The US economy clearly shows cracksGOLD the day gone by after having a robust fee drop of almost 30 points. Now it has returned. With the fashion in H4 and D1 nonetheless displaying an boom, consistent with me, GOLD will maximum possibly check one extra beat to boom 238x.
With the information that the conflict remains going on, consistent with me, destiny GOLD could be capable of boom with the aid of using 2,500, everyone!!
For today`s plan, please confer with BUY GOLD round 2355>2359
SL 2351
TP 2366>237x
Currently the Buy facet is pretty robust so I will consciousness on BUY. If there's a brand new overall performance or a Sell point, I will notify you later, everyone
--
The enduring power of americaA financial system through the years has amazed specialists. However, cracks are beginning to seem withinside the world`s biggest financial system because the carrier region weakens markedly because the unemployment price hits its maximum degree in almost 3 years.
Some financial specialists are starting to fear that americaA financial system is ready to fall into recession, that could purpose americaA Federal Reserve (Fed) to behavior a chain of hobby price cuts.
Xauusdbuy
XAUUSD: 2300+ PIPS Trade Idea in Making! Gold price rebound to 2365$ area before started to drop again, price reverse from a solid imbalance zone where price rejected strongly. After carefully, looking at the price behaviour it is likely to have a strong drop on gold prices in coming days. We expect price to continue dropping down until it reaches 2280 region where a strong reversal/rebound can be expected. So good luck and trade safe.
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XAUUSD: 2200+ Pips On Making Just Wait Until Big News! Dear Traders,
Price is dropping nicely towards our area our entry point , we expecting price to fall around our area on Thursday or Friday. With accurate risk management, we can target 2200 pips.
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Team Setupsfx_
XAUUSD: Possible Early Price Mitigation! Dear Traders,
OANDA:XAUUSD we have updated our views on gold, in our opinion price is likely to continue the bullish momentum from this moment onwards, next possible targets are 2390$ and 2450$. However, if current strong resistance upholds then price can drop 2290$ or 2280$ region can be strong opportunity where buyers can strongly rebound.
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#XAUUSD: As we planned, everything is moving as expectedDear Traders,
As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold. However, we remain firm with our positions.
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XAUUSD: Bullish Move to Continue Dominate!Dear Traders,
Hope you are well, our previous analysis did not work out in our favour as price dropped to 2295$ region taking the sell side liquidity. Now, we think that price will remain bullish and the trend will be going as we expect. Please use the accurate risk management and do your research before entering or taking entry solely using our analysis.
Team Setupsfx_
XAUUSD: Three take profit area set, worth 1500+ pips. Dear Traders,
Based on our last analysis, we still have the same bias where we expect price to continue the bullish momentum upside 2400$ which is the least target that we have set. Now, we have witness the changes in price, price behaved very bullish in last few 4h timeframe. Which suggest future growth in the market. Good luck and trade safe.
Team Setupsfx_
#XAUUSD: 1500+ PIPS Buying Opportunity! Dear Traders,
Gold rejected at $2287 and then went on hitting $2370, however, we have witnessed a strong 4H bearish candle occurred due to rejection at very key level. However, our bullish sentiment has not yet changed, we still expecting price to reverse from our buying zone. You can take a well risk managed buying entry, if our analysis support your bias. Do your own research as always.
Team Setupsfx_
XAUUSD: Time for Bullish Reversal! 2400$ Possible Next Target Dear Traders,
Price dropped to 2305$ area where price rejected and then rebounded, we expecting buying volume to increase and our first target will be $2350 and then going forward our last target will be at 2380$.Please use accurate risk management.
Team Setupsfx_
Expect Gold to touch $2400 soon !!
⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) dip during early Monday's European session as the People’s Bank of China (PBoC) holds off on gold purchases for the second month in June. This pause could influence gold prices given China's status as the world's largest bullion consumer.
⭐️ Personal comments NOVA:
Gold price is maintaining an Uptrend at the beginning of the week - the target is still touching above 2400
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2362 - $2360 SL $2355
TP1: $2370
TP2: $2380
TP3: $2390
🔥SELL GOLD zone: $2396 - $2398 SL $2403
TP1: $2390
TP2: $2380
TP3: $2370
⭐️ 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
#xauusd Today is the trading strategy for July 8. (next Monday)
#xauusd Today is July 7th. I bring you accurate and perfect profit signals every day. Last week, everyone has made a lot of money for a week. Tomorrow is the first trading day of next week.
