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XAUUSD: As explained in our previous ideas! Time to Buy! Dear Traders, As we had explained in our previous chart analysis on Gold, price did exactly the way we expected. Now we can take swing buy entry, however, would advise you to wait until London session open on Monday. Enter with accurate risk management. **Good Luck and if you like our ideas then please do like and comment the ideas; also follow us which will encourage us to bring more educational ideas like this.**
OANDA:XAUUSDLong
by Setupsfx_
37
Nice Entry Point In SilverSilver spot price remains in an uptrend, and has broken out of a bull flag pattern. Bullish crossover on MACD coincides with breakout from the bull flag. Fundamentals support the case for higher silver spot price in the long term: stubbornly high inflation, large fiscal deficits, weakness in regional banks and commercial real estate (Fed will need to ease to avert financial crisis), as well as 4 years straight of deficits in physical metal. This post does not constitute financial advice. COMEX:SI1!
COMEX:SI1!Long
by smartsilverstacker
GOLD to find buyers at 61.8% pullback?Gold - 24h expiry Buying continued from the 61.8% pullback level of 2372.6. Yesterday's Marabuzo is located at 2374. Preferred trade is to buy on dips. Dip buying offers good risk/reward. Price action continues to trade around significant highs. We look to Buy at 2373.5 (stop at 2361.5) Our profit targets will be 2403.5 and 2410.5 Resistance: 2392.9 / 2398.5 / 2415.0 Support: 2380.8 / 2370.0 / 2355.0 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:XAUUSDLong
by OANDA
NF - important data ! $2390 entries expected⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The ongoing risk-on climate, represented by global equity market increases, could limit any extreme XAU/USD rally. Traders may hold off on strong bets until the US monthly employment data release. The Nonfarm Payrolls report will shape expectations of future Fed policies, impacting USD demand and giving new momentum to the precious metal, which is set to record gains for a second consecutive week. ⭐️ Personal comments NOVA: Gold price has positive optimism in early July. NF opportunities for prices to continue to rise, expected price range $2390 - $2400 ⭐️ SET UP GOLD PRICE: 🔥SELL GOLD zone: $2390 - $2392 SL $2400 TP1: $2380 TP2: $2365 TP3: $2350 ⭐️ 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
THE KOG REPORT - NFPTHE KOG REPORT – NFP This is our view for NFP, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. Before we start, remember, the trade comes after the event, let them move the price to where they want and then look for a set up to get in. We’ve highlighted the key levels this time with the potential path due to the range being so big, and yes, we’re still in the range believe it or not! So, for that reason, we have the extreme level of support below 2340-45 and below that 2335 which is also our bias level. If targeted and held, a bounce here could be on the cards with a move to continue upside and higher up. This is a key level, if broken, we complete the move downside again more likely to target the 2320 region, so please play caution. Our ideal scenario here is for them to take the price upside, first level of importance 2380-85 which needs to break for us to go higher and target the 2400 level which will then give us the extreme level 2405-10 which is where we feel the stretch can go and that’s where the ideal short will come from, most probably next week. It’s a difficult one to navigate but the range is still in play and the extreme levels are worth taking note if there is huge volume and a curve ball. Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
OANDA:XAUUSD
by KnightsofGold
2
EURUSD July 4 analysisEUR/USD surged and rose above 1.0810 to touch its highest since June 12 on Wednesday. The pair remained in consolidation near 1.0800 early Thursday. Disappointing macroeconomic data from the United States triggered a sell-off in the US Dollar (USD) during US trading hours on Wednesday and gave the EUR/USD pair a boost. EUR/USD rose above 1.0800 on Wednesday, where the 100-day and 50-day Simple Moving Averages (SMA) converged, but failed to make a daily close above this level. Once 1.0800 is confirmed as support, technical buyers may remain interested. In this scenario, 1.0840 (23.6% Fibonacci retracement level of the latest uptrend) can be considered as temporary resistance before 1.0900 (psychological level, static level). In case 1.0800 remains resistance, 1.0760 (50% Fibonacci retracement) and 1.0730-1.0740 (61.8% Fibonacci retracement, 20-day SMA) can be considered Support level. Trading signals SELL EURUSD zone 1.08450-1.08650 ↠  Stoploss 1.08800 → Take Profit 1 1.08000 → Take Profit 2 1.07400 BUY EURUSD zone 1.07600-1.07400 ↠  Stoploss 1.07300 → Take Profit 1 1.08000 → Take Profit 2 1.08600
