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Xauusdsetup

XAUUSD Gold Technical Analysis and Trade Idea👉🔍In this video, we closely examine XAUUSD Gold. Recently, Gold has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement. In the video, I share my insights on price action, market structure, and the trend. Remember, this content is for educational purposes only and not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
FOREXCOM:XAUUSDLong
by fxtraderanthony
XAUUSD | GOLDSPOT | New perspective | follow-up detail [8 - 12]The gold price just hit a one-month high, and the Fed's next move is on everyone's mind! The June US Nonfarm Payrolls (NFP) report showed a stronger-than-expected jobs gain, but revisions to previous months hinted at a cooling labor market. 📉 While average hourly earnings stayed flat month-over-month, they declined year-over-year, adding to concerns about economic growth. All eyes are on the Fed: The recent string of weak economic data has increased expectations for an interest rate cut by September. The CME FedWatch tool shows the probability of a rate cut has jumped to 72%! 🚀 But it's not just the US economy driving gold's gains: The ongoing conflicts in the Middle East and Ukraine, along with the BRICS bloc's push for de-dollarization, are boosting demand for gold as a safe haven asset. 🛡️ This video breaks down the key market forces shaping gold's price, and how I'm using historical data on the charts and the economic calendar to plan my trading strategy this week. This analysis is crucial for understanding the current market trends and making informed decisions. 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 $2,350 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 $2,350 might signal a resurgence of bearish sentiment. Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights. #Gold #GoldPrice #Fed #InterestRates #MarketAnalysis #Trading #EconomicCalendar #Geopolitics #BRICS #DeDollarization📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by darcsherry
1
#XAUUSD: As we planned, everything is moving as expectedDear Traders, As we explained in our previous charts that gold will rebound from 2290 region and price did exactly as we expected. Now we expect price to continue the bullish momentum up until 2500$ region, which will be our long term entry. There are major economical data on our way in this week also next week, those may impact the future trend of the Gold. However, we remain firm with our positions. **If you like our work please like and comment, follow for more such educational content**
OANDA:XAUUSDLong
by Setupsfx_
4
XAUUSD:If you are long or short, what should you do next? As of today, gold has not fluctuated much, and the resistance is mainly concentrated near 2336. From the chart, there are signs of head and shoulders. If formed, the next low point should be around 2312-2307. In terms of trading ideas, maintain low longs for the time being. What needs to be paid attention to at present is the support of the range of 2321-2317, which can be used as the area to start longs with moderate risk. Because if the market falls to around 2307, the probability of rebounding is relatively large, and the resistance of the rebound will also appear near 2318. Then the long orders added in the range of 2312-2307 will give some profits, and the longs near 2320 will suffer a small loss, but overall the transaction will end with profit. Another strategy is to start short trading directly. If the support is effective, you can add orders in the range of 2336-2346, because from a medium-term perspective, I still tend to be short-selling, and the target is maintained in the area near 2268. Therefore, no matter whether you are currently holding long or short positions, you don’t need to worry too much. As long as the account funds are sufficient, you can end up with a profit. If you have any other questions, you can leave me a message.
FOREXCOM:XAUUSD
by Allen_Ex