Xauusdbuy
Does gold price action look like a giant bull? Come on baby
Gold prices hide huge buying opportunities.
2190-2194buy
2183-2187SL
tp2207-2212
Gold price continues to trend UP !! XAU INCREASE⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold rose due to a weaker US Dollar. The recent CPI report indicated slower inflation in the US, leading to expectations of rate cuts by the Fed. Lower interest rates benefit gold investment. Traders will monitor various economic indicators and speeches by Fed officials, which could impact the US Dollar and limit gold's potential gains.
⭐️ Personal comments NOVA:
Yesterday's economic data such as CPI contributed to a stable increase in Gold. The long-term H4 frame shows that Gold continues to increase, returning to the old peak of 2430 is entirely possible.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2365 - $2367 SL $2360
TP1: $2375
TP2: $2390
TP3: $2410
🔥SELL GOLD zone: $2410 - $2412 SL $2417
TP1: $2400
TP2: $2392
TP3: $2380
⭐️ 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
World gold prices continued to increase quite strongly for the sWorld gold spot price is around 2,395.3 USD/ounce, up 25.3 USD/ounce compared to overnight. Gold futures price in June 2024 on the Comex New York floor is at 2,398.8 USD/ounce.
Gold price today is trading on the world market at 2,370 USD/ounce. Gold delivered in June 2024 on the Comex New York floor is at 2,374 USD/ounce.
World gold price on the night of May 15 is about 14.9% higher (307 USD/ounce) compared to the end of 2023. World gold price converted by USD bank price is 73.5 million VND/tael, including Taxes and fees are about 16.7 million VND/tael lower, so the domestic gold price is as of the last afternoon of May 15.
World gold prices continued to increase quite strongly for the second consecutive session. According to the US Department of Labor, the consumer price index (CPI) increased by 0.3% in April, lower than the previous month's increase and lower than the forecast of a 0.4% increase by experts in the Dow poll. Jones.
💡 XAUUSD: Analysis May 15After a slow start to the week, gold prices recovered on Tuesday, reclaiming the $2,350 mark. If the upside gains accelerate in the coming trading sessions, the next technical hurdle lies near trendline resistance at $2,370. Removing this barrier could spur increased buying activity, setting the stage for a potential rally to $2,420 and even $2,430.
In the event of a bearish reversal and drop below $2,350, there is no significant support area nearby, suggesting that any downward movement could progress towards $2,280 - the relevant technical floor next on the map. Further losses below this point could give way to a drop to $2,260, a key area corresponding to the 38.2% Fibonacci level of the 2024 rally.
XAUUSD has now increased to 239x.GOLD has now accelerated to 239x. With this Trend, it's miles very feasible that Gold will growth through 24xx withinside the quick term, all and sundry. If everybody has been following current movies or comments, from these days I advocate and percentage with all and sundry the Perspective of Buying GOLD from the location 2306>2308.
>Today I`m nevertheless following the uptrend, however I'm additionally going to promote on small beats and comply with Rsi too. Buy on huge frames.
>With Current Price, You Can Buy GOLD Around 2383>2386
SL 2380
TP 2396>24xx
>Certainly Today Gold can even have mild reversals while reacting to Rsi being overbought. When selling, you must simply attempt to promote. Surf from 3>four prices, then take a look at the candles with MA and change in keeping with an appropriate trend.
GOOD LUCK MN ❤️❤️
CPI, an opportunity for Gold prices to continue to increase⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The gold price (XAU/USD) rose slightly due to a weaker US Dollar (USD). Factors like strong demand, central bank purchases, and geopolitical risks in the Middle East supported gold. However, hawkish comments from Federal Reserve officials, including Chairman Jerome Powell's suggestion of higher interest rates for a longer period, may push gold lower in the short term.
Later today, the US Consumer Price Index (CPI) for April will be released, providing insight into the timing of the Fed's rate adjustments. Additionally, Retail Sales for April will be published, offering information on consumer spending trends. If inflation data exceeds expectations, the Fed may adopt a more aggressive stance, strengthening the Greenback and putting pressure on USD-denominated gold.
