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GOLD - short-term test of the 2300 areaWorld gold expenses this week are forecast to have a variety of fluctuations while the marketplace gets a variety of critical information, along with the buying control index document withinside the production and carrier sectors, and the quantity of packages reported. unemployment blessings and May`s non-farm payrolls document. Central banks' selections this week will probably reason markets to recalculate the timing and scale of the Reserve's hobby price easing Federal Reserve (Fed). Commenting on gold rate developments this week, 10 Wall Street analysts participated in Kitco News's Gold Survey, the effects confirmed that 6 experts (accounting for 60%) anticipated gold expenses to upward push better subsequent week. . 2 analysts (equal to 20%) are expecting expenses will decline and the equal quantity suggests that gold has a tendency to transport sideways because it awaits route subsequent week. Meanwhile, 128 retail traders on Main Street (equal to 58%) are expecting gold expenses will boom subsequent week. fifty three traders (24%) forecast decrease expenses, forty one respondents (18%) leaned closer to a impartial view at the route of gold expenses withinside the brief term.
TVC:GOLDShort
by Chart_MasterPro
GOLD - Important nonfarm news that has an impact?Like final night, I additionally commented and shared pretty truly approximately this week`s Gold Trend. >At this rate, I will watch to promote Gold in line with the MA newspaper's Trend and could await Nonfarm information this weekend. With the cutting-edge Gold price, you may talk over with the Gold Sell Watch on Zone 2338>234x And Canh Buy is withinside the Canh Buy resistance quarter 2322>2325 SL 2320 TP 2333>234x If Gold Pha can byskip thru 2320, anyone will Sell to the response of Zone 2310>2300 in line with the vintage resistance line.
TVC:GOLD
by TheLeader_WOLF
XAUUSD: 30/5 Analysis and Strategy TodayGold technical analysis Daily resistance 2370, support below 2300 Four-hour resistance 2343, support below 2300 Gold operation suggestions: Yesterday, gold technically came under pressure at the 2363 mark in the Asian and European sessions, and fell back and bottomed out. It showed a unilateral short-selling decline throughout the day. The weak rebound in the US session came under pressure at the 2347 mark and fell again. The overall price ushered in short-selling pressure adjustment at the 2360 mark, and the short-term technical indicators still showed a weak short position. From today's perspective, there is still an expectation of further downward decline in gold. The upper resistance of the intraday rebound focuses on the opening of the US hourly line yesterday, 2347-2350. The intraday rebound relies on this position to continue the main short and follow the trend to look down. The short-term long and short strength watershed focuses on the 2370 mark. Before the daily level breaks through and stands on the 2370 line, any rebound is a short-selling opportunity, and the main tone of participating in the trend is maintained. SELL:2370 near SELL:2360 near SELL:2347 near BUY:2303 near Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
Gold price moves sideways before the falling thresholdWorld gold fees inched up barely once more in today`s buying and selling session. Macquarie commodity strategists stated in a file that at the same time as expectancies for hobby price cuts have lately dwindled amid consistently excessive inflation, gold fees retain to expose power because of diverse underlying effective factors. The studies corporation determined that gold fees have hit new highs, pushed with the aid of using drivers aside from US hobby prices and the dollar. The yellow metallic has benefited from a broader threat-on sentiment in metals markets. Gold fees have outperformed throughout diverse asset training and on the macroeconomic level. It implicitly trades on its recognition as a secure asset with out a counterparty threat, instead of the possibility prices related to maintaining a zero-yielding asset. Furthermore, gold fees were supported with the aid of using threat assets. Macquarie highlighted that crucial financial institution gold purchases are nonetheless monitoring above pronounced levels, suggesting institutional hobby withinside the valuable metallic stays sustained. The gold derivatives marketplace is right here to stay, in particular while measured in notional quantities in US greenbacks instead of in lots. However, the marketplace role is stated to have end up much less worrying after current rate adjustments. Trading volumes at the Shanghai Futures Exchange (SHFE) have stabilized after a giant boom in April, however spreads in China stay excessive, suggesting persevered hobby and pastime withinside the gold marketplace from Chinese traders. Gold fees' resilience, notwithstanding a more potent Dollar supported with the aid of using variations in relative US financial policy, indicates buyers are searching past the United States hobby price marketplace in relation to to gold.