by TVS-Trader
4
Gold weakened at the beginning of the weekGold prices started the new week at a mild level and fluctuated within a range below multi-day peaks. Important US inflation data reaffirms market expectations that the Federal Reserve (Fed) may cut interest rates in September and again in December. This, in turn, will pull the Dollar The US dollar (USD) is off the peak reached last week and this is the main factor acting as support for the commodity. Persistent geopolitical tensions and uncertainty about the final outcome of France's shock election have provided some support for safe-haven Gold prices. Meanwhile, the Fed is expected to cut interest rates only once in 2024, while officials still argue in favor of keeping rates higher for longer. This lifted US Treasury yields to multi-week highs and capped the yellow metal's yield. Gold is still trading between the EMA 34 and EMA 89 of the h4 frame, showing that gold is hesitant around the 2320-2330 border. A sustained strength beyond this narrow price band has the potential to push Gold prices back to the 2344-2345 resistance area, which if overcome, would allow buyers to reclaim the $2,355 break out mark. Momentum could extend further to reclaim the 2400 key mark once last month's peak resistance of 2385 was broken. On the downside, any slippage from the tight range is likely to find some support near 2310. A convincing break below that threshold would be seen as a fresh trigger for bearish traders and pull prices. Gold down to 2295. The round support area of ​​2300 has almost no meaning anymore to support gold price. Support: 2310-2295 Resistance: 2344-2355 Trading signals SELL GOLD 2355-2357 SL 2360 BUY GOLD 2295-2293 SL 2290
OANDA:XAUUSD
by TVS-Trader
Gold prices fluctuate around a two-week peak☘️Fundamental analysis Firm expectations that the Federal Reserve (Fed) will cut interest rates in September, supported by recent weaker US macroeconomic data, dragged the US Dollar (USD) to lows strongest in more than three weeks and is said to be beneficial for the non-yielding yellow metal. Additionally, persistent geopolitical tensions, coupled with political instability in the United States and Europe, turned out to be another factor driving flows into safe-haven commodities. Traders may also refrain from placing aggressive bets and prefer to wait for the release of monthly US employment details. The widely known Nonfarm Payrolls (NFP) report will influence market expectations about the Fed's future policy decisions. ☘️Technical analysis After a strong breakout from the 2340 resistance zone, gold is being supported by buyers. Gold is approaching the next resistance zone around 2365. Some follow-through buy orders above the $2,365 area will reaffirm the prospect of regaining the $2,400 mark. On the other hand, weakness back to the 2340 zone support, could be seen as a buying opportunity. Next is the support level near the $2,319-2,318 area, which if broken decisively could cause the Gold price to weaken further below the $2,310 mark. Support: 2349-2339-2319 Resistance: 2365-2370-2385 SELL 2365-2367 stoploss 2370 SELL 2385-2387 stoploss 2390 BUY 2339-2337 stoploss 2334 BUY 2319-2317 Stoploss 2314
OANDA:XAUUSD
by TVS-Trader
Gold Eyes $2,320 as Bearish Pressure IntensifiesGiven the bearish setup in the gold chart, the likely target for bears can be identified by examining previous support levels and key Fibonacci retracement levels. Here are the key targets and levels to watch: First Support Level: $2,320 - This level has provided support in the past and is the nearest potential target for bears. A break below this level could confirm further bearish momentum. Second Support Level: $2,280 - This is another significant support level that has acted as a floor in previous price actions. Bears would likely target this level if the first support is broken. Key Fibonacci Retracement Level: $2,260 - This level is around the 50% Fibonacci retracement of the recent rally from the last significant low. It serves as a psychological and technical target for further bearish moves. Major Support Level: $2,200 - This is a strong support level and a critical psychological threshold. If gold prices fall to this level, it would represent a significant bearish move, potentially prompting strong buying interest or further declines depending on market sentiment. In summary, the likely targets for bears in the near term would be $2,320, $2,280, and $2,260, with a major bearish target around $2,200 if the downward pressure continues. Traders should monitor these levels closely for potential buying opportunities or further declines.
