Today, as the U.S. May sales monthly rate was bullish for gold, gold rose rapidly in the short term. Our long positions near 2317, 2310 and 2306 respectively hit TP2319 and took profits. Very beautiful trading results. In today's gold long trade, my profit totaled more than $25K. Very good trading results. According to the current short-term structure, gold...
The Federal Reserve opted to maintain interest rates at their current levels and delay any potential rate cuts until at least December. Officials foresee only a modest quarter-percentage-point reduction for the year, emphasizing the importance of managing inflationary pressures. Fed Chair Jerome Powell highlighted that despite robust growth and low unemployment...
Gold prices are recovering after last week's sell-off as the US economy forced the Fed to adopt a more dovish stance. Weak manufacturer inflation data and a rise in initial jobless claims supported lower interest rates. Additionally, escalating geopolitical tensions, such as increased attacks by Hezbollah on Israel and more Russian warships in the Caribbean, have...
This week, the super data week is coming, and the market is likely to fluctuate before the data. Gold still has to wait for big data before it can go out of the unilateral market. The current fluctuation is to prepare for the big market. Gold continued to collect in one hour, but it is still fluctuating now. The second half of this week is all big data. It is...
I am looking XAUUSD gold in a buy momentum in M30 time frame it will from this OB area, good luck
Good evening, everyone. I'm Kelly. Let's continue trading. Now we still hold a long position in gold. The price has reached the resistance level of 2332-2336. It is normal to fall back when encountering resistance. The support is at 2326-2322. In the process of falling back, as long as it does not fall below the support by a large margin, it is still an upward...
The current market is still volatile, without any breaking behavior. In fact, since the start of London trading hours, there has not been a good opportunity to participate in market transactions, and it has been fluctuating around the 2315-2323 area. However, judging from the strength of today's rebound, the upward momentum of gold is obviously insufficient,...
The ADP employment report will be released on Wednesday, and non-farm payrolls will be released on Friday. These data will help measure the performance of the US economy, which will have a significant impact on the Fed's policy actions, the US dollar and gold prices. Gold technical analysis: Last night, the price of gold fell rapidly. Although it hit 2315 and...
Market attention was low on Monday, with no major news releases. U.S. retail sales data on Tuesday, weekly jobless claims on Thursday and the initial Purchasing Managers Index (PMI) on Friday may provide more information on consumption and economic strength. Gold fluctuated between 2310 and 2327 on Monday. After hitting the bottom at 2287, it has been...
Technical analysis of gold: Gold rebounded last trading day and closed with a medium-sized real positive line that was almost bareheaded and barefoot. A large amount of funds poured into gold in the morning and it jumped up slightly. At present, after breaking through the previous row of pressure belts around 2360, pay attention to whether there is a secondary...
XAU-USD was going Down but now we are Seeing a bullish breakout From the wedge pattern So we are locally bullish Biased and we will be Expecting a local move up !
My Dear Robbers / Traders, This is our master plan to Heist GOLD mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought & Oversold /...
Last week we observed that US inflation indicators showed signs of cooling down. - Wednesday's CPI dropped from 3.45 to 3.3% - PPI index decreased -0.2% Inflation indicators decreased while economic indicators were negative - As the unemployment rate and unemployment benefit application rate increase This shows that the Fed's monetary policy is effectively...
Dear Traders, Upcoming weeks we can see strong bullish price momentum to continue, price successfully rejected at 2290 and then rebounded strongly. Another confirmation that we have is when price reconfirmed the 2300 area where we saw how strongly price moved. These are the two main confirmation that has given us enough confidence to be sure of how upcoming...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Triple Top
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Triple Top
XAU/USD Completed handle & Cup on Weekly Chart and it is identical to handle & Cup on weekly at year 1996-2004 So the price may go up from now to break the ATH ~ 2075$ Note: This is not a Financial advice but a personal opinion :D Good Luck !!
Yesterday's news announced to us First, the ppi decrease combined with the unemployment benefits application index increased. Combined with a decrease in CPI, this is beneficial for Gold to increase because the economic situation seems to be weakening, putting pressure on the Fed to reduce interest rates. However, Nonfarm data, specifically the employment index,...