Hello traders ,what do you think about GOLD? After its fall, gold has now reached a support zone. From this level, it is expected to initiate an upward correction to the indicated resistance zone and then fall to the indicated level. If this post was useful to you, do not forget to like and comment.❤️
Gold prices remained subdued on Tuesday as investors were eagerly anticipating further signals about the state of the U.S. economy in anticipation of the upcoming Federal Reserve meeting later this month. This is due to the increasing expectations of a pause in interest rate hikes. - Spot gold was unchanged at $1,937.58 per ounce as of 0058 GMT, pulling back...
Hello traders ,what do you think about GOLD? After reaching the specified resistance zone, gold was not able to cross it. In the following, it is expected to fall to the specified levels with a slight fluctuation in this area. If this post was useful to you, do not forget to like and comment.❤️
In a quiet holiday trading session on Monday, gold prices remained stable, benefiting from a slight decline in the U.S. dollar. Market participants were growing increasingly confident that the Federal Reserve had completed its series of interest rate hikes. Spot gold was virtually unchanged at $1,939.61 per ounce as of 9:52 a.m. EDT (1352 GMT), following a recent...
The buying pressure on the 4-hour chart is notable, and Gold is currently situated at the lower end of its trading range. There's a significant chance that the XAUUSD price could increase from this support area.
As I said in the previous analysis, the price reached our desired ranges. Considering the encounter with important resistances (1-hour resistance zone 1949.7-1955 and the red trend line (daily)) and a relatively strong return, we expect the price to return to the support zone below 1880 Resistances: 1941.7 and 1948 Support: region 1914.5-1917.3 target: 1880
Hello Traders Investors And Community, welcomt to this analysis where we are looking at GOLD 2-hour timeframe perspective, the recent events, the current formational structure, what we can expect the next times and how to handle the situation. As GOLD provided a massive bull market to the upside with heavy volatile bullish moves we should not be naive and expect...
Hello Traders! On The Daily Time Frame The XAUUSD Price Formed a Falling Wedge Pattern ! Currently We Have 2 Scenarios: Bullish Scenario📈 If the price breaks and closes above Resistance Line ! Then ! We Will See a Huge Bullish Move📈 TARGET: 1972.000🎯 Bearish Scenario📉 If The Market Breaks Support Line and Closes Below That I Will Sell in Retest... TARGET:...
Hello Traders! On The Daily Time Frame, The XAUUSD Reached a Strong support Level ! Currently, On 4H, The Price Failed to Create new Lower Low 📉 and formed a Double Bottom Pattern ! Moreover, The Resistance Line of the descending channel is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 1942.000🎯 ___________ if you agreed...
Hello traders ,what do you think about GOLD? After rising, gold has now reached the resistance zone and the ceiling of the ascending channel, now it is expected to fall to the specified level with a little fluctuation in this area. If this post was useful to you, do not forget to like and comment.❤️
Hello traders ,what do you think about GOLD? After breaking the resistance in the 1910 zone, gold has now reached the resistance zone. it is expected After a correction and a pullback to the broken resistance, it to grow at least to the specified level. If this post was useful to you, do not forget to like and comment.❤️
Gold prices surged by nearly 1% in the last 24 hours due to an unexpected shortfall in US job openings, which has raised expectations of a more dovish Federal Reserve in the long term. Retail traders have swiftly reacted by increasing their bearish positions on XAU/USD, a trend reflected in the IG Client Sentiment (IGCS), often used as a contrarian indicator....
Gold prices advanced on Tuesday as both the dollar and Treasury yields retreated from recent highs. This shift in financial markets comes just ahead of critical U.S. inflation and job data releases scheduled for this week, which have the potential to significantly influence the future direction of interest rates. **Key Points:** - **Spot Gold:** As of 0113 GMT,...
As I mentioned in the previous analysis, with the breaking of the trend line B, gold can see higher prices. Although the price chart is bearish in the weekly and daily time frames, my short-term analysis will be as follows: Support: 1897-5/1900 Resistance: 1942-1947
Gold prices hit 2-week highs and settled above the key $1,900 an ⚡️ounce level Wednesday as the dollar and Treasury yields retreated from recent highs ahead of Federal Reserve Chair Jay Powell’s speech later in the week at the central bank’s annual policy event in Jackson Hole, Wyoming. ⚡️This allows spot prices to return to the $1,900 threshold, although growing...
"Rising from the Ashes: The Phoenix's Role in a Multipolar Financial Landscape" “You cannot change how people think, all you can do is give them a tool, the use of which will change their thinking.” - Richard Fuller. It's been over 35 years since the publication of The Economist magazine with the cover "Get Ready for the Phoenix," where the coin is stamped...
Dear traders, Gold in the 30-minute time frame can experience a price correction. Until it breaks above the level of 1912, we cannot say that the trend is definitively bullish, despite the price showing a tendency to rise. You can enter buying positions at lower levels and also consider selling positions based on your trading style. I would appreciate it if you...
Gold is trading flat in the Asian morning session, following a decline overnight, as investors contemplate the U.S. Federal Reserve's upcoming policy decisions. ANZ analysts suggest that robust recent economic data may prompt the Fed to consider tightening monetary policy. Investors are keenly observing the Jackson Hole symposium this week for additional insights....