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Gold buy now today Gold confirm move is buy zone On the upside, the immediate powerful resistance at the abovementioned confluence support now turned resistance near $2,030. Gold buyers need to find a strong foothold above the latter on a daily candlestick closing basis to initiate a recovery toward the $2,050 psychological level. Recapturing that level is critical to revisit the monthly top of $2,065, which could act as a tough nut to crack for Gold buyers. Gold buy now 2024 limit trade 2019 Confirm Target 2045
FOREXCOM:XAUUSDShort
by FxJoseph_7
Gold buy now to gold fly move the upside, the immediate powerful resistance at the abovementioned confluence support now turned resistance near $2,030. Gold buyers need to find a strong foothold above the latter on a daily candlestick closing basis to initiate a recovery toward the $2,050 psychological level. Recapturing that level is critical to revisit the monthly top of $2,065, which could act as a tough nut to crack for Gold buyers. Gold buy now 2023 limit trade (2019) Confrim Target 2045
TVC:GOLDShort
by FxJohnson
Bears Seize Control of the Gold MarketSince the onset of January 2nd, 2024, a discernible downtrend channel has shaped the intricate interplay between gold and the US dollar. Delving into the meticulous examination of gold's financial intricacies, my attention is laser-focused on identifying opportune moments for selling as the precious metal nears the trend line this week. In the event that price encounters resistance within the critical thresholds of 2050 to 2070, a calculated strategy emerges – a potential short position with a downside target of approximately 55 pips, bringing us to an anticipated 2003 level. The overarching strategy hinges on a discernible transformation in the higher time frames, acting as a precursor for potential long positions. In the strategic forecast, my outlook tends towards a bearish trajectory, unfolding gradually with each nuanced market development. Your active engagement in this financial analysis is pivotal. Appreciate your likes, comments, and shares as we navigate these nuanced market waters. Until the next data point emerges, see you on the analytical flip side! 🔄💹
OANDA:XAUUSDShort
by Districtfx
XAU/USD Shorts from 2052.000 or 2072.000 back downMy outlook for gold this week leans towards a potential retracement following its recent upward bullish momentum. I anticipate a temporary sell-off from the 15-hour supply zone I've identified, or a scenario where the equal highs gets taken and reaches the 4-hour supply zone above. Additionally, there's a trendline forming below, coupled with numerous untouched Asian lows. While this temporary bias diverges from my overall outlook, I'm particularly intrigued by the possibility of a significant buying opportunity around the 1990.000 level. Should the price not reach that point, I'll patiently await for a new, clear demand zone to consider as a potential buying opportunity. Confluences for Gold Sells are as follows: - Price swept liquidity and formed a 15-hour supply zone that's been unmitigated. - Nice trendline liquidity has been building below that needs to get taken. - Lots of Asian lows below as well as a daily demand that needs to be mitigated. - Price has been moving very bullish and is due for a pullback/retracement. P.S. Given that this is a counter-trend concept, I'll exercise extra caution and ensure that all my confirming factors align before proceeding. Additionally, I'll reduce my risk accordingly. The objective is to initiate sells aiming towards a better demand zone. HAVE A GREAT WEEK TRADERS!
OANDA:XAUUSDShort
by Hassan_fx
2
💬(What is your next target for gold)Technical analysis ✅ FXOPEN:XAUUSD TVC:DXY traders gold moving today USd Both data positive im seller and gold moving down 2010) What is next target for you experience)? My trade position selling zoon 2040+ 2020) Gold's fundamental analysis involves considering various factors that influence its value. Key elements include: Interest Rates: Gold and interest rates have an inverse relationship. When interest rates are low, gold becomes more attractive as it doesn't offer a yield. Conversely, higher rates may divert investors towards interest-bearing assets. Inflation: Gold is often viewed as a hedge against inflation. During periods of rising inflation, investors may turn to gold to preserve their wealth. Global Economic Conditions: Economic instability or geopolitical tensions can drive investors towards gold as a safe-haven asset. Central Bank Policies: Actions taken by central banks, such as buying or selling gold reserves, can impact gold prices. Currency Strength: Gold is priced in USD, so changes in the strength of the US dollar can influence gold prices. A weaker dollar typically boosts gold prices. Supply and Demand: Like any commodity, gold's price is influenced by supply and demand dynamics. Mining Costs: The cost of mining can influence the production levels and, consequently, the supply of gold in the market. Market Sentiment: Public perception and investor sentiment also play a role. Market sentiment can be influenced by news, economic reports, and overall market conditions. Remember, a comprehensive analysis should consider a combination of these factors, and it's crucial to stay updated on global economic trends and events that might impact the market.
