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GOLD has not yet escaped from the price band 1905OANDA:XAUUSD prices recently dropped to a low since March of last year, putting pressure on the $1890 area. Market participants are feeling nervous about the changes, especially after the Fed (US Federal Reserve) expressed concern about inflation and the possibility of interest rate hikes. While the US is not the only country facing the challenge, the situation in the UK and China is also having an impact. The employment and inflation figures in the UK have created curiosity, especially about the Bank of England's (BoE) interest rate hike policy. Meanwhile, in New Zealand, the Reserve Bank of New Zealand (RBNZ) maintained interest rates and faced an upbeat situation on inflation. Besides, China is also facing difficulties, especially in the real estate sector. These fluctuations have an impact on the price of gold (XAUUSD), represent volatility in the market and affect investors. BUY XAUUSD: 1886 - 1884 Stoploss : 1880 Take Profit : 1890 Take Profit : 1895 Take Profit : 1900
OANDA:XAUUSDLong
by Mars_Hunter
2
There are signs of gold's recoveryTVC:GOLD Price cheers US Dollar decline, as well as mixed effect on market consolidation ahead of top US data/events to depict recovery correction rebound from 5-week low. Going forward, US Retail Sales for July, expected to be 0.4% month-on-month versus 0.2% prior, will be important to keep an eye on the intermediate directions of TVC:GOLD Price. US retail sales, FOMC Minutes looking for clear directions, risk catalysts also in the spotlight. Trading plan: SELL XAUUSD: 1919 - 1921 Stoploss : 1926 Take Profit : 1915 Take Profit : 1910 Take Profit : 1900 Note : TP, SL full to be safe and win the market !
TVC:GOLDShort
by Mars_Hunter
2
Gold 08/02 Before ADP Non-Farm dollar continued to drop slightlyCopper falls below $4 amid slowing global production. The outlook for the yellow metal remains hazy, especially with US interest rates set to remain higher in longer time this year. While gold is expected to benefit from the Fed's final rate cut next year, it is expected to receive limited support in the near-term. BUY GOLD zone 1932 - 1929 Stop Loss : 1923 Take Profit 1: 1935 Take Profit 2: 1940 Take Profit 3: 1950 Note: Installing TP SL fully wins the market and is safe in trading
TVC:GOLDShort
by DNA_TradingFX
Gold July 18 - 1980. Target Expected.Gold prices established a new level of support amid persistent dollar weakness, while copper fell sharply on worries about importers. The yellow metal traded close to a one-month high, tracking the dollar's slide to 15-month lows after a series of weak U.S. inflation indicators fueled fish stocks. bet that the Federal Reserve is about to hit its highest interest rate of the year. BUY XAUUSD zone 1943 - 1941 Stop Loss : 1937 Take Profit 1: 1947 Take Profit 2: 1952 Take Profit 3: 1960 Note: Installing TP SL fully wins the market and is safe in trading
TVC:GOLDLong
by DNA_TradingFX
9
GOLD before FOMC - Waiting for a nice BreakNow, the focus is entirely on the minutes of the Fed's June meeting, for any further signals on the direction of US interest rates. This trend indicates that gold will come under more pressure in the coming months, although expectations of a potential recession in the US have also boosted some safe-haven demand for the yellow metal. Gold is waiting for a break out of the 1931.5$ price zone to break out to find the target of 1940$ and 1950$ in the near term. If implementing Break out strategy. Pay attention to the nearest resistance around 1924$ SELL GOLD zone at: $1937 - $1940 - $ SL $1945 SELL GOLD zone at: $1925 - $1928 SL - $1932 (small lot) Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943
OANDA:XAUUSDShort
by DNA_TradingFX
19
GOLD bank holiday!! slight recovery in gold price in early JulyThe current stance of central banks favoring tighter monetary policies is expected to hinder the rise of gold prices. Additionally, the likelihood of a 25 basis points rate hike at the upcoming FOMC meeting, coupled with a more aggressive approach taken by major central banks, is likely to continue exerting pressure on the non-yielding gold price. Furthermore, the recent surge in global equity markets, indicating a higher appetite for risk, is expected to further limit the upward potential for gold, which is typically seen as a safe-haven asset. Therefore, it would be wise to wait for significant buying momentum before confirming that the XAU/USD has reached a short-term bottom and considering any substantial upward movement. This week, it is predicted that the gold price is still recovering slightly, sideways around the $1910 - $1950 mark Set up SELL GOLD price zone at: $1930 - $1932 sl $1945 Based on technical analysis indicators EMA 34, EMA 89 , resistance at $1930
TVC:GOLDShort
by DNA_TradingFX
14
GOLD 3/7 !!! The bulls are having a slight recoveryThe Gold price is being affected by a slight increase in the US Dollar. After experiencing significant losses on Friday, the US Dollar is attracting some buyers and recovering. This is seen as a key factor that is putting pressure on the price of Gold. Recent data from the United States shows that the Personal Consumption Expenditures (PCE) Price Index decreased to 3.8% in May from 4.3% previously. Additionally, the Core PCE Price Index, which excludes volatile food and energy components, went down to 4.6% in May from 4.7% in April. Despite these decreases, both indices remain well above the Federal Reserve's target of 2% and support the possibility of further tightening of monetary policy. Today, July 3, 2023, gold price is predicted to have a slight recovery around the $1925 -$1930 mark Set up Price Gold at: SELL GOLD at: 1920-1922 small lot and SELL GOLD at: $1930 - $1932 small lot and SELL GOLD at: $1937 - $1940 sl $1950 Based on technical indicators EMA 34, EMA 89 and resistance areas to sell at the above price zones.
