The private intake expenditures (PCE) fee index, which the Fed makes use of to set its 2% inflation target, rose at a 2.5% annual price in February, up from 2.4% visible in January. Core inflation, which strips out risky meals and electricity prices, rose 2.8%, down barely from a revised 2.9% boom in January. Neither parent is possibly to reinforce growth. boosted...
Gold is currently under pressure at MA5 (2252-2254). If it breaks through, focus on the resistance of 2258-2263, and the support below is 2246-2241. If it falls below the support, consider the 2226-2218 range. If it falls to around 2226-2223, you can try to trade long and pay attention to controlling the position. The rebound resistance will be concentrated at...
Dear friends, due to the escalation of the geopolitical conflict in the Middle East due to the Israeli air attack on the Iranian consulate, gold rose for a time and once again set a new historical high. The current maximum has reached around 2267. Judging from the current trend of gold, the position of 2267 is very extreme, because from a technical perspective,...
Today, gold opened higher, the highest hit near 2265, after the release of the United States March ISM manufacturing PMI, more dollar, bearish gold, gold once reversed today's gains fell to near 2228, the first price near 2240. Today, the operation of the last order gained 100 points, an order stop loss of 40 points, the overall profit is still profitable, the...
After gold has experienced a wave of decline, small-level indicators need to be repaired. Bulls can participate appropriately and pay attention to the resistance in the 2252-2258 range. If they cannot break through, close the order in time and switch to short trading.
In the realm of finance, gold stands as a steadfast pillar, embodying stability and value. As a financial analyst, exploring the intricacies of gold reveals a wealth of insights into market dynamics and investment strategies. Gold's enduring appeal lies in its dual role as both a commodity and a currency. Its scarcity, intrinsic value, and historical significance...
Gold prices hide huge buying opportunities. 2190-2194buy 2183-2187SL tp2207-2212
26/3. The trend of gold is very science fiction. Like a roller coaster. When it went up, it killed the short sellers. When it fell, it killed the bulls. Dual phase harvester. But I made some profits in both directions yesterday. Friends who are paying attention know it. Yesterday, the gold market once again shot up to 2200 points and then fell back quickly. The...
Here on GOLD the Elliot Wave have confirmed buy that means that price is likely to move up and reach like 2320.000 and more so is expected to use money management
Technical analysis OANDA:XAUUSD Gold price is duplicating the move seen in Wednesday’s Asian trading, as it edges lower below $2,200 early Wednesday. Gold capitalizes on sustained US Dollar strength and a rebounding US Treasury bond yields struggle, as traders take account of the latest hawkish US Fed commentary. The short-term technical outlook for Gold...
Gold closed last week deeply entrenched in negative territory, facing strong headwinds from a resilient US Dollar (USD) which hindered XAU/USD from capitalizing on declining bond yields. The Federal Reserve's March meeting highlighted the urgency for policymakers to consider interest rate reductions, despite recent inflation reports suggesting a potential...
XAUUSD, SHORT LOADED FROM 2240-50 TILL 2080-90, I placed Fibonacci till 2249-50 and all levels are hitting, from there short is loaded till Fibonacci Level 0.618 (2080-90)
Looking for possible trend continuation from the bullish zone.
XAUUSD follows huge profits last Friday. It closed at around 2154.5. Driven by the weekend's news, the market fell again on Monday and hit a new low, with strong short positions. After the Asian session started on Monday, the XAUUSD market hit the 2157 position, but did not stand firm. Then it plummeted to the 2146 line. After several hours of consolidation at...
The indicators on the 1h chart are also trending towards the short side now. It depends on whether the support in the 2185-2181 range is effective. In my opinion, the probability of falling below is greater. At the same time, there is data released today. Judging from the data released last week, today’s data has a higher probability of being beneficial to the...
XAUUSD Gold is trending bullish, an ideal entry would be on a 61.8% Fibonacci retrace off the current price swing. Not financial advise.
1. **Trading Opportunity Alert**: - Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉 - But wait! A break and retest? That's like a secret passage opening up. 🗝️ - Traders, grab your maps and compasses! 🗺️ 2. **Geopolitical Scenarios and Gold**: - Geopolitics? It's like gold's secret rendezvous with drama. 🌎 - When tensions rise...
1. **Trading Opportunity Alert**: - Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉 - But wait! A break and retest? That's like a secret passage opening up. 🗝️ - Traders, grab your maps and compasses! 🗺️ 2. **Geopolitical Scenarios and Gold**: - Geopolitics? It's like gold's secret rendezvous with drama. 🌎 - When tensions rise...