XAU/USD 30 September 2024 Intraday AnalysisH4 Analysis:
Intraday analysis/bias remains the same as yesterday's analysis dated 29 September 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has continued to surge in price printing all time highs with price pulling back very minimally.
Price has printed a further bullish iBOS. Bearish CHoCH has been printed indicating bearish pullback phase initiation. We also have established an internal range.
You will note the internal range has extensively narrowed, allowing price to confirm swing pullback phase by printing bearish iBOS. However, we remain bullish.
Although price has tapped in to strong internal low, price has been unable to close below
Intraday expectation: Price to target weak internal high, however, due to the narrowing of the internal range and all HTF's requiring pullback, it would not be unrealistic if price prints a bearish iBOS.
H4 Chart:
M15 analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Last week's intraday expectation (27 September 2024): In my previous analysis, I mentioned an alternative scenario where, due to all higher time frames (HTFs) requiring a pullback, it would not be surprising if the price printed a bearish Internal Break of Structure (iBOS). This is exactly what transpired, with the price printing a bearish iBOS.
This marks the first bearish iBOS since 18 September 2024, confirming the swing structure.
Following the bearish iBOS, the price has now printed a bullish Change of Character (CHoCH), indicating a potential shift in momentum. Currently, the price is contained within an internal range and is trading in the premium zone above the 50% equilibrium (EQ) of that range.
Intraday Expectation: The price is expected to react at the M15 supply level before potentially targeting a weak internal low.
With rising geopolitical tensions, Gold is likely to remain highly volatile in the near term.
M15 Chart:
Xauusdpriceaction
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices dipped into the $2,500 zone on Friday after the US Department of Commerce revealed that inflation remains subdued. The Personal Consumption Expenditures (PCE) Price Index held steady at 2.5% year-over-year in July, falling short of market expectations. This aligns with the Fed’s potential move to ease monetary policy in September, though the size of the rate cut remains uncertain.
As we head into a busy week with the release of ISM Manufacturing and Services PMIs, jobs data, and the Balance of Trade, this video breaks down the potential for both buyers and sellers in the Gold market. Will the $2,500 level hold, or are we in for more volatility? Dive into the analysis to prepare for the week ahead!
XAUUSD Technical Overview:
This week, we're focusing on the $2,500 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone, Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#Gold #XAUUSD #Forex #FederalReserve #InterestRates #Inflation #TradingStrategy #MarketAnalysis #TechnicalAnalysis #Investing #ForexTrading #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged on Friday as the US Dollar and Treasury bond yields tumbled, driven by dovish comments from Federal Reserve Chair Jerome Powell. With the Fed signalling a policy shift and acknowledging that inflation is nearing the 2% target, the focus has turned towards achieving maximum employment. This backdrop has sparked renewed interest in gold among Western investors, especially as expected interest rate cuts could reduce the opportunity cost of holding the precious metal.
In this video, we analyze the current market dynamics, showing why gold may not be overbought and why there’s potential for continued upward momentum. The CME FedWatch Tool indicates a 25 bps rate cut is fully priced in, with rising odds for a larger cut. We’ll dive into both the technical charts and fundamental factors that favor higher gold prices in the coming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,495 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#Gold #XAUUSD #Forex #FederalReserve #InterestRates #Inflation #TradingStrategy #MarketAnalysis #TechnicalAnalysis #Investing #ForexTrading #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Will Gold Fall To 2450?Okay Here Is My Today Intraday Plan For Gold Today.
I Wanna Sell Gold Between 2501 - 2507 Zone.I'm Gonna Wait For Market Make The Move First For More Setup.
Currently Price At My First Sell Zone.But This Zone And Time Isn't Comfortable For Me.
So I'm Waiting 😌
If There Any Good Setup I'll Update 😎
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold (XAU/USD) prices surged to near $2,430 in Friday's New York session, rebounding after a turbulent week sparked by the Bank of Japan's surprise rate hike. But with the Fed's potential September rate cut looming, will gold continue its climb?
