WILL XAUUSD REBOUND FROM 2300 ? 💼✨Embark on a Golden Odyssey! 💫💎✨
🔥 Attention, savvy traders! Prepare to plunge into the radiant realm of GOLD! 💫 With XAUUSD taking center stage, let's navigate the twists and turns of this captivating market. 💰📈
🌐 As the golden bull charges ahead, shattering records like never before, it's crucial to remain alert amidst the whirlwind of opportunities. 📊💥 But fret not! Within the narrow confines of 2302.50 to 2294.50 lies both caution and potential. 🚀🔒
🔮 Peer into the crystal ball, and you'll catch a glimpse of the potential for an exhilarating downward correction. Yet, in this dance of fortunes, lies the essence of trading wizardry! 🌈✨
📈 Envision this: A daring breach above the range could ignite a frenzy of buying, propelling us to the lofty peaks of 2310.50 . Conversely, if we descend below, seize the opportunity to sell and gracefully ride the waves down to 2287 and 2275. 📉🚀
🤓 Your journey through this analysis isn't just informative; it's actionable! 🚀 Let your support amplify these vibes, and remember, trade smart, trade safe. 💡✅
✌️ Until we meet again, may your trades be bountiful and your path adorned with triumph! 🌍💫💰
Goldsell
Xauusd sell Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast
Gold sell confirm signal
Gold now sell 2247
Target 2240
Target 2230
Target 2200
SL 2270
Gold weekly Target Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now sell 2233
Target 2215
Target 2200
Target 2180
SL 2255
Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.
The United Nations Security Council passed a resolution urging a ceasefire between Israel and Hamas, along with the release of hostages. However, the conflict in the Gaza Strip continues unabated, with Palestinian militants yet to release any captives. The Palestinian Red Crescent reported that Israeli forces besieged two additional Gaza hospitals on Sunday, trapping medical personnel amidst intense gunfire. The escalation of geopolitical tensions has heightened demand for safe-haven assets like Gold.
GOLD TRADE IDEA / POTENTIAL BEARISH BREAKOUNT Hello Traders!
I'm looking for a short trade on GOLD. I see the price in a key resistance level where I expect a bearish momentum until the PWL. In case of confirmation, i will execute this trade.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
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GOLD-Has a head and shoulders top formed?
Yesterday, the United States released some inflation data indicators. After experiencing the worst year for real estate sales in the past three decades, house price growth accelerated in January, with house prices in 20 major cities rising by 6.59% year-on-year, higher than the 6.2% increase in December last year. increase. Other economic data showed that U.S. durable goods orders increased by 1.4% month-on-month in February, and core capital goods orders increased for the first time in three months. However, the month-on-month value of durable goods orders was further revised down to -6.9%. The Conference Board's consumer confidence index in March also showed lower than expected and previous values, all of which indicate that the U.S. economy has obvious signs of contraction.
Public data reports that due to the impact of interest rate increases, the Federal Reserve's total interest expenses will be US$281.1 billion in 2023, 2.75 times the expenditure in 2022, of which interest expenses related to reserve balances will be US$176.8 billion, nearly tripling compared with 2022. The Fed's losses are floating losses and will not affect the Fed's operations, but will aggravate the already huge U.S. government fiscal deficit. (This is also an important reason why the market expects the Federal Reserve to cut interest rates this year. Excessively high interest rates mean increasing operating costs for oneself)
U.S. regulators have warned that if U.S. debt continues to soar, it could trigger a crisis. The ratio of U.S. debt to the country's GDP will exceed the highest level during World War II of 116% in 2029, and will rise to 166% of GDP by 2054 (meaning that a debt crisis may occur at any time, and once it occurs, it will trigger turmoil in the global financial market. In view of this, it will also force the Federal Reserve to lower interest rates as soon as possible.)
Yesterday, gold reached as high as 2200, but did not break through, and then fell sharply.
From a technical point of view, firstly, because the timing is wrong, the Asian market does not move, the European market starts to rise crazily, and the US market is in place before it even opens, which is equivalent to compressing the room for rising prices in the future.
Second, the growth rate was too fast and directly touched the overbought zone. Therefore, although the data was bullish after the US market started, it could not withstand the flight of profit-making funds.
The upward trend is still maintained above 2145, but as can be seen from the chart, the H4 cycle has formed a head and shoulders top pattern. The left shoulder is at the previous high of 2194, the top is at 2222, and the right shoulder is at Tuesday's high of 2199.
As long as this pattern remains unchanged, there will be room for a sharp decline in the market outlook. For the current market, it is still maintaining an upward trend. Therefore, in the short term, it will still be a high fluctuation under the upward trend, and it will only be possible after it falls below 2145 in the future. There is room for decline
Today we can sell based on yesterday's high point. The 50% and 61.8% golden section positions are 2185 and 2189. The important resistance point is 2197. Control your position reasonably so that you can finally make a profit.
Join me, I will analyze every day, let us improve the success rate of trading together
Xauusd confirm signal sell Gold News: Read the Latest Analysis on XAU/USD
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Retail trader data shows 50.43% of traders are net-long with the ratio of traders long to short at 1.02 to 1.Traders have remained net-long since Mar 01 when Gold traded near 2,082.75, the price has moved 4.24% higher since then. The number of traders net-long is 11.14% higher than yesterday and 7.51% higher than last week, while the number of traders net-short is 6.18% higher than yesterday and 16.42% lower than last week.
