Piyush Lalsingh Ratnu
- Trader & Analyst において Piyush Ratnu Gold Market Research
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Piyush Ratnu is an independent forex market analyst & trader with core expertise in XAUUSD/Spot Gold.
With more than 15 years of experience as a Financial Market Analyst, Piyush Ratnu held the responsibility of developing and refining a series of algorithms & analytic tools to simplify the trading processes. His tools and algorithms were defined and rated as “unlike tools seen in the market before, extensively designed and most importantly, functional and logical” by some of the top financial companies and analysts at New York, London and Dubai.
Piyush Ratnu holds an experience of 290,000 trades, 1,790,000 pips calculated with a remarkable trading execution rate of 2 trades per second in an ideal scenario with profit booking in less than 8 seconds tracing 60+ pips/trade, as per audited and verified track record of last 10 years.
Core strength:
Economics, Economic Data Analysis, Spot Gold (XAUUSD), USD Majors, SR MTF Range Trading, Chart Patterns,
Volume Trading, Day Trading & Position Trading
Trading style
Fundamental based Intra-day trading.
Analysis based on proprietary algorithm + 90+ parameters.
Core focus: US Futures and XAUUSD | Spot Gold
Motto
Plan your trade, and then trade your plan!
Detailed research: https://www.reddit.com/r/prgoldanalysis
Track Record since 2021: https://bit.ly/PRxauusdAnalysis
MyFxBook:
X.com: https://x.com/piyushratnu
Insta: https://www.instagram.com/piyushratnuofficial
Connect for more details:
Telegram: https://www.T.me/PiyushRatnuOfficial
Risk Disclaimer:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Trading foreign exchange, indices and commodities, on margin, carries a high level of risk and may not be suitable for all individuals.
The information made available by Piyush Ratnu is for your general information only and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation and is not intended to be relied upon by users in making, or refraining from making, any investment decisions.
Piyush Ratnu does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position(s) of Piyush Ratnu.
With more than 15 years of experience as a Financial Market Analyst, Piyush Ratnu held the responsibility of developing and refining a series of algorithms & analytic tools to simplify the trading processes. His tools and algorithms were defined and rated as “unlike tools seen in the market before, extensively designed and most importantly, functional and logical” by some of the top financial companies and analysts at New York, London and Dubai.
Piyush Ratnu holds an experience of 290,000 trades, 1,790,000 pips calculated with a remarkable trading execution rate of 2 trades per second in an ideal scenario with profit booking in less than 8 seconds tracing 60+ pips/trade, as per audited and verified track record of last 10 years.
Core strength:
Economics, Economic Data Analysis, Spot Gold (XAUUSD), USD Majors, SR MTF Range Trading, Chart Patterns,
Volume Trading, Day Trading & Position Trading
Trading style
Fundamental based Intra-day trading.
Analysis based on proprietary algorithm + 90+ parameters.
Core focus: US Futures and XAUUSD | Spot Gold
Motto
Plan your trade, and then trade your plan!
Detailed research: https://www.reddit.com/r/prgoldanalysis
Track Record since 2021: https://bit.ly/PRxauusdAnalysis
MyFxBook:
X.com: https://x.com/piyushratnu
Insta: https://www.instagram.com/piyushratnuofficial
Connect for more details:
Telegram: https://www.T.me/PiyushRatnuOfficial
Risk Disclaimer:
Trading in foreign exchange (“Forex”) on margins entails high risk and is not suitable for all investors. Past performance is not an indication of future results. In this case, as well, the high degree of leverage can act both against you and for you. Trading foreign exchange, indices and commodities, on margin, carries a high level of risk and may not be suitable for all individuals.
The information made available by Piyush Ratnu is for your general information only and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation and is not intended to be relied upon by users in making, or refraining from making, any investment decisions.
Piyush Ratnu does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position(s) of Piyush Ratnu.
Piyush Lalsingh Ratnu
🟢Gold price keeps its record run intact above $3,450 early Tuesday after posting a 3% gain on Monday.
🟢Trump’s attacks on Fed’s Powell and fears over the US’s financial stability continue to power Gold price rally.
🔻Gold price could see a brief pullback
Gold price extends its record run into the second consecutive day on Tuesday as buyers increase buying positions with their sights on the $3,500 threshold. 🟢CMP $3495
Just as the US-China trade war-led US recession fears weren’t enough to sap investors’ confidence, US President Donald Trump doubled down on his criticism of Federal Reserve (Fed) Chairman Jerome Powell since last Friday, negatively impacting the already beleaguered US Dollar (USD), lifting the traditional safe-haven and the USD-denominated Gold price.
