical chart daily pressure is 2040-2072, with support below 2000 The upper pressure in the four hours is 2042-2066, and the lower support is 2015-2000. One-hour pressure is 2045, support below is 2015-2000 Operational advice: Gold continued to fluctuate in a wide range yesterday. The daily line 2040 was supported before. It is obvious that yesterday's...
Gold technical chart daily pressure 2040-2072, lower support 2000 The four-hour pressure is 2045, and the lower support is 2015-2000. One-hour pressure is 2034, support below is 2015-2000 ✅Operational advice: Gold has come to the form of consolidating and repairing the convergence of small triangles. Do not chase the market in a volatile range. The daily level is...
Market analysis: Gold continued to rise yesterday, reaching the highest level of 2033. Now that gold is rising, you can take advantage of the pullback opportunity to BUY! Gold has already turned to an upward trend after the Federal Reserve's interest rate decision, and now it is only fluctuating in the area of intensive trading pressure in the early stage! The...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Review of last Friday: Suggestion to sell near 2042 last Friday, it fell all the way to near 2017, perfect profit exit Gold technical chart daily pressure is 2042-2072, with support below 2000 The four-hour pressure is 2042, and the lower support is 2000 One-hour pressure 2042-2066, support below 2021-2000 Operation suggestion: The 2000 mark is the dividing line...
At the moment Im looking for entry sell. My view is on chart. On top we have resistance and we need to back to point of start move