Xauusdforecast
XAUDUSD: Investment managers eye the dollar for faster settlemenSome funding managers are thinking about converting their price range` running currencies to the U.S. greenback in anticipation of a U.S. flow to shorter securities agreement cycles this spring.
The extrade is in reaction to a brand new rule surpassed with the aid of using the U.S. Securities and Exchange Commission (SEC) closing year, which calls for securities inclusive of shares to settle one commercial enterprise day after trading, called T+1, begins offevolved May 28. This extrade is supposed to lessen marketplace danger.
The transition to T+1 is posing demanding situations for overseas asset managers, who want to change their neighborhood currencies for bucks to have interaction in shopping for and promoting US securities. Currently, forex trades that fund inventory trades settle in days. Regulators are adapting to make sure those transactions aren't excluded from CLS, the primary multi-forex agreement device for forex (FX) transactions.
By running their price range in bucks, custodians can limit the danger of behind schedule bills and failed transactions, as they may not want to transform their neighborhood forex inside a compressed timeframe.
Custodians inclusive of BNY Mellon are exploring methods to assist buyers in Asia with the aid of using extending agreement cut-off intervals for a number of the region's most important currencies, inclusive of the Australian greenback, yen Japanese and Singapore bucks, approximately hours. The worldwide head of FX platform income at BNY, said that this extension will permit intraday execution to maintain later withinside the day.
CLS, on the request of foreign places regulators, is likewise thinking about the opportunity of changing the cut-off date for sending forex transaction commands for next-day agreement. The employer estimates that approximately $sixty five billion an afternoon in forex trades from asset managers ought to omit the cut-off date.
CLS's CEO does now no longer anticipate an operational extrade earlier than the May cut-off date however emphasised that CLS is operating with the marketplace to locate capacity answers to the demanding situations.
XAU/USD 04 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis is the same as yesterday's analysis (03/03/2024)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
Price has printed a bullish sub-internal iiBOS and internal iBOS.
Most likely scenario would be for price to pull back which is the same for W and D1
Price has tapped into a H4 POI and reacted.
First structural indication, but not confirmation, would be for price to print a bearish CHoCH which is denoted with a blue vertical dotted line.
50% EQ, Bearish CHoCH and H4 POI are located closely where price could potentially react.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Has reached EQ.
Price has printed a further bullish iBOS. Internal range established.
Bearish CHoCH indicates, but not confirms, that bearish pullback is underway.
I have plotted sub-internal structure, which is denoted in red to gain a micro-view of the movement of price due to size of the internal structure range.
Intraday expectation is for price to continue bearish, react at M15 POI, or 50% EQ is discount before price continues bullish to target weak internal high.
M15 Chart:
Gold prices returned to historic highsGOLD this morning there's no Gap. Currently shifting sideways to accumulate. At this rate, I suppose GOLD can nonetheless growth further, everybody.
> This region everybody must discuss with Buy GOLD round 2080>2082
SL 2079
City 2086>2100
If in this day Gold falls thru the Accumulation Zone as above, everybody must watch to Sell Strongly whilst GOLD falls to the 207x Zone. During this period, I additionally wish there might be a mild restoration wave at round 5>10 prices. Let the Sellers get rid of their orders 😊.
>This is my opinion. Everyone, please observe alongside to go into the order. If there's any information, I will replace more ❤️❤️
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World gold charges these days stand at a excessive stage because of expectancies of loosening economic coverage through the United States Federal Reserve (Fed) after the discharge of extremely susceptible US financial reports.
Although charges have recovered, many analysts are involved that gold may also face difficulties. After on every occasion the treasured metallic breaks the resistance stage, the marketplace fast gets a sell-off cause for profit-taking through buyers. Profit-taking may want to push charges lower back into the variety that has been in area for a while now.
Last week, 14 analysts participated in Kitco News`s gold survey. Surprisingly, no person predicts gold charges will lower withinside the close to future. The survey suggests that 79% of analysts assume that gold charges will boom withinside the close to future, the final 21% assume that gold charges will pass sideways.
This week, the marketplace will watch for the February non-farm payroll report. This employment information is taken into consideration very crucial through buyers and might do away with the whole lot that gold had final week. .
Many reviews say that if global gold charges keep to boom sharply
Not yet enter yet, Wait for sweep to go down. {4/03/2024}Educational Analysis says XAUUSD may move in this range for some time according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because Gold Made a lot of gains last year 2023, May is a time to push down a bit and there will be a lot of liquidity.
So Waiting for the market to get liquidated and start to shoot down.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Gold Price to Cool Down? Are you guys Shorting GOLD {16/01/24}Educational Analysis says XAUUSD may move in this range for some time according to my technical.
