Gold is consolidating after a ‘higher for longer’ interest rates Fed’s policy
Gold dropped from 1945-1947 to 1913-1915 after the Sep 20 FOMC Meeting Minutes. Gold is consolidating from 1921 to 1929 to wait for the market … Read More
Gold down trend and FOMC Meeting on Sep 20, 2023
Gold down trend was ended around 1901-1903 when gold failed to break the 1901-1903 after good U.S Retail Sale report last Thursday. Gold is testing … Read More
The 1885-1886 Gold Support Zone and the Fed Hawkish Concern
Gold made a spike to 1946-1948 from 1931-1933 after soft U.S NFP report on Aug 4, 2023. But gold was sold off heavily the next … Read More
Gold Trend and FOMC Meeting Minutes on July 26, 2023
Gold was sold off from 2055-2060 to 1895-1900, but it failed to break the 1895-1900 and it has been making a correction to 1983-1986 on … Read More
Gold trend and the 1961-1963 resistant zone
Gold broke the 1936-1939 and it has gone up to test the 1961-1963 zone several times on July 13, 14, 2023. Using the Gold H4 … Read More
USD Index and Gold Trend
The USD Dollar Index has been sold off from 103.50 to 98.80 because U.S inflation has been cooling down and gold investors are expecting the … Read More
Gold and U.S Dollar Index after a discouraging NFP release
The U.S Dollar was sold off heavily from 103.00 to 102.00 after a worse than expected NFP report. The price action of the U.S Dollar … Read More
Is Gold making a reversal after failing to break the 1895-1900?
Gold was sold off around 1933-1938 to 1895-1900 last week, but it was able to trade above the 1900 level on Friday, June 30 last … Read More
Gold has been sold off because of hawkish Fed
Gold has been sold off from 1956-1958 to 1911-1913 because the market has predicted a hawkish Fed policy. Mr. Powell testifies on June 21, 22 … Read More
Gold is consolidating after better than expected U.S NFP and softer ISM data
Gold was sold off from 1976-1978 after good U.S NFP because the US Dollar and Yield went up. However, gold could not break the 1940-1941 … Read More