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The price of gold will continue to rise after the callback. Powell said that the probability of the next interest rate cut is very high. The gold price rose accordingly. At the same time, the news from Iran. Counterattack is only a matter of time. Once again pull the market sentiment. Risk aversion continues to rise. Cause gold to rise again. The highest reached 2450. After the opening, gold maintained at the 2446 line and continued to fluctuate. Intraday trading plan: Buy on callback. Wait for the increase of risk aversion. First pay attention to whether there is effective support at 2440-2443. COMEX:GC1! OANDA:XAUUSD TVC:GOLD
TVC:GOLDLong
by Eddy_Wealth
Whether gold can usher in a unilateral surge today-- Gold market review yesterday -- Yesterday Monday morning, gold opened 2388 line, the opening fell back 2387 after the start of the bull outbreak, gold is also thus suffered a surge to break 2390-2400, the highest to 2403 line to usher in a halt to fall back, and for this wave of fall, it is only a wave of low 2394 near once again ushered in a shock slow rise 2402 line, It is a pity that the bulls did not usher in stabilization, and then gold again ushered in a sharp fall to break 2390, the lowest fell to near 2388 to usher in another shock climb, and the short is therefore trapped in the 2395-2390 range. During the European trading session, gold has climbed to around 2395 again after a wave of slow fall since 2395 shock stopped near 2386, but the short and long lack of further breaking momentum, and gold is therefore once again ushered in a fall near 2386 from the shock. As for the United States trading period, the gold shock down near 2385 ushered in a stop recovery, bulls are also therefore broke out a wave of 2396 line, but then the short suffered a crash, gold is therefore a drop below 2390-2380-2370, the lowest fell to 2369 line to usher in a stop recovery, midnight, After a see-saw in the 2374-2378 range, gold ushered in a break of 2380, and then gold also reversed its decline and finally closed near 2383. -- Is the gold flash crash just a wash? Can gold usher in a unilateral surge today? - Yesterday Monday, for yesterday, gold is short also ushered in a little outbreak, after all, early in the morning, gold opened from 2387 ushered in a rise of 2403, bulls broke out 16 points or so, then for this wave of pull up, the reason I also said in my blog yesterday, because of a slight outbreak of geopolitical risk, this led to gold hedge buying pull up, of course, As far as the situation in the Middle East is concerned, the influence is limited, although it can stimulate gold to pull up, but it is not supposed to have such a large range, in fact, the most important thing is that the market has been activated since the gold fell sharply last week since 2353 ushered in the bottom, coupled with the assistance of geopolitical risk, which led to further higher gold. Of course, since gold can rise, it can certainly fall, as far as yesterday, gold from the highest 2403 ushered in a halt to fall back, gold fell to the lowest 2369, in general, gold is also in the opening surge after the fall of more than 30 points, for this situation, Chen Feng I also said, gold since the high process, but also relative inspired the market buying heat, In this case, gold is relatively easy to encounter the possibility of the market smashing baptism, and yesterday Monday, gold rose to break 2400 unable to stabilize the situation, the market volatility performance bleak, this, more is waiting for the outbreak of market information this week, and in this case, gold fell back to adhere to 2390-2385, It also inspired the favor of the market to do more in the short term, which is relatively attracted market institutions to intervene, which is why there will be a crash near midnight, purely because of the malicious washing of institutions, this point, you need to further prevent such situations in the next time. So, for today, Tuesday, when gold is accustomed to unilateral days, how to choose whether gold is long or short? First of all, for the moment, although gold has suffered a pullback, it is worth mentioning that the bears are not strong, after all, if it is not for smashing, gold is also difficult to have this opportunity to flash down, for this point, at present, gold is more inclined to be controlled by the market, then in this case, The long/short judgment on gold is undoubtedly a bit difficult to choose. Take yesterday for example, gold opened up, the market bullish gold heat climbed, but it happened to hit the lower, then the current, the return of gold bears still has a decline in the case, it does not rule out further encounter the possibility of long and short washing, so for today, especially the market is waiting for the Federal Reserve interest rate resolution and Powell speech before the outbreak, You also need to be careful to guard against the possibility of multi-air malicious sweep, this sweep not only refers to unilateral, it may also be said to encounter repeated baptism of multi-air, this, you remember the main. So how do I personally judge today? In fact, as far as I am concerned, or prefer to optimistic rebound, after all, for