XAUUSDOh my goodness, everyone! You won't believe how gold has been shining like a diamond lately! On Wednesday, for the seventh consecutive day, gold (XAU/USD) reached an all-time high of around $2,282. Isn't that incredible?
With all the drama unfolding - from the heartbreaking conflict between Russia and Ukraine to the simmering tensions in the Middle East, not to mention the devastating earthquake in Taiwan - it's no surprise that gold has become a safe haven for anyone seeking refuge. Just like when the stock market feels like a roller coaster ride, gold becomes our calm in the storm.
And guess what? The US dollar (USD) decided to take a little nap, which only added to the allure of gold. It seems like the speculators betting against the Fed's interest rate cuts are throwing all the drama aside, making gold even more enticing.
With this fascinating backdrop, it's quite clear that the path of least resistance for gold is upwards. So, will the price decrease slightly? I say this is a fantastic buying opportunity for XAUUSD. Let's admire those golden moments together!
Xauusd(w)
Gold upcoming move 2266 above bullishGood Morning Traders,
Till the time Gold is moving in Alien (un known)zone.
We cant predict gold retracement zone from where gold can return,
So we are using a old method Fibonacci Reverse Levels.
In which you can see in Chart we can expect gold levels from where we can
see the reversal or retracements and the levels are
2288, 2293 and 2300.
So we can see these levels soon, We are not recommended any
sell for now. marekt is totaly bullish as per all time frames
and Geo political situation.
We can see sell from high levels as given.
Gold price continues to adjust after increasing sequentially!Hello dear friends, today gold continues to hold its ground at a high level despite some slight adjustments, but overall the price increase shows no signs of cooling down.
Currently, the price of gold is trading around $2250, down 150 pips from yesterday as precious metals undergo a correction after a strong surge.
Looking ahead, gold continues to be supported by the safe-haven demand due to the early rate cuts by the Fed. The ongoing war is causing economic downturn in some countries, leading investors to flock to gold. However, in the short term, the price is forming a new peak at high levels and a downward trendline is emerging. Following the principle, gold is expected to retrace back to the EMA 89 after breaking the support level at $2235.
Today, let's continue to look for selling opportunities. Wishing everyone happy trading and profitable outcomes!
Trading plan for April 2nd:
👨💻 XAUUSD BUY zone 2231 - 2229 🔹SL 2225 🔹TP 2240 - 2250 - 2260
Wishing you all full TP 💵💵💵
What's interesting about gold today? Up or down?
Welcome, everyone! Last week was nothing short of a gold fever, as the precious metal reached unprecedented heights. Fast forward to today, gold has once again soared, hitting $2265, marking a notable increase of $25 in the early hours of Monday's trading session.
This surge in gold's value is primarily driven by declining treasury bond yields and a weakening USD, with anticipated Fed rate cuts serving as a potent catalyst for this splendid revival.
Looking into today's trajectory and the week ahead, the outlook on gold remains positive. However, we might witness a slight consolidation following the recent explosive recovery as the metal seeks a healthy correction to bolster its upward journey, alongside a reevaluation of its EMA line.
The support zone to watch ranges from $2225 to $2235, aligning with the Fibonacci retracement levels of 0.5 - 0.618.
If you find this detailed insight intriguing, don't hesitate to hit like and share your thoughts in the comments section!
EURUSD ANALYSISFOREXCOM:EURUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Update the latest gold price today!Warm greetings, beloved traders! Let's strategize for the gold market this week!
Last week, gold experienced an impressive and strong upward trend, reaching its all-time high. Today, we see this precious metal surging to $2,263, marking a $31 increase in the early hours of Monday's trading session.
The rise in gold is primarily driven by lower bond yields and a weakened US dollar, along with anticipated interest rate cuts by the Fed, which serve as strong catalysts for this vibrant recovery.
Looking at the trajectory of gold today and this week, the long-term prospects remain optimistic. However, a slight consolidation may occur after the recent sharp increase as the metal seeks a healthy correction to solidify its upward journey. The support zone to monitor fluctuates between $2,200 - $2,215.
Wishing you a prosperous and exciting trading week ahead!
