Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Next week's gold trading ideas: step back near 2305 to do more, defense 2300, target 2360 near!
Gold rallied very strongly remaining week, forming a huge bullish candlestick that closed proper on the pinnacle of the weekly fee range. Prices closed at all-time highs in opposition to each foremost currency, even the robust USD. The sharp growth additionally mirrors nearly precisely what took place remaining week. Gold could be very robust proper now, having...
History indicates that once the Fed honestly cuts hobby charges for the primary time, marketplace hobby charges generally tend to transport barely higher (chart above). In fact, it is usually a sale due to the fact the preceding rumor has been believed. But sooner or later because the Fed endured to cut, the 10-12 months yield endured to fall and discovered a...
Hi everyone ! After many years I'm back :) And After a wild week for gold, it is still impossible to guess its trend with certainty! But after the publication of employment statistics and the unemployment rate of the United States, strengthening the dollar next week is not far from expected. This will help the trend of gold and perhaps its correction...
At present, the market has reached the resistance level again. From the indicator point of view, there is still room for growth. For the time being, we will observe the 2277-2289 range. The support will first be around 2263, followed by 2256-2252. If it falls below, consider around 2232. At that time, the pattern may be head and shoulders, which also means a...
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 08 April 2024 Trade Idea 1 BUY LIMIT Order: $2299.15 Stop Loss: $2267.53 Take Profit 1: $2330.53 Take Profit 2: $2347.59 Trade Idea 2 BUY LIMIT Order: $2291.75 Stop Loss: $2267.53 Take Profit 1:...
Dear friends, overall this week's trading situation is not very good, but it is not terrible either. Because my expectations for NFP were too high, I failed in the transaction, resulting in a significant reduction in our profits this week, with a net profit of $35K this week. No matter what, we can only bring our experience and lessons to strive for better results...
I take the first step of the sell position on the gold chart at this point. I will enter the second step at 2330. My first target is 2190.
Here on gold the price has been strengthen which means that more buyers are taking control so is like to continue going up for this coming but going to make a pullback so it very important to go for long with caution and use money management.
we made almost 795 pips from our area on gold by 2-3 positions a day on NEWYORK session last week with just two SL . gold make an uptrend in this week now we have some plan to trade gold this week. we trade on newyork session by our new area and i wish more profit from last week. "Using the data we get from the gold weekly chart and my special calculation program,...
Here on gold market has been in uptend showing that buyers still in contol . For the coming week there is likely more strong bullish as the price keep stengthing . More buyers is likely to come in . So it expected to trade with money management
Gold peaked beyond $2,300, should correct before a new leg north Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside.
OANDA:XAUUSD Gold gathered bullish momentum and climbed to a new all-time high above $2,320 on Friday. Although the upbeat March jobs report from the US helps the USD find demand, XAU/USD continues to benefit from escalating geopolitical tensions.
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 05 April 2024 Trade Idea 1 SELL LIMIT Order: $2292.69 Stop Loss: $2305.90 Take Profit 1: $2279.73 Take Profit 2: $2272.67 Trade Idea 2 SELL LIMIT Order: $2295.75 Stop Loss: $2305.90 Take Profit 1:...
World gold price stood at 2,259 USD/ounce, a sharp increase of 26 USD/ounce compared to last week's closing session. MARKET RECAP: NEW RECORD IN THE BOOKS Gold broke its previous record and crossed the $2,200 per ounce mark in an exceptional first quarter. This surge was mainly driven by investor expectations of a more accommodative monetary policy outlook....
World gold price stood at 2,282 USD/ounce, a sharp increase of 33 USD/ounce compared to the same hour yesterday morning. This continues to be the highest price in world gold trading history. Gold prices continue to increase sharply due to the need for a safe haven amid increasing tensions in the Middle East. The increase in strength of the USD and expectations of...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between 2324 and 2338 on market close on Friday with 2338 open as a gap. This is a level of resistance and will need ema5 to cross and lock above 2338 to open the range above. Failure to break the resistance structure will open the retracement range...