Gold market analysis: Gold 4-hour level: At this time, it is still under the 10-day moving average and has been falling slowly. However, there are temporary signs of consolidation in the small range at the bottom. There is also a golden cross under the MACD zero axis and a gradual increase in volume. We need to observe this kind of shock. Can it continue for two...
Data released by the U.S. Department of Labor showed that the number of people filing for unemployment benefits in the latest week was 207,000, the lowest level in a year. Ohio and Alabama saw the largest declines in jobless claims, while claims rose in California. The monthly jobs report due out on Friday will provide more information on the job market....
From a daily perspective, gold rebounded from a low last Friday and closed at the Zhongyang line. From a disk perspective, the gold price trend last Friday was similar to last Thursday. After the gold price fell briefly due to the impact of the data, there was a short-term buying trend. At present, the daily closing line is a yang, which ends the nine consecutive...
Gold's rebound from 1810 was originally expected to continue its rise this week, with the pressure measured around 1840 and 1850. However, due to the impact of the news, it has now broken through the 1855 pressure. Therefore, according to the technical continuation needs, the top can focus on the early stage. Pressure around 1880. However, the current...
The current spot price for gold on the global market is approximately $1,856 per ounce. The price of gold delivered at Comex New York in December was $1,872/oz. Gold prices rose after Israel refused to make peace with Hamas. Both Israel and Hamas appear determined to continue their attacks. Talks have begun between the EU, the US, the United Arab Emirates, Saudi...
I wanted to bring your attention to the recent gold gains you may have noticed, and to prompt a thoughtful pause in your gold trading activities. In today's economic climate, it's crucial to evaluate the inherent risks attached to geopolitical uncertainties before making any impulsive investment decisions. Recent global events have introduced significant...
#GOLD... at that time when attach on Israel that was weekend and market open with a gap of 20 points around, But at that time when USA announced that he will stand with Israel and attach on ghaza ,hamas and Putin said if USA attack I will distrou him, there is no move , why?? Something is going wrong. Will see what will be done from market, But technically we...
The trading ideas I gave you today are still mainly about long gold at low levels, and I remind you that today we mainly focus on the short-term support position to do long gold. The first support position we focus on is the 1853-1851 area, followed by 1847-1845 area.We could consider going long gold around this support area. At present, gold has fallen back...
Hi Traders, Friday trading just finished and my god, I was very surprised at how badly metals were beaten up... Granted Silver was the better of the bad bunch but still! Absolute massacre... Now you may be thinking? Surely gold will rebound now? Short answer... is maybe? Why am I saying this? - Here is the COT Report for this week. Non-Commercial ...
GOLD may have breakdown to daily support level as the market left a hige gap unchecked, there is very high probablity it may drop from 50% fib level to fill the gap as the the long term trend is down. The price on the lower timeframe currently has fromed a head & shoulder and my continue to drop to daily support level.
As Gold has retraced back to 78.6% of fibo level and would likely be falling from this price range the confluance for sell entries we have strong resistance level at 1864 to 1861 level also the confluance is we know that gold is in a downtrend and would return to its price level as in my anylisis gold is trying making lower high and would go for a Lowe low to...
After Hamas' surprise military attack on Israel last weekend, safe-haven demand for gold increased sharply. Thereby, December gold price increased by 18.40 USD, to around 1,863.40 USD/ounce. Besides, the gold market is also being affected by US macroeconomic data about to be announced this week. Daniel Pavilonis, senior commodity broker at RJO Futures, said that...
The trading ideas I gave you today are still based on long gold at low levels, and I remind you to do long gold around the short-term support position today. The first support position we focus on is the 1846-1844 area.We were long gold around this area. Gold has now successfully touched my expected profit target position of 1854. Congratulations to all of us on...
Hello, according to my analysis of the gold market. Gold is still under pressure from sellers despite the recent events that caused gold to rise strongly on this day. We notice the formation of a descending channel. There is also very strong resistance at 1895. good luck for everbody
That's what I see For #GOLD. GOOD LUCK>>> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research...
Yesterday, I and everyone made a summary of our transactions in the past three months. In the past three months of transactions, although we sometimes suffered losses, overall, we achieved pretty good results.We made a profit of $170K. Although this number is not huge, I am still quite satisfied. Affected by the geopolitical situation, gold has so far reached...
NYMEX: WTI Crude Oil ( NYMEX:CL1! ), COMEX: Micro Gold Futures ( COMEX_MINI:MGC1! ) Over the weekend, military conflict in Gaza between Israel and Palestine shocked the world. I condemn violence against civilians and pray for the victims and their families. In the following paragraphs, I will discuss how the prices of strategically important commodities, namely...
Bear market rally is forming with Gold. We are seeing a somewhat recovery. But the overall medium term trend is down. And we need to act accordingly to the major trends. This is a normal Dead Cat Bounce. And the ONLY way it will prove me wrong, is if it breaks out of the downtrend which will start a new uptrend. So what could cause this uptrend? 1. Safe...