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Xauusdforecast

Gold Trends: Navigating Market Volatility and Safe-Haven DemandLet's explore the latest trends shaping the world of gold amidst market volatility and safe-haven demand. Here's a snapshot of what's happening in the gold market: Gold prices have exhibited resilience in recent sessions, reflecting investors' appetite for safe-haven assets amid ongoing geopolitical tensions and economic uncertainties. Despite fluctuations, gold continues to serve as a reliable store of value and portfolio diversifier for investors seeking stability in uncertain times. Market volatility, driven by factors such as inflationary pressures, currency fluctuations, and geopolitical risks, underscores gold's role as a hedge against economic turbulence. As central banks maintain accommodative monetary policies and governments implement fiscal stimulus measures, concerns about currency debasement and inflationary pressures elevate gold's appeal as a safe-haven asset. Moreover, geopolitical tensions and trade uncertainties contribute to market volatility, prompting investors to flock to gold as a traditional safe haven. Geopolitical developments, including geopolitical conflicts, trade disputes, and diplomatic tensions, fuel uncertainty and drive demand for gold as a risk-off asset. Looking ahead, market participants will continue to monitor economic indicators, central bank policies, and geopolitical developments for insights into gold's direction. As uncertainties persist and market dynamics evolve, gold's role as a hedge against volatility and a safe-haven asset remains paramount for investors seeking wealth preservation and portfolio protection. In summary, gold's resilience in the face of market volatility and safe-haven demand underscores its enduring appeal as a tangible asset with intrinsic value. Stay informed, stay vigilant, and stay ahead in the dynamic world of gold investing.
FOREXCOM:XAUUSD
by Midas_Calista
FOMC assembly previewThis week, dangers tilt towards a much less dovish outcome, with the opportunity of a mean Fed fee hike for 2024 to 4.9% or simply fee cuts for 2024. Such a alternate could require simplest FOMC members (out of 19) to shift their expectancies to better hobby rates. Notably, Fed Chairman Powell said that the FOMC desires to see ongoing low inflation to have the self assurance to provoke hobby fee cuts in his maximum latest press conference. Instead, records in latest months indicates excessive inflation (if now no longer outright increase) and persevered energy withinside the exertions market, suggesting that Jerome Powell and organisation might not want to reduce Strong hobby fee discount as formerly expected.
OANDA:XAUUSDShort
by MrTrongVo
Are you concerned about your short position?Dear friends, gold is currently oscillating within a narrow range near the 2160 position. Judging from the current gold trend structure, although gold has not pulled back as expected, relatively speaking, gold is not very willing to go up.we can see from the graph that even though gold has not corrected much, it faces resistance near the 2165 position in the short term. So in my opinion, as long as gold does not break through the 2165 position, there is a high probability that gold will correct back downwards. So in terms of trading, I still hold short positions in gold in the 2156-2158 area and 2160-2162 area. Although I am still at a slight floating loss, I am not worried about it.because after gold’s upward momentum is gradually consumed, I think gold will pull back again and test the 2152-2150 area. This is why I still hold a short position on gold. I wonder if everyone, like me, has shorted gold at a relatively high level? If you chose to short gold like me, then in what area did you short gold? In fact, I share detailed trading ideas and trading strategies every day, hoping to help all followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
Gold may fall to 2050 again if Fed doesn't cut as expectedGold has rallied strongly for a month. However, with market participants in doubt about Fed's interest rate decision, Gold's rally has come to an end. In fact, in the last few trading days, Gold has declined continuously. The impulse and price action of the decline suggests that the fall may not be over yet. If the Federal Reserve doesn't cut rates as much as the market is expecting, Gold may continue to fall to 2100 and even 2040 level. Our preferred approach is to sell the rallies in Gold.
OANDA:XAUUSDShort
by KaltoireCapital
4
Gold prediction nowadays March 15A destroy under the 2023 excessive at 2146 could threaten a deeper correction withinside the multi-week uptrend closer to the 38.2% retracement of the every year rally at 2114 - search for a response Greater reaction there If achieved. The broader upside invalidation is now raised to the 61.8% retracement/2020 swing excessive at 2065/75. Break of weekly top/near above 2180 is wanted to mark resumption of uptrend with similarly resistance objectives concentrated on distinguished slope confluence near ~2220s and 100% Extension of upside greater extensively in 2022 at 2277 .
