In early trading in the European market on Thursday (March 21), spot gold continued its intraday gains and is currently trading around US$2,200, rising by more than US$20 during the day. Spot gold is trading at $2,200 an ounce. Looking at the daily chart of gold, gold prices have confirmed the formation of a bullish flag, with the relative strength index (RSI)...
Data last week showed that U.S. consumer prices rose more than expected in February, and producer prices also showed a certain degree of inflationary stickiness. Traders have reduced their bets on an interest rate cut in June. Gold prices fell more than 0.8% last week. Spot gold has already priced in the positive push from expectations of lower interest...
Gold prices edged higher in quiet trading on Tuesday as investors braced for monetary policy decisions from major central banks. While the Bank of Japan (BoJ), Bank of England (BoE) and the Federal Reserve (Fed) will announce their decisions, the focus will be on the Fed. The Fed's hawkish bias could push gold prices higher as market participants anticipate less...
Description So guys what we gonna talking about here is gold yesterday bullish move from 2150to2222 it will continue moving up as you know it is still bullish I wanna just suggest you this my fibo analysis sell trade.
Personal suggestion for you Gold price trend to continue Buy during session It is expected that price will continue in the Buytrend and can approach the price range of 2083 Gold setup price 2083 1st Gold Target. 2106 2nd Gold Target 2146 Note: Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks...
Dear friends, gold is currently oscillating in the 2155-2160 area. The trend of gold is relatively cautious, and the long and short forces are also relatively restrained. This is because the Federal Reserve’s interest rate decision is about to come and Powell holds a monetary policy conference. Therefore, before the news was announced, the market performance was...
On Wednesday (March 20), spot gold was trading below $2,160 per ounce at the beginning of the European market. Investors are cautiously awaiting the Federal Reserve's monetary policy statement. However, the market remains cautious about gold's near-term upside. If Powell makes dovish remarks again, gold is expected to usher in a new rally. But from a...
On Monday (March 19), the price of gold is now $2,159. According to the current gold trend, gold prices will continue to fluctuate within a narrow range. Gold remains at high levels and is trading sideways in a narrow range for the time being. On the four-hour gold chart, the price of gold is still suppressed by the moving average and is below the middle track...
On Monday (March 19), spot gold bottomed out and rebounded, with the price rising at $2,150. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,150. According to the current gold trend, gold prices will continue to fluctuate within a narrow range. It is particularly important to grasp the rhythm at this time. Always...
Today, the lower support will focus on 2145-50, and the upper pressure will focus on 2170. During the day, we will first rely on the high altitude and low long cycle of this range to participate in the rhythm of long and short shock operations. At the midline position, you should watch more and move less, follow orders cautiously, and wait patiently for key...
Gold fluctuated within a narrow range on Thursday and is currently trading around $2,170. Gold prices rose 0.75% on Wednesday to close at $2,174, boosted by a weaker U.S. dollar as investors still held out hope for a rate cut by the Federal Reserve in June despite scorching U.S. inflation data, while escalating geopolitical tensions maintained safe-haven demand...
The final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%. The rise in energy prices is...
On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155. Based on current gold trends, gold prices will continue to rise. It is predicted that the price of gold will rise to around $2,160 and then fall. Always pay attention to...
Spot gold fell below $2,150 per ounce for the first time since March 7, down 0.28% on the day. Now the price of gold is under pressure from above around $2,147, showing a downward trend. What needs to be noted is whether the price of gold can fall below the $2,140 line. If it receives strong support below at $2,140, the price of gold will rebound. If it falls...
Gold prices fell to $2,155 before bottoming out. At this time, the one-year inflation rate forecast for the United States in March was released in the United States. Predicted value 3.10% Published value 3% Preliminary value of the University of Michigan consumer confidence index in March Predicted value 76.9 Published value 76.5 The data is very bullish for...
The financial market is fair to everyone. Since some people lose money, some people must make money. But if you want to make a profit in investment, there is no shortcut. You can only do your homework seriously every day and accumulate diligently like an ascetic. In addition to providing some investment experience and learning methods, I also hope to find...
The price of gold fell to around US$2,154 yesterday and was supported by the bottom, and then rose to around US$2,160, showing a volatile trend. Today, the price of gold is under pressure from above around $2,170, showing a volatile trend. It should be noted that the price of gold today is above US$2,170 and is above US$2,180. What you need to pay attention to...
Don’t be afraid of gold’s rebound. The rebound is for better short positions. Hold the 2180 line. We firmly watch the decline. The four-hour line is still close to the moving average. The high point is still lowering. The slope is obviously downward. At the same time, the moving average has obviously turned downward. We need to be patient and wait for the...