⚡️Despite the latest uptick in the US Dollar, this narrative remains a constant threat while rendering positive for the go-to safety bet – the Gold price:
Fed whisperer and Wall Street Journal’s (WSJ) Nick Timiraos said, "Trump is signalling that he will blame the Federal Reserve for any economic weakness resulting from his trade war if the central bank doesn’t cut interest rates soon. “In the process, he might also be seeking to delegitimize the historically independent institution in a way that could undermine its effectiveness,” Nick added.
🔴🔻A Pullback on the cards:
Looking ahead, Gold price could see a brief correction as traders will likely cash in on their longs, positioning for the notable US earnings on the docket this week, including Magnificent Seven members Tesla and Alphabet, and a host of high-profile industrials such as Boeing etc.
However, any dip in Gold price could be seen as a good buying opportunity as the US-China trade war escalation and worries over the Fed’s independence will continue to haunt markets.
🔻XAUUSD Spot Gold
💬Crucial Price Zones:
🔻SZ $3535/3565/3595/3636
🔺BZ $3434/3414/3385/3369
🟢Trump’s attacks on Fed’s Powell and fears over the US’s financial stability continue to power Gold price rally.
🔻Gold price could see a brief pullback
Gold price extends its record run into the second consecutive day on Tuesday as buyers increase buying positions with their sights on the $3,500 threshold. 🟢CMP $3495
Just as the US-China trade war-led US recession fears weren’t enough to sap investors’ confidence, US President Donald Trump doubled down on his criticism of Federal Reserve (Fed) Chairman Jerome Powell since last Friday, negatively impacting the already beleaguered US Dollar (USD), lifting the traditional safe-haven and the USD-denominated Gold price.
⚡️Despite the latest uptick in the US Dollar, this narrative remains a constant threat while rendering positive for the go-to safety bet – the Gold price:
Fed whisperer and Wall Street Journal’s (WSJ) Nick Timiraos said, "Trump is signalling that he will blame the Federal Reserve for any economic weakness resulting from his trade war if the central bank doesn’t cut interest rates soon. “In the process, he might also be seeking to delegitimize the historically independent institution in a way that could undermine its effectiveness,” Nick added.
🔴🔻A Pullback on the cards:
Looking ahead, Gold price could see a brief correction as traders will likely cash in on their longs, positioning for the notable US earnings on the docket this week, including Magnificent Seven members Tesla and Alphabet, and a host of high-profile industrials such as Boeing etc.
However, any dip in Gold price could be seen as a good buying opportunity as the US-China trade war escalation and worries over the Fed’s independence will continue to haunt markets.
🔻XAUUSD Spot Gold
💬Crucial Price Zones:
🔻SZ $3535/3565/3595/3636
🔺BZ $3434/3414/3385/3369
Piyush Lalsingh Ratnu
🔴The US-China trade war witnessed a significant escalation over the weekend after a Boeing jet intended for use by a Chinese airline landed back at the plane maker's US production hub due to China’s retaliatory move.
🔹Greenback remains vulnerable also as the US Federal Reserve’s (Fed) independence is threatened. “White House Economic Adviser Kevin Hassett said Friday that Trump and his team were studying if they could fire Federal Reserve Chair Jerome Powell, a sign that such a move, a matter of great consequence for the central bank's independence and global markets, is still an option,” per Reuters.
🔴A broadly softer US Dollar and increased haven demand continue to bode well for the traditional safe-haven Gold price. In the day ahead, Gold price could be subject to intense volatility as trading conditions remain thin on account of Easter Monday.|
💬It’s a relatively light week, in terms of US economic data, and hence, Gold price will remain at the mercy of Trump’s trade talks, risk sentiment and Fedspeak until the release of the S&P Global US flash PMI readings.
🔹Greenback remains vulnerable also as the US Federal Reserve’s (Fed) independence is threatened. “White House Economic Adviser Kevin Hassett said Friday that Trump and his team were studying if they could fire Federal Reserve Chair Jerome Powell, a sign that such a move, a matter of great consequence for the central bank's independence and global markets, is still an option,” per Reuters.
🔴A broadly softer US Dollar and increased haven demand continue to bode well for the traditional safe-haven Gold price. In the day ahead, Gold price could be subject to intense volatility as trading conditions remain thin on account of Easter Monday.|
💬It’s a relatively light week, in terms of US economic data, and hence, Gold price will remain at the mercy of Trump’s trade talks, risk sentiment and Fedspeak until the release of the S&P Global US flash PMI readings.
