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XAUUSD: 20/9 Today’s Trading StrategyIn today's Asian trading on Wednesday, gold suddenly fell sharply in the short term, and the price of gold once fell below 1930. Yesterday, the U.S. dollar index showed a V-shaped trend. It fell to an intraday low of 104.81 before the U.S. market, and then strongly recovered all losses, finally closing up 0.06% at 105.13. Gold prices retreated from fresh two-week highs ahead of the Federal Reserve's interest rate decision, with the outlook currently remaining neutral. The Federal Reserve will present new economic forecasts at the same time as it announces its monetary policy decision. Yesterday, spot gold fluctuated within a narrow range above the $1,930 mark. It once rose to an intraday high of 1,937.43, then gave up all gains and turned lower, finally closing down 0.13% at 1,931.31. Gold rose slightly after the opening yesterday, but its performance was weak during the European and American trading hours. The top-bottom transition we mentioned earlier was around 1930 and was temporarily broken through. However, the bulls did not forcefully continue before this action was completely completed. The rise began to show lack of momentum near 1935. On the 4-hour trend, the continuous high fluctuations caused the short-term moving average to gradually diverge downwards. The K-line began to slowly come under pressure on the short-term moving average, and the short-term trend showed signs of weakening. Although the current price is still running near the previous support band around 1930, the rebound is not too strong and the short-term trend is weak. So today’s gold operation idea, Jiesse recommends going short on the rebound and then consider going long on the low! ​Gold operating strategy: SELL:1935-1937 SL:1942 TP1:1930 TP2:1925
OANDA:XAUUSDShort
by ActuaryJ
Major Ethereum Holder Shifts $20 Million to Binance Amidst SpikeA notable Ethereum whale address moved 8,000 ETH ($13.24 million) to Binance, following previous transfers of 4,000 ETH, totaling $20 million in 20 days. The address initially received 64,000 ETH worth $106 million, raising speculation about its connection to czsamsunsb.eth. Additionally, a surge in Ethereum call options trading on Deribit was reported, with contracts valued at $150 million. This heightened activity suggests significant interest from large traders (whales) in Ethereum price movements.
FOREXCOM:XAUUSD
by Hinata_Sumi
56
GOLD Price Hovers Around $1,930 Amid Fed's Hawkish Stance and...Gold Price Hovers Around $1,930 Amid Fed's Hawkish Stance and Rising US Yields Gold price remains steady around the $1,930 mark as investors shift their attention to upcoming US economic data following the Federal Reserve's recent policy decision. However, the Fed's hawkish stance on interest rates and rising US bond yields are putting pressure on the precious metal's prices. Here's a breakdown of the key factors influencing the gold market: 1. Fed's Hawkish Stance: The Federal Reserve, as expected, decided to maintain the current benchmark policy rates at 5.5% during its recent meeting. This decision, combined with the Fed's projection of slightly higher inflation, has led to expectations of an additional rate hike in 2023. Notably, the Fed revised its projected interest rates for 2024 upward, from 4.6% to 5.1%. This stance has bolstered the US Dollar (USD). 2. USD Index at Six-Month High: The US Dollar Index (DXY), which measures the USD's performance against major currencies, has reached a six-month high around 105.50. The USD's strength is partly attributed to the Fed's hawkish stance. 3. Rising US Treasury Yields: Higher yields on US Treasury bonds are contributing to the USD's strength while simultaneously weakening the appeal of non-yield-bearing assets like gold. The yield on the 10-year US Treasury note has surged to 4.43%, reaching levels not seen since 2007. 4. Fed's Commitment to Inflation Target: In a post-rate decision press conference, Federal Reserve Chair Jerome Powell reiterated the Fed's commitment to achieving its long-term inflation target of 2%. Powell also suggested that the central bank may be nearing the peak of its interest rate hike cycle, but emphasized that future policy decisions would be data-driven. Upcoming US Data Releases: Investors are closely monitoring forthcoming US data releases scheduled for Thursday. These include the weekly Initial Jobless Claims, the Philadelphia Fed Manufacturing Survey, and the change in Existing Home Sales. These reports will provide insights into the US labor market, manufacturing sector, and real estate market, all of which play significant roles in shaping economic sentiment. In summary, gold's price stability around $1,930 is influenced by a combination of factors, including the Fed's hawkish stance on interest rates, the strength of the US Dollar, and rising Treasury yields. The outcome of the upcoming US data releases will be closely watched for further market direction as investors assess the health of key sectors within the US economy. Our preference Short positions below 1950.00 with targets at 1912.50 & 1905.00 in extension.
