Gold buy move today gold confirm buy zone Gold price yield a daily closing above the falling trendline resistance at $2,036.
The 14-day Relative Strength Index (RSI) indicator recaptured the midline, justifying the latest upswing in the bright metal.
However, traders remain cautious as a Bear Cross was confirmed on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on a sustained basis.
Amid mixed technical indicators, it now remains to be seen if the Gold price could sustain its recent upbeat momentum.
The immediate strong resistance is seen around the $2,040 level, above which the psychological $2,050 level will be back in play. Further up, Gold optimists will target the December 12 high of 2,062.
Gold buy now 2039
Confirm Target 2060
Goldbuy
Gold 🪙buy now today confirm move Gold buy XAU/USD Editorial
GOLD FORECAST AND NEWS
Gold looks to Powell speech for a clear directional impetus
Gold price is extending its pullback from a ten-day high of $2,049 reached in the early American trading on Tuesday, as the US Dollar is attracting fresh demand amid broad risk-aversion on the all-important US Federal Reserve interest rate decision day.
LATEST XAU/USD NEWS
India Gold price today: Gold holds steady, according to MCX data
By Dhwani Mehta | 5 minutes ago
Gold price drifts lower as USD stands tall near monthly peak ahead of Fed decision
By Haresh Menghani | 07:04 GMT
Gold Price Forecast: XAU/USD steady post-US data, Middle East tussles
By Christian Borjon Valencia | Jan 30, 22:55 GMT
Technical Overview
Chart Tools
Gold price seems at a critical juncture, looking to confirm an upside break from a month-long symmetrical triangle formation.
The triangle breakout could be validated should the Gold price yield a daily closing above the falling trendline resistance at $2,036.
The 14-day Relative Strength Index (RSI) indicator recaptured the midline, justifying the latest upswing in the bright metal.
However, traders remain cautious as a Bear Cross was confirmed on Tuesday after the 21-day Simple Moving Average (SMA) crossed the 50-day SMA from above on a sustained basis.
Amid mixed technical indicators, it now remains to be seen if the Gold price could sustain its recent upbeat momentum.
The immediate strong resistance is seen around the $2,040 level, above which the psychological $2,050 level will be back in play. Further up, Gold optimists will target the December 12 high of 2,062.
Gold buy Now 2039 limit 2035
Confirm Target 2055
XAUUSD buy now today gold move confirm buy zone guy's use this Just for Today! 50% OFF on your PREMIUM features. Crazy OFFER! Access our analysts and trade with them! SUBSCRIBE HERE!
Close alert
XAU/USD Editorial
GOLD FORECAST AND NEWS
Gold holds above $2,030 in choppy session
Gold price erased a large portion of its daily gains after meeting resistance near $2,040 in the European session on Tuesday. With the benchmark 10-year US Treasury bond yield struggling to gain traction ahead of US data, however, XAU/USD stays afloat above $2,030.
LATEST XAU/USD NEWS
Gold price clings to gains as Middle East tensions escalate, Fed policy hogs limelight
By Sagar Dua | 24 minutes ago
Gold Price Forecast: XAU/USD’s headwinds have recently come mainly from investors – Commerzbank
By FXStreet Insights Team | 11:42 GMT
Gold price touches two-week top as geopolitics and sliding US bond yields offset stronger USD
By Haresh Menghani | 09:01 GMT
Technical Overview
Chart Tools
Gold price rises to near $2,040, supported by geopolitical tensions. The precious metal has strengthened after delivering a breakout of the Symmetrical Triangle chart pattern formed on a daily time frame. A breakout of the aforementioned chart pattern indicates a volatility expansion, which results in wider ticks and heavy volume. The near-term appeal has turned bullish as price is sustaining strongly above the 20-day Exponential Moving Average (EMA).
However, the 14-period Relative Strength Index (RSI) oscillates in the 40.00-60.00 area, which indicates that momentum is weak.
Fundamental Overview
Gold price (XAU/USD) continues to advance amid the escalating Middle East crisis as US President Joe Biden has pledged to retaliate for unmanned aerial drone attacks on US service personnel near northeastern Jordan, near the Syrian border. Still, the precious metal could turn sideways as investors await the interest rate decision by the Federal Reserve (Fed), which will be announced on Wednesday.
Traders see the Fed holding interest rates in the range of 5.25%-5.50% amid consistently easing price pressures. Investors will focus on the timing at which Fed policymakers are comfortable for commencing the rate-cut campaign. The Fed is not confident yet that underlying inflation will sustainably return to 2% due to strong labor demand, robust Retail Sales, and a broadly upbeat economic outlook.
Gold Buy Now 2034
Confirm Target 2020
Gold buy now today Gold biggest move is buy guys use this From a technical perspective, bulls might still wait for a sustained move beyond the $2,040-2,042 supply zone before placing fresh bets and positioning for any further gains. Given that oscillators on the daily chart have just started moving into the positive territory, the Gold price could then climb to the $2,077 resistance zone before aiming to reclaim the $2,100 round-figure mark.
