gold pattern breakout anylysiseys on gold spot 1 grs chart breakout styaabv 2211 looks 220-2230+++++ where break blw 2195 loks dwn fall till 2185-079--70+++++ in mcx 66900 abv sustain may be touch 67100-200+++ or blw 66550 dwn fall till 66426--377--200++++by kailashcfa33Updated 1
XAUUSD GOLDresist. 2210-2225 support 2190-2185 market sentiment bullish planning down and watch carefully price at 2190-2185 zoneLongby devkumarchakrawarty2022Updated 0
XAUUSD is struggling in Zone XAUUSD Which is showing a great opportunity XAUUSD is ready to breakout. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.by ChartSight2
Gold continues to rise after retreatThe U.S. dollar index fell and spot gold prices rose, hitting a record high of $2,222.65 an ounce after the Federal Reserve largely maintained the policy outlook adopted in its summary of economic forecasts three months ago at its March meeting. The Fed kept borrowing costs at current levels at its March meeting and reiterated its outlook for a 75 basis point rate cut in 2024. Wall Street breathed a sigh of relief amid fears of a hawkish outcome amid rising inflation risks. The main takeaway from the FOMC meeting was: Nothing really has changed for the Fed; plans to cut interest rates this year are still on track, and the process of slowing quantitative tightening is quickly approaching, with Powell saying tapering could begin "soon." Gold can better maintain its upward momentum in the second quarter, and prices may set new historical records. At present, gold is in the stage of At present, gold is in the stage of consolidation after rising high, and the short-term rise will continue in terms of both fundamentals and technical aspects. Due to the rapid rise, the candle line is far away from the moving average, so it is currently repairing the gap. Next, you can focus on the $2190-2195 range. If the price falls back to this range, you can try to buy a long position.The take-profit price is temporarily set at around $2,220 above.Longby winner-20048
GOLD- What changes this weekend, surveyToday's Gold Trading Strategy: In the current global market, the price of gold has surged to a new all-time high of $2,197 per ounce, representing a significant increase of $40 per ounce since the early morning hours. This marks a new milestone as the highest price ever recorded. The rapid ascent in gold prices is a result of the Federal Reserve's decision to maintain stable interest rates during its most recent meeting, coupled with indications of a potential 0.75% rate reduction by the end of 2024. The decrease in the US Dollar Index following the Federal Reserve's announcement has made gold even more appealing to international buyers. Additionally, the decrease in 10-year Treasury yields has lowered the opportunity cost associated with holding gold, further propelling its upward trend. Longby RKarina34
GOLD IN BUY4h confrms high with my 3years research but buy pattern found in 4h ... also day dosnt confrms high if this current swing comes down and cross 2145.03 before touches 2170 then the high will be confrm right now in 4h current swing gives buy equals.. so 80% market will comes upside buy @2156-2151 sl 2146 tp 2158 tp 2161 tp 2170 tp 2180 tp 2195 notes: only for education Longby FIVE_WOLVESUpdated 3310
Short term bearish outlookLooks like we have shifted to a short term bearish scenario and therefore we can wait for the price to retrace towards 2161 and then create a short position with SL - 2165 and target as per chartShortby AJ-Paris_Market_UKUpdated 3
Gold could accelerate to $2600 quicklyContinuation inverse H&S breakout on weekly And supportive macro narrative after FED's indication on rate cuts could propel GOLD to 2600Longby MacroCow0
Gold price should I buy or sell?Welcome, dear friends, to our exploration of the tranquil waters of the gold market yesterday, where prices gently oscillated around Friday's closing figure of approximately $2159, in a serene anticipation of significant news expected to break on Thursday. Gold remains ensconced in its downward trend, encased within an unbroken parallel channel that signals the potential for further decline upon reaching the channel's upper boundary. Amongst whispers, the persistent pressure on this precious metal continues, stemming from expectations that the Fed might maintain higher interest rates for an extended period. Should the support level at $2147 give way, we might witness gold gracefully gliding back into the $212x region.Shortby RKarinaUpdated 32
There are no signs of reversal yet, so there's no hurry to sell.✨ Gold is surging, surpassing $2,200. Spot gold jumped $20 in a short period, exceeding $2,200 per ounce and currently trading at $2,202 per ounce, setting another record high. (H: $2,222.915/oz) ✨ Following this morning's Interest Rate news, Gold surged through 2060-65. The resistance zone has turned into a strong support level. ✨ The trading direction for the day continues to be bullish, with a stop loss at $2,195. There are no signs of reversal yet, so there's no rush to sell. ✨ Wishing all TradePro™ traders a highly effective profit-taking Thursday Longby RoBotProTakeProPips554
There are no signs of reversal yet, so there's no hurry to sell.✨ Gold is surging, surpassing $2,200. Spot gold jumped $20 in a short period, exceeding $2,200 per ounce and currently trading at $2,202 per ounce, setting another record high. (H: $2,222.915/oz) ✨ Following this morning's Interest Rate news, Gold surged through 2060-65. The resistance zone has turned into a strong support level. ✨ The trading direction for the day continues to be bullish, with a stop loss at $2,195. There are no signs of reversal yet, so there's no rush to sell. ✨ Wishing all TradePro™ traders a highly effective profit-taking Thursday Longby RoBotProTakeProPips3
