World gold prices continued to increase with spot gold increasing by 14 USD to 2,159.4 USD/ounce. Gold futures last traded at 2,167.3 USD/ounce, up 9.1 USD compared to yesterday morning. World prices of the yellow metal extended their rally to an all-time high on Thursday as comments from US Federal Reserve Chairman Jerome Powell at a congressional hearing...
World gold prices continued to increase with spot gold increasing by 18.2 USD to 2,145.4 USD/ounce. Gold futures last traded at 2,153.7 USD/ounce, up 12.7 USD compared to yesterday morning. World yellow metal prices continued their upward momentum to record levels on March 6 (US time) as the market increasingly bet that the US Federal Reserve (Fed) will loosen...
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.
World gold prices continued to increase with spot gold increasing by 12.1 USD to 2,127.2 USD/ounce. Gold futures last traded at 2,136.4 USD/ounce, up 10.1 USD compared to yesterday morning. World gold prices continue to surge as the market becomes increasingly certain that the US Federal Reserve (Fed) will loosen monetary policy in June after a series of weak...
🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,174-$2,107) 🟡 🌊In terms of Elliott wave theory , it seems that Gold has completed wave 3 , and we should wait for a correction to the Fibonacci levels and the 🟢 Support zone($2,070-$2,054) 🟢. 🔔I expect Gold to rise again after the completion of wave 4 (at least to the Yearly Resistance(1)...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Last week's weaker-than-expected data was the main driving force for the rise in gold prices, including the possibility of an escalation in the current geopolitical conflict, which also pushed up gold's safe haven. Therefore, combined with the influence of various factors, gold has room to rise during this period. . The focus of the market this week is to pay...
Gold successfully broke and closed above a key horizontal daily resistance yesterday. Our next strong resistance is based on the All Time High. I believe that the market will keep growing to 2140 level. I really want to see a pullback first though, to buy the market on a retest of a broken structure. ❤️Please, support my work with like, thank you!❤️
World gold prices increased sharply with spot gold increasing by 34.9 USD to 2,115.1 USD/ounce. Gold futures last traded at 2,124.4 USD/ounce, up 28.7 USD compared to yesterday morning. World yellow metal prices reached a 3-month high at the beginning of the week, boosted by increased expectations that the US Federal Reserve (Fed) will loosen monetary...
World gold prices tend to decrease with spot gold down 2.1 USD compared to last week's closing level to 2,080.2 USD/ounce. Last week, the gold market entered a new trading week relatively quiet without catalysts. Prices were nearly flat until Thursday when a report showed consumer prices were lower than forecast. After a slow start Friday morning, the precious...
Gold gathered bullish momentum in the second half of the day on Friday and reached its highest level since early January above $2,070. The benchmark 10-year US Treasury bond yield is down 1% at 4.2%, fueling XAU/USD's rally ahead of the weekend.
💡After breaking the Support line , Gold managed to attack the Resistance lines with a Bullish Marubozu Candle . 🌊Regarding Elliott wave theory , Gold is completing a Zigzag Correction(ABC/5-3-5) so that Gold is currently completing the microwave 4 of the main wave C . 🔔I expect Gold to start rising again from the 🟡 Potential Reversal...
✅As I expected in yesterday's post , Gold started to rise again after breaking the Resistance lines and reacting to the upper Resistance lines and the 🔴 Resistance zone($2,071_$2,054) 🔴. 🌊Regarding Elliott wave theory , It seems that Gold has completed the Zigzag Correction(ABC/5-3-5) on the Resistance lines and the 🔴 Resistance zone($2,071_$2,054) 🔴,...
Daily/4h time frames analysis for Gold. Price action & key levels. Directional bias & trading plan. ❤️Please, support my work with like, thank you!❤️
World gold prices stabilized with spot gold down 0.7 USD to 2,029.5 USD/ounce. Gold futures last traded at 2,039 USD/ounce, down 0.5 USD compared to yesterday morning. World gold continues to test resistance below 2,050 USD/ounce and is having difficulty attracting new upward price momentum even when published data is not as expected. In particular, the...
Hey Everyone, And off to a piptastic start with our chart idea playing out, as analysed. Yesterday we stated that we have resistance at 2036 for a immediate bullish target and 2030, as our bearish level target. Both these levels were hit and complete today bouncing between the levels until one broke. We are now seeing price at the retracement level giving...
hello everyone . guys follow trade me by this signal : Buy position entry :2031-2032 sl :2029 target : 2038
World gold prices tend to increase with spot gold increasing by 1.3 USD to 2,036.6 USD/ounce. Last week, the world gold market was less volatile with prices fluctuating in a narrow range between 2,020 USD and 2,030 USD/ounce. Kitco News' latest weekly gold survey results show that Wall Street experts are optimistic about gold in the short term. Kitco senior...