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Goldtrend

Gold price is in an increasing trend!! XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold (XAU/USD) is attracting some buying interest for the fourth consecutive day on Thursday and is moving closer to a two-week high around the $2,056 level reached the previous day. The US Dollar (USD) is struggling to take advantage of the rebound after the Federal Open Market Committee (FOMC) meeting, as US Treasury bond yields continue to decline. Additionally, ongoing geopolitical tensions in the Middle East and China's economic challenges are providing support to the safe-haven commodity. However, the Federal Reserve's less dovish stance on interest rates may limit the gains in gold. Investors are now focusing on Thursday's busy economic calendar, which includes the release of flash Eurozone consumer inflation data and the US ISM Manufacturing PMI, for potential market-moving events. Furthermore, the monetary policy decision from the Bank of England (BoE) could introduce volatility into the markets. Factors such as US bond yields, the movement of the US Dollar, and overall risk sentiment will also play a role in creating short-term trading opportunities in the gold market. Following these events, attention will shift towards the highly anticipated US monthly employment report. ⭐️ Personal comments NOVA: Gold prices continue to be in a long-term uptrend, with selling pressure following the result that interest rates will not be reduced in March, but war tensions in the world are still supporting Gold. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2015 - $2017 SL $2008 TP1: $2022 TP2: $2030 TP3: $2040 🔥BUY GOLD zone: $2039 - $2041 SL $2036 Scalping TP1: $2044 TP2: $2048 TP3: $2053 🔥SELL GOLD zone: $2058 - $2060 SL $2065 TP1: $2053 TP2: $2048 TP3: $2040 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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:XAUUSDLong
by Nova-Scalper
7
XAUUSD: 1/2 Today’s Market Analysis and StrategyGold technical chart, daily pressure 2040-2053, lower support 2000-1966 Four-hour pressure is 2053, support below is 2033 One-hour pressure is 2053, support below is 2033 Operational suggestions: Judging from the daily trend, today's upper pressure will continue to focus on the 2050-2055 area where the US market opened yesterday, and the lower support will focus on 2029-33. Overall, rely on this range to sell high and buy low. Cyclic participation will continue to see shocks, and the middle position Always look more and move less. Pay attention to the 2053 long and short dividing line SELL:near 2053 SELL:near 2040 SELL:near 2020 BUY:near 2053
OANDA:XAUUSD
by ActuaryJ
Gold continues to rise again, entry buy todayWorld gold prices increased slightly with spot gold increasing by 5.5 USD to 2,036.6 USD/ounce. Gold futures last traded at 2,055.5 USD/ounce, up 6.5 USD compared to yesterday morning. World gold rose to a two-week high on Tuesday as it was supported by dollar weakness and lower Treasury yields while focus turned to the Federal Reserve's policy meeting. US State (Fed) to better understand how this agency will cut interest rates this year. According to RJO Futures senior market strategist Daniel Pavilonis, much of gold's volatility is due to falling yields and the dollar being in the red. However, Pavilonis said that expectations about interest rate decisions also caused gold to increase. The Fed's policy decision will be made on Wednesday. Markets are expecting the US Central Bank to leave interest rates unchanged at the end of the meeting. Pavilonis, the Fed said that, with the desire to have a stable market, the Fed may not conduct many interest rate cuts and Mr. Powell will also maintain a neutral attitude. Data last week showed U.S. prices grew moderately in December, keeping annual inflation below 3% for the third straight month and potentially allowing the Fed to start cutting interest rates. According to senior analyst Ricardo Evangelista at ActivTrades, the Fed's monetary policy stance is currently the most important driver of gold prices. He said that even the safe-haven appeal of precious metals cannot counter changing market expectations around central bank monetary policy. According to this expert, the market's expectation that the Fed will actively cut interest rates could push gold to $2,200/ounce with an average annual price of up to $2,100/ounce.
OANDA:XAUUSDLong
by NicoTradingMaster
GOLD. will hold supporting area XAUUSD?? or NOT ??#GOLD.. well guys today is important day due to major fundamentals, ADP NONFARM, FUND RATE & FOMC STATEMENT on table, no doubt it will be volatile day, techincally am just seeing these kind of formation in gold chart so am just sharing with you guys, in that chart our 2030 still have importants until unless market didnot clear 2030 there is no selling move on table. keep close this formation of gold and area that is mentioned in my perveious ideas means 2030. any kind of selling move will start below 2030 otherwise not at all, have a good day, please share your thought in comment, good luck trade wisely
FX:XAUUSD
by AdilHussain731333
Today continues at 2038SellThe four-hour gold line is an obvious bearish engulfment. The big negative line entity directly covers the rebound range of the positive line. Especially overnight, the gold bulls once rushed to the 2048 line, and a big negative line covered it all. This is the strength of the short sellers, and the K-line is bound to return. Moving average, this is a matter of course, the K-line rebound is to accelerate the downward trend Trading Strategy: Gold 2038Sell, Target 2022
OANDA:XAUUSDShort
by Golden-Strategy-Master
1