Get started

Goldmansachs

Gold bulls can soar to new highsYesterday Wednesday morning, gold opened near 2410, the opening shock down near 2407 to stop into the shock, long and short in 2410-2407 after a saw-saw a wave of low near 2403 to stop rising through 2410, the highest to 2412 line once again ushered in a low 2404, but unfortunately, the short did not open down, Instead, it is ushered in a bull counterattack to break 2420, as of the eve of the European trading, gold is also the highest rose to 2423 line to usher in a stop. During the European trading session, gold climbed further higher near 2425 and ushered in a halt to fall 2415, unfortunately, the bears did not have further lower momentum, long and short is therefore Mired in the range of 2422-2417 oscillations, in this sense, the market volatility is also Mired in bleak. And the United States trading period, the gold shock since 2417 ushered in a bull outbreak to pull up near 2429 ushered in a halt to fall, gold is therefore a flash down near 2419, followed by gold shock, until the midnight interest rate resolution and Powell speech, gold only ushered in a further climb, gold is therefore a surge to break 2430-2440, The highest level reached 2450, and finally gold closed at around 2447. - Can gold bulls hit new highs? Powell releases pigeons, can gold still top? - So for yesterday, Wednesday operation I also said.2420-2430 short, this is not much of a problem, and ADP data although the judgment is bearish is also a reversal, but the fact is, ADP more gold in the case, the market has no volatility, this point, the market is waiting for midnight Fed dynamics to choose the direction. So for the Fed's interest rate resolution and Powell's speech last night, I expected to be biased toward the eagle, but unexpectedly, Powell is the opposite of the dove, which also let me be caught off guard. Of course, in fact, it is not that the absolute pigeon is loud, relatively, as always likes to play tai Chi Powell, but also for the future market buried a lot of fodding, this point, you for the future market, also need to be careful. Of course, for the moment, after Powell's speech, the market is also waiting for a further outbreak of non-agriculture tomorrow, and, in the case of gold, which is currently at a high level, there may be a further baptism, which you need to be cautious about. So for last night, what did Powell say and what impact will that have on gold? First of all, for last night, Powell revealed that there are Federal Reserve officials support radical adjustment of interest rate policy last night, which undoubtedly intensified the market's bet on interest rate cuts, especially Powell said that inflation is no longer the focus of the Federal Reserve data, now the Federal Reserve is more concerned about the labor force and unemployment rate data. And also said that more will choose to consider whether to adjust the interest rate policy in September, that is to say, the market is currently focusing on Friday's non-farm employment data report and unemployment data, once the US labor force performance has slowed down slightly, then the September rate cut or will be a certainty, and considering the market institutions. Maybe the gold market may also face the possibility of further washing, this, you need to be careful about it. So, for today, on the basis of Powell's pigeons, can gold bulls usher in an outbreak of pull up? First of all, although it is said that Powell's pigeons are helping gold bulls, but you do not forget that gold has stopped rising since 2353, itself is the existence of the market to Powell's speech to put pigeons bet, and gold has risen 2450 since 2353, bulls have also erupted nearly 100 points, this wave of bullish impact is actually digested in advance, and to tell the truth, Even if there is the impact of interest rate cuts, gold is not so able to rise, if not for the two days of geopolitical risk to stimulate further support for gold bulls, gold is estimated to be unable to overcome even 2440, so in this case, I personally believe that bulls are currently facing exhaustion, and, can currently lead to interest rate cuts landing there are surprises, if the non-agricultural market on Friday is bearish, Then it will also reflect the strong labor market in the United States, which will lead to the occurrence of bull flight, which, for the current time, you are still cautious about it. So for today, in the morning, gold has been blocked from opening 2450 back to 2444 and has climbed, but generally speaking, gold is currently in the vicinity of 2450, in this case, I still reiterate the view of bearish peak, at present, although the bulls are strong, but more, I think the bulls are dying, For this pull up, although it will stimulate the market to buy further sought after, but the relative, will also trigger the market institutions harvest opportunities, for the current, I personally think that the gold stage reached the top, if you have the opportunity or batch layout of the long-term empty single defense. Above, 2460 can not break the preliminary layout, and further defend 2470-2480 to find the opportunity to layout. Below do more need to wait for 2420-2400 not to break again to participate, of course, for today, make up to exclude the possibility of further exposure to market control baptism, you remember to pay attention to random response.
