Get started

Xauusdforecast

XAUUSD | GOLDSPOT | New perspective | follow-up detail [15 - 19]In this video, we delve into the recent surge in Gold’s price, breaking above $2,400 on Friday, driven by speculation that the Federal Reserve (Fed) might start its easing cycle in September. But is this just a temporary spike, or the beginning of a powerful gold bull run? 🤔 To navigate this market, we need to have a deep insight into the market dynamics driving gold's recent surge: 📉 US Yields & Market Reactions US yields are collapsing, with the 10-year Treasury note yield dropping 10 basis points to 4.187%. This significant movement has set the stage for potential rate cuts by the Fed. 📊 Inflation & Employment Data Insights Data from the US Bureau of Labor Statistics (BLS) revealed deflation in consumer prices for June. Core prices, excluding volatile items like food and energy, also dipped, reigniting hopes for a Fed rate cut in 2024. The CME FedWatch Tool now shows an 85% chance of a quarter-point rate cut in September, up from 70% just days earlier. 👷 Robust Labor Market Despite inflation concerns, the labor market remains strong. Unemployment benefit claims came in lower than expected, presenting a balanced Goldilocks scenario where inflation decreases while employment stays robust, with no signs of an impending recession. 🎙️ Federal Reserve Signals Federal Chair Jerome Powell highlighted labor market risks, noting considerable softening. This, combined with ebbing inflation pressures, opens the door for potential rate cuts by the U.S. central bank in September. 🚀 Future Trends & Market Dynamics The path of least resistance for Gold is to the upside. But how will the upward momentum unfold? In this video, we provide a detailed understanding of the current market dynamics and a comprehensive plan to capitalize on upcoming opportunities. XAUUSD Technical Overview: We took a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives. Our attention is fixed on the key level at $2,390 for the upcoming week. This historically significant mark is poised to steer trading dynamics. If we see sustained momentum above this level, it could fuel further buying interest and potentially pave the way for fresh highs. Conversely, a move below $2,390 might signal a resurgence of bearish sentiment. Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights! #GoldAnalysis #ForexTrading #GoldMarket #FederalReserve #TradingStrategy #MarketInsights #USYields #InflationData #EmploymentData #FinancialMarkets #GoldPrice #Investing #TradingTips #ForexEducation📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
PEPPERSTONE:XAUUSD
by darcsherry
XAU/USD 18 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS, printing an all time high. I have been previously mentioning that price could be seeking further liquidity to fuel it's bearish pullback phase and price could create a higher high to bring CHoCH positioning closer to current price action to allow for a more realistic indication of pullback phase. This again, is precisely what happened. Price has printed all time high and CHoCH positioning has been brought closer to current price action. CHoCH positioning is denoted with a blue horizontal dotted line. 50% EQ for swing structure is denoted in black. 50% EQ for internal structure is denoted in blue. Price has printed a bearish CHoCH indicating bearish pullback phase initiation, however, price has been unable to sustain it's bearish pullback phase and seems to be targeting the weak internal high. Intraday expectation: Price has been unable to sustain it's bearish pullback phase. I would therefore stand aside an wait for price to confirm. It may be possible that price will print a higher high which would bring the internal low closer to current price action allowing for more realistic confirmation of bearish pullback phase initiation. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed a bearish iBOS which confirms swing pullback phase initiation of the swing structure and has also confirmed swing range, however, I will be monitoring this. Intraday expectation: Internal structure is bearish, swing and internal high are positioned the same making swing high weak but the internal high strong. I would therefore stand aside and wait to see how price reacts at M15 supply level before taking action. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Don’t be afraid of the double shoulder top. Gold will rise again When the buy order reached the target position of 2482 and closed, the market fell again. The current price is around 2462, and I think the buy point is coming again. If you are still losing money or don't know how to trade, then you should contact me and increase your account. Don't let procrastination and hesitation lose you money. COMEX_MINI:MGC1! NYMEX:MCL1! BINANCE:BTCUSDT FX:GBPUSD TVC:DXY MCX:CRUDEOIL1! NYMEX:WTI1! COINBASE:BTCUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD MCX:GOLD1! TVC:GOLD
TVC:GOLDLong
by NelsonPenn
It's time to short gold. Horrible data is about to be released You saw this post before. Then you must be lucky. Because the gold price rose from 2372 to 2443. Today's news will be updated soon. The market will fall sharply under the influence of the horrific data. I was sent by God to save you. If you missed the last rise, then go short this time. You'd better not miss it. Otherwise, you will regret not following the guidance of the messenger. NYMEX:WTI1! COMEX:GC1! OANDA:XAUUSD MCX:GOLD1! TVC:GOLD FX:GBPUSD TVC:DXY COINBASE:BTCUSD MCX:CRUDEOIL1!
