Xauusdforecast
XAUUSD ( Gold / U.S Dollar )Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves at Demand Zone or Fibonacci Level - 50.00%. Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. Strong Divergence in RSI and Completed the Retracement for Break of Structure
XAU/USD 01 Fed 2024 Intraday AnalysisH4:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
After the swing BOS price aggressively moved to the upside.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish
Price has reacted to Daily and H4 nested supply levels where we saw a reaction within premium zone of the internal structure.
Expectation remains as yesterday's analysis, for price to continue to trade bearish to target weak internal low.
H4:
M15:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bearish iBOS where we are now in the pullback phase.
Sub-structure to internal structure, which is marked in red where price has now printed a bullish iiBOS.
Yesterday's Fed news regarding holding interest rates did little to affect price action which remains contained within sub-internal structure
Price is currently once again reacting to 50% EQ of the sub-internal range.
Expectation remains the same, for price to target weak internal low.
M15:
XAUUSD- likely to increase strongly todayGold Last night time there has been information that Manh completed decreasing Manh`s rate through 10. Currently Gold is growing once more in step with the trend.
>Last night time, all people looking Gold certainly noticed that Gold dropped to Ma89 in H1 after which extended once more.
> Currently, I see Gold has extended. Everyone can watch to shop for GOLD once more across the Price Range 2040>2042
SL 2038
City 2050>2056
> I Haven't Watched Sell This Rhythm Everyone Shouldn't Sell This brief section may be very smooth to dictate and hard to handle
------------------------
At remaining, the spot rate of gold withinside the US marketplace extended via way of means of 4.five USD/ouncesin comparison to Tuesday`s remaining session, equal to an boom of greater than 0.2%, remaining at 2,040.five USD/oz. During the session, at instances the rate of gold extended greater than 1%.
Gold expenses fell 1.three% in January, however maintained the important thing mental threshold of $2,000/ouncesat some point of the month.
At the quit of the primary normal economic coverage assembly of 2024, the Fed stored the federal budget price unchanged at five.25-five.five% - a choice that changed into now no longer unexpected. However, withinside the press convention after the Fed assembly, Fed Chairman Jerome Powell denied the opportunity that the Fed might begin lowering hobby prices proper withinside the first quarter - some thing the monetary marketplace has been hoping for recently.
“I do not suppose via way of means of March the committee could have reached a degree of self assurance sufficient to decrease hobby prices,” Mr. Powell said.
Independent treasured metals analyst Tai Wong in New York commented that Mr. Powell made a few smooth statements, however the important message in his press convention changed into still "no hobby price cuts in March."
According to Mr. Wong, it has up to now coped pretty nicely with the opportunity that the Fed will begin lowering hobby prices later, however withinside the close to future, US monetary records will strongly have an effect on gold expenses.
Having misplaced wish of the Fed's first hobby price reduce in March, investors at the moment are having a bet specially at the opportunity of a Fed price reduce from May. Overall self assurance that the Fed will reduce hobby prices this yr continues to be a aspect helping gold expenses.
After the Fed assembly, 10-yr US Treasury bond yields fell under 4%, the bottom in three weeks. However, the Dollar Index measuring the electricity of the USD in comparison to six different main currencies extended to 103.eight points, the best in 6 weeks. These elements create contrary consequences on gold expenses: falling yields help gold expenses, however the growing USD places downward strain on treasured metallic expenses.
GOLD BUYING ON DIPS HERE HELLO TRADERS,
As i can see gold is holding a strong support zone on smaller and daily TF tecnically + fundamentally geopolitical issue around the world is hot and investors always love this time which happens in Decates safe haven was always the best investor choice & if we have deep look on weekly and daily and 4hr TF on # TVC:GOLD GOLD it showing us a pretty bullish outlook retailers are looking for rate cuts which will not happen soon and betting on base of Labour Markets conditions and outcome numbers ON CPI AND PPI in JAN which show us a retracement which is almost done near @2003 levels friends charts always give us a clear incoming move of the markets if we analsysis perfectlly so in my own view #Gold is bullish till we see further news in rate cuts which i dont think so happen in Q1 and wars esculating is a more demand of safe haven Friends its just an trade idea till design levels share ur thoughts with us we appricate ur love and support it help whole traders community.
XAUUSD ( Gold / U.S Dollar )Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Corrective Waves " ABC " and Impulsive Waves " 12 ". Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line and Fibonacci Level - 78.60%. Completed the Break of Structure and Retracement and Demand Zone
GOLD on 31st Jan 24 :- BEARISHIf #XAUUSD or #gold closes m15 candles and retouch back above 2035.5, it can touch Bullish upto 2050 level.
Alternatively, if it goes bearish and retouch back below 2030, then only gold can be bearish upto 2020 level.
Join us .
