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Piyush Lalsingh Ratnu
🆘 Co-relations Alert: USDJPY crashing to 18.01.2024 price zone: 147.900-147.600, XAUUSD as a result might march towards 18.01.2024 price zone: 2048-2054.
US10YT -
USDJPY -
USD S 27
JPY S 60
AUD S 90
XAUXAG 89.24
Avoid Big lots, implement risk management.
US10YT -
USDJPY -
USD S 27
JPY S 60
AUD S 90
XAUXAG 89.24
Avoid Big lots, implement risk management.
Piyush Lalsingh Ratnu
Fresh reports hit the wires earlier this morning that Iran-backed Houthi terrorists launched two anti-ship ballistic missiles at M/V Chem Ranger, a Marshall Island-flagged, U.S.-Owned, Greek-operated tanker ship. This comes after the United States (US) launched new strikes against Houthi anti-ship missiles aimed at the Red Sea on Thursday.
Escalating geopolitical tensions in the Red Sea fuels worries of the strife becoming a wider regional conflict, underpinning the safe-haven demand for the Gold price.
Despite traders cutting bets for aggressive US Federal Reserve (Fed) interest rate cuts this year, Gold price stands resilient.
Easing Fed rate cut bets got bolstered after strong US jobs data on Thursday, which showed weekly Initial Jobless Claims fell to their lowest level in nearly 1-1/2 years, suggesting tighter labor market conditions. The tempered Fed rate cut outlook offered a fresh life to the US Dollar notwithstanding the tech rally on Wall Street.
The probability for a March Fed rate cut is now below 60%, the CME Group’s FedWatch Tool, as against a roughly 75% chance seen at the start of the week. Strong Retail Sales data from the US and the recent hawkish Fed commentary have also contributed to the change in the Fed expectations.
Escalating geopolitical tensions in the Red Sea fuels worries of the strife becoming a wider regional conflict, underpinning the safe-haven demand for the Gold price.
Despite traders cutting bets for aggressive US Federal Reserve (Fed) interest rate cuts this year, Gold price stands resilient.
Easing Fed rate cut bets got bolstered after strong US jobs data on Thursday, which showed weekly Initial Jobless Claims fell to their lowest level in nearly 1-1/2 years, suggesting tighter labor market conditions. The tempered Fed rate cut outlook offered a fresh life to the US Dollar notwithstanding the tech rally on Wall Street.
The probability for a March Fed rate cut is now below 60%, the CME Group’s FedWatch Tool, as against a roughly 75% chance seen at the start of the week. Strong Retail Sales data from the US and the recent hawkish Fed commentary have also contributed to the change in the Fed expectations.
Piyush Lalsingh Ratnu
As projected yesterday at 17.30 hours: XAUUSD target price $2028 achieved. CMP $2029.
Piyush Lalsingh Ratnu
Co-relations Alert:
600 pips crash witnessed in USDJPY
Projected Impact on XAUUSD: $15
Price rise witnessed in XAUUSD: $9
600 pips crash witnessed in USDJPY
Projected Impact on XAUUSD: $15
Price rise witnessed in XAUUSD: $9
Piyush Lalsingh Ratnu
USDJPY CMP $148.350
XAUUSD CMP $2014
XAUUSD: S2 on Radar (2002)
USDJPY: R2 on radar (148.555)
XAUUSD CMP $2014
XAUUSD: S2 on Radar (2002)
USDJPY: R2 on radar (148.555)
Piyush Lalsingh Ratnu
16.01.2024 | XAUUSD : Price Forecast | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu
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Piyush Lalsingh Ratnu
Crucial US Economic Data scheduled today:
17:30 USD Core Retail Sales (MoM) (Dec) 0.2% 0.2%
High Volatility expected: $20-30
Stay Alert, avoid Big lots, implement money management.
🟢Crucial Price Targets:
BZ: $1985/1975/1966
SZ: $2042/2054/2069
17:30 USD Core Retail Sales (MoM) (Dec) 0.2% 0.2%
High Volatility expected: $20-30
Stay Alert, avoid Big lots, implement money management.
🟢Crucial Price Targets:
BZ: $1985/1975/1966
SZ: $2042/2054/2069
· 1
Piyush Lalsingh Ratnu
✔️ as projected on 12.01.2024:
♾If USDJPY hits the resistance zone 146.500/146.800, XAUUSD might crash towards $2009 zone.
🆘Today's low witnessed: $2019 CMP
Co-relations witnessed once again, in perfect format.
♾If USDJPY hits the resistance zone 146.500/146.800, XAUUSD might crash towards $2009 zone.
🆘Today's low witnessed: $2019 CMP
Co-relations witnessed once again, in perfect format.
Piyush Lalsingh Ratnu
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Piyush Lalsingh Ratnu
USDJPY 147.100
XAUXAG 88.59
US10YT 4.067
DXY 103.130
Impact (-) on GOLD: CMP XAUUSD: 2026
XAUXAG 88.59
US10YT 4.067
DXY 103.130
Impact (-) on GOLD: CMP XAUUSD: 2026
Piyush Lalsingh Ratnu
15.01.2024 | XAUUSD : Price Forecast | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu
Subscribe to our Telegram channel to receive live analysis without delay
Subscribe to our Telegram channel to receive live analysis without delay
Piyush Lalsingh Ratnu
12.01.2024 | XAUUSD : Price Forecast | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu
Subscribe to our Telegram channel to receive live analysis without delay
Subscribe to our Telegram channel to receive live analysis without delay