Akfx369

Akfx369

Summary: The third quarter has kicked off with a bullish sentiment, as the first week of July saw significant upward momentum. Gold (XAU/USD) is targeting to surpass the May high of $2450, with sights set on the $2500 mark for the third quarter. As we move into the second week of July, the bullish march is expected to continue, although some retracement is...

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Last week, USDJPY hit a new low at 146.220, sparking hopes for a potential recovery toward 147.750. However, strong selling pressure is anticipated around the 147.750 mark, indicating a dominant stance by sellers in the current market. 🔍 Key Points: Recent low: 146.220 Potential recovery: Up to 147.750 Strong selling anticipated at 147.750 Sellers seem to be in...

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AUDUSD faced resistance while attempting to breach the 0.67 level last week, experiencing a setback. However, a notable accumulation of buyers is anticipated around the 0.6568 mark, with a significant long-term support zone lying close at 0.65750. 🔍 Key Highlights: Failed attempt at 0.67 breakout Potential buyer interest near 0.6568 Strong support zone at...

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GBPUSD remained range-bound last week, oscillating between 1.27 and 1.26 without a decisive trend. However, a notable accumulation of buyers around the 1.26 mark hints at a potential bullish momentum initiation from this level in the coming week. 🔍 Key Insights: Sideways movement: 1.27 to 1.26 Buyer interest at 1.26 Expected bullish momentum from 1.26 Potential...

Akfx369

Last week, EURUSD hit the 1.10 mark but saw a decline on Monday, dipping close to the crucial zone of 1.08. This zone holds significant importance and could potentially exert downward pressure, possibly driving the price toward the 1.07 level throughout this week. 🔍 Key Observations: Recent high: 1.10 Monday's dip near 1.08 zone Anticipated movement towards...

Akfx369

Gold surged to an all-time high of 2150 at the start of the week, but a potential retracement toward the 2040 mark is expected to attract more buyers. This week, there's an anticipation of a rise back to the 2080 level, with the Non-Farm Payrolls (NFP) report on Friday likely to set a new trajectory for gold's movement. 🔍 Key Points: Record high: 2150 Expected...

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Could this lead to a potential rise in price towards the 2005 mark from its current position at 1987? 📈 Keep an eye on the charts as this pattern unfolds! 💰💡 #ForexTrading #TechnicalAnalysis #XAUUSD 🌟

Akfx369

🌟 Exciting developments in the gold market! After a dip in the first week of November, gold has shown resilience, bouncing back from a strong support zone around $1950. 🚀 📉 This week, keep an eye on the $1977 price zone – it could pose a significant resistance. However, a potential pullback to the $1930 to $1940 range might be in the cards, setting the stage for...

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Hey Traders! 🌟 Exciting updates on #XAUUSD for the coming weeks: 🔍 Current Status: Gold faced a 1.5% dip this week, closing at $1962. The market has been buzzing since the Gaza conflict, with strong demand seen since October 7th. 💹 What's Next?: Analysts anticipate a potential correction, eyeing the $1932 level. This marks a 61.8% retracement level and aligns...

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✨ Hello Gold Enthusiasts! ✨ This week, the gold market has been an exciting journey! We observed a fascinating sideways movement between the range of $1951 to $1994. 📉 What caught our attention is the formation of a distinctive triangle pattern, indicating a potential price breakout! 📈 As we approach the weekend, all eyes are on the coveted $2000 mark. Will Gold...

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Today, as we delve into the depths of market dynamics, our eyes are fixated on XAUUSD, where the echoes of 1945 resonate strongly. Within this historical framework, the price zone of 1915 emerges as a steadfast pillar, offering unwavering support to the resplendent world of gold. 🏅🌟 🔮 Price Update: XAUUSD, in its pursuit of greatness, finds itself navigating the...

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📈 Market Recap: In the second week of October, the Bulls asserted their dominance in the trading arena, shaping a powerful narrative for the XAUUSD pair. Notably, a robust support at the 1830 price zone and the emergence of an Ascending Triangle pattern over the last two years on the weekly chart have set the stage for compelling market dynamics. 🔍 Current...

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1️⃣ Crucial Resistance Alert! 🚨 Gold traders, heads up! A robust resistance zone is looming between 1905-1910 for XAUUSD. This level has historically proven to be a strong hurdle. Keep a close eye on your trades as we enter this zone. 2️⃣ Bullish Vibes! 🐃✨ Gold has had an impressive bullish run throughout the week! Bulls are in control, making this an exciting...

Akfx369

Dive into the heart of the financial battleground! Last week witnessed a daring recovery by the Bulls, echoing their resilience after a formidable September slide. 📉 Amidst the storm, they found their ground at the formidable 1832 mark, an emblem of their unwavering spirit. 🔮 What Lies Ahead: The upcoming week promises a tale of challenges and triumphs. Brace...

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As we bid farewell to last week, the markets witnessed a long bearish trend, with gold hitting its lowest point in seven months. The resounding question now: will this bearish momentum persist in the days ahead? 🔍 Key Observations: 1️⃣ Long Bearish Weekly Candle: The week closed with a prolonged bearish trend, signaling caution in the market. 2️⃣ Gold at a...

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🌟 Key Takeaways for XAUUSD - Last Week of September 🌟 📉 Bearish Start: The first three days brought a bearish sentiment, with prices falling from $1920 to $1875. 💰📉 📊 Crucial Support Zone: Currently, Gold is trending at the important and long-term support zone of $1875. This level holds significant importance for future price movements. 🤝🔍 💼 Market Movers...

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The Forex market is often likened to a vast and unpredictable sea 🌊, teeming with opportunities for those who dare to venture into its depths. In this ever-changing ecosystem, traders and investors are like the diverse array of fish species 🐠🦈 that call the ocean home. Just as each fish species has its own unique characteristics, traders and investors in the Forex...

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Traders, let's embark on a journey through the tumultuous waves of GBPUSD as we analyse the week ahead. Here's what you need to know: 1️⃣ Falling Wedge Unveiled 📉 In the grand tapestry of charts, GBPUSD has painted a falling wedge pattern over the last three months. It's a pattern that often signifies a brewing storm in the market. 2️⃣ Bearish Q3 Saga 🐻 The...