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Goldtrend

GLOD ZONE BUY Gold News: Read the Latest Analysis on XAU/USDGold 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 price is seen oscillating in a narrow range during the Asian session on Monday and consolidating last week's strong gains to the $2,088-2,089 region, or its highest level since December 28. The US Dollar continues to be undermined by the disappointing release of the US ISM survey on Friday. GOLD NOW 2081 TP1 2085 TP2 2090 TP 3 21OO TP4 211O SL 2065
OANDA:XAUUSDShort
by Mark804
💡 GOLD: Forecast March 4Gold had an extremely strong price increase in the last session of the week. Buy signals were activated after the price broke the important confluence level of 2050, this break marked the end of the previous downtrend. Now that the initial target of the long position has been approached (around 2080), you should consider reducing risk by moving the SL and/or exiting the order partially. The 2080 area has been an extremely strong resistance level in the past, so it cannot be ruled out that sellers will return here and create downward corrections before the uptrend continues. If you don't have any buying position yet, you should wait for the opportunity after the corrections and avoid chasing prices at this time.
TVC:GOLDLong
by Stone_Haven
Trading strategy the beginning of the week,waiting for NonfarmWorld gold prices tend to decrease with spot gold down 2.1 USD compared to last week's closing level to 2,080.2 USD/ounce. Last week, the gold market entered a new trading week relatively quiet without catalysts. Prices were nearly flat until Thursday when a report showed consumer prices were lower than forecast. After a slow start Friday morning, the precious metal began to attract some follow-on buying momentum following the results of the University of Michigan's consumer sentiment survey and weaker-than-expected manufacturing data. April gold futures prices continuously increased and closed the week at 2,095.2 USD/ounce, up 2% compared to the previous week. This was the best weekly gain since November. Although gold had a spectacular breakthrough last week, experts are still cautious about this precious metal in the short term. Some opinions say that the gold market may be under profit-taking pressure this week and the price is likely to be pushed back to the range that gold has maintained in recent times. Besides, although recently released data shows that inflationary pressures are decreasing, according to experts, that is still not enough for the US Federal Reserve (Fed) to change its view on interest rates. . The data released this week is considered very important as it can change the newly rekindled market optimism. This week, the market will wait for the February non-farm payroll report. This employment data is considered very important by investors and can take away everything that gold had last week. . Forexlive.com expert Adam Button said that he only believes last week's price increase in gold is sustainable if the upcoming report shows that the job market is actually going down.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Possible trends for Gold Monday Quick analysis of today's gold price trend With gold's strong increase last week, this week I find it quite difficult to trade 🤣. Who knows, this week will be a week of strong price drops for gold?? (With the price of gold, nothing is impossible). So you should be careful, trade with moderate volume and set a stop loss. Currently, I see only one resistance zone: 2088-2090. If it breaks through this zone, the gold price will return to its old peak of 2100 and there will be almost no strong resistance zone left to stop the price increase of gold. However, Today is Monday I think the gold price may not run too strongly. So my scenario with today's gold price: Selling zone: (Trading with small volume) Asia-Europe Session: 2088-2090. Stop loss 2092. Buying area: Asia-Europe Session: 2074-2077 US session: 2065-2070 (The buying/selling area is for reference only, you are responsible for your own profit and loss) If you like my analysis, don’t forget to like and join me
FX:XAUUSDLong
by WilliamChloe
GOLD - Opportunity for a long position ✅Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here price started to form higher highs and higher low, so now I look for long position. I wait price to make a retracement to fill that huge imbalance and then to reject from trendline + support. Fundamental news: Upcomig week is NFP week, news with high impact on USD, so pay attention to the results on Friday to validate the analysis. Like, comment and subscribe to be in touch with my content!
OANDA:XAUUSDLong
by Snick3rSD
Navigating Gold's Impending Impulse Wave - Sell on Dips!This comprehensive Elliott Wave analysis delves into the intricacies of gold's recent movements, pinpointing a critical juncture for traders. Examining the chart from December onwards reveals a compelling narrative: gold appears poised to conclude its correction wave 2, heralding the imminent onset of an impulse wave. Targeting the 2100-2106 zone, this analysis suggests opportune moments for entry with a target set around the 1700 level. Short-term objectives around the 1943 mark offer additional trading opportunities. With meticulous chart analysis and strategic insights, this publication aims to equip traders with actionable intelligence in navigating the gold market's dynamics.
