Get started

Xauusdupdates

Navigating the Gold Market: Tips for Investors Gold, often hailed as a safe-haven asset, is increasingly finding itself at the mercy of two powerful forces: China and the U.S. dollar. As these two economic giants influence global markets, their actions have a direct impact on the price of gold. China's Growing Appetite for Gold China's insatiable demand for gold has been a significant driver of the yellow metal's price. The country's burgeoning middle class, coupled with its cultural affinity for gold, has fueled a surge in gold consumption. This demand is not limited to jewelry; it extends to investment purposes as well. China's central bank, the People's Bank of China (PBOC), has also been a major buyer of gold. By diversifying its foreign exchange reserves, the PBOC aims to reduce its reliance on the U.S. dollar and mitigate risks associated with geopolitical tensions. As China continues to accumulate gold, it exerts significant influence over the global gold market. The Dominance of the U.S. Dollar The U.S. dollar, as the world's primary reserve currency, holds immense sway over the global economy. Its value relative to other currencies, often referred to as the "dollar index," has a significant impact on the price of gold. When the dollar strengthens, it typically leads to a decline in the price of gold. This is because gold is priced in U.S. dollars. As the dollar appreciates, it becomes more expensive for foreign investors to purchase gold, which can dampen demand and put downward pressure on prices. Conversely, when the dollar weakens, gold often appreciates. A weaker dollar makes gold more affordable for foreign buyers, stimulating demand and driving up prices. The Interplay Between China and the U.S. Dollar The interplay between China's growing demand for gold and the strength of the U.S. dollar creates a complex dynamic that can impact the price of gold. • Competing Forces: China's demand for gold can support prices, while a strong U.S. dollar can exert downward pressure. • Geopolitical Tensions: Geopolitical tensions between the U.S. and China can exacerbate market volatility and impact the price of gold. • Global Economic Conditions: Global economic conditions, such as inflation, interest rates, and economic growth, can also influence the demand for gold. The Future of Gold The future of gold remains uncertain, but China and the U.S. dollar will continue to play a significant role in shaping its price. As China's economy grows and its influence on the global stage increases, its demand for gold is likely to remain strong. However, the strength of the U.S. dollar will also be a key factor. If the dollar strengthens significantly, it could put downward pressure on gold prices. Conversely, a weakening dollar could support gold prices. In conclusion, gold's future is intertwined with the economic and geopolitical landscape. While it remains a valuable asset, investors should carefully consider the impact of China and the U.S. dollar on its price. Diversification and a long-term investment horizon may be prudent strategies for those seeking exposure to gold. Additional Factors Affecting Gold Prices • Inflation: Gold is often seen as a hedge against inflation. As inflation rises, the purchasing power of fiat currencies declines, making gold an attractive investment. • Interest Rates: Higher interest rates can reduce the appeal of gold, as investors may prefer to invest in interest-bearing assets. • Market Sentiment: Investor sentiment and market psychology can significantly impact gold prices, especially during periods of economic uncertainty. • Supply and Demand Dynamics: Global gold production and demand can influence prices. Changes in mining production or shifts in consumer demand can affect supply and demand dynamics. By understanding the interplay of these factors, investors can make more informed decisions about investing in gold.
