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Xauusddaily

Gold charges extrade little; Copper additionally dropped sharplyGold awaits PCE information - the Fed`s desired inflation measure - due out this Friday. This information is broadly anticipated to persuade the Fed's outlook on hobby quotes. Gold is anticipated to stand a few resistance withinside the close to term, in particular if difficult inflation information indicates the Fed's plans to reduce hobby quotes this yr can be delayed. Last week, the crucial financial institution signaled that it plans to reduce hobby quotes through seventy five foundation factors through 2024, despite the fact that this stays depending on inflation. Comments from pinnacle Fed officials—such as Chairman Jerome Powell and FOMC member Mary Daly—can also be to be had later this week. Any sign of better hobby quotes for longer may want to stress metals markets. Other valuable metals misplaced floor on Tuesday. Platinum futures fell 0.2% to $914.60 an ounce, whilst silver futures fell 0.4% to $24.802 an ounce.
CAPITALCOM:GOLDShort
by MrTrongVo
The range of 2163-2165 is still a buying opportunityAfter the European market started, gold began to fluctuate and fall. It reached a low of 2163 during the day. However, careful friends found that the US dollar continued to fluctuate around 104.3, without major fluctuations. In other words, short selling is just a behavior of the European market. TVC:DXY Modern Jack believes that the gold shock in the European market is just an attempt by short sellers, not a real short seller. We can continue to wait for developments in the US market. Asian markets generally start with news. On the contrary, the US market is more of the beginning of actual action. At present, the price of gold still remains near 2168, which is 4 US dollars higher than the opening price. At present, bulls still have a certain advantage. Jack believes it is still a time to buy. The price of gold is supported by risk aversion in the market. The factor for the decline may be due to the reduction of ETF holdings. When demand increases. I think there is still a need for gold prices to continue to rise. OANDA:XAUUSD TVC:GOLD MCX:GOLD1!
TVC:GOLDLong
by AA_Jack
Must check before the US market opens. Otherwise you will regret Gold rallied on the weekend's positive news. Gold prices continued to strengthen after opening in Asia. Attentive friends will find that Morgan Jack has explained it in advance yesterday. The highest impact reached a position near 2178, but it quickly fell back before stabilizing. It is still two dollars away from my expected 2180. Even so, buying is still a good profit. After the stochastic European market started, gold continued to fall under pressure. This shows that the bearish pressure on the market is still very huge. And the U.S. dollar barely moved much. It's just a one-sided rise in risk aversion. After the impact of the weekend news, I think gold prices will continue to show a downward trend in search of lows. Therefore, in terms of trading, Morgan Jack believes that the US market is focused on selling gold at a higher price. Additional operating instructions at the bottom. Related references: OANDA:XAUUSD TVC:GOLD MCX:GOLD1! The trend of the US dollar on Monday was still relatively strong and fluctuated around 104.3. Morgan Jack said this on Sunday, and you can see it in conjunction with the picture below: When the news surface no longer exists. The US dollar is in an uptrend on both the 1-hour and 4-hour charts. Regardless of whether the economic recovery is real or fake. The market already has this trend. Let’s talk about the news again. Fed officials have said they expect one rate cut this year and three earlier. Based on the combination of trends and news, the US dollar is expected to continue to be boosted and rise higher in the US market on 25/3. Relevant references: TVC:DXY CAPITALCOM:DXY ICEUS:DXY INDEX:DXY Gold Price Trading: Sell at 2171-2179 tp2157-2160 sl2186 Transactions are risky, so please be cautious!
