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XAUUSD:23/1 Today Analysis and StrategyGold technical chart daily pressure is 2040, with support below 2000-1966 Four-hour pressure is 2032, support below is 2012-2000 One-hour pressure is 2032, support below is 2012-2000 ✅Operational suggestions: At present, the top is paying attention to the first-line pressure of the 2032 mark, and its daily pressure of the 2040 mark. Today, it will rebound and continue to short, with a target near 2000-1980-1966. If the market reverses and breaks through 2053, the trend will turn to bullish. SELL:near 2040 SELL:near 2032 SELL:near 2020 You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
XAUUSD:19/1 Today Analysis and StrategyGold technical chart daily pressure is 2040, with support below 2000-1966 The four-hour pressure is 2032, and the lower support is 2000-1980 One-hour pressure is 2032, support below is 2012-2000 Operational suggestions: Judging from the daily analysis, today's upper resistance continues to focus on the vicinity of 2025-2032. Counterattacks during the day rely on this position to continue to be short and then look at the downward trend. The lower target continues to focus on breaking the bottom. The short-term short-term dividing line moves down to 2032, until the daily level breaks through and reaches this position, continue to maintain the priority short selling rhythm. SELL:near 2032 SELL:near 2000 BUY: around 2000
OANDA:XAUUSD
by ActuaryJ
Wait for the rise to 2038 before SellThe price of gold rose rapidly after the initial unemployment benefits announced last night. It is currently showing a continuous rebound trend in the short term. The daily level shows a closing pattern of Zhongyang line. However, the overall one-hour trend is still just a rebound and does not represent a reversal. , so we can wait for the rebound to the resistance point of 2038 before selling. 2038 is a key resistance level that has not been broken through many previous attacks, so I think there will be a reversal here, and the target can be the support level of 2020. Trading Strategy: Gold 2038Sell, Target 2020 Good luck to everyone
OANDA:XAUUSDShort
by Golden-Strategy-Master
3
XAUUSD:17/1 Today’s Market Analysis and StrategyGold technical chart daily pressure is 2040, with support below 2000 Four-hour pressure 2040, lower support 2020 One-hour pressure is 2032, support below is 2020-2000 ✅Operational advice: Yesterday, gold fell all the way and continued to weaken. Today we will first break through the 2,000 integer mark, then look below the 1966 mark, and go short on rallies. SELL:near 2030 SELL:near 2000 BUY: around 1966 (target this week) You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
Gold price extends downside as Fed rate cut bets ease17 January 2024 •Gold price has extended its losses to near $2,017 and is expected to decline further towards the psychological support of $2,000. Technical Analysis: Gold price drops to near 50-day EMA Gold price continues its downside below $2,020 after Fed Waller's hawkish remarks about interest rates. The near-term demand for Gold is not bullish anymore as the price has dropped below the 20-day Exponential Moving Average (EMA), which trades around $2,036. The yellow metal has found interim support after sliding to near the 50-day EMA, which oscillates near $2,017. The 14-period Relative Strength Index (RSI) is declining towards 40.00, which could offer some cushion. However, a breakdown below the same will lead to the activation of bearish momentum. • Gold price falls sharply as Fed Waller maintains a higher for longer interest-rates narrative. • The last leg of high US inflation has turned out to be significantly stubborn. Guidance from three Fed policymakers and US Retail Sales data are due on Wednesday. Gold price (XAU/USD) has extended its correction on Wednesday as a hawkish commentary from Federal Reserve (Fed) Governor Christopher Waller has cast doubts about a rate cut by the central bank in the March meeting. Fed policymakers have been favoring interest rates to remain higher for longer, defying market expectations, amid a lack of confidence in inflation returning towards the 2% target in a timely and sustainable manner. The Consumer Price Index (CPI) data for December indicated that the last leg of high price pressures is quite challenging for Fed policymakers, likely due to steady labor market conditions and decent consumer spending momentum. A quick rate cut decision by the Fed can lead to persistence in inflationary pressures and dampen the work done to achieve price stability. Later in the day, the performance of the US Dollar, Treasury yields and bullions will be guided by the United States Retail Sales and Industrial Production data for December. The chances for the Fed cutting interest rates in March could ease further if the Retail Sales report comes in stronger than projected. Daily digest market movers: Gold price falls further ahead of US Retail Sales data •Gold price has extended its losses to near $2,017 and is expected to decline further towards the psychological support of $2,000. The downside bias to the gold price