Get started

Goldprice

XAUUSD TODAY: Gold price keeps risingGold prices hovered around $2,340 per ounce on Tuesday, after logging gains in the previous session underpinned by growing expectations of eased monetary policies by major central banks. On Monday, data showed that US manufacturing activity slowed for a second consecutive month in May, while construction spending unexpectedly fell in April due to declines in non-residential activity. This further increased speculations that the Fed has room to cut rates this year. Traders are currently pricing a 60% probability of rate cut in September SELL GOLD: 2374 - 2376 , SL: 2380 BUY GOLD: 2327 - 2325, SL: 2321 Good luck investors
OANDA:XAUUSDShort
by Scalper_Ananda
Short gold, target 2330 From the 45-minute chart, we can see that the gold price is currently in a long-short selection and wash-out stage. The opening price of 2350 has fallen below. In the European session, we can directly look at short positions below 2350. If the price drops to around 2330, we can look at the reverse strategy intervention. In the US session, we can look at the gains and losses around 2330 and stabilize to recover the intraday decline. Trading strategies can be referenced: short below 2350, with a target near 2330.
OANDA:XAUUSDShort
by Signalking
XAU/USD 04 June 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bullish CHoCH which indicates, but not confirms pullback following bearish iBOS. Price is now trading within an internal range. Bullish pullback was assisted by reaction from H4 and Daily nested demand zones. Yesterday intraday expectation was for price to pullback and print bullish CHoCH which was denoted with a blue dotted line. Price to trade up to premium of 50% or H4 supply zone before targeting weak internal low which is denoted with a blue dashed line. Price did exactly as expected. Intraday expectation: Price to target fractal low which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price had printed a double bullish iBOS before printing a bearish iBOS. Intraday expectation: Price to pullback to either premium of 50% EQ or M15 supply zones before targeting weak internal low which is denoted with a blue dashed line. An alternative scenario would be for price to continue bearish, react at M15 POI before pullback initiation . This would bring the CHoCH closer to current price allowing a more realistic indication of pullback initiation. The CHoCH is currently positioned at the same level as the M15 supply zone. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
GOLD - turns up stronglyGold charge forecast World gold charges multiplied sharply withinside the context of the USD index falling. Recorded at 6:00 a.m. on June 4, the United States Dollar Index measuring the fluctuation of the dollar with 6 principal currencies turned into at 104,575 points (down 0.46%). Last weekend, the United States Department of Commerce introduced facts displaying that the private intake expenditures (PCE) charge index multiplied through 0.3% in May 2024, identical to the unadjusted growth in March. At the start of today`s buying and selling session, the gold marketplace soared, maintaining the promoting growth round the edge of 2,350 USD/ounce, because the US production zone misplaced momentum. Gold's robust upward thrust turned into because of the Institute for Supply Management (ISM) pronouncing on Monday that its production index fell to 48.7% in May, as compared to 49.2% in April. Data The facts is weaker than anticipated as consensus forecasts name for a moderate development to 49.8. The gold marketplace awaits the choice of the United States Federal Reserve (FED). Price cuts through principal US stores and new facts displaying slowing customer spending may want to raise the Fed's self assurance that inflation is falling. Traders presently see a 54% danger of the FED reducing hobby charges in September 2024. Gold is taken into consideration an inflation hedge, however growing hobby charges growth the possibility fee of keeping non-yielding belongings like gold.