OANDA:XAUUSDShort
by Mandar_
GOLD BEARISH TREND IS ACTIVE HERE HELLO TRADERS GOLD had done a beautiful move as we analysis in our previous GOLD IDEA.... it attached in comments friends I can see the Gold is now tested a very strong resistance zone which is horizontal level it's a 3 test and can be a weaker supply zone now, but we take low risk and looking for higher rewards trades this can be a sniper entry because of NFP out coming this week on Friday can be a stronger number but who know .... only the technical based charts can indicate us that next move can be this is crystal clear chart indicating us that bears can hold the Trend till Design levels before a big move to upside on gold in 2024 Market Makers & Banks know how to liquidate and create the bull or bear Traps .... we always analysis with low Risk and higher Rewards this is just a trade idea Share Ur thought with us we appreciate Ur support and love. STAY TUNED!!! For more updates
TVC:GOLDShort
by APEX_TRADING_ACADMEY
1
Gold breaks out of the shock range, buy if it steps back to 2040Last night, with the support of initial jobless claims, the price of gold took advantage of the trend and broke through the triangle shock range and the previous high pressure level of 2041. The price of gold has found a new space for the bulls! The day-to-day operation idea is very simple, just go back to the key support level of 2041 and buy near it! Yesterday, our signal was to sell at the high level of the shock range. Considering that many major data will be released soon, we closed the profit in 2030 in advance. Now it seems that this decision is very correct, and the gold price has directly risen to 2050! And in the state of complete victory this week, after making huge profits one after another, I took advantage of the trend and turned to long today, but now I still need to wait for it to fall back a little before buying! Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
Gold Smashes through the recent highMaking use of a much wider stop loss due to the accelerated volatility I posted a few minds this morning this exact idea (that gold would buy> 1. (www.tradingview.com) 2. (www.tradingview.com) 3. (www.tradingview.com) Before someone says that I took the trade without explanation > here is your before and after ;) It is better to have a wider stop and still be in the trade as opposed to have a ridiculously tight stop and be stopped out every other time My confluences to take this trade were simple and are as follows: Question 1 - Was Gold in momentum (bullish or bearish)? Yes, Gold was in bullish Momentum at the time of me looking at it Question 2 - Who was interested (at that time)? Buyers were interested at that time (purple circles) Question 3 - Where were their stop losses? Stop losses would have been right below the highlighted levels (red horizontal line )(break out buyers) Question 4 - Have those stop losses been taken out? Yes I believe Stop losses would have been taken out already on Gold (Red X) Question 5 - Did the set up make sense for me to pursue? Yes I believe it made sense for me to pursue this trade given the information I had ________________________ Many traders seemed to be interested in sells this morning probably due to price being really high in time (I don't really know, nor can I understand why) Especially when price is so bullish, it's like you're seeing a bull running towards you and you deciding to try to charge directly towards it That is how I feel about selling in a bull move. My system may seem stupid but you have to admit it works. That being said, this isn't meant to gloat, it is meant to shine a light on what I think works in the hopes that other traders may realize things they might be doing wrong. Downvote\Don't boost if you didn't read this entire post and didn't try to understand OR Upvote\Boost if you did read this entire post and did try to understand P.s Being wrong isn't the probably, I am wrong a lot. Being wrong and remaining ignorant is why most traders will stay losing Have a great day
OANDA:XAUUSDLong
by Brandon_evo4
1
GOLD-analyze Data showed that the U.S. personal consumption expenditures (PEC) price index rose 0.3% in January and the core PCE price index rose 0.4%, putting pressure on the dollar and making gold cheaper for investors holding other currencies. Fed officials have chosen to downplay recent data showing a rebound in price pressures last month and instead focus on overall progress on inflation. They said overall progress in inflation would likely set the stage for a rate cut later this year. Another report showed that initial jobless claims increased by 13,000 in the week ended February 24, to a seasonally adjusted 215,000. Today’s key data focus: the final value of the Markit Manufacturing PMI in February in the United States, the final value of the University of Michigan Consumer Confidence Index in February, the ISM Manufacturing PMI in the United States in February, and the monthly rate of construction spending in the United States in January. The important resistance range above is 2052-2055, and the support range is 2032-2038 Today you can still wait for the support range to buy, or the resistance range to sell, and make reasonable arrangements according to the funds, so that you have a high chance of making a profit. Join me and I will share my opinions every day for your reference