has strengthened as investors are uncertain about when the Federal Reserve could start discussing the timeframe for interest rate cuts. A hawkish commentary from Fed Governor Christopher Waller has raised doubts about whether the central bank will cut interest rates in March. Christopher Waller commented that the Fed should not rush to take interest rates down until it is ensured that inflation will return to the 2% target in a sustainable manner. Waller added that the Fed should proceed with rate cuts "methodically and carefully" to bail out the economy from an expected slowdown. He further added that resilience in the US economy could delay potential reductions in borrowing costs. Fed policymakers have become more determined to maintain a restrictive interest rate stance as the December inflation data turned out surprisingly stubborn. • After Waller's commentary, Investment banking firm Goldman Sachs said the Fed could cut rates somewhat later or might announce one cut each quarter from April. Meanwhile, bets supporting a rate cut by the Fed in March have dropped further. As per the CME Fedwatch tool, trades see a 61.4% chance for a 25-basis points (bps) interest rate cut in March, down from 70% at the start of the week. • The increase in the US Dollar Index (DXY) also weighed on the gold price. The USD Index has slightly corrected after posting a fresh monthly high above 103.50. •Further action in the US Dollar will be guided by the United States Retail Sales and Industrial Production data for December. • Investors have projected that Retail Sales increased by 0.4%, higher than the 0.3% rise in November. Industrial Production is seen stagnant after rising 0.2% in November. Apart from the US economic data, Fed's Beige Book and fresh outlook on interest rates from Fed speakers will be keenly watched. On Wednesday, Fed's Michael Barr, Michelle Bowman, and John Williams are due to speak. Fed policymakers are expected to endorse a restrictive monetary policy stance for a longer period than what is anticipated by market participants.
OANDA:XAUUSDShort
by sniper_2022
Gold falls back to support, buy bullishIn terms of the one-hour trend, the price of gold is currently back on support. In addition, the current trend of gold is still in a bullish trend. After the adjustment is in place within the day, it is expected to continue towards the high of 2063. From a technical point of view, yesterday's daily closing line was in a state of being wrapped up by the previous day, and the gold price showed a weak trend. In the short term, there is a need for another correction in the short-term gold price! But the fall does not mean a reversal. After the shock, it will still exert force again and head towards the high point of 2063! Looking at the one-hour trend, the upward trend has also slowed down under the pressure of 2063 above, and the recent highs have shown a decreasing trend. It is obvious that based on the current form, if the support is stepped back, it can be bought. Trading Strategy: Gold 2036, Target 2063 Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
Market analysis on Monday,focus on the 2050 support positionOn Monday, international gold opened with narrow range fluctuations, and market transactions were light. The impact of factors at the end of last week has weakened. In addition, there is no focus on data during the day, and the trend will be guided by technical signals. Maintain the current trend after breaking through the short-term moving average and mid-track resistance. Run in a strong state. The international gold daily line closed on Friday, Dayang pulled up and closed above the middle track, while the daily indicator macd was dead cross shrinking and glued, and the smart indicator sto hook repaired upward; it means that the daily line shock is strong, and the price has The possibility of continuing to rise. At present, the top focus is on last Friday's high of 2062, followed by the upper track and parabolic turning point to suppress the 2076-2086 line. If it cannot rise to near 2085 today, tomorrow's high will move down to the 2079-2080 line. Personal suggestion: go long on the pullback; BUY2050-2052 Market Comments: RSI technical indicator is bullish
OANDA:XAUUSD
by Short-termTaurus
XAUUSD: 15/1 Today’s Market AnalysisGold technical chart daily pressure 2069 below support 2053-2040 Four-hour pressure 2069 and support below 2042 One hour pressure 2063 and support below 2044 Operational suggestions: From the daily analysis, at the top we focus on whether the 2053 mark can close firmly in the near future, and at the bottom we focus on the first-line support at the 2040 mark. The short-term gold price has entered an upward trend, but there has been no further confirmation. Recent operation ideas Wait for the direction to come out at the 2053 mark. Don’t be overly bullish and don’t follow the risk aversion until 2053 has stabilized (today’s close). Markets are slow on Monday and there are no recommendations. The U.S.-New York Stock Exchange is closed for one day due to Martin Luther King Memorial Day, and the U.S.-Chicago Mercantile Exchange (CME) is closed early.
