XAUUSD- Gold price cannot cool down in the short termGOLD nowadays is going for walks above the 235x zone. With this rhythm, on body D1, I see that the candles are going for walks absolutely above the MA. In addition, as on Zoom final night, I additionally stated that Gold will without difficulty react barely with the parallel resistance location at 2356>2360.
>If at this Beat Gold will increase strongly thru this Zone, it's miles probable that Gold will growth strongly once more with the aid of using 238x.
Today you may confer with Canh Buy GOLD round 2348>2352
SL 2346
TP 2360>237x.
Surely Gold can have mild declines. But for now, nowadays I will observe the primary Trend`s Plan to trade. If there's any new information, I will replace greater everyone ❤️❤️
Xauusdbuy
XAUUSD:Bulls still have another chance to attack
Gold began to rebound after falling to near the starting point of this rise. Now it is approaching the resistance level, the indicators have begun to weaken, and it is facing another direction choice.
If it breaks through, there will be a large rise, followed by a downward trend. If it cannot break through and falls back first, it means there is another chance for an upward move, so the trading strategy is to go long at a low level.
In the large-level time cycle, shorts are still the main force, with strong rebound resistance at 2368-2383-2391. The short trend of the large-scale cycle still maintains around 2280 or even around 2230-2200.
GOLD / XAUUSD Mine Robbery Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist GOLD Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought & Oversold / Consolidation / Trend Reversal at the level Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
💡 XAUUSD: Analysis May 24Gold had its second sharp decline in a row, continuing to create a price bar in the form of a bearish marubozu candlestick pattern with a wide range, showing that the downward price thrust is maintained. The false break that created the bull trap above is actually forming a downward thrust in accordance with technical analysis theory. Gold D1 chart structure is currently moving sideways in a bullish trend.
H1 gold continues to have a downward momentum with strong momentum, shown by its high slope and price behavior sticking along the lower border to go down. The bearish model in the form of a Parabolic Curve also confirms a strong downward force, but an excessive state may have formed, making it easier to rebound than to continue decreasing. Today's expectation for H1 Gold is to catch the rebound to sell down from above, not chase down from below.
💡 H1 trend: Gold decreases.
Today trading idea: Sell gold.
💡 XAUUSD: Analysis May 27After 3 consecutive days of decline, especially the last 2 days of strong decline, Gold D1 rebounded at the end of the week. But considering that bar D1 increased with a narrow amplitude and an upper shadow, and closed below half of the amplitude, the upward push was insignificant, and was even still blocked from selling from above. D1 Gold chart structure is reflecting a sideways trend in favor of price increases.
The main trend of H1 Gold is still down, shown by the gradually lower top and bottom structure. The current bullish cross pullback period can create a bear flag pattern - a chart pattern that continues the downward price trend. The main trend of H1 Gold today is to wait for selling from the resistances above.
💡 H1 trend: Gold moves sideways.
Today trading idea: Sell Gold.
XAUUSD - gold recovered strongly on MondayThe outcomes of Kitco News` weekly gold survey display that almost all of Wall Street analysts are expecting a lower in gold costs. Meanwhile, 1/2 of of retail investors polled nonetheless trust the valuable metallic ought to flow better withinside the coming days.
Lukman Otunuga, an professional at FXTM, stated that the current gold sell-off ought to create numerous downward strain on gold costs withinside the close to destiny. This week keeps to have little monetary information published.
Sharing the equal opinion, Colin Cieszynski, Chief Market Strategist at SIA Wealth Management, stated that the marketplace having a vacation consultation and the dearth of primary monetary occasions might also additionally motive gold costs to now no longer vary strongly on the stop of the month.
The gold marketplace is listening to inflation information with the center non-public intake expenditure index (PCE). This is the favored inflation degree of americaA Federal Reserve (Fed). At the modern-day boom rate, US annual inflation can be handiest 3%, or nonetheless lots better than the Fed's 2% target.
Investors trust that it is going to be hard for the Fed to reduce hobby quotes this summer. They are expecting the Fed will handiest behavior one reduce via way of means of the stop of the year.
