Gold lost its traction and declined toward $2,160 in the early American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 0.5% on the day above 4.2% after producer inflation and Retail Sales data from the US, weighing on XAU/USD From a technical perspective, any subsequent move up is more likely to confront some resistance near...
U.S. consumer prices rose sharply in February, indicating that inflation is somewhat sticky. Data showed that the consumer price index (CPI) in February increased by 0.4% from the previous month and 3.2% from the same period last year, higher than the expected 3.1%. This further reduces the possibility of the Federal Reserve cutting interest rates before June....
If the candle (1 day) closes below the last one, I believe it will go down. Hit me up if you agree with me
We made almost 260 pips from our golden area on wmp after that yesterdays off position and being no trade an not touching our area
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the...
HELLO TRADERS As I can see GOLD is now trading ATH tested 2194$ I am expected a reversal from this zone till design TP Friends DXY already has reached @ Stong Support Zone on Friday and holding above support levels NFP data show a strong number on Friday this week CPI and Inflation Data can move $ Friends it's Just and trade idea with a very small risk & reward...
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven....
GOLD is currently testing the weekly structure resistance level. It's approaching the kill zone, where we have major structure resistance and fibo extension levels of 161.80%. The market created a divergence and price deceleration on the hourly chart. We expect a pullback from this resistance level. ------------------- Share your opinion in the comments and...
Gold, revered for centuries, continues to captivate investors with its enduring allure and stability in uncertain times. As a tangible asset, gold serves as a hedge against inflation and economic volatility, offering a secure store of value in diverse investment portfolios. Beyond its monetary worth, gold holds cultural and historical significance, symbolizing...
📣 Hello Mates! We can see that our gold buy target has been completed, and now gold is overbought. Our prediction is that gold will sell from the $2159.00 or $2169.00 area. After that, our sell targets are $2132.00 and $2112.00 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing...
GOLD is looking stronger in lower time frame but bears are more stronger in higher time frame
Gold Price: Current Pricing, Prices Chart & Rate Graph Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s...
XAU/USD is up for the sixth consecutive day, and extreme overbought conditions have become more notorious, but there are no other signs of upward exhaustion in the daily chart. Technical indicators continue to edge higher, albeit with decreased momentum. At the same time, the bright metal advanced further above its moving averages, with the 20 Simple Moving...
Due to the fact that gold did not achieve the previous weekly analysis and created a new ceiling for itself, scenarios for the monthly time frame are considered and shared with you dear ones.
Gold has reached its pinnacle, extending trades towards long positions would be ill-advised. Currently, the price is situated within the "POI," prompting the search for a suitable setup to initiate short positions. The price movement exhibits a stepwise progression, characterized by a push from the minimal support level, reminiscent of a primitive maker's...
Please note: This is a personal journal only, but NOT a trading suggestion. Current price: 2141 ===================Technical Analysis================= Gold has embarked on a robust bull run after testing the support at 1990, rebounding sharply without experiencing the typical correction. The market is currently in a severe overbought state. A key resistance...
On the weekly time frame, gold has reached a range for which correction is possible, provided that at the end of the week, the weekly candle closes with a shadow similar to or greater than the one created in the live market.