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𝐇𝐞𝐢𝐠𝐡𝐭𝐞𝐧𝐞𝐝 𝐒𝐩𝐞𝐜𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐑𝐚𝐭𝐞 𝐂𝐮𝐭 𝐏𝐨𝐬𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲
Market participants are eagerly anticipating the Federal Reserve’s upcoming rate decision, with traders increasingly betting on a larger-than-usual rate cut. After initially discounting the possibility, expectations for a 50-basis-point reduction have surged to around 44%, especially after a recent Wall Street Journal report suggested that the Fed’s policymakers remain undecided between a quarter-point or half-point cut. 📉 This uncertainty has driven U.S. government bond prices higher, reflecting increased investor caution ahead of the decision. Full Article: http://t.me/sagaahhelite
𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬 𝐀𝐡𝐞𝐚𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐞𝐝 𝐑𝐚𝐭𝐞 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧- 𝐅𝐎𝐌𝐂 𝐃𝐀𝐘 𝟏𝟖-𝟗-𝟐𝟒
Heightened Speculation on Rate Cut Possibility
Market participants are eagerly anticipating the Federal Reserve’s upcoming rate decision, with traders increasingly betting on a larger-than-usual rate cut. After initially discounting the possibility, expectations for a 50-basis-point reduction have surged to around 44%, especially after a recent Wall Street Journal report suggested that the Fed’s policymakers remain undecided between a quarter-point or half-point cut.
This uncertainty has driven U.S. government bond prices higher, reflecting increased investor caution ahead of the decision.
The debate over the size of the rate cut has intensified due to mixed economic signals:
Labor market stability and controlled inflation support a more gradual approach, while some analysts argue for a more aggressive move.
The yield on two-year U.S. Treasury notes has fallen by 5 basis points to 3.59%, while the ten-year yield decreased by 3 basis points to 3.65% as investors brace for the possibility of lower rates.
2. Market Dynamics and Broader Implications
The probability of a 25-basis-point cut remains the market’s base case, with an 85% chance of occurring at the next Fed meeting. However, the possibility of a 50-basis-point cut is still on the table with a 15% chance.
This divergence is contributing to heightened market volatility, with broad implications across several asset classes:
* Equity Markets:
Growth-oriented stocks (technology, consumer discretionary) could benefit from lower borrowing costs.
Financial stocks may face pressure due to narrower net interest margins.
* Bond Markets:
U.S. Treasury yields have declined in anticipation of a rate cut. A larger cut would likely push yields further down, driving bond prices higher.
Corporate bonds could see increased issuance as companies take advantage of cheaper borrowing costs.
* Currency Markets:
The U.S. dollar has weakened in anticipation of a rate cut, boosting major and emerging market currencies. However, a deeper cut could signal economic weakness, limiting benefits.
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Four Days Until the #FOMC Meeting
Four days until the #FOMC meeting, where Powell will likely cut by .25 (odds are currently 50% for .25 and 50% for .50).
The similarities between 2007 and 2024 are wild!
Charts in comments:
Fed's First Rate Cut: Sept 18, 2007 Sept 18, 2024 (high probability)
Unemployment Rate Sept 2007: 4.7 Sept 2024: 4.2
US Inflation Rate YoY Sept 2007: 2.5 Sept 2024: 2.5
US Housing Starts: Sept 2007: 1.238 Sept 2024: 1.235
US Leading Economic Activity Sept 2007: 100.4 Sept 2024: 100.4
US Existing Home Sales Sept 2007: 4.5 Million Sept 2024: 3.95 Million
(This post is not calling for a 2007 crash. I am simply pointing out the intriguing similarities in timing and economic indicators.)
