The technical analysis advises us of a possible change of structure or at the expense of an important retrocess in the main tendency of the aclist... after an obvious manipulation to liquidate some or as the price is evident from the basic intentions
Gold is trading at a high level of $2,304 and continues to exhibit a robust upward trend despite overbuying. This currency pair has risen for seven consecutive days, with technical indicators on the daily chart showing no signs of exhaustion. While technical indicators are losing strength, the Relative Strength Index (RSI) stands at 56. However, the Momentum...
Gold undergoes a significant correction after a failed attempt to confirm its all-time high (ATH). A double top pattern emerges as a reversal signal, indicating potential downside with a correction target of 2266. For SELL positions, we recommend waiting for a re-test at the neckline around 2284.
Gold prices soared to $2,250 per ounce today, marking a $12 increase from the morning's opening. The driving force behind this upward momentum lies in the growing belief among investors that the Federal Reserve will embark on monetary policy easing. Market watchers anticipate a potential interest rate cut by the Fed in either May or June. Apart from rate...
As anticipated in our previous analysis, gold continues to advance, encountering no significant resistance. However, we observe the formation of support at 2270.00. Despite this, we remain in our bullish trend, with the emergence of a clear bullish channel indicating a potential slight retracement before resuming the upward trajectory. This is a short-term...
GOLD LDN session currently stuck in 50% profit Take a Good moneying train.. to TP
Here on xauusd price has made a rebound around level of 2269.243 and now helding back up . this show a maintainace of equall support area . so it expected to take BUY position and targeting profits should be around 2300.000 of psychological levels
World gold costs fluctuated barely with spot gold down nine USD to 2,290.7 USD/ounce. Gold futures ultimate traded at 2,310.five USD/ounce, down 10 USD as compared to the previous day morning. World yellow steel costs stabilized on April 4 (US time) after formerly conquering an all-time excessive of over 2,three hundred USD/ounce way to expectancies that americaA...
Initial jobless claims will be released in 30 minutes, which is expected to be favorable for shorts, so my trading plan is to go short. Gold is currently in an upward channel, with support around 2283, followed by around 2269. Based on the current price position, I am more willing to short at a high level. For this rise, my highest estimate is around 2319....
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) surged above $2,300, reaching an all-time high during the early Asian session. This was driven by weaker-than-expected US ISM Services PMI data for March and speculation that the Federal Reserve has reached the peak of the rate hike cycle, resulting in increased demand for gold....
As many of you may know, China and India have been hoarding gold supply, causing a surge in demand and driving up prices. This is a clear sign that now is the perfect time to invest in gold and take advantage of this rally! Gold has always been a safe haven asset, especially during times of economic uncertainty. With the global economy facing challenges from the...
Dear friends, gold has pulled back to the 2288-2286 area as expected. First of all, congratulations to everyone. Our short position finally touched our target position, TP: 2288. At present, gold is under pressure to adjust downward after hitting the highest position of 2305. So where will gold fall? To be honest, gold is currently setting new highs every day,...
Looking for one last push on GOLD before NFP tomorrow. PA still have some bullish strength in her.. PA could have us retest previous high or create a new high.
We expect the gold market to go higher again, as 2280 is a strong support here, so the market may take some downward correction.
Warm greetings to all precious metals enthusiasts! Despite a slight correction, gold remains resolute in its elevated position, indicating continued bullish sentiment. Currently trading around $2256, down a modest 156 pips from yesterday, gold is undergoing corrective movements following a robust rally. Looking ahead, gold is supported by safe-haven demand amid...
Gold prices (XAU/USD) enter a phase of bullish consolidation at the start of the European session, hovering within a narrow band around the $2,260 to $2,265 region, marking a new record set this Monday. Investors now seem convinced that the Federal Reserve (Fed) will begin cutting rates in June, a sentiment reaffirmed on Friday by the US Personal Consumption...
The world spot gold price is on the verge of surpassing $2,285/ounce, rising over $27/ounce compared to the same time yesterday morning. In the US market, the world spot gold price reached $2,285/ounce, sharply increasing by $29/ounce compared to the previous session's close. During this session, there were moments when the gold price almost reached $2,290/ounce,...
Last week, gold experienced a powerful price surge, reaching record highs and extending to today, with a leap to $2257 USD, up approximately $24 USD in the early hours of Monday trading. Gold is propelled by strong price momentum, benefiting from lower bond yields and a weaker USD. News of potential Fed rate cuts in the near future adds further impetus to this...