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On Tuesday, the price of gold remained relatively stable at around $1,920 per ounce as investors adopted a cautious stance in anticipation of crucial U.S. inflation reports that could impact the future trajectory of interest rates.The upcoming U.S. consumer inflation report is scheduled for release on Wednesday, followed by the producer inflation report on Thursday. The general expectation is that the Federal Reserve will keep interest rates unchanged at its next meeting, although there is a growing inclination toward another rate hike in November.Notably, gold has recently received support due to a weakening U.S. dollar. The Wall Street Journal reported over the weekend that Federal Reserve officials are becoming less certain about the necessity of further rate increases.In addition to the dollar's retreat, the Japanese yen gained ground against the greenback, prompted by remarks from Bank of Japan Governor Kazuo Ueda, hinting at a potential end to their negative interest rate policy. GOLD SELL LIMIT 1926 - 1928 🔽🔽🟢TP: 1923🟢TP: 1920🔴SL: 1932

In early Asian trading, gold is experiencing a slight decline, possibly due to a technical pullback. Gold prices showed strength overnight as the dominant dollar trade appeared to lose momentum, according to Edward Moya, an analyst at Oanda. Looking forward, Moya points out several potential catalysts for the week, such as the release of U.S. inflation and retail sales figures, the looming possibility of a United Auto Workers strike, and the European Central Bank's policy meeting, which could impact the dollar's standing. Currently, spot gold is trading 0.1% higher at $1,920.72 per ounce. XAUUSD BUY LIMIT 1921 - 1919 🔼🔼🟢TP1: 1925🟢TP2: 1930🔴SL: 1915Wait EntryOn Tuesday, gold prices maintained a steady stance as investors anticipated the release of U.S. inflation data, which could offer fresh insights into interest rate dynamics following the Federal Reserve's willingness to consider additional policy tightening.At 0306 GMT, the price of spot gold remained unchanged at $1,922.30 per ounce, while U.S. gold futures dipped slightly by 0.1% to $1,946.10.ENTRY BUYMarket conditions are expected to remain relatively calm until the release of the U.S. Consumer Price Index (CPI) data on Wednesday, which could offer insights into the future direction of U.S. interest rates following the Federal Reserve's widely anticipated pause next week.In August, Americans' general perceptions of inflation remained relatively stable, despite their expectations of increased prices for necessities like rent and food, according to a report from the New York Fed released on Monday.In a statement, J.P. Morgan analysts noted that when considering the broader context, gold prices have managed to maintain their resilience, even in the face of a multi-month trend featuring a stronger U.S. dollar and elevated U.S. long-term yields.

* The upcoming release of the August U.S. Consumer Price Index (CPI) on Wednesday holds the potential to influence the Federal Reserve's interest rate strategy for the remainder of the year.* In preparation for their scheduled policy-setting meeting later this month, Federal Reserve policymakers have articulated two key sentiments: They lack eagerness to raise interest rates, yet they remain cautious about declaring unequivocal success.* A Reuters survey of economists indicates that the European Central Bank is likely to maintain its current interest rates on September 14. However, a significant portion of respondents—just under half—anticipate an additional rate hike later in the year as a measure to combat inflation. GOLD SELL LIMIT 1924 - 1926 🟢TP1: 1921🟢TP2: 1917🔴SL: 1930

Gold prices had a solid start to the week on Monday, finding support in a weakening dollar. This gain came as investors eagerly anticipated the release of U.S. inflation data later in the week, which would provide insights into the Federal Reserve's future interest rate decisions.- The price of spot gold inched up by 0.1% to reach $1,919.52 per ounce as of 0105 GMT. However, it remained close to the one-week lows recorded on September 6. During the previous week, bullion had experienced a 1% decline. U.S. gold futures held steady at $1,943.- Concurrently, the U.S. dollar and 10-year bond yields saw a 0.2% decrease. This decline made non-yielding gold more appealing to international buyers. XAUUSD SELL LIMIT 1926 - 1928 🔽🔽🟢TP: 1923🟢TP: 1920🔴SL: 1932Wait for entry priceOn Monday, gold prices experienced an increase, buoyed by a decline in the value of the dollar, with investors eagerly anticipating U.S. inflation data that has the potential to shape the Federal Reserve's decisions regarding interest rates.ENTRY SELLSpot gold, denoted as GOLD, advanced by 0.3% to reach $1,922.89 per ounce as of 0313 GMT, following a 1% decline in the preceding week. Meanwhile, U.S. gold futures, also represented as GOLD, increased by 0.2% to reach $1,946.30.Matt Simpson, a senior analyst at City Index, suggests that if the U.S. dollar continues its downward trend on speculations that the Federal Reserve has concluded its tightening cycle and might consider rate cuts sooner than expected, gold is likely to find support above the $1,900 threshold.He mentioned that gold had received backing from its 200-day moving average, a significant technical level that is challenging to breach. He also noted that if U.S. inflation falls short of expectations, it could exert additional downward pressure on the U.S. dollar.A 0.3% decline was observed in both the U.S. dollar and the benchmark 10-year bond yields, rendering non-yielding bullion more appealing to international buyers.According to Tim Waterer, Chief Market Analyst at KCM Trade, "To once more target the $1,950 level, it is probable that the precious metal will need a retracement in yields."Nice XAUUSD