OANDA:XAUUSD
by bryandowningqln
Recovery continues! Expected price range 2644⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices surged over 1.80% early this week, recovering from a two-month low of $2,536 to climb above $2,600. Heightened tensions in the Russia-Ukraine conflict, coupled with a weaker US Dollar, supported Gold’s rise on Monday. At present, XAU/USD is trading at $2,610. Market sentiment on Wall Street is mixed, with two major US equity indices posting gains while the other two remain volatile. Geopolitical developments remain a key driver for Gold, as Russia’s large-scale offensive in Ukraine prompted a response from the White House. ⭐️Personal comments NOVA: Gold price still shows strong upward momentum, recovery may be higher approaching potential price zones such as 2644 - 2673 ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone: $2644 - $2646 SL $2649 TP1: $2638 TP2: $2630 TP3: $2620 🔥SELL GOLD zone: $2673 - $2675 SL $2680 TP1: $2660 TP2: $2645 TP3: $2630 🔥BUY GOLD zone: $2589 - $2587 SL $2582 TP1: $2595 TP2: $2610 TP3: $2620 ⭐️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
1
Market Analysis and Trading RecommendationsDear traders, over the past few days, I had the pleasure of meeting several VIP members for one-on-one sessions. During these meetings, I provided detailed guidance on trading strategies and methods, which proved highly effective. If any of you would like a similar experience, feel free to book in advance for personalized assistance. Weekly Market Overview Last week, we focused on short positions, successfully capturing the downward market momentum. This week, with a lack of significant market-moving news, the trend has shifted to a technical recovery rally. Hence, our primary trading approach will revolve around strategic long positions. From the current price action, the 2613-2612 zone stands out as a robust support area with dense trading activity. This provides an ideal entry point for long positions, with significant upside potential as highlighted in the chart. Trading Strategy for Today Entry Level: Enter long near 2615; Add Positions: Consider increasing exposure if the price drops to the 2610 area; Stop-Loss Guidance: Place stop-loss below the critical support level, adjusted to individual risk tolerance. This strategy is based on a combination of technical analysis and market sentiment, aiming to capitalize on the corrective upward movement. For detailed trading plans, VIP members are encouraged to reach out for exclusive insights. Reminder: All trades involve risk. Ensure proper position sizing and adherence to your trading plan.
OANDA:XAUUSDLong
by Falcon-Training-Camp
Gold’s Next Move: Short Trade Setup Amid Key RetracementGold has retraced to the 0.5 Fibonacci level within the cloud zone, trading above the 200 Moving Average (MA) on the 30-minute timeframe. While the smaller time frame shows a bullish structure, the higher time frame remains firmly bearish. This trade capitalizes on the short-term bullish momentum within the retracement phase, keeping the broader bearish trend in mind for risk management. Our approach is focused on capitalizing on the retracement for a short position while aligning with the overall bearish trend. If the price fails to hold key levels, a deeper bearish continuation is expected. Technical Analysis: • Retracement Level: Gold is at the 0.5 Fibonacci cloud level on the 30-minute chart. • Moving Average: Currently trading above the 200MA on the lower time frame, indicating temporary bullish momentum. • Higher Time Frame: Still bearish, reflecting a downtrend in the broader structure. • Recent Price Action: Gold surged 1.13% above the 200MA, then retraced into the cloud, testing support for the next move. • Trade Setup: Short-term bearish execution with targets aligned to the broader downtrend, capitalizing on the retracement level as an entry point while considering the smaller time frame’s temporary bullish momentum. Fundamental Overview: Gold prices rebounded in Asian trading, supported by easing US Treasury bond yields and a softer US Dollar. Geopolitical tensions between Russia and Ukraine and expectations of further stimulus measures from China provide additional support for gold. However, long-term concerns about US monetary policy and interest rate stability may weigh on the metal’s trajectory. Traders are closely monitoring signals from Federal Reserve policymakers regarding future rate hikes. Additionally, the market is cautious about potential ripple effects from Nvidia Inc.’s earnings on the broader sentiment. This trade takes advantage of the short-term bullish retracement on the lower time frame while staying aligned with the higher time frame’s bearish outlook. Proper risk management and vigilance toward key fundamental triggers remain essential. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:GOLDShort
by AR33_
XAUUSD:Long and short trading strategy of the day Yesterday's gold rose all the way, the daily line closed the sun line, we can't deny that the market is always right. We are still insisting on bearism it directly V turned over, the main rising market has a number of reasons, one is the escalation of the situation in Russia and Ukraine, another is the strengthening of interest rate reduction expectations. The recent market is the elevator market straight up and down, yesterday's gold 2564 rose to 2614, and then again pulled up to 2623, up 60 points at present, short-term form and indicators have turned more, but the weekly line has not changed the big short, in the operation first follow the short long low, in the big pressure or to short, Now gold is a big rebound after the big fall, the weekly big V shape has not been formed. The daily sun will support today's long inertia rise, Asia and Europe period to find the opportunity to bear, if directly pulled up to 2642-2648 this weekly pressure can also be short, short - term back step waiting for more opportunities, 4 hours of strong support has been up to 2589 near, hourly support near 2603. This is the long point, now adjust your mind to follow it. Support 2603 and 2589, pressure 2629, strong pressure 2642-2648, disc strong and weak water line 2603.
