XAUUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Goldidea
XAUUSD Gold New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line
Break of Structure and Retracement
CHOCH and Divergence in RSI
Completed " 12345 " Impulsive Waves and " AB " Corrective Wave
GOLD H4 / POSSIBLE SCENARIO FOR LONG ENTRY ✅Hello Traders!
This is my forecast on Gold H4. I expect a reaction from the resistance level, and if confirmed, I will have only a long bias. I will look for long entries after the retracement from the resistance.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Friday trading trends and trading signals shared
Today we made a huge profit. We once again made a good profit accurately. Congratulations to my fans again.
Currently, judging from the 1H line, there are two key price positions for tomorrow, the upper key position is 2036, and the lower support is 2021. If the 1h line does not break through the two key position prices, then tomorrow will still be a shock trend, and we will continue to trade according to the price range. .
Sell: Try to sell gold in the 2034-2036 range.
Buy: Try to buy gold in the 2020-2023 range.
If there are new trends, I will update my thoughts. If you are interested in my analysis, you can like and join me. Together we make profits in trading
Gold trading signals and trend analysis for Thursday
Today I have the perfect signal to share with you.
The key position of gold price tomorrow is still the 2028-2030 range. Gold will test this price range here,
1. If the price of gold falls below the 2028-2030 range, then I suggest that everyone’s buying range is 2020-2022.
2. If gold rebounds in the 2028-2030 range, the upper suppression point in the 2045-2048 range will be tested again. My recommended selling range is in the 2053-2048 range.
I will update my signals based on the gold trend tomorrow. If you want to win in trading, you can join me.
Gold Wednesday trend analysis
As shown in the figure, if the gold price breaks through the 2028-2030 range. Then I will choose to try to buy near 2020.
If gold rises in the 2028-2030 range, I will choose to sell in 2040-2045.
I still hold yesterday's sell order of 2038. The gold price in the past two days has been relatively boring. If there are good trading signals, I will actively share them with everyone. Please join me and follow my updates
Xauus - Prospects and trends"Hey there, my fellow Traders!
Today, gold is continuing its stylish retreat, elegantly moving towards the resistance level of 2030 - 2031 USD. Our beloved metal might just take a graceful step back under the bearish charm, especially with Mr. Jerome Powell, the Fed Chairman, hinting at a careful approach to interest rate cuts this year.
Reacting to this, the market's buzzing with the idea that the Fed might play hard to get on those rate cuts. So, the finance folks are flirting with the Dollar, pushing it to a three-month high. Oh, poor gold, feeling the downward pressure, may hit 2005 USD if the 2015 support level can't hold on after all these dips!
Wishing you all smooth and savvy trading... with a touch of glitter! 💃✨"
Gold held her breath waiting for decisions from the Fed"Gold prices today saw a modest uplift, buoyed by a softening USD and falling Treasury yields. The DXY's 0.3% drop spiced up the appeal of gold for investors holding other currencies, while lower U.S. 10-year bond yields cut the opportunity cost of holding non-yielding bullion.
Currently trading around 2035 USD, traders are eagerly anticipating insights from several Fed officials this week to gauge the pace of rate cuts for the year. With at least eight Fed speeches lined up, gold could shine if early rate cuts are hinted. But, if the Fed signals a policy pivot delay, gold may face a squeeze, tempering its sparkle as we await the next big meeting."
GOLD-analyzeToday we need to observe whether gold has been supported twice.
If gold finds support twice in 2014, I think gold may break out of yesterday's range to test the 2036-2040 range
Xauud:buy2014-2019
TP:2028-2032-2036
However, gold is still in a downward trend, so when it reaches the resistance zone, we can still sell
Market trends are always changing, join me and I will share my thoughts every day
GOLD-waiting direction
The market is paying attention to two points this week. The first is around international conflicts and the geopolitical situation to see whether gold has increased risk aversion. Second, as the Federal Reserve interest rate decision is approaching in March, attention will be paid to whether the Federal Reserve will cut interest rates as expected.
There is no important data impact this week, but under the current international environment, gold risk aversion is still relatively high, but the trend is currently downward, so we look at it in a wide range
Strategy 1:
Xauusd:buy2020-2015
TP:2025-2030
Strategy 2:
Xauusdbuy2011-2007
TP:2016-2020
Strategy 3:
Xauusd:sell2042-2046
TP:2036-2032
Strategy 4:
Xauusd:sell2054-2057
TP:2050-2047
I think today’s fluctuations will not be too big. I have the above 4 strategies for your reference. Choose the appropriate strategy according to your own funds, set SL, and wait for opportunities.
Join me as I share my strategies every day so you know how to trade
GOLD-range fluctuations
The latest Fed monetary policy decision was as I predicted, keeping the benchmark interest rate unchanged at 5.5%. Fed Chairman Powell's speech was very hawkish, causing the US dollar to rise again. Gold just encountered resistance in the 2055-2060 period I predicted yesterday. fall
I judge that gold may continue to fluctuate within the range today. Pay attention to the announcement of unemployment benefits today, which will affect the trend of gold.
