vicariuzchrist

vicariuzchrist

GOLD currently move higher in the first day of 2025, continuing the uptrend momentum from the end of last year and now traded at 2634. Fundamentally, CME FED Watch Tools still eyeing for two cut rate this year and this could boost GOLD a little bit higher or make a wide-range sideways movement. Technically, i see GOLD still in a sideways condition now with smaller...

vicariuzchrist

US DOLLAR potentially continue it's strong bullish movement as several economic data released last week show us strong labor and inflation is still under control. This week we will face FED Meeting on 18 Dec and FED FUND FUTURES gives 96% number of lower rates (425-450 bps). In general, interest rate cut will give a weak movement for dollar. But, as a good...

vicariuzchrist Updated 

Don't forget to check my previous analysis. Afer gold edges up to 2,05% since break out from wide sideways range, finally it's close to resistance area in 2719-2722. Technically, i see classical resistance which it's a LH from D1 chart. It's a invalid seller to hold short position for a longer time. Seller must be exit from market if this level broke up. I also...

vicariuzchrist Updated 

SAXO:XAUUSD moves higher from Asian to Europe session and seems continue to catch 2670. As middle east tension continue spark, investor and trader likely hunt the safe haven assets especially GOLD. Another fundamental reason is FED Cut Rate cycle probability which now on 80% 0.25bps cut this month. On the technical analysis side, GOLD now testing the sideways...

vicariuzchrist

SAXO:XAUUSD Technical Analysis gives us clue for GOLD to move higher and higher. We can see in M30 chart that bullish pennant already made and GOLD continue to make a breakout movement. In H4 chart we can see a trendline resistance also already tested. Now GOLD just test a fibbo daily resistance at 2675-2677. Confirm BUY if it's body in H4 already break it. As...

vicariuzchrist

AUDUSD currently traded in the downtrend movement. As we see in the weekly chart, the downshift movement starts from October as USD move stronger belong to strong economic data followed by investor's optimism of second Trump Presidential era. Tomorrow, 10/12/24 RBA would give us signal about it's interest rate. Consensus is 4,35% and we may anticipate the...

vicariuzchrist

TVC:DXY currently traded higher after strong economic data last Friday. NFP data told us that US labor market remain strong. We also can see at Tuesday Job Opening data which showed us "higher than expected - higher than previous month" and finally drives the price up. At the last speech, Powell also said that FED isn't in a rush condition to reduce the interest...