OANDA:XAUUSD The downward trend of the gold price (XAU/USD) continues as the US Dollar remains strong, driven by negative market sentiment and consistent job growth in the United States.
The yellow metal is under pressure because it is expected that the Federal Reserve (Fed) will maintain higher interest rates for an extended period.
The appeal of the US...
Temporary concerns cooled down during trading hours in Europe but continued before Wall Street opened, with XAU/USD trading at a low of 1,902.68 per troy ounce, which aligns closely with the lowest level in July. Ultimately, the positive tone from Wall Street finally interrupted the USD protest rally and helped XAU/USD recover from the aforementioned low level,...
The dollar rose past the Fitch cut, taking support from much stronger-than-expected payrolls data released by ADP. The reading followed data earlier this week that showed some signs of a U.S. manufacturing and construction recovery.
The data spurred bets that the Federal Reserve will have enough economic headroom to hike rates further and keep them there - a...
TVC:GOLD Gold buyers appear to have found a temporary support at the July 12 low of $1932 at the moment. But the gold sellers are likely to regain equilibrium, sending the rate back to the static support seen around $1925.
Additional declines will challenge the early-July lows around the $1910 region.
Additionally, Gold buyers will find an immediate upside...
Some signs of recovery in the U.S manufacturing sector and construction spending boosted the dollar as markets feared that resilience in the U.S. economy will give the Fed enough headroom to keep raising interest rates.
On the H3 chart, bearish momentum is clearly formed, I think the price line will return to retest the 196x support area before continuing the...
OANDA:XAUUSD XAU/USD briefly surpassed the 38.2% Fibonacci retracement level of its recovery, measured between $1,902.62 and $1,987.40 at $1,954.88, but remains below the retracement level. 23.6% retracement at $1,967.37, immediate resistance.
The daily chart shows that Gold is currently hovering around a bullish 100 Simple Moving Average (SMA), which maintains...
Copper 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 :...
Buying some quantity of goldbees
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TVC:GOLD Gold prices rose on a daily basis, although XAU/USD established a new one-week low of $1,951.53 per troy ounce while holding below Monday's high of $1,967.85. The US dollar rose in the first half of the day as the gloomy mood favored the safe-haven currency.
The dismal macroeconomic figures released these days show the fragile economic balance most...
TVC:GOLD Gold prices reversed from two-week lows, catching up with a four-day downtrend, as China and central bank stimulus news boosted sentiment and GOLD prices. In doing so, GOLD traders portray the market's cautious optimism ahead of this week's top data/events.
That said, headlines boosting hopes of China's stimulus measures and banking intervention from...
Gold 25/07 There are many disadvantages ahead.
Gold's outlook is also uncertain as US interest rates are likely to stay higher for longer. The US has not escaped the recession, the fate of the economy is still in the hands of the Fed.
BUY GOLD zone 1945 - 1947
Stop Loss : 1940
Take Profit 1: 1950
Take Profit 2: 1955
Take Profit 3: 1965
Note: Installing TP SL...
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...
Presently conditions look like Gold is near weekly and significant supply zone.
There is a chance of retracement near 1936-1940.
If the 4Hr price closed below 1933, sell on the rise and keep stop loss 1935.
Gold prices steadied after a slight overnight gain on Wednesday as investors worried ahead of the Federal Reserve's June meeting minutes, while copper fell amid concerns over the US trade war. - New Middle.
The yellow metal has enjoyed a small rally over the past three sessions, after plummeting below the $1,900 support last week. Fear of US interest rate hike is...
All time Low @20.540
All time High @2075.282 03Aug2020 in Black color.
There's a pullback on 07March2022 in Red color.
We can see here a Extrem POI on XAUUSD @438.184 - 410.486 is not mitigate yet but sooner or later price will come down to mitigate. I have marked five POI the last POI is @1226.477 - 1161.197 on 01Aug2018
01Sep1999 we saw a Bull Run {Bullmarket}...
![XAUUSD: GOLD[XAUUSD] Analysis](https://s3.tradingview.com/0/0pjLSRLv_mid.png "GOLD[XAUUSD] Analysis")
