DollarHunterx

DollarHunterx Updated 

Gold prices surged on Thursday amid U.S. dollar weakness after the FOMC delivered a dovish interest rate hike and signaled that its tightening campaign may be nearing its end. In late morning trading, XAU/USD was rallying about 1% to $1,986, inching ever closer to its 2023 highs, just above the psychological $2,000 level set this past Monday. SELL ZONE: 1994-2004...

DollarHunterx Updated 

The Federal Reserve (Fed) raised its key interest rate by 25 bps as expected to 4.75% -5.00%. The vote was unanimous. They dropped the forward guidance, mentioning that “some additional policy firming may be appropriate”, instead of “ongoing increases in the target range will be appropriate”. HIT TARGET 2. ENJOY! #M88N #GOODLUCK

DollarHunterx

The Federal Reserve (Fed) raised its key interest rate by 25 bps as expected to 4.75% -5.00%. The vote was unanimous. They dropped the forward guidance, mentioning that “some additional policy firming may be appropriate”, instead of “ongoing increases in the target range will be appropriate”. In a few minutes, Chair Powell's press conference will begin. As per our...

DollarHunterx

Gold price struggles for clear directions around $1,980, following a pullback from the yearly high above $2,000, as markets slip into the cautious mode ahead of the key data/events. 100% SNIPER as per our analysis ^^ Hit TP 2! 470 pips. Enjoy!! #M88N #Goodluck

DollarHunterx Updated 

Gold price struggles for clear directions around $1,980, following a pullback from the yearly high above $2,000, as markets slip into the cautious mode ahead of the key data/events. QM structure almost complete on TF H4. Sell zone: 1980-1988 TP 1 : 1965 TP 2 : Refer to mapping TP 3 : Refer to mapping SL 50 pips from zone #M88N #GOODLUCK

DollarHunterx

Gold price struggles for clear directions around $1,980, following a pullback from the yearly high above $2,000, as markets slip into the cautious mode ahead of the key data/events. HIT TARGET 1. Running 200 pips. Enjoy profit! #M88N #GOODLUCK

DollarHunterx Updated 

USD/JPY is likely to drag further amid the strengthening appeal for the Japanese Yen. Target reached! Enjoy 100 pips. #M88N

DollarHunterx

USD/JPY is likely to drag further amid the strengthening appeal for the Japanese Yen. Buy zone: 130.000 - 130.800 TARGET: 131.500/OPEN SL 30 PIPS FROM ZONE

DollarHunterx Updated 

USD/JPY is turning south toward 132.00, as the US Dollar stages a comeback while the US Treasury yields retreat alongside the US S&P 500 futures. The Japanese yen is recovering ground, despite the BoJ defending its easy monetary policy. BUY ZONE: 132.080 TP 1: 132.400 TP 2: 132.800 SL 40 PIPS FROM ZONE

DollarHunterx

Gold price (XAU/USD) takes offers from the Year-To-Date (YTD) high while targeting the previous resistance surrounding $1,960, near $1,976 by the press time of early Monday in Asia. In doing so, the precious metal pares the recent losses after posting the biggest daily and weekly jump in three years in the last. Sell zone 1: 1978-1988 Target 1: 1960 Target...

DollarHunterx

Responding to the latest nonfarm payrolls report, gold for April delivery on New York’s Comex settled Friday’s trading at $1,867.20 an ounce, up $32.60, or 1.8%. The session high was $1,871.85, a peak since the $1,884.60 registered on Feb. 9. Gold trading plan for scalping/pullback. Sell Zone 1: 1867-1872 Sell Zone 2: 1882-1889 TP 1: 1857 TP 2: 1845/OPEN SL 50...

DollarHunterx

Gold price edges higher on Thursday, albeit lacks any follow-through buying and remains confined well within the previous day's broader trading range. The XAU/USD currently trades just above the $1,815 level and seems vulnerable to prolonging its downward trajectory witnessed since early February. Target 1 reached! Congrats to everyone who follows! #M88N

DollarHunterx Updated 

Gold prices (XAU/USD) plunged on Tuesday, falling nearly 2% below the $1,820 threshold, after Fed’s chair Powell embraced a hawkish stance at a Congressional hearing, indicating that the FOMC’s terminal rate is likely to settle higher than initially anticipated in response to sticky inflation. Silver (XAG/USD) also took a beating, plummeting more than 4% to...

DollarHunterx Updated 

“The Euro is looking more attractive than the pound, thanks to the ongoing hawkish repricing in ECB rate expectations and a more encouraging domestic outlook.” “Like the Euro, the Pound is lacking internal drivers this week, but in light of the deterioration in sentiment and the EUR’s better fundamentals, we continue to see moderate upside risks for the pair, with...

DollarHunterx Updated 

Target Reached!! 110 pips! Congrats to everyone who follows! :))) Now lets wait for the next sell zone. #M88N #Goodluck!

DollarHunterx Updated 

“The price increase seen this week despite even higher interest rate expectations could indicate that the correction of the gold price is more or less complete and that the price may have bottomed out at the beginning of the week.” Sell Zone 1: 1855-1860 Sell Zone 2: 1883-1890 TP 1: 1844-1847 #M88N #GOODLUCK

DollarHunterx

A weaker US Dollar likely helped give XAU/USD the juice it needed to squeeze out a third consecutive daily gain. Gold’s 1.35% gain this week so far is shaping up to be the best since early January.

DollarHunterx

Even though gold prices aimed higher on Wednesday, the yellow metal might find that maintaining its momentum will be difficult. A weaker US Dollar likely helped give XAU/USD the juice it needed to squeeze out a third consecutive daily gain. Gold’s 1.35% gain this week so far is shaping up to be the best since early January. BUY ZONE 1 1831-1826 BUY ZONE...