The gold marketplace is being substantially stricken by the Fed`s coverage stance at the duration of time it takes to reduce hobby rates. Experts say that US inflation reviews are nevertheless now no longer as anticipated. Thereby, the timing of the Fed's hobby fee reduce is unclear. According to the Wall Street Journal, gold's restoration during the last...
After only 2 consecutive falling sessions, world gold price (XAU/USD) has dropped more than 100 USD if calculated from the high on May 22. Since the historic peak of 2,450 USD, XAU/USD has dropped more than 120 USD in just 4 sessions. Gold has been at a disadvantage since Wednesday's hawkish FOMC meeting minutes. Just yesterday, preliminary PMI data were released...
Hello dear traders! On the 2-hour timeframe we see a trend change, then the market moves into a correction and distribution phase and reaches 2355 USD. Accordingly, the USD 2350 resistance area continues to hold the price amid correction and sell-off. I expect that after a retracement and retest of local liquidity areas, the price reaction to liquidity areas will...
Gold (XAU/USD) has just reacted off the pivot which has been identified as an overlap support and could potentially rise to the 1st resistance. Pivot: 2,328.50 1st Support: 2,287.12 1st Resistance: 2,373.25 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
A Great Selling Opportunity Goals : - 2300 - 2200 - 2160
By examining gold in the 1-hour time frame, we can see that the price experienced a heavy drop after yesterday's analysis, which was due to the fact that the Federal Reserve announced that the interest rate will remain high for a longer period of time! Currently, gold is trading in the range of $2367 and there are very important supply zones in front of it!...
Hello traders! I am loogin a good buy area from 2328 and my target is 2345 let's make this trade turns into profitsss!
Gold continues to fall sharply today. In recent days, we have basically maintained a short trading rhythm, so the profits we have made recently are still very good. Today we shorted gold near the 2368 position and successfully hit TP: 2357; just now we went long gold near the 2342 position and successfully hit TP: 2350 during the rebound of gold. Today, both the...
#gold #xauusd chart gave a bullish divergence in short term. A bounce is expected if there'll be be not any bad news to be added. Not financial advice.
✅GOLD broke the rising Support line and the breakout Is confirmed so we are Bearish biased and we Will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Hey Everyone, Our 1H chart update yesterday completed the bullish targets followed with the drop shared yesterday completing the bearish targets. We got the swing range bounce, as part of our plans to buy dips and now broken the swing range on the 1h chart. However, Switching to our 4h chart, we can see after completing all our bullish targets, we got the cross...
XAUUSD possible forming a triangle pattern in wave B (Red). Lock your short position to risk free with price set to breakeven.. if you were short at 2428 +/- from last ideas and let the profit run
The Federal Reserve's monetary policy is hawkish, and some officials even stated that they can continue to raise interest rates if inflation rises, causing a large-scale withdrawal of market interest rate cut expectations. Gold has plummeted all the way, and the current lowest has reached around 2355.Although gold has rebounded in the short term, the overall...
Data showed US consumer prices rose less than expected in April, raising the possibility of an interest rate cut by the Federal Reserve, the dollar weakened and US Treasury yields fell, gold prices rose because expectations of interest rate cuts will make haven assets like gold more attractive. A gauge of core U.S. inflation cooled in April for the first time in...
OANDA:XAUUSD after a correction on Thursday, it remained within a short-term uptrend and the market was affected by some comments from Fed officials. Three senior Fed officials said the central bank should keep interest rates high longer as policymakers await more evidence of slowing inflation, suggesting officials are in no rush to cut interest rates....
Based on the 4H Chart SLO2 @ 2441 📉 SLO1 @ 2424 ⏳ TP1 @ 2391 TP2 @ 2363 TP3 @ 2343 TP4 @ 2311 BLO1 @ 2304 ⏳ BLO2 @ 2285 ⏳ This is an Intermediate Time Frame trade (4 hours to 6 day): — Offers a clearer picture of the underlying trend compared to short-term frames. — Provides more opportunities for confirmation signals and technical analysis. — Allows for...
My dear friends, Please, find my technical outlook for GOLD below: The price is coiling around a solid key level - 2422.9 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2378.6 Safe Stop Loss -2451.4 About Used Indicators: The...