OANDA:XAUUSDShort
by FOREXN1
12
Will Gold fall after the FOMC event?Hello traders, Gold is currently at a very interesting level. Strong moves could happen after the FOMC event which is coming up in a few hours. 📌You can notice a price channel in the daily chart and price is currently at the top of the channel. 📌You can also see the formation of a bearish daily candle in the 100-day exponential moving average level, which is crucial. 📌If the FOMC statement is hawkish, it will lead to USD strength, thereby a sharp decline in Gold price would take place. My recommendation is not to rush with your trades. Instead, it would be better to wait and observe.
OANDA:XAUUSD
by MarcellusLUX
13
Gold Prices Consolidate as Markets Await Fed Decision...Gold Prices Consolidate as Markets Await Fed Decision Gold prices (XAU/USD) have entered a period of consolidation, trading around $1,930 during the Asian trading session on Wednesday. Market participants are adopting a cautious "wait-and-see" approach ahead of the Federal Reserve's (Fed) interest rate decision and FOMC press conference, events that could inject volatility into the market. In this article, we examine the factors influencing gold prices, including the Fed's anticipated interest rate decision and the performance of the US dollar. US Dollar and Treasury Yields The US dollar, as measured by a gauge against six major currencies, is holding steady near 105.10 after rebounding from a weekly low of 104.81. One significant factor contributing to the dollar's resilience is the US 10-year Treasury note yield, which has reached its highest level in 16 years, currently hovering around 4.365%. The elevated yields may limit the downside of the US dollar (USD) as it attracts investors seeking higher returns. Fed's Monetary Policy Decision The Federal Reserve is scheduled to announce the results of its two-day monetary policy meeting, with widespread expectations that interest rates will remain in the range of 5.25% to 5.50%. According to the CME Fedwatch Tool, the probability of the Fed keeping rates unchanged in September stands at 99%. However, the odds of another rate hike have diminished for the November and December meetings, according to the same tool. Market participants will closely monitor the post-meeting press conference led by Fed Chairman Jerome Powell. During this conference, analysts and investors will seek hints about the "dot plot" (the Fed's projection of future rate hikes) and inflation expectations. Rising interest rates tend to increase the opportunity cost of holding non-yielding assets like gold, potentially casting a shadow on the precious metal's outlook. Impact on Gold The upcoming Fed interest rate decision, scheduled for Wednesday at 18:00 GMT, holds significant importance for gold traders. The outcome of this decision is likely to provide clear directionality to gold prices. Furthermore, later this week, the Bank of England (BoE) will announce its benchmark rates on Thursday, followed by the Bank of Japan's (BoJ) monetary policy meeting on Friday. Conclusion Gold prices are currently consolidating as market participants adopt a cautious stance in anticipation of the Fed's interest rate decision and the subsequent press conference led by Fed Chairman Jerome Powell. The performance of the US dollar, driven in part by rising Treasury yields, remains a critical factor to watch. The outcome of the Fed's decision and the associated commentary could set the tone for gold prices in the near term. While forecasts for gold remain bullish, the market's reaction to the Fed's actions and guidance will be pivotal in determining the precious metal's future trajectory. Our preference Long positions above 1924.00 with targets at 1940.00 & 1945.00 in extension.
