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XAU/USD 15 May 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback, which price did. CHoCH is positioned at quite a distance away from current price, therefore, there is a possibility price could engineer a CHoCH closer to current price to indicate initiation of pullback. Price did not pullback back into either discount of 50% EQ or H4 Demand level before continuing pro-swing which could potentially mean that price may need to pull back deeper to gain liquidity for a sustained bullish move. Intraday expectation: Price to continue bullish and react at nested Daily and H4 supply levels. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a printed a bullish BOS and iBOS After BOS we expect price to pullback. Price is now in discount zone of 50% EQ and has reacted to M15 POI but is unable to sustain a bullish move. Buyers are expected to step in once in discount zone of 50% EQ, which has happened. Intraday expectation dated 13 May 2024 was for price to react at M15 POI, discount zone of 50% EQ or H4 POI before targeting weak internal high where we saw a reaction. Intraday expectation dated 14 May 2024 was for price to target weak internal which is denoted with a blue dashed line. This is currently underway. Current Intraday expectation: Price to target weak internal high (denoted with blue dashed line) It is expected that price breaks and closes above blue dashed line which will mean an internal break of structure that will eventually lead to price pulling back from nested Daily and H4 supply levels. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
World gold prices will continue to increase in the long termGold buy limit World gold rate extended with the aid of using 15 USD/ounce, to 2,356 USD/ounce after americaA manufacturer rate index (PPI) introduced a warm growth. US April PPI extended 0.5% over the preceding month, in comparison to expectancies of a 0.3% growth. The center PPI rate (apart from meals and energy) additionally extended 0.5% in April in comparison to expectancies of handiest a 0.2% growth. However, the March PPI quantity turned into revised right all the way down to terrible 0.1% from the to start with stated 0.2% growth. An index this is of hobby to the market, introduced on May 15, is the purchaser rate index (CPI). CPI is forecast to growth 0.4%, in comparison to the March file displaying a 0.4% growth. The annual CPI in April is anticipated to growth with the aid of using 3.6% in comparison to a 3.8% growth withinside the March file. US Federal Reserve Chairman Jerome Powell spoke in Amsterdam announcing inflation has been better for longer than the Fed anticipated and it seems it'll take the Fed longer to be assured that inflation Inflation will fall to 2% annually. He stated the Fed will preserve restrictive economic coverage till inflation falls to a stage the Fed is happy with. Powell`s remarks did now no longer come as a wonder to the market.
TVC:GOLDLong
by TheLeader_WOLF
Gold prices have strong fluctuationsGOLD ANALYSIS - May 14, 2024 ⬆️Buy gold across the charge variety of 233x ⬇️Sell gold across the charge variety of 235x Yesterday, the charge of Gold had a downward fashion as expected, symptoms and symptoms of purchasing seemed across the 233x area. Traders can prioritize shopping for across the cutting-edge charge variety and anticipate a sturdy growth withinside the close to future. Stop as quickly as gold breaks the 233x charge variety. Gold goal may be 2350 today. Other valuable metals additionally went up yesterday. Silver fees extended 0.3% to 28.2 USD an ounce. Platinum brought 0.6%, to 1,000 USD - the best in almost a year.
TVC:GOLDShort
by TheLeader_WOLF
XAUUSD: 13/5 Today’s Strategy and AnalysisGold technical analysis Daily resistance is 2361/2400, support below is 2327/2319 Four-hour resistance is 2365/2370, support below is 2340/2327 Gold operation suggestions: The current strong dividing line for bulls is at 2330. This position will also be related to the long-short conversion in the later period. For now, the long-short situation is unclear and in a state of contention. The strong resistance above is 2370/2377. Although it rose sharply last Friday, the energy is likely to have been exhausted, and it is likely to continue to fall in the short term. Judging from the current trend of gold, we focus on the support of 2340/2327 below, the resistance of 2365-2370 on the top, and the suppression of 2377. From the chart, the market tends to fluctuate and fall. BUY:2327near SL:2324 SELL:2365near SL:2370 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
1
Gold’s pullback gives opportunity to go longLast Friday, as weak U.S. economic data supported the possibility of the Federal Reserve cutting interest rates, the price of gold rose sharply, once rising to 2,378. Investors are paying attention to Powell's speech this week, as well as CPI data. Gold's rise and fall are basically in place. On the one-hour line, bulls are firmly holding the key watershed of 2352, and the first support level of the moving average has now reached the 2360 line. Although the price of gold fell slightly below the moving average support level, the daily closing positive last Friday gave us a clear direction.
