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Goldtrend

Gold price trend analysis and plan on the 13th There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the impact of news. The current support of the trend is also located near here. I personally think that 2330-2335 is a suitable buying range. Pay attention to controlling risks during operation.
TVC:GOLDLong
by AA_Jack
Gold price adjusted - slightly decreased⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and the upcoming FOMC Minutes. Hawkish stance from Fed officials may lift the Greenback and lower USD-denominated Gold. ⭐️ Personal comments NOVA: Gold price in the short-term adjustment price line - creating liquidity for the market. Pay attention to the short support zones $2400, $2390 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2392 - $2390 SL $2385 TP1: $2400 TP2: $2410 TP3: $2420 🔥SELL GOLD zone: $2454 - $2456 SL $2461 TP1: $2448 TP2: $2440 TP3: $2430 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
3
GOLD continue to maintain growth in the short term#GOLD: Gold rate the day before today went as predicted while it examined the 2410 region after which extended again. Observing at the H4 body after you may see a bullish candlestick sample after the doj candle round 2416. The situation suggests that GOLD is predicted to preserve to growth withinside the brief time period so that you can recall shopping for up. with GOLD consultation today. Target is again as much as 2430-2440
TVC:GOLDLong
by TheLeader_WOLF
1
Gold has not cooled down yet, enter to buy todayAfter reaching 2,450 USD/ounce in the previous trading session, today's gold price on the international market has cooled down but not significantly. At 6 a.m. on May 22, the world gold price was trading at 2,422 USD/ounce, down 6 USD compared to the price at the same time the previous day which was 2,428 USD/ounce. Analysts say international gold prices cool down as investors sell to take profits. On the other hand, some officials of the US Federal Reserve (FED) continue to announce that interest rates will remain high for a long time. Since then, the USD has increased in value compared to many other foreign currencies. Gold price today is in a disadvantageous position. Another development is that US stocks increased quite strongly. This has prompted many people to take interest in the stock. Accordingly, money flowing into precious metals is dominated. Today's world gold price inevitably cools down.
TVC:GOLDLong
by FalCol_TradingMaster
Trading strategy today, still in the bullish channelWorld gold prices decreased with spot gold down 5.2 USD to 2,420.7 USD/ounce. Gold futures last traded at 2,425.2 USD/ounce, down 4.9 USD compared to yesterday morning. On May 21 (US time), gold was under profit-taking pressure after this precious metal hit an all-time high earlier this week. However, this precious metal still remains firmly above the level of 2,400 USD/ounce. Recently, a number of US Federal Reserve (Fed) officials have repeatedly expressed the opinion that they will not rush to start the easing cycle that many people expect. However, gold is receiving the information very positively and does not react much to this view that is considered less moderate. In opening remarks at an online event hosted by the Peterson Institute, Fed Governor Christopher Wall said that the US Central Bank's restrictive monetary policy is cooling the economy and inflation, but still there is still much work to be done. He emphasized that all data must be considered before deciding whether to loosen monetary policy or not. Atlanta Fed President Raphael Bostic also made a similar point of view and emphasized the need to wait to make sure inflation returns to the 2% target mark before pivoting policy.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Today's trading trend, wait for a decrease to buyWorld gold prices increased with spot gold increasing by 9.2 USD to 2,425.9 USD/ounce. Gold futures last traded at 2,430.3 USD/ounce, up 12.9 USD compared to yesterday morning. Although the price of the yellow metal inched up slightly compared to yesterday morning, it has dropped sharply compared to the increase during the day. Previously, gold had conquered a new all-time high when inflation in the US showed signs of slowing down, increasing expectations that the US Federal Reserve (Fed) would soon make its first interest rate cut. Spot gold has soared to 2,449.8 USD/ounce. According to Capital.com financial market analyst Kyle Rodda, the main driving force for gold's strong surge at the beginning of the week was the weakening of the USD and expectations that the Fed will soon loosen monetary policy today. the more increased. Last week's data showed that inflation is showing signs of cooling down and traders now forecast about a 65% chance that the US will cut interest rates in September. RJO Futures senior market strategist Daniel Pavilonis said that, in addition to "persistent" inflation, the US public debt burden is also a factor driving gold's recovery. Pavilonis expects gold to increase to nearly 2,500 USD/ounce in the short term.