Gold rebounded to the high of the shock range, Sell againYesterday, gold did not fluctuate much. The K-line rebound was also around 2180, and then it could not move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards, and the rebound was also yin and yang. It is definitely not a U-turn. We continue to trade high and sell under pressure at 2184.
The gold four-hour line is still in a downward trend. The upper resistance line of 2185 and 2196 are currently difficult to cross. Yesterday's closing price was near 2172, which is obviously below 2180. The macd energy column is also gradually declining, directly approaching the zero axis. Yes, the overall bias is mainly bearish.
Xauusdsell
Unveiling the Mystique of Gold: A Journey Through History and BeGold, the radiant metal that has fascinated humanity for millennia, holds within its gleaming surface a story that transcends time. From the depths of ancient civilizations to the complexities of modern economies, the allure of gold persists, captivating hearts and minds alike.
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As we embark on a journey through the annals of history, accompanied by the golden glow of ages past, let us pause to reflect on the timeless allure of gold. It's more than a metal; it's a testament to the human spirit—a beacon of hope, a symbol of prosperity, and a reminder of our shared humanity.
The signal of gold peaking is obvious, the current price is SellToday’s strategy sharing
Gold has clearly peaked at the moment, with continuous negative lines falling. Even the rebound is short-lived. After all, it still looks like it is falling. It is suppressed by the moving average after all. The moving average is running downwards, with no possibility of turning around. The continuous negative line covers the rebound of the positive line, which is obviously If you look at the decline, continue to wait for the 2145 line.
So I think now I can wait for the rebound and sell again
Gold price sideway is stable above $2150 - $2180⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) remains above the mid-$2,100s in the early hours of Asian trading on Monday. The increase in the value of the yellow metal is supported by the likelihood that the US Federal Reserve (Fed) may reduce interest rates later this year. Traders are anticipating the release of the US Gross Domestic Product (GDP) figures for the fourth quarter (Q4), which are expected to stay stable at 3.2%, in order to gain new momentum. Currently, the price of gold is trading around $2,168, with a gain of 0.15% for the day.
Last week, after its March meeting, the Fed decided to keep its benchmark interest rate unchanged within the range of 5.25% to 5.50% for the fifth consecutive time. Fed Chairman Jerome Powell hinted that the central bank was planning three interest rate cuts in 2024, which increased investor demand for the precious metal and caused the price of gold to rise. According to the CME FedWatch Tool, investors have priced in a 72% chance that the Fed will begin cutting rates at the June meeting, up from 65% before the rate decision.
⭐️ Personal comments NOVA:
After the terrorist incident in Russia, Gold price increased slightly and returned to above $2170. Stable sideway $2150 - $2180 continues to wait for new moves and information from the FED
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2150 - $2152 SL $2145
TP1: $2160
TP2: $2170
TP3: $2180
🔥SELL GOLD zone: $2183 - $2185 SL $2190
TP1: $2175
TP2: $2165
TP3: $2150
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GOLD Near Selling Area , Is It A Good Place To Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAUUSD:It will fall below 2100
Our short trade was very successful today with considerable profits. Congratulations to those who followed.
At present, in the 30m chart, the indicator needs to be repaired, so in tomorrow's session, the trade will be long at a low level first. After rebounding to around 2186-2192, observe the resistance. If it cannot break through, start shorting. The strong resistance is around 2196-2202.
If the resistance cannot be broken through, the support below will first be considered around 2169, followed by the 2161-212 range.
In the 3h chart, the short trend is now more obvious, and the demand for indicator repair is strong. Therefore, large-level transactions are mainly short, especially above 2200. You must not be greedy when doing long.
If there is a profit, close it in time. The risk of short position is relatively much smaller.
After all, the market has risen so much, and if it goes up again, it will be a new high. This requires the bulls to be very strong, and at the same time, it needs the cooperation of the news to be completed, but there are not so many conditions for the downward trend.
The above is my opinion on the future trend of the market. I share it with you for your reference. If you have any questions, you can leave me a message. I wish all my friends can make a lot of money!
Gold Monday Trading Strategy.
