FX:XAUUSD is trying to consolidate above 2365. This area is an intermediate bottom and plays an important role for the bulls in the medium term. The range of 2365-2400 is being formed.
Idea of Apr. 16: GOLD → There's no limit to the bulls' activity. Support retest
In general, everything is the same, but after a strong rally, the price makes a small stop...
FX:XAUUSD is trading exclusively in a bull market. Quick and temporary reactions to the news are quickly exhausted and buyers regain the upper hand on the metal's price.
Yesterday the price made another retest of the support at 2330, which has the status of an intermediate bottom. This area held the price and after that the market returned to its true...
FX:XAUUSD is showing strength as a hedge asset. The price continues to indicate to us that it intends to go even higher. The market is cleaned up after the shakeout and the big player continues to play his game.
(Idea from Apr.16: GOLD → There's no limit to the bulls' activity. Support retest)
Bulls form another intermediate bottom at 2365, building a limit...
OANDA:XAUUSD continuing to adjust after approaching the original price of 2,400 USD, the target price increase noticed by readers in yesterday's publication is also a resistance that causes gold prices to adjust but overall it does not change. trend with the expectation of entering the accumulation phase.
Iran said its military is ready to respond to any...
OANDA:XAUUSD remained steady as safe-haven demand due to ongoing tensions in the Middle East offset weakening expectations of a US interest rate cut this year.
Data on Monday showed U.S. retail sales rose more than expected in March. Yields on 10-year Treasury notes rose for a second straight session, with rising bond yields putting pressure on gold as they...
Although the dollar and US Treasury yields rose as US retail sales rose more than expected in March, tensions in the Middle East boosted safe-haven demand, and at the same time, the market Expecting that the Federal Reserve will be able to delay interest rate cuts this year, gold prices did not extend last week's decline but continued to increase.
Iran launched...
The US dollar surged on Wednesday due to higher-than-expected US inflation numbers. This led to USDJPY reaching new highs for 2024 and its strongest level since 1990. The March Consumer Price Index report showed persistent inflation in the North American economy, reducing expectations for a June FOMC rate cut. Headline CPI increased by 3.5% YoY, surpassing...
OANDA:XAUUSD spot delivery suddenly increased sharply. Spot gold has just increased to 2,415 USD/ounce, it has increased more than 35 US Dollars during the day. Previously, US media reported that the US confirmed that an Israeli missile hit an Iranian facility.
The most active gold futures contract on COMEX was 1,426 lots traded within one minute from 08:43 to...
OANDA:EURUSD , CHARTS AND ANALYSIS
- ECB edges further towards a June rate cut.
- Will President Lagarde begin signaling further rate cuts?
The ECB maintained its policy levers unchanged, as expected. However, they stated that if their assessment of inflation and monetary policy transmission improves, they may consider reducing current restrictions. This...
Gold hit a new record of $2,430 last week during the New York session. It has seen gains in seven of the past eight weeks, increasing by over 17% since mid-February. This is despite the strength of the US dollar and a hawkish repricing of US interest rate expectations. The usual negative relationship between gold and US real yields has broken down, leaving traders...
International gold prices surged this week due to central banks' gold demand, expected interest rate cuts by the FED and other central banks, and heightened geopolitical tensions in regions like the Middle East and Russia-Ukraine. Rising tensions in the Middle East, especially between Iran and Israel, have increased gold's safe haven status. Central banks,...
World gold prices dropped sharply when the US announced that the March CPI increased stronger than expected, both on a monthly and yearly basis. The US March CPI rose by 0.4% month-on-month and 3.5% year-on-year, surpassing forecasts. The core CPI also increased by 0.4% monthly and 3.8% annually, exceeding expectations.
US real income in March increased by 0.3%,...
Precious metals on the world market quickly lost the threshold of 2,400 USD/ounce after achieving this record yesterday.
Disappointing economic data is adding to solid safe-haven demand in the gold market. June gold futures last traded at $2,421.60 per ounce, up 2% during the session.
According to the report, consumers see inflation in the United States rising...
Gold prices fluctuate sharply up and down but follow a gradual upward trend and sometimes reach close to 2,400 USD/ounce.
Geopolitical tensions in the Middle East tend to increase when Israel announces it will retaliate against Iran. According to Qatar's Al-Jazeera TV channel, a senior US official said that Israel could attack targets deep inside Iranian...
World gold prices tend to decrease with spot gold down 3.2 USD compared to last week's closing level to 2,340.7 USD/ounce.
The world gold market has just had an exciting week when records were continuously "broken". In particular, on Friday, gold prices fluctuated up to 98 USD. This price increase is second only to the price increase in December last year that...
The gold market heated up last week due to increasing geopolitical tensions. Israel is preparing for a potential attack from Iran, while Iran has vowed to seek revenge on Israel following an attack on their consulate in Damascus. This news is expected to drive safe-haven gold buying over the weekend.
The US Department of Labor's report states that the producer...
Gold is overbought on its 1D technical outlook (RSI = 75.650, MACD = 67.600, ADX = 69.434) and appears to be unphazed by the recent rejection at the top of the Channel Up that pulled back to the 4H MA50. This is basically a consolidation that can be evolved to a similar pattern with March's. It was the 4H MA100 that held it on an uptrend at the time and has been...
![XAUUSD: 🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [April 15 - April 19]](https://s3.tradingview.com/p/pTFkWbNw_mid.png "🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [April 15 - April 19]")
