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Xauusdsignals

Gold is about to witness a new uptrendGold prices regained momentum after a day of stagnation, as the US Dollar Index (DXY) fell to a two-month low near 101.90 in a four-day losing streak. That said, low US inflation expectations followed by disappointment from US jobs data should weigh on the US Dollar and boost XAU/USD Price. The bearish inflation signals raise expectations to see the US Consumer Price Index (CPI) fall slightly more, expected on Wednesday, thus casting doubt on the Bureau's latest hawkish comments. Federal Reserve (Fed) and Drive Gold Price. SELL XAUUSD zone 1932 - 1935 - Stoploss 1940 (scalp) SELL XAUUSD zone 1948 - 1950 - Stoploss 1957 Conversely, if the Triple Top is formed first, Gold will return to $1907 - $1905, This will help us form a long-term Buy strategy. Note: Installing TP SL fully wins the market and is safe in trading
OANDA:XAUUSDLong
by DNA_TradingFX
3
XAUUSD Channel Down still stands, trade within this range.Gold (XAUUSD) has been trading within a Channel Down pattern for almost 2 months, with it being the correctional wave from the April - May vastly overbought technical levels. Our focus is now on the shorter term were the 4H MA200 (orange trend-line) continues to act as the Resistance and the new 4H MA100 (green trend-line) rejection should technically pull the price down near the Higher Lows trend-line. This projection is modelled out of the May 30 - June 14 fractal. Our sell target is 1906.50, unless the price breaks above the 4H MA200, in which case we will buy the break-out and target the 1D MA50 at 1955. On the medium-term, a bounce on Support 1, can provide the next sell entry that will target the 1D MA200 (red trend-line) within 1,880 - 1,875 which is the long term sellers' target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
1
XAUUSD | Price Action | New perspective | follow-up detailsDespite the less-than-ideal macroeconomic conditions, the gold bull is still putting up a fight. The recent comments made by Powell regarding potential rate hikes have pushed gold to its lowest point in three months. During his semi-annual testimony on the economy, Powell hinted at the likelihood of more rate increases in the coming months, even though the Fed decided to pause on another hike last week. The rise in U.S. interest rates increases the opportunity cost of holding gold. As a result, the gold price experienced a retreat, driven by the strength of the U.S. Dollar Index, breaking below the crucial $1,935 level that had been a strong buying point over the past four weeks. This breakdown was marked by bearish engulfing candles and a notable increase in trading volume. However, buying pressure around the $1,910 level led to a retest of $1,935, creating a situation where the direction of future price action is still uncertain. In this video, we will conduct a thorough analysis of the XAUUSD market, considering both bullish and bearish sentiments, as well as accumulation and distribution patterns. By examining past price patterns, market behavior, recurring trends, and significant support and resistance levels, we aim to gain valuable insights into the potential actions of buyers and sellers in the upcoming week(s). It is important to highlight the key level at $1,935, which will play a crucial role in determining the direction of price action this week. The reactions observed within this zone on Monday will provide valuable indicators, particularly for the first half of the week. Get ready to seize the opportunities that lie ahead! Make sure to stay tuned for updates that will guide our trading decisions throughout the week. 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
XAUUSD | GOLDSPOT | New perspective | follow-up detailsJoin us as we delve into a comprehensive price action analysis of the XAUUSD market in this video. With the gold price comfortably surpassing the $1,950.00 mark and the USD Index remaining weak, we examine the current market conditions. Investors are divided on whether the Fed will implement two more rate hikes this year, putting pressure on the USD Index. Encouraging signs of cooling inflation contribute to the hopeful sentiment. While the Fed maintained steady interest rates in its recent meeting, it has left room for potential rate increases later in the year, depending on forthcoming data. However, Morgan Stanley holds a different perspective, projecting no further hikes and expecting the Fed to maintain a rate of 5.1% until a 25 bps cut in March 2024. Amidst this dilemma, the market mood is cheerful as uncertainty surrounding the interest rate peak subsides after Fed Chair Jerome Powell's presentation of the dot plot. Now, let's discuss our plans for the upcoming week based on price action analysis. In this video, we conduct a comprehensive examination of the XAUUSD market, assessing both bullish and bearish sentiments, as well as accumulation and distribution patterns. By analyzing past price patterns, market behavior, recurring trends, and crucial support and resistance levels, we gain valuable insights into the potential actions of buyers and sellers in the coming week(s). It is worth nothing that we identify a significant level at 1,960, which is expected to play a major role in determining the direction of price action this week. Despite this zone being a strong selling area in recent weeks, the market's indecisiveness becomes evident, reflecting the uncertainty among market participants. The reactions observed on Monday within this zone will provide valuable indicators atleast for the first half of the week. Stay prepared to seize the opportunities that lie ahead! Don't forget to stay tuned for updates that will guide our trading decisions throughout the week. 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
Watch out as gold has had 4 days of lossesOver the past four days, gold has suffered significant losses. As you may already know, this precious metal is known for its stability and reliability as an investment. However, recent events have caused a sharp decline in its value. As someone invested in gold, I urge you to take action. It is vital to consider selling your gold holdings before the market experiences further losses. While it may be challenging to part with your investment, it is crucial to protect your financial well-being. I understand this may be a difficult decision, but it is essential to act quickly. The longer you wait, the more potential losses you may face. I encourage you to consult with your financial advisor or research to make an informed decision. Remember, it is always better to be safe than sorry.