OANDA:XAUUSD
by ActuaryJ
XAUUSD:11/1 Today Analysis and Trading StrategyGold technical chart daily pressure 2040-2053, lower support 2000 Four-hour pressure 2040, lower support 2020-2016 One-hour pressure is 2031, support below is 2016 Operational suggestions: From the daily analysis, we continue to focus on the recent 2040 first-line short-term suppression at the top, and the 2015-20 first-line support at the bottom. The short-cycle gold price has entered a weak and volatile consolidation trend. Before the market is stimulated by big news, Continue to maintain the suppressed bearish pattern unchanged SELL:near 2053 SELL:near 2040 SELL:near 2032 BUY:near 2055
OANDA:XAUUSD
by ActuaryJ
1
XAUUSD:12/1 Today Analysis and StrategyGold technical chart daily pressure 2040-2053, lower support 2000 Four-hour pressure 2040, lower support 2020-2016 One-hour pressure is 2040, support below is 2031-2000 Operational suggestions: From the daily analysis, we continue to focus on the recent 2040 first-line short-term suppression at the top, and the support at 2020-2000 at the bottom. The short-cycle gold price has entered a weak and volatile consolidation trend. Before the market is stimulated by big news, continue to Keep the suppressed bearish pattern unchanged SELL:near 2053 SELL:near 2040 BUY:near 2020 BUY:near 2000
OANDA:XAUUSD
by ActuaryJ
Thursday: Gold continues bearish trendGold continues to fluctuate and adjust within a wide range. Technically, the gold price still maintained the 2016/46-week range operation, with repeated adjustments. The MA10/7 daily moving average moves downward and opens downward, and the RSI indicator still maintains the central axis adjustment. The price in the short-period four-hour chart is running in the middle and lower tracks of the Bollinger Bands, forming a weak shock to suppress the bearish movement of the 2040 central axis. For intraday trading today, we continue to follow the shock idea and participate in high altitude, low and long. In a volatile market in a downward trend, a big slump can come at any time, so shorting on rallies is the best option. Big shorts have been basically confirmed, but the short-term decline is more difficult. Currently, longs and shorts are facing key support, and differences have intensified, making the game relatively fierce. The shock is only short-term, but the general direction of shorts will not change, and after the shock, there will definitely be a wave of decline. The overall operation idea during the day is mainly high-altitude, and the planned short-selling point above is at the 2040 line! Gold is now in a short trend. The 4-hour mid-track has been able to suppress the rise of gold prices many times. Every rise can be blocked, and our short orders can also be harvested. The trend has not changed and following the trend is still my strategy. Empty near 2040 pressure.
OANDA:XAUUSDShort
by Short-termTaurus
Wednesday: Gold focuses on the 2020~2040 rangeGold is still dominated by short sellers, with the daily chart closing in the positive zone, the MA10/7 daily moving average suppressing the MA2038/47 opening downward, and the central axis of the RSI indicator adjusted. The short-period hourly chart and the four-hour moving average are glued together, and the price is running in the middle and lower rails of the Bollinger Bands. Technically, gold continues to adjust and fluctuate and runs bearish. However, market data gradually emerges in the second half of the week and needs to be focused on. We will continue to pay attention to the 2040/2020 range adjustment during today's trading day. Trading ideas still look at shocks and short-term participation! To be honest, the shock yesterday was really severe. If you are not calm, you may run away early and miss the drop of more than ten dollars. Only persistence is victory. No matter how the gold price fluctuated, it failed to rise above the suppression of the 4-hour 20 moving average. Today, we continue to short gold relying on moving average suppression. Trading straregy: Short-term gold 2017-2019 long Short-term gold 2038-2040 short
OANDA:XAUUSD
by Short-termTaurus
Gold Trading Plan - 12/Jan/2024Hello Traders, Hope you all are doing good!! I expect Gold to go Up from here. Any correction is an opportunity to enter. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
OANDA:XAUUSDLong
by For3xScalper
2
XAUUSD: 10/1 Today’s Market Analysis and StrategyGold technical chart daily pressure 2040-2053, lower support 2000 The four-hour pressure is 2040, and the lower support is 2016 One-hour pressure is 2040, support below is 2016 ✅Operational suggestions: Gold has now physically broken through the 2040 mark. Today’s rebound near 2040 will be the main target for shorting, first look at the 2020 mark. If the strength is strong, continue to look at the 2000-1966 mark. The first small resistance above is currently the 2031 mark, followed by the 2040 mark. It is the entry price of short order SELL:near 2053 SELL:near 2040 SELL:near 2032 You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
Gold rebounds again continues to sellThe slow rise in gold prices during the day has basically been in place. The current one-hour trend is beginning to show an inflection point signal under the suppression of the upper pressure level, and the hourly line shows a negative and positive trend! At this time, we will maintain the original plan and start selling sales here. Judging from the one-hour chart, the gold price is still in a volatile range. The previous rebounds at high altitudes for many times were all exited by taking profits as expected! Trading is heart-to-heart communication. The market is not a market, but a concentrated reflection of human nature. It has attributes and rules! We cannot change the trend of the market, nor can we influence the market. If we want to double the price, the only feasible way is to eat the meat first and let others gnaw the bones! To do this, you not only need solid basic skills, but also a professional sense of fundamentals, and more importantly, a firm belief in yourself! Trading strategy: short gold 2035, target 2020
