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Gold at week-low as Federal Reserve's on hawkish overdriveGold prices dropped to a one-week low after the Federal Reserve announced its intention to raise interest rates until annual inflation reaches 2%, a move that is expected to put further pressure on the precious metal. Gold futures on New York's Comex fell by $27.50, or 1.4%, to $1939.60 per ounce. The spot price of gold reached $1,920.82, down $9.66, or 0.5%. The 10-year U.S. Treasury yield also hit a peak, and the Dollar Index reached six-month highs, limiting demand for dollar-denominated commodities among non-dollar currency holders. The hawkish stance of the Fed is seen as gold's primary challenge.
FXOPEN:XAUUSD
by Santorinina
XAUUSD: Gold returns to support, ready to buyLooking at the trend of gold, it started to fall after encountering resistance and the pressure of the daily Bollinger upper track, so the current trend of gold is still fluctuating at the daily level! After the data, the market surged higher and fell back, and now it has fallen to near the support of the 4-hour Bollinger Band! Have rebound demand! Gold is still in a big shock trend at the daily level. Operations should be treated as shocks. Pay attention to the pressure at the 1936 position above the rebound. If there is resistance, we are always ready to go short! Before that, we can seize the opportunity of a wave of rise As of now, our golden winning rate still maintains a 100% winning rate, and I will continue to maintain it. If you want to get my accurate signal as soon as possible, you can contact me below
OANDA:XAUUSDLong
by Nick_John
Gold Next target: 1903? Will gold really fall again?Hello everyone, The price of gold has been fluctuating quite rapidly, but it seems to be pushing past the 1935 and 1940 resistance levels. This indicates a possible downtrend as bearish momentum takes hold. Be cautious if the 1928 and 1923 support levels are breached, as that could signal a downfall towards the 1916 and 1903 targets. It's important to remember that the financial markets can change at a moment's notice. To mitigate risk, it's vital to take various factors into account and conduct a comprehensive analysis of the current market conditions before taking any trading decision. If you found our analysis insightful and beneficial, please do not hesitate to like our post. Also, we would love to hear from you. Feel free to express your thoughts in the comment section. Thank you for your support and we wish everyone the best in their trading journey.
OANDA:XAUUSDShort
by MsProTrading
1
XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13. Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935. On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak. So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low! ​Gold operating strategy: SELL:1935-1937 SL:1942 TP1:1930 TP2:1925
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD: Ready to buy at 1930Gold continues to be bullish today! If gold is going to change, the chance will only come after tomorrow! Before that, don’t change your mind easily! Neither the rise nor the fall will last for long, and the fluctuations within the day have been relatively small recently, so don’t chase the rise or fall easily. Tomorrow is the interest rate decision, and gold will run in a narrow range before the data! Looking at the daily line, the pressure on the upper track of the gold Bollinger Band is 1945, but this position may not be the end of the rise. Whether it continues depends on the performance after the data! In the short term, gold's rise continues, and operations are still dominated by lows and longs! The intraday range is small. If you miss it, don’t be anxious. You should wait patiently for the pullback to get a bullish opportunity near 1930!
OANDA:XAUUSDLong
by Nick_John
XAUUSD: 18/9 Today’s Trading StrategyThe international gold price fluctuated slightly and rose slightly on Monday, while the U.S. index remained stable above the 105 mark. Market focus this week will be on the Federal Reserve, with the Federal Open Market Committee meeting on Tuesday. Last week, spot gold successfully held on to the 1900 mark, and after the daily line closed with a cross star, a big positive line rose, successfully breaking through the Bollinger Middle Track, indicating that a large number of buying orders began to enter the market, and a reversal signal was shown at the low level. The short-term bulls have reversed the weak situation and successfully closed above the 1920 mark. The MA5-MA10 moving average has also begun to turn upward. If the bulls successfully break through the 1930 mark, it will continue to rise. What needs to be noted is that the weekly trend is in the peaking and falling stage, and the overall situation is still volatile and downward. Bulls may not necessarily be able to break through 1930. This position is the top of the recent shock in the 1915-1930 range, and there is a lot of short pressure. But it should be strong in the short term. Since gold has bottomed out, it means that gold will