The battle to regain position after the holiday break.
⚡️This notion weighed on the dollar and Treasury yields, allowing the yellow metal to appreciate on the prospect of fewer increases in its opportunity cost.
⚡️A softer dollar also helped spur gains in copper, with the red metal benefiting from increased optimism over more stimulus measures in major importer China, as well as signs of some recovery in Chinese business activity.
⚡️Focus is now on more economic indicators from China this week, as well as any more cues on the U.S. economy and future rate hikes. But trading in metal markets is expected to remain somewhat limited on Monday, on account of a U.S. market holiday.
⚡️The H4 chart shows that the price line is trading above the EMA, the uptrend can continue to break the last resistance zone 195x, to enter a downtrend, if the buying force is not enough to break, the resistance zone 1945, then Price will continue to follow a downtrend.
⚡️Share your ideas with Krado, I'm looking forward to it⚡️
⚡️A softer dollar also helped spur gains in copper, with the red metal benefiting from increased optimism over more stimulus measures in major importer China, as well as signs of some recovery in Chinese business activity.
⚡️Focus is now on more economic indicators from China this week, as well as any more cues on the U.S. economy and future rate hikes. But trading in metal markets is expected to remain somewhat limited on Monday, on account of a U.S. market holiday.
⚡️The H4 chart shows that the price line is trading above the EMA, the uptrend can continue to break the last resistance zone 195x, to enter a downtrend, if the buying force is not enough to break, the resistance zone 1945, then Price will continue to follow a downtrend.
⚡️Share your ideas with Krado, I'm looking forward to it⚡️
Komen:
Komen:
Komen:
⚡️Gold price edges lower for the second straight day on Tuesday, albeit lacks follow-through.
Komen:
⚡️Krado who is buying at this price has made a profit of 25 pips. Good afternoon everyone
BUY GOLD 1935-1933 ↠↠ STop 1930
→Profit 1 1940
↨
→Profit 2 1945
BUY GOLD 1935-1933 ↠↠ STop 1930
→Profit 1 1940
↨
→Profit 2 1945
Komen:
⚡️Markets are now focused squarely on a slew of Fed speakers this week, who are expected to offer more cues on monetary policy before an interest rate decision later this month.
Komen:
⚡️Today is a great day, Krado signal gives everyone a profit. Krado feels very happy about that
Komen:
⚡️While the yellow metal marked a strong run-up over the past two weeks, it has struggled to make headway in recent sessions, especially as the dollar and yields remained resilient despite signs of cooling U.S. economic activity.
Komen:
BUY GOLD 1923-1925↠↠ STop 1918
→Profit 1 1930
↨
→Profit 2 1938
+40 pips, Visit my channel for free signals
→Profit 1 1930
↨
→Profit 2 1938
+40 pips, Visit my channel for free signals
Komen:
⚡️Gold trades slowly waiting for PMI
Komen:
⚡️Actual PMI news is larger than forecast, good prospects for USD
Komen:
⚡️My plan was right
Komen:
⚡️Bets for more Fed rate hikes to act as a tailwind for the buck and cap the upside.
Komen:
⚡️The Fed is widely expected to keep rates on hold in September. But the central bank is also set to keep rates higher for longer.
Komen:
⚡️After Unemployment Claims news, reality was smaller than forecast, good for USD, bad outlook for gold
Komen:
⚡️Trading still follows the trend line drawn by Krado