Piyush Lalsingh Ratnu
Gold price (XAU/USD) CMP $3393 as projected here: https://t.me/c/1654158888/15708, sticks to its strong intraday gains heading into the European session on Monday and currently trades near the all-time peak, well within striking distance of the $3,400 round figure. Trade-related uncertainties continue to weigh on investors' sentiment, which is evident from the underlying bearish sentiment around the global financial markets and benefits the safe-haven precious metal.
Furthermore, US President Donald Trump's back-and-forth tariff announcements have dented confidence in the US economy. This, along with bets that the Federal Reserve (Fed) will resume its rate-cutting cycle soon, drags the US Dollar (USD) to its lowest level since April 2022 and provides an additional boost to the non-yielding Gold price. The XAU/USD bulls, meanwhile, seem cautious with overbought conditions. I expect correct before Thursday 24 April 2025 H1A236 | $3366/3333 zone.
🔻Avoid BIG lots, maintain PG $50
GRID: $50 | Exit NAP
Crucial Price Zones:
Strategy: GR 11223355
🔺SZ $3400/3434/3464/3484
🔻BZ $3333/3303/3282/3262
🔴KEY Factors impacting XAUUSD:
🟢Investors remain worried about the potential economic fallout from US President Donald Trump's trade tariffs and the rapidly escalating US-China trade war, pushing the safe-haven Gold price to a fresh all-time peak on Monday. In fact, Trump recently imposed tariffs of up to 145% on certain Chinese goods, with some duties reportedly reaching 245%. In retaliation, China has levied tariffs of 125% on US products.
🟢Meanwhile, Trump's aggressive trade policies could hurt the world trade order and trigger a recession in the US. This, in turn, drags the US Dollar to its lowest level since April 2022 and further benefits the precious metal. The USD bulls shrugged off Federal Reserve Chair Jerome Powell's hawkish comments, saying that the central bank is well-positioned to wait for more clarity before making any changes to the policy stance.
🟢Furthermore, market participants are still pricing in the possibility that the Fed will resume its rate-cutting cycle in June and lower borrowing costs by a full percentage point by the end of this year. This turns out to be another factor that contributes to driving flows towards the non-yielding yellow metal, amid thin trading conditions on the back of the Easter Monday holiday and despite overbought conditions on the daily chart.
🟢Iran and the US agreed on Saturday to commence expert-level discussions to design a framework for a potential nuclear deal. Moreover, Russian President Vladimir Putin's one-day ceasefire in Ukraine on Saturday sparked hopes that tensions could de-escalate. This, however, does little to boost investors' confidence or dent demand for traditional safe-haven assets, supporting prospects for a further appreciation for the XAU/USD pair.
🟢There isn't any relevant market-moving economic data due for release from the US on Monday, though a scheduled speech from Chicago Fed President Austan Goolsbee might influence the USD. Apart from this, trade-related developments should provide some impetus to the commodity. The market focus will then shift to the release of flash PMIs on Wednesday, which should offer a fresh insight into the global economic health.
Furthermore, US President Donald Trump's back-and-forth tariff announcements have dented confidence in the US economy. This, along with bets that the Federal Reserve (Fed) will resume its rate-cutting cycle soon, drags the US Dollar (USD) to its lowest level since April 2022 and provides an additional boost to the non-yielding Gold price. The XAU/USD bulls, meanwhile, seem cautious with overbought conditions. I expect correct before Thursday 24 April 2025 H1A236 | $3366/3333 zone.
🔻Avoid BIG lots, maintain PG $50
GRID: $50 | Exit NAP
Crucial Price Zones:
Strategy: GR 11223355
🔺SZ $3400/3434/3464/3484
🔻BZ $3333/3303/3282/3262
🔴KEY Factors impacting XAUUSD:
🟢Investors remain worried about the potential economic fallout from US President Donald Trump's trade tariffs and the rapidly escalating US-China trade war, pushing the safe-haven Gold price to a fresh all-time peak on Monday. In fact, Trump recently imposed tariffs of up to 145% on certain Chinese goods, with some duties reportedly reaching 245%. In retaliation, China has levied tariffs of 125% on US products.
🟢Meanwhile, Trump's aggressive trade policies could hurt the world trade order and trigger a recession in the US. This, in turn, drags the US Dollar to its lowest level since April 2022 and further benefits the precious metal. The USD bulls shrugged off Federal Reserve Chair Jerome Powell's hawkish comments, saying that the central bank is well-positioned to wait for more clarity before making any changes to the policy stance.