OANDA:XAUUSDLong
by Transactionheadhunter01
The price of gold will continue to rise after the callback. Powell said that the probability of the next interest rate cut is very high. The gold price rose accordingly. At the same time, the news from Iran. Counterattack is only a matter of time. Once again pull the market sentiment. Risk aversion continues to rise. Cause gold to rise again. The highest reached 2450. After the opening, gold maintained at the 2446 line and continued to fluctuate. Intraday trading plan: Buy on callback. Wait for the increase of risk aversion. First pay attention to whether there is effective support at 2440-2443. COMEX:GC1! OANDA:XAUUSD TVC:GOLD
TVC:GOLDLong
by Eddy_Wealth
Can the gold bull boom lastToday, Monday morning, gold opened 2388 line, the opening fell back a wave of 2387 ushered in a stop, then the bulls opened up the outbreak broke 2390-2400, the highest to 2403 ushered in a stop near 2394, then also fell a wave of 2394, so for this, you must also be surprised, Like this opening of the explosive situation, there is only one possibility, that is caused by smashing, but why gold in the early morning hit pull up it, this is mainly the stimulus of the news, then for the double break, the Middle East and then fire, this is a big, is also the main reason for the bull hit pull up, of course, the gold itself is in trouble this week, In this case, gold also suffers from a below-risk stimulus, and gold is also adding another element of surprise, which, for this week, you need to be careful about. Of course, for the double break period Chen Feng I updated my blog said, the beginning of the gold week to see the rebound, for this morning, to tell the truth, even if there is no geopolitical risk impact, we are also bullish on gold, this point, at present, just say that because these factors accelerated the rise of gold, this point, you also need to be cautious. Then again, after the outbreak of gold bulls fell back, in this case, how should we choose to be long and short? First of all, you can review my double break blog for reference to understand, for this week, before Friday, I am inclined to believe that bulls have a further outbreak of higher, for no other reason, interest rate cuts in the way, unless there is a major limit to the data explosion, or the Federal Reserve internal position on it, otherwise the current market heat for interest rate cuts, In addition, gold 2353 ushered in a stage of bottling out, bulls are having a further outbreak of strength, and, although the market is expected to implement interest rate cuts in September, but you know, there are radical interest rate cuts inside the Federal Reserve, which does not rule out the possibility of sudden interest rate cuts in this week's interest rate minutes resolution, in this case, The market's pursuit of its bulls will also be around the gold long and short balance, in this regard, the bulls are currently under the influence of this multiple positive, but also have further climbing momentum, this, you also need to be cautious about it. But to be honest, for the moment, although gold bulls have high momentum, but you don't forget, the market is variable, and because this morning's bull climb broke, which is relatively further inspired the market for bulls after, in this case, market institutions are undoubtedly also covetously, for today, gold in the rebound process, It does not rule out the possibility of institutional interception, you know, the current bullish heat of the market is high, which is not a little bit of a signal to do more, in this case, wash the long plate, and then on its empty reversal, long and short double kill, almost perfect, for this week, you also need to be cautious. Of course, this does not rule out the possibility that the institution will allow it to go higher, which, for the moment, you need to adapt to it. So for today, Monday, early in the morning, gold has ushered in such a large news surface to stimulate volatility, although gold in the rise of 2403 ushered in a lower, but the lowest fell a wave of 2394 near to usher in a stop, for today, the operation, from the technical perspective, it is still feasible to do more, so for the moment, You can first stick to 2390 not break to do more, above attention 2410-2414 this position does not break the backhand, such as encounter 2390-2387, you are the trend to short wait for 2380-2370 not to break again to consider doing more. Of course, due to the market this week ushered in a heavy information surface stimulus, in this regard, you need to be cautious about the operation, then the specific details of the operation, I offer to do again, you remember to strictly follow my requirements to control positions and stop losses can follow up.
