XAUUSD: Buyer's long-term strategy!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
The world's reserve currency has been misused by American politicians, bureaucrats, and central bankers who have failed to manage their finances responsibly. Instead, they have recklessly increased their debt to other countries, which has led to a growing concern among international central banks. They fear that the debt will not be repaid in a fair currency but instead in rapidly declining Federal Reserve notes. This realization has prompted an unprecedented increase in sovereign gold purchases by foreign central banks, who are aware of the risks involved. It is crucial that individual investors also recognize the situation before it is too late to protect themselves from a potential currency crisis.
Note: Full TP, SL for winning the market and safe trading!
Xauusddaily
Gold Breakdown Analysis 12/04/2023Dear traders gold respected last setup and we should be careful for tomorrow we have cpi and fed so don’t risk to much i expect gold if he breaks above 2006 you should look for buy wait for price action and if he reject zone 2015 and price close below you should look for sell. Trade safe and see you soon
Good luck
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway, we expect that GOLD will go UP to 2070 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
Gold breakdown Analysis 06/04/2023Dear traders gold was in consolidation all day and I expect gold if he breaks below 2018 and closed price may continue to pushing Dow target 1 : 2010.105 and target 2 will be 1999.031 and if he breaks above 2023 and price close bulish it may keep pushing up target 1 will be 2031.97 and target 2 will be 2049.81 wait always for price action trade safe
Good luck
XAUUSD: Bullish Pennant!In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the expectation of a boost in the US growth rate, higher oil prices resulting from conflicting output cuts will make it impossible for the Fed to maintain a stable monetary policy in May.
The US Dollar Index (DXY) exceeded 102.70 due to the anticipation that the Federal Reserve (Fed) will continue to increase interest rates by 25 basis points (bps) to reach 5.00-5.25%. As a result, S&P500 futures contracts experienced a significant decline during early Asia, indicating a need for caution regarding the general appetite for risk. No information has been left out in this paraphrased text.
The Relative Strength Index (RSI) (14) has entered a descending range between 20.00-40.00, indicating that Gold must experience a decline in order to maintain its upward momentum. No information has been left out in this paraphrased text.
views in dcb for XAUUSDOANDA:XAUUSD reached to its significant resistance zone and tried to make a double top formation. primarily it will correct till 1896-1870.
Disclaimer - This chart analysis is only for educational purpose. Do proper research before trade/investment or consult with your financial advisor. This expressed opinion/view/analysis isn't a trade/investment advice/recommendation.
--SEBI unregistered independent trader/analyst.
XAUUSD (GOLD) Daily: 13/03/2023: Bear or...?
As you can see, from my perspective, since there is an important supply zone in front of the gold price, gold can have a bearish move.
Please pay attention to the strong upward move; we need a lower time frame confirmation for selling.
we can define two different areas as selling areas:
1- 1925- 1930
2- 1951- 1960
Targets:
1911
1891
1860
1844
1816
1798
💥Important note: It is not investment advice, so do your own research.💥
💡Wait for the update!
🗓️13/03/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
GOLD POSSIBLE MOVEHello traders, GOLD is creating a shape for the upside move, i am expecting from price to come around our mentioned 0.5 to 0.618 fib levels and then looking price action for a long position opportunity with the strategy, if strategy allow me to trade it.
This is just analysis trade with your own according strategy.
GOOD LUCK & GOOD TRADING
XAUUSD Gold 13 March - 17 March MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and Corrective Wave " AB "
Divergence
Breakout the Demand Zone and Retested
CHOCH
Falling Wedge as an Corrective Pattern in Short Time Frame and Breakout the UTL and Retracement
Break of Structure
XAUUSD - GOLD CURRENT SITUATION#XAUUSD
According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful.
But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week.
Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
Gold (XAUUSD) trading commentary for the week of 6/3-10/3/2023world gold price closed the last session of the week at 1,857 USD/ounce, a sharp increase of 20 USD compared to the same time price of 1,837 USD/ounce the previous day.
Last night, the world gold price fluctuated in the context of many speculations that in March 2022, the US will not raise interest rates beyond the market's expectation of 0.25 percentage points.
Immediately, the money market reacted. The USD depreciated against many other currencies, creating impetus for the gold price to go up today.
On the other hand, the Institute of Supply Management (USA) announced that the non-manufacturing index for February 2023 reached 55.1 points, exceeding the market's expectation of 54.5 points, showing the economic status of the US. pretty solid
Support Level: 1,825.90 1,812.20 1,803.00
Resistance: 1,863.70 1,877.50
Recommendations for trading gold:
Buy soup at the price range 1824 - 1826
Stop Loss: 1821
Take profit 1: 1835
Take profit 2:1840
Take profit 3: 1850
Canh sell at the price range 1862 - 1863
Stop Loss: 1869
Take profit 1: 1850
Take profit 2:1845
Take profit 3: 1840
Note: Always set TP and SL in all trading cases
If you have any questions or support, please leave a comment
GOLD ( XAUUSD ) March 2, 2023Gold price advanced to the highest level in almost a week in the first half of Wednesday’s trading, as the US Dollar was thrown under the bus following the release of strong-than-expected China’s February Manufacturing and Services PMI data, which triggered a risk rally in global stocks. However, the upside in the Gold price remained capped, as the risk-on market profile aided the rebound in the US Treasury bond yields across the curve even though investors continued to weigh the prospects of a ‘soft-landing’.
