XAUUSD price and possible movements for FOMC news
Nowadays GOLD was ranging 1815-1790 so it's expected for a clear direction after the news also keep in mind that the news will not change the structure of the market at the current position but it may change for the coming days and I think the reason that all the people scare about the news is that they think the news can overturn the structure immediately we will clarify some important points here
First as we see GOLD attempted to break the current support area several times but it didn't break so that can make sure the trend can't continue for a downtrend as long as we were in downtrend till now .
Second the attempt of the resistance was not more to attempt the current resistance which is 1807-1815 area so even 1 attempt can break the resistance area.
Also the price now in a price action zone which is 1800 and it's possible to bush up the price so all of those are proving for an uptrend for tonight so there's also possibility for downtrend but it's not more enough for today
Let's see today 90% I think Gold will rise till 1826area and 10% or less than that the price can go down so let's see trade with your own analysis 👍❤️❤️❤️❤️
Oil prices were mixed on Friday after a boost from a drop in U.S. crude and gasoline inventories, but were still set for a weekly decline on concerns that an OPEC+ impasse could swell global crude supplies. Both benchmarks were headed for a loss of nearly 3% for the week, as traders remained worried that the collapse of talks between the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, could lead to a rise in crude supplies. U.S. crude and gasoline stocks fell and gasoline demand reached its highest since 2019, the U.S. Energy Information Administration said on Thursday, signalling increasing strength in the U.S. economy. Crude inventories fell by 6.9 million barrels in the week to July 2 to 445.5 million barrels, the lowest since February 2020, and more than the expected 4 million-barrel drop estimated in a Reuters poll. Gasoline stocks fell by 6.1 million barrels, exceeding expectations for a 2.2 million-barrel drop. Even with oil prices rising toward $75 a barrel, U.S. shale producers are keeping their pledges to hold the line on spending and keep output flat, a departure from previous boom cycles.
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Good move start ✅ Today Free signal on fire 🤑🔥
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Nous surveillons encore quelques configurations pour aujourd'hui. Après avoir reçu la confirmation, je partagerai avec vous les gars.😘
Restez vigilant d'accord !
UPDATE: IL FAUT ALLER SUR @GRANTEACHER👇
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Five things traders need to know today
📈 Nasdaq increased on Wednesday while the S&P 500 and Dow closed below the flatline. The Fed will keep the bond purchase program to support the economy. Facebook beats earnings estimates but expects slower revenue growth ahead. China’s CSI 300 and Hang Seng rebounded after a massive two-day sell-off.
🌟 Gold continued its consolidation and closed at $1,806.98. WTI crude (SpotCrude) edged higher to $72.57. Bitcoin closed above $40,000 for the first time since May, challenging the 100-day SMA.
💲 The US dollar index (USDX) fell for a third consecutive session to 92.23 as Powell downplayed the inflation concerns and showed patience on tapering. The yield on 10-year Treasury was lower at 1.23%. USDJPY was slightly up to 109.91.
🆙 EUR ended at a two-week high of 1.1842 amid the USD weakness. GBP climbed above 1.39 on optimism about the Covid situation and the border opening.
😃 AUD recovered to 0.7373, with Aussie CPI beating estimates in Q1 at 3.8% YoY. NZD was unchanged at 0.6956. CAD strengthened to 1.2521, benefiting from the strong CPI and higher crude price.
Tous les échanges sont fermés avec de gros bénéfices 🤑 J'espère que tous mes clients et membres sont toujours heureux bien sûr, de ma configuration fantastique. Profitez de vos bénéfices les gars❤️❤️❤️
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Traditional assets redefined: precious metal-backed tokens come on crypto stage
Another day, another collaboration😏
Elrond has gone into partnership with U.K. fintech firm Aurus to issue three tokens for gold, silver, and platinum on the Elrond blockchain as ESDT tokens. The precious metal-backed tokens will be made available on Elrond’s Maiar exchange and automated market maker.
To quote Beniamin Mincu, Elrond Network CEO: “Blockchain technology will enhance traditional store-of-value assets by making them more liquid, secure, and inexpensive to own and transfer.”
The future of DeFi looks more promising than ever 🚀 Now that there are options, would you rather own physical metal or a metal-backed token?
Five things traders need to know today
😀 US stocks continued their gains last week, with the S&P recording a seventh straight day of record highs after the mixed job report. 850K jobs were created in June against 700K expected, while the unemployment rate climbed to 5.9% from 5.8%. Major European and Asian indices closed the week lower.
🌟 Gold recovered to 1,787.52, battling around the 100-day SMA. WTI crude (SpotCrude) enjoyed a six-week rally to $75.26 as OPEC+ failed to reach an agreement on output hike. Bitcoin jumped 8.7% to $35,530.26, dwarfed by Ethereum’s nearly 30% surge.
💲 The US dollar index (USDX) remained steady above 92 despite the pullback on Friday after the modestly strong NFP. The yield on 10-year Treasury was subdued at 1.43%. USDJPY retreated from its 15-month high to 111.02, up by 0.22% on the week.
🇪🇺 EUR finished the week lower by 0.61% at 1.1864 on worries of lower Eurozone inflation rate. ECB's special strategy meeting will conclude this Thursday. GBP fell to 1.3832 on the week as Delta variants rapidly spread in the UK.
🐨 AUD lost 0.89% last week to 0.7525 and NZD -0.54% at 0.7030, with both pairs seeing a big jump Friday as the dollar rally eased. USDCAD was at 1.2327.
We can have bad day or even a bad week but consistency is our goal
Here is our results from the beginning :
🗓2019
April ➡️➡️➡️ 9615 PIPS
May ➡️➡️➡️ 8376 PIPS
June ➡️➡️➡️ 11734 PIPS
JULY➡️➡️➡️ 8485 PIPS
August ➡️➡️➡️ 9541 PIPS
September ➡️➡️➡️ 11960 PIPS
October ➡️➡️➡️➡️13271 PIPS
November ➡️➡️➡️ 7217 PIPS
December ➡️➡️➡️ 3143 PIPS
2019 TOTAL : 83,342 PIPS 💰💰💰💰
🗓2020
January➡️➡️➡️➡️➡️8742 PIPS
February➡️➡️➡️➡️➡️10422PIPS
March ➡️➡️➡️➡️➡️➡️8029PIPS
April➡️➡️➡️➡️➡️➡️ 8086 PIPS
May➡️➡️➡️➡️➡️➡️8027 PIPS
June➡️➡️➡️➡️➡️10435 PIPS
July➡️➡️➡️➡️➡️➡️9783 PIPS
August➡️➡️➡️➡️➡️8094 PIPS
September ➡️➡️➡️➡️11803 PIPS
October ➡️➡️➡️➡️➡️ 11145 PIPS
November➡️➡️➡️➡️ 6867 PIPS
December ➡️➡️➡️➡️9601 PIPS
2020 Total : 111,034 PIPS 💰💰💰💰
🗓2021
January➡️➡️➡️➡️9122 PIPS
February ➡️➡️➡️➡️6645 PIPS
March➡️➡️➡️➡️10234 PIPS
April➡️➡️➡️➡️8407 PIPS
May➡️➡️➡️➡️8110 PIPS
June➡️➡️➡️➡️11805 PIPS
2021 Total: 54,323 PIPS 💰💰💰💰
Total progress of vip channel : 248,699 PIPS✅✅
To Join vip group contact admin @Granteacher
