Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 4 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
Since that meeting, key data has shown that price and wage pressures continue to ease, which should reinforce the possibility of an end to rate hikes. Even so, strong indicators of labor market activity and consumer spending could also make policymakers uneasy about the outlook for inflation to continue to ease. World gold still traded at the lowest level within...
Gold prices (XAU/USD) fell to fresh five-month lows before stabilizing around $1,890 as market participants looked for more clues to extending the previous downturn, supported by recent downturns. hawkish Federal Reserve (Fed) concerns and risk aversion. That said, fears of a recession in China and weaker growth numbers in advanced economies coupled with firmer US...
Since that meeting, key data has shown that price and wage pressures continue to ease, which should reinforce the possibility of an end to rate hikes. Even so, strong indicators of labor market activity and consumer spending could also make policymakers uneasy about the outlook for inflation to continue to ease. World gold still traded at the lowest level within...
World gold price in the early morning increased slightly with spot gold up 2.7 USD to 1,894.3 USD/ounce. Gold futures in December last traded at $1,923.7 per ounce, up $0.7 from dawn yesterday. World gold still traded at the lowest level within 5 months in the first session of the week. The precious metal's rally is still being capped by rising US Treasury...
World gold price in the early morning increased slightly with spot gold up 2.7 USD to 1,894.3 USD/ounce. Gold futures in December last traded at $1,923.7 per ounce, up $0.7 from dawn yesterday. World gold still traded at the lowest level within 5 months in the first session of the week. The precious metal's rally is still being capped by rising US Treasury...
Investors predict that the Fed will keep interest rates steady in the range of 5.25-5.5% until 2024. In this context, interest in precious metals will be less. While there is still a lot of optimism that gold could recover later this year, analysts are warning that a lot of short-term technical damage has occurred and the precious metal is likely to fall further...
In the world market, spot gold price on Kitco floor on August 19 (at 2pm, Vietnam time) traded at 1,889 USD/ounce. The world gold market was under pressure due to the increase in US Treasury bond yields and the USD index. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing the session at 103...
ABC ,correction wave , WEARE ASSUMING MARKET FOLLOW B TO C ACCORDINGTO ELLIOTT WAVE ANALYSIS , I AM NOT AN FINANCIAL ADVICER , Use properrrr and have safe trading marathon
📈🌐 In this comprehensive DXY analysis, we delve into the intricacies of the recent price action, focusing on the aftermath of waves 1-2-3-4-5 and the promising prospects of the impending correction wave. Discover how to ride the waves of opportunity for clean profits as we set our sights on Wave ABC! 🔍 Key Points: Wave-by-Wave Breakdown: We break down the...
Around 6 am on August 18, the price of gold traded at 1,890 USD/ounce, down 15 USD from the highest price last night at 1,905 USD/ounce. Gold prices in the international market continued to weaken as investors feared risks after the US Federal Reserve expressed concerns about inflation, leaving open the possibility of interest rate hikes. US monetary...
Around 6 am on August 18, the price of gold traded at 1,890 USD/ounce, down 15 USD from the highest price last night at 1,905 USD/ounce. Gold prices in the international market continued to weaken as investors feared risks after the US Federal Reserve expressed concerns about inflation, leaving open the possibility of interest rate hikes. US monetary...
U.S. retail sales data released on Tuesday showed consumer spending remained strong in the country, potentially indicating more inflationary pressures in the coming months. Investors mostly favor the dollar and Treasuries as a safer haven than gold, as risk appetite worsens amid worsening economic conditions across most globally, especially in China. The...
The radiant world gold price now continued its downward trend with spot gold dropping by $2.50 to $1,888.9 per ounce. December gold futures last traded at $1,919.1 an ounce, down $9.2 from the previous morning. World gold continued to trade at the lowest level within 5 months as bond yields continued to increase after the minutes of the July monetary policy...
The world gold price this morning continued its downward trend with spot gold down 2.5 USD to 1,888.9 USD/ounce. Gold futures in December last traded at $1,919.1 an ounce, down $9.2 from the previous morning. World gold continued to trade at a 5-month low as bond yields continued to rise after the minutes of the July monetary policy meeting of the US Federal...
The gold price trend forecast, despite short-term selling pressure, said analysts at Australia-based bank ANZ maintain their medium to long-term bullish outlook for the metal. precious type. Daniel Hynes, senior commodity strategist at ANZ, said that while he cannot rule out a drop below $1,900 an ounce, he sees signs of solid support in the market. While ANZ...
The gold price trend forecast, despite short-term selling pressure, said analysts at Australia-based bank ANZ maintain their medium to long-term bullish outlook for the metal. precious type. Daniel Hynes, senior commodity strategist at ANZ, said that while he cannot rule out a drop below $1,900 an ounce, he sees signs of solid support in the market. While ANZ...
Strategic analysis OANDA:EURUSD Today's rich agenda is completed by the Minutes from last Fed's meeting, Housing starts and industrial production in the United States. Once again yesterday's reaction of the European currency up to the levels of 1,0950 confirmed my thought that despite the pressures that the Euro receives , every time it hits some local lows ...