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Goldtrend

Gold meets resistance, 2039SellThe market rebound is just a rebound, definitely not a reversal, especially the daily trend, the K-line is big short, the rebound is just an adjustment, and it will inevitably fall sharply. The support level below the K-line is obviously around 2015, and even breaks through 2000 points. Everything is inevitable. Radicals are directly short at 2035, and the resistance above is at the 2050 line. If we hold this bottom line, we are Stud short. The daily level is short, and it is also an obvious head and shoulders top pattern. After the positive line rebounds, the big negative line directly breaks through and goes downwards. This is a trick of the banker. I have already seen that gold will inevitably reach around 2015 during the day. Trading strategy: Gold 2039 short, target 2015
OANDA:XAUUSDShort
by Golden-Strategy-Master
📉Gold prediction / Wrist wrestling between buyer and seller📈FOREXCOM:XAUUSD OANDA:XAUUSD Hello dear traders. If the price does not stabilize above the $2030 level, it can start bearish scenario. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑 CrazyS✌
FOREXCOM:XAUUSDShort
by CrazyS
2
Gold price adjusted DOWN !! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: During the Asian trading session on Tuesday, the price of gold (XAU/USD) is observed to be fluctuating within a narrow range. It is consolidating after experiencing losses and reaching a one-week low around the $2,015 mark on the previous day. While there is a slight decrease in global risk sentiment, which provides some support to the safe-haven precious metal, the bullish US Dollar (USD) and expectations that the Federal Reserve (Fed) may not reduce interest rates as much as initially anticipated act as obstacles. The latest macroeconomic data from the United States continues to indicate a resilient economy, giving the Fed more room to maintain higher interest rates for a longer period. Furthermore, hawkish remarks made by several Fed officials, including Fed Chair Jerome Powell, have prompted investors to revise their expectations for a more aggressive policy easing in 2024. This shift in sentiment has contributed to the recent significant increase in US Treasury bond yields, which will likely bolster the US Dollar and limit any gains for the price of gold. ⭐️ Personal comments NOVA: Adjustment cycle DOWN, sideway after the news that the FED will not lower interest rates in March 2024 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2000 - $2002 SL $1995 TP1: $2010 TP2: $2020 TP3: $2030 🔥SELL GOLD zone: $2034 - $2036 SL $2042 TP1: $2025 TP2: $2016 TP3: $2010 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
4
GOLD SELL HERE ON DIPS !!!HELLO TRADERS!! Starting this week. #GOLD IS NOW TRADING in Down trend as we can see from many weeks its rejecting even geopolitical and many other fundamental's going on around the world but data is also show us coming thing which is important to trade on weekly based or daily based even scalps i can see as rejecting zone near 2030$ it make a fake put and then test sell zone area and then fall... right now DXY will be technically ranging until FOMC and post FOMC. Markets are awaiting the Fed word this week on whether they need to keep rates up higher for longer (DXY bulls and stock market bears) REALITY OR If they are still on a solid path to achieve 2% inflation and will give more rate cut discussions (DXY bears and stock market bulls) GREED OVERALL the Fed does NOT need to be aggressive or forceful with any monetary policy decisions as the heavy lifting on rate hikes has past and they do not want to falsely signal on rate cuts. My personal prediction is expecting Feds to be Neutral - Hawkish toned. Bringing the focus back that rates need to remain higher, no rate cut talks, no rate cut schedule, etc. As CPI has edged back up, PCE stagnant, policy lag effects not fully felt, Fed job not finished, cannot risk the 1970s Fed mistake of pivoting too early, Stock market at ATHs (correction would be very controlled in terms of price stability) and Fed speakers pushing back rate cut hopes I see a more neutral - hawkish toned FOMC. But I can be completely wrong so adapt accordingly if so. its just an trade idea share your thoughts with us in comment session it help us all to trade #GOLD The battle between the stocks market GREED vs data REALITY continues................. if bulls stay in the market we will follow our prediction on Gold buys have a look on that chart too its on 4H TF attached in comments
TVC:GOLDShort
by APEX_TRADING_ACADMEY
🥇Gold🥇Will Go Down by Evening Star Candlestick Pattern📈 Gold failed to break the 🔴 Resistance zone($2,052_$2,043) 🔴and finally lost its Uptrend line. 💫 Gold has completed its pullback to the Uptrend line with an Evening Star Candlestick Pattern . 🔔I expect Gold to continue falling after breaking the Support lines , at least to the 🟢 Support zone($2,010_$2,004) 🟢. Gold Analyze ( XAUUSD ), 4-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.
