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Xauusdsignal

After the Fed’s Rate Cut: Gold’s Price Action and What’s NextYesterday was another wildly volatile day for OANDA:XAUUSD , with prices dropping approximately 600 pips following the Fed's rate cut. After breaking below the 2645-2650 confluence support on Tuesday, the market entered a day of consolidation with a tight trading range. However, the calm didn’t last long... Yesterday's sharp decline took prices below the 2610-2615 technical support zone and even breached the critical 2600 level. Overnight, Gold rebounded back above 2600, but in my opinion, this recovery is likely a normal retracement and does not signal a bottom for the yellow metal. For bears, the sell zone begins at 2620 and extends slightly past 2630, accounting for the heightened volatility. This area presents an opportunity to look for short entries. The initial target for this move would be yesterday's low, but I wouldn’t be surprised to see Gold drop further toward the 2525 key support level in the near future. As long as prices remain below the 2650-2660 resistance range, the outlook for XauUsd stays firmly bearish .
OANDA:XAUUSDShort
by Mihai_Iacob
2
Silver Rebound Offers Short Trade Potential: Targeting $28In my weekend analysis, I highlighted the potential formation of a Head and Shoulders pattern in Silver's price, with the neckline positioned precisely at the psychologically significant $30 level. Yesterday, the Federal Reserve’s rate cut triggered a drop below this key level. Currently, OANDA:XAGUSD is experiencing a normal rebound. This rebound may provide traders with an opportunity to consider short positions if the broken $30 level is retested. The next significant support level is at $28, which could serve as the target for this potential move.
OANDA:XAGUSDShort
by Mihai_Iacob
2
Xauusd target 2642 today?? Here's a summary of your updated XKD/USD trade plan: Trade Plan - *Entry Point*: 2607 (current) - *Target*: 2642 - *Stop-Loss*: 2594 Market Analysis The XAU/USD is experiencing a bullish rebound, driven by a weakening US dollar and increasing inflation concerns. Technical Analysis - *RSI Indicator*: The Relative Strength Index (RSI) is above 40, indicating a potential bullish reversal. - *Moving Averages*: The 50-day moving average is trending upwards, supporting the bullish view. - *Support Levels*: The support levels at 2594 and 2585 could provide a buying opportunity in case of a pullback. Risk Management - *Risk-Reward Ratio*: Your risk-Reward ratio is approximately 1:2.4, which is relatively aggressive. - *Position Sizing*: Make sure to adjust your position size according to your risk tolerance and account size. Stay disciplined and stick to your trade plan. Good luck!
OANDA:XAUUSDLong
by Geroge_Fx
Smart Gold Trading Strategy: Catching the Next Big Move! Hello, traders! 👋✨ Welcome to a new market analysis. Today, we’re diving into a trade on gold (XAU/USD) on the 1-hour chart. 🚀 This precious metal continues to provide great opportunities, and this time is no different. I’ve decided to go long at the 2670 level, and here are the details of my strategy: - Entry (Long): 2670 - Take Profit (TP): 2734 - Stop Loss (SL): 2606 This trade is supported by technical analysis. The price appears to be holding a key support level, and indicators are signaling potential for an upward move. The stop-loss is set at 2606 to protect against unexpected reversals, while the take-profit target at 2734 aligns with a strong resistance zone. The risk-to-reward ratio here looks very promising. 📈 While my target is set, I’m always ready to adjust. If I see an opportunity to take profits earlier, I won’t hesitate to act. Staying flexible is key in trading! 📊🚀 What do you think of this setup? Are you trading gold this week? Let me know in the comments, and don’t forget to like and subscribe for more trading insights! 🔥 Disclaimer: This content is for educational purposes only and is not financial advice. Trade at your own risk and consult a professional before making investment decisions.