🟢Furthermore, market participants are still pricing in the possibility that the Fed will resume its rate-cutting cycle in June and lower borrowing costs by a full percentage point by the end of this year. This turns out to be another factor that contributes to driving flows towards the non-yielding yellow metal, amid thin trading conditions on the back of the Easter Monday holiday and despite overbought conditions on the daily chart.
🟢Iran and the US agreed on Saturday to commence expert-level discussions to design a framework for a potential nuclear deal. Moreover, Russian President Vladimir Putin's one-day ceasefire in Ukraine on Saturday sparked hopes that tensions could de-escalate. This, however, does little to boost investors' confidence or dent demand for traditional safe-haven assets, supporting prospects for a further appreciation for the XAU/USD pair.
🟢There isn't any relevant market-moving economic data due for release from the US on Monday, though a scheduled speech from Chicago Fed President Austan Goolsbee might influence the USD. Apart from this, trade-related developments should provide some impetus to the commodity. The market focus will then shift to the release of flash PMIs on Wednesday, which should offer a fresh insight into the global economic health.
Piyush Lalsingh Ratnu
#XAUUSD #Gold #Forex #Trading
Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3,333 in Wednesday's North American session.
The precious metal remains an attractive investment amid heightening global trade tensions. The intensifying trade war between the United States (US) and China has forced financial market participants to stay on the safe-haven fleet, assuming that the tussle for dominance between them is painful for the global economy
Bullish sentiment continues to abound in gold though, which shows no sign of slowing down. It might be the ‘most crowded trade’ according to Bank of America’s latest survey, but so was ‘Long Tech’ for months at a time, and that didn’t stop investors from piling in. All this comes as inflation remains muted for now. It is the level of uncertainty in the macro outlook right now that makes gold so compelling.
Donald Trump has taken a step to reassess levies on vital minerals after Beijing announced a non-tariff barrier on their exports by establishing a licensing system. Earlier this month, Beijing also imposed export restrictions on six heavy rare earth metals and rare earth magnets.
Market experts worry that the US economy could be vulnerable without these minerals, as they barely produce them, given their application in many industries, including defence and technology.
Beijing has imposed restrictive controls on exports of rare minerals to the US in retaliation for hefty reciprocal tariffs imposed by Donald Trump on them. Till now, the US has raised additional duties on Chinese imports to 145%. At the same time, China has also imposed 125% tariffs on US imports. Meanwhile, Trump has declared a 90-day pause on reciprocal tariffs for the rest of his trading partners.
Co-relation:
A sharp upside in the Gold price is majorly driven by sheer weakness in the US Dollar (USD).
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 99.50, holding near its lowest level in three years. Technically, weakness in the US Dollar makes the Gold price an attractive bet for investors.
https://www.reddit.com/r/prgoldanalysis/comments/1k0p2rd/why_xauusd_price_shot_up_to_33003333_zone/
Gold price (XAU/USD) posts a fresh all-time high (ATH) near $3,333 in Wednesday's North American session.
The precious metal remains an attractive investment amid heightening global trade tensions. The intensifying trade war between the United States (US) and China has forced financial market participants to stay on the safe-haven fleet, assuming that the tussle for dominance between them is painful for the global economy
Bullish sentiment continues to abound in gold though, which shows no sign of slowing down. It might be the ‘most crowded trade’ according to Bank of America’s latest survey, but so was ‘Long Tech’ for months at a time, and that didn’t stop investors from piling in. All this comes as inflation remains muted for now. It is the level of uncertainty in the macro outlook right now that makes gold so compelling.
Donald Trump has taken a step to reassess levies on vital minerals after Beijing announced a non-tariff barrier on their exports by establishing a licensing system. Earlier this month, Beijing also imposed export restrictions on six heavy rare earth metals and rare earth magnets.
Market experts worry that the US economy could be vulnerable without these minerals, as they barely produce them, given their application in many industries, including defence and technology.
Beijing has imposed restrictive controls on exports of rare minerals to the US in retaliation for hefty reciprocal tariffs imposed by Donald Trump on them. Till now, the US has raised additional duties on Chinese imports to 145%. At the same time, China has also imposed 125% tariffs on US imports. Meanwhile, Trump has declared a 90-day pause on reciprocal tariffs for the rest of his trading partners.
Co-relation:
A sharp upside in the Gold price is majorly driven by sheer weakness in the US Dollar (USD).
