“The next move probably hinges on this week’s PCE Index release. Evidence of further disinflation in the U.S., which would ease fears of prices accelerating or at least re-anchoring at a higher level, would be very bullish for gold.” Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by three-quarters of...
Certainly! Here's a forecast for buying gold based on your analysis: Signal Forecast: Buy Gold Analysis Summary: DXY Resistance: The Dollar Index (DXY) is currently encountering resistance. This indicates a potential weakening of the US dollar. USD Sell-Off Anticipation: The resistance level in DXY suggests a probable downturn in the value of the US dollar. A...
FX:XAUUSD is trading inside the global range, forming a small flat inside. Consolidation continues and at the moment there is no reason for the price to leave the 2195-2144 channel. On D1 and H4 we see a sideways channel, a range. The market is clearly bullish, but at the moment the price is standing still. On the left side of the chart we see local liquidity...
Hello friends. The price was stuck in a short-term upward movement. We expect a relatively sharp drop towards 2130 and 2110. Target 💲:2130/2110
Gold still looks bearish. Trend 📉 continue downside it looks New moon exit If you
💎Sell Gold @ 2194 - 2198💎 Tuesday 03/24/2024 06:56 AM EST 2206 StopLoss —> 2193.5 BreakEven+ TakeProfit 1: 2192 TakeProfit 2: 2190 TakeProfit 3: 2188 TakeProfit 4: 2186 TakeProfit 5: 2184 TakeProfit 10: 2174 TakeProfit 20: 2154 TakeProfit 30: 2134 Richard Eyo ~ The Wizard 🧙♂️
Hello traders, Wave B has probably ended at 2200.175 zone. Wave C is aimed at getting to 2118.000 zone. Thanks.
Hello, Have a good day XAU can move as a picture Good Luck
Watch the video to see the analysis. 📈💰 From analysis to success, welcome to the world of smart investment with Page Forex 📈💰 📊📉 Gold transaction is very important in the forex market and has a wide impact on the financial markets. This importance is due to the following factors: 📈🔍 Window to the global economy: Gold, as one of the main precious metals in the...
Gold may take correlation hardly liquidnosi. New moon exit
Gold prices can fall due to various fundamental factors. One significant factor is the monetary policy decisions of central banks, particularly regarding interest rates. If central banks raise interest rates to curb inflation or support economic growth, it can make alternative assets that generate interest, such as bonds, more attractive compared to...
Gold News: Read the Latest Analysis on XAU/USD 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...
As expected, gold futures were pretty much flat before the expiry of the March 24 option series, with the only notable exception being a spike in volatility after the Fed news. And what's going on in the options market right now? At the moment, there aren't really any interesting portfolios that show signs of insider trading in the option market. Yes,...
After a strong Demand zone was created i will be buying more in my supply zone that broke structure second entry again my main target is the top high
a descending triangle. Key support: 2144 - 2149 Key resistance: 2158 - 2163 Gold is waiting for interest rates to come in and provide a 200-400 pip fluctuation! 💰 Fundamental analysis: Numbers above the expected limit of inflation in the United States last week confirmed that price pressures persist and the final stage of...
Gold still hovering a little above our 'selling confirmation' zone, but it is very close to activating our sell order. Being patient & letting market structure do its thing, rather than rushing into a sell & being stopped out🤞🏼
Gold could be in a little corrective action. On this corrective wave, we had an impulsive wave from 2222 and its now correcting again. In addition, there seems to be a head and shoulder pattern formed. From around 2185, I anticipate another impulse lower to reach 2124.
Gold is consolidating on the 4H timeframe, which is accurately depicted on the neutral technicals (RSI = 52.765, MACD = 2.520, ADX = 28.648). Such sideways price action is best traded on a breakout approach. If the LH is crossesd, we will buy and target the recent High (TP = 2,220). If the HL 1 or 4H MA100 is crossed under (whatever takes place first), we will...