Today, the lower support will focus on 2145-50, and the upper pressure will focus on 2170. During the day, we will first rely on the high altitude and low long cycle of this range to participate in the rhythm of long and short shock operations. At the midline position, you should watch more and move less, follow orders cautiously, and wait patiently for key...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) struggles to benefit from previous day's rebound, hovering around $2,145, a one-week low. Speculations arise that the Federal Reserve (Fed) will maintain higher interest rates due to strong US consumer and producer inflation figures. This supports elevated US Treasury bond yields,...
Gold continues to look at the 2145 line. The K line is a normal rebound, but the overall trend is still bearish. There is still no support below. We continue to be short. The K line is a rebound, definitely not a reversal. The four-hour golden line is still suppressed by the moving average, and is rubbed against the floor. Even if it rebounds, it is still...
Let's explore the latest trends shaping the world of gold amidst market volatility and safe-haven demand. Here's a snapshot of what's happening in the gold market: Gold prices have exhibited resilience in recent sessions, reflecting investors' appetite for safe-haven assets amid ongoing geopolitical tensions and economic uncertainties. Despite fluctuations, gold...
In the treasury of nature's treasures, one element stands as a luminous masterpiece: gold. This precious metal, with its radiant hue and timeless allure, has woven itself into the fabric of human history, leaving an indelible mark on civilizations past and present. Gold's journey begins in the heart of ancient times, where it was revered as a gift from the gods,...
Economists in large part assume the Federal Reserve to hold hobby quotes unchanged withinside the 5.25-5.50% range. Risks lean in the direction of a much less dovish outcome, with the opportunity of the Fed`s midpoint for 2024 growing to 4.9% or simply fee cuts for 2024. GBP/USD's preceding support-turned-resistance at 1.27100 may want to placed a short-time...
This week, dangers tilt towards a much less dovish outcome, with the opportunity of a mean Fed fee hike for 2024 to 4.9% or simply fee cuts for 2024. Such a alternate could require simplest FOMC members (out of 19) to shift their expectancies to better hobby rates. Notably, Fed Chairman Powell said that the FOMC desires to see ongoing low inflation to have the...
In the tapestry of human history, few elements shimmer with the same timeless brilliance as gold. From ancient civilizations to the modern age, its allure remains steadfast, weaving through cultures, economies, and aspirations. Gold's story begins in the heart of antiquity, where it was revered as a gift from the gods, a symbol of divine power and prosperity. Its...
Market analysts on Wall Street are unanimously optimistic, with none suggesting a bearish scenario. However, some believe that gold is currently facing a significant resistance level at $2,100. Gold prices surged to nearly $2,083 per ounce in the global market during the weekend's closing session. This marks the highest level in approximately two months,...
Dear friends, gold is currently oscillating within a narrow range near the 2160 position. Judging from the current gold trend structure, although gold has not pulled back as expected, relatively speaking, gold is not very willing to go up.we can see from the graph that even though gold has not corrected much, it faces resistance near the 2165 position in the short...
It is currently in a very obvious downward trend channel. As long as the resistance is not broken, shorts will have a great chance to make money. So in yesterday's view, I mentioned the resistance of 2164, and the market fell back after hitting this point. It is now in the middle position. Whether it is long or short, there are actually opportunities, but...
Gold, the short sellers retraced again yesterday, reaching as low as 52, which is close to Tuesday's retracement low near 50. At the same time, the daily line also closed at the intersection of yin and yang, so yesterday's retracement is also likely to release two There are two signals. One is the second bottom correction of the bulls, but the retracement...
World gold prices increased slightly with spot gold increasing by 3 USD compared to last week's closing level to 2,161 USD/ounce. Gold futures last traded at 2,164.9 USD/ounce, up 1.3 USD compared to yesterday morning. World gold prices recovered slightly after falling to a one-week low on Monday as investors await a series of policy decisions from major global...
Gold had its second consecutive decline after Friday. Friday's down D1 bar created a bearish pinbar pattern, with a long upper shadow and a close near the bottom, showing selling pressure pushing down from above. Deeper price compression took place when Friday's D1 bar fell inside the previous D1 bar, also inside the overall Inside bar model to create a double...
In the realm of financial uncertainty, gold stands as a beacon of stability, its timeless allure unaffected by market turbulence. Despite the ebb and flow of economic tides, gold remains steadfast, offering investors a reliable hedge against volatility. Its intrinsic value transcends fleeting trends, embodying resilience in the face of uncertainty. As the world...
There will be no special news next Monday, and gold will fluctuate and consolidate. In the Asian and European markets, I think the possible operating range for gold is between 2150-2165. If there are new breakthroughs, I will update with new trends. Operation strategy: buy 2148-2153 sell 2163-2165 Set a smaller stop loss range. I will update my analysis or...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) hovers around $2,155 in early Asian trading on Monday. US inflation data suggests a potential delay in interest rate cuts by the Federal Reserve (Fed), causing a downtick in the yellow metal. However, positive developments in Chinese stimulus measures or strong demand from China...