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Xauusdshort

Gold price at the end of June is at the lowest level in the pastThe XAU/USD pair is facing downward pressure due to the modest strength of the US Dollar. Federal Reserve Chair Jerome Powell has indicated that two rate increases may occur this year, including the possibility of one at the upcoming policy meeting. Powell also stated that inflation is unlikely to reach the Fed's 2% target until 2025. These factors have contributed to the US Dollar remaining strong, which has put additional pressure on the price of Gold. However, concerns about the negative impact of rising borrowing costs on the economy may prevent traders from making significant bearish bets on the safe-haven precious metal. This could help limit further losses, at least for now. Gold Price Prediction: XAU/USD remains stable above $1,900, US PCE Price Index anticipated to provide new momentum. Set up SELL GOLD zone at: $1920 - $1923, sl 1933 Based on the Fibonaccy technical analysis line, the strong resistance is at the $1920-$1923 zone and sell
OANDA:XAUUSDShort
by DNA_TradingFX
14
GOLD 1908$ - 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)
TVC:GOLDShort
by DNA_TradingFX
20
Gold price in the last days of June !! 29/6 GOLDGold prices remained subdued on Wednesday as the U.S. dollar gained strength following hawkish remarks made by Jerome Powell at a central banking forum hosted by the ECB. By late afternoon, the XAU/USD was down by approximately 0.15% to $1,910, approaching its lowest level since March 15 and heading towards a monthly decline of over 2.5%. During a panel discussion in Sintra, the FOMC chief highlighted that the bank's policy-setting might not be restrictive enough. He emphasized that a majority of Fed officials support raising borrowing costs twice more in 2023. While some traders are skeptical about the possibility of an additional 50 basis points of tightening this year, this scenario should not be disregarded. Despite some doubts, the U.S. economy has shown remarkable resilience thus far, and traders should not underestimate its strength. However, if incoming data continues to surpass expectations, policymakers will be compelled to move forward with their plans to raise the terminal rate to address persistent inflationary pressures. downtrend is still strong, you can buy sell at: SELL GOLD zone at: $1924 - $1926 sl $1936 In the short term, you can wait for the price to recover 1 beat and then sell. Based on technical indicators EMA 34, EMA 89 to determine the resistance point $1926
OANDA:XAUUSDShort
by DNA_TradingFX
19
GOLD 26/6 $$ The bears are still dominant ?Friday’s rebound in gold prices came on the back of diminishing open interest and suggests that the continuation of the rebound appears unlikely for the time being. In the meantime, the yellow metal remains bolstered by the $1910 per troy ounce for the time being. Today, Gold price still stays at $1920 - $1930 Can SELL zone at SELL GOLD $1931- $1934, Sl 1944 According to technical analysis, the support zone $1910 support is quite strong, combine 2 moving averages EMA 34, EMA 89 so that the downtrend project still prevails.
TVC:GOLDShort
by DNA_TradingFX
17
GOLD 27/6!! The bulls are still trying to hold the price around Gold price struggles to make any significant progress on Tuesday and trades within a narrow range, just above the $1,920 level during the Asian session. The XAU/USD pair remains close to a three-month low reached last Friday and could potentially drop below the 100-day Simple Moving Average (SMA). The upside for Gold price is limited by the hawkish stance of major central banks. The initial market reaction to the failed mutiny in Russia over the weekend was short-lived due to the strong stance taken by these central banks. It is important to note that the Reserve Bank of Australia (RBA) and the Bank of Canada (BoC) surprised the market by raising interest rates by 25 basis points earlier this month. Additionally, the European Central Bank (ECB) raised rates to the highest level in 22 years last week. Furthermore, the Bank of England (BoE), the Swiss National Bank (SNB), and Norges Bank increased their benchmark interest rates last Thursday. Gold price prediction today is still sideways around $1910 - $1950, the downtrend still prevails SELL GOLD zone at: $1940 - $1943 SL $1953 Based on technical analysis indicators EMA 34, EMA 89 with strong resistance zone $1940 - $1943
OANDA:XAUUSDShort
by DNA_TradingFX
14
xauusd idea shortso in the chart we can see that market is now going to bullish , overall market is in sell chances are also in sell after news but in the mean time we can say that the market do some bullish moves then go to down side i have marked the levels ,after touching these levels possibilty is in sell , it's just an idea of mine and overview that i am sharing not confirm that it will go but just an idea ,tell me in the comments you agree or not with the levels and charts for short term you can take buy tp 1939 if revert take sell on 1939 if it 1939 then wait to the next level 1946
OANDA:XAUUSDShort
by jy78002
GOLD 08/06/2023 Bears have the upper handTVC:GOLD price seesaws around the intraday high as it prints slight gains after dropping the most in a week the previous day. Even so, TVC:GOLD remains indecisive on a weekly basis as markets struggle to find clear direction amid a blackout ahead of the Fed and mixed feelings on growth concerns Global. Organization for Economic Co-operation and Development (OECD) flagged concerns about a weak global economic transition amid higher interest rates and spurred buyers of TVC:GOLD , especially after a rate hike surprise rates from central banks in Australia and Canada. However, the easing of concerns about the Federal Reserve (Fed) rate hike by 0.25% in June contrasts with the possibility of a rate hike in July to underpin the Gold Price rally towards the end. year. SELL GOLD zone 1953 - 1955 Stop Loss : 1958 Take profit1 : 1948 Take profit 2: 1940 Take profit 3: 1935 Note: Installing TP SL fully wins the market and is safe in trading
TVC:GOLDShort
by SupperTrading-FX
GOLD will return to its bullish momentumGold prices steadied in a tight range on Tuesday as optimism that the US central bank won't raise interest rates this month kept the dollar under pressure. The dollar index fell 0.1%, making gold a more favorable option for foreign investors. Yields on 10-year Treasuries also fell after weaker US services data on Monday. Lower interest rates tend to lift the price of gold because it lowers the opportunity cost of holding non-yielding assets. Gold is approaching the H4-frame EMA at 1968 and there will be a price reaction here. In the short term, I expect Gold to return around the 1950 price range to establish a buy order.
OANDA:XAUUSDLong
by DNA_TradingFX
3
Xauusd Analysis Gold is technically bullish due to use only its fell down... Analysis 1 M pattern in 4H and 75% Traget only done...so that (a)2019-2022(if here retracement 1980 is the trg)or (b)2030-2034.5(if here is the retracement huge fall will be happen)...bcz below 1960 has major support... (a)Sell stop @2009 USE SMALL LOT Trg 2000/1990/1980 Buy stop 2023 (no sl) Double the lot (b..AFTER RETRACEMENT)sell stop 2028 USE SMALL LOT Trg 2023.5/2019.5/2015.5/2005.5/2000/1995/1981/1976.6/1970.5/1965 Below 1960 means gold will be huge fall Buy stop 2044 (no sl) double the lot Analysis 2 In 4H even though M pattern there is a HL(Higher Low) formation at 1999.7... also 15M seem a Dragon fly doji so bounce back to bullish if it’s break and sustain 2019-2022 rally continues to next supply zone 2031-2036 once touch there close some layer set in Sl to entry(BE) Buy @ 2015 to 2017 USE SMALL LOT Trg 2019/2022/2030/2034/2038/2043/2046/2051/2055/2060/2070/2080 Sell stop 2010to2009(use idea 1...a)Double the lot
OANDA:XAUUSDLong
by SATHAYAM_ACADEMY
5