Xauusdbuy
XAUUSD SELL PROJECTION WITH RSI & STOCHASTIC STRATEGY Reason Behind XAUUSD Sell Projection
1. Stochastic Overbought above 80 and ready to make a Fall
2. RSI 14 Below 50 Which Makes the sell trend In 1h Timeframe
3. Market Clear ON Downtrend and Make the Sell Direction
Overall Outcomes
XAUUSD SELL @ 1920-23
SL 1927
TP 1910
Gold and the way to find the bottom⚡️US bond yields will play an important role in influencing the USD price action in the absence of any relevant economic data from the US.
Additionally, the broader risk sentiment will allow traders to seize short-term opportunities around Gold prices over the weekend and into the new week.
⚡️From a technical point of view, Gold is on a clearly declining range. At the weekly frame, Gold is heading towards the target of $ 1870 as the nearest landmark.
⚡️BUY XAUUSD: 1878 - 1880
❕Stoploss : 1875
✔️Take Profit : 1885
✔️Take Profit : 1890
✔️Take Profit : 1895
Note : TP, SL full to be safe and win the market !
Gold Comment 18/08 – Strong recovery but downtrend is still ther⚡️ China is in trouble, 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.
⚡️ From a technical perspective, the daily chart of the XAU/USD pair suggests that the decline will continue. The pair peaked near the 200 simple moving average (SMA) and then plummeted away from this point. At the same time, the 20 SMA is stable at the top, compatible with the overall bearish direction. Importantly, technical indicators have hit negative levels, showing the strength of sellers. Finally, the technicals are mostly bearish, with the Relative Strength Index (RSI) sliding into the oversold zone.
BUY XAUUSD price range: 1882 - 1884
Stoploss : 1877
Take Profit : 1890
Take Profit : 1895
Take Profit : 1900
Gold 04/08 goes sideways waiting for non-agricultural news.Markets were now focused squarely on nonfarm payrolls data due later in the day, which is expected to show that the U.S. labor market remained steady through July.
Any signs of resilience in the labor market give the Fed more impetus to hike interest rates further, given that the bank is targeting some cooling in labor conditions as part of its crusade against inflation.
Framework H4 I'm working on. Gold can be seen moving sideways since the morning of April 8, very slight oscillation about 1930-1938. I think with such a large compression, tonight's NonFarm will be very strong, we should wait for the real news. then let's trade.
What are your ideas, let me know in the comments below. Thank!
Gold today 08.08 is under pressure from copperFed interest rate instability causes gold to plunge seriously, Fed officials offered different views on future rate hikes by the central bank. Fed Governor Michelle Bowman said on Monday that more rate hikes may be needed to bring inflation closer to the Fed's annual target range.
on the 4-hour chart, we can see gold's bearish momentum developing, 1900 round resistance is not far away. please set up a sell order as soon as it breaks the bearish triangle/
What are your ideas let me know in the comments, thanks!
Gold today 09.08 hit a 1-month lowStrength in the dollar kept broader metal markets depressed, as investors awaited more economic cues from U.S. consumer price index (CPI) inflation data due on Thursday
Non-yielding assets such as gold and other precious metals logged steep losses this week. Spot gold steadied at a one-month low of $1,926.20 an ounce, while gold futures expiring in December were flat at $1,960.05 an ounce by 20:12 ET (00:12 GMT). Both instruments were trading nearly 1% lower for the week.
Dollar rise causes gold to plummet to the price zone 1922, the lowest level in the past 1 month, I think it will continue to decrease, we should play short,to be safe we should establish a buy order as soon as the price moves to the last support zone 1922 - 1925.
What is your idea? Let me know below in the comments! Thank.
Gold 07.08 moved sideways in a narrow range.Inflation is expected to have picked up again after a sharp decline in June- a scenario that could push up expectations of more interest rate hikes from the Federal Reserve.
Gold is expected to retreat further on a strong inflation reading, while the dollar is set to appreciate.
The prospect of higher-for-longer U.S. interest rates has weighed heavily on the yellow metal in recent weeks, with traders preferring the dollar even as Fitch downgraded the U.S. sovereign rating.
The h1 chart I'm showing shows that gold has been flat in a narrow range since Aug. 2. volatility on Friday's non-farm news. I think it will continue like that until the end of the Australian session, the Asian session. before finding the resistance at 195x.
