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Goldshort

GOLD BUYWelcome . According to my analysis of the gold market, there is a high potential for an upside. With a break of the resistance at the 2000 level with a very positive candle. Kmalk broke the bullish flag. We are waiting for a test of the 2000 area, to return to the upside. Let's see again the 2030 region .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
CAPITALCOM:GOLDLong
by inv_market09
5
Gold Forecast upcoming week Gold market is moving as i said and mentioned in previous analysis that Gold due to geotropical issues and American bank SVB fallout, is rising to make highs and it was also mentioned that it will happen before FOMC. By the way it happened. Scroll up and check out ideas. Dont forget to follow, Like and share your opinion in Comments section. Now look at the chart, Market will crash badly at the time of FOMC, i am pretty sure because FED members will rise Interest rate more than expected and market for gold will crash again. Now question arises when to enter, if we see on calendar, FOMC minutes are scheduled after 3 days. Before FOMC minutes Gold may fly to certain level 2015$. But an immediate selling expected at the time of opening of market till 1972$. Trade wisely....! Btw best wishes for upcoming week.
OANDA:XAUUSDShort
by Saibi_FX
Gold Targets if the Fed Pauses Rate Hikes Gold has managed to surge its way to US$2,020/oz, taking full advantage of the renewed weakness in the dollar price and treasury yields. Recent data from the US showed a slowdown in the services sector growth, fewer private company job additions than expected in March, and a fall in factory orders for the second consecutive month. This suggests that the economy could be cooling down amid higher interest rates. As a result, the market anticipates that the Fed will keep the funds rate steady next month, following a similar path to the Reserve Bank of Australia which decided to pause its rate hikes this month. Investors have recently increased their bets that the Fed will opt for a pause in its rate hikes after its May 2-3 meeting to approximately 60%, up from around 43% the previous day. Gold is particularly sensitive to the rates outlook because lower interest rates reduce the opportunity cost of holding non-yielding gold. If the Fed does decide to pause rate hikes in May, how might we expect the price of gold to react? Markets see a ~60% probability that the Fed will pause. Target prices could include US$2,027, US$2,032, US$2,036, and US$2,040, with the first two being levels of recent struggle. If we want to look back to the last time that gold was this expensive (March 2022), we might like to consider a couple daily peaks at US$2,070 and US$2,060 as higher targets. The Fed decision is still quite some time away, so some downside risk is of course still present in the meantime.
BLACKBULL:XAUUSD
by BlackBull_Markets