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Xauusdforexsignal

XAUUSD : Gold slightly corrected ahead of the FOMC meetingGold prices adjusted slightly downward as the USD appreciated thanks to a change in market expectations about the Fed's interest rates. During the March 19 session, gold prices fell to $2,150 as the US dollar continued to increase in price ahead of the Fed's FOMC meeting. The precious metal's nearest support is at the December 4 peak around $2,145. If this threshold is broken, XAU/USD could fall to the next support zone at $2,097. Today, all attention will be on the Fed's FOMC meeting at 1 p.m.
OANDA:XAUUSDLong
by SantaTradeGold
GOLD UP The daily chart shows XAU/USD met buyers around the 23.6% Fibonacci retracement of the bullish run, which measured between $1,984.03 and $2,195.22 at $2,145.17. The same chart shows technical indicators have turned flat around overbought levels after correcting extreme readings, suggesting sellers have no say. At the same time, moving averages develop far below the current level, with the 20 Simple Moving Average (SMA) heading north almost vertically far above the longer ones. Gold price struggles to capitalize on the previous day's bounce from the $2,145 region and oscillates in a range during the Asian session on Tuesday. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside. Gold now buy 2156 Target 2185 SL 2136
OANDA:XAUUSDShort
by JohnHarry_7
2
XAUUSD : Gold continues to wait for the FOMC meetingGold is under pressure as investors wait for the Fed interest rate meeting Gold recovered slightly as the USD slowed down and investors prepared for the Fed meeting on Thursday. During the March 18 session, gold fell sharply from $2,159 to $2,146 when the USD was supported by the increase in US government bond yields before turning up and ending the day around $2,160 when the USD leveled off. Precious metals cannot break out as economic data is still good and the Fed interest rate outlook is still "hawkish". There will be no important economic data from the US today and tomorrow until Thursday when the Fed's interest rate meeting begins. Currently, gold is trading around $2,160.
OANDA:XAUUSD
by SantaTradeGold
XAUUSD : Gold will fluctuate with FOMC meetingsGold comes under pressure as the week of major central bank meetings begins Gold extended its decline from last week's economic data, with focus shifting to this week's Fed meeting World gold prices had a volatile week when US economic data was stronger than estimates. The precious metal plummeted from $2,179 to $2,152 on a higher-than-expected CPI report, causing the market to lower prices for a Fed rate cut. Gold mostly traded in a wide price range of $2,152 - $2,177 before ending the week at $2,155. Next week, the market will receive a series of important economic data, including the Fed's interest rate decision along with US manufacturing and services PMI data. Currently, gold is falling to $2,151.
OANDA:XAUUSDLong
by SantaTradeGold
Xauusd traits todayGold has spoke back to uptrend resistance and will be at risk of a few recuperation here. That said, buying and selling stays optimistic whilst on this pattern. From a buying and selling standpoint, losses must be confined to 2114 IF charge is shifting better this time round with a near above 2180 wished for a follow-through. Note that the FOMC hobby fee choice may be introduced subsequent week, wherein we get up to date monetary forecasts associated with growth, inflation, and employment. As always, the dot plot may be below unique scrutiny as markets verify the chance of decrease quotes this year. Catch up on launch facts and tune weekly closes here. Review my cutting-edge Weekly Gold Technical Forecast for an in-intensity study the longer-time period view of XAU/USD buying and selling levels.
