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Central Banks Gold Purchases in July: An Opportunity to ConsiderCentral banks worldwide have continued to increase their gold reserves during July, which could indicate their preparations for potential economic challenges ahead. Over the past few years, central banks have been actively accumulating gold as a strategic move to diversify their reserves and safeguard against various risks. However, the notable surge in gold purchases during July raises questions about what these institutions may anticipate. While it's essential to approach this topic cautiously, it is worth considering the potential implications for individual investors. Central banks, custodians of their respective countries' monetary policies, possess valuable insights into the global economic landscape. Their recent gold acquisitions could suggest that they are bracing themselves for a negative turn of events or seeking to protect their economies from potential shocks. As astute investors, we must consider such indicators and evaluate our investment strategies accordingly. Considering the historical stability and store of value that gold has provided over time, it might be prudent to assess our portfolios and consider allocating a portion towards this precious metal. By doing so, we can hedge against the uncertainties ahead and protect our wealth from potential economic downturns. However, evaluating your financial situation and consulting with a trusted financial advisor before making any investment decisions is essential. While we cannot predict the future with certainty, it is always wise to be prepared for various scenarios. Central banks' continued gold purchases could serve as a reminder to reassess our investment strategies and consider the role that gold can play in our portfolios. If you are interested in exploring gold as a potential investment avenue, I recommend conducting thorough research, seeking advice from trusted financial professionals, and considering reputable investment options available in the market. Remember, knowledge and careful consideration are essential when making investment decisions. I hope this information proves valuable as you navigate your investment choices. Please feel free to comment if you have any questions or want to discuss this topic further. Together, we can ensure our financial well-being in the face of potential challenges.
OANDA:XAUUSDLong
by bryandowningqln
Gold Shortestablishing the Short Position: Given the stable gold prices during this period, it would have been a challenging environment for shorting gold. Traders would need to identify specific technical or fundamental indicators that signaled a potential price decline within this range. 3. Setting Stop Limits: To manage risk in a short position, it's essential to establish stop limits that protect against potential losses. In this case, you've set the stop limit above 1957. This choice could be based on several factors: a. Technical Resistance: 1957 might be a level at which gold previously faced resistance, and breaking above it could signal a potential bullish trend. Therefore, placing a stop just above this level makes sense to limit losses if the trend reverses. b. Risk Tolerance: The specific stop level should align with the trader's risk tolerance and the amount of potential loss they are willing to accept. A stop above 1957 is a prudent choice if the trader wants to minimize losses in case of an unexpected bullish breakout. Risk-Reward Assessment: Before entering the short position, traders should calculate the potential risk-reward ratio. In this case, the risk is the distance between the entry point and the stop level above 1957, while the reward is the expected decline within the range from 1947 to 1950. Continuous Monitoring: Once the short position is initiated, it's crucial to continuously monitor market conditions and any developments that could impact gold prices. If the price approaches the stop level, traders should consider whether it's appropriate to exit the position to limit losses. Flexibility: In trading, flexibility is essential. If new information or unexpected events emerge that suggest a change in the market's direction, it may be necessary to adjust the stop levels or exit the position early to protect capital.
OANDA:XAUUSDShort
by realtrademaster
XAUUSD\GOLD - AnalysisXAUUSD\GOLD W1 - is in the phase of a flat / sideways direction in the price section 2037 - 1678, as it is clear that the price twice after the implementation of two waves approached the price of 1814, and then after the correction - movement to the price of 1678 What can be expected now? Presumably, the correction after the 3rd wave begins to end, which may lead to the implementation of the 5th wave and the price drop to 1814 and below. Short Long term - goals 1814–1678 Medium term - goals 1918-1899-1871
OANDA:XAUUSDShort
by Trade_Hive_Signals
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:GOLDLong
by ForexPlanet20
XAUUSD: Price down!Greetings, valued readers! At present, the value of gold is exhibiting a downward trajectory for the second consecutive day on Tuesday, despite not showing any significant follow-through and staying within the well-known range that has been maintained over the previous week. GOLD is currently situated slightly below $1,940, undergoing a decrease of less than 0.10% within a single day and facing pressure from various factors such as the US dollar.
