Goldsell
GOLD TOWARDS SELL CONFIRM Gold price (XAU/USD) catches fresh bids on the first day of a new week and builds on its steady intraday ascent through the early part of the European session. The precious metal breaks through the 50-day Simple Moving Average (SMA) barrier, though bulls need to wait for a move beyond the $2,040-2,042 supply zone before positioning for any further gains ahead of the FOMC decision on Wednesday.
Heading into the key central bank event risk, a further escalation of conflicts in the Middle East turns out to be a key factor acting as a tailwind for the safe-haven Gold price. Meanwhile, the flight to safety drags the US Treasury bond yields lower and further lends support to the XAU/USD. Meanwhile, the US Dollar (USD) remains below a one-month high touched last week and does little to provide an impetus.
GOLD-Trading strategy analysis
The gold market focuses on data: the number of initial jobless claims in the United States in the week to January 20, the initial value of the annualized quarterly rate of real GDP in the fourth quarter of the United States, the initial value of the quarterly rate of real personal consumption expenditures in the fourth quarter of the United States, the initial value of the annualized quarterly rate of real GDP in the fourth quarter of the United States, The initial value of the annualized quarterly rate of the core PCE price index, and the annualized total number of new home sales in the United States in December.
Yesterday I emphasized that gold is choosing a direction. Yesterday's data was not conducive to gold. However, gold did not form a unilateral decline, but only expanded the range of shocks.
The volatility of gold is very small now, and today's data release will still affect the trend of gold. Although it is in a downward trend, we cannot blindly follow it. We can wait for the appropriate resistance and support to sell or buy.
Xsuusd:sell2021-2025
TP:2015-2011
SL:2028
During a downtrend, we do not trade buy orders for the time being.
Join me, I will analyze the market situation every day and give you suitable trading strategies for your reference.
GOLD M30 / EXPECTING A SHORT MOVE ON SMALL TF 💲Hello Traders!
This is my forecast on GOLD M30. I will look for a short trade entry if I see the retracement from the OB H1.
My target is the resistance level at the price of 2002.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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GOLD-analyze
Today, Friday, focus on the annual rate of the US core PCE price index in December.
Gold's fluctuations were not large yesterday. Although yesterday's data was not conducive to gold, the lowest level only reached 2009, and finally rose to above 2020.
Today's core PCE data is very important to the trend of gold. From the perspective of expectations, core PCE 3.0% is indeed possible. After all, U.S. inflation has continued to decline since last year, but it should be noted that the phased rebound in U.S. housing prices has continued. This all brings suspense to the evening announcement.
It can be seen that gold is still in a downward trend, so we still focus on selling, but we must wait until the important resistance range before selling.
Strategy 1:
Xauusd:sell2026-2030
TP:2020-2017-2010
Strategy 2:
Xauusd:sell2032-2036
TP:2026-2020
SL:2039
With the above two strategies, you can choose the appropriate trading strategy based on your own funds.
Join me as I share my thoughts every day for your reference
Today Gold sell move today confirm move to sell don't miss this The daily chart for XAU/USD shows that the risk remains skewed to the downside. A bearish 20 Simple Moving Average (SMA) maintains its bearish slope above the current level, while the longer moving averages remain directionless, far below the current level. Technical indicators, in the meantime, hold directionless within negative levels.
According to near-term technical readings, XAU/USD is poised to extend its decline. The 4-hour chart shows the pair met intraday sellers around a mildly bearish 20 SMA while the longer ones grind lower above it. Technical indicators, in the meantime, accelerate lower within negative levels, supporting another leg south on a break below the $2,010 price zone.
Support levels: 2,010.00 2,001.60 1,988.60
Resistance levels: 2,021.80 2,033.10 2,040.30
Gold sell now 2022
Confirm Target 2005
Gold price is trending DOWN with GDP news⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
During the Asian session on Thursday, the price of gold (XAU/USD) has slightly increased and recovered some of the significant losses from the previous day. However, there is a lack of strong bullish momentum. The US Dollar (USD) is struggling to take advantage of the rebound it experienced from a one-week low and is still below its highest level since December 13, which was reached on Tuesday. These factors, combined with the potential for further escalation of military action in the Middle East, are providing support for the safe-haven precious metal.
