Hello everyone, I am Kelly, I have been engaged in trading for 13 years, my accuracy rate is above 83%, I am good at technical analysis, follow me and make money together! Gold has built a double bottom in the early stage. Although it fell partly today, the structure has not been destroyed, so it is still in an upward trend. I prefer and am better at grasping...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) rebounds slightly during Asian session on Tuesday, partially recovering from previous day's losses. US macro data indicates declining inflationary pressures, raising expectations for a September rate cut by the Federal Reserve (Fed) and providing some support for gold. However, gold...
Gold continued to fall today, but it is still in the range of shock market. According to the current strength of the decline, the room for gold to fall should be limited. After gold fell to the low point of 2310-2305 area, it is obvious that the willingness to buy is gradually increasing! And gold gradually began to show signs of counterattack in the short term....
XAUUSD - 24h expiry The trend of higher lows is located at 2304. Trend line support is located at 2303. The primary trend remains bullish. We are trading at overbought extremes. Preferred trade is to buy on dips. We look to Buy at 2306.5 (stop at 2292.5) Our profit targets will be 2341.5 and 2347.5 Resistance: 2325.0 / 2341.7 / 2354.5 Support: 2316.8 /...
The monthly rate of retail sales in the United States in May was 0.1%, slightly lower than the market expectation of 0.3%. This data reflects that consumers have become more cautious in their consumption behavior against the backdrop of rising inflation and interest rates. Rising prices and interest rates have led families to prioritize daily necessities and...
TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! CME:BTC1! NYMEX:CL1! NYMEX:WTI1! The current position of gold price is generally under some pressure. But once it rises, I think there is still a lot of room. The operation is mainly to buy at low levels. The low level around 2322-2323 is suitable for conservative traders to trade. Newbies should not engage in...
We have seen a longer Bullruin in the Goldmarket for the last 4 Months but OANDA:XAUUSD is consolidating for the last 68 Days looks like we are on a point where the Gold proce could potentially fail to go more up soon and we will see the next significant Bullrun from the end of this year (2024) to the beginning of the next year (2025) Also the Gold mining ETF ...
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 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...
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
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...
Fed officials unexpectedly forecast only one rate cut this year and pushed back their forecast for when they would begin cutting rates until perhaps December at the latest. The stance heightened market uncertainty about the direction of the Fed's policy. While U.S. inflation data showed weaker price pressures, it was not enough to weigh on the dollar. The dollar...
Range play trade - Buy idea! This is an aggressive trade with high risk, hence the tight stop-loss. Targets: TP at 2333, 2340, 2360. The trade is based on the premise of buying at the bottom of the range after previously buying below this range (marked in purple) Heed your DD!
At the hourly level, gold is in an upward trend. The MACD indicator has a trend of a golden cross. You can go long, with a target of 2335-2340. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
On the 1-hour time frame, the DXY is ranging between 105.505 and 105.774. If the market breaks below 105.505, we anticipate buying opportunities in the gold market. Conversely, if it breaks above 105.774, we expect selling opportunities in the gold market. This is my current perspective on the DXY. From these key levels, the market has been respecting. Last week,...
The Fed's policy moves have a profound impact on gold prices. Although the Fed showed a hawkish stance at its policy meeting in late June, weak US economic data, especially the decline in consumer and producer price indexes, provided evidence of subsiding inflation. This strengthened market expectations for the Fed to cut interest rates in 2024, thus supporting...
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...