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Xauusdtradeidea

GOLD XAUUSD BUY TRADE ?The violence in Israel that erupted this weekend is prompting a move into safe-haven assets as investors closely watch events in the Middle East to gauge the geopolitical risk to markets. Technically Gold Setup: After monday market gap up open we see small pullback of gold and test 1844 level sweep the Buy side liquidity and break its Day high and test 1865. Tuesday(Today); Gold Price retrace to its h4 Imbalance or fair value gap and mitigate the gap and in 1h test its 61% fib level so here we wait for the break out of 15h structure to the upside 1859. Then we enter our long position for the target of 1872 Weekly or daily gap fill level and price fill the gap of march 2023.
FXOPEN:XAUUSDLong
by naumanfx_
3
XAU/USD Retains Support Above $1,910 Amid Global UncertaintiesGold prices are showing resilience above the $1,910 support level, as markets await significant US inflation and employment data. Mixed statements from the Federal Reserve, as well as China's economic policy moves, are impacting market sentiment. Meanwhile, technical levels suggest room for both upside and downside movement in the near term. TRADE IDEA DETAILS CURRENCY PAIR: XAU/USD CURRENT TREND: Sideways with upside potential TRADE SIGNAL: Conditional Buy/Sell 👉ENTRY PRICE: Buy around $1,925 (upon breaking resistance) Sell around $1,900 (upon breaking support) ✅TAKE PROFIT: Buy: $1,935 Sell: $1,885 ❌STOP LOSS: Buy: $1,915 Sell: $1,910 ANALYSIS: Based on the current market conditions and upcoming economic data releases, a conditional buy/sell signal is recommended. A breach above $1,925 could indicate a bullish trend, targeting $1,935. Conversely, a break below $1,900 could suggest bearish momentum towards $1,885. FINAL THOUGHTS: Given the market's sensitivity to upcoming economic data, it's crucial to be prepared for both bullish and bearish scenarios. Utilize a conditional order strategy and monitor closely for market-triggering events. Keep an eye on geopolitical developments that could sway sentiment.
OANDA:XAUUSD
by RichDadph-FX
Gold Price Stalls as Markets Eye Fed's Jackson Hole SymposiumGold prices are trading cautiously around $1,895, affected by factors like US yields, China's economic woes, and anticipation of the Federal Reserve's actions. Investors eye Jerome Powell's upcoming speech for insights into the US economy and the Fed's monetary policy. A disappointing rate cut by the People's Bank of China adds to the complexity. Markets are also looking to US Existing Home Sales data. The intricate scenario calls for caution in investment strategies around Gold. TRADE IDEA DETAILS CURRENCY PAIR: XAU/USD (Gold/US Dollar) CURRENT TREND: Consolidating below $1,900 mark TRADE SIGNAL: Buy (Based on the current market scenario) 👉ENTRY PRICE: $1,895 ✅TAKE PROFIT: $1,920 ❌STOP LOSS: $1,880 Fundamental Analysis: The anticipation of a 25 bps interest rate hike by the Fed, mixed with China's economic woes and a lower US Dollar Index, creates a complex but potentially bullish environment for Gold. Technical Analysis: XAU/USD has shown support around the $1,885 region, with resistance near the $1,900 mark. A potential breakout above this level could lead to an uptrend targeting the next resistance at $1,920. Economic Indicators: The Jackson Hole Symposium and upcoming US data releases, such as Existing Home Sales, could significantly influence the price action. Time Frame: The trade is aimed at a short to medium-term horizon, targeting a 1-2 week timeframe, with close monitoring of key economic events.
OANDA:XAUUSDLong
by RichDadph-FX
1
GOLD SHORT TERM INTRADAY IDEAIntraday analysis - GOLD - ( 9 MAR 2023 ) Price is currently ranging with relatively low volume in preparation for tomorrow's high impact news. This is very common as before a high impact news like NFP / FOMC , price of gold tends to consolidate and have choppy price action. I am expecting good data for NFP whereby based off PMI we have good data and PMI is generally used as a reflection of how good NFP would be. However this is still just a gauge and waiting for data to release is a wiser option. My analysis stands with HRHR SELLS AT 1828 MRMR SELLS AT 1820 SAFEST SELLS BELOW 1812 Note that if we fail to break the lows at 1809, scale out or leave a small runner However if we break the intraday high at 1823, we can potentially head towards 1828 and a break of 1828 we can head towards 1832. HRHR BUYS AT 1823 MRMR BUYS AT 1828 SAFEST BUYS ABOVE 1832 Based off all the key fundamentals this week , from ADP , JOLT JOBS , FED CHAIR TESTIFYING , USD dominance is back and i will be playing by the fundamentals backing my trade hence my bias i shorts. However if the employment data released tmrw is bad , do expect a higher retracement to greater sell side liquidity or even a potential shift in market sentiment. An updated analysis will be given after NFP on Monday. Personally i need a new low to be printed on Gold for more confirmations that price will head lower in the coming weeks. ADVICE : DONT TRADE HIGH IMPACT NEWS. CAPITAL PRESERVATION IS KEY AND TRADE OPPORTUNITIES WILL ALWAYS BE THERE AFTER THE NEWS.
