🥇Gold🥇is Ready to Fall✅Gold finally managed to break the Support lines .
🔔I expect Gold to trend lower this week and be in the 🟢 Support zone($2,010_$2,004) 🟢.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Goldtrend
GOLD... breakout supporting area or not??#GOLD... market just placed his downside another supporting area that is 1991 around.
keep close that area as you can see his importance in history.
it will play key role for now with a trend line that will also very important guys,
don't be lazy here.
good luck
trade wisely
⤵️⤵️ ( Gold bearish momentum technical analysis) Technical analysis🟢
Hello traders what do you think about Gold
Traders are you looking 👀 gold this week moving down
2000+ 1990+ 1980 gold friday cpi News update selling zoon 2057 big down 👇 2027) this week same retest 2030 2040)
Fullback down 👇🟢
DXY INDEX ☝️ 105 .00 🟢
GOLD 4H : will rise up again ?? let see GOLD
New forecast
The price perfectly fulfills my last idea and price reached to our targets +200 pip.
The price of gold is fluctuating near the pivotal support for 2017, noting that the indicators are getting rid of its negative momentum to reach oversold areas, waiting to stimulate the price to resume the expected upward trend for the coming period, which targets the areas of 2031 and 2043 and extends to 2055 again as the next main stations.
Therefore the upward scenario will be more likely during coming period , Breaking 2031 level will enhance expectations of a rise after getting rid of the intraday negative pressure that has been controlling the price recently, taking into account that breaking 2007 will stop the upward trend and force the price to make a further downward correction.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
CPI Setup GOLD | Safe Zone CPI Setup GOLD | Safe Zone H1 Timeframe
Current point 2027.50
- This Setup is not based on Sell or buy
- According to last CPI Gold firstly moves 100+ pips in buy and then lay down
- After Structuring the data we expected 100 pips buy then gold will fall
- We set the safe zone if and if gold break the 2041 area then next move would be 2047
furthermore on the major support level if gold retest to break the 2012-2011-2010 next target
would be 2000.00
- At a same time CPI , CORE INFLATION RATE , YOY AND MOM all are highly impact news
- use proper lot size and risk management to secure profit because patience is a major key
This Analysis is uploaded at 13/02/2024
Cheers ..
GOLD. at his do or die levels, very aggressive #GOLD.. so guys market very well hold upside our area that was 2028 around.
And sofar market have 2011 as today day low,
We have one of the most important region that is from 2007 to 2012
Keep close that region because it will decide gold next 30 points minimum move eitherside.
Don't be lazy here , stay sharp
Good luck
Trade wisely
Cumulative Gold prices prepare for INFLATION data⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) continues to trade within a range as it enters the European session on Monday, currently sitting just above last week's monthly low. The prevailing belief that the Federal Reserve (Fed) will maintain higher interest rates for a longer period of time in light of the resilient US economy is supporting elevated US Treasury bond yields. This, coupled with the positive sentiment surrounding the stock markets, is acting as a hindrance for the safe-haven precious metal.
However, the uncertainty surrounding the timing and pace of interest rate cuts by the Fed is not helping the US Dollar (USD) gain significant traction, which in turn is offering some support to gold prices. Traders are also hesitant to take aggressive positions and are waiting for the release of the latest US consumer inflation data on Tuesday, as it will provide clues about the Fed's future policy decisions. This data will play a crucial role in influencing the short-term price dynamics of the USD and will impact the direction of movement for the non-yielding commodity.
⭐️ Personal comments NOVA:
In the first trading session of the week, Gold prices continued sideways in the $2020 - $2035 price range waiting for important CPI data this week.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2010
TP1: $2022
TP2: $2026
TP3: $2031
🔥SELL GOLD zone: $2029 - $2031 SL $2035
TP1: $2024
TP2: $2020
TP3: $2015
⭐️ 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... at his supporting area, hold it or not??#GOLD.. market very well holding his overall range,
now market have upside immediate resistance area 2028 around. keep close it because if market hold it then again further drop expected from here,
downside areas are mentioned on chart.
keep close that areas and manage accordingly.
good luck
trade wisely
Is gold going higher high upto 2047 level ? HELLO Ligand traders ! Lets have a weekly forex forecast on gold!
We had a drop after spiking up on last friday. I know that all traders are looking for sell. But i am not! Because I think gold may make more higher high ! Many are saying that dollar is getting stronger and interest rates are seeking higher too , but i dont think so . I am expecting gold to bounce off from lower low to around 2042 at least , then 2047. Areas of values are shown in chart .Happy Trading .
