TVS-Trader

TVS-Trader Updated 

Gold reached the resistance level of 2726. This area is waiting for the decision of the Asian session to accept selling or not. If the Asian session accepts selling at this price, wait for the European session to buy back around the area of ​​2717, 2712. 2691 becomes an important resistance zone of today. 2647 is today's resistance. When breaking the border of...

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The sudden rebound to 2690 turned out to be a condition that the bulls had been waiting for. The price was pushed to 2696 and is heading towards the resistance at 2702. The bullish bias is taking precedence over the bearish signals. The buy zones are 2676 and 2660. The target is the old highs at 2625 and 2750 which are the targets for all buy signals this week.

TVS-Trader Updated 

Fundamental Analysis Growing acceptance that the Federal Reserve will pause its rate-cutting cycle later this month and bets on a rate hike by the Bank of Japan next week are weighing on non-yielding gold. That said, expectations that softer inflation in the US will allow the Federal Reserve to cut rates further this year, leading to recent declines in US Treasury...

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⭐️Fundamental Analysis Gold prices are struggling to hold above the $2,700 mark after retreating slightly from a more than one-month high. Expectations that the Fed will pause rate cuts later this month have supported the US dollar's recovery, putting pressure on safe-haven gold. However, easing inflationary pressures in the US have increased the possibility of...

TVS-Trader Updated 

BTC is trading in the 102,500 and 97,500 range. A recovery of 97,500 may be needed to reach the 105,000 peak range again. And create more new ATHs in the near future.

TVS-Trader Updated 

Gold is trading within the 2683 and 2662 range. Gold needs more action to break out of this range. 2697 and 2646 are the focus points when the price breaks out of the narrow range. The uptrend is still stable, so we are leaning towards BUY signals for today.

TVS-Trader Updated 

⭐️Fundamental Analysis Gold prices maintained a slight increase in the European session on Wednesday, but remained below the resistance level of $2,665. Factors supporting gold include concerns about trade wars, geopolitical tensions and market risks. However, the Fed's "hawkish" stance, which led to higher US bond yields and a stronger USD, limited the upside...

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⭐️Fundamental analysis Gold prices are currently only slightly up and struggling to maintain the upward momentum, trading around $2,640 in the European session. Market sentiment is affected by risks from the Russia-Ukraine war, tensions in the Middle East, and concerns about President-elect Donald Trump's protectionist policies. The Federal Reserve (Fed) showed a...

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SELL signal in the 1.259-1.261 area. This is a strong resistance zone of GBPUSD in the H4 time frame. The pair needs to correct to Fibonacci 0.5 of the up wave around 1.247 after reaching the important resistance level (the end point of the up wave 1). After the recovery to 1.247, the pair can achieve strong gains again and reach an uptrend when breaking 1.260...

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⭐️Fundamental Analysis The US Federal Reserve's forecast of fewer interest rate cuts could undermine non-yielding assets. The US central bank decided to cut interest rates in December but signaled that borrowing costs would fall more slowly than previously expected this year. On the other hand, economic uncertainty and geopolitical tensions could boost a...

TVS-Trader Updated 

After an important correction at 2638, gold can continue its uptrend from this support zone. Target 2680 in the immediate future. When the 2638 zone is broken, gold will return to the sideways border and there is no specific trend to continue. The 2617 zone is considered the pillar zone of next week before the downtrend. Breaking the 2617 zone confirms the downtrend.

TVS-Trader Updated 

⭐️Fundamental Analysis Gold prices rose on the first trading day of the year as investors sought safe havens amid escalating geopolitical tensions and concerns over the policies of President-elect Donald Trump and the US Federal Reserve (Fed). Trump's protectionist policies could fuel US-China trade tensions and boost safe-haven demand for gold. However, these...

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🌐Fundamental Analysis UK macroeconomic and consumer credit data earlier in the week came in below expectations, but received little attention. Meanwhile, the US business survey kept investors optimistic, with the ISM manufacturing PMI hitting a nine-month high, albeit below forecasts, suggesting a slowdown in manufacturing inflation and continued job cuts. There...

TVS-Trader Updated 

Gold is trading in an uptrend in early Asian session with resistance facing around 2640. The price range is widening today. On the upper side, pay attention to the 2650 and 2660 zones in the European and US sessions and the main resistance level of the week could reach 2690. It is difficult to wait for buy retests in the current areas, at least wait for 2621,...

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⭐️Fundamental Analysis Gold prices fell despite increased safe-haven demand as traders anticipated signals related to the US economy. Non-yielding gold received support as the Fed is likely to continue cutting interest rates after US PCE inflation data. The safe-haven metal may gain in price due to rising geopolitical tensions. ⭐️Technical Analysis Gold approached...

TVS-Trader Updated 

Today is still a holiday but the market is still active. After a strong increase in the Asian session, gold price has increased to 2626. Confirming that the uptrend can dominate today. Resistance at 2633 is still a strong zone in a gloomy day of the market. Break 2633 will find BUY points to continue to target 2658. 2608 and 2584 will play a key support role today...

TVS-Trader Updated 

Fundamental Analysis Gold prices held steady near $2,625 in early Asian trading on Monday. The Federal Reserve’s hawkish stance could weigh on the yellow metal. However, a weaker greenback following weaker inflation data could limit the yellow metal’s downside. The Fed cut interest rates at its December meeting as expected but signaled it would slow the pace of...

TVS-Trader Updated 

⚡️GBPCAD is following wave 5 of the Elliot wave pattern. ⚡️The breakout from the boundary zone when there was a strong candle closing through the 1.80600 zone and the price traded above the 2 EMAs confirmed that the buyers won the market. ⚡️Expect the peak of wave 5 to end around 1.815 which is our TP 2 zone.