Xauusdbuy
XAUUSD is currently retesting the Bottom of the weekGOLD has presently retested the Bottom of the week and is absolutely beneath the MA line. According to this rhythm, anybody need to extrade the path of the Sell Wave lower back to Area 2310 after which New Canh reacts to the Support resistance or Rsi is simply too Sell after which Buy.
>Like the present day Gold Wave, I will watch the transaction in 2 directions. Gold Sell Soup on Zone 2336>2338
SL 2340
City 2330>2326
Buy GOLD in step with the candlestick location of the antique backside thru Area 2325>2328
SL 2323
TP 2336>2340
XAUUSD:Bullish, pay attention to the resistance near 2368
The gold small-level trend indicator has formed a bullish trend. Before the US market, the main trend is long. Today's important resistance is still around 2368.
The unemployment benefit data to be released during the US market is expected to be favorable to gold bulls. In addition, there is a choice of direction in the market at present, so the volatility will be very intense at that time.
If I make a mistake in my prediction, if there is no good risk management measure at that time, the loss will inevitably be relatively large, so everyone must be cautious when trading and do not put their accounts at risk of being burned.
If you have any questions, feel free to leave me a message.
Good day, good luck to everyone!
Go long gold first, then go short goldGold has tended to be volatile in the past two days. As I predicted a few days ago, after the sharp decline, gold may digest the sharp decline in a volatile manner. Although the current market fluctuations are not large, it is still profitable. Judging from the current trend, the short-term decline has been alleviated, and the bulls have the motivation to continue to rebound. However, last week's high black candlestick chart was engulfed, laying the foundation for bearishness this week. The overnight strong impact also failed to break through the 2365 key point, indicating that there are still a lot of short pressure above 2360. So overall I still tend to be bearish on gold.
However, gold has now fallen back to around 2340. Before gold fails to fall below the 2335-2330 area, gold bulls still have room to fight back. So for the time being, I will not be too bearish on gold. In terms of short-term trading, I think both long and short sides have the potential to make profits.
So it has fallen back to around 2340. We can first participate in short-term long gold. After gold rebounds, we can consider shorting gold at the right time!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD: 2368-2373 is a good short trading range
In the past day, gold reached a high of around 2364, just one step away from the resistance. Today's focus is still on whether the resistance is broken or not.
Judging from the current market situation, I still want to try the resistance. It depends on whether I can accumulate enough bullish power in the 2347-2334 range during the backtest. If I can, then there is hope for the first attempt at resistance today.
If I want to break through the resistance and achieve the resistance in the range of 2383-2391, there is little chance today. The focus is on tomorrow's data. If it is favorable to gold bulls, then this possibility will be greater.
Today's trading focus is on the resistance range of 2368-2373. If it can reach this position, it will be a better short trading area. If it cannot be reached, continue to maintain the strategy of going long at a low position.
Friends who need detailed trading signals can leave me a message to receive them.
Gold +100 Pips 0 Drawdown , New Entry Valid To Get 250 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Gold will continue to search for lows. Gold is for sale now.
The operation still uses the 2370 position as the short-term long-short conversion point. The U.S. session is about to start, and I think a new decline is going to be too, because there is still news from the U.S. today. All can currently be sold at high prices.
The target is about 2354-2358 or lower. Everyone sets it according to their own profit goals.
COMEX:GC1! OANDA:XAUUSD TVC:GOLD MCX:GOLD1!
XAUUSD - short term is still completely on the buy side💎XAUUSD Analysis💎
🔸The short-time period gold rate continues to be retaining an uptrend, specifically after checking out the 2347 neckline yesterday. Therefore, nowadays it's far anticipated that gold will preserve to upward thrust to discover the resistance vicinity across the 2370-2375 threshold. You can bear in mind shopping for across the 2350-2355 vicinity, that is the vicinity touching the preceding fashion line.