further rise in the future. You need to pay attention to 1952 above. You still have to be careful about the risk of falling back here. If you can successfully break through this pressure level, then The upper space has been opened, so once the price breaks through 1952 as the main resistance, it means that bulls will have unimpeded access in the future. Gold has stopped falling and has turned bullish, so this week gold is mainly on a correction low and long. Today we focus on the vicinity of 1930. If the 1930 position is successfully broken, it will continue to see the 1935 position. ​Gold operating strategy: BUY:1920-1923 SL:1916 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 19/9 Today’s Trading StrategyIn early Asian trading on Tuesday, the U.S. dollar index almost fell below 105, ending nine consecutive days of gains ahead of the Federal Reserve's FOMC decision. Gold rose to $1,934 as the market awaited key central bank decisions this week. Many central banks, including the Federal Reserve, the Bank of England and the Bank of Japan, will announce the results of their interest rate discussions. The combination of factors such as the resilience of the U.S. job market, controlled CPI inflation, and accelerating economic growth suggest that Fed officials may anticipate a soft landing for the economy in their upcoming forecasts. However, what cannot be ignored is that expectations for another interest rate hike still exist. Yesterday, the overall technical aspect of gold relied on the 1922 mark to continue the upward trend of bullish shocks and breakthroughs. The Asian market opened and stabilized at the 1922 mark, and then ushered in the strong pull of the bulls to rise higher. In the afternoon, it slightly surged above the 1930 mark and fell back under pressure. The US market fluctuated repeatedly in the evening. The sideways trading above the 1922 mark once again ushered in the trend of bulls breaking high, and finally closed above 1930. The gold price ushered in a strong bull rebound for two consecutive trading days. In the short term, the bulls' strong rhythm continued unchanged, and gold continued to rise again. After a narrow range of fluctuations, it broke through 1930 in the early morning, reaching a maximum of 1934.6, and closed with a positive line. Judging from the current market, three consecutive positive lines on the daily chart basically set the bottom shape, and at the same time, the daily chart A wave was supported by the lower line and then went up. From the 1-hour chart, the stochastic indicator's golden cross is upward, and there is no dead cross for the time being. The market is resisting the decline. The high point is still not out, which is a bullish signal. The support position for top-bottom transition is near 1930, and the lower support is The position is near 1922, and the upper pressure position is near 1935. From the market point of view, the gold price has ushered in a strong bullish rebound for two consecutive trading days. In the short term, the strong bullish rhythm continues to remain unchanged, but there is definitely a callback, and it is not expected to be strong. Then for short-term trading within the day, Jiesse recommends just going long with the trend. ​​Gold operating strategy: SELL:1940-1943 SL:1948 TP1:1935 TP2:1930 BUY:1926-1929 SL:1921 TP1:1934 TP2:1939 Technical analysis, for reference only.
OANDA:XAUUSD
by ActuaryJ
Gold (XAUUSD) 4H OUTLOOKSo, as stated before, gold has been moving in a channel until the peak and falls and broken the uptrend. Currently gold is in a consolation structure, our best option is to sell at resistance and take our profits in the consolidation demand zone, the best selling zones are At $1984.0 only if the price reach this area of value from the current price level without breaking the consolidation "Demand" and other sell comes if the price probably falls below $1896.0 or after the possible retracement, our priority is to capture the best sales at consolidation resistance or better, after the breakout and retest. 📊 SET UP GOLD - PRICE 🛃BUY GOLD AT $1916.40 🟢TP $1977 🔴SL $1907 🚼SELL GOLD AT $1883.0 🟢TP $1900 🔴SL $1993
FOREXCOM:XAUUSDLong
by FKW-Millions
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
Gold xauusd Intraday Signal 18-09-23R3 LRS 1937 (SMC Supply Area) R2 MRS 1930 R1 HRS 1923 S1 HRB 1923 S2 MRB 1915 S3 LRB 1907 (SMC Demand Area) SELL> 1930 - 1937 BUY> 1919 - 1912 FOLLOW UP D1 On support Sma200 / 1921.76 W1 On support Sma44 / 1910.90 MN 38.2% / 1903 Macro Fibo at strong Support OBSERVATIONS: Coming week is full of news data so the price action is going to be some what choppy. Consequently trend has made a bend and Sma44 is moving towards Sma200 from low to high. If these two SMAs meet between 50% 1915 and 38.2% 1919 provided price tests them in this range, a very good chance of buy opportunity is there. This is “ Boom!”. Subsequently as news can volatile the market, we can plan our trades according to Smart Money Concept and wait for the supply area 1937 and demand area of 1907. The trend in H1 is bending, so it is no more our friend.