yesterday, gold can not break 2400 to stabilize and suffered a crash, the market buying heat is also hit, to say the word is not good, the market will think that the current bullish heat is high in the case of bear malicious attack, This may also cause the market to blindly bet on the short break to seek further lower bottom, but is the so-called smart anti-smart mistake, as far as the current facts are concerned, gold yesterday after the flash collapse 2369 suffered selling out, this is relatively hindered the short momentum, and then rebound 2380 saw inability to stabilize, more, in Chen Feng my personal judgment, Biased to force the short market, that is to say, gold is currently more in a kind of empty possibility, for today, I think gold will encounter a bull surge to break through 2400 higher 2410-2420 this area, of course, does not rule out further stabilization on the possibility of breaking 2430, this, you also need to be careful to do. Of course, it is not that I do not say the analysis, just say that for the moment, the analysis is useless, more, I will still speculate on the market psychology and their own sense of the market judgment, this, you can carefully follow up. So for today's operation, I personally, or prefer to fall back to do more, above the batch in the vicinity of 2380 directly open dry, break is to keep 2370 do more. Hanging 2390-2400 above the broken single defense, as for why not hold on to the low to do more, more or afraid of repeated baptism of the market resulting in profit can not fall into the bag, of course, you can still hold radical to batch on the protection. However, at present, I just look at the rebound, not bullish gold, that is to say, if gold can successfully break the 2410-2420-2430 area, I will further layout the possibility of shorting, after all, before the interest rate cut is clear, the bulls have reached the top of 2483, this point, without unexpected stimulus, the new high is difficult to appear. In this regard, as far as the general trend is concerned, I will definitely choose to find a high level to seek short opportunities, of course, as for the specific operation, I still do give in the solid offer, you remember to strictly follow my requirements to control positions and stop losses can follow up.
OANDA:XAUUSDLong
by Transactionheadhunter01
Can gold top againYesterday Tuesday, for yesterday, must be pretty boring for everyone, right? To tell the truth, even Chen Feng I did not expect the market volatility will be so low, but although it is said to be low, but the volatility of the market we are undoubtedly in control, white, after all, for yesterday, I clearly said that gold is bullish, this point, gold since the opening down 2377 is also ushered in a stop rally to break through 2390, Although it is said that the long and short all day around 2390 began to seesawing, but this point, also relatively reflects the quiet before the storm, after all, this week super week, a variety of information data erupted, on the eve of the outbreak of some information, the market will inevitably be in a state of caution, of course, for yesterday evening, Chen Feng I also said, Gold high probability of breaking 2400 impact 2410 near, although it said that during the midnight hit under the break down a wave of 2383, but the result is that gold rose 2410, even if you have to do more, 2382 stop loss is completely reliable, for yesterday, if anyone did not control the profit, then you withdraw from the market as early as possible, After all, the analysis is placed here, the strategy is placed here, and this can all be lost, which can only say that you do not trust me, and that there is no need to follow me, and I hope that you will do it for yourself. So in general, for yesterday, one to one to give a single profit of about 44 points, this is still due to early rest to give up the midnight operation, otherwise the profit is greater, this, you will compare myself to the single statistical verification can be. So at the moment, other, I also do not say much, after all, today's market will usher in a major information surface outbreak, here, I also make an analysis of today's market, each of which I read the following reference to understand. -- Gold market review yesterday -- Yesterday Tuesday morning, gold opened 2383, the opening shock went up 2384 line stopped to usher in a fall, gold is also a wave of shock slow fall down to break 2380 mark, the lowest fell to near 2377 to usher in a recovery, then, gold is also ushered in shock slow rise, gold step by step climbed up to break 2390, this point, the Asian session, Gold has also ushered in a rise of more than 10 points since 2377. And the European trading period, gold performance is not generally bleak, the highest to 2392 line, the lowest fell to 2387 line, long and short deep in this range of oscillations saw, and most of the time gold is deep 2-3 points sideways saw, this point, gold volatility is undoubtedly bleak, and until the eve of the United States, Gold will fall back a wave near 2385, this point, the market is undoubtedly waiting for the outbreak of long and short. And the United States trading period, gold volatility slightly expanded, gold since 2385 ushered in a bull