Get started

Xausdlong

Will gold continue to rise as risk aversion heats up? 📌 Gold driving factors At present, the current market sentiment has turned cautious, driving safe-haven funds into gold. Previously, Moody's downgraded the US sovereign credit rating, and President Trump's promotion of a large-scale tax cut bill is expected to be passed by Congress, further strengthening the theme of "selling the United States" and exerting continuous pressure on the US dollar. In addition, the resurgence of disputes between the United States and China on the chip issue, and the news that the Group of Seven is considering imposing tariffs on cheap Chinese products, have exacerbated the uncertainty of the global economic outlook, further suppressing the US dollar, while supporting gold, a traditional safe-haven asset, to an eight-day high. Gold prices also benefited from the heating up of geopolitical tensions. CNN reported that several US officials revealed that Israel is preparing to launch a strike on Iran's nuclear facilities. 📊Commentary Analysis The current market is still running in a range of shocks. Therefore, the US market is still trading repeatedly around the range for the time being. For the time being, the small range will temporarily look at the 3320-3285 line! 💰Strategy Package Gold: Short when it retreats to around 3325-3320, stop loss at 3330, target around 3290! For long orders, look at the support situation and then enter the market at the right time! ⭐️ Note: Labaron hopes that traders can properly manage their funds - Choose the number of lots that matches your funds - Profit is 4-7% of the fund account - Stop loss is 1-3% of the fund account
OANDA:XAUUSDLong
by Labaron
1
XAUUSDHello traders! There's a buy opportunity on the XAUUSD pair, and I wanted to share this trade with you. The trade is currently active on my end, and I’ve set the Risk-to-Reward Ratio to 1:1.50. 🔍 Criteria: ✔️ Timeframe: 15M ✔️ Risk-to-Reward Ratio: 1:1.50 ✔️ Trade Direction: Buy ✔️ Entry Price: 3320.74 ✔️ Take Profit: 3335.20 ✔️ Stop Loss: 3311.13 🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes. 📌 If you're also interested in systematic and data-driven trading strategies: 💡 Don’t forget to follow the page and subscribe to stay updated on future analyses.
FX:XAUUSDLong
by Nurlan_PT
XAUUSD going for new ATH!⭐After a beautifull double top pattern & a good correction GOLD seems to be ready for a new ATH this year! 📈XAUUSD is in a medium uptrend with obvious correction and momentum movements forming new LH(Lower High) & HH(Higher Highs) which further strengthens the upward trend! 📊After the FIB Retracement applied behind the representation, gold does not seem to change its trend anytime soon, but although it is close to a pullback in the 38.20 area, it does not represent such a strong upward trend that it does not try to go down at least in the GOLDEN ZONE (50%-61,80%) 📍US PPI and CPI data due later in the week 📍Dollar at its highest level in over two years 📍Market sees 25 bps reduction in rate cuts this year 💥Position Recommendations💥 Entry: 2650 Stop Loss: 2630 Take Profit 1: 2680 Take Profit 2: 2700 Take Profit 3: 2750 (I do not recommend only with subsequent confirmations)
FX:XAUUSDLong
by PaulNox
GOLD XAUUSD Bullish Robbery OngoingDear Gold Robbers, This is our Day Trade master plan to Heist Bullish side of GOLD mines. New traders enter after the white colour MA breaks I have mentioned in my plan, Our target is Red Zone that is High risk Dangerous area.My dear Robbers please book some partial money it will manage our risk. Be safe and be careful and Be rich. Loot and escape near the target 🎯 I started looting on Monday and I have been looting inside the gold mines until now. Please refer my old ideas. make money take money 💰💵
CAPITALCOM:GOLDLong
by Thief_Trader
1
Decoding Gold Price Surge: Analyzing the Impact of Fed SignalsDecoding Gold Price Surge: Analyzing the Impact of Fed Signals and Identifying Profit Opportunities The recent surge in gold prices, climbing above $2,000, comes on the heels of significant signals from the Federal Reserve indicating potential rate cuts in 2024. As the precious metal takes center stage, our analysis unveils intriguing insights into the factors driving this upward trajectory. Analyzing the Surge: Gold's 1% increase, coupled with the Fed's indications of impending rate cuts, has sparked renewed interest in the precious metal. Understanding the dynamics behind this surge is essential for investors looking to capitalize on potential profit opportunities in the gold market. Key Insights: Fed Signals Impact: The Federal Reserve's announcement of potential rate cuts in 2024 has triggered a shift in market sentiment. Investors are turning to gold as a hedge against economic uncertainties, contributing to the price surge. Psychological Barrier Break: Surpassing the $2,000 mark is more than a numerical achievement. It signifies a psychological shift in investor perception, potentially paving the way for sustained bullish momentum in the gold market. Profit Opportunities: As gold continues its upward trajectory, strategic investors may find profit opportunities in both short-term and long-term positions. Setting realistic profit targets is crucial, with the current market conditions suggesting the potential for continued positive movement. Take Profit Strategy: Consider implementing a take profit strategy around key resistance levels, factoring in the psychological impact of breaking the $2,000 barrier. As gold reacts to market developments, remain agile in adjusting your strategy to optimize gains while managing risks. Target Price Projection: The anticipation of gold prices reaching $2,235 by the end of Q1 adds an additional layer to profit potential. Investors may strategically plan their positions with this target in mind, keeping an eye on market dynamics and adjusting strategies accordingly. Risk Considerations: While the gold market presents opportunities, it is not without risks. External factors such as geopolitical events, economic data releases, and shifts in central bank policies can influence gold prices. Stay informed and be prepared to adapt your strategy based on evolving market conditions. Conclusion: Gold's ascent above $2,000, coupled with the Fed's signals, positions it as a focal point for investors. Analyzing these dynamics, setting realistic profit targets, and considering risk management strategies are essential elements for those navigating the current landscape of the gold market. For real-time updates and deeper insights, continue monitoring reputable financial news sources and market indicators. Disclaimer: The information provided is for educational purposes and does not constitute financial advice. Always conduct thorough research and consult with a financial professional before making investment decisions.
