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Xauusdsetup

XAUUSD had a 2-input liquidity sweep last night but still returnGold This morning has Recovery Rate again to the 202x area. With the fashion in H4 and D1 as I see it, at this charge Gold can nonetheless fall further. I nonetheless count on that there might be a deep decline in Gold to the 19xx area. >Today`s model of the complete residence on the market across the area, priced 2022>2024 >SL 2026 TP2014>2000 Please plan this fee in line with H4 👌 Today is Friday weekend. I additionally propose investors to be cautious to keep away from dropping final week's profits. --------------------------- Gold fee forecast Many analysts trust that the Fed retaining excessive hobby quotes will push up the fee of making an investment in gold, lowering the enchantment of the valuable metal. Another organization of analysts stated that withinside the lengthy term, gold fees will continue to be excessive, even growth sharply whilst the war withinside the Middle East has unfold to the Red Sea. So gold nonetheless creates a few call for for conventional safe-haven assets. ------ News: Many professionals consider that falling oil charges and the growing USD are elements which might be negative to gold charges. However, gold charges nevertheless hold their present day rate degree because of the weak spot of the inventory market, in addition to the robust decline of Bitcoin. At the equal time, inflation and geopolitical dangers additionally make traders have a tendency to search for this secure haven tool. George Milling-Stanley, leader gold strategist at State Street Global Advisors, analyzed that if inflation is contained, gold charges will stabilize above 2,000 USD/ounce for the duration of 2024. However, all traders` interest is centered on the imminent economic coverage assembly of the United States Federal Reserve (Fed). Many forecasts say that the Fed will probably tighten coverage extra strongly to reduce excessive inflation. Any symptoms and symptoms of recuperation withinside the US financial system will provide the Fed extra room to preserve hobby prices better for an extended time, analysts note. In addition, many professionals are expecting that during the imminent assembly, valuable banks of numerous international locations will preserve hobby prices at the best degree in 23 years.
OANDA:XAUUSDShort
by TheLeader_WOLF
Bears piled into gold ~2035, seeking move to 2000Bearish engulfing day saw it closed beneath $2020 - a level it has flirted with but mostly respected as S/R on a daily close basis. This level was also tested on the 1-hour chart - which means support became resistance. A triple top formed on the 1-hour chart, and bears entered ~2035 to help it break below 2020, before volumes diminished. (Bears are short at the highs and may not want it to break back above the 2020 area - where a swing high formed on the 1-hour). Daily low found support at the prior HVN (high volume node), so a bounce may be due. We're ideally looking for a retracement towards / up to $2020 ahead of its next leg lower toward 2000 - 2005.
FX_IDC:XAUUSDShort
by CityIndex
GOLD XAUUSD Technical Analysis and Trade IdeaGold: A Tale of Two Timeframes - Bullish Support vs. Bearish Resistance (Technical Analysis Breakdown) This video takes a granular look at Gold's price action across both the daily and 4-hour timeframes. - On the daily: We explore bullish momentum retracing towards a key support level, setting the stage for potential upward movement. - On the 4-hour: We analyze the prevailing downtrend encountering resistance, raising questions about the immediate direction. Throughout the video, we delve into: - Navigating price action and market structure across different timeframes. - Identifying trends and other crucial technical indicators. - the interplay between support and resistance levels. This analysis is for educational purposes only and does not constitute financial advice.
OANDA:XAUUSD
by tradingwithanthony
XAUUSD - DAILY PLAN 01/09: Follow Up TrendXAUUSD - DAILY PLAN 01/09: - Gold prices fell sharply today under pressure from rising Treasury yields as expectations of interest rate cuts by the US Federal Reserve (Fed) are fading and investors await inflation data. US inflation this week to provide more clarity on the future interest rate path. - A report released late last week showed the United States created more jobs in December than economists in a Reuters poll expected. That has raised some doubts about the possibility that the US Central Bank will start cutting interest rates in March. - According to the CME FedWatch tool, the market currently forecasts a 69% chance that the Fed will cut interest rates at the Fed's policy meeting on March 19 and 20. The US is expected to release consumer price index data on Thursday. 📌Trading plan: 🔼 Buy Gold Entry: 2019 - 2017 Stop Loss: 2014 Take Profit: 2026 -2038 -2045 🔽 Sell Gold Entry: 2070 -2073 Stop Loss: 2075 Take Profit: 2064 - 2058 – 2045
OANDA:XAUUSDLong
by AETradingForex
XAUUSD:Initial jobless claims data analysis Guys, there is important news and data today. During U.S. trading time, the market will be more volatile. Everyone should have good profits this week. Don’t be too greedy. If your account is relatively small, I recommend not to participate in the data market. You can wait for the data to be released and look at the market conditions before deciding whether to participate in subsequent transactions. Of course, this is just a suggestion. If you want to trade, please strictly manage risks! Judging from the current shape of the market, there should be a pullback before the data is released, and I think today’s data is more likely to be bullish for gold. Therefore, if the market is as expected and falls before the data is released, you can start to go long. If not, it is best to go short in batches after the data is released, so that the probability of being trapped is smaller. Good luck, everyone!
FOREXCOM:XAUUSDShort
by Allen_Ex
1
Gold Price Forecast: XAU/USD Rises as Traders Reverse Course Gold faced a significant setback on Wednesday after breaking through the technical support range of $2,050-$2,045. Should gold linger below this threshold, sellers might gather momentum to drive prices towards the 50-day simple moving average around $2,010. Further weakness could pivot towards $1,990, followed by $1,975. In a scenario where sentiment favors buyers and XAU/USD initiates an upward trend, resistance will emerge around $2,045-$2,050. Surpassing this hurdle may pose a challenge for the bulls, but a successful breakthrough could pave the way for retesting the late December highs. Further strength could redirect focus towards the near all-time high around $2,150. Gold's recent movement indicates a delicate balance between buyer and seller sentiments, with key levels playing pivotal roles in determining the next directional move. Crossing resistance barriers will be crucial for renewed bullish momentum, while sustained weakness could reinforce the downward trend.
FOREXCOM:XAUUSD
by Larissa-Trader