Market Direction
Today, the opening price of gold is below the pivot and POC so the market direction is BEARISH. The 2-day relationship is lower so we will consider selling at key levels when there is a signal. My personal opinion is that I hope gold will fall to 2149/2150. If you break through this point, gold will return to 2136/2139. Conversely, if gold decides to rise again, it could test virgin POC at 2203 but this is unlikely.
📉Zone Analysis
- 2176 is zone m5
- 2181 was the peak last Friday
- 2194 is fipzone m15
So we will consider SELL:
Entry Sell: 2176 - 2181 - 2194
Target: 2149 - 2136
📕Note:
No signal, no trade
If you stop losing 3 times a day, you should rest
Join me and help you deal with transactions easily every day
Navigating the Golden Path: Insights from Financial AnalysisIn the realm of finance, gold stands as a beacon of stability and value, captivating both investors and financial analysts alike. Unraveling the complexities surrounding gold offers invaluable insights into market trends and investment strategies.
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The Timeless Allure of Gold: A Prized Asset Amidst UncertaintyIn the ever-changing landscape of investments, gold continues to hold its place as a timeless asset of enduring value. Revered for centuries, gold's allure remains unwavering, particularly in times of economic uncertainty and volatility.
As a tangible and scarce resource, gold serves as a reliable store of wealth, preserving purchasing power over the long term. Unlike fiat currencies prone to inflationary pressures, gold's intrinsic value remains intact, making it a sought-after hedge against currency depreciation and market fluctuations.
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The target price for gold is around 2179-2182Like I mentioned in my article yesterday. Gold will continue to rise after Asian markets open. Because of the boost in risk aversion
At present, we need to focus on whether the 2170-2180 first-line position can hold its own. This depends on the influence of the weekend news.
I still think gold prices will continue to rise. Jack’s take profit range is 2179-2182
XAUUSD:Go long first, then go short on Monday
The indicators in the small-level chart began to show the weakness of the bulls, but the bulls at the 1h level have not yet exerted force, indicating that there is still room for upwards.
After the market opens on Monday, we will continue to pay attention to the resistance breakthrough of 2169 first, followed by the vicinity of 2174-2183. If it can break through, we can look upward to the vicinity of 2188-2192.
After that, we will start to go short, because if it goes up again, the resistance will be very strong. Without news stimulation, it is basically impossible to rise much further.
Gold Monday operating trend analysis
#XAUUSD
After gold rose to 2222, it continued to fall. The current downward trend continues to rise. The Asian market moved up along the channel to around 2178 and then fell along the channel. It is still in the channel range.
1/The war between Russia and Ukraine escalated over the weekend. 2/Gold fundamentals, sentiment eases with interest rate decision.
technical level. Gold focuses on the price reaction of 2157.
2177-2179 above the channel. 2150-2153 below
So today I will still observe gold in the price channel range. If there is a price trend that breaks the channel, I will re-analyze it.
I update my channel almost every day. If you are interested in my analysis, you can like me and join my channel. Thanks
💡 XAUUSD: Disadvantaged from USD recoveryThe recovery of the USD during the day put pressure on gold. After sliding to a one-week low, the US Dollar Index reversed course and posted a 0.7% gain, making gold more expensive for overseas buyers.
According to TD Securities commodity strategist Daniel Ghali, the strong buying pressure after the policy meeting appears to have dried up and gold is correcting as the market perceives there are fewer risks associated with policy easing. currency book.
According to the FedWatch Tool, traders are currently pricing in a 70% chance that the Fed will begin cutting interest rates in June, up from 65% before the rate decision.
How much profit can be made from 300k gold trading in one year?Can anyone tell me the actual situation?
I heard from friends that many people on TV don’t know how to trade. Let me take a look. Is this consistent with what my friend said?
I'm Jack. Join tradingview today. I just started posting my opinions. I don’t know what kind of sharing you like to see. You can leave a comment.
Is it technical, fundamental, market sentiment, or real-time trading?
Under the influence of news. Trend trading can be done following leading news. That means buying when the market is rising. Sell when the market falls. This requires some trading sense.
