World gold prices increased more than 1% to the highest level in nearly two weeks in the trading session on Wednesday (July 3) due to increasing expectations that the US Federal Reserve (Fed) will cut interest rates. in September, after recent US data showed the labor market was weakening. Closing the session, daily gold price increased 1.2% to 2,357.06 USD an...
Gold costs will remain caught until "some thing shakes up the marketplace as a whole." to get better again to 2,340 USD/ounce. This absolutely offset final week`s losses. Investors need to now no longer promote at the moment due to the fact "in case you are preserving gold long-term, there's no purpose to promote due to the fact the charge remains above 2,2...
Gold prices will continue to be stuck until "something shakes up the market as a whole." to recover back to 2,340 USD/ounce. This fully offset last week's losses. Investors should not sell at this time because "if you are holding gold long-term, there is no reason to sell because the price is still above 2,200 USD/ounce".
In the market, investors are currently waiting for important US economic data later on June 27 on growth and unemployment data to gather more clues about the future of monetary policy. Data released earlier this week showed that US consumer confidence eased in June amid concerns about the economic outlook, but households remained optimistic about the labor market...
Yesterday after the US Cpi, Dollar moved on the upper foot and turned strong, And hence there was a short selling across on Commodities, Today we will expect an impulsive force from this level for Re-selling Gold again.
We are looking to sell XAU/USD at around 2033.80 with an objective of 2021. The forex fundamentals is really affecting the price action this week. The Take Profit is to be set at around 2021. The stop losses is posted at 2038
Sell dow jones index at around 38387 with an objective of 300 pips target, It is reversing from a key registance level currently. Out Tp is around 38120.
We are selling at 2065 , with a target of 2048 , Set stop loss at 2072, The reaction is due to chnages in Bond market, And aftermath of Fed meeting.
Sell at current Price, With a Stop at around 43000 , For an objective of 41200.
We are looking for sell opportunities, The leg long will be sold at around 73.40 for a target of 71.45, Wti is bearish in H4, and the corrective move up should be shorted later in the day.
I am short on Gold since Friday with the expection of reaching to 2016 and extended 2009 , The market sentiments remained the same, Dxy is almost flat. Stops should be at 2032
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According to experts, the world price of EURUSD suddenly increased sharply due to recent positive inflation data and the weakening of the USD. There is a high possibility that the EURUSD price has run ahead of the news of the meeting minutes of the US Federal Reserve (Fed) announced tomorrow morning. The USD continues to weaken as the market believes that the Fed...
The dollar traded steadily again as information on the US unemployment situation revised expectations for Fed rate cuts. Domestically, some banks this morning lowered their US dollar transaction rate from VND5 to VND20. The dollar had fallen further after weaker-than-expected consumer price data raised concerns among many that inflation was slowing rapidly toward...
Daily GBP/CHF Price Action Is Showing Price Again 1.10800 Level with Strong RSI movement and cross 60 level and broke 50 EMA and Sustain Above It.. It Could Be Good Swing trade for 10 to 15 days . Stop loss :- exit if Price Close Below 20 Ema With Daily Price Action. Target :- 90 and 180 pips
Gold prices attracted renewed buying pressure on the first day of a new week and continued to rally above $1,945 during the Asian session. . The mixed monthly jobs report from the United States (US) on Friday ensures that the Federal Reserve (Fed) will keep interest rates unchanged at its September policy meeting, so this is considered is beneficial for Gold...
Gold prices attracted new sellers after the Asian session jumped to the $1,944 region on Friday and hit a new daily low in the past hour, albeit to no avail. XAU/USD is currently trading just below $1,940, virtually unchanged today, as traders patiently await closely watched monthly jobs details from the United States (US) ahead when betting in new...
Gold prices traded actively for the fourth day in a row on Thursday and are currently hovering just below the $1,920 region, or near a two-week high hit the previous day. However, XAU/USD lacks bullish confidence, needing caution before continuing the recent bounce from the $1,885 region or the lowest since March 13 and hitting this week's top. Amid worsening...