TVC:GOLDShort
by NelsonPenn
75: Record Gold Prices What’s Driving the Surge and What’s Next?The price of gold has recently surged to a new all-time high, driven by the anticipation of interest rate cuts by the U.S. Federal Reserve. Gold traders are predicting that the Federal Reserve will implement two rate cuts this year, which is boosting the appeal of gold as a safe-haven asset. Historically, when interest rates are low, gold prices rise due to the decreased opportunity cost of holding non-yielding assets. Additionally, ongoing geopolitical uncertainties and economic instability are further supporting the demand for gold. Central banks around the world, including China, have been significantly increasing their gold reserves, contributing to the rising prices. This accumulation of gold by central banks indicates confidence in gold's enduring value, which in turn encourages other investors to follow suit. As the Federal Reserve aims to stimulate the economy through lower interest rates, the weakening U.S. dollar makes gold more attractive to foreign investors, further pushing its price upwards. New high reached $2482.35 - what are the expectations? Bullish Scenario: At the moment, a new high has been reached with substantial buying pressure. The buying pressure is evident with the almost straight line up. Given this scenario, the risk of shorting is high. However, when new highs are reached, it's prudent to hedge long positions. You might consider shorting on a lower time frame, targeting $2420.61. The support level around $2420.61 is clearly identifiable. We could see a retest of this level, presenting an opportunity to initiate new long positions. There is also a possibility that prices will continue to rise. If buying pressure continues, we could see new highs beyond $2482.35, pushing the gold price even further. Bearish Scenario: If we lose the support level at $2420.61, it becomes apparent that we should look for short positions and new local lows. In this case, the decline could indicate a reversal in the current bullish trend. The break below this support could lead to a further drop in prices, potentially targeting lower support levels. Traders should watch for signs of weakening momentum and be prepared to shift strategies if the market sentiment turns bearish.
TVC:GOLD
by SeventyFive-Invest
1
XAUUSD Gold Technical Analysis and Trade Idea👉🔍In this video, we closely examine XAUUSD Gold. Recently, Gold has experienced a strong bullish rally but now appears overextended and has reached a key resistance level. Given this overextended move, I'm looking for a buy opportunity on a Fibonacci retracement. In the video, I share my insights on price action, market structure, and the trend. Remember, this content is for educational purposes only and not financial advice. Trading carries significant risk, so it's important to use responsible risk management strategies. 📊✅
FOREXCOM:XAUUSDLong
by fxtraderanthony
XAU/USD 16 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. I have previously mentioned on a few occasions that I was concerned that price has not pulled back deep enough into either discount of internal 50% EQ or tapped in to any POI's. I also mentioned that price could be seeking further liquidity to fuel it's bearish pullback phase and that price could create a higher high to bring CHoCH positioning closer to current price action to allow for. This is precisely what happened. Price has printed a higher high and CHoCH positioning has been brought closer to current price action. CHoCH positioning is denoted with a blue horizontal dotted line. Intraday expectation: Allow price to continue it's bullish momentum as price could potentially print a further higher high which would bring CHoCH positioning even closer to current price action. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Yesterday's intraday expectation was not met with price breaching strong high printing a double bullish iBOS. This was not unexpected H4 was continuing it's bullish leg. After bullish iBOS price printed bearish CHoCH, traded down to discount of 50% EQ and reacted at M15 POI. Intraday expectation: Technically, internal structure is bullish and price is obviously targeting weak internal high, therefore, price should print a bullish iBOS. However, we need to remain mindful that H4 could initiate pullback at any moment, therefore, limiting M15 bullish momentum. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold prices are on a roll, climbing for the third consecutive quarter! What's driving this surge? 👀 It's all about inflation and the Federal Reserve. This gain comes after a key U.S. inflation gauge, favored by the Federal Reserve, was broadly in line with expectations, fueling hopes of potential interest rate cuts by September. On Friday, market sentiment shifted as traders bet on the Federal Reserve cutting interest rates by September and again in December. This speculation followed the Personal Consumption Expenditures (PCE) Index report, which showed no inflation rise from April to May. The PCE's steady data and moderate consumer spending have influenced this outlook. Despite Richmond Fed President Thomas Barkin's neutral stance on rate cuts and San Francisco Fed President Mary Daly's positive remarks on current policy effectiveness, the market remains hopeful. Economic indicators, including declining business spending on equipment and a widening goods trade deficit, underscore a slowing economic momentum. This, combined with a weakened dollar and falling benchmark 10-year yields, has made gold more attractive to investors. According to the CME FedWatch tool, traders are now pricing in an 89% chance of a Fed rate cut in September, up from 64% before the latest inflation data release. This video will show you how I plan to position for the next move in the gold market. XAUUSD Technical Overview: In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives. Our attention is still fixed on the key level at $2,330 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,330 might signal a resurgence of bearish sentiment. Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights. #GoldPrices #XAUUSD #MarketAnalysis #FedRateCut #TradingStrategy #EconomicIndicators #ForexTrading #Investment #MarketSentiment #CMEFedWatch #FinancialNews📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
