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Forextrading

Gold faces pressure from investors when in high positionWhile investors are also cautious about how hawkish the Fed will be Caution and profit-taking pressure may be factors that prevent gold from continuing to rise. However, many recent forecasts show that the medium and long-term trend of gold is still quite bright. Demand for this commodity is forecast to increase. Major funds in the world are also increasing their gold reserves According to technical analysis, gold prices still tend to increase strongly in the short term
TVC:GOLD
by TrategySherpa
XAU tends to fall as investors take profitsGold prices surged in the first session of the week after Federal Reserve Chairman Jerome Powell delivered a historic speech at the Jackson Hole conference, marking a reversal in US monetary policy. Accordingly, Mr. Jerome Powell signaled that "it is time to adjust policy", reducing interest rates to support the economy. According to Mr. Powell, inflation has gradually decreased closer to the 2% target, while expressing concerns about the US labor market. The USD immediately fell sharply, thereby pushing gold prices up.
OANDA:XAUUSD
by TrategySherpa
Fed rate cut expectations unlikely to materializeSpot gold rose 0.3% to $2,518.forty seven an oz., barely underneath its preceding top of $2,531.60 an oz. hit closing week. US gold futures additionally rose 0.3% to $2,555.20. Interest charge expectancies and safe-haven call for on Middle East tensions may want to push gold better withinside the quick term, with XAU/USD forecast to go towards $2,six hundred an oz.. China`s latest halt in gold purchases has weighed at the valuable metal. However, Grant stated that although China does now no longer return, primary financial institution call for remains robust and could remain robust.
TVC:GOLD
by TrategySherpa
Rate cut expectations and geopolitical concernsSpot gold rose 0.3% to $2,518.47 an ounce, slightly below its previous peak of $2,531.60 an ounce hit last week. US gold futures also rose 0.3% to $2,555.20. Interest rate expectations and safe-haven demand on Middle East tensions could push gold higher in the short term, with XAU/USD forecast to head towards $2,600 an ounce. China’s recent halt in gold purchases has weighed on the precious metal. However, Grant said that even if China does not return, central bank demand is still strong and will continue to be strong.
OANDA:XAUUSD
by TrategySherpa
Gold likely to hit 2600Gold expenses fell however remained close to their current document highs, supported through a weaker US greenback and growing expectancies of a price reduce on the September assembly following dovish remarks from Federal Reserve Chairman Jerome Powell. Traders have now completely priced in a price reduce subsequent month, with a 64% threat of a 25 foundation factor reduce and a 36% threat of a 50 foundation factor reduce, consistent with the CME FedWatch tool. Zaner Metals senior metals strategist Peter A. Grant stated that price expectancies and safe-haven call for because of issues approximately Middle East tensions may want to push gold expenses better withinside the quick term, and forecasted that XAU/USD may want to pass towards $2,600/ounce.
TVC:GOLD
by NicoTradingMaster
The gold rally is not over yet, because FEDCurrently, according to the CME FedWatch tool, the market is 36.5% certain that interest rates will be cut by 50 basis points at the monetary policy meeting next month. Experts said that the move to loosen monetary policy will have a negative impact on the USD, which is good support for the upward trend of gold prices. The biggest risk for the precious metal market in the coming time is inflation data, focusing on the US personal consumption expenditure (PCE) index in July. If inflation decreases, it will strengthen the possibility of the Fed easing monetary policy. Conversely, if inflation increases, it will be a drag on precious metals.
TVC:GOLD
by TrategySherpa
gold short term trading strategyLower bond yields appropriately mirror the weakening of the macro economy. He additionally mentioned that now no longer best have jobs been lost, however even white-collar, extraordinarily professional jobs have now no longer multiplied a good deal during the last year. Investors had been amazed with the aid of using a dovish speech at Jackson Hole. The inventory marketplace reacted undoubtedly after Powell`s speech, attaining close to report highs. However, investors had been nevertheless amazed due to the fact Powell's speech went past what they expected. The Fed is probably to reduce costs with the aid of using 25 bps in September, and probably even 50 bps, relying on how the August jobs document performs out. More importantly, the transition from monetary stimulus to economic stimulus has despatched bond yields plunging, down eighty bps considering Hartnett commenced recommending bond shopping for in May. While retail income may also have multiplied in nominal terms, they've slightly grown in actual terms—that is, after eliminating the effect of inflation—which shows a weakening in client spending and spending withinside the present day monetary environment.
TVC:GOLD
by TrategySherpa
XAU continues to increase in the coming timeGold Just Overtakes EUR to Become World's Second-Largest Reserve Asset Fed Prepares to Cut Rates. Meanwhile, gold has risen to become the world's second-largest reserve asset, surpassing EUR, thanks to strong demand from central banks. Investors Surprised by Dovish Speech at Jackson Hole. Stocks reacted positively to Powell's speech, hitting near record highs. However, traders were still surprised by Powell's speech, which went beyond what they expected. The Fed is likely to cut rates by 25 bps in September, and could even cut by 50 bps, depending on how the August jobs report goes. More importantly, the transition from fiscal stimulus to monetary stimulus has sent bond yields plunging, down 80 bps since Hartnett started recommending bond buying in May.
