Forex_SCALP_VIP

Forex_SCALP_VIP

European stock markets traded higher Monday, with investors cautiously awaiting the latest policy-setting meeting by the European Central Bank later in the week. At 03:35 ET (07:35 GMT), the DAX index in Germany traded 0.8% higher, the FTSE 100 in the U.K. rose 0.9% and the CAC 40 in France climbed 1%. ECB meeting in full focus The ECB meets on Thursday, and...

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The gold market is showing signs of a slight recovery, but I personally see a possibility of a decline when EMA34 and EMA89 intersect. Please follow some important news I just compiled: Experts gradually lose confidence in the future of precious metals. Kitco News' survey of gold price forecasts this week with 13 Wall Street analysts, 4 people, or 31%, expect...

Forex_SCALP_VIP

The Euro today recovered slightly after the previous plunge. Yesterday (August 8), the German Federal Statistical Office said that although the country's inflation in July decreased slightly, it was still higher than the Eurozone average. Specifically, German inflation in July was 6.2%, 0.2 percentage points lower than the previous month, but higher than the...

Forex_SCALP_VIP Updated 

What are the opportunities for gold today? after retesting the 1915-1916 resistance, we see the bulls were dominating yesterday as the market price went up. I myself predict that the bears will attack and lower the price of gold when EMA 34 and EMA 89 intersect. The possibility for the bulls to push the price to 1935 and test the upper resistance (in fibonacci)...

Forex_SCALP_VIP Updated 

The world gold price fell sharply to the threshold of 1,930 USD/ounce in the context that the DXY index (measurement of the volatility of the USD against 6 major currencies in the world) increased rapidly to 104.6 points. The greenback rose as the Fed was about to have a meeting on September 19-20. Market signals suggest that the US central bank may not raise...

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There are two possible scenarios if the EUR continues to fall: 1. Will fall deeply within the current downtrend and retest the 1,063 resistance zone 2. Will recover and break out to 1.078 The Euro continued to decline slightly today. According to European Central Bank (ECB) Council member Klaas Knot, investors who expect the ECB not to raise interest rates next...

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Edward Moya, senior market analyst at OANDA, said: “Global bond yields are surging and there seem to be concerns that global growth concerns could get even worse and that That gets people back to the dollar.” Worries about global growth, especially in China and the euro zone, have pushed haven demand for the currency to its highest in months, making gold more...

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Worse-than-expected European data created the catalyst for EUR/USD to break below long-term support. EUR/USD price action over the past two weeks has highlighted the recent long-term rising channel. The long-bearded weekly candle shows rejection of higher prices, with a possible breakout possible. This week, prices continued to decline, with the weekly...

Forex_SCALP_VIP Updated 

Euro exchange rate developments on the world market show that the EUR/USD index is currently at 1.079, down 0.0004 points, equivalent to 0.0371% compared to the previous session. The Euro dropped slightly today. Analysts warn Europe is facing persistent inflation problems and the battle against inflation by European policymakers will be more difficult than the...

Forex_SCALP_VIP Updated 

Most US markets are closed for trading during the Labor Day holiday. World gold prices fluctuated slightly this morning, supported by a slight decline in the USD as market participants became more and more confident that the US Federal Reserve (Fed) may have completed interest rate increase. Traders are all betting the Fed may have finished raising rates after...

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The world gold price reversed to decrease because on August 31, China announced that the purchasing managers index of the manufacturing sector in August had increased to 49.7 points. Although this is the 5th consecutive month this index has been below the expansion threshold of 50 points, it is much higher than the 49.3 points in July and the 49.4 points...

Forex_SCALP_VIP Updated 

Spot gold prices have peaked at 1,850 USD/ounce. Then dropped to trade around 1,838 USD/ounce. Also on January 3, US gold futures increased 1% at 1,844.10 USD. According to CNBC, gold prices have been trending up since the beginning of November 2021 when the market was chaotic. Mr. Ole Hansen, head of commodity strategy at Saxo Bank (Denmark), commented: "We are...

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Data released this week show U.S. economic growth slowing slightly in the second quarter of 2023 from earlier reports, while the number of available jobs in the U.S. fell to low levels. Due to an easing labor market, it is scheduled for July 2023, just under two and a half years later. The dollar index has fallen about 1 percent since the start of the week, U.S....

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According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at $1,937,225 per ounce. Converting the current exchange rate at Vietcombank, world gold is about 55,815 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 11,735 million VND/tael. Gold...

Forex_SCALP_VIP Updated 

World gold price on Kitco opened the trading session at 1936.6 - 1937.6 USD/ounce. During the weekend session, gold prices fluctuated between 1914 - 1939.2 USD/ounce. Gold prices hit three-week high. A much weaker-than-expected U.S. job turnover report (JOLTS) and a much weaker-than-expected consumer confidence index boosted buying demand with precious...

Forex_SCALP_VIP Updated 

World gold price on Kitco opened the trading session at 1936.6 - 1937.6 USD/ounce. During the weekend session, gold prices fluctuated between 1914 - 1939.2 USD/ounce. Gold prices hit three-week high. A much weaker-than-expected U.S. job turnover report (JOLTS) and a much weaker-than-expected consumer confidence index boosted buying demand with precious...

Forex_SCALP_VIP Updated 

According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at $1,937,225 per ounce. Converting the current exchange rate at Vietcombank, world gold is about 55,815 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 11,735 million VND/tael. Gold...

Forex_SCALP_VIP Updated 

Gold price on the world market this afternoon, August 29, fluctuated slightly. The world spot gold price is around $1,922.9/ounce, up $3.10/ounce compared to this morning. December gold futures traded at $1,950.8 per ounce, up $2.8 from this morning. Forecasting the gold price trend, the latest weekly Gold Survey results of Kitco News show that most retail...