OANDA:XAUUSDLong
by Transactionheadhunter01
1
Can gold top againYesterday Tuesday, for yesterday, must be pretty boring for everyone, right? To tell the truth, even Chen Feng I did not expect the market volatility will be so low, but although it is said to be low, but the volatility of the market we are undoubtedly in control, white, after all, for yesterday, I clearly said that gold is bullish, this point, gold since the opening down 2377 is also ushered in a stop rally to break through 2390, Although it is said that the long and short all day around 2390 began to seesawing, but this point, also relatively reflects the quiet before the storm, after all, this week super week, a variety of information data erupted, on the eve of the outbreak of some information, the market will inevitably be in a state of caution, of course, for yesterday evening, Chen Feng I also said, Gold high probability of breaking 2400 impact 2410 near, although it said that during the midnight hit under the break down a wave of 2383, but the result is that gold rose 2410, even if you have to do more, 2382 stop loss is completely reliable, for yesterday, if anyone did not control the profit, then you withdraw from the market as early as possible, After all, the analysis is placed here, the strategy is placed here, and this can all be lost, which can only say that you do not trust me, and that there is no need to follow me, and I hope that you will do it for yourself. So in general, for yesterday, one to one to give a single profit of about 44 points, this is still due to early rest to give up the midnight operation, otherwise the profit is greater, this, you will compare myself to the single statistical verification can be. So at the moment, other, I also do not say much, after all, today's market will usher in a major information surface outbreak, here, I also make an analysis of today's market, each of which I read the following reference to understand. -- Gold market review yesterday -- Yesterday Tuesday morning, gold opened 2383, the opening shock went up 2384 line stopped to usher in a fall, gold is also a wave of shock slow fall down to break 2380 mark, the lowest fell to near 2377 to usher in a recovery, then, gold is also ushered in shock slow rise, gold step by step climbed up to break 2390, this point, the Asian session, Gold has also ushered in a rise of more than 10 points since 2377. And the European trading period, gold performance is not generally bleak, the highest to 2392 line, the lowest fell to 2387 line, long and short deep in this range of oscillations saw, and most of the time gold is deep 2-3 points sideways saw, this point, gold volatility is undoubtedly bleak, and until the eve of the United States, Gold will fall back a wave near 2385, this point, the market is undoubtedly waiting for the outbreak of long and short. And the United States trading period, gold volatility slightly expanded, gold since 2385 ushered in a bull surge, gold is also a break to 2397 line, but good times did not usher in a further break the 2400 mark, but it is a fall in the sell-off to 2383 near to usher in a halt, and midnight, gold stagnant recovery, gold rose. Gold is also directly from the 2384 line ushered in a surge of bulls, bulls broke 2390-2400-2410, the highest is also rose to near 2411 before ushered in a stop to fall 2401, and then the shock rose a wave of 2409 stopped and fell 2402, after this wave, gold returned to calm, long and short in 2407-2402 range. It eventually closed near 2,406. Gold welcomes interest rate minutes and Powell Attack? The end of the moon line, can gold again top? - Yesterday Tuesday, for yesterday only, due to the market news on the eve of the outbreak, long and short trading performance calm, this, but also led to the gold day deep shock saw, then for this situation, Chen Feng I have been repeatedly stressed the wait and see waiting for back to do more opportunities, to say the truth, for yesterday, whether blocked in 2390 can not stabilize, Or in the case of 2400 mark is not optimistic about the breakthrough, the market is still biased towards the bearish heat, and this I also said, the market generally bet on interest rate cuts in the case of gold, the market bullish gold heat is high, in this case, whether it is the market retail investors or how, considering the market institution washing psychology, this is also leading to the market will seek to short the opportunity, But for this, I also said yesterday, is the so-called smart by smart mistake, since the institution chose to smash the dish, it must be made of all aspects of consideration, just like last night, gold broke 2390 head, stimulate the market bullish heat, but the bulls are blocked in the trend line can not break, but also in the evening hit down. In the evening in the United States jobs data released bearish case, bulls and hit up, and gold stabilized at 2390, but also again hit down 2383, so for this situation yesterday, unilateral to consider the analysis, it is certainly not possible, after all, for the market retail investors, the market will only give you to see what you want to see, and these, It is often a trap, which is why we were able to make a perfect profit yesterday while you suffered a loss, which you must remember not to be misled by the market. Of course, for yesterday's analysis, you can also review my yesterday's blog post "Whether gold can usher in a