On Friday, gold rose directly from 2347 to 2392. My multiple signal intervals have won huge profits in different periods.
The current signal area for tomorrow's activity range is between 2357-2414. So I have circled some trading signals that can help you make profits in different periods of time
1/Buy range
Buy 2372-2376 (gold backtest, this price may be more suitable for buying and making a certain profit)
Buy 2361-2366 sl2357 (this price may appear in the US market. You can look forward to it)
2/Sell area
sell2391-2395 sl2398 (this area is more suitable for scalping.)
Sell 2309-2312 sl2314 (if the price breaks through this area, a new trend will form again)
I wish you all to win ideal profits on the first day of the new trading day. I will update my ideas every day when the European market approaches the US market. If tomorrow's trading area and signal fail, I will update my ideas at the same time.
I will help you choose profitable signals every day. Please give me a thumbs up. And join me. Thank you all
Gold rebounded strongly regardless of nonfarm newsGOLD is currently completely on the trend of the BUY side, but in terms of price model, I see that there is a reaction of 2 parallel cumulative peaks, most likely today or tomorrow. There will be a slight correction back to the 237x area. For me today, I will watch sell based on RSI over buying in Frames H1 and H4.
For today's plan, please refer to Canh Sell GOLD around 2384>2387
SL 2389
City 2378>2370
I will wait to BUY GOLD when there is a reaction below the 237x area, so for now everyone just watch for Sell.
--
Optimism is protecting the arena gold marketplace. Disappointing monetary data, highlighted via way of means of a slowdown withinside the US exertions marketplace, are growing marketplace expectancies that the Federal Reserve will decrease hobby costs in September. According to CME`s FedWatch Tool, The marketplace sees a almost 80% threat that hobby costs may be reduce after the summer time season break.
Independent metals dealer Tai Wong primarily based totally in New York (USA), stated bulls are aiming for a state of affairs in which gold charges will go back to an all-time excessive of $2,450/ounce, if the Fed begins offevolved making public hints (approximately while to reduce hobby costs) in September 2024.
Senior marketplace analyst Jim Wyckoff at Kitco Metals stated that the gold marketplace is being supported via way of means of "good buy hunting" shopping for sports of investors, whilst crude oil charges growth and the USD is weaker. additionally creates upward momentum for gold charges. This professional predicts that gold charges will probably flow sideways at present day tiers or lower from now till the stop of the summer time season.
In the instant future, withinside the week of July 8-12, spot gold charges face an crucial mental barrier of 2,four hundred USD/ounce. If this threshold isn't always exceeded, profit-taking strain and short-promoting sports might also additionally growth, inflicting gold to regulate again down.
Strong increase in Gold - 3rd quarter 2024✍️ NOVA hello everyone, Let's comment on gold price next week from 7/8 - 7/12/2024
🔥 World situation:
Gold prices surged during mid-North American trade after June's US Nonfarm Payrolls report surpassed predictions, but hints of a faster cooling labor market from downward revisions of previous months led traders to anticipate a Federal Reserve rate cut in September. This expectation weakened the Greenback and boosted gold. XAU/USD is now trading at $2,391, marking daily gains over 1.40% and weekly gains above 2.70%, partly driven by a weaker US Dollar undermined by lower US Treasury bond yields.
🔥 Identify:
Gold price broke the cumulative sideway structure and rebounded strongly in the third quarter of 2024. While the expectation of interest rate cuts this year is getting closer and closer, it is the factor that helps gold prices stay positive
🔥 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: $2431, $2452, $2480
Support : $2365, $2335
🔥 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
NF - important data ! $2390 entries expected⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The ongoing risk-on climate, represented by global equity market increases, could limit any extreme XAU/USD rally. Traders may hold off on strong bets until the US monthly employment data release. The Nonfarm Payrolls report will shape expectations of future Fed policies, impacting USD demand and giving new momentum to the precious metal, which is set to record gains for a second consecutive week.
