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!
Xauusdforecast
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.
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.
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
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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?
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.
Gold: A Timeless Investment in an Uncertain WorldGold, the age-old precious metal, continues to shine brightly as a cornerstone investment in today's volatile economic landscape. With its enduring allure and intrinsic value, gold remains a trusted asset for investors seeking stability and security.
At its core, gold's scarcity and tangible nature make it a reliable store of wealth. Unlike fiat currencies prone to inflationary pressures, gold's value has stood the test of time, preserving purchasing power over centuries.
Moreover, gold's versatility extends beyond its role as a monetary metal. Its unique properties make it indispensable in various industrial applications, from electronics to healthcare, bolstering its demand and value.
In times of economic uncertainty and geopolitical tensions, gold serves as a safe haven asset, providing a hedge against currency depreciation and market fluctuations. Its status as a universal currency transcends borders, offering investors a reliable sanctuary for wealth preservation.
Furthermore, gold's role as a diversification tool within investment portfolios cannot be overstated. Its low correlation with other asset classes helps reduce overall portfolio risk and enhance long-term returns.
Looking ahead, gold's timeless appeal is expected to endure, driven by its scarcity, versatility, and universal acceptance. As investors navigate uncertain times, gold stands as a beacon of stability and security, offering a timeless sanctuary in an ever-changing world.
XAUUSD GOLD Technical Analysis and Trade IdeaXAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This analysis is for educational purposes only, not financial advice.
Gold prices plummeted as if there had never been a separationAlthough nearly unchanged as compared to the day prior to this morning, the fee of the yellow steel has dropped sharply at some point of the day. On March 21 (US time), gold constantly conquered file highs way to the dovish speech of americaA Federal Reserve (Fed) on the cutting-edge coverage meeting. The valuable steel hit an all-time excessive of $2,222.39 consistent with ounce because the Fed signaled it might keep to reduce hobby prices 3 instances in 2024 notwithstanding growing inflation.
Despite growing inflation, Fed Chairman Jerome Powell nonetheless stated that americaA Central Bank has the capacity to lessen hobby prices with the aid of using 3-quarters of a percent factor with the aid of using the quit of 2024. However, the Fed`s choice will rely on data. The financial system is here. The Fed's stance driven the greenback to its lowest degree in a week, even as additionally inflicting US 10-12 months Treasury yields to fall. Meanwhile, gold costs constantly increased.
Witnessing sturdy shopping for pressure after the meeting, Reuters technical analyst Wang Tao with a bit of luck anticipated that spot gold may want to retest the resistance degree at 2,222 USD/ounce. If this threshold is broken, this valuable steel can triumph over tiers withinside the variety of 2,228 - 2,234 USD/ounce.
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GOLD last night had a recovery from the 217x > 218x area
With this price range, everyone should watch for Sell today. As I see, Frame M30 candles are reacting according to Ma20 and 34
>At this rate, Sell Gold is around 2186>2190
SL 2192
TP 2178>216x
Gold's 9-game winning streak: Don't chase short gold easilyDear friends, gold fell back after rising high during the day. Gold continued to fall during the U.S. trading session. At present, gold fell back to the lowest position near 2166. The gold trading orders that we gradually shorted in batches all left the market with profits near the 2170 position, continuing our 9-game winning streak for gold!
According to the current trend of continuous decline on the 4-hour level chart, after the candlestick chart broke through the short-term moving average, the short-term trend also began to weaken. However, the current hourly deviation rate is slightly too large, and the price has touched near the early support band. In the short term, there may not be much room for continued decline in gold trends. The technical form of the small-level cyclical trend has also begun to gradually adjust and complete the repair. In the short term, I may be more inclined to see gold rebound and repair.
Therefore, according to the current trend pattern, we should not easily chase short gold for the time being. If opportunities permit, we may be able to participate in short-term long gold transactions. 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.
Gold: The Glittering Beacon of Value and TraditionGold, the age-old symbol of wealth and prosperity, continues to captivate hearts and minds across the globe. Its enduring allure transcends time and borders, weaving through the tapestry of human history with an unmatched elegance and mystique.
At its core, gold represents more than just a precious metal; it embodies a timeless store of value, cherished by civilizations throughout the ages. From ancient pharaohs to modern investors, gold's shimmering brilliance has been revered and sought after for its inherent beauty and scarcity.
