Strategy and signals OANDA:XAUUSD
✅As per our Technical Confluence indicator, the Gold Price floats within a $40 region multiple resistance area ahead of this week’s top-tier US inflation and employment clues.
✅That said, a convergence of the Pivot Point one-day R1 and the previous daily high guards the immediate recovery of the Gold Price near $1,928.
Signal has been identified OANDA:XAUUSD
From a technical perspective, bearish traders need to wait for a sustained break below the very important support of the 200-day Simple Moving Average (SMA), currently pegged around the $1903 area. -$1902, before preparing for further losses. Some subsequent selling below the $1,900 mark will confirm a fresh breakdown...
Today's review OANDA:XAUUSD
Last week, international gold prices continued to fall as the US Dola Index and 10-year Treasury yields on the rise for the fourth consecutive week.
US consumers have begun to stress more in living and saving in spending due to continuously rising US interest rates. Force the Fed to stop raising interest rates if it doesn't want...
My strategy TVC:GOLD for today
After the US Dollar sold off due to mixed US labor market data, the Greenback regained some bullish momentum against its major currencies at the start of the week, capitalizing on market anxiety. market ahead of important inflation data releases from both China, as well as the United States.
Gold prices continue to face...
TVC:GOLD Gold price attracts some selling following an early uptick to the $1,946 area during the Asian session on Monday and drops to a fresh daily low in the last hour. The GOLD currently trades around the $1,940 region and for now, seems to have stalled its modest recovery move from the lowest level since July 11 touched on Friday.
The closely-watched monthly...
TVC:GOLD Gold buyers appear to have found a temporary support at the July 12 low of $1932 at the moment. But the gold sellers are likely to regain equilibrium, sending the rate back to the static support seen around $1925.
Additional declines will challenge the early-July lows around the $1910 region.
Additionally, Gold buyers will find an immediate upside...
OANDA:XAUUSD Gold prices remain below the $1,950 and $1970 trading ranges that previously limited the XAU/USD moves as market participants brace for the expected release of US employment and activity data. Dad this week.
That said, the previous day's breakdown of the $1952 support confluence, resistance now serves as an immediate signal in favor of the Gold...
OANDA:GBPJPY The GBP/JPY pair found strength around 180.80 and recovered strongly during the Asian session. The crossover attracts significant bids as the Bank of England (BoE)-Bank of Japan (BoJ) policy divergence is set to widen further.
According to Fibo and EMA showing great sell signal at the moment, let's wait for the profit I can bring you
SOL has given good pump after breaking out from previous trendline as shown in the chart.
I still believe it could touch our TP2 as far BTC hold its current support. Let's see how it goes.
Your views and your perceptions are most welcome.