Gold fee forecast
The brilliant monetary information this week is inflation information, economists will take note of the up to date GDP document and patron self belief information.
Evaluating the gold marketplace, Mr. Lukman Otunuga stated that gold costs ought to fall to the help degree of 2,three hundred USD/ounce or lower.
Meanwhile, Daniel Pavilonis, senior commodities dealer at RJO Futures, is constructive approximately gold's destiny prospects. He stated that after hobby quotes lower, gold costs ought to target $3,000.
XAUUSD - still full of potential for investorsLast week, international gold fees continuously "plunged" after breaking all of the information conquered in April. Kitco News`s present day weekly gold survey consequences confirmed that greater than 3-quarters of professionals accept as true with gold fees are strong or will fall withinside the close to term, at the same time as 1/2 of of retail buyers nonetheless accept as true with the treasured steel may want to pass better withinside the coming days.
Looking at gold's fluctuations remaining week, senior marketplace analyst Darin Newsom of Barchart.com stated that gold is probably to say no this week.
Sharing the equal view, Bannockburn Global the Forex market CEO Marc Chandler additionally sees similarly disadvantage dangers for gold withinside the close to future. According to Chandler, the cause gold set a document excessive early remaining week at 2,450 USD/ounce became due to the fact the marketplace reacted to facts associated with the coincidence that claimed the lifestyles of the President of Iran. However, the power of the USD triggered gold to be offered off and plummet to almost 2,three hundred USD/ounce.
Besides, the lower in call for for gold from Chinese buyers is likewise a drawback for this treasured steel. Chandler forecasts that gold's preliminary resistance this week is at $2,375/ounce. Support is withinside the variety of $2,275 to $2,three hundred according to ounce.
Market strategist Colin Cieszynski of SIA Wealth Management is impartial on gold this week. He stated that the gold marketplace may be quiet this week with out essential events.
Reports launched this week include: Consumer self assurance record, initial record on GDP withinside the first sector of the US, weekly unemployment gain applications, pending domestic sales, Personal intake expenditure reviews at the side of non-public profits reviews withinside the US.
Meanwhile, Chairman Adrian Day of Adrian Day Asset Management believes withinside the power of gold with the expectancy that the marketplace will witness a healing after a first-rate sell-off remaining weekend. Gold's resilience to any decline in fees during the last 3 months has been astonishing, he stated.
Sharing the equal positive view, senior commodity dealer Daniel Pavilonis of RJO Futures stated that the latest decline in gold fees simplest lasted for a brief time and that is a shopping for possibility for buyers. Pavilonis predicts that this treasured steel will probably boom to 3,000 USD/ounce. If the Fed loosens financial policy, gold fees will boom even greater.
Gold Rush: Fund Managers Flock to Record-Breaking Gold PricesGold is gleaming brighter than ever. Earlier this week, prices surged to record highs, igniting a firestorm of bullish sentiment among fund managers. This marks the most optimistic outlAook for the precious metal in over four years, according to a recent report. This article delves into the factors driving this renewed enthusiasm for gold and explores the potential implications for investors.
A Record-Breaking Rally
Gold's recent price surge is undeniable. Fueled by a confluence of global uncertainties, the yellow metal has reached uncharted territory. Investors are witnessing a classic case of safe-haven buying, where gold is perceived as a reliable store of value during times of economic and geopolitical turmoil.
Fund Managers Turn Bullish
This record-breaking rally has not gone unnoticed by professional investors. Fund managers, who meticulously analyze market trends and identify investment opportunities, have become the most bullish on gold in over four years. This shift in sentiment is evident in their actions. Data reveals a significant increase in net-long positions in Comex gold futures and options by hedge funds and other large speculators.
What's Driving the Gold Rush?
Several factors are contributing to the current gold rush:
• Geopolitical Tensions: Ongoing conflicts and regional instability create uncertainty in the global economy, prompting investors to seek safe-haven assets like gold.
• Inflation Woes: Rising inflation erodes the purchasing power of traditional currencies. Gold, with its historical reputation for holding its value, becomes an attractive hedge against inflation.
