Will Gold Set for New Highs or Continue to Pullback?

Gold hit a new all-time high to $2448 on 12th April and then retraced. Goldman Sachs says gold is in a bull market and gives a target price of $2700 by the year end. -------------------- Will Gold continue to hit new highs amid geopolitical conflicts?

GOLD: What's Going on after CPI Report?

Hello everyone! Today I want to share some macro information and analysis with you!1. $XAU/USD(XAUUSD.FOREX)$ technical retracement ahead of CPI data.2360 formed effective support! Suggested option to close sell orders around 2360! The probability is that the US April unquartered core CPI annual rate will be favourable for gold to rise! Wait with short positions ahead of the data! In any case, risk control comes first! Image2.CPI was lower than expected, USD fell and XAUUSD violently pulled up! In line with the expected trend!Image3. $Gold - main 2406(GCmain)$ H4 trend, the formation of double top pressure, is expected in the short term 2380 is difficult to break out! Sell orders are profitabl
GOLD: What's Going on after CPI Report?

Macro Analysis for GOLD!

Hello everyone! Today I want to share some macro analysis with you!1.Ongoing Federal Reserve Chairman Powell and ECB Governing Councilor Nauert participated in a conference together and delivered a speech, Federal Reserve Chairman Powell: does not believe that the next move may be a rate hike, and is more likely to keep the policy rate at the current level. Investors can pay attention to!. $Cboe Volatility Index(VIX)$ $S&P 500(.SPX)$ 2.Today's important data will be released: the U.S. annual rate of April unquartered CPI, the U.S. monthly rate of April quarterly CPI and the U.S. monthly rate of April retail sales! It is expected that before the release of this important data, XAUUSD will be in the Asia
Macro Analysis for GOLD!

Macro Analysis for GOLD

Outlook for this week: international gold / London gold opening early market participants are fewer, the trend of narrow fluctuations, the power of the many slowed down, in addition, the dollar index intraday short-term 1 hour walk disk has stopped falling back up tendency, is to limit the power of the gold price rebound, however;   $XAU/USD(XAUUSD.FOREX)$ $Gold - main 2406(GCmain)$  The dollar index daily chart is still running below the middle rail line, Bollinger band tends to move down, with chart indicators MACD also maintain the development of short signal, suggesting that the short term will still be biased towards the fall mainly, and will support gold prices, weekly chart rebound did
Macro Analysis for GOLD

Analysis for Gold Trend

Hello everyone!Today i want to share some macro strategies with you!1. Gold news analysis: $Gold - main 2406(GCmain)$ Friday (May 10) in the U.S. market, with the intensification of geopolitical tensions in Gaza to consolidate the safe-haven appeal of the precious metal, as well as recent data to raise concerns about the U.S. labor market, sparking speculation that the Federal Reserve may cut interest rates earlier than previously expected, the price of gold rose, the plate was close to 2,380, the European Central Bank virtually guaranteed that it would cut interest rates in June, the Australian Reserve Bank also made a decision to keep rates steady at its last meeting with dovish comments. In addition, Israel strikes east of Rafah, the ceasef
Analysis for Gold Trend
avatarTiger V
05-10

Gold Shines Amid Economic Data and Geopolitical Tensions

Overview: Gold prices experienced a notable increase, rising by 1% on Friday and positioning for their best week since early April. U.S. economic data, particularly concerning unemployment claims, boosted expectations of an interest rate cut from the Federal Reserve, lending support to gold prices. 1. Gold Prices Surge: Spot gold prices rose to $2,369.35 per ounce, marking the highest level in over two weeks. The price rise was also reflected in U.S. gold futures, which increased by 1.5% to $2,375.60. The week's overall gain for gold was around 3%. 2. Influence of Economic Data: The increase in gold prices was attributed to softer U.S. economic data, including a higher-than-expected rise in initial jobless claims. This data, combined with earlier weaker nonfarm payrolls figures, suggests
Gold Shines Amid Economic Data and Geopolitical Tensions

Marco Analysis for GOLD

Hello everyone! Today I want to share some macro information with you!1. $XAU/USD(XAUUSD.FOREX)$ touches pressure near 2320 again, continues to maintain downward trend!Image2.Sell orders at 2315-18 managed to reach TP,and touched 2303 support, in line with my strategy for Asian markets! I task Gold to fall further today and will fall below 2300! $Gold - main 2406(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ ImageFollow me to learn more about analysis!!https://twitter.com/TradersXauusd
Marco Analysis for GOLD

GOLD: What's Going on Next?

Last trading day Tuesday (May 7): international gold / London gold rebound power slowed down, encountered obstacles to the performance of the closing, did not further rise to break through the pressure of the middle rail line, suggesting that the short side is still dominant, the trend is still biased towards shock pressure to be expected to fall back prospect.   Specific trend, the gold price since the Asian market opened at 2324.21 U.S. dollars / ounce, in a brief continuation of the recovery force first strong, at 9 o'clock in the session recorded an intraday high of 2329.82 U.S. dollars, was blocked back down, continue to soften, has continued to the end of the European session touched the intraday low of 2309.88 U.S. dollars, and after that is bottoming out, after the U.S. disk open,
GOLD: What's Going on Next?
avatarJuMP
05-06
I believe investing in physical gold is a prudent decision because it possesses a stable value and is universally recognized as a form of curency.
avatarhinda
05-05
who is buying physical gold soon?
All precious metals will reach record highs ! Levels never seen before ! And we will no doubt go back to a gold standard with digital currency being backed by gold and silver !
avatarSTLoke
05-04
$SPDR Gold Shares(GLD)$  $Barrick Gold Corp(GOLD)$   A pullback is expected before marching towards $3k by the end of the year

Why Invest In SPDR Gold Shares (GLD) Now From Bond Yield Real Interest Rates Relationship.