Gold held firm above the $1,920 per ounce mark on Friday, but it remained on course to conclude the week with losses, largely attributed to the latest data indicating a robust U.S. economy. This economic strength provides the Federal Reserve with room to maintain a stringent monetary policy stance or potentially increase interest rates.In the last week of August, new unemployment claims in the United States dropped to their lowest level in over six months. This development came as a surprise, as market expectations had anticipated only a modest increase and contradicted previous data that had hinted at some weakening in the labor market. GOLD SELL 1926 - 1928 🔽🔽🟢TP: 1923🟢TP: 1920🔴SL: 1932continue to increase

Gold prices have climbed in early Asian trading, buoyed by China's continued accumulation of the precious metal in its reserves. ANZ analysts note the robust central bank purchasing trend, highlighting China's consistent additions to its gold reserves for the tenth consecutive month. Official data released on Thursday revealed that China's gold reserves increased from 68.69 million ounces at the end of July to 69.62 million ounces in August. Nonetheless, the upward momentum in gold prices may face headwinds from the "strong US jobs data, which reinforces expectations of the Federal Reserve maintaining elevated interest rates," the analysts caution. Currently, spot gold is trading 0.1% higher at $1,920.72 per ounce.XAUUSD SELL 1926 - 1928 🔽🔽🟢TP: 1923🟢TP: 1920🔴SL: 1932Gold held firm above the $1,920 per ounce mark on Friday, but it remained on course to conclude the week with losses, largely attributed to the latest data indicating a robust U.S. economy. This economic strength provides the Federal Reserve with room to maintain a stringent monetary policy stance or potentially increase interest rates.Running +20pips 🤩🤩+30pips . Move SL to Entry ✅✅SELL AGAINIn the last week of August, new jobless claims in the United States dropped to their lowest point in over half a year, defying market expectations of a minor increase and conflicting with recent data indicating a potential labor market slowdown.Surprisingly, the ISM Services PMI in the United States surged to 54.5 in August, indicating the most robust growth in the services sector in half a year and significantly surpassing the anticipated value of 52.5.As a result, market observers are beginning to anticipate a more hawkish stance from the Federal Reserve in its upcoming meeting, potentially signaling a forthcoming interest rate hike.NICE XAUUSDStill in the SIDEWAY price range

Gold ended Wednesday with a decline, driven by a surge in the dollar and bond yields following the release of another economic report surpassing expectations. The December delivery of gold closed down by $8.40, settling at $1,944.20 per ounce.This dip occurred as both the dollar and bond yields experienced an uptick after the August ISM Services Purchasing Managers Index (PMI) for the United States exceeded the consensus estimate, reaching 54.5, as reported by MarketWatch, indicating growth in the sector.In response to the report, the ICE dollar index experienced a sharp increase, peaking at 105.2 before retracing slightly. It was last observed up by 0.04 points, at 104.84.Concurrently, Treasury yields saw an uptick following the PMI release, which is typically unfavorable for gold due to its lack of interest-bearing characteristics. The yield on the US two-year note was last reported at 5.05%, up by 9.2 basis points, while the 10-year note yield increased by 3.9 basis points to 4.298%. GOLD SELL LIMIT 1921 - 1923 🔽🔽🟢TP1: 1917🟢TP2: 1914🔴SL: 1928

