Technical Analysis: ...from Zaff Ismail

24 Apr 2024, 12:14 · Views 171

Technical Analysis: XAUUSD Expected to decline amidst recent rebound. The daily chart shows the gold price remains above the bullish moving average, with the 20-day moving average providing recent support around $2310 per ounce. The resistance point should be on $2305. 💪 Enjoy our team as a Business Partner, lets grow together! 🌏DM me 🌏DM me 🌏DM me

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Zaff Ismail

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Business Development Manager at KVB Plus . Let's unlock new opportunities and drive success together!

We are currently looking to expand our market globally and are seeking business partners in India to manage our team. We need individuals with local market knowledge, cultural understanding, and industry experience. Available Roles: • Introducing Broker • Master IB • Business Manager • Relationship Manager If you’re interested in learning more about our Business Partner Program, please let us know. Requirements: • Seasoned BDMs with a strong background in the financial sector or forex industry • Excellent communication skills to engage and delight clients • At least 1 year of prior experience in a similar position Apply now and be part of our journey to success! • Special rebates • High commission • Special % net deposit bonus and allowances for Business Partners For more information, please contact: Zaff Ismail www.kvbplus.com [email protected] Mobile: +601128915675

Zaff Ismail

📊 Market Analysis Product: XAU/USD Prediction: Increase Date : September 12, 2024 🔵Technical Analysis: From a technical perspective, the daily chart for the XAU/USD pair indicates a bullish trend, despite a lack of upward momentum. The pair is trading above a positive 20 Simple Moving Average, with buyers supporting it. Meanwhile, the 100 and 200 SMAs also show bullish trends, remaining well below the current price. Technical indicators are in positive territory but lack clear directional strength, keeping the risk tilted upward. In the short term, the 4-hour chart shows a neutral-to-bullish outlook. XAU/USD is above the converging 20 and 100 SMAs at around $2,507.00, with indicators rising from their midlines and maintaining an upward trajectory. Full analysis here: https://mykvb.com/insights/mar... Account registrations: https://shorturl.at/cjLi4

Zaff Ismail

𝗚𝗼𝗹𝗱 𝗦𝘂𝗿𝗴𝗲𝘀 𝘁𝗼 𝗔𝗹𝗹-𝗧𝗶𝗺𝗲 𝗛𝗶𝗴𝗵 𝗮𝘀 𝗙𝗲𝗱 𝗥𝗮𝘁𝗲 𝗖𝘂𝘁𝘀 𝗮𝗻𝗱 𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗧𝗲𝗻𝘀𝗶𝗼𝗻𝘀 𝗕𝗼𝗼𝘀𝘁 𝗗𝗲𝗺𝗮𝗻𝗱. 📊 Market Analysis Product: XAU/USD Prediction: Increase Date : 24.9.2024 🟢Fundamental Analysis: Gold prices reached a record high on Monday due to rising expectations that the Federal Reserve will cut interest rates significantly again, along with increasing tensions in the Middle East. On Monday, spot gold closed up nearly 0.3% at $2,628.38 per ounce, hitting a peak of $2,634.88 per ounce during the day, which is a new all-time high. The market is still reacting to the Federal Reserve’s recent 50 basis point rate cut. The Fed has indicated that it is not overly worried about inflation and is focused on keeping unemployment low. If jobs drop significantly, the market may believe the Fed will cut rates more aggressively, which would be good for gold prices. Additionally, instability in the Middle East could further push gold prices higher. Full analysis here : https://mykvb.com/insights/mar... Account registrations : https://shorturl.at/cjLi4

Zaff Ismail

𝑾𝙝𝒂𝙩'𝙨 𝙞𝒏 𝒕𝙝𝒆 𝒏𝙚𝒘𝙨 𝙩𝒐𝙙𝒂𝙮. 𝗚𝗼𝗹𝗱 𝗥𝗲𝗰𝗼𝘃𝗲𝗿𝘀 𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗗𝗶𝗽, 𝗘𝘆𝗲𝘀 $𝟮,𝟳𝟱𝟬 𝗥𝗲𝘀𝗶𝘀𝘁𝗮𝗻𝗰𝗲 𝗟𝗲𝘃𝗲𝗹. Gold (XAU/USD) has recouped a significant portion of its intraday losses, climbing above $2,740 to reach a new daily high in the European session on Monday. Safe-haven demand driven by Middle East tensions and concerns surrounding the upcoming US elections continues to support the precious metal. Additionally, a slight pullback in the US Dollar from its highest level since July 30 has further bolstered gold prices. At the same time, expectations for smaller Federal Reserve rate cuts and concerns over post-election deficit spending are helping keep US Treasury yields elevated. A positive sentiment in equity markets, however, might limit gold's upside. Traders are also cautious ahead of key US economic data releases this week, including the Advance Q3 GDP, the Personal Consumption Expenditures (PCE) Price Index, and the Nonfarm Payrolls (NFP) report. Full article here: https://lnkd.in/eii-MsgY Account registrations: https://lnkd.in/e6QXPHPD

Zaff Ismail

Wishing you a sparkling Deepavali! May your life be filled with joy, love, and prosperity as you celebrate the festival of lights with your loved ones! ✨ ✨ ✨

Zaff Ismail