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XAUUSD:Fed & Middle East as Breakout CatalystsGold is currently fluctuating between $3,375 and $3,405. A breakdown below $3,375 could trigger a direct move toward $3,360, while a decisive breakout above $3,405 with sustained momentum would target $3,430. The ability to breach this range hinges on today's Fed data release and evolving Middle East tensions. For now, adopt a range-trading strategy (sell high/buy low) within the band, and await key data to follow market momentum. XAUUSD sell@3395-3405 tp:3380-3370 buy@3370-3380 tp:3395-3405 I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
FOREXCOM:XAUUSD
by H_C_02
Gold Final Leg? Mapping the Last Wave of the Current Bull CycleI expect gold to be entering the final bullish wave of its current long-term cycle, with an ultimate target in the $3,900–$4,050 range. However, the first major resistance lies between $3,600 and $3,700, where I expect a potential pullback. From there, a healthy correction toward $3,300–$3,400 is likely. If strong buying momentum steps in at that support zone, we may see gold continue its rally toward the final target. 📌 Key Risk Level: Pay close attention to the $3,300–$3,400 support. If gold fails to hold above it, and closes decisively below, this could signal that $3,600 was already the final top of this bull cycle. Stay cautious, and good luck to all fellow traders! 🟡📈
OANDA:XAUUSDLong
by Lawrence-Sherif
Long Trade Setup: XAUUSD 🟡 Trade Setup: XAUUSD (Gold Spot / U.S. Dollar) Timeframe: 1H Bias: Bullish Reversal Type: Liquidity Trap Breakout Instrument: Gold / USD --- 🧠 Step 1: Market Context Gold has been in a downtrend, forming consistent lower lows. Recently, it broke below a key support level, making it appear like further downside is coming. However, price has since moved sideways, suggesting loss of bearish momentum. --- 🎯 Step 2: Liquidity Trap Detected This breakdown below support seems to be a false move, possibly engineered to: Trigger stop-losses below the previous low Attract sellers expecting further downside Create sell-side liquidity for institutions This pattern is known as a liquidity trap or stop hunt. --- 📏 Step 3: Confirmation from Price Action A descending trendline breakout is visible on the 1H timeframe. Price broke out, retested the trendline, and is now showing bullish candles. This signals potential accumulation and trend reversal. --- 💼 Step 4: Trade Details Entry: 3,393.73 Target (TP): 3,500.41 Stop Loss (SL): 3,351.50 Risk to Reward Ratio: ~2.5:1 This trade offers a solid risk-managed setup, ideal for intraday to short-swing traders. --- 🔍 Step 5: What to Watch For Watch for bullish continuation above 3,400. If price closes above 3,420, breakout buyers may join in. If price drops below 3,375, exit and reassess. --- 📌 Summary This trade banks on the idea that smart money is accumulating positions while retail traders are trapped short. The risk-reward ratio is favorable, and technical signals align for a potential upside move. XAUUSD, Gold analysis, Liquidity trap, Stop hunt, Trend reversal, Technical analysis, Gold breakout, Smart money move #XAUUSD #Gold #Breakout #LiquidityTrap #TechnicalAnalysis #SmartMoney #Forex #TradingView #GoldAnalysis #PriceAction #TrendReversal #RiskReward
FOREXCOM:XAUUSDLong
by Jamtara_Trader
Stick to shorting goldGold is currently fluctuating in a narrow range of 3380-3385, and the trend is relatively slow. We also need more patience. In comparison, I think the current short-selling force has a slight upper hand, because gold has shown signs of accelerating decline after a difficult rebound many times, and has fallen below 3380 many times. According to the current gold structure, gold does not have sufficient room for decline, and it is still possible to continue to fall to the 3365-3355 area. It is expected that gold will not fluctuate too much before the Fed's interest rate decision and Powell's monetary policy press conference. For this interest rate decision, I think the possibility of a rate cut is not great, and the current interest rate may still remain unchanged. The reduction in the expectation of a rate cut may stimulate a wave of gold declines in the short term. So in the short term, I still prefer a short trade in gold. Obviously, gold is currently under pressure in the 3395-3405 area, so we can still try to short gold in this area.
