Hello Karina's friends, At the opening of today's trading session, gold has started to decline slightly by around $10 from $2006 to $1996. However, on larger timeframes such as the 4-hour and 1-day charts, they are supporting an upward trend, and the 1-hour chart shows the same. It can be seen that after gold once again touched a strong psychological resistance...
KOG REPORT: In last week’s KOG Report we said we would like to see how the market opened and how the lower support regions 1975 and below that 1968 would hold up price. Based on these levels holding we suggested opportunities to long the market to firstly attempt the break of the 2000 level and then the target region of 2015. We gave the order region 1950-55,...
Dear fellow comrades, the price of gold has experienced significant fluctuations today as the financial investment community increases its demand for the "greenback." This has propelled the USD Index to reach 106.27 points, leading to a strong increase in the value of the US dollar. Meanwhile, crude oil prices have dropped to $83.25 per barrel. Moreover, the...
Dear friends, Gold has maintained its good upward momentum from yesterday's trading session, although the price has slightly decreased and is currently trading around $1970 - $1972. Selling pressure has increased after gold experienced a strong rally, with investors taking profits as the US dollar shows signs of a strong rebound. The situation remains...
Dear valued readers, The cryptocurrency market has experienced an impressive price surge, as the excitement surrounding Exchange-Traded Funds (ETFs) has driven up the price of BTC. At the time of writing, the cryptocurrency market is currently trading around $34,000, reflecting a 20% increase over the past seven days. The strong upward trend is reinforced by...
Hello dear friends! A new week has opened up with plenty of opportunities for us. Let's explore together with Karina <3 On the global front: - Political tensions in the Middle East remain unresolved and continue to escalate. - The Federal Reserve's decision to maintain a accommodative interest rate regime has helped support gold prices and alleviate market...
Hello dear friends. As predicted by Karina earlier, as soon as the gold trading session began, it immediately turned around and declined to the level of 1975 USD. Karina had previously mentioned that after breaking out of the trend channel, gold is likely to return to test the previous breakout area to confirm the official uptrend. Additionally, the price is...
Hello traders! Yesterday, gold received important information from the speech of the Fed chairman, and it reacted strongly as the price continued to rise and is currently trading at $1886, an increase of about $13 in a day, reaching the previously set target of $1970. The recovery of the precious metal is supported by the decline of the US dollar (USD) after...
Hello traders! After a tremendous increase in the price of gold last week, reaching an impressive figure of up to 1996 USD, we are now witnessing a slight decline in this precious metal at the beginning of this week. Currently, gold is trading at 1970 USD, experiencing a decrease of approximately 10 USD in a day. From analyzing the gold chart, it can be seen that...
TVC:GOLD On the previous Quarterly Idea released as a macro/investor POV for TVC:GOLD , a *3M(monthly) area was given as an entry point in terms of market structure. We received a great entry on a Quarterly Level *3M. Salute to everyone of you who took action upon it. Sure did the members of bingX copy-trade community. " Where 2 Next for TVC:GOLD !?...
Dear beloved friends, Currently, the price of gold is experiencing an upward trend, reaching above the threshold of $1,900 per ounce in the trading session on October 13th. It has closed at its highest level in three weeks, driven by the escalating tensions in Israel, which have increased the demand for gold as a "safe haven" during times of uncertainty. As the...
Hello dear friends! Today, EURUSD continues to trade quietly around the resistance area of 1.0577, and it seems that there is no clear trend in place for the day. However, from the chart analysis, Karina noticed that the price of EURUSD is gradually narrowing along with the movement within the range of the EMA 34 and 89. Therefore, the price is not expected to...
Hello dear friends! Today, the price of gold is fluctuating around $1,950 after retreating from its two-month high of $1,962 in early Thursday trading. The recovery of the precious metal is bolstered by increasing geopolitical tensions in the Middle East, which are driving safe haven flows. In the short term, the 4-hour chart indicates a potential downward...
IF you had been following the series of The Gold Odyssey, you would know how well the probabilities are in the analyses. To the point, Gold is ready to break its almost three year consolidation (huge) range. 1. You can see the powerful reversal off the mid-range support; 2. The candles show and project good momentum to follow through; 3. A trend line breakout...
Hello dear friends! The golden week has experienced a powerful surge as its price reached $1932. Currently, in today's trading session, the downward trend continues, although there is a slight price correction at $1911. With the potential to create a DOW from the chart, using Fibonacci retracement, the decline has reached the perfect level of 0.618, which is at...
After literally months of waiting, we finally signaled that gold had reached some attractive price levels on 2nd October 2023. Subsequently, gold bottomed out in the next four days and rose more than $150 from its lows. While these gains are impressive, we are starting to grow very skeptical about how much higher gold can go from the current level. That’s because...
Hello dear friends! The price of gold is consolidating its strong upward trend, reaching a new monthly high of $1,940 at the start of Wednesday. Increasing political tensions between Israel and Hamas, along with positive economic data from China, have boosted the demand for the precious metal. The next resistance level can be seen at the highest point on...
Hello dear friends! Let's explore and share our opinions here. Gold has made a significant recovery above the $1857 mark. The precious metal continues its journey to conquer $1880. Due to concerns arising from the Israel-Hamas conflict, investors have been prompted to buy more. Wednesday and Thursday will bring us market news. As a result, the short-term surge...