👻Gold yesterday had a significant increase in price, currently trading at 1938 USD, up about 0.08% on the day and up about 24 USD compared to yesterday's trading session. 👻Reasons for increasing gold support: - One is that after yesterday's retail sales report, investors are worried that the US Federal Reserve (Fed) will further raise interest rates to regulate...
Dear ladies and gentlemen 👻Gold price is currently at the old resistance zone 1882. After a series of sudden price increases at the beginning of the week. To continue to maintain the uptrend, gold is likely to have a recovery period to 1855. 👻Gold prices are at a two-week high near $1,880, rising for the second consecutive day on Monday and Tuesday. Gold is...
entry SELL 0.90100 The dow wave pattern is going beautifully. The price is touching the resistance zone and expect a bearish break through the 0.89900 price range
👻After falling toward $1,920, Gold regained its traction and rose toward $1,930. Despite the modest US Dollar strength and rising US yields, XAU/USD holds its ground on Tuesday, supported by escalating geopolitical tensions. 👻The h1 trend line is still quite solid to support gold's upward momentum. 👻The important area that you need to pay attention to is...
👻From now until the end of the week, the gold market is quite quiet, as US macroeconomic data is rarely published, currently we need to wait for information from the Chairman of the US Federal Reserve (Fed), Jerome Powell on October 19 when he spoke at the Economic Club of New York. 👻It is expected that in the near future, the long-term downward trend of gold...
Dear Ladies and Gentlemen. This is gold's long-term cycle analysis. 👻The end of wave 5 of the elliot wave pattern entered a clear uptrend reversal. 👻Currently US inflation data and the Federal Reserve's new hawkish policy are backing the dollar. 👻The whole market is expecting a recovery of gold to 188x in the near future. 👻With the unstable world political...
👻Gold is trading slowly early Tuesday, opening below key resistance at $1,923. The trading margin is still no different from the first day of the week. 👻The price margin is becoming increasingly narrower. There is a high possibility that when breaking the bearish border pattern, the price will increase sharply, breaking the important resistance levels of 1932 or...
Gold prices today extended their upward momentum as investors continue to seek capital safety in the precious metal currently trading at 1860 USD. The reason for gold support is said to be the increasingly tense military conflict between Israel and Palestine. On the other hand, the USD decreased in value after comments from US Federal Reserve (FED) officials,...
entry SELL 1.21700 GBP/USD retraces the recent losses, trading higher around 1.2150 during the Asian session on Monday. The pair faced challenges possibly due to the shift in discussions about the trajectory of the US Federal Reserve's (Fed) monetary policy. GBP/USD retraces the recent losses near 1.2150, focus on UK labor data, US Retail Sales
👻Entry buy 0.59100 👻Wait for a slight recovery of NZDUSD and make a BUY signal. 👻Our target at fibo 0.5 is the price range 0.59600
👻USD/JPY treads waters below 150.00, focus on US Consumer Sentiment 👻USD/JPY aims to snap the three-day winning streak, trading around 149.80 during the Asian session on Friday, aligned to the major support level at 150.00. The pair received upward support due to the slew of upbeat economic data from the United States (US). 👻To continue to maintain the upward...
Dear Ladies and Gentlemen 👻Gold has maintained its upward trajectory and exceeded the $1,910 level on Friday, reaching its highest point in two weeks. As the weekend approaches, investors are turning to gold as a safe haven, which has resulted in a nearly 2% drop in the benchmark 10-year US Treasury bond yield. This movement is contributing to the continued rise...
👻GBP/USD hovers around 1.2200 post recent losses on upbeat US data 👻GBP/USD retraces the recent losses that were registered on Thursday, trading higher around the 1.2200 psychological level. However, the pair faced challenges due to the optimistic economic data from the United States (US). 👻The best SELL point is the 1.22350 zone. You guys can set up a SELL...
Dear ladies and gentlemen EUR/USD is trading close to 1.0550, finding support in the vicinity of the weekly low near 1.0520 heading into early Europe on Friday. The pair takes advantage of the broad retreat in the US Dollar and the bond yields, despite a downbeat mood. We are waiting for a retest of the 1.05600 resistance zone and set up a sell Scalp order to...
Dear ladies and gentlemen 👻Gold price turned south and dropped below $1,870 after touching a two-week-high of $1,885 earlier in the day. The benchmark 10-year US Treasury bond yield is up more than 1% above 4.6% after latest US inflation figures,. 👻Gold broke the trendline at the 1871 price range after the US PMI data was released. According to analysis, gold...