Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (12-04-2024)
Current price- 2395
"if Price stay below 2412, then next target is 2379 and 2359 and above that 2420.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (11-04-2024)
Current price- 2338
"if Price stay below 2354, then next target is 2320 and 2300 and above that 2378.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (15-04-2024)
Current price- 2355
"if Price stay above 2342, then next target is 2380 and 2400 and below that 2318.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
Gold went through a roller coaster trend on Friday. After the price broke through the 2400 integer mark, it did not pull back. Instead, it quickly rose to 2431, and then turned around and fell straight down to around 2334. Most people were caught off guard by this drop. The sudden plunge of nearly $100 is unexplainable from both technical and fundamental...
Hi everybody! Gold just experienced a volatile day yesterday, falling sharply to $2,330 before quickly recovering to $2,392, recording a spectacular increase of $62 in a short time. This strong recovery further reinforces the sustainable appeal of gold in the current context.
In a situation where inflation in the US is rising, the Federal Reserve's (Fed) ability...
The price of gold today continues to rise, with gold reaching $2,352.5 in the early hours of the Asian session. However, it later retreated and stabilized around $2,345.
The metal's upward momentum is driven by safe-haven buying amid concerns over conflicts. Meanwhile, the market is awaiting the minutes of the Federal Reserve's policy meeting and inflation data,...
Geopolitical risks are one of the important factors behind the recent rise in gold prices. The progress of ceasefire negotiations in Gaza, Iran's threat to the Strait of Hormuz, and the Russia-Ukraine conflict have all triggered risk aversion in the market and promoted the rise in gold prices. Investors need to continue to pay attention to developments in the...
Last week, the price of gold fluctuated between $2,300 and $2,360 per ounce until Wednesday. By Thursday, amidst escalating tensions in the Middle East, the upward trend became evident as gold reached a new peak above $2,400 per ounce. The momentum continued into Friday, reaching $2,431.59 per ounce before declining to around $2,355 to end the week.
The...
Currently, central banks around the world are increasing their holdings of gold reserves, and market sentiment has reacted strongly to bullish factors. Even in the face of sharply negative non-agricultural data, CPI data, and hawkish statements from Federal Reserve officials, gold prices have remained strong. This shows that market sentiment has become indifferent...
Gold is heading towards its eighth consecutive record-breaking day, showing no signs of slowing down to provide better entry points for the upward trend. The precious metal has few indications that the price increase will be threatened, and the CPI index will be the focus of today's trading.
Looking back at recent days, even the NFP couldn't weaken gold, so it's...
From a technical analysis, gold has been seriously overbought, not only on the daily and hourly charts, but also on the weekly level. In the past month or so, gold's crazy rise has been mainly based on expectations of an interest rate cut by the Federal Reserve. The trend of gold hitting new highs has caused the entire financial market to be shrouded in the...
Hello dear friends! Yesterday, gold faced some challenges in the context of a stronger US dollar. However, it still remains a focal point of interest for international investors.
After dropping to $2,330 per ounce, gold quickly rebounded within just 20 minutes, climbing back to around its previous price of $2,345 per ounce and stabilizing at around $2,331 at the...
Let's all join in and devise a strategy to earn gold this week!
Last Friday, gold experienced a significant decline, plummeting nearly 1000 pips from $2431 to $2333. However, as we begin this week, gold has quickly regained its upward momentum, similar to recent trends. Currently, the price is hovering around $2360, after a 0.64% recovery today, equivalent to...
Dear investors,
We are currently at an important turning point, faced with the choice between reinvesting in gold - an investment that has eternal appeal, or going in another direction, exploring new opportunities.
Yesterday, gold experienced strong fluctuations, when the price fell below 2,325 USD/ounce. However, as if it were participating in a detective...
The March retail sales data released by the United States overnight on Tuesday exceeded expectations. The U.S. dollar and U.S. Treasuries continued to climb, and for a time precious metals plunged. However, risk aversion then dominated the market and gold and silver returned to their gains. Because the Israeli military said it would respond to Iran's attack....
The gold market experienced a sharp correction ahead of Friday's close. The price retreated significantly from the high of $2,431, eventually settling at $2,343 levels by the end of the trading day. This change is influenced by many factors. On the one hand, the overheating trend of the US Consumer Price Index (CPI) shows that inflationary pressure still exists,...
After the opening of the week, spot gold experienced a wave of violent market fluctuations due to the escalation of tensions in the Middle East over the weekend. Gold prices opened in the morning and jumped as high as $2,372.45 per ounce, but then turned around and fell below the $2,350 per ounce mark.
From a technical analysis, the current dividing line between...
As the trading week ended, gold showed no signs of slowing down in its recovery, approaching the key $2,400 mark and posting an impressive daily gain of 1.04%, or 240 pips.
Gold continues to benefit from strong market support, especially given the ongoing geopolitical tensions in the Middle East, which show no signs of easing. This confirms gold's status as a...
