Get started

Xauusdforecast

Gold's Resilience: Insights from a Financial AnalystIn the realm of financial analysis, gold stands as an enduring symbol of stability and wealth preservation. Its timeless allure and intrinsic value have captivated investors for generations, offering a unique perspective into the intricacies of global markets. At its essence, gold represents a beacon of stability amidst economic turbulence. As a financial analyst, exploring the nuances of gold unveils a compelling narrative shaped by a myriad of factors, from geopolitical tensions to macroeconomic trends. One of gold's defining characteristics is its role as a safe haven asset. During times of uncertainty, investors flock to gold as a store of value, seeking refuge from volatile equities and fluctuating currencies. This flight to safety dynamics often drives demand and influences price movements in the gold market. Furthermore, gold's dual nature as both a commodity and a currency adds layers of complexity to its analysis. Its industrial applications, particularly in sectors like electronics and healthcare, contribute to its demand dynamics, while its historical significance as a monetary asset continues to resonate in today's financial landscape. Navigating the intricacies of the gold market requires a nuanced understanding of supply and demand dynamics. Factors such as mining production, central bank policies, and investor sentiment all play pivotal roles in shaping the trajectory of gold prices. Moreover, gold's interplay with other asset classes, such as equities and bonds, provides valuable insights into portfolio diversification strategies. Its low correlation with traditional financial instruments underscores its potential role as a hedge against systemic risk and inflationary pressures. In conclusion, analyzing gold through the lens of a financial analyst unveils a multifaceted narrative, rich with insights into global markets and investor behavior. Despite the ever-changing dynamics of the financial world, gold's resilience remains steadfast, offering both stability and opportunity to those who seek to understand its intricacies.
OANDA:XAUUSD
by AdmamTrade
Go long gold first, then go short goldDear friends, in today's gold trading, I successfully grabbed more than 43 points of profit, and made a total profit of more than 28K in gold trading today. I believe that if you have followed my trading signals, you will have a very good trading result as well. So how should we participate in gold trading next? From a graphic point of view, it can be found that gold's current bottom trend line support is in the 2165-2160 area, while the short-term support is in the 2172-2168 area, so gold may rebound again after touching these two areas. So relatively speaking, in gold trading, we can first go long gold based on the short-term support area, and the target can be 2185 and 2195. Of course, after gold rebounds to these two target positions, we can also consider shorting gold in this position area. There are many options for trading now, so you can still make a lot of profits from it. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDLong
by Trader_Manuel
4
Profited 28K from gold trading, continue to participate in gold Dear friends, today is a day of relatively high volatility for gold. After gold rose from around 2170 and hit around 2200, it fell back again during the US trading session. So far, it has fallen back to its lowest level near 2171. The total room for rise and fall is 60 US dollars. How much profit did you capture from it? In today's transaction, I successfully captured a profit of more than 43 points. I made a total profit of more than 28K in gold trading today. I think this is a relatively good result! So how should we participate in gold trading next? From a graphic point of view, we can find that the current bottom trend line support of gold is in the 2165-2160 area, while the short-term support is in the 2172-2168 area, so gold may rebound again after touching these two areas. So relatively speaking, in gold trading, we can first go long gold based on the short-term support area, and the target can be towards 2185 and 2195. Of course, after gold rebounds to these two target positions, we can also consider shorting gold in this position area. There are many options for trading now, so you can still make a lot of profits from it. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDLong
by MagicTrader_Manuel
1
Boldly short gold and wait to count the moneyDear friends, gold has risen rapidly in the short term, once soaring to around 2200. I believe many people in the market have gone crazy. Such a large increase in the short term is indeed beyond my expectations, but after the market madness, you need to calm down.I think this is a market washout for investors.The 2222 position is still an elusive position, so I think gold's current rebound is mainly around the 2200 integer mark, so I think this position area is an excellent location to place gold short orders. So judging from the current trend, although gold's short-term rebound to the 2200 mark looks very strong, I think it is more of a market washout. Therefore, in the face of this extreme market, we must be careful and at the same time be good at seizing trading opportunities. Because the profits obtained in this kind of opportunity will be much better than usual. Therefore, according to the current trend pattern, we should not easily chase long gold for the time being. On the contrary, we should be good at exploring opportunities and participate in short-term short gold trading. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