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐗𝐀𝐔𝐔𝐒𝐃 (𝐒𝐩𝐨𝐭 𝐆𝐨𝐥𝐝) 𝟏𝟏-𝟗-𝟐𝟎𝟐𝟒 | 𝐂𝐏𝐈(𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐏𝐫𝐢𝐜𝐞 𝐈𝐧𝐝𝐞𝐱)
Sell at: $2545-$2565-$2585-$2600 Buy at: $2470-$2458-$2438-$2418 Current Market Price (CMP): $2526.35 (as of writing)
Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
Fundamentals That Might Impact XAUUSD: Date: 11 Sep 2024
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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A Spike In Core Inflation Could Potentially Derail The Fed's Rate Cut Plan
A spike in core inflation could potentially derail the Fed’s rate cut plan and potentially spook markets if there is a negative surprise in US CPI data for August. With the US CPI decreasing to 2.9% in July and the unemployment rate largely remaining unchanged from 4.3% in July to 4.2% in August, the markets believe it is time for the US Fed to begin cutting interest rates. A higher for longer interest rate scenario may start impacting the economy negatively. US Fed’s FOMC meeting is next week on September 17-18 and the expectations of a 0.25% rate cut are high. Investors predict a 100% chance of policymakers cutting interest rates, with 70% odds of a quarter of a point cut. For Key Trading Level follow us @sagaahhelite Full Article: http://t.me/sagaahhelite 𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://lnkd.in/dPx4aDGh WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://lnkd.in/dhVrNKKE Analysis: https://lnkd.in/dsriY6XT
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Market anxiety is rising before Tuesday’s US presidential debate
Market anxiety is rising before Tuesday’s US presidential debate between Vice President Kamala Harris and former President Donald Trump. Dollar volatility nears its highest level since the March 2023 banking crisis, while the stock market’s "fear gauge" climbs. “This debate could be crucial for both campaigns’ momentum,��� said Kathleen Brooks, research director at XTB, noting that the US election remains the biggest global risk.
Gold is trading again in a range of 2500-2510. Check out our trading levels of buying and selling at https://www.tradingview.com/u/sagaahhelite/
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𝐇𝐨𝐰 𝐭𝐨 𝐭𝐫𝐚𝐝𝐞 𝐢𝐧 𝐆𝐨𝐥𝐝 𝐓𝐨𝐝𝐚𝐲?
The price of gold resumed its upward trend and broke through $2,500/ounce, but the price of gold was still below $2,510/ounce, and buyers seemed to have failed to accumulate momentum.
The momentum remains bullish, but gold may consolidate in the short term before resuming its upward trend or turning downward. The relative strength index (RSI) is almost flat, indicating that neither buyers nor sellers are in control of the situation.
If gold prices climb above the year-to-date high of $2,531/oz, it may push it to challenge $2,550/oz. If it breaks through the latter, the next target will be the psychological level of $2,600/oz.
On the other hand, if gold prices fall below $2,500/oz, the next support level will be the August 22 low of $2,470/oz.
If gold prices fall below $2,470/oz, the next support area will be the confluence of the May 20 high (which has turned into support) and the 50-day simple moving average (SMA), between $2,450-2,440/oz.
This content is only general market commentary and is not investment advice
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𝐃𝐨𝐧’𝐭 𝐌𝐢𝐬𝐬 𝐎𝐮𝐭 𝐨𝐧 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐆𝐚𝐢𝐧𝐬 — 𝐓𝐫𝐚𝐝𝐞 𝐆𝐨𝐥𝐝 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐓𝐨𝐝𝐚𝐲!
Big NFP Day Moves Expected! Will gold hit $2,625 or drop to $2,395? Stay ahead of the action — follow us for real-time updates!
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐗𝐀𝐔𝐔𝐒𝐃 𝐒𝐩𝐨𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐟𝐨𝐫 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝟔, 𝟐𝟎𝟐𝟒: 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐄𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐒𝐜𝐞𝐧𝐚𝐫𝐢𝐨𝐬
At the start of the week, gold prices consolidated, but sharp movements on Wednesday and Thursday—amounting to a $60+ change—ignited momentum just before the Non-Farm Payroll (NFP) release today at 18:00 hours. The price saw a swing from a high of $2,515 to a low of $2,471, before rebounding to the $2,524 range. Currently, gold is trending at $2,416.78.
The release of the ISM Manufacturing PMI data has raised concerns over a potential hard landing for the U.S. economy. This situation could affect the U.S. Dollar (USD) and prompt changes in Federal Reserve (Fed) rate expectations, influencing market demand and impacting gold prices, the DXY index, Nasdaq, Dow 30, and major forex pairs.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐇𝐨𝐰 𝐭𝐨 𝐓𝐫𝐚𝐝𝐞 𝐢𝐧 𝐆𝐨𝐥𝐝 𝐓𝐨𝐝𝐚𝐲: 𝟒𝐭𝐡 𝐒𝐞𝐩𝐭. '𝟐𝟒
Short-term technical outlook for gold prices.
