✍️ NOVA hello everyone, Let's comment on gold price next week from 18/3 - 22/3/2024 🔥 World situation: The price of gold declined from approximately $2,180 on Friday, experiencing consecutive sessions of losses as investors' expectations for the start of the US Federal Reserve's easing cycle were delayed due to robust US economic data. The...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early European session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a range. It is currently consolidating its recent significant gains, reaching a three-month high around the $2,120 mark touched the previous day. Traders are displaying hesitancy and prefer to...
✍️ NOVA hello everyone, Let's comment on gold price next week from 4/3 - 8/3/2024 🔥 World situation: The ISM February Manufacturing PMI decreased to 47.8 from 49.1, indicating a contraction in the U.S. manufacturing sector. Timothy Fiore, Chair of the Institute for Supply Management, mentioned that the rate of contraction was faster than in January, with a...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold remains stable around $2,030 on Wednesday, showing a slight increase of 0.17%. This comes after the US Bureau of Economic Analysis (BEA) announced that the country's economy has grown. The decline in US Treasury bond yields has kept the value of gold close to its monthly and weekly...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is experiencing modest gains but remains stuck within a narrow range during Tuesday's mid-North American session. This is supported by the decrease in US Treasury bond yields, which in turn weakens the US Dollar Index (DXY) by 0.05%. Currently, XAU/USD is trading at $2,034.88, showing...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session. It is currently down by 0.40% due to a decline in the value of the US Dollar (USD). The drop in gold prices can also be attributed to an increase in the US 10-year Treasury...
✍️ NOVA hello everyone, Let's comment on gold price next week from 26/2 - 1/3/2024 🔥 World situation: The price of gold has once again started to rise this week and is expected to end the week positively. This increase in price is due to the decrease in US Treasury bond yields and the lack of significant news updates. Federal Reserve officials, including New...
✍️ NOVA hello everyone, Let's comment on gold price next week from 29/1 - 2/2/2024 🔥 World situatio and Identify: Next week, we will wait for a lot of very important news such as: CB Consumer Confidence, NF, Employment Cost Index q/q, pmi, verage Hourly Earnings m/m... and especially will announce the extremely impressive Federal Funds Rate. important for...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Wednesday, the price of gold (XAU/USD) experienced a slight decline and moved further away from its two-week high reached around the $2,048-2,049 range the day before. This decrease is attributed to investors adjusting their expectations regarding the speed and extent...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During Tuesday's trading session, the price of Gold (XAU/USD) reached $2,030, indicating a gain of 0.43%. This comes after a notable 2% loss last week, as the bears take a pause. The daily chart suggests a neutral-to-bearish sentiment, while the four-hour indicators show a slight inclination towards the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is moving downwards, reaching $2,027 in the early Asian session on Monday. The strong economic data from the United States has led to expectations that the Federal Reserve (Fed) may postpone interest rate cuts, thereby strengthening the US Dollar (USD). The crucial support...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the early trading hours in Asia on Thursday, the price of gold (XAU/USD) has fallen to the $2,000 level. This decline in the value of the precious metal is driven by strong economic data in the United States, which has diminished expectations of an immediate interest rate cut. Currently, at the...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is experiencing slight increases above the $2,050 level in the early Asian session on Tuesday. The rising tensions in the Red Sea and the prevailing risk-off sentiment favor the demand for safe-haven assets like gold. Currently, the gold price is being traded at $2,055,...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is trading without much movement during the early Asian session on Monday. However, the increase in the value of the precious metal is being supported by the weaker US Producer Price Index (PPI) data and escalating tensions in the Middle East. Currently, the gold price stands...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold. The presence...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar showed weakness against other currencies, while the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies used by US trade partners, fell to its lowest level since July at around 101.45. Treasury yields decreased, with the 10-year yield at...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The last week of 2023, without much important economic news, Gold prices maintained a stable high price range above $2050. The information that interest rates will remain unchanged is the information that investors are most interested in, which is beneficial for Gold. Creating one of the most...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is struggling to take advantage of its temporary increase to a level close to the highest point in three weeks. Currently, it is trading just below $2,050 as we enter the European session on Friday. The US Dollar (USD) has gained some positive momentum, recovering from a...