Currently, the cost of conquering the $2050 peak is successful, following the successful completion of the previous candle. Presently, the market is witnessing the risk of recovery as investor sentiment pushes asset prices higher, driven by the Fed's mild comments that have caused Gold to rise during the day.
The primary price target for XAU/USD is $2074 - $2087,...
Gold continues to accumulate and is currently trading at $2016. Predictions that the Fed has completed interest rate hikes and will begin loosening policies in 2024 remain supportive.
Breaking free from the previous resistance zone has caused gold prices to rise impressively. A short-term upward trend has been established. It is expected to continue to rise with...
The price of gold is currently consolidating with little volatility since the previous trading session, hovering around $2017 and $2009. The weakening of the US dollar and expectations of the US ending interest rate hikes have boosted strong demand for gold.
Currently, the US dollar has decreased by 0.1% and remained at a two-month low recorded last week, making...
At the start of the session, the price of gold surged to $2017 USD, which was 150 pips higher compared to the previous week's trading session. Currently, gold has cooled down and is trading around $2012 USD.
Due to the lack of new support in the market, speculative interest in gold positions in the United States is showing signs of narrowing. Additionally, gold...
Natural Gas important levels to watch are as follows
#Support: 246
Sell below: 246 only on 15 minute candle closure below the level.
Target 1: 243.5
Target 2: 239
#Resistance: 250.4
Buy Above: 250.4 only on 15 minute candle closure Above the level.
Target 1: 253
Target 2: 257
=> # Remember each level will act as a support and resistance individually so...
During the morning trading session, gold experienced significant volatility, reaching a peak of $2017 at one point. Currently, the price of gold has cooled off slightly, trading around $2010 at the moment.
EMA 34 and 89: are acting as catalysts for gold, although the daily increase is driven by the decrease in open interest rates, indicating a potential...
CrudeOil important levels to watch are as follows
#Support: 6420
Sell below: 6420 only on 15 minute candle closure below the level.
Target 1: 6375
Target 2: 6320
Target 2: 6280
#Resistance: 6470
Buy Above: 6470 only on 15 minute candle closure Above the level.
Target 1: 6510
Target 2: 6565
Target 3: 6650
=> # Remember each level will act as a support...
The potential for further price increases in Gold may have somewhat depleted at the current time, evidenced by its trading at a high level annually.
From the one-week chart, we can observe that the price is facing a significant annual resistance level at $2050. It is possible that the price will retest the support level at $1990, and a breakthrough below this...
Samson, hello everyone!
XAUUSD is still maintaining stability around the $1992 level, with little change compared to yesterday's trading session. Currently, we do not expect to see significant price increases for the remainder of the week as most traders are focused on this holiday and the "Black Friday" shopping event.
As a result, the market is in a...
Gold continues to rise strongly, pushing its recovery rate to $2002, an increase of 100 pips compared to yesterday's trading session.
The surge in gold prices is attributed to the weakening of the US dollar, as everyone believes that the Federal Reserve has completed its interest rate hike.
Currently, gold has entered a waiting mode as investors await new clues...
Hello Traders and investors,
All sugar sector is in limelight since few years, but this stock has performed with an average in rally. But it seems consolidation has been over now and this is now ready to fly in blue sky. In this week volumes are high for delivery, it seems smart money has taken entry and i am expecting this rally should exceed from here. And...
Samson greets everyone. The price of gold is still hovering around the $2,000 mark but has struggled to maintain that level. However, the crucial level to watch is the resistance at $2,010, as breaking above it will pave the way for further profits. As long as the price remains below that level, recovery attempts seem vulnerable.
In Samson's personal opinion,...
FOREXCOM:GBPUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
FOREXCOM:GBPAUD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Gold price pares the weekly gain, the second consecutive one, after the Thanksgiving holiday as traders seek more clues to stay bullish amid mixed clues. Also testing the XAUUSD buyers is the cautious mood ahead of today’s preliminary readings of the US S&P Global PMIs for November. That said, a downward-sloping RSI line from the overbought territory and the...
CRUDEOIL LOOKING WEAK AS PER ANALYSIS
Moving Average Observations:
Price below 50-day, 100-day and 200-day Moving average.
RSI Observations:
The Daily RSI indicator has remained below 50. This is a bearish zone. Current Daily RSI reading is 42.43.
ADX Observations:
The Daily DMI position remains bearish.
Donchian Channel Observations:
Price is below middle...
