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9.20 gold short-term operation technical analysis Gold reversed in a deep V yesterday. Gold fell back to support and then rose again. It seems that gold bulls still have the momentum to continue to rise for the time being. Go long first when gold falls back in the early trading. Gold's 30-minute moving average entered the golden cross pattern. Gold rose after falling yesterday. Gold bulls once again accumulated momentum to rise. It is still expected to continue to challenge new highs. Gold fell to 2569 last night and then rose directly. Gold is currently high. After the Fed's interest rate decision, it adjusted deeply. Gold rose again. After the adjustment, gold fell back to support and continued to rise. There was no further decline, indicating that it is still in the stage of bull accumulation. Gold is expected to continue to rise; after breaking through the new high, it will accelerate. Today's operation strategy 2595 short stop loss 2600. Target 2580-2570 2572 long, stop loss 2562, target 2590-2600;
TVC:GOLD
by David_strategy
1
U.S. Dollar Index (DXY)U.S. Dollar Index (DXY) DXY is sitting at an important KL (Key Level) at around 100.600 . On a bigger timeframe we are still bullish on dollar. Several factors support Dollar strength: The Dollar is expected to maintain its strength for some time. Still, some risks could lead to further appreciation, including Euro area concerns, changes in Chinese currency policy, and how markets interpret US growth prospects. Interest rates: With yesterday’s interest rate decisions (50BPS) we saw DXY spike down . We do have to keep in mind if interest rate cuts continue, we might turn bearish on DXY, resulting in less demand in U.S. Dollar and more demand in stocks and gold . If however, we continue to the upside with DXY, it will confirm our XAUUSD sells that we have given the analysis for. Keep in mind: The aim of raising of the Fed's rates is to adjust the inflation level to a target value. Interest rate hike may have a positive effect on dollar quotes, while lowering can be seen as negative for the US dollar. Happy trading! FxPocket
TVC:DXYLong
by FxPocket
#XAUUSD 1DAYXAU/USD Daily Analysis: Sell Opportunity Market Overview: The XAU/USD pair is presenting a notable sell opportunity at the $2,600 level. As gold prices approach this resistance point, several technical indicators suggest a potential downward move, making this an ideal entry for short positions. Technical Analysis: 1Resistance Level: The $2,600 mark has historically proven to be a significant resistance zone, with recent attempts to breach it resulting in price reversals. 2.Moving Averages:The price is currently below the 50-day moving average, which is trending downward, indicating bearish momentum in the market. 3.Momentum Indicators: The Relative Strength Index (RSI) shows overbought conditions, suggesting that upward pressure may be waning, further supporting a potential decline. Market Sentiment: The broader market sentiment is leaning bearish for gold, driven by factors such as rising interest rates and a strengthening US dollar. These conditions typically exert downward pressure on precious metals. Strategy: Sell Level: Enter short positions at $2,600. Target Levels: Primary target at $2,550, where significant support has been previously identified. Secondary target at $2,450, aligning with lower support zones and providing an opportunity for further gains if momentum continues. Stop-Loss: Implement a stop-loss order above $2,620 to protect against adverse price movements. Conclusion: With strong resistance at $2,600, bearish technical signals, and unfavorable market sentiment, the XAU/USD pair presents a compelling sell opportunity. Traders should closely monitor price action and adjust their strategies as needed to maximize potential returns.
