Hello dear traders! Nice to see you all again to explore and discuss today's market! Currently, the gold price has had a slight decrease from the previous session after reaching a peak of $ 1,952.79 / ounce, the highest this month, then falling to $ 1,936 / ounce. Gold is expected to see significant changes ahead of the Federal Reserve's upcoming monetary policy...
At the end of last Friday's session, GOLD had confirmation of a sideways accumulation around the 1916 - 1928 border after the price tried to push up past the 1928 peak but then sold back strongly during the night of Friday, which This shows the hesitation of investors before the US inflation announcement on Wednesday night this week. If we label the short-term...
US Dollar Index continues to recover while gold comes under some fundamental pressure holding back the upside as core US Personal Consumer Expenditure (PCE) Price Index (PCE) data for August improved a bit. little. The US Nonfarm Payrolls (NFP) report, due out today, is expected to bring huge volatility across the market as it will shape the Fed's capabilities...
Gold price today continued to maintain a downtrend and traded around 1925 usd/ounce. It can be seen that last night, the USD had a hot session again, causing gold to come under downward pressure and hit its lowest level in the past week. In the near future, the gold price may drop further to the threshold of 1,900 USD/ounce when the USD is still rising. If on...
In the early hours of September 8, the global gold price on the Kitco exchange was trading at $1,918.20 an ounce, up $1.8 from the previous trading hour. December gold futures traded 0.16% lower at $1,941.10 an ounce on the day. Gold prices rose after yields on 10-year U.S. Treasuries fell slightly as investors waited for more U.S. economic data to gauge interest...
2 minutes ago In the current situation, the Fed has put an end to a string of rate hikes after the release of a report showing that the US unemployment rate has soared and wages have risen modestly, but labor market conditions are supporting consumption. It is possible that Polish. The dollar index also dropped 0.2%, making bullion more attractive to holders of...
Gold price regains positive traction and remains within the striking distance of a one-month top. Expectations that the Federal Reserve is down with its rate-hiking cycle underpin the XAU/USD. A positive risk tone might hold back bulls from placing aggressive bets and cap any further gains. On the hourly time frame, the ascending channel resistance was previously...
GOLD POSSIBILITY Dear Trader If Gold Beak This Chanel Next possibility Move 1925 Demand Zone So Enjoy The Trade With Sl
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...
🌸Hello everyone, it's a pleasure to share and explore the market with you today. Currently, the gold market (August 24) has increased significantly compared to the previous session. Gold has now far outstripped a dangerous $1,900 price point after economic data from Europe showed a less positive purchasing managers index (PMI), prompting investors to ramp up their...
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 Price is between the Major supply zone and a small hidden demand zone. -Once either side breaks out, it will move to a big one. -Wait to break any one of the sides. -Supply Zone: 1948-1956 -Hidden demand zone:1934-1936 -Below the hidden demand zone, can test 1900-1902 levels
Gold prices are rising and reaching a 3-week high of 1935 USD/ounce after a series of lower-than-expected US economic data. ADP's national employment report for August only increased by 177,000 jobs, compared with expectations for an increase of 200,000 jobs. According to experts, the US stock market is trending up. The sentiment of overseas traders and investors...
Gold (XAU/USD) lacks bullish momentum at three-week highs, hovering in the $1,937-38 range by year-end, as traders look for more clues to confirm the dovish trend of gold. The United States Federal Reserve (Fed) globally. Upbeat US data earlier in the day. Also challenging XAU/USD gains are mixed concerns about US-China relations and sluggish US Treasury...
World gold price on Kitco opened the trading session at 1936.6 - 1937.6 USD/ounce. During the weekend session, gold prices fluctuated between 1914 - 1939.2 USD/ounce. Gold prices hit three-week high. A much weaker-than-expected U.S. job turnover report (JOLTS) and a much weaker-than-expected consumer confidence index boosted buying demand with precious...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at $1,937,225 per ounce. Converting the current exchange rate at Vietcombank, world gold is about 55,815 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 11,735 million VND/tael. Gold...
gold is at the neckline support of the head and shoulder pattern and also the 200 period moving average on the hourly timeframe. Both of them together form a substantial support here for the commodity and we can expect some bounce to come intraday from this level.