The world gold price stood at 2,233 USD/ounce, unchanged at yesterday morning's price because the world market was closed for Good Friday and Easter. The gold market continued to show strong momentum as it ended the month and quarter near record highs, firmly above $2,200 an ounce. According to Kitco expert Gary Wagner, an important factor pushing gold higher in...
OANDA:XAUUSD ANALYSIS - Dollar down, gold up - Gold retests prior 2024 all-time high DOLLAR DOWN, GOLD UP Gold is influenced by a slightly weaker dollar at the start of the shortened trading week. Last week, gold prices showed an unusual evening star pattern, which can indicate a bearish trend reversal. The dollar is possibly stabilizing after a volatile end...
The world gold price is trading at 2,190 USD/ounce, up 12 USD/ounce from yesterday. Investors are anticipating US inflation data, which could provide insights into the US Federal Reserve's policy pivot. Despite the USD rebounding, precious metals remain near their recent historical peak. Investors are waiting for US economic data to be released later this week...
BIGTIME has formed a double bottom pattern on 15m and 1 hour time frame, a good short term quick scalp. TP: 0.355-0.3566 SL: 0.34 Leverage: 20-50x
Gold prices rose slightly on Monday amid cautious market sentiment ahead of important events, such as the FOMC announcement. XAU/USD increased by around 0.2% in early afternoon trading in New York, finding support near $2,150. The Federal Reserve will hold its March meeting and may adjust its forward guidance and economic outlook due to recent inflation...
OANDA:XAUUSD AND ANALYSIS - Gold’s backdrop remains positive and may lead to further gains. - Retail trader positioning is 50/50. Gold reached a new record high last week but ended the week relatively unchanged after a sharp sell-off. The Federal Reserve hinted at a potential rate cut of 75 basis points this year, which initially boosted gold. However, the US...
World gold spot price is around 2,179 USD/ounce, up 7 USD/ounce compared to the transaction at the same time yesterday morning. Yesterday, the financial market received more information about the US economy's mixed developments. Specifically, US CB consumer confidence decreased from 104.8 points in February to 104.7 points in March, much lower than the forecast...
The world gold spot price is around the threshold of nearly 2,191 USD/ounce, a sharp increase of 12 USD/ounce compared to the transaction at the same time yesterday morning. Yesterday, the global financial market received further information that the European economy did not improve much. Specifically, Europe's consumer confidence in March, although as expected,...
Gold prices are mostly flat as investors await key economic data and comments from US Federal Reserve (Fed) officials this week. World gold price stood at 2,172 USD/ounce, down slightly by 1 USD/ounce compared to the same hour yesterday morning. Gold prices are mostly flat as investors await key economic data and comments from US Federal Reserve (Fed) officials...
Trading Plan for Monday, April 1st, 2024 Market Sentiment: Cautious, price discovery ahead of reopening after long weekend Weekly Volatility Risk: High (price discovery holiday, heightened with geopolitical backdrop) Supports to Watch: Immediate Supports: 5307 (major), 5299-5302 (major), 5293, 5287 (major), 5280, 5275 (major), 5270, 5261, 5267, 5252 (major),...
Silver nicely respected a recently broken key horizontal resistance. After its retest, the market started to consolidate on a 4H time frame and formed a horizontal range. Its resistance was broken yesterday, signifying the strength of the buyers. The market may keep growing next week, at least to 25.5 level. ❤️Please, support my work with like, thank you!❤️
The world gold spot price is around the threshold of nearly 2,168 USD/ounce, a slight increase of nearly 3 USD/ounce compared to last week's closing session. World gold prices had a good week of increases last week and early this week. Most investors predict that world gold prices will continue to increase in the next week, when the US Federal Reserve (Fed) has...
This week, international gold prices increased quite sharply from 2,145 USD/oz to 2,211 USD/oz, then decreased to 2,157 USD/oz and closed the week at 2,165 USD/oz. The reason why international gold prices increased sharply in the first sessions of the week was because in the recent meeting, the FED said there would be 3 interest rate cuts this year, regardless of...
Good evening and i hope you are well. sp500 e-mini futures bull case: Bulls got the more up but barely. The high today was 3 points below the ath and that qualifies as a double top. Do we trade down from here? I don’t know. If bulls can keep it above 5300, it’s as bullish as it gets. Many support lines below on the chart and bears not doing enough to make...
Trading Plan for Thursday, March 28th, 2024 Market Sentiment: Cautious Weekly Volatility Risk: High Supports to Watch: Immediate Supports: 5307, 5302, 5296-5299 (major), 5293, 5288 (major), 5284, 5280, 5274 (major), 5268-70 (major), 5265, 5258 (major), 5245-47 (major), 5240, 5235 (major), 5230, 5217, 5213-16 (major), 5208 (major), 5203, 5190-93 (major),...
FORECAST - OANDA:XAUUSD - The Fed held borrowing costs unchanged and continued to indicate it would deliver three rate cuts this year - The dovish policy outlook weighed on the U.S. dollar and yields, boosting gold prices For context, the FOMC kept borrowing costs at their current levels at its March gathering, reaffirming its intention to implement 75 basis...
Gold price today, March 22, suddenly went down in the context of the USD reversing its price and US stocks rising sharply. After setting a record level of 2,211 USD/ounce in last night's trading session, today's world gold price plummeted 30 USD to 2,181 USD/ounce at 6:00 a.m. on March 22. Gold prices weakened today in the context of the Swiss National Bank...
World gold spot price is around 2,165 USD/ounce, down more than 16 USD/ounce compared to the same time yesterday morning. Gold prices on the international market continue to decline because the USD has not stopped its rise. Specifically, the Dollar-Index - measuring the strength of the greenback compared to 6 major currencies, increased sharply by 0.42% to...