Gold real-time trading analysis
On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155.
Based on current gold trends, gold prices will continue to rise.
It is predicted that the price of gold will rise to around $2,160 and then fall.
Always pay attention to my signals to make the right choice from them.
It is recommended to go short in the short term: short around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Goldtrend
Still maintaining the trading rhythm of shorting goldDear friends, I reminded you last week that after multiple retracements, gold fell short of expectations during its rebound and was never able to break through the 2180 position. So once the bull momentum of gold fails, the short momentum may counterattack at any time,promoting a deep correction in gold.
At present, gold continues to fall. At present, gold has reached its lowest position near 2146, falling below the key position of 2150. Although gold has rebounded, it appears to be very weak during the rebound, and according to the current gold structure,after gold fell below 2150, the gold market still has room for adjustment.
So in terms of trading, I tend to short gold after gold rebounds, and the current short-term resistance of gold is in the 2160-2165 area.I share detailed trading ideas and trading strategies every day. While we enjoy the trading process, profit is king. I hope that with my help, we can all make continuous profits in the market! And you can follow the channel at the bottom of the article to get detailed trading signals, trading lots, and TP and SL.
Gold rebounds close to pressure level 2158, how to trade
Through the analysis of the golden hour chart, we know that gold first fell and then rose in the early trading, stopping the fall and rebounding at the 2146 line below.
The overall short force is a bit more dominant. In the short term, we will focus on the pressure level above and the effectiveness of the support below. Once the level is broken, the market will continue to accelerate. In the short term, we will continue to focus on short selling on rallies. The idea remains unchanged.
Trading strategy: You can go short near 2158
XAUUSD Are the bears back???Hello traders, taking a technical look on the precious metal that has of recent days seen some very strong push higher making an all time high at around 2195.235 .
After price made the above high we note price has been making a sequence of lower highs while holding the low at 2153.765 .
The above has in turn formed a bearish triangle that could see price fall toward previous low 2112.705 .
Key to note is that we do have some very busy week from a fundamental perspective with different central banks set to announce rates.
It will important to keep an eye out on the FOMC rate decision and also the mood by the members.
The markets are anticipating the Fed to hold the rates as they are and it is this point that it will be important to gauge if they fed hint at any rate cuts any time soon.
Gold rebounds slightly, still bearishGold rebounded from a slight decline during the day, and it can still be shorted after the rebound. Although the K-line of gold currently maintains a high level of shock in the daily trend, the price is showing signs of gradually moving out of the high-level shock range. The K-line has gradually begun to come under pressure from the short-term moving average. In the short-term trend, the technical form has begun to gradually weaken. signs. The 4-hour trend fell below the early linkage support and then a slight rebound just completed the technical form repair. At present, the short-term moving average continues to diverge downward, and the weak trend in the short-term trend has not changed for the time being.
I currently tend to short gold after a rebound.The current short-term resistance of gold has moved down to the 2165-2160 area.
Gold maintains downtrend, continues to sell on reboundAfter repeated shocks, the price of gold began to show a weak situation. The key support level of 2150 has been tested for the third time, while the high points above are constantly pressing downwards. The triangle shock situation is nearing the end! I believe it is not difficult to fall below 2150 within the day, so I think it can be sold directly now! The target is gradually looking towards 2140-2130!
Technical analysis shows that the recent trend of gold prices is mostly running below the moving average dead cross, showing a weak short-term pattern. At this stage, the moving average pressure is at the 2161 line, while the upper trend line pressure is at 2168. The upper side is facing dual pressure levels, and The bottom only faces the support of 2150, so the situation only needs a little stimulation to achieve a breakthrough!
Wait for gold to rebound and sell todayThe price of gold has fallen below the trend line and stabilized, and its trend has entered the stage of adjustment. However, it is unknown where the adjustment will be, but what is certain is that the rising momentum has temporarily come to an end, and the next operation will turn to high selling. The main idea is that when the gold price rebounds to around 2170, you can boldly sell!
Technical feedback shows that the current one-hour trend has fallen below the support of the moving average and trend line. The upper moving average dead cross pressure is at 2170. At the same time, the gold price has fallen below the Fibonacci 0.236 support level of 2155, which means further support. Will look towards the 2130 line, which is the 0.382 retracement! At present, there is still a large profit margin below, and grasping the rhythm of the market is the only way to keep up with the rhythm of making money!
Gold Trading Analysis·Trends
Spot gold fell below $2,150 per ounce for the first time since March 7, down 0.28% on the day.
Now the price of gold is under pressure from above around $2,147, showing a downward trend.
What needs to be noted is whether the price of gold can fall below the $2,140 line.
If it receives strong support below at $2,140, the price of gold will rebound. If it falls below the $2,140 line, you need to watch $2,130 below.
Therefore, I think a safer trade is to wait for the gold price to receive support from below, and then go long at a low price.
Recommendation: Go long when gold is around $2,140
TP: $2150
SL: $2130
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
To get back to Gold, we need a decline, entry sell todayGold futures price for delivery in April 2024 on the Comex New York floor decreased by 6 USD, equivalent to a decrease of 0.28%, to 2,161.5 USD/ounce.
Information from central banks will take center stage this week, with interest rate decisions due from the Bank of Japan and Reserve Bank of Australia on Monday, the US Federal Reserve on Wednesday, Bank of England and Swiss National Bank on Thursday.
Markets will also pay attention to housing starts and building permits in the United States on Tuesday, as well as weekly jobless claims, the Philly Fed manufacturing survey, Flash PMI and existing home sales on Thursday.