Gold fell back after rising high, short gold with eyes closedDear friends, gold was affected by geopolitical conflicts. Gold once soared to around 2200, which can be described as a desperate counterattack by the bulls. To be honest, the bulls and bears have been in a weak retracement situation recently, and the market is still slightly better than the bears. At present, gold continues to form a counter-draw situation, which I think is a washout move by the market against investors. The 2222 position is still an elusive position, so I think gold's current rebound is mainly around the 2200 integer mark, so I think this position area is an excellent location to place gold short orders. So judging from the current trend, although gold rebounded to the 2200 mark again with the help of market news, I think it is more of a washout in the market. Therefore, in the face of this extreme market, we must be careful and at the same time be good at seizing trading opportunities. Because the profits obtained in this kind of opportunity will be much better than usual. So at present, I am very much looking forward to the trend of gold rising and then falling back. Currently, I have participated in short gold trading. Of course, at the right price, you can also consider participating in short gold trading. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel
💡 XAUUSD: Maintained within a large amplitudeGold increased yesterday, but with a narrow increase range and an upper shadow, closing 1/2 of the range, and falling inside the large D1 bar first to create the Inside bar model, D1 gold showed yesterday to be weak increase day. Yesterday's price bar also narrowed fluctuations, forming bar NR4, which is the price bar with the narrowest range in the last 4 days. With the price action combo Inside Bar + NR4 created, gold D1 is deeply compressing the price, there may be strong price movement here. There have been no significant changes in the H1 gold chart structure. Price is still moving sideways within the price range. The current H1 gold chart structure is more bearish, so we can wait to sell H1 gold today from the above level. If the price breaks out, you can wait for a retest to buy.
OANDA:XAUUSDLong
by Stone_Haven
The Golden Thread: Insights from a Financial AnalystAs a financial analyst with a keen eye on market trends, I am often drawn to the timeless allure of gold and its intricate role within the global economy. In this discourse, I aim to unravel the multifaceted significance of gold as perceived through the lens of financial analysis. Gold, with its lustrous sheen and unparalleled scarcity, has long captivated the human imagination. Beyond its aesthetic appeal, gold serves as a cornerstone of stability in the tumultuous world of finance. As a safe-haven asset, it offers investors a hedge against volatility and economic uncertainty, preserving wealth through times of crisis. Moreover, gold's intrinsic value transcends cultural and historical boundaries, making it a universal symbol of wealth and prosperity. Its role as a store of value dates back centuries, underpinning the monetary systems of ancient civilizations and shaping the modern financial landscape. From a portfolio management perspective, gold's low correlation with traditional assets presents compelling opportunities for diversification. Its ability to mitigate risk and enhance risk-adjusted returns makes it an invaluable component of well-balanced investment strategies. Furthermore, gold's utility extends beyond its monetary value. With applications ranging from jewelry to electronics, gold plays a crucial role in various industrial sectors, ensuring sustained demand and market liquidity. In the face of evolving economic dynamics and geopolitical uncertainties, gold remains a steadfast anchor in the investment universe. Its enduring allure as a tangible asset with intrinsic value underscores its resilience amidst changing market conditions. As we navigate the complexities of the financial world, it's essential to recognize the significance of gold as more than just a commodity. It represents a timeless symbol of stability, wealth, and enduring value—a golden thread that weaves through the fabric of human history and financial markets alike. In conclusion, gold stands as a testament to the enduring power of beauty and value in an ever-changing world. As a financial analyst, I encourage investors to embrace the insights gleaned from this timeless asset and to appreciate its role in shaping the landscape of modern finance.
FOREXCOM:XAUUSD
by MIA_MASTER
2
Gold: A Strategic Asset in the Financial LandscapeAs a seasoned financial analyst, I find myself continuously intrigued by the enduring significance of gold within the ever-evolving dynamics of the global economy. In this discourse, I aim to elucidate the multifaceted role that gold plays as a strategic asset, offering insights that transcend its shimmering surface. Firstly, gold serves as a cornerstone of stability amidst the ebb and flow of financial markets. Its historical resilience in times of economic turmoil positions it as a reliable hedge against volatility, a characteristic cherished by investors seeking to safeguard their wealth in uncertain times. Furthermore, gold's intrinsic properties endow it with a unique allure that extends beyond its monetary value. As a tangible asset with a finite supply, gold embodies a sense of permanence and security—an attribute that resonates deeply with individuals and institutions alike. From a portfolio diversification perspective, gold's low correlation with traditional assets presents compelling opportunities for risk management. Its ability to maintain value across different market conditions underscores its utility as a strategic allocation within a well-balanced investment portfolio. Moreover, gold's role as a universal store of value transcends cultural and geographical boundaries, making it a potent symbol of wealth and prosperity throughout history. Its allure is not merely financial but also cultural, evoking sentiments of tradition, prestige, and beauty across civilizations. In the contemporary financial landscape, the strategic importance of gold is further underscored by its relevance in central bank reserves and institutional portfolios. The prudent allocation of gold assets underscores its enduring appeal as a strategic asset class with intrinsic value and wealth preservation attributes. In conclusion, gold stands as a beacon of stability and resilience in the ever-changing landscape of global finance. As a financial analyst, I advocate for a comprehensive understanding of gold's multifaceted role, recognizing its significance as not just a commodity but a strategic asset with profound implications for investors and economies worldwide.