There is no news impact. Then rely on intraday range trading. Refer to technical indicators. Or market sentiment. This is relatively simple.
I believe many traders are experienced. So when I came here. We can talk more and learn from each other.
Of course, I still have good content to share with you.
Gold trading opportunities tomorrow. After opening higher. It will continue to reach a position near 2072-2080. If the position is not reached there is no stabilization. Gold can be sold. So this week will basically focus on selling. If it continues to rise. Then the short-term pullback should still be based on buying. This is what needs to be focused on tomorrow. Remember
London time: 3:16 pm. I'm Jack! See you next time.
World gold prices also set another recordSell Gold 2174-2180
SL 2185
TP 2166-213x.
Because the price has passed through Zone 2168, this Zone is being sold around the Reaction Zone According to Bien Ma on the H4 Frame. And the old location according to PA
----------------------------------
I assume the 2222 vicinity may be a brief top for the following couple of weeks, so over the week there may be deep downward correction waves, so I will specially view Sell, now no longer Buy, due to the fact the overpowering symptoms and symptoms of Buy are showing. steadily weakening for the beyond week, we are able to look ahead to Entry in those 2 areas:
Entry 1: Sell 2177, SL 2180.50, TP 2130
Entry 2: Sell 2182, SL 2187, TP 2130
All are lengthy Sell perspectives TP 40-50 fee so please be aware that after putting orders, the chance is best approximately 5%, in case your buying and selling quantity turned into critically poor ultimate week otherwise you misplaced all income withinside the beyond weeks, please evaluation your control method. capital, taking unstable capital like that won`t ultimate.
-----NEWS:
Last week, the course of globalwide gold charges persevered to be encouraged via way of means of hobby fee expectations. At the financial coverage assembly held withinside the center of ultimate week, the gold marketplace breathed a sigh of alleviation after americaA Federal Reserve (Fed) introduced new hobby fee expectations. The "dot chart" introduced on the assembly suggests that americaA Central Bank remains anticipated to behavior 3 hobby fee cuts this 12 months despite the fact that inflation stays above the goal stage of 2%. The charge of the yellow steel accelerated hastily after the assembly and changed into driven to a file excessive of 2,220 USD/ounce on March 21.
However, the recuperation did now no longer ultimate lengthy and the gold charge misplaced 50 USD because of robust promoting strain withinside the ultimate buying and selling consultation of the week. However, specialists say that traders have to be affected person due to the fact thinking about the contemporary environment, gold remains being supported.
At this assembly, the Fed remained constructive approximately the fitness of americaA economic system whilst extensively adjusting its GDP forecast. Accordingly, americaA Central Bank now forecasts that the economic system will develop via way of means of 2.1% this 12 months, up from the preceding forecast of 1.4%.
However, Kitco professional Neils Christensen isn't always very assured approximately the Fed`s forecast. Christensen stated that traders have to ask themselves, if they may be assured that americaA economic system could be resilient this 12 months, then why does the Fed want the assist of 3 hobby fee cuts?
The Everlasting Appeal of GoldGold, with its timeless allure, continues to captivate hearts and minds across generations. Its shimmering brilliance and intrinsic value make it a symbol of wealth, stability, and prestige. From ancient civilizations to modern economies, gold has retained its position as a coveted asset. As markets fluctuate and economies evolve, the enduring appeal of gold remains unwavering, offering a sense of security and continuity in an ever-changing world.
Unveiling the Mystique of Gold: A Timeless Elixir of Wealth and Gold, a substance of unparalleled allure, has captivated civilizations throughout the ages with its enigmatic charm and intrinsic value. Revered for its lustrous beauty and rarity, gold transcends mere monetary worth to embody a symbol of enduring wealth and prosperity.
In the modern era, amidst a landscape of evolving investment opportunities, gold retains its timeless appeal as a steadfast anchor in turbulent financial waters. As economies ebb and flow, and market uncertainties loom, gold stands as a beacon of stability, offering investors a hedge against volatility and a tangible asset with intrinsic value.
