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XAUUSD BUY: 1666.62
SL: 1661.50
TP: 1667.50
TP: 1670.00
SL: 1661.50
TP: 1667.50
TP: 1670.00
Forwarded from BLUE SIGNALS (VIP)
GBPUSD BUY: 1.12619
SL: 1.12250
TP: 1.12750
TP: 1.12850
Want to succeed in Forex?
Use proper Money Management
SL: 1.12250
TP: 1.12750
TP: 1.12850
Want to succeed in Forex?
Use proper Money Management
Forwarded from BLUE SIGNALS (VIP)
Gold Recovers to Trade Above $1,660 – Quick Technical Outlook
On Friday, the precious metal gold is trading slightly bullish near the $1,668 level after falling previously as a result of the week’s main event, the US Consumer Price Index. The yellow metal GOLD has dropped to $1,645 after reaching a high of $1,682.49. The 28th of September saw a low of $1,614.
The US dollar, as measured by the DXY index, has risen to 113.888 from a low of 112.69. US yields have also risen, with the 10-year Treasury yield reaching 4.09%. Stronger-than-expected US inflation figures for both the core and headline measures are not viewed favorably by the Federal Reserve or the US economy.
Short-term interest-rate speculators in the United States believe the Fed will raise interest rates by 100 basis points in November, up from zero before the CPI report. As a result of the higher-than-expected inflation report, US Dow futures fell more than 350 points.
On Friday, the precious metal gold is trading slightly bullish near the $1,668 level after falling previously as a result of the week’s main event, the US Consumer Price Index. The yellow metal GOLD has dropped to $1,645 after reaching a high of $1,682.49. The 28th of September saw a low of $1,614.
The US dollar, as measured by the DXY index, has risen to 113.888 from a low of 112.69. US yields have also risen, with the 10-year Treasury yield reaching 4.09%. Stronger-than-expected US inflation figures for both the core and headline measures are not viewed favorably by the Federal Reserve or the US economy.
Short-term interest-rate speculators in the United States believe the Fed will raise interest rates by 100 basis points in November, up from zero before the CPI report. As a result of the higher-than-expected inflation report, US Dow futures fell more than 350 points.
Forwarded from BLUE SIGNALS (VIP)
Meanwhile, further statistics from the United States will be released later today, including US Retail Sales. Spending was most likely bolstered by a rise in auto sales and the first increase in gasoline station sales in three months. Importantly, control group sales are expected to have remained modest, while restaurant sales are likely to have slowed to a crawl after a 1.1% increase in August.
•Gold Technical Outlook
After yesterday’s volatile trading, the gold price settles around $1,670, with stochastic losing its positive momentum and the EMA 50 continuing to pound negatively on the price. As a result of these factors, we continue to suggest a bearish trend for the upcoming period.
The price needs to break $1,670 to strengthen the chances of rallying towards our extended target of $1,630. The continuation of the bearish wave is dependent on price stability below 1686.40.
Today’s trading range is likely to be between $1,640 support and $1,680 resistance.
Today’s projected trend: Bearish under $1,680.
•Gold Technical Outlook
After yesterday’s volatile trading, the gold price settles around $1,670, with stochastic losing its positive momentum and the EMA 50 continuing to pound negatively on the price. As a result of these factors, we continue to suggest a bearish trend for the upcoming period.
The price needs to break $1,670 to strengthen the chances of rallying towards our extended target of $1,630. The continuation of the bearish wave is dependent on price stability below 1686.40.
Today’s trading range is likely to be between $1,640 support and $1,680 resistance.
Today’s projected trend: Bearish under $1,680.
BLUE SIGNALS (VIP)
XAUUSD BUY: 1666.62 SL: 1661.50 TP: 1667.50 TP: 1670.00
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Forwarded from BLUE SIGNALS (VIP)
NZDJPY SELL: 83.093
SL: 83.901
TP: 82.901
TP: 82.601
SL: 83.901
TP: 82.901
TP: 82.601
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The world’s largest Financial Market will reopen in few hours and we are ready to make serious profit this week ✅ 💰
For the newbies,This is still your best chance to get involved and start earning too.
Whether you’re investing your money with us and letting us trade for you.
Or
you derive pleasure in taking your own trades and being in charge of your profits with our accurate and high probability signals on the premium channel..
The Place is Here and the time is Now!
Contact @Tinsley_Scott
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