The recent recovery highlights a firm near-term outlook for gold, driven by strong speculation that the Federal Reserve (Fed) will begin reducing interest rates in September.
There is ongoing debate among investors about the Fed’s approach to rate cuts. Some are anticipating a more aggressive 50 basis point (bp) reduction, while others expect a 25 bp cut. According to the CME FedWatch tool, current 30-day Federal Funds futures data shows a 54.5% probability of a 50 bp cut in September. Additionally, projections for the year indicate a potential total reduction of 100 bps.
In this video, I explored the current market sentiment, weighed the chances of both buyers and sellers in this volatile environment and discussed how to prepare for potential trading opportunities in the upcoming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,425 zone. This could be a make-or-break point just like it did last week. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#gold #goldprice #goldtrading #swingtrading #marketanalysis #fed #rates #economy #usdata #nonfarmpayrolls #tradingstrategy #technicalanalysis #investing #finance #goldinvestors #goldbugs #goldnews #marketupdate📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Yesterday Was A Massive Fall. Will it Fall More? 2320?Yesterday Gold Has Fall Massively And Unexpected As A Monday Move. How ever Gold make The Move. I 'm Expecting A Continuation On this Week On Gold Until 2330-2320 Area. And Today Gold Can Sell From 2422 - 2426 Zone If Breck 2430 - 2435 Zone Is Perfect To Sell
4H Time Frame Did A Pullback? Or Potentials Sell?As For The 4H TF I Can See After The Adjustment Gold Has Broke The Parallel Channel And Make A Massive Pullback Last Friday With NFP And Now Again Heading Back Up Side .But The Same Scenario Showing A MSS And LH In Same Period Of Time .Will See With The Best Conformation After Market Make The Move.
With The Ongoing Geo Political Situation On Middle East Gold Has A Strong Demand As A Safe haven Asset. As Investors Seeking For A Safe Background On There Asset. Last Friday Was A All Red Day For The STOCK/CRYPTO/COMODITY And All The Trading Assets.
Upcoming Weeks Will Be Bit Tough To Find A EDGE To Get Accurate Entry's I Suggest You to Go With Fixed RR With 1:2 Or 1:3 Don't Get Greedy With Your Positions Get The Best Profit As You Can
i'll Try My Best To Give You Most Probability Setups .Will Me One Or Two Setups Per day.
XAUUSD | GOLDSPOT | New perspective | follow-up detail [22 - 26]Gold prices took a tumble on Friday, dropping over 2% as the US Dollar strengthened and investors took profits after last week's record highs. The precious metal extended its losing streak to three days, closing around the $2,400 level.
What drove the dip?
📈 Strong US Dollar: A surge in the USD, fueled by speculation about a Republican victory in the US elections, weighed on gold.
📈 Rising Bond Yields: Increasing bond yields also contributed to the decline, making gold less attractive.
But hold on, the story doesn't end there! 🤔
Analysts remain optimistic about gold's long-term prospects:
📉 Fed Rate Cuts: The Federal Reserve is expected to cut interest rates in September, which is bullish for gold.
📈 Market Sentiment: According to the CME FedWatch Tool, markets are pricing in a 98% chance of a U.S. rate cut in September.
🌎 Geopolitical Instability & Central Bank Demand: Ongoing global tensions and central bank buying provide further support for the precious metal.
🔍 What's Next?
Gold prices took a hit last week, but is this just a temporary dip or a sign of things to come? This video dives deep into the technical aspects of XAUUSD, offering insights into what to expect in the coming week!
Don't miss out on this comprehensive analysis!
XAUUSD Technical Overview:
This week, we're focusing on the crucial $2,400 level. This is a big deal for gold traders - it could be a make-or-break point. If gold stays above $2,400: Bulls might take control, potentially pushing prices higher and setting up new highs. If gold falls below $2,400: Bears might gain the upper hand, and prices could head south. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
#GoldAnalysis #ForexTrading #GoldMarket #FederalReserve #TradingStrategy #MarketInsights #USYields #InflationData #EmploymentData #FinancialMarkets #GoldPrice #Investing #TradingTips #ForexEducation #TrumpPolicies #JeromePowell #GeopoliticalStability #CentralBankDemand 📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold has delivered impressive gains of over 18% so far in 2024, and June looks promising for investors. With finite supply and fluctuating demand, gold prices are sensitive to economic and geopolitical news. This video dives deep into the current market dynamics and what to expect in the coming month.