FXOPEN:XAUUSD
by wajidalikhan2123
XAUUSD: Wait for the rebound and continue to sell at high levelsThere is a lot of content today, but it will definitely be helpful to everyone. Read it carefully. Last night's CPI data did not fluctuate much. Although it was negative, the market fluctuations only dipped quickly and then rose, digesting the stimulation of the news. The market fluctuations were just a smile! At present, the price is still in a state of shock, stably operating under the suppression of the trend line. The short sellers are still in an advantageous position and will continue to fall after the shock. We are waiting for the rebound to continue selling! Width determines depth. There is only one trend in the market that can be swallowed up in an instant, and that is a sudden break after a long period of repeated fluctuations, and the price will keep moving forward like a wild horse! From the perspective of quantitative market sentiment, a sudden rise is opposite to a sudden fall. For example, last night it fell below the previous low support of 1907 and then quickly recovered. This is a relatively typical representative. Shocks correspond to unilateral movements. I believe everyone is familiar with this! For example, in the early period, the 1915-1930 range repeatedly fluctuated and then came out of a new space! Then this shock will inevitably determine a new direction, and this direction is the short direction. I have made it very clear, you have the final say whether to follow or not! In recent days, after the price fell below the support of 1917, I have been emphasizing the need to go short and make profits many times. A small inducement will lead to buying the bottom, and I will only increase the position and go short again! I believe everyone knows the reason why the short order was placed at 1914-1915 yesterday! Some things don’t need to be explained. Those who know how to follow them will have the wisdom to follow them and not fall behind! During the day, we will focus on the short-term pressure of 1914-1916. Sell if the rebound is in place. The lower support will focus on last night's lows of 1905 and 1900. This is also our first target for shorts!
OANDA:XAUUSDShort
by Nick_John
XAUUSD: Waiting for another Sell opportunityGold is running within a narrow range, which is no different from its recent trend! It’s all ink on the Asian and European markets, and the US market explodes! The current trend is still falling. There is no problem with this. In terms of operation, continue to short, relying on the pressure of yesterday's rebound high of 1914-1915 to be bearish! Today's trend is to fall first, rebound and then go sideways, but there is no pressure to break through 1915 at the highest! Because it can be seen from the hourly chart that the strength after breaking yesterday was very strong, which was the beginning of a new downward band, corresponding to the previous downward band of 1953! It has just started to fall now, and the shock rebound after breaking the position is insufficient, indicating that the bulls are unable to resist! The band of this decline is the daily level Bollinger lower track support position, which is within the 1890-80 area! So the summary is 1914-1915Sell, target 1900, 1890, 1880
OANDA:XAUUSDShort
by Nick_John
6
XAUUSD:13/9 Today’s Trading StrategyYesterday, the gold market opened around 1922 in early trading. Afterwards, the market rose slightly to 1924.5. Afterwards, the market fluctuated strongly and fell back below the 1915 support mark. After that, the market reached as low as 1907.64. Afterwards, the market consolidated and the daily line finally closed at 1913.5. Wednesday: Gold rebounded at the opening, but the strength is expected to be limited. The U.S. dollar index extended the overnight retracement pressure and fell in early trading, which did not have a significant effect on gold. The 10-year U.S. bond yield is expected to remain strong in the short term, which limits the demand for gold price recovery. In the daily K-line chart, the stochastic indicator continues to die cross downward, which indicates the main bearish signal. As long as the dead cross is still there, it will continue to run bearishly downward according to the dead cross; the pressure position of the central axis is the position of the top-bottom transition. It is around 1915; therefore, the main focus is on the position of 1915 during the day; rebounding from around 1907 to around 1915, stabilizing and regaining the position of 1915, then the bulls still have some hope, otherwise the shorts will just control the market and run bearishly downward; the 4-hour chart structure There was a two-wave small step shock and decline. It had been under pressure twice in a row at 1930. It broke through the low again and formed a two-wave continuation. The current second high of 1930 is the critical point for shorts to fall back, and the fall will continue in the short term. After the sideways consolidation at the beginning of the week, gold successfully broke through the lower support line of 1915. In the next trend, we will take advantage of the trend to see a new round of downward structure after breaking through. Therefore, for the operation in the market outlook, we should still focus on selling high. It should be noted that , support turns into resistance, and the temporary support below sees the 1900 integer mark. ​​Gold operating strategy: SELL:1915-1918 SL:1923 TP1:1911 TP2:1907 BUY:1900-1903 SL:1896 TP1:1909 TP2:1914
