Get started

Tradegold

XAUUSD H1 - Long Signal $2000/ozXAUUSD H1 Here is a potential outlook for XAUUSD going forward, we have sold off since market opened, the opposite move I would have expected. However, we haven't really seen an influx of relevant trading volume yet, I would expect to see this during LON partially, but most likely the US open, both FX markets and subsequent US stock markets. $2400/oz is in the crosshairs for obvious reasons, we have traded from this price previously (with the exception of the PPI dump). Targets would be $2425/oz before potentially breaking higher. XAUUSD is undoubtedly up-trending. Lets see if this weekends headlines can add fuel to the fire.
FX:XAUUSDLong
by Trade_Simple_FX
GOLD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
TVC:GOLDShort
by TheGrove
2
GOLD - Continue to correct around 1900 round resistance?The Federal Reserve has decided to keep interest rates the same as predicted. However, during the FOMC meeting, Mr. Powell stated that he believes there will be two more rate hikes in order to reach the 2% inflation target. It's important to note that keeping interest rates unchanged does not signify the end of the rate hike process. Looking at the short-term outlook, it is leaning towards moderate to bearish. The 4-hour chart reveals that XAU/USD is currently trading below the 34 and 89 EMAs. Additionally, the Momentum indicator is slightly below its midpoint, while the Relative Strength Index (RSI) shows no clear direction, hovering around the 50 line. This indicates a lack of speculative interest in the market. Gold faces strong resistance at $1966.20, which is the 23.6% retracement level of the recent daily decline. Yesterday, we opted for a selling strategy within the price range of $1955 to the target of $1930. Today, I am implementing a short-term buying strategy as previously mentioned. The target for this strategy is between $1945 and $1955. It's important to note that the selling strategy will continue to be established within these price zones.
OANDA:XAUUSDShort
by DNA_TradingFX
8
GOLD 14/6 - The downtrend is clearly formedGold prices have taken a dip and are currently trading at a daily low of $1,942. This comes after the US dollar struggled earlier in the day, particularly with the US Consumer Price Index falling below market expectations. This has caused some optimism in the market, with gold experiencing a bearish trend on the 4-hour chart. The support levels are at 1,940 - 1,932 - 1,918, while the resistance levels are at 1,966 - 1,972 - 1,987. Technical indicators are approaching oversold levels, and the 34 and 89 EMAs are currently moving around the $1955 level.
OANDA:XAUUSDShort
by DNA_TradingFX
21
GOLD - CPI forecast and trading strategyToday, there will be an announcement regarding the US Consumer Price Index (CPI). Traders are currently proceeding with caution due to the expected decrease in CPI from 4.9% to 4.1%. It is predicted that the Federal Reserve will maintain the current interest rate of 5.25% after a period of steady increases, possibly due to recent economic downturns. Gold continues to be range-bound between $1940 and $1983, with the 34 and 89 Exponential Moving Averages (EMAs) showing decreasing distance. However, the price is showing short-term support with an upward trend. The release of today's CPI and tomorrow's Producer Price Index (PPI) may cause Gold to break out of this range. If the price falls below the support level of 1938, it's likely that it will continue to drop to around 1900 or even lower. On the other hand, if it breaks past the resistance level of 1980, the price of gold is expected to surge above $2,000.
OANDA:XAUUSDLong
by DNA_TradingFX
24
GOLD new week - Many important newsIn recent months, central banks have played a significant role in supporting the value of gold. Their interest in purchasing the precious metal has hit record levels, and this has been a major factor in keeping gold prices stable. Despite this, the US Federal Reserve remains the key player in the gold market, and many believe that the price of gold will rise once the current monetary tightening cycle comes to an end. Looking at the H4 time frame, it's clear that gold is currently moving sideways within a range of 1938-1980. If the price falls below the support level of 1938, it's likely that it will continue to drop to around 1900 or even lower. On the other hand, if it breaks past the resistance level of 1980, the price of gold is expected to surge above $2,000.
OANDA:XAUUSDLong
by DNA_TradingFX
19
GOLD - Bulls are working hardAccording to the H4 chart, the short-term outlook for the XAU/USD pair seems favorable, despite a slight loss in upward momentum. Technical indicators have flattened out after crossing into positive territory, as the pair consolidates near daily highs. Gold has also recovered above the 34 EMA and is trending upwards. However, the $1,970 level has seen resistance from sellers, and immediate resistance must be surpassed for the pair to extend its rally to the next Fibonacci retracement at 38.2%, located at 1,985.65$. Keep an eye out for a potential breakout above the 1970 price zone , which could trigger a new uptrend for gold. If using the Temporary Breakout strategy, wait for a close above the zone and set a stop loss at the nearest price stop.
