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Xauusddaily

Will gold rise?Intraday trading has made 3 consecutive profits!Gold rebounded from its lowest in 1974 yesterday, and its highest has rebounded to near 2001. Is the gold market about to reverse and return to the upward trend? I don't think so, because gold is currently in the form of flag-shaped consolidation in the short term, and it has encountered obstacles at the channel line many times. Before effectively standing on the flag-shaped channel line, gold is still in a weak position.According to the structure of gold, only when gold is effectively standing above the 2010-2015 resistance area can gold be judged from weak to strong. At present, gold has fallen below 1990 many times in the short term, which also proves that gold has still not reversed its decline, so there is still room for gold to pull back.It is precisely because of this that the gold we sold around 1998-2000 three times in a row during the day has achieved very good returns, which has added a touch of color to our income today. In the short term, the top of gold first pays attention to the resistance near 2000, and further pays attention to the resistance near 2008-2010; the bottom pays attention to the support of 1985, and further pays attention to the support of 1976.
OANDA:XAUUSDShort
by Short-term-king
XAUUSD: Buyer's long-term strategy!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ The world's reserve currency has been misused by American politicians, bureaucrats, and central bankers who have failed to manage their finances responsibly. Instead, they have recklessly increased their debt to other countries, which has led to a growing concern among international central banks. They fear that the debt will not be repaid in a fair currency but instead in rapidly declining Federal Reserve notes. This realization has prompted an unprecedented increase in sovereign gold purchases by foreign central banks, who are aware of the risks involved. It is crucial that individual investors also recognize the situation before it is too late to protect themselves from a potential currency crisis. Note: Full TP, SL for winning the market and safe trading!
OANDA:XAUUSDLong
by Sphyn-Trader
15
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway, we expect that GOLD will go UP to 2070 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUSD: Bullish Pennant!In early Asia, the gold price XAUUSD is under significant strain due to the increase in pressure to use US inflation, following OPEC+'s surprising announcement of production cuts at the end of the week. The valuable metal has fallen below $1960.00 as there is hope that the Federal Reserve (Fed) will maintain higher interest rates for a longer period. With the expectation of a boost in the US growth rate, higher oil prices resulting from conflicting output cuts will make it impossible for the Fed to maintain a stable monetary policy in May. The US Dollar Index (DXY) exceeded 102.70 due to the anticipation that the Federal Reserve (Fed) will continue to increase interest rates by 25 basis points (bps) to reach 5.00-5.25%. As a result, S&P500 futures contracts experienced a significant decline during early Asia, indicating a need for caution regarding the general appetite for risk. No information has been left out in this paraphrased text. The Relative Strength Index (RSI) (14) has entered a descending range between 20.00-40.00, indicating that Gold must experience a decline in order to maintain its upward momentum. No information has been left out in this paraphrased text.
OANDA:XAUUSDLong
by Sphyn-Trader
3
XAUUSD (GOLD) Daily: 13/03/2023: Bear or...? As you can see, from my perspective, since there is an important supply zone in front of the gold price, gold can have a bearish move. Please pay attention to the strong upward move; we need a lower time frame confirmation for selling. we can define two different areas as selling areas: 1- 1925- 1930 2- 1951- 1960 Targets: 1911 1891 1860 1844 1816 1798 💥Important note: It is not investment advice, so do your own research.💥 💡Wait for the update! 🗓️13/03/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
OANDA:XAUUSDShort
by VahidTradingCR
3
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway we expect that GOLD will go UP to 1959 LEVEL. Before that, GOLD may go down to the 1785 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
1
Gold (XAUUSD) trading commentary for the week of 6/3-10/3/2023world gold price closed the last session of the week at 1,857 USD/ounce, a sharp increase of 20 USD compared to the same time price of 1,837 USD/ounce the previous day. Last night, the world gold price fluctuated in the context of many speculations that in March 2022, the US will not raise interest rates beyond the market's expectation of 0.25 percentage points. Immediately, the money market reacted. The USD depreciated against many other currencies, creating impetus for the gold price to go up today. On the other hand, the Institute of Supply Management (USA) announced that the non-manufacturing index for February 2023 reached 55.1 points, exceeding the market's expectation of 54.5 points, showing the economic status of the US. pretty solid Support Level: 1,825.90 1,812.20 1,803.00 Resistance: 1,863.70 1,877.50 Recommendations for trading gold: Buy soup at the price range 1824 - 1826 Stop Loss: 1821 Take profit 1: 1835 Take profit 2:1840 Take profit 3: 1850 Canh sell at the price range 1862 - 1863 Stop Loss: 1869 Take profit 1: 1850 Take profit 2:1845 Take profit 3: 1840 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSD
