%Start Gold Forecast Markets Hanging on by a Thread Gold - Trading HEAD TOPICS
Gold Forecast Markets Hanging on by a Thread
10/21/2022 5:05:00 PM
Gold markets have rallied just a bit during the trading session on Thursday as we continue to hang on to a major support level
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Gold markets have rallied just a bit during the trading session as we continue to hang on to a major support level. XAUUSD gold goldprice goldpricetoday Gold markets have rallied just a bit during the trading session on Thursday as we continue to hang on to a major support level
Gold has a huge negative correlation to the US Dollar, and of course interest rates in the United States.As long as the interest rates in the United States continue to be elevated, it’s difficult for gold to get a real footing to the upside.Gold has done significantly better against other currencies, but against the dollar specifically, it has been hammered.
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Mia Anderson 3 minutes ago
Market Likely to Drift LowerIf we do rally from here, then the $1700 level would be a very interesti...
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Mason Rodriguez 2 minutes ago
That is an area where I think you see a lot of dynamic resistance. Furthermore, you also have a down...
Market Likely to Drift LowerIf we do rally from here, then the $1700 level would be a very interesting area, right along with the $1680 level. The 50-DayEMAsits right around the $1700 level and is dropping.
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Sofia Garcia 1 minutes ago
That is an area where I think you see a lot of dynamic resistance. Furthermore, you also have a down...
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David Cohen 1 minutes ago
Read more: DailyForex » Gold Price Short-term Outlook: Gold on the Precipice- XAU Support W...
That is an area where I think you see a lot of dynamic resistance. Furthermore, you also have a downtrend line that is being tested, and therefore it’s likely that we will continue to see sellers given enough time.
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Harper Kim 8 minutes ago
Read more: DailyForex » Gold Price Short-term Outlook: Gold on the Precipice- XAU Support W...
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Julia Zhang Member
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Read more: DailyForex » Gold Price Short-term Outlook: Gold on the Precipice- XAU Support What is Comtech Gold (CGO) and how does it work? Gold Futures: Scope for further losses Gold Price Forecast: XAU/USD picks bids post-refreshing three-week low near $1,620
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Sebastian Silva 4 minutes ago
These stories explore what it means to hold truth to power and this country to its promises. Told by...
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Scarlett Brown 16 minutes ago
Read more >> Gold Price Short-term Outlook: Gold on the Precipice- XAU Support Gold prices have slip...
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Joseph Kim 4 minutes ago
Read more >> Gold Price Short-term Outlook: Gold on the Precipice- XAU Support Gold prices have slip...
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David Cohen 6 minutes ago
What is Comtech Gold (CGO) and how does it work?While Bitcoin is called “digital gold,” now you ...
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Audrey Mueller Member
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30 minutes ago
Wednesday, 07 May 2025
Read more >> Gold Price Short-term Outlook: Gold on the Precipice- XAU Support Gold prices have slipped into the last line of defense- risk for inflection into trend support. The levels that matter on the XAU/USD short-term technical charts.
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Dylan Patel Member
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Wednesday, 07 May 2025
What is Comtech Gold (CGO) and how does it work?While Bitcoin is called “digital gold,” now you can own the literal version. Comtech Gold allows users to use the historic hedge against inflation without the downsides. 🤣🤣🤣🤣🤣🤣🤣 not your gold
Gold Futures: Scope for further lossesOpen interest in gold futures markets increased for the second session in a row on Wednesday, this time by around 8.5K contracts according to prelimin
Gold Price Forecast: XAU/USD picks bids post-refreshing three-week low near $1,620 Gold price (XAU/USD) has displayed a rebound move after refreshing a three-week low at $1,622.50.
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Christopher Lee Member
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Wednesday, 07 May 2025
The precious metal has sensed buying interest as mom
Palladium has outperformed gold and silver this year, but may still have to room to climbPalladium has outperformed gold and silver, as well as sister metal platinum, so far this year, and the market is showing some signs of further gains to come. Gold Forecast: Continues to Plunge Gold markets have sold off drastically during the trading session on Wednesday as we continue to see a lot of strength in the US dollar
TRADE NOW Gold has a huge negative correlation to the US Dollar, and of course interest rates in the United States.support and the focus is on this recovery.advantages of blockchain .ary readings from CME Group.
