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Goldtrend

GOLD-Advice and Strategies Focus on data this week On Monday, the New York Fed’s 1-year inflation forecast for February On Tuesday, the U.S. February NFIB small business confidence index, CPI data, and OPEC released its monthly crude oil market report On Wednesday, U.S. EIA crude oil inventories for the week, IEA released monthly crude oil market report Thursday, US February retail sales monthly rate, US February PPI data On Friday, the U.S. New York Fed manufacturing index in March, import price index monthly rate, industrial output monthly rate, one-year inflation rate expectations U.S. job growth accelerated in February, but the unemployment rate rose and wage growth slowed. Non-agricultural employment increased by 275,000 in February, and the unemployment rate rose to 3.9% in February after remaining at 3.7% for three consecutive months. This is generally negative for the US dollar and bullish for gold, causing the US dollar to continue to fall, and gold to rise again to a new high. point. Gold's surge is due to three factors: geopolitical conflicts, the Federal Reserve's interest rate decision, and the increase in gold holdings by central banks. From the technical indicators of gold, we can see that the RSI is overbought from the weekly level to the hourly level, and the rising momentum of 1H and 4H MACD is attenuated. It can currently be seen that the important support range for gold is strongly supported at 2155-2165. I suggest that you can sell in the resistance range, or buy in the support range, reasonably control the position according to your own funds, and set SL. There is no important data released today, or you can wait for the trend to be obvious before trading with the trend. Join me, I will share my strategies every day for your reference to increase your trading success rate
FX:XAUUSD
by UnknownUnicorn66789012
Sideway waits for economic data this week ! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the US Dollar's recovery and providing support for gold. ⭐️ Personal comments NOVA: Gold price continues its upward trend to create a new peak, Monday trading session shows signs of sideway accumulation waiting for important data during the week, expecting corrections DOWN ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2157 - $2155 SL $2150 TP1: $2162 TP2: $2170 TP3: $2180 Maybe scalping BUY zone $2162 - $2164 🔥SELL GOLD zone: $2198 - $2200 SL $2205 TP1: $2190 TP2: $2180 TP3: $2170 ⭐️ 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
1
Gold trend analysis, easily make money for you Hello my friends! According to the current trend of gold, the price of gold has now risen to US$2,185. According to the current trend, the price of gold may rise and be blocked. Pay attention to the trend of gold prices at any time to make the right choice. I will share trading strategies and trading ideas every day. Listen to my signal and advocate seeking victory in stability and not making rash advances. For those who want to make easy profits, 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:XAUUSDShort
by Gold_Digger_King
Gold signal sharing for next Monday Gold has completed an astonishing continuous rise to new highs. Next week there will be CPI data, which may be a factor that promotes gold's continued rise. Next Monday, I don’t think gold will have major fluctuations. It will be mainly bullish and fall in the short term at 2185 and 2195. So I think Gold Monday is a shock trend It is recommended that you buy after the gold price corrects slightly at the opening. Try buying from 2165-2175, sell gold when it rises to the two suppression points of 2185 and 2195, and make a profit of 50-80pips. I will update my trading signals according to the trend of gold. Please join me and continue to receive my updates.
FX:XAUUSD
by George_Martin00
Xauusd confirm buy signal Gold News: Read the Latest Analysis on XAU/USD Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. Gold now buy 2178 Tp1 2184 TP2 2190 Tp1 2200 SL 2162
OANDA:XAUUSDShort
by JohnHarry_7
Gold is still strong at the moment, ready to buy againLast Friday, our buy signal at 2160 was a big success. Although it did not reach the target of 2200, it reached a maximum of 2195. The profit margin is very large. Today we are going to prepare to buy again. The price of gold opened higher on Monday in the short-term. The short-term increase indicates the willingness to rise. Currently, the price of gold is still at a historical high and has yet to form a substantial retracement. From the market point of view, the price of gold is still in a unilateral upward trend. If it retreats to You can continue to buy near the 2170 line! Technical analysis shows that the price of gold has risen unilaterally, the lows have continued to rise, and the highs have continued to set new historical highs. The golden cross of the moving average below continues to maintain, and the support is at the 2169 line. The current gold price is only one step away from the 2200 mark. , you can reach it within a few days with a little more effort! And we are also mentally prepared for gold prices to break through the 2200 mark! Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