CAPITALCOM:GOLDLong
by FXOnTop
Gold Analysis==>>PumpingToday, U.S. Retail Sales figures were released. Retail sales increased by 0.7% , surpassing the forecast of 0.6% . However, Core Retail Sales rose by only 0.2% , below the anticipated 0.4% . These figures indicate continued strength in U.S. consumer spending, which can lead to a stronger U.S. dollar ( TVC:DXY ) . A stronger dollar typically exerts downward pressure on gold prices, as gold is priced in dollars, making it more expensive for international investors when the dollar appreciates. However, it's important to note that multiple factors influence gold prices, including upcoming Federal Reserve decisions on interest rates and global economic conditions. ---------------------------------------------- Gold ( OANDA:XAUUSD ) continued to fall as I expected and is currently moving through the Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold seems to be completing wave 5 . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Gold to start rising again from the PRZ and Support lines and attack the Resistance lines . ⚠️Note: If Gold breaks the Support zone($2,642-$2,620), we can expect more dumps.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
4
XauUsd- New leg down towards 2610 support?In my Friday analysis, I highlighted that while the 2660-2665 zone is a technical support, it is too obvious and very likely to fall. This prediction came true as the week closed with Gold trading below this level, forming a strongly bearish daily candle. Additionally, a Pin Bar from the 2700+ resistance zone appeared on the weekly chart, reinforcing the bearish outlook. During the Asian session last night, the price tested the ascending trendline, and as of now, Gold is trading at 2656, hinting at a potential rebound following the 800-pip drop from its recent peak. Looking ahead, if a deeper rebound occurs, the 2680 zone will be a key level for bears to monitor. This area presents an ideal shorting opportunity given its favorable risk-to-reward setup. At the moment, I’m out of the market, waiting to sell into signs of weakness, with 2610 support as my target.
OANDA:XAUUSDShort
by Mihai_Iacob
18
interest rate cut! most important data end of 2024⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold price (XAU/USD) extends its recovery from the $2,633 level, a one-week low, and gains modest traction during the Asian session on Wednesday. The uptick appears to be driven by repositioning ahead of a key central bank event. However, gains are likely to be limited as traders await the outcome of the crucial two-day FOMC policy meeting later today. The Federal Reserve (Fed) is broadly expected to cut interest rates by 25 basis points and signal a more cautious approach to further rate reductions. ⭐️Personal comments NOVA: The market will pick up and recover when the FED lowers interest rates later today. But it won't have too much of an impact because most investors won't be too surprised. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2664 - $2662 SL $2667 scalping TP1: $2658 TP2: $2652 TP3: $2645 🔥SELL GOLD zone: $2694 - $2696 SL $2702 TP1: $2685 TP2: $2670 TP3: $2660 🔥BUY GOLD zone: $2607 - $2605 SL $2600 TP1: $2618 TP2: $2630 TP3: $2645 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
4
#XAUUSD 4HXAUUSD Based on the 4-hour analysis, I am currently monitoring key support levels at 2610.00 and 2605.00 for potential buying opportunities. Target levels: 2660.00, 2680.00, 2700.00, and 2780.00. Important note: If the price closes below 2600.00, it is advisable to avoid any buying positions. For now, refrain from placing any pending orders. Wait for strong bullish confirmation signals before entering a trade. This setup represents a significant swing trade opportunity.
OANDA:XAUUSDLong
by PIPSFIGHTER
Gold Market Update: Indecision Dominates Ahead of FEDYesterday, OANDA:XAUUSD broke below the key confluence support at 2645. However, the drop lacked meaningful follow-through. After reaching a local low at 2633, the price reversed and closed right at the confluence level. As of now, gold remains virtually unchanged from Friday's close. Monday saw a spike up to 2665, while yesterday marked a dip to 2633, reflecting market indecision. Technical Perspective: At the time of writing, gold is trading below this critical level, currently at 2643. If the break below support proves genuine, bears will likely target the 2610-2615 zone, as highlighted in my previous analyses. Conversely, if the price climbs back above 2655, the recent dip would be considered a false breakout, shifting the focus to the upside, with the 2680 zone as the next target. FED's Influence: The market awaits clarity from the Federal Reserve’s announcement and press conference today, which could provide direction for gold in the coming days.
OANDA:XAUUSD
by Mihai_Iacob
4
Gold Influenced by Various Factors, Focus on The Fed's DecisionGold prices need to clear $2,664-$2,664 levels for investors to gain control of the short-term market. From a technical perspective, any subsequent up-move might face hurdles near the weekly highs, around the $2,664-$2,666 area touched on Monday, ahead of the $2,677 area. A sustained strength beyond the latter should allow Gold prices to reclaim the $2,700 round figure. The up-move could extend towards the monthly swing highs, around the $2,726 zone, above which XAU/USD is likely to resume its upward trajectory. On the flip side, the overnight swing low, around the $2,633 region, now seems to protect the immediate downside ahead of the monthly trough, around the $2,614 zone. This is followed by the $2,600 level, which, if broken decisively, will be seen as a fresh trigger for bearish traders and make Gold prices vulnerable to extending the recent sharp decline from the one-month highs touched last week.