OANDA:XAUUSDShort
by pejman_zwin
9
"Barrick Gold Corporation Faces Bearish Pressures"Barrick Gold Corporation Faces Bearish Pressures as Support Breaks Barrick Gold Corporation, a major player in the precious metals industry, is currently facing significant bearish pressures as it breaks support levels and forms a bearish pennant pattern to the downside. This development has raised concerns among investors, with the potential for a further downward spiral looming large. The recent downtrend in Barrick Gold's stock price has been underscored by the formation of a bearish pennant pattern, signaling a continuation of the prevailing downward trend. This pattern typically occurs after a sharp decline in price, followed by a period of consolidation, and is often seen as a precursor to further losses. Key support levels, particularly the $14 mark, are now being closely watched by traders. A break below this critical level could trigger a cascade of selling pressure, potentially sending Barrick Gold's stock into a freefall. Investors are advised to exercise caution and consider implementing risk management strategies to protect their portfolios in the event of such a scenario. While there is a slight possibility of a reversal in fortunes, indicated by a potential bounce out of the current pattern to the upside, the likelihood of this occurrence remains uncertain. Even in the event of a temporary rally, with the stock revisiting the $20 level, it would be prudent for investors to view this as a selling opportunity rather than a signal to buy. In conclusion, Barrick Gold Corporation is facing significant headwinds as it breaks support levels and forms a bearish pennant pattern to the downside. With the potential for further downside momentum, investors should exercise caution and consider taking appropriate action to mitigate risks. A break below $14 could signal a sharp decline in Barrick Gold's stock price, while any potential upside should be viewed as a selling opportunity.
NYSE:GOLDShort
by UnknownUnicorn2319099
Gold price and PMI news today !! XAU ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) continues to experience selling pressure for the second consecutive day on Monday. It appears susceptible to extending the retracement slide from the $2,065 region, which marked a one-month peak. The strong US jobs report released on Friday confirmed market expectations of the Federal Reserve (Fed) maintaining higher interest rates for a longer period. This has supported the rise in US Treasury bond yields and boosted the US Dollar (USD) to its highest level since December 11. Consequently, this development is considered a significant factor that undermines the value of gold. Furthermore, the overall bullish sentiment in global equity markets adds to the negative tone surrounding the price of gold. However, there is still a risk of further escalation of military action in the Middle East and ongoing concerns about a slowdown in China, which provide support for the safe-haven asset XAU/USD. As a result, bearish traders should exercise caution. Traders are now focusing on the release of the US ISM Services PMI, along with US bond yields, USD price movements, and overall market sentiment. These factors are expected to provide some momentum for gold. ⭐️ Personal comments NOVA: Gold price sideways in the 2030-2040 price range waiting for PMI news, the DOWN trend is supporting because the FED supports not reducing interest rates in March ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2021 - $2023 SL $2015 TP1: $2030 TP2: $2040 TP3: $2052 🔥SELL GOLD zone: $2051 - $2053 SL $2060 TP1: $2044 TP2: $2037 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
OANDA:XAUUSDShort
by Nova-Scalper
7
GOLD-waiting direction The market is paying attention to two points this week. The first is around international conflicts and the geopolitical situation to see whether gold has increased risk aversion. Second, as the Federal Reserve interest rate decision is approaching in March, attention will be paid to whether the Federal Reserve will cut interest rates as expected. There is no important data impact this week, but under the current international environment, gold risk aversion is still relatively high, but the trend is currently downward, so we look at it in a wide range Strategy 1: Xauusd:buy2020-2015 TP:2025-2030 Strategy 2: Xauusdbuy2011-2007 TP:2016-2020 Strategy 3: Xauusd:sell2042-2046 TP:2036-2032 Strategy 4: Xauusd:sell2054-2057 TP:2050-2047 I think today’s fluctuations will not be too big. I have the above 4 strategies for your reference. Choose the appropriate strategy according to your own funds, set SL, and wait for opportunities. Join me as I share my strategies every day so you know how to trade
TVC:GOLD
by UnknownUnicorn64321080
GOLD 4H : Above 2017 will rise up again GOLD New forecast The price perfectly fulfills my last idea and price reached to our targets +180 pip. The gold price shows more bearish tendency to settle below 2055, supporting the chances of a continuation of the bearish intraday tendency, and we expect to test the 2017 level before returning to the rise again. The overall upward trend is still likely unless the 2017 level is broken and remains below it. The price is gaining positive momentum well to support the chances of resuming the expected bullish wave for today, which aims to test the 2031 and 2043 levels again, keeping in mind that continuing the decline and breaking 2017 will put pressure on the price. To incur additional losses up to 2007. The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized . Additionally ,Today News will affect on the market. 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 ❤️