Gold trend analysis, easily make money for you Hello friends! Entering the European market on Monday (March 11), spot gold consolidated at a high level after several consecutive days of sharp gains. It is currently waiting for the next trend near the record high. The market remains cautious before the key US CPI inflation report, etc. New clues for Fed rate cut. After rising for eight consecutive days, spot gold broke through record highs one after another. It once touched near 2195 last Friday and is currently consolidating at a high of around $2180. Gold prices hit a record high of $2,194.99 for a fourth straight day on Friday after data showed a cooling in the U.S. job market. According to the current gold trend, the gold price is currently fluctuating at $2,180. Short selling is still not a wise approach at this stage. As far as the current trend is concerned, the gold price may correct. Pay attention to the gold price trend at any time to make the right choice. I will share trading strategies and trading ideas every day. Listen to my signal and advocate seeking victory in stability and not making rash advances. For those who want to make easy profits, 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 may experience a correction in the short termDear friends, gold is currently consolidating near the 2078 position, and the highest price of gold last week has reached around the 2095 position. Can gold continue to rise and break through the 2095 position? Can we still go long gold in short-term trading? Judging from the gold trend, we can find that a long-short dividing point for gold in the short term is in the 2155-2150 area. So judging from the current graphics, I think it is still too early to say that gold is going to start a major correction. At the very least, we have to wait until the 2155-2150 area is broken downwards, then gold may start a correction trend downwards. As for whether the 2195 position is the current highest point, I think it is not sure yet, but judging from the current trend, there is a peaking signal. Judging from the current trend, gold may retreat to around 2160 in the short term. Therefore, in short-term trading, I will not continue to chase gold above 2180. Based on the current profit-loss ratio, I think it is obviously more appropriate to short gold above. So in terms of trading, I will focus on shorting gold in the short term. I share detailed trading ideas and trading strategies every day. While we enjoy the trading process, profit is king. Learn from traders who maintain a 95% winning rate, and you will be able to guarantee at least an 80% winning rate. 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.
OANDA:XAUUSDShort
by Trader_Manuel
Decoding Gold: Uncovering Weekly Key Supply & Demand Zones!Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Upside Momentum, While Failure to Respect Signals Downside Pressure Ahead. We have A Supply Zone. If The Price Breaks The Supply Zone, Take Entry While Retesting OR Pullback of The Move Otherwise If It Respects The Supply Area Then Look For The Short Entries! Please Note That The Only Purpose of The Information On This Page is Purely Educational. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement. Thank You.
PEPPERSTONE:XAUUSD
by SuccessStrikes
1
Gold trend analysis, easily make money for you Gold trend analysis, easily make money for you In early trading in the Asian market on Monday (March 11), spot gold fell back after rising to a high of $2,188.88 per ounce, approaching the all-time high of $2,195.07 set last week. It is now back around $2,180. Gold prices surged to a record high on Friday following U.S. non-farm payrolls data. On the 60-minute chart, gold prices continue to trade within an ascending channel. Gold prices surged to a record high after data showed a rise in U.S. unemployment, boosting expectations that the Federal Reserve may soon begin cutting interest rates. Data released by the U.S. Bureau of Labor Statistics on Friday showed that the U.S. non-farm payrolls increased by 275,000 in February, higher than the expected 200,000. However, the number of new non-farm payrolls in December last year was revised down from 333,000 to 290,000. people. The U.S. non-farm unemployment rate unexpectedly rose to 3.9% in February, a new high since January 2022, higher than market expectations of 3.7%, and the value before January was 3.7%. The average hourly wage in the United States increased by 4.3% year-on-year in February, in line with expectations of 4.3%. The wage growth rate in January was revised down from 4.5% to 4.4%; the average hourly wage growth in February fell to 0.1% month-on-month, which was lower than expected. 0.2%, the previous value was revised down from 0.6% to 0.5%. Spot gold closed up $19.38, or 0.9%, at $2,178.95 per ounce on Friday, with gold prices hitting an intraday high of $2,195.07 per ounce. As I said before, the probability of gold rising is very high. In addition, combined with the impact of U.S. dollar interest rate cuts and rising unemployment rates, the negative gold news from the non-agricultural data was revised, and the U.S. dollar showed a weak downward trend. Therefore, the current gold price will continue to rise strongly; Therefore, the short-term recommendation for gold is to go long on dips. It is still not recommended to go short and wait for the opportunity to go long at low levels. Recommendation: Go long around $2178 TP 2190 SL 2168 Listen to my signal and advocate seeking victory in stability and not making rash advances. If you want to make easy profits, please follow me Comments welcome!
OANDA:XAUUSD
by Gold_Digger_King
Gold trend analysis, easily make money for you March 9 News: Market expectations for the Federal Reserve's policy easing may be coming to an end. Expectations for the Federal Reserve's monetary policy to shift to easing are still dominant. The geopolitical situation is still tense. Global central banks continue to purchase gold. Adding to the possibility of the spread of the U.S. banking crisis, the impact on gold Form a mid- to long-term positive impact. Gold recommendation: Going long at low levels is still the core. It is still not recommended to go short and wait for the opportunity to go long at low levels. Recommendation: Go long around $2177 TP 2195 SL 2168 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome! have a nice weekend!
