Get started

Xauusdsell

GOLD START OF A BEARISH RUN!?This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions. I'll exercise patience as I wait for price to test the lows and subsequently retest the supply zones. Once I receive confirmation on lower time frames, I'll consider initiating sell positions to potentially ride this emerging temporary trend in the coming weeks. My confluences for GOLD sells are as follows: - Gold has lots of imbalances below that need to be filled from previous rally. - Lots of liquidity to the downside in the form of trend line and asian lows. - Two nice supply zones left near current price that we can potentially sell from. - In order for price to continue bullish price must retrace back down. P.S. In the case of gold, there's abundant liquidity on both sides, particularly with numerous Asian highs yet to be taken out. It wouldn't be surprising if price consolidates until Wednesday, when we anticipate the FOMC to significantly impact market movements. Have a great trading week everyone!
OANDA:XAUUSDShort
by Hassan_fx
1
XAUUSD (Gold): Descending Triangle.📈This analysis identifies a potential descending triangle pattern forming on the XAUUSD (Gold) chart after the price successfully reached the target zone within a two-channel price movement. Key Points: The price action established a two-channel pattern with defined support and resistance levels. The price successfully climbed to the target zone within the channel. Following the completion of the channel target, a descending triangle pattern is emerging, suggesting a potential downward price movement. Breakdown: Two-Channel Pattern: The XAUUSD price moved within a well-defined channel characterized by a support level and a resistance level. This price movement indicates a period of consolidation or price discovery. Target Achieved: The price action respected the channel and reached the anticipated target zone within the channel boundaries. Descending Triangle Formation: After reaching the target, the price started forming a descending triangle pattern. This pattern is typically seen as a bearish continuation signal, suggesting a potential price decline. Targets: The descending triangle pattern typically projects a price move down to the height of the triangle measured from the breakdown point. In this case, the target would be around 209 (assuming the breakdown occurs from the current price level). An additional target could be 1989, potentially aligning with significant support levels or previous price swings. Confirmation: A confirmed breakdown from the descending triangle pattern would strengthen the bearish outlook and increase the likelihood of the price reaching the projected targets. Overall, this analysis highlights a potential bearish continuation pattern on XAUUSD following the completion of a two-channel target. Traders should closely monitor the price action for a confirmed breakdown from the triangle to validate the bearish signal. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.
OANDA:XAUUSDShort
by UnknownUnicorn6353257
Gold price rebounds to near the downtrend line, sell highThe price of gold fell yesterday and encountered the first-line support level of 2150. It rebounded in the short-term and rose, but the downward trend still did not break through. The short-term trend in one hour was bearish, and the upper pressure was around 2170. I am willing to sell within the day! Today the gold price will fall below the 2150 mark and head towards 2140 or even lower! In general, it is still in the downward stage of shock. When it rebounds to near the trend line, it can be sold. The target can first see yesterday's support at 2050. Good luck to everyone
OANDA:XAUUSDShort
by Golden-Strategy-Master
xauusd Friday trading strategy Gold should observe the key area above 2171-2174 on Friday. If it cannot break through this area, then gold will still be in a downward trend. Several key positions where gold’s downtrend may break Lower support 2152-2155/2148-2143 strong resistance area 2131-2134 We select trading opportunities based on specific operating trends. I will help you find safe trading areas. I will update my trading ideas in time. If you like my analysis, please give me a like and join me↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓ ↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓↓
FX:XAUUSDShort
by WilliamChloe
XAUUSD:With multiple tops, shorting is the right choice Gold is currently approaching support, but it is not difficult to see from the shape that shorts have an advantage over bulls. The current 30-minute chart shows that multiple tops have formed on the K-line shape, and the highs are constantly moving downwards. In this case, our transactions should be mainly short and supplemented by long, which can reduce transaction risks and increase the probability of making money. The current key support is 2152, followed by 2145 and 2136. When the price reaches these positions, you can try to go long in a small amount. Once you find that the upward trend is weak, close the order in time and switch to short.