TVC:GOLDShort
by Chart_MasterPro
Gold continues to sell accurately. The target is 2300 or lower Gold continues to create new lows this week. At present, many people may think that the market will rebound sharply again. I think it is difficult. Because there is no important news to drive the gold price up sharply. And the market is still in a downtrend. The trend is a sharp rise before the technical repair. In the short term, it is expected to fall below 2,300 points. Everyone should be mentally prepared. COMEX:GC1! OANDA:XAUUSD TVC:GOLD The current price can still continue to sell. The upper pressure is at 2345-2351
TVC:GOLDShort
by AA_Jack
1
XAUUSD: 29/5 Analysis and StrategyGold technical analysis Daily resistance 2370, support below 2327 Four-hour resistance 2370, support below 2343 Gold operation suggestions: After testing the 2340 support yesterday, it stabilized and rose to a high of 2364, and finally closed at a high level, rebounding for three consecutive trading days after the plunge. From the current trend, today's short-term pressure focuses on 2370. Today, we will rely on this position to go short first. The short-term support below focuses on the vicinity of 2343. If we step back and stabilize this position during the day, we can go long once, and then look at the shock recovery. The overall support during the day is to participate in the high-altitude and low-multiple cycles in the 2343-2370 area, and look at the rhythm of alternating long and short shocks, and wait patiently for key points to enter the market. SELL: near 2370 BUY: near 2343 Technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
1
The amount of selling pressure strongly affects the trend of golGOLD- 10:30 May 30, 2024 Dear traders! Gold skilled vast volatility the day before today because it slid sharply above the $2,347 guide degree and reached the $2,334 mark consistent with a conventional bearish flag structure. At the time of writing, the rate is aiming to check the $2,325 mark amid a correction and sell-off supported through a more impregnable US Dollar and better US bond yields. Diminishing expectancies of a Federal Reserve hobby price reduce in September have induced a few promoting strain at the valuable steel because it will growth the possibility price of gold. Accordingly, the resistance place at 2347 USD keeps to maintain the rate and is actively covered through dealers on a down wave basis. I assume a take a look at of horizontal guide and a rebound to retest the 34.89 EMA, the rate response to the liquidity sector might be consistent with our promoting strategy. It is predicted that the rate will attain as a minimum 2325 and 2307.
TVC:GOLDShort
by Chart_MasterPro
GOLD - Many factors will be surprisingGOLD PRICE ANALYSIS - May 29, 2024 SCALP--Sell ​​gold across the fee variety of 236x Yesterday the fee did now no longer attain the anticipated degree as a way to promote. During the day, the fluctuations had been pretty gentle. However, it could additionally be visible that the fee restoration has regularly exhausted itself, with the fashion of traders trying to promote extra and extra. Traders nowadays can prioritize locating Sell points. -- Gold costs fluctuated these days as buyers waited for americaA to launch inflation statistics withinside the following few days to are expecting while to reduce hobby rates. The data which can marvel the gold marketplace withinside the following few days is americaA center private intake fees index (PCE) - an critical inflation degree of americaA Federal Reserve (FED). Meanwhile, a few FED officers agree with that americaA financial system nonetheless has the cappotential to get better significantly. They need to peer extra nice inflation statistics earlier than reducing hobby rates. In reaction to the above data, the USD has reduced in rate as compared to many different robust currencies. Today`s global gold rate has situations to consolidate its upward momentum.
