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Goldusd

Gold Trend 22/09Gold bounced but failed to break out from the range. The day began at 1664 yesterday. The price was bounded by a tight 1660-65 range early in the Asian session. It reached the early peak of 1677 at the EU session after Putin's speech. At the US Fed. The announcement, gold has rebounded quickly from the 1653 day-low to the weekly high of 1688. The day eventually ended at 1673, up slightly from yesterday. Market reaction was mixed after the US Fed. Meeting. The price is still controlled by the S-T 1660-80(1) range in the 1-hour chart; v can continue to take advantage of this range before it escapes. The buying support below 1665(2) remains effective as gold hasn't been able to close below it in the daily chart. It will be the first sign of the price going down if it closes below 1665 on the daily chart. On the other hand, if the price fails to sink below 1665 in the next 48 hours, a jump toward 1700 may begin. S-T Resistances: 1680 1670 1665 Market price: 1661 S-T Supports: 1660 1650-52 1642-40 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold Trend 20/09 - 23/09Gold was steady yesterday near the 2-years low yesterday. The market opens at 1657 back from the weekend. The price was rejected by the key resistance 1680 early in the Asian session, and the price kept moving lower toward the day-low near 1659 until the US session turned active. The day ended up closing at 1675, unchanged from the trading day before. The downtrend originated from 1730 last Tuesday has completed after gold cleared the resistance from trendline(1) last Friday, and it is now officially bounded by the range 1650-90(3). A triangle pattern(2) has been formed in the past 48 hours while the market is now waiting for the announcement from US Fed. Meeting. The gold price failed to move below 1650 after it cleared the critical support of 1680. A structural bottom is forming on the daily chart as the buying support below 1665(4) has been strong in the past 48 hours. The US Fed. The meeting will be the turning point; if the price fails to go below 1650 after the US Fed. announcement, the structural bottom will form. After the price clears the 1680 resistance, the upside target can be around 1730. S-T Resistances: 1697-1700 1687-90 1680 Market Price: 1673 S-T Supports: 1670 1660 1650-52 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold Trend 21/09Awaited Fed. rate decision, gold prices remained stable yesterday. The day began at 1675, where the price overall was trending downward throughout the early Asian and European sessions. It cleared the S-T trendline(1) at the US session and traveled all the way to 1660, the daily low from the day before. The day ended at 1664, down by USD 19. 1660-80(2) can be used as an operating range before the US Fed. An announcement later on today. Since gold cleared the 1680 support, the downward resistance line(5) is dominating the daily chart trend. The S-T support 1665(4) is still in effect. The Fed. announcement will take over the next major movement. S-T Resistances: 1687-90 1680 1670 Market price: 1666 S-T Supports: 1665 1660 1650-52 If you like our work, kindly give our team a thumbs up. Feel free to leave a comment; let us know what you think! P. To
TVC:GOLD
by 1uptick
Gold Analyze (Short term/ Symmetrical Triangle)!!!Gold has been moving in a descending channel for several weeks. During the last 5-6 days, Gold was able to form a symmetrical triangle, and now it managed to break the lower line of the triangle. I expect Gold to go down at least to the target I specified in the chart (probably to the bottom of the descending channel). Gold Analyze ( XAUUSD ), Timeframe 1H (Log Scale). Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:GOLDShort
by pejman_zwin
Selling Gold at $1700.Gold - Intraday - We look to Sell at 1698.1 (stop at 1710.2) Our bespoke support of 1700.0 has been clearly broken. Previous support at 1700.0 now becomes resistance. 50 4hour EMA is at 1696.0. We look for a temporary move higher. Preferred trade is to sell into rallies. Daily signals are bearish. Our profit targets will be 1671.1 and 1665.1 Resistance: 1680.0 / 1690.0 / 1700.0 Support: 1660.0 / 1650.0 / 1630.0 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:XAUUSDShort
by OANDA
3
Gold : Intraweek Technical AnalysisGold made stayed in a rangebound zone in the start of the week and then broke the support of 1700 and went all the way till 1660. Gold is highly oversold In this range. My idea is to accumulate gold from this zone with initial selling target of 1800. Only long term entries can be made from this level. For short term trading one should wait before interest rate announcement of the USa on 21st of September. If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics.
OANDA:XAUUSDLong
by JBShark