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
Not
Gold buy 10 pips runningNot
Gold buy 20 pips runningNot
Gold buy 30 pips runningNot
Gold buy 40 pips runningNot
Confirm my signalNot
Follow my chartNot
Gold buy signalNot
XauusdNot
Follow meNot
Hello everyoneNot
XauusdNot
Follow my chartNot
Gold buy signalNot
Target 1 hit 120 pips done ✅Not
Gold buy 130 pips runningNot
Confirm my signalNot
XauusdNot
Follow my chartNot
Gold buyNot
Target 2 hit 220 pips done ✅Not
Confirm my signalNot
Follow meFeragatname
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.