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Goldtrend

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!
OANDA:XAUUSDLong
by Gold_Digger_King
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.
OANDA:XAUUSDShort
by FalCol_TradingMaster
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
FX:XAUUSD
by AdilHussain731333
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. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:GOLDLong
by GoodTradeST
#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 ^^
FX:XAUUSD
by George_Martin00
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!
OANDA:XAUUSDShort
by Hassan_fx
1
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. Like, comment and subscribe to be in touch with my content!
OANDA:XAUUSDShort
by Snick3rSD
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.
OANDA:XAUUSDLong
by D1GITALTRADES
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.”
TVC:GOLDLong
by Gold_Digger_King
Gold price rebounds to near the downtrend line, sell highThe price of gold fell yesterday and encountered the first-line support level of 2150. It rebounded in the short-term and rose, but the downward trend still did not break through. The short-term trend in one hour was bearish, and the upper pressure was around 2170. I am willing to sell within the day! Today the gold price will fall below the 2150 mark and head towards 2140 or even lower! In general, it is still in the downward stage of shock. When it rebounds to near the trend line, it can be sold. The target can first see yesterday's support at 2050. Good luck to everyone
OANDA:XAUUSDShort
by Golden-Strategy-Master
Real-time gold trading analysis Gold prices fell to $2,155 before bottoming out. At this time, the one-year inflation rate forecast for the United States in March was released in the United States. Predicted value 3.10% Published value 3% Preliminary value of the University of Michigan consumer confidence index in March Predicted value 76.9 Published value 76.5 The data is very bullish for gold. As I said, there is strong support below gold, so it is a very wise choice to go long at low prices. Now the gold price is supported below at $2,158, making it difficult to continue falling. It then turned to an upward trend, confirming my previous prediction. Therefore, I prefer to go long at the low price of 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!
OANDA:XAUUSDLong
by Gold_Digger_King
Friday of volatility! Gold adjusted DOWN⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) faced renewed selling pressure on Thursday and declined closer to the weekly low in response to the US Producer Price Index (PPI), which was higher than expected. This data indicated persistent inflation and dampened market expectations for early interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields rose, boosting the US Dollar (USD) and prompting investors to move away from gold, which does not generate interest. However, the markets still believe there is a higher likelihood that the US central bank will begin cutting interest rates in June. This, combined with a risk-off sentiment, helped attract some buyers for gold before it reached the $2,150 level, leading to a slight positive bias during the Asian session on Friday. Nevertheless, the XAU/USD remains within a familiar range as traders await more clarity regarding the Fed's stance on rate cuts before making any significant moves. Consequently, all eyes are on the upcoming FOMC meeting next week. ⭐️ Personal comments NOVA: Positive data for the dollar this week, caused Gold to correct DOWN. In line with the technical chart, Gold prices continue to decline ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2137 - $2135 SL $2130 TP1: $2145 TP2: $2152 TP3: $2160 🔥SELL GOLD zone: $2170 - $2172 SL $2176 TP1: $2164 TP2: $2155 TP3: $2146 🔥SELL GOLD zone: $2188 - $2190 SL $2195 TP1: $2180 TP2: $2170 TP3: $2160 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
6
Today's gold trading analysis The price of gold fell to around US$2,154 yesterday and was supported by the bottom, and then rose to around US$2,160, showing a volatile trend. Today, the price of gold is under pressure from above around $2,170, showing a volatile trend. It should be noted that the price of gold today is above US$2,170 and is above US$2,180. What you need to pay attention to is whether the gold price can break through when it reaches the $2,180 line. At the bottom, we need to pay attention to the position of $2153-2150. Therefore, I think a safer trade is to wait for the gold price to encounter resistance from above, then it would be a better choice to go short at a high price, or to go long at a low price. My suggestion is to go short between the high price of $2176-2179. If the price of gold falls to fluctuate around 2160, go long at a low price. 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!
OANDA:XAUUSD
by Gold_Digger_King
Gold 2169 continues to be short, let’s look at 2145 first Don’t be afraid of gold’s rebound. The rebound is for better short positions. Hold the 2180 line. We firmly watch the decline. The four-hour line is still close to the moving average. The high point is still lowering. The slope is obviously downward. At the same time, the moving average has obviously turned downward. We need to be patient and wait for the market to adjust. Let’s continue to look at the 2145 line. Trading strategy: short gold 2169, stop loss 2178, target 2100, 2145
TVC:GOLDShort
by Donald-king
Out look on gold. Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in either direction. However, there's a long-term bullish outlook on gold, with a personal inclination towards buying around 2152, targeting the flag trendline and underlying support. The initial take profit (TP) is set at 2174, with the necessity for a sustained break and stability above this level to indicate further upward momentum. Given the flag pattern's characteristics, it's speculated that gold's peak has yet to be reached.
TVC:GOLDLong
by samstoobad