The daily chart of gold prices shows that gold prices have fallen for the third consecutive day, with increasing bearish potential but lacking technical confirmation. Gold rebounded from the intraday low and is currently struggling around the bullish 20 Simple Moving Average (SMA) of $2,485. Meanwhile, the 100 SMA is far below the current price, losing some bullish momentum, but still showing some degree of exhaustion of upside momentum. Finally, technical indicators are neutral to bearish in bias, and are tightly above their mid-lines.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐑𝐞𝐥𝐢𝐚𝐛𝐥𝐞 𝐆𝐨𝐥𝐝 𝐒𝐢𝐠𝐧𝐚𝐥𝐬 𝐟𝐨𝐫 𝐂𝐨𝐧𝐬𝐢𝐬𝐭𝐞𝐧𝐭 𝐏𝐫𝐨𝐟𝐢𝐭𝐬
Navigating the gold market can be challenging, but with Gold Signals, you can simplify your trading journey. Our team of experienced analysts provides high-accuracy signals to help you make informed decisions and maximize your returns. 𝑱𝒐𝒊𝒏 𝒕𝒉𝒆 𝒈𝒓𝒐𝒘𝒊𝒏𝒈 𝒄𝒐𝒎𝒎𝒖𝒏𝒊𝒕𝒚 𝒐𝒇 𝒔𝒖𝒄𝒄𝒆𝒔𝒔𝒇𝒖𝒍 𝒈𝒐𝒍𝒅 𝒕𝒓𝒂𝒅𝒆𝒓𝒔 𝒂𝒏𝒅 𝒔𝒕𝒂𝒓𝒕 𝒚𝒐𝒖𝒓 𝒋𝒐𝒖𝒓𝒏𝒆𝒚 𝒘𝒊𝒕𝒉 𝑮𝒐𝒍𝒅 𝑺𝒊𝒈𝒏𝒂𝒍𝒔 𝒕𝒐𝒅𝒂𝒚.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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🚨📊Market Update: Key Data and Insights on Gold Prices, Inflation, and Central Bank Policies💹📌
📌Gold Prices (XAUUSD):⚠️ Gold is trading in a tight range between 2500–2525 for the past week.
High resistance levels are causing traders to be cautious about making fresh bets in gold, stocks, or other assets.
Upcoming Data Releases:📌 Today’s release includes the Core PCE Price Index, an important measure of inflation that influences Federal Reserve rate cut prospects beyond September.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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🚨 XAUUSD (Spot Gold) Analysis — 30 August 2024 🚨 ( CORE PCE PRICE INDEX DATA DAY )
Sell at: $2539-$2559-$2579-$2599 Buy at: $2460-$2440-$2420-$2400
(CMP): $2,517.75 as of writing 📈
⚠️ Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 :
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What would you like to Meet us for?
We are thrilled to Meet you in DXB From September 1–7
☑ Gold- Bullion, Spot, Futures, Physical ☑ As Broker, As Promoter, As Dealer
if Possible, please share your requirements Before Meeting Our Team will be Ready to Assist you on your demands. Feel Free to Share your queries and questions
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://lnkd.in/dPx4aDGh WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://lnkd.in/dhVrNKKE Analysis: https://lnkd.in/dsriY6XT
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How to trade on Gold Today 29th August 2024
The gold prices remained on an upward trend on Thursday. With gold prices above $2,520/oz, buyers remain hopeful that gold can break through the all-time high of $2,531/oz. As depicted by the relative strength index (RSI), momentum suggests that buyers are in control. Against this backdrop, the path of least resistance for gold is to the upside.
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𝗦𝘁𝗮𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲𝘀𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 & 𝗦𝗶𝗴𝗻𝗮𝗹𝘀, 𝗳𝗼𝗹𝗹𝗼𝘄 𝘂𝘀 : Follow Me: https://www.followme.com/u/969078/1 WhatsApp Channel: https://wa.me/sagaahelite Twitter/X: https://x.com/SagaahhE Forex Factory: https://www.forexfactory.com/sagaahhelite Analysis: https://www.tradingview.com/u/sagaahhelite
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𝐃𝐚𝐭𝐚 𝐒𝐜𝐡𝐞𝐝𝐮𝐥𝐞𝐝 𝐟𝐨𝐫 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 (𝟏𝟖:𝟎𝟎-𝟐𝟐:𝟑𝟎 𝐡𝐫𝐬.)
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XAUUSD (Spot Gold) Analysis — 29 August 2024
Sell at: $2539-$2552-$2572-$2592. Buy at: $2489-$2472-$2452-$2432.
Current Market Price (CMP): $2,522.75 📈
⚠ Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
📊 Fundamentals Impacting XAUUSD (29 August 2024):
1.💵 Gold Gains on Weaker USD: Gold is benefiting from a weaker US Dollar (USD), which is negatively correlated with the precious metal. The US Dollar Index (DXY) is down in the 100.90s after pulling back from a peak of 101.18 on Wednesday.
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