surge, gold is also a break to 2397 line, but good times did not usher in a further break the 2400 mark, but it is a fall in the sell-off to 2383 near to usher in a halt, and midnight, gold stagnant recovery, gold rose. Gold is also directly from the 2384 line ushered in a surge of bulls, bulls broke 2390-2400-2410, the highest is also rose to near 2411 before ushered in a stop to fall 2401, and then the shock rose a wave of 2409 stopped and fell 2402, after this wave, gold returned to calm, long and short in 2407-2402 range. It eventually closed near 2,406. Gold welcomes interest rate minutes and Powell Attack? The end of the moon line, can gold again top? - Yesterday Tuesday, for yesterday only, due to the market news on the eve of the outbreak, long and short trading performance calm, this, but also led to the gold day deep shock saw, then for this situation, Chen Feng I have been repeatedly stressed the wait and see waiting for back to do more opportunities, to say the truth, for yesterday, whether blocked in 2390 can not stabilize, Or in the case of 2400 mark is not optimistic about the breakthrough, the market is still biased towards the bearish heat, and this I also said, the market generally bet on interest rate cuts in the case of gold, the market bullish gold heat is high, in this case, whether it is the market retail investors or how, considering the market institution washing psychology, this is also leading to the market will seek to short the opportunity, But for this, I also said yesterday, is the so-called smart by smart mistake, since the institution chose to smash the dish, it must be made of all aspects of consideration, just like last night, gold broke 2390 head, stimulate the market bullish heat, but the bulls are blocked in the trend line can not break, but also in the evening hit down. In the evening in the United States jobs data released bearish case, bulls and hit up, and gold stabilized at 2390, but also again hit down 2383, so for this situation yesterday, unilateral to consider the analysis, it is certainly not possible, after all, for the market retail investors, the market will only give you to see what you want to see, and these, It is often a trap, which is why we were able to make a perfect profit yesterday while you suffered a loss, which you must remember not to be misled by the market. Of course, for yesterday's analysis, you can also review my yesterday's blog post "Whether gold can usher in a unilateral surge today" for reference. Then again, the reason for yesterday's surge in gold, there are certainly some people who question that this is less than the risk of stimulus, in fact, I do not deny, after all, the gold bull smashing the plate outbreak is also needed reasons, but why is it the reason of geopolitical risk, and conversely, since the geopolitical risk can break out, Why did it break at 2400 and stop at 2410? I say something bad, for gold, geopolitical risk has always been the focus of global attention, I also said before, in the face of news, the technical surface is useless, in the face of institutional control, the news surface is useless, and in the face of geopolitical risk, any factor is useless, because the war sounds the truth of gold, everyone understands, if there is a war to stimulate gold higher, Then it is bound to encounter the global market to follow the influx, in this case, the funds mobilized by institutions, in fact, and the entire market retail investors, and can not form a confrontation, which is why the impact of geopolitical risk on gold is so large. But when it comes to geopolitical risk, does anyone care about what's going on in the Middle East? As a metaphor, we eat humble meals every day, and occasionally eat seafood, it still feels quite excited and happy, but once every day is seafood, then anyone will adapt to it, no sudden surprises. And this is the moment, although the sudden geopolitical risk is enough to shake the gold market, but for the current gold, the geopolitical risk is breaking out all the time, the market has been numb, to say bad words, unless the United States superpower was suddenly wiped out, otherwise the market will not have a greater feeling, this, I also hope you can understand. So back to the subject, for today, Wednesday, ADP data will break out, at the same time, tonight at midnight, the Federal Reserve interest rate minutes will be released, followed by Powell will speak, so in this case, gold long and short how to choose? First of all, let's talk about the ADP employment data, then for this data, the pre-market value is 150,000 people, the market is expected to be 150,000 people, from this point of view, the market does not think that the number of jobs will have a large float, but it is worth mentioning that yesterday the US job vacancy data, the market is expected to be 8 million vacancies, The actual announcement is 8.184 million vacancies, which also proves that the actual situation of job vacancies in the United States is higher than market expectations, that is, in fact, there are more jobs for the United States employment population, reference to this situation, the United States employment population is also possible to further growth, that is to say, for the ADP