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Gold transaction analysis Spot gold prices peaked in 1985 and fell below 1956. The remarks of Federal Reserve officials and the stalemate in the US debt ceiling negotiations caused the US dollar and US bond yields to continue to strengthen, which affected the decline of gold.At present, the dollar index remains stable and has been near 104; gold is currently near 1960-1965. It should be noted that the minutes of the Fed's meeting in the early hours of this morning still have their own views on raising interest rates, emphasizing the need to look at the data, and there are several relatively important data releases in the last two days of this week. Especially GDP data and PCE, if these data perform well, there is a high probability that the Fed will increase its expectations of raising interest rates in June. At the same time, Fed officials have emphasized that even relying on data is unlikely to cut interest rates, so overall, gold prices may continue to fall for some time to come. gold:sell@1965-1970 tp1956-1950 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:XAUUSDShort
by UnknownUnicorn55305588
XAUUSD:Message surface U.S. Treasury Secretary Janet Yellen insisted on Wednesday that early June was the deadline for defaulting on the debt ceiling and said she would update Congress soon on the administration's finances. It's hard to say exactly when the U.S. government will run out of resources, and the White House's negotiations to raise the debt ceiling are currently "making modest progress." Fed officials "generally agree" that the need for further rate hikes "has become less certain," with some saying the 25 basis point hike they approved could be the last hike in the cycle. Other policymakers warn that the Fed needs to maintain its options given the risks to persistent inflation, which is currently more than double the Fed's 2% target. This increases expectations that the Fed may pause aggressive rate hikes at its upcoming June 13-14 meeting. Investors need to pay close attention to further news of the debt ceiling negotiations in the near future, in addition, they need to pay attention to the change in the number of US jobless claims, pay attention to the revision of the US GDP series for the first quarter, continue to pay attention to the speech of Fed officials, and watch for the change in market expectations for the US PCE data for April, which will be released on Friday. Gold is still in a downtrend, pay attention to whether 1950 will break through, today's trading strategy is to go short when it rises. As long as you keep up with my signal, you can make more money
FX:XAUUSDShort
by UnknownUnicorn55305536
Gold transaction analysis Gold has been oscillating between 1983 and 1969 yesterday. Due to the strong rise on Friday, it has given enough operating points for short-term trading, so in yesterday's trading ideas, it is clear that there will be many high-level short-selling trading opportunities, but the overall trend of gold has fallen below the key support level of 1970, which is close to the lowest position of the previous cycle. Here we need to note that the current important support level for short-term trading is 1950, and the trading opportunities are mainly between 1950-1955. We should try to buy at a low position. If the position is not suitable, we can choose to wait patiently for a better buying opportunity. Today's gold trading strategy: gold:buy@1950-1954 tp1964-1968 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:XAUUSDLong
by UnknownUnicorn55305588
Today's gold takes profit and leaves the market The trading signal provided to you today is sell@1980-1985 tp1975-1970 I am very happy to be able to take a profit and leave the market with my friends. We successfully analyzed that gold will fluctuate between 1970 and 1985 today. Overall, the current gold market has always been a downward trend. We accurately captured the highest point of gold today, 1982, and then went short near 1982, took a profit near 1970, and successfully reaped a very good profit. The current golden point is near 1974, which may not be a particularly suitable buying point. We need to wait patiently and look for better trading opportunities. Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
FX:XAUUSDShort
by UnknownUnicorn55305588
XAU/USD Sees Modest Upside Amid US Debt Ceiling ConcernsThe XAU/USD pair shows a potential buying opportunity as Gold price receives support from various factors, including US debt ceiling concerns and Powell's less hawkish remarks. However, it's essential to stay informed about market developments and adjust the trade plan accordingly. TRADE IDEA DETAILS CURRENCY PAIR: XAU/USD (Gold/US Dollar) CURRENT TREND: Sideways with a slight bullish bias TRADE SIGNAL: Buy Signal 👉ENTRY PRICE: $1,984-$1,985 ✅TAKE PROFIT: $2,011-$2,012 ❌STOP LOSS: Below $1,950 The analysis suggests a potential buy signal for the XAU/USD currency pair. Here's the breakdown: 1. Gold price is currently trading within a narrow range and influenced by various factors. 2. The US Dollar has experienced a modest intraday uptick, which acts as a headwind for the XAU/USD. 3. Despite the US Dollar strength, Gold's downside is cushioned by looming recession risks and concerns about the US debt ceiling. 4. Federal Reserve Chair Jerome Powell's less hawkish remarks provide support to Gold price. 5. Technical analysis indicates that a sustained strength above the $1,984-$1,985 region could lift the price towards $2,000 and beyond. 6. The immediate support level is around $1,950, with the 100-day Simple Moving Average (SMA) acting as the next support around $1,930. TRADE PLAN: Based on the analysis, the trade plan is as follows: 1. Enter a long position (buy) if the price breaks above the $1,984-$1,985 resistance level. 2. Set the take profit level at $2,011-$2,012, which represents the next relevant hurdle. 3. Place the stop loss below the $1,950 support level to limit potential losses. 4. Implement proper risk management techniques, ensuring a risk-to-reward ratio of at least 1:2. 5. Monitor the trade closely, considering key events such as the meeting between President Joe Biden and House Republican Speaker Kevin McCarthy and the release of US PMI prints and FOMC meeting minutes. #GoldPriceForecast #XAUUSD #USDebtCeiling #FederalReserve #MarketAnalysis