FX:XAUUSDShort
by PIPSFIGHTER
XAUUSD: Analysis and strategy before the Fed rate decisionYesterday's view on gold was still very accurate. In the article, I clearly stated that there would be a correction before the Fed's interest rate decision, and the window period was after the data was released. As expected, under the premise of multiple negative data and a large number of long orders being profited, the gold price fell all the way to 2560, which also gave us the opportunity to close the short positions we held last week. The Federal Reserve's interest rate decision will be announced today. My prediction for a rate cut is 25 basis points. The possibility of 50 basis points is not high in my opinion, but it has to be guarded against. In the context of the upcoming announcement of the interest rate cut, today's trading strategy must be based on the number of basis points of interest rate cuts to formulate a trading plan, so I give the following suggestions for your reference: In the case of a 25 basis point interest rate cut: I personally think that the gold price will rise first and then fall. First of all, the interest rate cut is definitely good for gold, but because of the continuous interest rate cut remarks for a month, the gold price has now reached a historical high of 2590, and has digested the impact of the interest rate cut in advance. The rise in gold prices from 2530-2590 is largely due to some investors' belief that the Fed will be concerned about employment issues, which greatly increases the probability of a 50 basis point rate cut. Therefore, once the announced value does not meet expectations, the price of gold will inevitably fall. In the case of a 50 basis point rate cut: There is no doubt that gold prices will continue to rise and set a new high again.
OANDA:XAUUSDShort
by AntonyTP
Gold 2573 buy! tp 2589-2605Gold has been weak since the resistance level of 2,588, but the pattern of today's pullback is also weak, which is a very important key point! Because today we have the Fed's interest rate outcome and economic expectations briefing and Powell's speech! The impact of these data will have a big impact on gold crude oil! At present, from the trend point of view, the support level of gold is 2560, the pressure level is 25888, and the strength level of the disk is 2573! If it stabilizes above 2,573 then the upside will be strong All in all, today's data will cause huge volatility in the market. If you have trapped orders at the moment or you don't know how to trade tonight, you can ask for my help! I don't want you to burn your account tonight Gold 2573 buy! tp 2589-2605
OANDA:XAUUSDLong
by CrazyPeter001
9.19 Gold Short-term Operation StrategyThe Fed's interest rate decision will be announced in two hours. Will gold hit a new high or a correction? On the 1-hour chart, you can see that there is a minor resistance level near the 2575 level, and there is also a downward trend line converging. If the price pulls back to this resistance level, sellers may intervene, aiming to fall to the 2548 support level. On the other hand, buyers want to see prices break higher to increase bullish bets and pursue new highs , if the Fed eventually chooses to cut interest rates by 25 basis points, the market may react quickly, causing the US dollar to rebound. But if the Fed is as dovish as the market expects, cuts interest rates by 50 basis points, and sends signals of more interest rate cuts in the future, the US dollar will weaken further, pushing gold prices higher again, even breaking through the $2,600/ounce mark. Although the market expects the Fed to cut interest rates, there is still uncertainty about the magnitude and subsequent policy guidance. If the rate cut is only 25 basis points, it may suppress the short-term demand for gold, and investors will turn to wait and see. If the Fed's policy tends to be cautious, the safe-haven demand for gold may weaken, leading to a short-term sell-off in the market. If the Fed eventually cuts interest rates significantly and signals further easing in the future, gold will benefit from the continued weakening of the dollar and break through historical highs. At the same time, global economic uncertainty and geopolitical risks will continue to provide long-term safe-haven demand support for gold.
