Gold price rebounds to $2,380 in Thursday’s European session after posting losses on Wednesday. The precious metal holds gains amid fears that Middle East tensions could worsen and spread beyond Gaza if Israel responds brutally to Iran.
This week, my analysis for GOLD involves seeking immediate buying opportunities from the 12-hour demand zone where price is currently situated. My strategy is to initiate buys with the aim of targeting the 6-hour supply zone above for potential selling opportunities. Despite the significant drop on Friday, price still appears bullish based on last week's...
Gold price (XAU/USD) enters a bullish consolidation phase during the early European session and oscillates in a narrow band around the $2,260$2,265 region, or a fresh record high touched this Monday.
OANDA:XAUUSD Gold price attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session.
In our last analysis, we had anticipated the OANDA:XAUUSD gold price to reach the 2300-2350$ zone. The price has reached our target and after a little correction, the price made a move to the 2400 area. With everything happening worldwide, the 2500$ zone is not far from reach. Our technical view has been shown in the chart. If you like it then Support us by...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices pulled back from all-time highs on Tuesday, dropping to $2,346 after reaching $2,365. This was due to a risk-on sentiment and declining US Treasury yields. The US economic calendar was light, with the NFIB Small Optimism Index falling for the third consecutive month. Traders are now awaiting...
Gold peaked beyond $2,300, should correct before a new leg north Gold stays in a consolidation phase and trades below $2,290 after reaching a new record-high above $2,300 earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside.
Spot Gold resumed its advance on Tuesday, resulting in XAU/USD reaching a fresh all-time high of $2,276.90 in the American session. The US Dollar pared gains at the beginning of the day and lost some additional ground after Wall Street’s opening, despite generally upbeat United States (US) data and the poor performance of US indexes.
Hello guys I am seeing a good buy from here on xauusd with a safe take profit of 80 pips and an 40 pips sl so let's catch and win this trade together.
Gold price (XAU/USD) drops to $2,150 in Tuesday’s European session as a strong US Dollar weighs heavily on the precious metal. The appeal for Gold remains subdued amid uncertainty ahead of the Federal Reserve’s monetary policy decision and the release of the quarterly dot plot on Wednesday. The Fed is widely expected to keep interest rates unchanged in the range...
Gold trades deep in negative territory below $2,170 on Friday as the persistent USD strength doesn't allow XAU/USD to benefit from declining bond yields. The pair still looks to post small weekly gains after having pulled away from the record high it set above $2,220 on Wednesday.
Gold made a sharp U-turn and dropped below $2,180 after setting a new all-time high above $2,220 earlier in the day. The benchmark 10-year US Treasury bond yield started to recover toward 4.3% after upbeat US data, causing XAU/USD to deepen its correction.
The Federal Reserve kept interest rates steady on Wednesday, but policymakers signaled they still expect to cut interest rates by 75 basis points by the end of 2024. Three rate cuts are expected this year, according to the latest median economic forecast, but overall they are down from three months ago. Become more hawkish at one time forecast. Powell said it...
After the FED meeting, the uptrend is still the dominant trend The main trend is still uptrend so we still prioritize BUY positions From now on, I will plan appropriate price zones That's why today we will have 2 buying zones: BUY ZONE 1: around round number 2200 BUY ZONE 2: Zone 2190 Key areas BUY ZONE: 2199 - 2201 AND 2189 - 2191 TARGET: 2220 I will...
#XAUUSD The Federal Reserve ignited the market buying sentiment, and gold opened and rose to 2222 today. Gold moved below to 2192-2195-2197 multiple times. The top touched 2210-2212 many times. The current golden range is 2180-2122. This trading range is very wide Except for the current false breakthrough price of 2222. and the untouched support level below...
There will be no special news next Monday, and gold will fluctuate and consolidate. In the Asian and European markets, I think the possible operating range for gold is between 2150-2165. If there are new breakthroughs, I will update with new trends. Operation strategy: buy 2148-2153 sell 2163-2165 Set a smaller stop loss range. I will update my analysis or...
Hello Traders! This is My idea related to Gold H1. The bearish sentiment is still strong for short positions, that's why I will look for a long entry after I see a small retracement. I expect a confirmation of closing a FVG on a smaller timeframe. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to...
Gold price (XAU/USD) trades with a mild positive bias through the first half of the European session on Tuesday, albeit lacks follow-through and remains close to the weekly low, around the $2,150 area touched the previous day. The uncertainty over the Federal Reserve's (Fed) rate-cut path turns out to be a key factor that is holding back traders from placing fresh...