OANDA:XAUUSDShort
by DNA_TradingFX
18
GOLD 29/6 ? Gold has collapsed below $1900Gold price prediction: XAU/USD is facing difficulties near its lowest point in several months and appears to be at risk of further decline. The price of Gold is being negatively influenced by central banks taking a more aggressive stance. Major central banks, including the European Central Bank (ECB) and the Bank of England (BoE), have indicated the possibility of further interest rate hikes. ECB President Christine Lagarde recently commented that inflation in the Eurozone is entering a new phase that could persist for some time. Lagarde also mentioned that the central bank is unlikely to confidently say that peak rates have been reached in the near future. BoE Governor Andrew Bailey, speaking at the ECB conference, suggested that interest rates could remain at their peak levels for a longer period than what traders currently anticipate. Gold price today is approaching the price range $1900-$1903 BUY zone at: $1900 - $1903 Based on technical analysis indicators EMA 34, EMA 89 , strong support zone 1900
OANDA:XAUUSDLong
by DNA_TradingFX
20
GOLD 27/6 $$$ Will the bears prevail now?Investors will be closely watching speeches by top central bank officials this week, including ECB President Christine Lagarde, BoE Governor Andrew Bailey, Fed Chair Jerome Powell, and Bank of Japan Governor Kazuo Ueda. These speeches will be given at a panel discussion in Sintra on Wednesday. Additionally, Tuesday's US economic releases, such as Durable Goods Orders, the Conference Board's Consumer Confidence Index, New Home Sales, and Richmond Manufacturing Index, will also be important in influencing the price of Gold. Despite concerns of a potential recession, the downside for Gold is expected to be limited due to its status as a safe-haven asset. Gold price is currently trading around the $1927 mark, the momentary downtrend is taking up the majority Can buy zone at: BUY ZONE : $1910 - $1913 AND BIG BUY zone : $1903 - $1900 sl 1890 Analysis of moving averages EMA 34, EMA 89 with stiff support at $1900 to BUY
OANDA:XAUUSDLong
by DNA_TradingFX
20
GOLD 27/6!! The bulls are still trying to hold the price around Gold price struggles to make any significant progress on Tuesday and trades within a narrow range, just above the $1,920 level during the Asian session. The XAU/USD pair remains close to a three-month low reached last Friday and could potentially drop below the 100-day Simple Moving Average (SMA). The upside for Gold price is limited by the hawkish stance of major central banks. The initial market reaction to the failed mutiny in Russia over the weekend was short-lived due to the strong stance taken by these central banks. It is important to note that the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) surprised the market by raising interest rates by 25 basis points earlier this month. Additionally, the European Central Bank (ECB) raised rates to the highest level in 22 years last week. Furthermore, the Bank of England (BoE), the Swiss National Bank (SNB), and Norges Bank increased their benchmark interest rates last Thursday. Gold price prediction today is still sideways around $1910 - $1950, the downtrend still prevails SELL GOLD zone at: $1940 - $1943 SL $1953 Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943
OANDA:XAUUSDShort
by DNA_TradingFX
14
BTC UPDATE 31k is our next target Looking at the big daily candles , it's a very very strong momentum. Which should break above the swing high. But bair in mind ,We also in weekly supply zone. Which is a strong resistance zone. As we can see the increased volume,hope it sustain the momentum. Again don't fall in any trades untill BTC becoms stable. Btc Dominance is high, Alts won't be reactive to btc proportionally. Let's wait and watch untill we see the breakout of 31k or a reversal.
by Akshay_Gour
GOLD is stuck in the price zone 1950$-1955$Gold price in a three-day rally near $1965 as the US Dollar remained bearish early Wednesday. In doing so, the precious metal also cheered hopes for more China stimulus and cautious optimism in the market amid the Federal Reserve's (Fed) policymakers' disapproval. any speech due to a power outage before the FOMC, as well as due to a light schedule. That said, the US Dollar Index (DXY) reverses the previous day's corrective recovery while taking offers around 104.00, down 0.10% on a day-to-day basis by press time. In doing so, the greenback's measure against six major currencies suffers from a market that bets on the Fed's next move. I expect gold to return to the 1965-1964 price range and then continue the uptrend that was formed earlier. My expectation is that gold will reach the 1976 zone. Stoploss will be around 5 prices per order. Make sure you have TP, SL to win the market.
TVC:GOLD
by SupperTrading-FX
1
XAUUSD (Gold ) Analysis for next week 17 April - 21 AprilWe can see the gold the retesting the yesterday high's again , it may be just a bull trap before dropping to test the HKEX:2000 on the daily bear flag or dropping below that can swing the reversal to supports at TSE:1980 and then $1950. It can form the M here or if it broken can test ath of TSE:2070 which is much less likely as it may go to test TADAWUL:2100 psychological levels . If you see rejection here around TADAWUL:2050 - TSE:2055 , then definitely it may retest at HKEX:2007 or HKEX:2000 today . Trade accordingly
OANDA:XAUUSD
by Johnwick_forex