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Sellxauusd

GOLD: What is the price of gold tomorrow?TVC:GOLD Gold prices remain low around $2,000 as it searches for fresh clues to extending its three-week downtrend, especially after posting its first weekly loss in three weeks. In doing so, the yellow metal portrays market anxiety amid concerns about the US debt ceiling, as well as banking concerns. However, the unclear calendar and mixed updates from the Federal Reserve (Fed), as well as US government officials, have pushed XAU/USD lower ahead of important events/data of this week. Gold price depicts a bearish triangle formation on the Daily chart, currently between $2,030 and $2000. That said, bearish signals from the Moving Average Convergence and Divergence (MACD) indicator, as well as the steady Relative Strength Index (RSI), set at 14, also give see the next downtrend in XAU/USD. However, a clear break of the 2000$ support becomes necessary for Gold to move towards its theoretical target of around 1,900$. Canh SELL GOLD vùng giá 2022-2025 Stoploss: 2030 Take profit 1: 2017 Take profit 2: 2012 Take profit 3: 2006
TVC:GOLDShort
by DNA_TradingFX
GOLD 11/05: Scalp ahead of tonight's PPI newsTVC:GOLD Gold prices increased their bid to refresh the intraday high near 2,035$ early Thursday, reversing the previous day's retracement from a one-month-old horizontal resistance. Precious metals benefit from broad US Dollar weakness. The XAU/USD pair maintains a neutral to bullish view in the daily chart. The pair is growing above all of its moving averages, although the 20 Simple Moving Average (SMA) has lost its positive momentum, currently hovering around 2,010$. The 4-hour chart shows that XAU/USD holds above the bearish 20 SMA, while the longer moving averages are not below it. Technical indicators head south but remain neutral, not enough to confirm another drop. Gold could extend its decline, but buyers are likely to reappear around 2,026$ as the US Dollar's current strength may be temporary. BUY GOLD 2026 - 2030 Stoploss: 2022 Take profit 1: 2033 Take profit 2: 2037 Take profit 3: 2043 SELL GOLD 2045 ́2048 Stoploss: 2052 Take profit 1: 2040 Take profit 2: 2035 Take profit 3: 2025
TVC:GOLD
by DNA_TradingFX
Gold market commentary on February 17, 2023Gold prices were little changed by the end of Thursday’s trading session, but the yellow metal extend its recent losing streak during Friday’s Asia-Pacific trading session. The anti-fiat yellow metal is now on course to sink over 2 percent this week. In fact, the 5.25% drop so far in February is shaping up to be the worst month since June 2021. This week in particular, prices have been wobbly since the aftermath of Tuesday’s US inflation report. For January, the country saw unexpectedly higher CPI data, opening the door to a still-hawkish Federal Reserve. The reason why this matters is that markets have been slowly unwinding expectations of a rate cut pivot towards the end of this year. XAU/USD Daily Chart XAU/USD continues to decline after confirming a breakout under the 20- and 50-day Simple Moving Averages (SMA). That is setting up prices for further losses as the 38.2% Fibonacci retracement level at 1828 is being tested. Falling under the latter exposes the midpoint at 1787. Otherwise, a turn higher has immediate support as the 50-day SMA. Trading recommendation: Buy soup at the price range 1823 - 1820 Stop Loss: 1816 Take profit 1: 1835 Take Profit 2:1844 Take profit 3: 1850 Canh sell at the price range 1847 1846 Stop loss 1850 Take profit 1: 1840 Take profit 2: 1835 Take profit 3: 1830 Note: Always set TP and SL in all trading cases
TVC:GOLD
by DNAchampions
XAUUSD analysisHey Traders, in the coming period we are monitoring XAUUSD for a buying opportunity around 1834 zone, we might see a pullback from 1865 zone towards more 1834 zone before the big rally into more highs probably! back then we might execute the trade if we receive any confirmation, in Monday our focus will be on the selling opportunity at 1865 zone respecting the descending trend in combination with the strong supply and demand zone. we will not risk a lot in that trades just few pips will be enough. don't forget that you should always respect proper risk management, especially with gold and commodities since their movements are more strong comparing to other pairs. always risk between 1-3% of your account so in the worst scenario you'll not get knocked out from the market with a losing trade. a lot of traders get knocked out from the market because they risk 30-50% of their account in each trade and in that sense 1-3 losing trades will kick them out from the market, but a reasonable trader that risk 1% of his account and aim high he will get knocked out from the market after 100 losing trades in a row and the probability for that is close to none, that's why money management is the key success to trading more than the other tools. thank you for reading my text with attention, always happy to help! Joe.
OANDA:XAUUSDShort
by JoeChampion
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