Gold prices ended five straight days of decline, trading higher at around $1,920, up 0.20% in Thursday's Asian session. However, precious metals are facing downward pressure as traders consider the possibility that the US Federal Reserve (Fed) will increase interest rates by 25 basis points (bps) until the end of 2023. . Hawkish sentiment surrounding the Fed's...
World gold prices this morning increased slightly in the context of the market waiting for further data from the US economy to guide prices. It is expected that the August Consumer Price Index Report will be published on September 13. The gold market is under technical selling pressure due to a lack of price increase motivation. Recent negative information about...
Gold prices traded around $1,920 per troy ounce in the first hours of trading during Monday's Asian session. The precious metal managed to hold on to its previous weekly close, receiving some support from the weakening US Dollar (USD). The US Dollar Index (DXY), which measures the Greenback's performance against six major currencies, is currently trading around...
Gold prices tried to make up for the previous day's losses, trading around $1,910 per troy ounce higher in the early trading hours of Wednesday's Asian session. This currency pair is trending up due to the decrease in the value of the US Dollar (USD). However, gold prices face challenges as the market is cautious ahead of the release of US inflation data,...
Uptrends are marked by rising data points, such as higher swing highs and higher swing lows. 1. Downtrends are marked by falling data points, such as lower swing lows and lower swing highs. 1. Many traders opt to trade in the same direction as the trend, attempting to profit from a continuation of that trend
Usdcad can be traded in both direction Long can be traded in ltf and short opportunity can be obtained at htf supply zone above
EURUSD - Selling Opportunity. Timeframe analysis: 1H. Selling opportunity in the EURUSD pair after a multi-timeframe analysis revealed the following convergences: - 4H: Fast-moving average acting as resistance. - 1H: Slow-moving average acting as resistance. - 15min: Fibonacci level (-0.236) acting as a point of exhaustion of the bullish momentum (pullback), thus...
This was trade shared previously running in good profit we can hold till demand zone here
👑Royal Trade👑 We buy Put when Market Break 25800 and wait to close the candle and my target is 25730 Don't buy any-trade without stop loss NOTE #We Are Not Promote Anything #This channel Purpose to share market ideas. Thanks for Watching🙏
Gold prices traded with a negative bias for the second consecutive day on Tuesday, although lacking continuation and remaining within the familiar range maintained over the past week or so. XAU/USD is currently placed just below $1,940, down less than 0.10% on the day and pressured by a combination of factors. Despite signs that labor market conditions in the...
Usdjpy rejected from supply zone can more downside now (trade activated)
Ukx intraday bearish setup Bearish sentiment already in higher timeframe so bearish setup is in more favour
Usd cad seems to be bearish soon . It can be rejected from the major supply zone after grabbing the liquidity
Gold prices extended their recovery for the third consecutive session and touched $1,950 on Wednesday. This daily increase is due to increased open interest and it suggests that additional profits will emerge in the near future. However, the next important target for the precious metal is the high of USD/troy ounce in July 1987 (July 20). Our Technical Confluence...
The range in gold futures on Wednesday, Thursday, and Friday of last week was tepid with a defined intraday high on all three days at approximately $1950 to $1955. Yesterday's report which revealed a softening of job openings resulted in a surge in moving gold of approximately $20, today gold had a fractional gain when compared to yesterday of approximately...
According to the report the core PCE price index (excluding food and energy) rose from 4.1% to 4.2% annually. Although prices continue to rise American consumers increased their spending by 0.8% in July although personal income only gained 0.2%. The core PCE rose 0.2% month over month and weekly jobless claims fell to 228,000 down 4000. Today the Labor Department...
we can look for short oppertunity from the supply zone