⭐️ Personal comments NOVA:
Gold price after the 2019 breakout, Gold price will continue to fluctuate below this zone and prioritize the upcoming DOWN trend, today's GDP news is also supporting that.
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2000 - $2002 SL $1992
TP1: $2008
TP2: $2013
TP3: $2020
🔥SELL GOLD zone: $2022 - $2024 SL $2029
TP1: $2015
TP2: $2008
TP3: $2000
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
A slowdown in the DOWN trend !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
This week's main events to watch out for include the release of the US Gross Domestic Product (GDP) for the fourth quarter on Thursday and the Core Personal Consumption Expenditures Price Index (Coe PCE) on Friday. If the US data shows weakness, it is expected to influence the Federal Reserve to adopt a more dovish stance, which could limit the downward movement of gold prices. Additionally, the US Richmond Fed Manufacturing Index for January will be published later on Tuesday, ahead of the key US event.
⭐️ Personal comments NOVA:
Gold price range 2020-2027. Still in a DOWN trend if there is no sudden change in bad economic data for the DOLLAR. Gold price continues to struggle sideways above $2000
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2002 - $2005 SL $1995
TP1: $2012
TP2: $2020
TP3: $2030
Pay attention to the 2015-2017 support zone, scalping BUY
🔥SELL GOLD zone: $2040 - $2042 SL $2050
TP1: $2032
TP2: $2026
TP3: $2020
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GOLD SELL CONFIRM TODAYGold has struggled against this central bank headwind and is sitting on a prior level of resistance turned support at $2,009/oz. This week’s sell-off has driven the spot price through both the 20- and 50-day simple moving averages, adding to the negative tone. We noted in the article above that $2,009/oz. should hold a short-term sell-off and while this still stands, a further break lower cannot be ruled out. The next level of support at $2,000/oz. is followed by $1,987/oz. Ona longer-term basis, the chart remains positive as long as the last higher low at $1,973/oz. remains in place.
XAUUSD Shorts from 2050.000 down towards 1990.000This week's perspective on gold is quite interesting, considering the recent break to the downside. The current retracement, triggered by a reaction from an imbalance, has my attention focused on the 22-hour supply zone. This particular zone played a significant role in causing the downward break.
Given that price has cleared liquidity from its all-time highs, there's potential for a continued downtrend. Therefore, I'm patiently waiting for a Wyckoff distribution to unfold within the 22-hour supply zone. The goal is to capture selling opportunities, anticipating a move back down towards a robust daily demand zone where I expect a bullish reaction to occur.
Confluences for gold Sells are as follows:
- Price has recently broken structure to the downside on the higher time frame.
- ATHs of the chart got swept, enough liquidity to generate a bearish trend.
- Theres still imbalances below to fill as well as a daily demand that needs mitigating.
- Price formed a clean 22hr supply zone that has caused this BOS to happen and in the 0.78 fib range.
- Even if price wants to maintain a bullish trend it must come down to mitigate a demand.
- Sentiment analysis also suggests gold to be bearish.
P.S. While I'm currently bearish, there's a possibility that this could unfold as a temporary move toward a more favourable demand zone. This scenario might set the stage for a continuation of the bullish trend on the higher time frame. However, my immediate focus is on seeking selling opportunities to drive the price back down.
Have a great trading week ahead and let's catch some pips!
GOLD H1 / FVG TAKEN / GOOD OPPORTUNITY FOR A LONG TRADE ✅💲Hello traders!
This is my idea related to Gold H1. I see a very nice retracement from the resistance level. Also, the FVG on M15 was taken, and I expect a bullish move until the price of 2048, were we have a valid FVG.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Scalping XAU! 19/1/24 Strong selling resistance zone⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US-led coalition is still engaged in conflicts with the Iran-backed Houthi faction in the Red Sea, which is contributing to the stability of the Comex Gold price as the US Dollar remains subdued. On Thursday, Houthi rebels in Yemen fired two ballistic missiles at a tanker ship owned by the US and operated by Greece. In response, the US conducted its fifth attack against Houthi targets.
⭐️ Personal comments NOVA:
set up signal SELL XAU, resistance zone along with US economic data expected to be good for USD bad for XAU
⭐️ SET UP GOLD PRICE:
🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2025
TP2: $2017
TP3: $2002
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Gold is ready to go shortThe price of gold is currently maintaining its stability below the threshold of 2018.80, thus keeping the bearish trend scenario valid and active for the day. It is important to note that our main anticipated target is set at 1982.23.
