Doolz-Lebanese

Gold Price Decline_______The price of gold declined from approximately $2,180 on Friday, experiencing consecutive sessions of losses as investors' expectations for the start of the US Federal Reserve's easing cycle were delayed due to robust US economic data.Fed Chair's Statement_______The higher-than-anticipated inflation numbers support Fed Chair Jerome Powell's statement to exercise patience and maintain the current monetary policy approach until the disinflation process progresses.Current Gold Price_______Currently, the XAU/USD is trading at $2,157.66, reflecting a 0.20% decrease.

Hello Friends,Duo to SK system, everything is being drawn perfectly.The price is now set at the golden zone as shown in the chart, its expected for gold to raise duo to the global economic prospects, geopolitical tensions, and shifting expectations towards earlier interest rateAs per my perspective, there are two areas to buy gold.Zone 1:From the golden zone at the current price with an SL at $ 2,120 to reach TP $ 2,170.Zone 2: "More Recommended"After crossing the current highest resistance price $ 2,140 to a TP $ 2,170 and SL $ 2,125.Those are a bit long trades, but with the fast movement that is occurring to gold. This price could be achieved within the upcoming days "if" the pattern continues as expected.If you liked my analysis, please share and boost.After closing above the area of 2141-2143.The trade have been activated. Good luck for every one Waiting TP: 2,170The power of SK system.

Parallel lines are lines in the same plane that go in the same direction and never intersect. When a third line, called a transversal, crosses these parallel lines, it creates angles. Some angles are equal, like vertical angles (opposite angles) and corresponding angles (same position at each intersection).Gold price continues to increase strongly above the $2,120 area, the next expected level is $2,150Geometry always works :)The Power of Geometry :)

Nothing to say, just clear. Just work and study to get your real benefits. Don't follow anyone signals.

Gold Price and US Dollar Recovery• Gold (XAU/USD) price remains steady at $2,045 during Asian session.• US Personal Consumption Expenditures (PCE) Price Index shows lowest annual inflation in three years.• Potential future interest rate cut by the Federal Reserve.• US Dollar's recovery from 200-day SMA supported by the precious metal.• FOMC members indicate no rush to lower interest rates.• Investors expect Fed to wait for June policy meeting before borrowing cost changes.• Bullish sentiment in global equity markets deters new bullish bets on XAU/USD pair.

After the context of unstable US economic data, bad for the dollar, good for Gold. Gold prices continue to be supported moving towards higher price ranges and crossed the wedge pattern.Check my analysis for better trading.🔥SELL GOLD zone: $2048 - $2050 TP1: $2044TP2: $2038TP3: $2031SL $2055

I see that Gold prices are stable at $2,030 with 0.17% increase after US economic growth announcement. US Treasury bond yield decline maintains gold value near monthly and weekly highs but limited by the 50-day SMA.Wall Street indices mostly stable, some slight decrease. In Q4 of 2023 GDP growth slightly below consensus. Retail and Wholesale Inventories are mixed. Fed Regional Presidents Collins and Williams reiterated potential for looser monetary policies later in the year, noting core inflation rate below 2% goal.Technically everything is reasonable for BUY orders.Below scenario will work :)Buy @ 2028TP: 2036SL: 2022TP Hit :)

Greetings, dear friends! Let's dive into today's gold price trends together!As anticipated, gold continues its subdued trading, still unable to break through the resistance level of $2035. However, it's holding steady, elegantly navigating within a price wedge pattern. We stand at a crossroads, awaiting pivotal market news that could swing the pendulum in one of two directions:Scenario one: Gold breaks free from the wedge, descending towards the support level at $2017.Scenario two: Gold surmounts the $2035 resistance, aiming for the current bullish expectation at $2050.I'm leaning towards scenario two with high anticipation. What about you?BUY @ 2025-2026TP 1: 2030TP 2: 2035SL :2022Now AgainSell @ 2033-2034TP 1: 2025TP 2: 2018SL 2038

Hello :)Based on my analysis Gold price retreats after reaching 50-day Simple Moving Average , mixed sentiment prevails• Gold price pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session, currently down by 0.40% due to a decline in the value of the US Dollar (USD).• The drop in gold prices is also attributed to an increase in the US 10-year Treasury yield and reduced expectations of a dovish stance from the US Federal Reserve (Fed).• Although sentiment remains mixed, there is a slight negative bias favoring the US Dollar, with speculators pricing out the possibility of a rate cut by the Fed in March and May.• Gold price continues in an uptrend according to the H1 Frame, with potential resistance areas to watch for in the rising wave.Long term trade:Buy @ 2042 TP 1: 2046TP 2: 2056TP 3: 2060SL : 2030

Gold Price Analysis for the Week of 26/2 - 1/3/2024• Gold price is expected to end the week positively due to decreasing US Treasury bond yields and lack of significant news.• The XAU/USD is currently trading at $2,038, showing a 0.70% increase.• Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above it.• Based on technical analysis, NOVA identifies key resistance at $2050 and support at $2030, $2016, and $2000.