Given the pace of the breakout and the slowdown at $2200, it looks like gold needs a pullback, and with the Fed on Wednesday, it's reasonable to see some profit-taking beforehand. There are probably a lot of investors who have put in money late and want to take some profits now that the breakout has started to falter, especially with a major mover on the horizon.
March Already? Time for some more Golden consistencies I'm looking at OANDA:XAUUSD closes over. 2153.45 to pop to 2158
It may have strong enough volume for London Session but if not NewYork will take care of it and seal the deal.
If this downtrend continues we will look a OANDA:XAUUSD (Gold) closing under 2144.12 and heading further down, most likely to 2139.38
Keeping it real simple... Plus it's Sunday ;)
GOLD - at very expensive area? Hold or not?#GOLD - well guys market at his one of the most important area for current week and surprisingly on Monday opening.
And one more important thing is in current month is quarter closing, contract expiry, month closing as well.
Due to these 3 to 4 reason month closing will be very important and have some kind of volatility,
So be aware guys.
And use stop loss in every trade in next 10 days specially.
Keep close 2151 that is your key level one n only.
If market hold it, the. In that case buying expected again otherwise don't hold your buying positions below that level ...
Good luck
Trade wisely
GOLD H1 / Potential Small Retracement / Looking for a Long 💡Hello Traders!
This is My idea related to Gold H1. The bearish sentiment is still strong for short positions, that's why I will look for a long entry after I see a small retracement. I expect a confirmation of closing a FVG on a smaller timeframe.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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#XAUUSD Plan trading for Monday
#XAUUSD Plan trading for Monday
There will be no news tomorrow, so if there is no GAP, gold will stay sideways and continue to compress, waiting for FOMC news this week.
The yellow H1 frame is compressing with a decreasing top and unchanged bottom. Manage capital, always set stop loss until gold breaks then I will review, I expect gold to fall to 211x this week
Trading plan for Monday:
Buy Zone: 2144/2141 and 2034/2031
Sell Zone: 2166/2068 and 2179/2181 (if 2068 breaks, the trendline breaks down, wait for 2079)
The plan I give you is for your reference, remember to manage your capital ^^
GOLD START OF A BEARISH RUN!?This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions.
I'll exercise patience as I wait for price to test the lows and subsequently retest the supply zones. Once I receive confirmation on lower time frames, I'll consider initiating sell positions to potentially ride this emerging temporary trend in the coming weeks.
My confluences for GOLD sells are as follows:
- Gold has lots of imbalances below that need to be filled from previous rally.
- Lots of liquidity to the downside in the form of trend line and asian lows.
- Two nice supply zones left near current price that we can potentially sell from.
- In order for price to continue bullish price must retrace back down.
P.S. In the case of gold, there's abundant liquidity on both sides, particularly with numerous Asian highs yet to be taken out. It wouldn't be surprising if price consolidates until Wednesday, when we anticipate the FOMC to significantly impact market movements.
Have a great trading week everyone!
GOLD - Expect triangle breakout ✅Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.
Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.
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GOLD RETRACEMENTSHello fellow traders, Im back sharing good stuff in the near future we might see the TVC:GOLD would retrace this zone before the next leg UP 2300$ before it fall back again.
Gold after the price reach ATH and break it, I used to wait a 16% upside. THen retrace back below again, This idea is for buy only, Wait the zone 2093-2100 zone.
THis is not a financial advice either. FOllow for more Good stuff.
Thanks everyone who follows. Im updating some pairs, Im just overwhelmed on my last shared pairs, thats why im not making new ideas on those pairs, FX:GBPUSD and FX:EURUSD still on my watch. keep updated.
Gold market analysis
omic data this week led investors to lower their expectations for U.S. interest rate cuts, and pressure on precious metals continued to rise. Gold prices remained stable on Friday, recording their first decline in four weeks.
Spot gold closed down 0.30% at $2,155.70 per ounce. Gold prices fell more than 0.8% this week, marking their first weekly loss since mid-February, after hitting a record high of $2,194.99 last week.
The settlement price of COMEX April gold futures closed down 0.28% at $2,161.5 per ounce.
Data this week showed that U.S. consumer prices rose more than expected in February, and producer prices also showed a certain degree of inflationary stickiness.
Everett Millman, chief market analyst at Gainesville Coins, said, “Gold has already priced in a positive push from expectations of lower interest rates... If inflation starts to move higher again, that means policymakers will have to keep monetary policy tighter for longer. policy." "While gold doesn't particularly like a high interest rate environment, if the reason rates are staying so high is because of overheating inflation...that would naturally mean people will turn to gold again."
Higher-than-expected inflation continues to put pressure on the Federal Reserve to keep interest rates high, putting pressure on gold prices. The non-yielding precious metal is also used as a hedge against inflation.
Expectations of the timing of a rate cut by the Federal Reserve did not stop gold prices from rising. “The timing and pace of Fed rate cuts is a long-term driver for gold. Currently, the Fed needs to be more confident that inflation will return to 2% before it will consider cutting rates. We believe cuts will begin in July this year. The market is pricing in a move from 2024 Price cuts starting in the second half of the year. That is, the pullback in market expectations from March to June may limit price increases. The change of the U.S. ruling party will bring risks to future policies. Amid economic and geopolitical tensions, the stock market A record high. This may make investors more wary of downside risks than upside potential. Volatility is expected to increase as the U.S. election approaches. The risk-off scenario in equities will provide support for gold prices.”