by DNAchampions
GOLD ( XAUUSD ) March 2, 2023Gold price advanced to the highest level in almost a week in the first half of Wednesday’s trading, as the US Dollar was thrown under the bus following the release of strong-than-expected China’s February Manufacturing and Services PMI data, which triggered a risk rally in global stocks. However, the upside in the Gold price remained capped, as the risk-on market profile aided the rebound in the US Treasury bond yields across the curve even though investors continued to weigh the prospects of a ‘soft-landing’. In American trading, Gold price pulled back further from daily highs of $1,845 after the United States ISM Manufacturing PMI slowed down its pace of contraction in February and saved the day for the US Dollar bulls. The US Dollar staged a decent comeback alongside the US Treasury bond yields after the US ISM Prices Paid sub-index jumped to 51.3 in February vs. 45.0 expected and 44.5 last. This is one of the main parameters that the US Federal Reserve (Fed) looks into to gauge the inflation trend. Strong ISM Price Paid data reinforced expectations that the Federal Reserve will keep rates higher for longer, with markets expecting the Fed's target rate to peak at 5.465% in September. Support levels: 1,825.90 1,812.20 1,803.00 Resistance levels: 1,848.00 1,863.70 1,877.50 Recommendations for trading gold: Buy GOLD 1830 - 1829 Stop Loss: 1825 Take profit 1: 1835 Take profit 2:1840 Take profit 3: 1850 Sell GOLD 1845 -1846 Stop Loss: 1850 Take profit 1: 1835 Take profit 2:1830 Take profit 3: 1825 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSD
by DNAchampions
Gold market commentary (XAUUSD) on 2/3/2023Gold prices rallied in the first half of the trading week, breaking out of the bearish trend that has dominated XAU/USD price action for most of February, following the surprisingly hot US Nonfarm Payrolls report. The US 10-year Treasury yields are once again facing super-thick resistance at 4%, which is putting a hard limit on further US Dollar appreciation in the trading days. recent translation. While the yield on 10-year US Treasuries can't break above this level, the gold bulls have the upper hand. Support level: 1,803.00 1,791.20 1,784.60 Resistance levels: 1,841.10 1,863.70 1,877.50 Recommendations for trading gold: Buy 1830 - 1829 Stop Loss: 1825 Take profit 1: 1835 Take profit 2:1840 Take profit 3: 1850 Sell 1845 -1846 Stop Loss: 1850 Take profit 1: 1835 Take profit 2:1830 Take profit 3: 1825 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSDShort
by DNAchampions
Gold trading on 1/3/2023Gold price gained traction and climbed above $1,820 after having spent the first half of the day in a tight range near $1,810. Although the benchmark 10-year US T-bond yield stays in positive territory near $3.95%, the renewed US Dollar weakness fuels the pair's rebound on Tuesday. Financial markets have been a two-tale story for the early part of 2023, in which Gold price has reflected in its price action like no other asset. XAU/USD rode an uptrend during all of January with the market optimism about inflation slowing down and constant Federal Reserve dovish talk, only to see a drastic turnaround back to the old dynamics in February after a hot US Nonfarm Payrolls (NFP) report. The US economy adding more than 500K jobs in the month of January shifted the market expectations for the Fed easing its monetary policy, and the US Dollar has come back to the market King throne. Gold price opened the year at $1,823.76 and reached a year-to-date high of $1,960 on February 2, right in between the first Federal Reserve meeting of the year and the surprising release of the US jobs report for January. Since then, the ongoing downtrend has been relentless, reaching levels below the yearly open, around $1,800. Support level: 1,806.50 1,791.20 1,784.60 Resistances: 1,821.60 1,834.00 1,845.99 Trading recommendation: Sell 1825 1824 Stop loss 1827 Take profit 1: 1810 Take profit 2: 1807 Take profit 3: 1800 Note: Always set TP and SL in all trading cases If you have any questions or support, please leave a comment
OANDA:XAUUSDShort
by DNAchampions
XAUUSD - Daily Trade Idea - 13-Feb-23XAUUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
FOREXCOM:XAUUSDShort
by onelinkFX
XAUUSD - Daily Trade Idea - 10-Feb-23XAUUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
FOREXCOM:XAUUSDShort
by onelinkFX
XAUUSD - Daily Trade Idea - 9-Feb-23XAUUSD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (50 pips), TP 2 (100 pips) , TP 3 (200 pips) and EXIT (SL - 100 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
FOREXCOM:XAUUSDShort
by onelinkFX