Gold , known as "the safest hedge against inflation" is looking promising with the current banking crisis occurring. People are scared of banks and see Gold as a safest investment as a store of value without relying on the banks or without having USD. Some economical factors that influence the price of GOLD with the current inflation at 5%: -Inflation hedge: As...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate....
Gold retreated marginally from all-time highs as US T-bond yields edged higher. Near-term technical outlook shows XAU/USD is still overbought. The Fed will announce policy decisions and publish the dot plot this week. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price...
Hello Traders! This is My idea related to Gold H1. The bearish sentiment is still strong for short positions, that's why I will look for a long entry after I see a small retracement. I expect a confirmation of closing a FVG on a smaller timeframe. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to...
Gold retreats to $2,160 as US yields rebound Gold lost its traction and retreated to the $2,160 area. Following a downward correction in the European session, the benchmark 10-year US Treasury bond yield recovered to 4.3%, making it difficult for XAU/USD to hold its ground. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate...
Gold lost its traction and retreated to the $2,160 area. Following a downward correction in the European session, the benchmark 10-year US Treasury bond yield recovered to 4.3%, making it difficult for XAU/USD to hold its ground Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the...
Gold lost its traction and declined toward $2,160 in the early American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 0.5% on the day above 4.2% after producer inflation and Retail Sales data from the US, weighing on XAU/USD From a technical perspective, any subsequent move up is more likely to confront some resistance near...
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven....
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven....
Gold prints an all-time high near $2,200 Further upside sees prices of the yellow metal advance past the $2,190 mark per troy ounce at the end of the week against the backdrop of the weaker Dollar, marginal moves in US yields and rising bets of an interest rate cut by the Fed at its June event. Gold price (XAU/USD) extends its upside around $2,165 after reaching...
Hello guys! I am looking a good sell from here on xauusd my take profit which I am looking at was 2088. Let's rock together I want you all guys win just win just in blueeeees!
Gold Xau Last Phase Accumulation incoming 👇 "Way from 1500 to 4100" (+175%) OANDA:XAUUSD ⏰ TimeFrame 1 Month 👉 Go to last phase accumulation 👉 White Trace 👉 Green Trace 👉 EMA 200 1M (White) 👉 Fib Measure as pattern "ExPanding Triangle" ( blue stick ) 👉 Potential +175% ✔️Logarithmic (Log) Chart & Fib
Gold gained traction and advanced to its highest level since early February above $2,040 on Thursday. The benchmark 10-year US Treasury bond yield drops toward 4.2% after US PCE inflation data, providing a boost to XAU/USD.As I wrote on Wednesday, “Gold is trading sideways as XAU/USD has failed to break above the $2,035 psychological resistance level for the last...
Higher timeframe outlook for gold most likely scenario now is short period of back and forth, or a bit deeper pullback, in both cases followed by new bullish continuation. Look at LTF for further confirmation
Hello Traders! This is my idea related to GOLD H1. I see that we are in a bearish channel and at the moment, I would like to see a retracement from the resistance level. I will look for a short entry if I will see a confirmation of a bearish market structure. I expect that we will reach the PWL and my target is 1975. Traders, if my proposal resonates with you...
This is my next Gold Trade idea for Asia Session. Looks running nice. What do you think traders ?
Gold price continues its winning spell for the fourth straight trading session. The precious metal attempts to deliver a decisive break above the 20 and 50-day Exponential Moving Averages (EMAs), which trade around $2,020. Gold price (XAU/USD) extends its bullish streak for the fourth straight trading session on The triangle could breakout in either direction,...
Hello Traders! This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I...