txscoins.xyz Open in urlscan Pro
2606:4700:3034::ac43:a730  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Please download Trust wallet first
This website is based on Ethernet smart contract operation, please use Trust
wallet browser to access
Search


Announcement on the Upgrade of Close Position Function for Contracts
About the Shapella Upgrade on the Ethereum Network
Announcement regarding temporary network optimization upgrade
Security Announcement Regarding Preventing Phishing and Fraudulent Messages
Announcement Regarding Delisting of Selected Spot Trading Pairs
Quality assurance review
Friendly Reminder
Trade
Gold Trading
Earn
Loan
Demo trading
C2C
Referral
Support
XAU
/USDT
0.41%
2,506.94

BTC
/USDT
4.24%
57,204.50

ETH
/USDT
2.64%
2,357.90

Futures
Forex
Crypto
Favorites

name
Last Price
24H Chg%
XAU
/USDT
3881498370.59K
2,506.94
≈$2,506.94
+0.41%
AHD
AHD
/USDT
2161007548.56K
2,362.75
≈$2,362.75
+0.91%
BO
BO
/USDT
55435632.02K
40.534
≈$40.534
+2.22%
C
C
/USDT
454603534.44K
407.32
≈$407.32
+0.28%
CAD
CAD
/USDT
1400159.44K
0.73750
≈$0.73750
+0.01%
CC
CC
/USDT
4800261930.50K
7,483.80
≈$7,483.80
+4.62%
View More >
News
Gold suddenly has a big market! Gold price plunges to US$2,490 in short-term
gold trading analysis by well-known institutions
2024-09-09 23:44:22
#GoldTechnicalAnalysis#24K99 News At the end of the Asian market on Monday
(September 9), spot gold suddenly fell rapidly in the short term. The price of
gold just fell below the US$2,490/ounce mark, and fell by nearly US$10 within
the day. Economies.com, a well-known financial information website, wrote its
latest article on Monday to analyze the technical prospects of gold during the
day.

Analysts pointed out that the U.S. dollar index maintained its intraday rebound
trend and is currently located near 101.40, which put pressure on gold prices.

(Spot gold 5-minute chart source: 24K99)

According to Economies.com, gold prices are currently facing bearish pressure.
Once gold prices fall below $2,483.40 per ounce, this will halt the expected
bullish trend and promote a larger correction in gold prices.

(Screenshot source: Economies.com)

Spot gold closed down $19.33, or 0.77%, on Friday at $2,497.25 per ounce. After
the non-farm payrolls report was released, the price of gold fell sharply to
$2,484.91 per ounce.

Analysts pointed out that the reason for the sharp fall in gold prices last
Friday was that the non-farm payrolls data was mixed, making the market doubtful
about the scale of the Federal Reserve's interest rate cut this month.

Third Party Advertising. Not a product or recommendation from Investing.com.
Click here to view the statement or remove the ad.
The U.S. non-farm employment report released last Friday was mixed. The number
of new non-farm jobs in August was 142,000, which was far lower than the 165,000
expected by economists. The previous value was significantly lowered from
114,000 to 89,000. , but the U.S. unemployment rate dropped from 4.3% to 4.2% in
August, the first decline in five months.

Economies.com wrote in the article that the decline in gold prices last Friday
stopped near the level of $2,483.40 per ounce, and then began to rebound,
suggesting that gold prices will recover again. Judging from the golden 4-hour
chart, the stochastic indicator sends a positive signal. Gold prices are
expected to be in a bullish trend over the next few trading sessions, with the
first bullish objective being a test of $2,540.00 per ounce.

(Spot gold 4-hour chart source: Economies.com)

Economies.com said that if gold prices break through $2,500.00 per ounce, this
will help push gold prices to reach the waiting bullish target. On the other
hand, once gold prices fall below $2,483.40 per ounce, this will push gold
prices to test the bullish trend line near $2,455.00 per ounce before
re-attempting the rise.

Economies.com predicts that gold prices today will trade between the support
level of $2,485.00 per ounce and the resistance level of $2,520.00 per ounce.

Economies.com said the expected trend for gold prices today is bullish.

More >
Positive(53124)
Negative(28431)
Gold market analysis: U.S. non-agricultural data is mixed, gold continues to
fluctuate at high levels
2024-09-09 23:40:53
On Friday (September 6), spot gold closed at $2,516.36 per ounce, basically the
same as the previous trading day's closing price. It also hit a high of
$2,529.04 earlier in the session. The U.S. employment report released on Friday
was mixed, leaving the market divided on the extent of the Federal Reserve's
interest rate cut later this month. As a result, gold has continued to fluctuate
from highs to highs.



