gold buy confirm signalGold 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 2157
tp1 2161
tp2 2170
tp3 2200
sl 2130
Goldshort
gold buy confirm XAU/USD is up for the sixth consecutive day, and extreme overbought conditions have become more notorious, but there are no other signs of upward exhaustion in the daily chart. Technical indicators continue to edge higher, albeit with decreased momentum. At the same time, the bright metal advanced further above its moving averages, with the 20 Simple Moving Average (SMA) gaining bullish traction above the longer ones and far below the current level.In the near term, however, according to the 4-hour chart, there is room for additional gains. The Momentum indicator resumed its advance after correcting extreme overbought conditions, while the Relative Strength Index (RSI) indicator also regained the upside and currently stands at 84. Finally, the 20 SMA heads north almost vertically, currently at around $2,110, reflecting continued buying interest.Gold trades in positive territory at around $2,140 and stays within a touching distance of a new record high. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day below 4.2%, allowing XAU/USD to preserve its bullish momentumGold 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 2147
TP1 2151
TP2 2155
TP3 2159
TP4 2165
Sl 2130
GOLD → DROP!Gold has reached its pinnacle, extending trades towards long positions would be ill-advised. Currently, the price is situated within the "POI," prompting the search for a suitable setup to initiate short positions.
The price movement exhibits a stepwise progression, characterized by a push from the minimal support level, reminiscent of a primitive maker's strategy.
It is advisable to await the decoupling and markdown of the asset before further action.
2024/03/06 Gold Trading PlanPlease note: This is a personal journal only, but NOT a trading suggestion.
Current price: 2141
===================Technical Analysis=================
Gold has embarked on a robust bull run after testing the support at 1990, rebounding sharply without experiencing the typical correction. The market is currently in a severe overbought state.
A key resistance level for gold was previously at 2145, which was slightly breached today but quickly fell back following Powell's speech.
Although gold is still in a bullish trend, I will consider a short position based on the resistance level and the need for a correction.
Entry point: near 2145
Target: 2085, 38% Fibonacci retracement
Stop loss: 2180.
P&L: 2.55
=================Possible Situation==========
No.1 Gold continues to rise to a new high above 2145.
No.2 Gold initiates a correction before the next significant movement. I expect the correction A-B-C to be completed in the coming days.
=================My Trading Plan===============
Buy limit: N/A
Sell limit: near 2145
Buy stop: N/A
Sell stop: 2121, 2108, 2000
XAUUSD 100% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
GLOD ZONE BUY Gold News: Read the Latest Analysis on XAU/USDGold 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 seen oscillating in a narrow range during the Asian session on Monday and consolidating last week's strong gains to the $2,088-2,089 region, or its highest level since December 28. The US Dollar continues to be undermined by the disappointing release of the US ISM survey on Friday. GOLD NOW 2081 TP1 2085 TP2 2090 TP 3 21OO TP4 211O SL 2065
Gold retest the demand zone ( read caption)📣GOLD
Weekly Prediction
➡️Gold Has made a Stronger upside 🔼 move because of Strong Data🆕🆕 & a North Korean military equipment to Ukraine.🔥
🔍Now Gold Has Support zone Around 2069 - 66, Initially Gold will Fall🔽 towards Support zone & if Holds then upside 🔼2093 - 98 could be seen. I expect that Gold will test 2070 & 2052 Sharply .
PMI !! Will Gold price adjust DOWN?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is holding steady around the $2,045 mark during the Asian session on Friday. It remains within close reach of a nearly one-month high reached the day before. The release of the US Personal Consumption Expenditures (PCE) Price Index on Thursday showed that annual inflation in January was the lowest in three years. This has raised the possibility of a future interest rate cut by the Federal Reserve (Fed). However, this has not helped the US Dollar (USD) to continue its strong recovery from the 200-day Simple Moving Average (SMA). Instead, it has become a key factor supporting the precious metal.
Despite this, a number of influential members of the Federal Open Market Committee (FOMC) have indicated that the central bank is not in a rush to lower interest rates. Additionally, investors believe that the Fed will wait until the June policy meeting before making any changes to borrowing costs. As a result, this supports higher yields on US Treasury bonds and limits the upward movement of gold, which does not generate any yield. Furthermore, the prevailing bullish sentiment in global equity markets is also acting as a deterrent for traders to make new bullish bets on the safe-haven XAU/USD pair.
⭐️ Personal comments NOVA:
Gold price continued to benefit from yesterday's US unemployment data. increase to $2050 Zone. Strong resistance zone, in Uptrend
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2032 - $2034 SL $2028
TP1: $2040
TP2: $2045
TP3: $2051
🔥SELL GOLD zone: $2058 - $2060 SL $2065
TP1: $2052
TP2: $2046
TP3: $2040
⭐️ 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
XAUUSDHello traders ,what do you think about GOLD?In the daily chart of gold, the structure of the market is sideways and the price fluctuates in a downward trending channel and is currently at the ceiling of the downward channel. On the last trading day of last week,gold broke the resistance of 2035, but the volume of transactions decreased compared to the previous days, therefore, considering the volume of transactions, an increase in demand for gold is far from expected.
Considering the above and price hitting the ceiling of the channel, there is a possibility of a downward reaction.
If this post was useful to you, do not forget to like and comment.❤️
XAUUSD Bearish OutlookI am watching TVC:GOLD after the recent breakdown of a triangle pattern. Price has come back to test the triangle and we are waiting patiently for a signal to go back short. The 1H time frame is almost done filling a fair value gap and it lines up with the bottom of the triangle. Gold can prove to be tricky to pin an entry so i would like confirmation before taking it short.
Follow this idea for updates and when an entry is taken!