TVC:GOLDShort
by blacklegend55
XAU/USD 05 June 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterdays analysis dated 04 June 2024 -> Swing: Bullish. -> Internal: Bearish. Price has continued bullish indicating that bullish pullback phase is incomplete. Internal structure remains bearish until strong internal high is taken out. Intraday expectation: Price to react at 50% EQ of the swing structure, which is indicated in black or H4 supply levels before targeting weak internal low. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price printed as per yesterday's intraday expectation and printed a further bullish iBOS where price targeted the weak internal high. Bearish CHoCH has been printed which indicates bearish pullback initiation. Intraday expectation: Internal structure is bullish, therefore, price to react at either discount zone of 50% EQ or M15 demand zone before targeting weak internal high. Alternative scenario is price to target strong internal low as we need to be mindful that H4 is in bearish pullback phase and we are showing reaction from H4 supply zone. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD: 1/7 Analysis and StrategyGold technical analysis Daily resistance 2340-70, support below 2277 Four-hour resistance 2340, support below 2315-2277 Gold operation suggestions: From the analysis of the 4-hour line, today's support below is around 2315, and the upper short-term pressure is around 2335-40. First, sell high and buy low in this range. In the short term, the gold price is likely to continue to fluctuate widely. SELL:2340near SL:2343 BUY:2315near SL:2312 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
3
GOLD - rising after weak economic data🟢The global gold marketplace did now no longer differ tons in the course of the National Day holiday. Gold retained its preceding profits as expectancies that the United States Federal Reserve (Fed) could reduce hobby costs as early as September multiplied following vulnerable monetary statistics. 🟢In addition, currently launched statistics reinforces the opportunity of loosening economic coverage this 12 months and that may be a high-quality sign for gold. Data launched withinside the center of this week confirmed that the wide variety of packages for unemployment advantages multiplied, the wide variety of jobs withinside the personal quarter multiplied through most effective 150,000, tons decrease than forecast. 🟢Currently, the marketplace is watching for non-farm payroll statistics. This file can have a massive effect on gold expenses withinside the future. If gold falls after the file, traders have to see it as a shopping for possibility because the treasured metallic is on an uptrend and will reach $2,four hundred an oz. or greater pushed through sturdy demand. from principal banks and shelter-in-location shopping for because of issues approximately geopolitical tensions.
TVC:GOLDLong
by Chart_MasterPro
GBPUSD July 4 analysisGBP/USD hovers around 1.2750 on UK election day GBP/USD is trading sideways near 1.2750 during the European session on Thursday. A generally weaker US dollar helped the pair maintain its upward momentum but traders did not place further bets on the British Pound as British voters went to the polls. The Relative Strength Index (RSI) on the 4-hour chart has risen above 60, reflecting accumulating bullish momentum. Additionally, the last 4-hour candle closed above the 100-period Simple Moving Average. On the positive side, the 20-day Simple Moving Average (SMA) and 200-period Simple Moving Average (SMA) on the 4-hour chart form strong resistance near 1.2700. In case GBP/USD rises above this level and begins to use it as support, technical buyers may remain interested. In this scenario, 1.2750 (static level) and 1.2800 (static level, psychological level) can be considered as the next resistance. If GBP/USD fails to break above 1.2700, it could trigger a technical correction. The 100-day SMA links to key support at 1.2640 ahead of 1.2600 (psychological level, static level). Trading signals BUY GBPUSD zone 1.27000-1.26800 ↠  Stoploss 1.06700 → Take Profit 1 1.27500 → Take Profit 2 1.28000 SELL GBPUSD zone 1.28000-1.28200 ↠  Stoploss 1.28300 → Take Profit 1 1.27700 → Take Profit 2 1.27000
by TVS-Trader
1
