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Goldtrend

Gold fluctuates upward, buy in 2024The price of gold was affected by the key pressure level of 2031 last night, and formed a downward trend in the short term. However, the downward trend does not mean the end of the long positions. The short-term trend technically shows a trend of long positions. The gold price maintains running above the support of the bottom moving average, and you can wait for the 2024 long orders. Admission At present, the technical trend of the market is very obvious. It touched 2031 last night and started to fall back. It reached the lowest turning point support level in the early stage of 2023 without any hesitation, directly forming two consecutive positive rises. With the current market sentiment and current market preference, 2031 will definitely break through within the day. Turning into a new long range, you just need to hold the long orders with confidence! Specific strategy: buy gold in 2024, target 2034 Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
1
Causes of Gold's rise and its down cycleWorld gold prices increased in the context of a British cargo ship being attacked in Yemeni waters. Since then, financial investors are concerned about escalating geopolitical tensions, which has prompted them to put capital into gold to preserve capital. On the other hand, the market expects gold trading to be vibrant when the top consumer country, China, resumes commercial activities after the Lunar New Year holiday. Meanwhile, the USD is affected by growing speculation that the Federal Reserve (Fed) will keep interest rates high for longer. Therefore, gold's upside potential could be created from a decline in USD prices, if Fed officials are soft in cutting interest rates.
OANDA:XAUUSDShort
by FalCol_TradingMaster
FOMC factor determines the upcoming trend of Gold⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Trading in the US resumed on Tuesday following the Presidents' Day holiday on Monday. The yield of the 10-year US Treasury bond decreased by four basis points to 4.256%, indicating a slight decline. Surprisingly, despite concerns about the US Federal Reserve (Fed), investors remain cautious as data from the Chicago Board of Trade (CBOT) predicts a smaller rate cut of 102 basis points in 2024, compared to the previous estimate of 180 bps in mid-January. However, the US dollar (USD) is currently stagnant due to the absence of economic data on the US agenda. Traders are eagerly awaiting the release of the minutes from the latest Federal Open Market Committee (FOMC) meeting. ⭐️ Personal comments NOVA: Gold's recovery still shows the market's optimism in the precious metal at present. Gold price is close to the $2030 resistance zone and shows quite a large buying force. Today's FOMC meeting information will determine the upcoming short-term trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2010 - $2012 SL $2005 TP1: $2018 TP2: $2025 TP3: $2032 🔥SELL GOLD zone: $2038 - $2040 SL $2045 TP1: $2030 TP2: $2020 TP3: $2010 ⭐️ 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
11
GOLD-Today's strategy The market has not been stable recently. As further chaos in the Middle East has increased geopolitical uncertainty, gold remains an important safe-haven asset, which has also driven gold's recent rise. The market is focusing on whether the Federal Reserve is expected to cut interest rates in March or June this year. The U.S. economic schedule this week will include the release of the latest Federal Reserve Monetary Policy (FOMC) meeting minutes and the speeches of Federal Reserve officials starting on Wednesday. Today we need to pay attention to whether gold can break through 2033. If gold breaks through 2033, it will continue to rise. Below we need to pay attention to the support near 2015. Because of today’s meeting, the trend of gold may be unstable, so everyone needs to pay attention. Strategy 1: Xauusd:sell2030-2033 TP:2026-2023 SL:2036 Strategy 2: Xauusd:buy2012-2015 TP:2020-2025 Strategy 3: Xauusd:buy2005-2008 TP:2015-2020 I have the above three strategies for your reference. You can choose the strategy that suits you according to your funds. Every day I will share my strategies and analysis, join me and learn how to trade
FX:XAUUSD
by UnknownUnicorn66789012
XAUUSD: Focus on 2037, 21/2 Analysis and StrategyGold technical analysis Daily resistance 2037-40, lower support 2000-1966 Four-hour resistance 2033-37, lower support 2020 Gold operation suggestions: From a four-hour perspective, we will first focus on the 2020 first-line short-term support today. If the four-hour chart does not break, we can try to go long here. Pay attention to the suppression of 2033 above, and the daily level is 2037-2040. Try to operate in a range before the Fed meeting minutes. Be careful to avoid news release time when trading. Shorts still have the advantage below the daily long-short watershed of 2037. SELL:near 2041 SELL:near 2037 SELL:near 2030 BUY:near 2011
OANDA:XAUUSD
by ActuaryJ
GOLD H1 / Potential Short Trade / Valid Entry in Supply Area❗️💲Hello Traders! This is my idea related to Gold. My previous forecast hit the target of 5R, now I expect a retracement, to the FVG and I will look for a confirmation in the supply area. The structure is still bearish, and my bias is for short entries. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ____________________________________ Follow, like, and comment to see my content: www.tradingview.com
TVC:GOLDShort
by GoodTradeST
Gold price is still in recovery and sideways⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has continued to rise for three consecutive days after recent economic data from the United States showed that inflation is still higher than the target set by the US Federal Reserve. Both the Consumer Price Index (CPI) and the Producer Price Index (PPI) for January exceeded expectations, surprising traders and reducing the likelihood of a rate cut by the Fed in March and May. This led to an increase in the value of the US dollar (USD), which has been on the defensive since last Tuesday. The XAU/USD pair is currently trading at $2016.30. In response to the latest inflation reports, traders turned to gold as a means of protection. Furthermore, the decrease in yields on US Treasury bonds, specifically the 10-year note which reached a year-to-date high of 4.332%, dropped by four basis points to 4.293%. As a result, real yields, which have a negative correlation with gold prices, decreased from around 2.04% on Wednesday to 1.950%, as indicated by the yield on the US 10-year Treasury Inflation-Protected Securities (TIPS). ⭐️ Personal comments NOVA: Gold price is in a recovery phase after a sharp DECREASE back to the area below $1990. Currently on the sidelines and waiting for information from the FOMC meeting on Wednesday ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2006 - $2008 SL $2000 TP1: $2012 TP2: $2017 TP3: $2022 🔥SELL GOLD zone: $2029 - $2031 SL $2036 TP1: $2022 TP2: $2017 TP3: $2008 ⭐️ 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
