GOLD-Carrier

GOLD-Carrier Updated 

Hello trader, some important analyzes you need to pay attention to! Gold remains defensive near 1,900 amid USD demand In terms of technical analysis, the daily chart of XAU/USD suggests a potential change in direction. XAU/USD experienced a significant decline for two consecutive days, pushing its price below all moving averages. The 89 EMA is currently acting...

GOLD-Carrier Updated 

Gold hovers near 1,910 with a negative bias, focus on US macros The price of gold is currently declining, trading at a lower level of approximately 1,910 per troy ounce during the Asian session on Tuesday. The US Dollar (USD) is gaining strength, partially due to a cautious market sentiment and increased US Treasury yields. The XAU/USD is expected to experience...

GOLD-Carrier

The US Dollar Index (DXY), which measures the value of the Greenback against six major currencies, is facing difficulty in building momentum and is currently hovering around 105.60 at the time of this writing. Moreover, Susan Collins, the Boston Fed President, has indicated that there is a possibility of further tightening, but she has emphasized the importance...

GOLD-Carrier Updated 

Federal Reserve officials have turned cautious, led by Boston and San Francisco Fed Presidents Susan Collins and Mary Daly, emphasizing that although inflation is cooling and further interest rate hikes are needed, the Fed must patient. Fed Governor Michelle Bowman commented that further interest rate increases are needed to control inflation. Weekend flows are...

GOLD-Carrier

XAU/USD sticks to modest gains near 1,925, hawkish Fed to cap the upside The price of gold is continuing to rise after rebounding from the 1,914-1,913 range, which was the lowest point of the week. During the Asian session on Friday, the XAU/USD is currently trading around the 1,925 area, showing a slight increase of more than 0.20% for the day. It appears that...

GOLD-Carrier Updated 

Gold pared those gains after the Fed left rates unchanged but signalled they will stay higher for longer than expected. Strategists at ANZ Bank analyze the yellow metal’s outlook. SETUP PLAN NEWS BUY zone 1914-1916 with SL at 1910 and Profit depends on your greed!

GOLD-Carrier Updated 

The Fed's hawkish stance on interest rates trajectory exerts pressure on the prices of the yellow metal. As expected, the Federal Reserve opted to maintain the current benchmark policy rates at 5.5% during the meeting held on Wednesday. Moreover, it is anticipated that the central bank will pursue an additional rate hike in 2023, in line with the Federal Open...

GOLD-Carrier Updated 

Gold price consolidates around 1,930 during Asian trading hours on Wednesday as market players await the Federal Reserve's Interest Rate Decision and FOMC Press Conference, which could impact market volatility. 🐾 BUY XAUUSD zone 1921 - 1924 (limit) ⚠ Stoploss : 1918 💲 Take Profit : 1930 💲 Take Profit : 1935 💲 Take Profit : 1940

GOLD-Carrier

The United States Dollar (USD) has entered a phase of bullish consolidation near a six-month high against its main competitors, supported by the latest rally in the US Treasury bond yields and broad risk aversion. Traders are risk averse, as a typical caution prevails ahead of the Fed policy announcement and Chairman Jerome Powell’s press conference. All eyes...