#Trading, #StockMarket, #Forex, #Investing, #TradingTips, #TradingStrategy, #DayTrading, #SwingTrading, #OptionsTrading, #TradingEducation, #TradingCommunity, #TradingPsychology, #TechnicalAnalysis, #FundamentalAnalysis, #TradingSignals, #TradingTools, #TradingPlatform, #TradingGoals, #TradingSuccess, #TradingLifestyle, #TradingJourney, #TradingCoach, #TradingBooks, #TradingWebinar, #TradingResources, #ChartAnalysis, #TechnicalIndicators, #CandlestickPatterns, #ChartPatterns, #SupportAndResistance, #TrendAnalysis, #PriceAction, #FibonacciRetracement, #MovingAverages, #RSI, #MACD, #BollingerBands, #VolumeAnalysis, #BreakoutTrading, #ReversalPatterns, #Divergence, #TradingCharts, #ChartingSoftware, #TradingSetup, #TradingOpportunities, #ChartAnalysisTips, #TechnicalAnalysisTools, #TradingSignals, #ChartingStrategies, #TradingAnalysis,#PropTrading, #PropFirm, #ProprietaryTrading, #TradingFirm, #PropTradingProgram, #PropTrader, #PropTradingOpportunity, #PropTradingJobs, #PropTradingCareer, #TradingAllocation, #RiskManagement, #TradingInfrastructure, #TradingCapital, #TradingPerformance, #PropTradingCommunity, #PropTradingTraining, #PropTradingEducation, #PropTradingPlatform, #PropTradingFirmReview, #PropTradingInterview, #TradingChallenge, #TradingEvaluation, #PropTradingRules, #TradingDesk, #PropTradingInsights,#DayTrading, #DayTrader, #IntradayTrading, #Scalping, #DayTradingStrategies, #DayTradingTips, #DayTradingCommunity, #DayTradingEducation, #DayTradingLifestyle, #DayTradingGoals, #DayTradingPsychology, #DayTradingSetup, #DayTradingTools, #DayTradingSoftware, #DayTradingCharts, #DayTradingIndicators, #DayTradingSystem, #DayTradingPlan, #DayTradingSuccess, #DayTradingProfits, #DayTradingIncome, #DayTradingSkills, #DayTradingStrategiesThatWork, #DayTradingCourse, #DayTradingWebinar
XAUUSD - Strong fluctuations in the last days of the monthOvernight, gold had a sturdy boom to 204x after which reduced to 203x
>At this margin, I assume Gold can nevertheless boom strongly again
>Everyone these days Can Buy Gold round 2026>2030
SL 2024
TP 2038>204x
We advise that each one buyers arrive earlier than 8pm tonight. Currently, the fashion is at the Buyer`s side, so I will now no longer can help you Sell
-------------------------------------------
World gold rose to a two-week excessive on Tuesday because it turned into supported through greenback weak spot and decrease Treasury yields whilst awareness became to the Federal Reserve`s coverage meeting. US State (Fed) to higher apprehend how this enterprise will reduce hobby prices this year.
According to RJO Futures senior marketplace strategist Daniel Pavilonis, an awful lot of gold's volatility is because of falling yields and the greenback being withinside the red. However, Pavilonis stated that expectancies approximately hobby price selections additionally brought on gold to increase.
The Fed's coverage choice might be made on Wednesday. Markets are awaiting the United States Central Bank to depart hobby prices unchanged on the quit of the meeting. Pavilonis, the Fed stated that, with the choice to have a solid marketplace, the Fed won't behavior many hobby price cuts and Mr. Powell can even keep a impartial attitude.
Data remaining week confirmed U.S. expenses grew fairly in December, maintaining annual inflation beneath 3% for the 0.33 directly month and doubtlessly permitting the Fed to begin slicing hobby prices.
According to senior analyst Ricardo Evangelista at ActivTrades, the Fed's economic coverage stance is presently the maximum crucial driving force of gold expenses. He stated that even the safe-haven enchantment of treasured metals can't counter converting marketplace expectancies round critical financial institution economic coverage.
According to this expert, the marketplace's expectation that the Fed will actively reduce hobby prices may want to push gold to $2,200/ounce with a median annual charge of up to $2,100/ounce.
GOLD is Going To Break It's Resistance Following about 2 MonthsGOLD has been consolidating for about 2 months within a specific range of about $2000-2075 The month is about to END and we'll see GOLD breaking it's resistance and cross $2050 with great volume next month. Probably NFP and FOMC will be a great factor and pushing GOLD upwards. I'm strongly bullish on GOLD on Higher time frame. Also remember when GOLD goes up ew miss it just because of high green volume along with that it also pushes down with good volume as well so always trade with stops
XAUUSD GOLD Trade IdeaGOLD XAUUSD has rallied on the 1D time frame and we can see a clear break above a previous high. Price is currently testing a key resistance level. We are considering a buy opportunity if price retraces into the 50-61.8% Fibonacci zone. This analysis is solely for educational purposes and should not be considered financial advice.
Gold Trading Plan - 28/Jan/2024Hello Traders,
Hope you all are doing good!!
I expect Gold to go Up from here.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
XAUUSD Shorts from 2030.000 down towards 1990.000My outlook for gold this week leans bearish, and I'm on the lookout for nearby shorting opportunities to drive the price towards the daily demand zone. Presently, I'm eyeing a clear 5-hour supply zone as a potential selling point. I'll be patient, waiting for a Wyckoff distribution pattern to unfold within this area before considering entry for my sell positions.
The presence of this supply zone has triggered a slight shift in momentum to the downside and left an imbalance, indicating its strength. However, I'm mindful of the trendline liquidity above the zone, which might attract price action to breach it, possibly prompting a reaction from the 22-hour supply zone above.
Confluences for GOLD Shorts are as follows:
- Price is approaching a 5hr supply zone that has caused a CHOCH to the downside.
- Theres an imbalance below that needs filling as well as some liquidity that can be taken.
- Zone also lies within the 0.78 fib range and price is also at a psychological level of 2030.
- Theres lots of liquidity to the downside that needs to be swept as well as an imbalance.
- Price has been moving temporarily bearish short term so this is pro trend idea.
- sentimental analysis also shows that gold is bearish as well.
P.S.While I hold a temporary bearish stance and focus on the 5-hour supply zone, I'm also considering the possibility of price declining without touching my zone to break its structure and reach the daily demand area. In such a scenario, I'll be on the lookout for buying opportunities to ride the upward movement.
XAUUSD Gold Break of Structure !Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " A - 12345 , B - wxyxz " Corrective Waves. Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of the LTL and making its Retracement in Corrective Pattern " Exp FIAT ". Break of Structure with the Retracement at Demand Zone
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold's recovery near $2,030 persists as the US Dollar adopts a sideways trend. Despite a less convincing pullback in Gold, traders have tempered expectations for a Fed rate cut in March. While the precious metal has rebounded significantly amid escalating Middle East conflicts, the short-term outlook remains cautious due to limited upside potential, influenced by diminishing bets supporting an interest rate cut from the Federal Reserve (Fed.)
Uncertainty surrounds the US inflation outlook as price growth gradually recedes, counterbalanced by a robust economy fueled by strong household spending. This dynamic adds pressure to inflation and reinforces the likelihood of the Fed maintaining a restrictive monetary policy stance for an extended period.
The upcoming monetary policy meeting on January 31 is anticipated to see the Fed holding interest rates steady in the range of 5.25%-5.50%, marking the fourth consecutive time. Market attention will shift to the Fed's commentary on fitting the expected three interest rate cuts within the remaining seven policy meetings of 2024. Notably, Goolsbee highlights the necessity for further declines in housing inflation for a sustained reduction in price pressures, cautioning that inflation reversals could prompt rate hikes.
How will we navigate this market environment in the coming week?
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 $2,005 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 $2,005 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.
XAUUSD had a 2-input liquidity sweep last night but still returnGold This morning has Recovery Rate again to the 202x area.
With the fashion in H4 and D1 as I see it, at this charge Gold can nonetheless fall further. I nonetheless count on that there might be a deep decline in Gold to the 19xx area.
>Today`s model of the complete residence on the market across the area, priced 2022>2024
>SL 2026
TP2014>2000
Please plan this fee in line with H4 👌
Today is Friday weekend. I additionally propose investors to be cautious to keep away from dropping final week's profits.
---------------------------
Gold fee forecast
Many analysts trust that the Fed retaining excessive hobby quotes will push up the fee of making an investment in gold, lowering the enchantment of the valuable metal.
Another organization of analysts stated that withinside the lengthy term, gold fees will continue to be excessive, even growth sharply whilst the war withinside the Middle East has unfold to the Red Sea. So gold nonetheless creates a few call for for conventional safe-haven assets.
------
News:
Many professionals consider that falling oil charges and the growing USD are elements which might be negative to gold charges. However, gold charges nevertheless hold their present day rate degree because of the weak spot of the inventory market, in addition to the robust decline of Bitcoin. At the equal time, inflation and geopolitical dangers additionally make traders have a tendency to search for this secure haven tool.
George Milling-Stanley, leader gold strategist at State Street Global Advisors, analyzed that if inflation is contained, gold charges will stabilize above 2,000 USD/ounce for the duration of 2024.
However, all traders` interest is centered on the imminent economic coverage assembly of the United States Federal Reserve (Fed). Many forecasts say that the Fed will probably tighten coverage extra strongly to reduce excessive inflation.
Any symptoms and symptoms of recuperation withinside the US financial system will provide the Fed extra room to preserve hobby prices better for an extended time, analysts note.
In addition, many professionals are expecting that during the imminent assembly, valuable banks of numerous international locations will preserve hobby prices at the best degree in 23 years.
XAUUSD 25/01Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement. Completed Impulsive Waves and Corrective Waves " A - 12345 , B - 12345 ". Bearish Channel as an Corrective Pattern in Long Time Frame.