unilateral surge today" for reference. Then again, the reason for yesterday's surge in gold, there are certainly some people who question that this is less than the risk of stimulus, in fact, I do not deny, after all, the gold bull smashing the plate outbreak is also needed reasons, but why is it the reason of geopolitical risk, and conversely, since the geopolitical risk can break out, Why did it break at 2400 and stop at 2410? I say something bad, for gold, geopolitical risk has always been the focus of global attention, I also said before, in the face of news, the technical surface is useless, in the face of institutional control, the news surface is useless, and in the face of geopolitical risk, any factor is useless, because the war sounds the truth of gold, everyone understands, if there is a war to stimulate gold higher, Then it is bound to encounter the global market to follow the influx, in this case, the funds mobilized by institutions, in fact, and the entire market retail investors, and can not form a confrontation, which is why the impact of geopolitical risk on gold is so large. But when it comes to geopolitical risk, does anyone care about what's going on in the Middle East? As a metaphor, we eat humble meals every day, and occasionally eat seafood, it still feels quite excited and happy, but once every day is seafood, then anyone will adapt to it, no sudden surprises. And this is the moment, although the sudden geopolitical risk is enough to shake the gold market, but for the current gold, the geopolitical risk is breaking out all the time, the market has been numb, to say bad words, unless the United States superpower was suddenly wiped out, otherwise the market will not have a greater feeling, this, I also hope you can understand. So back to the subject, for today, Wednesday, ADP data will break out, at the same time, tonight at midnight, the Federal Reserve interest rate minutes will be released, followed by Powell will speak, so in this case, gold long and short how to choose? First of all, let's talk about the ADP employment data, then for this data, the pre-market value is 150,000 people, the market is expected to be 150,000 people, from this point of view, the market does not think that the number of jobs will have a large float, but it is worth mentioning that yesterday the US job vacancy data, the market is expected to be 8 million vacancies, The actual announcement is 8.184 million vacancies, which also proves that the actual situation of job vacancies in the United States is higher than market expectations, that is, in fact, there are more jobs for the United States employment population, reference to this situation, the United States employment population is also possible to further growth, that is to say, for the ADP data, unless the number of jobs in the United States is depressed, Otherwise, the probability is increased, which is relatively positive for the dollar and negative for gold. But it is worth mentioning that for today, due to the impact of the Federal Reserve event at midnight, the impact of ADP data on the market outbreak or will be limited, this point, for today, you focus on the situation of the midnight period, for ADP, you will be a small episode, look at it. Of course, for tonight, the Federal Reserve interest rate minutes, the high probability is announced to maintain interest rates unchanged, this point, you do not have too much expectations is, this point, you focus on the midnight Powell speech content to seek further Fed rate cut information is. So finally, a preview of what Powell will say. So for now, I'm sure I don't have to tell you what Powell might say? After all, for the current market, due to the sustained slowdown in inflation, coupled with the current internal voice of the Federal Reserve that the Federal Reserve needs to aggressively cut interest rates, the current market for the probability of interest rate cuts in September is almost nailed, this point, the market is also focused on Powell's speech tonight, after all, once Powell speaks the need to implement interest rate cuts, Then gold bulls will also get a further climb or even a new high is possible, this point, the market is also focused on the content of tonight's speech. Of course, I have a little different idea about what Powell will say tonight, so right now, the market is betting on Powell's doves, and I'm going the other way and favoring Powell's hawks. First of all, for the moment, although the United States inflation has been slowing down continuously, it has to be admitted that the current United States inflation is still a little distance from returning to the 2% inflation standard, and last week's PCE data performance is cold, which is relatively reflected that the United States is currently facing the possibility of inflation stagnation, and there is also a point that the current United States election is waiting for the results. In this case, the change of the election is very likely to lead to a series of impacts on the US economy, especially the current market bet that if the old Pu comes to power, it is likely to lead to the possibility of stagflation in the US inflation, in this regard, I personally believe that before the election is over, the Federal Reserve should choose to slow down the rate cut to respond to all changes. Then there is another point, that is, at present, the Federal Reserve wants to aggressively