In June, geopolitical unrest could significantly impact gold prices. Any major news on this front may push gold prices higher.
On Friday, gold retraced to our key level at the $2,325 zone, undoing gains made after the release of the US Personal Consumption Expenditure (PCE) data for April. This report, showing cooling core price pressures (0.2% month-over-month, down from 0.3%), suggests a higher likelihood of the Fed cutting interest rates sooner. Lower interest rates are typically positive for gold, reducing the opportunity cost of holding this non-yielding asset.
However, US interest-rate expectations are just one piece of the puzzle. Gold demand is also being driven by Asian buyers hedging against their depreciating currencies. Fund flows into Chinese gold ETFs are rising at the fastest pace since April, even amid surging US yields. This trend indicates that the US Dollar's strength may not be as negatively correlated with gold as it was in the past.
In this video, we'll explore how to navigate these complex market dynamics as we prepare for an active trading month. Expect increased trading activity as fund managers and investors rebalance portfolios to meet allocation targets or adjust for market performance.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is fixed on the critical $2,325 level for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detail [15 - 19]In this video, we delve into the recent surge in Gold’s price, breaking above $2,400 on Friday, driven by speculation that the Federal Reserve (Fed) might start its easing cycle in September.
But is this just a temporary spike, or the beginning of a powerful gold bull run? 🤔
To navigate this market, we need to have a deep insight into the market dynamics driving gold's recent surge:
📉 US Yields & Market Reactions
US yields are collapsing, with the 10-year Treasury note yield dropping 10 basis points to 4.187%. This significant movement has set the stage for potential rate cuts by the Fed.
📊 Inflation & Employment Data Insights
Data from the US Bureau of Labor Statistics (BLS) revealed deflation in consumer prices for June. Core prices, excluding volatile items like food and energy, also dipped, reigniting hopes for a Fed rate cut in 2024. The CME FedWatch Tool now shows an 85% chance of a quarter-point rate cut in September, up from 70% just days earlier.
👷 Robust Labor Market
Despite inflation concerns, the labor market remains strong. Unemployment benefit claims came in lower than expected, presenting a balanced Goldilocks scenario where inflation decreases while employment stays robust, with no signs of an impending recession.
🎙️ Federal Reserve Signals
Federal Chair Jerome Powell highlighted labor market risks, noting considerable softening. This, combined with ebbing inflation pressures, opens the door for potential rate cuts by the U.S. central bank in September.
🚀 Future Trends & Market Dynamics
The path of least resistance for Gold is to the upside. But how will the upward momentum unfold? In this video, we provide a detailed understanding of the current market dynamics and a comprehensive plan to capitalize on upcoming opportunities.
XAUUSD Technical Overview:
We took a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives. Our attention is fixed on the key level at $2,390 for the upcoming week. This historically significant mark is poised to steer trading dynamics. If we see sustained momentum above this level, it could fuel further buying interest and potentially pave the way for fresh highs. Conversely, a move below $2,390 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights!
#GoldAnalysis #ForexTrading #GoldMarket #FederalReserve #TradingStrategy #MarketInsights #USYields #InflationData #EmploymentData #FinancialMarkets #GoldPrice #Investing #TradingTips #ForexEducation📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsThe Federal Reserve opted to maintain interest rates at their current levels and delay any potential rate cuts until at least December. Officials foresee only a modest quarter-percentage-point reduction for the year, emphasizing the importance of managing inflationary pressures.
