FOMC minutes, key notes Some participants commented that additional policy firming would likely be warranted at future meetings. Some participants stressed it was crucial that policy that the statement not signal the likelihood of rate cuts this year or rule out further hikes. Fed staff continue to forecast mild recession starting later this year,...
In terms of gold, swallowing the negative, the price continues to return to the previous low, which means that the probability of breaking the bottom is very high. Yesterday's rally high, hourly long black candlestick top, golden section 382 position, European market time point. But since the morning is not a rebound, but a sideways consolidation, then the only...
Gold bulls are fighting hard, the 1980 bulls are fighting for white, is there a V-shaped reversal Now gold is still a bearish trend, but it is supported by the early stage, adjusted and oscillated, the pressure above is the 1985 position, under this position gold is mainly high! The support below focuses on 1950, and the short-term market may maintain the...
Spot gold prices peaked in 1985 and fell below 1956. The remarks of Federal Reserve officials and the stalemate in the US debt ceiling negotiations caused the US dollar and US bond yields to continue to strengthen, which affected the decline of gold.At present, the dollar index remains stable and has been near 104; gold is currently near 1960-1965. It should...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Thank you to my customers for trusting me, today is a happy day. The price is still in the correction stage, and the short-term price will not gain a foothold in 1975 and will continue to fall. If you choose to believe me, don't question it. As long as you keep up with my signal, you can make more money.
Destiny gives us a low starting point, because it wants to see the wonderful comeback of us, not to let us fall down. Although the road under our feet is difficult, we can still walk. Compared with being born in the sun, we prefer to turn against the wind. Behind the pain is a gift, your life has reached the bottom, sometimes there is no way to go is the way ...
In the last analysis I said that the resistance level is in 1984, and then without a strong breakout in 1984, gold will continue to fall, which is a good short opportunity. As long as the direction is right, you can make money in any way Next, there will be a lot of trading opportunities for gold, and I will provide you with more signals, don't miss the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The fundamental news of the debt ceiling is still the key. It is worth noting that if the dollar rises due to the approaching deadline of the US debt ceiling, gold may experience a deeper pullback. If the debt ceiling is resolved, then gold will keep rising. From a technical point of view, gold is still short in the short term. 1950 below gold has become the...
Hi, according to my analysis of the gold market. There is a high potential for an upside from this area. It reached the bottom of the ascending channel. With very strong support at the 1950 level. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free...
Gold has been oscillating between 1983 and 1969 yesterday. Due to the strong rise on Friday, it has given enough operating points for short-term trading, so in yesterday's trading ideas, it is clear that there will be many high-level short-selling trading opportunities, but the overall trend of gold has fallen below the key support level of 1970, which is close...
Stagflation to take USD even higher The demand for goods and services across the world is facing challenges due to inflation and high input prices. This is impacting the purchasing power of consumers and profits of companies. However, the energy sector is less affected. The global monetary conditions are also tightening, which contributes to the current...
Fundamental Overview On Tuesday, XAU/USD experienced a drop to its lowest point of $1,954.22 during European trading hours. This was due to market concerns which increased demand for the American currency. However, gold was able to regain some of its value against the US Dollar and is currently trading at around $1,972. This marks the second consecutive day of...
The gold 1970 empty order has entered the market, continue to maintain the bearish thinking unchanged, the rebound is directly empty, and the bearish breaks a new low! Plan your trade, trade your plan! Now that gold is in an obvious downward trend, you can directly go short if you rebound in operation! The trend is down, just follow the principle of...
Fundamental Overview Gold price struggles to capitalize on Friday's goodish recovery move from the vicinity of the $1,950 level, or its lowest level since early April touched on Friday and kicks off the new week on a subdued note. The XAU/USD seesaws between tepid gains/minor losses through the early European session and currently trades around the $1,980 area,...
The triple top of the gold cycle and monthly line is now only rebounding, and there is no reversal trend. After the rebound, it will continue to fall. The downward line of gold is suppressed for 1 hour, and the moving average bears run downwards.Most of the rise in gold is not sustained, waiting for emotions to be released and continuing the original...
Recently, we have been emphasizing the triple peak of the gold cycle and monthly line. The current rise is only a rebound stimulated by the news. There is no reversal trend. After the rebound, it will continue to fall. The 1-hour downward trend line of gold is suppressed, and the moving average bears run downwards. Since the trend has not changed, it is that the...