The Flying Ruby

XAUUSD Done our 1st target🎯made low 2498.05😍booked profit 550$/ 44000/-Inr💰💸🤩🔥🎉 2515 se 2502🎯✔️

Our Todays XAUUSD Level🤩🔥

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• Analyst Forecasts Gold to Reach $2,600 by Year-End Gold prices have paused after reaching a historic peak of over $2,500, as investors await the Federal Reserve’s next move at the Jackson Hole symposium. UBS projects that gold could hit $2,600 by the end of the year, driven by safe-haven demand and potential Federal Reserve interest rate cuts. Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole could signal a rate cut, potentially impacting gold prices and market sentiment.

• USB Analyst Forecasts Gold to Reach $2,600 by Year-End Gold prices have paused after reaching a historic peak of over $2,500, as investors await the Federal Reserve’s next move at the Jackson Hole symposium. UBS projects that gold could hit $2,600 by the end of the year, driven by safe-haven demand and potential Federal Reserve interest rate cuts. Federal Reserve Chair Jerome Powell’s upcoming speech at Jackson Hole could signal a rate cut, potentially impacting gold prices and market sentiment.

•Gold hits another record high An almost uninterrupted rally since last October has taken gold to a fresh record, and up +20% year-to-date. Demand from family offices, rich individuals, central banks and price momentum keep gold supported ETF investors are showing signs of life as the first US rate cut draws nearer 

•CHINA’s Gold Imports Tumble Again as Record Prices Deter Buyers: Chinese consumers continued to pull back on gold purchases last month, as record prices and a sustained economic slowdown curbed demand in the world’s biggest bullion-buying nation.

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TOP STORIES -US stocks 'climb wall of worry' before Jackson Hole. -Indian gaming stocks set for growth with government support. -Tata Consumer Products closes rights issue worth Rs 3,000 crore. -NCLT approves merger of slice with North East Small Finance Bank. -Pine Labs gets NCLT approval for merger of its Indian and Singaporean entities.

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⚠️Gold prices rose to an all-time high on Friday as a cocktail of factors ranging from a weaker dollar, growing expectations for a U.S. interest-rate cut in September to geopolitical tensions in the Middle East bolstered demand for bullion.

⚠️Gold Soars to New Heights: 2024 Declared ‘The Year of The Metals” On Friday, Gold prices skyrocketing to a new all-time record high of $2,505 an ounce till now. surpassing the precious metals previous all-time high of $2,483 an ounce set only last month. Gold has been on an unstoppable run since October last year, surging from near the $1,800 level to score back-to-back all-time record highs – not once, not twice, but on multiple occasions this year.

Gold done finall target🎯made high 70855😍🔥😄💥🎉💃 70400 se 70850 (450 points)🎯✔️

Gold done 1st target🎯made high 70633😍🔥😄🎉 70400 se 70600🎯✔️

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Our Todays MCX Silver Level🤩🔥

Todays data result: Core Retail Sales m/m 0.4% Retail Sales m/m 1.0% Unemployment Claims 227K Empire State Manufacturing Index -4.7 Philly Fed Manufacturing Index -7.0 Import Prices m/m 0.1% Range bound for gold silver so follow levels🎉