Gold now sell 2191
Target 2188
Target 2184
Target 2180
Target 2160
SL 2210
FOMC, Gold prices peak or fall sharply ???⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is still struggling to gain momentum and remains within a limited range, staying above the $2,150 level as we head into the European session on Wednesday. Speculation has been fueled by strong US consumer and producer inflation data released last week, suggesting that the Federal Reserve (Fed) will maintain its stance of keeping interest rates higher for a longer period. As a result, US Treasury bond yields remain elevated, which continues to support the US Dollar (USD) and puts pressure on gold, which does not provide any significant boost due to its lack of yield.
⭐️ Personal comments NOVA:
Interest rate information is very important today, a lot of previous information showed that interest rates will continue to stay the same
The US economy needs more time to reduce inflation, which is the factor pushing Gold prices to DOWN, facing huge buying pressure from the beginning of 2024.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2148 - $2146 SL $2143 scalping
TP1: $2155
TP2: $2160
TP3: $2165
🔥BUY GOLD zone: $2135 - $2137 SL $2130
TP1: $2145
TP2: $2160
TP3: $2174
🔥SELL GOLD zone: $2175 - $2177 SL $2183
TP1: $2170
TP2: $2160
TP3: $2150
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Gold: Equal Low Break + RetracementGold has been moving just as I want it. The EQUAL LOWS at the 2153 area have been broken. Now price is retracing just as expected.
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Price is king.
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Gold trading trend next Monday
There will be no special news next Monday, and gold will fluctuate and consolidate. In the Asian and European markets, I think the possible operating range for gold is between 2150-2165. If there are new breakthroughs, I will update with new trends.
Operation strategy:
buy 2148-2153
sell 2163-2165
Set a smaller stop loss range.
I will update my analysis or signals if any range is broken, please join me. And give me a like. thank you all. Find me ↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓
Continued DOWN correction for Gold !! Decrease⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) attracts dip-buying in Asian session, reversing part of previous day's profit-taking slide to $2,150 area. US Treasury bond yields ticked higher after warmer than expected US consumer inflation for February, boosting the US Dollar (USD) and exerting downward pressure on gold. Bullish run in US equity markets also contributed to flow away from safe-haven precious metal.
⭐️ Personal comments NOVA:
After yesterday's CPI data, it is good for the Gold dollar to fall. In line with the DOWN adjustment, Gold prices continue to decline to create more liquidity and further accumulation
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2125 - $2127 SL $2120
TP1: $2135
TP2: $2148
TP3: $2155
🔥BUY GOLD zone: $2135 - $2133 SL $2130 scalping
TP1: $2140
TP2: $2148
TP3: $2155
🔥SELL GOLD zone: $2168 - $2170 SL $2175
TP1: $2160
TP2: $2150
TP3: $2140
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Expect an inevitable adjustment XAU / USD ✍️ NOVA hello everyone, Let's comment on gold price next week from 11/3 - 15/3/2024
🔥 World situation:
The price of gold (XAU/USD) surged to a brand new record high above $2,180 during the early New York session on Friday. This was driven by a decrease in yields on 10-year US bonds, which fell to 4.04% after the release of the US NFP data. Market expectations for the Federal Reserve (Fed) to lower interest rates in the June policy meeting have increased due to a significant slowdown in wage growth and a higher Unemployment Rate.
According to the United States Bureau of Labor Statistics (BLS), the Unemployment Rate rose to 3.9%, surpassing expectations. The previous reading was 3.7%. However, Nonfarm Payrolls (NFP) for February exceeded expectations at 275K, compared to a forecast of 200K. Nonetheless, it remained lower than the previous reading of 353K.
🔥 Identify:
FOMO from the markets during the week was huge. Along with the US economic news, which is mostly beneficial for Gold, it pushes the price of Gold up and increases sharply
This week, NOVA expects an inevitable DOWN correction for Gold
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2200, $2210, $2220
Support : $2132, $2110
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GOLD ATH TAKEN - BEARISH TREND INCOMING!?This week's outlook on gold is intriguing given its recent high volatility and activity, reaching all-time highs. With liquidity now absorbed to the upside, I anticipate a shift in price direction towards the downside. This could signify the exhaustion of bullish momentum and the formation of a Wyckoff distribution pattern.
In response, I'll be observing for a pullback, although there aren't any valid supply zones yet. Instead, I'll wait for price to retrace to a demand zone, providing an opportunity to buy back up towards a new supply zone. While my bias remains bullish for now, I'm prepared for a minor pullback before considering potential selling opportunities.
Confluences for GOLD Sells are as follows:
- Bullish pressure is getting exhausted and I anticipate a wyckoff distribution to occur soon.
- ATH was taken which is a very strong point of liquidity which is enough to see a shift in trend.
- Price has left lots of imbalances below in which price needs to fill.
- There parabolic movement to the upside requires a pullback which hasn't yet occurred.
- Lots of liquidity below like asian lows that need to get taken as well.
P.S. Once price shifts its behavior on the higher time frame and breaks structure to the downside, I'll be more inclined to pursue selling opportunities and align my trades with the prevailing trend. However, for the time being, we should anticipate price consolidation and a gradual decrease in bullish momentum.
GOLD H1 / Short Trade Opportunity / Target Price 1975 ✅💲Hello Traders!
This is my idea related to GOLD H1. I see that we are in a bearish channel and at the moment, I would like to see a retracement from the resistance level. I will look for a short entry if I will see a confirmation of a bearish market structure. I expect that we will reach the PWL and my target is 1975.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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Gold Thursday trend analysis and signal sharing
Gold has broken through the 2032 area. We can wait for the next area 2038-2041/2044-2048. This is a better selling range. So the trading strategy I gave is:
sell 2038-2041 tp2033-2028 add position 2044-2048
If you are interested in my analysis, please join me
GOLD H1 / Potential Short Trade / Valid Entry in Supply Area❗️💲Hello Traders!
This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries.
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.
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