Fundamental analysis: Gold futures in New York extended their record rally on Tuesday, buoyed by buying momentum and geopolitical risks. COMEX gold futures rose 0.89 percent to close at $2,372.00 an ounce on Tuesday, after hitting an all-time high of $2,384.50 an ounce earlier in the session and hitting a record high every day since March 28. Investors are...
Market review Spot gold on Friday (April 12) opened at $2372.2 / ounce, Asia-Europe trading hours, the US index in the $105 horizontal for several hours, the afternoon pulled up more than 30 points, the index hit a new high within the week. Gold continued its strong momentum, and the price rose directly to the $2,400 area without adjustment. As of now, the gold...
Trading is a trial and error process! In the case of continuous errors, the main problem is the shrinkage of funds and psychological suffering! A trader must reduce the probability of mistakes, because your profit comes from someone else's loss. That is to say, when someone makes a mistake, there will be profits for people to earn in the market, but you can't...
Analysis of the latest gold market trends: Analysis of gold news: On Tuesday (April 23), spot gold maintained a sharp decline during the day and rebounded sharply during the US trading session. The price of gold is currently around US$2,319 per ounce. Gold prices slipped to their lowest in more than two weeks on Tuesday as concerns over an escalating crisis in...
Trend analysis: Yesterday we have defined and emphasized the market trend. The current market trend is biased towards short positions, so the operation still needs to be high-altitude. If the market in today's early trading continues to break down strongly from Monday and Tuesday, then the market is still dominated by strong short sellers, but in terms of the day,...
Gold analysis in 4-hour and daily time frames In this video, we presented the complete analysis of gold.
After the United States released mixed economic data, the U.S. dollar fell slightly, giving gold some support and maintaining a stable situation. A report from the U.S. Department of Commerce on Thursday said that U.S. gross domestic product (GDP) grew at an annual rate of 1.6% from January to March, lower than the 2.4% expected by economists polled by Reuters....
Here is the market outlook on Gold (XAUUSD) for the coming week from 29th of April to the 03rd of May. It is a clear projection of what is mostly likely to happen on Gold next week. ANALYSIS; In monthly timeframe there is increase in rejection compared to previous week. This is a clear indicator of increase in sellers at the current price level. Two trading days...
My dear followers, This is my opinion on the SILVER next move: The asset is approaching an important pivot point 27.222 Bias - Bullish Safe Stop Loss -26.487 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 28.310 About Used Indicators: For...
Hi everybody! Data released on Friday showed that the US personal consumption expenditures (PCE) price index rose 0.3% last month, an increase in line with forecasts. Experts say that this increase is unlikely to change expectations that the US Federal Reserve (FED) will continue to maintain tightening policy until September. While data continues to suggest...
XAU/USD Sell for H4 Timeframe XAU/USD Sell 2336.65 TP1 : 2316.87 Tp2: 2298.51 This is an ideal for H4 and Daily timeframe trading. If you need more information, comment here .
have a good weekend! The market trend throughout the whole day on Friday was still quite weak, with a unilateral rise followed by a zigzag decline. The overall price fluctuated within a range, with a range of only 26 US dollars, which was similar to Wednesday's fluctuation range, but the difference was that the movement was in an inverted V shape, 2351 -52...
Hello everyone How gold will move for this week between 2290$ and 2373? We have a buy zone which starts at 2299$- 2290$ as well as the zone of 2362$-2373$ can bring gold down to a target of 2299$, however if gold close a 4H candle above 2373$$ it will go up to 2497$ Just keep in mind that this is my analysis and it's always important to be cautious when trading.
2370 more As long as the k line falls back, we are running more, as simple as that Gold does not fall back, there is no chance to dry more, the afternoon market to force, directly down 2370 line, we more The k line has always stabilized above the average line, always standing position, the average line runs steadily upward like a rock, the overnight gold...
On Tuesday (April 23), during the European trading session, gold continued the decline of the previous day. Spot gold remained volatile after falling sharply in the Asian session, falling as low as $2,295.49 / ounce. More bulls took profits amid a pullback in gold prices as easing fears of conflict in the Middle East boosted investor risk appetite, reducing...
Gold is currently under temporary pressure after the price fell below the previous high shock range on the daily trend. The short-period moving average remains in the recovery of shocks, and is still slightly weaker on the daily trend. The current range compression in the 4-hour trend is relatively small, and the short-term moving averages are basically in a flat...
My dear followers, I analysed this chart on GOLD and concluded the following: The market is trading on 2322.8 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2362.6 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to...
This is Gold on the last 10 years, its possible to see clearly the Accumulation ranges, which later expand to new ranges above, and starts a new Accumulation range. In the long term, all the currencies tend to lose value in relation to Gold, this is why in the last 10 years we only see Accumulation + Markup + Accumulation + Markup, and never a Distribution...