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Gold rebounds strongly, should we chase long gold?Today we went long gold near the 2412 position and successfully hit TP: 2423. It was still a good trading profit. At present, gold has rebounded strongly to above 2430. The bulls have regained control of the situation. How much more can gold rise? Do we still want to continue chasing gold? There may be many people who have this question, and many people have even chased long gold. In fact, relatively speaking, I think gold bulls have reached a certain stage now, and the probability of another violent rise should be low; and gold has formed long upper shadow lines many times during the rebound, so there is still a certain degree of resistance above.and the energy of the bulls has stagnated near 2430, so the short-term resistance faced by gold in the 2430-2435 area is still valid, and even if gold breaks through this area, I believe that with the current strength of the bulls, it will be difficult to break through the 2440 position. So in terms of trading, I do not recommend chasing gold above 2430. On the contrary, we can consider shorting gold. Once gold falls below the 2405-2400 area, the space below will open further. Therefore, in the next transaction, we will mainly focus on shorting gold at high levels, focusing on the 2430-2435 area at the top; focusing on the gains and losses at the 2400 position below. Trading requires courage and even more decisiveness. Execution is the only criterion for profitability.I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
XAUUSD:21/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2450-2500, support below is 2411-2371 Four-hour resistance 2435-2450, support below 2411 Gold operation suggestions: Judging from the current market trend, the lower support continues to focus on yesterday's NY time low near 2411, and the upper pressure focuses on the short-term near 2435, focusing on the suppression of 2435. Relying on this range to maintain a wide range of shock operation, the short-term bulls' strong dividing line still focuses on the 2400 integer mark , before the daily level falls below this position, it still maintains the long advantage and continues to sell high and buy low. BUY:2435 near SL:2430 BUY:2411 near SL:2406 BUY:2400 near SL:2397 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
1
GOLD-Tuesday Analysis There was no US economic data released on Monday and Tuesday, but the tension in the geopolitical situation had a great impact on the financial market. Iran confirmed that its president had been killed, which undoubtedly added many uncertainties to the unstable Middle East. Although the helicopter crash has not yet been resolved, if it is confirmed, the Middle East will continue to be on the brink of war. Geopolitics is also the biggest support for this round of gold price rise. According to the trend of gold falling from highs, 2450 points may be the top, but it still needs to be confirmed. If it fluctuates at a high level on Tuesday and the daily closing is a red candle, then 2450 may be the top of this week. On Wednesday and Thursday, there is room for a big drop. Therefore, for the time being, Tuesday's market is regarded as a range fluctuation, and you can sell high and buy low within the support and resistance points. From a technical point of view, the unilateral moving average support of the daily cycle is 2405 and 2375, and the Bollinger middle rail support of the H4 cycle is 2405. In other words, as long as it falls below 2400 points in the near future, it can be basically determined that gold has peaked at 2450 this week, and the probability of a decline in the later period will increase. The above strategies are for your reference, but the market changes quickly, and you need to change your strategies in real time according to the trend, so that your success rate will increase. What if you don't know how to trade? Join me as I analyze and provide ideas every day
FX:XAUUSD
by UnknownUnicorn71050047
GOLD to continue in the upward move?XAUUSD - 24h expiry Buying continued from the 78.6% pullback level of 2398.5. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Preferred trade is to buy on dips. Price action resulted in a new all-time high at 2450. 20 4hour EMA is at 2406.5. Our profit targets will be 2446.1 and 2456.1 We look to Buy at 2401.1 (stop at 2383.1) Resistance: 2430.0 / 2450.1 / 2473.2 Support: 2406.1 / 2390.0 / 2370.0 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:XAUUSDLong
by OANDA
