fluxgold

fluxgold

Hello traders hope you all are doing great Here is our opinion on gold for today As you all know yesterday cpi news pushed the gold up and it spiked about 2379 and came back after the news but it went again and swept the liquidity resting the highs that created during the cpi after that gold ranged and market closed for now it has 2 scenarios rn gold is in range...

fluxgold Updated 

We're eyeing a short opportunity on XAUUSD around the $2355-2360 range, where the price is expected to encounter resistance. This level coincides with the Fibonacci 0.50 retracement level, a key trendline test, and upcoming PMI news, suggesting a potential reversal. Heightened geopolitical tensions further support the bearish bias. Stay tuned for detailed analysis...

fluxgold Updated 

Amidst prolonged tensions in the Middle East, global gold prices have surged, defying expectations despite robust economic data from the U.S. The sharp rise in gold prices comes as Israel signals readiness to retaliate against Iran's attacks, disregarding calls for restraint from Western nations. In the face of escalating geopolitical tensions, global gold prices...

fluxgold Updated 

Today, gold continues its upward momentum, eyeing the $2,400 milestone. Fueled by a weakening U.S. Dollar and subdued Treasury yields, gold remains a safe haven amidst global uncertainties. However, attention turns to Federal Reserve policymakers whose upcoming speeches may sway market sentiment. Stay tuned for key economic data releases and policy whispers...