FXOPEN:XAUUSDShort
by bryandowningqln
XAUUSD Outlook 19/6/23 An important rejection 📈Good evening gold gang! Im back from my vacation and im ready to demolish the XAUUSD charts once again I was back in friday NY session and we caught some pips together which was a lovely end of my holiday .. congrats whoever grabbed it with me Ok on to tomorrows bank holiday session. Friday afternoon saw gold touch perfectly the january 30th body high and rejecting it violently on the weekly chart. The week candle closed bearish hammer leaving a huge wick to the downside. This says to me that the price has rejected the bearish side and looks to possibly move up this week! (exciting) I can see a messy zone at the buy side so i have adjusted it to be slightly smaller to account for the wicks .. wait for a closure above there for the buys If sells are coming in .. the clean zone beneath fridays final 4hr candle is very clean and could drop violently .. this could possibly happen it asian, so stay frosty. Ive also added potential reversal spots on the charts for you people that trade reversals .. im just getting into them currently and backtesting a strategy to accommodate. Im a break out trader normally. Im looking forward to a great week on the charts and to interact with you all once again .. leave me a comment if you want to chat XAUUSD Catch you in london! please like and follow along to keep updated tommyXAU
OANDA:XAUUSD
by tommyXAU
5
XAUUSD: What happens next week?Fundamental analysis: Gold's range is quite wide, in another development, this is a large compression area before gold breaks out and does something you can't believe. Market influence: The uncertainty surrounding the Federal Reserve's plans for interest rate hikes is viewed as a significant factor supporting the non-yielding Gold price. However, it is still difficult to predict any significant upward movement in price. Thursday's underwhelming macroeconomic data from the United States has raised concerns about the Fed's ability to continue raising rates, leading to speculation that the current tightening cycle may be coming to an end. Despite this, the Fed has indicated earlier this week that borrowing costs may still need to increase by up to 50 basis points by the end of the year. This, combined with a slight increase in US Treasury bond yields, has helped the US Dollar make a modest recovery from its lowest point in over a month on Friday. A modest strengthening of the USD may discourage traders from making bullish bets on Gold, which is priced in US Dollars. Based on an overview of technical analysis and the political economy, gold is expected to continue to decline
OANDA:XAUUSDShort
by Sphyn-Trader
27
Would you start selling gold with this stock rally underway? As you may have heard, the Federal Reserve recently announced that they would be pausing rate hikes for the time being, with the potential for a boost later in the year. This news has had a significant impact on the gold market, as the US dollar continued to drop, which in turn raised the price of holding gold. Despite this, gold has been range-bound over the last month and has seen little support. As such, I would like to encourage you to consider selling some gold at this time. While it can be difficult to part with an asset, it is important to consider the current market conditions and make informed decisions. By selling some gold now, you may be able to capitalize on the current market conditions and potentially maximize your profits. Of course, it is important to consult with a trusted financial advisor before making any significant decisions.
FXOPEN:XAUUSDShort
by bryandowningqln
GOLD 14/6 - The downtrend is clearly formedGold prices have taken a dip and are currently trading at a daily low of $1,942. This comes after the US dollar struggled earlier in the day, particularly with the US Consumer Price Index falling below market expectations. This has caused some optimism in the market, with gold experiencing a bearish trend on the 4-hour chart. The support levels are at 1,940 - 1,932 - 1,918, while the resistance levels are at 1,966 - 1,972 - 1,987. Technical indicators are approaching oversold levels, and the 34 and 89 EMAs are currently moving around the $1955 level.
OANDA:XAUUSDShort
by DNA_TradingFX
21
XAUUSD: Buy We plan to trade long in the 1958-1948 range today, and the current minimum is 1949. 45m in the chart. The dead cross of MACD has formed. As I said, after the dead cross is formed, its short power will begin to weaken. This is the time for us to trade long positions. Now, our long trades have begun. From the graphic point of view, the current resistance is at 1955, and the support is at 1948 (this is why I plan to do more here today). If it falls below, our long trading will be trapped, but I think this probability is not high. The biggest possibility is that it breaks down quickly and then rebounds quickly, forming a long lower shadow line. Therefore, in this transaction, the probability of our profit again is still very high.
FOREXCOM:XAUUSDLong
by Roey_
2
XAUUSD: Buy In last Friday's trading, the strategy I gave was short selling, and at the same time I briefly explained today's trading, I believe all the friends in the channel know. Today, gold rebounded after stepping back on the support of 1955, which is in line with our plan to be long gold. First of all, congratulations to friends who participated in long trading, they have already reaped some profits. Now, in the gold 1h chart, MACD has formed a golden cross, which is favorable for bulls. Judging from the trend of the previous wave, this rise will break through the resistance near 1969, and the important resistance will appear near 1985. So today's trading focus is on long trading. trading signal: buy:1958-1948 tp:1974-1983
FOREXCOM:XAUUSDLong
by Roey_
1
XAUUSD BUY PROJECTION 11.06.23Looking at the daily chart of XAUUSD, we can see that the overall trend is bullish, with the price trading above its 50-day and 200-day moving averages. The price has also recently broken out of a short-term consolidation pattern, indicating a potential continuation of the uptrend. The Relative Strength Index (RSI) is currently in overbought territory, which could suggest some near-term weakness or a potential pullback. That said, it's worth noting that the RSI has been in overbought territory for several days now without any significant selling pressure, so it's possible that the bullish momentum could continue. In terms of key levels, the first level of support to watch is around $1,950, which is the recent breakout level and also coincides with the 50-day moving average. Below that, the $1,900 level could provide additional support. On the upside, the next level to watch is the recent high of around $2,075. A breakout above that level could signal a continuation of the uptrend, potentially targeting the 2020 high around $2,075. Overall, while there could be some near-term volatility or potential pullbacks, the technical outlook for XAUUSD remains bullish in the medium to long term. It's important to always use proper risk management techniques, such as stop-loss orders, when trading or investing in any financial instrument.
OANDA:XAUUSDLong
by kripsonfx97