OANDA:XAUUSDLong
by RichDadph-FX
Analysis of today's gold trading As I analyzed yesterday, I have been giving everyone confidence from 1950 to 1955. First of all, congratulations to my friends, who have gained a good profit so far. At the same time, today is still Friday. The market in the last two months has basically fallen on Friday, but from the current overall point of view, gold has fallen below 1970 yesterday, and there is not a lot of room for decline, so the market is likely to rise again. We must seize a more accurate buying opportunity. It should be noted that Friday is not a good trading date, and friends who reap profits should also close their orders in time. Today's gold trading strategy: gold:buy@1960-1962 tp1970-1975 Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
OANDA:XAUUSDLong
by UnknownUnicorn55305588
Gold is about to reboundNews side: International gold closed down sharply on Thursday (May 18), with an opening price of $1980.18/oz, a highest price of $1985.78/oz, a lowest price of $1951.79/oz, and a closing price of $1955.85/oz. News side: The monthly rate of leading indicators of the U.S. Conference Board in April released on Thursday recorded -0.6%, in line with market expectations, and the previous value was -1.2%. The market expected 254,000, and the previous value was 264,000. According to the commentary, following the "falsely" inflated data in the previous weeks, the number of people filing for unemployment benefits in the United States hit the largest drop since 2021. Initial claims for state unemployment benefits fell by 22,000 to 242,000 in the week ended May 13, according to data released by the Labor Department on Thursday. Continuing claims fell slightly to 1.8 million in the week ended May 6. Some economists have been wary of drawing strong conclusions from the data amid reports that fraudulent filings are behind the recent trend in jobless claims. Massachusetts accounted for nearly half of the national increase in unadjusted applications for the week ended May 6, which state officials said was largely due to fraud. Fed official James Bullard said concerns about the impact of banking stress had been "overemphasized." He would keep an "open mind" about his next policy meeting in June, but signaled he was inclined to support another rate hike. Focus on today: 14:00 German April PPI monthly rate 20:30 Canadian retail sales monthly rate in March 20:45 Fed Williams delivers a speech 21:00 Federal Reserve Board Governor Bowman participated in the session 23:00 Federal Reserve Chairman Powell attends the discussion At 03:00 the next day, European Central Bank President Lagarde attends a group meeting Gold aspect: Gold continues to break new lows, and the daily support has been broken! There is only one result of such a trend, continue to break down! The support below is the previous support area of 1930-20! Short, the rebound in early trading relies on the pressure of 1970 to continue to short! The trend is down, the most important thing is to follow! Although the market moves slowly, but in the right direction, profits are within reach! In just three days, gold has fallen by $70! The trending market is the profitable market, you must seize it! Today's Asian-European gold is estimated to fluctuate and adjust first, and then continue to decline after a break! The recent market is concentrated in the U.S. market, so after the intraday rebound encounters resistance, find the right opportunity to go short and wait for the U.S. market to break out! specific strategy Gold 1970-1972 empty, stop loss 1978, take profit 1930.           The above suggestions are for reference only, investment is risky, and operations need to be cautious Detailed Free Signal View My Profile Signature
FOREXCOM:XAUUSDLong
by Prometheusinfinance
1
3 Reasons to Buy GOLD now as All-Time High BeckonsGold is expected to continue its upward trend based on the analysis provided by UBS economists. Factors such as central bank demand, broad US Dollar weakness, and potential safe-haven flows during a US recession support the buy signal for XAU/USD. Traders should closely monitor market conditions, including any developments that may impact the US Dollar or global economic stability. TRADE IDEA DETAILS CURRENCY PAIR: #XAUUSD (Gold/US Dollar) CURRENT TREND: Bullish TRADE SIGNAL: ↗️Buy Signal 👉ENTRY PRICE: $1,965 ✅TAKE PROFIT: $2,012 ❌STOP LOSS: $1,928 3 Reasons to Buy Now as All-Time High Beckons: Central bank demand should remain robust: UBS economists expect central banks to continue buying gold at a higher rate than the average since 2010, which indicates strong demand. This trend is driven by heightened geopolitical risks and elevated inflation. Central bank buying provides support for gold prices. Broad US Dollar weakness supports Gold: UBS also highlights the weakening trend of the US Dollar (USD). Gold has historically performed well when the USD softens, and UBS predicts another round of USD weakness over the next 6-12 months. The negative correlation between gold and the USD suggests a potential upside for gold prices. Rising US recession risks may prompt safe-haven flows: Recent data from the US indicates slowing growth and tighter credit conditions, which could weigh on the economy and corporate profits. UBS mentions that gold's relative performance versus the S&P 500 tends to improve during US recessions. In uncertain times, investors often seek safe-haven assets like gold, which could drive demand and push prices higher.