TVC:GOLDShort
by MrTrongVo
1
GOLD START OF A BEARISH RUN!?This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions. I'll exercise patience as I wait for price to test the lows and subsequently retest the supply zones. Once I receive confirmation on lower time frames, I'll consider initiating sell positions to potentially ride this emerging temporary trend in the coming weeks. My confluences for GOLD sells are as follows: - Gold has lots of imbalances below that need to be filled from previous rally. - Lots of liquidity to the downside in the form of trend line and asian lows. - Two nice supply zones left near current price that we can potentially sell from. - In order for price to continue bullish price must retrace back down. P.S. In the case of gold, there's abundant liquidity on both sides, particularly with numerous Asian highs yet to be taken out. It wouldn't be surprising if price consolidates until Wednesday, when we anticipate the FOMC to significantly impact market movements. Have a great trading week everyone!
OANDA:XAUUSDShort
by Hassan_fx
1
XAU/USD | GOLDSPOT | New perspective | follow-up detailsThe Gold price (XAU/USD) surges to a new record high above $2,180 as yields on 10-year US bonds dip to 4.04% following the release of the US NFP data. According to the US Bureau of Labor Statistics, the Unemployment Rate climbed to 3.9%, exceeding expectations and up from the previous 3.7%. While Nonfarm Payrolls for February surpassed projections at 275K compared to the anticipated 200K, they still fell short of the previous reading of 353K. Expectations for inflation have cooled as Average Hourly Earnings grew slower than anticipated by market participants. Monthly wages saw a modest 0.1% increase, contrasting with the 0.6% rise in January. Investors had predicted a 0.3% growth in wage, but annual wage growth slowed to 4.3% from both expectations and the prior reading of 4.4%. January's wage growth was revised downward from 4.5%. The combination of sluggish wage growth and a high jobless rate has intensified selling pressure on the US Dollar. During his congressional testimony, Jerome Powell highlighted that policymakers are nearing confidence in the return of inflation to the 2% target. He acknowledged the necessity of easing the current monetary policy stance to avert an economic downturn. The rally in Gold prices suggests that investors are buoyed by Powell's slightly dovish tone, anticipating earlier rate cuts. As we gear up for the upcoming week, this video will delve into our strategic approach to navigating the evolving market dynamics from a technical perspective. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,143.50 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,143.50 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
3
Gold Trade Idea Gold Market Trade Idea: Descending Triangle Breakout 📉 Pattern Overview : The descending triangle pattern is typically considered a bearish continuation pattern. It is characterized by a flat lower trendline that acts as support and a descending upper trendline that indicates lower highs. This pattern suggests that sellers are more aggressive than buyers, leading to a potential breakdown below the support level¹². 📐 Current Observation: Gold has been forming a descending triangle, indicating a consolidation phase with a potential for a downward breakout. 💡 Trade Strategy: Entry Point: Look for a strong break below the support level with increased volume as a confirmation of the pattern completion. Stop Loss: Set a stop loss just above the most recent lower high within the triangle to limit potential losses. Take Profit : Measure the height of the triangle pattern at its widest part and project this distance downward from the breakout point to estimate the take profit target¹. 📊 Risk Management: Ensure proper risk management by not risking more than a small percentage of your trading capital on this single trade. 🔍 Keep in Mind : While the descending triangle pattern suggests a bearish outlook, be aware of potential false breakouts. It's crucial to wait for confirmation before entering the trade. Remember , this is a trade idea based on technical analysis patterns. Always consider the latest market news and fundamental analysis before making any trades. Happy trading! Follow For Updates, Free Trade Ideas & Free Signals.