TVC:GOLDLong
by Boooooob
XAU/USD 19 March 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price Action Analysis: In my analysis dated 12 November 2024, I highlighted the anticipation of a bullish Change of Character (CHoCH) as an indication of a bullish phase initiation. Price has now confirmed this by printing a bullish CHoCH. Currently, price is trading within an established internal range and remains consistent with the broader pullback requirements of higher timeframes. This internal range forms the basis for today's expectations. Intraday Expectation: Price is anticipated to trade up to the premium of the internal 50% equilibrium (EQ), where it is currently positioned. Alternatively, price may trade higher to reach the H4 supply zone before targeting the weak internal low at 2,536.855. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price Action Analysis: According to rules and a systematic process, price has printed a further bullish iBOS in-line with HTF bullish pullback phase. Currently CHoCH positioning, which is denoted with a blue dotted line, and internal low are positioned close-by, therefore, price could print new highs to reposition CHoCH. You will note the internal range has significantly narrowed. The printing of a bearish iBOS could potentially be an early signal that the H4 pullback phase has completed. Intraday Expectation: For today's session, we are looking for confirmation of a bearish pullback phase by price printing a bearish CHoCH. Bearish CHoCH positioning is currently marked with a blue dotted line. Alternative scenario: H4 remains in bullish pullback phase and is currently trading in premium of 50% EQ where we could see a reaction, therefore, it would not surprise me if price printed a bearish iBOS on M15 TF. Note: With the Federal Reserve's dovish policy approach and rising geopolitical tensions, heightened volatility in Gold prices is expected to continue. Traders should remain cautious and prepared for potential whipsaws in price action. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD "Gold vs USD" Market Money Heist Plan on Bearish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XAU/USD "Gold vs USD" Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Pink Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback. Stop Loss 🛑 : Recent Swing Low using 2h timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. 💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
FXOPEN:XAUUSDLong
by Thief_Trader
XAUUSD, 30-MINUTES TIMEFRAME CHARTXAUUSD, 30-minute timeframe chart XAUUSD break the resistance level of 2,612.00 General outlook XAUUSD has been under buying pressure within the last day. The pair moved up to the resistance level of 2,612.00. Possible scenario The best way to use this opportunity is to place a buy limit order at 2,612. Set your stop loss at 2,605. below the previous low ($7.00 loss for 0.01 lot) and take profit at 2,635. ($23.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
TVC:GOLDLong
by QAZIFXTRADER
XAU ! Nov 18 ! Scalping BUY retest entry BREAK XAU / USD trend forecast November 18, 2024! SCALPING Gold prices saw their steepest weekly drop since September 2023, falling to a two-month low last week as the US Dollar surged to its highest level in over a year. Over the weekend, geopolitical events spurred safe-haven demand, helping the precious metal regain strong upward momentum during the Asian session as the new week began. US President Joe Biden approved Ukraine's use of US-supplied long-range missiles for deeper strikes inside Russia, which, in response, has reportedly deployed North Korean troops to bolster its military efforts. Trendline M30 - price drops to trend BREAK point, then bounces back /// BUY XAU : zone 2575-2572 SL: 2569 TP: 40 - 80 - 150 pips (2587) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
Trade Plan for Gold (XAUUSD)Gold is currently moving within a descending channel, indicating a downtrend. It is consistently setting lower highs (LH) and lower lows (LL), confirming bearish market sentiment. Additionally, the RSI is in sync with the price action, reinforcing the downtrend. Entry Point: Sell at 2603, which serves as the next significant resistance level. This level is also close to the 0.382 Fibonacci retracement derived from the previous Lower High (2709) and Lower Low (2534). Stop Loss: Place the stop loss at 2710, above the last Lower High (LH), ensuring protection against false breakouts. Take Profit Levels: TP1: 2496, aligning with the lower boundary of the descending channel and maintaining a conservative target. TP2: 2389, aiming for the continuation of the downtrend if the price breaks the next support levels. Trade Notes: Monitor RSI for divergence or loss of momentum near critical levels. Confirm the continuation of the descending channel by observing price behavior near 2603 before entering the trade. Adjust the plan dynamically based on any breakouts or unexpected shifts in the broader market sentiment.
