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.
GOLD BUY : 1914
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.
GOLD BUY : 1914
TP. : 1930
TP. : 1940
TP. : 1950
SL. : 1900
Not
10 Pips Running Enjoy ✅💯Not
20 Pips Running Enjoy 💥💥Not
30 Pips Done NicelyNot
Confirm Target 🎯Not
35 Pips Enjoy Big ProfitNot
Follow My Chart 📉📈Not
Confirm Buy Target 🎯Not
40 Pips Running Amazing 😍😍Not
Need Your Some SupportNot
Confirm Chart 📉📈Not
Running Good ProfitNot
Support Us Need Your Some SupportNot
Confirm AnalysisNot
Need Some SupportNot
Hold on it Will Go Highly UpNot
Follow My Chart 📉📈Not
100 Pips Done NicelyNot
Confirm Target 🎯🎯Not
Need Your Big Big SupportNot
Running Amazing ProfitNot
Confirm Target 🎯🎯🎯🎯Not
Support Us 💯💯Not
Hold on It Will Fly Highly UpNot
Follow Us Need Your Some Supportİşlem kapandı: hedefe ulaştı
360 Pips Target Done Enjoy ✅💯
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.