In terms of the geopolitical situation, an Israeli military spokesman said on May 6 that about 100,000 people were being evacuated from eastern Rafah. The Israeli military statement emphasized that the Israeli military will continue to attack Hamas in the Gaza Strip until all detained personnel are released. The geopolitical situation remains extremely unstable....
Gold is following an ascending channel pattern, subdivided into 5 waves with 3 waves each. Wave 3's peak suggests the initiation of wave 4, anticipated to be an ABC correction targeting Fibonacci levels. Interested traders should monitor for pullbacks and consider entry with stops placed above recent highs for risk management.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
Gold strongly broke through Friday's high in the afternoon, and the market changed. We are never stubbornly bearish or bullish, but flexibly adapt to the rhythm of the market. Since gold has broken through strongly, waiting for gold to fall back is the opportunity to buy. The 4-hour moving average of gold gradually begins to turn, and after gold breaks through,...
Gold News: Read the Latest Analysis on XAU/USD Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its...
Hamas on Sunday reiterated its demand for an end to the war in exchange for the release of hostages, while Israeli Prime Minister Netanyahu flatly rejected the demand. The prospect of a ceasefire in Gaza seems slim, and the future geopolitical situation remains the most unstable factor affecting financial markets. This week will be the least economic data...
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate....
World gold fees elevated with spot gold growing via way of means of 20.three USD to 2,323 USD/ounce. Gold futures final traded at $2,332.eighty an ounce, up $24.20 from the intense spot. The gold marketplace enters new weekly buying and selling with organization depth furnished via way of means of the weakening USD. The US Dollar Index fell to its lowest degree...
I suppose GOLD is presently on the Sideway Threshold, with a charge variety of round 10. >Currently you could Buy Gold Again According to the Trend Plan in H1 vs H4 >I will propose following each instructions so that you can observe the transaction with peace of mind >Can purchase GOLD round 2316>2320 SL 2314 TO 2328>233x >If Gold falls beyond 231x, promote...
According to the latest data from the World Gold Council (WGC), gold demand in the first quarter (excluding OTC demand) decreased by 5% over the same period to 1,102 tons, due to capital inflows from exchange-traded funds. Gold-backed ETFs continue to flow out. While including the sizable OTC buying activities of investors, total gold demand increased by 3% over...
Analysts said that although gold recorded its second consecutive week of decline after a 5-week recovery streak, in general, investor sentiment still remains optimistic about the precious metal. According to analysts' opinions, the US Federal Reserve (Fed) is clearly expressing its view that it will no longer be tough in monetary policy from now until the end of...
World gold prices increased with spot gold increasing by 20.3 USD to 2,323 USD/ounce. Gold futures last traded at 2,332.8 USD/ounce, up 24.2 USD compared to yesterday morning. The gold market entered the new trading week with solid gains, boosted by the weakening of the USD. The US Dollar Index fell to its lowest level in about a month as a recently released...
Today we made a good profit in gold long and short transactions, which gave us a good start for this week's trading. First, we shorted gold near the 2323 position in the morning. When gold fell back and touched the 2316 position many times, it stopped falling, so I closed the position near the 2317-2316 position in time to lock in profits in time;Then we went long...
Hi guys, my family and I traveled for two weeks for my father's birthday. I hope everything is going well for everyone in these two weeks! Gold successfully reached our target of 2280 on Friday. This time the profit is very good. At present, from the perspective of the pattern and indicators, there is a need for a rebound, so you can start to go long at a low...
Today officially starts a new week of trading journey. Today, gold rebounded again after testing near 2391, reaching a maximum near 2324. During the rebound, gold strongly broke through the 2310-2315 resistance area, and more importantly, it broke through the 2320 position, the NFP market high last Friday, and the short-term trend of gold turned from weak to...
#XAUUSD Gold hit 2291 today and then rose to 2324. Combined with last week's trend and various data. I think gold is still very volatile. Combined with upper and lower price resistance levels. First trade in the 2280-2330 range I think if gold price pulls back. A few prices at which you can buy are: 2300-2204/2291-93/2278-2282 If prices continue to rise....
The 4-hour moving average of gold is still in a downward bearish position, and the gold shorts are not over yet. Gold has fallen back quickly after every recent surge. The situation is still controlled by short sellers. Don’t be fooled by the strong rebound of gold bulls on the surface. The rebound is a better opportunity for short sellers.
Gold fell again at the opening of Monday. Currently, the support is at 2286-2278, and the resistance continues to be observed near 2313. The focus of this week's trading is to short at high levels, with the final target near 2218. If the shorts are strong and fall below the support near 2278, strong support will appear in the range of 2274-2269 in a short...