FOREXCOM:XAUUSDShort
by Roey_
Gold: The Timeless Asset of ChoiceIn the world of investments, gold has retained its allure through centuries as a safe haven and store of value. Its enduring appeal transcends cultures and generations, offering stability amidst economic uncertainties. As financial markets fluctuate, gold stands as a reliable hedge against inflation and geopolitical turmoil. Beyond its monetary value, gold holds cultural significance, symbolizing wealth, prosperity, and prestige. Whether in times of prosperity or crisis, gold remains a steadfast asset, providing reassurance to investors worldwide.
FX:XAUUSD
by CaterinaGoldTrading
Potential Downward Pressure Looms for GoldAmidst the prevailing market conditions, there are indications suggesting that gold may face downward pressure in the near term. Despite its traditional role as a safe haven asset, gold's recent performance has been characterized by fluctuations and uncertainties. Factors such as improving economic indicators, rising bond yields, and expectations of tightening monetary policies have contributed to a shift in investor sentiment away from gold. Furthermore, the prospect of a stronger US dollar, driven by anticipated interest rate hikes by the Federal Reserve, could further weigh on gold prices as the precious metal typically moves inversely to the dollar. Additionally, the ongoing volatility in global financial markets, coupled with increased risk appetite among investors, may diminish gold's appeal as a hedge against market turbulence. While gold's long-term fundamentals remain intact, short-term price movements may reflect the evolving macroeconomic landscape and shifting investor preferences. As investors navigate the complexities of the market, it is essential to exercise caution and closely monitor developments that could impact gold prices. While the potential for downward pressure exists, prudent risk management strategies and a diversified investment approach can help mitigate exposure to market volatility. In conclusion, while gold may encounter downward pressure in the near term, its fundamental role as a store of value and hedge against economic uncertainty remains unchanged. As the market evolves, staying informed and adaptable will be key to navigating the dynamics of the gold market effectively.
OANDA:XAUUSD
by Midas_Calista
Gold fees fall earlier than statistics from the USGold charges fell 0.2% to $2,171.06 an oz, at the same time as gold futures expiring in April fell 0.3% to $2,175.35 an oz with the aid of using 01:27 ET (05:27 GMT). Bullion charges rose to a report excessive of around $2,two hundred an oz on the begin of the week, however noticed speedy consolidation after hotter-than-anticipated patron fee index information introduced again issues approximately excessive hobby prices. . market. The sturdy CPI analyzing indicates a shift in attention to approaching readings on PPI inflation and retail sales, due out in a while Thursday. Both are anticipated to steer the Federal Reserve`s hobby fee outlook. The information additionally got here in advance of subsequent week's Fed meeting, in which the valuable financial institution is broadly anticipated to hold hobby prices consistent and signaled no on the spot plans to start easing policy. A collection of Fed officers have warned that hobby fee cuts may be in large part decided with the aid of using inflation withinside the coming months. Other valuable metals consolidated in advance of upcoming information. Platinum futures fell 0.4% to $942.forty five an oz, at the same time as silver futures had been consistent at $25,one hundred seventy an oz.
TVC:GOLDShort
by MrTrongVo
PPI - Continue to adjust DOWN XAU⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Traders may also be hesitant and inclined to wait on the sidelines prior to the commencement of the two-day FOMC monetary policy meeting, scheduled to begin next Tuesday. In the interim, the release of Thursday's US macroeconomic data, including the monthly Retail Sales, the Producer Price Index (PPI), and the customary Weekly Initial Jobless Claims, could potentially impact the dynamics of the USD price. These factors, along with US bond yields and overall market sentiment, may play a role in creating short-term trading prospects within the Gold price. ⭐️ Personal comments NOVA: Continuing to expect a correction from Gold, US economic data this week is assessed optimistically Need price range of $2100 for Gold to accumulate more buying power ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2146 - $2144 SL $2140 TP1: $2150 TP2: $2155 TP3: $2160 🔥BUY GOLD zone: $2136 - $2134 SL $2130 TP1: $2145 TP2: $2152 TP3: $2160 🔥SELL GOLD zone: $2198 - $2200 SL $2205 TP1: $2180 TP2: $2165 TP3: $2150 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
2
XAUUSD:Data will be positive for gold bears Hello everyone, the data on the number of initial jobless claims will be released in one hour. I think it has a high probability of being beneficial to gold shorts, so I plan to go short in today's data trading. If you want to follow, please strictly control the risk. Because the market has already experienced a surge, short sellers are likely to use the data to stimulate a strong sell-off. If it is beneficial to the gold bulls and the bulls take the opportunity to counterattack, to regain the advantage, they must break through the resistance in the 2180-2186 range, and the fluctuations will be huge. Therefore, friends who follow, please do a good job in risk management and don't let your account be blown.
