pips1000s

pips1000s

The recent downtrend in gold prices can be attributed to several geopolitical and economic factors: Federal Reserve's Monetary Policy: There is increasing optimism that the Federal Reserve may reduce interest rates before the upcoming U.S. elections, as part of a strategy to support economic growth. This sentiment has been bolstered by recent indications of a...

pips1000s

Recent PPI Data: If the PPI data was higher than expected, it suggests higher production costs which could eventually lead to higher consumer prices (inflation), potentially boosting gold. CPI Data: If CPI shows increasing inflation, this would likely support gold prices. Fed Statements: Any hints from the Federal Reserve about future interest rate hikes will be...

pips1000s

Bullish Scenario (Price Going Up) Entry: Enter a long position if the price breaks above the immediate resistance level (e.g., $61,000) with strong volume. Stop-Loss: Place a stop-loss just below the breakout level or recent support (e.g., $60,500). Target: Set a profit target around the next resistance level (e.g., $61,500 or $62,000). Bearish Scenario (Price...

pips1000s

Detailed Analysis 1. Trend Analysis - The overall trend is downward, as indicated by the descending trend lines. - Recent price action shows lower highs and lower lows, which confirms the bearish trend. 2. Support and Resistance Levels - Support Levels: 2323-2326: This zone has acted as strong support recently. If the price reaches this area, it might find buyers...

pips1000s

Uptrend line: Connect recent lows (e.g., $1,825, $1,830). Downtrend line (if applicable): Connect recent highs if there's a retracement. Support and Resistance Levels: Support: $1,830 (recent low). Resistance: $1,845 (recent high). Price Action: If the price is near $1,830 (support) and showing bullish candlestick patterns it might indicate a buy opportunity. ...

pips1000s

As of June 2024, the price of gold is experiencing notable fluctuations in the forex market. Currently, gold is trading around $1,950 per ounce, reflecting a moderate increase compared to earlier in the year. The trend has been influenced by several factors, including global economic conditions, inflation concerns, and geopolitical tensions. Investor sentiment is...

pips1000s

China doing a Chuck Norris on gold - waiting and watching Gold folks expect the buying to resume soon. "China's data did show a pause," David Tait, CEO of the World Gold Council (WGC), told Reuters on the sidelines of the Asia Pacific Precious Metals Conference in Singapore. "(But) they are just...

pips1000s

Gold price tanks to four-week low on hot US NFP report and also Gold sold off on the headline that China halted reserves buying after an 18-month stretch. Gold prices plummeted to a four-week low after the US Bureau of Labor Statistics (BLS) revealed that the labor market remained strong, and China halted its purchase of the golden... Now gold at important...

pips1000s

Gold possible to go down till 2140 area Time frame: 1Day Did Federal Reserve really confiscate everybody's Gold? Still, some gold dealers use the confiscation story to try to scare you into only buying collectible coins because there was an exception in Roosevelt’s order for “gold coins having a recognized special value to collectors of rare and unusual...

pips1000s

Over the past week, Bitcoin has experienced a notable surge, reaching its highest level since November 2021. The price of Bitcoin topped $57,000, marking a significant increase from its previous levels earlier in the year. This uptrend is driven by a combination of factors, including positive market sentiment, strong institutional inflows into Bitcoin ETFs, and...

pips1000s

Gold has more potential to go down further more at 2306 level in next week . Gold has been feeling the pressure from the rise in real yields lately as the opportunity cost of holding into gold at these levels remains high. Friday downside surprise in the US inflation data or weak economic reports to trigger another sustained rally and it recover on friday. At the...

pips1000s

TF -15Min Gold potentially going to 2500 Area before goin down Gold breaks above $2,400, nearing all-time high of $2,431. Lower April inflation in the US supports Gold’s rally, despite rising Treasury yields. Fed officials remain cautious, with December 2024 rate cut expectations slightly adjusted to 35 bps..

pips1000s

Time frame 30 min possible to go down 16500 currently at 16668

pips1000s

BTC possible to go 48000 level TF 1Hr yo can entry after break trend line and retest

pips1000s

Gold Price Analysis: XAU/USD pulls back from $2,084 as markets hunker down for holidays Gold pulls back after testing $2,084 Rising investor bets of faster, more frequent Fed rate cuts squeeze Gold higher. US inflation continues to cool off, Treasuries ease back amidst... next target 2100-2140 after pull back 2072

pips1000s

US100 sell position time frame 15 min US100 will continue 16800 and then we can put a sell potions according to FVG

pips1000s

Gold reach all time high last week Friday due to Hamas starting war again in meddleast attack . Currently gold remaining 2071.45 $ level and next week it can make correction move to FIb 50-68 levels in currant 4hr trend line. Then it will going aging to 2085-2100 levels before going down for more signals and analysis contact us

pips1000s

Gold Price Forecast: XAU/USD rebounds near $1,830 as US Dollar pulls back Gold price snaps the losing streak that began on September 25, trading around $1,830 per troy ounce during the early Asian trading session on Thursday. However, the prices of Gold could face challenges due to market caution regarding the US Federal Reserve's (Fed) interest rate trajectory.....