Gold price trend to continue buy during session It is expected that price will continue in the up trend And can approach the price range of 2292 Gold buy from. 2292 1st Target zone 2320 2ndTarget zone 2360 Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the market Give us like and support us
Gold has surged past the $2303 mark following the release of ISM Services PMI data, with predictions of a Federal Reserve rate cut (Feb) adding to the momentum. Technical indicators like RSI and SMA indicate the sustained uptrend, laying a solid foundation for further gold price increases. However, caution is warranted regarding potential price corrections in...
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...
World gold prices fluctuated slightly with spot gold down 9 USD to 2,290.7 USD/ounce. Gold futures last traded at 2,310.5 USD/ounce, down 10 USD compared to yesterday morning. World yellow metal prices stabilized on April 4 (US time) after previously conquering an all-time high of over 2,300 USD/ounce thanks to expectations that the US Federal Reserve (Fed) will...
GOLD LDN session currently stuck in 50% profit Take a Good moneying train.. to TP
🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,320-$2,280) 🟡 and near the upper line of the Ascending Channel. 🌊According to the Elliott wave theory , Gold seems to have succeeded in completing main wave 5 . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 🔔I expect Gold to have a downward trend in the coming...
XAU/USD fell slightly below the 2,300 USD/oz mark ahead of US NFP jobs data Gold prices retreated slightly to around $2,270 at the beginning of the Asian session after just setting a new record high yesterday, surpassing $2,300. Geopolitical risks in the Middle East and expectations of loosening monetary policy from the Fed are still big driving forces for this...
OANDA:XAUUSD prices bucked its recent upward trajectory to a new all-time high reached on Monday. Bets on a Fed rate cut in June continue to strengthen the USD and act as a headwind. The downside remains muted amid persistent risk aversion and geopolitical risks. As expected, Gold prices corrected after hitting the Bull Flag target of $2,251 and a new...
The greenback index and greenback index futures rose 0.2% in Asian buying and selling on Friday, rebounding from sharp declines in advance withinside the week on anticipation of the pound Non-farm wages } indicates buyers returning to the greenback. Inflation and the power of the hard work marketplace are the Fed`s largest concerns in slicing hobby costs this...
Hello Gold is near the 2300 mark and at this point, the uptrend looks out of control. That being said, there is a real possibility of a pullback at this stage. Technically, Gold has reached the top of the price channel. So, at this stage, I would advise early buyers to book profit and avoid any fresh buy orders in Gold. If there is bearish price action in the...
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....
Gold rebounded higher after the disappointing services PMI report. Gold broke out and increased around the $2,300 area after the US services PMI report was lower than expected. In the April 3 session, gold was supported when the ISM services PMI report dropped to 51.4 compared to the initially estimated level of 52.8. The precious metal fell to $2,267 early in...
Despite the extremely volatile market conditions this week, my signals have maintained a 100% accuracy rate. The short signal sent at 2300 yesterday resulted in profitable outcomes once again. While I cannot guarantee you'll become a millionaire overnight, I can assure you of making at least $1000 in profit daily. Accurate trading signals will be sent out every...