Gold as i predicted but not ACCURATE 100%The last time i predicted gold to go t o the 2380 level buy setup it was not detaily accurate but the direction was accurate
Goldtrend
GOLD - now where is supporting area? whats next ??#GOLD.. market very well placed targeted area as we discussed in our video analysis, first of all congratulations to all.
now market have 2343 as immediate supproting area , keep close it guys,
because if market hold it then upside further move expected,
dont be lazy here,
good luck
trade wisely
Gold prices receive a lot of economic and geopolitical pushscalp gold sell 235x
tp 233x
sl 236x
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According to Mr. Joaquin Monfort, FXStreet expert, gold fees accelerated this consultation after some of important important banks determined to reduce hobby quotes, which include the Swedish Central Bank (Riksbank), or signaled the opportunity of a reduce. withinside the future, which include the European Central Bank (ECB). Lower hobby quotes lessen the "possibility cost" of maintaining gold, a non-hobby-bearing asset, for this reason making gold greater attractive.
Mr. Monfort stated the treasured steel is likewise seeing the go back of cash searching for secure havens amid the "impasse in ceasefire negotiations among Israel and Hamas."
Gold turned up again, entry buy todayGold prices today jumped sharply after a number of major central banks decided or signaled their readiness to cut interest rates in the future.
In Sweden, the country's central bank cut interest rates by 0.25 percentage points to 3.75%. The Bank of England (BoE) announced to keep interest rates unchanged at 5.25% and hinted at an upcoming interest rate cut when inflation falls below target.
Gold prices today also have more upward momentum thanks to increased demand for safe haven capital. The cause stems from the deadlock in ceasefire negotiations between Israel and Hamas after Israel continued to attack Rafah, increasing the pressure of geopolitical risks.
With the above picture, investors may expect the gold market to heat up. So they increase their purchasing power. Gold price today increased sharply by 42 USD, from 2,306 USD/ounce to 2,348 USD/ounce at 6:00 a.m. on May 10.
Today's trading trend, waiting to buyWater was at 2,353.1 USD/ounce, an increase of 30.8 USD compared to yesterday morning.
The weakening of the USD has strongly supported the upward trend in the price of the yellow metal on May 9 (US time). Specifically, the US Dollar Index decreased by 0.32% to 105, increasing the appeal of gold to buyers holding other currencies.
FXStreet editor Joaquin Monfort said that gold prices rose higher "after a number of major central banks decided to cut interest rates or signaled a willingness to cut interest rates more in the future." Lower interest rates reduce the "opportunity cost" of holding gold, a non-interest-bearing asset, making it a more attractive investment.
Specifically, in Sweden, for the first time since 2016, Riksbank has cut interest rates by 0.25% to 3.75%. In the UK, the Bank of England (BOE) announced to keep interest rates unchanged as many people predicted, but signaled that it will cut interest rates in the near future.
The Swiss Central Bank, the Reserve Bank of Australia (RBA) and the European Central Bank have also made similar moves.
💡 GOLD: Analysis May 9Gold fell for the second day in a row, but selling pressure continued to be as weak as the previous day, because yesterday's bar D1 had a narrow range, even narrower than the previous falling bar D1. Structurally, Gold D1 continues to move inside the Inside bar pattern, reflecting a state of cumulative price compression, and remains within the larger Inside bar and large price range. Gold D1's trend is more inclined to increase in price.
After touching the border on the H1 price frame, H1 Gold is adjusting down, however the selling pressure is not strong because the adjustment span is not steep and has large fluctuations. The scenario for buying Gold is still the dominant one today, the best option is to buy when the price breaks out to the top and then retest, otherwise you can "fish for the bottom" with the buying zone being the margin below the price frame.
💡H1 trend: Gold moves sideways.
💡Today's trading idea: Buy Gold.
Gold heads below $2,300 ! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Global gold demand growth is driven by increased over-the-counter market investment, continuous central bank purchasing, and heightened demand from Asian markets, especially China and India. This growth is reinforced by geopolitical tensions in the Middle East, leading to a preference for safe-haven assets like gold. Gold traders are anticipating fresh catalysts such as the US weekly Initial Jobless Claims due on Thursday and a speech by San Francisco Fed President Mary Daly. Dovish comments from Fed officials could stabilize gold prices for now.
⭐️ Personal comments NOVA:
Gold price still moves in 2 trend lines, wide amplitude. There is still confidence that the Gold price needs to return to the entry area below $2,300. Long-term BUY in the H4 frame. The time for the FED to lower interest rates is getting closer and closer
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2270 - $2268 SL $2263
TP1: $2278
TP2: $2284
TP3: $2292
🔥SELL GOLD zone: $2349 - $2351 SL $2356
TP1: $2340
TP2: $2330
TP3: $2320
⭐️ 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
The downward trend of gold is obvious
Gold is still down, but it is not over. There is still another plunge in gold. This wave will inevitably reach around 2292. There is still room for a downside of 16 US dollars. Be prepared.
