Hi everybody! Today, let's explore together the factors that affect the price of gold! Last night, gold experienced a major correction. The precious metal has dropped significantly in price due to fading expectations of US interest rate cuts, which has reduced demand for gold as a safe haven asset, especially amid tensions. increased tension in the Middle...
Yesterday, gold fell as expected. The price showed a downward trend twice after hitting a maximum of 2395. In late trading, it fell all the way to our expected first target of 2355. The current disk shows that it has plummeted by $100 since the high of 2431, and short-term bulls are still trying to regain lost ground. However, the trend line since the 2430 upward...
Timeframe: 4 hour Check the below trade Above 2381 Target 2432 Stoploss 2361 Front Month Comex Gold for April delivery gained $10.60 per troy ounce, or 0.45%(rounded) to $2382.30 today
Gold prices continued to rise today due to increased demand for safe-haven assets amid escalating tensions between Iran and Israel. This has prompted investors to flock to the gold and USD markets to protect their assets. Precious metals are on the rise even as US economic indicators and the USD index increase, raising concerns that the US Federal Reserve may...
From the daily chart of gold, a K-line combination similar to the "evening star" appeared near the historical high, suggesting that the gold price has initially peaked, and we need to beware of the possibility of a decline or a deep correction in the market outlook. Since gold showed an uptrend pattern, we have experienced multiple corrections. Most adjustments...
After experiencing a bottom-out recovery on Monday, a cross closing line appeared on Tuesday. Looking back at the trading trends in the past two days, the Asian market fell back, the European market stabilized, while the U.S. market rebounded after a second dip, rose further in late trading and broke through the high point of the Asian market. Based on this...
Please read the notes as mentioned on the chart. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
Hi everyone... Right now market touches our 1st Weekly PULL BACK zone which is 2357-2477 zone We got Day High(using MY HIGH find method)-correction sell 80% confirms In 4hrs the market got bounce on small buy zone which is 2335-2320 Also we got 15min low(using MY LOW find method)-trend continues but doesn't get CHOCH(doesn't cross 2319) confirmation in 15Mins...
As per technical analysis, this is for a buy trade High chances of giving 70 pips
SYmbol XAUUSD timeframe 45 min Analysis: uptrendmovement 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.
Today, the price of gold continues to remain high and has a tendency to increase to nearly 2385 USD, with moments approaching the threshold of 2,400 USD/ounce. Escalating tensions in the Middle East serve as a supportive factor for gold. Recent capital flows have consistently sought out gold as a safe haven. Gold could easily surpass the 2,400 USD/ounce mark for...
this trade is plan coz of trend and OB on 15 min timeframe.
The rapid retraction from the new high suggests the gold price has entered a short-term correction period. Gold reached a new all-time high of 2431 last Friday after the US market opened, but the price quickly retreated. It lost key support of 2400 and 2380, falling back to the bottom support of Thursday near 2330, ending the weekly at 2343 with a slight increase...
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...
Gold prices moved in a narrow range on Tuesday, holding steady near a record high. The ongoing crisis in the Middle East continues to influence investor sentiment, increasing interest in the precious metal. Even though the US dollar is strengthening, gold is still showing resilience as US Treasury yields fall from multi-month highs. Reducing geopolitical tensions...
Judging from the daily chart of gold, the price of gold hit a record high last Friday, but then there was a correction, falling by about US$87 from the high to around US$2,344. This is because investors are taking profits and exiting the market when they see that the price rally may have been excessive. However, gold rebounded quickly on Monday after falling to...
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....
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...