Gold took a tumble last Friday, reversing its upward trend after disappointing economic data from the US. We saw a near 1% drop following a two-week high of $2477, driven by concerns about the health of the US economy. The latest Nonfarm Payrolls figures fell short of expectations, adding only 114K jobs in July, a significant miss from the estimated 175K. This...
Gold prices are on a roll, climbing for the third consecutive quarter! What's driving this surge? 👀 It's all about inflation and the Federal Reserve. This gain comes after a key U.S. inflation gauge, favored by the Federal Reserve, was broadly in line with expectations, fueling hopes of potential interest rate cuts by September. On Friday, market sentiment...
In this video, we delve into the recent reversal of gold prices, which saw a decline of over 1.70% on Friday. This shift comes on the heels of robust economic data from the United States, leading investors to adjust their expectations for future Federal Reserve interest rate cuts. Currently, XAU/USD is trading at $2,317, below its opening price and after reaching...
We dive deep into the recent movements of Gold (XAUUSD) following the release of the US Nonfarm Payrolls (NFP) data. On Friday, Gold initially surged to the $2,310 zone after the NFP numbers missed markets' expectations, signalling a cooling jobs market. However, bears quickly took control, pushing the price back into a demand zone identified on the chart. The...
HELLO TRADERS.. As i can see gold has break strong resistance level which is now turn in to a support zone and also tested 61.8 Golden Fibo level on Monthly TF we can see fundamentally issue around the world is signing to investors and big boys are moving to safe haven so load ur bags for this new bull run friends its just and trade idea do a proper analysis...
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H4 - Bullish trend pattern. Currently it looks like a pullback is happening. Until the strong support zone holds I expect the price to move higher further after pullbacks in the short term.
Gold price (XAU/USD) attracts some buyers for the fourth successive day on Monday and trades near its highest level since December 28 touched on Friday.
HELLO TRADERS As i can see Gold drop on yesterday interest rates results and Powell speech make a pullback in $ and now if we see the uptrend has just broken and now we can sell here more on positive Jobless Claims, ISM Manf PMI and tomorrow NFP so our risk reward ratio is great on this trade we already selling from 2055 Zone let's see what markets brings it's...
HELLO FRIENDS As i can see not good ADP out come today and traders are syill betting on rate cuts so i am expecting a move to resistance zone and then it will fall its just a trade idea share ur thoughts
hello traders as i can #Gold breaked downtrend and now re testing broken channel and creating a support here so lets fill our bags with gold for this new bull run our Risk Reward is the best mange yours and do a proper analysis before any trade we need ur thoughts here on gold it help alote of our trader community here Stay Tuned
Gold broke out of a bearish flag/correction after a last weeks drop.
Price formed a triangle which is a continuation pattern and it's now broken.
the truth is the direction is unknown but technically we can see signs of a possible pullback.
Gold breakout of an ascending channel and retested it as well as a resistance zone.
HELLO TRADERS HOPE SO ALL OF UR DOING GREAT & HAPPY LIVING A GOOD HEALTHY LIFE ITS WISH FOR ALL OF MY FOLLOWERS .... As i can see Gold is doing a fantastic job we are collecting great results as we had prediction in our previous analysis this is new trend for gold for Ur new incoming year we will keep u update on each move now we are looking closing of the years...
HELLO FRIENDS AND TRADERS COMMUNITY As i am watching the Gold monthly chart i am expected some big moves incoming months the monthly candles and volume can be crazy as we can see the US $ condition around the world is going on and wars an much more in fundamentally view also chart talks as we say always... we so friends we will sell high and buy low :) its just...
Last Fridays Gold🪙 Trade finally hit TP 🎯 What a move Patience is the key 🗝️💯