Gold prices today (March 18) in the world continued to decline deeply at the beginning of the session. Experts say that gold prices are under strong profit-taking pressure as the USD continues to rise before the Fed meeting. According to the World Gold Council, gold prices have increased sharply in the international market recently due to increased demand in the...
Gold once hit a one-and-a-half-week low of $2,145.99 per ounce, as last week's U.S. inflation and other data were stronger than market expectations, and the market's expectations for an interest rate cut by the Federal Reserve in June further cooled, and the U.S. dollar and U.S. bond yields continued to rebound. Analyst Eren Sengezer pointed out that if the price...
Gold Technical Analysis, March 18 Today, gold opened in the morning and briefly surged to the 2157 area before encountering resistance and trending downwards, continuing the downtrend. After testing the 2146 level, it maintained a narrow range oscillation between 2146-2150 for nearly 4 hours. The trend remains bearish. During the European session, support was...
Hey Everyone, Great start to the week with our chart idea playing out in true level to level fashion. We started with the play into the highlighted retracement range with no cross and lock below confirming the bounce, as highlighted by our arrow onto the 2155 Goldturn for the perfect reaction and now heading towards our Bullish target at 2166 A cross and lock...
Gold prices today (March 16) in the world continue to decline deeply, after the US announced more positive economic information. The USD continues to strengthen, causing investors to continue taking profits from gold. The world financial markets received more positive economic information from the US. Specifically, the US economy announced that monthly industrial...
Dear Traders, Gold had rejected at 2196$ and rejected at that level showcased, price has touched pivot point, since then price has been consolidating between 2150-2172, however, we may see price dropping from our area of entry. There are two targets first one at 2130-2135 and then 2090-2080. Like and comment if you agree with our idea. Good luck and trade safe.§
Hello traders ,what do you think about GOLD? Gold reached the ceiling of the channel and the resistance zone of 2200 with its continuous growth. It is expected that we will have a downward correction to the specified levels. If this post was useful to you, do not forget to like and comment.❤️
Pair Name Gold Time Frame : 4 hrs ------ 🌐 Welcome To Golden Engine / Volume Profile World 🔗 Key Technical / Direction ( Buy / Sell Idea ) Mid Term Type : Mid Term Swing —————————— Bullish Break 2170 Area Reasons - Major Turn level / D - Fixed Range lvn - Pattern Break - D / w h break - De Value Area Bearish Reversal 2225 Area ————— Bearish...
Hello, dear friends, Let’s navigate the tranquil waters of yesterday's gold market, where prices softly bobbed near the Friday closing level of around $2159, in a serene anticipation of significant news expected to surface only by Thursday. Gold remains anchored in its downtrend, hemmed within an unbroken parallel channel, hinting at the possibility of further...
➖ This is now a high probability trade-setup. ➖ The bearish potential is very strong. ➖ The down-move has a high probability to happen next. This is the situation we are in now after months and months of being too early but the market conditions will continue to evolve, fluctuate and change. We have three days red; first time since January. We are about to enter...
Today's world gold price is listed on Kitco at 2,175 USD/ounce, up 17 USD/ounce compared to early yesterday morning. World gold prices rebounded due to the weakening of the USD as investors still hope that the US Federal Reserve (Fed) will cut interest rates in June despite high inflation in the US. Meanwhile, escalating geopolitical tensions cause safe-haven...
Upon a detailed examination of the gold price charts over the 4-hour and weekly time frames, it becomes evident that the market behavior aligned with our initial projections. As the trading week commenced, we observed a decline in gold prices, precisely as anticipated. This downtrend was significant enough to reach our projected target of $2149. Interestingly, the...
good evening gold gang! lol ego post .. hopefully annoy a few people Its right though .. how spot on was the analysis and execution today .. gold gang knows! so we are respecting the bearish trend as per yesterday following a break of 4h support and respecting trend. from here price should move down but there is nowhere i can get in at present. Price...
FX:XAUUSD continues to form correction. Price has been breaking through support since the open and is testing the key liquidity area formed on Dec. 4 $2,145 - $2,150 Overall, the price is not ready to go above the made high. Yes, there was an earlier breakout of the resistance level from December 2023, but there seems to be pressure from the resistance side...
Introduction In the realm of options trading, the choice of strategy significantly impacts the trader's ability to navigate market uncertainties. Among the plethora of strategies, the Strangle holds a unique position, offering flexibility in unclear market conditions without the upfront costs associated with more conventional approaches like the Straddle. This...
Indicators are neutral, not sure what the market is doing. Guess I shouldn't have worried about gap direction and bought into teh oversold condition Friday. The premarket dumping and pumping isn't making much sense to me the last couple of trading days, so staying out for now.
Greetings, precious friends! Let's delve into the glittering world of gold and uncover the secrets of its latest price movements! As we embark on a new week's trading journey, gold continues to etch its path, weaving through the markets at the delicate threshold of approximately $2152. The day witnesses a modest retreat of 0.165%, with the aura of the Federal...
End of day update from us here at KOG: Monday blues! A lovely move today with price coming down into the identified region, to the pip and then giving us the TAP AND BOUNCE for the long trade up to where we are right now. During the day we've been managing the move even getting a small short using the Red box strategy but only into the immediate support...