Signals and strategies between OANDA:XAUUSD and OANDA:EURUSD : THE FIRST : OANDA:XAUUSD NOTE : BUY price range 1818$ - 1820$ - stoploss: 1815$ Today we will have 2 price zones to pay attention to to establish SELL signals: 🔽SELL watch Price range 1838$ - 1836$ - stoploss: 1845$ 🔽SELL watch Price range 1855$ - 1853$ - stoploss: 1860$ Note: Full...
Fundamental analysis: Yesterday was a market day with almost no big changes when everyone was waiting for Nonfarm payrolls Today promises to be very turbulent, not only because of Nonfarm but also the OPEC+ meeting. If oil prices stay above the $80 threshold, the story of escalating inflation will return and central banks will have a headache with their monetary...
XAUUSD Aug 3 : Gold prices slightly higher in Asia on Thursday and partially reversed the previous day's slide to the $1933-$1932 region, or three-week low. XAU/USD is currently trading with a slight positive bias around the $1937-$1938 region, up nearly 0.20% on the day, although any significant uptrend still seems elusive. The ADP National Employment Report...
An auspicious start to the week saw gold prices rise further on Friday amid the scene volume and open co-operation. That said, continuing the recovery as-is is not considered reliable for the time being, instead allowing some dynamic state adjustments to be made. Meanwhile, the $1975 per troy ounce area still curtails bullish attempts from time to time. Last...