FOREXCOM:XAUUSD
by LuxeFX_Trading
Unveiling the Mystique of Gold: A Journey Through History and BeGold, the radiant metal that has fascinated humanity for millennia, holds within its gleaming surface a story that transcends time. From the depths of ancient civilizations to the complexities of modern economies, the allure of gold persists, captivating hearts and minds alike. At its core, gold embodies a unique blend of qualities that elevate it beyond mere metal. Its shimmering hue symbolizes wealth, prestige, and beauty, casting a spell that enchants generations. But beyond its aesthetic appeal lies a deeper significance ingrained in human culture. Throughout history, gold has served as a universal currency, facilitating trade and commerce across continents. Its scarcity imbues it with inherent value, making it a coveted asset for individuals and nations alike. From the pharaohs of ancient Egypt to the treasuries of modern nations, gold has been revered as a store of wealth and a symbol of power. Yet, its significance extends far beyond material wealth. Gold holds a spiritual and cultural significance in many societies, symbolizing purity, divinity, and eternal life. From religious artifacts to ceremonial regalia, gold plays a central role in rituals and traditions worldwide. In the modern era, gold continues to hold sway as a hedge against economic uncertainty and inflation. Investors flock to it in times of market turmoil, seeking refuge in its timeless stability. Central banks bolster their reserves with gold, recognizing its intrinsic value as a safe haven asset. But perhaps, amidst the allure of its financial benefits, it's essential not to overlook the intangible value of gold—the stories it tells, the emotions it evokes, and the connections it fosters across cultures and generations. It's a symbol of human ingenuity, perseverance, and the enduring quest for beauty and meaning. As we embark on a journey through the annals of history, accompanied by the golden glow of ages past, let us pause to reflect on the timeless allure of gold. It's more than a metal; it's a testament to the human spirit—a beacon of hope, a symbol of prosperity, and a reminder of our shared humanity.
OANDA:XAUUSD
by AdmamTrade
Golden Whispers: Exploring the Timeless Allure of GoldIn the realm of wealth and allure, few elements captivate the human imagination like gold. It's not merely a metal; it's a symbol of power, prestige, and permanence. From ancient civilizations to modern economies, the story of gold is woven into the fabric of human history, resonating with tales of conquests, fortunes, and enduring value. Gold's allure transcends borders and cultures. It's a universal symbol of prosperity and stability, sought after by investors and cherished by collectors. Its lustrous sheen has inspired artisans and poets, while its scarcity has fueled economies and shaped nations. But what makes gold so special? Beyond its intrinsic beauty lies a unique set of properties that have made it the ultimate store of value throughout the ages. Its malleability allows it to be crafted into intricate jewelry, while its conductivity finds utility in technology and industry. Yet, perhaps its most alluring quality is its scarcity—a finite resource that adds to its mystique and value. In a world of uncertainty, gold stands as a beacon of stability. It's a hedge against inflation, a safe haven in times of crisis, and a timeless symbol of wealth preservation. Central banks hoard it, investors diversify with it, and individuals cherish it as a tangible asset in an increasingly digital world. But gold is more than just a commodity; it's a reflection of human desires and aspirations. It represents the pursuit of excellence, the quest for immortality, and the enduring legacy of civilizations long gone. Its story is intertwined with ours, a golden thread weaving through the tapestry of human history. As we gaze upon its radiant glow, we're reminded of our past triumphs and future ambitions. Gold whispers to us across the ages, beckoning us to uncover its secrets and embrace its timeless allure. In a world of constant change, it remains a steadfast companion, a symbol of hope, and a testament to the enduring power of beauty and value.