FOREXCOM:XAUUSDShort
by Allen_Ex
XAUUSD:Go short first, then go long In terms of technical form, shorts have the advantage. The current main transaction is shorting. After the decline, a small number of long transactions are added to make small rebound profits. In terms of the general trend, we only need to short. If your account is large enough and well funded, you can even hold some short positions until around 2090. Stay tuned as I will continue to share my trading strategies and please contact me if you need specific trading signals.
FOREXCOM:XAUUSDShort
by Allen_Ex
XAUUSD: Predictions on XAUUSD while waiting for US dataIn currency markets today, the US dollar showed little volatility as investors awaited the release of additional economic data from the United States to gauge the potential direction of Federal Reserve policy state. After the release of a higher-than-expected US consumer price index (CPI) on Tuesday, there were fresh concerns about persistent inflation, causing traders to reconsider whether the Fed will start cutting interest rates. capacity in June as previously predicted or not. The possibility of an interest rate cut in June is now considered a 65% chance, down slightly from the 71% probability earlier this week, according to LSEG's interest rate probability application. Expectations for an interest rate cut in July remain high at around 83%. The Fed is expected to maintain interest rates at its meeting next week, but the focus will be on the central bank's updated economic forecasts. Kyle Rodda, a senior financial markets analyst at Capital.com, noted that while recent data has slightly changed interest rate expectations, the consensus has been for three rate cuts for the year. now. He added that a more hawkish stance from the Fed could reduce this expectation to two rate cuts and push the first cut to September, strengthening the US dollar. The dollar index, a measure of the greenback's strength against a basket of six currencies, was relatively unchanged at 102.77. Investors are closely watching US retail sales data, the producer price index (PPI) and the unemployment claims report due out later today for further signs of weakness. economic recession.
OANDA:XAUUSDShort
by Chart_MasterPro
GOLD-CPI changes upward trend U.S. consumer prices rose sharply in February, indicating that inflation is somewhat sticky. Data showed that the consumer price index (CPI) in February increased by 0.4% from the previous month and 3.2% from the same period last year, higher than the expected 3.1%. This further reduces the possibility of the Federal Reserve cutting interest rates before June. The market is now focused on the Federal Reserve interest rate decision on March 19. However, in this interest rate decision, the Fed is unlikely to cut interest rates. There is a high probability that the current interest rates will remain unchanged. Yesterday, CPI changed the upward trend of gold. It can be seen that 2195 is the top of this cycle. Under the downward trend, gold can wait for the resistance point to sell. The support of the 10-day moving average of the daily cycle is now 2135. On Wednesday, we need to observe Tuesday's low of 2150 and the strength of the support of 2135. In the H4 cycle, you need to wait for it to fall below 2150, pull the Bollinger Band open, and make it open, in order to confirm that gold has begun a downward trend. If you don’t know how to trade, join me, learn with me, and improve the success rate of trading profits
FX:XAUUSDShort
by UnknownUnicorn66789012
XAUUSD Wednesday Trend Analysis Gold fell on its first day after the cpi data was released. The current price is 2156. Look at the daily line and 4H line. Gold remains in an uptrend. But there is a downward trend on the 1h line. 1/ Fibonacci first coincides with EMA in the 2165-2169 area. We can try to sell gold. 2/If gold rises and breaks through the 2174 area (the resistance level the day before yesterday), then can we wait/sell gold at 2178-2183 If gold falls directly it could trigger multiple lower resistance levels. The 2131 area is observed as strong resistance and a rebound is likely. The price space of gold is very wide, and we need to judge the trading area based on the specific trajectory. Rather than trading blindly, I wish everyone smooth trading. If my analysis can help everyone, please pay attention and join me, I will update my thoughts.
