✍️ NOVA hello everyone, Let's comment on gold price next week from 12/2 - 16/2/2024 🔥 World situation: Ending the week, Gold price sideways around the price range above $2020 - $2040. Continue to accumulate, waiting for more news on US inflation data Next week will see a lot of notable news such as: CPI, Empire State Manufacturing Index, Unemployment...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is consolidating within a narrow range around the $2035 region per troy ounce during the early trading hours in Asia on Friday. At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is recovering and...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is struggling to take advantage of yesterday's positive movement and is trading with a slight negative bias as we head into the European session on Wednesday. The stronger economic data from the United States, coupled with the recent hawkish comments from several members of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a narrow range. It is consolidating after experiencing losses and reaching a one-week low around the $2,015 mark on the previous day. While there is a slight decrease in global risk sentiment,...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to experience selling pressure for the second consecutive day on Monday. It appears susceptible to extending the retracement slide from the $2,065 region, which marked a one-month peak. The strong US jobs report released on Friday confirmed market expectations of...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/2 - 9/2/2024 🔥 Identify: After the information that interest rates will continue to remain the same and not decrease in March. Selling pressure has increased, Gold prices have not been able to have strong growth and continue to sideway above the $2000 price range. Some important news worth...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The financial markets are anticipating that the Federal Reserve (Fed) will maintain interest rates at a range of 5.25–5.50% during its upcoming January meeting. However, traders will closely watch the press conference for any indications from Fed Chairman Jerome Powell regarding a potential rate cut in...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Furthermore, the most recent political changes in the Middle East have resulted in a resurgence of non-profitable metal prices following the Houthis' assault on two American-flagged Maersk vessels that were under the protection of the US Navy. Overall, those involved in the gold trading industry are...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian session on Thursday, the price of gold (XAU/USD) has slightly increased and recovered some of the significant losses from the previous day. However, there is a lack of strong bullish momentum. The US Dollar (USD) is struggling to take advantage of the rebound it experienced from a...
chance to reach to next support level,before a new month...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: This week's main events to watch out for include the release of the US Gross Domestic Product (GDP) for the fourth quarter on Thursday and the Core Personal Consumption Expenditures Price Index (Coe PCE) on Friday. If the US data shows weakness, it is expected to influence the Federal Reserve to adopt a...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is facing renewed selling pressure at the start of the week, putting a halt to its two-day recovery from the $2,000 mark. This level is considered a psychological threshold, and the price had dropped to a one-month low last Wednesday. Last week, positive macroeconomic data...
✍️ NOVA hello everyone, Let's comment on gold price next week from 22/1 - 26/1/2024 🔥 Identify: The prosperity at the end of January 2024, political and military tensions in the US economy helped Gold prices recover slightly, but not for long. Next week, important economic data such as PMI, GDP... can continue to help Gold prices recover further before...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving within a limited range during the Asian session on Friday and continues to stay close to a low point reached earlier this week, around the psychological level of $2,000. The Middle East is experiencing heightened geopolitical tensions as Pakistan conducted...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Federal Reserve (Fed) Governor Christopher Waller stated on Tuesday that the Fed has the ability to decrease the target range for the federal funds rate in the upcoming year. Waller emphasized the importance of gradually and cautiously reducing the rates once the appropriate time arrives. Based on the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: On Friday, investors will pay close attention to the economic data coming out of China. It is predicted that the Consumer Price Index (CPI) for the nation will decrease by 0.4% compared to the previous year in December. Similarly, the Producer Price Index (PPI) is expected to drop by 2.6% year-on-year,...
Hello everyone, what do you think about the price of gold? Today gold does not have too many fluctuations, mainly around 2030 USD and the trend is still stuck in a downward trend! About gold trading strategy: -On the analysis chart, gold is limited below the resistance level of 2036 USD and confluences with the two EMA lines, so the downtrend is even more...