ZerosGlobal

ZerosGlobal Updated 

Hello angel ☁️The current trading level in today's Asian session is around 1995, but it has struggled to maintain stability at the 2000 mark. However, gold is expected to recover above the 2000 level soon, despite the increase in US Treasury yields and a stronger USD. ☁️Amidst the escalating conflict in the Middle East, gold prices continue to rise as investors...

ZerosGlobal Updated 

☁️Last weekend, gold received strong support and surpassed the psychological resistance level of $2000. It closed the trading session at $2006, driven by increased political risks despite positive economic data released by the United States for the dollar. ☁️The 2000 and 1993 zones have become two strong support zones in the context of gold showing no signs of...

ZerosGlobal Updated 

☁️The price of gold has broken its downward trend and is trading higher around $1,970 per ounce in the Asian session on Wednesday. The precious metal found support as the US dollar stabilized after recent losses. ☁️From a short-term technical perspective, gold appears to be in a "buy" position. The 14-day Relative Strength Index (RSI) is just below the overbought...

ZerosGlobal Updated 

☁️At the end of yesterday's trading session, many investors correctly predicted the trend when gold increased to approach the old resistance area of 1990. ☁️The bulls are growing stronger every day and gold is pushing the price closer to the 2000 level. ☁️The conflict in the Middle East continues to be tense and political concerns will not disappear in the short...

ZerosGlobal Updated 

Hello Angel ☁️Today, the price of gold is starting to experience a slight decline. The upward momentum that was seen earlier this week is gradually weakening. It has been three days since gold failed to break through the resistance level of 2000, and currently, it is trading slightly lower on the 1-hour time frame, reaching trading levels seen in 1973. ☁️The...

ZerosGlobal Updated 

Hello Angel ☁️Gold is trading above 1970 levels with a slight increase thanks to the stability of the dollar. ☁️The US Dollar Index (DXY), which measures the value of the USD against six major currencies, hovered around 106.25. However, further increases in US Treasury yields could limit gold's gains as it does not offer competitive returns. ☁️The close price...

ZerosGlobal Updated 

☁️In the last two weeks, gold has increased continuously from 1811 to 1997. The main reason is due to political conflict in Israel. ☁️According to technical analysis, in an uptrend there is always a downtrend to help the increase be strong and stable and that has not happened to gold in the last two weeks. ☁️Gold's daily frame is showing an overbought signal,...

ZerosGlobal Updated 

☁️The global gold price stands at $1,976 per ounce, a slight increase of $10 per ounce compared to the same time yesterday. The precious metal has risen by about 9% in the past two weeks as investors seek to hedge against escalating risks in the Israel-Hamas conflict. ☁️Gold is attempting to break through the psychological resistance level of $2,000 but is unable...

ZerosGlobal

Currently, the upward movement that commenced last week remains intact on our current chart. The price is currently trading within the range defined by the Exponential Moving Average (EMA), and there are no indications of a potential deviation from this trend. It is anticipated that the price will continue to sustain its upward trajectory, fluctuating between...

ZerosGlobal

In today's session, GBPUSD continues to maintain an upward trend. At the time of writing, the British Pound is trading at 1.2264, supported by the adjustment of the US Dollar (USD), along with improved risk sentiment. In my opinion, a correction will occur here, and thereafter, the price increase will be reset with an expected rise of 1.231. The GBP/USD is...

ZerosGlobal Updated 

Dear Angel The situation in the Middle East seems unlikely to find a peaceful solution soon, which could maintain the upward trend for the price of gold despite higher bond interest rates. Therefore, gold has become a new breeze for investors as it becomes increasingly attractive in the context of prolonged conflict and political tension. Regarding expectations:...