OANDA:XAUUSDLong
by FOREXN1
14
GOLD 4H The FED decision will affect the marketGOLD The FED decision will affect the market reminding you that, consolidation under 1920 is important to achieve the suggested targets as breaching it will push the price to build a bearish wave to reach 1910 , 1902 , and 1896 As for renewing bullish attempts, consolidation above 1928 will support the price to rise up again and recover its positive momentum to retest again to 1937 , 1945 , and 1945 Support line: 1910, 1902 , 1896 Resistance line:1937 , 1945 , 1945
TVC:GOLD
by ElenaMayi
Gold little flutuated ahead of Fed and other rate decisionsThe gold market is currently in a holding pattern as investors await monetary policy updates from the Federal Reserve and other central banks this week. Gold prices are relatively stable, with the most active futures contract settling just slightly higher and spot gold showing a small decline. Market analysts suggest that gold traders are cautious and waiting for these central bank decisions, including the Fed, Bank of England, Bank of Japan, and People's Bank of China. The focus is on the Fed's decision, and any signals regarding interest rate hikes could impact gold's direction. If there's optimism that central banks are done raising rates, it could be positive for gold, but uncertainties remain. The European Central Bank recently raised rates to 4%, signaling it might be the last hike for a while. The Fed is not expected to raise rates during its upcoming meeting, but investors are eager to hear Chairman Jerome Powell's comments for clues about the rest of the year. The possibility of a hard economic landing could drive safe-haven flows into gold. In summary, gold markets are on hold as traders await central bank decisions, with a focus on the Fed's announcement and Powell's remarks. The recent increase in U.S. consumer prices adds complexity to the inflation outlook.
FXOPEN:XAUUSD
by Santorinina
4
XAUUSD: 18/9 Today’s Trading StrategyThe international gold price fluctuated slightly and rose slightly on Monday, while the U.S. index remained stable above the 105 mark. Market focus this week will be on the Federal Reserve, with the Federal Open Market Committee meeting on Tuesday. Last week, spot gold successfully held on to the 1900 mark, and after the daily line closed with a cross star, a big positive line rose, successfully breaking through the Bollinger Middle Track, indicating that a large number of buying orders began to enter the market, and a reversal signal was shown at the low level. The short-term bulls have reversed the weak situation and successfully closed above the 1920 mark. The MA5-MA10 moving average has also begun to turn upward. If the bulls successfully break through the 1930 mark, it will continue to rise. What needs to be noted is that the weekly trend is in the peaking and falling stage, and the overall situation is still volatile and downward. Bulls may not necessarily be able to break through 1930. This position is the top of the recent shock in the 1915-1930 range, and there is a lot of short pressure. But it should be strong in the short term. Since gold has bottomed out, it means that gold will further rise in the future. You need to pay attention to 1952 above. You still have to be careful about the risk of falling back here. If you can successfully break through this pressure level, then The upper space has been opened, so once the price breaks through 1952 as the main resistance, it means that bulls will have unimpeded access in the future. Gold has stopped falling and has turned bullish, so this week gold is mainly on a correction low and long. Today we focus on the vicinity of 1930. If the 1930 position is successfully broken, it will continue to see the 1935 position. ​Gold operating strategy: BUY:1920-1923 SL:1916 TP1:1926 TP2:1930
