$GOLD may dump more#gold #xauusd chart has bearish patterns in STF and weakened. Expecting more sales.
Not financial advice.
Goldshort
⭐️ XAUUSD : Is Gold Likely to Fall Again? Based on my observations, the current resistance used to be a strong support on the daily timeframe. A solid breakout indicates that the price is now moving towards a new level. I'm targeting this 2332 resistance as the golden zone for us to swing short towards the support at 2299.
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Best regards, Zack
Xauusd buy Gold News: Read the Latest Analysis on XAU/USD
Gold Price: Current Pricing, Prices Chart & Rate Graph
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now buy 2329
Target 2333
Target 2337
Target 2341
Target 2360
Gold Chances Of High Price Today Confirm Gold has struggled to approach the new all-time high around $2341, apart from the Friday push, and has traded sharply lower on Monday. The next level of support for the yellow metal appears at $2319.50 ($2320), which could indicate a deeper pullback towards $2222.
Gold has been trading within overbought territory for an extended period of time and has finally recovered into a more ‘normal’ range. Gold has proven to be impervious to a stronger US dollar as well as US Treasury yields, but now that risk appetite appears to have lifted, will the non-yielding metal begin to feel the effects. Additionally, robust US data has led the market to push out rate cuts later in the year, something that is likely to keep the greenback supported, weighing on gold.
Gold recovers above $2,300: What's next? Gold managed to recover its losses yesterday (biggest daily slump in almost 2 years) on weak US PMI data. The thought here is that sluggish growth indicators might push the Federal Reserve towards an earlier interest rate cut (although don't hold your breath), potentially increasing the attractiveness of non-yielding assets like gold.
The rate of expansion in US business activity slowed amid signs of weaker demand, according to the latest S&P Global Flash PMI report.
From a technical standpoint, XAU/USD is currently grappling with the 23.6% Fibonacci retracement level from the rally between $1,984 and $2,430, struggling to surpass it convincingly.
Ole Hansen from Saxo Bank notes that gold's vigorous surge since mid-February is undergoing a necessary correction, which should hopefully provide insights into the actual underlying demand (now that geopolitical risk has somewhat cooled).
Market attention now shifts to three key US data releases: US durable goods (Wednesday), US Q1 Flash GDP (Thursday), and US Core PCE on Friday. While all three could impact the market, the latter two are anticipated to carry greater significance.
xauusd buyGold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold price sees a fresh leg down in Asia on Tuesday even as risk flows dissipate. Receding fears over Middle East escalation offset subdued US Dollar and Treasury bond yields. Gold remains heavily oversold on the 4H chart, rebound appears in the offing.
gold now buy 2301
tp1 2305
tp2 2309
tp3 2313
tp4 2317
tp5 2321
tp6 2340
gold confirm buy signal
xauusd buyGold stays under heavy bearish pressure and trades at its lowest level in a week below $2,350. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.6%, forcing XAU/USD to stay on the back foot.
From a technical perspective, the range-bound price action witnessed over the past week or so constitutes the formation of a rectangle on short-term charts. Against the backdrop of the recent blowout rally, this might still be categorized as a bullish consolidation phase. Moreover, oscillators on the daily chart have eased from the overbought territory and suggest that the path of least resistance for the Gold price is to the upside. That said, bulls might wait for sustained strength and acceptance above the $2,400 mark – representing the top end of the trading range – before positioning for any further gains.
gold buy now 2340
tp1 2350
tp2 2360
tp3 2370
GOLD - Massive Ending Diagonal! Gold is currently in an ending diagonal which breaks down into 5 waves with 3 waves each.
It appears as if the top is in for wave 3 and now we've started wave 4. We are expecting an ABC correction for wave 4 leading towards the fibonacci level.
For those that are interested in entering, watch for any sort of pullback and enter with stops above the highs.
Goodluck and as always, trade safe!
See our previous analysis below.
XAUUSD - Technical Sign of Retracement . Gold fail to break the 2400 to the top. Indicate a lack of interest of buyer.
Second reason is the heat from Middle East War has cooled down. Making Gold start to correct after a strong increasing.
Xauusd confirm buy signal Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecas
Xauusd buy now 2360
Target 2364
Target 2368
Target 2372
Target 2400
XAU blueprint Using different analysis procedures, I am keen to publish this broken down xau swing movement which portrays a logical full liquidity sweep along the indicated zones after establishing a "rally-up", as well as the currently forming base before we see the drop thereby clearing the liquidity below .
Do you still not understand? You can always leave a comment below for further explanation 👍
i go short on Gold for the next two weeks
Relative Strength Index (RSI): Above the level of 70, which may indicate a state of overbought conditions.
Moving Average Convergence Divergence (MACD): The MACD line is above the signal line, and the histogram shows an ascending trend.
Overall trend of the chart:
candlesticks display a series of bullish candles indicating market momentum is upward. However, it's important to consider the overbought condition on the RSI indicator and be prepared for the possibility of a reversal or correction.
I will enter a gold sell trade at the current price and will take profits at levels of 2300 and 2280.
This is not financial advice, always do your own analysis.
Good luck to everyone.
gold buy signal Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
gold now buy 2393
tp1 2394
tp2 2398
tp3 2402
tp4 2420
GOLD: Not Sure What Next? Gold has been in range, price have been trading at 2360 and 2396, however, we are still unsure of what next with Gold. Though fundamental and technical both sites showing that Gold may rebound to 2440 area however, recent volume and price behaviour says otherwise. Let's wait and see how price behave.
Xauusd up Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Confirm gold buy
Gold now buy 2393
Target 2397
Target 2401
Target 2420
Xauusd confirm signal buy Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold trades in positive territory above $2,380 on Thursday. Although the benchmark 10-year US Treasury bond yield holds steady following upbeat US data, XAU/USD continues to stretch higher on growing fears over a deepening conflict in the Middle East.
Gold now buy 2374
Target 2378
Target 2382
Target 2400
GOLD SELLHello, according to my analysis of the gold market, we notice the formation of an ascending channel. However, despite that, it is only a corrective wave. We may see a decline from the 2080 area, which is a correction to the Fibonacci golden ratio of 61%. Good luck to everyone
story series focoused on top of the range
Music is till down there . Price will go there for a party
and take the keys for downward targets
GOLD-analyze
U.S. retail sales rose more than expected in March as online retailers' revenue surged, providing further evidence that the economy ended the first quarter on solid growth. The report from the U.S. Commerce Department on Monday, combined with data earlier this month on strong job growth in March and a pickup in consumer inflation, have heightened expectations that the Federal Reserve may delay a rate cut until September. In terms of the geopolitical situation, top Israeli military officials said on Monday that Israel would respond to Iran's weekend missile and drone attacks. Netanyahu convened a war cabinet meeting for the second time in less than 24 hours to weigh how to respond. Iran's first direct attack on Israel. Today we need to pay attention to the March new housing starts, building permits and industrial production data released by the US market.
As can see from the chart, gold fell rapidly from 2431 last week. Gold made some repairs yesterday, but it failed to break through important resistance points.
I give the above resistance points, you can sell
2380-2385,2400-2405
The market changes rapidly, and you need to pay attention at all times and control your positions reasonably.
By following me in trading, you can increase your success rate, reduce losses and increase profits.
gold buy confirm signal Gold price consolidates the rebound below $2,400 amid risk-aversion. Dollar gains on strong US Retail Sales data despite easing Middle East tensions.
Will Gold reclaim $2,400 ahead of Powell speech?
As observed on the four-hour chart, Gold price is holding comfortably above the 21-Simple Moving Average (SMA) at $2,363, having reclaimed that barrier in Monday’s North American trading.
The Relative Strength Index (RSI) is pointing north while above the 50 level, currently near 61.0, justifying the latest move higher.
If buying momentum gains traction, immediate resistance is seen at the $2,400 round figure, above which the record high of $2,432 will be retested.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.\
gold now 2371
tp1 2375
tp2 2379
tp3 2383
tp4 2400