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps to near 99.50, holding near its lowest level in three years. Technically, weakness in the US Dollar makes the Gold price an attractive bet for investors.
https://www.reddit.com/r/prgoldanalysis/comments/1k0p2rd/why_xauusd_price_shot_up_to_33003333_zone/
Piyush Lalsingh Ratnu
Trade with Confidence with Piyush Ratnu Gold Market Research
Subscribe one of the most accurate analysis in the industry: Spot Gold Analysis by Piyush Ratnu powered by 90+ technical and fundamental parameters with a verified and audited track record.
Current Trading Profit Status: 132%
Highest Drawdown Faced YTD: 35%
Highest profit/month booked: 102%
Highest loss/month booked: 24%
Check Trading Performance at:
Core Focus: #XAUUSD | Spot #Gold
Platform: MT4 MT5
Trading Mode: Manual + Algorithm | Automated: both available
Auto-Copy Trading: Available | Plug and Play Solution
Live Trading Feed Available | Real Time Analysis Available
Connect for an appointment at T.ME/PIYUSHRATNUOFFICIAL
Watch LIVE TRADING FEED
Real Time Trades by our proprietary trading algorithms at https://t.me/PiyushRatnu
Subscribe one of the most accurate analysis in the industry: Spot Gold Analysis by Piyush Ratnu powered by 90+ technical and fundamental parameters with a verified and audited track record.
Current Trading Profit Status: 132%
Highest Drawdown Faced YTD: 35%
Highest profit/month booked: 102%
Highest loss/month booked: 24%
Check Trading Performance at:
Core Focus: #XAUUSD | Spot #Gold
Platform: MT4 MT5
Trading Mode: Manual + Algorithm | Automated: both available
Auto-Copy Trading: Available | Plug and Play Solution
Live Trading Feed Available | Real Time Analysis Available
Connect for an appointment at T.ME/PIYUSHRATNUOFFICIAL
Watch LIVE TRADING FEED
Real Time Trades by our proprietary trading algorithms at https://t.me/PiyushRatnu
Piyush Lalsingh Ratnu
XAUUSD Co-relations Alert
USD S 45
Us10YT -
DXY -
USDJPY (-) 158.000 - 156.800
1200 P (-)
🟢Possible impact on XAUUSD
$40+
$2670+40 = $2710
$2707/2717/2727 on radar.
📌Reversal scenario:
USDJPY + 1000 P
= XAUUSD - $30= $2686 - 30= $2656
M30A100
H1AS2
H4AS5 zone
🆘Important data ahead:
12 min USDCore CPI (YoY) (Dec) 3.3%3.3%
12 min USDCore CPI (MoM) (Dec) 0.3%0.3%
12 min USDCPI (MoM) (Dec) 0.4%0.3%
12 min USDCPI (YoY) (Dec) 2.9%2.7%
#XAUUSD #Gold #Forex #TradingTips
USD S 45
Us10YT -
DXY -
USDJPY (-) 158.000 - 156.800
1200 P (-)
🟢Possible impact on XAUUSD
$40+
$2670+40 = $2710
$2707/2717/2727 on radar.
📌Reversal scenario:
USDJPY + 1000 P
= XAUUSD - $30= $2686 - 30= $2656
M30A100
H1AS2
H4AS5 zone
🆘Important data ahead:
12 min USDCore CPI (YoY) (Dec) 3.3%3.3%
12 min USDCore CPI (MoM) (Dec) 0.3%0.3%
12 min USDCPI (MoM) (Dec) 0.4%0.3%
12 min USDCPI (YoY) (Dec) 2.9%2.7%
#XAUUSD #Gold #Forex #TradingTips
Piyush Lalsingh Ratnu
📌XAUUSD important price zones
M30AS5 M30AS2 confluence @ $2675
H1AS2 H1AS5 X $2672
H1A50 $2672
H1A618 $2664
🍎Support zones BZ
S1 $2674
S2 $2662
🍎Resistance zones SZ
R2 $2692
R3 $2703
R4 $2710
M30AS5 M30AS2 confluence @ $2675
H1AS2 H1AS5 X $2672
H1A50 $2672
H1A618 $2664
🍎Support zones BZ
S1 $2674
S2 $2662
🍎Resistance zones SZ
R2 $2692
R3 $2703
R4 $2710
Piyush Lalsingh Ratnu
How to trade Spot Gold XAUUSD accurately in 2025 | Price Projection by Piyush Ratnu | XAUUSD $3030/3232 in 2025?