TVC:DXYShort
by AA_Jack
Gold prices maintain range trading, a narrow range of 2172-2180Modern Jack believes that the U.S. dollar is performing well in the Asian market. The expectation is that there will be some small support near 104.3. Then the probability of gold prices remaining in the range of 2172-2180 is relatively high. Operationally, range trading is maintained. This was despite a sharp reduction in holdings in the largest gold ETF over the weekend. But the impact of rising risk aversion is huge. And the interval support of 2172-2170 also exists. Considering the current situation. It is ideal to maintain the principle of buying low, selling high
TVC:GOLD
by AA_Jack
How much profit can be made from 300k gold trading in one year?Can anyone tell me the actual situation? I heard from friends that many people on TV don’t know how to trade. Let me take a look. Is this consistent with what my friend said? I'm Jack. Join tradingview today. I just started posting my opinions. I don’t know what kind of sharing you like to see. You can leave a comment. Is it technical, fundamental, market sentiment, or real-time trading? Under the influence of news. Trend trading can be done following leading news. That means buying when the market is rising. Sell when the market falls. This requires some trading sense. There is no news impact. Then rely on intraday range trading. Refer to technical indicators. Or market sentiment. This is relatively simple. I believe many traders are experienced. So when I came here. We can talk more and learn from each other. Of course, I still have good content to share with you. Gold trading opportunities tomorrow. After opening higher. It will continue to reach a position near 2072-2080. If the position is not reached there is no stabilization. Gold can be sold. So this week will basically focus on selling. If it continues to rise. Then the short-term pullback should still be based on buying. This is what needs to be focused on tomorrow. Remember London time: 3:16 pm. I'm Jack! See you next time.
TVC:GOLD
by AA_Jack
Gold price today (March 20): Slightly increasedWorld gold costs remained nearly unchanged as compared to radiant gold for fast delivery, down three USD to 2,158 USD/ounce. Gold futures remaining traded at $2,161.30 an ounce, down $three.60 from the intense spot. Gold held consistent on Tuesday as advisors remained on side at the principle US Federal Reserve (Fed) assembly this Wednesday. The convention is predicted to offer extra issues approximately the timing of hobby charge cuts this year. Currently, the marketplace should ensure that the Fed will hold hobby quotes at this assembly. What is predicted in funding is monetary reviews and charge updates of deliberate policies. Despite the pressure, gold stays on the assist degree of 2,a hundred and fifty USD/ounce. KCM Trade leader analyst Tim Waterer stated that gold`s short-time period course will rely upon the tone that Fed Chairman Jerome Powell takes at this week's coverage assembly. According to this expert, if the Fed specializes in the lately introduced CPI, PPI and the energy of the hard work marketplace, hopes for added financial coverage may be extinguished. In that case, gold may also lose assist or even lower in depth.
OANDA:XAUUSDShort
by MrTrongVo
Gold fees fall earlier than statistics from the USGold charges fell 0.2% to $2,171.06 an oz, at the same time as gold futures expiring in April fell 0.3% to $2,175.35 an oz with the aid of using 01:27 ET (05:27 GMT). Bullion charges rose to a report excessive of around $2,two hundred an oz on the begin of the week, however noticed speedy consolidation after hotter-than-anticipated patron fee index information introduced again issues approximately excessive hobby prices. . market. The sturdy CPI analyzing indicates a shift in attention to approaching readings on PPI inflation and retail sales, due out in a while Thursday. Both are anticipated to steer the Federal Reserve`s hobby fee outlook. The information additionally got here in advance of subsequent week's Fed meeting, in which the valuable financial institution is broadly anticipated to hold hobby prices consistent and signaled no on the spot plans to start easing policy. A collection of Fed officers have warned that hobby fee cuts may be in large part decided with the aid of using inflation withinside the coming months. Other valuable metals consolidated in advance of upcoming information. Platinum futures fell 0.4% to $942.forty five an oz, at the same time as silver futures had been consistent at $25,one hundred seventy an oz.
TVC:GOLDShort
by MrTrongVo
GOLD forecast (XAU/USD) tomorrow and this weekGold is a commodity and an global equivalent, tied to the fee of world currencies and different assets. The benefits of gold are that it's far to be had in restrained quantities, has business uses, and is used as a part of the gold and forex reserves of many vital banks. Unlike currencies and stocks, gold will in no way lose fee. On the contrary, due to the fact gold is rare, it's going to best get extra costly withinside the lengthy run. The position of gold in buying and selling relies upon on lengthy-time period investment. This is a shielding asset; Its charge will increase in the course of worldwide crises, whilst the charges of inventory indexes and currencies towards the USD fall. When the worldwide financial system is developing positively, gold charges decrease.
