XAUUSDANALYST

XAUUSDANALYST

Let us break down, factors which are influencing the price movements in upward directions. Geopolitical Factors Middle East Conflict (Israel-Palestine War): Ongoing tensions and conflict in the Middle East have heightened risk sentiment globally. Investors often turn to gold as a safe-haven asset during geopolitical instability, increasing demand and driving up...

XAUUSDANALYST

Let us break down, factors which are influencing the price movements in upward directions. Geopolitical Factors Middle East Conflict (Israel-Palestine War): Ongoing tensions and conflict in the Middle East have heightened risk sentiment globally. Investors often turn to gold as a safe-haven asset during geopolitical instability, increasing demand and driving up...

XAUUSDANALYST

Gold prices today, October 21, 2024, have experienced a slight upward movement. Gold is trading around $2,657 per ounce, with a 0.91% rise from the previous trading session. Several factors are influencing gold’s direction today: Global Economic Concerns: Ongoing geopolitical tensions and concerns over global economic growth are leading investors to seek safety...

XAUUSDANALYST

Gold (XAUUSD) is experiencing a bullish move today, trading around $2,657 as of October 17, 2024, reflecting a gain of 0.91%. The price action remains volatile, influenced by geopolitical tensions and expectations of upcoming U.S. economic data. The broader trend shows gold consolidating within the $2,636 - $2,675 range. If it breaks above $2,670, strong...

XAUUSDANALYST

Today, gold prices are undergoing a correction after reaching an all-time high of $2,708.70 on October 1, 2024. As of today, the price has dropped to around $2,640.60, marking a decline due to several influencing factors. The primary economic factor driving this correction is the strength of the U.S. dollar, which has become the preferred safe-haven asset amid...

XAUUSDANALYST

Gold is aggravated to move up by showing some positive confidence by buyers. its a rally fuled by buyers by their interest and not buying due to fear.

XAUUSDANALYST

Today, gold is showing strong upward momentum, fueled by multiple factors. Geopolitical tensions, particularly in the Middle East, have increased gold's appeal as a safe-haven asset. The ongoing conflict between Israel and Hamas has escalated, pushing investors toward gold, which is seen as a stable store of value during times of uncertainty. In addition, central...

XAUUSDANALYST

What is Delta? Delta = Buying Volume – Selling Volume. It is used to measure the net buying or selling pressure during a specific time period. A positive delta, like 1.2k, means more aggressive buying (market orders hitting the ask price) compared to selling (market orders hitting the bid price). Implication of 1.2k Delta on a 15-Minute Chart: This strong...

XAUUSDANALYST

1) The bullish engulfing at $2600 on the daily chart signals a potential reversal or continuation of the upward trend, making $2600 a critical support level. 2) The rally from $2600 to $2627 on the 15-minute chart shows that once $2600 was confirmed as support, buyers aggressively pushed the price higher within a short time frame. { Scalping Opportunity: For...

XAUUSDANALYST

As the FOMC (Federal Open Market Committee) releases its minutes today, the impact on gold prices is expected to be significant. Currently, gold is trading in a tight range, as markets are awaiting clarity on the Fed's future monetary policy stance. If the FOMC minutes hint at continued hawkishness, signaling higher or persistent interest rates, gold may face...

XAUUSDANALYST

Gold on rise due to small demand and Middle east tensions. Small buying zone is being created and we should be well aware that 2670$ is well defended ny sellers . Buying for 5 $ rise is initiated.

XAUUSDANALYST

Gold oscillates in a tight range after bets fade that the Fed will continue slashing interest rates aggressively. Support for Gold comes from increasing geopolitical risks and lower interest rates globally. Technically, XAU/USD begins a leg lower within a tight range. Gold (XAU/USD) edges lower to trade in the $2,640s per troy ounce on Thursday as it continues...

XAUUSDANALYST

POsitive delta formation under small volume being accumulated over the past 5 candles which last for 15 min time frame. NO serious selling observed as net of buying result is positive.

XAUUSDANALYST

As the news broke out by American new agencies, that Iran might be planning to strike down ISRAEL with ballistic missile, this led to investor hussle and seek either hedge their investments or seek alternative investments rather than being invested in dollars. Also NFP strikes up coming friday... so we need to keep our buy positions in line with current...

XAUUSDANALYST

Gold bounced back at the end of the week after US inflation data (PCE) came in lower than expected. This data suggests that the Federal Reserve will likely continue with its easier monetary policy, which is good for gold. However, gold's price fell earlier due to the possibility of fewer interest rate cuts and a stronger US dollar, both of which are negative for...

XAUUSDANALYST

a strong positive delta ( representing positive outlook) for LONG term we can clearly see a sharp increase in rise ( volume based) from 2600 Range. this rally has a pottential upside of 2750 $ on immediate weekly movement basis.

XAUUSDANALYST

with the current news event on rise with another rate cut upto 100 basis points, we can clearly see that gold is no option for investors to hedge their risks. A good buy zone can be seen from 2625 levels to accumulate and hold for rise in coming new trading sessions. Buy can be done only if the retracement below 200 ema is clearly seen on charts . We should...

XAUUSDANALYST

Price has broken previous higher highs and almost taken down all the sellers which were hoping to stop the gold on 2650 limits. Gold is still posing a strong buy zone and there is no scope of downward momentum on the charts.