OANDA:XAUUSDShort
by MrTrongVo
1
XAUUSD weekly Target confirm Gold retreats to $2,160 as US yields rebound Gold lost its traction and retreated to the $2,160 area. Following a downward correction in the European session, the benchmark 10-year US Treasury bond yield recovered to 4.3%, making it difficult for XAU/USD to hold its ground. On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will be seen as a fresh trigger for bullish traders and set the stage for the resumption of a well-established uptrend witnessed since the beginning of this month. Gold News: Read the Latest Analysis on XAU/USD Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast. GOLD NOW BUY 2156 TP1 2180 TP2 2200 TP 2240 SL 2110
OANDA:XAUUSDLong
by Mark804
XAUUSD : Gold is in focus in the news todayGold weakens after US PPI data, focus turns to consumer sentiment report. Gold falls lower as PPI data is better than expected, boosting USD and US government bond yields. In the March 14 session, gold weakened after the release of US PPI data increased higher than expected, causing the market to lower the price of interest rate cuts. The precious metal fell from $2,171 to $2,152 following the news but then had a slight upward correction to end the day at $2,158. With the recent PPI data, the Fed will have to consider delaying the policy pivot, which could put pressure on precious metals. Today, the market will receive the consumer confidence index and the Empire State manufacturing index. Currently, gold is increasing slightly to $2,164.
OANDA:XAUUSD
by SantaTradeGold
XAUUSD:Data will be positive for gold bears Hello everyone, the data on the number of initial jobless claims will be released in one hour. I think it has a high probability of being beneficial to gold shorts, so I plan to go short in today's data trading. If you want to follow, please strictly control the risk. Because the market has already experienced a surge, short sellers are likely to use the data to stimulate a strong sell-off. If it is beneficial to the gold bulls and the bulls take the opportunity to counterattack, to regain the advantage, they must break through the resistance in the 2180-2186 range, and the fluctuations will be huge. Therefore, friends who follow, please do a good job in risk management and don't let your account be blown.
FOREXCOM:XAUUSDShort
by Allen_Ex
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
XAUUSD : Gold prices fell after US CPI was higher than forecastGold price adjusted to $2,160 after US CPI news. During the March 12 session, gold adjusted sharply down after the US CPI data was released and the precious metal is currently trading around $2,160. With the RSI indicator starting to trend downward after touching the overbought zone, XAU/USD may also correct in the near future. Gold's current support is around the old peak at $2,145, beyond which is the $2,088 threshold. For gold prices to surpass $2,200, it may require a stronger interest rate cut from the Fed. But, below are possible reasons why that won't happen.
OANDA:XAUUSD
by SantaTradeGold
2
XAUUSD : Will the upward trend continue?Although interest rates are still remaining high, gold prices are remaining stable and history has proven that gold prices will respond positively to lower interest rates and quantitative easing. Besides, geopolitical risks and unexpected crises can also be the reason to push gold prices higher. Despite record high interest rates, gold shows notable upside potential. We all know that precious metals often move in the opposite direction of interest rates. In other words, the correlation between interest rates and gold is always opposite. Real interest rates are fluctuating close to 2008 levels. However, even though real interest rates are quite high, gold prices are also recording an increase. There was a time when interest rates were similarly high, and gold prices were just near the $1,000/ounce mark. So with interest rates like this, gold should be trading around 1000 USD/ounce. But gold prices have been trading steadily above $2,000 for a while. In fact, they are not falling despite multiple rate hikes in 2022 and 2023. In addition to interest rate cuts and the possibility of an economic recession, there are also geopolitical risks that could cause gold to surge in price. Here are just some of them: Tensions escalate between Taiwan between the US and China. Remember that the stock market reacted quite negatively to the trade war between China and the US in 2019 and it is possible that a similar situation will repeat. Conflict is growing between NATO and Russia. This can lead to political, military and economic problems as well. Tensions increase in the Middle East. A lot has been written about the Houthis in the Red Sea. But the situation could become more serious. For example, Iran could become more directly involved and cause oil supply disruptions and general geopolitical instability. Of course, there are still many other risks. These factors could push gold prices even higher.
OANDA:XAUUSDLong
by SantaTradeGold
XAUUSD : Gold is creating an all-time record for himselfThe US Dollar Weakens, While Gold and Bitcoin Reach New Highs Ahead of NFP Report. In a speech before the Senate Banking Committee yesterday, Fed Chairman Jerome Powell hinted that interest rates may soon fall, saying, "If the economy performs as expected, the Fed is cautious about easing loosen monetary policy in the near future", and he also added: "The Fed is waiting to be confident that inflation will stabilize at 2%. When we have that confidence it will be The right time to reduce interest rates to prevent the economy from falling into recession." Previously, yesterday the ECB decided to keep interest rates unchanged as expected by the market. Speaking at the press conference after the meeting, ECB President Christine Lagarde also emphasized that interest rate cuts will happen soon in the future when more important macroeconomic data becomes available.