⭐️ Personal comments NOVA:
Gold price has positive optimism in early July. NF opportunities for prices to continue to rise, expected price range $2390 - $2400
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2390 - $2392 SL $2400
TP1: $2380
TP2: $2365
TP3: $2350
⭐️ 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
XAUUSD - hanging high above the 236x threshold
Gold from past to present I see that Plan Sideway is reacting around 6>8 prices.
There's a lot of news on Friday, so I think Gold is easy to scan in both directions. If anyone trades today's news, you should wait for the news to come out before trading.
Today I Will Still Watch To Buy Gold According To The Trend Of MA.
> Everyone please refer to Buy Gold around 2354>2358
SL 2350
TP 2366>237x
This plan If Gold cannot increase strongly but still reacts in the Sideway range, then sell Gold right at the candlestick 2365>2366.
SL 2368
TP 2360>2354
For Selling, you should go for a small volume. The main thing is to Buy according to the Trend, everyone
--
--World gold costs did now no longer range a great deal throughout the United States Independence Day holiday. The marketplace is awaiting US non-farm payroll facts to be launched today. Market analyst Christopher Lewis of FX Empire stated that this record could have a massive effect on gold costs withinside the future. Lewis stated that if gold costs fall after the record, buyers ought to see it as a shopping for possibility due to the fact this valuable metallic is in an uptrend and will reach $2,400/ounce or greater way to the boost. through sturdy call for from principal banks and shelter-in-area shopping for because of issues approximately geopolitical tensions.
Previously, on July 3, the United States introduced a brand new non-public area employment record in June of 150,000 jobs, down from 157,000 jobs in May and decrease than expectancies of 160,000 jobs. Initial unemployment gain programs final week have been 238,000, better than the 235,000 formerly forecast and better than the 233,000 performed the preceding week.
Weak non-public employment facts precipitated the USD to fall sharply, assisting gold costs to upward push to a 2-week excessive yesterday.
#xauusd July 4th Trading Strategy
#xauusd Today is July 4th, and I bring you accurate and perfect profit signals every day. It has been three consecutive days that everyone has made huge profits.
Currently, gold is fluctuating between 2350-2365, so it should be within the range today.
Today's activity range of gold is between 2327-2382. So we have another buying area and selling area.
1/Buying range
Buy 2341--2345 (this price will be more suitable for scalping. Profit 40pips or more)
Buy 2331-2334 sl2371 (no more selling after breaking through this price)
2/2 Selling area
Continue yesterday's trading signal. If you hold an order for 2362-2365. You can continue as planned. Of course you can win profits at the right price
sell 2360-2365 (near sl2369.5-2371, there is a resistance point here. We can observe)
2377-2382 (a reasonable price to sell. If it exceeds this price, it is no longer suitable to sell)
I will update my analysis almost every day. If you like it, please like it and join me. Thank you.
XAU continues to increase - break $2350⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) marginally increased during Thursday's Asian session, but didn't surpass the near two-week high reached previously. The strong global equity market is hindering the safe-haven metal during the US Independence Day holiday. Traders are awaiting Friday's US Nonfarm Payrolls (NFP) report before making further investment decisions.
⭐️ Personal comments NOVA:
Gold price after breaking 2350 from the sideway zone 2310 - 2350, the Uptrend prevails, the Bulls prevail.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2349 - $2347 SL $2342
TP1: $2355
TP2: $2368
TP3: $2380
🔥BUY GOLD zone: $2337 - $2335 SL $2330
TP1: $2345
TP2: $2352
TP3: $2360
⭐️ 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
India's Love Affair with Gold Loses Its Luster as Prices SurgeIndia, a nation long synonymous with its insatiable appetite for gold, is witnessing a shift as record-high prices force consumers to reconsider their love for the precious metal. Shops like Shaik Ameen's Gold Palace in Bengaluru are experiencing a slowdown in pre-wedding purchases, a time typically marked by a surge in gold buying.
Traditionally, gold has held immense cultural and social significance in India. It's seen as a symbol of prosperity, plays a vital role in weddings and festivals, and serves as a form of secure investment, particularly for rural populations. This deep-rooted affinity has earned India the title of the world's largest gold consumer.
However, recent price hikes are dampening this enthusiasm. The global price of gold has been on an upward trajectory, driven by factors like geopolitical tensions and inflation concerns. This surge has translated into near-record highs in the Indian market, putting a strain on household budgets.