OANDA:XAUUSDLong
by DNA_TradingFX
11
GOLD 08/06 - Bulls defend the price zone 1935The value of the dollar index has decreased, resulting in a lower price for gold for those who hold other currencies. Investors are closely monitoring the upcoming Fed meeting and the US consumer prices report for May through June 13 to gain a better understanding of the state of the economy. There has been mixed economic data along with dovish comments from Fed officials. Gold is currently facing resistance at the 1940-1935 level, but the bulls are trying to gain momentum to push it up. However, the bears are determined to keep the price below 1955.
OANDA:XAUUSDShort
by DNA_TradingFX
22
GOLD - Moving sideways in a narrow rangeThis week, the value of gold received a boost due to weak economic data in the US, which caused the dollar to decline. This led to speculation that the Federal Reserve may not raise interest rates further. However, this support is limited as the dollar is expected to recover due to uncertainty about the Fed's next move. Although some areas of the US economy are slowing down, inflation and the job market remain strong, which puts pressure on the central bank to tighten policy. Currently, the price range for gold is between 1966-1952, with a narrow band. Traders can operate within this range during the Eurasian session. It is important to manage your volume and stop-loss immediately during periods of strong market fluctuations. And today, I will wait for the SELL to continue in the upper regions around 1970. And target at 1950 - 1945. Then BUY order will be set
OANDA:XAUUSDShort
by DNA_TradingFX
24
New week GOLD - Is the 1900 target still far away?The outlook for gold is becoming more negative due to a few reasons, including US interest payments gaining momentum and a recent payrolls report indicating a strong economy. The strength of the economy and labor market could slow down usage and bring it back to the 2.0% target, which may require the FOMC to increase the closing rate and keep it high for a longer period of time to maintain price stability. Despite attempts by the bulls to maintain mid-term gains, there is a possibility that the trend could shift negatively if the price falls below $1,940, encouraging those who are making excellent progress to attack the $1,900 target. Before that happens, I anticipate that gold will undergo a short-term test of the 1965 and 1975 areas, enabling us to develop a sound selling strategy.
OANDA:XAUUSDShort
by DNA_TradingFX
31
GOLD today - Still moving sideways in the borderThe price of gold rebounded after hitting a low point not seen in over two months. This was due to the recent data showing that the US services sector had experienced minimal growth in May, which halted several months of strong market growth. The weakened dollar was also beneficial to metal markets, with gold being a safe-haven asset. However, it is expected that US interest rates will remain high this year, limiting the potential for significant gains in metal prices. Despite this, it is possible that the value of gold will increase later in the year as the US economy weakens. In general, in the short term, Gold can still maintain its upward momentum, if the 1950-1940 price zone can still hold the bears. Then it's not a difficult thing to crawl back to 1975 or even 1985
OANDA:XAUUSDLong
by DNA_TradingFX
24
GOLD before NF: Beware of tricksGold prices increased by more than 0.7% on Thursday, resulting in an overall gain of about 1.6% for the week. This marks the best week for gold since early April. The rise in XAU/USD comes as the US Dollar and Treasury yields weaken, highlighting gold's anti-fiat characteristics. On the daily chart, the next major technical obstacle for gold prices is approaching. On the 4-hour chart, the pair has rebounded off the rising EMA34 and is attempting to stay above the EMA89. Technical indicators are still in positive territory, with the RSI remaining bullish at around 64. More upside potential is expected in the near future, especially if the current positive trend continues.
FOREXCOM:XAUUSDShort
by DNA_TradingFX
17
GOLD with ADP - The rising wave is expectedGold prices were supported by a weaker dollar in the midst of a wary market atmosphere, with nonfarm payrolls data slated for a later release. Additionally, JOLTS Job Openings report had a significant impact on gold prices. Despite this, the US economy shows promise for recovery due to strong retail sales, industrial production, and adjusted GDP figures. Yesterday, gold experienced a rally as the market processed news on the US debt ceiling and favorable economic data. Currently, gold is striving to reach the 1984 price level in the near future. Based on technical analysis, gold is undergoing a corrective wave labeled a,b,c, and the target for this wave is also set at 1984. It is anticipated that this target will be met.
FOREXCOM:XAUUSDLong
by DNA_TradingFX
23
GOLD 31/5 - Do you think this's a short-term bull run?Yesterday, gold prices experienced their largest daily gain in over a week due to a decrease in the US Dollar Index and Treasury yields. This was partly due to month-end positioning and a general sense of caution among investors. Mixed US data also contributed to the decrease in the value of the dollar and an increase in the value of XAU/USD. The Relative Strength Index for XAU/USD at 14 is ascending and has improved from oversold territory, which supports the rally. However, there were also bearish indicators from the Moving Averages Convergence and Divergence indicator, which prompted gold buyers. Currently, Gold is experiencing a minor bullish correction with a target of $1975 in the short term. Yesterday, I initiated a Buy order at $1934 and successfully hit the target at $1960. As of today, we are anticipating further growth in the value of Gold.