OANDA:XAUUSDLong
by SantaTradeGold
Be cautious while gold expenses boom dramaticallyOn March 7, global gold futures settlement costs persevered to set a brand new file at 2,158 USD/oz. The safe-haven asset has multiplied for 2 consecutive months amid worldwide financial turmoil, which includes conflicts in Ukraine and the Gaza Strip, upcoming elections, and uncertainty. actuality approximately hobby charges and inflation. Recently, Russian President Vladimir Putin warned of the opportunity of nuclear war if different international locations deployed troops to Ukraine. In addition, professionals also are involved approximately the opportunity that Donald Trump will try and withdraw americaA from NATO if re-elected as President, that may boom worldwide protection risks. In the past, gold costs rose sharply in the course of the Great Recession and in the course of the COVID-19 outbreak. Some Wall Street economic professionals are expecting that gold costs will retain to rise, and are expecting that the valuable metallic should surpass the $2,300/ozmark or maybe better withinside the subsequent 12-sixteen months.
TVC:GOLDShort
by MrTrongVo
XAUUSD : Gold is trying to break the support zoneGold extended its upward momentum after the weak US services PMI report Gold prices extended their upward momentum after services PMI data missed estimates, investors waited for Fed Chairman Powell's testimony today. During the March 54 session, gold prices maintained their upward momentum, supported by PMI data that was lower than estimates. In the European session, gold continued to increase from $2,119 to $2,140 and then decreased again to close the session at $2,128. Precious metals continue to be supported by recent US economic data, but the market is still waiting for the JOLTS jobs report and Fed Chairman Powell's testimony today. Currently, gold is falling slightly to $2,126.
OANDA:XAUUSD
by SantaTradeGold
GOLD BUY CONFIRM Gold News: Read the Latest Analysis on XAU/USDGold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.Gold pressures record highs in the $2,140 regionGold staged a technical correction after coming within a touching distance of a new record high above $2,040. Falling US Treasury bond yields and the modest selling pressure surrounding the USD, however, allows XAU/USD to cling to strong daily gains above $2,030. CONFIRM SIGNAL GOLD NOW BUY 2128 TP1 2140 TP2 215O SL2115
OANDA:XAUUSDShort
by Mark804
2
XAUUSD : Gold maintains strength amid pressure on USDGold prices extend strong gains as USD comes under pressure, focus turns to today's services PMI report. In the March 4 session, gold prices extended their strong upward momentum in the context of the greenback being under pressure. In the European session, gold increased sharply from $2,083 to over $2,100 and closed the session at $2,119. Lower-than-expected US economic data and the weakening of the USD continue to be supportive stepping stones for precious metals. Today, the market will receive the US services PMI report, before Fed Chairman Powell's hearing and the JOLTS jobs report on Wednesday. Currently, gold is falling slightly to $2,112.
OANDA:XAUUSD
by SantaTradeGold
XAUUSD : Gold finds old peak after USD data.Gold shows outstanding strength after US economic data releases. Gold prices rebounded sharply after US PCE data matched estimates, along with a manufacturing PMI report and a lower-than-expected consumer confidence index. This past week, gold prices rallied from $2,028, broke through the $2,050 resistance, and pushed to $2,083 after the US core PCE report matched estimates, along with manufacturing PMI and index reports. US consumer confidence is lower than expected, demonstrating the weakness of the world's largest economy. However, the market still needs to be careful with important US economic data this week, including the services PMI report, Fed Chairman Powell's hearing and the JOLTS jobs report. Currently, gold is stable around $2,083.
