Hello everyone! Today i want to share some macro analysis with you! $E-Micro Gold - main 2502(MGCmain)$ $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold price managed to break below the intraday bullish trend line and stabilised below it, reinforcing the expectation of a continuation of the bearish trend on an intraday basis, mainly waiting for a visit to the $2,615.00 and subsequently the $2,600.00 level.Stochastic has clearly lost its positive momentum, supporting the downward expectation that a break above $2687 will stop the bearish wave and lead the price back to the main bullish track again.Today's trading range is expected to be bet

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ TECHNICAL: Gold prices provided a clear buying trade yesterday, reaching the $2725 area, reinforcing the expectation of a continuation of the bullish trend in the upcoming trade, reminding you that the target we are waiting for is located at $2,745, a break of which is the key towards the recently recorded all-time high of $2,790.At the same time, considering that a break below $2,670 would stop the bullish wave and push the price to turn down, the stochastic indicator is still negative, which would hamper the task of bouncing back towards the awaited target.Today's trading

Hello everyone! Today i want to share some macro analysis with you!1.TECHNICAL: Gold price resumed its downtrend to support the expected continuation of the dominant bearish trend during the day, waiting for a test of $2,600, which is the first major target of my recent forecasts, reminding that a break above this level would extend the bearish wave to the $2,513.15 area.A break below the EMA50 supports the continuation of the suggested bearish wave, while a break above $2567 would stop the expected downtrend and allow the price to resume the dominant bullish trend once again.Expect today's trading range to be between the 2610 support level and the 2645 resistance level.Trading continues to be dominated by sell orders! Asian and European market strategies: Sell: 2643-45 TP:2630-2625 SL:265

Hello everyone! Today i want to share some macro analysis with you!1.Technical: The price of gold started today's trading after showing a clear downtrend, the price of gold has fallen below the main bullish trend line, is expected to fall in the next few trading sessions, the first target is to test 2600, it should be noted that if the price of gold falls below this level, gold will continue the downward trend to the next target of 2560, the lower target is located in the 2513.15. Therefore, as long as the price of gold can not overcome the 2658 Therefore, as long as the price of gold fails to overcome $2,658, it is still predicted that gold will have a bearish bias today. Once this level is breached, it will stop the current downward pressure and lead to a return to a major bullish trend.

Hello everyone! Today i want to share some macro analysis with you!TECHNICAL: Gold prices continue to fall, confirming the break below the major bullish trend line as its daily candlestick closed below it, coming under additional negative pressure during the day and pointing to the 2600 and 2515 levels as the next major targets.Hence, more downside is expected in the upcoming trades considering that a breakout above 2640 will stop the current negative pressure and steer the price back to the major bullish trend.Expect today's trading range to be between 2605 support level and 2645 resistance level.Trend forecast: Bearish! Trading is dominated by sell order trades! Strategy: Sell: 2634-2637 TP:2620-2615-2610 SL:2645 (SL is set according to personal habits)

Hello everyone! Today i want to share some macro analysis with you!TECHNICAL: Gold prices opened today's trading in a distinctly positive stance close to the $2700 handle, reinforcing expectations for a continuation of the bullish trend on an intraday and short-term basis, and opening the way for the attainment of my next awaited target of 2710, the breach of which is key to continued gains to visit the recently recorded all-time high of 2790! $Gold - main 2412(GCmain)$ Therefore, the bullish trend will continue to be suggested for the next period of time and a break below 2665 will stop the bullish rally, push prices lower and test the major bullish trend line around 2628 before any new upside attempts.Expect today's trading range to be betwe

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2412(GCmain)$ Technical: Gold prices opened today's trading session with a clear upward move, close to testing the previously broken bullish trend line which now turns into a key resistance level at 2615, noting that the EMA50 meets this level adding more strength to it, while the stochastic indicator has clearly lost its positive momentum.These factors prompt us to suggest continuing the bearish corrective trend in the upcoming trading session, mainly waiting for a test of the 2513 support, noting that a break above 2615 will stop the negative scenario of the downtrend and lead the price back to the main bullish track again.Expect today's trading range to be be

Hello everyone! Today i want to share some macro analysis with you!1.Friday (8 November) in the Asian market, spot gold short-term sudden sharp fall, the gold price just fell below the 2700 U.S. dollars / ounce mark; the last trading day gold prices surged nearly 2%! Despite the strong rebound in gold prices on Thursday, gold's bullish potential remains limited.On Thursday, spot gold surged more than 47 U.S. dollars, the federal reserve interest rate cuts to the dollar and bond yields under pressure, and boost the investment attractiveness of non-interest-bearing gold.The fed announced on Thursday will benchmark interest rate cut 25 basis points to 4.50%-4.75%, for the second consecutive rate cut, in line with market expectations.For the pace of rate cuts, Fed Chairman Jerome Powell said t

Hello everyone! Today i want to share some macro analysis with u!1. $Gold - main 2412(GCmain)$ Thursday (31 October) Asian morning trading, spot gold high narrow oscillation, currently trading at 2787.36 ！Gold prices on Wednesday again refreshed record highs to $2,789.89 per ounce, as uncertainty over the U.S. presidential election boosted safe-haven demand, and traders are also waiting for economic data to provide clues to the Federal Reserve's policy path.However, the U.S. economy grew solidly in the third quarter, with consumer spending growing at its fastest pace in a year and a half and inflation slowing sharply, continuing to break recessionary forecasts; this gave support to U.S. bond yields, making gold bulls wary.

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2412(GCmain)$ Early Wednesday (30 October) Asian market, spot gold continued to rise, up to touch 2780 U.S. dollars / ounce, a new record high, October cumulative rise of nearly 150 U.S. dollars. The record high. Middle East tensions and U.S. election uncertainty to the gold price to provide upward momentum.Today's noteworthy data and events are:1. U.S. ADP employment for October;2. U.S. real personal consumption expenditures in the third quarter of the preliminary quarterly rate;3. the preliminary annualised quarterly rate of US real GDP for the third quarter;4. the preliminary annualised quarterly rate of the US core PCE price index for the third quarter;5. U.

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2412(GCmain)$ Technical: Gold price has managed to touch our first awaited target at $2745.00. Today's trading started with a slight bearish bias in the gold price, influenced by negative stochastic signals. It is expected that the gold price will continue its overall bullish bias in the coming period, with the next target located at $2770. It is important to take into account that once the gold price falls below $2,716.00, this will put additional bearish pressure on the gold price, in which case the gold price targets a test of the major bullish channel support line around 2659 before resuming its attempts to move higher.Gold prices will trade today between su

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2412(GCmain)$ Technical: Gold has managed to reach the first bullish target of $2,668 that I have been mentioning, with the next target looking towards all-time highs. It is expected to reach a new all-time high before the US market today! Gold price has successfully reached our first awaited target at $2668.00. The gold price started today's trading with a new bullish bias and attempted to break above the mentioned level, thus supporting the expectation of a continued uptrend in the intraday as well as in the short term. As a reminder, our next target for gold prices is the recent record high of $2,685.50. Looking at the 4-hour chart, the 50-period Exponential