FX:XAUUSD
by UnknownUnicorn66789012
XAUUSD: 1/3 Friday market analysis and strategyGold hit a one-month high of 2050 on Thursday and closed near 2044. U.S. inflation data was in line with expectations and the number of Americans filing for unemployment benefits increased slightly, providing upward momentum for international gold. Traders' attention turned to further comments from Federal Reserve officials for clues about a rate cut. The latest data were in line with expectations after recent strong inflation data, which showed the U.S. personal consumption expenditures (PEC) price index rose 0.3% in January and the core PCE price index rose 0.4%, putting pressure on the dollar. This makes gold cheaper for investors holding other currencies. At the same time, U.S. Treasury yields fell, increasing gold's appeal, and the market adjusted expectations for a June interest rate cut. Although gold has traditionally been considered an inflation hedge, higher interest rates to control price increases would discourage investment in gold because it does not pay interest. Gold technical analysis Daily resistance is 2053, lower support is 2015 Four-hour resistance 2053, lower support 2038-26 ✅Gold operation suggestions: Gold bulls ended the multi-day oscillation yesterday and finally ushered in its first breakthrough. After the bulls broke through 2040, they directly touched near 2050 and have been oscillating around 2040. From the current point of view, short-term gold price support focuses on the hourly neckline. It is near 2038. The upper pressure is focused on the vicinity of 2053. The short-term bullish strong dividing line has moved to 2038. The daily level has not broken through and stood above 2053. We cannot fully believe that the bulls will return. Let’s first look at the operation in the 2053-2038 range. Pay attention to the dividing line between long and short in 2038 SELL:near 2053 SELL:near 2038 BUY:near 2038 Technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
PMI !! Will Gold price adjust DOWN?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is holding steady around the $2,045 mark during the Asian session on Friday. It remains within close reach of a nearly one-month high reached the day before. The release of the US Personal Consumption Expenditures (PCE) Price Index on Thursday showed that annual inflation in January was the lowest in three years. This has raised the possibility of a future interest rate cut by the Federal Reserve (Fed). However, this has not helped the US Dollar (USD) to continue its strong recovery from the 200-day Simple Moving Average (SMA). Instead, it has become a key factor supporting the precious metal. Despite this, a number of influential members of the Federal Open Market Committee (FOMC) have indicated that the central bank is not in a rush to lower interest rates. Additionally, investors believe that the Fed will wait until the June policy meeting before making any changes to borrowing costs. As a result, this supports higher yields on US Treasury bonds and limits the upward movement of gold, which does not generate any yield. Furthermore, the prevailing bullish sentiment in global equity markets is also acting as a deterrent for traders to make new bullish bets on the safe-haven XAU/USD pair. ⭐️ Personal comments NOVA: Gold price continued to benefit from yesterday's US unemployment data. increase to $2050 Zone. Strong resistance zone, in Uptrend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2032 - $2034 SL $2028 TP1: $2040 TP2: $2045 TP3: $2051 🔥SELL GOLD zone: $2058 - $2060 SL $2065 TP1: $2052 TP2: $2046 TP3: $2040 ⭐️ 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
3
GOLD - where is next support? holding or not??#GOLD... well guys market smoothly bounced from your supporting area 2028 in yesterday, that was our first supporting area in upper band range and you can see how beautifully market hold it and bounced back.. so now market have 2 areas 2041 and 2051 that will play key role in today, keep close these areas and manage your positions accordingly keep in mind guys that 2041 is single supporting area in today and it will be expensive area.. good luck trade wisely
FX:XAUUSD
by AdilHussain731333
Gold is at the high of its shock range, choose Sell in 2037Yesterday, our signal won again. We bought from the price of 2026 and rose to 2038. The profit reached more than 100%. Friends who followed the transaction all made huge profits. From a technical point of view, the price of gold has reached a critical period. The highs are constantly lowering, the lows are also lowering, and it has recently formed a wedge shape! Gold price is the first to reach the upper pressure near 2036 and sell first! If there is a unilateral breakthrough in the near future, you need to stop losses immediately and follow the trend! Yesterday I said that the current market is at a high level and is oscillating. It needs to sell high and buy low within the range, and it is now at a high level within the range. So today I will no longer continue to be bullish, but sell at the current price. Specific operation details Customize it yourself. If you want to get my accurate signal, you can contact me below. Good luck to everyone.
OANDA:XAUUSDShort
by Golden-Strategy-Master
1