Range: 2030-2055
Strategy 1:
Xauusd:buy2037-2041
TP:2045-2049
Strategy 2:
Xauusd:sell2053-2056
TP:2049-2046
The above strategies are for your reference. Pay attention to the impact of unemployment benefits on gold to decide whether you need TP or SL in advance, and make adjustments according to market trends.
Join me, I will analyze market trends and give strategies every day
XAUUSD ( Gold / U.S Dollar )Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves at Demand Zone or Fibonacci Level - 50.00%. Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line. Strong Divergence in RSI and Completed the Retracement for Break of Structure
Gold continues to rise again, entry buy todayWorld gold prices increased slightly with spot gold increasing by 5.5 USD to 2,036.6 USD/ounce. Gold futures last traded at 2,055.5 USD/ounce, up 6.5 USD compared to yesterday morning.
World gold rose to a two-week high on Tuesday as it was supported by dollar weakness and lower Treasury yields while focus turned to the Federal Reserve's policy meeting. US State (Fed) to better understand how this agency will cut interest rates this year.
According to RJO Futures senior market strategist Daniel Pavilonis, much of gold's volatility is due to falling yields and the dollar being in the red. However, Pavilonis said that expectations about interest rate decisions also caused gold to increase.
The Fed's policy decision will be made on Wednesday. Markets are expecting the US Central Bank to leave interest rates unchanged at the end of the meeting. Pavilonis, the Fed said that, with the desire to have a stable market, the Fed may not conduct many interest rate cuts and Mr. Powell will also maintain a neutral attitude.
Data last week showed U.S. prices grew moderately in December, keeping annual inflation below 3% for the third straight month and potentially allowing the Fed to start cutting interest rates.
According to senior analyst Ricardo Evangelista at ActivTrades, the Fed's monetary policy stance is currently the most important driver of gold prices. He said that even the safe-haven appeal of precious metals cannot counter changing market expectations around central bank monetary policy.
According to this expert, the market's expectation that the Fed will actively cut interest rates could push gold to $2,200/ounce with an average annual price of up to $2,100/ounce.
GOLD-wait for trend
Pay attention to the non-agricultural ADP small data and the impact of the Federal Reserve's interest rate decision on the market. Our focus remains on whether Powell's speech is dovish or hawkish, as interest rates are certainly on hold for the time being. Last December, after Powell revealed the possibility of cutting interest rates, he was interpreted as dovish by the market, causing many asset prices to begin to rise sharply. Recently, many Federal Reserve officials have stated that they will not cut interest rates before summer, cooling the market. Personally, I think Powell may be leaning toward the hawkish side.
Although gold broke through 2040 yesterday, it quickly returned to the previous range, indicating that this breakthrough was a false breakthrough, so we cannot be blindly bullish today.
If today's data and conference are not favorable for gold, there is a high chance of another decline
Short term strategy:
Xauusd:sell2039-2043
TP:2033-2028-X
SL:2048
If the data is bullish and the gold price rises first, or even directly breaks through yesterday's high, gold may test the 2055-2060 range.
Therefore, before the data and conference are released, I suggest trading with small positions and wait until the trend is obvious before we follow it.
XAUUSD ( Gold / U.S Dollar )Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed Corrective Waves " ABC " and Impulsive Waves " 12 ". Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line and Fibonacci Level - 78.60%. Completed the Break of Structure and Retracement and Demand Zone
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold trading strategy today, Buy trend returnsGold prices steadied early in the US session on more safe-haven demand after a weekend terrorist attack in Jordan left three US soldiers dead.
The recent attack on US forces in Jordan threatens to spread conflict in the Middle East, when US leaders are under pressure from Congress to take action in response.
The world is anxiously waiting for the US military's response. President Biden said the US will respond. Developments in the Middle East cause gold prices to continue to rise.
However, analysts say that the continuous adjustment of market expectations about when to cut interest rates by the US Federal Reserve (Fed) could hinder the rise in gold prices.
The US Dollar Index (DXY) measures the greenback's fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF), at 103.48 points.
In China, a Hong Kong court issued an order to liquidate Evergrande Group after the company failed to reach an agreement with creditors. The liquidation will be closely watched by the market.
GOLD-Will there be a breakthrough?
Markets remain cautious ahead of Wednesday's Federal Reserve monetary policy decision, with rising tensions in the Middle East boosting demand for safe-haven assets
Today we need to pay attention to the monthly rate of the FHFA house price index in the United States in November, the annual rate of the S&P/CS house price index in 20 major cities in the United States in November, JOLTs job vacancies in the United States in December, and the Conference Board consumer confidence index in the United States in January!
It can be seen that gold has been in a volatile upward trend, but it has encountered resistance many times in 2039-2040.
Strategy 1:
Xauusd:buy2032-2028
TP:2037-2040
Strategy 2:
Xauusd:buy2025-2020
TP:2032-2037
If gold breaks through directly, we can follow the trend and trade. I will continue to analyze the specific trading details.
Join me as I give strategies and analysis every day to let you know how to trade