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 19/9 Today’s Trading StrategyIn early Asian trading on Tuesday, the U.S. dollar index almost fell below 105, ending nine consecutive days of gains ahead of the Federal Reserve's FOMC decision. Gold rose to $1,934 as the market awaited key central bank decisions this week. Many central banks, including the Federal Reserve, the Bank of England and the Bank of Japan, will announce the results of their interest rate discussions. The combination of factors such as the resilience of the U.S. job market, controlled CPI inflation, and accelerating economic growth suggest that Fed officials may anticipate a soft landing for the economy in their upcoming forecasts. However, what cannot be ignored is that expectations for another interest rate hike still exist. Yesterday, the overall technical aspect of gold relied on the 1922 mark to continue the upward trend of bullish shocks and breakthroughs. The Asian market opened and stabilized at the 1922 mark, and then ushered in the strong pull of the bulls to rise higher. In the afternoon, it slightly surged above the 1930 mark and fell back under pressure. The US market fluctuated repeatedly in the evening. The sideways trading above the 1922 mark once again ushered in the trend of bulls breaking high, and finally closed above 1930. The gold price ushered in a strong bull rebound for two consecutive trading days. In the short term, the bulls' strong rhythm continued unchanged, and gold continued to rise again. After a narrow range of fluctuations, it broke through 1930 in the early morning, reaching a maximum of 1934.6, and closed with a positive line. Judging from the current market, three consecutive positive lines on the daily chart basically set the bottom shape, and at the same time, the daily chart A wave was supported by the lower line and then went up. From the 1-hour chart, the stochastic indicator's golden cross is upward, and there is no dead cross for the time being. The market is resisting the decline. The high point is still not out, which is a bullish signal. The support position for top-bottom transition is near 1930, and the lower support is The position is near 1922, and the upper pressure position is near 1935. From the market point of view, the gold price has ushered in a strong bullish rebound for two consecutive trading days. In the short term, the strong bullish rhythm continues to remain unchanged, but there is definitely a callback, and it is not expected to be strong. Then for short-term trading within the day, Jiesse recommends just going long with the trend. ​​Gold operating strategy: SELL:1940-1943 SL:1948 TP1:1935 TP2:1930 BUY:1926-1929 SL:1921 TP1:1934 TP2:1939 Technical analysis, for reference only.
OANDA:XAUUSD
by ActuaryJ
Trading strategies guaranteed to make moneyGold is currently trading near the 1933 position. Today I have informed everyone to short gold in batches in the 1936-1940 area. Although it has not yet reached our profit target, it is obvious that we still have good profits. To be honest, this rebound in gold has indeed exceeded my expectations. I originally expected that gold would only rebound to around 1930, but unexpectedly it has reached 1936. However, the current 1936-1938 position is indeed the short-term suppression point, and it is also near the suppression point of the triangle consolidation trend line, so today I released a trading strategy for shorting gold in the 1936-1938 area. At present, everyone can hold the order patiently and wait for the profit to increase! In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have given feedback that it is very helpful. If you want to learn market trading logic, or you want clear trading signals and get more profits, I can satisfy you. Be sure to follow the bottom of the article to view the details!
OANDA:XAUUSDShort
by AntonioWilson
expected range until FOMC in tomorrow with 1929 key#GOLD. market trade slowly but heading up from last 3 4 session. now guys important area to watch in 1935 upside and downside 1922 if market trade in range until FOMC then am expecting this range. keep close middle line in between this range that is 1929 it will play key role in tomorrow, below 1929 next area will be 1922 cash the range until market trade inbetween these lines, either side will be very expensive in both ways, trade wisely good luck
FX:XAUUSD
by AdilHussain731333
Trade with gold 18/9The cryptocurrency market had a quiet week, but Stellar's XLM saw an 11% drop after a high-profile commercial featuring Idris Elba. Swan Bitcoin faced a hack, leading to suspicions about Ripple's acquisition of Fortress Trust. Binance CEO CZ made a $3 million donation to Moroccan users while facing SEC litigation, and Binance's U.S. CEO resigned. OneCoin co-founder was sentenced to 20 years for a $4 billion scam. Google Cloud partnered with LayerZero for transaction verification. SuperRare announced layoffs, but the overall crypto industry is positive with Visa supporting USDC on Solana and the London Stock Exchange using blockchain for tokenized financial assets.
FOREXCOM:XAUUSD
by Hinata_Sumi
50
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20