FX:XAUUSD
by WilliamChloe
💡 XAUUSD: Under pressure from USDGold prices reversed sharply today after the US announced data related to inflation that was slightly higher than forecast. Specifically, the consumer price index (CPI) in February in the US increased by 3.2%, 0.1 percentage point higher than the market expectation of an increase of 3.1%. CPI increased slightly, making investors worry that inflation in the US may heat up. This may cause the FED to maintain high interest rates for a long time. Accordingly, they increase their holdings of USD to help this currency increase in value. Gold price today is in a disadvantageous position. On the other hand, US bond interest rates jumped from 4%/year to 4.14%/year, motivating many people to put capital into bonds. Meaning very little money flows into precious metals. Gold prices today are under more pressure to go down
OANDA:XAUUSDShort
by Stone_Haven
I think gold prices are rising sharply"Hello everyone, let's dive into our strategy for this week and the fresh start of the day! It's evident that XAUUSD experienced a significant uptick yesterday, surpassing the $2055 mark. Currently trading at a new high of $2081 after reaching $2088, what factors propelled this currency pair? Regarding influencing factors: Gold prices soared to their highest level in 9 weeks, breaching the $2,100 mark during Monday's Asian trading session. Optimistic US economic data on Friday fueled speculation of a late-year interest rate cut. Additionally, lower US Treasury bond yields provided added impetus, increasing investor demand for the yellow metal. Regarding the new outlook for XAUUSD: On the daily chart, XAUUSD is currently receiving strong support around the breakout level of $2055. Breaking below this level would lead to a significant price decline, while maintaining it would result in further price appreciation. Expectations are for prices to continue their upward trend following this corrective phase."
OANDA:XAUUSD
by Larissa-Trader
Golden Surge: Price of Gold on the RiseIn recent weeks, the price of gold has experienced a notable upswing, catching the attention of investors worldwide. This surge comes amidst growing economic uncertainty and inflationary pressures, driving demand for the precious metal as a safe haven asset. Analysts predict that this upward trend in gold prices may continue in the near term, reflecting ongoing market volatility and geopolitical tensions. As investors seek refuge from market turbulence, gold stands poised to maintain its status as a reliable store of value and a hedge against economic instability.
OANDA:XAUUSD
by LuxeFX_Trading
Gold Trade Idea on Flag PatternGold Trade Idea Pattern Analysis: Gold has formed a flag pattern, indicating a potential breakout. The flag high will serve as our target price (TP), while the last swing low will be our stop loss (SL) level. CPI News Consideration: Today's CPI data release could introduce volatility. Historically, gold prices have shown sensitivity to inflation data, which can influence Federal Reserve policies⁷⁸⁹. A higher-than-expected CPI may strengthen the dollar, pressuring gold prices, while a lower CPI could see gold prices rally Trade Setup: Entry : Wait for a clear breakout from the flag pattern. TP: Set at the flag high. SL: Place at the last swing low to manage risk. Risk Management: Adjust position size to ensure the SL does not exceed 1-2% of the trading capital. Post-CPI Strategy: - If CPI is higher than expected, be cautious of a potential pullback. - If CPI is lower than expected, prepare for a possible bullish surge. Note : This trade idea is based on current market patterns and upcoming economic news. Please consider your risk tolerance and use proper risk management. --- Remember , the release of CPI data can significantly impact market sentiment and price action. It's crucial to stay updated with the news and be ready to adjust your strategy accordingly. Good luck with your trading! 📈 Follow For More Updates and Trade Idea 💡 & You can see yesterday's posts that all goes as predicted. I will appreciate your comments on ideas as well
FXOPEN:XAUUSDLong
by itmecrypomania