Get started

Goldtrend

GDP, the highlight for gold price growth or not ?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is experiencing modest gains but remains stuck within a narrow range during Tuesday's mid-North American session. This is supported by the decrease in US Treasury bond yields, which in turn weakens the US Dollar Index (DXY) by 0.05%. Currently, XAU/USD is trading at $2,034.88, showing a gain of 0.18%. Gold is hovering around the 50-day Simple Moving Average (SMA) at $2,033.48 as investors prepare for the release of the latest Personal Consumption Expenditures (PCE) report. This report serves as the Federal Reserve's (Fed) measure of inflation. Along with the most recent Gross Domestic Product (GDP) data, these factors could potentially trigger a breakout in the price of gold from its current trading range of $2,020 to $2,050. ⭐️ Personal comments NOVA: Gold price is still in an Uptrend, today's GDP news could help Gold reach $2050 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 maybe scalping $2025-$2027 TP1: $2030 TP2: $2038 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 maybe scalping $2042-$2044 TP1: $2040 TP2: $2035 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
2
GOLD-Waiting for direction selection As March approaches, there have been major changes in the bond market recently. Bond traders no longer expect the Federal Reserve to cut interest rates by more than 75 basis points this year, which may be consistent with the results suggested by the Federal Reserve's December dot plot. Focus on the PCE data this Thursday, which will have an impact on the interest rate decision in late March. The current market sentiment is extremely unstable. Gold did not fluctuate much on Monday and Tuesday, and it is expected that there will not be big fluctuations today. If gold cannot break through 2041, it will not be able to open up room for growth. The lower support range is around 2025, and the current small range is 2025-2041. My suggestion today is still to buy in the support range and sell in the resistance range, but try not to exceed 10% of your position. Join me as I share my strategies and ideas every day to help you trade
FX:XAUUSD
by UnknownUnicorn66789012
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 (XAU/USD) continues with its struggle to gain any meaningful traction on Wednesday and remains confined in a multi-day-old trading range at around $2,030. Thursday's PCE inflation data from the US could trigger the next big reaction in the pair. Gold now buy 2030 Target 2035 Target 2040 Target 2050 SL 2020
OANDA:XAUUSDShort
by JohnHarry_7
Gold continues to adjust slightly, today's trading trendWorld gold prices stabilized with spot gold down 0.7 USD to 2,029.5 USD/ounce. Gold futures last traded at 2,039 USD/ounce, down 0.5 USD compared to yesterday morning. World gold continues to test resistance below 2,050 USD/ounce and is having difficulty attracting new upward price momentum even when published data is not as expected. In particular, the expectations index decreased to 79.8 from 81.5. “An expectation index below 80 typically signals an impending recession,” the report said. Currently, the market is waiting for the personal consumption expenditure index (PCE) report to be announced tomorrow (February 29). This inflation report is expected to give the market more clues about the timing of the first interest rate cut by the US Federal Reserve (Fed). Some experts predict core PCE (which strips out volatile food and energy costs) will rise more sharply than expected. If so, this will certainly be a "hot" topic that will be discussed at the next monetary policy meeting in March. Last week, many Fed officials made it clear that the Fed does not intend to cut interest rates too soon and this view may be reinforced if the February 29 PCE report has hotter results than expected.
OANDA:XAUUSDLong
by FalCol_TradingMaster
XAUUSD BEARISH PROBABILITY hello guys , i think xauusd is bearish the market structure on high time frames is brearish todays candle closed as an inverted hammer tommorow will probably be a red candle add to that the price formed a double top pattern the break out of the trendline + key level will cause a price to make a lower low lower then 1980 . DXY has a massive inverted head and shoulder so a positive addition to our technical analysis . keep in mind a bullish probability is possible too a break out of the trendline will cause a run towards 2050. but i am bearish !
