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KevinNguyen_MMF
GOLD HOLDS $2,900 – KEY LEVELS IN FOCUS
in
Galvenais
Feb 13 at 10:28
📉 Market Overview:Gold stabilizes at $2,900, sustaining bullish momentum post-False Break from CPI data.🔺 Higher rates add pressure but don’t change the trend.🔺 Trade tensions support gold after U.S. hikes steel & aluminum tariffs.🔺 Investors watch for new U.S. tariff policies impacting sentiment.🔹 Gold is back within the ascending price channel, favoring Buy setups at support levels and Sell Scalp trades at strong resistance zones.💠 Key Resistance & Support Levels🔹 Resistance: 2917 - 2926 - 2936 - 2941🔺 Support: 2874 - 2860 - 2858🔸 Trading Strategy for Asian &am...
GOLD AT CRITICAL SUPPORT – WILL CPI PUSH IT HIGHER OR LOWER?
in
Galvenais
Feb 12 at 09:47
oh not a bad idea, let's wait and see what the price is when CPI is announced
GOLD AT CRITICAL SUPPORT – WILL CPI PUSH IT HIGHER OR LOWER?
in
Galvenais
Feb 12 at 06:58
Bnagr believes tonight will be very important and attract focus because the labor market slows down, CPI will receive even more attention.
GOLD AT CRITICAL SUPPORT – WILL CPI PUSH IT HIGHER OR LOWER?
in
Galvenais
Feb 12 at 04:24
Gold has been consolidating around 2883 support, bouncing 10 points in the Asian session ahead of today’s major event – the US CPI release during the New York session.With inflation data expected to shape the Fed’s next policy move, today’s price action could determine whether gold continues its uptrend or faces another rejection from key resistance levels. 📊 What’s Driving Gold Right Now?📉 Fed stance: No rush for rate cuts.📉 DXY & bond yields: US Dollar is weakening, 10-year Treasury yield remains at 4.52%.📉 Risk sentiment: Stock markets remain mixed ...
GOLD COLLAPSES AFTER HITTING 2940 – TREND REVERSAL AHEAD?
in
Galvenais
Feb 12 at 03:31
Today we will have CPI data and wait to see how the price reacts to the current trend. Agree that Trump's statements will have an impact, but we are scalpers so we will quickly process each signal daily.
GOLD COLLAPSES AFTER HITTING 2940 – TREND REVERSAL AHEAD?
in
Galvenais
Feb 11 at 08:32
🚨Gold reached 2940, but faced a strong rejection, leading to a sharp drop below 2910. Currently, the price is testing this critical level, and its movement during the European session will determine the next directional bias.📊 Key Market Insights✔ Breakdown from the ascending channel – A potential reversal signal.✔ Bearish momentum? If GOLD fails to reclaim 2910, further downside pressure is expected.📉 Check the latest GOLD chart analysis:🔗 https://www.tradingview.com/x/N6xoNydh/ 🎯 GOLD Trading Plan🔴 SELL SCALP (Short-term Setup)📍 Entry: 2929 - 2931❌ SL: 2935🎯 TP: 2924 - 2920 - 2...
GOLD HITS NEW ATH – IS $3000 NEXT?
in
Galvenais
Feb 11 at 05:50
Gold has once again hit a new all-time high (ATH), trading around $2930 - $2932, and is now eyeing the psychological $3000 level. With strong bullish momentum and increasing economic uncertainty, is gold set to break even higher? 📊 Market Overview📈 Gold remains one of the best-performing assets, fueled by:✔ Geopolitical tensions pushing safe-haven demand.✔ Weaker USD & inflation fears supporting higher gold prices.✔ Strong institutional buying keeping the trend intact.Technically, the Marubozu candle from yesterday confirms bullish strength as price surged from $2853 to $2910, with t...
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