TVC:GOLD
by Chart_MasterPro
XAUUSD:28/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2370, support below is 2327 Four-hour resistance is 2370, support below is 2327 Gold operation advice: Yesterday, the overall price of gold stabilized above 2330 in the short term. However, the current hourly line and 4-hour chart are still in the downward rhythm of short pressure. The 4-hour level still sees a suppressed and volatile operating rhythm until it reaches the 2400-point integer mark. Judging from the current trend, today's short-term pressure will focus on 2370. During the day, counterattacks will rely on this position to be bearish. The short-term support below will focus on around 2340. Today, the overall focus will be on selling high and buying low in the 2340-2370 area, and trade cautiously in the middle position. SELL:2370near SELL:2360near BUY: 2340near Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
GOLD - gold price cannot cool down yetForecast Lukman Otunuga, leader marketplace analyst at FXTM, predicts that with buyers presently having a bet on simply one Fed price reduce in 2024, the marketplace can be tilting in a bearish direction. Lukman Otunuga stated that if the May PCE file is launched better than marketplace forecasts, this will deal every other blow to expectancies of Fed hobby price easing, inflicting gold expenses to fall even deeper. But analysts expect that traders are nevertheless having a bet on gold expenses to boom withinside the close to future. Forecasts say that with the aid of using the give up of the week, gold rate will boom to 2,375 USD/ounce./. ----------------------------
TVC:GOLD
by Chart_MasterPro
GOLD increases - geopolitical tensions and FED interest ratesAccording to analysts, the USD weakens best withinside the brief term. More importantly at the prevailing time, the gold marketplace is popping its eyes to the May US non-public intake expenditure index (PCE) record to be posted on June 1. Most professionals accept as true with that this index will boom greater than formerly forecast, making the time to reduce hobby quotes via way of means of the United States Federal Reserve (Fed) more and more more distant. Therefore, CEO Marc Chandler of Bannockburn Global the Forex market found out that valuable metals have become very unstable for owners, inflicting traders to more and more more depart and now not be interested by the gold marketplace. . In addition, the lower in gold call for from Chinese traders and the easing of the effect of geopolitical dangers after the helicopter crash that killed the Iranian President also are damaging factors. for valuable metals. Gold charge forecast Lukman Otunuga, leader marketplace analyst at FXTM, predicts that with buyers presently making a bet on simply one Fed price reduce in 2024, the marketplace can be tilting in a bearish direction. Lukman Otunuga stated that if the May PCE record is launched better than marketplace forecasts, this will deal some other blow to expectancies of Fed hobby price easing, inflicting gold costs to fall even deeper. But analysts expect that traders are nevertheless making a bet on gold costs to boom withinside the close to future. Forecasts say that via way of means of the cease of the week, gold charge will boom to 2,375 USD/ounce.
TVC:GOLD
by TheLeader_WOLF
XAUUSD: 22/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2450-2500, support below is 2411-2371 Four-hour resistance is 2435-2450, support below is 2411-00 Gold operation suggestions: Yesterday, the technical aspect of gold fell rapidly in the Asian market and pierced the 2406 mark, ushering in a stabilizing recovery. In the afternoon, the gold price stepped back down for the second time and stabilized at the 2408 mark, ushering in a bull shock recovery. NY time quickly surged above 2433 and fell back under pressure. After testing the effectiveness of the support around the 2406 mark, the overall price ushered in a rebound and repair market that bottomed out. However, the top still suppressed the operation in the 2435-2440 area. Judging from the current trend, the lower support focuses on yesterday's low of 2406-2408, the upper short-term pressure focuses on 2430-2435, and the focus is on the suppression of 2450. Let's first see that gold maintains a wide range of long and short fluctuations in this range. In the middle position, watch more and move less. , trade cautiously and wait patiently for key points to enter the market. BUY:2411 near SL:2406 BUY:2400 near SL:2397 BUY:2435 near SL:2430 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Gold prices fell for the third consecutive dayGold rate has reduced for the third consecutive day If calculated from the height region of 245x .In the global marketplace, valuable metals retreated to round 2,326 USD/ounce, down greater than forty USD in line with ounce as compared to the preceding session. According to analysts, global gold costs plummeted whilst the marketplace diminished expectancies for americaA Federal Reserve (FED) to reduce hobby fees. The USD index expanded sharply to 105.09 points. UOB Group specialists expect that the FED will begin reducing hobby fees subsequent September, and there can be handiest greater hobby charge cuts this year, in September and November 2024.