Broker - FxOpen
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because Gold Made a lot of gains last year 2023, May is a time to push down a bit and there will be a lot of liquidity.
Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
💡 XAUUSD: Expected to reach a shocking peak in the near futureCentral bank gold purchases have “surged to record levels” in recent years, as regulators seek to diversify reserves and reduce credit risk.
China and Russia are leading gold purchases, while India, Türkiye and Brazil are also increasing bullion imports in large quantities.
Citi Bank experts said: “The most likely path to $3,000/ounce of gold is the rapid acceleration of an existing but slowly developing trend - de-dollarization of banks. central banks in emerging markets, thereby leading to a crisis of confidence in the US dollar.
XAU/USD 04-8 March 2024 Weekly AnalysisWeekly Chart:
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has finally printed a bullish swing BOS
Most likely scenario would be for price to pull back following swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted with a vertical blue dotted line.
At some stage HTF request to LTF would be to switch bearish to facilitate HTF pullback.
Weekly Analysis:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-. Sub-Internal: Bullish.
-> Has reached EQ.
After having mapped sub-internal structure, denoted in red, price has now printed a bullish iiBOS
Most likely scenario is for price to pull back. First indication, but not confirmation, would be a bearish iCHOCH denoted with a vertical dotted line.
Price could potentially continue to trade bullish to seek further liquidity before pull back.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
Price has printed a bullish sub-internal iiBOS and internal iBOS.
Most likely scenario would be for price to pull back which is the same for W and D1
Price has tapped into a H4 POI and reacted.
First structural indication, but not confirmation, would be for price to print a bearish CHoCH which is denoted with a blue vertical dotted line.
50% EQ, Bearish CHoCH and H4 POI are located closely where price could potentially react.
H4 Chart:
XAUUSD: 900 Pips Buying Opportunity! One not to miss! OANDA:XAUUSD price breakthrough 2060$ area and now touched 2080$ region, price rejected where there are equal highs surrounded. Now we expect price to fill the liquidity void area and then continue the bullish trend up until 2150$ which is around 700 to 900 pips move. Let’s see how it works out.
Comment down your views!
#XAUUSD - Multi-year breakout on weekly timeframe confirmedGOLD XAUUSD has confirmed a multi-year breakout on weekly timeframe.
It has been in consolidation mode since 2020 and last weekly candle is the first candle that closed above the big resistance as can be seen on charts.
MA's also are aligned; this definitely looks like its going up 20% in coming months.
XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold prices resumed it's upward momentum on Friday, closing the week with gains amid a decrease in US Treasury bond yields. The 10-year benchmark note saw a decline of three and a half basis points, settling at 4.248%. Despite recent comments from Federal Reserve officials suggesting a somewhat hawkish stance, investors responded positively by reducing expectations for Fed interest rate cuts.
The release of the Federal Open Market Committee (FOMC) minutes for January revealed a cautious approach among policymakers regarding rate cuts, particularly in light of recent inflationary pressures. While recognizing a more balanced outlook for achieving both mandates, policymakers emphasized their continued vigilance towards inflation, with economic risks perceived as tilted to the downside. The Fed aims to maintain interest rates in the range of 5.25% to 5.50% for the time being, seeking to assess whether January's inflation data reflects a temporary spike or a sustained trend.
This reluctance to immediately implement rate cuts is seen as a measure to mitigate potential upward pressures on consumer prices. In light of this, the cost of holding assets like Gold, which do not provide yields is likely going to go up. The future movement of safe-haven assets will be influenced by market expectations regarding potential Fed rate cuts.
This video sheds light on the technical understanding of the market structure in other to unravel the potential trajectory of price action in the upcoming week.
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 $2,025 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, a breach below the $2,025 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.
XAU/USD 28 Feb 2024 Intraday AnalysisH4 Analysis:
Expectation remains the same as per analysis yesterday (27/02/2024)
-> Swing: Bullish.
-> Internal: Bearish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
I have marked sub-internal in red due to the significant range of the internal structure.
Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback phase of the internal structure.
We now seem to be in the pullback phase of the iiBOS.
Price reacted to the 50% EQ of the swing range, which is indicated in black to form bearish price action.
Current expectation, is for price to target weak internal low. A good indication that pullback phase of the internal structure is completed is once price breaks and closes below sub-internal structure low to target the weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Has reached EQ.
Price has printed a bullish iBOS. Internal range established.
POI marked with red border is a flip-zone where price mitigated and continued bullish.
Flip zone is also closely located close to 50% EQ.
Intraday expectation is for price to react at H4 POI, strong internal low to be respected. Price to continue bullish to target weak internal high.
M15 Chart:
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.