OANDA:XAUUSDLong
by wikitrades
XAUUSD:Waiting for the bear's counterattack After yesterday's decline, it was the most complete step back after this rise. It stopped falling at the bull trend line and then fluctuated. The current trend has not completely changed, but the overall shape is more conducive to the short attack. Now it depends on whether the bear will seize this opportunity to fight back. For now, resistance is concentrated at 2043-2047, while the trend line is at 2039-2036 (which will get higher and higher as time goes by). If the bulls want to continue its trend, it is better not to fall below this level. If it falls below, the pattern will be destroyed (I prefer that the bears will counterattack) In terms of trading, I will continue my short selling plan above 2040.
FOREXCOM:XAUUSDShort
by Allen_Ex
Two long scenarios for gold 1 hour Hello friends According to the past analysis of gold We expected gold to experience a price correction, which could happen from the level of 1914. We consider two scenarios for long price, which are designed for you in the chart You can enter with your own style in the appropriate style. Note that if this analysis is contrary to your analysis, ignore it or wait for our analysis to be invalidated so that your analysis will come to pass. Thank you for following me.
OANDA:XAUUSDLong
by jawad369
GOLD ( XAUUSD ) Long Term Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
TVC:GOLDLong
by ForexPlanet20
Super Data Week gold will have a great opportunityOn May 30th, after several rounds of negotiations, a debt-ceiling deal was finally reached, and is now awaiting approval by both houses of Congress. However, the analysis noted that reduced fiscal spending could have a greater negative impact on the economy after the U.S. economy entered a recession. Market flash: Gold opened the session at $1,944.36 an ounce, peaking as high as $1,946.54 and hitting as low as $1,938.00. At press time, it was trading at $1,938.59 an ounce, down 0.27%. Spot gold fell slightly yesterday, the early Asian trading day continued consolidation trend, from the 1 hour chart, green momentum column weak continuation, short momentum is not strong. Gold is still clearly under pressure as the odds of a Fed rate hike in June rise. Market Overview: Debt Ceiling Deal could Deepen Recession On May 28, U.S. President Joe Biden said a final deal with McCarthy on raising the debt ceiling was on its way to Congress. On the same day, the House Library of Documents released the 99-page text of the agreement. The spending limits would apply from the start of the new fiscal year, which begins Oct. 1. Because spending in the next fiscal year is expected to remain at around 2023 levels, the restrictions imposed by the deal will kick in at a time when the economy is likely to slip into contraction. Economists surveyed by Bloomberg had expected the U.S. economy to fall into recession in the second half of the year after GDP fell at a 0.5 percent annual rate in the third and fourth quarters. Michael Feroli, chief U.S. economist at jpmorgan Chase, said in an emailed response to questions today that fiscal multipliers tend to be higher during recessions, so if the United States were to fall into recession, then reduced fiscal spending would likely have a bigger impact on GDP and employment. The European Central Bank (ECB) still has more to raise interest rates, ECB governing Council Andreas De Kos said on Monday, adding that the bank is nearing the end of its tightening cycle, but has a long way to go to control inflation. The world's major central banks are in the final stages of raising interest rates as the risk of recession grows. However, inflation in Europe remains high after several top ECB officials warned that interest rate rises may need to continue beyond the summer to rein in price rises. Two more hikes are expected by July, according to economists, but the risk that the most aggressive monetary tightening of the euro era will last longer is rising. America had a banking crisis in March, and commercial property risks are building. Mr. Decos, for one, has said Mr. yang's actions are filtering well through the economy and that officials are monitoring the impact on the financial sector of the banking tensions that began in the United States. Spot gold afternoon: Just a week ago, the odds of a rate hike were as low as 17.4 percent, according to analysis, suggesting people had abandoned expectations of a pause, which helped the dollar rise for a third straight week and weighed on gold prices. With the likelihood of a Fed rate hike in June rising and technicals about to form a bearish cross, gold prices remain vulnerable. Gold, we have had a very nice run selling gold below 1985 since last week. The 1930 support level is very important today and we will try to buy gold from there first. In addition, just into the gold market, the capital suffered serious shrinkage, income is not ideal friends, you can pay more attention to me, I will according to your purchase point, the size of the capital, give you a reasonable operation plan. Finally, I wish you all a good deal!
CITYINDEX:XAUUSDLong
by Besttraderking