What is your idea? can let me know in the comments, thanks!
Gold news today 02/08Some 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 downtrend, We invite you to watch today's Non-Farm newsletter for the best trading direction. Let me know your ideas below in the comments. Thank !
ADP - Market is concerned about Gold PriceSome signs of recovery in the US manufacturing sector and construction spending boosted the dollar, as markets worried that the resilience of the US economy would give the Fed enough room to keep increasing. interest rate.
This concept has influenced the price of gold and most other metals, which can be lost in a higher interest rate environment.
The dollar's strength was also boosted by anxiety ahead of key US nonfarm payrolls data on Friday, which kept traders away from non-yielding assets like gold.
SELL XAUUSD zone 1958 - 1960
Stop Loss : 1967
Take Profit 1: 1952
Take Profit 2: 1945
Take Profit 3: 1935
Note: Installing TP SL fully wins the market and is safe in trading
Gold - There are many disadvantages ahead.US inflation is still trending well above the Fed's annual target, which is still likely to signal at least one more rate hike this year.
Rising interest rates are bad for non-yielding assets like gold, as they drive up the opportunity cost of holding gold. This trade has broken gold until 2022 and has limited the yellow metal's gains so far this year.
SELL XAUUSD zone 1963 - 1966
Stop Loss : 1972
Take Profit 1: 1960
Take Profit 2: 1955
Take Profit 3: 1950
Note: Installing TP SL fully wins the market and is safe in trading
Gold 24/07 Withdraw as the Fed week begins.Gold prices fell slightly on Monday as anticipation of a key Federal Reserve meeting kept investors wary at the start of the week, while copper prices fell sharply on concerns about slowing demand.
The dollar rally, ahead of the Fed meeting, also weighed on metals markets, with the greenback pulling further from 15-month lows hit in early July.
SELL XAUUSD zone 1968 - 1970
Stop Loss : 1975
Take Profit 1: 1965
Take Profit 2: 1960
Take Profit 3: 1955
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSD 1H SELL PROJECTION 25.07.23Reason Behind XAUUSD Sell 1H
1. Market Clearly in Downtrend in 1H time frame
2. Restesting Yerterday and Major Support @ 1952
3. We entered the trade @ 1962 which is our major Resistance 1
4. Stochastic Overbiught in 1H
5. RSI 14 around 50 which Makes the bearish trewnd in 1H
Overall Possible Outcomes
Gold Jul 18 Trading In Narrow Bands.The yellow metal has found support above $1,950, keeping it above year-to-date lows and within sight of a record high.
But gold prices stalled around these levels, awaiting fresh signals from the central bank ahead of next week's closely watched Fed meeting. The prospect of interest rates staying higher for longer also limited the outlook for gold, as well as signs of the resilience of the US economy.
Let's wait to establish an ideal Sell point.
SELL GOLD zone 1963 - 1967
Stop Loss : 1975
Take Profit 1: 1962
Take Profit 2: 1957
Take Profit 3: 1950
Note: Installing TP SL fully wins the market and is safe in trading
XAUUSD W PATTERN REJECTION+DOWN TRENDReason Behind XAUUSD Sell
1. Last Week Core CPI News Make the Asset to Move higher fundamentally whixh make the Break Resis 1940 and Later 1950 and presently located @ 1960 Which Over Immediate Support
2. Clear Rejection Over W Pattern due to Tecnical fIbo retracement @ 1980 which is also our Previous Support which react as major Resis Now
Overall Possible Outcomes
XAUUSD SELL@ 1975-1985
SL 2010
TP 1 1960
TP 2 1935
TP 3 1900
Gold - Steady Against "Storm".Although inflation is still well above the Fed's 2% annual target. This is likely to attract more central bank rate hikes in the near-term, with markets broadly pricing in a gain of at least 25 basis points at its meeting in late July.
A host of Fed officials also forecast more rate hikes in the coming months, warning that core inflation remains high and at risk of becoming fixed. June's core CPI was lower than expected, at 4.8%, but remained relatively high and well above the headline figure, up 3%.
SELLXAUUSD zone 1967-1965
Stop Loss : 1972
Take Profit 1: 1960
Take Profit 2: 1955
Take Profit 3: 1945
Note: Installing TP SL fully wins the market and is safe in trading
3/7 GOLD. Expecting a short-term gold price recoveryThe Gold Price ended the previous week on a positive note, despite experiencing three weeks of consecutive losses.