FX:XAUUSDShort
by itmecrypomania
XAU/USD 15 March 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains unchanged from yesterday's 14/03/2024) analysis -> Swing: Bullish. -> Internal: Bullish. Price printed a swing BOS and subsequently a bullish iBOS. Bearish CHoCH has been printed. We are now trading within an internal range. As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not confirmation that bearish pullback is underway, will indicate pullback initiation has now been printed. Bearish iBOS will provide confirmation that pullback is underway. Due to the bullish nature of the market, Intraday expectation is for price to target internal high, however, all HTF's are indicating the need for a pullback, therefore, a second potential scenario could be price targeting internal low to confirm pullback is now underway. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish iBOS which confirms comments made on 12 March 2024 that it would be useful to remember that all HTF's are requiring a pullback. Price did try to target weak internal low, as per my comments made yesterda however, we saw price react at an M15 POI. Intraday expectation is for price to react again at 50% EQ, which price is currently doing, or react in premium of 50% EQ, before targeting weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold: The Timeless Asset of ChoiceIn the world of investments, gold has retained its allure through centuries as a safe haven and store of value. Its enduring appeal transcends cultures and generations, offering stability amidst economic uncertainties. As financial markets fluctuate, gold stands as a reliable hedge against inflation and geopolitical turmoil. Beyond its monetary value, gold holds cultural significance, symbolizing wealth, prosperity, and prestige. Whether in times of prosperity or crisis, gold remains a steadfast asset, providing reassurance to investors worldwide.
FX:XAUUSD
by CaterinaGoldTrading
XAUUSD fee nowadays March 14, 2024 plummetedXAUUSD these days March 14, 2024 withinside the international became to boom once more after a consultation of decline. SJC gold bars and gold rings, after a consultation of decline, face the danger of falling similarly if the State Bank takes intervention measures. Finance Banking Gold fee these days March 14, 2024 plummeted, approximately to fall similarly? Manh Ha • Gold fee these days March 14, 2024 withinside the international became lower back up after a consultation of decline . SJC gold bars and gold rings, after a consultation of decline, face the danger of falling similarly if the State Bank takes intervention measures.
OANDA:XAUUSDShort
by MrTrongVo
1
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 TRADE IDEAHere's a trading idea for gold, considering the 30-minute candlestick pattern and the upcoming important economic data release: Gold Trading Idea: Navigating Economic Data Release Observation : - The 30-minute gold chart has formed a significant candlestick pattern, which traders should monitor closely as it may indicate potential market movements. Strategy : 1. Entry Point: Observe the market reaction to the upcoming economic data. If the data is positive and gold breaks above the pattern, consider a long position. Conversely, if the data is negative and gold breaks below the pattern, consider a short position. 2. Stop Loss : Place a stop loss at a level that invalidates your trade hypothesis, typically beyond the pattern's extremes. 3. Take Profit: Set a take profit target that aligns with previous support or resistance levels, or use a risk-reward ratio of at least 1:2. 4. Risk Management: Given the volatility expected from the data release, maintain strict risk management protocols and do not risk more than 1% of your capital on the trade. Rationale : - Candlestick patterns can provide insight into market sentiment and potential reversals or continuations. - The release of significant economic data can cause heightened volatility and directional moves in the gold market. Note : - It's crucial to wait for the data release before entering the market, as it can significantly impact gold prices. - Be prepared for increased volatility and ensure that your followers are aware of the risks associated with trading around economic data releases. --- This idea is based on technical analysis and should be used in conjunction with your own research and risk management strategy. Always stay informed and adjust your trades accordingly. Happy trading! 📊📈 Follow For Regular Updates, Free Signals & Analysis
PEPPERSTONE:XAUUSDLong
by itmecrypomania
XAUUSD: Predictions on XAUUSD while waiting for US dataIn currency markets today, the US dollar showed little volatility as investors awaited the release of additional economic data from the United States to gauge the potential direction of Federal Reserve policy state. After the release of a higher-than-expected US consumer price index (CPI) on Tuesday, there were fresh concerns about persistent inflation, causing traders to reconsider whether the Fed will start cutting interest rates. capacity in June as previously predicted or not. The possibility of an interest rate cut in June is now considered a 65% chance, down slightly from the 71% probability earlier this week, according to LSEG's interest rate probability application. Expectations for an interest rate cut in July remain high at around 83%. The Fed is expected to maintain interest rates at its meeting next week, but the focus will be on the central bank's updated economic forecasts. Kyle Rodda, a senior financial markets analyst at Capital.com, noted that while recent data has slightly changed interest rate expectations, the consensus has been for three rate cuts for the year. now. He added that a more hawkish stance from the Fed could reduce this expectation to two rate cuts and push the first cut to September, strengthening the US dollar. The dollar index, a measure of the greenback's strength against a basket of six currencies, was relatively unchanged at 102.77. Investors are closely watching US retail sales data, the producer price index (PPI) and the unemployment claims report due out later today for further signs of weakness. economic recession.
OANDA:XAUUSDShort
by Chart_MasterPro