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Xauusdforecast

Gold prices fluctuated in a narrow range as the market anticipatGold upward push 0.1% to $2,025.eighty an oz., whilst gold futures expiring in April rose 0.2% to $2,035.15 an oz. through 00:15 ET (05:15 GMT). Both gadgets are predicted to feature approximately 0.7% this week after falling as a whole lot as 4% over the last weeks. Bullion fees have additionally remained constant withinside the buying and selling variety of $2,000 to $2,050 according to ounce visible for maximum of 2024 so far. Expectations for an early hobby charge reduce will regularly lower withinside the context of Fedspeak persevering with to specific its tightening stance. The outlook for gold stays gloomy as a chain of alerts display that the marketplace keeps to rate in an early hobby charge reduce through the Fed.
OANDA:XAUUSDShort
by NicoTradingMaster
1
XAU/USD | GOLDSPOT | New perspective | follow-up detailsAt the close of last week's trading, Gold has shown resilience by surpassing the $2,000 mark. Recent US economic indicators hint at persistent inflation, despite signals of potential policy adjustments from the Federal Reserve. Notably, Producer Price Index (PPI) data exceeded expectations, underscoring the Fed's ongoing efforts to manage inflation. Additionally, a positive shift in Consumer Sentiment reflects American optimism towards economic conditions. Considering these factors, Gold's trajectory remains intertwined with US economic prospects. Potential upticks in inflation could drive up US Treasury bond yields, leading to anticipated XAU/USD downside movements. Conversely, if inflation aligns with the Fed's targets, the possibility of rate cuts may weaken the US Dollar, potentially supporting XAU/USD upside potentials. This video delves into dissecting the current market landscape to help navigate strategic positioning for upcoming market movements. 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 behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $1,985 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, a breach below the $1,985 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions. #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
1
World markets face selling pressureGOLD is presently growing to the rate of 2026. As I cited yesterday, GOLD is presently absolutely on an uptrend. Today I reminded all people of Canh to shop for GOLD across the 2020>2022 area Today, all people maintains to shop for GOLD in relation to this rate. I will add a video with targeted feedback and evaluation soon. Everyone, please observe this advice for trading! ---------------NEWS-------------- World gold costs generally tend to quiet down below promoting strain after four consecutive growing sessions. However, the sector gold rate remains pretty strong above the edge of 2,020 USD/ounce and isn't predicted to boom in addition after the USD stabilizes. In addition, the height season for sturdy gold intake in Asian markets is fading away. The marketplace can also remain quiet as expectancies approximately the United States Federal Reserve`s (Fed) economic easing cycle remain driven back. Recorded through The World & Vietnam Newspaper, at nine:15 p.m. on February 22 (Hanoi time), the sector gold rate turned into indexed at 2,024.10 - 2,025.10 USD/ounce, down 1.6 USD/ounce in comparison to right away previous buying and selling session. * The global gold rate transformed on the bank's USD alternate charge is presently equal to 60.nine million VND/tael (inclusive of taxes and fees), approximately 17.three million VND/tael decrease than the rate of gold bars bought through SJC withinside the afternoon. . The global gold rate is presently approximately 11.1% higher (204 USD/ounce) in comparison to the start of 2023. Investors are presently seeking out clues approximately whilst the Fed will reduce hobby prices for the primary time in view that March 2022. Many forecasts say that the Fed will decrease hobby prices at its June meeting. In the lengthy term, the USD will lower following the Fed's hobby charge cuts. Gold costs hence improved rapidly. Gold is likewise supported through feasible extended instability in Ukraine and the Middle East. There aren't anyt any symptoms and symptoms that geopolitical tensions in those regions will quiet down every time soon. Gold costs are forecast to be supported through bodily gold call for in lots of countries.
FXOPEN:XAUUSDLong
by TheLeader_WOLF
XAUUSD (Gold) Technical Analysis & Trade Idea#XAUUSD currently exhibits a bearish bias on the daily timeframe. Market Overview: The daily chart reveals a significant break of market structure to the downside. This breach is characterized by lower highs and lower lows, signaling a shift in sentiment and potential weakness in gold prices. Intraday Opportunity: Traders should closely monitor the 61.8% Fibonacci retracement level. This area presents a potential sell opportunity. Short Entry: Consider initiating a short position if price approaches the 61.8% retracement level. Stop-Loss (SL): Place the stop-loss order above the previous highs to manage risk.Target: Aim for previous lows as potential profit-taking levels. Risk Management: As with any trading decision, conduct thorough research and analysis. Understand broader market dynamics, monitor relevant economic events, and assess risk factors. Implement sound risk management practices to safeguard your capital. Important Disclaimer: This analysis provides a technical viewpoint based on price action and historical patterns. It does not constitute direct financial advice. Before executing any trades, perform your own due diligence, consider risk factors, and make informed decisions. Remember that trading involves inherent risks, and past performance is not indicative of future results.
OANDA:XAUUSDShort
by fxtraderanthony
Gold will return to the 205x mark in the shortest possible timeGold is having wave data up to 2054 so SELL, you should only SCALPING and prioritize BUY, this week will reach 205x. The news will legalize the price line. If there are any changes, I will update further. Short-term analysis by day: Last night I saw Gold falling to the 2013 level. Currently, I see that Gold is still slightly recovering in the area reacting to Ma. Around price 2017>2018 Today, Short Wave can still be a Surf Buy, but at Ma89 H4 and Ma34 in D1 still indicate Sell. I still mainly watch the big frames to determine the trend as well as the trend to trade. Sell Gold around the region 2022>2026 SL 2028 City 2016>2008 Shortwave can still Buy ---------------------------------------------- "Gold is always risky" => Gold prices often reflect uncertainty and risk in financial markets. If there are any major fluctuations in international economic information or political situations, gold prices may increase due to increased demand for safe assets. Conversely, if positive news supports risks, gold prices may decline.