GOLD IN BULLSH SORRY for late update.... Sunday i was too busy
Now we see xauusd hits the DAY 1st pull back zone(2259-2305)
In 4Hrs also gold hits 1st pull back zone(2263-2280.5)
once market touches our pull back market starts fall
In 15mins we got High confirmation using my method and also now we got choch (correction choch in 15mins only) confirmation
so entry will be
sell limit 2258-2262-2265
SL 2268(we already entry in 2263)
remember gold still in bullish only we got ONLY 15M confirmation
if you ok use mid lot else use low lot
Targets for intraday
TP1 +20 pips
TP2 +50pips
TP3 +100pips
TP4 1850
In 4hrs we found 2 buy zone
1st buy zone 2201-2192 (we need 15M confirmation to take entry)
2nd buy zone 2167-2156(extreme buy zone no need to confirm)
This two zones will be swing targets for given sell
once market cross 2nd buy zone gold will be red rose
trade carefully
NOTES: EDUCATIONAL PURPOSE ONLY
Unveiling the Golden Mystique: A Financial Analyst's PerspectiveIn the realm of finance, few assets possess the timeless allure and steadfast value that gold embodies. As a financial analyst delving into the intricate tapestry of investment landscapes, I find myself drawn to the enigmatic brilliance of this precious metal.
Gold, often heralded as the ultimate store of wealth, stands as a symbol of stability amidst the tumultuous waves of economic uncertainty. Its scarcity, intrinsic value, and historical significance intertwine to form a narrative of resilience that transcends generations.
Beyond its tangible allure, gold serves as a barometer for market sentiment and economic health. Fluctuations in its price reflect the ebb and flow of global confidence, offering valuable insights into the prevailing state of affairs.
Yet, the allure of gold extends beyond mere investment appeal. It holds a cultural and symbolic significance, revered by civilizations throughout history. From ancient treasures to modern-day reserves, its lustrous presence permeates both financial markets and human consciousness.
In the face of evolving financial landscapes and emerging investment opportunities, gold retains its luster as a cornerstone of diversified portfolios. Its role as a hedge against inflation and currency fluctuations remains unyielding, providing investors with a sense of security amidst volatile times.
As I navigate the intricate nuances of financial markets, I am continually reminded of the timeless wisdom encapsulated within the golden embrace. Its allure is not merely confined to the glittering facade but resonates deeply with the essence of wealth preservation and enduring value.
In conclusion, the enigmatic allure of gold transcends the realms of finance, offering insights into the intricate dance of economics and human behavior. As a financial analyst, I remain captivated by its mystique, recognizing it as a steadfast beacon amidst the ever-changing tides of the financial world.
GOLD IN BUYsorry due to system problem cant update yesterday
GOLDUSD BUY correction done @ mar26 2.30pm...now we got low @ 2157.140
also 4h confirms the high @ 2200.487
using fibo we got 2 buy entry.... 1st zone@ 2174-2169...2nd zone @2160-2156
before that in 50% we got hidden ob@2178 it confirms 15m but only scalp entry we got...
yesterday night market hit 1st buy zone @2174-2169
then market confirms in 15mins with my low founding rules... so i place buy limit @2174-2172 Sl 2168.5
now market confirms typey 2 choch method in smc so that trend has been confirmed in buy on 15 mins
and now 1hr candle also confirms the same trend...
but in pattern seems sell pattern so 70% upside and 30% down to 2nd strong zone
NOTE: EDUCATION PURPOSE ONLY
Gold prices continue to receive supportOpening the new week, gold witnessed a strong breakthrough, with a sudden increase of nearly 25 USD, reaching a record high of 2265 USD in just the first hours of Monday. This growth marks a historic turning point, clearly reflecting investors' preference for gold - a safe haven option amid growing economic instability concerns and forecasts. interest rates.
Another factor driving up gold prices is the fact that central banks around the world are constantly increasing physical gold reserves. This accumulation not only reflects confidence in the sustainable value of gold but also creates strong demand pressure, pushing the price of this precious metal to unprecedented levels.
With current developments, gold is still forecast to maintain a positive growth momentum. However, a slight correction may be necessary to further consolidate this bullish trend. In the short-term scenario, a slight retracement is expected to occur, with support expected to be around 0.5 to 0.618 according to the Fibonacci ratio, opening up opportunities for flexible traders to seize. Wishing all investors a successful and exciting trading week!