OANDA:XAUUSDLong
by Gold_Digger_King
GOLD-Advice and Strategies The U.S. initial jobless claims data performed poorly. The number of jobless claims was slightly higher than expected and the previous value, once again casting a shadow on the recent weak U.S. economy. The U.S. dollar index has weakened and set a recent low. Federal Reserve Chairman Powell has been The views of the testimony were also moderate, which also led to the market beginning to place more bets on interest rate cuts. Today, we will focus on the actual performance of the non-agricultural data in the evening. Gold has risen for 7 consecutive days. This trend is also rare in history. Judging from the current indicators, overbought signals have been formed at the 1-hour and 4-hour levels. The upward momentum has diminished, and there may be another high point. But the risk of buying now is already high First focus on the strong support point 2140, and then look at the trend support point 2122. In other words, if gold remains above 2140, it is an absolutely strong upward trend, and if it remains above 2122, it is also an upward trend. Today’s non-agricultural data should also pay attention to the support of these two points. If it falls below 2122, there may be a lot of room for adjustment. However, the current rising market environment has not changed, so medium and long-term sell orders cannot be traded. According to the data released today, unemployment benefits remain unchanged at the previous 3.7%. After seasonally adjusted non-agricultural employment, the previous value was 35.30,000. The market forecast is 200,000. It is expected to be negative for the US dollar and bullish for gold. The specifics will depend on the actual released data. My advice is to wait for the data to be released and trade with the trend, or wait for a clear sell signal before placing a sell order.
FX:XAUUSD
by UnknownUnicorn66789012
Can gold break through 2200 after the NFP data is released?Gold is fluctuating at a high level. At present, the price of gold is still firmly supported above the moving average. If it does not fall for a long time, it will definitely rise! The current price is 2160 and more orders can be entered directly, and we will continue to be optimistic about breaking the historical high during the day! Looking at the market, the current upper resistance level first refers to the high point of 2164, but the short-term pressure level above is quite small. I think the gold price will definitely break through this level again within the day, while the lower support faces the moving average support of 2156 and the previous inflection point support level of 2148. The price of gold will continue to maintain this volatile upward pattern before major changes occur. If you step back on the support level, be bold and go long!
OANDA:XAUUSDLong
by Golden-Strategy-Master
Expect an inevitable adjustment XAU / USD ✍️ NOVA hello everyone, Let's comment on gold price next week from 11/3 - 15/3/2024 🔥 World situation: The price of gold (XAU/USD) surged to a brand new record high above $2,180 during the early New York session on Friday. This was driven by a decrease in yields on 10-year US bonds, which fell to 4.04% after the release of the US NFP data. Market expectations for the Federal Reserve (Fed) to lower interest rates in the June policy meeting have increased due to a significant slowdown in wage growth and a higher Unemployment Rate. According to the United States Bureau of Labor Statistics (BLS), the Unemployment Rate rose to 3.9%, surpassing expectations. The previous reading was 3.7%. However, Nonfarm Payrolls (NFP) for February exceeded expectations at 275K, compared to a forecast of 200K. Nonetheless, it remained lower than the previous reading of 353K. 🔥 Identify: FOMO from the markets during the week was huge. Along with the US economic news, which is mostly beneficial for Gold, it pushes the price of Gold up and increases sharply This week, NOVA expects an inevitable DOWN correction for Gold 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2200, $2210, $2220 Support : $2132, $2110 🔥 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
1
Gold price trend analysis, easily make money for you On Friday (March 8), the price of gold hit a maximum of $2,193. Gold prices were on track for their biggest weekly gain in five months, boosted by hints from Federal Reserve Chairman Jerome Powell that he would cut interest rates. Spot prices surged more than 3.5% this week, indicating strong investor expectations for a rate cut. Gold prices are on the verge of their biggest weekly gain in five months and near record highs, buoyed by Powell's hints that a rate cut could come mid-year. This week alone, gold spot prices soared by more than 3.5%, marking the largest weekly increase since the conflict between Israel and Hamas escalated in mid-October 2023, and is expected to rise for a third consecutive week. Speculative trading has fueled the rise, but the underlying driver remains expectations of upcoming interest rate cuts, boosting gold's appeal. Meanwhile, the U.S. dollar is set for its biggest weekly drop this year, further increasing gold's appeal to investors holding other currencies. The current resistance level is $2193.25 and the support level is determined at $2174.34 Combined with the current gold trend: it is predicted that gold prices will continue to rise; Short-term recommendation: Go long around $2,175 TP 2190 SL 2165 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome!