OANDA:XAUUSDLong
by Sphyn-Trader
6
Go short gold first, then long gold,and still keep making moneyToday we made a good profit on gold trading. Today I remind everyone to short gold above 1935. Obviously, we made another big profit. We left the market with a profit around 1928. Because I would like to remind everyone again that gold fell today, but from a technical point of view, it is difficult for gold to form a trend decline, and it is also difficult for gold to fall below 1925, so we are long gold in batches in the 1930-1925 area.We still have a long position in gold at the moment, and I believe that very good profits will be made soon. I post my trading ideas on a daily basis and also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn the logic of market trading, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
OANDA:XAUUSDLong
by AntonioWilson
1
Gold trend analysis After falling on Monday, the upper resistance point fell back. 1948 is the defensive point of the bearish trend, and the actual transaction needs to move down the point. Look at the small cycle 1942 suppression point. As for whether it can break through 1928, it depends on the market influence of the US market. Summary: Today’s strategy is to buy when the gold price falls to around 1928 Share free trading signals every day, if you need, please join me
OANDA:XAUUSDLong
by Tony_barry
🥇Gold🥇is ready to break the Downtrend line⏰(15 min)⏰!!!🏃‍♂️Gold is moving in the 🟢 Support zone($1,939-$1,932) 🟢 and near the Support line . 🌊Gold seems to be completing another corrective wave , which is a Zigzag structure(5-3-5) . 🔔I expect Gold to at least increase to the previous top after breaking the downtrend line . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
15
Gold 45-46 short, backhand short next week When we were young, we all felt that we had superpowers, unique, and what others could not do, and when we grew up, we slowly found that we were not so strong, commonplace, and even far less than most people, often time will slowly give us what we want, but he will also slowly take away what we are reluctant to slowly take, the autumn wind is difficult to autumn wind and rain, a book of lovesickness. Gold, Friday's non-farm rush back down, after the highest touched the 53 line began to retrace around 34, the daily line closed at the upper lead of the doji pattern, and for the previous continuous rise of the market, the pattern of the high doji may be a signal of the end of the bulls, while the non-farm rush back down also makes the market on its bulls energy will have the possibility of excessive release, and the current pressure above gold is maintained at the previous high of 48 line position, and Friday's non-farm high may also be a possibility for bearish washing, And the first support below will be located at the 30 line, this position is also the later long and short turn point, and once it continues to break, the short-term bullish counter-draw will also end, and the weekly system is still suppressed in the middle of the orbit, then Monday's trend is relatively important, if it continues to break, then the possibility of late continuation is higher, on the contrary, I personally think that the probability of a long-short reversal is greater, then Monday gold rally saw 46-47 near short, the target is around 35-25, loss 52.5.
FX:XAUUSDShort
by Richard-Wagner
1
XAUUSD: 30/8 Today’s Trading Strategy​At the beginning of the Asian market on Wednesday, gold held a nearly three-week high and is currently around 1936. The main U.S. employment data in July began to approach pre-epidemic levels, a sign of a cooling labor market. The dollar and U.S. bond yields fell sharply on Tuesday, with the 10-year U.S. bond yield hitting a near two-week low, helping gold soar more than $15 , conquered the key position near the 55-day moving average of 1931.5, and spot gold closed at 1937.17 on Wednesday. The gold 1915-1918 given by Jiesse yesterday emphasized the idea of ​​gold bulls. I believe that the friends who followed have perfectly won the stop profit. Yesterday's bulls rose and closed at a high level. The daily line included a big positive line, which broke through the previous highs at the highest point, but did not break through the previous lows. There was a bullish situation. After the shock, it broke through again, indicating the continuation of the bulls. From the perspective of the four-hour level, before this wave of rising gold was a wave of continuous falling waves, so the rising wave at this stage is an adjustment of the previous wave, or a new round of rising waves. Let’s start now Mainly do more at low positions. It is estimated that the watershed between long and short in the current trend will be at 1926, and you can continue to do long if the retracement does not break below. Jiesse's conclusion: Gold's breakthrough again does not mean that it will continue to skyrocket. Today’s operation considers retracing and doing long mainly, and then shorting at high positions. Focus on the resistance of 1942-1947 at the top, support at 1918-1925 at the bottom, and focus on 1915 after an unexpected break. If the high point does not break through 1940 for many times, you can consider shorting. ​​​​Gold operation strategy: SELL:1943-1947 TP1:1937 TP2:1933 1922-1926 TP1:1929 TP2:1932
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 31/8 Today’s Trading StrategyAt the beginning of the Asian market on Thursday, the U.S. dollar index fluctuated and fell slightly, currently around 103.2, continuing the overnight weakness. Gold prices temporarily stayed at four-week highs, currently around 1945. Gold is now in a volatile trend at the bottom, and the rebound is nearing the end. The big non-agricultural data will be released on Friday. With the news uncertain, gold will not easily break through the daily pressure. Today, we will see a band correction! This Friday is a critical node, everyone needs to take advantage of it. Yesterday evening, after the ADP data was released, the U.S. dollar index fell sharply. The price of gold once rose to 1948, but this does not mean that gold will continue to break through and rise. The subsequent increase will not be large. It rebounded from 1984 to 1949, close to 65 US dollars, whether it is From the perspective of time and space, the rebound trend is about to end. On Thursday and Friday, we will focus on initial jobless claims data and non-agricultural data. At the top, we will focus on strong resistance near 1953-55. Short-term short orders can start to be placed. Overall, today Jiesse's short-term gold operation ideas suggest mainly shorting the highs, and then going long at the lows. The upper short-term focus will be on the 1950-1955 first-line resistance, and the lower short-term focus will be on the 1925-1933 first-line support. ​Gold operating strategy: BUY:1935-1938 SL:1930 TP1:1944 TP2:1950