The four-hour line continues to have a large negative line surrounding the positive line, which is an obvious bearish downward trend. One negative line breaks through two positive lines, which is a short position. The 50-day moving average has pressed the pause button on its upward movement. It is obvious that it has turned downwards strongly. Continue to be bearish, the daily level is even more terrifying for shorts, prepare for a plunge
Operation strategy: short gold 2320, stop loss 2330, target 2290
I hope you like my analysis, thank you and love you
Emotional stability is the basis for trading gold
Stabilizing emotions means reducing desires and satisfying needs. The demand is that I only make 5 profit points, and I will be happy when I make it. I don’t care no matter how big the subsequent profits are. This is demand, and demand can be met. When you are satisfied, you will be happy. Eat when you are hungry and stop eating when you are full. This is demand. And desire is that I want to go to the third floor. After going there once, I want to go there a second time and a third time.
Looking at the market today, there is currently a drop in the CD section of the bat pattern band in the harmonic trading pattern. There is a high probability that the price will continue to fall in the band today. Therefore, the suggestion for participating in trading today is to wait for the price to fall below the 2310-2318 range, and then the price rebounds to test the pressure of this position and enter the market bearishly, with the target looking at the 2287-2283 range. If the U.S. market has support near this price, or a bullish reversal K-line pattern appears, you can consider setting the bullish stop loss below 2278 in the evening U.S. market.
In the afternoon of the white market, the price surged to around 2320, which is considered to be close to the previous high point of the pattern. It has already fallen below during the European market stage, so I still feel that the probability of decline is greater. Just go to the vicinity of 2285 to see the rise.
Yesterday’s short gold profit was huge, can it continue today?Gold's 30-minute moving average is still in a dead cross downwards. Gold's 30-minute rebound seems to be strong, but it still has not been able to break through the downward trend line resistance. The gold downward trend line resistance has now moved down to around 2320.
Gold has shot up many times and then fallen back. There are many resistances above, so there is a possibility of a sharp decline at any time.
Trading strategy today, gold cools downGold prices continued to fall in today's trading session, receiving little support from safe-haven demand as recent comments from US Federal Reserve (FED) officials showed the market was skeptical. Doubtful expectations of interest rate cuts.
The yellow metal saw some safe-haven demand this week as the conflict between Israel and Hamas worsened and ceasefire talks made little progress.
However, safe-haven purchases were offset by pressure from renewed concerns about high US interest rates as well as the dollar's recovery.
Prices for the yellow metal received little support from the dollar's recent decline, as the greenback rebounded on Tuesday after some Fed officials said the central bank was more likely to hold steady interest rate in 2024.
This view was voiced by Minneapolis Fed President Neel Kashkari on Tuesday and caused traders to rethink some expectations for interest rate cuts this year.
Expectations for a rate cut in September rose after weak payrolls data last week. But Kashkari and his colleagues say tough inflation remains the main point of contention for the Fed.
The prospect of higher long-term US interest rates is not a good sign for gold because it pushes up the opportunity cost of investing in the yellow metal.
Gold cools down, entry buy nowWorld gold prices stabilized with spot gold down 6.3 USD to 2,307.6 USD/ounce. Gold futures last traded at 2,316.1 USD/ounce, down 6.2 USD compared to yesterday morning.
World yellow metal prices decreased slightly compared to yesterday morning as investors continued to wait for US data to find clues about the possibility of cutting interest rates by the US Federal Reserve (Fed). The recovery of the USD also puts slight pressure on gold. The US Dollar Index rose 0.1%, making gold less attractive to foreign currency holders.
According to analyst Peter Fertig, what the market is currently concerned about is the timing of the Fed's interest rate cut this year. He said that if inflation does not really decrease, the Fed will still keep interest rates unchanged.
In his statement mid-week, Minneapolis Fed President Neel Kashkari gave a "hawkish" view on monetary policy, saying that the US Central Bank may keep interest rates high for a while. longer.
Investors are now looking forward to the results of the University of Michigan's consumer sentiment survey due out on Friday and comments from multiple Fed officials this week. US consumer price index data will be published on May 15 (US time).
A very good time to buy gold right nowOn the worldwide marketplace, today`s gold rate reached 2,313 USD/ounce. Domestic gold is in a downward fashion as it "evaporates" five USD.
Converted in step with the change price with the exception of taxes and fees, every quantity of home gold bars is 15.five-16.five million VND better than the worldwide rate even as gold earrings are 4-4.five million VND better, relying at the time.
World gold reduced barely withinside the context that traders are focusing extra on the chance of hobby price cuts from americaA Federal Reserve (Fed). According to CME's FedWatch tool, marketplace investors trust there's approximately a 66% risk the Fed will reduce hobby prices in September.
Gold costs are compelled with the aid of using the outlook for hobby prices, however StoneX analyst Rhona O'Connell stated there are tailwinds for gold, specially associated with geopolitical dangers and capability tensions. Hidden withinside the banking device continues to be sturdy sufficient to aid this valuable metal.
