Fundamental analysis:
Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...
Market review
Spot gold on Friday (April 12) opened at $2372.2 / ounce, Asia-Europe trading hours, the US index in the $105 horizontal for several hours, the afternoon pulled up more than 30 points, the index hit a new high within the week. Gold continued its strong momentum, and the price rose directly to the $2,400 area without adjustment. As of now, the gold...
Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
Last week, the Asian market opened. Affected by geopolitics in the Middle East, international gold prices opened high and then fell back, causing large market fluctuations. Several Federal Reserve officials will speak this week, and investors will need to pay close attention.
From a technical point of view, the international gold price is under heavy selling...
"PPI data was slightly lower than expected, keeping alive hopes of a possible rate cut before the end of the year - hence gold's gains. Central bank buying and geopolitical uncertainty remain the mainstays supporting the gold market."
The golden week reached a new high, first stepping back to the 2325 first-line correction and starting to stabilize. Later in the...
The situation in the Middle East, as predicted earlier, has eased. The United States acts as an intermediary, taking positions and speaking on behalf of both parties, which helps ease tensions. In the absence of new news, the gold market's operating philosophy should be based on upward breakthroughs after range oscillations.
As the market opens higher, investors...
In the recent gold market, the overall uptrend structure has not changed, although the price has retreated after surging above $2,430 / oz. This pullback is seen more as a market correction than a reversal of trend. In the big cycle, the bullish upward pattern of gold is still solid, and it is expected that after the correction, the market will continue to...
#GOLD.. so guys market now just near to his today resistance area that is 2374 75
keep close it because if market in today now hold 2374 75 then again a drop expected from here,
stay sharp..
good luck
trade wisely
The price of gold is now $2,368.
The latest reports say that the United States and its European allies have stepped up efforts to dissuade Israel from launching a counterattack against Iran. Meanwhile, Israeli military leaders vowed to respond to Tehran's unprecedented attack on the country's territory. News that the United States and Europe are trying to...
Spot gold prices were slightly weaker in U.S. midday trading. On Thursday, spot gold hit a new high of $2,304.67 after hitting $2,300.
The market is now awaiting U.S. non-farm payroll data on Friday, when the U.S. Department of Labor will release its March employment status report. Nonfarm payrolls are expected to increase by 200,000, compared with an increase...
Spot gold fluctuated higher, reaching a maximum of $2,346.79, and the current price is around $2,337.
Gold prices attracted new buyers on Thursday after Wednesday's U.S. CPI report triggered a drop in gold prices. Additionally, the U.S. dollar has retreated slightly from its year-to-date peak. However, in an overbought environment, reducing bets on the Federal...
Some things we think will continue tomorrow; some people we think we will meet again after separation. We believe that yesterday, today and tomorrow should be no different. However, just once, when we inadvertently let go or turn around, some people and some things will stay with us forever! Therefore, grasping the moment is the most real thing!
In terms...
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price entered to flat, where at once it declined to support area, after which bounced up.
Price tried to break $2035 level, and even rose higher, but soon turned around and declined back, making fake breakout.
Soon, Gold made an upward impulse,...
Pair : XAGUSD ( Silver / U.S Dollar )
Description :
Completed Impulsive Waves " 12345 "
Rising Wedge as an Corrective Pattern in Short Time Frame
Rejection from Resistance
Break of Structure and Retracement
Fibonacci Level - 461.8
Gold began to rebound in early trading, but the short-term short-term trend of gold remains unchanged. The rebound gives us the opportunity to go short.
The moving average of gold's half-hour chart crosses the short position, and is also suppressed by the downward trend line. The resistance of the gold trend line has now moved down to around 2177. The rebound...
however the correction could be complex, gold is gathering strength to continue its uptrend. we should see its reaction to the support. we go step by step...