FXOPEN:XAUUSDShort
by SMC-Trading-Point
3
Wipeout Possible for NFPLet me explain why I think this -for FOMC on Wednesday I expected a big buy as if the sell wanted to occur it would have (it neither bought or really sold) -the move for FOMC wasn't as aggressive as you would think from a news event (especially the first major one for the year) -(in yellow) this would have been the last high before the current highest high - sellers would have been interested here -(in red) the sellers from the yellow zone would have been taken out and buyers would have become induced on the break out -(in red) not long after that move the buyers would have also been taken out with the bear push after the fact -(blue square) price went into a heavy consolidation the last part of yesterday's trading day and to present (time of me typing this) -(in orange) sellers being induced at the high of that consolidation -(in turquoise) buyers being induced at the low of that consolidation -(in purple) we have NFP in about an hour (from me typing this) I expect due to the consolidation it makes sense to take out traders in both directions before continuing bullish Gold clearly is prioritizing bull momentum, as I would have mentioned if it wanted to sell it would - there were many times gold took out the sellers and made it safe for sells to occur, yet it didn't sell - why? As per usual - I do not trade news events so I will not be attempting to trade it, however I do love trying to analyze it (this is really engaging for me, if that isn't clear by now lol) I can type for hours and hours about what I see My system is actually very simple, at its core it is 3 simple questions I am attempting to answer 1. Who is interested? - Buyers and Sellers 2. Where are their stops? Below and above the areas of induction 3. Have those stops been taken out? No, which means I think a whipsaw is likely Downvote\don't Boost if you didn't read and didn't attempt to understand OR Upvote\Boost if you did read and did attempt to understand If you disagree, you can downvote but please leave a comment as to why you disagree, not doing so doesn't help either of us
OANDA:XAUUSDLong
by Brandon_evo4
1
THE KOG REPORT - FOMCThe KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. On Sundays report we said we had 3 levels in mind for the week ahead. 2010-12, 2030-35 and extension level 2045-50. It’s this level here we were expecting a move into for a potential tap and bounce, however, on Monday we activated long and took our trades from the 2018 completing another Excalibur target today around 2043. We’re still within the plan on the KOG Report, but FOMC is likely to throw us some curve balls, so we’ll have to play the cards we’re dealt for the rest of the week! So, for todays move we’re still looking at extreme levels, not only due to FOMC, which may already be priced in, but also for NFP. We’re going to highlight the above resistance level as 2060-5 as a potential target level from support regions below, that’s if the price level is not touched during the rest of the week. This now turns 2030-35 into support on the flip which could be a level they dip into on the move, to then continue the move to the upside, before we then see a reaction in price. Pre-event plan, we’re going to stick with one scenario, if we get it we’re in, if not, we’re happy to sit and wait for the right set up. If you’ve taken enough from the market already, please also do the same. We’ll be looking for price to push up into the 2060-65 region and hold, this level we feel holds an opportunity to short the market back down into the 2050-45 price point, and then below that 2030-35. Price will need to break below the 2030 level to complete the move to the downside, as we initially wanted in the KOG report on Sunday targeting the break of 2000! Price breaks above 2060-65, we’ll sit and wait for tomorrow and let Excalibur activate. KOG’s bias for the event: Bullish above 2030 with targets above 2060 and above that 2065 Bearish on break of 2030 with target below 2010 Please use this as a guide, FOMC is most likely priced in. It’s the press conference 30mins into the hour where the market will be looking for clues to future economic news. We may see some late sessions movement across the markets, so please make sure you have a strict risk model in place, if you’re going to try and trade it. Otherwise, sit it out, wait for them to move the market to where they want to, then look for the right set up at the right time. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