The U.S. Department of Labor reported that non-farm payrolls increased by
142,000 jobs in August, while economists polled by Reuters expected 160,000
jobs. July's increase was revised down to 89,000. However, the unemployment rate
was 4.2%, in line with expectations and down from 4.3% a month ago. Aakash
Doshi, head of commodities for North America at Citi Research, said there is
still a lot of controversy among gold traders over whether the Federal Reserve
will cut interest rates by 50 basis points or 25 basis points on September 18,
and gold prices are also reacting to this. The focus of the controversy is that
Friday's non-farm payrolls report made significant downward revisions to both
June and July non-farm employment data, causing the market to believe that signs
of a recession in the U.S. economy are becoming increasingly apparent. But
according to the CME FedWatch Tool, traders currently believe there is a 73%
chance of a 25 basis point rate cut this month and a 27% chance of a 50 basis
point rate cut. This shows that the chances of the Federal Reserve cutting
interest rates by 50 basis points this month are slim. But in any case, it is an
indisputable fact that the Federal Reserve will start cutting interest rates in
September and the U.S. dollar's high interest rate cycle will be reversed. New
York Fed President Williams said a rate cut soon would help keep the job market
balanced. Fed Governor Waller also said that "the time has come" to start a
series of interest rate cuts, adding that he was open to the extent and pace of
interest rate cuts. This week will also see the release of the U.S. CPI report,
which is the final inflation report before the Federal Reserve’s September 17-18
policy meeting and may affect bets on the Fed’s interest rate cuts. If more
signs of price pressures easing eventually emerge, it will strengthen bets on
deeper U.S. interest rate cuts, which may be a welcome development opportunity
for zero-yielding gold. However, we also need to guard against unexpectedly
strong inflation, which will lead to the emergence of an increase in gold
correction pressure.



From a technical perspective, looking at the daily chart, gold is still in a
wide range of fluctuations. The key resistance level above is still the
historical high of $2,532, and the strong support below is the low of $2,473
reached last week. In terms of technical indicators, the short-term does not
seem to be conducive to gold bulls, and there seems to be signs of top
divergence. Once the low of $2,473 in the above-mentioned high and volatile area
falls below, you need to be careful that gold enters a period of decline and
adjustment. Only by breaking through the record high of $2,532 can we hope to
continue climbing to a higher peak.

More >
Positive(35461)
Negative(18234)
Gold confirms activation of bullish scenario! Well-known institutions: Gold
prices are expected to rise by nearly $20
2024-09-07 01:35:50
#GoldTechnicalAnalysis#24K99 News: At the end of the Asian market on Friday
(September 6), spot gold maintained its intraday rebound trend, and the price of
gold has exceeded US$2,520 per ounce. Economies.com, a well-known financial
information website, wrote its latest article on Friday to analyze the technical
prospects of gold during the day.

According to Economies.com, gold has confirmed activation of the bullish
scenario and is expected to first rise to $2,540.00 per ounce.

Driven by the weakening of the U.S. dollar, spot gold closed up $21.36, or
0.86%, on Thursday at $2,516.58 per ounce.

Investors will welcome the U.S. non-farm payrolls report for August. Economists
predict that the U.S. non-farm payrolls are expected to increase by 160,000 in
August, after an increase of 114,000 in July; the U.S. unemployment rate may
drop from 4.3% to 4.2% in August.

Han Tan, chief market analyst at Exinity Group, said: “If the unemployment rate
in August is the same as July’s 4.3% (the highest level since 2021), then gold
prices will return as the market increases bets on a sharp interest rate cut.
Historical high."

Economies.com wrote in the article that after gold prices broke through the
$2,500.00/ounce mark, they confirmed the activation of a bullish scenario, thus
strengthening expectations for further rises in gold prices in the coming
period. Gold prices are currently waiting to test the next bullish target of
$2,540.00 per ounce. Breaking this level is a key factor for gold prices to
further rebound towards the $2,600.00 per ounce barrier.

(Spot gold 4-hour chart source: Economies.com)

According to Economies.com, we therefore expect gold prices to reach new
all-time highs in the coming period. What needs to be taken into consideration
is that the price of gold remains consolidated above $2,500.00 per ounce, which
is the first condition for gold to continue its upward trend; once it falls
below this level, it will cause the price of gold to suffer an intraday decline
and test the first bearish target of $2,483.40. /ounce.

Economies.com predicts that gold prices today will trade between the support
level of $2,500.00 per ounce and the resistance level of $2,540.00 per ounce.

Economies.com said the expected trend for gold prices today is bullish.

More >
Positive(54612)
Negative(34561)
View More >


Home
Markets
Spot
Contracts
Assets