Don’t panic because of the adjustment, gold is bullish near 2405 This time, unlike four years ago, the surge in gold in 2020 is due, on the one hand, to the sudden epidemic, which has led to market uncertainty about the future, and, on the other, the massive monetary easing by the Federal Reserve. Today, the Federal Reserve has already tightened policy and has been clamoring to raise interest rates. Fed Governor Bowman has repeatedly reminded the market not to be too optimistic. A drop in inflation does not guarantee that interest rates will not be raised in the future. Federal Reserve voting committee member Mester also said yesterday that she believed three interest rate cuts this year were too many. Based on the current economic development, too many interest rate cuts are not suitable. The US economy is slowing down. This is already an event. Politicians will not come out and say that their economy is going to collapse. They are optimistic that there will be a soft landing and inflation will continue to be high and interest rates will be reduced to 2%. The market situation does not mean that the higher the frequency, the better, nor does it mean that a small amount adds up to a large sum. It is about clarifying the main trend, then turning the short-term into a long-term, and continuing to make profits. It is unrealistic to try to counter the trend. Because it does not mean that a rise will necessarily lead to a fall, and a big rise does not necessarily mean a big fall. This is not a positive or negative relationship. Just like many people’s understanding of the Fed’s interest rate hikes and cuts is very one-sided. The end of interest rate hikes does not mean that It is necessary to raise interest rates. It is absolutely possible to maintain high interest rates without increasing or decreasing them. I have repeatedly emphasized that once you miss the gold rally, you may not be able to encounter such an opportunity even if you wait for ten years. But even if you participate, you do not have a deep understanding of the trend and cannot make profits, and you will always be pessimistic. I think it’s because the market is not good, I’m not lucky, and I’m not good enough. In fact, none of the above has anything to do with it. Wealth is determined by the track, and investment is determined by trends. Just like if you invest in stocks in the United States in the past 20 years, the trend will take participants across classes. Don’t be afraid of heights. There will be adjustments after rising. This is a normal market behavior. Yesterday, the price of gold adjusted downward from 2,450 US dollars. It was just a short break. It will not have an impact on the rise. Instead, it is an opportunity to get on the train. After the gold price hit $2,450 yesterday, it continued to fall back. The current support is at $2,407, which will be adjusted. However, the structure is still mainly low and long. We are not considering shorting gold at the moment. Therefore, we should pay attention to this kind of sharp rise in the market, especially after the data weakens, we should not go low again. Today, gold is long near 2405, and the loss is at 2390, avoiding the previous top-bottom transition position of 2396. The span of the target area above is enlarged a bit, at 2430-2440, and the stop loss will be adjusted by moving up at that time.
FXOPEN:XAUUSDLong
by cdfxcdfx
1
XAUUSD: 20/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2450-2500, support below is 2413-2371 Four-hour resistance is 2450, support below is 2413 Gold operation suggestions: The strong dividing line for short-term bulls has moved to the 2400 integer mark, and the daily level has stabilized above this position and continues to maintain the trend of low and long bullish rhythm. Judging from the daily gold trend, the lower support for gold is focused on 2413-2400-2370, and the upper focus is on 2445-2450 for suppression. The bull situation is still strong, and market risk aversion continues to heat up, so we can do long at low levels in operation, and the risk of trading with the trend is low. . BUY:2415 near SL:2411 BUY:2400 near SL:2397 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
Still in the bullish trend channel, entry buyWorld gold prices skyrocketed as the level of inflation, and its series of impacts on US monetary policy, boosted demand for holding the precious metal. On the other hand, gold prices are also supported by increased reserves at the Central Bank of China. However, analysts at Kitco Metals believe that today's increase in gold prices mainly stems from risk concerns when the President of Iran died in a plane crash. Meanwhile, a Chinese oil tanker was attacked by Houthi missiles in the Red Sea, increasing geopolitical tensions, increasing the need to hold gold to preserve capital.
