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Xauusdsetup

Gold Trading Plan - 27/Nov/2023Hello Traders, Hope you all are doing good!! I expect Gold to go Up after finishing the correction. Look for your BUY setups. NOTE: Many of my earlier posts have been hidden by TradingView due to some house rule violation. They informed it after 6 months of me using the watermark for my company name. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
OANDA:XAUUSDLong
by For3xScalper
XAUUSD:Friday trading strategy Today's market is more in line with our expectations. Data trading is very successful and has brought us huge profits. Regarding tomorrow's market, my view is to go short first and then go long. Trading is carried out around the 1964-1988 range. The support focuses on the vicinity of 1974, and the strong resistance is 1993-1996. Short selling during the Asian trading time. If the support of 1974 and 1964 is effective, then we can trade long during the European and American time periods. technical analysis: During the U.S. trading session today, data and news caused gold to rise to 1987. It was under pressure and fell back. In the 45m chart, the momentum of the MACD indicator has obviously weakened. Tomorrow is Friday, and there is no special news. the market will not fluctuate greatly, and the weakness of 45m will gradually increase to 1h. Therefore, my trading point of view is to go short in the Asian market. Good day and wish us good luck!
FOREXCOM:XAUUSDShort
by Allen_Ex
XAUUSD: Gold analysis and operation Yesterday, the Federal Reserve released CPI annual rate data performance is relatively poor, below market expectations. The dollar fell in response. Gold rose on the day. Early this morning, 1961-1962 straight up. Continuation of yesterday's trend, the horizontal directly broke 1971. Programme: 1977-1980 empty, objectives 1970-1966:; Step back 1966-1963 more. If you are confused about trading, please join me, I believe you will have a great harvest!
FOREXCOM:XAUUSDShort
by HectorBrown1
2
He predicts that the price of gold will fall by 1950.Gold prices fell below key levels in Asian trading on Tuesday as traders turned to the dollar ahead of U.S. inflation data that is widely expected to confirm certain interest rate trends. Profit-taking has been active in the yellow metal over the past two weeks, pushing its price to its lowest level in more than three weeks, as prospects for higher long-term U.S. interest rates weaken the yellow metal's outlook. As of 12:32 pm ET, spot gold was down 0.1% at $1,944.71 an ounce, and December gold futures were down 0.1% at $1,948.25 an ounce. . Focus is on rising US CPI, dollar and yields Gold prices came under pressure from a stronger dollar and U.S. Treasury yields as markets focused primarily on interest rate-sensitive assets ahead of consumer price index inflation data later this month. Statistics show that inflation is expected to slow in October after it has exceeded expectations over the past two months. The news also came shortly after many Federal Reserve officials warned that high inflation could incentivize banks to raise rates further. A longer period of interest rates is expected to increase the opportunity cost of investing in gold bullion, putting downward pressure on the gold price. This trade had a negative impact on gold last year, leaving the outlook for gold uncertain. But predictions of a slowdown in the global economy have put some buyers of the yellow metal on hold. Statistics released later in the day are expected to show the eurozone entering a technical recession in the third quarter. The ongoing war between Israel and Hamas is also expected to boost demand for gold as a safe-haven asset, but traders have started pricing in the yellow metal as much less risky in the past two weeks. .
OANDA:XAUUSDShort
by AstronautPioneer