FalCol_TradingMaster

FalCol_TradingMaster

Last week, gold's direction was strongly influenced by concerns surrounding the race for the White House by former President Donald Trump and Vice President Kamala Harris and the conflict in the Middle East and expectations of the US Federal Reserve. (Fed) will continue to cut interest rates at the upcoming policy meeting. This week, the US election and the US...

FalCol_TradingMaster

The focus of the financial market is the US presidential election, which is about to enter a key moment. According to poll results, former President Donald Trump and Vice President Kamala Harris compete fiercely. However, investors are taking cues from the betting market, which has shifted in Mr. Trump's favor. The USD hit a 3-month high on data showing the US...

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Marex analyst Edward Meir said: "Investors are buying when gold prices are on the rise. This strategy was maintained throughout the US election because there was a lot of volatility." Ms. Kamala Harris - Vice President of the Democratic Party - currently has a support rate of 46%, temporarily leading former President Donald Trump who has a support rate of...

FalCol_TradingMaster

Gold Talking Points: I went over gold in-intensity in yesterday`s webinar, and this morning updates given the metal`s persevered charge motion with bulls pushing as much as some other ATH simply interior of the 2790 degree. The contemporary pullback feels just like the earlier episode, whilst gold stalled in advance of a check of the 2700 mental degree. In that...

FalCol_TradingMaster

The first factor that draws interest at the every day chart is the breakout above the top border of the pink consolidation (…) What does this suggest for gold futures? The capacity bullish situation should take the rate to the $2,800 barrier or maybe around $2,825, wherein the dimensions of the rally could correspond to the pinnacle of the cited pink...

FalCol_TradingMaster

World gold prices increase when the USD index decreases. Recorded at 9:00 a.m. on October 30, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 104,114 points (down 0.02%). According to Kitco, world gold prices increased sharply, breaking the threshold of 2,780 USD/ounce when receiving many supporting factors. In one...

FalCol_TradingMaster

World gold prices decreased slightly when the USD index increased. Recorded at 9:15 a.m. on October 28, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 104,357 points (up 0.22%). Nine analysts participated in Kitco News' gold survey. Last week's near-bullish consensus has narrowed. 5 experts expect gold prices to...

FalCol_TradingMaster

World gold costs increased, with spot gold growing through 20.five USD to 2,736.three USD/ounce. Gold futures closing traded at 2,748.four USD/ounce, up 19.four USD as compared to the day gone by morning. Prices for the yellow steel rose 1% on Thursday and remained close to document highs hit in advance withinside the week, boosted through growing safe-haven call...

FalCol_TradingMaster

We acquired an apparent promote sign on Wednesday with a key reversal candle printing at the every day timeframe. However, one have a take a observe latest records indicates we've acquired masses of topping indicators and styles this year, but none generally tend to final long. That by myself makes me cautious of the bearish sign, particularly with the charge...

FalCol_TradingMaster

The correlation evaluation underneath seems at the connection among gold and silver during the last fortnight with some of marketplace indicators. Gold is at the right, silver at the left. From pinnacle to bottom, we've got the form of the Fed budget futures curve from October 2024 to December 2025 in black, presenting a manual on price reduce pricing, US two-12...

FalCol_TradingMaster

As of 8:45 a.m. on October 23, the world gold price listed on Kitco was at 2,738.4 USD/ounce, an increase of 8.6 USD/ounce compared to the beginning of the previous trading session. Gold charge forecast World gold expenses are anchored excessive no matter the growing USD index. Recorded at 8:forty five a.m. on October 23, americaA Dollar Index measuring the...

FalCol_TradingMaster

BusinessInternationalWednesday, October 23, 2024, 08:34 (GMT+7) World gold prices increased again The need for shelter when geopolitical tensions escalated pushed gold prices to a new peak, at 2,748 USD an ounce. Closing the trading session on October 22, the world spot gold price increased nearly 30 USD to 2,748 USD per ounce. This is a new record high for the...

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The world gold price sometimes reached 2,740 USD/ounce but then suddenly reversed and dropped sharply. At 6 a.m. on October 22, today's gold price dropped to 2,720 USD/ounce. According to analysts, the international gold market fluctuated wildly in the context of many investors selling to gain profits. Gold price today, after many days of hot increases, was...

FalCol_TradingMaster

Gold costs surpassed $2,seven-hundred an oz for the primary time as worries approximately escalating warfare withinside the Middle East and a traumatic US election race precipitated traders to hurry to safety. Bullion rose as a lot as 1% to $2,720.17 an oz, surpassing an all-time excessive set withinside the preceding session. The bullish sentiment unfold to the...

FalCol_TradingMaster

Gold Daily Chart – Breakout from Descending Broadening Wedge The gold marketplace has damaged out of the descending broadening wedge sample at the each day chart. The charge keeps bullish momentum inside the ascending broadening wedge sample, with a goal variety of $2800-$3000. Gold 4-Hour Chart – Price Target of $2,745 On the 4-hour chart, the charge is breaking...

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The European Central Bank (ECB) reduce hobby quotes extensively via way of means of 25 foundation points, in keeping with economists` expectancies. The ECB stated falling inflationary pressures are developing situations to loosen economic coverage: "Inflation statistics suggests that the deflation technique is at the proper track." similarly ECB easing...

FalCol_TradingMaster

World gold fees improved regardless of the excessive USD index. Recorded at 8:30 a.m. on October 16, americaA Dollar Index measuring the fluctuation of the dollar with 6 principal currencies changed into at 103,half points. Gold rose amid falling US Treasury yields, even as buyers carefully awaited greater statistics for sparkling clues approximately americaA...

FalCol_TradingMaster

Ames Stanley - senior marketplace strategist at the Forex market stated that traders took income after US financial reviews together with CPI and USD elevated sharply. The promoting circulate of traders won't be over yet. Gold costs are trying out resistance levels. Economic occasions this week that effect gold costs encompass US retail income statistics and the...