OANDA:XAUUSDShort
by Steffen_Schade
Analysis of the latest gold market trend on June 18: 📌 News analysis Expectations of the Fed's rate cut continue to affect the market The market's expectations for the Fed's rate cut in 2025 have increased, the US dollar index remains weak, and gold has gained support. Key points of attention: This week's Fed interest rate decision and Powell's speech, if dovish signals are released (such as hinting at a rate cut in September), gold may rebound; if hawkish (postponing the rate cut), gold prices may be further under pressure. The situation in the Middle East has escalated, and risk aversion has increased After Israel attacked Iran's state TV station, Iran threatened "the largest retaliation in history", and the fire on the tanker in the Strait of Hormuz has exacerbated geopolitical risks. Potential impact: If the conflict expands (such as Iran blocking the Strait or directly counterattacking), gold may rise rapidly; if the situation eases (negotiation signals), safe-haven buying may weaken. US economic data and market sentiment If recent US economic data (such as retail sales and unemployment rate) are weak, it may strengthen expectations of rate cuts and benefit gold; if the data is strong, it may suppress gold prices. 📊 Technical Analysis 🔹 Daily level: Bearish, but key support needs to be paid attention to Trend review: Gold price fell after a high rise at the beginning of the week, falling below the 3400 mark and closing with a large negative line, indicating that bears are dominant. Key signals: The 5-day moving average turned downward, suppressing the rebound of gold prices in the short term. The Bollinger Bands closed, indicating that the market has entered a shock consolidation phase. If it falls below 3350, it may accelerate downward to 3300. Support level: 3360-3350 (if it stabilizes, it may rebound); resistance level: 3400-3410 (if it breaks through, it may test 3450). 🔹 4-hour level: Bearish, but there may be a rebound correction in the short term Short-term moving average suppression (5-day and 20-day moving averages are glued at 3404-3409) constitutes strong resistance. MACD crosses, but Stoch is oversold, and may correct and rebound in the short term, but if it fails to break through 3400, it may continue to fall. Key support: 3360-3350 (if it falls below, it may drop to 3330-3300). 🔹 1-hour level: Weak shock, pay attention to the rebound strength MACD crosses and shrinks, Stoch moves downward, and it is still weak in the short term. Upper pressure: 3412 (MA60+MA30), if it fails to break through, it may continue to fall. 🎯 Today's operation strategy 📉 Short-term trading ideas: short-selling on rebounds is the main method, and long-selling on pullbacks is the auxiliary method ✅ Short-selling opportunities (selling at highs): Entry area: 3395-3405 (if the rebound is blocked) Target: 3360-3350 Stop loss: above 3410 ✅ Long opportunities (buy low): Entry area: 3360-3350 (if it stabilizes and rebounds) Target: 3380-3400 Stop loss: below 3345 ⚠️ Key risk warnings: Market volatility may intensify before the Fed's decision. It is recommended to operate with a light position and strictly stop loss. If the situation in the Middle East deteriorates, it may trigger a rapid rise in gold. Pay attention to real-time news. 📌 Summary: Gold is short-term dominant, but the key support (3360-3350) still has the possibility of a rebound. In terms of trading, it is recommended to take high-short as the main idea and low-long as the auxiliary idea, focusing on the Federal Reserve’s decisions and geopolitical trends.
FOREXCOM:XAUUSD
by Gold_Hunters_Alliance
Today's gold price is bound to usher in a big trend.Today's gold price is bound to usher in a big trend. The latest report shows: In the next 12 months, global central banks will continue to increase their gold reserves. Nearly 43% of central banks plan to increase their gold reserves next year. This is a good reflection of the current global financial and geopolitical environment. In today's world full of uncertainty and chaos, gold remains a strategic asset. Central banks around the world are paying close attention to issues such as interest rates, inflation and instability, which has prompted them to choose to increase gold reserves to avoid risks. Fundamentals: (1): It is expected that the Federal Reserve's interest rate meeting will maintain interest rates unchanged (4.25%-4.50%), but attention should be paid to Powell's statement on the expectation of interest rate cuts. If a dovish signal is released (for example, hinting at a rate cut this year), the gold price may break through 3450; If stubborn inflation is emphasized, the gold price may fall back to 3350. (2): Trump pushes for interest rate cuts: political interference may increase market concerns about policy uncertainty, which may be good for gold. (3): Geopolitical risk (Middle East situation): The market is currently slow to react to the Iran-Israel conflict, but if the situation suddenly escalates (such as military action), gold prices will rise rapidly. Technical analysis As shown in Figure 4h: The trend has not yet broken, but be wary of the risk of a pullback. Key positions: Support level: 3365, 3350 Resistance level: 3405, 3430-3450 Today's operation strategy: Gold price falls below $3,400, short selling strategy: Entry level: 3393-3395 Stop loss level: 3405 Target level: 3370→3365 (falling below 3350). Long opportunities: Conservative strategy: Entry level: 3360-3365 Stop loss level: 3350 Target level: 3385→3400. Aggressive strategy: Entry point: 3370-3380 Stop loss: 3360 Target: 3390-3400 or above Focus: US market (cautious layout before the Fed's decision) If the gold price stabilizes at 3405: ​​light position to chase long, target 3430-3450, stop loss 3395. If it falls below 3360: rebound to 3370 to short, target 3350, stop loss 3378. Key risk warning Increased volatility of the Fed's decision: It is recommended to clear positions 1 hour before the announcement of the interest rate decision to avoid the market situation of "buying expectations and selling facts". If Powell mentions "controllable inflation" or "economic slowdown", the gold price may rise sharply; if he emphasizes "maintaining high interest rates", the gold price may fall sharply. Geopolitical emergencies: If the situation in the Middle East deteriorates, the gold price may rise by $20-30, and the strategy needs to be adjusted in real time.
