Daily Gold Technical Analysis And Today NewsXAUUSD Technical Analysis 26.07.2022 1h chart
✅ Previous Daily candle closed Bearish forming Resistance at 1727.600 respecting the previous Highs and Lows of the previous day and closing at 1719.800.
✅ Buys on close above 1721.600 targeting 4h Resistance at 1729.000 leaving Runners to Daily / 1h Resistance at 1735.200.
✅ Sells on close below 1714.800 targeting Weekly Support at 1707.800 leaving Runners to 30min Support at 1698.700.
✅ We have Conference Board Consumer Confidence and the Richmond Manufacturing Index data released 30min after New York Stock Exchange Open.
Goldtechnicalanalysis
XAUUSD - GOLD CURRENT SITUATION - As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1675 LEVEL. After that, at 1832, the PRICE must go up, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS.
- Currently, US 10Y is slightly UP. Also, DXY is going up a bit. For this reason, GOLD is going down now.
XAUUSD - GOLD CURRENT SITUATION#XAUUSD - #GOLD
- As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. CPI DATA further DOWN GOLD PRICE. Wait until the TREND LINE on the PRICE CHART BREAKS.
- Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now.
XAUUSD - GOLD CURRENT SITUATION#GOLD -
- As we can see, GOLD is still going down since the last few days. The reason was that the US10Y was constantly strengthened by MARKET UPDATES. But as soon as there is an opportunity in the future, GOLD can be BUY as per the MARKET STRUCTURE. But yet there is no reason or incident to make GOLD MARKETS FUNDAMENTALLY UP yet.
- By now, GOLD must go to 1671 LEVEL. After that, the PRICE must go up at 1910, definitely a STRUCTURE BREAK
If one comes. Definitely follow the STRUCTURE we have given. Before that, the GOLD PRICE can be UP on the TRENDLINE by today's CPI DATA until the 1789 LEVEL. Pay attention to that too.
- Currently, US 10Y is slightly UP. Also, DXY is also slightly UP. For this reason, GOLD is going down now. Anyway, everyone is waiting for US CPI DATA to come out today.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightlyD DOWN to 3.28% LEVEL. Like we said before, it's been a bit of a CORRECTION in the last few days. But now the us10y is up fast. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY.
- The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the SHORT TERM will be slightly UP ahead of the GOLD PRICE. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. this time gold will up.
- GOLD PRICE can be UP again to 1910 LEVEL. A
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently up to 3.41% LEVEL .. Now us10y is up fast with US RATE HIKE. We can see that the POSITIVE SENTIMENT that came for USD ECONOMIC DATA is also very POSITIVE for DXY.
- The power of USD is still very strong in GOLD. DXY DOWN very fast last week. But now it is becoming UP. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Currently DXY is getting slightly UP with MARKET RISK OFF. Also, when we look at DXY, it has moved to DXY 105.28 LEVEL.
- The GOLD PRICE is currently moving slightly below the DYNAMIC S / R LEVELS. Most likely the SHORT TERM will be slightly UP ahead of the GOLD PRICE. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So it's a bit of a GOLD STRUCTURE BREAK and is currently selling.
- Currently the OVERALL MARKET is RISK OFF. STOCKS is currently displaying a DOWNSIDE BIAS. And the VOLATILITY is getting a bit UP. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is only one RISK OFF TONE in the market. Therefore, all currencies such as NZD CAD AUD may definitely be somewhat DOWN in the future. Also JPY CHF can be UP.
- GOLD PRICE can be UP again before DOWN until 1866 LEVEL. After that you can definitely DOWN up to GOLD price up to 1765 LEVEL.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 2.91% LEVEL. Like we said before, it was a little CORRECTION just like we thought. We can see that the POSITIVE SENTIMENT for USD ECONOMIC DATA is also very POSITIVE for DXY.
- The power of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is getting a bit down but now it's getting a bit UP up with the MARKET RISK OFF. Also when we look at DXY it has moved up to DXY 102.238 LEVEL.