data, unless the number of jobs in the United States is depressed, Otherwise, the probability is increased, which is relatively positive for the dollar and negative for gold. But it is worth mentioning that for today, due to the impact of the Federal Reserve event at midnight, the impact of ADP data on the market outbreak or will be limited, this point, for today, you focus on the situation of the midnight period, for ADP, you will be a small episode, look at it. Of course, for tonight, the Federal Reserve interest rate minutes, the high probability is announced to maintain interest rates unchanged, this point, you do not have too much expectations is, this point, you focus on the midnight Powell speech content to seek further Fed rate cut information is. So finally, a preview of what Powell will say. So for now, I'm sure I don't have to tell you what Powell might say? After all, for the current market, due to the sustained slowdown in inflation, coupled with the current internal voice of the Federal Reserve that the Federal Reserve needs to aggressively cut interest rates, the current market for the probability of interest rate cuts in September is almost nailed, this point, the market is also focused on Powell's speech tonight, after all, once Powell speaks the need to implement interest rate cuts, Then gold bulls will also get a further climb or even a new high is possible, this point, the market is also focused on the content of tonight's speech. Of course, I have a little different idea about what Powell will say tonight, so right now, the market is betting on Powell's doves, and I'm going the other way and favoring Powell's hawks. First of all, for the moment, although the United States inflation has been slowing down continuously, it has to be admitted that the current United States inflation is still a little distance from returning to the 2% inflation standard, and last week's PCE data performance is cold, which is relatively reflected that the United States is currently facing the possibility of inflation stagnation, and there is also a point that the current United States election is waiting for the results. In this case, the change of the election is very likely to lead to a series of impacts on the US economy, especially the current market bet that if the old Pu comes to power, it is likely to lead to the possibility of stagflation in the US inflation, in this regard, I personally believe that before the election is over, the Federal Reserve should choose to slow down the rate cut to respond to all changes. Then there is another point, that is, at present, the Federal Reserve wants to aggressively cut interest rates in the current inflation environment, but it also needs the unemployment rate data and employment data to support and assist, but the current situation is that the US employment performance is relatively strong, and although the unemployment rate has increased slightly, these are not enough to support the demand of the Federal Reserve to cut interest rates, so in this case, Even if Powell wants to release the dove this time, referring to the actual situation in the United States, the sound of the dove is relatively weak, more, taking into account the actual situation, Powell's speech is more biased toward hawks, this, you can refer to the actual situation of the information tonight to make a judgment. So for today's operation, how should gold long and short layout? First of all, for the current, gold from 2353 stagnation to 2410, bulls have ushered in a rise of nearly 60 points, in this case, whether it is the release of bullish momentum, or the correction of the return of bears, have led to the depletion of buying momentum, to say bad words, for the moment, the only momentum for gold to rise is the market bet on interest rate cuts, However, there is not a short time to cut interest rates in September, in this case, bulls want to set an example, but also have the intention to be powerless, this point, for today, the white session, gold may be higher, but to excessive climb, it is still a little difficult. Of course, and considering the various circumstances I have mentioned above, for the moment, gold is higher, more or close to the end, for today, I will relatively reverse bearish gold, if the evening Powell speech smoothly put pigeons, and there is no market institutions to malicious limit gold low, I personally think, Gold bears may hit 2350 again in these two days, of course, whether to further open the short space, the focus still needs to pay attention to Friday's non-farm data report and unemployment data, this, you also need to adapt to the line. So for today's operation, the 2414-2420 area does not break open the preliminary short, if you encounter the break, you are further concerned about 2430-2440 do not break to short, of course, any short, you can hold in the medium and long term, of course, as for the specific details of the operation, I am giving, then due to the particularity of the current market, Gold day also does not rule out the possibility of maliciously smashing the market institutions to wash the dish, for today's operation, you remember to strictly follow my requirements to control positions and stop losses can follow up.
