XAU/USD ended Wednesday's trading session at its lowest price in three weeks, hitting a new low of $1,905 as the inflationary backdrop in the US continued to frustrate gold investors. Gold continues to be rejected from $1,940.00 after last week's action saw the yellow metal fall back as US Treasury yields and the US Dollar (USD) continued to trouble scarf on the...
Gold yesterday opened the weekly trading session with an upward trend from 1916 to 1930 when the USD experienced declines and corrections after the Bank of Japan's move caused the market to increase expectations for the future. The Yen negative interest rate period will soon end. The US Dollar Index (DXY) fell to around 104.60, trying to offset losses thanks to...
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...
After reaching a one-month high on the first day of September 2023, the global spot gold price hovered around $1,930 per ounce. Traders' and investors' risk appetite plunged to its lowest level in a short trading week on the back of US holidays and news about the Chinese economy. History shows that September and October can be volatile for stock and financial...
Usdjpy sell now @145.787 Sl 152.000 Target one 143.723 Target two 141.180 Target three 138.638 Target four 135.019 Target five 130.409 Target six 127.500 Target seven 117.095 Open this trade with 0.01 lot each position open seven positions i recommend all of you only open this trade if u have equity more than 500 usd then only open this trade otherwise ignore but...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at 1,898,220 USD/ounce. Converting at the current exchange rate at Vietcombank, world gold is about 54,053 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 12,997 million...
World gold price this morning tended to increase with spot gold increasing by 1.3 USD, so with last week's closing session, it was 1,914.4 USD/ounce. The dollar continued to increase for the fourth week in a row and closed the week session higher. Initially, the DXY Index dipped below the 102 mark, following the release of US inflation data. The index hit a low...
Hello everyone Welcome to forex traders as this forecast is of GBP/USD Presently you can see price is rising for past few months in a zig zag structure. Currently we have seen an decline in weekly candle which is an opportunity as price should start moving up again in upcoming days after this correction completed. Thank You
OANDA:XAUUSD The US dollar benefited from a fresh rise in US Treasury yields, sending gold prices plunging. Amid increased hawkish sentiment around the Fed rate outlook, all eyes will be on Fed Chair Jerome Powell's speech later Wednesday. The 14-day Relative Strength Index (RSI), suggesting that gold's downside risks remain. So, the nearest support is at...
FOREXCOM:NZDCAD - Break the supply but not closing above the supply - Wait for the Confirmation in LTF -2 Higher High....Looking for the 3rd High -Chance to Sweep the IDM(x) & Reverse - V-shape recovery - High Volume in Buying Candle ...............here is the full multi time frame analysis for this pair, let me know in the comment section below if you have...
the counter has run up a lot recently and a consolidation rectangle on the hourly charts has been formed from which the pair has broken down. We are looking at the support of around 179.5 as the target.
Gold prices held steady on Tuesday on positive sentiment surrounding the US central bank's decision not to raise interest rates this month. The US Dollar Index (DXY) initially fell but is expected to fall further due to the Fed's tightening monetary policy. Regional banks in the United States are using credit filters, which can lead to a drop in economic...
GBPNZD Bulish Trade Opportunity Its recently retest the support area and the formation of a reversal candle on that level, it's a favorable opportunity to initiate a buy trade with a good risk-reward ratio.
The EUR/USD needs to move through the $1.0597 pivot to target the First Major Resistance Level (R1) at $1.0647. A return to $1.0550 would signal a bullish session. However, the EUR/USD would need the German and US stats to support a breakout session. In the case of an extended rally, the bulls will likely test resistance at $1.07 but fall short of the Second...
xauusd is ready fly , please play this setup and you realize this setup is my dream comment please