TVC:GOLD
by David_strategy
1
Gold Fomc Movement Buy/SellGo through the analysis carefully, and do trade accordingly. Resistance- 2589-2591 Resistance-2612-2616 Support- 2571-2565 Support-2551-2555 Support-2541-2545 Strong support area- 2531-2535 Gold Signal Daiky for the week Current price- 2572.3 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605, 2618" Advice-For Buying Best buying area= 2535-2540 For selling Best selling area= 2600-2616-2630 -POSSIBILITY-1 If 2561 break and sustain then you can sell gold with retest target will be 2545-2535 -POSSIBILITY-2 If it breaks 2591 and sustains then you can sell gold with retest target will be 2616-2630
TVC:GOLD
by Goldsignaldaily
Gold Price Analysis Ahead of FOMC September 18Fundamental Analysis On the day of the Fed's announcement, markets continued to price in a 65% chance of a 50 basis point (bps) rate cut, CME Group's FedWatch Tool showed, reviving selling interest around the US dollar (USD), as US Treasury yields also turned defensive amid cautious markets. As such. Gold prices are attempting to reclaim all-time highs just shy of $2,600, as attention turns to the Fed's decision, Chairman Jerome Powell's press conference and the Dot Plot, all of which will help gauge the US central bank's future policy actions. If the Fed delivers a 25 basis point rate cut later this Wednesday, it could send the US dollar soaring. However, the immediate reaction to the Fed's announcements could be overshadowed by the implications of the Fed's projections and Powell's words. Therefore, gold prices are still subject to strong fluctuations in the Fed event. Conversely, if the Fed acknowledges the potential risks to inflation and maintains a cautious tone, this could bring the hawks back into the game, negatively affecting the non-interest-bearing gold price. Technical analysis Gold is breaking the downside price band and approaching the resistance level around 2575. If it fails to break this zone before the US session, we can SELL and hold to 255x and 2545 when the FOMC announces to BUY back up and hold to 262x. In case of breaking the 2575 zone, we will not SELL and wait for the candle to close above 258x and BUY when the 2575 zone is retested. Hold until the FOMC does not break the new ATH, then we exit the order. Breakout upper limit: 2582 - 2591 - 2603 Upper resistance: 2581 - 2590 - 2600 - 2605 - 2615 - 2626 - 2645 Breakout lower limit: 2570 - 2563 - 2550 - 2538 Support: 2572 - 2564 - 2552 - 2545 - 2539 - 2525 - 2516 Pay attention to the trend zone around 2580 above. Sell the price zone 2603-2605. Stoploss 2609 Watch for BUY 2564 - 2562. Stoploss 2558 Watch for BUY 2545 - 2547. Stoploss 2541
OANDA:XAUUSD
by TVS-Trader
2
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
9.18 Technical Analysis of Gold Short-term OperationsToday, the focus of the entire market is on the Federal Reserve's interest rate meeting. The market expects a 50 basis point cut, which may be the trigger for this wave of rise, but it may not have much impact at all. Yesterday, the 2600 line was not kicked off, but fell back with a big negative. Technical points: (1) The European session bottomed out and rebounded, and the price continued to return to Monday's low, which broke our expectation of a strong and non-retracement. (2) The European session continued to retreat to 2386, but still did not break the high. Yesterday, the focus was on the European session rising. If the European session fell, the market would turn to volatility. (3) Before the US session, the intraday low continued to be broken, and the hourly line was negative, so the US session must be expected to fluctuate. The European session broke the bottom for the second time, and the US session pulled back to short. It is expected that the US session will continue to break the bottom. After all, the price is good, and everyone is afraid that the long orders will be stuck at the top of the mountain, so they are willing to go short. Operation strategy: 1. Before the meeting, continue to arrange according to the technical pattern. Short-term short position at 2575 can be shorted within the day, with a loss of 85, and look at 2555-50. 2. If it cannot be reached before the meeting, the price will remain the same. The Fed meeting will be closed for a break. If it can break the high before the meeting, hold it and look for a new high.
