The sentiments has changed and hence now we are long on gold from 2020 region with an Upward target of 2038 , the fib retracements also point to 2038, Hopefully we will hit the intraday targets today.
The price of gold today continues to trade quietly with little volatility, mainly moving sideways around the $2025 level and being confined within a narrow price range.
As a result, this precious metal is facing pressure as investors continue to lower their expectations of the Fed's first interest rate cut in March 2024. This factor has driven up US bond yields...
In the European trading session on Wednesday, the price of gold (XAU/USD) continued its downward trend, despite a lack of strong selling pressure. The trading range has been maintained for several days, with traders exercising caution and waiting for further signals from the Federal Reserve regarding interest rate cuts. The market's focus is currently on key...
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (11.01.2024)
Current price- 2033
"if Price stay below 2049, then next target is 2020 and 2012" and above that 2056,2065.
-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 (16.01.2024)
Current price- 2038
"if Price stay above 2030, then next target is 2050 and 2065" and below that 2016,2004.
-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 (18.01.2024)
Current price- 2012
"if Price stay below 2029, then next target is 2002 and 1992" and above that 2038,2050.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of...
We are looking to buy gold at 2022, With a upward retracement target of 2038 , while stops below 2018 , The sentimental changes in the Bond market has triggered such a scenerio, The warfare situation with Countries taking part in the War is not help. #Trade carefully..
Hello everyone!!
The price of gold today is mainly flat with not much fluctuation around the $2021 mark. With a visible resistance level at $2035 and positioned below the EMA 34 and 89 lines, the downward trend is still continuing despite signs of cooling down.
Regarding news that affects the price of gold, investors are anticipating important economic reports...
Dear friends, currently the price of gold has dropped by about 6 USD after reaching a high of 2031 USD, following a clear downward trend on the chart. This is due to the strengthening of the US dollar, as the Federal Reserve is unlikely to cut interest rates in March. As a result, investing in gold becomes more expensive due to higher interest rates.
In addition,...
Symbol XAUUSD or Gold or Gold spot
Timeframe : 45 Min
Analysis: Breakout happened on the downside, so we can expect a target of 1995/1985.
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
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At the beginning of the new week's trading session, gold prices have slightly increased. At the time of writing, the price is trading around $2029, marking a growth of $4 compared to the previous closing.
Looking at the prospects for this week, all eyes are focused on the fluctuations of...