CAPITALCOM:GOLDShort
by Naqash16046
Gold encounters safe-haven rally, trend analysis and strategyLast week, the daily gold line fell to 2536 and supported on the 20-day moving average. Affected by the risk aversion of Russia and Ukraine at the end of the week, the Asian session rose by $30 compared with last Friday, and the price was above the oscillating platform. From the perspective of the 1-hour chart, the rebound has not ended! Sell high and buy low during the day! The 4-hour moving average of gold is still arranged in a bearish divergent downward, and there is still no sign of turning. The decline of gold has not ended. In the short term, it is just a rebound. There are still many resistances above gold. Continue to go short at highs under the upper resistance of 2618. Gold 2616 can enter the market first. First support: 2571, second support: 2563, third support: 2554 First resistance: 2605, second resistance: 2616, third resistance: 2627 Trading strategy: BUY:2573-2571 SELL:2616-2618 Sell high and buy low according to resistance support
OANDA:XAUUSDShort
by Jun-GoldAnalyst
XAU/USD 18 November 2024 Intraday AnalysisH4 Analysis: -> Swing: Bearish. -> Internal: Bearish. Price Action Analysis: Analysis remains the same as analysis dated 12 November 2024. Price has printed both a bearish Internal Break of Structure (iBOS) and a subsequent bearish Break of Structure (BOS), confirming the need for a pullback across all higher timeframes (HTFs). Currently, price action remains in alignment with the broader pullback requirements. Intraday Expectation The expectation for the intraday session is that price will print a bullish Change of Character (CHoCH) to signify the initiation of a bullish pullback phase. The positioning of this bullish CHoCH is indicated by the blue dotted line on the chart. However, it is also possible that price could extend to a new low, bringing the CHoCH positioning much closer to the current price action, setting the stage for a potential bullish reversal signal. Note: Given the Federal Reserve’s dovish stance and ongoing geopolitical uncertainties, heightened volatility in Gold prices is anticipated to persist. Traders should exercise caution and remain vigilant in this high-volatility environment. H4 Chart: M15 Analysis: -> Swing: Bearish. -> Internal: Bullish. Price Action Analysis: The prior intraday expectation was invalidated as price printed a bullish Internal Break of Structure (iBOS), signaling a shift in internal order flow. Following bullish iBOS, the next anticipated move is the printing of a bearish Change of Character (CHoCH), which would indicate the initiation of a bearish pullback phase. This CHoCH positioning is marked by a blue dotted line. Intraday Expectation: For today's session, we are looking for confirmation of a bearish pullback phase by price printing a bearish CHoCH. Bearish CHoCH positioning is marked with a blue dotted line Alternative Scenario: On the H4 timeframe, there are signs of a bullish pullback phase potentially developing, though there is no confirmation as of yet. In my view, the bullish momentum on the M15 timeframe is to assist the H4 timeframe in confirming its pullback phase. Note: With the Federal Reserve's dovish policy approach and rising geopolitical tensions, heightened volatility in Gold prices is expected to continue. Traders should remain cautious and prepared for potential whipsaws in price action. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold to Correct Before PPI, Targeting $2470 As we examine the recent price action of XAU/USD, gold continues to exhibit a pronounced bearish trend amidst a robust wave of demand for the U.S. dollar. This ongoing downtrend has seen the metal consistently test and breach key support structures, recently breaking through the significant level of 2547. Traders are closely watching for signs of a potential false breakdown in this zone, which could pave the way for a temporary counter-trend correction. Such a move may set the stage for intraday opportunities, especially as we approach crucial economic events on the horizon, including the Producer Price Index (PPI) release and Federal Reserve Chairman Jerome Powell’s anticipated speech. This backdrop of gold’s decline is intensified by an uptick in dollar demand, which stems from a resurgence of optimism in the broader financial markets. The “Trump-led euphoria” has bolstered investor sentiment, leading to continued support for the U.S. dollar index. This dynamic persists despite mixed economic signals, such as softer-than-expected Consumer Price Index (CPI) data and a relatively dovish tone from several Federal Reserve policymakers. In this climate, expectations have increasingly shifted toward the likelihood of a modest rate cut by the Fed at its upcoming meeting, with a 0.25% reduction considered the most probable outcome. For gold bulls, this strengthening dollar presents a formidable challenge, requiring a reassessment of medium-term targets. The recent surge in the dollar, largely propelled by renewed investor optimism and positioning around