Get started

Idicatortradigview

XAUUSD: Gold price analysis strategy todayDuring the Asian trading session on Thursday (December 12), spot gold price decreased slightly and is currently trading at 2037 USD. Yesterday, Fed officials remained hawkish and stated that there would be no 'immediate interest rate cuts'. It was another hawkish speech following the hawks after Powell signaled dovishness. At that time, the market must wait for more data before predicting the time and amplitude of interest rate cuts. However, US existing home sales rose unexpectedly yesterday, and all this surprising data suggests the existence of economic viscosity and inflation, suppressing bullish sentiment. of the market for gold.
FXOPEN:XAUUSDLong
by NicoTradingMaster
GOLD: I'm looking forward to the gold trend today, December 20Yesterday, gold prices rebounded to around 2033.5 after falling to support around 2015. Profits from closing short positions at 2030 USD were minimal. Currently, market expectations of the Fed cutting interest rates are fluctuating. Next, gold prices will still be under pressure from the Fed's operating expectations. The advantages will be limited and the disadvantages will also be limited because interest rate cuts are the general trend. In the short term, gold prices will mainly fluctuate so we can buy low and sell high within key ranges. Today's gold trend I expect: Yesterday gold increased and still did not reach the old peak and key and it is still below the uptrend channel line of the daily frame, today I think gold will have another Gold may test the peak of 2048 if it surpasses 2048 then it will go up to 2051 or 2053 and then it will decrease and gold will start to move sideways, you should watch to sell in the 2051 to 2053 range.
TVC:GOLDShort
by NicoTradingMaster