Gold buy now 2037
Confirm Target 2056
GOLD M30 / EXPECTING A SHORT MOVE ON SMALL TF 💲Hello Traders!
This is my forecast on GOLD M30. I will look for a short trade entry if I see the retracement from the OB H1.
My target is the resistance level at the price of 2002.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
Today Gold good move today Gold confirm is buy confirm chart From a technical point of view, XAU/USD is poised to extend its slump. The daily chart shows it met sellers around a bearish 20 Simple Moving Average (SMA), providing dynamic resistance at around the daily high of $2,036.80. At the same time, technical indicators resumed their declines within negative levels, gaining downward strength. Finally, the 100 and 200 SMAs remain below the current level, losing directional strength.
The 4-hour chart shows a long bearish candle following a test of converging 100 and 200 SMAs, also around the intraday high, and XAU/USD accelerating the slide below a mildly bearish 20 SMA. Furthermore, technical indicators accelerated north, heading south almost vertically within negative levels, in line with another leg south.
Gold buy Now 2018
Confirm Target 2035
Gold confirm analysis today Gold buy move guys use this analysisToday Gold is fall today Gold move is best
On the flip side, any meaningful strength beyond the $2,029-2,030 immediate hurdle might continue to confront stiff resistance near the $2,040-2,042 supply zone. Some follow-through buying, however, might negate the near-term bearish outlook and trigger a short-covering rally. The Gold price might then climb to the $2,077 area before aiming to reclaim the $2,100 round-figure mark.
Gold buy now 2030
Confirm Target 2045
GOLD BUY CONFIRM PREDICTION TODAY Gold price (XAU/USD) attracts some dip-buying near the $2,023-$2,022 ara on Wednesday and refreshes daily low during the early European session. The precious metal, however, remains confined in a familiar trading range held over the past four days and below the $2,040-$2,042 supply zone. Traders opt to wait for this week's important US macro releases – the Advance Q4 GDP report on Thursday, followed by the Core PCE Price Index on Friday – for cues about the timing of when the Federal Reserve (Fed) will start cutting interest rates. This, in turn, will influence the near-term US Dollar (USD) price dynamics and determine the next leg of a directional move for the commodity.
XAU LONG ( BULLISH ) 📈 As seen clearly from the xau market, its a certain bullish movement to the 2040's and could break through to 2055. As seen on the daily time-frame, we are expecting a hammer candle by the end of the movement and then a retracement through the week.
More insight would be published by then ✔️
BOOST 🚀, COMMENT 📑 and FOLLOW 🏷 for more helpful analysis 👍.....
XAU BULLISH breakdownUsing chart patterns in analysis, its a clear bullish movementt/rally up till the 2040's and could create an uptrust after distribution clearing to the 2052-2055 range before a retracement is expected and then we hedge bullish again with the market.
BOOST 🚀, COMMENT 📑 and FOLLOW 🏷 for more helpful analysis 👍....
GOLD WILL GO BUY CONFIRM Gold prices are being held back by the strong U.S. dollar, while weak physical demand for silver could be offset by the return of investment demand, according to the latest precious metals report from analysts at Heraeus.
The analysts pointed out that USD strength was the major factor in keeping precious metal prices down last week.
GOLD H1 / FVG TAKEN / GOOD OPPORTUNITY FOR A LONG TRADE ✅💲Hello traders!
This is my idea related to Gold H1. I see a very nice retracement from the resistance level. Also, the FVG on M15 was taken, and I expect a bullish move until the price of 2048, were we have a valid FVG.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
Gold finally picking up?As Gold has been falling for the past few weeks. We could see momentum pick up in the direction of gold gaining in value. Since the BTC ETF's have been approved we saw a bit of a stabilized movement with the pair. With this sentiment & analysis we saw the safe haven.. gold drop..from the looks of what it happening currently it could technically still be on a downtrend but i'd like to do a bit of counter trend trading today since the volume looks to be accommodating to the upside since London session.
*** KEY ANALYSIS ***
- I'm looking for breaks to the upside of gold of 2032.87. i need the 30mm candle to close above this point before i can have a confirmation of execution. stops under my zone at 2029.26
XAUUSD GOING TOWARDS BUY (READ DESCRIPTION)Gold price (XAU/USD) has extended its correction on Wednesday as a hawkish commentary from Federal Reserve (Fed) Governor Christopher Waller has casted doubts about a rate cut by the central bank in the March meeting. Fed policymakers have been favouring interest rates to remain higher for longer, defying market expectations, amid a lack of confidence in inflation returning towards the 2% target in a timely and sustainable manner.
GOLD H1 / SHORT TRADE ACTIVATED / STRATEGY CONFIRMED ✅Hello Traders!