TVC:GOLDShort
by TheLeader_WOLF
Is gold price selling or buying? I think it's like this MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! TVC:GOLD Bombarded by the Fed's comments, the market ended its ultra-short-term bullish trend. Reverse downward. It is still continuing to fall. Gold price is at the critical stage of 2370. Policy was tightened and the deadline for interest rate cuts was once again extended. It directly boosted the US dollar and shot up to 104.96 in the short term. At the same time, the European Central Bank sent an assist and is expected to cut interest rates in June. The side boosted the dollar again. In terms of operation, we still need to observe whether the support near 2370 below is effective. If it is effective in the short term, we need to pay attention to the target position near 2388. If the impact of the news intensifies, you need to pay attention to the targets below 2354-2358. Stay tuned for real-time trading signals from the top trading circles.
TVC:GOLDLong
by AA_Jack
Gold price trend analysis and plan on the 13th There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the impact of news. The current support of the trend is also located near here. I personally think that 2330-2335 is a suitable buying range. Pay attention to controlling risks during operation.
TVC:GOLDLong
by AA_Jack
GOLD continue to maintain growth in the short term#GOLD: Gold rate the day before today went as predicted while it examined the 2410 region after which extended again. Observing at the H4 body after you may see a bullish candlestick sample after the doj candle round 2416. The situation suggests that GOLD is predicted to preserve to growth withinside the brief time period so that you can recall shopping for up. with GOLD consultation today. Target is again as much as 2430-2440
TVC:GOLDLong
by TheLeader_WOLF
1
XAUUSD:21/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2450-2500, support below is 2411-2371 Four-hour resistance 2435-2450, support below 2411 Gold operation suggestions: Judging from the current market trend, the lower support continues to focus on yesterday's NY time low near 2411, and the upper pressure focuses on the short-term near 2435, focusing on the suppression of 2435. Relying on this range to maintain a wide range of shock operation, the short-term bulls' strong dividing line still focuses on the 2400 integer mark , before the daily level falls below this position, it still maintains the long advantage and continues to sell high and buy low. BUY:2435 near SL:2430 BUY:2411 near SL:2406 BUY:2400 near SL:2397 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
1
XAUUSD: 20/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2450-2500, support below is 2413-2371 Four-hour resistance is 2450, support below is 2413 Gold operation suggestions: The strong dividing line for short-term bulls has moved to the 2400 integer mark, and the daily level has stabilized above this position and continues to maintain the trend of low and long bullish rhythm. Judging from the daily gold trend, the lower support for gold is focused on 2413-2400-2370, and the upper focus is on 2445-2450 for suppression. The bull situation is still strong, and market risk aversion continues to heat up, so we can do long at low levels in operation, and the risk of trading with the trend is low. . BUY:2415 near SL:2411 BUY:2400 near SL:2397 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
GOLD - What is the current trend for gold ?World gold rate multiplied through 26 USD, placing a brand new file at 2,437 USD/ounce, at one factor accomplishing the very best degree of 2,439 USD/ounce. The purpose why gold fees multiplied past 2,four hundred USD/ounce become the declaration through US Federal Reserve Chairman Jerome Powell and monetary statistics confirming that hobby prices will now no longer boom anymore and the Fed might also additionally will quickly loosen financial coverage this year. Gold`s latest healing has additionally been pushed through robust call for from significant banks. According to latest reports, now no longer simplest China and Türkiye however additionally Middle Eastern nations are growing gold purchases. This week, the marketplace awaits critical statistics together with US present domestic sales, Open Market Committee (FOMC) mins from the April and May financial coverage meeting; S&P Flash production and offerings PMI; weekly unemployment claims; US new domestic sales; long lasting items orders.
TVC:GOLDLong
by TheLeader_WOLF