GOLD SHORT ENTRYGOLD Bearish View.
CMP 75850.
Ready for 75000-74700.
Patten Negated above 76300.
For Educational Purpose only.
Goldtrading
Gold "explodes," setting a new historical peak!Hello everyone! It’s me again, Alisa. Let’s dive into today’s gold prices together!
Just as I predicted yesterday, gold has surpassed the $2,600 mark, setting a new historical high. This precious metal has surged over $35/ounce compared to the previous session’s close, equating to a 1.37% increase. Tensions in the Middle East and investors’ bets that the Fed will continue lowering interest rates have fueled this rise in gold prices.
Looking at the chart, we can see the gold price channel is sloping upwards at a significant angle, indicating that the upward momentum remains strong. With support hovering around $2,577 and stability in the EMA 34 and 89 lines, gold is likely to continue climbing.
And you, what are your thoughts on XAU/USD today?
GOLD LONG !!!!! BUY NOW Target for today and tomorrow
Price will reach 2418 after that it will reach 2434
Maybe it will likely to reach new all time high ( not sure)
Learn to do analysis by yourself is good for you
Gold Bullish Flag Pattern Breakout - Final Target $2458/oz Gold broke out of Bullish flag pattern and going for new targets. First target is 2075 and final target is 2458.
These are long term monthly targets.
Gold increases sharply: Investors look for a safe place
The US dollar rallied early Wednesday as risk-off sentiment dominated the market. Asian shares came under pressure after disappointing tech earnings reports from major companies such as Alphabet and Tesla. Alphabet achieved good revenue and profits but needed time to see results from its investment in artificial intelligence, while Tesla dropped 7% due to profits not meeting expectations and postponing the Robotaxi event. Fears of a Chinese economic slowdown also supported safe-haven demand for the greenback.
On Tuesday, the US dollar rebounded significantly on market jitters ahead of important earnings reports from US companies and a sharp rise in Treasury yields. Investors take profits on USD short positions ahead of Wednesday's preliminary Global Manufacturing and Services PMI data. Weak PMI data could spark recession fears, creating fresh demand for the US dollar.
Gold prices could benefit from this scenario if concerns about the US economy reinforce dovish Fed expectations. The market is currently pricing the possibility of the Fed cutting interest rates in September at a 97% probability. All eyes are on the US Q2 GDP report on Thursday and June PCE inflation data on Friday to monitor gold price movements.
Note price range:
Sell zones: 2424 - 2426
Stop loss: 2430
Take profit 1: 2414
Take profit 2: 2400
Sell zones: 2440 - 2442
Stop loss: 2446
Take profit 1: 2430
Take profit 2: 2420
Gold hesitates amid opposing market signals
Gold prices (XAU/USD) struggled to gain during the Asian trading session Tuesday, although still above the lowest level of the past week. Joe Biden's withdrawal from the 2024 election has increased Donald Trump's chances, suggesting a looser regulatory environment. At the same time, the People's Bank of China (PBoC) unexpectedly cut interest rates on Monday, which supported upbeat market sentiment and created a drag on gold, a safe-haven precious metal. .
Dovish Fed expectations also played an important role in limiting losses for gold. The market currently believes that the Fed will begin lowering interest rates in September and could cut twice more by the end of the year. These predictions have led to a decline in US bond yields, putting pressure on the dollar and thereby supporting the price of gold, a non-yielding asset.
Against this backdrop, investors should cautiously wait for further sell-offs before positioning for an extended pullback from recent record highs. Uncertainty about monetary policy and global economic factors continue to strongly influence gold prices, and investment decisions should be based on careful analysis of the current situation.
Interesting price areas:
Buy zone: 2367 - 2365
Stop loss: 2361
Take profit 1: 2375
Take profit 2: 2385
Sell zone: 2418 - 2420
Stop loss: 2424
Take profit 1: 2410
Take profit 2: 2400
The gold market is full of risks, investors should be careful
Gold prices (XAU/USD) extended their losing streak for a third trading day, falling to nearly $2,410 during the European session on Friday. The precious metal is under profit-taking pressure after hitting a record high above $2,480 on Tuesday. The strong recovery of the USD and bond yields pulled gold prices lower.
Expectations for Donald Trump to return as President of the United States have increased following his assassination. The prospect that President Joe Biden could abandon his re-election bid due to his health also boosted Trump's chances of winning. Trump, with his protectionist trade policies, has increased the attractiveness of the USD, contributing to downward pressure on gold prices.
Political uncertainty and geopolitical tensions, along with demand for gold from central banks, could limit the decline in gold prices. Investors see any further price decline as a buying opportunity, based on expectations that prices will rebound once current negative factors are resolved.
Price range to note:
Buy zone: 2399 - 2401
Stop loss: 2395
Take profit 1: 2410
Take profit 2: 2420
Buy zone: 2391 - 2389
Stop loss: 2385
Take profit 1: 2390
Take profit 2: 2400
What factors are holding back the increase in gold prices?