OANDA:XAUUSD
by Isla_Suri
GOLD Unemployment Claims Data Context Forecast: 246,000 Previous: 248,000 The weekly initial jobless claims report is a key indicator for the Federal Reserve, signaling the current state and momentum of the U.S. labor market. Fed Interpretation: Greater Than Forecast Indication: A figure above 246,000 suggests the labor market is softening more than expected. Fed Response: The Fed would view higher-than-forecast claims as a sign of rising layoffs and potential weakening in employment growth. This outcome increases concern about the durability of the economic expansion and may raise the likelihood of future interest rate cuts, especially if the trend persists. The Fed would likely emphasize caution in its policy statement and may signal greater willingness to ease policy if labor market weakness continues. Fed Interpretation: Less Than Forecast Indication: A figure below 246,000 signals a stronger-than-expected labor market. Fed Response: The Fed would interpret lower-than-forecast claims as evidence that the labor market remains resilient, with fewer layoffs and ongoing job creation. This outcome reduces the urgency for immediate rate cuts and supports the case for holding rates steady, especially if inflation remains above target. The Fed is likely to maintain a cautious, data-dependent stance, awaiting further evidence before considering policy changes. Federal Funds Rate Decision Outlook Expected Outcome: The Federal Reserve is widely expected to hold the federal funds rate steady at 4.25%–4.50% during the June 18, 2025 meeting. Supporting Factors: Inflation is moderating but remains above target. Labor market data, including unemployment claims, shows stability without overheating. Economic uncertainties, including trade policies, encourage a cautious approach. Market Odds: There is a near 100% probability of no rate change today, with markets focusing on the Fed’s forward guidance and economic projections for clues on future rate moves. The Federal Reserve is expected to maintain the current federal funds rate range of 4.25%–4.50%, reflecting a balanced approach amid moderating inflation and steady labor market conditions. Market participants will closely watch the FOMC statement, economic projections, and press conference for any shifts in tone that could influence future rate expectations and market volatility.
GBEBROKERS:XAUUSDLong
by Shavyfxhub
Seize the opportunity to short gold after the reboundBecause gold fell back to the expected support area of ​​3375-3365 first, I just took the opportunity to go long on gold near 3372 and set TP: 3390. Obviously, our long position ended the transaction by hitting TP, and we made a profit of 180pips. At present, gold continues to rebound to around 3396, and is facing the short-term resistance area of ​​3395-3405, and the upside may be limited. And I think before the Fed's interest rate decision and Powell's monetary policy conference, gold is likely to maintain a range of fluctuations, and the willingness of both long and short parties to break through may not be strong in the short term. And from the current structure, gold tends to fluctuate downward as a whole. So for short-term trading, we might as well try to short gold in the resistance area. I think it is still very likely to retreat to at least the 3385-3380 area.
