# Gold finds renewed Asian bids and retests $5230 early Wednesday after the heavy sell-off on Tuesday.
# The US Dollar stands tall amid escalating Middle East tensions and reduced dovish Fed expectations.
# Gold defends $5000 or 50% Fibo level after facing rejection at the 78.6% Fibo resistance at $5342 amid bullish RSI.
# The US Dollar stands tall amid escalating Middle East tensions and reduced dovish Fed expectations.
# Gold defends $5000 or 50% Fibo level after facing rejection at the 78.6% Fibo resistance at $5342 amid bullish RSI.
JUST IN: 🇺🇸 White House officially nominates pro-Bitcoin Kevin Warsh to be the new Federal Reserve Chairman
# Gold builds on Wednesday’s rebound and reverts to $5200 again early Thursday.
# The US Dollar recovers modestly amid Middle East escalation
# 21-day SMA holds amid bullish RSI; a daily closing above 61.8%
# The US Dollar recovers modestly amid Middle East escalation
# 21-day SMA holds amid bullish RSI; a daily closing above 61.8%
Currently, the RSI is around 49, which indicates neutral momentum . This means the market is neither strongly bullish nor strongly bearish at the moment.
If gold breaks and holds above 5200, it could signal the start of a new bullish move toward 5230–5250. Conversely, if price breaks below 5145, it could open the path for a bearish move toward 5120 or even 5090
If gold breaks and holds above 5200, it could signal the start of a new bullish move toward 5230–5250. Conversely, if price breaks below 5145, it could open the path for a bearish move toward 5120 or even 5090
- Israel’s IDF says it has begun a “broad” wave of attacks on the Iranian capital Tehran
- US issues license to let India buy some Russian oil
- Trump says US continues to *totally demolish* Iran forces
- US issues license to let India buy some Russian oil
- Trump says US continues to *totally demolish* Iran forces
US Nonfarm Payrolls set to grow at moderate pace in February after stellar January
# Nonfarm Payrolls are expected to rise by 59K in February.
# The Unemployment Rate is seen holding steady at 4.3%.
# Employment data could lift volatility further while investors navigate through the Middle East crisis.
# Nonfarm Payrolls are expected to rise by 59K in February.
# The Unemployment Rate is seen holding steady at 4.3%.
# Employment data could lift volatility further while investors navigate through the Middle East crisis.
GOLD ANALYSIS ON H1 📊
More explanation down below.
Gold: Focus on Scalping
Watch out the 2 key areas.
Buy Area: 5180 – 5200
Sell Area: 5100 – 5080
Based on current price action, gold is still in a sideways range. We will focus on scalping first until the price breaks this sideways movement. ✍️
More explanation down below.
Gold: Focus on Scalping
Watch out the 2 key areas.
Buy Area: 5180 – 5200
Sell Area: 5100 – 5080
Based on current price action, gold is still in a sideways range. We will focus on scalping first until the price breaks this sideways movement. ✍️
Last trading day of the week and the premium channel closes another profitable setup 📈✅
Our members already have next week’s important levels and long-term prediction.
Don’t wait until Monday when the moves already start.
Want the same setups?
DM now 👉 @leocryptonian
More premium results coming soon 👀
Our members already have next week’s important levels and long-term prediction.
Don’t wait until Monday when the moves already start.
Want the same setups?
DM now 👉 @leocryptonian
More premium results coming soon 👀
BREAKING:
Iran has selected a new Supreme Leader after the death of Ali Khamenei, but the name is being kept secret for security reasons, according to ISNA
Iran has selected a new Supreme Leader after the death of Ali Khamenei, but the name is being kept secret for security reasons, according to ISNA
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