Gold prices dipped on Friday as the US jobs report and rising Treasury yields reshaped market sentiment. The US Dollar also trimmed some losses, adding to the pressure. Despite the NFP data missing the mark, the Unemployment Rate remained stable.
The current consolidation phase comes amid uncertainty following Fed Chair Jerome Powell's cautious stance on interest rate cuts, emphasizing a potentially "bumpy" path to 2% inflation. The impact of Trump's tariff policies also remains a key consideration.
So, what does this mean for gold prices? Even with central banks like the PBoC and NBP actively buying gold (as highlighted by the World Gold Council), the market faces conflicting forces.
In this video, I break down the technical analysis and share my strategies for navigating the next move in the gold market.
#gold #goldprice #federalreserve #jeromepowell #nfp #trading #technicalanalysis #investing #marketnews #goldmarket #ustreasuryyields #greenback
Disclaimer:
Forex and other market trading involve high risk and may not be for everyone. This content is educational only—not financial advice. Always assess your situation and consult a professional before investing. Past performance doesn’t guarantee future results.
The current consolidation phase comes amid uncertainty following Fed Chair Jerome Powell's cautious stance on interest rate cuts, emphasizing a potentially "bumpy" path to 2% inflation. The impact of Trump's tariff policies also remains a key consideration.
So, what does this mean for gold prices? Even with central banks like the PBoC and NBP actively buying gold (as highlighted by the World Gold Council), the market faces conflicting forces.
In this video, I break down the technical analysis and share my strategies for navigating the next move in the gold market.
#gold #goldprice #federalreserve #jeromepowell #nfp #trading #technicalanalysis #investing #marketnews #goldmarket #ustreasuryyields #greenback
Disclaimer:
Forex and other market trading involve high risk and may not be for everyone. This content is educational only—not financial advice. Always assess your situation and consult a professional before investing. Past performance doesn’t guarantee future results.
Trade active
Technical Set-Up📊 Trading Set-Up:
Check out the chart below where I've marked the levels that are likely shaping the price of the XAUUSD.
This technical setup highlights potential turning points and trade opportunities in the current market dynamic.
💡 What's Next:
I'll be diving deeper into this analysis during our upcoming live stream, where we'll discuss the drivers behind the market movements and explore actionable strategies.
Note
#XAUUSD📊 Trading Set-Up:
Look at the chart below, where I've highlighted a structure likely influencing the XAUUSD price today.
Note
#XAUUSD130 pips in profit; secure position
Note
Technical Set-Up | 15 Min Timeframe | 12th March📊 Trading Set-Up:
Check out the chart below where I've marked the levels that are likely shaping the price of the XAUUSD.
This technical setup highlights potential turning points and trade opportunities in the current market dynamic.
💡 What's Next:
I'll be diving deeper into this analysis during our upcoming live stream, where we'll discuss the drivers behind the market movements and explore actionable strategies.
Note
#XAUUSDStatus: ✅ Buy position active, currently up approximately 45 pips. US CPI data came in below expectations, increasing the likelihood of a Fed interest rate cut.
Action: 🔒 Secure your position now.
Plan: 🔭 Monitoring for new opportunities around the $2,922 level.
Note
#XAUUSDTechnical Set-Up | 15 Min Timeframe | 12th March
📊 Trading Set-Up:
Check out the chart below where I've marked the levels that are likely shaping the price of Gold today.
This technical setup highlights potential turning points and trade opportunities in the current market dynamic.
💡 What's Next:
Secure existing buy positions and we'll be diving deeper into this analysis during our upcoming live stream, where we'll discuss the drivers behind the market movements and explore actionable strategies.
Note
#XAUUSDAs discussed during our livestream, price action breaks the $3,000 mark with over 150 pips in our favour!
Trade smart. Trade consciously
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade smart. Trade consciously
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.