Gold prices advanced on Monday, approaching a one-month high achieved in the previous session. This upward movement was supported by a modest decline in the value of the US dollar and the anticipation that the US Federal Reserve may refrain from further interest rate hikes this year. Spot gold recorded a 0.3% increase, reaching $1,943.65 per ounce by 0724 GMT,...
On Monday, the price of gold remained steady at over $1,940 per ounce, staying close to its highest levels in a month. This stability was attributed to indications of a slowdown in the US economy, which fueled optimism that the Federal Reserve would refrain from further interest rate hikes for the remainder of the year. The most recent US employment report...
In morning trading on September 4, spot gold price increased 0.02% to 1,940.1 USD/ounce at 7:15 am (Vietnam time), according to kitco. Gold price for December delivery, on the contrary, decreased 0.02% to 1,966.75 USD. Gold prices fluctuated slightly in morning trading on Monday (September 4) with some experts noting that the precious metal has not had enough...
Gold price this morning remained at 1,939.6 USD/ounce when the US market was closed during the Laos holiday. Over the last week, gold has gained more than 1.25% thanks to the non-farm payrolls report released Friday showing rising unemployment and the ISM manufacturing index for US industry continuing to decline. weak. Kitco News's latest weekly gold survey...
Gold prices extended their recovery for the third consecutive session and touched $1,950 on Wednesday. This daily increase is due to increased open interest and it suggests that additional profits will emerge in the near future. However, the next important target for the precious metal is the high of USD/troy ounce in July 1987 (July 20). Our Technical Confluence...
This analysis sees from the market structure that occurs. After Choch the price returns to bearish and there is a fake out. At present the price has not returned bullish, still in the correction stage. There is a possibility that the price touches the fake out area before continuing bullish. Take long when the price approaches the fake out area.
Eth is seen forming a bearish channel in a month back. still in the complex correction period. There is a possibility that the price will go down deeper.
After the last analysis last month, the price of XRP did soar and there was currently a correction period. There is a change in Elliot's notation from the old analysis. I think currently there is a zig zag correction with invalid limits under Wave II. For those of you who transact in the Spot Market, there is a chance to Long to see the current price approaching...
BTC analysis is still in accordance with the analysis some time ago. Where the price goes down to SND and is currently still continuing the bearish trend. Seen prices approaching Wave 2, had seen bullish some time ago but the price returned to the 25800 area. There is a possibility that the price drops back more than wave 2. If this occurs is likely to be fake...
The point of view of US30 analysis is that the current trend is still in a bullish state, the bearish that occurs up to Fibo 0.236 is a Swing Correction and there is a possibility that currently there will be bullish continuation
This week's US oil price movement is so constant. Bullish signal is very strong. The closure of this week finally forms a new high structure. If at this time the price leads to Wave 5, then there are several extension fibo targets that we can pay attention to. Possible prices to move to fibo extension 0.786 in the price range of 92
GBPCAD Analysis is still in accordance with the previous analysis. Seen in a few weeks the price is between 2 Snd. This pair has not yet entered the bearish criteria.
Assuming that Wave C has the same length as Wave A, then we can estimate the next target price. Fibo Extension 1 is right in the SND area which is quite positive. With the closure of the week the boss will occur, it is likely that the price will continue the trend bearish to SND
Until the closure of this week, prices are still stuck in support. Although there are several bearish candles that are quite thick, but not enough to form a new low structure. There are several measurable targets that can be anticipated every time the price succeeded in penetrating each SND area.
Analysis: Bearish Confluences Strong downwards trend Retesting an area of significance 61.8% fib retracement level touch In a descending channel Descending triangle pattern forming Downwards trendline touch 8K short position increase for the EUR 2K long position increase for the CHF Bullish Confluences EUR is the strongest major currency whereas...
Analysis: Bearish Confluences In a strong downwards trend Recently broke below major support Retesting a previous key level 50% fib retracement level touched In a descending channel Retesting a strong downwards trendline 8K short position increase for the EUR 4K long position increase for the USD Bullish Confluences EUR is the strongest major...