Today is bank holiday in Asia and Europe and only US markets will be opened today. The Market will be having low volume because of bank holiday. Today is a vary important news of Non-Farm Employment Change in US which always causes huge impact on Gold and Dxy. this analysis is focused on news and gold trends. Be careful before going into market. As we can see...
Gold Will remain in selling position for some time. Short opportunity untill 1820.
We have 2 important breakdowns on daily chart. #1 Bearish flag breakdown, Technical target of that is $1774.74 #2 Ascending trend line break down, Technical target of that is $1795.92 Price is trying to breakdown from golden ratio level 0.618 which IF breaks down then most likely are going sub $1800 levels. GOLD seems very bearish for mid-term because on daily...
Currency Pair : GOLD Possible direction : Bullish Technical Analysis : GOLD bulls has primarily first has broken resistance and then again has broken the support to grab strong liquidity grab. Finally price again created strong uptrend with multiple liquidity grab. As the price has strong momentum, it is highly likely price will continue to rise to at least...
#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG. But since all the ECONOMIC INDICATORS were...
GOLD is still try to retracement before going further advance. Intraday Gold scenario is remains in the favor of bearish.
XAUUSD Technical Analysis 26.07.2022 1h chart ✅ Previous Daily candle closed Bearish forming Resistance at 1727.600 respecting the previous Highs and Lows of the previous day and closing at 1719.800. ✅ Buys on close above 1721.600 targeting 4h Resistance at 1729.000 leaving Runners to Daily / 1h Resistance at 1735.200. ✅ Sells on close below 1714.800...
- As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to 1675...
#XAUUSD - #GOLD - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD...
#GOLD - - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet. - By now, GOLD must go to...
- US10Y is currently slightlyD DOWN to 3.28% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. But now the us10y is up fast. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY. - The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the SHORT TERM will...
- US10Y is currently up to 3.41% LEVEL .. Now us10y is up fast with US RATE HIKE. We can see that the POSITIVE SENTIMENT that came for USD ECONOMIC DATA is also very POSITIVE for DXY. - The power of USD is still very strong in GOLD. DXY DOWN very fast last week. But now it is becoming UP. We look forward to hearing from DXY. US10Y LONG TERM UP is going to...
- US10Y is currently slightly up to 2.91% LEVEL. Like we said before, it was a little CORRECTION just like we thought. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY. - The power of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y...
- US10Y is currently slightly down to 2.74% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP...
- US10Y is currently slightly up to 2.92% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is...
⛔️ US10Y is currently slightly down to 2.91% LEVEL. It was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. The POWER of USD is still very strong in GOLD. Now DXY UP has been very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with...
- As mentioned earlier, a very important event took place at the FOMC MEETING yesterday. The US Federal Reserve has increased their rates by 50bps. Before that there was some talk among the traders about it. So after raising their rates, the US dollar weakened. This is because the USD has been BUY in the past due to the sentiment of traders on the rates they...
- Today is a very important day for XAUUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. So far, the US DATA received yesterday is slightly MIXED DATA received. Also, GDP was very bad at DATA. So GOLD got a good DEMAND. - US10Y is currently at 2.84% LEVEL. The POSITIVE SENTIMENT for USD...