TVC:GOLD
by Chart_MasterPro
World gold prices revived and increased slightly At the start of the buying and selling consultation on June 3 (US time), global gold costs revived and multiplied barely withinside the context that buyers nonetheless count on that US inflation is at the decline, with a purpose to encourage the United States Federal Reserve ( Fed) will quickly reduce hobby rates. In addition, gold costs also are being supported via way of means of a mild lower withinside the USD. At the identical time, Nymex crude oil costs are almost solid and buying and selling round 76.seventy five USD/barrel. As expected via way of means of analysts, gold costs have recovered after plummeting ultimate week. Sean Lusk, co-head of business hedging at Walsh Trading, stated that gold nonetheless continues its upward momentum so it'll quickly growth in rate again. Sharing the identical opinion as Sean Lusk, Adrian Day - Chairman of Adrian Day Asset Management - stated that withinside the context of US inflation being at the decline, there may be no motive for gold costs to lower whilst the Fed will base on that to quickly boost costs. set a particular cut-off date for hobby charge cuts. In an evaluation on CBS News, specialists stated that the pointy drop in gold costs is handiest temporary, however the long-time period fashion continues to be at the rise. Experts suggest that buyers ought to speedy purchase gold in the course of low costs. Gold rate forecast Kitco senior analyst Jim Wyckoff stated that gold costs will get better withinside the following couple of sessions. In Kitco News` weekly gold survey, with the participation of Wall Street specialists and retail traders, the bulk of specialists and buyers nonetheless count on an upward fashion withinside the rate of the treasured metal. Many analysts are expecting that, in advance of the Fed's financial coverage assembly on June 11-12, many buyers will growth buying, inflicting gold costs to growth sharply earlier than the assembly.
TVC:GOLD
by TheLeader_WOLF
Gold ShortIs till believe that OANDA:XAUUSD doesn't have enough momentum to beat previous highs of 2400 to 2450. Bullish momentum dies off after the sellers stepped In and tried to take control of the narrative three weeks ago from 2450. Yesterday the price rose to 2350 and was unable to stay above a mini-resistance 2360 and now I still think TVC:GOLD In OANDA:XAUUSD has to drop to 2300 or 2250s to find enough gas to go past 2400s and 2450. On a short term Gold is bearish. on a long term gold is bullish ******************************************************************************************************8 Always trade with a hard stop loss and do your research before pulling any trades.
FX:XAUUSDShort
by alonso780
1
The DOWN trend prevailed at the beginning of the week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The Gold price (XAU/USD) struggles in the Asian session due to conflicting factors and stays near a three-week low. The expectation of rate cuts by the Federal Reserve and easing inflationary pressures weaken the US Dollar, supporting gold as a safe-haven asset. However, positive market sentiment and hopes for a cease-fire in Gaza limit the upside for gold. Traders are waiting for important US macro data, including the Nonfarm Payrolls report, and central bank decisions from the Bank of Canada and the European Central Bank. ⭐️ Personal comments NOVA: The selling pressure at the beginning of the week is still maintained - the DOWN trend is dominant, waiting for support areas for Gold ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2306 - $2304 SL $2299 TP1: $2312 TP2: $2320 TP3: $2330 🔥SELL GOLD zone: $2340 - $2342 SL $2347 TP1: $2332 TP2: $2327 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
2
The short-term downtrend continues todayAfter reaching the lowest level in 3 weeks around 2315, gold reacted strongly and increased to 10 levels. The latest break out level at 2337 is still doing well as resistance today, my expectation is that gold will fall to the 2305-2300 range. today. Although in the h4 time frame gold is in a short-term downtrend, back in the daily frame gold is still ready to increase strongly at any time. Support: 2,305 – 2,300USD Resistance: 2,340 – 2,353USD BUY price range 2306 - 2304 stoploss 2300 SELL price range 2340 - 2342 stoploss 2346
OANDA:XAUUSD
by TVS-Trader