TVC:GOLDLong
by Donald-king
Above 2300 is bullish, below it is bearishGold technical analysis Daily resistance is 2320-26, support below is 2300-2293 Four-hour resistance 2320-26, support below 2300-2280 Gold operation advice: Gold once again had a range-bound market trend yesterday. Judging from the current trend, today gold will focus on the upper resistance at 2320-26, and the lower support at 2305-2300. This is also the dividing line between gold's long and short strength. Wait patiently for key points to enter the market. SELL:2300 near SL:2305 BUY:2305 near SL:2300
OANDA:XAUUSDLong
by ActuaryJ
Gold is likely to return to the 24xx area this weekLast week, the yellow steel published modest profits as expectancies that the United States Federal Reserve (Fed) might loosen coverage this 12 months improved following vulnerable monetary data. Experts say that subsequent week is an vital time to determine whether or not gold will attain a brand new document or now no longer while the marketplace gets the April patron rate index and manufacturer rate index reports. Recently, The Fed emphasised that America`s inflation strugglefare isn't powerful while inflation remains a lot better than the goal degree of 2%. In addition to the patron rate index and manufacturer rate index, this week the marketplace will anticipate the United States retail income report, the wide variety of weekly unemployment gain applications, and the assertion of Fed Chairman Powell in Amsterdam. According to Larry McDonald, founding father of the Bear Traps Report, the United States is in a chronic inflation strugglefare, in which all asset training will see "sizeable" revaluations and as Therefore, capital flows withinside the marketplace will steadily shift to difficult assets. “This is the time while the Fed takes action, which creates a bullish situation for difficult assets,” he said. McDonald believes that a few metals have sizeable rate will increase and predicts gold charges will attain $3,000-3,500/ounce withinside the subsequent 12-18 months.
TVC:GOLDLong
by TheLeader_WOLF
How To Start Investing In Gold (7 Ways)Gold's allure as a precious metal transcends time. It has served as a symbol of wealth, a reliable store of value, and a hedge against inflation for centuries. For investors seeking to diversify their portfolio and protect their purchasing power, gold can be a strategic asset. This guide explores seven methods for investing in gold: 1. Physical Gold (Coins and Bullion): Owning physical gold, like coins or bars, offers a sense of tangible ownership and security. However, there are drawbacks. Secure storage is crucial, and selling physical gold can be inconvenient, potentially incurring fees or melter costs. 2. Gold ETFs (Exchange-Traded Funds): These investment vehicles track the price of gold, allowing you to trade them on a stock exchange like a stock. ETFs offer advantages like affordability (you can buy smaller amounts than a whole gold bar) and liquidity (easy buying and selling). However, you don't own physical gold with ETFs. 3. Gold Mutual Funds: Invest in professionally managed funds that hold a basket of assets, including gold mining companies' stocks. This offers diversification and potentially reduces risk compared to directly owning gold. The downside is that fees might be higher compared to ETFs, and the fund's price performance depends on the underlying holdings, not just gold itself. 4. Gold Futures and Options: These are contracts for buying or selling gold at a predetermined price on a future date. This approach offers leverage and the potential for significant profits, but it's also high-risk. Futures and options are complex financial instruments and require a deep understanding of the derivatives market. Consult with a financial advisor before venturing into this territory. 5. Gold Mining Stocks: Investing in companies that mine, refine, and trade gold can magnify your returns if gold prices rise. However, this method is indirectly tied to the price of gold and is also susceptible to the risks associated with the stock market in general, including company-specific risks. 6. Gold Certificates: These paper certificates represent ownership of a specific amount of physical gold stored in a secure vault by a bank or other institution. They offer a way to own gold without physical possession but might have storage fees and redemption restrictions. 7. Digital Gold: A relatively new option, digital gold allows you to invest in fractional ownership of physical gold stored securely. This method offers affordability and easy online buying and selling, but regulations and risks associated with the specific digital gold platform need to be considered. Top 10 Tips for Investing in Gold: 1. Do your research: Understand the gold market, different investment options, and their associated risks and rewards before investing. 2. Set investment goals: Align your gold investment strategy with your overall financial goals and risk tolerance. 3. Diversify: Don't put all your eggs in one basket. Gold should be a part of a diversified portfolio. 4. Start small: Begin with a smaller investment to test the waters and gain experience. 5. Consider fees: Compare fees associated with different investment options like storage costs for physical gold or expense ratios for ETFs and mutual funds. 6. Think long-term: Gold is generally considered a long-term investment. Don't expect quick gains. 7. Store securely: If you buy physical gold, ensure secure storage in a safe deposit box or a reputable vault. 8. Beware of scams: Be cautious of get-rich-quick schemes or companies offering unrealistic returns on gold investments. 9. Stay informed: Keep yourself updated on economic factors and events that can influence gold prices. 10. Seek professional advice: Consult with a financial advisor to create a personalized investment strategy that includes gold, if appropriate for your financial goals. By understanding the different ways to invest in gold and following these valuable tips, you can make informed decisions and potentially benefit from incorporating gold into your investment portfolio. Remember, gold is a valuable asset class, but it's not without risks. Do your research, invest within your risk tolerance, and enjoy the journey of exploring the world of gold investing.