OANDA:XAUUSDShort
by Transactionheadhunter01
The price of gold is about to continue to fall sharply. Go short at positions around 2369. The decline is about 10-15 US dollars. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. If you are still confused about the trading market, you can continue to pay attention to my updates. TVC:GOLD OANDA:XAUUSD BINANCE:BTCUSDT TVC:DXY
TVC:GOLDShort
by Eddy_Wealth
London market. Buying gold is the main activity. London market. Go long on gold at around 2368-2371. Target is around 2383. Ultra-short-term trading looks for a trend rebound. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. I have been observing investors in the market for a while. I can't bear to see some people in the market continue to lose money because they don't know how to trade. So I plan to continue to share my operating ideas for a while for your reference. If you are still confused about the trading market, you can continue to pay attention to my updates. OANDA:XAUUSD TVC:GOLD BINANCE:BTCUSDT TVC:DXY
TVC:GOLDLong
by Eddy_Wealth
Super data week. Gold is still mainly long at low levels. Last week, I said in advance that the target for next week would be at least 2400. Investors who followed me last week should know it. Today in the Asian market, this target was achieved. Investors who followed the accurate signal trading also made good profits. From your messages, I saw the results. The London market allowed some other investors to short the gold price, which also achieved profit expectations. Currently in the New York market, the gold price stopped at 2374 after a sharp drop. My idea is based on the US dollar rate cut. Gold still has some substantial increases. At the same time, this week is a super data week. Some economic data are enough to make gold reach a certain height. So I personally still focus on long positions The current gold price is at 2376. My expected buying position is at 2370-2365. This is a good position for long gold prices, and there are some dense trading areas above. So there is resistance. Therefore, investors with large funds can buy in advance and then add buy orders at low levels. However, for accounts with small funds, I suggest that you operate prudently and start at low levels. The above are some of my thoughts today. FOREXCOM:XAUUSD TVC:GOLD BINANCE:BTCUSDT TVC:DXY COMEX:GC1! OANDA:XAUUSD
TVC:GOLDLong
by Eddy_Wealth
Continue to go long on gold. In the short term, gold prices will also touch 2393-2400. Emergency events escalate. Risk aversion sentiment rises. Going long on gold prices in the Asian market is a good option. I am Eddy. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. If you are still confused about the trading market, you can continue to pay attention to my upd FOREXCOM:XAUUSD COMEX:GC1! OANDA:XAUUSD TVC:DXY TVC:GOLD ates.
TVC:GOLDLong
by Eddy_Wealth
Gold Monday Trading Strategies and Signals #xauusd Gold Monday Trading Strategies and Signals Hi everyone, today is Sunday, July 28. Last Friday, gold fell around 90-92 as I judged. I think everyone has won a huge profit. The morning operation of gold at the opening of next Monday is to sell gold at 2390-2392/2399-2402 respectively xauusd sell2390-2392, add positions and sell at 2399-2402. sl2405. After the signal is profitable for the first time. We can observe the trend of gold. At the end of the European session to the US session. The area we can trade is: sell2409-2412 2417-2419 buy 2371-2374 2351-2355 Wait for the price range to arrive and trade. You will get the ideal profit. If you trade according to my signal and make a profit. Please like me and join me. I update good signals and analysis every day. I hope that everyone can make huge profits by following the signals and trading on my charts.
FX:XAUUSDShort
by MaudEvans
Long gold price The position of 2452-2448 is a strong support. From the trend point of view, it is a good position to go long. Focus on the impact after the opening of the Asian market. TVC:GOLD BINANCE:BTCUSDT.P MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! BINANCE:BTCUSDT NYMEX:WTI1! Continuously analyze accurately for a month. Good at account management. The current market is exactly where I am good at trading. So you should not continue to be in a state of loss. Follow me. Guaranteed profits will not disappoint you.