OANDA:XAUUSDLong
by Arazmajeed
4
Gold price in early February, sideway, stable accumulation ✍️ NOVA hello everyone, Let's comment on gold price next week from 5/2 - 9/2/2024 🔥 Identify: After the information that interest rates will continue to remain the same and not decrease in March. Selling pressure has increased, Gold prices have not been able to have strong growth and continue to sideway above the $2000 price range. Some important news worth noting this week are: Fed Chair Powell Speaks, PMI, Unemployment Claims,.. 🔥 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: $2050, $2060 Support : $2001 🔥 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
XAU/USD Shorts from 2052.000 or 2072.000 back downMy outlook for gold this week leans towards a potential retracement following its recent upward bullish momentum. I anticipate a temporary sell-off from the 15-hour supply zone I've identified, or a scenario where the equal highs gets taken and reaches the 4-hour supply zone above. Additionally, there's a trendline forming below, coupled with numerous untouched Asian lows. While this temporary bias diverges from my overall outlook, I'm particularly intrigued by the possibility of a significant buying opportunity around the 1990.000 level. Should the price not reach that point, I'll patiently await for a new, clear demand zone to consider as a potential buying opportunity. Confluences for Gold Sells are as follows: - Price swept liquidity and formed a 15-hour supply zone that's been unmitigated. - Nice trendline liquidity has been building below that needs to get taken. - Lots of Asian lows below as well as a daily demand that needs to be mitigated. - Price has been moving very bullish and is due for a pullback/retracement. P.S. Given that this is a counter-trend concept, I'll exercise extra caution and ensure that all my confirming factors align before proceeding. Additionally, I'll reduce my risk accordingly. The objective is to initiate sells aiming towards a better demand zone. HAVE A GREAT WEEK TRADERS!
OANDA:XAUUSDShort
by Hassan_fx
2
Gold price encounters resistance, current price is 2056SellThe price of gold is still in a volatile trend. Yesterday, it fell rapidly to the support of the trend line. Although the trend line was broken, it was in fact an inertia break and was not effective. The subsequent rapid rise has caused the gold price to return to the volatile range again, and we also made a very good profit by buying at 2032 yesterday. It is currently in the upper range of the volatility, so we can sell it at the current price of 2056! From a technical point of view, the current negative line of the one-hour K-line is reversed, and the short-term trend is weak. The support of the bottom moving average and the trend line deviates too much from the gold price. In the short-term, the gold price has a need to fall back. The short-selling trend reaches the bottom of 2040 and then the trend line support is reached. Make further layout! Specific strategy: Gold 2056Sell, target 2042-2040 Good luck to everyone
OANDA:XAUUSDShort
by Golden-Strategy-Master
GOLD-Wait for the trend to become apparent Today we need to pay attention to the US non-farm payroll data, which will affect the market trend. Gold reached a maximum of 2065 yesterday, and now it has been hovering around 2055. This means that the market has not yet chosen a good direction. What we need now is not aggressive trading, but waiting patiently, waiting for the data to be released, and then trading with the trend. As can be seen from the 4H chart, if the data is not conducive to gold, it may fall again to 2030, or even near 2020 If the data is favorable for gold and it breaks through yesterday's high of 2065, I think gold will test the previous high around 2078-2080 Join me as I share my strategies every day so you know how to trade
TVC:GOLD
by UnknownUnicorn64321080
NFP target On the flip side, the $2,042-2,040 strong horizontal resistance breakpoint now seems to protect the immediate downside ahead of the 50-day Simple Moving Average (SMA), currently pegged near the $2,033-2,032 zone. A convincing break below the latter could drag the Gold price to the $2,012-2,010 area en route to the $2,000 psychological mark. Failure to defend the said support levels might shift the bias in favour of bearish traders and expose the 100-day SMA support near the $1,982 region, before the XAU/USD drops to the very important 200-day SMA, near the $1,965 area. Gold sell 2055 Target 2016
OANDA:XAUUSDShort
by Gold_Analysis1
Buy gold at current price in 2032 and wait for the riseThe Federal Reserve's interest rate decision early last night triggered violent fluctuations in the gold market. The price of gold showed a wide range of fluctuations. The lowest reached the support level of the 2030 trend line and stabilized. The current upward trend remains intact, and the bulls are still in the advantageous stage, so I think You can buy, and the intraday target will continue to be towards last night’s high point of 2053! Technical analysis shows that gold prices are still in a volatile and rising pattern, with lows rising and highs setting new highs! At present, the moving average golden cross continues to run. Under the influence of the double support of the bottom trend line and the moving average, the gold price obviously cannot fall. After a slight adjustment within the day, it will rise again! Specific strategy: Gold 2032Buy, TP1:2048, TP2:2053 Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master