XAUUSD BREAKED SUPPORT 2160 NEXT TARGET 2145Reason Behind the Sell 1. RSI 14 Below 50 which indicates in Sell Trend in 1H Timeframe 2. Stochastic (5,3,3) Over Bought hence it Fall Overall Possible outcomes XAUUSD SELL@ 2160 SL 2170 TP 2145Shortby kripsonfx97110
XAUUSD Gold Prediction & AnalysisAs per technical analysis the bearish Engulfing candlestick chart pattern perform on daily time frame, As per price action below 2186-2187 Gold is bearish & above this level possibility to move upper side. Shortby paontakaran1
Gold price today: Waiting anxiously!The Tuesday trading session holds significant importance for investors as the US Bureau of Labor Statistics prepares to release the Consumer Price Index (CPI) report for February. This report is expected to provide fresh insights into recent inflation trends and guide the Federal Reserve's short-term monetary policy. According to forecasts, the overall CPI may increase by 0.4% compared to the previous month, reflecting the impact of rising energy costs. This result is predicted to maintain an annual interest rate stability of 3.1%. Meanwhile, the core index is anticipated to rise by 0.3% monthly, causing a slight decrease in the year-on-year rate from 3.9% to 3.7%. Gold prices fluctuated between 2175-2185 during yesterday's trading session, awaiting information from the CPI report set to be released at 7:30 PM tonight. It is expected that after the news, prices will break the current pattern and form a clear trend, enabling investors to devise short-term trading strategies: Sell around 2185-2188, with a stop loss at 2191, targeting 2172-2175. Buy around 2173-2175, with a stop loss at 2169, targeting 2186. Note: It is advised to close positions before the news is announced.Shortby RKarinaUpdated 2263
If Gold XAUUSD fall below 2145 then profit booking will start On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
gold looking for buyextreme poi for buy gold with small sl. and trend is bullish Longby TheMoneyOcean118
Gold trend is bullishSo there is a poi that can be work as support. And we can see a bullish move in gold. Longby TheMoneyOcean1
Gold price today: Become more cautious!The price of gold today did not decrease as previously predicted, instead it continued to move sideways and traded around the $2180 mark in the early hours of Tuesday. The market remained quiet on Monday due to a lack of significant news, resulting in no significant changes in the price of gold. Gold still shows a long-term upward trend, but at the moment, it is significantly influenced by news, especially information about the possibility of the Fed cutting interest rates in the middle of this year. During the week, the market will closely follow reports on retail sales, weekly jobless claims, and manufacturing data from the US. The future path of gold is still uncertain, so stay cautious and closely monitor the information. RKarina will continue to provide updates to support you!by RKarinaUpdated 19
$GOLD has broken out - $2600 in sightXAU breakout of a 3yr+ inverse H&S , breakout target puts it at ~2650 Can go higher still. Great entry would be a retest around 2080-2090 breakout region Longby Bitrageur0
Navigating Gold Trading: Identifying Buying Opportunities at SupExplore the intricate world of gold trading and discover how to capitalize on buying opportunities within a defined range. This guide delves into effective strategies for identifying support levels, enabling traders to make informed decisions and maximize profits. Whether you're a seasoned investor or a newcomer to the market, learn how to navigate the fluctuations of gold prices and seize advantageous positions when the market hits key support levels. Unlock the potential for success in gold trading by mastering the art of recognizing buying opportunities amidst market volatility.Longby jadhaodipak9990
GOLD 30MinGold was bullish last weak. wait for breakout a healthy correction is about to come.Shortby kashifhussainpathan3
What changes in the new gold price?Hello dear friends, let's find out about the gold price today and evaluate the strategy for this week! Last week, we witnessed a strong surge in Gold and it surpassed its all-time high with a figure close to $2200. We expected it to correct its trend last week, but it seems that the buying side continues to push it higher, and it is currently trading around $2180 on the first day of the week. The trend of this metal is still unclear, although the upward momentum is dominant, it is still heavily influenced by market news. Therefore, it is necessary to monitor and closely follow important information during the week. Regarding prospects: The global gold price this week is likely to see investors taking profits after a continuous week of price increase, causing the gold price to turn downwards. However, this decrease is not significant as political tensions continue to escalate and the US dollar remains subdueShortby RKarinaUpdated 33