FOREXCOM:XAUUSDShort
by yunusbachtiarr
Accumulated gold - information about interest rates is comming ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) inch higher during Tuesday's Asian session but struggle to sustain momentum, hovering near the one-week low reached on Monday. Market participants remain cautious, awaiting the conclusion of the Federal Reserve's two-day meeting on Wednesday before making new directional moves. Attention will center on the Fed's policy statement, the updated dot plot, and remarks from Chair Jerome Powell during the post-meeting press conference. Investors are keen for insights into the future path of rate cuts, which could influence the US Dollar (USD) and provide clearer direction for gold prices. ⭐️Personal comments NOVA: The market is currently waiting for important information to lower interest rates tomorrow. The positivity will return when it reduces another 0.25 points tomorrow. ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2678 - $2680 SL $2685 TP1: $2670 TP2: $2660 TP3: $2650 🔥SELL GOLD zone: $2663 - $2665 SL $2668 scalping TP1: $2655 TP2: $2640 TP3: $2630 🔥BUY GOLD zone: $2626 - $2624 SL $2619 TP1: $2635 TP2: $2648 TP3: $2655 ⭐️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
OANDA:XAUUSDShort
by Nova-Scalper
1
Buying opportunity at 2643-2628Gold is currently facing some selling pressure near 2648, but the overall trend remains bullish with a high probability of breaking through. In the coming days, prices are likely to rise above 2660, making buying the primary trading direction for now. In a weak market, gold may fluctuate multiple times within the 2643-2628 range to build up momentum. In a strong market, prices could rally after just one retest today. However, there’s also a possibility of breaking below the support. If that happens, the likelihood of a short-term drop to 2580 will increase significantly.
OANDA:XAUUSDLong
by TradingGuide_Dean
Gold range fluctuations, short-term profit strategyOn the daily level, the pressure is at 2665-2675, and the support below is around 2640. If it continues to weaken, the rebound may not be too large, but it is a small deviation, so it is not easy to chase the short for the time being, waiting for the rebound to go short. If it breaks 2640 further below, then it will be a small rebound and go short, but for now, it is still tentatively set at 2640-2675 for the beginning of the week! Overall, today's short-term operation strategy for gold is to focus on rebound shorting and callback longing. The short-term focus on the upper side is 2670-2675 resistance, and the short-term focus on the lower side is 2640-2643 support.
OANDA:XAUUSD
by ckb6ckb6
#XAUUSD/GOLD 4HXAUUSD 4-Hour Analysis The XAUUSD (Gold) pair has broken below a significant trendline support on the 4-hour chart, signaling a shift in momentum to the downside. This breakdown indicates increased selling pressure and provides a strong opportunity for bearish positions. Technical Outlook: Pattern: Trendline Support Line Breakdown Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position after confirming the breakdown with bearish price action signals, such as a retest of the broken support line acting as resistance or the formation of lower highs and lower lows. Traders should monitor indicators like RSI for confirmation of bearish momentum or MACD for a bearish crossover. Risk management is essential, with stop-loss orders placed above the retest level and profit targets set at key support zones below.
OANDA:XAUUSDShort
by PIPSFIGHTER
XAU/USD Strategy: Selling Rallies Amid Bearish StructureIn my analysis of XAU/USD yesterday, I highlighted that after the 800-pip drop, a rebound was likely. However, given the weekly Pin Bar and the bearish daily structure, I emphasized that any upward move should be viewed as a correction and an opportunity to sell. Indeed, the market did see a rebound, but it was weak and short-lived. After reaching the 2665 zone, the price reversed to the downside and ended the day with minimal change. Currently, the price sits at 2652, with the recent lows now acting as confluent support, reinforced by the rising trendline from the recent bottom. A decisive break below this support zone would shift focus to the next key level at 2610-2615. My strategy remains unchanged: I continue to look for selling opportunities on rallies.
OANDA:XAUUSDShort
by Mihai_Iacob
1