OANDA:XAUUSD
by Larissa-Trader
Xauusd's plan 26/03/3024World gold charges elevated with spot gold growing via way of means of 7.five USD to 2,170.eight USD/ounce. Gold futures remaining traded at 2,173 USD/ounce, up 13.2 USD as compared to the day prior to this morning. Prices for the yellow steel rose barely in early buying and selling as traders awaited key financial information and feedback from US Federal Reserve (Fed) officers this week for similarly confirmation. loosening economic coverage of americaA Central Bank. The marketplace is presently expecting weekly preliminary jobless claims information to be launched on March 28 and middle non-public intake expenditure index (PCE) information anticipated to be launched. the day after that. However, due to the fact the marketplace can be closed this Friday because the US closes for the Good Friday holiday, PCE information will now no longer have an effect on gold till early subsequent week. Research professional Kunal Shah of Nirmal Bang Commodities predicts that US inflation signs could have a huge effect at the gold marketplace. According to him, any PCE discern decrease than anticipated will weaken the USD and push up gold charges and vice versa.
OANDA:XAUUSDShort
by MrTrongVo
The bulls or bears have not yet shown their absolute strength-gold these days has no sturdy fluctuations in news, so we are able to nonetheless observe yesterday`s plan. -GOLD complete residence Canh Sell across the location 2176>2180 SL 2182 TP 2166>215x. (You can do not forget dividing the buying and selling extent and promoting from 217x-218x) -It's essential to usually control your capital and feature SL. -In my opinion, GOLD has now no longer but damaged thru the region I analyzed and it has now no longer but extended Strong, everyone. Take it slow with this plan, do not rush everyone!! ----NEWS------------ Prices for the yellow steel rose barely in early buying and selling as traders awaited key monetary records and feedback from US Federal Reserve (Fed) officers this week for in addition confirmation. loosening financial coverage of americaA Central Bank. The marketplace is presently awaiting weekly preliminary jobless claims records to be launched on March 28 and center private intake expenditure index (PCE) records predicted to be launched. the day after that. However, due to the fact the marketplace could be closed this Friday because the US closes for the Good Friday holiday, PCE records will now no longer have an effect on gold till early subsequent week. Research professional Kunal Shah of Nirmal Bang Commodities predicts that US inflation signs could have a substantial effect at the gold marketplace. According to him, any PCE parent decrease than predicted will weaken the USD and push up gold costs and vice versa. However, Shah stated, the long-time period outlook for gold stays vivid because of expectancies of a coverage pivot this year, robust call for from principal banks and ongoing conflicts. TD Securities commodity strategist Bart Melek predicts that gold should without problems hit $2,300/ounce or better withinside the 2nd area as buyers who've up to now been hesitant to go into the marketplace may also greater boldly while the opportunity of hobby fee cuts is confirmed. However, robust monetary records should ship gold costs decrease. World gold costs set a brand new top final week after Fed Chairman Jerome Powell stated americaA Central Bank nevertheless has the capacity to lessen hobby quotes through three-quarters of a percent factor in 2024. Traders are pricing 70 % possibility that the Fed will reduce hobby quotes in June, expanded in comparison to earlier than the coverage meeting. In addition, the statements of a chain of Fed officers this week also are awaited through the marketplace.
OANDA:XAUUSDShort
by TheLeader_WOLF
A sure-win trade: Shorting goldDear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold. For specific details, you can refer to my previous article. First, go long gold near the 2165 position; second, short gold in batches in the 2175-2180 area. Judging from the current trend, although gold touched near the 2181 position during the rebound, the upper shadow line on the candle chart has grown, proving that there is still very strong resistance above, and the trend has surged higher and fallen back, with an obvious peaking callback signal. If gold fails to break through the key area of 2180-2185, then gold is expected to usher in a correction phase and continue to fall under pressure. In terms of trading, even though our gold short position has not yet hit TP, we currently have a pretty good profit, and we can continue to hold it and wait for the profit to increase significantly. I will share detailed trading ideas and trading signals every day to help everyone grasp the rhythm of market trading. If you are currently losing money, I am confident that I can help you turn losses into profits in a short period of time; if you are currently making profits, I am more capable of helping you increase profits. If you want to seize more trading opportunities and profits, you can follow the channel at the bottom of the article to get detailed trading signals and trading strategies in the first time.