In the previous analysis, I expected a retracement from the resistance level and I was looking for a short-trade from the OB.
Now we can see a very clear retracement. A good opportunity to execute short trades for scalpers or on small time frames.
Congrats to those who executed the trade.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
GOLD-Will it break through 2062 today?
The recent market focus is still on geopolitical conflicts. The current Palestinian-Israeli conflict has exceeded 100 days, Israel continues its fierce offensive, and the Houthi militia threatens to respond to the US air strikes on Yemen. This makes global investment risks continue to rise, and gold is in economic turmoil. Performance has been strong during the period, and its reliability helps offset the risk of greater asset volatility in conditions such as geopolitical uncertainty. A series of data were released last week, digesting the impact of a series of U.S. interest rate cuts. Short-term U.S. Treasury yields have been falling in the past few months, which has also provided some support to gold. Therefore, gold's safe-haven function is very strong in this cycle.
Today I think there is a high chance that gold will continue to rise
Yesterday, the range of gold was 2048-2058, which is in line with my analysis yesterday. Today we still have to pay attention to whether 2062 will break through.
Xauusd:buy2042-2045
TP:2050-2055-2058
Friends with more funds choose to buy now at 2048
If 2062 is exceeded today, I still think gold may rise to around 2075-2079
I hope my analysis can help everyone, join me, I will continue to analyze
GOLD GOING TOWARDS BUY CONFIRMGold price (XAU/USD) witnesses a sell-off after failing to reclaim the weekly high above $2,060. The precious metal drops as investors reconsider the timeframe in which the Federal Reserve (Fed) may reduce interest rates. This comes after the release of the sticky Consumer Price Index (CPI) report for December, as well as hawkish comments from European Central Bank (ECB) officials recalibrating broader market expectations.
Gold Buy now Gold price is an inch far from recapturing a weekly high of $2,063 amid persistent bets that the Fed will cut interest rates in March. The precious metal delivered a sharp recovery after discovering strong buying interest while re-testing the crucial support around $2,040. The 14-period Relative Strength Index (RSI) has shifted into the upper range of 60.00-80.00, which indicates that a bullish momentum is active.
Gold Buy now 2042
Confirm Target 2070
GOLD-analyze
There is information to focus on this week. First, the US and British troops launched air strikes against Houthi armed targets in Yemen in retaliation for attacking merchant ships departing from the Red Sea. Tensions in the Middle East have intensified, stimulating geopolitical instability and also raising prices for gold. The possibility of rising. Second, last week’s PPI data was lower than expected, supporting the Federal Reserve’s dovish policy. However, Thursday’s consumer inflation data was higher than expected. Therefore, U.S. consumer price inflation in December was still high, making it more certain to cut interest rates ahead of schedule. possibility, pay attention to the conditions for effective interest rate cuts in March. The market will focus on Wednesday, U.S. retail sales on Wednesday, weekly jobless claims, U.S. housing starts, Philadelphia Fed survey on Thursday, preliminary University of Michigan consumer confidence data on Friday, existing home sales, among which the Federal Reserve will be released at midnight on Thursday The Beige Book of Economic Conditions was released, the European Central Bank released the minutes of its December monetary policy meeting, and Draghi's speech.
The highest point of gold last week was 2062, and then fell to 2041-2042. It can be judged that 2041-2042 has strong support, and the current range is 2041/2042-2062
If it breaks through 2062, we can see that gold may rise again to around 2079
Today is Martin Day in the United States. The U.S. market is closed early. The possibility of breaking through 2062 today is not very high. Therefore, we still focus on buying.
Strategy 1:
Xauusd:buy2045-2048
TP:2053-2055
Strategy 2:
Xauusd:buy2041-2045
TP:2050-2053-2055
You can choose the appropriate trading strategy based on your funds
I will continue to observe and analyze, join me
GOLD WILL GO BUY CONFIRM PREDICTION Gold started the week under modest bearish pressure but managed to erase its losses ahead of the weekend. Investors still see a strong probability that the Federal Reserve (Fed) will opt for a rate cut in March, not allowing US bond yields to push higher and supporting XAU/USD. Next week’s calendar will not offer any high-tier data releases from the US, but Chinese growth figures and geopolitical headlines could influence the precious metal’s valuation.
Read full analysis
GOLD CONFIRM ANALYSIS (WEEKLY)The gold market was moribund for the first half of the week, but contradictory U.S. CPI and PPI data pushed gold prices sharply down on Wednesday and back up on Thursday, while a sudden escalation of conflict in the Middle East on Thursday evening saw gold prices posting steady gains heading into the holiday weekend.
XAUUSD GOING TOWARDS BUY (READ DESCRIPTION)Gold prices and the Nasdaq 100 could be at risk of a larger downward correction following the latest set of consumer price and unemployment claims figures released on Thursday. This means that new all-time highs for the precious metal and the technology index may have to wait a bit longer.