Gold price analysis February 21⭐️Fundamental Analysis
Gold prices fell as investors booked profits ahead of the release of key US economic data, including PMI and PCE inflation.
The Fed minutes did not change expectations for two rate cuts this year, but maintained a cautious stance. If the economy is strong and inflation is high, the Fed may not be in a hurry to ease policy.
Gold prices may fluctuate in the short term following economic data, but are still supported by concerns about Trump's tax policies and Russia-Ukraine tensions.
Despite the correction, gold remains a safe haven, and dips can be good buying opportunities.
⭐️Technical Analysis
Gold price is heading towards 2920 and this area is the most important area for gold today. When breaking 2920, pay attention to the 2906 area for BUY signals and just wait for the test beats to sell around 2920 when this area is broken. When gold bounces from 2920, the market continues to want to increase. As long as there is any close above 2928, gold will soon regain the resistance level of 2944. Wish everyone the best trading strategy.
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Gold price analysis February 20⭐️Fundamental Analysis
The rally came after US President Donald Trump said a trade deal with China was possible. Geopolitical concerns increased after US President Trump said Ukraine had started a war with Russia and hinted that it was time to pay back all the aid it had provided to the US.
Meanwhile, the Federal Reserve (Fed) meeting minutes from Wednesday night had little impact. Only a few members of the Federal Open Market Committee (FOMC) favored stable interest rates and were in no rush to cut. Considering this, the possibility of a rate cut in June remains.
⭐️Technical Analysis
Gold prices are currently difficult to trade as they are at an all-time high. any recovery to the breakout points is considered the best opportunity to buy gold towards the 3000 peak. Watch for recovery points around 2940-2920 for BUY signals and watch the 2970 area as today's major resistance.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold price analysis February 19⭐️Fundamental Analysis
Gold prices rose again due to concerns about new tariffs from former US President Donald Trump and the deadlock in negotiations between the US and Russia. Trump announced that he would impose tariffs of 25% or more on pharmaceuticals, semiconductors and automobiles, putting great pressure on European and Asian economies. This raised concerns about supply chain disruptions and global inflation.
In addition, the negotiations between the US and Russia did not progress, causing investors to seek safe assets such as gold and USD. However, the market is still cautiously waiting for the Fed's meeting minutes, because if the Fed maintains its stance of curbing inflation, gold prices may be restrained.
⭐️Technical Analysis
Gold prices reacted around the old peak around 2940, proving that buyers are not strong enough to push prices to create a new ATH and need a more suitable price. There are two price levels 2916-1914 and 2906-2904 which are the areas where the Buyers are very interested in jumping into the market. The price range 2924-2934 is considered as this Asia-Europe range for breakout signals when there are signs of crossing.
Gold price analysis February 18⭐️Fundamental Analysis
Top US and Russian officials will meet to discuss ending the war in Ukraine, but there are concerns that a decision may be made without the participation of Ukraine and Europe.
Weak risk sentiment has boosted demand for the safe-haven US dollar, putting pressure on gold prices. At the same time, Fed officials were cautious about inflation and interest rate policy, strengthening the US dollar and US Treasury yields. The Fed governor said that inflation is progressing slowly, possibly delaying a rate cut until 2025.
In the coming time, the market will focus on speeches by Fed officials for clues on monetary policy, as well as monitor the developments in negotiations between the US and Russia, a factor that could have a big impact on risk sentiment and gold prices.
⭐️Technical Analysis
Gold prices approached the 2915 resistance zone before the US session, marking the importance of this price zone today. When the candle does not break through 2915 when Europe enters, SELL to 2906. In case of break 2915, wait for retest buy back around 15 TP around 2927. Pay attention to price reaction around 2920. BUY zones of gold around 2906-2900-2895. SELL zones of gold 2927-2949
EURUSD analysis February 18Your trading strategy is based on a combination of strong support at 1.044 and signals from the EMA 34. This is a reasonable approach if the correction weakens and buying pressure increases.
Some notes:
Confirmation from price action: If the price reacts strongly to the 1.044 area (such as forming a reversal candlestick pattern or RSI divergence sign), the possibility of a bounce will be higher.
Risk management: Stoploss 1.03900 is quite tight, ensuring low risk. However, if the sellers are strong and break through 1.044, you need to be ready to cut losses to avoid being caught in the downtrend.
Flexible profit taking: TP1 (1.05100) is the nearest resistance zone, you can take partial profits here and move SL to breakeven to optimize profits if the price continues to 1.05700.
You can also keep an eye on momentum indicators or economic news that may affect EUR/USD to make appropriate decisions. 🚀
XAUUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Price Analysis February 12⭐️Fundamental Analysis
Asian and European traders were cautious ahead of Fed Chairman Jerome Powell's remarks to Congress. Powell said he was in no rush to adjust monetary policy and wanted to see more progress on inflation, saying the economy was in a "pretty good place." His remarks helped stabilize financial markets, helping Wall Street trim losses and the dollar recover.
Powell will continue his testimony on Wednesday, and investors are also awaiting January CPI data, which is forecast to have risen 2.9% year-on-year, with core annual growth of around 3.1%.
⭐️Technical Analysis
Gold is accepting the 2941 area as a top, and the decline has created quite clear structures. 2873-2871 is an important support zone in pushing gold prices to increase again. If gold prices cannot close the h4 candle above 2890, it will be considered a confirmation of a dow breakout and a downtrend wave that can extend to 2833. In the direction of gold going up again, 2807 and 2827 will be the zones that the SELL side will pay attention to in order to participate in the market.