OANDA:XAUUSDEducation
by bryandowningqln
GOLD - Confluence for a long ✅Hello traders! ‼️ This is my perspective on GOLD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement and then to reject from trendline + liquidity zone. Fundamental news: Upcoming week on Wednesday (GMT+3) we will see results of monthly and yearly CPI on USD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
OANDA:XAUUSDLong
by Snick3rSD
XAU/USD 10 May 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS expectation is for price to pullback. We have nested Daily and H4 supply levels where price is expected to initiate pullback. CHoCH is positioned at quite a distance away from current price, therefore, there is a possibility price could engineer a CHoCH closer to current price to indicate initiation of pullback. Intraday expectation: Price to continue bullish, react at nested Daily and H4 POI levels to start pullback phase. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a printed a bullish BOS and iBOS After BOS we expect price to pullback. First indication, but not confirmation of pullback initiation would be for price to print a bearish CHoCH which is denoted with a blue dotted line. Intraday expectation: Price to react at nested Daily and H4 POI levels to initiate pullback. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
2
Gold prices receive a lot of economic and geopolitical pushscalp gold sell 235x tp 233x sl 236x -------- According to Mr. Joaquin Monfort, FXStreet expert, gold fees accelerated this consultation after some of important important banks determined to reduce hobby quotes, which include the Swedish Central Bank (Riksbank), or signaled the opportunity of a reduce. withinside the future, which include the European Central Bank (ECB). Lower hobby quotes lessen the "possibility cost" of maintaining gold, a non-hobby-bearing asset, for this reason making gold greater attractive. Mr. Monfort stated the treasured steel is likewise seeing the go back of cash searching for secure havens amid the "impasse in ceasefire negotiations among Israel and Hamas."
TVC:GOLDShort
by TheLeader_WOLF
💡 GOLD: Analysis May 9Gold fell for the second day in a row, but selling pressure continued to be as weak as the previous day, because yesterday's bar D1 had a narrow range, even narrower than the previous falling bar D1. Structurally, Gold D1 continues to move inside the Inside bar pattern, reflecting a state of cumulative price compression, and remains within the larger Inside bar and large price range. Gold D1's trend is more inclined to increase in price. After touching the border on the H1 price frame, H1 Gold is adjusting down, however the selling pressure is not strong because the adjustment span is not steep and has large fluctuations. The scenario for buying Gold is still the dominant one today, the best option is to buy when the price breaks out to the top and then retest, otherwise you can "fish for the bottom" with the buying zone being the margin below the price frame. 💡H1 trend: Gold moves sideways. 💡Today's trading idea: Buy Gold.
TVC:GOLDLong
by Stone_Haven
1
Yesterday’s short gold profit was huge, can it continue today?Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320. Gold has shot up many times and then fallen back. There are many resistances above, so there is a possibility of a sharp decline at any time.
TVC:GOLDShort
by Donald-king
4
A very good time to buy gold right nowOn the worldwide marketplace, today`s gold rate reached 2,313 USD/ounce. Domestic gold is in a downward fashion as it "evaporates" five USD. Converted in step with the change price with the exception of taxes and fees, every quantity of home gold bars is 15.five-16.five million VND better than the worldwide rate even as gold earrings are 4-4.five million VND better, relying at the time. World gold reduced barely withinside the context that traders are focusing extra on the chance of hobby price cuts from americaA Federal Reserve (Fed). According to CME's FedWatch tool, marketplace investors trust there's approximately a 66% risk the Fed will reduce hobby prices in September. Gold costs are compelled with the aid of using the outlook for hobby prices, however StoneX analyst Rhona O'Connell stated there are tailwinds for gold, specially associated with geopolitical dangers and capability tensions. Hidden withinside the banking device continues to be sturdy sufficient to aid this valuable metal. Previously, in mid-April, global gold costs hit a document excessive of 2,431.29 USD/ounce whilst boosted with the aid of using sturdy call for from Chinese valuable banks and retail traders amid geopolitical tensions are increasing.