In the early Asian trading session, gold remains stable, having pulled back overnight due to the increase in U.S. Treasury yields. Bond yields, which move in the opposite direction of both bond prices and precious metals, exerted downward pressure on gold. Furthermore, the release of fresh data overnight indicating a strengthening U.S. economy has heightened expectations of further tightening by the Federal Reserve. This has raised the possibility of the Fed maintaining higher interest rates for an extended period, which is likely to exert downward pressure on the price of gold, as noted by analysts at ANZ. As a result, spot gold is currently showing minimal movement, trading at $1,916.29 per ounce.XAUUSD SELL LIMIT 1922 - 1924 🔽🔽🟢TP1: 1918🟢TP2: 1914🔴SL: 1928Running Entry SellGold hovered near a one-week low on Thursday, continuing its five-day streak of declines. Meanwhile, the dollar remained at its highest level since mid-March, driven by data indicating an unexpected strengthening of the U.S. services sector in August.* Spot gold (GOLD) inched up by 0.1% to reach $1,917.99 per ounce as of 0120 GMT, marking its lowest point since August 29th. Meanwhile, U.S. gold futures (GOLD) declined by 0.1%, settling at $1,942.20.Gold prices remained close to a one-week low on Thursday after experiencing five consecutive sessions of declines. This downward trend coincided with the dollar maintaining its position at mid-March highs, driven by unexpected growth in the U.S. services sector in August.XAUUSD SCALP BUY 1919 - 1917 🔼🔼🟢TP1: 1922🔴SL: 1915Spot gold (GOLD) remained stable at $1,919.68 per ounce as of 0410 GMT, but continued to linger near its lowest point since August 29th, which it reached in the previous session. Meanwhile, U.S. gold futures (GOLD) maintained their position at $1,944.00.The U.S. dollar sat at its highest level since March 16, while the benchmark U.S. Treasury yield saw an increase following the release of robust U.S. services sector data on Wednesday. This data suggested that inflationary pressures are still present.On Thursday, gold remained under $1,920 per ounce, maintaining recent losses and encountering pressure from a surging dollar due to unexpectedly robust U.S. services sector data, which amplified concerns about inflation and potential interest rate hikes.On Wednesday, Boston Fed President Susan Collins emphasized the importance of the U.S. central bank proceeding cautiously with its next monetary policy moves, even as she acknowledged indications of progress in curbing inflation.According to a Federal Reserve report released on Wednesday, U.S. economic growth remained moderate in July and August, coinciding with a cooling labor market and decreasing inflationary pressures.BUY SCALP +30pips . Move SL to Entry 📣📣Good XAUUSD

On Wednesday, gold remained below the $1,930 per ounce mark, facing downward pressure from a robust dollar driven by increased global economic uncertainties that heightened safe-haven demand for the U.S. currency.Furthermore, rising Treasury yields continued to exert pressure on the precious metal as investors assessed the probable direction of U.S. monetary policy.Federal Reserve Governor Christopher Waller stated that the most recent set of economic data has afforded the U.S. central bank some flexibility in determining whether additional interest rate hikes are necessary to manage inflation.Nevertheless, gold prices stayed near one-month highs, bolstered by easing inflation and soft job market data in the United States, raising optimism that the Federal Reserve might conclude its tightening measures for the year.Market sentiment suggests that the Federal Reserve is likely to maintain interest rates unchanged in September, with an increasing likelihood of no further rate hikes this year. GOLD SELL LIMIT 1927 - 1929 💯💯✅ TP1: 1922✅ TP2: 1917🛑 SL: 1934Nice HIT ALL TP

Perth Mint reported that its gold and silver product sales in August hit their lowest point since February 2020. This decline was attributed to a persistently weak demand for these precious metals, influenced by a stronger U.S. dollar and elevated yields.During the past month, the sales of gold coins and minted bars amounted to 34,875 ounces, marking a decrease from July's figure of 44,009 ounces. This represents a significant drop of approximately 59% when compared to the same period last year.In the case of silver products, August witnessed sales at a level not seen in over three years, with only 792,503 ounces sold. This figure indicates an 8% decline on a monthly basis and a substantial 52% decrease when measured against the previous year.Neil Vance, the general manager for minted products, commented, "In the United States, our distributors continue to observe a slowdown in the demand for both gold and silver, compared to the heightened levels experienced during the pandemic." XAUUSD SELL LIMIT 1928 - 1930 💯💯✅ TP1: 1923✅ TP2: 1918🛑 SL: 1934On Wednesday, gold declined to its lowest level in one week, extending its losses after registering its most significant intraday drop in a month during the previous session. This drop was attributed to the rise in U.S. Treasury yields and the strengthening of the dollar, driven by the anticipation of continued high interest rates.Spot gold, trading under the symbol GOLD, remained muted at $1,924.41 per ounce as of 0058 GMT, following its most significant daily decline since August 1st on Tuesday. Meanwhile, U.S. gold futures, also represented as GOLD, saw a 0.1% drop to $1,949.80.During the previous session, the U.S. dollar surged to nearly a six-month peak against a basket of currencies, concurrent with benchmark 10-year bond yields reaching their highest point in more than a week. This development curbed enthusiasm for gold.Federal Reserve Governor Christopher Waller noted that the recent stream of economic data was providing the U.S. central bank with room to assess whether further interest rate hikes are warranted.Running +20Pips✅✅On Wednesday, gold remained under $1,930 per ounce due to the strength of the U.S. dollar, driven by increased global economic uncertainties that led to higher demand for the safe-haven currency.Nice HIT ALL TP