Short gold, target around 2300 From the 4-hour chart, it can be clearly seen that a head and shoulders top pattern has been formed, which is a bearish pattern. The short-term rebound high is 2336. The trading strategy is mainly short selling, sell @ 2327-2332, and you can add short positions at 2336, with a target of 2305-2300. You can configure your positions according to the above strategy for trading. If you agree with my point of view, remember to pay attention, and leave a message if you have any questions
TVC:GOLDShort
by Signalking
XAUUSD: 3/6 Analysis and StrategyGold technical analysis Daily resistance 2370, support below 2330-2300 Four-hour resistance 2343, support below 2330-2300. ✅Gold operation suggestions: Last Friday, the overall gold price rose first and then fell, and then fell back and fluctuated downward. The overall price showed a strong suppression pattern above 2350. The overall technical indicators in the short cycle showed a short arrangement and divergence downward. At present, a new resistance suppression area has formed above 2360. In the short term, the gold price is expected to fall further. From the current trend, today's upper resistance focuses on the top and bottom conversion position of the hourly line last Thursday, 2341-43. Strong resistance and suppression focus on the 2350 mark. The intraday rebound relies on this position to continue to be short and follow the trend to fall. The lower target continues to focus on breaking the bottom. The short-term long and short strength watershed focuses on the 2360 mark. Before the daily level breaks through and stands firm at this position, the shorts are still strong. SELL:2360 near SL:2373 SELL:2350 near SL:2354 SELL:2330 near SL:2333 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
2
XAU/USD 03 June 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish iBOS which confirms swing pullback initiation. After iBOS price is expected to pull back. First indication, but not confirmation of internal pullback initiation will be a bullish CHoCH which is denoted with a blue dotted line. Price is currently trading within an internal high and fractal low. We have a nested Daily and H4 demand zone where price is reacting from. Intraday expectation: Price to pullback and print bullish CHoCH which is denoted with a blue dotted line. Price to trade up to premium of 50% or H4 supply zone before targeting weak internal low which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed a series of bearish iBOS' After iBOS price is expected to pullback, which is currently underway. Price is now contained within an internal range and approaching an M15 supply zone and strong internal high. Intraday expectation: Price to react at M15 supply zone before targeting weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
GOLD - short-term test of the 2300 areaWorld gold expenses this week are forecast to have a variety of fluctuations while the marketplace gets a variety of critical information, along with the buying control index document withinside the production and carrier sectors, and the quantity of packages reported. unemployment blessings and May`s non-farm payrolls document. Central banks' selections this week will probably reason markets to recalculate the timing and scale of the Reserve's hobby price easing Federal Reserve (Fed). Commenting on gold rate developments this week, 10 Wall Street analysts participated in Kitco News's Gold Survey, the effects confirmed that 6 experts (accounting for 60%) anticipated gold expenses to upward push better subsequent week. . 2 analysts (equal to 20%) are expecting expenses will decline and the equal quantity suggests that gold has a tendency to transport sideways because it awaits route subsequent week. Meanwhile, 128 retail traders on Main Street (equal to 58%) are expecting gold expenses will boom subsequent week. fifty three traders (24%) forecast decrease expenses, forty one respondents (18%) leaned closer to a impartial view at the route of gold expenses withinside the brief term.
TVC:GOLDShort
by Chart_MasterPro
GOLD - Important nonfarm news that has an impact?Like final night, I additionally commented and shared pretty truly approximately this week`s Gold Trend. >At this rate, I will watch to promote Gold in line with the MA newspaper's Trend and could await Nonfarm information this weekend. With the cutting-edge Gold price, you may talk over with the Gold Sell Watch on Zone 2338>234x And Canh Buy is withinside the Canh Buy resistance quarter 2322>2325 SL 2320 TP 2333>234x If Gold Pha can byskip thru 2320, anyone will Sell to the response of Zone 2310>2300 in line with the vintage resistance line.
