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
Gold sell side viewlooks like we can see a small correction in gold Low risk and high reward trade, if it comes above 2150 again please exit the trade otherwise it can give big targetShortby AJ-Paris_Market_UKUpdated 0
Gold next move (Bulls are in upper hand )(08-03-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (08-03-2024) Current price- 2158 "if Price stay below 2165, then next target is 2150 and 2140 and above that 2180. -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 AnupZiddi101064
Gold eases from record top, focus on $2,150, US NFPGold price snaps seven-day winning streak while retreating from the all-time high (ATH) of nearly $2,165 to $2,156 early Friday. In doing so, the precious metal portrays the consolidation of recent gains ahead of the all-important US employment details for February amid the overbought RSI (14) conditions. It’s worth noting, however, that the bullion still trades above the immediate resistance-turned-support, namely the previous record high marked in 2023 around $2,150. Hence, the XAUUSD sellers need validation from the US jobs report as well as the $2,150 to retake control. Following that, a quick fall toward the late December 2023 peak of around $2,090 and the $2,065-64 support zone can’t be ruled out. Even so, the commodity bears need to remain cautious unless the quote offers a daily closing beneath three-week-old rising support and the 100-SMA, respectively near $2,050 and $2,022. On the flip side, the Gold buyers stay in the driver’s seat and can aim for a 10-month-old ascending resistance line, close to $2,185 by the press time, during further upside. Should the quote manage to ignore the RSI conditions and remain firmer past $2,185, the $2,200 round figure will act as an extra filter toward the north. It’s worth noting that the XAUUSD’s successful trading above $2,200 enables buyers to aim for the 78.6% Fibonacci Extension (FE) of its moves between 2018 and 2022, around $2,336. Overall, Gold price remains on the bullish trend but a pullback appears imminent unless the scheduled data fail to inspire US Dollar’s rebound.by MTradingGlobal0
TWO Possible scenarios SELL AND BUY on XAUUSDI am interested in both SELLING and BUYING. After breaking all the resistance gold created all-time highs, but some correction may be possible, so I'm looking for a short-term sell and a big buy move after the correction.Shortby Knickk1
Gold price today: Record high!Hello everyone, it's great to see you all again for today's discussion on the price of gold! Currently, gold is trading around $2,145.560 per ounce, an increase of $17,995 per ounce compared to yesterday's price. This upward trend in gold continues today, driven by the expectation of monetary easing in the United States. Gold has strong potential for short-term growth as the Fed will not let the US economy weaken. The Fed is likely to soon cut interest rates, which will support gold. However, gold also faces several risks as the precious metal is rapidly rising and reaching record highs. Profit-taking pressure may increase as a result. According to technical indicators, gold is currently overbought. This could mean a potential reversal to a downward trend if profit-taking activities intensify.Shortby RKarinaUpdated 14
XAUUSD fvg gap trade .so, we have to just wait for the price to come at the 2119 to 21117 wait for the candle close or at a smaller time frame look for reversal to take trade on the long side. i have marked the levels . take trade carefully at your own risk. Longby rashidrashid5642Updated 0
Gold price today: Will the upward momentum continue?The price of gold (XAU/USD) has taken advantage of its recent upward momentum and reached a new record high around $2,152 on Wednesday. This price increase comes amidst expectations of an upcoming change in the Federal Reserve's policy. Comments from Fed Chair Jerome Powell have reinforced these expectations, indicating that the central bank is likely to lower the benchmark interest rate by the end of this year. However, Fed Minneapolis President Neel Kashkari has tempered speculation of a more aggressive policy easing, providing some support for the US Dollar (USD) and preventing it from dropping to its lowest level since February. As a result, this has limited further gains for gold, especially when considering the excessive price increase on the daily chart. At the same time, any significant adjustments in the price of gold seem unlikely due to the current geopolitical tensions. Furthermore, concerns about China's economic slowdown, as the world's second-largest economy, may continue to support this precious metal. Additionally, investors may exercise caution ahead of Powell's second testimony before the Senate Banking Committee and the release of monthly employment data in the United States.Longby RKarina30
new gold MomentumAs we can see gold on all time high so we should not rush it because if you see daily time frame of gold we can see that there is a chance for a good pull back so be wise remember its easy plase follw risk management only guys by umairkhan0520010
Gold Prices Poised for Upsurge: Flag and Pole Pattern Breakout "Get ready for a potential surge in gold prices as the market hints at a breakout of the flag and pole pattern. The flag and pole pattern, a continuation pattern typically seen in strong uptrends, is forming in the gold market, indicating a potential resumption of the bullish trend. Stay ahead of the curve and capitalize on this opportunity as gold gears up for a significant upward move. Keep a close eye on the breakout point and be prepared to act decisively to seize potential gains in the gold market." @johntradingwick @TradingView Longby jadhaodipak999111
XAUUSDWelcome back to a fresh discussion on the gold price for the upcoming week. In the past week, gold has witnessed an impressive surge, continuously climbing from $2035 to $2088 and maintaining a stable price around $2080 in the early hours of Monday. Looking ahead and building a strategy along with forecasts for this week: A survey involving 14 analysts revealed that none of them predict a decline in the gold price in the near future. Among them, 11 analysts, accounting for 79%, remain optimistic about the prospects of gold, while 3 analysts, making up 21%, hold a neutral stance towards this precious metal. Regarding today's gold price forecast: Gold has started to undergo a price correction and shows a slight downward trend under the pressure of profit-taking from investors, decreasing by 0.15% in a day. This price breakthrough may lead to gold being retested at key support levels, so investors need to exercise caution to avoid being swayed by the price.by RKarinaUpdated 36
Plan Trading Gold 7 MarchYesterday's candle was a strong green one, with a range of 27 pips and a body of 20 pips. Notably, it broke through the previous peak at 2149, reaching 2152. The trading volume for three consecutive days was consistently higher than the average, indicating a strong upward trend for gold prices. Regarding news: Yesterday had three pieces of news— one negative for the currency and two positive ones. However, overall, the economy seems to be facing difficulties as the indicators are worse compared to previous months. Today's news includes Unemployment Claims at 8:30 AM (better if lower for the currency). The last release was negative for the currency, yet the price sharply increased by 18 pips. This news is crucial. Another news event is Fed Chair Powell's Testimony at 10:00 PM, tightening/ maintaining is good for the currency. The recent release was yesterday, causing a 4-point price fluctuation with general and vague statements. Key buy/sell zones to watch: Buy zone 01: 2133-2134 Buy zone 02: 2124-2125 Scalping orders: Around buy 2142, sell 2150. It's challenging to estimate the sell zone after the news due to risks. Perhaps around 2174.by DucFI0