We are taking short positions to achieve this target and break the level of 1900.
XAU sell Just as highlighted by my analysis, today is bearish and the sell momentum kickstarts after the liquidity buy zone has been filled.
The full prospect is a massive sell down to the 90's 📉
Let's watch the market movements and make profits off this analysis
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GOLD MOVING DOWN (READ DESCRIPTION)Gold has struggled against this central bank headwind and is sitting on a prior level of resistance turned support at $2,009/oz. This week’s sell-off has driven the spot price through both the 20- and 50-day simple moving averages, adding to the negative tone. We noted in the article above that $2,009/oz. should hold a short-term sell-off and while this still stands, a further break lower cannot be ruled out. The next level of support at $2,000/oz. is followed by $1,987/oz. Ona longer-term basis, the chart remains positive as long as the last higher low at $1,973/oz. remains in place.
GOLD IS FALLING DOWN 👇 READ ITGold price (XAU/USD) has executed a short-term recovery move in the midst of a persistent downtrend. Gold price printed a fresh monthly low near the psychological support of $2,000 on Wednesday, then bounced.
Yet despite the rebound, the precious metal remains on the backfoot as investors continue to worry about when the Federal Reserve (Fed) will start its long awaited rate-cut cycle. The hopes of an early rate-cut decision from the Fed are easing as the last leg of inflationary pressures in the United States is turning out significantly more stubborn than previously thought, due to robust consumer spending and steady labor market conditions.
GOLD H1 / SHORT TRADE ACTIVATED / STRATEGY CONFIRMED ✅Hello Traders!
In the previous analysis, I expected a retracement from the resistance level and I was looking for a short-trade from the OB.
Now we can see a very clear retracement. A good opportunity to execute short trades for scalpers or on small time frames.
Congrats to those who executed the trade.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
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www.tradingview.com
Gold melting a little?In the final days in December gold's strength has started to weaken. Wednesday December 27th 2023 is the last high we saw gold peaking around 2088.41. A massive and consistent downtrend has come right after that with a clear formulated structure with lower-low's and lower-high's. Monday January 08th 2024 is when we saw a pull-back and momentum revitalize it's self with going stabilizing itself seeing more stride with it's price trying to gain value back to the upside. Yesterday Tuesday January 9th 2024 during New York session it's seemly lost it's momentum but we can see that Monday's New York session has made clean traffic with price to the upside which in turn will be great for pin pointing where gold will go.
*** KEY ANALYSIS ***
I'm looking for GOLD to break and CLOSE under 2023.83 on a 30M time frame. This will confirm more of a downtrend considering the clean traffic and move up from Monday New York session that had alot of volume
-- Close under my zone at 2023.83
Target 120 pts on candle break and close.
Stops: anywhere above opposite side of the zone at 2027.43
Gold: $2,025 - After US Inflation, What's Next?Gold: $2,025 - After US Inflation, What's Next?
Gold's short term prospects might be dependent on upcoming US inflation data for December. XAU/USD currently trades at $2,025, stepping back from an intraday high of $2,042.
On Thursday, the US will release the Consumer Price Index for December. The market is expecting a 0.3% monthly increase in Core CPI, excluding volatile food and energy prices, in line with November. If the monthly core CPI exceeds 0.5%, it could push up US yields and weigh on XAU/USD. Alternatively, a softer-than-expected CPI reading may keep expectations for a Federal Reserve policy shift alive and perhaps help keep gold above $2,020.
Technically, the 4-hour chart suggests a downside risk for gold, trading below its 20 Simple Moving Average at around $2,036. Conversely, the initial resistance for XAU/USD stands at $2050, where the 50- and 100-day SMAs are converging. The daily high on January 5 at $2063.98 might be the next level to keep an eye on to the upside.
Looking to short under zoneLooking to short price for 120 pts if candle closes ONLY below my zone under 2040.43. The candle has to close before i consider it as my first confirmation. My second sell Limit or executed market price trade will be at the upper end of my zone at 2043.62.
I will only execute my second trade once price reverses before hitting my target area for 120 pts after new candle closes below the zone