⚜️BUY LIMIT XAUUSD⚜️
(The order takes impact inside 24 hours)
👉ENTRY 2348-2350
🔺SL 2344
❇️TP1 2356
❇️TP2 2362
❇️TP3 2370
--
Gold fee forecast
Thus, it's miles possibly that the Fed will nevertheless opposite economic coverage withinside the 2d 1/2 of of 2024. At that time, the USD may have issue ultimate at its contemporary level.
After hovering to 105.2 factors on the give up of ultimate week, the DXY index - measuring the fluctuation of the dollar towards 6 primary currencies - at the start of the May 28 session (US time) dropped to 104. ,four factors.
Gold costs extended sharply way to the commodity intently associated with gold, WTI oil, which extended through 1.5%, to almost 78.nine USD/barrel.
On Kitco, consistent with Kim Cramer Larsson, an professional from Saxo Bank, gold is once more in a fee growth after ultimate week`s plunge. Accordingly, if gold breaks the resistance threshold of 2,385 USD/ounce, gold will go back to its preceding uptrend. The goal can be 2,500 USD/ounce.
GOLD - The bulls completely dominated the marketGold Currently I see it reacting pretty definitely to the present day parallel Resistance Zone. In order for Gold to boom strongly returned to the 238x quarter or similarly to 24xx, Gold have to at the least spoil via this 2366 Reaction Zone soon. Otherwise, I bet there can be a time to check the 234x location once more, then Gold will boom strongly.
>Like Today you could confer with Gold`s Reaction Soup round paragraph 2351>2355 To Buy
SL 2348
TP 2365>237x
Currently, I see that Gold is walking absolutely at the Ma line, so I will wait and purchase once more following the response to Ma in Frames M30 and H1. Also, look ahead to response vs resistance on this location to shop for once more.
If you've got got any questions, please inbox me so I can proportion more
Gold recovered slightly - XAU increased⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) rises on Tuesday after hitting two-week lows of $2,325. The increase is supported by a weaker US Dollar (USD) and safe-haven demand due to geopolitical tensions in the Middle East. However, higher short-term Treasury yields and strong US economic data may strengthen the USD. Traders are cautious ahead of key US inflation data this week. The US Conference Board’s Consumer Confidence and speeches from Fed officials are scheduled for Tuesday. The US Core PCE Price Index on Friday will be closely watched. If there are more hawkish comments from the Fed and signs of persistent inflation, traders may reconsider expectations of a rate cut, leading to a stronger USD and downward pressure on gold prices.
⭐️ Personal comments NOVA:
Gold prices recovered slightly at the beginning of the week when there was not much important economic news, mainly sideways
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2334 - $2336 SL $2330 scalping
TP1: $2342
TP2: $2350
TP3: $2360
🔥BUY GOLD zone: $2309 - $2307 SL $2302
TP1: $2315
TP2: $2322
TP3: $2330
🔥SELL GOLD zone: $2378 - $2380 SL $2385
TP1: $2370
TP2: $2360
TP3: $2350
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
Gold is mainly long, supplemented by short sellingA successful investor is not about how much profit he makes, but how well he controls risks. Since we cannot control the market, we must learn to control ourselves. Those who don't understand the stop loss will get deeper and deeper, and the longer they will get tighter. An investor can gradually become stronger after being baptized and tempered by the market for a long time, and this strength will be continuous and step-by-step. This strength is the foundation for embarking on the road to profitability. I think investment friends still need to have a rough judgment on the market. Looking for analysts is not just for temporary operating strategies. In fact, it is more about learning technology and analytical skills. And improve your own operating habits through the assistance of analysts, etc. If you make good investments while continuously improving your abilities, I believe you will go further on the investment road! After all, investing is a long-term process.
On Wednesday, affected by Federal Reserve Chairman Powell's speech, spot gold prices soared by nearly $33; after the Federal Reserve kept interest rates unchanged and announced that it would slow down the pace of reducing its balance sheet, gold prices rose sharply above the $2,300 mark on Wednesday. Additionally, Federal Reserve Chairman Jerome Powell failed to provide forward guidance on rate cuts for the rest of the year. Powell said that the next step is unlikely to be to raise interest rates, which also makes this NEW conference far less hawkish than market expectations, at least raising interest rates is not on the table. This statement caused the dollar to plummet and stimulated a surge in gold prices.
