Charlie_Trend

Charlie_Trend Updated 

Hello ladies and gentlemen 👻Gold continues to rise as predicted currently trading at 1882 USD. The main reason is that last night's news made the USD cool down, causing them to return to a defensive level. A little technical analysis 👻Gold is being challenged near the 1888 USD area (resistance level). It is likely that after achieving a good increase, Gold will...

Charlie_Trend Updated 

Dear ladies and gentlemen The uptrend of GBPUSD is becoming increasingly clear. Waiting for the 1.22700 zone we can make a Scalping signal. GBP/USD holds above 1.2300 ahead of UK economic data. Currently, it does not have a major impact on GBP fluctuations. Tonight's US CPI data is likely to make GBP continue to rise and break the above resistance.

Charlie_Trend Updated 

OANDA:XAUUSD The Gold price is experiencing an upward trend for the third day in a row due to various factors. The safe-haven XAU/USD is benefiting from a decrease in risk, which is leading to a slight decline in the US Dollar. Traders are closely monitoring upcoming data releases and central bank events this week, as they may provide new insights and...

Charlie_Trend Updated 

OANDA:XAUUSD The price of gold is currently moving in a lateral direction, hovering around the $1,930 mark. Traders are anticipating that the Federal Reserve (Fed) will maintain interest rates at their current levels of 5.25% to 5.50% during its September meeting. The focus is on the upcoming Fed meeting, which will take place before rate decisions from the...

Charlie_Trend

OANDA:XAUUSD The price of gold stays steady at around 1,932 as significant central bank events approach. It is widely anticipated that the Federal Reserve (Fed) will maintain interest rates within the range of 5.25% to 5.5%. Traders will be closely monitoring the monetary policy meetings of the Fed, Bank of England (BoE), and Bank of Japan (BoJ).

Charlie_Trend

OANDA:XAUUSD The price of gold has gained strength following positive data from China and new fiscal stimulus measures. The US Dollar (USD) has retreated from its six-month peak, providing additional support for the precious metal. Increased bond yields in the US may also help limit the correction of the US Dollar (USD).

Charlie_Trend

OANDA:XAUUSD Despite a slightly higher inflation report, the gold price is facing difficulties in making a definitive move. The US Dollar is showing reduced volatility even though the increase in headline CPI did not support those who favor tighter monetary policy from the Federal Reserve. The upcoming release of the US PPI and Retail Sales data could...

Charlie_Trend Updated 

OANDA:XAUUSD The price of gold has caught the attention of buyers for the second day in a row, as it benefits from a combination of factors. Concerns about a potential global economic decline and worsening relations between the US and China are driving investors towards the safe-haven metal. Additionally, profit-taking on the US Dollar is being prompted by...

Charlie_Trend Updated 

OANDA:XAUUSD The price of gold is currently trading sideways as the US dollar retreats. The improvement in US Treasury yields has the potential to put downward pressure on gold prices. China's disinflationary pressures have also had an impact on the yellow metal. During the early trading hours in the Asian session on Monday, gold is trading around $1,920...

Charlie_Trend

OANDA:XAUUSD The gold price is currently trading without a clear direction as investors are now paying more attention to the upcoming US inflation data. There are concerns among investors that any potential increase in the Consumer Price Index (CPI) could raise the chances of the Federal Reserve implementing a final interest rate hike. Although it is possible...

Charlie_Trend

After experiencing a five-day losing streak, the Gold Price is beginning to recover from its recent losses at a weekly low. The decline in price can be attributed to the strength of the US Dollar and ongoing concerns about China's economic situation. The positive United States data and discussions by the Federal Reserve have caused yields, as well as the US...

Charlie_Trend

OANDA:XAUUSD The downward trend of the gold price (XAU/USD) continues as the US Dollar remains strong, driven by negative market sentiment and consistent job growth in the United States. The yellow metal is under pressure because it is expected that the Federal Reserve (Fed) will maintain higher interest rates for an extended period. The appeal of the US...

Charlie_Trend

OANDA:XAUUSD The bullish bias of the gold price is diminishing as full markets resume after a long weekend in the United States. XAU/USD buyers are experiencing mixed sentiment due to uncertainty regarding China and the Federal Reserve. The calendar will be adorned with important events such as the release of China Caixin Services PMI and US Factory Orders. ...

Charlie_Trend Updated 

OANDA:XAUUSD The price of gold increased for the second week in a row due to concerns about the weakening US job market, which led to speculation that the Federal Reserve may adopt a more accommodative stance. If the support level of $1,950 is established, there is potential for further upward movement in XAU/USD. In the upcoming week, investors will closely...

Charlie_Trend

OANDA:XAUUSD The price of gold (XAU/USD) is experiencing slight selling pressure as the Federal Reserve's preferred measure of inflation remains consistent in July. Previously, the value of gold was trading sideways following a surge caused by weak labor demand due to the worsening economic forecast. It is anticipated that the precious metal will remain...

Charlie_Trend

Gold price has attracted buying interest for the fourth consecutive day on Thursday, pushing it back above the $1,945 level during the Asian session. This brings it closer to a four-week high that was reached the previous day. The XAU/USD pair now has potential to continue its recovery from last week's low of around $1,885, which was its lowest level since March...

Charlie_Trend

The price of gold is hovering around its highest level in three weeks, nearing $1,940, as investors await the release of important US ADP jobs data. Both the US Dollar and US Treasury bond yields are struggling due to disappointing numbers in the US JOLTS Job Openings report. In a positive move for gold, it has managed to regain its position above the key...

Charlie_Trend Updated 

OANDA:XAUUSD The price of gold continues to hold steady at a two-week high, with bullish investors celebrating the weakening of the US Dollar and maintaining cautious optimism. The decline in US Treasury yields has contributed to this sentiment, as there is uncertainty surrounding the Federal Reserve's future actions and anxiety ahead of the release of Consumer...