Today, the price of gold witnessed a notable ascent, initially surging to $2,352.5 as the Asian markets opened, before cooling down and stabilizing at around $2,345. This persistent upswing in the precious metal has been fueled by demand for safe-haven assets amidst concerns over ongoing conflicts. Meanwhile, markets await the release of the Federal Reserve's...
Gold is on a fast track to making history with its eighth consecutive day of gains, barely pausing long enough to offer a better entry point for those looking to ride the uptrend. The precious metal shows hardly any signs of a slowdown, with today's CPI data spotlighted as a potential game-changer. Reflecting on recent events, not even the NFP report could put a...
Today’s gold trading conditions are as follows: 1.Xauusd:@2348-2350 Sell, TP:2338 Profit: + $1659 2.Xauusd:@2322-2320 Buy, TP:2335 Profit: + $4179 Around the time when the CPI data was released today, we shorted gold in the 2348-2350 area. When gold hit TP: 2338, I went long gold again in the 2322-2320 area, and gold hit TP again: 2335. Because CPI data will...
Dear Silver Robbers, This is Scalping Trade master plan to Heist Bearish side of Silver. My dear Robbers U can enter to sell, Our target is Green Zone that is High risk Dangerous area Pullback will happen at the Trap area kindly Escape. My dear Robbers Be safe and be careful and Be rich. Loot and escape near the target 🎯
DISCLAIMER This is not financial advice; you are trading at your own risk. Never risk more than you are willing to lose. Gold/USD (XAUUSD) Ideas For 11 April 2024 Trade Idea 1 SELL LIMIT Order: $2339.77 Stop Loss: $2360.40 Take Profit 1: $2319.40 Take Profit 2: $2308.31 Trade Idea 2 SELL LIMIT Order: $2344.58 Stop Loss: $2360.40 Take Profit 1:...
Today I'm breaking down one of my favorite assets to trade and that's TVC:GOLD or to some XAU/USD. I don't like to fight the bull, but this setup shows a nice trendline bounce for a continuation or we can see a nice correction move coming for $GOLD. Our algo usually gives decent signals and we look to the charts for our entry. Trade safe my friends.
Market Analysis PT2/2 (11th April 2024) XAUUSD Analysis On the 1 hour timeframe, price has created a bearish Change of Character with a body candle close, caused by the movement from CPI. This means that the 1 hour timeframe has shifted bearish and shorts are more favoured. On the 15 minute timeframe, price has created an unmitigated orderblock that hasnt...
The current trend is very bullish. Fundamentals playing a role. Gold remains a safe assets during wars. In my last analysis i notified the montly timeframe were we cuyrrently broke out the major ranging market. It is posible that we will stay in a bullish trend for longterm with targets 2400 and 2500 in the long run. Priceaction remains important. Selling can...
Copper continues to rise in price. In addition to the fundamental factors, there is some sentiment from the options market that the quotes may rise further. Call 4,3 $ - 56 days before exp. The unusual interest in this level suggests that there's a positive sentiment among option traders.
🚨 🚨 🚨 #Gold is forming a Bearish Engulfing on the daily charts. Volume is almost there for a confirmation of the pattern. Money Flow is low. Overbought. Weekly we see Gold forming a doji = battle bulls & bears. #Silver is at a major resistance. This should be an interesting week... AMEX:GLD AMEX:GDX AMEX:GDXJ AMEX:SLV
Hello traders, We are witnessing an exciting time in the gold market, with gold prices recently hitting all-time records. Although prices have cooled a bit since then, experts believe that gold still has a lot of support. There are three main reasons why gold prices are rising: the geopolitical situation, central banks' continued gold purchases, and gold's role...
Hey Everyone, Yesterday we hit the 2364 target completing this chart idea. This followed with the rejection into 2338 and 2324, as no further lock above 2364, which is a good area of weighted support providing plenty of bounces inline with our plans to buy dips. If this level holds we are likely see another attempt at the levels above for a test should 2324 now...
Today's world gold price is listed on Kitco at 2,175 USD/ounce, up 17 USD/ounce compared to early yesterday morning. World gold prices rebounded due to the weakening of the USD as investors still hope that the US Federal Reserve (Fed) will cut interest rates in June despite high inflation in the US. Meanwhile, escalating geopolitical tensions cause safe-haven...
Gold has been on a tear in 2024 fueled by a confluence of global uncertainties, the precious metal has seen its price surge nearly 20% since mid-February, reaching a series of all-time highs.expand_more But according to macro fund managers interviewed by Bloomberg, this rally might just be getting started. The Allure of Gold: A Safe Haven in Tumultuous...
World gold price stood at 2,300 USD/ounce, a sharp increase of 18 USD/ounce compared to the same hour yesterday morning. Gold prices continue to reach new record highs in history, with no end in sight. Since the beginning of April until now, gold prices have continuously increased, breaking previously established peaks. The prospect of interest rate cuts,...
Today on Wednesday, the market will focus on the CPI data for March and the minutes of the Federal Reserve meeting to be released by the Federal Reserve. Judging from the recent data released by the Federal Reserve, it is good for the US dollar and negative for gold. The specific data performance will depend on the actual data release. Let us see Will it dampen...
I'm sharing with you again one of my trades for this week, You can buy XAUUSD when it reaches 2308.954, SL and TP set them as in the chart. The market will come down to liquidate at 2318.780 to get to our OB before continuing its way up. For further info, don't hesitate to ask!
GOLD 2618 TRADE AFTER CPI Hello Guys, Long time no see After CPI data, Gold break down 2340 and fell to 2319, Now the price pull back to 0.618 level which is great place to short! Aim 2290 and 2200 SL above 2360 FED is unlikely to cut the rate before Sep DXY will be strong in the next few months