In today's short-term operation of gold, it is recommended to focus on long callbacks, supplemented by rebounds from high altitudes. The upper short-term focus will be on the 2325-2330 first-line resistance, and the lower short-term focus will be on the 2300-2295 first-line support.
Gold’s bullish thinking remains unchangedThis week’s focus will be on Thursday’s revised annualized quarterly rate of U.S. real GDP in the first quarter and Friday’s U.S. April core PCE, especially the U.S. April core PCE, the Fed’s most favored inflation indicator, which will be released on Friday. The index better reflects underlying inflation. If the data exceeds expectations, it may fuel expectations that the Federal Reserve will keep interest rates unchanged in September and boost the dollar. On the other hand, if the data is lower than expected, it will push gold prices higher.
In terms of short-term layout, in the big cycle, our bullish rhythm remains unchanged, coupled with our judgment and expectation that the 2325 position will form a callback low. Next, the layout around low and long positions has become inevitable. In the weekly review, we have given clear point ideas for this week's operations. The support to focus on at the opening of this week is the support of 2328/30. Just continue to be bullish around this line, and focus on the breakthrough of 2348.
2368 is the key point, a double bottom cannot be ruled out
Gold currently continues to focus on the resistance near 2368, which is the focus of the current trend shift, so if you are trading in the general trend, this position cannot be ignored.
If it cannot break through 2368, bulls may counterattack at any time, so the risk of going long at a low level is relatively small.
But once it breaks through 2368, you need to be wary of another outbreak of shorts. If you want to chase longs, you must be cautious. As long as there is profit, you must not be too greedy. Taking profits in time is the safe way to trade.
The view of the general trend remains unchanged, the strong resistance for rebound is 2368-2383-2391, and the short target is 2280-2230-2200. I wish everyone good luck and feel free to leave me a message if you have any questions.
Best Place To Buy GOLD And Get 500 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAUUSD- Gold price cannot cool down in the short termGOLD nowadays is going for walks above the 235x zone. With this rhythm, on body D1, I see that the candles are going for walks absolutely above the MA. In addition, as on Zoom final night, I additionally stated that Gold will without difficulty react barely with the parallel resistance location at 2356>2360.
>If at this Beat Gold will increase strongly thru this Zone, it's miles probable that Gold will growth strongly once more with the aid of using 238x.
Today you may confer with Canh Buy GOLD round 2348>2352
SL 2346
TP 2360>237x.
Surely Gold can have mild declines. But for now, nowadays I will observe the primary Trend`s Plan to trade. If there's any new information, I will replace greater everyone ❤️❤️
XAUUSD:Bulls still have another chance to attack
Gold began to rebound after falling to near the starting point of this rise. Now it is approaching the resistance level, the indicators have begun to weaken, and it is facing another direction choice.
If it breaks through, there will be a large rise, followed by a downward trend. If it cannot break through and falls back first, it means there is another chance for an upward move, so the trading strategy is to go long at a low level.
In the large-level time cycle, shorts are still the main force, with strong rebound resistance at 2368-2383-2391. The short trend of the large-scale cycle still maintains around 2280 or even around 2230-2200.
GOLD / XAUUSD Mine Robbery Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist GOLD Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous level market is overbought & Oversold / Consolidation / Trend Reversal at the level Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
💡 XAUUSD: Analysis May 24Gold had its second sharp decline in a row, continuing to create a price bar in the form of a bearish marubozu candlestick pattern with a wide range, showing that the downward price thrust is maintained. The false break that created the bull trap above is actually forming a downward thrust in accordance with technical analysis theory. Gold D1 chart structure is currently moving sideways in a bullish trend.
H1 gold continues to have a downward momentum with strong momentum, shown by its high slope and price behavior sticking along the lower border to go down. The bearish model in the form of a Parabolic Curve also confirms a strong downward force, but an excessive state may have formed, making it easier to rebound than to continue decreasing. Today's expectation for H1 Gold is to catch the rebound to sell down from above, not chase down from below.
