Gold charges fell 0.2% to $2,171.06 an oz, at the same time as gold futures expiring in April fell 0.3% to $2,175.35 an oz with the aid of using 01:27 ET (05:27 GMT). Bullion charges rose to a report excessive of around $2,two hundred an oz on the begin of the week, however noticed speedy consolidation after hotter-than-anticipated patron fee index information...
Gold is a commodity and an global equivalent, tied to the fee of world currencies and different assets. The benefits of gold are that it's far to be had in restrained quantities, has business uses, and is used as a part of the gold and forex reserves of many vital banks. Unlike currencies and stocks, gold will in no way lose fee. On the contrary, due to the fact...
Today's gold operation ideas, the first long and then short, relying on Monday's high 2120 near the long, stop loss 2114-2112, the target 2130-2035, after touching 2135, in the 2135-2140 area layout of short orders, stop loss 2144-2146, the target 2120. If gold 2150 breaks upward, it can chase more 2160-2180, if gold breaks downward, it can chase empty to...
Gold is visible as a hedge in opposition to financial and geopolitical instability, even as better hobby prices lessen the enchantment of protecting non-yielding gold. Most policymakers on the maximum current assembly of the United States Federal Reserve (Fed) have been involved approximately the dangers of decreasing hobby prices too soon, with uncertainty...
When analyzing gold versus the dollar, it's evident that we're currently in a downward trend. This week, prices have struggled within the range of 2032 to 2044, and we're presently hovering around 2024.360. During Monday and Tuesday sessions, we anticipate a test of the 2024 support level, possibly dipping towards 2012. While we may find weekly support around...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : We have Break of Structure and Completed its Retracement Impulsive Waves " 12345 " and " Corrective Waves " ABC " Completed Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Strong Divergence in RSI
After the release of the data, gold volatility is not large, the current trend of the US dollar index has encountered resistance to rebound upward, we then short gold near 2023!
Gold consolidates around $2,030, as traders await US inflation data for fresh direction. The US Dollar pauses Tuesday’s turnaround amid sluggish US Treasury bond yields and risk-aversion. OANDA:XAUUSD price ranges between 21-day SMA and 50-day SMA as bearish RSI counters Bull Looking ahead, Gold price is likely to extend its range trade, in the absence of...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Triple Top as an Correction in Long Time Frame , Completed Third Top and Reject with Pin Bar. Consolidations Phase in Long Time Frame. Completed " 12345 " Impulsive Waves at Daily Resistance Level
After the Federal Reserve interest rate resolution appeared yesterday, to determine the beginning of interest rate cuts in March next year, gold rose sharply, once rose to the upper resistance level near 2040, usually gold in the rapid rise and fall will appear repair market, the fact is so, today gold in the 2030-2040 shock consolidation, Focus on whether the...
Reason For Bearish 1.Bearish Engulfing Formed 2.Breaked 2012 and waiting for retest 2012 3. Approaching Next Support @ 1980 Reason For Bullish 1.Obey Strong Support @ 1980 2. Obey Golden Ratio 0.631 Fibonacci retracement Overall Possible Outcomes XAUUSD SELL@ 2010-15 SL 2022 TP1 1980 XAUUSD BUY @ 1980 SL 1960 TP1 2000 TP 2 2020
Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait...
Sell XAUUSD (D1) Sell current price: About 2039 Stop loss at: 2057.19 Take profit at: 2012 Capital management 2%. Corresponding to 100,000$ trading 1.12 lots
👉 World gold price on December 1, as of early morning (Vietnam time), is trading around 2,036 USD/ounce - down 8 USD/ounce compared to trading at the same time yesterday morning. 👉 Today's gold price was adjusted slightly down after this precious metal hit its highest mark in 7 months. The solid recovery of the US Dollar Index also had a negative impact on the...
👉 World gold price on November 28, as of early morning (Vietnam time), is trading around 2,014 USD/ounce - an increase of 11 USD/ounce compared to trading at the same time yesterday morning. 👉 The weakening of the USD and expectations of an end to US interest rate hikes have fueled strong demand for gold, with strong purchasing power from Chinese and Indian...
OANDA:XAUUSD rebounded, rising back above the 20-day Simple Moving Average (SMA) at $1,975. In order for the momentum to gain further strength, OANDA:XAUUSD needs to close above $1,975 on a daily basis. On the other hand, if there is consolidation and a daily close below $1,960, it would indicate a potential extension of the correction. Looking at the 4-hour...
💯GOLDEN PLAN DAILY November 17 👉 Gold prices increased today as they were boosted by falling US Treasury bond yields amid the prospect that the US Federal Reserve (Fed) has completed its interest rate hike cycle and will proceed with interest rate cuts. in the spring of the following year increased even more. 👉 Last night when the number of applications for...
Gold came under selling pressure on Wednesday as US retail sales fell at a slower pace than expected in October. The reason for the pullback in spot gold after hitting a weekly high of 1975, failing to hold above $1970, is mainly due to the rebound in the US dollar and the rebound in US Treasury yields. Spot gold fell on Wednesday, retreating from a high of...