Goldshort
xauusd buy signalGold 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.
Spot Gold shed some ground on Wednesday as the US Dollar got an unexpected boost from risk aversion XAU/USD losses, however, are modest compared to other USD rivals, as Gold benefited from its safe-haven condition.
Hell broke loose when the United States (US) reported stubbornly high March inflation. According to the Bureau of Labor Statistics (BLS), the Consumer Price Index (CPI) rose by 0.4% MoM and 3.5% YoY, surpassing expectations and ticking higher from February. Core annual inflation was up by 3.8%, matching February’s figure but above the 3.7% expected. The news sent the USD skyrocketing amid risk aversion, as the figures backed the Federal Reserve (Fed) case of keeping interest rates higher for longer.
gold now buy 2334
tp1 2342
tp2 2346
tp3 2350
tp4 2380
sl 2320
Gold: Destination Reached 📌The gold price has now reached the levels at which we expect the high of the orange-colored wave c and thus of the turquoise-colored wave B. We anticipate that the price will turn around and then sell off sharply. After all, we consider the current rise to be merely corrective in nature.
PPI - will Gold prices continue to adjust downward?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) fell on Wednesday due to strong US consumer inflation figures, which reduced expectations of a rate cut by the Federal Reserve. However, it recovered during the Asian session on Thursday amid a weaker tone in equity markets. The prolonged higher interest rates by the Fed and concerns over the Middle East crisis are causing investors to turn to Gold as a safe-haven asset. Additionally, profit-taking in the US Dollar and lower US Treasury bond yields are also supporting Gold. Traders are now focusing on the US PPI data and Fedspeak for potential trading opportunities.
⭐️ Personal comments NOVA:
After yesterday's CPI data, suddenly all is well for the dollar. Today, another index assessing the level of US inflation PPI is predicted to continue to be positive for the dollar. Gold is under downward pressure
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2305 - $2303 SL $2297
TP1: $2312
TP2: $2320
TP3: $2330
🔥SELL GOLD zone: $2353 - $2355 SL $2360 Asian and European trading sessions
TP1: $2345
TP2: $2338
TP3: $2330
⭐️ 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
XAUUSD Analysis (11th April 2024)
Market Analysis PT2/2 (11th April 2024)
XAUUSD Analysis
On the 1 hour timeframe, price has created a bearish Change of Character with a body candle close, caused by the movement from CPI.
This means that the 1 hour timeframe has shifted bearish and shorts are more favoured.
On the 15 minute timeframe, price has created an unmitigated orderblock that hasnt been tested. Ideally i want to see price come up into the 15 minute bearish orderblock before looking for potential sells all the way down to the 1 hour Bullish orderblock at 2312.
Should price fall towards the 1 hour Bullish Orderblock without testing the 15 minute bearish orderblock, we can look for potential BUYS once a bullish Change of Character has occurred minimally on the 5 minute or the 15 minute timeframe.
CPI 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 price trades close to all-time highs with eyes on US inflation data for March. The US monthly headline and core CPI are projected to have increased at a slower pace of 0.3% in March.
Gold price trades inside Wednesday’s trading range as the US inflation data comes under the spotlight. The precious metal hovers near fresh lifetime highs around $2,360. The near-term demand remains intact as all short-to-long-term Exponential Moving Averages (EMAs) are sloping higher.
Gold now buy 2348
Target 2352
Target 2356
Target 2360
Target 2364
Target 2368
Target 2372
Target 2376
Target 2480
Target 2400
SL 2320
Xauusd 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 2348
Target 2370
SL 2332
Gold chartGold 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 corrected from the record-high it set above $2,360 but found support near $2,350. The benchmark 10-year US Treasury bond yield is down more than 1% on the day, allowing XAU/USD to stay in the green.
Gold price (XAU/USD) attracts some buyers for the third straight day on Tuesday – also marking the tenth day of a positive move in the previous eleven – and climbs to a fresh all-time peak during the first half of the European session. The optimism over a possible ceasefire between Israel and Hamas fades rather quickly, which is evident from the cautious market mood. This, in turn, is seen as a key factor acting as a tailwind for the safe-haven precious metal.
gold now buy 2345
tp 2355
tp 2360
tp 2370
tp 2380
sl 2320
Gold buy confirm signal 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 price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark and sticks to its intraday gains near the all-time peak during the early part of the European session on Monday. Expectations that the Federal Reserve (Fed) will start cutting rates in 2024, along with buying from the Chinese central bank, have been significant drivers of the precious metal's blowout rally over the past two weeks or so. That said, extremely overstretched conditions on the daily chart hold back traders from placing fresh bullish bets amid easing geopolitical tensions and a positive risk tone, which tends to undermine the safe-haven precious metal.
Gold now buy 2337
Target 2341
Target 2345
Target 2349
Target 2353
Target 2357
Target 2400
SL 2310
THE KOG REPORT - Update (what a day on Gold)End of day update from us here at KOG:
Following on from the KOG Report published yesterday, what a move on Gold, point to point, level to level, as we like it here at KOG. Early session straight into support giving the short, then the RIP which was expected straight into the order region, and to top it off, the RIP from the order region for the short. Pip capture, unbelievable! We've been using the red box strategy for the rest of the move which has given us opportunities to capture the scalps 50-60pips a go in between.
To be honest, that should be the week all done and dusted in terms of trading.
So, what now?
