XauUSD continues to fluctuate around the price of 1930 USD/ounce. It can be noticed that this metal has not had significant fluctuations compared to the session yesterday. However, when we look at the D1 chart, we can easily see that gold forms a peak at 1936 USD expected to decrease short -term. Gold continues to wait for information from the Fed before deciding...
Hello everyone! Today, the decline of the US dollar (USD) is an important factor to promote gold price increasing and trading around 1933 USD/ounce. On the H4 chart in the long run, it is possible that the range of $ 1945 - $ 1947 will be the area that traders increased prices as well as a strong semi -seller for the seller. But with the market today there is no...
Hello everyone! Currently, gold prices are trading steady as supportive policy measures and strong business activity data from China have boosted market sentiment and dampened safe-haven demand for investors. against the US dollar, limiting the currency's recent gains. Furthermore, the stagnant sentiment surrounding US Treasury bond interest rates is also...
Hello dear traders. Are you wondering how the USD/JPY pair is trading today? Currently, the USD/JPY spot rate supports near 146.00. On the 4-hour timeframe, you can see that the USD/JPY pair is in an uptrend. However, gold will have slight fluctuations as the Federal Reserve (Fed) supports keeping the current interest rate policy unchanged in September. After...
Hello dear traders! Happy to share with you about today's market. EUR price traded between 1.0700 and 1.0750 yesterday. However, it fell to a low of 1.0685 before ending the day at 1.0699 (-0.26%). While the downward momentum lacks momentum, EUR's weakness is still unstable. EUR could continue to weaken today, although key support at 1.0635 is most likely out of...
Hello all of you. Gold price today fluctuated slightly, trading around 1,923 USD/ounce in the first hours of the new week's trading session. The precious metal is maintaining its position nearly equal to last week's closing price. “The dollar remains well-positioned to move higher and this will pose a challenge for gold. Therefore, we can see that gold may...
Hello dear traders. In the four-hour frame, the price of gold is fluctuating around 1927 USD, it is receiving support from 1916 USD. Despite mixed market sentiment and rising US Treasury bond interest rates. Gold still receives strong support due to the correction of the US dollar (USD). If the article is good, please like and comment.
Currently, gold prices have dropped to about 1,919 USD during Friday's trading session in the US. The benchmark 10-year U.S. Treasury yield has recovered to about 4.25%. As a result, XAU/USD has dropped significantly.
Hello dear traders! Happy to share with you about the market today! Currently, the market is fluctuating after many days of decline. Today's gold price has rebounded as international stocks plunged, US bond interest rates and the value of the USD declined. Gold price increased 5 USD compared to the price of 1,915 USD/ounce the previous day and reached 1,926 USD.
Hello traders, it's great to see you all today! Currently, the price of gold is experiencing a slight decrease of 1.900 USD/ounce compared to the previous trading session, dropping by 9.4 USD and reaching 1.916,5 USD/ounce. Gold is facing significant pressure due to a lack of supportive factors. In today's morning trading session, both the US dollar and bond...
Attached: COPPER/ SILVER Daily Chart as of 20th June 2023 The Ratio has given a Breakout from a Cup & Handle/ VCP Pattern today Within the Commodity space it appears that Base Metals are doing better than Precious Metals And so this Ratio can head higher to retest the 0.5 Fibo retracement level as the 1st Upside Target (marked on chart with arrow) Technical...
Attached: GDX Daily Chart as of 7th April 2023 Price has given a Classic Cup & Handle Breakout Buy Signal on the Charts What do Technical Indicators say on the Daily Chart? - RSI is in overbought zone ( > 70) and confirming a Bullish Regime✅ - MACD is trending up and in buy mode, confirming Momentum✅ - DMI is in buy mode and ADX is above 25, confirming a Strong...
GDX (VanEck Gold Miners ETF) INVESTMENT CALL📈 Attached: Monthly Chart as of 7th April 2023 (Technical Analysis self explanatory as annotated✍️ in the Chart) CMP= ~34 Upside Targets🎯: T1= 40 + T2= 60 + T3= $100... Stop Loss: SL is Not Needed but just for the sake of it one can keep it below Last Month's (March) Candle Low so < 26.50 Upside Potential is...
Attached: XAGUSD Daily Chart as of 17th March 2023 Price closed up 4.20% on Friday with a Bullish Marubozu Candle At the same time also triggering a Bullish Inverted Head & Shoulder Pattern Breakout Action Plan as follows: Buy triggered with Friday's Closing✅ Stop Loss⚠️ below 21.25 Upside Target🎯= 25 + (which is also the measured move of the IHNS...
XAGUSD Another Bullish Signal for Silver🥈 Attached: XAGUSD/ Nifty 50 Weekly Chart as of 31st March 2023 - This Relative Strength Chart indicates that the Outperformance of Silver over Equity (Nifty 50) has started 📈 -It is similar to the Signal on Gold🥇 that I had shared on New Year's Day and you can see how fabulously well that Gold Buy Signal played out for us...
I strongly STRONGLY believe GOLD is the safest hedge in this economy. Now a value bet as well: due to recession/inflation/real estate conditions etc. JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH Smart money wants you to *think* that they're buying BTC and saying the opposite...
GOLD and SILVER have been in a downtrend after a surge in Mar of this year which was a reaction to the Ukraine invasion. A lot of "GOLD is a safe haven " traders may have entered in post the invasion and have been stuck for over 6 months as the metal moved down over 21%. Of course the continuous downmove since then may have forced a lot of exits. We can now see...
Precious metal has selling pressure and may continue to move bearish until mean price is not met. This is going to be interested in comparison to equity.