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Gold continues to rise again, entry buy todayWorld gold prices increased slightly with spot gold increasing by 5.5 USD to 2,036.6 USD/ounce. Gold futures last traded at 2,055.5 USD/ounce, up 6.5 USD compared to yesterday morning. World gold rose to a two-week high on Tuesday as it was supported by dollar weakness and lower Treasury yields while focus turned to the Federal Reserve's policy meeting. US State (Fed) to better understand how this agency will cut interest rates this year. According to RJO Futures senior market strategist Daniel Pavilonis, much of gold's volatility is due to falling yields and the dollar being in the red. However, Pavilonis said that expectations about interest rate decisions also caused gold to increase. The Fed's policy decision will be made on Wednesday. Markets are expecting the US Central Bank to leave interest rates unchanged at the end of the meeting. Pavilonis, the Fed said that, with the desire to have a stable market, the Fed may not conduct many interest rate cuts and Mr. Powell will also maintain a neutral attitude. Data last week showed U.S. prices grew moderately in December, keeping annual inflation below 3% for the third straight month and potentially allowing the Fed to start cutting interest rates. According to senior analyst Ricardo Evangelista at ActivTrades, the Fed's monetary policy stance is currently the most important driver of gold prices. He said that even the safe-haven appeal of precious metals cannot counter changing market expectations around central bank monetary policy. According to this expert, the market's expectation that the Fed will actively cut interest rates could push gold to $2,200/ounce with an average annual price of up to $2,100/ounce.
OANDA:XAUUSDLong
by NicoTradingMaster
GOLD-wait for trend Pay attention to the non-agricultural ADP small data and the impact of the Federal Reserve's interest rate decision on the market. Our focus remains on whether Powell's speech is dovish or hawkish, as interest rates are certainly on hold for the time being. Last December, after Powell revealed the possibility of cutting interest rates, he was interpreted as dovish by the market, causing many asset prices to begin to rise sharply. Recently, many Federal Reserve officials have stated that they will not cut interest rates before summer, cooling the market. Personally, I think Powell may be leaning toward the hawkish side. Although gold broke through 2040 yesterday, it quickly returned to the previous range, indicating that this breakthrough was a false breakthrough, so we cannot be blindly bullish today. If today's data and conference are not favorable for gold, there is a high chance of another decline Short term strategy: Xauusd:sell2039-2043 TP:2033-2028-X SL:2048 If the data is bullish and the gold price rises first, or even directly breaks through yesterday's high, gold may test the 2055-2060 range. Therefore, before the data and conference are released, I suggest trading with small positions and wait until the trend is obvious before we follow it.
TVC:GOLD
by UnknownUnicorn64321080
Gold trading strategy today, Buy trend returnsGold prices steadied early in the US session on more safe-haven demand after a weekend terrorist attack in Jordan left three US soldiers dead. The recent attack on US forces in Jordan threatens to spread conflict in the Middle East, when US leaders are under pressure from Congress to take action in response. The world is anxiously waiting for the US military's response. President Biden said the US will respond. Developments in the Middle East cause gold prices to continue to rise. However, analysts say that the continuous adjustment of market expectations about when to cut interest rates by the US Federal Reserve (Fed) could hinder the rise in gold prices. The US Dollar Index (DXY) measures the greenback's fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF), at 103.48 points. In China, a Hong Kong court issued an order to liquidate Evergrande Group after the company failed to reach an agreement with creditors. The liquidation will be closely watched by the market.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD-Will there be a breakthrough? Markets remain cautious ahead of Wednesday's Federal Reserve monetary policy decision, with rising tensions in the Middle East boosting demand for safe-haven assets Today we need to pay attention to the monthly rate of the FHFA house price index in the United States in November, the annual rate of the S&P/CS house price index in 20 major cities in the United States in November, JOLTs job vacancies in the United States in December, and the Conference Board consumer confidence index in the United States in January! It can be seen that gold has been in a volatile upward trend, but it has encountered resistance many times in 2039-2040. Strategy 1: Xauusd:buy2032-2028 TP:2037-2040 Strategy 2: Xauusd:buy2025-2020 TP:2032-2037 If gold breaks through directly, we can follow the trend and trade. I will continue to analyze the specific trading details. Join me as I give strategies and analysis every day to let you know how to trade
TVC:GOLDLong
by UnknownUnicorn64321080
GOLD-analysis strategy Over the weekend, a U.S. military base was attacked by a drone in Jordan, killing three and injuring 25. This was the first time a U.S. soldier was killed in an attack in the Middle East since the new round of Palestinian-Israeli conflict. Last week I also emphasized that gold still has room to rise. The current high point of gold is 2033. This week’s data focus will be on Tuesday’s U.S. consumer confidence and JOLTS job openings, Wednesday’s ADP employment data, Thursday’s weekly jobless claims and ISM and December manufacturing data Last week, the range fluctuated between 2009 and 2036. Before the data is released this week, we will continue to maintain the golden range fluctuation treatment. Our trading still maintains selling at high prices and buying at low prices. Xauusd:sell2035-2040 TP:2030-2026 Want to know more strategies, join me, I will analyze every day
TVC:GOLD
by UnknownUnicorn64321080
GOLD-Trading strategy analysis The gold market focuses on data: the number of initial jobless claims in the United States in the week to January 20, the initial value of the annualized quarterly rate of real GDP in the fourth quarter of the United States, the initial value of the quarterly rate of real personal consumption expenditures in the fourth quarter of the United States, the initial value of the annualized quarterly rate of real GDP in the fourth quarter of the United States, The initial value of the annualized quarterly rate of the core PCE price index, and the annualized total number of new home sales in the United States in December. Yesterday I emphasized that gold is choosing a direction. Yesterday's data was not conducive to gold. However, gold did not form a unilateral decline, but only expanded the range of shocks. The volatility of gold is very small now, and today's data release will still affect the trend of gold. Although it is in a downward trend, we cannot blindly follow it. We can wait for the appropriate resistance and support to sell or buy. Xsuusd:sell2021-2025 TP:2015-2011 SL:2028 During a downtrend, we do not trade buy orders for the time being. Join me, I will analyze the market situation every day and give you suitable trading strategies for your reference.
