Xuausd
GOLD - 28 Aug 2022 Gold during the last week due to the decrease in bond yields and the speeches of the Jackson Hole economic meeting regarding the increase of interest rates by 0.5 to 0.75 percent.
Also, after the publication of GDP statistics, which is lower than the published announcement, which shows a percentage of stagnation
Support: 1712-1730
Resistance: 1773
Continious down trend on Gold Leaving every thing same GOLD still looks forward down to 1680 as it formed reverse cup and handle pattern. As i'm new to TV and novice in chart pattern and analysis as i do mostly Price action only. I would really appreiciate all the comments and feedbacks
: Not a financial advice to anyone to use it as a trade advice/.
XAUUSD is BullishBITSTAMP:BTCUSD
XAUUSD is bullish
Analysis from the aspect of information
During the Asia-Europe session on Wednesday (April 13), spot gold fluctuated in a narrow range and was currently trading around $1,965; the price of gold touched $1,978.5 an ounce overnight, as negotiations between Russia and Ukraine stalled and geopolitical concerns increased gold’s hedging. In addition to the demand for insurance, U.S. inflation recorded the largest month-on-month increase in 16 and a half years, which also provided support for gold prices. However, the hawkish speech of the Fed officials continued, and the dollar once again refreshed a nearly two-year high, which suppressed the price of gold. Moreover, the Reserve Bank of New Zealand and the Bank of Canada will also keep up with the pace of interest rate hikes, increasing the opportunity cost of holding gold, so that bulls still have concerns.
This trading day will pay attention to the US March PPI data and news related to the situation in Russia and Ukraine, pay attention to the New Zealand Federal Reserve interest rate decision and the Canadian interest rate decision and their impact fermentation; pay attention to the March CPI data.
technical analysis
Candlestick chart in ascending channel
The divergence indicator is clearly up
KDJ indicator golden fork up
U.S.Dollar/Japanese Yen.2h.FXCMIn the update of the analysis of the dollar pair to the Japanese yen in the 2-hour period, at the end of an uptrend, the power of buyers and sellers decreased. And with the latest downtrend fluctuating in a range of suffering and the possibility of falling to a lower support level.
#NewUpdate
👨🏫 vahid soltani :@ vahidsoltanitrading
📊 : #Usd/Jpy
⏰: TimeFrame:2h
📆 :23.02.2022
⚠️:This analysis is purely a personal opinion and not a buy or sell signal
Bitcoin / TetherUs.1h.BINANCEAs you can see, with the closing of a strong downtrend in the one-hour time frame, there is a possibility that the price will fall to the lower range, in case of support in the price range 37537 and the price will return up, or the support range of 36357 is expected to fall.
👨🏫 vahid soltani :@Vahidsoltanitrading
📊 :#Bitcoin
⏰:Time Frame :1h
📆:23.02.2022
⚠️ :It is a personal analysis and not a buy or sell signal.
gold buy (long) ideagold have been bullish since past January , price kept on pumping and printing new highs at 1806 - 1813 - 1822 - 1840 - 1863 - 1878 and 1910 and fundamentally that's due to :
no interest rate hike .
high US inflation .
and now with the geopolitical issue between Russia and Ukraine gold touched 1910 ( a strong supply zone ) and correcting back to 1890 . with tension getting hotter and hotter gold is likely to stay bullish.
I can see gold pumping again from current prices ( 1893 ) or for a possible deeper correction toward 1870 level before the pump .
Gold bullish target is at 1910 ( the demand zone ) and a break above it can take it to new farther target mostly to 1960 .
GOLD is BULLISH both technically and fundamentally .
If you like the idea please make sure to press the like button and to leave a comment bellow it would be of help to the channel and i'd appreciate it , if you are a new around here please do follow me so you don't miss any future updates/analysis .
this being said I wish you a profitable week see you in the next update .
Ethereum/TetherUS.4h TA : New UpdateIn case of support and return from the marked limit to higher price targets and in case of no support fall to the lower support area...
👨🏫 vahid soltani
📊 #Ethereum
⏰ Time Frame :4h
📆 22.02.2022
⚠️The analysis is purely a personal opinion and not a buy or sell signal
xauusd - GOLDGOLD SOLD AND HIT STOPLOSS LAST NIGHT!
due to positive USD news this morning gold, fell more making a stop at the 1775 price level
TONIGHT, WE BUY GOLD AGAIN!
buy gold at 1777, if this support level can hold gold will continue to make higher highs
CPI news for the USD comes out at 12/10/21 @ 8:30am Newyork
if this news is negative I can see gold reaching the 1790 price level.
buy gold through London session and close trade before Newyork opens. (don't trade the new)
*I currently have 3 positions open for gold. I will leave one open during Newyork session