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Xauusdbuy

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.
OANDA:XAUUSDLong
by TheLeader_WOLF
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
OANDA:XAUUSDLong
by Nova-Scalper
2
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
OANDA:XAUUSDLong
by Nova-Scalper
2
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.
OANDA:XAUUSDLong
by TheLeader_WOLF
#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.
FX:XAUUSDShort
by MaudEvans
2
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
OANDA:XAUUSDLong
by Nova-Scalper
2
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.
OANDA:XAUUSD
by bryandowningqln
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.
FX:XAUUSD
by MaudEvans
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.
OANDA:XAUUSDShort
by TheLeader_WOLF
Still mainly long gold after falling backToday we bought gold in the 2324-2320 area several times and successfully exited with a profit! We made a relatively good profit. Personally, we made more than 10K profit in gold long trades today, which is a good result! At present, gold is once again in a narrow range of fluctuations, with no clear direction, which brings certain difficulties to short-term trading. But in fact, as long as gold holds the 2318 defense line, I think gold will continue to rise. So before gold falls below 2318, the decline of gold is just compression. The more severe the compression, the more violent the rebound may be. Although gold has encountered resistance in the 2330-2335 area many times, with the kinetic energy accumulated during the compression process, it is enough to support gold to break through the 2330-2335 area, and may even continue to rebound to the 2350 area. Therefore, before gold falls below 2318, I will still mainly go long gold on the fallback! Secondly, be cautious about shorting gold using the 2335-2340 area as resistance, but when gold breaks through this resistance area, take advantage of the trend and go long gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
1
Gold recovers - short-term increase⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices rose at the start of the week, buoyed by expectations of a September interest rate cut by the Fed and signs of subsiding inflation. The dip in US manufacturing sector for a third month and declining factory input costs further supported this outlook. Additionally, China's economic concerns, global geopolitical tensions, and political uncertainty in the US and Europe fostered appeal for the safe-haven asset. ⭐️ Personal comments NOVA: Gold price in early July increased slightly thanks to economic data that is not good for the dollar - target below $2350 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2305 - $2307 SL $2300 TP1: $2315 TP2: $2322 TP3: $2330 🔥SELL GOLD zone: $2358 - $2360 SL $2365 TP1: $2350 TP2: $2340 TP3: $2330 ⭐️ 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
5
Gold trading strategy for July 2 #XAUUSD Hello everyone, today is July 2, 2024. My analysis yesterday brought you huge profits. About 280pips I think today's trading still needs to focus on the 2318-2322 range below and the 2340-2343 range above. So trading within the range 1/Trading within the range of 2317-2343 can be scalped: Buy 2313-2318 tp2327-2332 Sell 2336-2340 tp2332-2328 If any range in this range is broken, I think a new trend will be formed: I will give you several buy and sell trading signals for your reference. 2/Trade outside the range 2317-2343 Buy 2302-2305 tp2311-2317-2322-2329 Sell 2349-2352 tp2345-2341-2333 I hope my analysis can help you win in trading. If you are interested in my analysis, please join me
FX:XAUUSD
by MaudEvans
2320! Go long gold!Although gold has formed a head and shoulders top pattern at the short-term level, the momentum has turned to neutral, and gold has failed to effectively fall below the 2320-2318 area many times during the decline. Instead, it has formed a head and shoulders bottom pattern at the hourly level, and the shoulder support is exactly in the 2320-2318 area. So gold can still use this as support to continue to rebound. In addition, gold has never fallen below 2318 during the decline, so I think the decline of gold is just compression. The deeper the compression, the more violent the rebound may be. It may even continue to rebound to 2340 or even 2350. So when gold falls back to the 2320 area in the short term, I will not continue to chase short gold. On the contrary, I will start to go long on gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDLong
by alongwineer
2
Trading entries and why investors are flocking to precious metalAsian Session Gold Today is reacting above the 233x zone. With the Trend Rhythm in D1 nevertheless reporting a lower and the Short Frames are reporting an increase. So today`s buying and selling factor I will input in keeping with the vintage charge frames in keeping with help and resistance. > For Shortwave, you could talk over with Buy Gold Around 2328>2330 SL 2325 TP 2336>234x If Gold will increase however does now no longer destroy via the 2338>2340 zone, then Canh Sell Gold Always on this Zone SL 2342 TP 2330>2326 Everyone can display and look ahead to transactions in keeping with the Plan I recommend. The marketplace has new developments. I will replace later -- Gold price forecast General Director Marc Chandler of Bannockburn Global Forex analyzed that if the price of precious metals increases beyond the mark of 2,350 USD/ounce, it will continue to increase to 2,360 USD/ounce, even conquering the price of 2,400 USD/ounce. Marc Chandler predicts that the French election and the US employment report are also one of the important driving forces to push investors to pour into precious metals. David Morrison - senior market analyst at Trade Nation - said that after 2 months of consolidation, developments in the gold market are becoming increasingly attractive, especially when inflationary pressures ease. Morrison forecasts that gold prices will exceed $2,350/ounce in July. Other analysts noted that gold is still in a strong uptrend as the price remains at the support level above 2,300 USD/ounce.
