Xauusd 15min bullish rsi divergence can look for 1861.100 only above 1855.800 risk reward ratio will be 1.35 dc : only for educational purpose
Reason Behind XAUUSD Sell Projection 1. Stochastic Overbought above 80 and ready to make a Fall 2. RSI 14 Below 50 Which Makes the sell trend In 1h Timeframe 3. Market Clear ON Downtrend and Make the Sell Direction Overall Outcomes XAUUSD SELL @ 1920-23 SL 1927 TP 1910
⚡️US bond yields will play an important role in influencing the USD price action in the absence of any relevant economic data from the US. Additionally, the broader risk sentiment will allow traders to seize short-term opportunities around Gold prices over the weekend and into the new week. ⚡️From a technical point of view, Gold is on a clearly declining range....
⚡️ China is in trouble, especially in the real estate sector. These fluctuations have an impact on the price of gold (XAUUSD), represent volatility in the market and affect investors. ⚡️ From a technical perspective, the daily chart of the XAU/USD pair suggests that the decline will continue. The pair peaked near the 200 simple moving average (SMA) and then...
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...
xauusd day chart breakdown and going for retractement zone 2000-2005 if got retracement then fall will start 1975 to 1970 is the traget
Markets were now focused squarely on nonfarm payrolls data due later in the day, which is expected to show that the U.S. labor market remained steady through July. Any signs of resilience in the labor market give the Fed more impetus to hike interest rates further, given that the bank is targeting some cooling in labor conditions as part of its crusade against...
Fed interest rate instability causes gold to plunge seriously, Fed officials offered different views on future rate hikes by the central bank. Fed Governor Michelle Bowman said on Monday that more rate hikes may be needed to bring inflation closer to the Fed's annual target range. on the 4-hour chart, we can see gold's bearish momentum developing, 1900 round...
Strength in the dollar kept broader metal markets depressed, as investors awaited more economic cues from U.S. consumer price index (CPI) inflation data due on Thursday Non-yielding assets such as gold and other precious metals logged steep losses this week. Spot gold steadied at a one-month low of $1,926.20 an ounce, while gold futures expiring in December were...
Inflation is expected to have picked up again after a sharp decline in June- a scenario that could push up expectations of more interest rate hikes from the Federal Reserve. Gold is expected to retreat further on a strong inflation reading, while the dollar is set to appreciate. The prospect of higher-for-longer U.S. interest rates has weighed heavily on the...
Some signs of recovery in the U.S manufacturing sector and construction spending boosted the dollar as markets feared that resilience in the U.S. economy will give the Fed enough headroom to keep raising interest rates. On the H3 chart, bearish momentum is clearly formed, I think the price line will return to retest the 196x support area before continuing the...
Some signs of recovery in the US manufacturing sector and construction spending boosted the dollar, as markets worried that the resilience of the US economy would give the Fed enough room to keep increasing. interest rate. This concept has influenced the price of gold and most other metals, which can be lost in a higher interest rate environment. The dollar's...
The price of gold is heavily influenced by the economic data of the United States. In the second quarter, the US economy experienced a growth rate of 2.4% on an annualized basis, surpassing expectations. This indicates that there are no immediate plans for aggressive interest rate hikes by the US Federal Reserve, which increases the likelihood of a smooth and...
US inflation is still trending well above the Fed's annual target, which is still likely to signal at least one more rate hike this year. Rising interest rates are bad for non-yielding assets like gold, as they drive up the opportunity cost of holding gold. This trade has broken gold until 2022 and has limited the yellow metal's gains so far this year. SELL...
Gold prices fell slightly on Monday as anticipation of a key Federal Reserve meeting kept investors wary at the start of the week, while copper prices fell sharply on concerns about slowing demand. The dollar rally, ahead of the Fed meeting, also weighed on metals markets, with the greenback pulling further from 15-month lows hit in early July. SELL XAUUSD zone...
Reason Behind XAUUSD Sell 1H 1. Market Clearly in Downtrend in 1H time frame 2. Restesting Yerterday and Major Support @ 1952 3. We entered the trade @ 1962 which is our major Resistance 1 4. Stochastic Overbiught in 1H 5. RSI 14 around 50 which Makes the bearish trewnd in 1H Overall Possible Outcomes
The yellow metal has found support above $1,950, keeping it above year-to-date lows and within sight of a record high. But gold prices stalled around these levels, awaiting fresh signals from the central bank ahead of next week's closely watched Fed meeting. The prospect of interest rates staying higher for longer also limited the outlook for gold, as well as...