- GOLD PRICE is currently slightly higher than DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So it can be a bit UP before SELL. In a DOWN SIDE CHANNEL a GOLD is seen moving.
- Currently the OVERALL MARKET is showing RISK OFF. STOCKS is currently RED showing a RISK OFF SENTIMENT. And the VOLATILITY is getting a bit UP. Also COMMODITIES show a MIXED BIAS today. Currently the MARKET has a RISK OFF SENTIMENT. Therefore, in the future, all NZD CAD AUD currencies may be slightly lower compared to JPY CHF and USD currencies.
- The GOLD PRICE can be UP again before DOWN until 1918 LEVEL. So GOLD is more likely to go back to the 1918 LEVEL. Then you can definitely DOWN GOLD price up to 1783 LEVEL. If the TREND LINE is BREAK, you can go up to GOLD 1765 LEVEL DXY or US10Y if there is a UP TREND again.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly down to 2.74% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past.
The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Currently DXY is getting somewhat DOWN with MARKET RISK ON. Also, when we look at DXY, we have moved up to DXY 101.660 LEVEL.
- GOLD PRICE is currently moving above DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but may be more DOWN under the influence of DOLLAR in the future. So currently UP can be before SELL.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a NEUTRAL BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- The GOLD PRICE can be UP again before DOWN until 1918 LEVEL. So GOLD is more likely to go back to the 1918 LEVEL. Then you can definitely DOWN GOLD price up to 1783 LEVEL. If the TREND LINE is BREAK, you can go up to GOLD 1765 LEVEL DXY or US10Y if there is a UP TREND again.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- US10Y is currently slightly up to 2.92% LEVEL. Like we said before, it was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past.
The POWER of USD is still very strong in GOLD. Now DXY has been DOWN very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is currently down a bit with the MARKET RISK ON. Also, when we look at DXY, we have moved to DXY 103.814 LEVEL.
- GOLD PRICE is currently moving below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but another WAVE can be DOWN under the influence of DOLLAR. So currently GOLD can be SELL before UP.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. And the VOLATILITY is getting a bit DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1798 LEVEL. After that you can definitely go up to GOLD price 1918 LEVEL. If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION⛔️ US10Y is currently slightly down to 2.91% LEVEL. It was a little CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. The POWER of USD is still very strong in GOLD. Now DXY UP has been very fast for the last few days. We look forward to hearing from DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. DXY is currently down a bit with the MARKET RISK ON. Also when we look at the DXY it has moved up to the DXY 104.575 LEVEL.
⛔️ GOLD PRICE is currently moving below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS but another WAVE can DOWN under the influence of DOLLAR. So now GOLD can be SELL before UP.
⛔️ The OVERALL MARKET is currently RISK ON on Friday. STOCKS is currently displaying a GREEN SIDE BIAS. Also the VOLATILITY is getting a bit DOWN. Also COMMODITIES show a UP SIDE BIAS. Currently there is only one RISK ON TONE in the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
⛔️ GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1765 LEVEL. After that you can definitely go up to GOLD price 1966 LEVEL. If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
⛔️ However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- As mentioned earlier, a very important event took place at the FOMC MEETING yesterday. The US Federal Reserve has increased their rates by 50bps. Before that there was some talk among the traders about it. So after raising their rates, the US dollar weakened. This is because the USD has been BUY in the past due to the sentiment of traders on the rates they are raising. Other economic indicator data released yesterday also remained weak. UNEMPLOYMENT CLAIMS DATA is due to be released for the US dollar today.
- US10Y is currently down to 2.97% LEVEL. It was a CORRECTION just like we thought. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. Now DXY seems to be a bit CORRECTION after FOMC. We look forward to hearing from you. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also when we look at DXY it has moved up to DXY 102.885 LEVEL.
- GOLD PRICE is currently moving above DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS. But currently GOLD can be SELL before UP.