OANDA:XAUUSD
by TrategySherpa
GBPUSD / TRADING ABOVE TURNING LEVEL - 4HGBPUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above turning level at 1.292 . Turning Level: The price is currently trading above this level around 1.292. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected. support Level (1) : around 1.283 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.292. If the price reaches 1.283 , and stabilizes below it, it will likely attempt to reach support level (2) support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.266 . Resistance Level (1): As long as the price remains above the turning level of 1.292 , it suggests a rising towards 1.303 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2). Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.310 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.316 . Channel Trend: the prices trading inside the channel . TARGET LEVEL : RESISTANCE LEVEL : 1.303 , 1.310 , 1.316 . SUPPORT LEVEL : 1.283 ,1.275 , 1.266 .
Long
by ArinaKarayi
USDJPY ( INSIDE ACCUMULATION ZONE ) - 4H USDJPY - 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 145.490 . Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 145.490 turning level , it is likely to move upward toward the resistance levels of 147.677 and then 150.861. Downward Condition : To reach the 144.073 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 145.490. If it stabilizes below support level (1) , a further decline toward the support level (2) at 142.268 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 147.677 . RESISTANCE LEVEL (2) : 150.861 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 144.073 . SUPPORT LEVEL (2) : 142.268 . TURNING LEVEL : 145.490 .
Long
by ArinaKarayi
1
USDCAD / BREAKOUT ASCENDING CHANNEL - 4H USDCAD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 1.360 . Downward Condition : With the price holding steady at the current turning level at 1.360 , it is likely to decline towards the support level of 1.354. If it stabilizes below this level, it could then reach the next target level of 1.350 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.360, leading to a rise toward the resistance level (1) at 1.369 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.376 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 1.369 . RESISTANCE LEVEL (2) : 1.376 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 1.354 . SUPPORT LEVEL (2) : 1.350 . TURNING LEVEL : 1.360 .
Short
by ArinaKarayi
1
GOLD / INSIDE SENSITIVE AREA - 4H XAUUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 2,507$ Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 2,507$ , it is likely to move upward toward the resistance levels (1) at 2,532$ and then resistance level (2) at 2,555$. Downward Condition : To reach the 2,475$ support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 2,507$ . If it stabilizes below support level (1) , a further decline toward the support level (2) at 2,459$ can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 2,532$ . RESISTANCE LEVEL (2) : 2,555$ . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 2,475$ . SUPPORT LEVEL (2) : 2,459$ . TURNING LEVEL : 2,507$ .
OANDA:XAUUSD
by ArinaKarayi
XAU will continue to increase in the coming timesaid the gold market is focused on the Fed's interest rate cut. Since the beginning of the year, gold prices have increased by more than 20%, as investors expect the Fed to cut interest rates soon. "Gold prices are still rising despite high interest rates. Data shows that gold prices have been stable for a long time even before the Fed did not cut interest rates When interest rates decrease, gold tends to increase. Investors see this as a tool to hedge against inflation. The strong gold market is also thanks to central banks actively buying to reduce dependence on the USD. This positively supports gold prices to reach new peaks.
OANDA:XAUUSD
by NicoTradingMaster
THE KOG REPORTTHE KOG REPORT: In last week’s KOG Report we gave the resistance levels above and said if they held, we would see an opportunity to attack the support levels of 2470-75. It’s that support level we wanted to the long trades up into the 2520 and above that 2530 levels for the week. We gave KOG’s bias of the week and bullish above with target levels 2510 (complete), 2525 (complete) and 2540 which hasn’t been achieved as yet. We completed numerous gold targets, the red box strategy gave us some extremely decent entries and exits for the scalps and once again, we managed to trade this following it’s path. So, what can we expect from the week ahead? We’ve had a nice close which hasn’t quite confirmed a further move upside as yet, so we’ll play the bank holiday with caution. We would like to see how price reacts at the 2520-22 region, and if rejected, there is potential there for this to correct back down into the 2500-5 price region. It’s this support level that is important, if held, we see an opportunity to then long back up towards the 2530-35 region as the first target. It's those higher levels, 2530-35 and above that 2540 that we want to keep an eye on. If we see any sign of a structure change there, we'll want to short this again. For this week we want to play a little defence on the markets, as it’s a bank holiday week and the last week of the trading month. The weekly and monthly close are really important to determine future price on this precious metal, so please, if you’ve followed us, you should have had a decent month, take a little step back this week and monitor price. We’ll be looking at key and extreme levels expecting the repercussions of Jackson Hole on Tuesday onwards. KOG’s bias of the week: Bullish above 2490 with targets above 2420 and above that 2430-35 Bearish on break of 2490 with targets below 2465 Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
6
XAGUSD / TRADING UNDER DOWNWARD PRESSURE - 4HXAGUSD / 4H TIME FRAME HELLO TRADERS Tendency , prices is under downward pressure , until trading below turning level at 29.65 . Downward Condition : With the price holding steady at the current turning level at 29.65 , it is likely to decline towards the support level of 28.85. If it stabilizes below this level, it could then reach the next target level of 28.11 . Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 29.65 , leading to a rise toward the resistance level (1) at 30.48 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 31.28 . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 30.48 . RESISTANCE LEVEL (2) : 31.28 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 28.85 . SUPPORT LEVEL (2) : 28.11 . TURNING LEVEL : 29.65 .
OANDA:XAGUSDShort
by ArinaKarayi
TSLA / DECLINE BEFORE RISING - 4HTSLA / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 195.12 Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 195.12 , it is likely to move upward toward the resistance levels at 227.92 and then 253.52 . Downward Condition : To reach the 168.36 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 195.12 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 141.32can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 227.92 . RESISTANCE LEVEL (2) : 253.52 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 168.36 . SUPPORT LEVEL (2) : 141.32 . TURNING LEVEL : 195.12 .
NASDAQ:TSLALong
by ArinaKarayi
2