Analysis: https://www.reddit.com/r/prgoldanalysis/comments/1hko2qn/how_to_trade_spot_gold_xauusd_accurately_in_2025/?rdt=44273
Analysis: https://www.reddit.com/r/prgoldanalysis/comments/1hko2qn/how_to_trade_spot_gold_xauusd_accurately_in_2025/?rdt=44273
Piyush Lalsingh Ratnu
🟢XAUUSD CMP $2752
M5A0.0 achieved
M15A100 $2740
M30A100 $2727
H1A100 $2717
Ideal BUY ZONES below M30A100
M5A0.0 achieved
M15A100 $2740
M30A100 $2727
H1A100 $2717
Ideal BUY ZONES below M30A100
Piyush Lalsingh Ratnu
Gold price has lost its two-day recovery momentum, trading below $2,750 amid a quiet start to a big week on Monday. Gold buyers did find acceptance above the $2,740 static resistance on Friday but the further upside appears elusive on resurgent US Dollar (USD) demand.
Japan Elections:
The coalition led by Japan's ruling Liberal Democratic Party (LDP) has lost its majority in parliament, its worst result in over a decade.
Impact USDJPY +1000P at MO
The USD resumes the recent uptrend, drawing safe-haven demand amid further escalation in the Middle East tensions and uncertainty around the November 5 US presidential election.
Israel attacked Iran with a series of airstrikes early Saturday, saying it was targeting military sites in retaliation for the barrage of ballistic missiles the latter fired upon Israel on October 1, 2024.
Markets are wagering a less aggressive easing cycle by the US Federal Reserve (Fed) on US economic resilience, which keeps the sentiment around the Greenback underpinned at the expense of the Gold price.
The downside of the Gold price remains capped due to renewed expectations of more stimulus measures from China. China’s Vice Minister of Finance Liao Min said earlier that the country will step up countercyclical adjustments of its macro policies to bolster economic recovery in the fourth quarter.
China🇨🇳 is the world’s biggest Gold consumer and hence, hopes of an increase in physical demand for Gold on stimulus optimism favors buyers.
Further, the festive season of DIWALI🪔 in India🇮🇳 – the world’s no.2 yellow metal market – could also lend support to the bright metal.
🟢Current Status: Buy Dips XAUUSD
Equities sideways, USD weaker in proportion to past track record, cryptos sideways, oil weaker, metals weaker, JPY weaker (hence supporting +USDJPY)
Important US macro releases this week – the Advance Q3 GDP report, the Personal Consumption Expenditures (PCE) Price Index and the closely-watched Nonfarm Payrolls (NFP) report. This, in turn, warrants caution before placing aggressive bearish bets around the XAU/USD.
🟢 Crucial Price Zones this week: Refer our Telegram Channel.
Connect at t.me/PiyushRatnuOfficial on Telegram
Japan Elections:
The coalition led by Japan's ruling Liberal Democratic Party (LDP) has lost its majority in parliament, its worst result in over a decade.
Impact USDJPY +1000P at MO
The USD resumes the recent uptrend, drawing safe-haven demand amid further escalation in the Middle East tensions and uncertainty around the November 5 US presidential election.
Israel attacked Iran with a series of airstrikes early Saturday, saying it was targeting military sites in retaliation for the barrage of ballistic missiles the latter fired upon Israel on October 1, 2024.
Markets are wagering a less aggressive easing cycle by the US Federal Reserve (Fed) on US economic resilience, which keeps the sentiment around the Greenback underpinned at the expense of the Gold price.
The downside of the Gold price remains capped due to renewed expectations of more stimulus measures from China. China’s Vice Minister of Finance Liao Min said earlier that the country will step up countercyclical adjustments of its macro policies to bolster economic recovery in the fourth quarter.
China🇨🇳 is the world’s biggest Gold consumer and hence, hopes of an increase in physical demand for Gold on stimulus optimism favors buyers.
Further, the festive season of DIWALI🪔 in India🇮🇳 – the world’s no.2 yellow metal market – could also lend support to the bright metal.
🟢Current Status: Buy Dips XAUUSD
Equities sideways, USD weaker in proportion to past track record, cryptos sideways, oil weaker, metals weaker, JPY weaker (hence supporting +USDJPY)
Important US macro releases this week – the Advance Q3 GDP report, the Personal Consumption Expenditures (PCE) Price Index and the closely-watched Nonfarm Payrolls (NFP) report. This, in turn, warrants caution before placing aggressive bearish bets around the XAU/USD.
🟢 Crucial Price Zones this week: Refer our Telegram Channel.
Connect at t.me/PiyushRatnuOfficial on Telegram
Piyush Lalsingh Ratnu
Trade with Confidence with Piyush Ratnu Gold Market Research
Subscribe one of the most accurate analysis in the industry: Spot Gold Analysis by Piyush Ratnu powered by 90+ technical and fundamental parameters with a verified and audited track record.