The impact is evident in stores like Ameen's. Shopkeepers report a decline in customer footfall and a shift in purchasing patterns. Customers are opting for smaller quantities or delaying purchases altogether.
This trend extends beyond just everyday consumers. Even brides, who traditionally adorn themselves in elaborate gold jewelry for their wedding ceremonies, are exploring alternatives. Some are turning to artificial jewellery, which offers a more affordable way to achieve a similar look.
Despite the slowdown, it's important to note that the impact isn't uniform across all segments of society. Wealthier individuals seem less deterred by the high prices. Their strong financial standing allows them to continue indulging in larger gold purchases.
This disparity highlights the socioeconomic factors at play. For many middle-class and low-income families, gold purchases are often meticulously planned and saved for. Rising prices can significantly disrupt these plans, forcing them to cut back or postpone purchases entirely.
The implications of this shift in consumer behavior are far-reaching. It could lead to a decline in gold imports, which have a significant impact on India's trade balance. It could also influence the fortunes of domestic jewellers, who may have to adapt their offerings to cater to a more price-sensitive market.
Looking ahead, the future of India's gold demand remains uncertain. Much will depend on the trajectory of global gold prices. If prices stabilize or decline, consumer sentiment could rebound. However, if the current upward trend continues, the love affair between India and gold may face a long-term strain.
Here are some additional points to consider:
• The rise of alternative investment options like digital gold could also be a contributing factor to the changing dynamics of the Indian gold market.
• The Indian government's policies on gold imports and duties can also influence domestic prices and consumer behavior.
• The cultural significance of gold in India may still ensure a continued demand, albeit at a potentially lower level.
Overall, India's relationship with gold is undergoing a period of transition. While the love affair may not be entirely over, the current economic climate is forcing a reevaluation of this deeply ingrained tradition.
xauusd July 3 trading strategy
#xauusd Today is July 3rd. Every day I bring you accurate and perfect profit signals, I think today will not be a surprise
Today gold broke 2343. So there should be a new trend today.
Today's activity range of gold is between 2327-2371. Let's continue to talk about trading in two areas.
1/2327-2371 range
buy2329-2331/2333-23237 tp2350 (this price will be very safe, at the junction of the H dividing line)
sell2360-2365 sl2371 (breaking this price will no longer sell)
2/Outside the range of 2327-2371.
If the hourly line breaks through 2327, then gold will continue to fall.
sell23272-2325 tp2318 or more
Hourly line breaks through 2371. Then gold will continue to rise
buy2369-2371 tp2375 or more
I update my analysis almost every day. If you like me, please give me a thumbs up. And join me. Thank you everyone.
XAUUSD - Sharp reversalSELL 2360-2365
SL 2370
TP 2340 - 2330- 2300
---------------------------
BUY when break 2372
TP 2380-2400
SL 2360
---------------------------
World gold rate stood at 2,361 USD/ounce, a pointy boom of 32 USD/ounce as compared to the equal hour the previous day morning. Converted on the financial institution change fee except for taxes and fees, the arena gold rate is ready 72.five million VND/tael, approximately 4.forty eight million VND/tael decrease than the SJC gold rate sold.
World gold charges jumped greater than 1% for the duration of the session, attaining the very best stage withinside the beyond 2 weeks as new facts strengthened forecasts that the United States Federal Reserve (Fed) will lessen hobby fees in September. The marketplace is presently having a bet at the opportunity The opportunity of the Fed slicing hobby fees in September is 68%.
Last week, the variety of programs for US unemployment blessings elevated for the primary time. US provider enterprise hobby in June fell to a four-12 months low amid a pointy drop in orders. Experts say that that is a sign that the economic system is dropping momentum on the quit of the second one quarter.
At the maximum latest assembly in June, Fed officers admitted that the United States economic system became slowing down and "rate stress is easing". Investors are presently anticipating the non-farm payroll record to be launched this Friday to higher examine the opportunity of this company adjusting hobby fees.
XAUUSD Gold Technical Analysis and Trade Idea - Trading A Range👉🔍 XAUUSD is curently rangebound and we are looking for an opportunity into the London Open. Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