Gold Analysis for upcoming weekAs you can see traders Gold has been in a bullish trend in the past weeks and months, you can see now that it has created a pattern that is called the ascending triangle which signals a Bullish market so now we have to wait for the price to break above the triangle zone then I can look for bullish trades.
Goldtrend
( What is your target gold price in FOMC)Hello traders what do you think about Gold)
Technical analysis forecast ✅📈📉📊
Gold price $$$) big bullish candle 1D chart 📉📈 buyers will back market pullback resistance level 2034 2037)
Last level of breakdown pullback short bearish moment US dollar 💵 Short 104.00 support level up trand gold pullback short 2010)📉📈⤵
(What moment bearish level)
📉📈📊⤵⤵
Gold price pullback reset taste resistance level 2034 + 2038 this channel downtrend test
pullback short 2010)📉📈📊⤵
Safe trade 👍🙏 pales like and comment's don't forget next analysis follow me 🙏❤
Gold Scalping Analysis scenario 1 : If the price break the area 1 its great opportunity to take long position after retest the area 1 .
scenario 2 : if the price fail to cross the area 1 up that mean we have great opportunity to short position up to area 1
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🏆 XAUUSD 🏆 ✅Two week high❤️MY FOREX TEAM❤️
INFORMATION
Gold price hangs near multi-day low, downside remains limited amid modest USD weakness.
💲BUY GOLD 2009-2013 💲
SL @ 2003
TP 1 @ 2016
TP 2 @ 2025
TP 3 @ 2030
TP 3 @ 2038
💲SELL GOLD 2035-2040 💲
SL @ 2045
TP 1 @ 2034
TP 2 @ 2025
TP 3 @ 2020
Everyone success..👍👍👍
❤️MY FOREX TEAM - Technical Analysis
Technical indicators SMA | EMA | MACD | SAR | VWAP | RSI | MARKET TREND | NEWS
❤️NOTE
Gold price retreats further from a nearly two-week high amid the Fed's hawkish outlook.
The risk-on mood also undermines the XAU/USD, though geopolitical risks limit losses.
A subdued USD price action also warrants caution before placing aggressive bearish bets.
❤️MONEY CAPITAL MANAGEMENT
⚡️ Only Trade With Risk Capital
⚡️ Cut Losses Short, Let Profits Run On
⚡️ Avoid Using Too Much Leverage
⚡️ Avoid Taking Too Much Heat
⚡️ Do Not Give in to Greed
⚡️ Take profit equal to 4-6% of your capital
⚡️ Stop lose equal to 2-3% of your capital
Sideway, weekend accumulation for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Meanwhile, yields on US Treasury bonds are increasing on the shorter end of the yield curve, indicating that investors are still doubtful about the possibility of the Federal Reserve reducing interest rates during either the March or May meetings. The most recent minutes from the Federal Open Market Committee (FOMC) emphasized that the US central bank is strongly committed to addressing inflation, despite the fact that there are more potential risks to the economy. Policymakers stressed that they would make decisions regarding monetary policy based on data analysis.
The FOMC Minutes revealed that Fed officials are still cautious about cutting rates prematurely. They stated that it would not be appropriate to lower interest rates until they have "greater confidence" that core inflation will consistently reach 2%. While policymakers acknowledged that the risks associated with achieving their mandates are becoming more balanced, they remain highly focused on inflationary risks, despite the downward economic risks.
⭐️ Personal comments NOVA:
At the end of the week, Gold price supports a sideways trend and accumulates for the next week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2012 - $2010 SL $2005
TP1: $2016
TP2: $2024
TP3: $2030
Pay attention to the sideway resistance and support areas: $2030 and $2020
🔥SELL GOLD zone: $2038 - $2040 SL $2045
TP1: $2034
TP2: $2028
TP3: $2020
⭐️ 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
GOLD-where is today support?? #GOLD... well guys market very well hold 2021.80 2 o 3 times, and in morning market break it placed your immediate support 2017 18 around,
that was your immediate support below 2021.80 as we discussed in our last couple of ideas and also in video,
so guys now market have downside next major important supporting area that is 2015 around.
keep close it guys because next ride will star from 2015
it will be your key level in today,
good luck
trade wisely
XAUUSD:23/2 Today’s 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 short-term support of 2010 today. If 2010 falls below, it may test 2000, and then continue to focus on the suppression of 2025 above. The daily level is 2037-2040. If the daily long-short boundary does not break through 2037, we will continue to be bearish. , continue to rely on this range to sell high and buy low during the day.