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 1/9 Today’s Operation StrategyGold traded sideways at a high yesterday, fluctuating and retracing at the 1949.2 level, and stabilized and fluctuated at the 1938 level. The fluctuation was only 10 US dollars throughout the day, and the daily level fell slightly. The high price did not break the previous high, and the low price did not break the previous low. In continuous After rising, there is a negative closing, which may be a change in trend, but it cannot break the previous low. Judging from the trend, because non-agricultural non-agriculture is approaching, the overall fluctuations in the last trading day were limited. The opening in early trading was at 1939.96, then rebounded to 1944 and then fell back. The range was compressed quite severely. Gold hit a high yesterday and fell back. The daily Xiaoyin K line closed. On the last day of the week, yesterday gold was under pressure at the middle track of the Bollinger Band. , in the volatile market, once it stops and cannot break through the key resistance, it will be a volatile ending rhythm at the end of the week. Pay attention to the closing situation of this week's line. The daily upward line is suspended. It is not a strong unilateral in itself. It will be blocked during the rebound and correction market and fall into shock. . The 4-hour chart is currently confirming the second-wave upward trend, and the upward trend line has not fallen. Judging from the 4-hour structure alone, it is a correction in the upward trend. The longs and shorts have entered into differentiation, the weekly line is blocked, and it is still partially suppressed in 4 hours. It depends on whether to choose to break through downward or upward. The short-term begins to re-determine the direction. There are changes in the long and short positions, and the support of the trend line is around 1930-1927. The Asian market is expected to narrow and fluctuate, and the operating point will be placed on the European and American markets. Today's gold operation ideas Jiesse recommends selling high and then buying low. ​ ​Gold operating strategy: BUY:1926-1929 SL:1920 TP1:1934 TP2:1940
OANDA:XAUUSD
by ActuaryJ
And No Bets Against Gold Either - 09032023I am not interested n taking bets against gold either. I'm intrigued and a little perplexed at how well Gold is moving against the USD currently though I am bullish on them both. I'm excited to view the price action and hopefully snag more than a few profitable opportunities over the next coming weeks on Gold. It's still the beginning of the month so only time can tell but I am bullish and watch Gold as we potentially return to some ATH levels that I think will be make or break for this commodity. Either way it goes let's stay focused and catch some pips this month!
OANDA:XAUUSDLong
0
by MultiBillionaireMom
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
1
Analysis of Global Gold Market. XAUUSDTitle: 📈 Analysis of Future Gold Price Movements by Amin Esmaeilzade Sepidar 💰 Introduction: This analysis aims to assess the potential future movements of gold prices, considering key macroeconomic factors such as the U.S. Federal Reserve's monetary policies, the Biden administration's fiscal policies, and the possibility of a change in U.S. presidency in upcoming terms. Additionally, technical analysis tools, including price action and Fibonacci measurements, will be utilized to provide insights into the future trajectory of gold. 📊💹 1. Macroeconomic Factors: a. U.S. Interest Rates: The decisions of the U.S. Federal Reserve regarding interest rates can have a significant impact on gold prices. Lower interest rates tend to make gold more attractive as an investment, while higher rates can diminish its appeal in comparison to interest-bearing assets. Monitoring the Federal Reserve's interest rate policies and their potential changes is crucial in assessing future gold price movements. 💱💼 b. Biden Administration Policies: The fiscal policies implemented by the Biden administration, such as infrastructure spending, tax reforms, and stimulus packages, can influence inflation expectations and overall market sentiment. Gold is often considered a hedge against inflation, and any developments in these policies may impact the demand for gold as an inflationary hedge. 🏗️📈 c. U.S. Presidential Elections: Considering the potential change in U.S. presidency in future terms is important, as different administrations may have varying economic policies and geopolitical strategies. Geopolitical uncertainties and shifts in global power dynamics can drive investors towards gold as a safe-haven asset, affecting its prices. 🗳️🌍 2. Technical Analysis: a. Price Action: Analyzing price patterns, support and resistance levels, and trend formations through price action analysis can provide insights into future gold price movements. Identifying key chart patterns, such as head and shoulders, double tops/bottoms, and bullish/bearish engulfing patterns, can help predict potential reversals or continuations in gold prices. 📉📈 b. Fibonacci Measurements: Fibonacci retracements and extensions are widely used technical tools in forecasting price targets and potential areas of support and resistance. Applying Fibonacci ratios to significant price swings in gold can assist in determining potential price levels for buying or selling opportunities. 🔢📊 Conclusion: By considering both macroeconomic factors and technical analysis tools, Amin Esmaeilzade Sepidar can gain a comprehensive understanding of future gold price movements. Monitoring the U.S. Federal Reserve's policies, the fiscal initiatives of the Biden administration, and potential changes in U.S. presidency can provide insights into the broader economic landscape. Additionally, employing price action analysis and Fibonacci measurements can help identify key chart patterns and price levels that may influence gold prices. However, it is important to note that the future movement of gold prices is subject to various uncertainties, and careful analysis and risk management are essential for informed decision-making. 📚🔍💡 Please note that this analysis is based on the information provided and should be supplemented with additional research and data for a more accurate assessment. Good luck with your analysis, Amin Esmaeilzade Sepidar! 🚀💼
OANDA:XAUUSD
by aminsepidar