OANDA:XAUUSDLong
by Gold_Digger_King
Fibs and Trend to Take Gold Higher . . . Target 2206Interlocking Hourly Fibs show why we just dropped as much as we did. We traded into a long with a price target of 2206.55 at 2168 during late Afternoon NY and rallied smartly off of it. . . . a 2nd test of our 2168 lows would be a gift to start the week. Hold that level there and 2206.55 becomes our immediate target. Lot of momentum for this to occur. Following this trendline takes us to the our objectives. And it's not much of a stretch as we have been following this trendline all last week.
OANDA:XAUUSDLong
by CeresTrader
2
XAUUSD Short Term OutlookHello guys! After this crazy week in gold, this is my idea on the current short term outlook. It seems to be forming some sort of bullish ascending triangle for the last few months. Each buying phase has accumulated about a 10% gain only to lose about 50% of this gain in a correction. This doesn't have to happen again but considering the size of the move in such a short time, it's possible to see some profit taking and some fresh selling next week, specially if we see a strong CPI. Bear in mind that Quad Witching season is approaching too and this could see a lot of profit taking on many assets, creating demand for USD. DXY looks like it could rebound slightly in the short term. If this happens, it will put some pressure on gold. This said, gold is super attractive now given the macroeconomic situation. This doesn't mean buying blindly at these levels but potentially layering positions in pullbacks. On the chart I played a ghost feed of a possible scenario to unfold on the pair. All the best!
FXOPEN:XAUUSD
by Cashdaflow
Today’s gold price analysis and guidance Today’s gold price analysis and guidance Yesterday, Jerome Powell testified before Congress that he expects to start cutting interest rates this year if inflation approaches the central bank's 2% target, paving the way for a fall in the dollar and a rise in gold. Today, the price of gold broke through 2163, and the support level is 2154.6. It is currently oscillating at $2156.5. Based on the news observation, gold will show a volatile upward trend in the short term during the day. have to be aware of is! If today's non-agricultural data is released, the value is too high or too low, which will greatly affect the gold price trend. Before that, I referred to the performance of ADP data, and based on the fact that the two are more than 80% in the same direction. The probability that today's non-agricultural data will be positive for gold is very high. At the same time, combined with the impact of the US dollar interest rate cut, the US dollar has a weak trend of rising. I am more certain of the possibility of the market going up. Combined with the current trend of gold prices, it is predicted that gold prices will show a slight upward trend in the short term; Recommendation: Buy around $2156 TP:2165 SL:2150 Seek victory in a stable manner, follow the signals, and do not make rash advances.
CAPITALCOM:GOLDLong
by Gold_Digger_King
2
GOLD ATH TAKEN - BEARISH TREND INCOMING!?This week's outlook on gold is intriguing given its recent high volatility and activity, reaching all-time highs. With liquidity now absorbed to the upside, I anticipate a shift in price direction towards the downside. This could signify the exhaustion of bullish momentum and the formation of a Wyckoff distribution pattern. In response, I'll be observing for a pullback, although there aren't any valid supply zones yet. Instead, I'll wait for price to retrace to a demand zone, providing an opportunity to buy back up towards a new supply zone. While my bias remains bullish for now, I'm prepared for a minor pullback before considering potential selling opportunities. Confluences for GOLD Sells are as follows: - Bullish pressure is getting exhausted and I anticipate a wyckoff distribution to occur soon. - ATH was taken which is a very strong point of liquidity which is enough to see a shift in trend. - Price has left lots of imbalances below in which price needs to fill. - There parabolic movement to the upside requires a pullback which hasn't yet occurred. - Lots of liquidity below like asian lows that need to get taken as well. P.S. Once price shifts its behavior on the higher time frame and breaks structure to the downside, I'll be more inclined to pursue selling opportunities and align my trades with the prevailing trend. However, for the time being, we should anticipate price consolidation and a gradual decrease in bullish momentum.
OANDA:XAUUSDShort
by Hassan_fx
3
Gold will continue to rise, follow me and make profits Analysis of gold price trends after the release of non-agricultural data On March 8, U.S. non-farm payroll employment in February exceeded expectations and wage growth slowed, further showing signs of healthy economic growth and slowing inflation. A report released by the U.S. Bureau of Labor Statistics on Friday showed that non-farm employment increased by 275,000 last month, while non-farm employment in the first two months was revised downward by a total of 167,000. But the unemployment rate rose to 3.9%. The U.S. dollar is falling due to rising unemployment, which will keep gold prices rising. As I said before, the probability of gold rising today is very high. In addition, combined with the impact of U.S. dollar interest rate cuts and rising unemployment rates, the negative gold news from the non-agricultural data was revised, and the U.S. dollar showed a weak downward trend. Therefore, the current gold price will continue to rise strongly; My advice: go long around $2180 TP:2190 SL:2170 Listen to my signal and advocate seeking victory in stability and not making rash advances. Comments welcome!
OANDA:XAUUSDLong
by Gold_Digger_King