However, there was a noticeable recovery as the price bounced back from the bearish channel's support, which has been in place for five weeks. Additionally, there was an upward break of a descending resistance line that had formed two weeks prior. This resistance line now serves as immediate support at around $1,917, indicating potential for short-term bullish movement in XAU/USD.
The recovery hopes are further supported by bullish signals from the Moving Average Convergence and Divergence (MACD) and the positive conditions of the Relative Strength Index (RSI) line, which is currently at 14.
Moreover, the clearance of the 50-SMA (Simple Moving Average) strengthens the upward bias for the Gold Price.
However, the dominance of Gold buyers is dependent on surpassing the 200-SMA and the top line of the previously mentioned bearish channel, which are respectively located around $1,948 and $1,954.
On the other hand, if the price breaks below $1,913, it could pose a challenge to the key support level at $1,900, which includes the bottom line of the aforementioned bearish channel.
Another downside barrier is the recent bottom around
Gold Price Forecast: XAU/USD continues to bounce off $1,900 considering Fed Minutes, US NFP, 1950 price recovery expectations
Set up: BUY GOLD zone: $1910 - $1912 SL 1900
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/3/2023
GOLD 4/7 !! The bulls are gradually regaining their positionThe current economic troubles may prevent the gold price from experiencing significant declines. Concerns about a global economic downturn, especially in China, could provide some support to gold as a safe-haven asset and prevent further losses, at least for now. Even though the Chinese Manufacturing Purchasing Managers' Index (PMI) for June was slightly better than expected at 50.5, it still reflects a slowdown compared to the previous month's reading of 50.9, maintaining market concerns. As a result, traders might refrain from making new pessimistic bets on the gold price until important macroeconomic data is released in the coming month.
The struggling economy provides some backing for the XAU/USD safe-haven. Weaker economic data coming from the United States raises questions about the need for the Federal Reserve to tighten policies further, putting USD bulls on the defensive and giving a boost to the price of Gold. It's important to note that the US Bureau of Economic Analysis recently reported that the annual PCE Price Index slowed down to 3.8% in May from the previous 4.3%, and the core gauge decreased to 4.6% in April from 4.7%.
Gold price prediction today remains stable in the $1920 price zone.
Set up GOLD PRICE at zone: $1920 - $1922 sl $1910
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/4/2023
GOLD 3/7: Gold price in early June before a slight recoveryThe gold price might not suffer significant losses due to the current economic challenges. The concerns about a global economic downturn, especially in China, could provide some support to the safe-haven precious metal and prevent more significant declines, at least for now. Market worries persist even after the release of a slightly better-than-expected Chinese Manufacturing Purchasing Managers' Index (PMI) for June, which recorded a reading of 50.5, slightly lower than the previous month's reading of 50.9. This could discourage traders from making new pessimistic bets on the gold price before important macroeconomic data is released in the US at the beginning of the next month.
Gold price today is fluctuating at $1910 - $1920. A slight rally is forming
SET up BUY GOLD at zone : $1910 - $1912 sl 1902
Based on EMA 34, EMA 89 moving average technical analysis indicator to trend on 7/3/2023
GOLD 1908$ - 1900$. The bulls are activating the guard forceGold traders are closely watching the potential Bear Cross on the daily chart, which is responsible for the recent decline in the price of Gold.
To confirm the bearish momentum, the Gold price needs to close below the downward-sloping EMA34 and cut through the EMA89 from above.
At the moment, the 14-day Relative Strength Index (RSI) is below the midline, indicating that there are still downward risks for the Gold price.
If the price continues to drop, it is expected to find immediate support at the low of $1,908 on March 16. If this level is breached, the price could further decline towards the $1,900 mark. The March 15 low of $1,886 will be a crucial level for Gold buyers.
On the other hand, if the price starts to rise, it will face strong resistance around the $1,930 region. Breaking above this level will challenge the bearish trend and test the confluence of the 21 and 100 DMAs at $1,944. The next significant target for the upward movement is the psychological level of $1,950.
BUY GOLD zone at: $1904 - $1900
SL $1895
SELL GOLD zone at : $1926 - $1928 - $ SL $1934 (It is best to carefully review the FOMC news before entering the order)