sagaahhelite

sagaahhelite

After Mutiple High Breaking Rally in SPOT GOLD , here are new set of technical and fundamental analysis, expected Range of channel is still under $2200 - $2300, amidst of US Elections and uncertainty amongst buyers and sellers.

sagaahhelite

As Stated Earlier about the different zone related to gold movement and upside surge of rally , once again gold moved in a pattern followed by previous chart touched a high at $2126 Oz. today, marching towards previous higher mark of $2148 on 12th Dec 2024. As mentioned gold is at 2nd Selling range, But no sign of reversals are seen yet. Important Data is Lined...

sagaahhelite

As per our previous analysis and level targets , spot gold is moving towards 2100 targeting previous dec high of 2148, as per Fib channel and retracement patterns , i am expecting range zone to be dropped down by 2070-2040 in next set of weeks due to pressure building over gold and other reasons involving USA elections ahead. Range and Expected Target zones are...

sagaahhelite

Mentioned Selling Area Idea Achieved CMP is 2063: As mentioned for different zones for selling area and buying area, post Michigan sentiment data release and while Running Speech of Fed Member we have witnessed gold value touched at 2063 from where its a possibility that it will take a turn towards Pivot range in coming week time Not to Forgot that Next Week if...

sagaahhelite

XAU/USD (Gold/US Dollar): Recent Trend: Trending between $2040-$2020 in moderate risk. Current range: $2040-$2020(Hook Zone) Trading Range: Based on recent trends and support/resistance levels, trading range for buying or selling stands at highs and lows. Additional Notes: Waiting for updated support/resistance (SR) range after USA data release. Recent Trend:...

sagaahhelite

As per previous prediction range in gold is still following and looking at this week with Chinese year celebration and volume drop in market , gold still performing average with some data and volume. Further with CPI data and upcoming events, I am expecting gold will Target zones as mentioned in image Zone1 and Zone2.

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Market Analysis Report -02/02/2024 NFP Overview: The following analysis provides insights into current market conditions based on recent data and live prices for Gold (XAUUSD), the US Dollar Index (DXY), USDJPY, and Silver. 1. Federal Reserve Interest Rate Outlook: The Federal Reserve has maintained its interest rates, as per recent information. A strict denial...

sagaahhelite

XAUUSD Since last FOMC int rate Decline has been trending under same range, My given range is awaited for further actions. I will wait till at least 2 ranges so that we can be more sure. tomorrow with NFP data release the course of gold values might change and we will get more clear entries for performing on portfolios.

sagaahhelite

Repositioning in the bond market before the Fed interest rate decision and Chair Jerome Powell's press conference contributes to the persistent weakness in US Treasury bond yields. The Federal Reserve is anticipated to maintain unchanged interest rates following its two-day policy meeting on Wednesday. Attention will be on Powell's post-meeting press conference...

sagaahhelite

Since last 48 days gold is trending under a closed range of 2063-2010 -$50 range which covers whole month data , geopolitical tensions and FOMC Interest rate decisions. XAUUSD showing no much interest since long , previous high was taken on 4th Dec 2148 and in same month on 13th Dec 2023 took previous low of 1973 post which a major movement is missing. this week...