• Central Bank Activity: Central banks around the world, particularly in major economies, are adopting accommodative monetary policies to stimulate growth. This can lead to concerns about potential currency devaluation, further bolstering the case for gold.
• Demand from Asia: Robust demand for gold from major Asian economies, particularly China and India, continues to provide significant support for prices. These regions have a long-standing cultural affinity for gold, driving both consumer and industrial demand.
Is This a Sustainable Trend?
The sustainability of this bullish trend for gold remains a question mark. Here are some factors to consider:
• The Global Economic Outlook: If the global economy strengthens and geopolitical tensions ease, the demand for safe-haven assets like gold could decline.
• Interest Rate Movements: Rising interest rates can make gold, a non-interest-bearing asset, less attractive to investors compared to interest-bearing alternatives.
• The Strength of the US Dollar: The US dollar has a strong inverse relationship with gold prices. A strengthening dollar can put downward pressure on gold prices.
Investing in Gold: Weighing the Options
Gold's recent resurgence has sparked renewed interest from investors. However, there are various ways to participate in the gold market, each with its own advantages and disadvantages:
• Physical Gold: Investing in physical gold bars or coins offers direct ownership of the metal. However, there are storage and security considerations associated with this approach.
• Gold ETFs: Exchange-traded funds (ETFs) backed by physical gold provide a convenient and liquid way to invest. These offer lower barriers to entry compared to physical gold.
• Gold Mining Stocks: Investing in gold mining companies offers the potential for amplified returns if gold prices continue to rise. However, these stocks are subject to the inherent risks associated with the mining industry.
Conclusion
The record-breaking rise in gold prices and the bullish sentiment from fund managers present an intriguing opportunity for investors. However, careful consideration of the driving forces behind this trend and a thorough evaluation of investment options are crucial before diving into the gold market. Understanding your risk tolerance and long-term investment goals will help you decide if gold has a place in your portfolio. It's important to remember that past performance is not indicative of future results, and even safe-haven assets like gold can experience price fluctuations.
XAUUSD:2280 is just around the corner
The current shape of gold is similar to the head and shoulders. Analyzing the shape combined with indicators, there is a high probability that it will rise first and try resistance. Therefore, the trading strategy continues to be long first and then short, focusing on the 2358-2369 range.
If a head and shoulders are formed, a decline to 2280 is inevitable. At that time, the large-cycle graph will have a double top.
If the shorts are strong, it is very likely that this time it will fall to the 2230-2200 line, and then a large-cycle upward trend will be formed. Therefore, the market is currently brewing a new opportunity, and I hope everyone can seize it!
💡 XAUUSD: Analysis May 23Gold had a strong decline yesterday, creating bar D1 with a wide range and closing close to the bottom, showing strong selling pressure during the day. This down day officially closed below bar D1, creating a bearish pinbar that formed a false break above, thus confirming this false break. This is a technical factor that can cause Gold D1 to slow down and keep moving sideways but not increasing again. Gold D1's chart structure is currently cumulative in the price range, with the main tendency to increase. Gold falling and closing below the round number of 2,400 is also a technical factor for weakness.
The downtrend for H1 Gold has formed after a strong price decline and the recent establishment of a new low price bottom. Both bearish momentum and structure support the idea of waiting to sell for H1 Gold today, supported by price action confirming a false break at D1. The selling zone for Gold H1 today will be the confluence of the round number 2,400 above. Because Gold is currently touching support and breaking out of the lower border, showing the possibility of being oversold, selling to the bottom will no longer be a priority.
💡 H1 trend: Gold decreases.
Today trading idea: Sell Gold.
XAUUSD - continue the downward trendThe gold marketplace is being substantially stricken by the Fed`s coverage stance at the duration of time it takes to reduce hobby rates. Experts say that US inflation reviews are nevertheless now no longer as anticipated. Thereby, the timing of the Fed's hobby fee reduce is unclear.
According to the Wall Street Journal, gold's restoration during the last numerous months is specially because of primary financial institution buying, specifically call for from Chinese investors. However, gold turns into greater hard as primary banks round the sector are beginning to diversify the USD with belongings that produce other redeemable values except gold. These elements will sincerely preclude the momentum for gold going forward.