OANDA:XAUUSDShort
by TheLeader_WOLF
Gold trading analysis on July 1 #XAUUSD Hello everyone, today is July 1, 2024. Today is the first trading day of this month. I hope my analysis can bring you some trading profits: I think today's trading is not difficult. We need to pay attention to the range of 2318-2322. And the range of 2340-2343. 1/Trading within the range can be scalped: buy2318-2322 tp2327-2332 sell 2336-2340 tp2332-2328 If any of the ranges in this range is broken. I think a new trend will be formed: I will give you several buy and sell trading signals for reference. 2/Trading outside the range buy2303-2307 tp2311-2317-2322-2329 sell2349-2352 tp2345-2341-2333 If these price ranges are reached, I think it is very worthwhile to trade. Of course, there will be non-agricultural and various news releases in the next few days. I will also actively update my thoughts and signals.
OANDA:XAUUSD
by MaudEvans
2
Fed could trigger a sell-off in the marketAt the beginning of the week, Gold is having a slight sideway rhythm around the 232x area. With the current Trend Rhythm, I will wait for more clear price zones before entering the transaction. Like the Plan in D1, the Trend is still down, so I will consider Selling Gold on the 233x range. Everyone, please refer to the Trading Plan for Today Canh Sell Gold around 2333>2337 SL 2339 City 2326>2320 If Today's Gold Decreases But Can't Break Through 2 Zones 2319>2322 Then Everyone Go Buy Gold In This Zone SL 2317 City 2328>2335 There is nonfarm news this weekend so everyone can slowly withdraw profits at the beginning of the week -*-- FxPro senior marketplace analyst Alex Kuptsikevich stated that the gold charge falling underneath the 50-day transferring common is a horrific sign and monetary information blended with the coverage stance of the United States Federal Reserve ( Fed) should cause a marketplace sell-off. Meanwhile, Bannockburn Global the Forex market General Manager Marc Chandler is positive approximately the yellow steel withinside the quick term. He stated that the surprising restoration of gold and making up for all of the preceding losses is sufficient to increase the charge growth of this valuable steel for the fifth consecutive month. If the charge will increase past the mark of 2,350 USD/ounce, observed through 2,360 USD/ounce, it's going to now no longer be unexpected that the mark of 2,four hundred USD/ounce is conquered. According to him, occasions which could raise gold`s restoration are the effects of the primary spherical of the French election and the United States employment report. Sharing the equal opinion, head of funding method at Zaye Capital Markets, Mr. Naeem Aslam, stated he's nevertheless positive approximately the outlook for international gold fees despite the fact that gold fees have fluctuated in a slim variety for a while. lengthy time.
OANDA:XAUUSDShort
by TheLeader_WOLF
Breakthrough in early July 2024! XAU fluctuates✍️ NOVA hello everyone, Let's comment on gold price next week from 7/1 - 7/5/2024 🔥 World situation: Gold prices fell on Friday due to a promising inflation report that suggested potential interest rate cuts from the Federal Reserve in 2024. Despite reaching a four-day high of $2,339, gold ended at $2,324, a 0.12% decrease. The US PCE Price Index report for May triggered these fluctuations, indicating a favorable future for consumers affected by price increases. 🔥 Identify: Gold price sideways accumulated for most of June 2024 from 2300 - 2365, expecting a breakthrough in early July with a recovery for Gold. 🔥 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: $2351, $2387 Support : $2317, $2297, $2270 🔥 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
1