News analysis: The most important factor driving gold's gains is that gold is now seen as a hedge against fiscal excesses as U.S. and global debt surge. In addition to rising debt concerns, gold remains an attractive asset for central banks as global foreign exchange markets become increasingly fragmented. Previously, U.S. producer price data was lower than...
The weekly chart of the 10-year U.S. bond yield keeps the Bollinger Bands spreading upward. The moving average support and the indicator signals in the attached chart are bullish, and will further rebound to touch the 5% level. The monthly chart shows that the bullish momentum is strengthened, and the Bollinger Bands are showing a bullish outlook. , suggesting...
The 4-hour chart of gold is currently in a downward trend. Judging from the operating logic of the K-line structure, the downward trend is still continuing, and in this decline, the phenomenon of strengthening beyond expectations appears, and the form continues to show a short arrangement. From a gaming perspective, short sellers have taken absolute control....
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’s recent rally accelerated last Friday, driven higher by weak US economic data, and the rally back towards a new all-time high has continued this week with the precious metal posting a $2,141.8/oz. peak yesterday. This left gold just $3 short of printing a new ATH. The technical outlook for gold remains positive and suggests that the precious metal will...
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
XAUUSD daily formation purges into the demand poi @2999 and its ensuring its move to fill up a liquidity pullback into the next supply substantial zone @2320... to pave its way down through the weekly demand zone @2200's...sit tight and hedge along with.. anticipate , and follow for more insights buddy .THANKS .
Hi Traders ! The Gold Price Failed To Create a New Higher High ! Currently, The Support Line is Broken ! So, Let's Expect The Bearish Scenario: If The Price Breaks and Closes Below The Support Level (2318.740 - 2333.375), We Will See a Bearish Move 📉 TARGET: 2260.000🎯
GOLD broke through the dynamic resistance line and fixed above it. The trading volume indicator indicates that the latest declines took place without the participation of large volumes. We think that the price will continue to grow. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello dear friends, what do you anticipate the price of Gold will be today? Yesterday, we witnessed a fluctuation in the gold market, as the price dropped below 2,400 USD near the threshold of 2,310 USD. In the Asian trading session on Tuesday, Gold continued its downward trend below the 2,300 USD mark. This decline is attributed to the easing of tensions in the...
End of day update from us here at KOG: Further to yesterdays KOG Report, no longs as planned. Before open last night, we identified a move to the downside, price didn't give the pinpoint entry we wanted but moved nicely into the levels we wanted giving us the break of 2370-75 as planned on the report, bias levels hit and complete for now! So, what now? We're...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) experienced a significant drop of over 2% on Monday, marking its largest daily decline since June 13, 2022. This decrease was primarily attributed to diminishing concerns about a broader conflict in the Middle East, which led to a reduced demand for traditional safe-haven...
2370 more As long as the k line falls back, we are running more, as simple as that Gold does not fall back, there is no chance to dry more, the afternoon market to force, directly down 2370 line, we more The k line has always stabilized above the average line, always standing position, the average line runs steadily upward like a rock, the overnight gold...
Gold latest market trend analysis: Gold news analysis: On Wednesday (April 17) spot gold fluctuated in a narrow range, gold prices were stable on Tuesday, and the daily K line recorded a cross star, as the safe-haven demand brought by the ongoing tensions in the Middle East offset the expectation of fewer interest rate cuts in the United States this year. Spot...
The golden day line closed high, closed a small Yin K line, two consecutive days this week around 2390-2393 area shorting have gained, high adjustment market, after the second high, failed to close strong, or break high strength, short term is to convert downward, the weekly line is as expected to touch the high line and then pressure. Gold is currently under...
#GOLD... Exact moved as per our today video analysis . Funtastic and congratulations to followers, Now we have 2290 as today supporting area as first. Keep close it , if market hold it then bounce expected from here otherwise not.. Otherwise downside 2280 is next supporting area. Good luck Trade wisely
if news is good for UK, im expecting xau to drop, maybe not hit tp but 75% to tp, anything lower then TP, i'll be very concerned to hold.