Gold trades with caution above $2,350, as focus shifts to US NFP☘️Fundamental analysis Gold prices reversed initial gains to trade cautiously above $2,350 on Thursday. The continued weakness of the US dollar coupled with sluggish US Treasury yields kept gold prices restrained amid market weakness due to the US Fourth of July holiday. Gold prices traded with a slight positive trend during early European trading hours on Thursday. Gold's trading range today is relatively narrow because today is a bank holiday. Traders also seem reluctant and prefer to wait for the release of monthly employment details from the US Nonfarm Payrolls (NFP) report on Friday before positioning for the next move. a move in direction. Meanwhile, the downside for gold prices appears to have eased following solid expectations that the Federal Reserve (Fed) will begin an interest rate cutting cycle later this year. Weaker US macroeconomic data released on Wednesday pointed to signs of weakness in the labor market and a weakening economy. Furthermore, the most recent FOMC meeting minutes showed that the majority of policymakers said US economic growth was gradually cooling. This led to an overnight drop in US Treasury yields and dragged the US dollar (USD) to a three-week low, which could further support gold. ☘️Technical analysis From a technical perspective, the strong breakout above the 2333 and 2344 resistance zones has pushed gold back to its 3-week high around 2365. Daily chart oscillators have begun to gain positive traction. , favoring bullish traders. 2365 Resistance Broken Some follow-through buying and sustained strength above the $2,385 area would reaffirm the prospect of a return to 2400 circular resistance. On the other hand, gold's ability to turn around is lower. The first key support zone is the break out zone of 2344. The next relevant support level is anchored near the 2333 zone, which if broken, could leave Gold prices vulnerable to further weakness below the most important mark of 2319. gold Closing candles below the 2319 area is not allowed if you want to continue your uptrend. Support: 2350 - 2344 - 2333 - 2320 Resistance: 2368 - 2385 - 2400 SELL price range 2385 - 2387 stoploss 2395 BUY price range 2345 - 2343 stoploss 2340 BUY price range 2335- 2333 stoploss 2330
OANDA:XAUUSD
by TVS-Trader
XAU continues to increase - break $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) marginally increased during Thursday's Asian session, but didn't surpass the near two-week high reached previously. The strong global equity market is hindering the safe-haven metal during the US Independence Day holiday. Traders are awaiting Friday's US Nonfarm Payrolls (NFP) report before making further investment decisions. ⭐️ Personal comments NOVA: Gold price after breaking 2350 from the sideway zone 2310 - 2350, the Uptrend prevails, the Bulls prevail. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2349 - $2347 SL $2342 TP1: $2355 TP2: $2368 TP3: $2380 🔥BUY GOLD zone: $2337 - $2335 SL $2330 TP1: $2345 TP2: $2352 TP3: $2360 ⭐️ 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
2
India's Love Affair with Gold Loses Its Luster as Prices SurgeIndia, a nation long synonymous with its insatiable appetite for gold, is witnessing a shift as record-high prices force consumers to reconsider their love for the precious metal. Shops like Shaik Ameen's Gold Palace in Bengaluru are experiencing a slowdown in pre-wedding purchases, a time typically marked by a surge in gold buying. Traditionally, gold has held immense cultural and social significance in India. It's seen as a symbol of prosperity, plays a vital role in weddings and festivals, and serves as a form of secure investment, particularly for rural populations. This deep-rooted affinity has earned India the title of the world's largest gold consumer. However, recent price hikes are dampening this enthusiasm. The global price of gold has been on an upward trajectory, driven by factors like geopolitical tensions and inflation concerns. This surge has translated into near-record highs in the Indian market, putting a strain on household budgets. The impact is evident in stores like Ameen's. Shopkeepers report a decline in customer footfall and a shift in purchasing patterns. Customers are opting for smaller quantities or delaying purchases altogether. This trend extends beyond just everyday consumers. Even brides, who traditionally adorn themselves in elaborate gold jewelry for their wedding ceremonies, are exploring alternatives. Some are turning to artificial jewellery, which offers a more affordable way to achieve a similar look. Despite the slowdown, it's