- Currently the OVERALL MARKET is RISK ON. STOCKS is currently displaying a GREEN SIDE BIAS. But American STOCKS are going down a bit. And VOLATILITY is DOWN. Also COMMODITIES still shows a UP SIDE BIAS. Currently there is only one RISK ON BIAS on the market. Therefore, in the future, all currencies such as NZD CAD AUD can definitely be UP. Also JPY CHF can be DOWN.
- GOLD PRICE can be DOWN again before UP. So GOLD can go back to 1876 LEVEL. After that you can definitely go up to GOLD price 1966 LEVEL.
If the RESISTANCE LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- Today is a very important day for XAUUSD. This is due to the release of USD PCE DATA. So it's a very HIGH IMPACT NEWS. We need to be vigilant about that. So far, the US DATA received yesterday is slightly MIXED DATA received. Also, GDP was very bad at DATA. So GOLD got a good DEMAND.
- US10Y is currently at 2.84% LEVEL. The POSITIVE SENTIMENT for USD has also been very positive for DXY in the past. Now DXY seems to be a bit CORRECTION. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also, when we look at DXY, we have moved to DXY 103.07 LEVEL.
- GOLD PRICE is below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS.
- Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. COMMODITIES RISK ON TONE is what gives us. So I'm trying to be a bit HIGH BEATA CURRENCIES BUY right now. Anyway VIX is getting a bit DOWN right now. Also BONDS PRICES show a slightly NEUTRAL BIAS. But BONDS SPREADS are getting GREEN. MARKET currently has a MARKET ENVIRONMENT with a NEUTRAL BIAS close to RISK ON.
- GOLD PRICE can be UP again before UP. So GOLD can definitely go back to 1891 LEVEL. After that you can definitely go up to GOLD price 1966 LEVEL.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- There are some very sharp economic data to be released this week for the US dollar. Today, especially GDP DATA is due to be released. So be careful when you trade NEWYORK. ADVANCED GDP INDEX, UNEMPLOYMENT CLAIMS DATA will also be released today.
- US10Y is currently at 2.76% LEVEL .. Now US10Y is DOWN. Currently, the POSITIVE SENTIMENT for USD is similarly the most POSITIVE for DXY. US10Y LONG TERM UP is going to be with this RATE HIKE CYCLE and this MARKET CONDITION. Also, when we look at the DXY, the DXY 102.51 LEVEL is further up.
- GOLD PRICE is below DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. GOLD SHORT TERM has a UP SIDE BIAS.
- Currently the SENTIMENT of the OVERALL MARKET is moving towards the RISK ON side. Also the EQUITIES have become a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES is showing a UP SIDE BIAS right now. MARKETS currently have a NEUTRAL SENTIMENT, but the RISK ON SENTIMENT is too heavy. HIGH BEATA CURRENCIES are also UP going very well.
- GOLD PRICE can be UP again before DOWN. So GOLD can definitely go back to the 1909 LEVEL. Then you can definitely DOWN GOLD price up to 1875l 6 LEVEL.
If the TREND LINE is BREAK, GOLD can travel up to 1966 with a DXY or US10Y CORRECTION.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD - GOLD CURRENT SITUATION- Today there are special indicators that affect GOLD. US PPI and CORE PPI DATA data to be released. GOLD will definitely be VOLATILE there. We must pay attention to the US10Y CHART.
- US10Y currently stands at 2.76% LEVEL. Yesterday CPI DATA also made DXY UP at that moment. USD10Y LONG TERM UP is going to be up if this MARKET CONDITION is SUPPORT to USD. Also, when we look at the DXY, the DXY is up to 100.43 LEVEL. So GOLD has not been able to BUY much in recent days.
- GOLD PRICE is available above DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be SHORT TEEM UP in the future. SHORT TERM is for UP SIDE.
- Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Until yesterday the MARKET RISK was OFF. STOCKS DOWN DOWN until yesterday. Also, the EQUITIES are turning somewhat GREEN but the VOLATILITY is going down. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. It's a bit more than the DOWN SIDE BIAS. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is coming ON.
