Gold price (XAU/USD) rallied to over a three-week high, around the $1,932-1,933 area on Friday in the wake of the intensifying Israel-Hamas conflict, which forced investors to take refuge in traditional safe-haven assets. Apart from this, expectations that the Federal Reserve (Fed) is nearing the end of its rate-hiking cycle provided an additional boost to the non-yielding yellow metal.
Bulls, however, struggled to capitalize on the momentum beyond a technically significant 200-day Simple Moving Average (SMA). This, along with elevated US Treasury bond yields, prompts some profit-taking around the Gold price on the first day of a new week. The XAU/USD extends its steady descent through the European session, albeit manages to hold above the $1,900 mark amid a subdued US Dollar (USD) price action. A softer Greenback tends to benefit US Dollar-denominated
commodities, including the XAU/USD.
Xauusd Buy : 1918
Tp. : 1930
Tp. : 1940
Tp. : 1950
SL. : 1900
Bulls, however, struggled to capitalize on the momentum beyond a technically significant 200-day Simple Moving Average (SMA). This, along with elevated US Treasury bond yields, prompts some profit-taking around the Gold price on the first day of a new week. The XAU/USD extends its steady descent through the European session, albeit manages to hold above the $1,900 mark amid a subdued US Dollar (USD) price action. A softer Greenback tends to benefit US Dollar-denominated
commodities, including the XAU/USD.
Xauusd Buy : 1918
Tp. : 1930
Tp. : 1940
Tp. : 1950
SL. : 1900
Comentário:
Gold buy 10 pips running
Comentário:
Gold buy 20 pips running
Comentário:
Gold buy 30 pips running
Comentário:
Gold buy 40 pips running
Comentário:
Confirm my signal
Comentário:
Follow my chart
Comentário:
Gold buy signal
Comentário:
Xauusd
Comentário:
Follow me
Comentário:
Hello everyone
Comentário:
Xauusd
Comentário:
Follow my chart
Comentário:
Gold buy signal
Comentário:
Target 1 hit 120 pips done ✅
Comentário:
Gold buy 130 pips running
Comentário:
Confirm my signal
Comentário:
Xauusd
Comentário:
Follow my chart
Comentário:
Gold buy
Comentário:
Target 2 hit 220 pips done ✅
Comentário:
Confirm my signal
Comentário:
Follow me