important to note that the impact isn't uniform across all segments of society. Wealthier individuals seem less deterred by the high prices. Their strong financial standing allows them to continue indulging in larger gold purchases. This disparity highlights the socioeconomic factors at play. For many middle-class and low-income families, gold purchases are often meticulously planned and saved for. Rising prices can significantly disrupt these plans, forcing them to cut back or postpone purchases entirely. The implications of this shift in consumer behavior are far-reaching. It could lead to a decline in gold imports, which have a significant impact on India's trade balance. It could also influence the fortunes of domestic jewellers, who may have to adapt their offerings to cater to a more price-sensitive market. Looking ahead, the future of India's gold demand remains uncertain. Much will depend on the trajectory of global gold prices. If prices stabilize or decline, consumer sentiment could rebound. However, if the current upward trend continues, the love affair between India and gold may face a long-term strain. Here are some additional points to consider: • The rise of alternative investment options like digital gold could also be a contributing factor to the changing dynamics of the Indian gold market. • The Indian government's policies on gold imports and duties can also influence domestic prices and consumer behavior. • The cultural significance of gold in India may still ensure a continued demand, albeit at a potentially lower level. Overall, India's relationship with gold is undergoing a period of transition. While the love affair may not be entirely over, the current economic climate is forcing a reevaluation of this deeply ingrained tradition.
OANDA:XAUUSD
by bryandowningqln
xauusd July 3 trading strategy #xauusd Today is July 3rd. Every day I bring you accurate and perfect profit signals, I think today will not be a surprise Today gold broke 2343. So there should be a new trend today. Today's activity range of gold is between 2327-2371. Let's continue to talk about trading in two areas. 1/2327-2371 range buy2329-2331/2333-23237 tp2350 (this price will be very safe, at the junction of the H dividing line) sell2360-2365 sl2371 (breaking this price will no longer sell) 2/Outside the range of 2327-2371. If the hourly line breaks through 2327, then gold will continue to fall. sell23272-2325 tp2318 or more Hourly line breaks through 2371. Then gold will continue to rise buy2369-2371 tp2375 or more I update my analysis almost every day. If you like me, please give me a thumbs up. And join me. Thank you everyone.
FX:XAUUSD
by MaudEvans
Continue sideways ! Gold price stuck below $2350⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues with its struggle to make it through the 50-day Simple Moving Average (SMA) pivotal resistance and trades with a mild negative bias during the Asian session on Wednesday. The commodity, however, remains confined in a familiar range held over the past week or so as traders prefer to wait for more cues about the Federal Reserve's (Fed) policy path before placing fresh directional bets. Hence, the focus remains on the release of the FOMC meeting minutes later today. This, along with the Nonfarm Payrolls (NFP) report on Friday, might influence expectations about the Fed's future policy decisions, which will drive the US Dollar (USD) and provide a fresh impetus to the non-yielding yellow metal. ⭐️ Personal comments NOVA: Gold price is still stuck in the fluctuating range of $2310 - $2350, waiting sideways for NF news this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2304 - $2302 SL $2297 TP1: $2310 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2348 - $2350 SL $2355 TP1: $2340 TP2: $2330 TP3: $2320 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
5
XAUUSD - 1H Bullish momentumThe XAUUSD (Gold) chart analysis shows that Gold couldn’t consolidate below the $2300 mark after multiple attempts. Now, it’s consolidating above the $2320 zone, indicating strong support. Given this consolidation over the support zone, there’s potential for Gold to rise and break through the resistance zones. If the bullish momentum continues, we could see Gold targeting higher resistance levels, suggesting a favorable environment for buyers in the short term. Keep an eye on the resistance zones for potential breakouts.
OANDA:XAUUSDLong
by Sober_Trading
1