Xauusd Traders have paid little attention to the Bear Cross validated on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on a daily closing. With the bullish bias likely intact in Gold price, the immediate strong resistance is seen at the previous day’s high of $2,056, above which the December 12 high of 2,062 wil be tested....
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...
XAU/USD Editorial GOLD FORECAST AND NEWS Gold looks to Powell speech for a clear directional impetus Gold price is extending its pullback from a ten-day high of $2,049 reached in the early American trading on Tuesday, as the US Dollar is attracting fresh demand amid broad risk-aversion on the all-important US Federal Reserve interest rate decision day. LATEST...
BTC’s case, the imbalance was formed due to a spike in buying pressure, so a retracement into this area will be a good place for sidelined buyers to open a long position. While this short-term play shows promise of a quick upside, investors need to be mindful of the big picture as well. As mentioned in a previous publication, Bitcoin price needs to produce a...
GBP/JPY extends its losses for the second session on Tuesday, edging lower to near 187.40 during the Asian session. The GBP/JPY cross faces a challenge of risk-off sentiment due to the escalated situation in the Middle East, which drives the investors toward the safe-haven Japanese Yen (JPY), which in turn, acts as a headwind for the GBP/JPY pair. The expectation...
Gold is bearish movement Gold fall will done my point view Gold is fall Frist use Gold buy from 2017 Target 2050 Theen use sell from 2050 target 2030 Wish you best Always follow the trend Gold frist Target 2050 Gold second Target 2030
From a technical perspective, bulls might still wait for a sustained move beyond the $2,040-2,042 supply zone before placing fresh bets and positioning for any further gains. Given that oscillators on the daily chart have just started moving into the positive territory, the Gold price could then climb to the $2,077 resistance zone before aiming to reclaim the...
BTC has consistently left exchange wallets since the Spot ETF approvals by the US Securities and Exchange Commission on January 10. Analysts at crypto intelligence tracker Santiment note that Bitcoin’s exchange supply is in a downtrend. This has happened alongside an increase in stablecoin supply overn the past five weeks. An increase in USDT reserves on...
The 200-period Simple Moving Average (SMA) on the four-hour chart aligns as a pivot level at 1.2700. If GBP/USD continues to use that level as resistance, technical sellers could remain interested. In this scenario, 1.2650 (Fibonacci 23.6% retracement of the October-December uptrend) and 1.2600 (psychological level, static level) could be seen as next bearish...
GBP/USD is trading above 1.2700, finding fresh demand amid a stalled US Dollar recovery in early Europe on Monday. The pair cheers reduced bets for an early BoE rate cut ahead of Wednesday's Fed decision. Middle East geopolitical tensions could cap the upside. Always follow the trend GBPUSD SELL NOW 1.27131 CONFIRM TARGET. 1.26209
The daily chart for XAU/USD shows that the risk remains skewed to the downside. A bearish 20 Simple Moving Average (SMA) maintains its bearish slope above the current level, while the longer moving averages remain directionless, far below the current level. Technical indicators, in the meantime, hold directionless within negative levels. According to near-term...
GBP/USD holds above 1.2700, where the 50-, 100- and 200-period Simple Moving Averages (SMA) on the 4-hour chart are located. In case this level stays intact as support, 1.2760 (static level) could be seen as next resistance before 1.2780 (static level) and 1.2820 (end-point of the latest uptrend). If 1.2700 fails, technical sellers could take action and open the...
From a technical point of view, XAU/USD is poised to extend its slump. The daily chart shows it met sellers around a bearish 20 Simple Moving Average (SMA), providing dynamic resistance at around the daily high of $2,036.80. At the same time, technical indicators resumed their declines within negative levels, gaining downward strength. Finally, the 100 and 200...
Today Gold is fall today Gold move is best On the flip side, any meaningful strength beyond the $2,029-2,030 immediate hurdle might continue to confront stiff resistance near the $2,040-2,042 supply zone. Some follow-through buying, however, might negate the near-term bearish outlook and trigger a short-covering rally. The Gold price might then climb to the...
XAU/USD trimmed Friday’s gains, and the daily chart supports a continued decline. The pair develops below a mildly bearish 20 Simple Moving Average (SMA), while the longer moving averages lack directional strength well below the current level. Technical indicators, in the meantime, resumed their declines within negative levels, although their strength is...
Gold is bearish movement Gold fall Will done from my point view Gold can fall Now Use Gold sell from 2023 target 2000 Theen use buy from 2000 target 2035 Always follow my trends best of luck Frist target sell 2000 Second Target buy 2035
Gold price (XAU/USD) struggles to capitalize on the previous day's modest recovery gains and oscillates in a narrow trading range heading into the European session on Friday. Gold Sell Now 2029 Confirm Target 2010 Always follow my trends
Gold price ticks higher during the Asian session on Thursday and for now, seems to have snapped a two-day losing streak to over a one-month low touched the previous day. The US Dollar pulls back from its highest level since December 13 amid some profit-taking and benefits the commodity. GOLD SELL NOW 2008 CONFIRM TARGET 1990