Gold will be down from 2013 level Resistance level is this where gold is touching Gold will fall again to support level What you think about gold ?
The Pound Sterling drops during the North American session by 0.20% following a positive UK inflation report that showed prices are slowing down. At the time of writing, the GBP/USD trades at 1.2565 and tests the important 200-day moving average (DMA) after hitting a high of 1.2611. GBP/USD tests key 200-DMA support level sponsored by investors trimming odds for...
As observed on the daily chart, Gold price closed Wednesday below the 100-day Simple Moving Average (SMA) at $1,993, opening the floor for further downside. The 14-day Relative Strength Index (RSI) is attempting a recovery but remains well below the midline, suggesting that any rebound in Gold price could likely be temporary. Meanwhile, the 21-day and 50-day...
Gold is on 2024 First resistance 2030 then it will fall If break 2030 then 2038 area then gold will drop 2000 Soo follow the introduction
Gold price (XAU/USD) continues with its struggle to gain any meaningful traction on Friday and remains confined in a familiar trading range held since the beginning of this week. The incoming stronger US macro data, along with hawkish remarks by a slew of influential FOMC members, suggested that the Federal Reserve (Fed) will keep interest rates higher for longer....
The 14-day Relative Strength Index (RSI) is trading neutral at the 50 level, suggesting a lack of clear directional bias for Gold price. If the rebound finds legs, the immediate powerful resistance for Gold price is seen at the $2,050 psychological level. The next critical supply zone for the bright metal is seen at around $2,065. Gold buy now 2033 limit trade...
the upside, the immediate powerful resistance at the abovementioned confluence support now turned resistance near $2,030. Gold buyers need to find a strong foothold above the latter on a daily candlestick closing basis to initiate a recovery toward the $2,050 psychological level. Recapturing that level is critical to revisit the monthly top of $2,065, which could...
Gold price (XAU/USD) extends last week's pullback from the $2,065 area, or a one-month peak and drifts lower through the first half of the European session on Monday. The downfall drags the precious metal to a one-week low, around the $2,022-2,021 area in the last hour and is sponsored by expectations that the Federal Reserve (Fed) will keep rates higher for...
GBP/USD gathered bullish momentum and closed in positive territory on Thursday after dipping below 1.2650 with the immediate reaction to the Bank of England's (BoE) policy announcements. The pair holds its ground in the European session on Friday and trades modestly higher on the day above 1.2750. The BoE maintained the bank rate at 5.25%, as expected, following...
Today gold will fall in NFP news then rise from 2040 So my point view gold can buy from 2040 To 2063 So gold frist sell then buy Always follow the trend
As observed on the daily chart, Gold price confirmed an upside break from a month-long symmetrical triangle formation after closing convincingly above the falling trendline resistance at $2,036 on Wednesday. The 14-day Relative Strength Index (RSI) indicator points north above the midline, suggesting that there is enough room for the upside. Traders have paid...
Critical resistance is located at 1.2700 (200-period Simple Moving Average (SMA), 100-period SMA and 50-period SMA). If the pair rises above that level and confirms it as support, 1.2760 (static level) and 1.2780 (static level) could be seen as next bullish targets. On the downside, 1.2650 (Fibonacci 23.6% retracement of the latest uptrend) aligns as first...
Gold price yield a daily closing above the falling trendline resistance at $2,036. The 14-day Relative Strength Index (RSI) indicator recaptured the midline, justifying the latest upswing in the bright metal. However, traders remain cautious as a Bear Cross was confirmed on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on...
BtcusdSupporting the bullish outlook are the Relative Strength Index (RSI) and the Awesome Oscillator (AO) momentum indicators. The RSI has overcome the 50 mean level and is retesting it as a support, which is a bullish indication. The AO is close to flipping above the zero level, which shows a shift in momentum favoring bulls. In such a case, Bitcoin price...
Just for Today! 50% OFF on your PREMIUM features. Crazy OFFER! Access our analysts and trade with them! SUBSCRIBE HERE! Close alert XAU/USD Editorial GOLD FORECAST AND NEWS Gold holds above $2,030 in choppy session Gold price erased a large portion of its daily gains after meeting resistance near $2,040 in the European session on Tuesday. With the benchmark...
GBP/USD continues to move up and down in a narrow band at around 1.2700 early Monday after closing the previous week virtually unchanged. The near-term technical outlook fails to provide a directional clue but the Federal Reserve's and the Bank of England's (BoE) policy announcements later this week could help the pair break out of its range The cautious market...
Gold price (XAU/USD) catches fresh bids on the first day of a new week and builds on its steady intraday ascent through the early part of the European session. The precious metal breaks through the 50-day Simple Moving Average (SMA) barrier, though bulls need to wait for a move beyond the $2,040-2,042 supply zone before positioning for any further gains ahead of...
Gold price ticks higher on Thursday and reverses a part of the previous day's heavy losses to a multi-day low, albeit it lacks bullish conviction. Reduced bets for an early Fed rate cut act as a tailwind for the buck and should cap gains.