gold xauusdbullish for next session easy and simple close ur eyes and depend on itLongby blissfulCloud19653Updated 3
Gold awaiting NFP for DirectionsAs Mentioned in the comments section of the last post. 2055 has been capitalised by Bears. So it is still Too Early to Write off the Bears. Even FOMC, like most of the times has failed to give directions. NFP could finally provide clearer Directions hopefully. Until then, Expecting a Rangebound Movement Between 2053 zone & 2021 zone. by DrAnandM8814
XAUUSD: Transactions are full of greenHello everyone! Today, the price of gold touched the levels of 2034 and 2036 USD at the beginning of Wednesday and is still mainly trading sideways as of the time of writing, although it is receiving strong support from the 2015 USD level and breaking out of the previous downtrend channel. Overall, the US dollar is regaining its position in the context of risk aversion sentiment, despite the decrease in US Treasury bond yields. All eyes are now focused on the Fed's decision on a new direction for Gold prices that does not bring profits. The daily chart shows XAU/USD trading in green for the second consecutive day as buyers gain confidence. Upon careful observation, we have noticed that gold has surpassed both the 34-day and 89-day exponential moving averages (EMA), but lacks enough strength to confirm an expanding uptrend. Currently, gold is trading near the resistance level of 2040 USD. Breaking above this resistance level will open up opportunities for further price increases in this precious metal, reaching higher levels at 2055 and 2088 USD.Longby RKarinaUpdated 40
Strategy to consider in the short term_ XAUUSDHello everyone! Yesterday, gold experienced a significant price increase, jumping from 2030 to 2056 USD, equivalent to nearly 26 USD. Currently, the price is adjusting and currently stands at 2040-2041 during the early trading hours of the Asian session, with prospects still favoring the buying side. Despite the DXY index showing signs of development, gold continues to demonstrate its strong recovery potential in the context of the possibility of the US not lowering interest rates anytime soon. So far, political tensions in the Middle East have not shown any signs of easing but rather continue to escalate. This is a factor that helps gold maintain its high and stable price above the $2,000/ounce threshold.Longby RKarina14
XAUUSD , FOMCGOLD TRADING , XAUUSD SR RANGERepositioning in the bond market before the Fed interest rate decision and Chair Jerome Powell's press conference contributes to the persistent weakness in US Treasury bond yields. The Federal Reserve is anticipated to maintain unchanged interest rates following its two-day policy meeting on Wednesday. Attention will be on Powell's post-meeting press conference for insights into the timing and pace of potential interest rate cuts. IMMEDIATE SELLING RANGE FOR FOMC DATA CAN BE : 2075-2095 IMMEDIATE BUYING RANGE FOR FOMC DATA CAN BE : 2020-2000by sagaahhelite3
XAUUSD 4H SELL PROJECTION 31.01.24Overall Possible Outcomes 🔹FX SIGNAL GOLD SELL 2053.34 SL 2058.34 (-50 PIPS) TP 2043.10 (+100 PIPS) Reason Behind Sell 1. Obey Golden Ratio 0f 0.618 @ 2055 2. Obey Parallel 4H Trendline 3. Retesting the DAY BREAK of 2030Shortby kripsonfx973
XAUUSD H4In recent market developments, the XAU/USD (Gold/US Dollar) pair has experienced a notable breakout on the H4 (4-hour) chart, triggered by the release of key economic data from the United States. Breakout Analysis: The H4 chart indicates a clear breakout, signaling a substantial movement in the price of Gold against the US Dollar. Traders and investors are observing the potential implications of this breakout, closely monitoring for sustained momentum and confirming factors such as increased trading volume. Projected Targets: As the breakout unfolds, market participants are eyeing the next potential targets for Gold. Key levels include 2045 and 2060. These targets are derived from technical analysis, considering historical price levels, trendlines, or Fibonacci retracements.Longby dipen2285
gold technical analysis in weekly time frame gold technical analysis in weekly time frame gold next possible movement. as we can see in anally-sing that market trend is up trend and also completed its 4th elliote impulse wave and might be create history all time high and make 5th wave Longby abbasjaffri030034314491
Gold next move (Gold is at deciding zone)(22-01-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (22.01.2024) Current price- 2023 "if Price stay above 2011, then next target is 2035 and 2048" and below that 2002,1992. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 1170
XAUUSD - Be cautious in every step!Gold prices stood firm on Monday, rising over 0.70%, supported by increased tensions in the Middle East along with the previous day's gains in the US Dollar. The XAU/USD exchange rate traded around $2031.60, down 0.07%, after bouncing back from last week's low of $2017.92. In the near term and based on the 4-hour chart, XAU/USD is neutral. It is currently consolidating its short-term uptrend, as evidenced by the potential catalyst provided by the 34 EMA, although the price is approaching the resistance level of $2040 where it has consistently reacted. The "buy on dips" trading strategy for gold continues as long as the support level of $2015 is maintained. This is because, following last week's decision, policymakers are trying to temper hopes of an interest rate cut in April, which the currency market is fully pricing in.by RKarinaUpdated 38
Bulls eye a comeback!Felt the need to update. Despite a Strong JOLTs data, Gold has still managed to Give a Closing 1. Outside of the Downtrend Line 2.Very much close to The Uptrend line that it had broken recently. This could be owing to the Increasing Tensions in the Middle East Being priced in. Now Fomc could decide the final direction of the Trend. Going by the data released since last FOMC. Higher for longer narrative could continue, with economy being resilient. And again as usual fed will be data dependent. So expect, may be a dip till 2015 and a bounce towards 2080 or directly without any Pullback 2080 being tested. unless gold breaks 2015. Longby DrAnandM226