After Fed Chair has commented that rate hike might not be in the horizon, and we saw oil futures and the yield on the 10-year Treasury note were lower. Gold prices rose. The U.S. dollar lost ground to the euro and yen, but gained versus the pound. Most major cryptocurrencies traded lower. But what I would like to discuss in this article is how bond yields and gold are related and how we can plan our investing and trading strategy around it. Bond Yields and Gold Positive Relationship Not Confirmed? If we were to take a look the relationship between Gold and the bond market, there is not really confirmation of a positive relationship. The chart below presents the price of gold and the 10-year Treasuries (we took the yields and inverted them). As one can see, the price of gold was rising
Why Invest In SPDR Gold Shares (GLD) Now From Bond Yield Real Interest Rates Relationship.

Will the Yen Continue Sliding Further in 2024?

The foreign exchange market has been calm in the past few years. The large shock mode of the the US Dollar Index has caused most currencies to trade in a range mode. However, there are also outliers among them. The yen continues to fall and set a new historical low, but it is still not intervened by the central bank. What is the reason behind allowing the yen to fall?From the trend of the yen in CME group, it can be seen that the historic low has been moving down in the past few months, which also includes the macro environment where the Bank of Japan has begun to tighten. Looking forward, the Bank of Japan also briefly intervened in the foreign exchange market in 2022-2023, but the intensity was relatively limited, and the yen also rebounded slightly before sinking again.Obviously, from t
Will the Yen Continue Sliding Further in 2024?

Gold price down more than 2%, correction has just begun

Last week, under the news that the conflict in the Middle East eased, gold and silver bulls showed signs of cashing in profits, which triggered a sharp correction in gold and silver prices. The 5-day moving average tracking is very effective. After the "squeeze" trend of gold prices, falling below the 5-day moving average will often trigger a relatively large correction, and the correction is started by a single-day sharp drop, so last week's decline is very close to the previous trend, and it will break through 2450 again It takes a longer time to accumulate energy and cooperate with the news. The current gold and silver prices have entered a turbulent mode. Of course, turmoil is not a bad thing, especially for silver prices. After the turmoil falls, it will be a good time to enter the ma
Gold price down more than 2%, correction has just begun

GOLD: What's Going on Next?

Hello everyone! Today i want to share some macro information with you!1.Gold continues to remain wide on Monday! Strong resistance exists near 2342, and the sell-single signal was successfully profitable!The trading day of April is coming to an end, and tomorrow is the last trading day of the month!Closing monthly market fluctuations will be great, this week will be a super data week! $Gold - main 2406(GCmain)$ImageFollow me to learn more about analysis!!https://twitter.com/TradersXauusd
GOLD: What's Going on Next?
$iShares Silver Trust(SLV)$  SILVER A break above $30 and this gets very interesting. $42 is the target then.
Go for gold and you can't go wrong 

Will Japanese Yen depreciate further?

As the Japanese yen exchange rate hit 160 in the early morning of April 29, marking a new low not seen in over 34 years, the Bank of Japan may have started to take action. Since April 29 is not a trading day in Japan (Showa Day), trading was relatively thin, resulting in larger intraday volatility. $iShares MSCI Japan ETF(EWJ)$ $Japanese Yen - main 2406(JPYmain)$ $Invesco CurrencyShares Japanese Yen Trust(FXY)$ What are the impacts of the yen's depreciation?Depreciation FactorsMonetary Policy Unchanged: The Bank of Japan decided at its March meeting to maintain the current bond purchase scale without announcing a reduction in bond purchases. This indicates tha
Will Japanese Yen depreciate further?
US small bank cash reserves plummeted by $258 billion last week below the level considered a constraint, according to ZeroHedge. This excludes a $126 billion still sitting at the Fed’s emergency lending program that expired in March. It marked the largest decline in bank deposits since April 2022 when $336 billion came out of the banking system. Meanwhile, US regulators have seized Republic First Bank on Friday and agreed to sell it to Fulton Bank, another regional bank with $6 billion in total assets. The FDIC projects the failure will cost the fund around $667 million. The regional bank crisis appears to be far from over.

GL_F: What's Going on Next?

Hello everyone! Today I want to share some macro analysis with you! Hope it can help you!1.Friday (April 26) gold prices rose significantly. However, the current market generally tends to be bearish on the outlook for gold, with the main concern being that inflation could trigger monetary tightening if it is not effectively controlled. The gold market is at risk of its first weekly decline in six weeks, a trend that reflects easing market sentiment and a shift in expectations for U.S. monetary policy. At the same time, recent economic data releases in the United States are showing mixed signals and increasing market volatility. $Gold - main 2406(GCmain)$ On the one hand, the data showed a sharp slowdown in economic growth, which usually suppor
GL_F: What's Going on Next?