Gold has continued to rise since the opening yesterday (Monday), and it has been consistent with my prediction yesterday. It has exceeded 1860, and the price of gold has risen by nearly 30 US dollars. The war between Israel and Hamas has shocked the market, and this war may spread further throughout the Middle East. Risks are also rising, demand for safe havens is...
Although the conflict between Israel and Hamas has not subsided, it continues to encourage safe haven purchases in the gold market. However, with rising bond yields, this dynamic did not help precious metals maintain their previous gains. Even if gold doesn't shine, City Index market analyst Fawad Razakzada believes the precious metal will still grow stronger in...
Although gold had negative data yesterday, the market did not continue to reach new lows. If it is no longer weak, it will turn stronger. Today, gold is still bullish at a low level. It can be seen from the trend that it has been declining before, and the strength of the rebound is very small. Every rebound encounters resistance. Then it started to fall. Today's...
Hello traders! ‼️ This is my perspective on XAUUSD. Technical analysis: As we can see here price took out liquidity below equal lows and went down to fill the imbalance, I look for a long if price rejects from bullish order block after filling the imbalance. Fundamental analysis: Upcoming week on Friday we have important news, will be released NFP and...
As the international conflict between Israel and Palestine intensified, gold, as a strategic hedging material, instantly rebounded from 1830 to around 1855 after the opening of Monday, now trading at 1850.35 per ounce, while U.S. stock index futures suffered heavy losses. The 1860 boundary enters a wide sweep, and the long and short competition for gold at the...
The occurrence of the Palestinian-Israeli conflict well illustrates the hedging role of gold. Yesterday's opening price jumped directly higher. After the tension increased after Hamas attacked Israel, the demand for hedging increased. At the same time, Federal Reserve officials issued dovish statements. After the speech, the U.S. dollar index fell to its lowest...
👉Gold price turns sideways after a sharp recovery as the focus shifts to US inflation data. 👉Fed policymakers are worried about rising Treasury yields as they could dampen financial conditions. 👉The US Dollar will dance to the tune of the FOMC minutes, consumer and producer inflation data. Gold price (XAU/USD) holds onto a fresh weekly high,...
The price went down to the weekly support on this drop. The weekly support held the price and the price reversed from there. Unfortunately missed to notice this drop to the weekly support and could not position myself. However, the price may go at least up to weekly resistance 1915-1925. Therefore if the price pulls back close to the weekly support again before...
Affected by the Palestinian-Israeli conflict over the weekend, the gold price soared today, once rising to 1850, and the market fluctuated throughout the day, in addition to the multiple orders on Friday, we also gained nearly 10 points of profit. If you are confused about trading, please join me, I believe you will have a great harvest!
In the short term, XAUUSD's slight rise in early trading was blocked by 1855. If it falls in the short term, it will be considered around 1850. For bulls, unless the war news further ferments and the trend is further strengthened, stop loss can be considered above 1840, but this long also needs to retain the possibility of stages! If you are conservative, you can...
Gold reversed strongly at the opening today and reached the 1852 area. Combined with international military conflicts, risk aversion has increased, inflation has rebounded more than expected, and there are concerns about the economic outlook. In addition, the global demand for de-dollarization continues to rise. Increased gold reserves will support gold prices in...
You may still remember me. In my previous predictions, last week, I was optimistic about the rise. Combined with the recent international risk aversion, in the medium and long term, in the context of economic depression, inflation has rebounded more than expected, and I am worried about the economic outlook. Increasing gold reserves will support gold prices in...
Late gold view: The lower support is this week's low near 1810, no matter when it can be long. The upper resistance is near the high point of 1849 this week, and once the market effectively breaks 1849, there will be a rebound, and it is estimated that it will rise to 1880. If 1849 is blocked, gold will double dip or fall back. The daily line dipped to 1810 on...
Although the data for gold were negative yesterday, the market did not continue to reach a new low, which also proved what was said yesterday that the market will start to fluctuate and adjust! If the weak is no longer weak, it will turn strong. Gold is still bullish at low prices today. Go long at 1815! It can be seen from the 4-hour trend of gold that it has...
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...
The GOLD market is on its major support line and also on weekly support which is giving us much bullish signs. I am looking for buying opportunity on it in next week. Every support on H4 and H1 time frame is best time to buy GOLD.
Gold has formed a falling price channel for a long time. Gold prices channel below and reacts to shallowing and is gentle. With Intensity waiting to reach the upper boundary ( 1875 - 1900 ). Just saved with the Fibo degeneration zone ": 0.5 - 0.618 - 0.786 of the previous down wave. Gold may move towards the fibo zones. If it really reaches 1956, then it will...