trade-related policies, has overshadowed the Fed’s relatively accommodative stance. Thus, even as the Fed hints at a softer approach, the dollar’s upward trajectory exerts pressure on gold’s appeal as a safe-haven asset, tilting the scales further toward a bearish outlook for XAU/USD. Today’s market focus centers squarely on Powell’s upcoming comments, along with the latest PPI data and weekly jobless claims report, which together could bring further clarity to the Fed’s policy direction and the broader economic outlook. Should Powell reinforce the Fed’s dovish stance, a potential dollar pullback might provide temporary relief for gold. However, with technical indicators signaling a robust downtrend, it seems likely that any rally in XAU/USD could be short-lived, making resistance levels crucial focal points. From a technical perspective, gold is currently testing the pivotal support at 2546, where a decisive close below this level could confirm the continuation of the bearish trend. This area could prompt a temporary rebound, potentially targeting resistance zones in the vicinity of 2577, 2589, and 2595. Such a move would align with a common market behavior observed during key news cycles—where a brief corrective rally emerges as traders seek to “win back” losing positions before ultimately resuming the trend in favor of the prevailing momentum. Immediate support levels to watch include 2546, 2531, and the round figure of 2500. A breakdown through these levels would reinforce the current downtrend and could attract further selling interest, with technical patterns suggesting the possibility of continued weakness in the absence of a strong fundamental catalyst. Ahead of the news, it’s plausible that XAU/USD could experience a corrective rebound toward local resistance or an imbalance zone, offering short-term trading opportunities for those anticipating a resumption of the downtrend post-correction. Market participants should be prepared for heightened volatility during Powell’s speech and the PPI release, as both events carry the potential to shift sentiment and trigger short-term price reactions. In summary, while there’s a possibility for a near-term correction in gold, the broader outlook remains bearish as dollar strength and a resilient equity market diminish gold’s appeal. For traders, closely monitoring resistance and support levels will be crucial in identifying profitable entry points amid the anticipated price swings.
FX:XAUUSD
by lonelyPlayer0
XAU/USD 18-22 November 2024 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Price Action Analysis: In my weekly analysis dated 27 October 2024, I forecasted that price could potentially make new highs, thereby shifting the bearish Change of Character (CHoCH) closer to recent price action. This repositioning would serve as a trigger for a bearish pullback phase initiation. As anticipated, this scenario unfolded with CHoCH shifting nearer to the current price and ultimately printing a bearish CHoCH. Currently, price is trading within an established internal range (highlighted in blue), trading in the discount zone of the internal 50% Equilibrium (EQ) and approaching a Daily demand zone, where a reaction is likely. Given the current internal range dynamics, price is expected to react upon reaching the Daily demand zone and could trade upward to target the daily internal high. However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing -> Bearish. -> Internal -> Bearish. Price Action Analysis: Analysis remains the same as previous bias from my analysis dated 12 November 2024. Price has printed both a bearish Internal Break of Structure (iBOS) and a subsequent bearish Break of Structure (BOS), confirming the need for a pullback across all higher timeframes (HTFs). Currently, price action remains in alignment with the broader HTF pullback requirements. Intraday Expectation: The expectation for the intraday session is that price will print a bullish Change of Character (CHoCH) to indicate the initiation of a bullish pullback phase. The positioning of this bullish CHoCH is indicated by the blue dotted line on the chart. However, it is also possible that price could extend to a new low, bringing the CHoCH positioning much closer to the current price action. Note: Given the Federal Reserve’s dovish stance and ongoing geopolitical uncertainties, heightened volatility in Gold prices is anticipated to persist. We should exercise caution and remain vigilant in this high-volatility environment. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
Is a XAUUSD (GOLD) Monster Trade on the Horizon?👀👉 XAUUSD Gold has recently reached a critical support zone on both the weekly and daily timeframes, showing signs of being heavily oversold. In this video, we explore a potential bullish scenario: if XAUUSD reverses and breaks market structure, it could set up a substantial trading opportunity as price targets previous highs. Risk Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. Always assess your risk tolerance before entering a trade.*📊
ICMARKETS:XAUUSDLong
by fxtraderanthony
9