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Xauusdwave

XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
1
Attention turns to PMI data - Next targetGold price is making headway for another run higher on Friday, having stalled its recovery mode a day before. Gold price is set for the first weekly gain in five weeks, as the United States Dollar (USD) has paused its uptrend ahead of the high-impact United States Services PMI data. Gold price is back in the green on the final trading day, with the renewed upside likely due to a retreat in the US Dollar alongside the US Treasury bond yields across the curve. Investors weigh the prospects of more US Federal Reserve (Fed) rate hikes, in the face of increasing worries over a ‘soft-landing’ amidst a mixed slew of economic data releases from the United States. Hot inflation in the Eurozone and the US pushed global yields higher, sending the US Treasury yields to multi-month highs in tandem, which limited the upside in the Gold price. However, the benchmark 10-year US Treasury bond yields have pulled back from four-month highs, motivating Gold bulls once again. Attention now turns toward the US ISM Services PMI data for February due later in the North American session for a fresh take on the Fed expectations, especially after Atlanta Fed President Raphael Bostic said that "slow and steady is going to be the appropriate course of action," which took the wind out of the US Dollar rebound. The headline US Services PMI is seen easing to 54.5 vs. 55.2 previous. Meanwhile, the ISM Services Prices Paid (Feb) is likely to drop sharply to 64.5, compared to 67.8 reported previously. Support Level: 1,825.90 1,812.20 1,803.00 Resistance: 1,848.00 1,863.70 1,877.50 Recommendations for trading gold: Buy 1824 - 1826 Stop Loss: 1821 Take profit 1: 1835 Take profit 2:1840 Take profit 3: 1850 Sell 1848 -1849 Stop Loss: 1851 Take profit 1: 1835 Take profit 2:1830 Take profit 3: 1825 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSDShort
by DNAchampions
1
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
#XAUUSDOur response is between two ranges of 100. We saw 127 Fibo projections of a downward movement. Currently, it is expected that in the form of a correction (ascension) from the downward trend to the range of 1888.23 overlapping with the ceiling of the channelized minor wave. If the above range is broken, we can expect growth up to the range of 1895.40 based on the pivot point time of 30 minutes. ((In general, sharp moves have 50% correction power)) If both targets are touched, the price movements should be re-examined.
FOREXCOM:XAUUSD
by maryammh
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to our previous analysis of XAUUSS, GOLD went UP very fast in the previous weeks. Because of the NEGATIVE SENTIMENT against the dollar, US10Y went down due to this. Then I automatically bought GOLD. But the last day all those INFLATION INDICATORS were NEGATIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. We have some very important NEWS coming to USD this week. Be sure to keep an eye on it. Anyway we expect that GOLD will go UP to 1975 LEVEL. Before that, GOLD may go down to the 1892 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, GOLD went UP very fast in the previous weeks, BREAKING the TREND LINE. Due to this US10Y went down. These days the FED RATE HIKE SLOWDOWN SENTIMENT and, in the short term RETAIL SALES, NFP and PMI DATA being POSITIVE, managed to make the USD STRONG. But since all the ECONOMIC INDICATORS were positive the other day, GOLD was slightly SELL yesterday. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being ON. We have some very important NEWS coming to USD this week. Be sure to keep an eye on it. Anyway, we expect that GOLD will go up to 1875 LEVEL. Before that, GOLD may go down to the 1744 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUS GOLD ROCKET 04.12.22 WEEKLY ANALYSIS XAUUSD Rocket Again Technical Reason For Short Term Fall and Bullish 1. Single Candlestick Pattern Confirm the Hanging Man and tends to ShortS Sell and retest the zone 1760-1770 2. W patte Confirm the breakout in 1800 and tends to bullish and make Long Target of 1880 and short Target of 1815 Fundamental Reason 1. DXY sitted around the 104 which is Major Support and Tends to fall eas target of 97.4 2. When dxy retest a Higher of 106 then Gold retest 1760-1770 and make a Higher High Overall Possible Outcomes XAUUSD BUY @ 1760-1770 SL 1730 TP 1880
OANDA:XAUUSDLong
by kripsonfx97
2
GOLD - Only each day shut above 1730 would change this mid-termAs virtually everybody has anticipated, Gold reversed from 1680-1690 zone help and now could be buying and selling 200 pips above this essential zone. However, for my part, this isn't a reversal of the leg down from above 1800 began in mid-August, however only a correction. Looking at the posted chart we will see that above 1720 is a robust confluence resistance given by the outdated horizontal help and the falling trend line and right here merchants should search for promoting alternatives. Only each day shut above 1730 would change this mid-term bearish outlook.
OANDA:XAUUSDShort
by forexinworld