TVC:GOLDLong
by NelsonPenn
Go long on gold prices. Wait for it to rise. Yesterday, the high price was sold and the price dropped by about 12 dollars. The members who followed the short selling made a good profit. Today, we will continue to go long on gold. The current price is around 2369. Trading in the market requires seizing the opportunity. Don't hesitate. When there is a suitable trading opportunity, you must act decisively to trade. Otherwise, your hesitation will lead to greater and greater losses, which will be irreversible. Maybe you have suffered losses from trading foreign exchange, oil, stocks, funds or digital currencies. But here, I still have good and reasonable products to help you expand your profits and recover your losses.If you want to recover losses or increase profits, contact Mary TVC:GOLD MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! COINBASE:BTCUSD NYMEX:WTI1! MCX:CRUDEOIL1! TVC:DXY FX:GBPUSD BINANCE:BTCUSDT NYMEX:MCL1! COMEX_MINI:MGC1!
TVC:GOLD
by NelsonPenn
Gold analysis new week☘️Fundamental analysis Gold prices rose to the 2410 zone on Friday after hitting an intraday low of $2,391. The yellow metal will extend gains for a third straight week on speculation that the Federal Reserve (Fed) could begin an easing cycle in September. The US Bureau of Labor Statistics on Friday revealed that the Producer Price Index (PPI) increased slightly in June, above analysts' estimates. As a result, US Treasury yields are falling, a boost for the non-yielding metal, which benefits from low yields. Meanwhile, Fed officials remain cautious about changes in monetary policy. Fed President St. Louis Alberto Musalem stated that current interest rates are appropriate for current conditions and expects the economy to grow between 1.5% and 2% this year. US Dollar Index (DXY), according to The US dollar tracked against six other currencies, which fell more than 0.40% to 104.09. ☘️Technical analysis Gold prices consolidate above $2,400 for the second day in a row after decisively breaking the Head-and-Shoulders neckline. Momentum favors the buyers, despite being depicted by a flat Relative Strength Index (RSI). That being said, the path of least resistance is up. The first level of resistance for XAU/USD will be the yearly high of $2,450, ahead of the $2,500 round mark. Conversely, if Gold slips below $2,400 there will be many support levels to push the gold price back to its orbit. Two notable levels coincide with the two EMA lines at 2390 and 2365. Deeper is the 2340 most important Break Out zone that we pay attention to for gold to maintain its long-term uptrend. Support: 2390-2365-2351-2340 Resistance: 2424-2433-2450
OANDA:XAUUSD
by TVS-Trader
Gold will be bought again to make money. Remember, I said it. From the trend point of view, the gold price is still upward. Since last Wednesday, ADP, initial jobless claims, and non-farm data. Multiple US economic data news are good for gold. So gold rose sharply last week to above 2390. Here I congratulate the traders who follow the signal and continue to trade. Because you follow it. So you deserve to make a profit. Judging from the news this week, gold has further possibilities. This week is the second week of July, so before the time for the interest rate cut in September comes, I think the market will prompt gold to digest it in advance. This is the first reason. The second point is that geopolitical conflicts continue to escalate. The possibility of war will continue to increase the price of gold. Under the influence of these two news, it is only a matter of time for gold to rise. The operation is still mainly buying low. At present, the focus is on buying at 2372. Aggressive friends can also buy small positions around 2377-2375. Enter the market in advance. Many people like to refer to technical indicators, so I have something to say to those people: in the face of the influence of dominant news. Technical indicators, which are lagging references, are of little significance. Keep paying attention. I hope everyone makes a good profit.