cut interest rates in the current inflation environment, but it also needs the unemployment rate data and employment data to support and assist, but the current situation is that the US employment performance is relatively strong, and although the unemployment rate has increased slightly, these are not enough to support the demand of the Federal Reserve to cut interest rates, so in this case, Even if Powell wants to release the dove this time, referring to the actual situation in the United States, the sound of the dove is relatively weak, more, taking into account the actual situation, Powell's speech is more biased toward hawks, this, you can refer to the actual situation of the information tonight to make a judgment. So for today's operation, how should gold long and short layout? First of all, for the current, gold from 2353 stagnation to 2410, bulls have ushered in a rise of nearly 60 points, in this case, whether it is the release of bullish momentum, or the correction of the return of bears, have led to the depletion of buying momentum, to say bad words, for the moment, the only momentum for gold to rise is the market bet on interest rate cuts, However, there is not a short time to cut interest rates in September, in this case, bulls want to set an example, but also have the intention to be powerless, this point, for today, the white session, gold may be higher, but to excessive climb, it is still a little difficult. Of course, and considering the various circumstances I have mentioned above, for the moment, gold is higher, more or close to the end, for today, I will relatively reverse bearish gold, if the evening Powell speech smoothly put pigeons, and there is no market institutions to malicious limit gold low, I personally think, Gold bears may hit 2350 again in these two days, of course, whether to further open the short space, the focus still needs to pay attention to Friday's non-farm data report and unemployment data, this, you also need to adapt to the line. So for today's operation, the 2414-2420 area does not break open the preliminary short, if you encounter the break, you are further concerned about 2430-2440 do not break to short, of course, any short, you can hold in the medium and long term, of course, as for the specific details of the operation, I am giving, then due to the particularity of the current market, Gold day also does not rule out the possibility of maliciously smashing the market institutions to wash the dish, for today's operation, you remember to strictly follow my requirements to control positions and stop losses can follow up.
OANDA:XAUUSDShort
by Transactionheadhunter01
The price of gold is about to continue to fall sharply. Go short at positions around 2369. The decline is about 10-15 US dollars. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. If you are still confused about the trading market, you can continue to pay attention to my updates. TVC:GOLD OANDA:XAUUSD BINANCE:BTCUSDT TVC:DXY
TVC:GOLDShort
by Eddy_Wealth
London market. Buying gold is the main activity. London market. Go long on gold at around 2368-2371. Target is around 2383. Ultra-short-term trading looks for a trend rebound. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. I have been observing investors in the market for a while. I can't bear to see some people in the market continue to lose money because they don't know how to trade. So I plan to continue to share my operating ideas for a while for your reference. If you are still confused about the trading market, you can continue to pay attention to my updates. OANDA:XAUUSD TVC:GOLD BINANCE:BTCUSDT TVC:DXY
TVC:GOLDLong
by Eddy_Wealth
Super data week. Gold is still mainly long at low levels. Last week, I said in advance that the target for next week would be at least 2400. Investors who followed me last week should know it. Today in the Asian market, this target was achieved. Investors who followed the accurate signal trading also made good profits. From your messages, I saw the results. The London market allowed some other investors to short the gold price, which also achieved profit expectations. Currently in the New York market, the gold price stopped at 2374 after a sharp drop. My idea is based on the US dollar rate cut. Gold still has some substantial increases. At the same time, this week is a super data week. Some economic data are enough to make gold reach a certain height. So I personally still focus on long positions The current gold price is at 2376. My expected buying position is at 2370-2365. This is a good position for long gold prices, and there are some dense trading areas above. So there is resistance. Therefore, investors with large funds can buy in advance and then add buy orders at low levels. However, for accounts with small funds, I suggest that you operate prudently and start at low levels. The above are some of my thoughts today. FOREXCOM:XAUUSD TVC:GOLD BINANCE:BTCUSDT TVC:DXY COMEX:GC1! OANDA:XAUUSD
TVC:GOLDLong
by Eddy_Wealth
Continue to go long on gold. In the short term, gold prices will also touch 2393-2400. Emergency events escalate. Risk aversion sentiment rises. Going long on gold prices in the Asian market is a good option. I am Eddy. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. If you are still confused about the trading market, you can continue to pay attention to my upd FOREXCOM:XAUUSD COMEX:GC1! OANDA:XAUUSD TVC:DXY TVC:GOLD ates.
