BEARISH ENGULFING ? If i am seeing correctly then this will hit target during LDN session.. One out of many.. Lets get stuckinprofit.
Gold's ascent to a historic $2,265 per ounce as this week begins highlights its impressive 9% rise in March and 8% increase for the first quarter. This surge follows data indicating a spike in the February Personal Consumption Expenditures index, though the core PCE saw a low not observed in nearly three years. Anticipations of the Federal Reserve cutting rates...
Gold retreats from its newly set record high of $2,265.58 per troy ounce. Initially gaining in the Asian trading hours, XAU/USD reversed its course during European trades, now hovering around the $2,250 mark, bolstered by the US dollar's surge following better-than-expected US ISM Manufacturing PMI results. Technical analysis suggests gold may undergo further...
Gold hit some other file top all through today`s buying and selling consultation as buyers grabbed the safe-haven asset amid growing tensions withinside the Middle East, in large part ignoring a more potent greenback and putting bets on guess on US hobby price cuts. “We see a few safe-haven call for pouring into gold, associated with the Israeli assault at the...
Gold price turns red for the first time in six trading days ahead of US jobs data on Tuesday. US Dollar rebounds on pared June Fed rate cut bets after sold ISM Manufacturing PMI. Should Gold buyers regain upbeat momentum, a retest of the all-time high at $2,266 will be in the offing, followed by the $2,270 round number. The next on Gold buyers’ radars will be...
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....
Gold prices hit new highs for a third consecutive session on Tuesday, as demand from momentum-tracking funds effectively offset pressure from a stronger dollar and the possibility of higher U.S. interest rates in the longer term. Gold prices continued to climb on Tuesday despite a stronger dollar. It had previously hit a record high of $2,266.81 per ounce. This...
Today’s gold trading situation is as follows: 1.Xauusd: @2256-2258 Sell, SL:2266 Loss: -4000 2.Xauusd: @2263-2265 Sell, TP:2255 Profit: +5532 3.Xauusd: @2273-2275 Sell, TP:2255 Profit: +7184 4.Xauusd: @2276-2278 Sell, TP:2255 Profit: +8520 In today's gold transaction, although one of them touched SL: 2266, resulting in a loss of 4K, overall, I...
gold update most likely count ending diagonal. Just completing wave 5 of c of wave 3. Wave c can reach 2300-20 area to be determined 110% extension at 2300 likely. Wave 4 back into territory of 1 62% 1980 target. Before wave 5 which can target 2460.
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 02 April 2024 Trade Idea 1 BUY LIMIT Order: $2247.16 Stop Loss: $2228.29 Take Profit 1: $2265.78 Take Profit 2: $2275.90 Trade Idea 2 BUY LIMIT Order: $2242.76 Stop Loss: $2228.29 Take Profit 1:...
Apologise for the inconsistent dates 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 03 April 2024 Trade Idea 1 BUY LIMIT Order: $2263.94 Stop Loss: $2246.47 Take Profit 1: $2281.16 Take Profit 2: $2290.52 Trade Idea 2 BUY LIMIT Order: $2259.87 Stop...
Gold seems to be approaching its trendline for the third time, suggesting a potential downward trajectory towards 2225. However, in light of today's market uncertainty and the upcoming ISM news release, it's crucial to proceed with caution. While the technicals point to a possible entry opportunity, we'll remain vigilant and await a clearer signal once the market...
Prospects remain positive as investors bet on lower global interest rates, perhaps look for diversification opportunities away from elevated stocks or, in the case of central banks, continue to reduce exposure to the USD (net central bank gold purchases have grown strongly in the past two years, reports indicate). Broadly, history suggests higher Gold prices are...
Behind a strengthening background and a bullish scenario, it can stop at the upper price channel and Fibonacci congestion area around 2311. We can Short GOLD from that point to the 2130 area.
AU AngloGold Ashanti has operations in a variety of locations including North America and Africa. With spot gold rising and mostly fixed operational costs, AU stands to improve its overall margins. Here on a weekly chart, price has crossed over the POC line of the volume profile and the mean anchored VWAP line. The Price Momentum Oscillator and Relative Trend...
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FX:XAUUSD is still very strong. The price does not react to the news properly, only as a short-term reaction. The market is quickly buying back the decline and testing resistance. Buying potential is quite strong, the probable area of the first stop could be the zone 2300-2325. On H1, an intermediate sideways range is formed after a false breakdown of channel...