TVC:GOLD
by TheLeader_WOLF
XAU/USD 31 May 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains unchanged from yesterday's analysis dated 30 May 2024 -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation. I also previously mentioned that first indication, but not confirmation, would be for price to print a bearish CHoCH. The CHoCH line is denoted with a blue dotted line. Price has printed a bearish CHoCH which indicates, but not confirms pullback initiation. As previously mentioned, if price cannot sustain its bullish momentum, it may seek to mitigate the H4 demand zone below. Price was failing to break above discount of 50% EQ which could indicate the bulls are losing control momentarily or seeking further liquidity. As previously mentioned, I have started to map internal structure to gain a better understanding of price action. I mentioned that the blue dotted line will indicate an internal bearish CHoCH as price may pull back deeper to the extreme of the H4 swing low structure which is marked with a blue solid vertical line. Price has now printed a bearish CHoCH with price currently being contained within an internal range. Black EQ marked 0.5 is swing range. Blue EQ marked 0.5 is internal range. Intraday expectation: Scenario one: Price to continue bullish to target weak internal high which is denoted with a blue dashed line. Scenario two: Price to continue bearish and react at H4 POI below to then target weak internal high which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed another bullish iBOS followed by a bearish CHoCH which indicates, but not confirms bearish pullback is underway. Price is now contained within an internal range. After reacting at discount of 50% EQ price has been unable to target weak internal high. This could indicate that price is seeking further liquidity. Intraday expectation: Price to react at M15 POI to target weak internal high which is denoted with a blue dashed line. The internal low, which is also denoted with a blue dashed line to the bottom of the chart is expected to hold. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold price moves sideways before the falling thresholdWorld gold fees inched up barely once more in today`s buying and selling session. Macquarie commodity strategists stated in a file that at the same time as expectancies for hobby price cuts have lately dwindled amid consistently excessive inflation, gold fees retain to expose power because of diverse underlying effective factors. The studies corporation determined that gold fees have hit new highs, pushed with the aid of using drivers aside from US hobby prices and the dollar. The yellow metallic has benefited from a broader threat-on sentiment in metals markets. Gold fees have outperformed throughout diverse asset training and on the macroeconomic level. It implicitly trades on its recognition as a secure asset with out a counterparty threat, instead of the possibility prices related to maintaining a zero-yielding asset. Furthermore, gold fees were supported with the aid of using threat assets. Macquarie highlighted that crucial financial institution gold purchases are nonetheless monitoring above pronounced levels, suggesting institutional hobby withinside the valuable metallic stays sustained. The gold derivatives marketplace is right here to stay, in particular while measured in notional quantities in US greenbacks instead of in lots. However, the marketplace role is stated to have end up much less worrying after current rate adjustments. Trading volumes at the Shanghai Futures Exchange (SHFE) have stabilized after a giant boom in April, however spreads in China stay excessive, suggesting persevered hobby and pastime withinside the gold marketplace from Chinese traders. Gold fees' resilience, notwithstanding a more potent Dollar supported with the aid of using variations in relative US financial policy, indicates buyers are searching past the United States hobby price marketplace in relation to to gold.
TVC:GOLDShort
by Chart_MasterPro
Wait for the long-term BUY point after the recovery wave endsGold prices temporarily halted their recovery streak as the USD increased slightly, in addition to the FED's hawkish comments, and stronger-than-expected US economic data reduced expectations of a FED interest rate cut in September. This creates momentum for the USD to put pressure on gold. On the other hand, geopolitical tensions and instability may promote gold buying as a safe haven, and banks' demand will continue to boost gold prices. Gold is continuing to maintain the recovery of wave 4 in the elliot wave model, investors are waiting for a trendline break around 2350 to catch the SELL retest with the expectation that gold will fall to the support area of ​​2325 and 2305. Our long-term BUY point is around 2305 when the recovery wave of the buying trend ends. SELL price range 2370 - 2472 stoploss 2376 SELL price range 2386 - 2488 stoploss 2392 BUY price range 2324 - 2322 stoploss 2318 BUY price range 2305 - 2307 stoploss 2301
OANDA:XAUUSD
by TVS-Trader
1
GDP is the focus of the market today💥After the gold price reached a new all-time high, it encountered a sell-off and fell back to more than 120 US Dollars an ounce from a high of 2,450 USD/ounce. Gold continued to fall when the FED made new statements. about monetary policy. Gold prices will continue to decline if the US economy continues to grow and data shows that the US economy is still at a good level. 💥The recent trend of the United States maintaining high interest rates for a longer period of time will support the US Dollar and US bond yields at high levels, putting certain pressure on the precious metals market. However, in the corner More generally if the Federal Reserve begins to cut interest rates in the future, it will significantly support gold prices. In addition, with the support of factors such as central banks continuously increasing gold purchases and the increasing instability of the global geopolitical situation, the potential for gold prices to increase in the near future still remains. big. 💥After a sweep to the 2325 price range as in previous analysis, gold rebounded strongly to 2335, back in the sideway range. Currently, the currency pair is waiting for GDP data to determine the next market trend. Gold price has reached the important level of 2325, the next level of the downtrend is heading towards 2305, an area where we can BUY long term. In the opposite direction, gold bounces strongly from 2325, the resistance level of 2360 (EMA 89) will be an important area to know that the uptrend has returned to gold and the short-term downtrend has ended.