TVC:GOLDLong
by Eddy_Wealth
XAUUSD: Buy at low price today, watch for rebound and riseGold rose strongly to around 2412 at the opening of the market this week. This is because Biden announced his withdrawal from the US presidential election, which led to the escalation of chaos in the election and caused market concerns. After last week's decline, the shorts have been released. Today, I think there is a high probability of shock adjustment and rebound. This week, we need to pay attention to data such as PCE, PMI, and GDP. Before the data is released, there will basically be no large unilateral market. Judging from this decline, the support strength near 2400 is not bad. We can make some short-term bullish signals around this line today. Pay attention to the pressure of 2420 and 2430 above. Pay attention to the support of 2390 and 2380 below.
OANDA:XAUUSDLong
by TX-7
1
Long gold price The position of 2452-2448 is a strong support. From the trend point of view, it is a good position to go long. Focus on the impact after the opening of the Asian market. TVC:GOLD BINANCE:BTCUSDT.P MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! BINANCE:BTCUSDT NYMEX:WTI1! Continuously analyze accurately for a month. Good at account management. The current market is exactly where I am good at trading. So you should not continue to be in a state of loss. Follow me. Guaranteed profits will not disappoint you.
TVC:GOLDLong
by NelsonPenn
Go long on gold prices. Wait for it to rise. Yesterday, the high price was sold and the price dropped by about 12 dollars. The members who followed the short selling made a good profit. Today, we will continue to go long on gold. The current price is around 2369. Trading in the market requires seizing the opportunity. Don't hesitate. When there is a suitable trading opportunity, you must act decisively to trade. Otherwise, your hesitation will lead to greater and greater losses, which will be irreversible. Maybe you have suffered losses from trading foreign exchange, oil, stocks, funds or digital currencies. But here, I still have good and reasonable products to help you expand your profits and recover your losses.If you want to recover losses or increase profits, contact Mary TVC:GOLD MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! COINBASE:BTCUSD NYMEX:WTI1! MCX:CRUDEOIL1! TVC:DXY FX:GBPUSD BINANCE:BTCUSDT NYMEX:MCL1! COMEX_MINI:MGC1!
TVC:GOLD
by NelsonPenn
Gold will be bought again to make money. Remember, I said it. From the trend point of view, the gold price is still upward. Since last Wednesday, ADP, initial jobless claims, and non-farm data. Multiple US economic data news are good for gold. So gold rose sharply last week to above 2390. Here I congratulate the traders who follow the signal and continue to trade. Because you follow it. So you deserve to make a profit. Judging from the news this week, gold has further possibilities. This week is the second week of July, so before the time for the interest rate cut in September comes, I think the market will prompt gold to digest it in advance. This is the first reason. The second point is that geopolitical conflicts continue to escalate. The possibility of war will continue to increase the price of gold. Under the influence of these two news, it is only a matter of time for gold to rise. The operation is still mainly buying low. At present, the focus is on buying at 2372. Aggressive friends can also buy small positions around 2377-2375. Enter the market in advance. Many people like to refer to technical indicators, so I have something to say to those people: in the face of the influence of dominant news. Technical indicators, which are lagging references, are of little significance. Keep paying attention. I hope everyone makes a good profit.