EIGHTCAP:XAUUSDShort
by xAB777
2
Gold price continues to be in an increasing trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold has pulled back after reaching the 50-day Simple Moving Average (SMA) at $2,033.67 during the European session. It is currently down by 0.40% due to a decline in the value of the US Dollar (USD). The drop in gold prices can also be attributed to an increase in the US 10-year Treasury yield and traders reducing their expectations of a dovish stance from the US Federal Reserve (Fed). Currently, the XAU/USD pair is trading at $2,026.93, having reached a high of $2,037.07. Although sentiment remains mixed, there is a slight negative bias that favors the US Dollar. Speculators on interest rates have priced out the possibility of a rate cut by the Fed in March and May. However, there is a 50% chance of a quarter of a percentage point rate cut in June. The US 10-year Treasury note has increased by four-and-a-half basis points to 4.295%, but it is still below the year-to-date (YTD) high of 4.354%. This increase in Treasury yields has put pressure on gold prices as investors align themselves with the Fed officials' expectation of three rate cuts by the end of 2024. ⭐️ Personal comments NOVA: Gold price continues in an Uptrend according to the H1 Frame, waiting for the Resistance areas that Gold reaches in this Rising wave. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2020 - $2022 SL $2015 TP1: $2030 TP2: $2040 TP3: $2050 🔥SELL GOLD zone: $2048 - $2050 SL $2055 TP1: $2044 TP2: $2038 TP3: $2030 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
6
Gold Now Hello dear friends, Yesterday, the gold market experienced a rather calm trading day with no significant fluctuations. The price of gold remains stable around $2033 and maintains support above $2025. Looking at the short and medium-term trends, there is a positive outlook for gold continuing its upward trajectory. Based on recent charts, there are two main targets for investors interested in buying gold, which are $2037 and $2041. Alongside the analysis of gold price movements, the market is also awaiting the release of the Personal Consumption Expenditures (PCE) report from the United States. This inflation data is expected to provide further insight into the future direction of interest rates from the Federal Reserve, with an anticipated increase of 0.4% per month forecasted for Thursday. Fluctuations in the PCE could impact the price of gold, especially if the actual data exceeds expectations, potentially triggering a downward price adjustment for this precious metal. However, it seems that the market still believes that gold will maintain its position above $2000/ounce, retaining its attractiveness to investors. With expectations and continued monitoring of market developments and influencing factors, investors and those interested in gold will continue to observe and respond appropriately to the latest information and market trends, in order to make informed investment decisions.
OANDA:XAUUSD
by Rachel_FX
Gold breaks resistance, awaits pullback to 2031 to buyLooking at the one-hour market, gold prices are currently running above the moving average support of 2025, while the retracement is hovering around the 2031 line. The short-term retracement trend remains unchanged! As far as the technical form is concerned, I personally think that the adjustments have been made, and now is an excellent time for a long-term layout! Intraday operation 2031 buy! From a technical point of view, the gold price has already broken through the previous key pressure level of 2031, and short-term bulls have entered a new range. However, the top is facing the pressure of the four-hour downward trend line at 2050. The short-term bull target will first look at 2045, and when the gold price reaches and Decide on a new direction and make further plans! Good luck to everyone
OANDA:XAUUSDLong
by Golden-Strategy-Master
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. Gold now buy 2036 Target 2040 Target 2060 SL 2024
OANDA:XAUUSDShort
by JohnHarry_7
GOLD-Today's analysis From the 4H chart, we can see that gold has strong support from yesterday’s moving average. As long as it breaks through 2040, there will be some room for growth. The upper resistance range is 2045-2049, 2055-2058 In an obvious upward trend, we cannot sell blindly and wait for a suitable range to sell. Or wait for an obvious support range to buy You can make a reasonable choice to buy or sell based on the support and resistance ranges on the chart. Join me and every day I will share my strategies so you can learn how to trade
FX:XAUUSD
by UnknownUnicorn66789012
Gold End Of Week RallyWelcome to another trading week in the gold market. For this week I expect gold to trade lower and then really towards the end of the week. Reaching for the $2,066 figure and hopefully slightly higher. This is the first official Weekly projection post for the institute. Thank you for engaging with my content. Check description below for access to the institute. I will be posting daily projections throughout the week, stay tuned. Like, follow and comment what you think we will see from Gold this week. OANDA:XAUUSD
OANDA:XAUUSD
by Mora_Institute
3
GOLD tricking SELLERS and then DROPPINGOANDA:XAUUSD Opening bell 6pm NY time marks a new trading day for us in the Gold market. Yesterday we witnessed price being being delivered to the downside and forming an inside bar. Itching closer towards our weekly target for the "low of the week". For today's projection I expect price to trick sellers by running up into the outlined target adn then dumping below friday's low and in the POI for our low of week target. More updates to come as the day unfolds. Thank you for following and happy trading. As always check below for access to the institute!
