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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.
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
WHY XAUUSD 🔺 after GDP data?

Annualized US GDP growth in Q1 was revised down to 1.3% from a first estimate of 1.6%, according to data from the US Bureau of Economic Analysis, released on Thursday. The reading was below the 3.4% in Q4 but in line with analysts' expectations. The data led to a fall in US Treasury yields which are negatively correlated to Gold.

The GDP data suggests the US economy is not as strong as analysts had previously thought, and could indicate declining inflation, which in turn might lead the Federal Reserve (Fed) to lower interest rates – a positive for Gold since lower interest rates reduce the opportunity cost of holding the precious metal.

#XAUUSD
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Important Economic Data today:

16:30 USD Continuing Jobless Claims 1,800K 1,794K
16:30 USD Core PCE Prices (Q1) 3.70% 2.00%
16:30 USD GDP (QoQ) (Q1) 1.6% 3.4%
16:30 USD GDP Price Index (QoQ) (Q1) 3.1% 1.7%
16:30 USD Goods Trade Balance (Apr) -91.90B -91.54B
16:30 USD Initial Jobless Claims 218K 215K
16:30 USD Retail Inventories Ex Auto (Apr) -0.2%
18:00 USD Pending Home Sales (MoM) (Apr) -1.1% 3.4%
19:00 USD Crude Oil Inventories -1.600M 1.825M
19:00 USD Cushing Crude Oil Inventories 1.325M
20:05 USD FOMC Member Williams Speaks
22:50 GBP BoE Gov Bailey Speaks
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
23.05.2024 | XAUUSD Daily Price Projection | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu

Subscribe to our Telegram channel to receive live analysis without delay
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
#XAUUSD | Trading Plan as projected on 17 May 2024

Witnessed on 22 May 2024

#PiyushRatnu #PRDXB #Gold #XAUUSD #PRDXB
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Co-relations: ALERT:

Today's + USDJPY move: 600 P

Expected Impact on XAUUSD:

$2424-20 = $2404

$2404 achieved at H1A618 zone | 15.57 hours DXB

#XAUUSD #PiyushRatnu #PRDXB #Gold
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
ALERT:

USDJPY @ 15 May 2024 zone

#XAUUSD on 15 May 2024: $2355
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
20.05.2024 | XAUUSD: Daily Price Projection | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
M15A100
M30A618
H1A382

Achieved | CMP $2313

S2 2375

R2 2454

#XAUUSD
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
USD S 88
GBP 92
AUD 14
JPY 22

DXY +
US10YT +
USDCNY +

XAUXAG 77.89

#XAUUSD CMP $2416 RT from $2442 - SZ alerted on 13 May 2024
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
XAUUSD current status:

M5A0.0
M15A50
M30A236
H1A236

Achieved

CMP $2429
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
#XAUUSD

Piyush Ratnu Financial Market Research

Trading Plan Review: 17 May - 20 May 2024

#PiyushRatnu #PRDXB #Forex #Gold #Trading
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
As projected by Piyush Ratnu Financial Market Research on 13 May 2024: $2424/2442 was the highs target for the last week, $2424 was successfully achieved on Friday, 17 May 2024. $2442 was achieved on 20 May 2024, early morning post PBOC Loan Prime Rate as projected by us on Friday repeatedly.

Verify at: https://t.me/c/1654158888/8976

🆘 We projected following Short Positions (XAUUSD)
1) $2424: SZ | RT 2414 - 17 May 2024: booked in Profit
2) $2442: SZ | RT 2442-2450-2431 - 20 May 2024: booked in Profit
Next Entry zones: $2469, 2485, 2505 and 2525
Stay Alert, Avoid BIG Lots.
Multiple factors are impacting XAUUSD price and world markets, the rising demand for Safe haven is driving Gold Price high and higher.

Some of the key factors:
1. Israel - Iran tensions, Iran President death
2. US - China Sanctions
3. FED path, Interest Rate Cut Projections
4. Economic Data of US Economy
5. Saudi King Health issues
6. The US Dollar (USD) is struggling alongside the US Treasury bond yields, as risk sentiment remains in a sweeter spot on China’s stimulus measures.
7. Gold buyers continue to capitalize on Fed Chair Jerome Powell’s last week's speech, where he affirmed that an interest rate hike is not on the table. Meanwhile, bets of two 25 basis points (bps) interest rate hikes this year keep Gold price on an upward trajectory.
🟢Additionally, China, a top Gold consumer, announced "historic" steps to stabiilze the crisis-hit property sector on Friday, contributing to the upside in Gold price. Topping up to the constructive outlook for Gold price, the recent official data published by the People’s Bank of China (PBOC) showed that the central bank ramped up its Gold reserves for the 18th straight month in April.
#XAUUSD #PiyushRatnu #PRDXB #Forex

What's next?
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Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
#XAUUSD #PiyushRatnu #PRDXB #Forex

Subscribe today to receive trading analysis and live trading feed.
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
GOLD back to $2424 zone, as alerted by us in advance yesterday at 11.00 AM in our LIVE ANALYSIS FEED GROUP.

Gold price (XAU/USD) is trading higher on Friday, in the $2,400s, helped by positive data from China that brightened the prospects for the country with the world’s largest market for Gold.

Gold's price skyrocketed during the North American session ahead of the weekend as XAU/USD traded above $2,400, posting gains of more than 1.5% amid higher US Treasury bond yields. The non-yielding metal extended its advancement and threatened to crack the all-time high of $2,431.

A lower April inflationary reading in the United States (US) sponsored Gold’s leg up above the $2,400 mark, although US Treasury yields climbed. However, the Greenback is battered across the board and tumbled some 0.03%, according to the US Dollar Index (DXY), standing at 104.45.

That revived speculation that the Federal Reserve (Fed) could lower rates in 2024. However, Fed officials stressed that one positive read for inflation is not enough with most regional Fed presidents maintaining a cautious stance.

According to the fed funds rate December 2024 futures contract, expectations that the Fed would lower rates dropped from 36 basis points (bps) to 35 bps toward the end of the year.

#XAUUSD #PiyushRatnu #PRDXB #Forex

Subscribe today to receive trading analysis and live trading feed.
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Short positions: $2407-2414:

XAUUSD: Current Status:

M1A618
M5A382
M15A236
M30A236

CMP 2305 | All trades closed | Running trades: 0
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
🆘 Sunday, May 19, 2024
23:30 USD Fed Chair Powell Speaks

🆘 Monday, May 20, 2024

05:15 CNY China Loan Prime Rate 5Y (May) 3.95% 3.95%
05:15 CNY PBoC Loan Prime Rate 3.45% 3.45%

High Volatility might be faced during Monday early morning session. Avoid BIG LOTS.
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
16.05.2024 | XAUUSD: Daily Price Projection | XAUUSD Analysis | Daily Price Projection | Spot Gold Analysis by Piyush Ratnu
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Trading Performance

#XAUUSD | #PiyushRatnu #PRDXB #Gold #forex

Verify at: https://bit.ly/PR10k69
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
Piyush Ratnu Financial Market Research | XAUUSD | Spot Gold Analysis | Live Trading Feed | Analysis
Piyush Lalsingh Ratnu
Piyush Lalsingh Ratnu
XAUUSD back to $2369 price target | M15V618 achieved | #XAUUSD