Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards. In this case, our transactions should be mainly short and supplemented by long, which can reduce...
XAUUSD these days March 14, 2024 withinside the international became to boom once more after a consultation of decline. SJC gold bars and gold rings, after a consultation of decline, face the danger of falling similarly if the State Bank takes intervention measures. Finance Banking Gold fee these days March 14, 2024 plummeted, approximately to fall similarly? Manh...
Gold (XAU/USD) has lacked directional conviction since the beginning of 2024, with prices oscillating between technical resistance at ~$2,065 and horizontal support at ~$2,005. Although bullion’s prospects seemed more positive a month ago, the bullish thesis appears to be on hold for now, especially after the Federal Reserve indicated that it is in no hurry to...
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 value well, making it a reliable safe-haven. It’s...
Gold price plunged late on Tuesday in the aftermath of a hotter-than-expected US inflation report that exceeded estimates and prompted a jump in US Treasury bond yields. Then the yellow metal tumbled more than 1%, and the XAU/USD traded at $2,157.00 per troy ounce. From a technical point of view, the daily chart for the XAU/USD pair shows the pair finally began...
After this sharp rise in gold, the technical form has formed a lot of room for decline. The current trading idea is very clear. Just continue shorting at high levels, especially near the strong resistance level. The probability of making a profit from shorting is very high. I will continue to publish trading strategies. Friends in need please stay tuned. If...
XAUUSD GOLD has encountered a formidable resistance level. In the accompanying video, we meticulously assess various time frames, evaluating the potential for a bullish scenario. Our analysis delves into the intricacies of trend dynamics, market structure, and price action, offering insights for educational purposes exclusively. It is imperative to underscore that...
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 value well, making it a reliable safe-haven. It’s...
Dear friends, both the technical and fundamental picture of gold are bullish for gold, supported by various factors including increased demand for gold, expectations of a rate cut by the Federal Reserve and a weaker dollar. Last week, gold reached its highest level near 2195. How should the rise and fall of gold be promoted next? Although there is currently strong...
Gold , or as denote the main trading pair XAUUSD , has been gaining a lot of attention around itself in recent years. As soon as major analysts or hedge fund top-managers begin to say that the next crisis is near, investors immediately start buying gold as a defensive asset, and its price, accordingly, goes up. Let's walk a little through the history of the...
On March 7, global gold futures settlement costs persevered to set a brand new file at 2,158 USD/oz. The safe-haven asset has multiplied for 2 consecutive months amid worldwide financial turmoil, which includes conflicts in Ukraine and the Gaza Strip, upcoming elections, and uncertainty. actuality approximately hobby charges and inflation. Recently, Russian...
Gold fees rose to a report excessive in Asian buying and selling on Thursday, in large part way to a sign from Federal Reserve Chairman Jerome Powell that the relevant financial institution will reduce hobby charges in 2024. Gold markets prolonged robust profits from closing week amid developing optimism over US hobby charge cuts, with investors in large part...
Gold prices (XAU/USD) traded with a mildly negative bias entering the European session on Wednesday and retreated further from the vicinity of the all-time high retested today. before. Traders decided to trim their bullish bets following the recent strong rally witnessed over the past week or so and ahead of the Federal Reserve Chairman`s (Fed) congressional...
Today's gold operation ideas, the first long and then short, relying on Monday's high 2120 near the long, stop loss 2114-2112, the target 2130-2035, after touching 2135, in the 2135-2140 area layout of short orders, stop loss 2144-2146, the target 2120. If gold 2150 breaks upward, it can chase more 2160-2180, if gold breaks downward, it can chase empty to...
OANDA:XAUUSD gathered bullish momentum in the second half of the day on Friday and reached its highest level since early January above 2,070$. The benchmark 10-year US Treasury bond yield is down 1% at 4.2%, fueling OANDA:XAUUSD rally ahead of the weekend. From a technical perspective, the overnight breakout through the $2,040-2,042 horizontal...
after the news last week of FEB we see good movement and volume in gold. this is want i anticipate about gold move for at least 2 years.
XAU-USD went up sharply From the demand levels Below but has reached A horizontal resistance Level of 2030$ from Where I will be expecting A local bearish correction !
In addition to Wednesday's Fed minutes, the focus was also on speeches from a series of Fed officials this week, including Raphael Bostic and Michelle Bowman, both members of the Fed's interest rate-setting committee. bank. Higher US interest rates are bad for gold because they increase the opportunity cost of investing in the yellow metal. But with U.S. interest...