Gold prices rose rapidly in the short term on Thursday. Although the U.S. 10-year Treasury bond yield climbed 13 basis points to 4.95% on Wednesday and the U.S. dollar index rose 0.24% to 106.79, the gold price seemed unaffected by the recent strength of the U.S. dollar. Hitting a one-week high above 1985. According to the description of gold's K-line chart...
Yesterday, the price of gold rose to an intraday high of 1993.52 during the European trading session, but then fell back, finally closing up 0.26% at 1984.74. From a fundamental perspective, the trend of spot gold prices is affected by multiple factors. On the one hand, global economic instability, geopolitical tensions and uncertainty in financial markets will...
❤️ Hello all traders. Hope you have a nice weekend. Here is some gold information next week ➡️ The ongoing surge in gold prices is likely to persist, given the persistent tensions in the Middle East. Commodity strategist Daniel Ghali from TD Securities Company has pointed out that the potential for increased gold acquisitions remains high if the Middle East...
Gold rebounded near the four-hour lower track support yesterday. It once touched the $1977 line during the session, then retreated to $1970, and finally closed with a cross line. From a disk perspective, the daily chart shows a double cross pattern, indicating that the market is repeatedly reaching tops, but the bullish power has not completely subsided. Last...
Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. GOLD had a bullish bounce off the light blue trend line at $1,808 on Friday October 6...
For gold, I have two possible scenarios that could play out this week. As we've seen a huge impulsive move to the upside recently, we are now expecting price to drop in order to fill in the imbalances and take out the liquidity that was left below. Currently, it's in a very good daily supply zone that caused a CHOCH to the downside on (may 23rd.) Hence why I am...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Recent spot gold trend is strong, the situation in the Middle East brought about by the risk aversion to the gold price constitutes obvious support, gold bulls stood on Friday 2000 US dollars, once on the 2008 US dollars. On the evening of the 28th, Israel again bombed a house in Gaza. On the 27th, the United Nations adopted a draft resolution on the...
GOLD and War New forecast Gold prices stabilized on Friday, supported by continued demand for safe havens fueled by tensions in the Middle East, while investors awaited the Federal Reserve's monetary policy meeting scheduled for next week. Israeli forces carried out their largest ground attack in Gaza during their 20-day war on Hamas during the night. The...
OANDA:XAUUSD for the week, I expect price to be bullish to about 2048, so for everyday of the week, I look to go long. My idea
MY analysis on GOLDUSD this could take a year or so to actualize. However, this is what I see price doing anytime soon.
🟢Gold saw its second consecutive day of gains today, following yesterday's positive performance. On the daily chart (D1), the price exhibited significant upward momentum, with a wide trading range, but it closed approximately halfway between the high and low, forming a spinning top candlestick pattern. This pattern, known as a Spinning Top, typically indicates a...
Last week ⚜️Gold⚜️managed to trigger the Bearing daily Order Block. The Order Block mitigation✅ took place between the 0.71 and 0.79 OTE. Starting from tomorrow 30 October 2023 traders should be prepared for⏬ SELL⏬ Opportunities.I advice traders to wait for the Reversal Structure to form at the 15m timeframe. Target Pips: 195 ✅(3.3RR) 🚨Caution 🚨 Stoploss Pips : 59 ❎
This week will be a very tricky one. My long term bias is still bullish but I am very cautious about the current price and we will see why later. In my opinion it is too high to buy and too bullish to sell. The last few days of the month are very manipulated, so the price could move very strangely. Banks may use the NFP to take profits and create a bearish...
GOLD New forecast The price of gold maintains its stability above the 1977 level, and moves within the ascending channel that appears in the chart above, as it relied on the support of this channel and awaits the resumption of the expected ascending wave in the immediate and short term, which mainly targets the 2000 and then 2016 levels. Keeping in mind that...
The gold trend will continue to rise, but we will need a correction to continue the route, and the demand zone is where the price will throw up.
HELLO TRADERS,, As you see see our previous analysis on gold is running according to our analysis i am expecting more bullish trend will continues if Israeli & Gaza war spread day by day and here as we can see we are going to closing of monthly & daily candle near a resistance zone fundamentally Gold is showing us clear view that traders and investors are...
Gold saw an increase in value yesterday, but it formed a Spinning Top candlestick pattern. This pattern, known as a Spinning Top, indicates a balance between supply and demand throughout the trading day. The D1 candle closed above the upper boundary, possibly signaling an overbought situation, which could lead to a potential downward correction. Additionally,...