The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly...
Get ready for gold to reach an all-time high and break through 2500 On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460 If Iran launches a large-scale military attack on Israel, the price of gold will also rise This week, the release of US CPI data will be a key event in the market....
8.6 Gold Analysis 8.5 Gold fluctuated and fluctuated, with an overall decline of more than 0.74% From the daily chart, gold is still on an upward trend. Coupled with the interest rate cut in September and geopolitical tensions, gold still has a lot of room for overall growth in the later period
XAUUSD analysis on 05/08/2024: Gold's plunge on Friday, August 2, 2024, from the 2478 zone to 2410-2413 as we predicted. Gold is still expected to correct but without breaking the long-term uptrend structure. Predicting gold could reach the 2800 milestone is entirely possible. Key price zones to watch: 2463-2470, 2390-2396, and 2370-2377. Recommended orders:...
Iranian leader orders direct attack on Israel Supreme Leader Ayatollah Ali Khamenei issued an order at an emergency meeting for Iran to strike directly at Israel in retaliation for the killing of Hamas leader Ismail Haniyeh in Tehran, according to three Iranian officials reported by The New York Times. Iran and Hamas accuse Israel of assassinating Haniyeh, who was...
Gold experienced a brief decline from July 29 to 30, reaching 2380, and then gradually rose and stabilized. It has now reached 2388 and will definitely break through the 2400 mark in the short term. Facing the upcoming Fed rate cut in September, it will further stimulate the decline of the US dollar. Then gold will be one of the main products for everyone to...
Gold prices rose to around $2,425 an ounce as tensions in the Middle East stimulated safe-haven buying. Previously, spot gold rose sharply by US$27.09, or 1.14%. The Public Relations Department of Iran's Islamic Revolutionary Guard Corps announced in a statement on July 31 that Hamas Politburo leader Ismail Haniyeh and a bodyguard were attacked and killed in...
At the end of the week, for this week, I can only say that the profit is almost perfect, I believe you are also very happy? After all, as far as I give the single statistics, this week killed more than 200 points of profit, I feel exaggerated, and these profits, also proved the end of the trough period, and, as far as the current statistics of this month, I also...
FOREXCOM:XAUUSD 🌘Gold buyers trying with 2346 Support level which is in the past used as support and resistance level. 🟣Gold goes up past week because of GDP and Unemployment calims weak datas. 🔵The expectation todays JOLTs Job Openings from 8.488 decrease to 8.350 also JOLTs Job Quits 3.329 decrease to 3.200. 🟡Decrease more than forcast Job Openings...
Hey Everyone, Another PIPTASTIC day on the chart for us today!!!! After completing all our Bullish targets earlier this week, we stated yesterday that failure to lock below 2338 and 2324 will establish support above this range for another retest at the levels above. - 2324 Goldturn held as support confirmed with our algo for the bounce and BOOOOM straight to...
Hey Everyone, Please see our updated 1h chart levels and targets after smashing all the targets for this week already. We are seeing price break into the new range and playing between 2125 resistance and support at 2116 Goldturn. We are looking for a re-test and break on either Goldturn to confirm the next range A bearish test to support at 2116 and a break and...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support 2010 Goldturn and resistance at 2016 Goldlturn for a test and break on either Goldturn to confirm the next level. We have resistance at 2016 for a immediate bullish target and 2010, as our bearish level target. We will see price range...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price break 2011 but EMA5 is lagging behind. Although we have open target now at 2022, we will need to see ema5 cross and lock above 2011 to open the full range 2022 and 2033. We have support now at 2011, and our bearish retracement zone at 1999 and 1992. We will...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
Hey Everyone, As promised yesterday, we have updated new Goldturn levels to accommodate the range below form yesterday breakout with updated retracement and swing range. 1988 Weighted level is providing support and we have 1999 for the immediate resistance target due for a retest. Both of these levels are weighted and we will need to see ema5 cross and lock on...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between support 2020 and resistance 2027 two weighted levels for a test and break on either Goldturn to confirm the next level. We have resistance at 2027 for a immediate bullish target and 2020, as our bearish level target. We will see price range...
Hey Everyone, This is our monthly chart long term projection chart. We have been tracking this chart since July 2023, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top. We then tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a...
Hey Everyone, After completing our 1H chart idea yesterday we now complete our 4H chart today with our final target at 2061 now HIT!!! First we had ema5 cross and lock above 2022 confirming 2033, which was hit earlier this week and now we had the 2038 Goldturn level cross and lock opening 2051 and 2061, which was hit perfectly today!! - BOOOOM!!! We have price...