On Monday, the price of gold experienced a rebound as market participants deliberated over the trajectory of interest rates in light of recent US employment indicators. According to Friday's data released by the Bureau of Labor Statistics, the US Nonfarm Payrolls report indicated that 175,000 individuals secured employment in April, falling below market...
Was looking to buy gold earlier but my rule is to let a 15 min timer after news expire so to allow for a cool down.. Would have already been in profit though. Rules are Rules As im typing this the order triggered, updates as follows
Yesterday we were at 2318 Sell, but the gold price still fluctuated slowly, with the lowest falling to around 2306. The profit margin is not bad. Judging from the gold price fluctuations in the past two days, gold prices are currently in a shock adjustment stage, with the fluctuation range between 2320 and 2300. Today's opportunity for a breakthrough is likely to...
Hi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and in a short time declined to the support level, which coincided with the support zone, breaking the resistance level. But then, the price turned around and made an upward movement to the 2345 level, which coincided with the resistance zone and even rose higher...
After the Federal Reserve kept interest rates unchanged for the sixth time and announced it would slow down the pace of balance sheet shrinkage, gold prices rose sharply above the $2,300/ounce mark and remained above this key price level. , and also achieved the target adjusted increase in publishing the previous issue sent to you. Market news and reviews The...
OANDA:XAUUSD is still trying to operate above its $2,300 base price after Thursday's wild swings, with the market focusing particularly on non-farm payrolls data to be released on this trading day. ADP jobs data exceeded expectations in April and March data was revised upward, suggesting the US labor market remains strong and stable. The US ADP jobs report...
Bullish Factors for Gold: ( HIGH JOBLESS CLAIMS Folders ) Negative for dollar news Decreasing Treasury Yields: If there's deflationary data leading to decreasing Treasury yields, investors may flock to gold as a safe-haven asset amidst economic uncertainty Increasing Unemployment: Rising unemployment signals a cooling or contracting economy, prompting investors...
Yesterday, our 2322Sell signal made profit again. Unfortunately, the market fluctuated very slowly yesterday and did not reach TP1:2308 until the early morning. Today, the market is still relatively strong for shorts, so today’s focus is still on the high Sell during the rebound. Gold's rebound is a chance to go short. Until the trend changes, gold's rebound is...
Today, the price of gold is hovering around $2309, showing a downward trend as the US dollar has risen approximately 4% against the basket of six major currencies. Despite the strong global demand for precious metals, particularly in Asian regions such as China, India, and South Korea, the robustness of the USD continues to exert downward pressure on gold...
The Gold price chart on the H1 timeframe shows a precarious situation. Bullish speculators face skepticism after failed attempts to break free from a short-term downtrend. Gold now hovers around the $2300 USD/oz support level. Expectations of a rapid price surge to historical highs above $2400 USD seem distant. Traders await significant catalysts, such as the...
Preferred direction: BUY Comment: As noted at the beginning of the week, the prospects for metals are quite vague, but it is still possible to make more assumptions about growth. The nearest serious resistance level is located at 28.69664 , where growth is considered. Both scenarios are depicted in the graph. Scenario №1 is the most likely, and here it is...
Hello Traders, It has been more than 5 months from my last posted ideas. How do you do? Let Enjoy Gold Roller Coaster Ride!
Buy gold now is on upwards trend. Follow us for more forex signals
Buy gold now is on upwards trend. Follow us for more forex signals
We’ve noticed a change of trend on gold. OANDA:XAUUSD FOREXCOM:XAUUSD TVC:DXY Based on the monthly timeframe we have a bullish small body with a big wick which the new candle has to fill in the price. Meaning bullish momentum is still present. Trading is reactive and not predictable, this is only a trade idea. Use proper risk management. Happy trading.
Due to delays this morning, I missed the opportunity to short gold. But fortunately, we also made a lot of profits in long gold transactions, which made up for the regret of missing the short gold profits. Today we added long gold positions near 2314 and 2307 respectively. During the rebound, gold hit the highest position near 2321. Even if we closed the position...
The above resistance level will be the focus on today's gold price chart. If successful, bulls will hope to bring the price back to its historic peak above the $2,400 mark. However, it is difficult for short sellers to see the above scenario happen easily, especially when their potential target around the $2,305 mark has not yet been completed. In terms of...
From the previous day till now I see Gold`s Bien transferring round 10>15 in price. There are 2 regions that I assume so long as Gold breaks, it's miles very possibly that the Trend will run in that unique direction. >With cutting-edge Gold breaking via the 2020>2022 Zone, it's going to maximum possibly boom sharply to 234x. >On the contrary, if cutting-edge Gold...