⭐️ Personal comments NOVA:
Today's CPI data continues to be evaluated by experts in favor of Gold. Gold price is still moving within the H4 long-term price increase range. Today's expected resistance levels are $2376, $2390
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2346 - $2348 SL $2343 scalping (European and Asian sessions )
TP1: $2352
TP2: $2358
TP3: $2370
🔥SELL GOLD zone: $2376 - $2378 SL $2381( scalping )(European and Asian sessions )
TP1: $2370
TP2: $2365
TP3: $2358
🔥SELL GOLD zone: $2390 - $2392 SL $2397
TP1: $2380
TP2: $2370
TP3: $2358
⭐️ 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
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Fibonacci Level - 23.60%
CPI signal Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now buy 2364
Target 2400
XAUUSD:A double top may form
Gold focuses on observing the support near 2358. If it falls below, there is a high probability that a double top pattern will appear, and the price will return to the 2347-2333 range again. When it cannot break the 2347-2353 resistance, the next space will be the 2318-2307 range.
💡XAUUSD: Analysis May 14Gold decreased yesterday, ending the previous streak of 2 consecutive days of increases. The previous day's D1 bar created an upward but weak breakout, and because yesterday's D1 bar closed below the bottom of the previous rising D1 bar, it turned that break into a false break - which could cause Gold's upward momentum at D1. stalled, even pulled back down. The chart structure of Gold D1 is still moving sideways and accumulating in an overall upward trend.
H1 gold is having a downward pull after the previous price increase. Price is receiving support from the confluence of the lower barrier + the upward sloping trendline below. However, because in D1 there was a false break creating a bull trap, H1 today can catch up to sell down. Will switch to buying if Gold H1 is pushed back up to the old peak, absorbing all the recent decline. At that time, you can wait to buy on the retest.
H1 trend: Gold moves sideways
Today's trading idea: Sell/Buy Gold.
XAUUSD bounced strongly on the day of the newsWorld gold fee at the night time of May 14 became approximately 13.eight% better (285 USD/ounce) in comparison to the quit of 2023. World gold fee transformed via way of means of financial institution USD fee became 72.eight million VND/tael, such as taxes and fees, approximately 16.2 million VND/tael decrease than the home gold fee as of past due afternoon on May 14.
World gold charges accelerated sharply once more after 2 classes of downward adjustment. The weakening USD at the side of growing geopolitical tensions have supported treasured metals.
At eight:50 p.m. (Vietnam time) all through the May 14 consultation at the US floor, the DXY index - measuring the fluctuations of the dollar in opposition to 6 fundamental currencies - reduced to 105.1 factors, in comparison to 105.1 factors. five factors 1/2 of an afternoon away.
World gold accelerated once more after americaA introduced that the PPI manufacturer fee index in April became better than predicted however adjusted the inflation index in March down. It makes buyers stressed whilst comparing US economic policy.
The manufacturer fee index (PPI) is a degree of US inflation.
The PPI index withinside the US in April accelerated via way of means of 0.five%, better than forecast. This places greater stress on expectancies that americaA Federal Reserve (Fed) will quickly decrease hobby rates. And this can regularly cause the USD growing or putting at a excessive level, thereby setting stress on gold.
However, March PPI became adjusted from an growth of 0.2% to a lower of 0.1%.
In fact, the USD at the start of the consultation on May 14 (withinside the US market) reduced in fee, thereby pushing the fee of gold up.
Gold fee forecast
Recently, many forecasts say that international gold charges will stagnate this summer, from May to June due to the fact the Fed delays elevating hobby rates.
However, withinside the medium and lengthy term, international gold charges will growth once more on the quit of the yr whilst americaA reverses its economic policy.
Xauusd buy Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now buy 2336
Target 2366
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Consolidation Phase in Short Time Frame
RSI - Divergence
Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
Break of Structure
Bullish Channel in Short Time Frame
XAUUSD BUY ANALYSIS 15 MINS TIMEFRAMEHere gold has made a several support and resistance moving downward indicating that sellers are still in control but finally breakout from the trendline indicating that buyers has come in it expect to rise a in other to maintain the previous resistance so going for buy is expected and targeting profits should around psychological level 2355.000
XAUUSD suddenly turned around strongly yesterdayBuy 233x
TP 235x
----
World gold expenses on May thirteen became down.
"The purpose can be that traders left the marketplace earlier than a few chance occasions this week, including Fed Chairman Jerome Powell`s speech, manufacturer charge index (PPI) and patron charge index (CPI) ", commented Phillip Streible - marketplace strategist at Blue Line Futures.
Tai Wong - an unbiased treasured metals investor in New York, stated gold optimists are involved that to lessen hobby quotes, the Fed nonetheless desires cooling inflation data, in preference to simply weaker exertions data. .
Last week, the treasured metallic elevated greater than 1%, after the United States introduced that the range of latest unemployment gain programs elevated quicker than forecast, reinforcing the opportunity of hobby charge cuts.