💡 H1 trend: Gold decreases.
Today trading idea: Sell gold.
💡 XAUUSD: Analysis May 27After 3 consecutive days of decline, especially the last 2 days of strong decline, Gold D1 rebounded at the end of the week. But considering that bar D1 increased with a narrow amplitude and an upper shadow, and closed below half of the amplitude, the upward push was insignificant, and was even still blocked from selling from above. D1 Gold chart structure is reflecting a sideways trend in favor of price increases.
The main trend of H1 Gold is still down, shown by the gradually lower top and bottom structure. The current bullish cross pullback period can create a bear flag pattern - a chart pattern that continues the downward price trend. The main trend of H1 Gold today is to wait for selling from the resistances above.
💡 H1 trend: Gold moves sideways.
Today trading idea: Sell Gold.
XAUUSD - gold recovered strongly on MondayThe outcomes of Kitco News` weekly gold survey display that almost all of Wall Street analysts are expecting a lower in gold costs. Meanwhile, 1/2 of of retail investors polled nonetheless trust the valuable metallic ought to flow better withinside the coming days.
Lukman Otunuga, an professional at FXTM, stated that the current gold sell-off ought to create numerous downward strain on gold costs withinside the close to destiny. This week keeps to have little monetary information published.
Sharing the equal opinion, Colin Cieszynski, Chief Market Strategist at SIA Wealth Management, stated that the marketplace having a vacation consultation and the dearth of primary monetary occasions might also additionally motive gold costs to now no longer vary strongly on the stop of the month.
The gold marketplace is listening to inflation information with the center non-public intake expenditure index (PCE). This is the favored inflation degree of americaA Federal Reserve (Fed). At the modern-day boom rate, US annual inflation can be handiest 3%, or nonetheless lots better than the Fed's 2% target.
Investors trust that it is going to be hard for the Fed to reduce hobby quotes this summer. They are expecting the Fed will handiest behavior one reduce via way of means of the stop of the year.
Gold fee forecast
The brilliant monetary information this week is inflation information, economists will take note of the up to date GDP document and patron self belief information.
Evaluating the gold marketplace, Mr. Lukman Otunuga stated that gold costs ought to fall to the help degree of 2,three hundred USD/ounce or lower.
Meanwhile, Daniel Pavilonis, senior commodities dealer at RJO Futures, is constructive approximately gold's destiny prospects. He stated that after hobby quotes lower, gold costs ought to target $3,000.
XAUUSD - still full of potential for investorsLast week, international gold fees continuously "plunged" after breaking all of the information conquered in April. Kitco News`s present day weekly gold survey consequences confirmed that greater than 3-quarters of professionals accept as true with gold fees are strong or will fall withinside the close to term, at the same time as 1/2 of of retail buyers nonetheless accept as true with the treasured steel may want to pass better withinside the coming days.
Looking at gold's fluctuations remaining week, senior marketplace analyst Darin Newsom of Barchart.com stated that gold is probably to say no this week.
Sharing the equal view, Bannockburn Global the Forex market CEO Marc Chandler additionally sees similarly disadvantage dangers for gold withinside the close to future. According to Chandler, the cause gold set a document excessive early remaining week at 2,450 USD/ounce became due to the fact the marketplace reacted to facts associated with the coincidence that claimed the lifestyles of the President of Iran. However, the power of the USD triggered gold to be offered off and plummet to almost 2,three hundred USD/ounce.
Besides, the lower in call for for gold from Chinese buyers is likewise a drawback for this treasured steel. Chandler forecasts that gold's preliminary resistance this week is at $2,375/ounce. Support is withinside the variety of $2,275 to $2,three hundred according to ounce.
Market strategist Colin Cieszynski of SIA Wealth Management is impartial on gold this week. He stated that the gold marketplace may be quiet this week with out essential events.
Reports launched this week include: Consumer self assurance record, initial record on GDP withinside the first sector of the US, weekly unemployment gain applications, pending domestic sales, Personal intake expenditure reviews at the side of non-public profits reviews withinside the US.