Fed Chair Jerome Powell highlighted that despite robust growth and low unemployment rates, the central bank remains cautious, waiting for clear economic signals before making any adjustments. The market reacted to this news, with gold prices climbing over 1% on Friday, fueled by expectations of a possible rate cut soon. Concurrently, the 10-year US Treasury bond yield trended lower towards 4.2%, influencing the XAU/USD pair upward as the week came to a close.
This video offers a detailed strategy to help navigate various market scenarios, empowering us to make informed decisions as the market digests the latest developments.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,335 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this video, we delve into the upcoming Federal Reserve meeting and its potential impact on the price of Gold. The decisions made during this meeting could significantly influence the market. Gold recently experienced its lowest finish in about a month, influenced by stronger-than-expected monthly U.S. jobs data and reports of China's central bank pausing its bullion purchases.
China, a major driver of the gold rally, might not be done buying gold, but the current pause could signal short-term profit-taking activities. Additionally, the latest US Nonfarm Payrolls report for May revealed an increase in workforce numbers, albeit with an uptick in the Unemployment Rate and a slight rise in Average Hourly Earnings. These factors could lead the Federal Reserve to delay its decision to cut interest rates, which is negative for Gold as it raises the opportunity cost of holding a non-yielding asset.
As market participants await next week's US inflation data and the Federal Reserve’s monetary policy meeting, the US Consumer Price Index (CPI) is expected to remain steady, but a reacceleration could trigger further losses for the gold.
Join me as we dissect the latest market dynamics and explore potential strategies for positioning ourselves for the upcoming price movement
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,325 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD Buy Opportunity: Strategic Targets and Bullish Signals!Greetings, Traders!
Brief Description🖊️:
Currently, on XAUUSD, I am observing bullish momentum entering the market. The price has retraced into discount prices of the impulsive leg, taking discount sell stops multiple times, which suggests order pairing. This occurs within discount prices, where the logic is to buy in discount prices and sell in premium prices. A strong order block is supporting the price, as its mean threshold is continuously being rejected. This order block is considered inducement due to the sell stop liquidity resting above it. The price is currently supported by a bullish order block, indicating a potential buying opportunity.
Things I Have Seen👀:
Bullish Momentum📈: The market shows signs of bullish order blocks continuously supporting the price.
Order Pairing🟢 : Smart money entering buy orders against sell stop liquidity within discount prices.
Order Block Support🟢: A strong order block, with its mean threshold repeatedly rejected, indicates robust support.
Bullish Targets📉:
Buy Stop Liquidity: Above failure swings, which possess engineered liquidity.
Daily FVG : The second target.
Main Draw on Liquidity : The final target, an order block with inefficiencies such as the liquidity void and the FVG that need to be filled.
What's Important Now❗
If the price confirms a buy, manage your trades as you see fit. Consider scaling out your position at these objectives to optimize your trading strategy.
Best Regards,
The_Architect
XAUUSD | GOLDSPOT | New perspective | follow-up detailsAfter the release of encouraging US economic data recently, Gold prices are showing signs of stabilization following consecutive days of losses triggered by the hawkish tone in the Fed Meeting Minute. FOMC Minutes revealed that Fed officials are uncertain about the level of policy restrictiveness and anticipate a prolonged wait before gaining confidence in sustainable inflation moving towards 2%.
While the US Durable Goods Orders exceeded expectations, a downward revision in the prior month's figures tempered the report’s impact, emboldening Gold buyers as evidenced by a surge in trading activity before the weekend. Improved US business activity is reducing the likelihood of a rate cut by the Federal Reserve (Fed).
Moreover, the University of Michigan's consumer sentiment poll displayed a modest uptick, though inflation sentiment remained mixed.
The US 10-year Treasury note is yielding at 4.461%, experiencing a slight dip of one-and-a-half basis points on Friday, putting pressure on the US Dollar.
Geopolitical tensions escalated as China initiated a second day of military exercises near Taiwan, and the decisions by Ireland, Norway, and Spain to recognize Palestine as an independent state have added volatility to markets, potentially fueling demand for Gold.
Given these recent changes, the question looms: will buyers or sellers come out on top in this shifting landscape?