OANDA:XAUUSDShort
by Golden-Strategy-Master
GOLD:Trading analysis before the US market Today will usher in the most important data of the week, the US inflation indicator CPI in December, which is the consumer price index. Judging from market expectations, the 3.2 data is slightly higher than the previous value of 3.1, which means that the market generally believes that US inflation has already After a continuous downward trend, it has begun to rebound. If this trend is confirmed, it will have a major impact on the Federal Reserve's interest rate cut. New York Fed President Williams made his latest speech: He believes that interest rates are restrictive enough to achieve the 2% price target. When it is confident that inflation will reach 2%, the Fed can cut interest rates, with the pace of reduction depending on economic conditions. It is not close to the time to slow down the balance sheet reduction, and we need to plan to finally gradually slow down the balance sheet reduction in 2024. You must know that the Fed's monetary policy adjustments usually cut interest rates after ending the balance sheet reduction, but Williams said that it will only slow down the balance sheet reduction in 2024, which is also a very hawkish signal. The key today is the CPI data. Before the data, I think it will continue to fluctuate in a range. Yesterday, gold did not break through 2042 and reached a maximum of 2040. This indicates that there is strong resistance from 2040 to 2042. Xauusd:sell2039-2041 TP:2034-2030 SL:2043 Xauusd:buy2022-2025 TP:2032-2038 You can try the above signals before the US market to ensure the safety of your funds Join me as I continue to analyze my thoughts
TVC:GOLD
by UnknownUnicorn64321080
GOLD's Movement explainedSo what is up guys, I haven't had the opportunity to sit down and produce an analysis on gold over the last few days as I have been extremely busy working with students or other businesses that I run, I will admit my attention has been pulled away from the charts in the last few days but I am back and I am here for the day (I hope lol) So looking at the monthly timeframe I can say that it still definitely is extremely bullish - there isn't anything that can convince me otherwise - See image below of the monthly timeframe As I would mention in the image below I can't yet trust the monthly candle as it has about 20 days before it closes - meaning ANYTHING can happen between now and the next 20 days I am skipping the weekly timeframe in this analysis as I don't think there is any information that I need from that timeframe that I cannot get on the daily - Looking at the daily timeframe we can see that it has had quite a few bearish days and moves in the last week Now looking at the last 3 days or so, we can see that there are some wicks being thrown to the top side and I don't know about you but that doesn't give me confidence in looking for buys - why if I am looking for buys would I want to see data that suggests sells? But it is interesting and I will tell you why - Why would the dealer be inducing sellers in a bull market? Let me tell you why I think this is the case Who is the real target in a bull market? Buyers or sellers? Before you try to answer I want you to think who has more to gain. When you think about who has more to gain, you have to ask - does the dealer want this party to win? does he want this party to gain? Of course not. So in that light it is simple and easy to say that buyers would be the target right? Sellers would be taken out once the market resumes buying But before it can resume buying the dealer needs to get rid of traders who bought - remember he doesn't want traders who are buying to gain anything. So the next question is simple - Where are the buyers buying? Lets look at the chart again and see if anything makes sense When we look at the 4 hour time frame I am just trying to identify areas in which I feel the average retail trader may have felt safe to place a buy and I arrive at these zones circled in green, but why? These are low points that would have also made higher lows - which I am aware traders love using that B.S - Higher high and higher low to dictate whether or not they should buy. If you realize I am using what I know other traders do in my analysis but I am not using that myself to place a trade - I said this before, I like Context, I want to understand what other people may be seeing so I can build out the picture as close to what it really is, you cannot do that when you look at the market one dimensionally. But wait there is more Is it at all possible that this bull trend is also now an additional induction to get traders to buy? I think so yes, it makes sense for the dealer to induce buyers to make them feel safe and add more buys Buyers would feel more inclined to open bigger positions because the gold market is bullish overall so buys make sense. Interestingly enough buys are the right play I think but it isn't WHAT it is HOW. This is why I think the seller induction of the higher timeframe right now make sense - get sellers to step in and push price lower and stop out the buyers induced to buy in these areas (green) On the m15 timeframe I believe that sellers would have already been destroyed so the dealer is free to use that seller liquidity to push price lower as seen in the image below (turquoise) Look at the previous tap on the trendline or the most recent low, I wouldn't be surprised if price stops there and bounces back up temporarily to further induce buyers before dropping lower to take out all buyers completely I have an alert set at the low Let me know what you think about this thought process Don't boost if you didn't take the time to read and try to understand this entire analysis OR Boost if you did take the time to read and try to understand this entire analysis I think trying to take a trade before I know what price is likely to do next is irresponsible of me. So I will be waiting Have a great day folks
OANDA:XAUUSDShort
by Brandon_evo4
3