Gold prices saw a decline as the US dollar gained strength and bond yields rose following comments from the Federal Reserve.
Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, stated in a speech on Monday evening that he anticipates at least one interest rate hike in 2023, with the possibility of rates remaining elevated until 2024.
These...
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
During the Asian session on Tuesday, the price of gold has seen a decline and is currently trading at around $1,910 per troy ounce. This downward movement can be attributed in part to the strengthening of the US Dollar (USD), which is driven by cautious market sentiment and higher US Treasury...
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) exhibits some resilience below the $1,900 level during the Asian trading session on Wednesday. However, it struggles to rebound significantly from a one-month low reached the day before. While there is a generally weaker risk sentiment that provides some support for the...
Once again, we entered the market at 1910 as scheduled. We continue to look for a rise and look above 1922 again.
Trading is like this. Countless people feel that they are bearish now, but this is just what you think. The market does not think so and it will fall. The fall of the K line is normal, but it will not fall below the 1906 line at present.
Operation...
The price of gold, for immediate delivery, experienced a significant decline on Tuesday, dropping to $1,900.83 per ounce, the lowest level in almost two weeks. This decline was driven by a sharp increase in the value of the U.S. Dollar, which was influenced by worsening market sentiment at the start of the week. Investors grew anxious due to the commitments made...
Gold has now fallen to the daily Bollinger lower track support position, which is what I said before, only at this position can it rebound! Whether it will rebound or not is uncertain. At the key point, it is better to be quiet than to move. The key is to move in the right direction. Now that there are differences and uncertainties, it doesn't hurt to wait and...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
The price of gold decreased on Monday (25/09) as the US dollar strengthened and US bond yields rose due to the Federal Reserve's (Fed) outlook for higher interest rates over a longer period.
At the close of trading on Monday, spot gold contracts fell by 0.5% to $1,915.61 per ounce. Futures gold contracts lost 0.5% to $1,936.6 per ounce.
Everett Millman, Market...
At present, the gold price has dropped to the 1900 area. At this time, you can go long and obtain rebound profits.
XAUUSD Buy1900-1905 TP1910-1915 SL1895
Gold volatility continues today. This downward trend is partly attributed to the strength of the U.S. dollar, and the Fed's strong speech continues to cause U.S. Treasury yields to rise. However, there are still opportunities for gold in the short term. At this time, you can go long to obtain rebound profit opportunities.
XAUUSD
Buy1900-1905
TP1910-1915
SL1895
To ensure economic stability, the Federal Reserve has opted to temporarily halt further interest rate hikes, exemplifying their dedication to mitigating potential adverse repercussions. The aftermath of the Federal Reserve's announcement sent ripples of volatility through the gold market. Before this revelation, gold had been on an upward trajectory, firmly...
BUY ABOVE - 1906
SELL BELOW - 1905
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Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle in Long Time Frame as an Corrective Pattern and Completed Corrective Wave " ABCD " , If it breaks the Lower Trend Line and Complete it Retracement then Short. Impulse Correction Impulse with Divergence
The U.S. dollar broke through a ten-month high, and spot gold continued to fall in the short term, with the price of gold falling towards $1,895 per ounce. Gold prices are expected to fall toward $1,890.00 per ounce and $1,875.00 per ounce.
In the 12-hour timeframe, gold is currently near its important support levels of 1907-1909. There is a possibility for the price to bounce back and start an upward trend within this range. Considering the fact that the dollar is also expected to begin its downward trend, this could be a confirmation for the end of the gold's downward trend.
