In the ever-evolving world of financial markets, certain assets have maintained their status as pillars of reliability, offering both value and security. Gold, over centuries, has solidified its position as one such asset, renowned for its role as a safe haven and wealth preserver. As we navigate the intricate financial landscape of 2023, characterized by shifting...
Yesterday, gold fell to 1905 due to the influence of CPI, but it did not fall below 1905, so it can be judged that 1905 has strong support. But 1915 also has a lot of resistance, so now gold is still fluctuating in the range, the range is 1905-1915. Today, pay attention to the number of U.S. unemployment benefits and the monthly retail sales rate in...
Set a Buy limit for gold Layers between 1906 - 1904 Sl @ 1897 1st tp @ 1909 2nd tp @ 1914 3rd tp @ 1916 0 mistakes all week! Expecting 1 final drop before a push up!
Intry price:1936.00 Tp short : 1919.00 Stop lose: 1943.50 Risk/reward ratio:2/55’
Sell tp 1: 1918/00 Sell tp2: 1909/00 Intry price: 1923/25
Intry price:1927.00 Tp 1 short:1922.70 Tp2 short:1921.50 Tp3 short:1920.00
Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few time ago price bounced from resistance area, which coincided with $1910 resistance level, and made strong upward impulse to $1950 Also, Gold broke $1935 level, but soon it started to decline inside falling channel, in which price fell below this...
Preferred direction: Neutral Comment: The Japanese yen is starting to gradually move into the top topics against the backdrop of recent statements from the Bank of Japan, a change in the head of the central bank, and, in general, a likely change in policy from soft to more hawkish. The fall may very well be approximately from the current levels, but most...
Preferred direction: SELL Comment: Today the market is waiting for the ECB's decision on the interest rate, as well as a number of important news at the beginning of the American session. In the meantime, we continue to adhere to our idea for sale and all goals are also maintained. The rate will most likely remain at the same values, which will actually play...
Gold is forming volume density on the resistance side which is pushing the price down. We are seeing a strong bearish trend that continues to conquer the lows TA on the oblique timeframe: 1) Price is in a bearish channel and is aiming for the nearest strong support area in the medium term - 1809 2) Within the near term target, price may reach 1885 within a few...
World gold prices fell slightly yesterday as data showed US consumer prices rising rapidly, with expectations that the inflation index may not prompt a major change in the Fed's interest rate strategy. Department of Labor data showed that headline and core CPI in August increased 0.6% and 0.3%, respectively, from the previous month. Economists expected increases...
Gold prices remain under pressure this Thursday after yesterday’s US CPI report showed elevated headline inflation despite a softer core inflation read. This translates through to sustained tight monetary policy by the Federal Reserve. Energy was the primary contributor to the higher headline figure and with crude oil prices expected to remain buoyant, the ‘higher...
Hello everyone! Gold today continues to trade below 1910 USD, down about 5 USD compared to the previous trading session. The main reason may come from last month's consumer price index (CPI) being higher than expected. This August CPI in the US increased 3.7% over the same period last year and core CPI increased 4.3% during that time, causing gold prices to...
2023.9.14 precious metals were weaker than non US currencies Hello, I'm Older Duan. Today is Thursday, September 14th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index...
Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 1-hour timeframe perspective, where I detected some worthwhile signs recently important for the confirmation and next steps in the structure to be expected. As mentioned already SILVER will increase bearishness as it established sudden breakdowns where usually more...
Hello Traders Investors And Community, welcome to this update-analysis where we are looking at GOLD 1-hour timeframe perspective, the recent events, the current structural importances, what to expect next times, what to not expect and how to handle the situation appropriately. A mentioned in previous analysis and expected GOLD confirmed its huge resistance between...
Hello Traders Investors And Community, Welcome to this analysis where we are looking at SILVER 4-hour timeframe perspective which is sending some high interesting signs at the moment since it formed some smaller up moves after its heavy decline to the downside, we should not ignore the established bearishness currently as there is still a good possibility given...
Hello Traders Investors And Community, welcome to this analysis where we look at GOLD daily timeframe perspective. GOLD has shown a heavy decline bearish to the downside where it recently found support and forming some little uptrends which is normal after such heavy decline, currently we can not one hundred percent deny the bearish continuation scenario as the...