OANDA:XAUUSDShort
by MagicTrader_Manuel
Gold will continue to fall and profits are about to flyDear friends, gold fell back again after hitting near 2181 during the rebound, and is currently trading near 2175. My trading idea today is very simple. First of all, the rhythm of short trading is still maintained overall, but the short-term level constitutes a head and shoulders bottom pattern, so in terms of trading, we first go long gold, and then short gold. For specific details, you can refer to my previous article. First, go long gold near the 2165 position; second, short gold in batches in the 2175-2180 area. Judging from the current trend, although gold touched near the 2181 position during the rebound, the candle chart closed with a long upper shadow line, proving that there is still strong resistance above. And if gold can never break through the 2185 position, then there will be a wave of downward trend in gold. This is also the reason why I am not in a hurry to close my position even though gold is currently profitable! So on the trading side, currently our gold short position has not hit TP. But you don’t need to worry, I will accompany you through this lonely journey. And I guarantee you’ll make money on this deal.I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
Grasping the golden rhythm of short selling means making moneyDear friends, gold reached a record high of 2222 after the interest rate decision last week. However, as the U.S. dollar index rose again, gold fell off a cliff. Gold is currently trading at 2165. Judging from the candlestick chart, although gold touched a high of 2222, we can see that the entity closed below 2195 on the daily chart, so this is obviously a sweep. Then there is no reason for gold to reach a new high, and it is even difficult to break through the 2195 position. Then gold will continue to adjust downwards, but judging from the current strength of its decline, gold will still continue its shock-like decline, so we need to wait until the right position to short gold. Gold is currently trading at 2165. You certainly cannot short gold directly at this position. We first focus on the 2175-2180 resistance area above. I share detailed trading ideas and trading strategies every day, hoping to help all my followers continue to make profits in the market! If you are worried about missing trading opportunities, you can follow the channel at the bottom of the article to get detailed trading signals, trading strategies, trading lots, and TP and SL in the first time.
OANDA:XAUUSDShort
by Trader_Manuel
Gold Trading Analysis Strategy What needs special attention this week is that the price of gold will rise in the short term, and various news will also affect the trend of gold prices. In early trading in the Asian market on Monday, spot gold suddenly rose sharply in the short term. The price of gold just exceeded US$2,176 per ounce, rising by more than US$11 during the day. The latest geopolitical tensions have spurred rising risk aversion in the market, which has driven gold prices higher. Therefore, it is particularly important to accurately judge the influence of the message and grasp the rhythm at this time. If an individual trades blindly, the probability of losing money will be very high. In my trading last week, all predictions were perfectly verified, and the rhythm of rise and fall was also perfectly controlled. Therefore, this also brings better profits to my VIP customers. Therefore, my suggestion is that if the gold price does not touch the $2,180 position line, you can wait and see. If the gold price breaks through $2,180, you can go short at the right trading time. If you also want to get detailed trading signals in your trading And if you get satisfactory profits or encounter some problems during the transaction, you can contact me. I hope that with my help, you can also earn a lot of income!
OANDA:XAUUSDShort
by Gold_Digger_King
Navigating the Golden Path: Insights from Financial AnalysisIn the realm of finance, gold stands as a beacon of stability and value, captivating both investors and financial analysts alike. Unraveling the complexities surrounding gold offers invaluable insights into market trends and investment strategies. At its core, gold embodies both tangible and intangible worth. Its scarcity and enduring demand make it a coveted asset for wealth preservation, particularly during times of economic uncertainty. Analyzing the factors influencing gold prices requires a comprehensive understanding of market dynamics. Geopolitical tensions, central bank policies, and macroeconomic indicators all exert significant influence on gold's performance. Moreover, gold's versatility extends beyond traditional investment channels. Its applications in jewelry, technology, and industry contribute to its demand profile, shaping its market dynamics in unique ways. As financial analysts, navigating the nuances of the gold market involves a multifaceted approach. Conducting thorough research, analyzing historical trends, and staying abreast of global developments are essential for making informed investment decisions. In conclusion, gold remains a cornerstone asset in the financial world, offering stability and diversification benefits to investors. By approaching gold analysis with the expertise of a financial analyst, one can gain valuable insights into its role within the broader economic landscape and capitalize on emerging opportunities.