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is fixed on the critical $2,350 level for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,350 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldAnalysis #XAUUSD #ForexTrading #MarketAnalysis #TradingStrategy
#GoldMarket #SafeHavenAssets #GoldPrices #FedMeeting #EconomicData #GeopoliticalTensions📺🔔💼
Disclaimer Notice:
Margin trading in forex, commodities, CFDs, stocks, and other instruments carries high risk and may not suit all investors. This content is for educational purposes only to assist with independent investment decisions and is provided for reference. Evaluate your investment experience, financial situation, objectives, and risk tolerance carefully. Consult an independent financial advisor before making any investments. I do not guarantee the accuracy of the information provided and am not liable for any loss or damage from its use. Past performance is not indicative of future results.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this week's XAUUD analysis video, we delve into the recent surge in Gold prices amidst economic uncertainties in the United States. The previous week witnessed a notable uptick in Gold prices amidst the struggle of the US treasury to gain traction. Additionally, the University of Michigan survey revealed a pessimistic sentiment among Americans, with Consumer Sentiment plunging to its lowest level in six months.
As we dissect the market dynamics, Friday's sentiment data and weaker labor market figures underscored a gloomy outlook for the US economy. While fears of a significant economic slowdown lingered, market participants sought refuge in safe-haven assets, propelling the price of Gold higher.
Federal Reserve officials remained in the spotlight, with divergent views on monetary policy. Atlanta's Fed President Raphael Bostic maintained a hawkish stance, projecting just one rate cut in 2024. Conversely, Fed Governor Michelle Bowman advocated for policy stability, indicating no immediate need for rate cuts this year. Similarly, Dallas Fed's Lorie Logan dismissed the notion of interest rate cuts.
Meanwhile, Minneapolis Fed's Neel Kashkari adopted a cautious "wait and see" approach towards future monetary policy decisions. Looking ahead, next week's US docket is set to unveil crucial inflation figures, retail sales data, building permits, and a slew of Fed speeches. These releases are anticipated to offer fresh insights into the direction of Fed reserve monetary policy.
XAUUSD Technical Overview:
In this video, we conducted a thorough analysis of the XAUUSD chart, integrating both technical and fundamental perspectives.
Our focus for the upcoming week centres around the $2,360 zone, which holds significant historical importance and is poised to influence next week's trading activity significantly. Sustained bullish momentum above this level could fuel continued buying interest, potentially driving prices to new highs. Conversely, a breach below the $2,360 level, accompanied by ongoing selling pressure, may indicate a resurgence of bearish sentiment.
Join me as we unpack the implications of these factors and explore possible trading opportunities in the Gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldAnalysis #XAUUSD #NFP #ForexTrading #MarketAnalysis #TradingStrategy
#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.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn the latest global events, Gold has soared to new heights, hitting a five-day peak above $2,400 fueled by escalating tensions between Israel and Iran. Investors sought refuge in the non-interest-yielding asset as uncertainty loomed, driving prices to a weekly high of $2,417 per ounce. However, the rally proved fleeting as Iran quashed fears of immediate retaliation.
Meanwhile, US front, robust US Retail Sales figures from last week triggered a reevaluation of interest rate expectations, propelling the US 10-year note yield to levels not seen since November 2023, reaching a peak of 4.696%. Atlanta Fed’s Raphael Bostic cautioned against persistently high inflation, signalling a challenging path ahead for the central bank. Yet, New York Fed President John Williams struck a more measured tone, highlighting the Fed's data-driven approach and its current stance on monetary policy.
As market sentiment fluctuates, the CME FedWatch Tool hints at a shift in sentiment for potential rate cuts, with September earmarked as a likely window for action. Against this backdrop, this video delves into the technical intricacies of the XAUUSD chart. Through the lens of price action analysis, we unravel the behavioural patterns driving market dynamics and offer insight into potential price movements for the week ahead.