OANDA:XAUUSDShort
by Steffen_Schade
4
XAUUSD:A long trading strategy Yesterday was affected by the easing signal gold high continued to correction, fell back to 3400 again, the trend exceeded personal expectations. Gold received another boost after the president's news, and rebounded slightly in the Asian session. In this eventful autumn, the market is subject to frequent news factors, the trend is slightly turbulent, to be ready to sweep back and forward. Today's overall volatility is expected to have a contraction, individual expectations of the final close of the small negative line is more likely Trading Strategy: BUY@3380-85 TP:3404-3410 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
OANDA:XAUUSDLong
by Boooob_
Smart Money Zones Revealed (XAUUSD) Is Gold Just Breathing or Breaking? Smart Money Zones Revealed (XAUUSD) 🔍 Macro & Sentiment Overview Gold faced a sharp correction after a strong Asian session rally, which caught many traders off guard... While the US Dollar gained 0.7% due to safe-haven flows and Fed anticipation, gold's dip seems more like a liquidity sweep than a structural reversal... 🌍 Rising geopolitical tensions — especially Iran–Israel and Trump’s comments about Tehran — keep the fear premium alive… 🛢️ Meanwhile, oil prices are surging, and institutional funds might be rotating capital between commodities and equities... 📝 All eyes are now on the Fed’s rate decision and the US retail sales report — a potential "horror print" that could shock rate expectations and trigger high volatility across markets. 📉 Technical Breakdown (M30 Perspective) Price pulled back sharply after an overextended bullish move from Asian FOMO… EMAs (13, 34, 89, 200) show early signs of potential crossover — signaling caution for buyers… Liquidity gaps (FVG zones) below current price indicate a magnet for institutional fills… 🎯 Trade Setup 🔵 BUY ZONE: 3345 – 3343 Stop-Loss: 3339 Take Profits: 3350 → 3354 → 3358 → 3362 → 3366 → 3370 → 3380 → 3400 → ??? 🧠 Look for confirmation through price action and rejection candles during London/NY sessions before entering. 🔴 SELL ZONE: 3442 – 3444 Stop-Loss: 3448 Take Profits: 3438 → 3434 → 3430 → 3425 → 3420 → 3410 → 3400 ⚠️ Only short upon clean rejection and strong bearish confirmation patterns — avoid blind entries in this volatile phase. 🧠 Final Thoughts Gold is moving within a smart money playbook — triggering stop hunts and liquidity grabs. With macro uncertainty ahead, patience and precision matter more than ever. Let price come to your zones. Don’t chase. Let volatility serve you — not shake you. 📌 Follow this idea for live updates during the Fed press conference and NY session.
OANDA:XAUUSD
by MMFlowTrading
2
XAU/USD 18 June 2025 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Analysis and bias remains the same as analysis dated 23 April 2025 Price has now printed a bearish CHoCH according to my analysis yesterday. Price is now trading within an established internal range. Intraday Expectation: Price to trade down to either discount of internal 50% EQ, or H4 demand zone before targeting weak internal high priced at 3,500.200. Note: The Federal Reserve’s sustained dovish stance, coupled with ongoing geopolitical uncertainties, is likely to prolong heightened volatility in the gold market. Given this elevated risk environment, traders should exercise caution and recalibrate risk management strategies to navigate potential price fluctuations effectively. Additionally, gold pricing remains sensitive to broader macroeconomic developments, including policy decisions under President Trump. Shifts in geopolitical strategy and economic directives could further amplify uncertainty, contributing to market repricing dynamics. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Following previous high, and printing of bearish CHoCH, price has pulled back to an M15 supply zone, where we are currently seeing a reaction. Therefore, I shall now confirm internal high. Price is now trading within an established internal range. The remainder of my analysis shall remain the same as analysis dated 13 June 2025, apart from target price. As per my analysis dated 22 May 2025 whereby I mentioned price can be seen to be reacting at discount of 50% EQ on H4 timeframe, therefore, it is a viable alternative that price could potentially print a bullish iBOS on M15 timeframe despite internal structure being bearish. Price has printed a bullish iBOS followed by a bearish CHoCH, which indicates, but does not confirm, bearish pullback phase initiation. I will however continue to monitor, with respect to depth of pullback. Intraday Expectation: Price to continue bearish, react at either M15 supply zone, or discount of 50% internal EQ before targeting weak internal high priced at 3,451.375. Note: Gold remains highly volatile amid the Federal Reserve's continued dovish stance, persistent and escalating geopolitical uncertainties. Traders should implement robust risk management strategies and remain vigilant, as price swings may become more pronounced in this elevated volatility environment. Additionally, President Trump’s recent tariff announcements are expected to further amplify market turbulence, potentially triggering sharp price fluctuations and whipsaws. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
June 18, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary: Gold is currently ranging between 3370–3406. Today’s focus is on trading the range until a breakout occurs. Watch for confirmation near edges of the zone. 🔍 Key Levels to Watch: • 3420 – Resistance • 3406 – Range top • 3400 – Psychological level • 3392 – Resistance • 3380 – Support • 3370 – Range bottom • 3365 – Intraday key support 📉 Macro Strategy: SELL if price breaks below 3380 → watch 3375, then 3370, 3365, 3358 BUY if price holds above 3386 → watch 3392, then 3395, 3400, 3406 👉 If you found this useful and want to learn how I manage entries and stop-losses, drop a like — I’ll prepare a post on this soon. Disclaimer: This is my personal view, not financial advice. Always manage risk responsibly.