FOREXCOM:XAUUSDShort
by DNA_TradingFX
12
XAUUSD - 1975 needs to be re-examined The US Dollar Index (DXY) experienced a drop from its 10-week high and fell to an intraday low of 104.00. Despite this, the US 10-year Treasury yields remain low, around 3.68% at present, while the two-year counterpart also remains low near 4.45% after a 12-day uptrend. It's worth noting that recent data in the US hasn't supported the Federal Reserve's hawkish bets, leading to a rally in XAU/USD. However, Richmond Fed President Thomas Barkin believes that rate hikes are limiting demand. As such, the 1975 area needs to be re-examined, and my first target is to place a buy order around 1950.
TVC:GOLDLong
by DNA_TradingFX
10
1925 or 1955? What will happen on Tuesday?The markets are busy today, and the US Dollar is losing value as investors anticipate a positive response to news of a US debt agreement. The market is confident that Congress will approve the agreement on Wednesday, which is reflected in the performance of U.S. Treasuries and stock futures. Gold prices are currently at a two-month low of $1,937, and there is a risk that they could decline further if investors continue to move towards riskier assets. While the US Dollar's value is expected to remain relatively stable due to the Fed's upward bets and the recent positive economic data, there may be some fluctuations in the near future. Anyhow, I still believe in another rally before the price returns to $1925. And my rally target this time will be around 1955$ - 1960$ Let's wait for the running strategy.
TVC:GOLDShort
by DNA_TradingFX
6
GOLD - Downtrend is still thereAt the beginning of the week, the price of gold dropped to the lowest it's been in two months. This was due to the easing of concerns around the US debt ceiling and the increase in US yields. The real yield, which is calculated by subtracting the market rate of inflation from the nominal yield, also contributed to the weakening of gold. The US Dollar has been steadily rising towards the end of the year and the direction of the DXY Index could determine the next move of the precious metal. Despite this, the volatility of gold has decreased, which suggests that the market is content with current prices. If the 1930 level is broken, there could be a pullback. However, if these levels are maintained, it could indicate that the overall rally will continue. The price action in the next few sessions will provide clues to the medium-term direction. Please wait for until Gold returns to the 1955 - 1960 price range , and we will set up a SELL order at this price range.
FOREXCOM:XAUUSDShort
by DNA_TradingFX
14
Gold this week, bearish Dow setup!Additionally, concerns about a potential U.S. debt default further affected the market. The rise in interest rates negatively impacts non-yielding assets such as gold, as it increases the opportunity cost of holding them. The Fed's approach to rate hikes is based on data, and with inflation rising, they may consider further hikes. Economic risks from a possible default are also reduced, giving the central bank more leeway to increase interest rates, indicating a bleak outlook for gold in the short term. Gold is currently experiencing a minor increase in value and is expected to hover around the price range of 1955-1960 before heading back down. The projected target for this week is a decrease in value, with Gold returning to the price zones of 1935-1930 and 1925.
OANDA:XAUUSDShort
by DNA_TradingFX
10
XAUUSD - Choose SELL for todayGold price fell below the support of $1936.00 during Asian trading, after slipping beneath the $1952.00 cushion due to the US economy's approaching default. Technical indicators suggest a downside risk in the daily chart. The US Dollar found support due to positive macroeconomic data and the gloomy market mood. The currency remains strong, while the stock market ignores concerns about the US debt ceiling limit. Today, Gold is returning to retest the price zone around 1953$ before continuing its fall. The nearest target is back to 1935$ -1930$ I still choose the SELL beat for today. The previous Break Out and BUY strategy for GDP news is about to be completed.
OANDA:XAUUSDShort
by DNA_TradingFX
14
GOLD Forecasting a fall for GDPGold is facing difficulty in finding a clear direction as the market remains indecisive due to conflicting signals regarding US debt extension talks and the US Federal Reserve. Currently, the market is struggling around the key short-term support line near $1,955, and the XAU/USD daily chart suggests a bearish extension. The risk is also leaning towards the downside in the short term, as the pair trades below all its moving averages, and technical indicators are declining. It is crucial to watch out for a potential breakout below the price zone of $1950, as it could trigger a strong downtrend. My goal is 1945$ - 1940$ - 1935$
OANDA:XAUUSDLong
by DNA_TradingFX
13
GOLD - The bulls are gradually regaining their positionGold prices have been trading in a narrow range of $1,950-1,980 for almost a week. This comes after the prices dropped below $2,000 level due to the uncertainty around the US default. Copper prices have hit a six-month low due to weakening demand and global manufacturing activity. The metals market has been under pressure as the US dollar has strengthened, with traders speculating that the Federal Reserve will maintain higher interest rates this year. BUY GOLD zone 1967 - 1965 Stoploss: 1960 Take Profit 1: 1972 Take Profit 2: 1978 Take Profit 3: 1983 Note : TP, SL full to be safe and win the market !
OANDA:XAUUSDLong
by DNA_TradingFX
13