EIGHTCAP:XAUUSD
by darcsherry
4
XAUUSD | GOLDSPOT | New perspective | follow-up detailsIn this video, we delve into the recent reversal of gold prices, which saw a decline of over 1.70% on Friday. This shift comes on the heels of robust economic data from the United States, leading investors to adjust their expectations for future Federal Reserve interest rate cuts. Currently, XAU/USD is trading at $2,317, below its opening price and after reaching a daily high of $2,368. The US economy has presented mixed signals regarding its strength. On one hand, S&P Global’s June PMI readings exceeded estimates and outperformed May’s figures, indicating resilience. On the other hand, the housing sector showed signs of weakness, with May's Existing Home Sales falling short of expectations and decreasing compared to April's data. With this backdrop, we explore whether gold prices will continue their downward correction after a three-month rally that began in March or if there's potential for an uptrend continuation, given that the price remains within a familiar demand zone. Additionally, we highlight insights from the World Gold Council’s annual survey, which revealed that 81% of respondents anticipate an increase in global central bank gold reserves over the next year, up from 71% a year ago. Despite high prices, more central banks plan to bolster their gold reserves due to ongoing macroeconomic and political uncertainty. This development suggests that the path of least resistance for gold may still be upward, although we cannot discount the potential influence of sellers. XAUUSD Technical Overview: In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives. Our attention is still fixed on the key level at $2,320 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,320 might signal a resurgence of bearish sentiment. Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights. #GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips #GoldPrices #XAUUSD #GoldAnalysis #FederalReserve #USEconomy #PMI #HousingMarket #WorldGoldCouncil #CentralBanks #MarketTrends #Investment #EconomicData #Forex #Trading #MarketAnalysis #GoldReserves📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
PEPPERSTONE:XAUUSD
by darcsherry
2
XAUUSD | GOLDSPOT | New perspective | follow-up detail [8 - 12]The gold price just hit a one-month high, and the Fed's next move is on everyone's mind! The June US Nonfarm Payrolls (NFP) report showed a stronger-than-expected jobs gain, but revisions to previous months hinted at a cooling labor market. 📉 While average hourly earnings stayed flat month-over-month, they declined year-over-year, adding to concerns about economic growth. All eyes are on the Fed: The recent string of weak economic data has increased expectations for an interest rate cut by September. The CME FedWatch tool shows the probability of a rate cut has jumped to 72%! 🚀 But it's not just the US economy driving gold's gains: The ongoing conflicts in the Middle East and Ukraine, along with the BRICS bloc's push for de-dollarization, are boosting demand for gold as a safe haven asset. 🛡️ This video breaks down the key market forces shaping gold's price, and how I'm using historical data on the charts and the economic calendar to plan my trading strategy this week. This analysis is crucial for understanding the current market trends and making informed decisions. XAUUSD Technical Overview: In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives. Our attention is still fixed on the key level at $2,350 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,350 might signal a resurgence of bearish sentiment. Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights. #Gold #GoldPrice #Fed #InterestRates #MarketAnalysis #Trading #EconomicCalendar #Geopolitics #BRICS #DeDollarization📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by darcsherry
1
XAU/USD 12 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. As previously mentioned, following bullish iBOS price did not pull back significantly enough to indicate bearish pullback initiation which could indicate that price is seeking further liquidity to fuel its drive down. I also previously mentioned that price could also create a new high, higher than the current fractal high to bring CHoCH positioning closer to current price action and tap into daily supply zone. This is precisely what happened which was also assisted by yesterday's US CPI reading. Intraday expectation: Following bullish iBOS price is expected to pull back to print a bearish iBOS which would indicate, but not confirm bearish pullback initiation Price should react at discount of 50% EQ of the internal structure (50% EQ denoted in blue) or H4 demand zone before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS which was assisted by yesterdays US CPI reading. Following pullback, bearish pullback initiation began after reaction from daily supply zone where price printed a bearish CHoCH to indicate, but not confirm bearish pullback initiation. Intraday expectation: Technically price should target weak internal high as price is currently the discount zone of 50% EQ with internal structure being bullish, however, we should be mindful that H4 remains in bearish pullback phase, therefore, I would not be surprised if price printed a bearish iBOS. M15 Chart:
OANDA:XAUUSD
by Khan_YIK