Hello dear friends! The trading week is coming to an end, and how has your trading been? Karina hopes that everything you're doing is going well! Now, here are some analyses from Karina about today's market. Regarding the information impacting gold: - Conflict in the Middle East - Speech by the Fed Chairman on the 19th/20th The results of the information:...
Dear beloved friends, Currently, the price of gold is experiencing an upward trend, reaching above the threshold of $1,900 per ounce in the trading session on October 13th. It has closed at its highest level in three weeks, driven by the escalating tensions in Israel, which have increased the demand for gold as a "safe haven" during times of uncertainty. As the...
Xau usd will make price higher the parabolic curve pattern with 4 base make gold will reach new all time high With 4 base and the last drop
GOLD has significantly rallied above 1980 recently after a massive sell off seen last week. The gold showed up an expanding channel breakout recenly and here we see a possible sell zone over the current market price levels which cause gold to dump and experience severe damage to its price. Here we expect a reversal on the resistance formed in order to retrace back...
Dear friends, Today, Gold rose nearly $30 due to escalating conflicts in the Middle East and the possibility of the Fed halting interest rate hikes, just as predicted yesterday. As a result, financial investors are concerned about the risks and have started selling stocks. Consequently, the US and European stock markets are engulfed in red. The Dow Jones index...
The price of Gold reached a new high in 4 weeks at $1,943 on Wednesday before entering a consolidation phase. Despite a slight decline, the Gold price remains steady around $1,930, currently trading around $1,935. Gold traders are anticipating a series of speeches from the Fed for the next price hike, preparing for Federal Reserve Chairman Jerome Powell's speech...
Hello everyone, Precious metals experienced a slight correction today, with a decrease of $20 or -1.04% compared to the previous trading session. Gold price forecast: 14 Wall Street analysts participated in Kitco News' gold survey. 72% of the analysts expect gold prices to increase in the near future, while 14% predict a decrease and the remaining 14% believe...
Dear friends, today Gold continues to rise strongly due to its close relationship with the rapidly increasing oil prices. The price of Brent crude has reached over $92 per barrel, while WTI crude has surpassed the $88 per barrel mark. At the time of writing, Gold is trading around $1948 - $1950. It can be seen that Gold is trading relatively calmly with a stable...
The conflict between Palestine and Israel is currently raging, and at the same time, the situation in many places is tense. Yesterday, gold hit a new high price of 1977. It seems that nothing can stop gold from continuing to rise. Immediately after Biden speaks, I think gold will rise again after correction, but it may also It’s so crazy that it goes up directly....
The relationship between the Euro (EUR) and the US Dollar (USD) is maintaining a tight range below 1.0600 towards the end of the week. The lack of significant data releases is contributing to the cautious market attitude, which is supporting the strength of the US Dollar. This situation makes it challenging for the EUR/USD relationship to gain momentum. Over the...
In the past few days we have seen how OANDA:XAUUSD give off some really fantastic push into the 1983 area, are we going to see further push or is price going to reject the zone? Fingers crossed, we wait to see what market presents to us next week. Until then have a fabulous weekend Disclaimer: All trade ideas are given for educational purposes and should not...
Gold prices rose to their highest level in three months during these moments of trading, today, Friday, as they are heading towards achieving the second weekly gain in a row, with the rise in demand for the yellow metal as a safe haven due to the conflict in evil.
Hey Everyone, Please see update on our weekly chart ideas we have been sharing and tracking over the last few months. We got the swing range test and then tracked the entire move up level to level using our smaller timeframe ideas. 2000 Goldturn was our next stop, only a few pips away but we are done for today and the week - BOOOOOM. See below our updates...
Seems like Gold is coming down to test the previous support around $1665 - $1675 Short in medium run with target of $1675 while I remain bullish in long run for Gold. It may trade within the triangle for a while before possible breakout to the upside with target of over $2100. The Yellow line does not predict the exact path but rather the likely scenario if it plays out.
Educational Analysis says XAUUSD may go Short according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why Short? Broker OANDA. Because Gold fair value gaps are unfilled in a 4-hour time frame. So, trade is already on with RR is 1: 229.83 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS. Happy Trading,...
This is my first post. As per the pattern, Gold will go down. I think we have to go for short now.
Hello dear friends. Today, gold continues to trade steadily around the price range of $1915 after experiencing a strong increase last Friday. From the observed 4-hour chart, we can see that the "Cup and Handle" pattern has formed. It is expected that a slight price decline will occur if the pattern is completed, followed by an anticipated increase with...
Hello everyone ! Yesterday, gold experienced a significant price increase and is currently trading at $1940, up approximately 0.08% from the previous day's trading session. Reasons supporting the rise in gold: - Firstly, after the retail sales report yesterday, investors are concerned that the Federal Reserve (Fed) may raise interest rates further, leading to a...