The price of gold has experienced a significant drop, falling over a hundred USD from its all-time high, indicating a potential short-term peak. However, it is important to note that anticipated volatility remains high, and ruling out a protest aiming for a new high seems unlikely. The overall trend is still upward, but a drop below $2,010 could pave the way for a...
In the realm of financial markets, a fundamental overview serves as the cornerstone for informed decision-making. Whether navigating stocks, currencies, or commodities, a grasp of fundamental factors is essential.
Currently, the gold market presents an intriguing landscape. Recent sharp declines, surpassing a hundred USD from its historic peak, signal a possible...
hey everyone,
gold has breakthrough the last key level and now it is on the way to make record high. There is no major pullback that we can expect from now onwards, price is extremely bullish now and it will continue to be the same until it reach above $2100 area.
Gold dipped to $2,030 during early Asian trading on Tuesday. Meanwhile, the US Dollar Index surged to 103.60, and bond yields rose, with the 10-year yield bouncing from 4.24% to 4.32%. XAU/USD is trading around $2,030, marking a 0.12% increase for the day.
Technical Overview:
The significant drop in gold, over $100 from its all-time high, hints at short-term peak...
Gold prices are striving to reclaim the $2,050 level at the start of Tuesday, following a sharp $120 decline from the recent all-time high of $2,144 set during the Monday Asian trading session. Gold is seeking support from the recent weakness in the U.S. Dollar, coupled with the subdued yields of U.S. Treasury bonds.
Technical Overview:
Observing the daily...
Gold price today dropped shockingly in the context of the USD Index increasing 0.37 points to 103.64 points. This causes the value of the USD to decline compared to many other strong currencies. The international gold market falls into a disadvantageous position.
On the other hand, gold prices dropped today when US bond interest rates increased to 4.4%/year. This...
Gold can be described as two days of ice and fire, the weekend Powell speech is still lingering, gold directly hit a record on Monday, as high as 2144.
Due to Powell's dovish speech in the early hours of Saturday morning, the market has become more certain about the expectation of the peak of the US Reserve rate hike, and has deepened the expectation of interest...
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...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12 " Impulsive Waves and making its " 3 - xyz " Wave. It has breakout the Previous Resistance Level and Completed the Retracement for Break of Structure. Bullish Channel as an corrective Pattern in Long Time Frame
Entry Precaution :
Wait for the Proper Rejection
Crazy gold rose nearly $100 at the opening and reached around 2150, hitting a record high. Today’s trading will be very difficult. During the decline, pay attention to the support of 2077-2052. if support is not broken, trade long.
The probability of rising directly to 2150 is not high, but the probability of getting close to 2110 is high. Focus on trading in...
Today's volatility was mainly driven by weekend emergencies. Now that the market has returned to calm, trading has returned to technical aspects again.
At present, there is some support from 2023 to 2018. After all, it has experienced a sharp decline. Unless there are special events that have an impact, the repair of the technical form is inevitable.
Under...
Yesterday's crazy gold finally calmed down today. Today, the United States will release November's service industry PMI data, as well as JOLTs job vacancy data, which are all very important news. Will it make gold crazy again? Let's continue to see.
Yesterday we mentioned that Friday's non-farm payrolls is a time window to determine the future direction of...
Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 123 " Impulsive Waves in Short Time Frame and Impulse " 12345 " , Correction " abc " in LTF Completed making its Impulse Again. Bullish Channel as an Corrective Pattern in Long and Short Time Frame and Rejection from Upper Trend Line
Entry Precautions :
Wait for the Proper Rejection or Breakout
Effectively overpowering any attempts by sellers to intervene. Consequently, new all-time highs (ATHs) have been established, suggesting a continued upward trajectory for gold. Despite the possibility of a significant reversal due to reaching the ATH (a substantial liquidity point), the current presence of bullish candlesticks on the higher time frames indicates...
Gold prices surged to an all-time high of $2,100 during early Monday trading in Asia. Speculation suggests that the Federal Reserve may have peaked in its interest rate hike cycle, boosting demand for the precious metal. Technically, any further upward movement might encounter resistance around the $2,052 mark, a level unseen for months. With daily chart...
Gold maintains its positive stance for the sixth consecutive day in Asian trading at the start of Thursday. The modest recovery of the US Dollar fails to push the yellow metal lower, with XAU/USD trading near $2,045, marking a 0.04% increase for the day. The daily chart of the XAU/USD pair indicates a temporary halt in the upward trend but retains control. The...
The current geographic situation is still an uncertain factor in the capital market. In the weekend news, the Israeli military said that Israeli ground forces are actively carrying out operations in various parts of the Gaza Strip.Sunday's bombing caused dozens of Palestinian casualties, and civilians sought refuge in smaller and smaller areas in southern...