TVC:GOLDLong
by NelsonPenn
Gold pullback - trading entry for todayGold fee is buying and selling round 2362 USD. Technically, the fee is displaying a pullback from the preceding excessive, presently retesting the pleasant bullish channel assist sector fashioned on D1. If the fee holds the assist sector round 2,350 USD/ounce, there may be a excessive opportunity that the fee will hold to upward push to the resistance degree of 2,four hundred USD/ounce and probable better. The deceleration and consolidation in advance of this degree indicates bullish hobby in in addition growth. According to this view, the chance of gold charges will upward push better withinside the close to destiny primarily based totally on marketplace expectancies that americaA Federal Reserve (Fed) will reduce hobby prices. CME`s Fedwatch device indicates hobby prices will fall in September and will fall in addition in November and December, which might gain gold. This week, marketplace interest is targeted on Fed Chairman Jerome Powell's congressional testimony, feedback from numerous Fed officers and US inflation data. According to senior analyst Matt Simpson City Index, a vulnerable inflation record coupled with Mr. Powell's dovish tone can be the correct catalyst for gold to attain new highs. Short-time period stages to consider: Resistance stages: 2400, 2422 Critical assist degree: 2350 In summary, gold's short-time period outlook is positive, primarily based totally on strong technical elements along with a long-time period uptrend, supported with the aid of using EMA and a growing fee channel. If gold charges keep above the $2,350/ounce assist degree, there may be a excessive opportunity that the fee will hold to upward push and head in the direction of the $2,four hundred/ounce resistance degree or better. However, buyers have to observe that the gold marketplace continues to be substantially stimulated with the aid of using macroeconomic elements and geopolitical occasions that would opposite modern-day moves.
TVC:GOLDLong
by Chart_MasterPro
XAUUSD: As explained in our previous ideas! Time to Buy! Dear Traders, As we had explained in our previous chart analysis on Gold, price did exactly the way we expected. Now we can take swing buy entry, however, would advise you to wait until London session open on Monday. Enter with accurate risk management. **Good Luck and if you like our ideas then please do like and comment the ideas; also follow us which will encourage us to bring more educational ideas like this.**
OANDA:XAUUSDLong
by Setupsfx_
37
GOLD - rising after weak economic data🟢The global gold marketplace did now no longer differ tons in the course of the National Day holiday. Gold retained its preceding profits as expectancies that the United States Federal Reserve (Fed) could reduce hobby costs as early as September multiplied following vulnerable monetary statistics. 🟢In addition, currently launched statistics reinforces the opportunity of loosening economic coverage this 12 months and that may be a high-quality sign for gold. Data launched withinside the center of this week confirmed that the wide variety of packages for unemployment advantages multiplied, the wide variety of jobs withinside the personal quarter multiplied through most effective 150,000, tons decrease than forecast. 🟢Currently, the marketplace is watching for non-farm payroll statistics. This file can have a massive effect on gold expenses withinside the future. If gold falls after the file, traders have to see it as a shopping for possibility because the treasured metallic is on an uptrend and will reach $2,four hundred an oz. or greater pushed through sturdy demand. from principal banks and shelter-in-location shopping for because of issues approximately geopolitical tensions.
TVC:GOLDLong
by Chart_MasterPro
Transaction entry passed My market review. USD: - The USD will be greatly influenced by JOLTs data on job vacancies and statements by Mr. Jerome Powell, Chairman of the US Federal Reserve (FED). - If JOLTs data shows a strong labor market and Mr. Powell appears optimistic about the economy, the USD could appreciate on expectations of higher interest rates. - In addition, if JOLTs data is weaker than expected and Mr. Powell is concerned about the economy, the USD may decline due to expectations of loose monetary policy. . World gold price: - Gold prices often fluctuate due in part to the impact of the USD and are considered a safe asset amid economic concerns. - If the statements of Mr. Powell and Ms. Lagarde show concerns about the economic situation, gold prices may increase as investors look for safe assets. - However, if the market is optimistic about the economy and expects higher interest rates, gold prices may come under downward pressure.
