Searchlight3
Perdagangan Terbuka
Pedagang Sesekali
4.9 Tahun
39 Mengikuti
32 Pengikut
20 Disukai
2 Dibagikan
Posting
Portofolio
Gold Price Forecast: XAU/USD rallies above $4,200 on US Dollar weakness.
Gold appreciates for the fifth consecutive day, hitting three-week highs above $4,220.
Risk appetite amid the US government reopening is weighing heavily on the US Dollar.
A confirmation above $4,220 would expose the record highs around $4,380.
Gold Price Forecast: XAU/USD rallies above $4,200 on US Dollar weakness
Guillermo Alcala
Guillermo Alcala
FXStreet
Gold (XAU/USD) extends gains for the fifth consecutive day on Thursday as the US Dollar dives on risk appetite, following the end of the US government’s closure. The precious metal appreciated to three-week highs above 4,200 and is now testing resistance at a previous support area around $4.220.of
Earlier on Thursday, US President Donald Trump signed the bill that ends the longest US government shutdown in history, which was celebrated by the market. The risk rally has sent the safe-haven US Dollar tumbling against most peers, which provided an additional impulse to Gols.
Technical Analysis: Above $4,220, the target is the $4,380 record high
XAU/USD Chart
XAU/USD 4-Hour Chart
The technical picture shows an improving bullish momentum. The 4-hour Relative Strength Index (RSI) is trending higher above the key 50 level, and the Moving Average Convergence Divergence (MACD) is crossing about the signal line, hinting at further appreciation.
The break of the $4,150 resistance area on Wednesday confirmed that the correction from the October highs has completed, and bulls are now attempting to breach the mentioned $4,220 level, which held downside attempts on October 20. Above here, the next target is the all-time highs around $4,380 (the highs of October 20 and 21).
On the other hand, a bearish reaction from current levels is likely to find support at the $4,150 area (October 22, 23, 24, and November 11 highs). Further down, the $4,100 area (November 11,12 lows) and a previous resistance area at $4,050 (October 31 highs) are likely to challenge bears.
Gold appreciates for the fifth consecutive day, hitting three-week highs above $4,220.
Risk appetite amid the US government reopening is weighing heavily on the US Dollar.
A confirmation above $4,220 would expose the record highs around $4,380.
Gold Price Forecast: XAU/USD rallies above $4,200 on US Dollar weakness
Guillermo Alcala
Guillermo Alcala
FXStreet
Gold (XAU/USD) extends gains for the fifth consecutive day on Thursday as the US Dollar dives on risk appetite, following the end of the US government’s closure. The precious metal appreciated to three-week highs above 4,200 and is now testing resistance at a previous support area around $4.220.of
Earlier on Thursday, US President Donald Trump signed the bill that ends the longest US government shutdown in history, which was celebrated by the market. The risk rally has sent the safe-haven US Dollar tumbling against most peers, which provided an additional impulse to Gols.
Technical Analysis: Above $4,220, the target is the $4,380 record high
XAU/USD Chart
XAU/USD 4-Hour Chart
The technical picture shows an improving bullish momentum. The 4-hour Relative Strength Index (RSI) is trending higher above the key 50 level, and the Moving Average Convergence Divergence (MACD) is crossing about the signal line, hinting at further appreciation.
The break of the $4,150 resistance area on Wednesday confirmed that the correction from the October highs has completed, and bulls are now attempting to breach the mentioned $4,220 level, which held downside attempts on October 20. Above here, the next target is the all-time highs around $4,380 (the highs of October 20 and 21).
On the other hand, a bearish reaction from current levels is likely to find support at the $4,150 area (October 22, 23, 24, and November 11 highs). Further down, the $4,100 area (November 11,12 lows) and a previous resistance area at $4,050 (October 31 highs) are likely to challenge bears.
Stellar Price Forecast: XLM eyes breakout as bullish momentum builds near key resistance
Stellar price nears key resistance at $0.297 on Thursday; a decisive close above it likely to trigger a rally.
Turbo Energy launches a project to tokenize financing in collaboration with Taurus S.A. and the Stellar Development Foundation.
On-chain data signal strong bullish sentiment, with rising large whale orders and long positions.
#stellar #BTC
Stellar price nears key resistance at $0.297 on Thursday; a decisive close above it likely to trigger a rally.
Turbo Energy launches a project to tokenize financing in collaboration with Taurus S.A. and the Stellar Development Foundation.
On-chain data signal strong bullish sentiment, with rising large whale orders and long positions.
#stellar #BTC
Pandangan Chainlink membaik seiring meningkatnya imbalan staking dan aktivitas paus memperkuat permintaan jaringan
Harga Chainlink stabil di sekitar $15,35 pada hari Rabu setelah menemukan dukungan kuat di dekat garis tren bawah minggu lalu, menandakan minat beli yang baru. Peluncuran Musim 1 Imbalan Chainlink dapat meningkatkan keterlibatan jaringan dan partisipasi token, berpotensi mendorong permintaan yang lebih tinggi
#CHINLINK #Chainlink #BTC
Harga Chainlink stabil di sekitar $15,35 pada hari Rabu setelah menemukan dukungan kuat di dekat garis tren bawah minggu lalu, menandakan minat beli yang baru. Peluncuran Musim 1 Imbalan Chainlink dapat meningkatkan keterlibatan jaringan dan partisipasi token, berpotensi mendorong permintaan yang lebih tinggi
#CHINLINK #Chainlink #BTC
Masuk untuk menjelajahi konten lainnya