Bentradegold

Bentradegold Updated 

Hello dear friends! What do you think if EURUSD continues its downtrend in the future? This will be a long-term analysis for this currency pair. On the chart analysis: Ben sees that a double top pattern has formed (clearly indicated from the chart) which marks a strong fight from the sellers as they try to push the downtrend back. Furthermore, using Fibonacci...

Bentradegold Updated 

Looking at the GBPUSD chart, we can see that the price is moving within a clear downtrend channel. Currently, the price is right next to the upper trendline of this channel, indicating that selling pressure may dominate and continue to push the price lower. Today's trading trend: SELL scalp. Trading strategy: For those considering trading, it is reasonable to...

Bentradegold Updated 

Dear Traders! Analyzing the gold chart on the 1-hour time frame, we can see that gold prices were relatively weak at the beginning of the trading session after closing the week at $2660 with a slight reversal, currently hovering around $2656. This reversal is due to some short-term technical factors, especially a gap opening, which prompted investors to fill in...

Bentradegold Updated 

At the end of last week's trading session, gold prices continued to increase strongly. Gold prices have created a new ATH after a correction to 260x. We will now trade according to the main trend. Wait for the next adjustment of gold to enter a long-term order. Today's trading trend: BUY scalp. Price zones to pay attention to: BUY zone: 2703 - 2708 SELL zone:...

Bentradegold Updated 

Gold prices continued to rise today and hit a new record, reaching a full $2,700 at the beginning of the session and the upward momentum is still strong. Accordingly, gold reached a record high as it continued to be driven by safe-haven demand, due to concerns about instability surrounding the US presidential election and conflicts in the Middle East. In...

Bentradegold Updated 

Hello everyone, let's update the gold price today! Currently, the gold price is fluctuating around 2728 USD, almost unchanged from this time yesterday, although there was a slight decrease before. This shows that the purchasing power of this precious metal is still strong and stable. The main reason for gold to maintain its position is thanks to a series of...

Bentradegold Updated 

Gold is struggling to capitalize on the positive momentum from Friday and is currently hovering around $2680. With clear signs of bullish momentum being shown by the 34 and 89 EMAs, there are no significant signs of a reversal yet. The next prediction is that gold will continue to trade in the range of $2683 to $2660. The $2660 level at the 89 EMA could be...

Bentradegold Updated 

Hello everyone! USD/JPY is finding fresh demand alongside the US Dollar in the Asian session on Thursday. New measures in the Chinese real estate market disappointed and strengthened the safe-haven greenback. The US Retail Sales data will now be in focus, and looks vulnerable. However, in the short term, with the trend still intact and because of the principle...

Bentradegold Updated 

Gold prices made an impressive reversal today, rising more than $25 to $2,635, after six consecutive sessions in the red. The recovery came on Thursday, as investors began to adjust their strategies based on a series of important economic data from the US. The CPI report showed signs of cooling inflation, while employment data reflected a weakening labor market....

Bentradegold Updated 

Gold prices continued to rise slightly on Tuesday as Treasury yields eased, while investors cautiously awaited more data for fresh clues on the Federal Reserve's easing cycle. The 10-year yield fell as the day's report showed a slowdown in manufacturing activity in New York state. Accordingly, bond yields are putting slight pressure on gold. However, the...

Bentradegold Updated 

Ben hello everyone! On the 1-hour chart, the downtrend continues. After losing momentum from 1.306, GBPUSD has continued to decline. With the market looking unfavorable and the Fed’s interest rate cut policy unclear, GU has lost value. The next target for the next decline is seen at 1.2950, ​​which is a strong psychological barrier. However, the possibility of a...

Bentradegold Updated 

Dear Friends, You may be wondering why the price has fallen so sharply. In international market news: - The US Dollar (USD) continued to appreciate, albeit modestly, encouraging the US Dollar Index (DXY) to maintain multi-week highs above 103.00. - Supporting the greenback's rally in recent weeks were the minutes of the Federal Open Market Committee (FOMC)...

Bentradegold Updated 

Today, EUR/USD pair continued to fluctuate in a narrow range below the 1.0900 mark during Thursday's trading session, holding on to recent heavy losses, after falling to a near two-month low the previous day. Technically, the old support level has turned into a stiff resistance, making any recovery attempt difficult. Meanwhile, technical indicators and signals...

Bentradegold

Short-term H2 is trending up Gold is testing EMA and making bullish momentum Here is a speculative plan for traders

Bentradegold

Currently, GBPUSD is moving around 1.305 at the beginning of the weekend trading session with the weakness continuing since the beginning of the week. Although there is a recovery, it is only short-term and is a trend correction. With a strong reversal from the EMA 34, 89, this currency pair is still heavily influenced by the technical selling sentiment. In the...

Bentradegold

Hello dear friends, nice to meet you in today's gold price race! Today, gold has not changed much, mainly fluctuating around the $2600 mark, and the downtrend is still dominant. The metal is under pressure as the USD starts to regain strength. On the analytical chart, the price has dropped below the support level of $2625. The 4-hour chart shows the possibility...

Bentradegold

Currently, we are witnessing a recovery attempt in gold after testing the psychological support level at $2,600. It is clear that sellers were unable to push the metal below this important level, as gold found new support at $2,605, showing signs of a steady recovery since yesterday. Looking ahead, gold prices have paused their earlier declines in preparation for...

Bentradegold Updated 

Looking at XauUSD's 4 -hour chart, we can see that the price is being blocked by the decreasing resistance line and there is no clear breakthrough through this level. EMA 34 (yellow) is currently acting as a short -term resistance close to the current price, while the EMA 89 (blue) continues to be below, supporting the price if the batch occurs sharply. An...