OANDA:XAUUSD
by TVS-Trader
XAU/USD 30 May 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. As previously mentioned, price was showing very early signs of pullback, however, we did not have indication or confirmation. I also previously mentioned that first indication, but not confirmation, would be for price to print a bearish CHoCH. The CHoCH line is denoted with a blue dotted line. Price has printed a bearish CHoCH which indicates, but not confirms pullback initiation. As previously mentioned, if price cannot sustain its bullish momentum, it may seek to mitigate the H4 demand zone below. Price was failing to break above discount of 50% EQ which could indicate the bulls are losing control momentarily or seeking further liquidity. As previously mentioned, I have started to map internal structure to gain a better understanding of price action. I mentioned that the blue dotted line will indicate an internal bearish CHoCH as price may pull back deeper to the extreme of the H4 swing low structure which is marked with a blue solid vertical line. Price has now printed a bearish CHoCH with price currently being contained within an internal range. Black EQ marked 0.5 is swing range. Blue EQ marked 0.5 is internal range. Intraday expectation: Scenario one: Price to continue bullish to target weak internal high which is denoted with a blue dashed line. Scenario two: Price to continue bearish and react at H4 POI below to then target weak internal high which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a series of bearish iBOS' followed by a bullish iBOS. This could provide a very early signal that H4 pullback is now complete. Intraday expectation: Price to react at discount of 50% EQ or M15 POI to target weak internal high which is denoted with a blue dashed line. The internal low, which is also denoted with a blue dashed line to the bottom of the chart is expected to hold. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold continues to sell accurately. The target is 2300 or lower Gold continues to create new lows this week. At present, many people may think that the market will rebound sharply again. I think it is difficult. Because there is no important news to drive the gold price up sharply. And the market is still in a downtrend. The trend is a sharp rise before the technical repair. In the short term, it is expected to fall below 2,300 points. Everyone should be mentally prepared. COMEX:GC1! OANDA:XAUUSD TVC:GOLD The current price can still continue to sell. The upper pressure is at 2345-2351
TVC:GOLDShort
by AA_Jack
1
Money supply increased for the first time, Gold price will decreGold prices dropped slightly to hover around $2,360 per ounce on Wednesday. This decline was attributed to investors scaling back their expectations for interest rate cuts by the US Federal Reserve this year. The market is also eagerly awaiting the release of the key PCE inflation report. GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5. Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite. 🔴SELL GOLD: 2364 - 2366 , SL: 2370 (scalping) 🟢BUY GOLD: 2317 - 2315, SL: 2311 (scalping) GOOD LUCK EVERYONE👍
OANDA:XAUUSDShort
by Scalper_Ananda
The amount of selling pressure strongly affects the trend of golGOLD- 10:30 May 30, 2024 Dear traders! Gold skilled vast volatility the day before today because it slid sharply above the $2,347 guide degree and reached the $2,334 mark consistent with a conventional bearish flag structure. At the time of writing, the rate is aiming to check the $2,325 mark amid a correction and sell-off supported through a more impregnable US Dollar and better US bond yields. Diminishing expectancies of a Federal Reserve hobby price reduce in September have induced a few promoting strain at the valuable steel because it will growth the possibility price of gold. Accordingly, the resistance place at 2347 USD keeps to maintain the rate and is actively covered through dealers on a down wave basis. I assume a take a look at of horizontal guide and a rebound to retest the 34.89 EMA, the rate response to the liquidity sector might be consistent with our promoting strategy. It is predicted that the rate will attain as a minimum 2325 and 2307.
TVC:GOLDShort
by Chart_MasterPro