TVC:GOLDLong
by FalCol_TradingMaster
Gold prices simultaneously increased sharply💎XAUUSD Analysis💎 🔸Yesterday`s gold charge passed the antique top of 2430 and right away after that withinside the afternoon consultation, there has been a correction. However, withinside the nighttime consultation, the marketplace reacted and the gold charge multiplied again, presently positioned withinside the top place across the 2430 threshold. Observing at the H1 frame, it is able to be visible that withinside the brief term, the gold charge suggests symptoms and symptoms of peaking. New round this charge range. Therefore, in present day consultation, gold charge may also modify barely to retest the 2410 place. In this charge place, gold charge may hold a positive upward pressure. Therefore, it's miles probably that there could be a recuperation response from this assist place. You can bear in mind promoting gold in present day consultation and ready to shop for round 2410. ⚜️BUY LIMIT XAUUSD ⚜️ 👉ENTRY 2410 🔺SL 2400 ❇️TP1 2417 ❇️TP2 2423 ❇️TP3 2430 SELL LIMIT 2450-2455 TP 2430-2425
TVC:GOLDLong
by TheLeader_WOLF
Gold increased on the first day of the week,selling to entry buyWorld gold prices tend to increase with spot gold increasing by 2.3 USD compared to last week's closing level to 2,416.7 USD/ounce. Last week, world gold prices fluctuated strongly as the market continuously received important economic data along with statements from US Federal Reserve (Fed) officials. This precious metal started the trading week at 2,361.17 USD/ounce and increased steadily beyond the 2,400 USD/ounce mark when Fed Chairman Jerome Powell's statement and economic data confirmed that interest rates will no further increase and the Fed may soon loosen policy this year. Kitco News' latest weekly gold survey results show the majority of experts believe gold prices could reach or surpass all-time highs, while retail traders are cautious. this precious metal. After an exciting week, the market is expected to be quiet this week with little important economic data released. The information that is believed to be able to affect the direction of gold is the minutes of the Fed's monetary policy meeting ending on May 1. However, most experts believe that the content of the minutes will not exceed investors' expectations, so the gold market will have little reaction unless there is unexpected information. In addition, the market also awaits statements from Fed officials. Six officials are expected to speak early this week.
OANDA:XAUUSDShort
by FalCol_TradingMaster
Golden Opportunity: Fed Rate-Cut Bets Drive Gold Near Record HigGold prices are hovering near all-time highs, fueled by a growing belief among investors that the Federal Reserve will cut interest rates later this year. This optimism comes despite mixed economic signals from the US, with concerns about inflation still lingering. Record-Breaking Rally Gold recently reached a fresh intraday record, surpassing the previous high set in April 2024. This surge is attributed to a significant increase in investor demand for the precious metal. The allure of gold stems from its traditional role as a safe-haven asset during times of economic uncertainty. In periods of potential inflation or economic slowdown, investors often flock to gold as a hedge against decreasing purchasing power of traditional currencies. Fed Rate Cuts: A Catalyst for Gold The primary driver for the recent gold price increase is the growing anticipation of a policy shift by the Federal Reserve. The Fed has been raising interest rates throughout 2024 to combat inflation. However, recent economic data has shown signs of a potential slowdown. This has led some investors to believe that the Fed may soon pivot and start lowering interest rates. Lower Rates, Higher Gold Prices Interest rates and gold prices typically have an inverse relationship. When interest rates rise, the opportunity cost of holding non-interest-bearing assets like gold increases, making them less attractive to investors. Conversely, when interest rates fall, gold becomes a more appealing investment option. This dynamic is playing out in the current market, with the prospect of lower interest rates driving investors towards gold. Beyond Rate Cuts: Supporting Factors While the Fed's monetary policy is the primary driver, other factors are also contributing to gold's strength. Geopolitical tensions across the globe continue to serve as a source of unease for investors, further bolstering the demand for safe-haven assets like gold. Additionally, robust demand for physical gold from major consumers like China and India is providing additional support to prices. Mixed Signals from the US Economy The US economic picture remains somewhat unclear. While recent data suggests a potential slowdown, inflation concerns haven't entirely abated. The Fed has indicated its commitment to bringing inflation under control, leaving investors to navigate a complex economic environment. Gold's Long-Term Prospects The future trajectory of gold prices hinges heavily on the decisions of the Federal Reserve. If the Fed does indeed pivot towards rate cuts, gold prices could continue their upward climb. However, if inflation remains stubbornly high, the Fed may need to maintain its hawkish stance, potentially putting downward pressure on gold. Investor Considerations The current market situation presents both opportunities and challenges for investors. The potential for a Fed policy shift makes gold an attractive proposition. However, the uncertainty surrounding the US economy and future inflation levels necessitates careful consideration before investing. Diversification is Key Gold can be a valuable addition to a diversified investment portfolio. However, it's crucial not to overexpose oneself to a single asset class. Investors should consider their risk tolerance and overall investment goals when deciding whether to invest in gold. Conclusion Gold's recent surge highlights its enduring appeal as a safe-haven asset. With the Fed's policy decisions looming large, gold prices are likely to remain in focus in the coming months. Whether it continues its record-breaking rally or experiences a correction depends heavily on the trajectory of the US economy and the Federal Reserve's response.
OANDA:XAUUSDLong
by bryandowningqln