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Xauusdsell

XAUUSD: Gold trend after breaking the upward price channelToday we will have very important USD news: ISM Manufacturing PMI, JOLTS Job Openings, ISM Manufacturing Prices and in the early morning of November 2 there will be 3 more news: Federal Funds Rate, FOMC Statement, FOMC Press Conference but This news is likely to have a big impact on gold, so we need to pay attention to orders when the news comes out According to technical analysis, October is a month of strong growth for gold. On the monthly chart, histogram and stochastic have a divergence, RSI does not see a divergence. Yesterday gold broke through the upward price channel so our trend will be to sell and the H1 stochastic frame is already in the oversold area so it is likely that gold will have a rebound to 1990, the price range from 1990-1992 we can sell stochastic The H4 frame still tends to go down, so the possibility of gold decreasing is very large
OANDA:XAUUSDShort
by TheForexFamily
XAUUSD amid rising political tensions Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to 106.55. US Treasury yields surged, with the 10-year Treasury bond yield reaching 4.911%, the highest since 2007, while the 2-year Treasury bond yield remained at 5.229%. On Wednesday, Federal Reserve officials reiterated their stance on maintaining interest rates. These comments pushed US bond yields higher, reflecting strong growth prospects in the US. Federal Reserve Governor Christopher Waller stated that it's too early to determine if there's a need for further policy rate actions, suggesting a wait-and-see approach. New York Fed President John Williams emphasized the central bank's need for a gradual monetary policy to curb inflation, indicating that the policy trajectory depends on data. Moreover, the ongoing political conflict between Israel and Hamas remains a focal point. Gaza authorities reported Israeli airstrikes killing 500 people at a Palestinian hospital on Tuesday, while Israel claimed the casualties resulted from a Palestinian attack. Escalating political tensions in the Middle East and market instability might drive demand for traditional safe-haven assets like gold. Gold traders will monitor the US Unemployment Claims and Philly Fed Index, as well as Existing Home Sales data later on Thursday. Additionally, Fed Chair Powell is expected to deliver a speech. Market participants will interpret signals from the data, seeking trading opportunities around gold prices.
OANDA:XAUUSD
by Samson_Phelan
9
XAUUSD: what is going on?From a short-term technical perspective, nothing seems to have changed for Gold price, as a correction from a seven-month trough remains on the table. The 14-day Relative Strength Index (RSI) indicator stays heavily oversold, justifying a case for a Gold price rebound anytime soon. Should Gold price stage a decent comeback the initial support-turned-resistance at the $1,850 level will be challenged. The next upside barrier is aligned at the September 28 and 29 highs of $1,880 on the road to recovery. However, if Gold buyers fail to find a strong foothold above the $1,850 mark, the downtrend could gather steam once again. Gold price will need to crack the previous day’s low of $1,815 to tale on the crucial support at the $1,810 level, where the March 8 low is registered. The $1,800 threshold will be the level to beat for Gold sellers. The 100-Daily Moving Average (DMA) is looking to cross the 200 DMA from above, suggesting that any pullback in Gold price from multi-month lows could prove temporary.
OANDA:XAUUSDLong
by Biden-ControlUSD
1
XAUUSD BEARISH SPINNING TOP + SELL PROJECTION 27.08.23Reason Behind the Sell Projection 1. Market Clearly on Strong Downtrend.The Bearish Spinning Top candle Stick Pattern Confirms the further Sell Movement towards 1890 which last week Low 2. Fibo retracement Indicator indicates the assset reach the swing High 1924-1930 and then Make continuation of trend 3. Breaked the support @ 1915 and retesting teh area Again Over all Possible Outcomes XAUUSD SELL @ 1924-1930 SL 1955 TP1 1900 TP 1854
FX:XAUUSDShort
by kripsonfx97
Gold price today: Under the pressure of USD, gold price continueThe world gold price today listed at 1,917 USD/ounce, down 10 USD/ounce compared to the early hours of the morning. The world gold price continued to decline today as the dollar soared after China released many disappointing economic data. Besides, the US economy is making strong recovery steps. The growth rate of 2.4% in the second quarter of 2023 exceeded expectations. Inflation has fallen to 3%. Consumer sentiment is improving. Although USD rebounded on positive signals from the US economy, this currency in the medium and long term is in a downtrend. The Fed will soon reverse monetary policy, from tightening to easing, thereby putting pressure on the USD. A fall in the USD price will pull the gold price up. Trading plan: SELL XAUUSD price range: 1913 - 1915 Stoploss : 1920 Take Profit : 1910 Take Profit : 1905 Take Profit : 1900 Note : TP, SL full to be safe and win the market !
OANDA:XAUUSDShort
by Mars_Hunter
4
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!
TVC:GOLDShort
by Cindy_FX
4
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!
OANDA:XAUUSDLong
by Cindy_FX
1
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
FX:XAUUSDShort
by DNA_TradingFX
XAUUSD SELL CONTINUATION 30.07.23Reason Behind XAUUSD/GOLD Sell 1. Last Week Rejection Over the Resistance @1980 which make the Formation of Clear Neew Downtrend Channel 2. Bearish Engulfing Candlestick Pattern Make positive for the Sell Movement Over the last week Support over 1940 which is our support and make lower as per our expectation to 1910 3.Continuation of Last W pattern still Valid and smoothen teh downtrend Over all Possible Outcomes XAUUSD SELL @ 1965-73 SL 2000 TP 1940 TP 2 1910
FX:XAUUSDShort
by kripsonfx97
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
OANDA:XAUUSDShort
by DNA_TradingFX
4
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
OANDA:XAUUSDShort
by DNA_TradingFX