{"id":625,"date":"2025-02-07T10:09:31","date_gmt":"2025-02-07T10:09:31","guid":{"rendered":"https:\/\/theforexgem.com\/?p=625"},"modified":"2025-02-07T10:14:24","modified_gmt":"2025-02-07T10:14:24","slug":"trading-view-of-gold","status":"publish","type":"post","link":"https:\/\/theforexgem.com\/index.php\/2025\/02\/07\/trading-view-of-gold\/","title":{"rendered":"Trading View Of Gold"},"content":{"rendered":"\n

Gold prices rose in the morning Today, remaining in sight of recent record highs as traders favored safe havens amid uncertainty before key U.S. nonfarm payrolls data. Gold was set for strong weekly gains as a renewed trade war between the U.S. and China spurred haven demand, while weakness in the dollar also helped.\u00a0 Fears of renewed tensions in the Middle East, after U.S. President Donald Trump claimed that the U.S. would take over the Gaza strip, also fueled some haven demand for gold.\u00a0<\/p>\n\n\n\n

Spot gold rose 0.2% to $2,862.67 an ounce, while gold futures rose 0.3% to $2,884.81 an ounce by 00:58 ET (05:58 GMT). Spot prices were up 2.4% this week.\u00a0<\/p>\n\n\n\n

CURRENTLY GOLD IS MOVING ON<\/mark> DOWN TREND<\/mark>.<\/strong><\/p>\n\n\n\n

Expecting correction up to 2870.50<\/p>\n\n\n\n

Today’s important levels for trading are 2913.66, 2893.43, 2874.55, 2854.32, 2835.44, 2815.21, 2796.33<\/p>\n\n\n\n

Trading Strategy for today:<\/mark> Sell on Rise<\/mark><\/strong><\/p>\n\n\n\n

Trade setup:<\/mark><\/strong><\/p>\n\n\n\n

Pullback Sell around 2870.50 Higher Sell around 2880.50<\/p>\n\n\n\n

Safe swing sell below 2854.50
Safe swing buy above 2885.50<\/p>\n\n\n\n

Important Event : <\/strong>
\ud83d\udd34 Average Hourly Earnings m\/m
\ud83d\udd34 Non-Farm Employment Change
\ud83d\udd34 Unemployment Rate
\ud83d\udfe0 Prelim UoM Consumer Sentiment
\ud83d\udfe0 Prelim UoM Inflation Expectations<\/p>\n\n\n\n

Remark: This market analysis is published to increase your awareness, but not to give instructions to make a trade.<\/mark><\/h6>\n","protected":false},"excerpt":{"rendered":"

Gold prices rose in the morning Today, remaining in sight of recent record highs as traders favored safe havens amid uncertainty before key U.S. nonfarm payrolls data. Gold was set for strong weekly gains as a renewed trade war between the U.S. and China spurred haven demand, while weakness in the dollar also helped.\u00a0 Fears […]<\/p>\n","protected":false},"author":1,"featured_media":626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\nTrading View Of Gold - TheForexgem<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theforexgem.com\/index.php\/2025\/02\/07\/trading-view-of-gold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading View Of Gold - TheForexgem\" \/>\n<meta property=\"og:description\" content=\"Gold prices rose in the morning Today, remaining in sight of recent record highs as traders favored safe havens amid uncertainty before key U.S. nonfarm payrolls data. 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