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Moreover, in today's interconnected world, technological advancements have opened new avenues for gold ownership and investment. From digital platforms offering fractional ownership of gold to innovative blockchain solutions facilitating transparent and secure transactions, the landscape of gold investment continues to evolve, inviting both seasoned investors and newcomers alike to partake in its timeless mystique.
As we navigate the complexities of a rapidly changing financial landscape, the allure of gold remains undiminished, beckoning investors with promises of wealth and wonder. Whether viewed through the lens of history, culture, or modern finance, gold continues to shine as a symbol of enduring value and a timeless elixir of wealth.
Gold: Shining Through the Sands of TimeIn the world of commodities, few possess the allure and resilience of gold. From its shimmering presence in ancient treasures to its indispensable role in modern finance, gold stands as a symbol of wealth, stability, and prestige. Its journey through history mirrors humanity's quest for prosperity and security, making it an eternal icon of value and endurance. As economies fluctuate and technologies evolve, the timeless shine of gold continues to illuminate the paths of investors and civilizations alike.
Gold continues to fall, and the current price is directly SellGold continues to fall from its high level. At the same time, the early 2164 support platform has also been pierced. The inverted V reversal pattern has emerged, and there is still a large downside space. In the absence of news stimulation, it will at least return to its starting point. On the 2157 line, the market continues to fall, and our short orders will be arranged to follow the market's rhythm! So you can Sell directly!
Judging from the current market situation, the bullish momentum has faded, and the shock and decline will gradually eliminate the previous bullish followers! Subsequent followers will gradually enter the market! And the market will also wait for the time to mature before going out of a waterfall market! The one-hour short corner is currently at the 2175 line, which is also the point where the moving average is suppressed. If it reaches it again within the day, we will definitely increase our position! Those with short positions will have an excellent entry opportunity!
XAUUSD: What should you do if you hold a short order?
Affected by the news, gold suddenly rose and broke through the previous high. It continued to rise after the opening today. It currently maintains a shock above 2200. The indicators have begun to show signs of weakness. Try to go short at this stage and pay attention to the resistance in the 2215-2221 range.
If the bulls are strong, the high may touch around 2230, followed by a sharp decline. First focus on the support in the 2193-2187 range, and it is more likely to fall to around 2175.
In view of the sudden outbreak of the market, today's data market is very difficult to trade. I predict that the data will be beneficial to gold bulls, but the probability of the market falling is greater. So in data trading, I will mainly be short.
Gold: A Timeless Investment in an Uncertain WorldGold, the age-old precious metal, continues to shine brightly as a cornerstone investment in today's volatile economic landscape. With its enduring allure and intrinsic value, gold remains a trusted asset for investors seeking stability and security.
At its core, gold's scarcity and tangible nature make it a reliable store of wealth. Unlike fiat currencies prone to inflationary pressures, gold's value has stood the test of time, preserving purchasing power over centuries.
Moreover, gold's versatility extends beyond its role as a monetary metal. Its unique properties make it indispensable in various industrial applications, from electronics to healthcare, bolstering its demand and value.
In times of economic uncertainty and geopolitical tensions, gold serves as a safe haven asset, providing a hedge against currency depreciation and market fluctuations. Its status as a universal currency transcends borders, offering investors a reliable sanctuary for wealth preservation.
Furthermore, gold's role as a diversification tool within investment portfolios cannot be overstated. Its low correlation with other asset classes helps reduce overall portfolio risk and enhance long-term returns.
Looking ahead, gold's timeless appeal is expected to endure, driven by its scarcity, versatility, and universal acceptance. As investors navigate uncertain times, gold stands as a beacon of stability and security, offering a timeless sanctuary in an ever-changing world.
Gold Prepares for Reversal: Analyzing Market ShiftsIn recent market movements, gold appears poised for a turnaround after a period of stagnation. Analysts speculate on factors such as geopolitical tensions, inflationary pressures, and currency fluctuations driving this potential reversal. Investors closely monitor these indicators, assessing gold's status as a safe haven asset amidst changing economic landscapes. As the precious metal readies for a potential uptrend, market watchers anticipate shifts in investment strategies and portfolio allocations. Join us as we delve into the evolving dynamics of the gold market and the implications of its anticipated reversal.