Gold fee forecast
Experts from the World Gold Council expect that in spite of the Fed's difficult arguments on financial coverage in latest times, gold will nevertheless hold its upward momentum withinside the coming time.
Wall Street analysts stated that it's going to take the marketplace longer than anticipated for the Fed to decide for positive whether or not inflation has clearly reduced or now no longer. Therefore, gold will stay caught in financial coverage for pretty an extended time.
GOLD: On the way $2500,Technical and Fundamentals Strong BullishOANDA:XAUUSD
Price continued the uptrend as we had advised in our previous chart analysis, however, as the price reached $2443 where many big banks and institutional buyers cashed out led price to drop significantly. However, we expect price to grow towards $2500 which area remain a next big bull run. Currently, both fundamental and technical indicates further growth in the price. The price can rebound from 2406.
**Please Like and Comment our ideas which will encourage us to bring you more Ideas like these**
Team Setupsfx_
XAUUSD:Long first, then short
Gold continues to fall. It has dropped nearly 60$ from 2410 to now. The current main support is around 2352. The trading is long first and then short. On the rebound, focus on the resistance near 2378.
There is data today, please pay attention to risk control when trading during U.S. market time. Friends who want to follow my trading data, please contact me in advance.
XAUUSD plummeted - any opportunities for current investors?The lower in gold charges specifically triggered the USD to growth once more and the final strain become more than the energy of call for for gold. Selling hobby improved after the treasured steel did not regain the brink of 2,430 USD/ounce. Pressure to promote speedy World gold rate beneath 2,four hundred USD/ounce.
The USD become supported after many US Federal Reserve (Fed) officers issued warnings that the Fed had to be greater cautious and make certain to take gain of the cooling facility earlier than determining to reduce hobby prices for the primary time.
Although US economic coverage has come to be a secondary thing withinside the gold market, taking gain of the timing ought to create promoting strain as it may pressure the Fed to elevate hobby prices once more. In current days, participants of the economic coverage board have stated that even as they're now no longer equipped to reduce hobby prices due to the fact they're nonetheless elevating them, in addition they do now no longer see a manner to elevate them. However, assembly mins display the opportunity of some other acceleration.
Many specialists are constructive that gold charges will retain to growth withinside the close to future, however maximum aren't positive whilst gold will attain 3,000 USD/ounce. Momentum may be given as the principle foreign money of the Fed.
Global golden like. However, even as the Fed has but to determine to unwind economic coverage, advisers are cautiously looking monetary information to look if they may set off the Fed to pivot.
💡 XAUUSD: Analysis May 22Gold decreased yesterday, but with the structure of bar D1 decreasing with a narrow amplitude, lower shadow and closing above half of the amplitude, buying power is still shown from below. Considering that the price is located around the old peak, that is, the resistance zone, the price behavior is happening like that, showing that the buying force is maintained. This is positive for the price increase. The structure of Gold D1 is sideways in the price range, overall it is inclined to increase.
H1 gold moves inside the accumulation price range, showing a sideways period. Because both time frames tend to favor price increases, H1 Gold today can continue to wait to buy from the support areas below. The area just below the confluence with the round number 2,300 adds to the strength of support.
💡 H1 trend: Gold moves sideways.
Today trading idea: Buy Gold.
XAUUSD - Falling verticallyGold fees fluctuated sharply while a few US Federal Reserve (FED) policymakers encouraged that the corporation wait some extra months to make sure inflation without a doubt cools down, earlier than beginning to cut. hobby rate.
Reacting to this information, the USD accelerated in charge in comparison to the Euro and lots of different currencies. Gold charge these days is in a disadvantageous position.
Under strain from the USD, speculators might also additionally fear that retaining gold will lessen profitability. So in remaining night`s buying and selling session, while gold changed into buying and selling withinside the area of 2,four hundred USD/ounce, they vastly bought out.
