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Xaausdanalysis

GOLD Update Read Caption 📈USD is recovering because of hawkish policies The expert explained that amid persistent inflation concerns, the US Central Bank is expected to be more cautious in its interest rate decisions next year. This is likely to support bond yields and the US dollar, two factors that often reduce the appeal of gold. Higher bond yields have a significant impact on investment demand for the yellow metal, as they increase the opportunity cost of holding these non-yielding assets. “At the same time, the greenback’s resilience, supported by hawkish central bank policies and strong economic data, makes gold more expensive for buyers holding other currencies. These dynamics could limit gold’s upside potential in the first half of next year.” 🔥 XAUUSD SELL 2625 - 2628🔥 💵 TP1: 2620 💵 TP2: 2610 💵 TP3: OPEN 🚫 SL: 2637
OANDA:XAUUSDShort
by TradeAdvisory
1
New Support & Resistance for the Gold CFD market in 2024Fundamental Analysis : Since we all know the geopolitical tension we are living right now : Russian and Ukranian War, Palestinian and Israel conflict, Tension between USA and China, BRICS buying gold massively. Also increasing inflation all over the world, increase in interest rates is globalised... Gold also is very correlated with US CPI, GPD, Housing sector who is not doing well (maybe new bubble)... anyway hope the best for the dollar... who is being challenged in this new geopolitical era. Technical Analysis : Gold is doing well, most agressive move are bullish move (volumes weighted). Very healthy trend, that is obvious to oscillator expert. TDI, is the best indicator to use since it's a combination of 5 well known indicators
OANDA:XAUUSDLong
by Le_mah
The Gold Squeeze prices are reaching all-time highs and have been doing so for a while. One characteristic of gold that people have been overlooking is that it has a positive skew. This means that when gold prices make significant gains, the volatility index (GVZ) for gold also rises. We are at a resistance level. Could be a time to rebalance your portfolio, It might be an idea to for call spreads into higher strikes. The market could go really dynamic. Keep in mind that gold could go parabolic. ----------------------------------------------------------------------------------------------------- Gold as an investment? It's been a while since WW2 and the cold war ended All we remember is years and years of inflation. Zoomers (you and me?) are unable to imagine change we are facing. Why would we put money in Gold instead of the promised high lands of stocks, crypto, and tendies? Gold's portfolio diversification (uncorrelated to stocks or anything else) and rebalancing have been forgotten by boomers and ignored by zoomers While most investors believe defensive assets should be held to provide income on rainy days history demonstrates that the true purpose to hold defensive assets is to protect wealth throughout a rainy decade.
OANDA:XAUUSD
by RomanoRnr