OANDA:XAUUSDLong
by TheLeader_WOLF
1
XAU/USD 20 Feb 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently doing. Current expectation, await bearish price action to confirm bullish pullback is complete for price to target weak internal low. First structural confirmation that pullback is complete would be for price to print a bearish CHoCH. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. Price has printed another bullish iBOS. Internal high has yet to be established. Bearish CHoCH will confirm internal high and will provide an indication that pullback has initiated. Expectation following iBOS is for price to pullback after reaction from a POI which is currently underway. Current expectation is for price to continue bearish and react at 50% EQ or M15 POI. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD (Gold) Technical Analysis and Trade Idea See my previous post (video) for a full explanation). #XAUUSD GOLD has exhibited recent bullish momentum.On the 1D timeframe, price action demonstrates a pullback approaching a key resistance zone. Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4H & 1D timeframes offering a potential sell opportunity. This analysis reflects my individual market assessment for informational purposes. It does not constitute explicit financial advice. Independent research and comprehensive risk management are crucial before executing any trades.
OANDA:XAUUSDShort
by fxtraderanthony
XAUUSD GOLD Technical Analysis and Trade IdeaXAUUSD (Gold) Technical Analysis and Trade Idea Technical Outlook: - Gold has exhibited recent bullish momentum. - On the daily (1D) timeframe, price action demonstrates a pullback approaching a key resistance zone. - Further upside appears likely early in the week, with potential for Gold to advance into nested distribution levels across the 4-hour (4H) and daily (1D) timeframes. Trade Suggestion: - Monitor for continued bullish movement early in the week. - Anticipate a potential price rotation later in the week, presenting a possible sell opportunity. - Targets: Observe price behavior within the distribution levels for specific entry and exit points. - Stop-Loss: Employ strategic stop-loss placement above the 1D bearish order block to mitigate risk. Important Disclaimer: This analysis reflects my individual market assessment for informational purposes. It does not constitute explicit financial advice. Independent research and comprehensive risk management are crucial before executing any trades.
OANDA:XAUUSD
by fxtraderanthony
XAU/USD Shorts from 2020.000 back down Last week, my gold analysis unfolded as expected, with both scenario (A) and scenario (B) playing out as anticipated. This week, we witnessed a robust response from the daily demand zone, which held significant bullish sentiment. However, with the market shifting and structures breaking, it appears that a downtrend is beginning. I'm eyeing the nearby 6-hour supply zone for potential selling opportunities as price approaches. Once there, I'll be looking to initiate sells, aiming to push price down towards a demand zone where I can consider buying back up. I anticipate that this demand zone will hold, and any reactions we observe from the supply zone will likely be temporary retracements. Confluences for GOLD Sells are as follows: - Price has changed character to the downside and broke structure on the higher time frame. - Left a clean 6hr supply zone which caused the BOS to the downside. - Lots of liquidity still left to the downside as well as a 6hr demand it can mitigate. - After gold sweeping ATH's in December it might be enough (LIQ) to begin this downtrend. - Imbalance below that needs to get filled once that happens we can expect a bearish reaction. P.S. It's crucial to remain adaptable, prepared for various scenarios to unfold. I also foresee the possibility of price surging upwards to fill the liquidity above the 6-hour supply zone, given the successful reaction we've seen from the daily demand thus far. Have a great trading week ahead, The bank holiday for USD is on Monday just so you know!
OANDA:XAUUSDShort
by Hassan_fx
XAU/USD | New perspective | follow-up detailsAmidst the revision of the Consumer Price Index (CPI) numbers to accommodate new seasonal adjustment factors, the XAU/USD faced bearish pressure, culminating in a 0.50% dip, closing the week around the $2,025 area. This development has heightened focus on the upcoming Consumer Price Index (CPI) figures from January, as market participants seek insights for potential Federal Reserve (Fed) decisions. Market participants are closely monitoring the Fed's actions, particularly as the soft CPI revisions appear to have provided some respite for officials contemplating rate adjustments. However, the strong Q1 growth predictions in the US market and escalating wage pressures within a tight job market suggest potential delays in rate cuts. Currently, the market sentiment indicates a shift from anticipating a cut in March to potentially expecting one in May. The forthcoming inflation reading will play a pivotal role in determining the timing of the easing cycle. Should the data support a delay in rate cuts, it could lead to further downside for the price of Gold. In this video, we delve into the current market conditions from a technical standpoint, providing insights into understanding and interpreting these developments. 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 behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,025 zone, characterized by 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, a breach below the $2,025 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. Immerse yourself in the latest dynamics of the Gold market! Stay well-informed to make strategic investment decisions. #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
2
XAU/USD 16 Feb 2024 Intraday AnalysisH4 Analysis: Analysis/expectation remains the same as yesterday (15/02/2024) -> Swing: Bullish. -> Internal Bearish. -> Has reached EQ. Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated. Expectation is for price to continue bullish and react at H4 POI or 50% EQ. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ. Price has printed a bullish iBOS indicating H4 bullish pullback has initiated. Current intraday expectation remains the same as yesterday (15/02/2024) for price to continue bullish and react at nested H4 and M15 POI's. M15 Chart:
OANDA:XAUUSD
by Khan_YIK