XAUUSD buy now today gold move confirm buy zone guy's use this Just for Today! 50% OFF on your PREMIUM features. Crazy OFFER! Access our analysts and trade with them! SUBSCRIBE HERE! Close alert XAU/USD Editorial GOLD FORECAST AND NEWS Gold holds above $2,030 in choppy session Gold price erased a large portion of its daily gains after meeting resistance near $2,040 in the European session on Tuesday. With the benchmark 10-year US Treasury bond yield struggling to gain traction ahead of US data, however, XAU/USD stays afloat above $2,030. LATEST XAU/USD NEWS Gold price clings to gains as Middle East tensions escalate, Fed policy hogs limelight By Sagar Dua | 24 minutes ago Gold Price Forecast: XAU/USD’s headwinds have recently come mainly from investors – Commerzbank By FXStreet Insights Team | 11:42 GMT Gold price touches two-week top as geopolitics and sliding US bond yields offset stronger USD By Haresh Menghani | 09:01 GMT Technical Overview Chart Tools Gold price rises to near $2,040, supported by geopolitical tensions. The precious metal has strengthened after delivering a breakout of the Symmetrical Triangle chart pattern formed on a daily time frame. A breakout of the aforementioned chart pattern indicates a volatility expansion, which results in wider ticks and heavy volume. The near-term appeal has turned bullish as price is sustaining strongly above the 20-day Exponential Moving Average (EMA). However, the 14-period Relative Strength Index (RSI) oscillates in the 40.00-60.00 area, which indicates that momentum is weak. Fundamental Overview Gold price (XAU/USD) continues to advance amid the escalating Middle East crisis as US President Joe Biden has pledged to retaliate for unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. Still, the precious metal could turn sideways as investors await the interest rate decision by the Federal Reserve (Fed), which will be announced on Wednesday. Traders see the Fed holding interest rates in the range of 5.25%-5.50% amid consistently easing price pressures. Investors will focus on the timing at which Fed policymakers are comfortable for commencing the rate-cut campaign. The Fed is not confident yet that underlying inflation will sustainably return to 2% due to strong labor demand, robust Retail Sales, and a broadly upbeat economic outlook. Gold Buy Now 2034 Confirm Target 2020
FOREXCOM:XAUUSDShort
by FxJohnson
2
Gold buy now today Gold biggest move is buy guys use this From a technical perspective, bulls might still wait for a sustained move beyond the $2,040-2,042 supply zone before placing fresh bets and positioning for any further gains. Given that oscillators on the daily chart have just started moving into the positive territory, the Gold price could then climb to the $2,077 resistance zone before aiming to reclaim the $2,100 round-figure mark. Gold buy now 2037 Confirm Target 2056
TVC:GOLDShort
by FxJoseph_7
$5.00 Worth of Gold causes Mayhem!So it appears that my analysis thus far has been pretty correct link to that analysis is here - www.tradingview.com But I'd quickly summarize it for you if you don't want to read the entire thing..Sellers are interested in gold right now, sellers stops would likely be above the blue zone and I was anticipating that the market can spike above there before attempting to head back down (red path possible) So far so good - but the bearish momentum still isn't clear enough so it still isn't an invitation to sell in my opinion Let's look at some of the facts -gold is a bull market (overall - higher timeframe) but it isn't buying? why? -gold as of right now (lower timeframe) is suggesting sells? why? -gold likely doesn't have enough energy (liquidity) to continue with what it was doing (buying) so it needs to go get some -where would gold get energy (liquidity) from? Sellers? -gold still has to take out buyers at the low (purple circle) before buying because if it doesn't then those buyers would be in a really good buy -the dealer never wants any trader to be in a trade where they are untouchable (doesn't make sense for the dealer) I think gold is likely to come down through-out the course of the day because it doesn't make sense to go through all that stress of stopping out sellers then to not sell The who point of stopping out the seller is so that the sell can happen safely (for the dealer of course) Downvote if you didn't read and try to understand OR Upvote if you did read and tried to understand If you disagree feel free to downvote but please don't do so without commenting why you disagree as simply disagreeing without explanation doesn't help either of us