OANDA:XAUUSDLong
by RichDadph-FX
2
XAUUSD - Scalping waiting Unemployment ClaimsGold price has broken short-term support and hit a multi-day low due to stronger US Treasury bond yields and the US Dollar. The Federal Reserve officials' hawkish bias and the US debt ceiling concerns are contributing to this trend. Bearish signals from the Moving Average Convergence and Divergence (MACD) indicator and a two-month-old bearish triangle pattern confirm the downward trend. However, the Relative Strength Index (RSI) line is below 50, indicating that the XAU/USD bears are waiting for sustained trading below the 50-DMA, around $1,984, before adding more short positions. SELL XAUUSD 1992 - 1994 Stoploss: 1998 Take Profit1: 1988 Take Profit2: 1984 Take Profit3: 1980 HELLO TRADER ARE YOU READY 🔥
OANDA:XAUUSDShort
by DNA_TradingFX
3
Gold market forecast Spot gold rebounded modestly, and the gold price is now near 1975 US dollars per ounce.Gold struggled around 1975.The U.S. debt ceiling negotiations ushered in major news, and the U.S. will not default on its debt.Key data that investors need to pay attention to today: Japan's non-seasonally adjusted commodity trade account for April, Australia's seasonally adjusted unemployment rate for April, Japan's seasonally adjusted commodity trade account for April, changes in Australia's employment population in April, the number of people applying for unemployment benefits at the beginning of the week in the United States, the number of people renewing unemployment benefits in the United States for the week, and the annualized total number of home sales in the United States in April. Taken together, today's short-term gold operation ideas suggest that the rebound and short selling are the main focus, supplemented by the low step back. The short-term focus above is on the first-line resistance of 1980-1985, and the short-term focus below is on the first-line support of 1970-1975. Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
TVC:GOLDShort
by UnknownUnicorn55305588
XAU/USD Mixed Sentiments Amid USs Data and Debt Ceiling TalksGold prices are struggling to maintain their week-start corrective bounce as mixed sentiment and anxiety over top-tier US data and debt ceiling talks weigh on XAU/USD buyers. However, the US Dollar bears have taken a breather amid hawkish Federal Reserve talks. Additionally, China's economic report indicates that economic growth is set to rebound sharply, which is underpinning the Gold price upside. The XAU/USD traders are bracing for the key US Retail Sales and debt ceiling negotiations among the US policymakers and are expecting a pullback unless the Gold price can sustain the $2,000 breakdown. TRADE IDEA DETAILS: CURRENCY PAIR: #XAUUSD CURRENT TREND: Mildly bearish TRADE SIGNAL: ↘️Sell 👉ENTRY PRICE: $2,015 ✅TAKE PROFIT: $1,970 ❌STOP LOSS: $2,027 #goldprice #XAUUSD #USdata #debtceiling #Fedtalks
OANDA:XAUUSDShort
by RichDadph-FX
5/11 Gold Trading Signals: Bears Friends, have a nice day, hope everyone can make a lot of money! In the gold 4h chart, the form is favorable for short positions, so in today's and tomorrow's transactions, try to focus on shorting at high positions, which can increase the probability of everyone's profit! Focus on resistance 2026-2032, support near 2016, and after falling below, the target is near 2003. I hope my suggestions can bring you some help and let you make money!
FOREXCOM:XAUUSDShort
by EagleEyeStrategy
Gold trading signal: support around 2030 is important Friends, we made some money again today, this week's goal is 300%, and it is expected to be completed tomorrow! In today's gold trading, we carried out short trades at 2032, 2029, and 2025 respectively, and took profit around 2023, and then carried out long trades around 2024 and 2028, and took profit around 2036, making satisfactory profits from it . In the next transaction, we need to pay attention to the support of the 2032-2026 range. If the support is effective, the market may break through 2040. If it falls below, we need to pay attention to the previous 2022-2018 range support. Transactions can be carried out with reference to these prices. If the market breaks through in one direction, we will adjust the trading strategy according to the changes. Here to remind everyone that there will be EIA data tomorrow, which will have a great impact on oil and will bring very good trading opportunities. There will be ADP data on Thursday, which will mainly affect gold. We got very good results from last week's NFP data Profit, I believe we can grasp them very well this time and make satisfactory profits again!
FOREXCOM:XAUUSDShort
by EagleEyeStrategy