Get started

Xauusdsignal

Bearish Analysis for XAUUSD at 2075-2080 LevelsXAUUSD pair is currently trading in a critical price range, specifically between 2075 and 2080. This analysis aims to provide a bearish perspective on the market conditions within this price bracket. Technical Analysis: Resistance Levels: The price range of 2075-2080 has historically acted as a significant resistance zone. Multiple attempts to breach this level have been met with strong selling pressure, indicating a notable barrier for upward movement. Bearish Candlestick Patterns: Recent candlestick patterns, such as shooting stars or bearish engulfing patterns, signal potential weakness in the current uptrend. These patterns suggest that sellers are gaining control, and a reversal might be in play. Overbought Conditions: Examining various technical indicators, it becomes evident that the market is in an overbought state. Indicators like the Relative Strength Index (RSI) or stochastic oscillators highlight the potential for a correction or reversal. Fundamental Analysis: Dollar Strength: The strength of the US dollar should not be overlooked. Any signs of a strengthening dollar could add further downward pressure on gold prices. Monitoring economic indicators and Federal Reserve statements can provide insights into the USD's trajectory. Inflation Concerns: With the global economy recovering, there are growing concerns about inflation. While gold is often seen as a hedge against inflation, excessively high inflation expectations could lead to a shift in investor sentiment and capital allocation. Market Sentiment: Speculative Positioning: Analyzing the positioning of market participants, especially institutional traders and hedge funds, provides valuable insights. A significant buildup of short positions in this price range could signal a broader market sentiment leaning towards a bearish outlook. News and Events: Keep a close eye on economic news and geopolitical events. Any developments that could impact risk sentiment or the perceived safe-haven status of gold may influence the market's direction. Risk Management: Considering the potential for market volatility, it's crucial for traders to implement effective risk management strategies. Setting stop-loss orders and closely monitoring the trade as it progresses can mitigate potential losses. Conclusion: In conclusion, the 2075-2080 price range for XAUUSD presents a compelling bearish opportunity based on both technical and fundamental factors. However, prudent risk management and continuous monitoring of market conditions are essential for successful trading. Remember that actual market conditions can change rapidly, and it's important to stay updated with the latest information and adjust your analysis accordingly. Additionally, individual trading decisions should be based on a comprehensive understanding of your risk tolerance, financial goals, and market conditions.
FOREXCOM:XAUUSDShort
by ishhakmansur
1
Gold prices have adjusted after a series of increases last week.OANDA:XAUUSD The price of gold (XAU/USD) is experiencing a remarkable surge on Friday due to escalating geopolitical tensions in the Israel-Palestine conflict. In times of uncertainty, traders are turning to the precious metal as a safe haven, while the US dollar (USD) is also strengthening. The escalation of the conflict in Gaza has led Israel to shift its focus from aerial to ground operations, causing an increase in geopolitical tensions and strengthening safe-haven assets. The worsening consumer sentiment in the United States and the dovish comments made by Philadelphia Fed President Patrick Harker have added pressure to US Treasury yields.