TVC:GOLDShort
by MrTrongVo
1
How To Trade Gold On CPI News DataAs a Gold Trader understanding and interpreting CPI data is crucial for making informed trading decisions. Here's a guide on how to read CPI data and a trade idea based on potential CPI outcomes: --- Understanding CPI Data: CPI Basics: The Consumer Price Index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. Core CPI: Core CPI excludes volatile items like energy and food, providing a clearer view of inflation trends. Gold's Reaction: Gold is often seen as an inflation hedge. A rise in CPI may lower real interest rates, which can be positive for gold prices. However, gold reacts primarily to strong increases in inflation¹. Trading on CPI Data: High CPI: A higher-than-expected CPI may strengthen the dollar, putting pressure on gold prices. Consider a short position if CPI is significantly above forecasts. Low CPI: A lower-than-expected CPI could weaken the dollar and boost gold prices. In this case, a long position may be favorable⁷. Trade Idea: Entry: Monitor the CPI release. If CPI is higher than expected, enter a short position; if lower, consider going long. TP and SL: Set your take profit (TP) near the next resistance level for long positions or support level for shorts. Place your stop loss (SL) just above the recent swing high for shorts or below the swing low for longs. Position Sizing: Adjust your position size to manage risk effectively, ensuring the SL does not exceed 1-2% of your trading capital. Example Trade Setup: If CPI is high: Short gold with SL above the last swing high and TP at the next significant support level. If CPI is low: Go long on gold with SL below the last swing low and TP at the flag high or next resistance level. Note : Always use proper risk management and adjust your strategy based on the actual CPI data and market reaction. --- Remember , CPI data can cause significant volatility in the gold market. Stay informed and be prepared to act quickly following the data release. Good luck! 📈 Follow for more setups and educational material
FXOPEN:XAUUSDEducation
by itmecrypomania
World gold fees elevated because the Middle East war escalatedGold is visible as a hedge in opposition to financial and geopolitical instability, even as better hobby prices lessen the enchantment of protecting non-yielding gold. Most policymakers on the maximum current assembly of the United States Federal Reserve (Fed) have been involved approximately the dangers of decreasing hobby prices too soon, with uncertainty approximately whether or not hobby prices will continue to be at their level. present day degrees for the way long, in step with mins from the Fed`s January assembly. “The Fed isn't always going to decrease or improve hobby prices, so I suppose gold nevertheless has upside potential,” stated Daniel Pavilonis, senior marketplace strategist at RJO Futures. The Fed will probable decrease hobby prices in June, in step with a majority of economists in a Reuters poll. The dollar's index weakened, making gold greater appealing to overseas buyers.
OANDA:XAUUSDLong
by NicoTradingMaster
The 2024 Gold sell OFF!When analyzing gold versus the dollar, it's evident that we're currently in a downward trend. This week, prices have struggled within the range of 2032 to 2044, and we're presently hovering around 2024.360. During Monday and Tuesday sessions, we anticipate a test of the 2024 support level, possibly dipping towards 2012. While we may find weekly support around the 2012 mark, if the market closes below it by Friday, we could witness a significant break in the downward trend. In this market environment, I'm primarily scouting for selling opportunities, given the stronger selling momentum compared to buying opportunities. It's crucial to exercise caution with gold due to its high volatility; for those unfamiliar with navigating this volatility, observing the highs and lows of the London session and analyzing price ranges can provide insights. As highlighted in the video, my overall perspective on gold remains bearish. Thanks, everyone.
OANDA:XAUUSDShort
by Districtfx
XAUUSD: Gold rose sharply, the follow-up operation idea After the Federal Reserve interest rate resolution appeared yesterday, to determine the beginning of interest rate cuts in March next year, gold rose sharply, once rose to the upper resistance level near 2040, usually gold in the rapid rise and fall will appear repair market, the fact is so, today gold in the 2030-2040 shock consolidation, Focus on whether the afternoon data release will break the key pressure level of 2040! gold:buy@2042 sl2038 tp2052
FOREXCOM:XAUUSDLong
by HectorBrown1
XAUUSD: Gold successfully breached the 2050 pressure level Gold today twice hit the 2050 pressure level, after the first shock failed to return to near 2035, we choose to be long gold in this position, and successfully reached the target position 2045, after Powell's speech, gold once broke through the 2050 pressure level, and is now consolidating near 2056, next week we can observe whether gold stands firm 2050, Wait for a pullback to near 2050 go long gold! If you have any questions about the transaction, you can contact me and I will help you!
