Gold prices increased while the US economy showed signs of slowing down faster than expected. US GDP growth in the third quarter only reached 2.8%, lower than the 3% recorded in the previous quarter. The growth figure is lower than expected, making many people believe that the US Federal Reserve (Fed) will consider accelerating the pace of interest rate reduction...
World gold prices increased, with spot gold increasing by 12.5 USD to 2,788.1 USD/ounce. Gold futures last traded at 2,798.6 USD/ounce, up 17.5 USD compared to yesterday morning. Gold continues to benefit as uncertainty ahead of the US presidential election boosts shelter demand for this precious metal. According to RJO Futures senior market strategist Daniel...
Since the beginning of the year, gold prices have increased more than 34%, due to the conflict in the Middle East, the US Presidential election and the US Federal Reserve (Fed) reducing interest rates. Investors are currently waiting for a series of US economic data to be released this week, including the employment report and the personal expenditure price index...
Last week, gold prices fluctuated strongly, reaching a record high, but also encountered many difficulties in maintaining the upward momentum, causing experts to have mixed opinions on this week's price trend. According to a survey by Kitco News, the optimism of experts and investors has decreased significantly compared to last week, when only about 56% of...
Gold prices reversed to increase when receiving information that Russia proposed that BRICS member countries create their own precious metals trading floor. The news follows a statement adopted by the leaders of BRICS countries on Wednesday, advocating increased precious metal exchanges between members on the basis of common quality standards. “This mechanism...
Gold costs reduced after statistics approximately americaA housing marketplace in September. According to americaA National Association of Real Estate (NAR), general income of present homes, consisting of personal houses, townhouses, and residences condominiums and cooperatives, fell 1.0% to a seasonally adjusted price of 3.eighty four million gadgets in...
World gold prices are also supported when the money flow into the US stock market shows signs of decreasing after the Dow Jones, S&P500, and Nasdaq indexes have all continuously set records in nearly 5 months. The race for the White House is getting into a dash phase, very fierce with symptoms and symptoms of a reversal toward Donald Trump. The election will...
World gold prices increased in the context of the USD index falling. Recorded at 9:20 a.m. on October 21, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 103,749 points (down 0.08%). Over the past year, gold bars - a commodity considered a hedge against political and economic instability - have increased more than...
Gold fees hold the bullish motion and print new document highs that's expected. The fee will hold the bullish motion and investors will await a bearish correction. Whenever the fee begins offevolved a bearish correction, investors should wait close to the guide degree to feature greater lengthy positions. As lengthy because the fee maintains printing new better...
World gold prices hit record levels as uncertainties surrounding the US presidential election and geopolitical conflicts in the Middle East sent investors looking for safe haven assets. Along with that, the loose monetary policy environment continues to keep gold prices at high levels. Gold has seen gains of more than 30% this year, surpassing record levels,...
Goldman`s Chloe Garber instructed customers nowadays that Polymarket is priced at 60/forty, there's ~1.5% upside to 65/35 odds, and 4% disadvantage to 50/50 odds. "I suppose there's a opportunity this pair should visit the July highs earlier than the election, however it might require a few horrible polls for Kamala Harris, while a variety of paintings has been...
Come up with ideas and wave trends for today, 10/7, 2024. In my opinion, tomorrow there will be a short-term wave during the day that pushes the price up to the 2662 zone, so tomorrow you can watch for the correction wave and then watch for Buy. To watch for Buy at this wave, pay attention to the price zone of 2650 - 2647. Here, find the Buy factor, SL below the...
💵 XAUUSD 💵 ➡️GOLD yesterday continued to increase above 263x then decreased again and reacted around the 262x area from last night to the present. Today I will continue to watch Sell Gold Over 3x according to RSI's reaction. Buy on large frames and reaction patterns Resistance and Support above. ➡️ Everyone, please refer to the Plan for Today 💵Sell Gold...
💎 AUDUSD Analysis 💎 🔸AUDUSD has had a positive rally, currently showing signs of surpassing the 0.6748 threshold, indicating that the uptrend of AUDUSD is still maintained. Therefore, in today's session, AUDUSD is expected to continue to increase to higher levels, with the target towards the 0.68 peak area. Investors should consider placing a BUY order to take...
💵USDJPY ANALYSIS 💸 - The Yen is still recovering very strongly since the USD/JPY pair fell to its lowest level in nearly 40 years at 141.95. - The recovery is mainly supported by many interventions of the Japanese Government. Especially the support from the narrowing of the interest rate gap between Japan and the United States. - The market is expecting the Fed to...
I update you with the price levels to pay attention to when placing orders. For Sell Scalping orders, pay attention to the red levels at the price points 2595 - 2611 - 2620. For Buy points, 2575-2571- 2554 - 2545. These levels have a maximum SL of 3 prices. Never hold on to more than this level and the points around 2530-2526. This is a long-term swing order zone...
USOIL: Oil prices in today's session have appeared a reversal candlestick pattern on the H4 frame. The $68 area is also a good support area for Oil prices, so you can consider buying USOIL around this price area. The short-term target can be expected to return to the $71 area. Oil charges persisted to fall on Wednesday on worries that a typhoon anticipated to hit...
Gold Price Forecast Experts expect that the opportunity of the Fed reducing hobby costs through 25 foundation factors is increasing, that could make gold charges prone withinside the close to time period. Ole Hansen, head of commodity method at Saxo Bank, predicts that the August jobs variety isn't always sufficient for the Fed to reduce through 50 foundation...