MrCharlie1

"Gold's Resurgence:Market Volatility and Geopolitical Tensions..

MrCharlie1 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold is expected to rebound from Friday's downward trend and continue its bull run, possibly reaching $2600 per ounce when the New York session opens on Monday. Investors may seek to withdraw funds from the market, but potential reversals could offer opportunities to collect more liquidity. Tensions in the Middle East, particularly between Iran and Israel, could impact all markets, including gold. However, if there's no significant effect from the conflict, markets may continue their bearish trend, with the next target around $2255 per ounce.

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Monday's breaking news


News Type : Core Retail Sales (MoM) (Mar) 
Currency : USD🇺🇸
Time : 15:30 
Effects : ⭐
Previously : 0.3% 
Forecast : 0.5% 
———————————————

News Type : Retail Sales (MoM) (Mar)
Currency : USD🇺🇸
Time : 15:30
Effects : ⭐
Previously : 0.6% 
Forecast : 0.4% 
———————————————

News Type : Empire State Manufacturing Index
Currency : USD🇺🇸
Time : 15:30
Effects : ⭐
Previously : -20.9 
Forecast : -5.2 
———————————————



Moscow Time Zone
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NEWS RESULTS

USD🇺🇸
Empire State Manufacturing Index

Previous: -20.9
Expect: -5.2

Current: -14.3



Result: Negative for USD🇺🇸
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🔸Gold prices rose with the rise of the dollar and Treasury bond yields after a higher-than-expected increase in US retail sales in March, which raised fears that the US Federal Reserve will postpone cutting interest rates this year.

Stay tuned for further updates as we track the GOLD ( XAUUSD ) progress towards our buy target!
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🟢Gold prices rose to approach the record high level recorded last week

- The rise was supported by concerns about escalating geopolitical tensions between Iran and Israel

- Gold in spot transactions rose 0.2% to $2,387.11 per ounce, and US gold futures contracts increased 0.9% to $2,403.90.
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Gold is rising today despite Powell's tough statements, so why?

Gold prices rose during Wednesday's trading, after bullion had closed yesterday's session with little change, but prices were able to recover today despite the tough statements of the Governor of the US Federal Reserve and some bank officials yesterday.
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Exciting news for our trading view followers! Our gold analysis has been right on target, with the price reaching the $2420 resistance level before retracing back to retest the $2373 level. Now, it's showing signs of strength as it bounces back and touches $2401.

What's even more promising is the potential for gold to revisit the same resistance level. If this scenario unfolds, our next confirmed target could be $2440. This presents a fantastic opportunity for traders to capitalize on potential bullish momentum in the gold market.

Stay tuned for further updates as we navigate these exciting developments together. Happy trading!
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Gold falls and loses $65 in one session...and the dollar awaits an important announcement

The dollar index stood at 106.03 against a basket of foreign currencies, largely unchanged in quiet trading on Monday, after tensions in the Middle East subsided and ahead of the release of the Federal Reserve's preferred measure of inflation later in the week.

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Exciting news for our trading view followers! Our gold analysis has been right on target, with the price hitting the $2331.50 support level before bouncing back to retest the $2343 level. Now, it's indicating a sell target of 2326, potentially paving the way for a further decline towards 2304.

With this momentum in mind, our next confirmed target stands at $2255. This presents a compelling opportunity for traders to capitalize on potential bearish movement in the gold market.

Stay tuned for further updates as we navigate these dynamic market movements together. Happy trading!
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Our gold analysis has been right on target, with the price touching the $2295 support level and bouncing back to retest $2314. Currently, it's indicating a sell target of $2309, potentially signaling a move towards $2300.

In light of these developments, our confirmed next target stands at $2255. This presents a fantastic opportunity for traders to capitalize on potential bearish movement in the gold market.

Stay tuned for further updates as we navigate these market movements together. Happy trading! 📉💰
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It's an intriguing time for gold as it continues to follow a familiar pattern, but with added intrigue from developments in the Middle East. The geopolitical tensions often serve as a significant driver for gold prices, as investors seek safe-haven assets during periods of uncertainty. However, despite these geopolitical concerns, metals are experiencing weakness this week, largely due to decreased interest from investors.

The subdued interest in metals could be attributed to various factors, including shifting market sentiments, economic indicators, or even technical factors influencing trading decisions. This could lead to a temporary lull in gold's upward momentum, as market participants reassess their positions and await clearer signals.

Nevertheless, the situation remains fluid, and the impact of geopolitical events on gold cannot be underestimated. As tensions escalate or subside in the Middle East, we may see renewed interest in gold as a hedge against geopolitical risks.

In the meantime, staying vigilant and adaptable in response to evolving market conditions is essential for navigating the complexities of the gold market. Let's keep a close eye on developments and be prepared to adjust our strategies accordingly.
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🔴Gold prices fell on Thursday, as investors took profits after a continuous rise in the yellow metal, and with pressure from investment institutions that sought to raise liquidity, while the focus shifted to data on the US economy to discover indications of the path that the Federal Reserve will follow regarding interest rates.
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THE DOLLAR DROPS GOLD AHEAD OF THE US INTEREST RATE DECISION...AND ALL EYES ARE ON POWELL!

Gold prices are heading for a third consecutive monthly gain, even as bullion prices fell on Tuesday, coinciding with a rise in the dollar ahead of the Federal Reserve’s monetary policy meeting that begins later today.

The dollar index rose, making the yellow metal priced in the US currency less attractive to foreign buyers. Investors are awaiting the Federal Reserve meeting this week, and are also closely following data on the labor market in the United States, to assess the prospects for monetary policy in the country
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Gold is rebounding from its lowest levels in nearly a month ahead of the Fed's decision

Gold prices witnessed a clear recovery during trading on Wednesday, as the yellow metal rebounded from its lowest levels in nearly a month, which gold contracts had fallen to early in the session, as gold put an end to its losses as investors awaited the release of the US monetary policy decision after the end of the session. Federal Reserve meeting this evening.
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