Citigroup stocks hit highest since March 2022, last up 5% as brokerage Morgan Stanley upgrades NYSE:C to "overweight" from "underweight", as well as NYSE:BAC and NYSE:GS to "overweight" from "equal-weight". Brokerage sees a rebound in capital markets amid growing signs of an imminent rebound in dealmaking. Also expects regulators to ease the Basel III...
Goldman Sachs - NYSE:GS Chart looks promising ✅ Rising 200 week and 200 day ✅Break out of long term pennant ✅ Pull back would be healthy here 🚨 Main concern would be a double top rejection from red line on the chart Earnings Perspective Rev ~~ $11.32B, EST. $10.84B EPS ~~$5.48 VS. $3.32 Y/Y AUM ~~ $2.81T, EST. $2.77T PUKA
Here is what you need to know on Monday, January 15: • Gold price gains ground on risk-averse sentiment due to the Red Sea situation. Israel-Gaza conflict intensified after Houthi attacked a US Navy vessel. • US Treasury yields contribute to downward pressure on the US Dollar. Barclays revision of the Fed rate cut has changed market sentiment. Gold prices...
Gold is still dominated by short sellers, with the daily chart closing in the positive zone, the MA10/7 daily moving average suppressing the MA2038/47 opening downward, and the central axis of the RSI indicator adjusted. The short-period hourly chart and the four-hour moving average are glued together, and the price is running in the middle and lower rails of the...
Gold technical chart daily pressure 2040-2053, lower support 2000 The four-hour pressure is 2040, and the lower support is 2016 One-hour pressure is 2040, support below is 2016 ✅Operational suggestions: Gold has now physically broken through the 2040 mark. Today’s rebound near 2040 will be the main target for shorting, first look at the 2020 mark. If the strength...
Gold technical chart daily pressure is 2053, with support below 2040-2000 Four-hour pressure 2053-2063, support below 2000 One-hour pressure 2044-2053, support below 2024 Operational suggestions: Gold NFP first fell and then rose on Friday. After breaking through the 2030 line, it began a substantial counterattack, and after touching the early decline point near...
Gold closed today at 2065.265 (-0.57%). We had anticipated this move a few hours before it happened, and we have been calling for this move since the beginning of the week. However, despite our predictions, many bullish investors and those with diamond hands are still not convinced that the bull trend has reversed and that we are now officially in a bear...
Gold technical chart daily pressure is 2066-2072, with support below 2040 Four-hour pressure is 2066, support below is 2044 One-hour pressure 2066-2072, support below 2055 Operational advice: The advice given yesterday was absolutely correct. The gold price reached its lowest level near 2054 and then fluctuated upwards. It continued to test the 2066 mark. It is...
Spot gold's rebound continued last week as the Fed's favored core personal consumption expenditures (PCE) price index for November came in lower than expected. Gold prices briefly tested above $2,070 on Friday before falling back to the day's opening price. Last week, gold prices hit a maximum of $2,070.67 per ounce and a minimum of $2,015.99 per ounce. The...
Gold technical chart daily pressure is 2066-2072, with support below 2040 Four-hour pressure is 2066, support below is 2040 One-hour pressure is 2066, support below is 2040 Operational advice: Today is the last trading day of Christmas, and the market will be closed for the next three days. Please trade with caution and finish your positions before the market...
After gold surged today, it did not break through the previous high of 2047. Then the market on Friday will have two trends: The trend of the first chart according to me found support below the channel, and then began to rebound and hit new highs. Second, if it can fall below 2027 on Friday, the top of the callback in 2047 will be confirmed, and it will be...
Now that gold has broken through a new high, a new band of rise has begun! Next hit the 2060 pressure! From the hourly chart, gold has an obvious upward trend. This week's shock is a normal adjustment in the upward process. The adjustment is to accumulate strength for another rise. The end of the adjustment means that a new band of rise has begun! The new band...
Gold price (XAU/USD) struggles to capitalize on the previous day's positive move and trades with a mild negative bias heading into the European session on Tuesday. A slew of influential Federal Reserve (Fed) officials recently tried to push back against market bets for early interest rate cuts in 2024. This, along with the post-Bank of Japan (BoJ) selling around...
Gold technical chart daily line, upper pressure 2040-2072 and lower support 1983 Four hours, the upper pressure is 2042 and the lower support is 2000 One hour, the upper pressure is 2042-2066 and the lower support is 2021-2000 ✅Operational suggestions: Yesterday, gold rose strongly and broke through the 2000 mark. The 2010 level above also briefly fluctuated and...
in the last buy order. Traders who followed made big profits. This is cause for celebration. The gold market currently remains at the 2043-2044 level. Prior to this our buy order was closed at this location. The profits are very considerable. At present, the pressure from above still exists. There is no dominant news today, so at this position, I think we...
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own. The last order has been taken profit. At present, gold has reached near our buying point after falling. I said before that the short term focus is on selling high and buying low. But now that gold has fallen back, it gives you a buying opportunity. You...
#GoldUpdate Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain. Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the...
Gold Update: We've conducted an analysis of gold for the upcoming trading week, anticipating a minor correction before its continued decline to $1978. The short zone is expected from 2012-2014$. Stay connected with us for a trading week filled with potential profits, and remember, it's all completely free.