OANDA:XAUUSD
by CJ_GOLDPIPS
XAUUSD:Weak upward momentum,1820 short After each wave of market activity, successful traders reap joy, profits, and experience, while unsuccessful traders face sadness, losses, and lessons. The same market, the same time, but different results. Which type are you? If the direction is right, the road ahead is not daunting. Witness your strength with time, win the future with your abilities, let trust become profit, and dispel doubts with profits. Powell said that the terminal value of interest rates may be higher than expected, and the central bank is prepared to increase the pace of rate hikes if necessary. Powell emphasized the theme of "slowing inflation" in a speech a month ago, changing the aggressive tone following the release of U.S. employment data. The increase in hawkish sentiment has pushed the U.S. two-year Treasury yield to its highest level since 2007, which may put pressure on precious metal prices. The probability of the Fed raising rates by 50 basis points at the March rate decision has increased. Currently, the implied terminal rate for the federal funds rate futures is 5.63% (expected to be reached in September). This is up from 5.48% before Powell's testimony and only 5% at the end of January. The terminal rate is expected to be nearly 100 basis points higher than the current Fed policy rate of 4.5%-4.75%. The focus of the market is currently on U.S. employment data, which will be released this Friday, and U.S. CPI data next week. Non-farm payroll employment in February is expected to increase by 224,000, slowing down from the 443,000 in January, while the unemployment rate is expected to remain near its 50-year low of around 3.4%. The CPI in February is expected to slow down to 6.0% from 6.4% in January, but the core CPI may still stabilize at 0.4% monthly. Better-than-expected U.S. economic data may continue to put pressure on precious metals. During the super data week, technical analysis often appears to be ineffective because the market is always driven by the main funds. Today's operation strategy is mainly short on rebounds, and the bullish trend has been seriously affected. Short-term bulls are weak, and it is recommended to follow the trend. Personal operational advice: short near 1820, with a focus on targets of 1810-1804. I will continue to monitor the trend of XAUUSD, and update the strategy as needed in a timely manner. Please stay tuned.
FX:XAUUSDShort
by FlashTrades_
2
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
XAUUSD:Short first then long on opening After every market wave, successful traders reap joy, profits, and experience, while unsuccessful traders face sadness, losses, and lessons. Same market, same time, different results, which one do you belong to? If the direction is right, the road is not daunting. Time witnesses strength, and strength wins the future. Let trust become profit, and profit dispel doubt. The market changes rapidly, same candlestick, different perspectives, different results. Facing the ups and downs of candlesticks, are you confused, afraid of rising, and falling? Plan your trades, trade your plans. The road to success is simple. With a clear understanding, you can be at ease. The market offers many opportunities, it depends on whether you can seize them. If you are always hesitant and confused when facing opportunities, you might as well follow my rhythm and see if it can enlighten you. XAUUSD formed a double bottom support on the hourly chart, and the moving averages formed a bullish cross, indicating a clear bullish signal. The opening is expected to test the 1860 resistance level, then break through the previous high after a dip. The main idea for next week is to follow the trend and buy on dips. Personal trading plan: Short at 1860, with the first target at 1850, the second target at 1840, and stop loss at 1870. Buy again at 1840, with the first target at 1855, the second target at 1870, and stop loss at 1830. Next week, it is important to pay attention to the ADP and NFP data, as this data will greatly impact the XAUUSD trend. Please focus on it, and I will also help analyze the data situation. If there are any changes in the market, I will update the strategy in time. If you have any questions, please leave me a message, and I will give you the safest strategy. FOREXCOM:XAUUSD
FOREXCOM:XAUUSDLong
by FlashTrades_
2
XAU NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 UoTrend in Green (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). White trend is a trend broken that was in my last publication. FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham
XAU NEAR FUTURE PREDICTIONS(DailyChart)Technical Analysis Summary XAU/USD TREND ANALYSIS We have 1 Uptrend Trend in Green (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White Levels are levels that represent tight stoplosses or support and ressitance levels from the past to show old publications. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
OANDA:XAUUSD
by husseindergham