Securing partial profits by closing half of the position, while holding the remaining half to capitalize on potential future opportunities...
XAUUSD may follow a potential consolidation path, moving within a defined range as investors closely monitor global economic indicators, shifts in interest rate policies, and ongoing geopolitical tensions, all of which could influence market sentiment and the broader outlook for gold prices.
The price is being held back by resistance with no signs of breaking for the price to increase further
Price may be approaching a key support zone or moving average, providing a bounce opportunity. RSI could be oversold, suggesting bullish momentum may develop.
🥇 Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President...
Our morning targets for XAUUSD were successfully achieved, marking a strong finish to the week! Great work, everyone. As we head into the weekend, let's remain cautious and avoid any impulsive selling. Stay disciplined, stick to the plan, and enjoy your weekend!
XAUUSD is showing a strong bullish divergence, a clear indication that the market's momentum is shifting upward. The technical signals are aligning perfectly, paving the way for a potential breakout in gold prices as buyers step in to capitalize on the opportunity.
Current Gold Market Situation: It is advisable to avoid making any purchases at this time. Wait for clear confirmation and stability before considering investment decisions.
In a market moving at its own pace, this is the golden moment. What more could one ask for? Let me know if you’d like further adjustments!
🌐The Fed cut interest rates by another quarter point to a range of 4.25% to 4.50% early this morning and announced it would continue to shrink its balance sheet. Cleveland Fed President Beth Hammack voted to keep rates unchanged. After confirming the Fed had delivered a 25 basis point cut, markets immediately turned to see how the central bank’s view on future...
BTC/USD Long Projection: Anticipating bullish momentum as key support levels hold strong. Eyes on potential breakout targets—stay ahead of the trend!..
Gold appears to have significant potential for upward movement in the near future, with a higher likelihood of prices increasing based on current trends and market conditions. However, as with any trading activity, it's essential to exercise caution, conduct your own research, and manage risks effectively before making any decisions. Always trade at your own...
Gold moved in the range of 2645-2665 yesterday in a tug of war. In today's Asian session, gold price is expected to move in the range of 2650-2665. In the European and US sessions, the range is expected to be 2645-2670.
☄️Gold market analysis☄️ ➡️Gold grew to 2720 and then had a market crash to 2645. ➡️We need the selling force to weaken past the candlestick signals in H1 and H4, then we will Buy, the 2 Buy zones I suggest for you next week: 2636 - 2614 ➡️In the long run, gold still has the ability to grow to the $3,000 mark, but before there is strong growth, gold will...
Do not buy at this time, the price is likely to return to the 2666 area..
The price is accumulating sideways, in my analysis the price could touch the 2730 area in today's US session
🥇 Gold in the Asian session this morning was supported to increase and surpassed the nearest peak at around 2726. But it is currently declining slightly. ➡️With the gold price increasing by nearly $100 since the beginning of the week, chasing gold at this high price level is potentially risky. Gold may have a downward adjustment after the recent increase....
🥇 Gold has increased and broken the resistance zone which has now turned into support at around 2683. Currently, gold in the Asian session may head towards the psychological resistance zone of the round number 2700. ➡️We can expect a downward correction with gold after approaching the 2700 zone. However, if gold falls to retest the 268x zone, we can wait to buy gold.