OANDA:XAUUSD
by Mora_Institute
2
GOLD - at his single important resistance? whats next?#GOLD.. so guys market very well smoothly hold your upside resistance area as we discussed in our last idea about 2042 now again we have one n only resistance area same 2042, it will play key role in current week guys. keep close it and manage your positions accordingly, if market hold your upside resistance area then downside we have upto 2021, dont be lazy here and dont hold your buying positions before breakage of 2042. good luck trade wisely
FX:XAUUSD
by AdilHussain731333
GOLD: Thoughts and AnalysisToday's focus: GOLD Pattern – Channel Test Support – 2023 - 2020 Resistance – 2035.80 - 2055.60 Hi, traders; thanks for tuning in for today's update. Today, we are looking at Gold on the daily chart. Gold saw a solid session to end last week but failed to break its price channel. Will we see the channel hold price and possibly send it back to the bottom on the pattern? Or could we see the current short-term bull run contnue to push higher with a break out of the the channel? The USD could play a role in this picture. Currently, it is fought back from a piercing low, but is that a true sign of demand or just a short-term bleep before sellers start a new push? Good trading.
EIGHTCAP:XAUUSDLong
by Eightcap
Trading strategy for the new week testing the bottom and reboundWorld gold prices tend to increase with spot gold increasing by 1.3 USD to 2,036.6 USD/ounce. Last week, the world gold market was less volatile with prices fluctuating in a narrow range between 2,020 USD and 2,030 USD/ounce. Kitco News' latest weekly gold survey results show that Wall Street experts are optimistic about gold in the short term. Kitco senior analyst Jim Wyckoff also believes that gold prices this week are still stuck in the recent range. According to him, gold will move sideways and in the near term, there will be no fundamental catalyst to inspire speculators to be more active. As the Fed's main inflation measure, the PCE index released on Thursday will be the most important information expected by the market this week. Along with that, markets will also monitor home sales, consumer confidence reports, US fourth quarter GDP reports, and pending home sales.ư
OANDA:XAUUSDLong
by FalCol_TradingMaster
Bullish Gold Price After $2030 BREAK✍️ NOVA hello everyone, Let's comment on gold price next week from 26/2 - 1/3/2024 🔥 World situation: The price of gold has once again started to rise this week and is expected to end the week positively. This increase in price is due to the decrease in US Treasury bond yields and the lack of significant news updates. Federal Reserve officials, including New York Fed President John Williams, have made similar remarks, further supporting the upward trend. Currently, the XAU/USD is trading at $2,038, showing a 0.70% increase. Despite the financial markets favoring riskier assets, gold continues to be supported by the decline in US Treasury yields. The 10-year benchmark note has experienced a decrease of three and a half basis points, reaching 4.248%. Despite recent slightly hawkish comments from Fed officials, investors have responded positively by reducing bets on interest rate cuts and anticipating a decrease of 93 basis points by the end of the year. 🔥 Identify: Gold prices unexpectedly increased last week, breaking through the $2030 range and continuing to trade above this range. Expect the uptrend to continue to touch $2050 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2050 Support : $2030, $2016, $2000 🔥 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
OANDA:XAUUSDLong
by Nova-Scalper
3
Gold trading signals and analysis for next Monday Gold rose to the 2037-2041 area on Friday as I judged. My analysis successfully helped traders who saw the analysis win gold trades on Friday Gold fell to near 2016 on Friday, then began to rebound, and finally rose to 2041, closing at 2035 in the evening. The whole trend fits my judgment perfectly. Next Monday I think gold will test the 2028-2032 area and then continue to rise. Test the 2048 high again. If it breaks, the possible trend is 2055/2063. I would first recommend everyone to buy. Trading straregy: BUY:2028-2032 tp2038-2042-2047 sl 2022 SELL:2044-2048 tp2036-2032-2028 sl 2051.5 If you follow my analysis for a long time, you will find that my analysis has always been very accurate. If you like my analysis, please join. I will update my thoughts in real time.
FX:XAUUSDLong
by George_Martin