On Monday (March 19), spot gold bottomed out and rebounded, with the price rising at $2,150. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,150. According to the current gold trend, gold prices will continue to fluctuate within a narrow range. It is particularly important to grasp the rhythm at this time. Always...
Lets start of by understanding what interest rates are: Interest rates are the cost of borrowing money, typically expressed as a percentage of the principal loan amount. Central banks, like the Federal Reserve in the United States, set interest rates to influence economic activity. Here's how interest rates impact financial markets: Bonds: When interest...
Gold Analysis and Trading Plan 20/03/2024 By PapaFinanceTalk ____________________________ Gold Economic Factors Investors are bracing for the Federal Reserve (Fed) announcement today. The Fed will unveil its decision and fresh economic projections, which are being approached with heightened caution by market participants. Recent data suggests that the US...
GBPUSD is currently at the pivot that is close to 61.8% Fibonacci retracement and could potentially fall to the support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 2160 Support: 2146 Resistance: 2175 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital...
World gold expenses reversed and decreased after the USD multiplied quite properly withinside the worldwide charge basket. At the same time, americaA economic gadget added information on new home introduction developing quite properly in February. specifically, the Dollar-Index - measuring the strength of the greenback in comparison to 6 number one currencies...
World gold costs remained nearly unchanged as compared to radiant gold for fast delivery, down three USD to 2,158 USD/ounce. Gold futures remaining traded at $2,161.30 an ounce, down $three.60 from the intense spot. Gold held consistent on Tuesday as advisors remained on side at the principle US Federal Reserve (Fed) assembly this Wednesday. The convention is...
Hi traders, market is bearish from a higher time frame and here at resistance level with double tops which indicates market probability of diving to the down side than the upside in the near feature. Disclaimer; Please do your due diligence before making any investment.
Gold prices adjusted slightly downward as the USD appreciated thanks to a change in market expectations about the Fed's interest rates. During the March 19 session, gold prices fell to $2,150 as the US dollar continued to increase in price ahead of the Fed's FOMC meeting. The precious metal's nearest support is at the December 4 peak around $2,145. If this...
i put buystop with SL show in picture let see gold futures daily , new buy pinbar and AC indicator (zoom in and see pinbar candel) we have buy pinbar on daily and treandline in up going break=buysignal if you have old sells, you must put hedge order ( never close hedge buy on gold frist) wish you win
GOLD three nowadays appears to be jogging across the region from 2146>2162. Tonight at 1 o`clock there might be FOMC information. In addition, this week there has been additionally a variety of sturdy information that affected the market. >With the Current Price Trend, Everyone Continues to Watch Sell Gold Following the Trend Around Area 2159>2162 SL 2164 TP...
Hello everyone, it's great to see you again and discuss our current strategy. In general, XAUUSD is consolidating around the 2158 USD level, but at the same time, it continues to be within a narrow downtrend channel. Theoretically, the price will continue to gradually decrease within this downtrend channel, which will break below the support level and seek lower...
Bar D1 was a bullish pinbar model yesterday, showing that buying pressure pushed up from below for D1 gold, promptly preventing a breakdown from the Inside bar model, which could cause D1 gold to fall further. Because the Inside bar has not broken yet, the cumulative price compression state is still happening for D1 gold. The main chart structure of gold D1 is...
Greetings, friends! Curious about the golden gleam of the markets? Let's delve into the world of gold together! Yesterday, gold prices serenely glided through the day, unaffected by any major market waves in the absence of noteworthy news, with today's price cradling around $2160, signaling a soft resurgence. The $2145 mark stands firm as a pillar of support for...
XAUUSD is trading in bearish trend as it is showing lower high and lower lows
World gold prices fluctuated little as investors waited for the US Federal Reserve's (FED) policy meeting on March 20 (US time). The meeting is expected to provide more clues about the timing of interest rate cuts this year. Currently, the market is almost certain that the FED will keep interest rates unchanged at this meeting. What investors are waiting for are...
The price Ranging in this triangle . It Might break on NY time . I am looking for 217x to put Short order. I will update 3 times/day and every day in week Be safe and enjoy the trade
On the 4H Gold (XAU/USD) chart, we're seeing a constriction of price between the descending trendline and the 200-day SMA. Price is currently struggling below the 21 EMA, indicating a short-term bearish bias within a larger bullish context provided by the 200-day SMA. Entry Strategy: Wait for a decisive break either below the 200-day SMA or above the 21 EMA. A...