TVC:GOLD Gold prices print a three-day streak up near 1960$ as the US Dollar remains bearish early Wednesday. In doing so, the precious metal also cheered hopes for more stimulus measures by China and cautious optimism in the market amid Federal Reserve policymakers (Fed). ) no speech due to blackout before FOMC, as well as due to lack of schedule.
Gold price...
While the United States labor market report defends downside bias for the Gold Price, the policymakers’ ability to avoid the ‘catastrophic’ default keeps the metal buyers hopeful, especially amid the downside US Dollar and Treasury bond yields.
Gold Price technical analysis
Gold Price has a bumpy road to travel towards the south despite reversing from a...
TVC:GOLD prices are heading towards a sustainable break above $1980 as Fed policymakers are divided over June's interest rate policy.
Fed Harker and Jefferson support a pause on policy tightening while Fed Mester sees no reason to pause.
TVC:GOLD price is accumulating strength to break above the horizontal resistance at $1984.25 after breaking the...
TVC:GOLD Our Technical Confluence Indicator Signals Gold Price Retreating From A 1965 Resistance Confluence Including Fibonacci 38.2% In One Day And 61.8% In One Week, As Well As 23.6% In One Day month.
That said, the quote now seesaw around the 61.8% Fibonacci for a day, around $1,960, a break of which would see a bumpy road before testing the $1,950 support...
TVC:GOLD Gold prices attracted some buyers in the vicinity of the 100-day Simple Moving Average (SMA) and produced a modest recovery from the 1935-1934$ area or two-month lows touched the previous day. . GOLD bounced back above 1,950-1953$ during the early European session and now, seems to have cut a two-day losing streak.
From a technical perspective, any...
TVC:GOLD Gold price (XAU/USD) marks a zigzag move around daily bottom near 1942$ as bears continue to take control.
Gold price struggles to defend the recovery from 2.5-month horizontal support around 1932-35$ amid below 50.0 of the Relative Strength Index (RSI) line, set at 14 , which indicates a lack of bullish momentum.
Adding strength to the bearish trend...
TVC:GOLD From a technical perspective, some selling below the daily low, around the 1,935 area, would be seen as fresh trigger for bearish traders. Gold price could then accelerate its decline towards the 1,918$-1.920$ intermediate support before finally dropping to the $1,910 circular mark.
On the downside, the 1,945$-1,950$ area is likely to act as an...
hi guys
as you see after last confirmed low and high
market already has taken out the inducement and has created an order block
which is 0.768 retraced
we can expect here for the sell an a day trader after breaking the 1m low
tell me what you think....
OANDA:EURUSD The daily chart shows EUR/USD closing below 1.0775, suggesting further weakness. While there may be some consolidation, the common direction could be downwards.
The 100-day simple moving average (SMA) is flat, about to turn bearish, currently hovering around 1.0810, reflecting three bearish weeks.
Expected to have a strong bounce after a series...
TVC:GOLD Gold price extended its downtrend below the immediate support of 1,930$ during the Asian session. Earlier, the precious metal showed a vertical decline after sliding below the 1,955$ cushion as the US economy was moving closer to default amid a divergence in views on the budget between the two countries.
Gold price has turned out of balance after...
TVC:GOLD I expect a bounce and it will return to the zone between 1940$ and 1930$
Gold price (XAU/USD) failed to defend the immediate support at 1975$ during the Asian session. The precious metal fell sharply as Federal Reserve (Fed) policymakers were confident the central bank would raise interest rates more in its fight against persistent US inflation.
Gold...
TVC:GOLD Gold price (XAU/USD) changed its position below 1965$ during the Asian session. The precious metal is looking to fall more as the US Dollar Index (DXY) is looking to refresh its 10-week high to 104.00 coming.
I expect it to return to the old high of this day last month at 1972$ and give us a nice selling point. And when it is in a downtrend, it will...
TVC:GOLD Gold price (XAU/USD) struggles to defend the previous day's corrective bounce from key short-term support line, bid slightly around 1.980$ level early Wednesday. In doing so, the precious metal awaits more clues to cheer the latest pause in the US Dollar's rally to multi-day highs as Federal Open Market Committee Meeting Minutes (FOMC) appears.
I...
OANDA:EURUSD EUR/USD gained traction and headed towards 1.0810 during the European session on Wednesday. Although the German IFO survey showed worsening business sentiment, the improvement in the Expectations Index helped the Euro find demand.
On the downside, EUR/USD could extend the recovery and target 1.0835 (50-period SMA) and 1.0865 (38.2% Fibonacci...
Today my friend called me, not long ago, after a couple of minutes of conversation, he asked me: "what do I think about the price of observation and should I buy it now"
My answer:
1. Price dropped 78% from high
2. the average statistical cycle of the fall is passed
3. We are at or near the bottom whether you buy 16k or 12k, in the long run, won't matter
4. I...
TVC:GOLD Gold prices (XAU/USD) remain at an intraday low near 1,960$ as it falls for the second day in a row while reversing Friday's corrective rally early Tuesday in Europe. In doing so, the precious metal bears the weight of a firmer US Dollar ahead of the first readings of the Purchasing Managers' Index (PMI) for May from leading economies including the...
TVC:GOLD Gold price (XAU/USD) failed to defend the immediate support at 1975$ during the Asian session. The precious metal fell sharply as Federal Reserve (Fed) policymakers were confident the central bank would raise interest rates more in its fight against persistent US inflation.
Gold prices are expected to plummet after breaking below the demand zone placed...
#CANFIN HOMES... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
