15 minutes ago Open interest in gold futures markets extended the uptrend for another session on Tuesday, this time by around 3.4K contracts according to preliminary data from CME Group. At the same time, volume increased by nearly 45,000 contracts after two consecutive daily declines. Gold prices extended the pessimism in the first half of the week amid...
Gold analysis today TVC:GOLD Gold price is consolidating losses in early Thursday's trading, having touched the lowest level in five months at $1,890. TVC:GOLD sellers are bidding time before the next push lower, as the United States Dollar (USD) continues to garner demand heading into a fresh batch of mid-tier US economic data. Gold price extended its...
Today's Strategy Analysis OANDA:XAUUSD Gold weakened because the dollar in the international market skyrocketed in the past few days in the context of the Fed's tight monetary policy. The dollar index gained 0.2%, making gold more expensive for buyers holding other currencies. Reflecting investors' lack of optimism about the gold price outlook, the world's...
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 ...
Gold strategy today OANDA:XAUUSD Gold prices remain defensive at key technical levels, under pressure around recent multi-day lows. Gold continuously traded around the important resistance zone of 1900USD but could not break through The dominant trend of the whole time frame is still the downward trend of correction, so Sell strategies will still be...
BUY - GLAND PHARMA LTD CMP - Rs. 935 Target - 1: Rs. 1360 Target - 2: Rs. 1700 . . Technicals - Gap Down . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Signals for August 16 TVC:GOLD Gold hovers around the $1,901 mark during the Asian trading session on Wednesday. An upbeat United States (US) Retail Sales have raised concerns over further tightening of monetary policy by the US Federal Reserve (Fed) weighed on OANDA:XAUUSD price the previous day. Bears are in control near term, as the 4-hour chart shows...
At 9 am today (August 15, Vietnam time), the world spot gold price stood around the threshold of 1,906 USD/ounce, up 3.1 USD/ounce compared to last night. Gold futures for December delivery on Comex New York were at $1,938.1 per ounce. On the morning of August 15, world gold converted to bank dollars was worth more than 55.12 million dong/tael (excluding taxes...
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...
Technical outlook OANDA:XAUUSD Chart Tools Technically, nothing seems to have changed for Gold price in the near term, as the bearish 14-day Relative Strength Index (RSI) continues to back the downside bias. Any pullback in the Gold price, therefore, will be seen as a good selling opportunity. On the upside, the Gold price recovery needs to crack the...
Weekend Strategy TVC:GOLD Gold price continued its downtrend, the dollar rebounded after US inflation data. The US Department of Labor said the consumer price index (CPI) increased 3.2% in the 12 months to July 2023, up from 3% increase in June 2023, the smallest annual increase since July 2023. March 2021. Technically, nothing seems to change for Gold...
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. Last week, gold saw its second consecutive week of bold errors as it fell about 1% for the week after the US consumer price index (CPI) and producer price index (PPI) reports showed apply play still. The precious...
Gold prices eased slightly during the Asian session on Monday and fell to the $1,911-$1,910 zone, or the lowest since July 7 in the past hour. However, the intraday downtrend lacks further selling, warranting caution for the strong bearish traders and positioning for the recent extension of the bearish trajectory witnessed in about the past three weeks. The...
Adani Enterprises CMP: 4165 SL: 3930 Target: 4390 (as per Daily TF - VCP) 5300 (As per Weekly TF - Flag & Pole) - This is difficult but u never know with Adani Stocks. If we get 1:1 then trailing as per hourly swing pivots would be good. RR: 1:1 (for target 4390) 4.86:1 (For target 5300) Reason: 1 - RS is rising 2 - RSI is trending 3 -...
Gold prices make a modest recovery from July 7 lows around the $1911-$1910 region set during the Asian session this Friday and, for now, appear to have broken a four-day losing streak. price. XAU/USD is now trading around the $1,915-$1.916 region, up more than 0.10% on the day, despite a lack of bullish confidence and remains vulnerable. The US dollar (USD) is...
Strategic forecasting TVC:GOLD Therefore, Gold price is making another recovery attempt from four-week troughs of $1,914 early Thursday. Markets trade with caution, reflective of the mixed tone in the Asian indices even though the US S&P 500 futures post small gains. Investors resort to adjusting their US Dollar positions ahead of the all-important CPI...
Signals for a new day OANDA:XAUUSD Technically, Gold price remains exposed to downside risks, as the 14-day Relative Strength Index (RSI) continues to hold below the midline, despite the latest bounce. A hot US inflation report will revive the selling interest around the Gold price, smashing it through the key support near the $1,910 region to challenge...
Gold prices attracted some buying power during the Asian session on Wednesday and partially recovered the previous day's losses to the $1,923-$1,922 region, or four-week lows. XAU/USD is now trading just below $1,930, up nearly 0.20% on the day, though any meaningful upside still seems elusive. A generally softer tone around the equity markets, coupled with a...