TVC:GOLDShort
by UnknownUnicorn64321080
GOLD M30 / EXPECTING A SHORT MOVE ON SMALL TF 💲Hello Traders! This is my forecast on GOLD M30. I will look for a short trade entry if I see the retracement from the OB H1. My target is the resistance level at the price of 2002. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:GOLDShort
by GoodTradeST
GOLD-analyze Today, Friday, focus on the annual rate of the US core PCE price index in December. Gold's fluctuations were not large yesterday. Although yesterday's data was not conducive to gold, the lowest level only reached 2009, and finally rose to above 2020. Today's core PCE data is very important to the trend of gold. From the perspective of expectations, core PCE 3.0% is indeed possible. After all, U.S. inflation has continued to decline since last year, but it should be noted that the phased rebound in U.S. housing prices has continued. This all brings suspense to the evening announcement. It can be seen that gold is still in a downward trend, so we still focus on selling, but we must wait until the important resistance range before selling. Strategy 1: Xauusd:sell2026-2030 TP:2020-2017-2010 Strategy 2: Xauusd:sell2032-2036 TP:2026-2020 SL:2039 With the above two strategies, you can choose the appropriate trading strategy based on your own funds. Join me as I share my thoughts every day for your reference
TVC:GOLD
by UnknownUnicorn64321080
Gold continuously adjusts downward, latest trading strategyWorld gold prices this morning inched up slightly with spot gold increasing by 7.9 USD to 2,019.9 USD/ounce. Gold futures last traded at 2,021 USD/ounce, up 9 USD compared to yesterday morning. Gold inched up slightly in Thursday trading thanks to falling Treasury yields after US GDP data showed the US economy grew faster than expected in the fourth quarter thanks to strong consumer spending, with Growth for the whole year reached 2.5%, and inflation is "cooling down". According to TD Securities commodity strategist Bart Melek, although the economy is much hotter than expected, the report also shows us that inflation is falling, so we should not prepare for a rise in interest rates. spike. This is helping gold, the expert added. According to CME FedWatch Tool, after the report, the market expects the US Federal Reserve (Fed) to keep interest rates unchanged at its policy meeting on January 30 and 31 and forecasts an 89% chance of cutting interest rates. capacity in May. In addition, gold also received some support when a recent report showed that US initial jobless claims increased by 25,000 to a seasonally adjusted level of 214,000 in the week ended January 20. . Economists had forecast 200,000 claims in the latest week.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD-Choose a direction? Gold is still fluctuating in a range. The range is: 2017-2042. You can see that the lows of gold are gradually getting higher and the highs are gradually getting lower. Gold now faces a choice of direction, and we need to observe which way it will break through Xauusd:sell2035-2040 TP:2030-2027-2022 SL:2044 Xauusd:buy2017-2023 TP:2025-2030 SL:2013 It is still within the range, so we can still buy low and sell high according to the previous two strategies. You can adjust SL and TP according to your capital position. Join me, I will analyze every day and give reasonable strategies
TVC:GOLD
by UnknownUnicorn64321080
Gold continues to decline, today's strategy is mainly to sellWorld gold prices increased slightly this morning with spot gold increasing by 8.3 USD to 2,028.9 USD/ounce. Gold futures last traded at 2,030.6 USD/ounce, up 8.4 USD compared to yesterday morning. World gold prices were adjusted up slightly as investors waited for a series of US economic data this week to get more signals about when to cut interest rates by the US Federal Reserve (Fed). According to RJO Futures senior market strategist Daniel Pavilonis, the gold market is in a neutral environment as prices continue to remain above $2,000/ounce and are unable to break out of the current range. This week, the market is awaiting the preliminary US Purchasing Managers' Index report due out on Wednesday, fourth-quarter GDP data expected on Thursday and personal consumption expenditure data on Thursday. Friday for more signals on the interest rate direction of the US Central Bank. Fed officials said last week that the US Central Bank needs more data before making any comments regarding any interest rate cuts and that the timing of loosening monetary policy may be later. much higher than market expectations.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD-Will it break through the range? It can be seen that yesterday gold had strong support from 2017 to 2021, but today’s highest point was at 2037, and the previous highest point was at 2039, which means that the high point continues to move downwards Xauusd:sell2037-2040 TP:2030-2027-2022 SL:2044 If gold falls directly, we need to continue to observe whether yesterday's 2017-2021 support range fell below Join me, I will always pay attention to the market trend and then analyze
TVC:GOLD
by UnknownUnicorn64321080