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Henry Schmidt 10 minutes ago
As long as the interest rates in the United States continue to be elevated, it’s difficult for gol...
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Thomas Anderson Member
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45 minutes ago
Wednesday, 07 May 2025
As long as the interest rates in the United States continue to be elevated, it’s difficult for gold to get a real footing to the upside. Gold has done significantly better against other currencies, but against the dollar specifically, it has been hammered. Ultimately a breach / close above 1682/88 would be needed to suggest a larger gold recovery is underway back towards the monthly range highs / key at 1729/34 .
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Audrey Mueller Member
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50 minutes ago
Wednesday, 07 May 2025
Market Likely to Drift Lower If we do rally from here, then the $1700 level would be a very interesting area, right along with the $1680 level. It eliminates the need for retail investors to visit local markets to buy gold. The 50-Day EMA sits right around the $1700 level and is dropping.6% retracement of the 2020 range at 1585 .
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Andrew Wilson 6 minutes ago
That is an area where I think you see a lot of dynamic resistance. Information on these pages contai...
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Charlotte Lee Member
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33 minutes ago
Wednesday, 07 May 2025
That is an area where I think you see a lot of dynamic resistance. Information on these pages contains forward-looking statements that involve risks and uncertainties.
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Kevin Wang 22 minutes ago
Furthermore, you also have a downtrend line that is being tested, and therefore it’s likely that w...
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Zoe Mueller 20 minutes ago
Built on XinFin XDC Network, an advanced blockchain, the project is also Shariah-compliant and certi...
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Emma Wilson Admin
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24 minutes ago
Wednesday, 07 May 2025
Furthermore, you also have a downtrend line that is being tested, and therefore it’s likely that we will continue to see sellers given enough time. Note that a break below 1611 would likely fuel another accelerated sell-off in price and would put back into focus the broader double-top scenario presented last month.
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Aria Nguyen Member
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65 minutes ago
Wednesday, 07 May 2025
Built on XinFin XDC Network, an advanced blockchain, the project is also Shariah-compliant and certified by one of the renowned Shariah scholars group in the United Arab Emirates. Quite frankly, if gold rallies are here, I will not be a buyer of it, I will be looking for an opportunity to sell it.
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Isabella Johnson Member
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42 minutes ago
Wednesday, 07 May 2025
If we do break down below the potential “double bottom”, then it’s likely that we go testing the $1600 level, followed by the $1500 level. For a complete breakdown of Michael’s trading strategy, review his Gold Trader Sentiment – XAU/USD Price Chart A summary of shows traders are net-long Gold- the ratio stands at +4.
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Joseph Kim Member
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75 minutes ago
Wednesday, 07 May 2025
The $1500 level is an area that has a lot of psychology attached to it, so therefore I would expect a bit of a fight in that region as well. Holders of CGO tokens own gold physically in the same proportion.
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Ella Rodriguez 66 minutes ago
Either way, this is a market that I think has plenty of negativity, and I think it’s probably only...
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Joseph Kim 58 minutes ago
Ready to trade our .94% higher from last week Short positions are 6. Underlying physical gold Each t...
Either way, this is a market that I think has plenty of negativity, and I think it’s probably only a matter of time before we see an attempt to really throw things into a massive move lower.20% of traders are long) – typically bearish Long positions are 3. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. It is not until the has a reason to start changing its attitude that I think the market is ready to turn around to go to the upside.
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Isabella Johnson 30 minutes ago
Ready to trade our .94% higher from last week Short positions are 6. Underlying physical gold Each t...
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Liam Wilson Member
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17 minutes ago
Wednesday, 07 May 2025
Ready to trade our .94% higher from last week Short positions are 6. Underlying physical gold Each token on Comtech Gold represents 1 gram of gold with prices hinged to the prevailing international gold rate.
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Natalie Lopez 13 minutes ago
Gold Forecast Markets Hanging on by a Thread Gold - Trading HEAD TOPICS
Gold Forecast Marke...
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Ethan Thomas 17 minutes ago
Market Likely to Drift LowerIf we do rally from here, then the $1700 level would be a very interesti...