SELL:near 2025
SELL:near 2010
BUY:near 2000
XAUUSD GOLD - At this juncton, Gold...Stay vigilant for shifts in market sentiment and be ready to respond promptly. Keep an eye on the local reference point at 2027, which serves as a sell limit order level currently. This level will help assess the presence and strength of any new buyers entering the market.
GOLD-Pay attention to whether interest rates are cut
The position report of SPDR Gold Trust, the world's largest gold ETF, shows that the institution reduced its holdings by 2.01 tons again yesterday. This is also the twentieth time this year it has reduced its holdings.
Fed Governor Waller said in a speech that Fed policymakers should postpone interest rate cuts for at least a few more months to see whether the recent rise in inflation indicates a stagnation in the price stability process or is simply blocked.
In the near future, the market also needs to pay attention to whether the Federal Reserve can implement the decision to cut interest rates in March.
Yesterday gold broke through 2033, but it did not continue to rise. Every time it broke through, I would trade to follow the trend, but unfortunately, it hit SL yesterday, so I can judge that the resistance here is very strong.
Strategy 1:
Xauusd:sell2026-2029-2033
TP:2020-2016
SL:2036
Strategy 2:
Xauusd:buy2005-2008
TP:2013-2016
I have the above two strategies for your reference. Everyone’s trading methods will be different. As long as you control your positions reasonably, you will definitely be able to make profits in the market.
The area around 2015 is also a relatively important support. You also need to observe the strength of the support here.
Join me, I will share my ideas and strategies every day, so that you can learn how to trade yourself
GOLD's strict trading strategyGold prices will still find support even as risk assets, such as stocks, rise. In addition, Goldman Sachs has forecast that gold prices will continue to rise this week after the FMOC meeting margin is announced.
If the upward momentum of XAU/USD continues today, it will mark six consecutive rising sessions for gold prices. Currently gold is trading around $2,035/ounce with the nearest resistance at $2,035-$2,037. In addition, gold price is still in a price channel extending from $1,982.34 to $2,078.62.
XAUUSD:22/2 Focus on the 2020~2040 rangegold technical aspect
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 short-term support of 2020 today. If it does not break here for four hours, we can go long in the short term, and then continue to focus on the suppression of 2033 above. The daily level is the resistance of 2037-2040. If the NY market reaches it, we can participate in short positions.
SELL:near 2041
SELL:near 2037
SELL:near 2033
BUY:near 2020
Waiting for good news PMI for Gold⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold has remained largely the same following the release of the meeting minutes from the US Federal Reserve (Fed) in January. These minutes provided assurance to market participants that the Fed does not have immediate plans to reduce interest rates. Although this could be interpreted as a "hawkish" stance, US Treasury bond yields remained stable upon the release, while the value of the US dollar (USD) slightly decreased by 0.04%. Currently, the XAU/USD is trading within the range of $2020-30.
⭐️ Personal comments NOVA:
After yesterday's FOMC meeting, Gold prices still maintained the cumulative sideway trend, with not much change in concerns about inflation.
The war situation in the Middle East is still a factor helping Gold maintain above $2020
It is expected that today's PMI news will still help Gold have more motivation to increase in price
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2010 - $2012 SL $2005
TP1: $2018
TP2: $2024
TP3: $2031
🔥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
GOLD. is it buying turn? near to breakout?#GOLD.. well guys market very well hold your area 2021.80 and bounced back .
and as we dicussed in our vedio that market have uypside 2030.20 as major resistance area,
that is our supporting area now, if market hold it in that case further buying expected from here,
if not then downside risk is on table.
good luck
trade wisely
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
GOLD only one supporting area, hold or not?#GOLD. Very well holding of 2021.80 and bounced back.
It was our supporting area as we discussed in our perveious couple of ideas.
So guys again we have one n only supporting area 2021.80
Keep close that level because if market hold it then in that case you can expect upside move otherwise not.
Good luck
Trade wisely
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.
GOLD. at his supporting area? whats next?#GOLD.. market very well hold 2021.80 in morning and now again retraced from his resistance area 2032 around,
now we have 2 supporting areas first one is 2024.80 and 2nd is 2021.80
keep close that area because if market is in buying turn then it should hold these areas and region.
dont be lazy here it will be very tricky,
good luck
trade wisely
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
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
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