Meanwhile, Chairman Adrian Day of Adrian Day Asset Management believes withinside the power of gold with the expectancy that the marketplace will witness a healing after a first-rate sell-off remaining weekend. Gold's resilience to any decline in fees during the last 3 months has been astonishing, he stated.
Sharing the equal positive view, senior commodity dealer Daniel Pavilonis of RJO Futures stated that the latest decline in gold fees simplest lasted for a brief time and that is a shopping for possibility for buyers. Pavilonis predicts that this treasured steel will probably boom to 3,000 USD/ounce. If the Fed loosens financial policy, gold fees will boom even greater.
Gold Rush: Fund Managers Flock to Record-Breaking Gold PricesGold is gleaming brighter than ever. Earlier this week, prices surged to record highs, igniting a firestorm of bullish sentiment among fund managers. This marks the most optimistic outlAook for the precious metal in over four years, according to a recent report. This article delves into the factors driving this renewed enthusiasm for gold and explores the potential implications for investors.
A Record-Breaking Rally
Gold's recent price surge is undeniable. Fueled by a confluence of global uncertainties, the yellow metal has reached uncharted territory. Investors are witnessing a classic case of safe-haven buying, where gold is perceived as a reliable store of value during times of economic and geopolitical turmoil.
Fund Managers Turn Bullish
This record-breaking rally has not gone unnoticed by professional investors. Fund managers, who meticulously analyze market trends and identify investment opportunities, have become the most bullish on gold in over four years. This shift in sentiment is evident in their actions. Data reveals a significant increase in net-long positions in Comex gold futures and options by hedge funds and other large speculators.
What's Driving the Gold Rush?
Several factors are contributing to the current gold rush:
• Geopolitical Tensions: Ongoing conflicts and regional instability create uncertainty in the global economy, prompting investors to seek safe-haven assets like gold.
• Inflation Woes: Rising inflation erodes the purchasing power of traditional currencies. Gold, with its historical reputation for holding its value, becomes an attractive hedge against inflation.
• Central Bank Activity: Central banks around the world, particularly in major economies, are adopting accommodative monetary policies to stimulate growth. This can lead to concerns about potential currency devaluation, further bolstering the case for gold.
• Demand from Asia: Robust demand for gold from major Asian economies, particularly China and India, continues to provide significant support for prices. These regions have a long-standing cultural affinity for gold, driving both consumer and industrial demand.
Is This a Sustainable Trend?
The sustainability of this bullish trend for gold remains a question mark. Here are some factors to consider:
• The Global Economic Outlook: If the global economy strengthens and geopolitical tensions ease, the demand for safe-haven assets like gold could decline.
• Interest Rate Movements: Rising interest rates can make gold, a non-interest-bearing asset, less attractive to investors compared to interest-bearing alternatives.
• The Strength of the US Dollar: The US dollar has a strong inverse relationship with gold prices. A strengthening dollar can put downward pressure on gold prices.
Investing in Gold: Weighing the Options
Gold's recent resurgence has sparked renewed interest from investors. However, there are various ways to participate in the gold market, each with its own advantages and disadvantages:
• Physical Gold: Investing in physical gold bars or coins offers direct ownership of the metal. However, there are storage and security considerations associated with this approach.
• Gold ETFs: Exchange-traded funds (ETFs) backed by physical gold provide a convenient and liquid way to invest. These offer lower barriers to entry compared to physical gold.
• Gold Mining Stocks: Investing in gold mining companies offers the potential for amplified returns if gold prices continue to rise. However, these stocks are subject to the inherent risks associated with the mining industry.
Conclusion
The record-breaking rise in gold prices and the bullish sentiment from fund managers present an intriguing opportunity for investors. However, careful consideration of the driving forces behind this trend and a thorough evaluation of investment options are crucial before diving into the gold market. Understanding your risk tolerance and long-term investment goals will help you decide if gold has a place in your portfolio. It's important to remember that past performance is not indicative of future results, and even safe-haven assets like gold can experience price fluctuations.