Gold prices (XAU/USD) attracted buyers in early trading on Monday, ending a three-day decline from last week's record high. Dovish expectations from the Federal Reserve (Fed) and President Joe Biden's withdrawal from the presidential race have caused some investors to cancel bets on a Trump victory. This reduces the strength of the US dollar and supports gold prices.
In addition, concerns about slowing economic growth in China, geopolitical risks from the prolonged Russia-Ukraine war and conflict in the Middle East also contributed to raising gold prices. These factors continue to drive demand for gold as a safe-haven asset.
However, XAU/USD is yet to see a strong buying move as traders await US Personal Consumption Price Index (PCE) data on Friday. This data will provide clues about Fed policy, which will determine the near-term trajectory for gold prices.
Note price range:
Buy zone: 2392 - 2390
Stop loss: 2386
Take profit 1: 2400
Take profit 2: 2410
Buy zone: 2430- 2432
Stop loss: 2436
Take profit 1: 2420
Take profit 2: 2410
15th JULY GOLD PREDICTIONgold will have correction today after going up. So we will wait until to buy with a strategy signal:
BUY XAUUSD 2378-2385
TP 2398
SL 2377
GOOGLE SETUP TRADE WIH 1:5 RISK REWARDGOOGLE SETUP TRADE WIH 1:5 RISK REWARD
A good BUYING setup detected on GOOG
It's showing a BULL MOVE due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. it forming a accending triangle pattern over here
Just grab out will your own risk
4. also in day chat its showing its trying to break the trendline
it will consolidate here but after breakout the upcoming move will be OSM
With a small amount
Stay connected
Stay happy
It's showing a BULL MOVE due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. it forming a accending triangle pattern over here
Just grab out will your own risk
4. also in day chat its showing its trying to break the trendline
it will consolidate here but after breakout the upcoming move will be OSM
With a small amount
Stay connected
Stay happy
GOLD SETUP TRADE WIH 1:3 RISK REWARDGOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
Gold Price: Potential Downturn Ahead as Market Signals ShiftThis chart tracks the price movements of Gold in USD per ounce over a four-hour timeframe, as of June 13, 2024. Here’s a simple breakdown:
1. **Current Price**: Gold is trading at around $2,301.84.
2. **Resistance Levels**: There are significant resistance points where selling pressure is high at around $2,340, $2,380, and $2,420. These levels are where the price struggles to go higher.
3. **Support Levels**: On the downside, there are support levels around $2,220 and $2,180, where buying interest might help keep the price from falling further.
4. **Trend**: The price has been generally moving up since early May, as shown by the upward trend line. However, there have been recent signs of this trend reversing.
5. **Market Signals**:
- The chart shows points labeled 'CHOCH' (Change of Character) and 'BOS' (Break of Structure), which mark key changes in price trends.
- The latest signals suggest that the market is turning bearish, indicating a possible decline in prices.
6. **Volume**: High trading volumes are noted around the resistance levels, indicating strong selling activity.
7. **Predicted Movement**: An arrow on the chart indicates that the price might drop soon, potentially reaching the support levels at $2,220 or $2,180.
In essence, the chart suggests that gold prices could be heading downwards in the near future, given the recent shift in market sentiment and strong resistance at higher price levels.
7th JUNE GOLD ANALYSISTo analyze the potential movement in gold prices based on the anticipation of nonfarm payroll news, and with specific target prices and stop-loss settings as you've described, we'll look into several factors:
Nonfarm Payroll (NFP) News Impact: The nonfarm payroll report is a key economic indicator that represents the total number of paid U.S. workers excluding farm employees, government employees, private household employees, and employees of nonprofit organizations. Significant deviations from expectations in this report can cause substantial volatility in the financial markets, including gold.
Gold's Response to Economic Indicators: Typically, gold is considered a safe-haven asset. In times of economic uncertainty or when the data is worse than expected, investors might flock to gold, driving up its price. Conversely, if the economic outlook is strong, gold prices can decrease as investors turn to riskier assets.
Technical Analysis: You mentioned specific price targets for gold:
Entry Zone: 2394-2398
Stop-Loss (SL): 5 prices above the entry
Risk-Reward Ratio: You've set a risk-reward ratio of 1:3. This means for every unit of risk taken, the potential return is three times that risk.
XAUUSD ORDER BLOCK | BUYING TRADEHi Traders
This Area is 4Hr Order block according to SMC.
2316 to 2305 This is Liquidity Pool we can see
upside movement after taking this liquidity.
Best time to take trade is 5 min CHoCH but after Rejection.
Note - Only for education Purpose
he gold showing a good up moveITS MY PERSONAL STRATEGY
The gold showing a good UPMOVEE
Having a good potential
There is nothing to doubt
It have a great surety of UP MOVE
Due to these reason
1.It have GOOD SUPPORT without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volume
Rally is about to end in MCX GOLD ?MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements.
Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel.
I tried to short gold last week but it went sideways so I had to close. Closed that position in 700-750 rupees in profit.
I am seeing a trading opportunity in gold.
Here's a trading opportunity.
GOLD CMP - 66780
I'm taking short positions in Gold June Future at CMP 67160.
Holding Future short position with Stoploss 67600.
I'm also planning to short MAY 65000 CE positionally which is now trading at 2500-2600.
I'm expecting a correction in Gold very soon.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Potential Future Outlook for XAUUSD - March 10th, 2024Why We Think the Price Might Drop:
1. The price is hitting a trendline around 2195-2205 .
2. We expect a correction after a big increase in price.
What Might Happen Next:
Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210 . We're aiming for targets around 2145 and 2085 afterwards.
Plan Trading Gold for February 27Yesterday, the candle closed with a long red body, indicating a significant price pullback from 25. The price range of approximately 12 points suggests market indecision, waiting for a reaction.
Important news today:
Durable Goods Orders m/m at 20:30 (better for the currency if higher). The most recent occurrence was on January 25th, with negative news causing the price to drop to 7 points and then increase by 14 points from the bottom. On December 22nd, positive news led to a drop of 5 points, followed by a rise of 12 points from the bottom.
CB Consumer Confidence at 22:00 (better for the currency). On December 30th, positive news caused a price surge of 12 points before the release, and after the news, it dropped by 19 points, exhibiting a high volatility. On December 20th, negative news for the currency resulted in a 3-point increase in gold prices followed by a decrease of 7 points.
Today is expected to be highly volatile (with potential fluctuations of 20-25 points throughout the day).
Key buy/sell zones:
Sell zone 01: 44
Sell zone 02: 47-49
Buy zone 01: 24-25
Buy zone 02: 16-18
Scalping orders (close orders before news): Sell at 40, sell at 36, buy at 26.
Wishing everyone a fantastic day and big wins!
U.S. stock futures slide as Treasury yields hit new cycle peakU.S. stock futures fell early Tuesday due to concerns over rising Treasury yields and the ongoing property sector crisis in China. On Monday, the Dow Jones Industrial Average rose by 43 points (0.13%), reaching 34007, while the S&P 500 increased by 17 points (0.4%) to 4337, and the Nasdaq Composite improved by 60 points (0.45%) to hit 13271.
The 10-year Treasury yield, an important benchmark, reached its highest level since 2007 at nearly 4.57% early Tuesday. This rise is driven by expectations of the Federal Reserve taking a more aggressive stance on interest rates. Some Fed officials have recently suggested the need for rate hikes and maintaining them at higher levels for a while.
JPMorgan Chase CEO Jamie Dimon warned that if inflation isn't controlled, the market might not be prepared for potential interest rate hikes to 7%. The increase in Treasury yields has posed challenges for riskier assets, especially long-duration stocks.
The U.S. dollar index reached its highest point in about ten months, surpassing 106. This is due to higher Treasury yields compared to other countries, which could potentially impact U.S. equities by reducing the competitiveness of multinational companies.
The crisis in China's property sector is also causing global market unease. Shares in China Evergrande plummeted after the company failed to make a debt payment, leading to the arrest of former executives. As a result, Hong Kong's Hang Seng index dropped by 1.4%, reaching its lowest point since November.
Some economic data releases for Tuesday include the S&P Case-Shiller home price index for July at 9 a.m. Eastern, August's new home sales, and September's consumer confidence figures at 10 a.m. Federal Reserve Governor Michelle Bowman is also scheduled to deliver a speech at 1:30 p.m.
Gold This Week Overview till 22nd September
Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions.
If gold reaches between 58600-58500 then we can plan long for +900 points
GOLD sideway waiting for positive signsGold price remains well above key short-term support around $1,897, including one-week Fibonacci 38.2%.
Also, setting a solid floor for XAU/USD is a convergence of the 5-DMA and the previous monthly low, around $1,905.
It is worth noting that the one-day 161.8% and 61.8% one-week Fibonacci join S2 one day of the Pivot Point to add strength to the $1,905 support.
Meanwhile, the one-day 61.8% Fibonacci, the Bollinger middle band above the one-hour high and the previous weekly high together limit the Gold Price's immediate upside near $1,920.
In the event that the bulls break through the $1,920 barrier, Gold Price will rally towards the one-week 161.8% Fibonacci match, the one-day R3 of the Pivot Point and the 4-hour 200-SMA, near $1,937. can be excluded.
gold weekly possibilitygold weekly possibility. upcoming weekly possibility so enjoy the trade with sl.
next sell zone 1912,1917,1922,1932,1940-1945, possibolity
gold possibilitydear trader good morning gold Long time buy possibility I don't know what data will come today evening but that looks like it's going up possibility. so enjoy the day