XAUUSD Bearish SetupThe has arrived at the previous strong support zone when we expand this expand zone we see a clear FVG. Gold has tapped the FVG and started to move bearish. Plus for verification we also added the Fibonacci confluence we can enter the trade and can book some good profit.
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD Analysis Today : Trend Following Trading StrategyHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold price analysis February 7⭐️Fundamental Analysis
Gold prices maintained a slight upward trend in today's European trading session, hovering near the all-time high reached earlier. Safe-haven demand for gold continued to increase due to concerns about US-China trade tensions and the negative impact of the Trump administration's hawkish policies.
Meanwhile, the USD struggled as the market bet that the Fed would cut interest rates twice this year. US Treasury yields plunged, further strengthening the appeal of non-yielding gold. Investors are now focused on the US NFP employment report to determine the next trend of the market.
⭐️Technical Analysis
Gold prices continue to head towards all-time highs. The 2873 area has attracted a lot of attention from sellers before the ATH. resistance zone above note around 2898. more predicted downtrend for gold specifically a sharp fall to 2811 or deeper to 2786. pay attention to noted resistance zones for best trading strategy.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Struggles at Trendline Resistance: What’s Next?Gold Weekly Analysis
Trendline Resistance:
Gold's price has repeatedly struggled to break above the rising trendline, signaling strong resistance in this area.
Support Zone Strength:
The previous resistance zone has flipped into a solid support level, providing a safety net for any pullbacks.
Next Move:
A breakout above the trendline could trigger a strong bullish continuation.
A rejection here may lead to a pullback, with support near $2,387 acting as the critical level to monitor.
XAU: Gold's Supply Area: A Short Opportunity?As the market for gold fluctuates, there may be an opportunity to consider a speculative short position. Currently, gold appears to be retesting a supply zone, an area where selling pressure could drive prices lower. This retest may signal a shift in market sentiment, potentially leading to a retracement back to prior demand zones.
Technical Indicators: Observing price action and key technical indicators can reveal signs of weakness in gold's bullish momentum, supporting the case for a downward move.
Risk-Reward Ratio: Although taking an aggressive stance comes with risks, a well-placed stop-loss and clear profit targets can create a favorable risk-reward scenario.
Conclusion
Given these market dynamics, a speculative short position in gold, targeted at previous demand zones, could be worth considering. As always, it's essential to stay informed and manage risks effectively. What are your thoughts on this approach?
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Gold (XAU/USD): Analyzing the 4-Hour ChartAs we delve into the gold market, it's clear that the recent economic and geopolitical developments are having a profound impact on XAU/USD. The 4-hour chart provides an insightful snapshot of the current market dynamics and potential future movements.
Currently, gold is trading at $2,760.790, reflecting a slight decrease from its opening price of $2,762.960. The highest price reached in this session was $2,763.680, with a low of $2,753.618, showing some volatility in the market. The closing price stands at $2,760.790, marking a minor decline of -0.08%.
The chart highlights several critical support and resistance levels. Resistance is noted at $2,795.558, $2,721.846, and $2,696.912, while support levels are identified at $2,790.417, $2,739.758, $2,666.224, and $2,633.618. These levels will be crucial in determining future price movements, as traders look to these points for potential reversals or continuations of the trend.
A notable feature on the chart is the upward trend channel, formed by two black trend lines. This channel indicates a bullish trend in the gold market, suggesting that prices are likely to continue their upward trajectory. However, the presence of two red arrows projecting potential future movements indicates a possible short-term correction before the trend resumes.
At the bottom of the chart, the Relative Strength Index (RSI) stands at 66.03, signaling that the market is approaching overbought conditions. This is important for traders to consider, as it may indicate a potential pullback in the near term before gold resumes its upward march.
In conclusion, the 4-hour chart of XAU/USD reveals a bullish outlook for gold, driven by the ongoing economic uncertainties and geopolitical tensions. The weakening US dollar, inflationary pressures, and safe-haven demand for gold are key factors supporting this trend. Traders should keep a close eye on the support and resistance levels, as well as the RSI, to make informed trading decisions. As always, staying informed and considering all aspects of the market will be crucial for navigating the gold market successfully.
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
TRUM VS GOLDAttention traders! 💥 XAUUSD is on fire, setting new highs with precision! ⚡ Check this out:
XAUUSD Insight: 📉 Locked in a fierce contest between 2700 and 2706. 🧐 Is a breakout near?
🔻 Downside Watch: 🔻 Stay cautious for potential drops if it dips below this range! 🎯 Targets: 2696
💹 Upside Watch: 💹 Look for buying signals if it rises above! 🎯 Target 2712, 2716
💬 Engage with Us: 💬 Share your thoughts as we navigate this exciting market! 📢 Let’s achieve greatness together! 🚀✨
Gold Idea 📈 Market Bias: Bullish
Analyzing the daily timeframe on Gold, we see clear signs of bullish momentum. The price action suggests a potential move upward, targeting the liquidity above the current levels.
Key insights:
✨ Liquidity Grab: Watch for price to sweep above significant highs, triggering buy-side liquidity.
✨ Daily FVG (Fair Value Gap): A critical imbalance lies above, making it a probable magnet for price action.
The narrative aligns with bullish order flow, indicating a high likelihood of continuation to fill the daily FVG. Stay patient and wait for confirmations if you're planning to enter.
💡 Trading Reminder: Always follow your trading plan and manage risk effectively. The market often surprises, so protect your capital!
What’s your bias on Gold? Bullish or bearish? Drop your thoughts below!