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$XAU/USD (XAUUSD.CFD)$ What platforms does everyone use for trading, any good platform recommendations?
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$XAU/USD (XAUUSD.CFD)$
XAUUSD H1
The latest minutes from the Fed's meeting announced yesterday show officials leaning towards a rate cut in September. Some officials believe that keeping rates unchanged could drag on economic activity amid continuing cooling inflation pressures. Additionally, some officials see increased risks in the job market. The market perceives a continued dovish stance. Meanwhile, the U.S. delayed the release of revised data on March nonfarm payrolls, showing an increase of 0.818 million new jobs in the past 12 months, further fueling market skepticism towards U.S. data manipulation. The market currently expects the Fed to start a series of three consecutive rate cuts from September, making gold more attractive. However, in terms of geopolitics, Gaza ceasefire negotiations are deadlocked, with little hope for progress at this week's Cairo meeting. Market attention remains focused on the Jackson Hole conference on Friday evening.
On the technical side, gold closed almost flat yesterday, testing the 2500 level again during the day. The price hit a new low of 2494 yesterday and the upward momentum weakened. Facing resistance at 2520 during the day, it is crucial to focus on the price trend near this level. In the short term, the price may continue to be suppressed, so pay attention to the retracement of gold.
Upper resistance level at 2520, second resistance level at 2525, third resistance level at 2530.
Lower support level at 2510, second support level at 2500, third support level at 2495.
This recommendation is for general guidance only...
XAUUSD H1
The latest minutes from the Fed's meeting announced yesterday show officials leaning towards a rate cut in September. Some officials believe that keeping rates unchanged could drag on economic activity amid continuing cooling inflation pressures. Additionally, some officials see increased risks in the job market. The market perceives a continued dovish stance. Meanwhile, the U.S. delayed the release of revised data on March nonfarm payrolls, showing an increase of 0.818 million new jobs in the past 12 months, further fueling market skepticism towards U.S. data manipulation. The market currently expects the Fed to start a series of three consecutive rate cuts from September, making gold more attractive. However, in terms of geopolitics, Gaza ceasefire negotiations are deadlocked, with little hope for progress at this week's Cairo meeting. Market attention remains focused on the Jackson Hole conference on Friday evening.
On the technical side, gold closed almost flat yesterday, testing the 2500 level again during the day. The price hit a new low of 2494 yesterday and the upward momentum weakened. Facing resistance at 2520 during the day, it is crucial to focus on the price trend near this level. In the short term, the price may continue to be suppressed, so pay attention to the retracement of gold.
Upper resistance level at 2520, second resistance level at 2525, third resistance level at 2530.
Lower support level at 2510, second support level at 2500, third support level at 2495.
This recommendation is for general guidance only...
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$XAU/USD (XAUUSD.CFD)$
just took a small position.... can go to sleep already
just took a small position.... can go to sleep already
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time to sleep! wait for the market tomorrow and fight again!
time to sleep! wait for the market tomorrow and fight again!
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$XAU/USD (XAUUSD.CFD)$
Gold's contracting triangle ideas. 6/August/24. XAUUSD as price evolving after time passed, it's becoming clearer that Gold most likely forming a contracting triangle as blue highlighted area. P/s 2430 is multi confluence zone of 1) Trendline (red) 2) POV 3) VVWAP (Blue MA) 4) 4H O.B
Gold's contracting triangle ideas. 6/August/24. XAUUSD as price evolving after time passed, it's becoming clearer that Gold most likely forming a contracting triangle as blue highlighted area. P/s 2430 is multi confluence zone of 1) Trendline (red) 2) POV 3) VVWAP (Blue MA) 4) 4H O.B
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$Bitcoin (BTC.CC)$ hitting to 20k soon get ready gear up
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103474391 : Octa pays relatively quickly.
103474391 lingxueer96 : Just keep entering, haha.