OANDA:XAUUSD
by Ombabibi
Seeing this big opportunity on Gold #XAUUSD like I am ?On Sunday, June 1st, Gold opened at $3,300 and has been climbing steadily all week, forming a key liquidity zone. These zones are super important in the trading world because that’s where institutions pull price back to trap retail traders and shake out weak hands. 🔁 On Friday, May 30th, Gold closed at $3,290, and opened that Sunday at $3,300, leaving what we call a GAP—a price space that usually needs to be filled. 👀 📊 Gold is still in a strong uptrend on the daily and weekly timeframes. This tells us that a pullback to the $3,300 zone could offer a prime entry point, especially where institutions grab liquidity to fuel the next bullish move up to $3,400. 🚀 ✅ On Friday, June 6th, Gold marked a low at $3,307, giving us even more confirmation that a revisit to this price zone is likely before we push higher. 🔎 Why focus on daily candles? Simple. They give us better opportunities for scalping, day trading, and if the move reacts strong enough, even a clean swing trade. #tradinggold #xauusd #liquidityzones #forextrader #daytrading #priceaction #gapstrategy #puertoricotrader #swingtrading #scalpingstrategy ================== = VERSION ESPANOL = ================== Desde el domingo 1 de junio, el Oro abrió en $3,300 y ha subido toda la semana, marcando una zona clave de liquidez institucional. Estas zonas son bien importantes porque es donde los grandes mueven el mercado, provocan retrocesos y atrapan a los traders que no están listos. 🔁 El viernes 30 de mayo el oro cerró en $3,290, y abrió el domingo en $3,300, dejando un GAP que aún está pendiente por rellenarse. 👀 📊 La tendencia del oro sigue siendo alcista en temporalidades de 1D y 1W. Eso significa que si el precio retrocede a la zona baja cerca de los $3,300, puede ser una entrada poderosa para que las instituciones recojan liquidez y empuje el precio hasta los $3,400. 🚀 ✅ El viernes 6 de junio, el precio dejó un punto bajo en $3,307, lo que refuerza la probabilidad de ese movimiento alcista. 🔎 ¿Por qué velas de 1 día? Porque nos dan oportunidades claras para scalping, day trading y hasta un buen swing trade si el movimiento se confirma con fuerza. #tradingpuertorico #xauusd #oro #liquidezinstitucional #daytrading #swingtrading #traderlatino #priceaction #gaptrading #scalpingestrategia
OANDA:XAUUSDLong
by BorbonPR
5
Gold is currently range-bound, dancing between a 4H FVG!🚨 GOLD TRADE SETUP INSIGHT 🚨 Gold is currently range-bound, dancing between a 4H Inverse Fair Value Gap (FVG) and a Daily Bullish FVG—two powerful zones that are shaping price action right now. 🟡📈 Recently, price dipped into the lower Daily Bullish FVG, grabbing liquidity from previous lows — classic move. 🧠💧 Right after that, the market gave us a clean Market Structure Shift (MSS) and formed a solid Breaker Block (BPR) 🔥 📍 Price has tapped into this BPR zone, and all signs point toward a potential bullish move from here. Eyes on the prize — the swing highs above look ripe for targeting. 🎯📊 💡 This setup is packed with confluence, but as always... DYOR – Do Your Own Research. Don’t trade blindly. Trade smart. ✅
OANDA:XAUUSDLong
by Peter_Wade
Middle East Tensions Intertwined with Fed Rate Cut SpeculationThe Middle East situation remains tense ⚠️, and with rumors of a Fed rate cut emerging 👂, gold is likely to see significant volatility in the near term 📈📉. Due to the war, we still favor going long at lower levels 💹. During the current U.S. trading session, another pullback may occur—we need to wait for the correction before continuing to go long ⏳ ⚡️⚡️⚡️ XAUUSD ⚡️⚡️⚡️ 🚀 Buy@ 3365 - 3375 🚀 TP 3400 - 3410 Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
OANDA:XAUUSDLong
by Sovereign_1
Today's key gold price range: 3400-3450Today's key gold price range: 3400-3450 Today's gold price opened high and rose, eventually reaching around 3450, but it did not stay at the high level for too long and then fell back. Based on the current fluctuations, we draw the following conclusions: 1: The market reaction is not as intense as imagined. 