Get started

Xauusdforecast

Gold: The Glittering Beacon of Value and TraditionGold, the age-old symbol of wealth and prosperity, continues to captivate hearts and minds across the globe. Its enduring allure transcends time and borders, weaving through the tapestry of human history with an unmatched elegance and mystique. At its core, gold represents more than just a precious metal; it embodies a timeless store of value, cherished by civilizations throughout the ages. From ancient pharaohs to modern investors, gold's shimmering brilliance has been revered and sought after for its inherent beauty and scarcity. Beyond its material worth, gold holds a deeper significance ingrained in cultural traditions and religious practices worldwide. It symbolizes purity, divinity, and blessings, adorning temples, artifacts, and ceremonial objects as a testament to its sacred status. Moreover, gold serves as a hedge against economic instability and geopolitical turmoil, offering stability and security in times of uncertainty. Its universal acceptance and liquidity make it a trusted asset for investors seeking to preserve wealth and diversify portfolios. Despite the advent of modern financial instruments and digital currencies, gold remains a timeless asset, resilient in the face of evolving economic landscapes. Its intrinsic value and cultural significance continue to shine bright, reminding us of the enduring legacy and timeless allure of this precious metal.
OANDA:XAUUSD
by LuxeFX_Trading
#XAUUSD:800+ Pips Possible Selling Opportunity, What you think? Gold touched 2195$ and then dropped, price have ranged between 2150 to 2170, in our latest bias; we observe a huge volume of sellers entering in the market. Which is why we think selling in the current market condition can give us an excellent opportunity for 'swing selling'. Use accurate risk management which is demonstrated in the chart use the red lines for entry and exit and use the arrow for take profit. Total of 800 pips that we are targeting, however we advise to close the trade when you are satisfied with it. Good Luck and Trade Safe. Please like and comment our ideas which will gives us encouragement to publish more educational chart analysis.
OANDA:XAUUSDShort
by Setupsfx_
13
Gold charge these days March 20: Reversal to decreaseWorld gold expenses reversed and decreased after the USD multiplied quite properly withinside the worldwide charge basket. At the same time, americaA economic gadget added information on new home introduction developing quite properly in February. specifically, the Dollar-Index - measuring the strength of the greenback in comparison to 6 number one currencies multiplied via 0.23% to 103,426 elements at 6:25 a.m. this morning (Hanoi time). Construction permits in February multiplied via 1.9% over the same duration very last year, a first-rate deal higher than the preceding month`s decrease of 0.3%. The variety of housing starts offevolved offevolved in February multiplied via 10.7% over the same duration very last year, a first-rate deal higher than the decrease of 12.3% withinside the previous month. This information continues to manual the strong growth of the USD, putting pressure on gold expenses. Along with that, AmericaA Federal Reserve (Fed) held its first two-day meeting in March. The market waited for a easy interest price discount from this agency. However, after inflation information modified into released very last week, it showed that although immoderate interest fees, inflation did now now not decrease as expected. This makes every expert and client trust that the Fed cannot reduce interest fees for the duration of this meeting. The variety of latest housing starts offevolved offevolved in February sharply increased, that's further forecast to beautify extremely patron requires for goods. Therefore, it may contribute to the growth inside the patron charge index inside the future. Experts anticipate that the Fed cannot reduce interest fees yet, so that you can help the USD strengthen, putting pressure on gold expenses.
TVC:GOLDShort
by MrTrongVo
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 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