OANDA:XAUUSDShort
by SantaTradeGold
XAUUSD : Gold rebounded after US inflation dataGold prices rebounded after US PCE data matched estimates, supporting expectations of interest rate cuts in the near future. During the February 29 session, gold prices increased sharply from $2,028 to $2,050 after the US core PCE report completely coincided with market predictions. The precious metal then fell slightly and ended the day at $2,044. It is still important to note that the interest rate probability at the Fed's March and May meetings has not changed much as the bank wants to wait for more data before making the next decision. This will limit the rise of precious metals in the near future. Today, the market continues to receive the next important data from the United States, including ISM's manufacturing PMI data and the University of Michigan's consumer confidence report. Currently, gold is trading around $2,044.
OANDA:XAUUSDShort
by SantaTradeGold
XAUUSD : Awaiting the US core PCE report!Gold prices rebounded thanks to Middle East geopolitical tensions and US GDP figures missing estimates. During the February 27 session, gold prices increased sharply from $2,024 to $2,037 as geopolitical tensions increased and US GDP figures were lower than expected. However, precious metals have not been able to extend their upward momentum in the context that investors remain cautious before today's US inflation data. Today, the market will receive the core PCE report - the Fed's favorite inflation measure. In case the data rises higher than expected, the market will continue to lower the valuation of the Fed's interest rate cut, thereby putting pressure on gold. Currently, gold is rising to $2,034.
OANDA:XAUUSDShort
by SantaTradeGold
GOLD BUYGold gained traction and advanced to its highest level since early February above $2,040 on Thursday. The benchmark 10-year US Treasury bond yield drops toward 4.2% after US PCE inflation data, providing a boost to XAU/USD.As I wrote on Wednesday, “Gold is trading sideways as XAU/USD has failed to break above the $2,035 psychological resistance level for the last 12 days.” Nevertheless, XAU/USD prices cleared that level and are testing a downslope resistance trendline drawn from the highs of the year near the $2,040-$2,050 region. A breach of the latter will expose the February 1 high at $2,065.60, ahead of the December 28 high at $2,088.48. GOLD NOW BUY 2044 TP1 2048 TP2 2052 TP 2066 SL2030
OANDA:XAUUSDShort
by Mark804
XAUUSD : Waiting for upcoming US economic dataGold rebounded to $2,040 following a decline in US unemployment claims, with focus shifting to key economic data next week. Over the past week, gold prices fell to $2,020 following PMI data and US unemployment claims on Thursday but then recovered to $2,040 heading into the weekend. In the context that Fed officials are not yet ready to cut interest rates and the S&P 500 has increased recently, precious metals are not expected to break out at present. Gold is currently trading at $2,033. Next week, the market will receive many important economic data including the consumer confidence report, US GDP data and the core PCE index - the Fed's preferred inflation measure.
OANDA:XAUUSD
by SantaTradeGold
XAUUSD : Comment on USD and Gold exchange rate pairsInvestors will be waiting for economic data with a big impact on the US next week: core PCE data - the Fed's favorite inflation measure. Core PCE is forecast to increase 0.4% in January, pushing the annual figure down from 2.9% to 2.7%. However, traders should not be surprised if these numbers suddenly increase considering previous CPI and PPI figures. Persistent price pressures in the economy, coupled with solid employment and hot wage growth, could force the Fed to delay easing to the second half of the year. Such a scenario could push interest rate expectations in a more hawkish direction compared to the current situation. Higher interest rates for longer could push up US government bond yields in the coming weeks - an outcome that could benefit the USD. In this case, the EUR/USD and GBP/USD pairs will have difficulty trending up in the short term. Gold prices may also come under pressure. Gold rose slightly on Thursday but hit a hurdle at around $2,030. A rally above this level could push the price towards $2,065. On the other hand, if sentiment reverses and prices start to decline, support appears at $2,005, near the 100-day SMA. After that, the price target will move down to $1,990, followed by $1,995.
OANDA:XAUUSD
by SantaTradeGold