XAUUSD Gold is trending bullish, an ideal entry would be on a 61.8% Fibonacci retrace off the current price swing. Not financial advise.
Taking a long position as previous daily closed above resistance. Based off 4hr charts Confirmations 1. Daily closed strongly above resistance 2. Daily opened up no top wick 3. Hourly closed above resistance, struggled to break 1:2 RR
Gold hovering a little above our 'selling confirmation' zone, but it is very close to activating our sell order. Be patient & letting market structure do its thing, rather than rushing into a sell & being stopped out. A high probable trade if price activates our sell stop!
Are we finally seeing a breakout on GOLD? Watching PA since position was held overnight There was no unwanted volume in the market. Today will be a volatile day in the market as we have: LDN & NY session: 1: United Kingdom GDP data 2: United states Jobless claims & PCE price date Could this data send PA to 2220 area again? Or would price be dovish ? Lets...
Gold is under pressure as the USD bounces up, waiting for the US core PCE report Gold sweeps two-way as the market awaits the core PCE report, the Fed's favorite inflation gauge, tomorrow. During the March 27 session, gold climbed above $2,193 before falling to $2,183 when the USD rebounded and then recovered and ended the day at $2,192 when US government bond...
Yesterday, the United States released some inflation data indicators. After experiencing the worst year for real estate sales in the past three decades, house price growth accelerated in January, with house prices in 20 major cities rising by 6.59% year-on-year, higher than the 6.2% increase in December last year. increase. Other economic data showed that U.S....
Although the price increased yesterday, the D1 gold bar created a very large bearish pinbar, with a very long upper shadow and closed less than 1/2 of the range, closing inside the previous price bar, which was also a bearish pinbar. Such price behavior reflects the weakening of the upward price momentum, suggesting the possibility that prices may continue to...
FORECAST - OANDA:XAUUSD - The Fed held borrowing costs unchanged and continued to indicate it would deliver three rate cuts this year - The dovish policy outlook weighed on the U.S. dollar and yields, boosting gold prices For context, the FOMC kept borrowing costs at their current levels at its March gathering, reaffirming its intention to implement 75 basis...
Gold price today, March 22, suddenly went down in the context of the USD reversing its price and US stocks rising sharply. After setting a record level of 2,211 USD/ounce in last night's trading session, today's world gold price plummeted 30 USD to 2,181 USD/ounce at 6:00 a.m. on March 22. Gold prices weakened today in the context of the Swiss National Bank...
World gold spot price is around 2,165 USD/ounce, down more than 16 USD/ounce compared to the same time yesterday morning. Gold prices on the international market continue to decline because the USD has not stopped its rise. Specifically, the Dollar-Index - measuring the strength of the greenback compared to 6 major currencies, increased sharply by 0.42% to...
GOLD these days I will advise following each trends. Because presently the Gold Candle may be very clean to lower in keeping with Price Action. In this direction, GOLD can growth at any time > With the Falling Gold Rate, the entire Canh House sells Gold round 2194>2198 SL 2202 TP2186>2180 With Buy Rhythm, anyone waits for comments on key frames consisting of H1...
Yesterday, gold shimmered in green, touching a peak of $2,200 during the overnight session for North American traders amidst a softer US Dollar. As Wall Street came to life, the Greenback prolonged its recovery phase, while a dip in US Treasury yields allowed the lustrous metal to sustain its verdant glow. The 4-hour chart hints at easing upward pressure, with...
Sure, let me rephrase that for you in a more engaging tone: "Welcome to today's golden insights, fellow traders! 🌟 As the dawn of Wednesday unfolds, the lustrous gold has taken a modest step back, hovering around $2,170 despite yesterday's leap toward the $2,200 mark. The greenback is flexing its comeback muscles, yet the Treasury yields seem to wobble amid the...
Investors are watching for US financial records to be launched later this week to greater definitely decide whilst americaA Federal Reserve (Fed) will start its hobby fee discount cycle. Recently, indicators have end up an increasing number of clearer approximately the opportunity that the Fed will lessen hobby quotes at its assembly in June. According to...
At the stop of the buying and selling consultation on March 27, the spot gold settlement expanded 0.5% to 2,189.89 USD/oz. Gold futures contracts introduced 0.6% to 2,212.7 USD/oz. Core US non-public intake expenditures (PCE) fee index statistics for February might be launched on March 29. This index expanded 0.3% in January 2024. “We must see whether or not US...
Dear friends, gold fell into a volatile market again after touching around 2198 during the day. During the decline, it only touched as low as around 2184 before rebounding again. The current trend of gold looks very strong. Will gold still fall? In fact, we need to pay attention to one detail. Gold fell back immediately after touching the 2198 position. The...
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Signal For 28 Mar 2024 Trade Idea 1 BUY LIMIT Order: $2185.58 Stop Loss: $2173.24 Take Profit 1: $2197.68 Take Profit 2: $2204.25 Trade Idea 2 BUY LIMIT Order: $2182.73 Stop Loss: $2173.24 Take Profit 1: $2197.68 Take...
On Wednesday, Japan's Ministry of Finance, Financial Services Agency and Bank of Japan held an emergency meeting to discuss the financial market. Makoto Kanda warned the market that he might intervene in the market. The USD/JPY and US dollar index subsequently turned from rising to falling. The decline in the U.S. dollar index in turn boosted the gold...