Gold Analysis: Will the Critical Resistance Hold or Break Gold is following a downward trend line in the 4-hour time frame and has formed a short-term ascending channel!
Gold is currently at a very important resistance zone of 2035 - 2039. Here we have two possibilities:
1. Gold may fail to break above this resistance and continue its downward movement from this area.
2. Gold might break above this resistance with today's news and move towards 2044 - 2047, meaning the top of the descending channel, and then, with tomorrow's news, continue to hit a downward trend from this area or an even more significant resistance of 2055 - 2058.
Pay attention to the news! News events shape all trends! 📈
Analysis of Dollar Index and Gold Prices in 12-Hour TimeframeLooking at the chart, we can see that the Dollar Index is approaching a very strong and significant support level, while Gold is facing a crucial resistance level and is below a descending trendline!
We know that the Dollar Index and Gold have inverse trends! This means that as the Dollar Index goes down, we can expect Gold to rise, and vice versa!
Now, what conclusions can we draw from this analysis?! Today, we also have some important news that could impact both pairs! We know that the Dollar Index may start moving upwards from its significant support, and Gold may see a downside movement from its current resistance!
However, we should be mindful that based on the news, there is a possibility of a stophunt! This means they might trigger some significant moves in both pairs and then reverse their direction. 📉📈
( Gold 200+ pips short Berish analysis)Hello Traders what your next target for Gold pair)
Gold pair technical and fundamental analysis📈📉📊
(Technical analysis)📉📈📊
Gold pairs last week well moving Up trand 1986 to 2040
Test breakdown down raenj now Gold pair test supply zone of 2040 I think Gold pair this week' well short Berish moment
Test 2016 Diamond zone 2016 and my analysis target
(Diamond and supply zone)
(Dxy bullish on analysis)
XAUUSD | Market outlook• Gold price oscillates in a narrow trading range around $2,035 on the softer USD.
• Four Fed officials emphasized that they don’t see an urgent case to cut rates and more evidence of inflation data is needed.
• The ongoing Middle East geopolitical tension might boost traditional safe-haven assets like gold.
• The January Chinese Consumer Price Index (CPI) and Producer Price Index (PPI) will be the highlights on Thursday.
Gold price (XAU/USD) remains confined in a narrow trading band above the $2030 mark per troy ounce during the early Asian trading hours on Thursday. Four Federal Reserve (Fed) officials emphasized that they don’t see an urgent case to cut rates, and the central bank would like to see more evidence of inflation data before it acts. The yellow metal benefits from the safe-haven flow amid the ongoing geopolitical tensions in the Red Sea. The gold price currently trades near $2,035, adding 0.07% on the day.
Meanwhile, the US Dollar Index (DXY), an index of the value of the USD measured against a basket of six world currencies, drops to the 104.00 mark. The US Treasury yields edge lower, with the 10-year yield standing at 4.11%.
Fed Governor Adriana Kugler, Boston Fed President Susan Collins, Minneapolis Fed President Neel Kashkari, and Richmond’s Thomas Barkin were all noncommittal on when the US central bank can start reducing the Fed’s benchmark lending rate from a two-decade high, despite a marked improvement in inflation last year.
Fed Governor Adriana Kugler, Boston Fed President Susan Collins, Minneapolis Fed President Neel Kashkari, and Richmond's Thomas Barkin were all noncommittal to talk about the timeline of interest rate cuts, despite a significant improvement in inflation last year. The languages generally match Fed Chair Jerome Powell's message from the previous week, which emphasized that the US central bank isn't ready to begin rate cuts until policymakers are confident that inflation is on track to reach the 2% target.
Investors have pared bets on a March rate reduction and are anticipating the first rate cuts in the May meeting. That being said, the high-for-longer narrative in the US diminishes the incentive for investors to buy gold as it pays no interest, thus resulting in a lower gold price.
However, the escalating geopolitical tension in the Middle East might lift traditional safe-haven assets like gold and cap the downside of yellow metal. Since Friday, the US military has carried out dozens of airstrikes on sites in Iraq, Syria, and Yemen. Joe Biden's government said that the wave of strikes was in retaliation to a drone strike that killed three US troops at a military base in Jordan on January 28, as well as continued attacks on commercial ships in the Red Sea by Yemen's Houthi militia.
Looking ahead, the January Chinese Consumer Price Index (CPI) and Producer Price Index (PPI) will be released on Thursday. On the docket, the weekly Initial Jobless Claims, Wholesale Inventories, and the speech by Fed’s Barkin (Richmond) will be later on Thursday.
Xauusd Short 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 2033
Target 2037
Target 2041
Target 2050
SL 2021
XAUUSDHello traders ,what do you think about GOLD?Gold is placed below the resistance zone and the trend line. It is expected to fall to the specified level after the completion of the pullback to the broken level. This week, important data will be published, including the PCE, from the US, which will affect the US dollar and ultimately the movement of gold.
If this post was useful to you, do not forget to like and comment.❤️
GOLD H1 / Short Trade Opportunity / Target Price 1975 ✅💲Hello Traders!
This is my idea related to GOLD H1. I see that we are in a bearish channel and at the moment, I would like to see a retracement from the resistance level. I will look for a short entry if I will see a confirmation of a bearish market structure. I expect that we will reach the PWL and my target is 1975.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
____________________________________
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XAUUSDHello traders ,what do you think about GOLD? In this week, gold did not have any big movement and was fluctuating. Looking at the chart, we can see that it has broken the trend line and is under the resistance zone. After the pullback to the broken level, it is expected to drop to at least the indicated level
If this post was useful to you, do not forget to like and comment.❤️
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 for
ecast.
Gold price hangs near multi-day low, downside remains limited amid modest USD weakness
Gold now buy 2017
Target 2020
Target 2023
Target 2026
Target 2030
Target 2060
SL 2000