Previously, in mid-April, global gold costs hit a document excessive of 2,431.29 USD/ounce whilst boosted with the aid of using sturdy call for from Chinese valuable banks and retail traders amid geopolitical tensions are increasing.
GOLD: Gold price forecast
By around September, the Fed may reduce interest rates. A declining USD will pull gold prices up.
Gold is also supported by inflation and escalating prices in many countries around the world. Asian and European countries are struggling to control their currencies from plunging.
Many experts also mentioned the possibility of inflation in some countries. If this happens, gold will continue to be an important storm shelter.
XAUUSD 1HR Analysis + Trade Idea It doesnt look like the bulls are giving up just yet, with the inability to push lower or higher gold has been range bound for the last few days whilst respecting the 25% QT support zone and the dynamic ascending support which creates a 4HR bearish flag showing signs of a trend reversal to the upside.
Primarily we need to be patient and wait for the correct confirmations to show us bullish signs before looking at possible long entries to avoid being caught out on any possible market structure break.
Ideally if breaks the key resistance of 2330 and corrects with a lower high whilst seeing the 25% quarter support rise to match the lower high and a divergence crossover in certain EMA timeframes we could enter a long off the rejection of the risen quarter level.
GOLD Expecting continuationGOLD looks ready to continue his bearish moves as soon as it will broke below the H1 support trendline. I expect it to range tomorrow and to start to drop later in tomorrow's NY session and Friday. First target the support area at 2235. Invalidation above the resistance trendline on H1
GOLD - market bottom out?? whats next?#GOLD.. well guys market hold your 2nd supporting area 2303 and bounced back,
now upside our last day area that was our supporting area its now resistance area, keep close it,
that is 2318 19
if market break that level then upside again 2325 n 2334 expected..
good luck
trade wisely
Gold wins two games in a row and is short at high levelsGold's 30-minute rise is no longer strong enough and is beginning to be suppressed by the downward trend line. Gold's 30-minute moving average is about to form a dead cross. If a dead cross is formed, gold will have room to fall again. The resistance of the gold trend line has now moved down to 2325.
💡 GOLD: Analysis May 8Gold price adjusted slightly down in the past session, unable to break the previous peak around 2330. The situation has not yet had any notable changes, we can still keep the current comments, temporarily divided into two cases. Case:
First, if the price breaks below 2280, the price may follow the previously formed two-peak reversal pattern, towards the 2200 mark, at which point you can consider opening additional short positions;
Second, if the price breaks above 2330, the price is likely to continue to correct upward, existing short positions need to be closed, then attention should be paid to the 2360 level, buyers may return to the market if resistance is reached. This is broken.
💡 GOLD: Analysis May 7After being rejected at the 2280 support zone, the price recovered quite strongly in the past session, breaking the triangle pattern and testing the 2320 resistance level. However, this move has not significantly changed the situation. form where the higher peak has not yet been established. Still keeping the old comment, we temporarily divide it into two cases:
Firstly, if the price breaks below 2280, the price may follow the previously formed double top reversal pattern, towards the 2200 mark, at which point you can consider adding short positions outside of existing sell order;
Second, if the price breaks above the triangle pattern, which confirms the possibility of returning to the uptrend, we need to close existing short positions, paying attention to the 2360 level, buyers can return to the market. market if this resistance level is broken.
Tuesday trading strategy
xausd. My daily analysis is to help everyone find safe trading areas and make profits through strong and weak signals.
Price above 2325-2340-2350
Below 2300-2290-2280
So my suggested trading area:
Buying area:
2310--2312 has been triggered
2305-2307
2297-2300
Select the corresponding trading area based on specific price trends and charts. For reference only
Sales area: profit 50pips ()
Special: 2330-2333. This signal is a key price signal. But it has been triggered 4 times. So you can specially observe the signal
1/2322--2325
2/2338-2342
3/2350-2352
Select the corresponding trading area based on specific price trends and charts. For reference only
Only my real-time analysis is the most accurate. so please cooperate with me
I wish you all good luck with your trading. Trading trends are changing rapidly, I hope everyone makes money
Note: 1/ Provide account management. 2/ Provide VIP signal service.
There will be a continued downward adjustment for world goldSELL GOLD
2315-2320
SL 2333
TP 2300
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At round 6 a.m. on May 8, nowadays`s gold rate became buying and selling at 2,315 USD/ounce, down 10 USD as compared to the best rate in remaining night's buying and selling consultation of 2,325 USD/ounce.
World gold expenses went down whilst a few US Federal Reserve (FED) officers stated that inflation withinside the US remained excessive and hobby costs ought to stay the equal for an extended duration of time.
Responding to this information, the USD-Index extended 0.26% to 105.forty two points. Accordingly, the USD extended in cost as compared to many different overseas currencies. Gold rate nowadays is in a disadvantageous position.
Meanwhile, analysts say that US bond hobby costs closing at excessive ranges have come to be appealing to investors. Since then, many humans have confined capital into the gold market. Today's international gold rate is compelled to weaken.