XAUUSD Technical Overview:
In this video, we conducted a thorough analysis of the XAUUSD chart, integrating both technical and fundamental perspectives. Our analysis delved into key levels, historical price movements, market dynamics, and the interaction between buyers and sellers, intending to identify potential trading opportunities.
Our focus for the upcoming week centres around the $2,365 zone, which holds significant historical importance and is poised to influence next week's trading activity significantly. Sustained bullish momentum above this level could fuel continued buying interest, potentially driving prices to new highs. Conversely, a breach below the $2,365 level, accompanied by ongoing selling pressure, may indicate 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.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold closed last week with a modest 0.59% gain, after touching an all-time high of $2,431. Geopolitical tensions spurred demand for safe-haven assets, pushing gold to its new peak before a pullback due to a strengthening US Dollar.
The release of US inflation data midweek introduced volatility in gold prices. Following the Consumer Price Index (CPI) report, the price dipped to $2,320. However, this downturn was brief as inflation pressures eased, influenced by a lower-than-expected Producer Price Index (PPI) report.
Comments from Federal Reserve officials, including Boston Fed President Susan Collins, Chicago Fed President Austan Goolsbee, and Kansas City Fed’s Jeffrey Schmid, tempered expectations of rate cuts.
Given the recent attacks on Israel by Iranian military forces, this video will illustrate the technical implications on the chart and how to position ourselves for the market’s next moves.
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 behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities.
Our focal point for the week is the $2,335 zone, endowed with historical significance, rendering it a pivotal level for next week's trading activity. 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 breach below the $2,335 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 | GOLDSPOT | New perspective | follow-up detailsGold prices surged to a record high last week, marking their most impressive monthly performance in over three years. This remarkable rally was primarily fueled by mounting expectations of U.S. interest rate cuts and robust safe-haven demand.
Furthermore, escalating geopolitical tensions on a global scale may drive investors towards gold as a preferred neutral reserve asset. While the potential for gold to extend its gains exists, particularly if market sentiments shift towards anticipating a more aggressive Fed-cutting cycle, caution is warranted as signs of buying fatigue are beginning to surface in the short term.
Moreover, concerns are arising regarding inflation running higher than desired by policymakers, underscoring the need for vigilance. Market participants eagerly await insights from the upcoming speech by the Fed's Chair, as it could offer valuable clues regarding the future path of interest rate decisions.
This video will outline our strategic preparations for the upcoming week, considering these critical factors shaping the gold market landscape.
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 behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities.
Our focal point for the week is the $2,190 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 $2,190 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 | GOLDSPOT | New perspective | follow-up detailsGold surged on Friday, reaching its highest level since early January, surpassing
2,080 as the 10−year US Treasury bond yield dropped by approximately 1.52% following the release of mixed economic data. S&P Global's report indicated an expanding US economy, while the Institute for Supply Management (ISM) highlighted a contraction in manufacturing activity, overshadowing the former report.
S&P Global's announcement on Friday showcased the fastest improvement in manufacturing conditions since July 2022. The Manufacturing PMI for February rose to 52.2 from 50.7, whereas the ISM February Manufacturing PMI declined to 47.8 from 49.1.
This data prompted a rise in Gold prices as US Treasury bond yields plummeted on expectations of earlier-than-expected rate cuts. Additionally, the Fed's latest Monetary Policy Report suggested cautious optimism regarding inflation control, despite lingering challenges in the tight labor market.
Considering these developments and the upcoming week packed with high-impact events, the question arises: How will Gold, as a safe-haven asset, perform in this market scenario? This video will shed light on navigating the current 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 $2,080 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 $2,080 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 | GOLDSPOT | New perspective | follow-up detailsAt the close of last week's trading, Gold has shown resilience by surpassing the $2,000 mark. Recent US economic indicators hint at persistent inflation, despite signals of potential policy adjustments from the Federal Reserve. Notably, Producer Price Index (PPI) data exceeded expectations, underscoring the Fed's ongoing efforts to manage inflation. Additionally, a positive shift in Consumer Sentiment reflects American optimism towards economic conditions. Considering these factors, Gold's trajectory remains intertwined with US economic prospects. Potential upticks in inflation could drive up US Treasury bond yields, leading to anticipated XAU/USD downside movements. Conversely, if inflation aligns with the Fed's targets, the possibility of rate cuts may weaken the US Dollar, potentially supporting XAU/USD upside potentials. This video delves into dissecting the current market landscape to help navigate strategic positioning for upcoming market movements.