In American trading, Gold price pulled back further from daily highs of $1,845 after the United States ISM Manufacturing PMI slowed down its pace of contraction in February and saved the day for the US Dollar bulls. The US Dollar staged a decent comeback alongside the US Treasury bond yields after the US ISM Prices Paid sub-index jumped to 51.3 in February vs. 45.0 expected and 44.5 last. This is one of the main parameters that the US Federal Reserve (Fed) looks into to gauge the inflation trend. Strong ISM Price Paid data reinforced expectations that the Federal Reserve will keep rates higher for longer, with markets expecting the Fed's target rate to peak at 5.465% in September.
Support levels: 1,825.90 1,812.20 1,803.00
Resistance levels: 1,848.00 1,863.70 1,877.50
Recommendations for trading gold:
Buy GOLD 1830 - 1829
Stop Loss: 1825
Take profit 1: 1835
Take profit 2:1840
Take profit 3: 1850
Sell GOLD 1845 -1846
Stop Loss: 1850
Take profit 1: 1835
Take profit 2:1830
Take profit 3: 1825
Note: Always set TP and SL in all trading cases
If you have any questions or support, please leave a comment
Gold market commentary (XAUUSD) on 2/3/2023Gold prices rallied in the first half of the trading week, breaking out of the bearish trend that has dominated XAU/USD price action for most of February, following the surprisingly hot US Nonfarm Payrolls report.
The US 10-year Treasury yields are once again facing super-thick resistance at 4%, which is putting a hard limit on further US Dollar appreciation in the trading days. recent translation. While the yield on 10-year US Treasuries can't break above this level, the gold bulls have the upper hand.
Support level: 1,803.00 1,791.20 1,784.60
Resistance levels: 1,841.10 1,863.70 1,877.50
Recommendations for trading gold:
Buy 1830 - 1829
Stop Loss: 1825
Take profit 1: 1835
Take profit 2:1840
Take profit 3: 1850
Sell 1845 -1846
Stop Loss: 1850
Take profit 1: 1835
Take profit 2:1830
Take profit 3: 1825
Note: Always set TP and SL in all trading cases
If you have any questions or support, please leave a comment
Gold trading on 1/3/2023Gold price gained traction and climbed above $1,820 after having spent the first half of the day in a tight range near $1,810. Although the benchmark 10-year US T-bond yield stays in positive territory near $3.95%, the renewed US Dollar weakness fuels the pair's rebound on Tuesday.
Financial markets have been a two-tale story for the early part of 2023, in which Gold price has reflected in its price action like no other asset. XAU/USD rode an uptrend during all of January with the market optimism about inflation slowing down and constant Federal Reserve dovish talk, only to see a drastic turnaround back to the old dynamics in February after a hot US Nonfarm Payrolls (NFP) report. The US economy adding more than 500K jobs in the month of January shifted the market expectations for the Fed easing its monetary policy, and the US Dollar has come back to the market King throne.
Gold price opened the year at $1,823.76 and reached a year-to-date high of $1,960 on February 2, right in between the first Federal Reserve meeting of the year and the surprising release of the US jobs report for January. Since then, the ongoing downtrend has been relentless, reaching levels below the yearly open, around $1,800.
Support level: 1,806.50 1,791.20 1,784.60
Resistances: 1,821.60 1,834.00 1,845.99
Trading recommendation:
Sell 1825 1824
Stop loss 1827
Take profit 1: 1810
Take profit 2: 1807
Take profit 3: 1800
Note: Always set TP and SL in all trading cases
If you have any questions or support, please leave a comment
XAUUSD - Daily Trade Idea - 13-Feb-23XAUUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
XAUUSD - Daily Trade Idea - 10-Feb-23XAUUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
XAUUSD - Daily Trade Idea - 9-Feb-23XAUUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
XAUUSD - Daily Trade Idea - 8-Feb-23XAUUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GOLD LAYOUT FOR TODAYGold is currently consolidating between 1880-1860 and is in a non-trading range. If there is a break below 1860 and it is confirmed as resistance, go short with a target of 1843.800 and 1835.550. On the other hand, if there is a break above 1870 and it is confirmed as support, go long with a target of 1903.035 and 1917.865. Keep in mind that today is the FOMC speech of Powell, so be cautious and avoid taking random trades. Adopt a sniper-like approach for precise entry points. Stay ahead of the curve with our analysis.
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