TVC:GOLDShort
by Chart_MasterPro
GOLD - Potential short !!Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for short position. I wait price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Upcoming week on Friday (GMT+3) we have NFP and Unemployment Rate in USA, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
OANDA:XAUUSDShort
by Snick3rSD
2
XAUUSD: 27/6 Analysis and StrategyGold technical analysis Daily resistance 2340-70, support below 2277 Four-hour resistance 2320, support below 2287-2277 Gold operation suggestions: The overall price of gold fell on Wednesday. The highest price rose to 2323, the lowest fell to 2293, and closed at 2297. Looking back at the performance of the gold market on Wednesday, the price fluctuated in the short term after the opening in the morning, and then the price fluctuated and fell. The price did not break the high point in the morning, so the overall price was weak. The second rebound in the US market continued to encounter resistance at the 2317 mark, ushering in an accelerated decline in shorts. Finally, the gold price accelerated downward to break through the 2300 integer mark and reached 2393. The weak rebound closed, and the daily K-line closed with suppression and fell, and the overall price formed a very clear short-term unilateral downward rhythm. From the 4-hour analysis, the short-term bull-bear strength watershed is 2320. A breakout and stabilization of this position at the daily level represents the end of the decline. SELL: Near 2340 SELL: Near 2320 SELL: Near 2287 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
2
Is the expectation of gold's reduction to 22xx coming true?At the start of the buying and selling consultation on June 27 (US time), international gold expenses abruptly improved sharply after being "hurt" via way of means of a assertion from a US Federal Reserve (Fed) chief that prompted the USD to growth in value. , eliminating gold`s vast power. Specifically, Ms. Michelle Bowman, a member of the Board of Governors of the Fed, stated that the Fed maintaining hobby charges unchanged for an extended time period can be sufficient to govern inflation, and the Fed may even growth hobby charges if inflation increases. emission keeps to growth. FXTM senior studies analyst Lukman Otunuga affirmed that Michelle Bowman's assertion has prompted gold to be "hurt" as soon as again. From every other perspective, traders are presently listening to americaA May inflation file posted later this month. They assume that when the file, the course of gold can be clearer. Gold charge forecast Mr. Lukman Otunuga stated that gold expenses can also additionally vary strongly withinside the last classes of this week. In the quick term, the guide stage for this valuable metallic is 2,three hundred USD/ounce and the resistance stage is 2,340 USD/ounce. Although gold is suffering to keep the $2,three hundred/ounce mark, latest studies outcomes from State Street and the World Gold Council are expecting that the valuable metallic is attracting cash managers and hedge funds. State Street professional Milling-Stanley has raised his gold charge forecast for the second one 1/2 of of the year. It is predicted that gold charge will variety from 2,two hundred to 2,three hundred USD/ounce.
TVC:GOLDShort
by Chart_MasterPro
World gold price dropped to its lowest level#GOLD ANALYSIS - June 27, 2024 ⏬Sell Gold at fee variety 2315-2320 ❌Stop location 2325 ⏫Buy brief Gold at fee variety 2295-2300 ❌Stop location 2285 🌐In the 4th session, yesterday. True to yesterday`s analysis, Gold fee persisted to weaken, attaining the bottom guide area of the day at 2294. ✅The promoting stress during the last few days has proven no symptoms and symptoms of ending, however, withinside the cutting-edge fee variety it is able to be taken into consideration a pretty critical guide area, so private opinion on this location the fee of gold might also additionally growth slightly. earlier than new developments appear. ✅Traders should purchase brief on the cutting-edge fee variety of 228x-229x and anticipate a brief growth all through the day to discover a Sell factor withinside the close to future. -- Mr. Bart Melek, commodity strategist at funding financial institution TD Securities, stated that the gold marketplace can be reacting to the strengthening of the USD. According to Mr. Melek, americaA Federal Reserve (Fed) is not likely to alternate hobby fees in early summer. The USD rose 0.4% to its maximum stage in almost months in opposition to different currencies. This made gold extra steeply-priced in opposition to different currencies, at the same time as US 10-12 months bond yields hit a almost -week high. Traders at the moment are looking forward to US inflation statistics later this week. The statistics ought to shed mild at the valuable financial institution`s hobby charge path. In addition, the marketplace additionally centered its interest on US financial increase statistics and the critical debate among US President Joe Biden and Republican candidate Donald Trump taking location on June 27 nearby time. Data launched on June 25 confirmed that US client self assurance fell in June amid worries approximately the financial outlook. However, families stay constructive approximately the hard work marketplace and assume inflation to mild subsequent 12 months. On June 25, Fed Governor Michelle Bowman stated that maintaining coverage hobby fees strong for some time can be sufficient to govern inflation, however emphasised that the Fed is prepared to boom borrowing expenses if necessary.
TVC:GOLDShort
by Chart_MasterPro