TVC:GOLDShort
by David_strategy
9.18 Gold Short-term Operation StrategyGold rebounded from a high level and built a top. Don't chase long easily. Gold rebound is an opportunity for shorts. The Fed's interest rate decision and the expectation of interest rate cuts are about to be fulfilled. The positive news for gold is fulfilled and it may rise and fall. Gold broke down after repeated fluctuations at a high level in 1 hour. The top structure is obvious. The gold 1 hour moving average also began to turn around. The gold 1 hour moving average formed a dead cross, so there is more room for gold to fall and adjust. Gold rebounded last night but did not break through the resistance of 2582. In the morning, it continued to go short at highs under the resistance of 2582. Strategy: SELL: 2575 stop loss; 2582
TVC:GOLDShort
by David_strategy
Gold Fomc Movement! Gold Sell or Buy?Go through the analysis carefully, and do trade accordingly. Resistance- 2589-2591 Resistance-2612-2616 Resistance-2630-2650 Support- 2571-2565 Support-2551-2555 Support-2541-2545 Strong support area- 2531-2535 Gold Signal H4 for the week Current price- 2569.7 "if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605, 2618" Advice-For Buying Best buying area= 2535-2540 For selling Best selling area= 2600-2616-2630 -POSSIBILITY-1 If 2555 break and sustain then you can sell gold with retest target will be 2545-2535 -POSSIBILITY-2 If it breaks 2591 and sustains then you can sell gold with retest target will be 2616-2630-2650
TVC:GOLD
by Goldsignaldaily
GOLD ROUTE MAP UPDATEHey Everyone, Another ranging day with side by side movement for the most part of today, as the market looks for a blueprint in this new range. Yesterday we got the first Bullish target hit at 2581 and stated that we needed to also keep in mind the Bearish gap below at 2567. Today we got the bearish target 2567 hit and now ema5 is playing just above the level. If we see a cross and lock below 2567 then we will see the retracement range open up for a test. Failure to lock below 2567 and we will see the Goldlturns above being re-tested keeping in mind the open gaps above. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We are taking extra caution with our buys in this new range, as bigger corrections are likely. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2581 - DONE EMA5 CROSS AND LOCK ABOVE 2581 WILL OPEN THE FOLLOWING BULLISH TARGET 2591 EMA5 CROSS AND LOCK ABOVE 2591 WILL OPEN THE FOLLOWING BULLISH TARGET 2603 POTENTIALLY 2615 BEARISH TARGETS 2567 - DONE EMA5 CROSS AND LOCK BELOW 2567 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2554 - 2538 EMA5 CROSS AND LOCK BELOW 2538 WILL OPEN THE SWING RANGE SWING RANGE 2516 - 2506 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
9
XAUUSD: The decline is about to begin, have you sold?After gold rose to the high point of 2580-2590, it basically maintained a shock consolidation this week. So far, no new historical highs have been triggered this week. For now, most investors in the market believe that the Fed's interest rate decision will be a node, but in fact, it is not. I think today's data will be a window for a change. Because the closer the interest rate decision is, the more people will be eager to close the profitable long orders, which will quickly weaken the long force and give the short force an opportunity to take advantage of the situation. So I think there is a high probability that there will be a callback before the interest rate decision. Trading strategy: Sell in the 2580-2590 area, the target is first to look at the 2550 area, and the second is the previous high 2530 area. I personally still hold on to the short orders I held last week. After adding positions at high levels several times, the average price is now at 2567. As long as the gold price falls, our trapped orders can be closed at a profit.
TVC:GOLDShort
by AntonyTP
2
XAUUSD | Bearish DivergenceCurrently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows while moving within a parallel channel, supported by its trendline. Additionally, fundamental factors are pushing gold to reach new highs. However, on the 1-hour time frame, there is a hidden bearish divergence, suggesting a potential trend reversal into a downtrend. This indicates that we may soon see the formation of new lower highs (LH) and lower lows (LL), and the price could move towards a high-demand zone. Moreover, with high-impact USD news expected this week, we anticipate a potential retracement in price. After this pullback, we could expect an upward rally in gold. In summary: 1: Uptrend: Gold is making higher highs and higher lows, moving within a parallel channel. 2: Fundamentals: Support the uptrend and push for new highs. 3: Hidden Bearish Divergence: On the 1-hour chart, indicating a potential shift to a downtrend. 4: High-Impact USD News: Expected to cause a retracement, followed by a potential upward rally. Expectation: A short-term pullback, followed by a possible continuation of the uptrend. These factors suggest short-term downside potential before a likely continuation of the uptrend.
TVC:GOLDShort
by awaisulabdeen