Current Trading Profit Status: 112%
Highest Drawdown Faced YTD: 8%
Highest profit/month booked: 42%
Highest loss/month booked: 5%
Check Trading Performance at:
Core Focus: #XAUUSD | Spot #Gold
Platform: MT4 MT5
Trading Mode: Manual + Automated BOTH available
Auto-Copy Trading: Available | Plug and Play Solution
* Live Trading Feed Available
*Real Time Analysis Available
Subscribe one of the most accurate analysis in the industry: Spot Gold Analysis by Piyush Ratnu powered by 90+ technical and fundamental parameters with a verified and audited track record.
Current Trading Profit Status: 112%
Highest Drawdown Faced YTD: 8%
Highest profit/month booked: 42%
Highest loss/month booked: 5%
Check Trading Performance at:
Core Focus: #XAUUSD | Spot #Gold
Platform: MT4 MT5
Trading Mode: Manual + Automated BOTH available
Auto-Copy Trading: Available | Plug and Play Solution
* Live Trading Feed Available
*Real Time Analysis Available
Piyush Lalsingh Ratnu
XAUUSD Spot Gold | $2740-2717 achieved today:
I had projected this trading scenario in advance on 13 July 2024, 18 July 2024:
You can cross verify this remarkable analysis here:
https://x.com/piyushratnu/status/1813560415332245606
Algorithm PRSRSDBS D1 AG1K Chart Structure by Piyush Ratnu Gold Market Research
I had projected this trading scenario in advance on 13 July 2024, 18 July 2024:
You can cross verify this remarkable analysis here:
https://x.com/piyushratnu/status/1813560415332245606
Algorithm PRSRSDBS D1 AG1K Chart Structure by Piyush Ratnu Gold Market Research
Piyush Lalsingh Ratnu
XAUUSD $2711 achieved, as projected on 17.10.2024 at 11.41 hours, before Core Retails Sales Data.
CRS IJC and CJC data was +, however XAUUSD breached the mark of $2700 due to geo-political tensions.
CRS IJC and CJC data was +, however XAUUSD breached the mark of $2700 due to geo-political tensions.
Piyush Lalsingh Ratnu
Gold price (XAU/USD) trades with a positive bias for the second straight day and sticks to its intraday gains near the $2,685 zone ($2682 today’s high), or a three-week peak through the first half of the European session on Wednesday.
Against the backdrop of persistent geopolitical risks, the disappointment over the lack of details about China's fiscal stimulus temper investors' appetite for riskier assets. This is evident from a weaker tone around the equity markets and turns out to be a key factor benefiting the safe-haven precious metal.
Against the backdrop of persistent geopolitical risks, the disappointment over the lack of details about China's fiscal stimulus temper investors' appetite for riskier assets. This is evident from a weaker tone around the equity markets and turns out to be a key factor benefiting the safe-haven precious metal.
Piyush Lalsingh Ratnu
XAU/USD 4-hour Chart Analysis
The short-term trend has switched to bearish, from previously being sideways, after Gold broke down from its narrow range and decisively breached its long-term trendline on Tuesday. Given the technical analysis principle that “the trend is your friend,” the odds favor a continuation lower in the near term.
A break below support at $2,600 (August 18 high, round number) would probably indicate further weakness toward the next downside target at $2,578, where the green 200-period Simple Moving Average (SMA) on the 4-hour chart above is likely to provide a safety net ($2585 zone).
Bears should proceed with caution, however, as the medium and long-term trends remain bullish. If, at any moment, one of these longer up cycles resumes, Gold could stall, reverse, and begin a new up leg higher.
US Election Ahead.
The short-term trend has switched to bearish, from previously being sideways, after Gold broke down from its narrow range and decisively breached its long-term trendline on Tuesday. Given the technical analysis principle that “the trend is your friend,” the odds favor a continuation lower in the near term.
A break below support at $2,600 (August 18 high, round number) would probably indicate further weakness toward the next downside target at $2,578, where the green 200-period Simple Moving Average (SMA) on the 4-hour chart above is likely to provide a safety net ($2585 zone).
Bears should proceed with caution, however, as the medium and long-term trends remain bullish. If, at any moment, one of these longer up cycles resumes, Gold could stall, reverse, and begin a new up leg higher.
US Election Ahead.
