Greetings celestial beings, Presently, the price of gold is displaying favorable momentum as it remains above the significant threshold of 2000 USD at the commencement of this week's trading session. As of the time of writing, it is fluctuating around the mark of 2004 USD. Simultaneously, the US Dollar Index (DXY) is hovering around 106.6, having retraced from...
FOREXCOM:AUDUSD - 4H Analysis Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
FOREXCOM:XAUUSD Risky Trade Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to...
Hello ladies and gentlemen 👻Gold continues to rise as predicted currently trading at 1882 USD. The main reason is that last night's news made the USD cool down, causing them to return to a defensive level. A little technical analysis 👻Gold is being challenged near the 1888 USD area (resistance level). It is likely that after achieving a good increase, Gold will...
FOREXCOM:XAUUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
From a short-term technical perspective, nothing seems to have changed for Gold price, as a correction from a seven-month trough remains on the table. The 14-day Relative Strength Index (RSI) indicator stays heavily oversold, justifying a case for a Gold price rebound anytime soon. Should Gold price stage a decent comeback the initial...
World gold prices continued to decline slightly with spot gold down 5.3 USD to 1,823.1 USD/ounce. Gold futures last traded at 1,839.5 USD/ounce, down 5.1 USD compared to yesterday morning. A strong USD and US Treasury bond yields rising to their highest level in 16 years pushed gold futures prices to a 10-month low in early morning trading this morning (Vietnam...
World gold prices fell sharply with spot gold down 21.3 USD compared to brightness, falling to 1,828.4 USD/ounce. Gold futures last traded at $1,844.60 an ounce, down $21.50 from the bright spot. The USD reached its highest level in 10 months and US Treasury bond yields increased to their highest level in 16 years, which are factors hindering gold's...
Gold could stage a rebound if $1,810 support holds Gold is currently consolidating its losses from the past week and is trading at its lowest level in seven months, below $1,820. Despite this, the overall bullish sentiment surrounding the United States Dollar (USD) remains strong, primarily due to the significant increase in US Treasury bond yields. As a result,...
- Fundamental analysis: Gold lost another $30 on Friday, bringing the total weekly loss to nearly $80, marking gold's biggest weekly loss in nearly a year. Fed officials last week maintained a hawkish stance, arguing that keeping interest rates high for an extended period of time is necessary to bring inflation below 2%. Recent US economic data was also better...
- Fundamental analysis: Gold yesterday continued to fall to around 1860 and then recovered slightly in the context that FED policymakers reiterated their hawkish stance. That raising interest rates and keeping interest rates high for a long time to bring inflation to 2% is necessary Yesterday the US Senate also passed a bill to avoid a government shutdown this...
Gold prices (XAU/USD) remained under selling pressure during the early European session on Thursday. The decline in precious metals was supported by a stronger US dollar (USD) and higher Treasury yields. Gold price is currently trading around 1,876 USD, up 0.11% on the day. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of...
Breaking the 1893 support zone, gold plummeted to 1874 Gold price dropped nearly 40% in just 2 days, this is a huge crisis for XAUUSD traders Is there any chance for gold to return? I am inclined to the trend that gold will return to the 1898-1900 area before plummeting again to form a new "Down Theory". Let's refer to some of the following news: This morning,...
The Gold market experienced significant volatility last week as news of the US interest rate pushed prices without any substantial breakthrough. On Wednesday, Gold approached resistance around 1945 and then sharply declined when the Fed announced interest rates. The high USD interest rates will exert strong pressure on the financial market until the end of...
Gold prices (XAU/USD) attracted some selling at around $1,902 in early European trading on Wednesday. Precious metals face selling pressure as the US Dollar (USD) strengthens ahead of highly anticipated inflation data on Friday. Meanwhile, the US Dollar Index (DXY), a measure of the USD's value against a basket of foreign currencies, rose above 106.20, its highest...
Gold had an uncontrolled downward trend one day when the gold discharge fund made a sudden move to discharge nearly 4 tons of gold. Although all the news is good for gold, it is still not enough for gold to level off. Let's take a look at some news that will affect gold prices right here: Spot gold fell close to the $1,900 mark on Tuesday before recovering...
Gold prices (XAU/USD) fell vertically to near $1,915.00 as uncertainty over the Federal Reserve's (Fed) interest rate outlook deepened. The precious metal's upside remains limited as Fed policymakers continue to maintain a hawkish stance for upcoming monetary policy meetings. "It feels like interest rates will have to stay high for longer than the market expects,"...