Investor sentiment became more cautious due to mixed comments from Fed officials about the upcoming monetary tightening roadmap, while also being pressured by the upward trend of the USD. The sparse US economic calendar will keep investors focused on the speech from Fed officials this week, following the US jobs report released last Friday. ActivTrades senior...
FXOPEN:XAUUSD OANDA:XAUUSD FOREXCOM:XAUUSD FX_IDC:XAUUSD GOLD is going to complete ABC wave, so here we are going to buy GOLD
Last week, the world gold price in the first session of the week traded at 2,335 USD/ounce. In the following sessions, gold prices could not maintain the mark above 2,340 USD and began to decline, reaching the lowest level of the week below 2,283 USD. World gold price increased again above 2,325 USD/ounce after the Federal Reserve (Fed) announced information on...
Hello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze...
Gold expenses recovered withinside the buying and selling consultation on Wednesday (May 1) after the United States Federal Reserve (Fed) saved hobby costs unchanged, with bottom-fishing sports acting because the USD and bond yields fell. Closing the consultation, spot gold charge improved 0.9% to 2,306.eight USD/ounce after falling to its lowest for the reason...
Today, gold continued its recovery from Monday, when it gained more than $25 since the start of the new week. While gold prices fell for a second straight week after a five-week rally, investors' overall sentiment toward the precious metal remains upbeat. From the chart analysis, we observe that gold has broken out of the price range and crossed the trend line,...
OANDA:XAUUSD Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Good morning guys , Going on swing trade, i'm looking at $2358.. shooting high!
Last week we made crazy profits, today is another week and we will continue to make crazy profits this week! Contact me if you want to keep up with me At present, the analysis chart above gold shows that the suppression of the daily shock is near 2320 and 2327, this position has been tested twice, the white pull up we estimate is difficult to break through these...
Hi traders. Gold is currently in sensitive zone , and it has recently surpassed the grey zone which act as a breaking zone on 4H. After completing it's pullback, the price is showing signals indicating a potential move to lower prices in the lower timeframe.Based on this analysis , it cold present a good opportunity for a sell position. It's worth noting that...
Gold prices (XAU/USD) halted a two-day decline during the European trading session on Monday. Weaker-than-expected US employment reports have raised the likelihood of the Federal Reserve cutting interest rates in September, which weakened the US dollar and boosted the price of gold priced in USD. However, there's concern that easing tensions in the Middle East,...
Gold has broken out of 2 bullish trend lines and I am looking for a retest of the resistance level before entering a sell position. Price may sweep the highs to take out the liquidity above resistance before moving bearish. I will be looking for the retest then waiting for a closure below $2321.30 for extra confirmation.
Gold has retraced from its max value of 2431.590. Currently it is at key trendline level on daily. But we see no signs of bearish trend slowing down. Hence, price may fall further. Bearish continuation pattern has been formed and on break of its pole end, price will continue bearish, which gives us a good opportunity to sell.
Gold respected the lower boundary of the major bearish channel formed. With the reversal identified, we witnessed a breakout and pullback on the previous support created at the $2310 region. Since the price has respected this area one more time. We expect to see a continuation of the current bullish trend to the upside targeting $2350. If the price remains...
Gold prices fluctuated sharply after the release of non-agricultural data. The highest point reached the 2320 line, but then quickly fell back to around 2277. Such large fluctuations reflect market uncertainty. At the same time, the daily chart shows continuous negative lines, and the short-term moving averages are also beginning to exert pressure. Therefore, the...
Gold prices (XAU/USD) traded slightly lighter near $2,335 on Monday during the early Asian session. Recent US economic data shows that inflationary pressures remain stable, casting doubt on interest rate cuts by the US Federal Reserve (Fed). The Fed's interest rate decision on Wednesday is closely watched. The US Dollar Index (DXY) fell to 106.00, US bond yields...
Today, gold provides a layout idea of shorting first. Short gold near 2289, reduce positions and take profits near 2283. After breaking 2290, go long gold at 2291 and take profits at 2300. At present, gold has rebounded and corrected. After waiting for the news to be released, short gold at high levels will be the main focus!