Piyush Lalsingh Ratnu
US10YT RT +
USDJPY RT +
DXY RT +
USD S 30
JPY S 75
Ideal scenario:
BUY XAUUSD below S2
USDJPY RT +
DXY RT +
USD S 30
JPY S 75
Ideal scenario:
BUY XAUUSD below S2
Piyush Lalsingh Ratnu
Gold (XAU/USD) reversed back in the $2,626 on Thursday after temporarily correcting back following the release of US inflation and jobs data.
Although the inflation data revealed upside price pressures, the labor market data was weaker than expected, and given the Federal Reserve's prioritisation of safeguarding employment over fighting inflation, suggests a greater chance the bank will maintain a pro-easing stance.
This, in turn, suggests it will go ahead and cut interest rates at its next policy meeting. Lower interest rates are bullish for Gold as they reduce the opportunity cost of holding the non-interest paying asset.
Question worth observation is: rate cut by 25 or 50 bps?
Gold might be underpinned, however, as it continues to attract safe-haven flows amid elevated geopolitical tensions. Israel keeps up its attacks on targets in Lebanon, and markets remain on tenterhooks anticipating a retaliatory attack by Israel on Iran after its ballistic rocket raid last week.
In terms of the latest developments, the White House confirmed Israeli Prime Minister Benjamin Netanyahu spoke with US President Joe Biden on Wednesday, but nothing was mentioned about Israel’s potential retaliation against Iran.
The Biden administration is pressing Israel to limit its retaliation to military targets, according to Bloomberg News and Axios News reported that Netanyahu will convene Israel’s security cabinet today.
Although the inflation data revealed upside price pressures, the labor market data was weaker than expected, and given the Federal Reserve's prioritisation of safeguarding employment over fighting inflation, suggests a greater chance the bank will maintain a pro-easing stance.
This, in turn, suggests it will go ahead and cut interest rates at its next policy meeting. Lower interest rates are bullish for Gold as they reduce the opportunity cost of holding the non-interest paying asset.
Question worth observation is: rate cut by 25 or 50 bps?
Gold might be underpinned, however, as it continues to attract safe-haven flows amid elevated geopolitical tensions. Israel keeps up its attacks on targets in Lebanon, and markets remain on tenterhooks anticipating a retaliatory attack by Israel on Iran after its ballistic rocket raid last week.
In terms of the latest developments, the White House confirmed Israeli Prime Minister Benjamin Netanyahu spoke with US President Joe Biden on Wednesday, but nothing was mentioned about Israel’s potential retaliation against Iran.
The Biden administration is pressing Israel to limit its retaliation to military targets, according to Bloomberg News and Axios News reported that Netanyahu will convene Israel’s security cabinet today.
Piyush Lalsingh Ratnu
#CPI #DOllar #ForexMarket #forextrading #XAUUSD #Gold #Education #Inflation #InterestRate
XAUUSD current status:
Above PPZ R1 H4A382 $2616 zone
XAUUSD Further crash:
(-) H4A50 $2585 H4A618 $2556
XAUUSD Reversal:
(+) H4V236 $2636 H4V0.0 $2685
#PiyushRatnu | t.me/piyushratnuofficial
XAUUSD current status:
Above PPZ R1 H4A382 $2616 zone
XAUUSD Further crash:
(-) H4A50 $2585 H4A618 $2556
XAUUSD Reversal:
(+) H4V236 $2636 H4V0.0 $2685
#PiyushRatnu | t.me/piyushratnuofficial
Piyush Lalsingh Ratnu
The Japanese Yen (JPY) holds ground against the US Dollar (USD) following the Bank of Japan (BoJ) policy decision on Friday, keeping its interest rate at 0.15%, as highly expected. Additionally, Japan's Consumer Price Index (CPI) increased to 3.0% year-on-year in August, up from 2.8% previously, marking the highest level since October 2023. Additionally, the Core National CPI, excluding fresh food, reached a six-month high of 2.8%, rising for the fourth consecutive month and in line with market expectations.
The downside of the USD/JPY pair is supported by a weaker US Dollar (USD) as expectations grow for additional rate cuts by the US Federal Reserve (Fed) by the end of 2024. The latest dot plot projections indicate a gradual easing cycle, with the 2024 median rate revised to 4.375%, down from the 5.125% forecast in June.
#USDJPY #Yen #Dollar #Forex #Trading
The downside of the USD/JPY pair is supported by a weaker US Dollar (USD) as expectations grow for additional rate cuts by the US Federal Reserve (Fed) by the end of 2024. The latest dot plot projections indicate a gradual easing cycle, with the 2024 median rate revised to 4.375%, down from the 5.125% forecast in June.
#USDJPY #Yen #Dollar #Forex #Trading