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 $1,985 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 $1,985 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment.
Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions.
#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 | New perspective | follow-up detailsAmidst the revision of the Consumer Price Index (CPI) numbers to accommodate new seasonal adjustment factors, the XAU/USD faced bearish pressure, culminating in a 0.50% dip, closing the week around the $2,025 area. This development has heightened focus on the upcoming Consumer Price Index (CPI) figures from January, as market participants seek insights for potential Federal Reserve (Fed) decisions.
Market participants are closely monitoring the Fed's actions, particularly as the soft CPI revisions appear to have provided some respite for officials contemplating rate adjustments. However, the strong Q1 growth predictions in the US market and escalating wage pressures within a tight job market suggest potential delays in rate cuts. Currently, the market sentiment indicates a shift from anticipating a cut in March to potentially expecting one in May. The forthcoming inflation reading will play a pivotal role in determining the timing of the easing cycle. Should the data support a delay in rate cuts, it could lead to further downside for the price of Gold.
In this video, we delve into the current market conditions from a technical standpoint, providing insights into understanding and interpreting these developments.
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, characterized by 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.
Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions.
#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 | GOLDSPOT | New perspective | follow-up detailsOver the past week, the price of Gold has been fluctuating between $2,000 and $2,035. This is because buyers seem to be taking a break, indicating a neutral to bullish outlook on the daily chart. Furthermore, the USD's recovery, driven by market adjustments related to the Federal Reserve and the resilience of the US economy, is putting pressure on the price of Gold.
Despite soft Personal Consumption Expenditures (PCE) figures from the US in December not causing a significant market reaction, there is anticipation surrounding the Fed's upcoming meeting. Currently, the markets have shifted their expectations for the start of the easing cycle from March to May, but the Fed's stance could alter these expectations. While US economic data remains strong, the Fed could use trends in core PCE to justify implementing rate cuts.
The Gold price (XAU/USD) is expected to see changes following the release of the US Core Personal Consumption Expenditure – Price Index (PCE) report for December, which indicates a slower pace of price growth than anticipated by market participants. Annual underlying inflation data has slowed to 2.9% from an expected 3% and a previous reading of 3.2%.
Fed policymakers are facing a balancing act, considering robust economic indicators such as consumer spending, the labor market, and Gross Domestic Product (GDP). These factors could support arguments for higher interest rates in the first half of 2024.
Given the uncertainties, how do we plan to strategically position ourselves for the upcoming week? I have a strong sense that we may experience significant market movement in the coming 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 $2,000 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 $2,000 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment.
Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions.
#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.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsThe price of gold surged significantly on Friday, driven by a risk-averse sentiment stemming from escalating tensions in the Red Sea. The US and the UK responded to Houthi's attack on a US ship on Thursday, prompting a surge in gold purchases as the conflict in the Middle East intensified. Additionally, the yellow metal received a boost from the decline in US Treasury bond yields, fueled by growing speculation that the US Federal Reserve would embark on aggressive rate cuts as early as March.
Simultaneously, the latest US inflation report unveiled that producer prices, or the PPI, fell below expectations, with the monthly PPI dropping by -0.1%, contrary to the anticipated 0.1% increase.
As of now, the market sentiment remains inclined towards an upward trajectory, following a rebound from the weekly lows in price action.
XAUUSD Technical Analysis:
In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities.
The $2,035 zone will be our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then a continued buying pressure above this zone will serve as a platform for new highs. However, if price action drops below the $2,035 level and selling pressure persists below the zone, we could witness renewed selling pressure.
Dive into the latest Gold market dynamics! Stay informed for strategic investment decisions.
#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.