OANDA:XAUUSDShort
by Brandon_evo4
Crucial area for Gold ahead of a busy data driven weekWith FOMC, NFP, manufacturing PMI and other red folder news, we can expect some volatility coming into the end of the week. We have rallied up this morning on the London open and cleared last week's clear liquidity. From a technical perspective we remain firmly bearish however with tensions building in the Middle East, this is the type of news that can send gold to the roof, as we have seen several occasions in the past couple of years. Therefore we are expecting the final line in the sand of $2045 - 2050 to hold for the bearish theme to resume. If we burst through here then bearish bets are off for the meantime. Currently at 2039 the market is offering a reasonable bearish entry with an opportunity to add in around 2045 if we push higher. The weekly open remains untested still with the high impact news coming ahead, it may act as a magnet/ target for any flash sell offs. For more on this consider signing up to our newsletter or subscribe for faster more detailed analysis.
OANDA:XAUUSDShort
by CIFERSTRATEGIES
January 2024, Gold price remained stable above $2,000⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The financial markets are anticipating that the Federal Reserve (Fed) will maintain interest rates at a range of 5.25–5.50% during its upcoming January meeting. However, traders will closely watch the press conference for any indications from Fed Chairman Jerome Powell regarding a potential rate cut in March. If such signals are given, it could lead to selling pressure on the US dollar. According to US officials, a drone attack on American forces stationed near the Syrian border in northeastern Jordan resulted in the loss of three US troops and numerous injuries. This incident has contributed to an escalation of tension in the Middle East, which may increase the demand for safe-haven assets like gold. ⭐️ Personal comments NOVA: Gold prices in the Asian session on Monday are tending to increase slightly but will continue to move sideways to wait for new motivation from interest rates ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2006 - $2008 SL $1997 TP1: $2015 TP2: $2022 TP3: $2030 🔥SELL GOLD zone: $2032 - $2034 SL $2040 TP1: $2028 TP2: $2024 TP3: $2019 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
10
XAU/USD (Gold) Potential SellsGold has tapped into Supply liquidity zone and also induced early sellers at 2037.00 zone and has now come back down and broken structure by breaking below 1H & 4h Candle. Also additional confirmation by closing below support. Since it had tapped into supply and into liquidity and also confirmed sells all that needs to happen is just to wait. We are just patiently waiting for entry zone at 2032.00-2035.00 waiting for price to retrace as High as possible close to where we will place stop loss. Stop loss has to be placed at the Last inducement & approximately 5pips above last High so sl will be@2038.00. Now looking below at blue demand & liquidity zones that has been built. Gold looks highly probable to reach at least 2007.00 -2001.00. TP1: 2007.00. TP2:2002.00. TP3:2000.00
OANDA:XAUUSDShort
by mrachaw
GOLD TOWARDS SELL CONFIRM Gold price (XAU/USD) catches fresh bids on the first day of a new week and builds on its steady intraday ascent through the early part of the European session. The precious metal breaks through the 50-day Simple Moving Average (SMA) barrier, though bulls need to wait for a move beyond the $2,040-2,042 supply zone before positioning for any further gains ahead of the FOMC decision on Wednesday. Heading into the key central bank event risk, a further escalation of conflicts in the Middle East turns out to be a key factor acting as a tailwind for the safe-haven Gold price. Meanwhile, the flight to safety drags the US Treasury bond yields lower and further lends support to the XAU/USD. Meanwhile, the US Dollar (USD) remains below a one-month high touched last week and does little to provide an impetus.
OANDA:XAUUSDShort
by FxJohnson
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