TVC:GOLDLong
by TheLeader_WOLF
Gold, oil, GBPUSD, Bitcoin, limited time trading, must read. Today's profits overall are not particularly ideal. Only gold long orders made some profits. Gold prices currently lack support from geopolitics. It has maintained a narrow range of fluctuations at the 2320-2307 line for several consecutive days. From the perspective of upward momentum, it is lacking. Visually, 2320 is a position that bulls and bears are competing for. The US market is now open. You can sell based on this position. Wait for lower prices to be created below. The downside is about $10-18 TVC:GOLD COMEX:GC1! MCX:GOLD1! OANDA:XAUUSD Oil is under the influence of API. It continued to fall today, with some slight rebound in the afternoon. Currently under pressure from MA5. Combined with the negative news, I think there is a possibility that oil prices will continue to fall. The operation is mainly selling. The room for decline is about 0.8-1.5 GBEBROKERS:USOIL BLACKBULL:WTI FOREXCOM:USOIL TVC:USOIL FX:USOIL Digital currency. There are currently reports that valuations are too high. There is a lot of public opinion about Bitcoin. It is also a product that resists inflation. Mainly selling. There is about 800-1800 points of downside space. BITSTAMP:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSD BITSTAMP:ETHUSD Foreign exchange rebounded due to the oversold dollar. Profits have not yet expanded. Continue to hold. When the US dollar pulls back under pressure, that is when GBPUSD or EURUSD makes profits. The upside is about 600-1000 FX:GBPUSD OANDA:EURUSD FX:EURUSD OANDA:GBPUSD TVC:DXY INDEX:DXY ICEUS:DXY CAPITALCOM:DXY Pay attention to risks during operations and control the position ratio. The above analysis is conducted on the premise that no special black swan event breaks out.
TVC:GOLD
by AA_Jack
1
💡 GOLD: Analysis May 8Gold price adjusted slightly down in the past session, unable to break the previous peak around 2330. The situation has not yet had any notable changes, we can still keep the current comments, temporarily divided into two cases. Case: First, if the price breaks below 2280, the price may follow the previously formed two-peak reversal pattern, towards the 2200 mark, at which point you can consider opening additional short positions; Second, if the price breaks above 2330, the price is likely to continue to correct upward, existing short positions need to be closed, then attention should be paid to the 2360 level, buyers may return to the market if resistance is reached. This is broken.
TVC:GOLDShort
by Stone_Haven
XAU/USD 08 May 2024 Intraday Analysis H4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 07 May 2024. -> Swing: Bearish. -> Internal: Bearish. Price has now printed a bearish BOS and iBOS as price needed a pullback from all HTF's Following the shift in structure we now expect price to pullback. First indication, but not confirmation, of pullback initiation would be for price to print a bearish CHoCH which is denoted with a blue dashed line. Price is currently reacting at H4 demand level. Price remains in pullback phase and is now is discount of internal structure where it is expected the strong low to hold. As per intraday expectation dated 06 April, price was to print bullish CHoCH, reach 50% of internal EQ before targeting weak internal low. Price did print bullish CHOCH and reach 50% EQ and targeted weak internal low, however, price was unable to close below. Intraday expectation : From a structural perspective price to target weak internal low. H4 Chart: M15 Analysis: Analysis/Bias remains the same as yesterdays analysis dated 07 May 2023 -> Swing: Bullish. -> Internal: Bullish. Price has printed a printed a bullish iBOS Bearish CHoCH has been printed which indicates, but not confirms, that we are in pullback phase. Intraday expectation: Price to react at 50% or M15 POI before targeting weak internal high. However, due to the bearish structure of H4 it would not be unrealistic for price to target swing low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
2
💡 GOLD: Analysis May 7After being rejected at the 2280 support zone, the price recovered quite strongly in the past session, breaking the triangle pattern and testing the 2320 resistance level. However, this move has not significantly changed the situation. form where the higher peak has not yet been established. Still keeping the old comment, we temporarily divide it into two cases: Firstly, if the price breaks below 2280, the price may follow the previously formed double top reversal pattern, towards the 2200 mark, at which point you can consider adding short positions outside of existing sell order; Second, if the price breaks above the triangle pattern, which confirms the possibility of returning to the uptrend, we need to close existing short positions, paying attention to the 2360 level, buyers can return to the market. market if this resistance level is broken.
TVC:GOLDLong
by Stone_Haven