GOLD IN BUY SUCCESSpervious analysis success is success... DAY doesn't confirms the sell... gold cross 2170 before touching 2145.03.... wait for correction and take a call... huge profit we made... stay tunes i will update tmr... Longby FIVE_WOLVESUpdated 2
XAUUSD GOLDsupport 2150-2145-2139-2121 resist. 2165-2170-2175-2180 watch carefully in this area and plan tradeLongby devkumarchakrawarty2022Updated 2
XAUUSD GOLD MIDNIGHT SETUPresist 2170-2175-2180 support 2152-2146-2139 watch carefully this structure in 5MNTLongby devkumarchakrawarty2022Updated 1
1st probability Work and trade active on GOLDtrade active 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 needs to wait for Fed decisionThe Federal Open Market Committee (FOMC) March meeting is underway, and the Federal Reserve will announce its interest rate decision today. While the Fed is widely expected to keep interest rates steady on Wednesday, markets are awaiting comments from Fed Chairman Jerome Powell after the meeting for the Fed's latest rate expectations Judging from the one-hour chart, the gold price has been fluctuating in the range of 2146-2163 US dollars from yesterday to today, and the amplitude of the fluctuation has gradually narrowed. The market is currently waiting for the Federal Reserve to release an interest rate decision. If rates are cut, gold will continue to rise. If current interest rates are maintained, prices will continue to fall. Conservatives can wait patiently for now.by navigator-20041168
TWO SELL POSSIBILITIES ON 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 Knickk2
XAUUSD: Selling strategy!XAUUSD Strategy: Hello dear friends! As of now, gold continues to follow a downtrend, limited below the trendline on the chart, with a current price of $2155 USD. We may consider continuing to sell gold in the $2055 - $2058 USD range, placing a short-term profit for today at $2145 USD.Shortby RKarina11
Gold looking barish for short As per price pattern and trend analysis of short termShortby TheMoneyOcean2
GOLD - Downward pressure on prices remainsThe price of gold today (20/3) slightly declined compared to the previous session following new economic data from the United States last night. Meanwhile, the US dollar continues to strengthen in the international payment basket. At the same time, the Federal Reserve of the United States (Fed) convened its first meeting in March, which will last for two days. The market is on edge regarding the possibility of interest rate cuts by this organization. However, last week's inflation figures showed that despite high interest rates, inflation has not decreased as expected. This has led experts and investors to believe that the Fed is unlikely to cut interest rates in this session. Furthermore, the significant increase in the number of new homes started in February is predicted to boost consumer demand for goods. This could contribute to an increase in the consumer price index in the future. With the difficulty for the Fed to cut interest rates, the USD may become even stronger, putting additional pressure on gold prices.Shortby RKarinaUpdated 30
XAUUSD bullish view 20-03-2024XAUUSD bullish view 20-03-2024 gold expected bullish view chance to take 2179.857 this levelLongby mindmonk114
Gold grinds within $15 trading range as Fed decision loomsGold price licks its wounds around the mid-$2,100s while portraying a choppy move between the one-week-old descending resistance line and $2,148 support confluence comprising the 10-day Exponential Moving Average (EMA) and the previous yearly high. In doing so, the XAUUSD depicts the market’s cautious mood ahead of the all-important monetary policy decision from the US Federal Reserve (Fed) while consolidating the previous weekly loss, the first in four. It’s worth noting that the overbought RSI (14) line and an impending bear cross on the MACD favor downside bias for the precious metal. In that case, a daily closing beneath $2,148 becomes necessary for the sellers to retake control. Following that, the late December 2023 peak of around $2,090 will be a quick favorite for the bears before the tops marked during early 2024 around $2,065. It’s worth noting that the $2,100 round figure also acts as a downside filter for the bullion. On the flip side, a daily closing beyond the one-week-old descending resistance line surrounding $2,163 could quickly propel the Gold price toward the recent all-time high of near $2,195. Should the quote remain firmer past $2,195, the $2,200 round figure will challenge the XAUUSD bulls. It should be observed that an upward-sloping resistance line from May 2023 also highlights the $2,200 threshold as an important hurdle toward the north. Overall, the Gold price is likely to depict a downside move unless the US Federal Reserve (Fed) disappoints the US Dollar bulls by resisting the hawkish performance.by MTradingGlobal0
"Navigating Gold's Struggle: Resistance at a Glance" In the financial markets, gold often serves as a barometer for economic uncertainty and investor sentiment. Currently, gold finds itself at a critical juncture, encountering resistance at a significant price level. This resistance represents a battleground where the forces of demand and supply converge, shaping the metal's trajectory in the near term. Understanding the dynamics at play amidst this resistance level is essential for investors seeking to gauge the future direction of gold prices and make informed decisions regarding their portfolios. Explore the factors influencing gold's resilience and the implications for the broader market landscape in this insightful analysis. @TradingView Shortby jadhaodipak9990