CatalystEdge

Scalping on XAU (Gold) due to its recent volatility and short-term bullish signals. The current market conditions indicate potential quick profit opportunities through rapid, small-scale trades. Target entry: (refer BOX). Stop-loss set at (own preferences).

Due to its strong fundamentals and recent bullish momentum. With ongoing network upgrades, increasing adoption of its blockchain technology, and a robust ecosystem of decentralized applications (dApps), SOL is well-positioned for significant growth. Target entry: $10X.XX, with a short-term target price of $170.XX, reflecting a potential gain of 60%.

Gold gained traction and turned positive on the day above $1,920 after falling toward $1,910 earlier in the day. The benchmark 10-year US Treasury bond yield holds above 4.7% ahead of US data, making it difficult for XAU/USD to gather bullish momentum.Next support on 1877R/R ratio 1:5

According to the most recent Fed Fund Futures probabilities, US interest rates have a 40% chance of being raised to 550-575 this year in either November or December. As expected, headline and core inflation will diverge.

The US dollar is flat as Jerome Powell provides no fresh important information. The DXY Currency Index support breakout has been unimpressive thus far, and the Australian dollar is now looking ahead to the local monthly inflation indicator.

Slide to my previous Ideas. GOLD prices still projected to the downside as Fed's denial on interest cut for this year 2023.Here are the refinementPrice reacted previous level and continue to the upside. Here is the next resistance potential to continue traded to the southRefer to my new idea on GOLD price. As of 11th Jan 2023.

Expecting on bearish for 2023. Prices will slightly traded higher in the meantime since weakened in USD (refer DXY).

Please consult from my previous analysis.Bearish trend on weekly basis still in effect.

Expected on short term gain (retracement). My POV's still on bearish trend.Refer to my previous post on BTC forecast.

Expected to bottom out 11,000$.If price fluctuates lower within this price expectation in aggressive mode, potentially will see more depreciate in value.