Gold fell below 2400 as expected, continue to short goldYesterday and today I have been emphasizing that gold will point its sword at the 2395-2390 area, and 2390 is coming. Unexpectedly, gold fell more than expected, touching around 2382. We shorted gold today near the 2418 and 2413 positions, hitting TP: 2407 and 2401 respectively. The profit in these two transactions was more than $11K, which is a pretty good trading result. After gold fell back, we currently hold a long position in gold near 2387 and set a small TP: 2395. We hope that gold will rebound and hit TP again.
At present, gold has formed a large negative line and fell below the wedge structure. It has not even been able to hold the 2390 position and break through important short-term support. Short momentum is strong. Although gold has been supported near the 2380 position and has rebounded, the overall rebound strength is still relatively lacking, so I think there are no conditions for a big rise for the time being. This is why I only set the TP of the long position at 2395. Then, gold may not see a retaliatory rebound in the future, and may digest the sharp decline with shocks.
So in terms of trading next, I will wait for gold to hit TP: 2395, and then wait for gold to rebound before shorting gold. In the short term, the upper side will focus on the resistance in the 2405-2410 area. The Federal Reserve will release the minutes of its monetary policy meeting later, which may affect the short-term gold trend, and we also need to pay close attention to it.
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. !
Accurate trading signals for today
From the daily chart, the gold price is currently in an upward structure, and the trend is well maintained. The moving average system also shows that the gold price has not gone short. But the 4-hour short-term upward trend line has been broken.
From the perspective of the golden ratio, the current support of the gold price is at 0.236. This adjustment is a weak callback. The 1H Bollinger trend closed and then flattened, which is a typical shock signal. Therefore, although the bullish structure on the daily chart is intact, the small cycle is currently in a shock structure. The shape is now in a converging triangle state, so it is difficult to say whether to be bullish or bearish. There is no overwhelming technical reason. So if you say you are bullish or bearish, you really can't see the direction. But in terms of operation, what we can do is to sell high and buy low. According to the trading rules, you should sell when you encounter pressure and buy when you encounter support.
Today's support is at 2406 and the pressure is at 2428. The current price is obviously sold, there is no good position to set a loss, and the profit ratio is not suitable. Therefore, it is also necessary to buy at this position.
XAUUSD: Continue shorting after rebound
After falling below the support, it fell rapidly. It has now reached the support platform and the rebound resistance is near 2400. The probability of a direct rise is unlikely, so we continue to focus on shorting after the rebound. The lower support first focuses on the vicinity of 2378.
Will gold continue to rise?
First, the gold daily level: From the current pattern, on the one hand, the price broke through the previous historical high of 2432, on the other hand, the 5-day moving average continued to rise, which is a strong unilateral continuation, because it is not a continuous positive, but a two-positive and one-negative pattern; therefore, today may be closed with a small negative cycle, and the next day or two will continue to be a positive unilateral attack, the key support point is still the 5-day moving average, moving up to 2400, today this position continues to be bullish, this week there is hope to hit 2460-2470
Second, the gold hourly level Special: Today's Asian session fell, and the European session was in a range of consolidation; from the figure, we can see that the short-term upper track is suppressed below 2425, and the short-term support is above 2409; before 2425 is broken and stood above, there may be another wave of declines and then stabilized and pulled up. At that time, pay attention to the support of 2409 and the stabilization of the first-line support of 2400; on the contrary, if 2425 breaks through and stands above in advance, it will all be washed back today, engulfing the decline in the Asian session, impacting 2432-2433, and even continuing to break through 2440-2450;
Will gold continue to break through 2450?
Daily chart:
Already reminded before: 2340+2290
Already reminded: Only by maintaining a short-term anti-Dan state can there be a chance of rising
Only if you keep rising will you have a chance to rise
It has stood above 2340 and started to rise slightly in the short term.
Stay above 2350--65, strengthen in the short term
Staying above 2385, it has risen by 2450
It initially remains above 2400, and the trend becomes stronger.
Stay above 2425 and see around 2460
Staying above 2450, there is a chance to continue to rise to 2450--2480-2550 in the short term
Stay below 2375--2410 and start short-term profit taking
Stay below 2335, strong in the short term
Stay below 2310 and turn into a weak decline