- GOLD PRICE can be UP again before DOWN. So GOLD can definitely go back to 2000 LEVEL. Then you can definitely DOWN GOLD price up to 1817 LEVEL.
- However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first.
XAUUSD ( GOLD ) - FUNDAMENTAL & TECHNICAL ANALYSIS with NFP⛔️ There are two special indicators that affect GOLD today. Among them are the ISM MANUFACTURING PMI, and the US LABOR DATA. These are the most important ECONOMIC INDICATORS and these are the HIGH VOLATILIE INDICATORS.
⛔️ US10Y currently stands at 2.34% LEVEL. CORE PCE DATA was released yesterday but I could not see much HIGH VOLATILITY. US10Y was a bit WEAK at the time. But now the US10Y is becoming UP again. But the data came in fairly good. But USD10Y LONG TERM is going to be UP if this MARKET CONDITION is SUPPORT to USD. Also DXY has been up to 98.48 LEVEL.
⛔️ GOLD PRICE is currently available on DYNAMIC S / R LEVELS. Most likely the GOLD PRICE will be UP in the future. SHORT TERM is for UP SIDE. But the war may escalate again. Because Ukraine is already launching attacks on Russia. So GOLD may be slightly UP, but LONG TERM may be GOLD DOWN in the future as well.
⛔️ Currently the OVERALL MARKET is RISK ON. Also the STOKES are turning a bit GREEN. VIX is getting a bit DOWN. Also COMMODITIES still shows a DOWN SIDE BIAS. Currently there is a NEUTRAL BIAS on the market side.
⛔️ GOLD PRICE can RETRACE from DYNAMIC LEVELS. It's very important to us. Maybe after reaching the dynamic level the price can be hugely VOLATILE with the economic data coming up today.
⛔️ The chance of creating a DOUBLE TOP opportunity again before the GOLD PRICE goes DOWN is very high. So GOLD can definitely go back to the 1966 LEVEL. Then you can definitely DOWN GOLD price up to 1895 LEVEL.
⛔️ However, the bigger picture will change if a new sentiment enters the market or the market takes a risk to strengthen the US dollar first. Today's NFP DATA may change the MARKET SENTIMENT in the future.
GOLD possible buy signal!!Hello traders, Gold has bounced just from Monthly resistance and has created and bullish engulfing pattern on a daily. As the monthly support @ 1759.00, a buy trade opportunity arises from 1777.21 by pending order and may be targeted @ 1826.00 as this is the nearest resistance as well as 61.8% Fib level.
The price is likely to reach with either bull or bears are control. If the bulls are in control, this level is likely to break, if the bears are in control, then this level should reach for a possible retracement up to 61.8% fib
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GOLD SHORT Setup Target 1834WELL, after a long time.
Gold was unable to hold resistance 1875-77 and fall down to support 1848
it bounce from there upto 1760 and now expected to go way down to next support 1834 and still expected to go down...
Put your order now and have some good profits.
Good luck.
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GOLD ANALYSIS WAY TO 1810Gold was strong bullish on 14th of Oct due to fcmo. It just crossed strong resistance and went upto 1800 and now it has came back to 1757 support.
1 Day timeframe it has formed a parallel channel and now according to that it should move above to 1809-15 and then push back down to 1757 and below.
50 MA is going to cross 200MA, it is also a sign of a bullish market so it will go 1800 up.
You can put your sell order there 1809-15 with sl 1832 and TP 1785 – 72 – 57 – 45 – 34 – 17.
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GOLD intraday analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GOLD IS CONSOLIDATED - XAUUSDGOLD is struggling hard to break the support 1752. Based on my previous analysis it was going well on Friday 8th oct it showed rejection form 1780-85.
Now there are 2 possibility for you all to open sell order. When price strike to above resistance 1780-85 OR goes below 1750.
Still main trend is down so we are not going to place any buy order. Our target is 1723 and blow. Just keep focus.
Market will be volatile tomorrow as there a FOMO news.
We might see some movement by tomorrow.
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Commet down.