TP HIT ON GOLDtp hit on gold . .you can see my last post on gold .I placed to SELL order AND trade active , which is a strong SUPPLY ZONE.Shortby Knickk1
GOLD (XAU/USD) Neowave UpdateHi This is our continuation update of our previous forecast. Thank YouLong01:45by Neowave-forecast5
XAUUSD ANALYSIS, GOLD DATA, GOLD NFP WEEKSince last 48 days gold is trending under a closed range of 2063-2010 -$50 range which covers whole month data , geopolitical tensions and FOMC Interest rate decisions. XAUUSD showing no much interest since long , previous high was taken on 4th Dec 2148 and in same month on 13th Dec 2023 took previous low of 1973 post which a major movement is missing. this week again NFP data and FOMC will be released. I am expecting movement in range 2000-1950|| 2070-2100-2150. Support and resistance levels will be changed according to the technical analysis which will be shared on Friday this week. by sagaahhelite3
GOLD ANALYSISTheir might be two possibilities in gold, If the gold holds resistance level and then give breakout we might see good move above ( BECAUSE THAT RESISTANCE TESTED AROUND 4 TIMES ) And if it forms like M pattern Or kind of Head and shoulder then go for SELL. NOTE - You can adjust time frame for 5 minutes because I'm unable to post 5 min chart to public.by kaushil_dafda1
SELL GOLDIn my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in downtrand . It is not advisable to enter without confirmation from a lower TF.Shortby Knickk3
How is gold price traded today?Hello dear friends, let's explore the price of gold together! Regarding the developments and outcomes of the news on January 22nd: The price of gold experienced significant fluctuations, mainly trending downwards. This is due to the strengthening of the US dollar as the Federal Reserve is unlikely to cut interest rates in March. As a result, investing in gold becomes more expensive due to higher interest rates. Conclusion on gold and trends: The price of gold is tied to a narrow range, trading around $2,021 in the Asian session on Tuesday. The market becomes cautious ahead of a busy week with policy meetings from central banks. The "buy on dips" trading strategy for gold continues as long as the significant static support level of $1,980 is maintained. Evidence shows that the price is forming a cup pattern as we have indicated on the chart. The upward trend could strengthen further if strong buying pressure is received from this support level. by RKarinaUpdated 73
XAUUSDAt the start of the new trading week, gold saw a slight increase in price, reaching around 2025 - 2026 USD. This marks a 0.39% recovery and an approximate 8 USD increase up to the present moment. It can be observed that over the past two weeks, the global gold price has experienced minor fluctuations, with no clear upward or downward trend. Last week, gold fluctuated within a range of about 10 USD and failed to break out even when the latest reports indicated a "cooling down" of inflation. However, everything could change in the coming days as the Federal Reserve (Fed) holds its meeting and makes interest rate decisions. Currently, the markets expect the U.S. Central Bank to maintain interest rates at the meeting scheduled for midweek and rule out any tightening possibilities in future meetings. The release of the core personal consumption expenditure price index report over the past weekend showed that the "cooling down" of inflation has led many to believe that an early easing scenario could occur. For this reason, many experts predict that the Fed will maintain a cautious tone at its first meeting of 2024, which could benefit gold.by RKarinaUpdated 3
GOld spot or XAUUSD DOwntrend movement . Target 1900SYmbol Gold SPot or XAUUSD TImeframe Day chart Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern . We can expect a target of 1985/1900 HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Short01:20by TanujaK3
Looking to Sell XAU/USD @ 2032 , With lower leg objective 2018Hi, We are looking to sell Gold (XAU/USD) at around 2032 With an Objective of 2018 as target points. Stop losses should be above previous swing high on H1 ie 2036 Region. Shortby fxtriangleUpdated 10
GOLD A triangle is a continuous pattern on a chart that resembles a triangle in technical analysis. Similar to wedges and pennants, triangles may either be a continuation pattern if they are confirmed or a potent reversal pattern if they are notLongby S_VIGNESH221
GoldThe Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.Shortby Azif1231
Gold: DOWNTREND?"Hello everyone! Last week, the price of gold continued its slight decline, dropping from $2,029.6 per ounce at the end of the previous week to $2,018.5, a decrease of $8 after a week of trading. Gold is currently under pressure from profit-taking, in the context of recently released US economic data that could impact the Federal Reserve's decision on whether to cut interest rates sooner or later. At the beginning of this new year, the price of gold seems to be moving sideways and still holding steady above the $2,000 threshold. To make a breakthrough, the gold market needs encouraging signals from Fed officials. Some recent assessments suggest that the strong price increase of gold in late 2023 had anticipated the possibility of the Fed reversing its monetary policy. With the current caution of the Fed, profit-taking pressure on gold is increasing. At the same time, the continuous new records in the US stock market also reduce the attractiveness of gold. In the short term, gold may face some negativity, but in the long run, it is expected to continue its upward trend. This is not only due to the possibility of the Fed cutting interest rates but also due to the pressure to reduce the use of USD from major economies, including China. What about you? What do you predict for the price of gold this week?"Shortby RKarinaUpdated 46