15
Gold awaits pullback to 2008 buyI won’t go into too much nonsense here, because taking profit is the most important thing! At present, the one-hour medium-term gold trend is showing a bottom-out trend, and the short-term trend is a small unilateral upward trend. The bottom moving average golden cross support is at 2008. The previous long-short watershed line of 2011 has been broken through, and now it has become a key support level. During the day operation, wait for the retracement of the 2008-2010 area and start buying! The short-term upper target is optimistic about breaking through the 2031 line! As long as the price of gold does not fall below the 2000 mark supported by the lower trend line during the day, the short-term trend remains unchanged, and the operation is in compliance with the trend, and profits will naturally be easy! Specific strategy: Buy gold in 2008-2010, target 2031 Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
Gold Buys OpenWhat's up folks, Currently in a buy on gold Let me explain These are my confirmations\questions > Question 1 - Is gold in momentum (bullish or bearish)? Yes, gold is in bullish Momentum currently Question 2 - Who is interested (at this time)? Buyers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right below the highlighted levels (orange line) Question 4 - Have those stop losses been taken out? Yes I believe Stop losses have been taken out already Question 5 - Does the set up make sense to me to pursue? Yes I believe it makes sense for me to pursue this trade given the information I have Thus far the trade had given me about a 1:1.91 RRR but it came back to my entry, I believe however it is likely to continue, so I think I will hold it I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader Downvote if you didn't read this post and didn't try to understand OR Upvote if you did read this post and did try to understand P.S I was in a trade on EJ on Friday and that took me out (Minus 10 pips) - this is just for transparency sake
OANDA:XAUUSDLong
by Brandon_evo4
XAUUSD: 20/2 Today’s analysis and strategygold technical aspect Daily level resistance 2029-2037, support below 2000-1966 Four-hour resistance 2020-2031, support below 2011 ✅Gold operation suggestions: From the four-hour analysis, today's lower support is still focused on the vicinity of 2011, and the upper pressure is in the 2020-2025 area. The daily level long and short dividing line is 2037. The daily level is still in a short trend before it breaks through and stands above 2037. SELL:near 2037 SELL:near 2030 SELL:near 2023 BUY:near 2011 Technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
World gold price continues to decline sharply, long-term sellingWorld gold prices increased with spot gold increasing by 2.1 USD to 2,017.4 USD/ounce. Gold futures last traded at 2,029.4 USD/ounce, up 5.3 USD compared to yesterday morning. Gold continues to recover from last week's sell-off after testing support at $2,000 an ounce. Although gold is starting the trading week with modest gains, some analysts say it will remain stuck in a range with support at $2,000 an ounce and resistance around $2,050. ounce. Last week, both consumer and producer prices rose more than expected, putting pressure on gold. The published report shows that the threat of inflation is still persistent. Although gold is stuck, some analysts still emphasize the importance of this precious metal. According to market analyst James Hyerczyk of Fxempire.com, precious metals are still an important safe haven asset when developments in the Middle East are increasing geopolitical instability. He attributed gold's recent recovery to a weakening dollar and fears of rising tensions in the Middle East, which have helped boost gold's status as a haven asset. Safety is preferred. Some other opinions believe that the possibility that the US Federal Reserve will loosen policy this year is also a supporting factor for gold and this precious metal to break out when the first round of policy easing takes place. .
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD I Daily outlook and forecast I Stay patient for best levelsWelcome back! Let me know your thoughts in the comments! ** GOLD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
FOREXCOM:XAUUSDShort
by BKTradingAcademy
4
Still recovering momentum from Gold !! ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) remains above $2,000 during the early Asian session on Monday. Economic data from the US indicates that inflation is higher than expected, leading financial markets to revise their expectations about the Federal Reserve (Fed) cutting interest rates in June. Currently, the gold price is trading at $2,014, reflecting a 0.12% gain for the day. In January, the Producer Price Index (PPI) for final demand increased by 0.3% compared to a 0.1% decline in December. This marks the largest increase since August 2023. On a yearly basis, the PPI figure rose by 0.9% compared to a 1.0% increase in the previous reading. In contrast, US Housing Starts experienced a significant decline of -14.8% from 1.562M to 1.331M, while Building Permits slumped by -1.5%. ⭐️ Personal comments NOVA: Still recovering, increasing price from Gold, approaching $2020 area, expecting the next DOWN trend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $1985 - $1987 SL $1980 TP1: $1992 TP2: $2000 TP3: $2010 Pay attention to the $2010 support zone 🔥SELL GOLD zone: $2028 - $2030 SL $2035 TP1: $2020 TP2: $2010 TP3: $2000 ⭐️ 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
7