OANDA:XAUUSDLong
by Basil_Trading
XAUUSD DOWNTREND CORRECTION STARTED 08.10.23Reason Behind the XAUUSD Bullish Setup 1. Fake candlestick Formation due to Obey of trendline and support @ 1810 2. Double Candlestick Confirms Half Confimations Bullish Engulfing and make the higher Movement 3.Three strike Line formed in trible candlestick and make Bull Movement 4. Hikake Bullish Setup takes the XAUUSD to Higher and breaked 1925 5. Decending Broadaning Formed and push the correct over the trend line @ 1900 Overall Possible Outcomes XAUUSD BUY @ 1810-1825 SL 1780 TP 1 1860 TP 2 1880
OANDA:XAUUSDLong
by kripsonfx97
1
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
U.S. stock futures slide as Treasury yields hit new cycle peakU.S. stock futures fell early Tuesday due to concerns over rising Treasury yields and the ongoing property sector crisis in China. On Monday, the Dow Jones Industrial Average rose by 43 points (0.13%), reaching 34007, while the S&P 500 increased by 17 points (0.4%) to 4337, and the Nasdaq Composite improved by 60 points (0.45%) to hit 13271. The 10-year Treasury yield, an important benchmark, reached its highest level since 2007 at nearly 4.57% early Tuesday. This rise is driven by expectations of the Federal Reserve taking a more aggressive stance on interest rates. Some Fed officials have recently suggested the need for rate hikes and maintaining them at higher levels for a while. JPMorgan Chase CEO Jamie Dimon warned that if inflation isn't controlled, the market might not be prepared for potential interest rate hikes to 7%. The increase in Treasury yields has posed challenges for riskier assets, especially long-duration stocks. The U.S. dollar index reached its highest point in about ten months, surpassing 106. This is due to higher Treasury yields compared to other countries, which could potentially impact U.S. equities by reducing the competitiveness of multinational companies. The crisis in China's property sector is also causing global market unease. Shares in China Evergrande plummeted after the company failed to make a debt payment, leading to the arrest of former executives. As a result, Hong Kong's Hang Seng index dropped by 1.4%, reaching its lowest point since November. Some economic data releases for Tuesday include the S&P Case-Shiller home price index for July at 9 a.m. Eastern, August's new home sales, and September's consumer confidence figures at 10 a.m. Federal Reserve Governor Michelle Bowman is also scheduled to deliver a speech at 1:30 p.m.
OANDA:XAUUSD
by MilanTaMi
2
XAUUSD-Gold price after Powell SpeaksGold price (XAU/USD) faces an intense sell-off as Federal Reserve (Fed) Chair Jerome Powell remains hawkish at the Jackson Hole Symposium. The precious metal dropped significantly as Jerome Powell kept doors open for further policy tightening. About the labor market, Fed Powell conveys that the labor market is extremely tight and warrants more rates from the central bank. Fed policymakers: Boston Fed Bank President Susan Collin and Philadelphia Fed Bank President Patrick Harker commented on Thursday that the current interest rate level is enough to do the required job. The US economy is still resilient due to a tight labor market and easing inflation, but further policy-tightening by the Fed could dampen market sentiment. With my prediction gold will fall sharply after Monday evening meeting Fed Chair Powell Speaks and Jackson Hole Symposium
OANDA:XAUUSDShort
by Mars_Hunter
Gold recovers but remains low⚡️Due to higher US bond yields, gold prices held steady near 5-month lows. Markets prepare for the Fed's Jackson Hole symposium for more directional hints on future interest rate cases. ⚡️In recent times, macro data and comments from Fed officials are supporting the possibility that US interest rates will likely continue to rise and stay high for a long time as inflation remains high. ⚡️This will create conditions for the Dollar to continue to dominate the entire market, causing pressure on gold, silver, etc. and other major currencies to correlate. ⚡️Traders will be eyeing the Jackson Hole symposium this weekend, which brings together economic policymakers from around the world. This event is notable and is expected to create strong swings in the market because it can help clarify the monetary policy direction of major central banks, providing more direction to the market. foreign exchange and help determine the direction of gold prices in the short and medium term.
OANDA:XAUUSD
by Mars_Hunter
Gold trading plan on 23/08/2023⚡️World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. ⚡️In yesterday's trading session, 8/22. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious metal's rally, after hitting a five-month low in recent times. ⚡️In the afternoon session on August 22, the world gold price once crossed the threshold of 1,900 USD/ounce. However, because the USD and US Treasury bond yields remained strong, attracting money flows, gold price turned back slightly below the threshold of 1,900 USD/ounce. ⚡️The market looks quieter as traders and investors alike turn their attention to the Federal Reserve's (Fed) annual economic symposium to be held this weekend in St. Jackson Hole, Wyoming. All are waiting for Fed Chairman Jerome Powell's speech for clues on the interest rate outlook. ⚡️Trading strategy: You can set a sell order at 1907-1910. SL 1915 TP 1900,1895
OANDA:XAUUSDShort
by Mars_Hunter