TVC:GOLDLong
by NelsonPenn
Gold price jumps ahead of Fed Powell’s testimony☘️Fundamental analysis Gold prices (XAU/USD) rose in the European morning session on Tuesday on the back of a weaker US Dollar. Traders expect the Fed to cut interest rates in September after last week's weak US jobs data capped gold's decline. In addition, political instability in France and geopolitical tensions in the Middle East also boosted gold prices as a safe-haven asset. However, gold prices may be pressured as the People's Bank of China (PBoC) did not buy gold for the second consecutive month in June. Traders will monitor Fed Chairman Jerome Powell's testimony before the National Assembly. conference, along with speeches from the Fed's Michael Barr and Michelle Bowman. US Consumer Price Index (CPI) inflation data on Thursday will also be in focus. ☘️Technical analysis Gold prices traded in a positive direction during the day. According to the h2 chart, the precious metal maintains an uptrend near the 34 EMA, with the Relative Strength Index (RSI) holding in the bullish zone above the 50 midline. This suggests support is there. the ability to hold up rather than break down. The psychological level of $2,400 serves as immediate resistance for XAU/USD. Before that, you need to break the old peak around 2392. In case of a downside, the first downside target will appear at $2,340 (former resistance). Support: 2350-2340 Resistance: 2378-2392 SELL GOLD zone 2392 -2395 SL 2397 BUY GOLD zone 2340-2338 SL 2335
OANDA:XAUUSD
by TVS-Trader
Gold pullback - trading entry for todayGold fee is buying and selling round 2362 USD. Technically, the fee is displaying a pullback from the preceding excessive, presently retesting the pleasant bullish channel assist sector fashioned on D1. If the fee holds the assist sector round 2,350 USD/ounce, there may be a excessive opportunity that the fee will hold to upward push to the resistance degree of 2,four hundred USD/ounce and probable better. The deceleration and consolidation in advance of this degree indicates bullish hobby in in addition growth. According to this view, the chance of gold charges will upward push better withinside the close to destiny primarily based totally on marketplace expectancies that americaA Federal Reserve (Fed) will reduce hobby prices. CME`s Fedwatch device indicates hobby prices will fall in September and will fall in addition in November and December, which might gain gold. This week, marketplace interest is targeted on Fed Chairman Jerome Powell's congressional testimony, feedback from numerous Fed officers and US inflation data. According to senior analyst Matt Simpson City Index, a vulnerable inflation record coupled with Mr. Powell's dovish tone can be the correct catalyst for gold to attain new highs. Short-time period stages to consider: Resistance stages: 2400, 2422 Critical assist degree: 2350 In summary, gold's short-time period outlook is positive, primarily based totally on strong technical elements along with a long-time period uptrend, supported with the aid of using EMA and a growing fee channel. If gold charges keep above the $2,350/ounce assist degree, there may be a excessive opportunity that the fee will hold to upward push and head in the direction of the $2,four hundred/ounce resistance degree or better. However, buyers have to observe that the gold marketplace continues to be substantially stimulated with the aid of using macroeconomic elements and geopolitical occasions that would opposite modern-day moves.
TVC:GOLDLong
by Chart_MasterPro
GOLD - rising after weak economic data🟢The global gold marketplace did now no longer differ tons in the course of the National Day holiday. Gold retained its preceding profits as expectancies that the United States Federal Reserve (Fed) could reduce hobby costs as early as September multiplied following vulnerable monetary statistics. 🟢In addition, currently launched statistics reinforces the opportunity of loosening economic coverage this 12 months and that may be a high-quality sign for gold. Data launched withinside the center of this week confirmed that the wide variety of packages for unemployment advantages multiplied, the wide variety of jobs withinside the personal quarter multiplied through most effective 150,000, tons decrease than forecast. 🟢Currently, the marketplace is watching for non-farm payroll statistics. This file can have a massive effect on gold expenses withinside the future. If gold falls after the file, traders have to see it as a shopping for possibility because the treasured metallic is on an uptrend and will reach $2,four hundred an oz. or greater pushed through sturdy demand. from principal banks and shelter-in-location shopping for because of issues approximately geopolitical tensions.
TVC:GOLDLong
by Chart_MasterPro
This time it is a decline. The gold price will test around 2300 MCX:GOLD1! COMEX:GC1! OANDA:XAUUSD NYMEX:WTI1! BINANCE:BTCUSDT BYBIT:BTCUSDT.P TVC:DXY NYMEX:MCL1! I believe many people still don't know how to trade gold. In fact, in terms of operation. The short-term pressure position of gold, 2332-2338, has always been a heavy pressure position. It is not difficult to see from the chart that the pressure is very high. Observe the overall trend. At present, gold is still showing a downward trend, and every sharp rise is based on major news. So what if there is no news support? We need to judge based on the trend and then make the right transaction. I think the gold price will continue to fall today. The current position is around 2330. It is a good selling point. I think the space below will test the low again. If you like to trade gold but don’t analyze the market or trade independently. You can refer to my instructions. This is just a signal. If you want to expand profits or recover losses in a long-term and stable manner. Join the guidance class. You will have different gains. Stay tuned.
TVC:GOLDShort
by NelsonPenn