In a Reuters survey, a majority of economists now assume the Fed to reduce hobby quotes two times this year, beginning in September. CME FedWatch hobby charge tracker additionally suggests traders making a bet at the chance of the corporation This decreased hobby quotes in September through 63%.
Low hobby quotes will gain gold, because the tool will pay no hobby. Today, the United States will announce the manufacturer charge index (PPI) and the following day the patron charge index (CPI).
Other treasured metals additionally went up yesterday. Silver expenses elevated 0.3% to 28.2 USD an ounce. Platinum introduced 0.6%, to 1,000 USD - the best in almost a year.
Don’t be afraid, the pullback is an opportunity to go long gold Gold fell back to around 2365 today, then fluctuated and fell, and currently fell to its lowest level near 2339 and rebounded again. Gold did not fall below the 2335 position during the adjustment process, so gold as a whole still maintains a bullish pattern, and the upward trend has not changed. Therefore, gold will rise again after a short-term pullback.
Judging from the current structure of gold, although gold rose to around 2378 on Friday with the help of news stimulation, it still faces multiple resistances above, so it will take some time for gold to try to hit the 2400 position again. Therefore, there is a demand for gold to pull back to confirm support in the short term. During the correction, gold did not fall below the important short-term support area of 2335, and the bullish pattern of gold was not destroyed, so gold still has room to rise. Therefore, overall, the room for gold's correction is limited, and it is expected that after gold falls slightly, it will still be dominated by a rebound and upward tone.
Then we first focus on the support of the 2338-2236 area below; as long as gold does not fall below this area, a gold correction is an opportunity to go long gold. The top will first focus on the resistance in the 2355-2360 area, which is also the first target area for long gold, and then focus on the 2370-2375 area. Therefore, in the next trading rhythm, we will mainly focus on long gold after the pullback.
XAUUSD:Mainly short
The current chart pattern of the large level (4h) is in a short trend. After the small level has fallen, there is a rebound demand, so this week's trading focus is mainly on short selling after the rebound.
Friends who want to catch the rebound market should pay attention to risk control and it is best not to be too greedy! The short target will first look at the 233-2323 range.
GOLD an EPIC FAILThis time i definitely made an epic fail on GOLD. I was expecting a drop below the short term trendline, but i price went in the opposite direction and price pumped till the resistance level i drawed some days ago. I was studying this move, and actually i think that XAU reached a possible bounce level to resume the upside moves. Price actually is ranging above the short term resistance trendline (now support, retest completed) and it's also in a strong support zone on H1/H4 timeframe (the black box). I think that price could bounce now, otherwise a drop below the black box could give some short opportunity. I will watch the price closely waiting for a signal
XAUUSD: Go long in the 2358-2352 range
Gold hits the resistance level, and the indicator needs to be repaired. Go short first and pay attention to the support near 2352. Go long if it does not fall below. The rebound resistance is near 2368-2373. If it cannot reach the breakthrough, go short again, with the target near 2343-2337
Gold’s pullback gives opportunity to go longLast Friday, as weak U.S. economic data supported the possibility of the Federal Reserve cutting interest rates, the price of gold rose sharply, once rising to 2,378. Investors are paying attention to Powell's speech this week, as well as CPI data.
Gold's rise and fall are basically in place. On the one-hour line, bulls are firmly holding the key watershed of 2352, and the first support level of the moving average has now reached the 2360 line. Although the price of gold fell slightly below the moving average support level, the daily closing positive last Friday gave us a clear direction.
💡 XAUUSD: Is the gold trend clear yet?After the bullish signal with the extremely strong marubozu candle on the daily, the price continued to go up in the last session of the week, the 2360 level that we are observing was also penetrated, but by the end of the session the selling pressure returned. and forced the price to fall below this level, creating a rather long candle shadow above - the bearish pin bar model on daily. Therefore, buying at this time still has many potential risks, you should wait and observe more.
XAUUSD: Technical analysis of XAUUSD todayThe dollar steadied on Friday after losing ground in the previous session on weak jobs data, while sterling edged up following stronger-than-expected growth figures.
At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was trading just higher at 105.115.
The USD is on track for small gains this week
The USD steadied on Friday and is on course to gain slightly this week after falling on Thursday after data released showing a larger-than-expected gain in {ecl-294||topic data unemployment benefits request}} weekly.
This evidence of a cooling US labor market has bolstered some expectations that the Federal Reserve will begin cutting interest rates in September.