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD: 8/9 Today’s Trading StrategySpot gold rose slightly on Friday and is currently around 1926. After the ISM non-manufacturing index on Wednesday showed that the service industry is still strong, the number of initial jobless claims released on Thursday hit a six-month low, which also showed that the labor market is still resilient, once again strengthening the market's tightening expectations for the Federal Reserve, and the U.S. dollar index remains strong. . Yesterday's fundamentals showed that the number of initial jobless claims in the United States in the week to September 2nd was 216,000, lower than the expected 234,000, and a new low since the week of February 11, 2023. In line with the recent strong US data, the US dollar index has been supported, and gold, silver and non-US prices have fallen. Today's fundamentals mainly focus on the monthly US wholesale sales rate in July. Looking at the 1-hour trend, gold has been on a downward trend, and its rebound has been suppressed by the downward trend line! Still a bearish downtrend! However, there has been a divergence in the strength of the decline, indicating that the strength of the decline has been exhausted and there is the possibility of a rebound! However, the upward pull of the U.S. dollar seems to be very strong, suppressing the probability of the gold price falling below this range, suppressing the gold price to fall back, and choosing a direction in the short-term consolidation. The gold daily K-line has fallen for 4 days, and the price has fallen continuously to 1915 recently. The market is gradually approaching the daily mid-term support, and the decline speed is slowing down. Since the 1914-1910 range is the long-short conversion range in the previous market, we can regard it as a short-term support range. That is to say, as long as the bulls trade sideways at 1910, it will still It can rise at any time, so since it does not fall, there is no need to go short. Gold opened at 1919.49 US dollars in early trading. After the opening, there was a shock and rise. The current highest point is near 1927. At $1915, a positive closing line appeared, and there was a stop-fall resistance. The weak market of gold prices in the market outlook is expected to change, and it will further return to the weekly level. Therefore, in terms of operation, Jieese suggests that the main idea is to do long at low positions, and focus on the 1918-1920 position below. ​​​​Gold operation strategy: BUY:1919-1922 SL:1914 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: Gold rebounded in place, 1930SellMy view on gold today is that it will rise first and then fall, so I am waiting for a rebound to 1930. I am selling here. The trend is now completely in line with my expectations. According to the plan, the rise has been realized, and then it will fall. Now the gold 4-hour level K-line is in a range-bound market during its decline. Once it falls below the range, it is very likely to reach a new low after adjustment, so 1930Sell is very correct.
OANDA:XAUUSDShort
by Nick_John
4
GOLD pulling back to 1914 Price is on a journey to 1985 but at this point I believe it is going to pullback to 1914 because the upward movement from 1885 to 1953 was a steep and fast one. Price has shown weakness on the daily tf and I believe the long awaited pullback is here Reasons to Sell 1. Price has shown clear rejections on the 4hrs supply zone and daily 2. We saw a strong selling pressure last Friday when USD gained strength with the help of NFP 3. Price got rejected at the 61.8% of the Fib retracement on the daily TF which marks a strong reversal level First TP level was hit on Friday @ 1935, and we got a rejection back to 1940, so I would advise looking out for selling opportunities towards 1925 and finally 1914 RIsk Management is advised I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
OANDA:XAUUSDShort
by owlswift_fx
XAUUSD: Basic analysis!During the early hours of Tuesday's Asian session, XAU/USD is attempting to continue its upward momentum, hovering around 1,921. The pair is being supported by a weakening US Dollar (USD), which has experienced a pullback. However, the gains of the precious metal are being limited by the positive performance of US Treasury yields. The US Dollar Index (DXY) is currently struggling to rebound from losses and is trading lower at around 104.60. This can be attributed to the strong performance of United States (US) bond yields. At present, the yield on the 10-year US Treasury bond stands at 4.30%.
OANDA:XAUUSDLong
by Sphyn-Trader
2
Today we focus on 1933~1937 to 1915~1917Gold layout analysis: The strong performance of U.S. economic data released last week supported the dollar's strength again. On Tuesday, Fed Governor Waller spoke, believing that policymakers can raise interest rates cautiously. The U.S. ISM non-manufacturing industry recorded 54.5 in August, released on Wednesday. Better than market expectations of 52.5, this increased expectations for the Federal Reserve to raise interest rates in November, pushing the dollar to continue to rise and suppressing gold prices. ​ Gold is currently relying on the support of 1915 to ease its decline, and it has also shown signs of bottoming in the short term. However, it hit the 1930 mark and fell again, which did not change the bearish trend of peaking at 1950. The daily line is in the peaking and falling stage, the MA5-MA10 moving average maintains the trend of a dead cross, and the MACD green column can start to increase the volume; the weekly line is also in a concussive downward pattern, the pressured Bollinger middle rail continues to fall, and the three Bollinger Bands rails open downward at the same time. The decline is expected to continue lower. The focus now is to focus on the key watershed of 1915. Once it clearly falls below, the downside risk will further intensify and it is expected to test near the 1900 mark. For a rebound, just focus on the pressure near 1926. ​ ​Focus on the position of gold: shorting near the 1933~1937 position, stop loss 6~7 US dollars, target 1917-1915
OANDA:XAUUSD
by Short-termTaurus