XAUUSD - Trading in the green!Hello dear friends, let's explore the gold market over the past week!
The previous week was particularly significant for gold, as it experienced a strong surge in price, reaching its all-time high of around $2,237. This increase in price was driven by market expectations of a potential interest rate cut by the Fed, prompting investors to flock towards gold and driving its value up in a sea of green.
Looking ahead, I remain optimistic about the price hike. Based on technical analysis, gold has yet to show signs of forming a peak, indicating that there is still an opportunity for further upward movement. The trading price is above the EMA 34 and 89 lines, and by utilizing the Fibonacci method, gold is aiming for an initial profit target at 1.618, equivalent to $2,533.
However, before reaching this first profit target, gold will likely undergo some corrections.
What are your thoughts on the future price of gold?
Gold price today: Continuously increasing!The global price of gold has seen an impressive increase, rising by $38.8 to $2,233 per ounce, marking its strongest month of activity in over 3 years. This surge has been driven by expectations of interest rate cuts in the US and strong demand for safe-haven assets. Spot gold has risen nearly 2%, reaching its highest point since July 2020 with a 9% increase, ensuring a second consecutive quarter of growth.
The future of gold appears bright, with potential for further gains if the market predicts deeper interest rate cuts from the Federal Reserve. This precious metal is poised to maintain its high levels in the short term until buying momentum begins to weaken.
Gold prices continue to receive support!Idea of gold trading: The price of gold in the world market has increased during this morning's trading session due to the lack of improvement in business environment and consumer confidence in the European economic region in March. Investors have expressed concerns about the global economy facing difficulties, leading them to increase their purchases of gold as a capital reserve and profit-seeking strategy. As a result, the precious metal has reached a level of $2,200 USD at present.
Additionally, the price of gold has also benefited from the recent terrorist attack at a concert hall in Crocus, Krasnogorsk, Moscow, which occurred six days ago, as well as a major bridge collapse incident in Baltimore, USA - Francis Scott Key Bridge - affecting water transportation operations at the second-largest port in the United States.
Trading plan for March 28th:
👨💻 XAUUSD BUY zone 2178 - 2175 🔹SL 2173 🔹TP 2190 - 2200
👨💻 XAUUSD SELL zone 2207 - 2209 🔹SL 2212 🔹TP 2200 - 2190
Wishing you all Full TP 💵💵💵
Gold strategy today: Should I sell or not?Gold prices returned to the red zone below $2,200 in Asian trading on Thursday, following a two-day recovery. However, gold and other precious metals remain constrained and are yet to make a breakthrough.
The scarcity of economic data in the US has prompted investors to buy gold on Wednesday, amid increasing speculation about a Fed interest rate cut in June. All attention is focused on the mid-tier data from the United States.
The Federal Reserve Governor delivered a hawkish message while speaking about monetary policy at the Economic Club of New York. His comments have spurred a new increase in US Treasury bond yields and contributed to the strengthening of the US Dollar, putting pressure on gold prices that do not yield interest.
Establish a SELL for gold around the 2195 - 2220 USD range.
Gold price continues to increase (March 28)Hello dear friends, let's explore the price of gold today with RKarina!
Currently, gold continues to maintain its strong position on Thursday, with prices showing a significant increase from $2175 at the same time yesterday, and currently hovering around $2190.
As a result, the precious metal is on an upward trend as investors await inflation data from the United States. The report on the core Personal Consumption Expenditures (PCE) index for February is expected to provide new clues about the timing of the Federal Reserve's policy shift. The core PCE in the US increased by 0.3% in January.
These pieces of information, combined with technical analysis from the charts, seem to indicate a positive outlook for gold. The EMA 34 and 89 still give us positive signals for an upward trend, with expectations of reaching a high of $2222 once again.
What are your thoughts on the current trend of gold?
XAUUSD: How to trade? Buy or sell?Hello traders!
Gold continues to tread water, maintaining stability around the $2077 level after touching $2200 yesterday. As the days go by, traders eagerly await the final GDP estimate from the US on Thursday, along with data on jobless claims and weekly personal spending. Additionally, the release of the US PCE Index on Friday could be a significant event risk for the week.