FOREXCOM:XAUUSDLong
by HectorBrown1
2
💯GOLD PLAN DAILY DECEMBER 1👉 World gold price on December 1, as of early morning (Vietnam time), is trading around 2,036 USD/ounce - down 8 USD/ounce compared to trading at the same time yesterday morning. 👉 Today's gold price was adjusted slightly down after this precious metal hit its highest mark in 7 months. The solid recovery of the US Dollar Index also had a negative impact on the metals market. 👉 Analysts said that although inflation has fallen sharply from the 40-year high recorded in June 2022, it is still much higher than the 2% target set by the Fed. 👉 On Tuesday this week, the US Department of Commerce said that core PCE, the Fed's preferred inflation measure, increased 3.5% in the past 12 months through October. Persistent inflation may force the Fed must maintain interest rates within a limited range in the first half of next year. 👉 According to data from the World Gold Council (WGC), central bank gold demand is on track to reach or even surpass last year's record. In early November, WGC said central banks bought more than 800 tons of gold in the first nine months of the year. China, Poland, Singapore and India are the leading countries in gold additions. 👉 Tonight there will be news about IMS and Chairman Powell will speak, the price will fluctuate quite a lot. AEs note the time frame to avoid trading 👉 TECHNICAL COMMENTARY: Gold price in the last 2 days has had selling pressure and gradually adjusted, but not too strongly. The price line is still too high above the EMA 38,89,200, the price is falling to approach the EMA 34, expecting a nice Buy bet in the 2020 area when the price adjusts and touches the EMA 34 there. 📌Trading plan: 🔼 Buy Gold Entry: 2019x -2017x Sl 2014 TP 2026 - 2033 🔼 Sell Gold Entry: 2042 – 2044x Sl 2047 TP 2036 - 2028 - 2020
OANDA:XAUUSDShort
by AETradingFx1
💯GOLD PLAN DAILY 11/28: WAITING FOR THE BUY SIGNAL👉 World gold price on November 28, as of early morning (Vietnam time), is trading around 2,014 USD/ounce - an increase of 11 USD/ounce compared to trading at the same time yesterday morning. 👉 The weakening of the USD and expectations of an end to US interest rate hikes have fueled strong demand for gold, with strong purchasing power from Chinese and Indian consumers and central banks also providing a driving force. push up gold prices. Investors are now awaiting revised US third-quarter GDP figures due out on Wednesday and the core consumer price index, the Federal Reserve's preferred inflation measure. ), this Thursday will decide whether gold stays above $2,000/ounce. 👉 TECHNICAL COMMENTARY: Gold prices have been pushed much higher than the 50, 100 and 200 day moving averages and are very close to the all-time high reached in August 2020. The next resistance level to pay attention to is 2049- 2070 📌Trading plan: 🔼 Buy Gold Entry: 2007x – 2005 x Sl 2002 TP 2012- 2017 -2022 🔼 Buy Gold Entry: 1993x – 1991x Sl 1987 TP 2005 – 2015 -2022
OANDA:XAUUSDLong
by AETradingFx1
💯GOLDEN PLAN DAILY November 17: FOLLOWING BUY💯GOLDEN PLAN DAILY November 17 👉 Gold prices increased today as they were boosted by falling US Treasury bond yields amid the prospect that the US Federal Reserve (Fed) has completed its interest rate hike cycle and will proceed with interest rate cuts. in the spring of the following year increased even more. 👉 Last night when the number of applications for unemployment benefits increased from 217K last week to 231K.Wal-Mart also warned that sales experienced a "sharp decline" in the last two weeks of October, suggesting consumers are slowing down. The CEO also said he sees possible deflation in the coming months. The Philadelphia Fed manufacturing index was stronger than expected but expectations fell sharply and price figures were weaker. That has led to widespread weakness in the US dollar. 👉 Signs of slowing inflation have prompted investors to bet that the Fed is done raising interest rates. Lower interest rates will increase the appeal of non-interest-bearing assets like gold. 👉 TECHNICAL COMMENTARY: Gold is continuing to move in a strong upward price channel. In the short term, the price can still continue to increase to 2000. Today I will prioritize Buy orders when the price touches bifo 0.618 and the CP + support zone is at 1972 📌Trading plan: 🔽 Sell Gold Entry: 1991 - 1993 SL 1996 TP 1984 -1972 🔼 Buy Gold Entry: 1972 -1970 Sl 1967 TP 1979 – 1984 – 1993 -2000
OANDA:XAUUSDLong
by AETradingFx1