Beyond its material worth, gold holds a deeper significance ingrained in cultural traditions and religious practices worldwide. It symbolizes purity, divinity, and blessings, adorning temples, artifacts, and ceremonial objects as a testament to its sacred status.
Moreover, gold serves as a hedge against economic instability and geopolitical turmoil, offering stability and security in times of uncertainty. Its universal acceptance and liquidity make it a trusted asset for investors seeking to preserve wealth and diversify portfolios.
Despite the advent of modern financial instruments and digital currencies, gold remains a timeless asset, resilient in the face of evolving economic landscapes. Its intrinsic value and cultural significance continue to shine bright, reminding us of the enduring legacy and timeless allure of this precious metal.
#XAUUSD:800+ Pips Possible Selling Opportunity, What you think? Gold touched 2195$ and then dropped, price have ranged between 2150 to 2170, in our latest bias; we observe a huge volume of sellers entering in the market. Which is why we think selling in the current market condition can give us an excellent opportunity for 'swing selling'.
Use accurate risk management which is demonstrated in the chart use the red lines for entry and exit and use the arrow for take profit. Total of 800 pips that we are targeting, however we advise to close the trade when you are satisfied with it. Good Luck and Trade Safe.
Please like and comment our ideas which will gives us encouragement to publish more educational chart analysis.
XAUUSD: Beginning of the big move, what do you think?Dear Traders,
Gold had rejected at 2196$ and rejected at that level showcased, price has touched pivot point, since then price has been consolidating between 2150-2172, however, we may see price dropping from our area of entry. There are two targets first one at 2130-2135 and then 2090-2080.
Like and comment if you agree with our idea.
Good luck and trade safe.§
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold charge these days March 20: Reversal to decreaseWorld gold expenses reversed and decreased after the USD multiplied quite properly withinside the worldwide charge basket. At the same time, americaA economic gadget added information on new home introduction developing quite properly in February.
specifically, the Dollar-Index - measuring the strength of the greenback in comparison to 6 number one currencies multiplied via 0.23% to 103,426 elements at 6:25 a.m. this morning (Hanoi time).
Construction permits in February multiplied via 1.9% over the same duration very last year, a first-rate deal higher than the preceding month`s decrease of 0.3%. The variety of housing starts offevolved offevolved in February multiplied via 10.7% over the same duration very last year, a first-rate deal higher than the decrease of 12.3% withinside the previous month. This information continues to manual the strong growth of the USD, putting pressure on gold expenses.
Along with that, AmericaA Federal Reserve (Fed) held its first two-day meeting in March. The market waited for a easy interest price discount from this agency. However, after inflation information modified into released very last week, it showed that although immoderate interest fees, inflation did now now not decrease as expected. This makes every expert and client trust that the Fed cannot reduce interest fees for the duration of this meeting.
The variety of latest housing starts offevolved offevolved in February sharply increased, that's further forecast to beautify extremely patron requires for goods. Therefore, it may contribute to the growth inside the patron charge index inside the future. Experts anticipate that the Fed cannot reduce interest fees yet, so that you can help the USD strengthen, putting pressure on gold expenses.
Gold price today (March 20): Slightly increasedWorld gold costs remained nearly unchanged as compared to radiant gold for fast delivery, down three USD to 2,158 USD/ounce. Gold futures remaining traded at $2,161.30 an ounce, down $three.60 from the intense spot.
Gold held consistent on Tuesday as advisors remained on side at the principle US Federal Reserve (Fed) assembly this Wednesday. The convention is predicted to offer extra issues approximately the timing of hobby charge cuts this year.
Currently, the marketplace should ensure that the Fed will hold hobby quotes at this assembly. What is predicted in funding is monetary reviews and charge updates of deliberate policies.
Despite the pressure, gold stays on the assist degree of 2,a hundred and fifty USD/ounce. KCM Trade leader analyst Tim Waterer stated that gold`s short-time period course will rely upon the tone that Fed Chairman Jerome Powell takes at this week's coverage assembly.
According to this expert, if the Fed specializes in the lately introduced CPI, PPI and the energy of the hard work marketplace, hopes for added financial coverage may be extinguished. In that case, gold may also lose assist or even lower in depth.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.