From a technical standpoint, gold remains in a sideways trend with slight upward movement in the short and medium term. Gold trading activity is fluctuating within the range of $2150 - $2200. A decisive break above or below either of these levels could signal a stronger move is imminent. Trade wisely and enjoy!
Bullish pennant teases Gold buyers despite latest inactionGold price remains lackluster within a three-week-old trading range, struggling to extend the weekly rebound by the press time. However, a gradually firming RSI (14) line joins the bullish MACD signals and a one-week-long bull pennant to keep the XAUUSD buyers hopeful. That said, the aforementioned trading range’s top surrounding $2,188 guards the immediate upside of the bullion ahead of the stated pennant’s peak of near $2,195, quickly followed by the $2,200 threshold. In a case where the precious metal remains firmer past $2,200, the odds of witnessing a new all-time high, currently around $2,222, can’t be ruled out. In that case, $2,265 could gain the buyer’s attention ahead of the $2,300 round figure.
Alternatively, a downside break of $2,165 will defy the bullish pennant chart formation and could quickly fetch the Gold price toward the previously mentioned trading range’s bottom of near $2,146-42. In a case where the XAUUSD drops beneath the $2,142 support, an ascending support line stretched from mid-February, close to the $2,100 psychological magnet at the latest, will be crucial to watch. Should the bullion remain weak past $2,100, the late December 2023 peak surrounding $2,090 will be the last defense of the Gold buyers before giving control to the sellers.
Overall, Gold price remains bullish unless breaking $2,090 support even if the upside room appears limited ahead of the key US data, namely the US GDP and Core PCE Price Index.
Update the latest gold price today!Let's delve into the motivation behind today's gold market! Early on Tuesday, gold slightly surpassed the crucial $2,150 mark due to predictions of the Federal Reserve cutting interest rates this year. Comments from Fed officials, indicating a dovish stance, have put pressure on the US Dollar, thus providing significant support for gold priced in USD.
Looking at the chart, it is evident that gold has experienced a slight decline after reaching a new high of $2,222, but it continues to maintain a positive trend supported by an upward trendline. The 4-hour chart of XAU/USD demonstrates that the uptrend is prevailing, sustaining gold's momentum with positive signals from the 34 and 89 EMA lines. Gold is expected to extend its upward trajectory if it successfully breaks the resistance level of $2,185, with a strong support level firmly set at $2,150.
Wishing you a successful and exciting trading session!
Gold and its direction in the future!Hello astute and wealthy traders! Let's delve into today's market dynamics!
Gold (XAU/USD) continues to maintain a consolidating sideways trend this Tuesday, staying within the familiar range established over the past three weeks. However, the balance seems to be leaning towards the bullish side as the Federal Reserve prepares for a less restrictive policy stance, promising favorable winds for this precious metal.
Speculations are mounting that the Fed will start a rate-cutting cycle in June, coupled with a slight decrease in US Treasury yields, causing the US Dollar (USD) to enter a defensive price increase. Furthermore, political tensions arising from the ongoing Russia-Ukraine conflict and the uncertain ceasefire in Gaza Strip indicate that the smoothest path for safe-haven gold remains upward.
Gold price today: The momentum of "downward" is not slowing downHello everyone, let's find out how the price of gold fared last week and strategize for the upcoming week!
Last week marked a significant moment for gold as it reached an all-time high of nearly $2222 USD. Market news, particularly rumors of the Federal Reserve cutting interest rates this year, played a crucial psychological role for investors, leading to continuous manipulation and volatility in the price of gold.
Currently, the $2222 USD peak is not sustained, and the strong recovery of the US Dollar on the last trading day has exerted considerable pressure on gold. Despite a 0.7% decline in the day, gold still slightly increased compared to the previous week's closing price, stabilizing at around $2165 USD.
Looking ahead: The prospects for the next week indicate that the price of gold may experience further adjustments. The immediate short-term target is to retest the EMA 89 line (support area around $2148 USD). If this support level is broken, we are likely to lean towards selling, with a high possibility that gold will touch the $212x level next week!
What are your thoughts on the future price movement of gold?