OANDA:XAUUSD
by CaterinaGoldTrading
How much profit can be made from 300k gold trading in one year?Can anyone tell me the actual situation? I heard from friends that many people on TV don’t know how to trade. Let me take a look. Is this consistent with what my friend said? I'm Jack. Join tradingview today. I just started posting my opinions. I don’t know what kind of sharing you like to see. You can leave a comment. Is it technical, fundamental, market sentiment, or real-time trading? Under the influence of news. Trend trading can be done following leading news. That means buying when the market is rising. Sell when the market falls. This requires some trading sense. There is no news impact. Then rely on intraday range trading. Refer to technical indicators. Or market sentiment. This is relatively simple. I believe many traders are experienced. So when I came here. We can talk more and learn from each other. Of course, I still have good content to share with you. Gold trading opportunities tomorrow. After opening higher. It will continue to reach a position near 2072-2080. If the position is not reached there is no stabilization. Gold can be sold. So this week will basically focus on selling. If it continues to rise. Then the short-term pullback should still be based on buying. This is what needs to be focused on tomorrow. Remember London time: 3:16 pm. I'm Jack! See you next time.
TVC:GOLD
by AA_Jack
World gold prices also set another recordSell Gold 2174-2180 SL 2185 TP 2166-213x. Because the price has passed through Zone 2168, this Zone is being sold around the Reaction Zone According to Bien Ma on the H4 Frame. And the old location according to PA ---------------------------------- I assume the 2222 vicinity may be a brief top for the following couple of weeks, so over the week there may be deep downward correction waves, so I will specially view Sell, now no longer Buy, due to the fact the overpowering symptoms and symptoms of Buy are showing. steadily weakening for the beyond week, we are able to look ahead to Entry in those 2 areas: Entry 1: Sell 2177, SL 2180.50, TP 2130 Entry 2: Sell 2182, SL 2187, TP 2130 All are lengthy Sell perspectives TP 40-50 fee so please be aware that after putting orders, the chance is best approximately 5%, in case your buying and selling quantity turned into critically poor ultimate week otherwise you misplaced all income withinside the beyond weeks, please evaluation your control method. capital, taking unstable capital like that won`t ultimate. -----NEWS: Last week, the course of globalwide gold charges persevered to be encouraged via way of means of hobby fee expectations. At the financial coverage assembly held withinside the center of ultimate week, the gold marketplace breathed a sigh of alleviation after americaA Federal Reserve (Fed) introduced new hobby fee expectations. The "dot chart" introduced on the assembly suggests that americaA Central Bank remains anticipated to behavior 3 hobby fee cuts this 12 months despite the fact that inflation stays above the goal stage of 2%. The charge of the yellow steel accelerated hastily after the assembly and changed into driven to a file excessive of 2,220 USD/ounce on March 21. However, the recuperation did now no longer ultimate lengthy and the gold charge misplaced 50 USD because of robust promoting strain withinside the ultimate buying and selling consultation of the week. However, specialists say that traders have to be affected person due to the fact thinking about the contemporary environment, gold remains being supported. At this assembly, the Fed remained constructive approximately the fitness of americaA economic system whilst extensively adjusting its GDP forecast. Accordingly, americaA Central Bank now forecasts that the economic system will develop via way of means of 2.1% this 12 months, up from the preceding forecast of 1.4%. However, Kitco professional Neils Christensen isn't always very assured approximately the Fed`s forecast. Christensen stated that traders have to ask themselves, if they may be assured that americaA economic system could be resilient this 12 months, then why does the Fed want the assist of 3 hobby fee cuts?
OANDA:XAUUSD
by TheLeader_WOLF
XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold takes a step back in the wake of sizzling US inflation data and the Federal Reserve's cautious approach towards policy easing. The anticipation of the US Federal Reserve's easing cycle gets a reality check as robust US economic data pushes back the much-awaited commencement. Fed Chair Jerome Powell's call for patience aligns with the hotter-than-expected inflation numbers, reinforcing the need to adhere to the current monetary policy stance until inflation trends signal otherwise. Currently, the Federal Open Market Committee (FOMC) awaits greater confidence in inflation's return to the 2% target before contemplating rate cuts; with market projections hinting at potential cuts kicking in from the latter half of 2024. The shift in market sentiment from earlier expectations could put a lid on the price surge in the coming weeks. In this video, we delve into our strategic positioning amidst these market dynamics, offering insights into how we intend to navigate the impending moves in the Gold market. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,155 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,155 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry