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Xauusdideas

XAUUSD - Precious metals leveled off after soaringAfter many consecutive days of rising, the price of gold today, October 13, of the world has decreased as data broadcast in the US cooled, the USD and US interest bonds heated up. Overnight, the US announced that the annual consumer price index (CPI) increased by 3.7%, higher than the forecast of 3.6%. However, the annual core CPI excluding real product and energy prices decreased from 4.3% to 4.1%, meeting market expectations. At the same time, the US also announced the number of initial unemployment support applications of 209,000 applications, better than the forecast of 210,000 applications. Analysts say that utilization in the US is decreasing and the improving job market will push the US Federal Reserve (FED) to raise interest rates in November 2023 and maintain high interest rates for a longer period of time. . The value of the USD has skyrocketed after the above information. The 10-year US bond core increased by 4.65%, the 2-year bond increased by 5.07%. Under pressure from the USD and US bonds, gold prices may decrease after being able to control 1,885 USD/ounce. So they took the opportunity to sell it and make a profit. As a result, today's world gold price decreased by 15 USD to 1,870 USD/ounce at 6:00 a.m. on October 13.
OANDA:XAUUSDShort
by FalCol_TradingMaster
XAUUSD, Long from the liquidity zone (1915)Gold is currently reacting on a key level (1925) which has the Daily EMA-50, 4Hr EMA 200/50/20 on clusted there. The 4hr candle closing below these EMAs could spark a short to the next liquidity zone (1915). The 4Hr candle closing above the EMA-200/50/20 could spark buys to 1952 potentially but before the market will buy, i will expect some liquidity drops to 1915 before any potential long at the back of an expected bearish wave of the DXY.
OANDA:XAUUSDLong
by AbeikuGlobal_FX
1
GOLD:Trading strategy Today, as I analyzed, it is on a downward trend, and it has now broken the support point of 1928. Pay attention to the 1920 support point. The previous 1928-1932 support point has now become resistance, so it is now a short trend, but it will not fall directly, waiting for the choice of gold. But I don't think gold will fall directly without new stimulus. At present, there is obvious support at the bottom, so you can buy it. Gold trading advice today: Gold:buy1918-1922 TP:1928-1932 If you want to make money, join me, keep up with my strategies, and I will share my ideas every day.
FOREXCOM:XAUUSDLong
by UnknownUnicorn60055110
2
Preemptive layout,short at 1835-1840 The market continues to digest the testimony of the Federal Reserve Chairman Powell. In his two-day speech, he appeared slightly less hawkish on the second day, which helped prevent further decline in gold prices. After Powell hinted at the possibility of a 50 basis points rate hike by FOMC in March, gold prices plummeted on Tuesday, and then stabilized in Thursday's trading. The XAUUSD trend during the data week was fiercely contested between longs and shorts. After Powell's speech, the market experienced a sharp decline followed by a rapid rebound above 1830, but the 1835 resistance line was noticeably strong on the four-hour chart. The focus for the day is on the suppression situation in this area. The upcoming non-farm data is also bearish for XAUUSD, so a preemptive layout is recommended, and the strategy is to maintain a short position on rallies. Personal trading strategy: Enter a short position at 1835-1840 with a target of 1820-1810. I will continue to update my views on XAUUSD, so please stay tuned.
FX:XAUUSDShort
by FlashTrades_
1
Can XAUUSD break through 1860? Today's market saw a strong downtrend due to Powell's speech causing a strengthening of the US dollar and market bearish sentiment. The price has deviated from its technical trend, but I personally expect the market to eventually return to a technical trend. Our long positions entered at 1830 are still being held, and for friends with larger capital, additional long positions can be added near 1820. I am optimistic that a good rebound trend will emerge after the negative news is digested by the market. As emphasized at the beginning of this week, there will be a lot of data and news to focus on. I will continue to update the strategy and please stay tuned.
FX:XAUUSDLong
by FlashTrades_
XAUUSD: Long position at 1830-1835 A person, a book, a cup of tea, and a dream. Sometimes, loneliness is so moving, and only at this moment can the world be so calm. The cool wind blows the pages of the book, and the smoke and rain permeate the dusty words and stories in the book with a moist breath. Leaning alone at the window, watching the blue-stone alley at the corner, an oil-paper umbrella that has been missed for a long time, covering the time that passes under the eaves. There is not much to say, the overall trend of XAUUSD is consistent with my expectations. At the weekend, I suggested a short-term position followed by a long position. This week, there has been a downward adjustment mainly due to the overall rise of $50 in XAUUSD last week, and there is a technical demand for a correction. After closing the profit of the short position, we can re-enter the long position to gain profits. Personal suggestion: Enter the long position at 1830-1835, and focus on the target of 1850-1860. Pay attention to the support at 1830 below. I will also update the latest operational ideas in a timely manner, please keep paying attention and leave me a message if you have any questions.
FX:XAUUSDLong
by FlashTrades_
1
How to allocate your funds for profit? There are no wasted paths in life. All your efforts now either earn experience, knowledge, or wealth. As the Chinese saying goes, "Don't put all your eggs in one basket." This is because if you accidentally drop the basket, all the eggs will break. This principle applies to investment markets as well. It is recommended to avoid concentrating all funds into one type of investment, as it could lead to uncontrollable risk. So, how can we allocate our funds sensibly? Here are three investment types to consider: Cryptocurrencies After the emergence of countless "get-rich-quick" stories in the cryptocurrency market, many people have flocked to invest. However, the reality is that the market is merciless and risky. Only those who are strategic and opportunistic can make a profit. It is recommended to invest 10% of your funds into the market for a coin with a lower price point, and hold it for the long-term. If the value increases, your assets will expand infinitely. If it fails, you won't lose everything. Forex Market To participate in the forex market, choose currency pairs with lower liquidity, such as EURUSD, USDJPY, and GBPUSD. When these products show good buying opportunities, it is recommended to invest 50% of your funds into the market. The fluctuation of currency pairs is relatively small, making it a stable option for long-term trading. However, it requires a certain amount of capital accumulation to see profits. Futures Market In this market, let's focus on XAUUSD. This product has storage value internationally, making it suitable for trading. However, due to its sensitivity to news and geopolitical events, it can experience severe fluctuations. It is recommended to invest 20% of your funds into the market for short-term operations. Trading once or twice a day to gain short-term profits is the suggested approach. The remaining 20% of your funds can be used for your daily expenses. Trading is not gambling. It is important to learn how to plan within your capabilities, manage your finances wisely, and make trading easier. I have extensive knowledge in cryptocurrencies, forex, stocks, gold, and crude oil futures products. I will continue to update my daily operation strategies. Thank you for your attention and likes. If you have any questions, please feel free to leave a message. I will provide the most reliable advice to help you.
FX:XAUUSDEducation
by FlashTrades_