We have immediate support below 2315-10 which will need a forceful break to go lower, otherwise, any attempt on support could result in another RIP to take away the liquidity now sitting above 2350! For that reason, unless you're already short from the region given and protected, caution on shorting low in this range unless we confirm the break. Resistance now stands at 2330-35 with a break taking us higher before we then attempt to target lower pricing again. They're not going to make it easy, so stay disciplined and control lot sizes, the trade will come!
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Gold is long overdue for a much needed pullback In the past few weeks, gold has been soaring due to the geopolitical tensions in the middle east. In the last week's NFP, the strong numbers failed to take any advantage to most USD pairs.
So what now?
In the coming weeks, we might see a major pullback from the overbought zone which I tried to draw on the chart but having said that, it looks to me that gold has more room for upside considering we have CPI numbers coming this week.
good luck to everyone!
Carpe diem!
Gold NFP 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 now Sell 2293
Target 2289
Target 2285
Target 2280
Target 2270
Target 2250
SL 2318
NFPGold price pares intraday losses, keeps the red amid modest USD strength ahead of NFP
Gold price corrects further from the all-time high amid hawkish remarks by Fed officials. Some follow-through USD buying exerts some pressure ahead of the crucial US NFP data.
From a technical perspective, weakness below the $2,265 area could expose the weekly swing low, around the $2,229-2,228 region, with the $2,250 level acting as an intermediate support. Some follow-through selling has the potential to drag the Gold price toward the $2,200 psychological mark, which is likely to act as a strong base. That said, a convincing breakdown through the said handle should pave the way for some meaningful corrective decline.
The popularly known Nonfarm Payrolls (NFP) report will be looked upon for fresh cues about the Fed's rate-cut path, which, in turn, will drive the USD demand and provide a fresh directional impetus to the non-yielding Gold price. In the meantime, persistent geopolitical tensions stemming from the Russia-Ukraine war and the risk of a further escalation of conflicts in the Middle East should act as a tailwind for the safe-haven XAU/USD. This should limit any meaningful corrective slide from the all-time peak.
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 sell 2292
TP1 2285
TP2 2280
TP3 2270
TP4 2250
SL 2316
xauusd buy chartGold stays in a consolidation phase below $2,300 after reaching a new record-high above this level earlier in the day. The benchmark 10-year US Treasury bond yield holds steady above 4.3% ahead of Fedspeak, limiting XAU/USD's upside.
Gold price (XAU/USD) retreats after hitting a fresh record high earlier this Thursday and extends its steady intraday descent through the first half of the European session. Bulls opt to take some profits off the table amid overbought conditions on short-term charts and a positive risk tone, which tends to undermine the safe-haven precious metal. Any meaningful corrective decline, however, still seems elusive in the wake of persistent geopolitical tensions stemming from the protracted Russia-Ukraine war and conflicts in the Middle East.
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 2291
TP1 2295
TP2 2299
TP3 2304
TP4 2340
SL 2270
Gold buy confirm 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 buy now 2291
Target 2295
Target 2300
Target 2305
Target 2310
SL 2280
WILL XAUUSD REBOUND FROM 2300 ? 💼✨Embark on a Golden Odyssey! 💫💎✨
🔥 Attention, savvy traders! Prepare to plunge into the radiant realm of GOLD! 💫 With XAUUSD taking center stage, let's navigate the twists and turns of this captivating market. 💰📈
🌐 As the golden bull charges ahead, shattering records like never before, it's crucial to remain alert amidst the whirlwind of opportunities. 📊💥 But fret not! Within the narrow confines of 2302.50 to 2294.50 lies both caution and potential. 🚀🔒
🔮 Peer into the crystal ball, and you'll catch a glimpse of the potential for an exhilarating downward correction. Yet, in this dance of fortunes, lies the essence of trading wizardry! 🌈✨
📈 Envision this: A daring breach above the range could ignite a frenzy of buying, propelling us to the lofty peaks of 2310.50 . Conversely, if we descend below, seize the opportunity to sell and gracefully ride the waves down to 2287 and 2275. 📉🚀
🤓 Your journey through this analysis isn't just informative; it's actionable! 🚀 Let your support amplify these vibes, and remember, trade smart, trade safe. 💡✅
✌️ Until we meet again, may your trades be bountiful and your path adorned with triumph! 🌍💫💰
Xauusd confirm buy signal 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 price (XAU/USD) pulls back after hitting a fresh record high earlier this Wednesday and remains on the defensive through the first half of the European session.
From a technical perspective, the Gold price has been scaling higher in uncharted territory, and the recent momentum seems strong enough to allow bulls to conquer the $2,300 mark. That said, the Relative Strength Index (RSI) on the daily chart is flashing extremely overbought conditions and warrants some caution. Hence, it will be prudent to wait for some near-term consolidation or a modest pullback before positioning for any further gains.
Gold now buy 2271
Target 2280
Target 2290
Target 2303
SL 2255
xauusd chartGold 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 signal
gold now buy 2296
TP1 2305
TP2 2323
TP3 2335
SL 2275
gold 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 price is consolidating the previous rally to all-time highs of $2,266 in Asian hours on Tuesday. Gold price looks to the US jobs data for fresh hints on a potential Fed rate outlook, especially after strong US PMI data dialed down expectations of a June Fed rate cut.
gold buy 2254
TP1 2260
TP2 2270
TP3 2280
TP4 2300
SL 2230