2: However, the reliability of the channel pressure at the macro level is more certain: Super pressure: 3450 3: Next, the reliability of the support around 3400-3410 will be confirmed again 4: The gold price fluctuation range is maintained at: 3400-3450 range fluctuation At present, as the gold price successfully stands above the 3400 mark, the market focus has shifted to whether the gold price will fall back and adjust. From the intraday trend, gold opened high in the morning, briefly broke through last week's high, and then fell back quickly. In the short term, the 3415-3410 area has become the most important support. This area is not only the low point before the opening of the US stock market last Friday, but also the key line of defense for the long and short battles in the short term. Before this area is effectively broken, the possibility of gold price rebound can be given priority; 1: Once the price falls below 3410, the 3400-3405 area should be focused on. This range is the key point for bullish breakthrough. If it can be held, the bullish idea can still be maintained; 2: If it unfortunately falls below, it means that the short-selling force is strengthened and the market may turn to the short side. In the future, we can further pay attention to the 3385-3375 and 3365-3355 areas. It is expected that these two points will become new support levels to accumulate strength for subsequent rises. 3: In terms of resistance, the upper 3450-3455 area constitutes strong resistance during the day. If there is no new positive news stimulation, it will be difficult for gold prices to break through this area in the short term. 4: In the long run, if the geopolitical situation between Israel and Iran further deteriorates and gets out of control, the market risk aversion will continue to rise, and gold bulls are expected to make another effort to break through the current high and gradually look to the 3470-3475 area, and then challenge the 3492 line and launch an impact on the new high of 3500. The current Asian session shows a trend of opening high and closing low. Whether this trend is a prelude to a negative decline or a shock correction to accumulate momentum for subsequent rise, the trend during the European session will become the key basis for judgment. Fundamentals: On June 16, as June 2025 deepens, the global financial market is ushering in a critical week. The Federal Reserve will announce its latest monetary policy decision on Wednesday (June 18), which will not only affect the future direction of the US economy, but also have a profound impact on global asset prices, the trend of the US dollar and investor sentiment. Last Friday, Israel's military strike on Iran and the retaliatory missile attacks it triggered put pressure on global markets. This incident has added new variables to the market, which is already full of uncertainty. This week, the Federal Reserve's policy meeting, retail sales data and geopolitical situation will become the three core factors affecting the global market. The Federal Reserve may keep interest rates unchanged, but its economic forecasts and future interest rate cuts will directly affect the market's judgment on the trend of the US dollar. If the Fed sends a dovish signal, the dollar may be under pressure in the short term, but geopolitical risks and safe-haven demand may provide support for it. On the contrary, if the Fed emphasizes inflation risks, the dollar may strengthen, but this may put pressure on US stocks and global risk assets.
OANDA:XAUUSD
by Isla_Suri
Excellent last week / more Profits aheadAs discussed throughout my Friday’s session commentary: “ My position: Gold is Trading on Bullish extension due Middle East crisis escalation. I am looking at my calculated my re-Buy zones to Buy every dip on Gold and continue Scalping (Buy orders only) towards #3,452.80 benchmark potential extension. However if Gold closes the week below #3,400.80 benchmark, Gold will continue ranging and I will alter my perspective (less likely). I have engaged multiple re-Buy Scalp orders on #3,412.80 Bottom and closed them on #3,420.80 and engaged Swing order on #3,423.80 which was closed on #3,4335.80 which finalized last week in excellent way. Technical analysis: Gold has now completed the Daily chart’s Triangle peak (local High’s) and thus I am expecting a new Bullish direction starting early week’s phase towards #3,452.80 psychological benchmark and #3,500.80 benchmark in extension (needless to mention, fueled by renewed Middle East crisis escalation as an catalyst). Personally I believe it will be a big one on strong Bull Volume once Buying accumulation is done (happening now). Hourly 4 chart is extending strongly Golden Cross formation and points to an Bullish Short to Medium-term Buying sustainability. A green closing on today's session Daily chart’s candle points to Bullish direction / upwards motion in succession. Personally I believe that only if Selling benchmark gets invalidated and Sellers make a break-out to the downside (now at #3,400.80) does the trend resumes its previous Bearish bias. This is total Bullish trend and total Bullish domination.
TVC:GOLDLong
by goldenBear88