GOLD - Expect a long position ✅Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is in a triangle, for now I expect we could see bullish price action if price rejects from trendline. My target is resistance zone.
Fundamental news: Next week is full of news with impact on USD. On Tuesday we will see results of monthly and yearly CPI on USD. On Thursday we'll have Retail Sales on USD.
Like, comment and subscribe to be in touch with my content!
Going to the end of Gold's H4 trend !! XAU ✍️ NOVA hello everyone, Let's comment on gold price next week from 12/2 - 16/2/2024
🔥 World situation:
Ending the week, Gold price sideways around the price range above $2020 - $2040. Continue to accumulate, waiting for more news on US inflation data
Next week will see a lot of notable news such as: CPI, Empire State Manufacturing Index, Unemployment Claims, PPI,...
🔥 Identify:
Technically: in the long-term H4 frame, Gold price continues to be in the two trend lines in the $2000 - $2040 price range, and will break the structure if it passes the two BREAK point areas as shown in the picture.
🔥 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: $2035, $2056
Support : $2020, $2000
🔥 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 Weekly Update 12-16 Feb 24The market appears to be moving sideways from 2021 to 2030, with minimal fluctuations expected in the next one or two days. However, a breach below the 2020 level on Monday could lead to a downward trend, potentially reaching 2010-2005, marked as Target 01. If the downtrend persists, further decline to 1990-1980 is anticipated, labeled as Target 02. Conversely, breaking above 2036 may propel the market upwards, with a potential target of 2055. Stay tuned for updates and follow for more information.
Expect a slight decrease at the end of the week!! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is consolidating within a narrow range around the $2035 region per troy ounce during the early trading hours in Asia on Friday. At the same time, the US Dollar Index (DXY), which measures the value of the USD against a basket of six major currencies, is recovering and surpassing the 104.00 mark. The yields on US Treasury bonds are also rising, with the 10-year yield currently at 4.16%.
A decrease in the number of initial jobless claims in the US highlights the resilience of the economy and could potentially lead the Federal Reserve (Fed) to hold off on cutting interest rates in the near future. According to data released by the US Department of Labor on Thursday, the number of weekly initial jobless claims dropped to 218K for the week ending February 3, down from 227K in the previous week. This figure was slightly higher than the market consensus of 220K. Additionally, continuing claims decreased by 23K to 1.891M for the week ending January 27.
⭐️ Personal comments NOVA:
Gold prices continue to show stability, buyers and sellers have great competition at this price range. Continued sideways large range $2010-$2040
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL 2010
TP1: $2025
TP2: $2032
TP3: $2040
🔥SELL GOLD zone: $2048 - $2050 SL $2055
TP1: $2040
TP2: $2030
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
Short-term DOWN adjustment rhythm!! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is experiencing a slight downward trend during the early European session on Thursday. However, it remains within a familiar range that has been maintained since the beginning of this week. The potential for an increase in interest rates by the Federal Reserve (Fed) for an extended period of time is limiting any significant upward movement. This is due to the resulting higher yields on US Treasury bonds, which undermines the appeal of gold as a non-yielding asset. Additionally, the positive sentiment surrounding equity markets is also contributing to the decline in demand for the safe-haven commodity.
On the other hand, the US Dollar (USD) is facing challenges in attracting significant buyers due to uncertainty regarding the timing and pace of Fed rate cuts in 2024. Furthermore, market expectations currently include five rate cuts over the remaining seven FOMC policy meetings this year. These factors are keeping USD bulls on the defensive and should mitigate any significant decline in gold prices. Traders are now focusing on the release of US Weekly Jobless Claims data and speeches by Richmond Fed President Thomas Barkin for potential market catalysts.
⭐️ Personal comments NOVA:
Gold price is in a sideway cycle again after the FED decided not to reduce interest rates in March 2024, unemployment news on Thursday today is also supporting the price to DOWN.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2015 - $2017 SL $2010
TP1: $2022
TP2: $2030
TP3: $2040
🔥SELL GOLD zone: $2048 - $2050 SL $2056
TP1: $2042
TP2: $2036
TP3: $2030
⭐️ 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 To Rally Prior To End Of Week!Good morning traders. Interesting price development in Gold, seems like market makers are looking to take out both sides of the market prior to the end of the week. Look for move down into buying area from "trap zone" and for TP 1 and TP 2 to be met prior to end of week.
GOLD Scalp long Honestly i was waiting for a short setup on gold, due to a break of the major trend, but actually i see enough strength to try a scalp long. Price was rejected some times at resistance, and i think most of the traders will expect to short here, but i have a feeling that price will rise. R:R is also very good