buying opportunity spoted in xauusdwaiting for breakout in gold ,intraday long position can be taken today as oer shown at chartLongby jadhaodipak9992
GOLD trendGold Spot CMP 2179 - if it breaks & sustain 2179 Then 2169-66 Currently weak 2171 possible Upside 2184-87-92 - if sustains above 2192 Then move will be fast For more info - plz visit my profile Dont miss to LIKE/BOOST & Share this idea Rgds, Naresh G SEBI Registered RA Longby NareshG_SEBI_REGISTERED_RAUpdated 4
Potential Future Outlook for XAUUSD - March 10th, 2024Why We Think the Price Might Drop: 1. The price is hitting a trendline around 2195-2205 . 2. We expect a correction after a big increase in price. What Might Happen Next: Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210 . We're aiming for targets around 2145 and 2085 afterwards.Longby nadeem_fx34
XAUUSD SELL PROJECTION 10.03.23Reason Behind Bearish 1. Obey Trendline @ 2200-2210 2. Correction expected after Huge Hugh Pumb Overall Possible Outcomes XAUUSD SELL @ 2200-2210 SL 2222 TP 2140 Shortby kripsonfx979
XAU bullish countinuation my bias xau will continue bullish supported by NFP data and last week powel speech, shorter i looking for sell at tf m30 and at the same time i looking for confirmation buy at tp area to aproach weekly target Longby yyusrizal226
Gold price today: Expect a gentle adjustment!Let's take a look at the exciting gold news of the week! Since February 28th, the gold market has truly heated up, with prices soaring to new heights and gently landing around $2,160 per ounce in Friday's Asian session. The expectations of a Fed rate cut in June have breathed new life into the sails of gold prices. And it was none other than the suggestive remarks from Fed Chairman Jerome Powell before Congress that added fuel to the fire, making predictions of an interest rate reduction even more certain. Looking back on a dazzling week for gold, it is not difficult to see that after the frenzy comes the cool breeze of adjustment. Personally, I predict that while gold has reached its peak of glory, it will not be able to avoid a certain "cooling down." Let's wait and see what gold will do next in this vast financial landscape.Shortby RKarinaUpdated 41
Will The Bullishness Continue or A Retracement is on Cards?Gold has continued it's Bullish momentum as mentioned in previous Idea post. From 2080 to 2130 we had anticipated the move, before the retracement begins, But Gold has surpassed 2130, that makes a case for further Bullishness opening 2150 2200 Although it is little less likely for Gold to Zest past 2150 without some retracement, But JOLTs and Powell could make it happen. Although technically a Pullback is due. In Summary: 2150 2120 Trending move on either side break is possible 2175 2200 on upside 2115 2090 2060 on Downside could be tested. by DrAnandMUpdated 131322
Short Swing Trade on XAUUSDSymbol - XAUUSD CMP 2147 A retracement is pending in XAUUSD after a huge up move. Taking short position in XAUUSD at CMP 2147 SL - 2160 Expected Targets - 2125, 2112 & 2090 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!Shortby akshit_officialUpdated 2210
Bullish view for goldWe'll exercise patience as we wait for the price to reach the .618 Fibonacci level at 2150 . Once this level is attained, we'll proceed to place a buy side order, with a stop loss set at 2147 , aligning with our bullish perspective. This strategy allows us to capitalize on upward market momentum while implementing risk management measures to safeguard our position. With a clear bullish outlook and strategic execution, we aim to capitalize on favorable market movements and optimize our trading performance.Longby AJ-Paris_Market_UKUpdated 1
Gold price today: Waiting for new jumps!The price of gold continues to rise to its all-time high around $2156 as Chairman Jerome Powell's comments reinforce expectations of monetary policy easing this year. Betting on interest rate cuts is driving up the price of gold, and everyone anticipates that the easing will happen soon, further supporting gold. The non-farm payroll report for February, set to be released on Friday, is expected to provide clearer information on the timing of the US interest rate cut. According to a Reuters poll, economists forecast that the US created 200,000 jobs in the month. If the employment figures are weaker than expected, it could push the price of gold even higher, nearing $2,200 per ounce.Longby RKarinaUpdated 2229
simple niether experienced nor noob just a open minded As we can see th egold is on all time high so I has to wait till gold break the lvl of 2163.837 after that i took the trade and you always look for teh 30 min closing i managed to take 60 pips 🤞❤️Longby umairkhan052001884
gold expected move todayXauusd, expected move on down side , today in NFP, gold is reach all time high no any data in technical analysisShortby mindmonk557