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Is gold price selling or buying? I think it's like this MCX:GOLD1! OANDA:XAUUSD COMEX:GC1! TVC:GOLD Bombarded by the Fed's comments, the market ended its ultra-short-term bullish trend. Reverse downward. It is still continuing to fall. Gold price is at the critical stage of 2370. Policy was tightened and the deadline for interest rate cuts was once again extended. It directly boosted the US dollar and shot up to 104.96 in the short term. At the same time, the European Central Bank sent an assist and is expected to cut interest rates in June. The side boosted the dollar again. In terms of operation, we still need to observe whether the support near 2370 below is effective. If it is effective in the short term, we need to pay attention to the target position near 2388. If the impact of the news intensifies, you need to pay attention to the targets below 2354-2358. Stay tuned for real-time trading signals from the top trading circles.
TVC:GOLDLong
by AA_Jack
XAU/USD 23 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 now printed a bearish CHoCH which indicates, but not confirms pullback initiation. Price is now in discount of 50% EQ and close to a H4 demand zone where would expect to see a reaction. Intraday expectation: Price to continue bearish and react at H4 POI's to then target weak internal high which is denoted with a blue dashed line. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed a bearish iBOS (Internal break of structure). After iBOS price is expected to pull back. Intraday expectation dated 21 May 2024 was for price to continue bullish. React at either premium of 50% EQ or M15 POI both of which were positioned closely before targeting weak internal low which was denoted with a blue dashed line. Price printed as expected and printed a bearish iBOS. Price has continued bearish and we are now trading within an internal high and fractal low. Intraday expectation: We are expecting price to pullback. First indication, but not confirmation of pullback initiation is a bullish CHoCH which is denoted with a blue dotted line. Price to continue bullish, react at premium of 50% before targeting weak internal low which is currently a fractal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
1
Modern trends are completely tilted towards SELLINGGOLD, as I shared yesterday, has dropped deeper than I expected. With the modern Trend being absolutely at the SELL side, these days I will nevertheless watch for right and clean possibilities to SELL GOLD following the Trend. >Today I will quickly Buy GOLD consistent with the Oversold RSI Point at the M30 and H1 frames At this rate, anyone must check with BUY GOLD round Area 2358>2362 SL 2355 TP 2368>238x As I shared ultimate week, after the GOLD fee units a brand new height of 244x, there'll without a doubt be a fee lower of 20>40. So as of yesterday, to date GOLD has offered out greater than 50 prices. So with this wave rhythm, I handiest wish that GOLD can boom in fee through approximately 10>20. Everyone quickly BUY small Vol and perhaps DCA from 4>6 for 1 order. I will nevertheless watch to promote GOLD whilst there may be a response above the 238x area!!!
TVC:GOLDShort
by TheLeader_WOLF
1
gold market for todayI replace Gold`s waves and conduct as much as the existing time for all of us to observe. My evaluation of psychology and conduct stays similar to yesterday. As for the maximum current Buy timing fee, I am presently observing. Focus on 2 fee degrees with values 01-03 and 93-95. For those 2 fee degrees, I additionally recall plenty among optimization (lacking orders and small SL). (Maximum SL is round 89.5, minimal is round 89.5). degree 92). Because this region is pretty large, dividing it into every region for timing and tightly dealing with orders in excessive zones is a solution (transient SL and control whilst the fee runs). For the expenses I offer, I fee the extent of being capable of control orders pretty excessive (reaction), however, for the impulse wave to attain the tager relies upon at the real marketplace information taking place. Every setup we've got We have to observe control rules.
TVC:GOLDLong
by Chart_MasterPro
XAU/USD 22 May 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 21 May 2024 -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish BOS. After bullish BOS, expectation is for price to pullback. I previously commented that price to continue bullish and react at nested Daily and H4 supply levels, which price did. However, price has continued bullish creating all-time-highs. Price is showing very early signs of pullback, however, as yet we have no indication or confirmation. First indication, but not confirmation, would be for price to print a bearish CHoCH. The CHoCH line is denoted with a blue dotted line. Intraday expectation: Scenario one: Price to continue bullish, create new high which would bring CHoCH closer to recent price action. Scenario two: As mentioned above, price is showing very early signs of pullback, however, as yet, we have no indication or confirmation, therefore, price to continue bearish, print bearish CHoCH to indicate pullback initiation. Price to then react at either discount of 50% EQ or H4 demand levels before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has printed a bearish iBOS (Internal break of structure). After iBOS price is expected to pull back. First indication, but not confirmation of pullback initiation is for price to print a bullish CHoCH. Price has printed a bullish CHoCH which is denoted with a blue dotted line. Yesterday's intraday expectation was for price to continue bullish. React at either premium of 50% EQ or M15 POI both of which are positioned closely before targeting weak internal low which was, and still remains denoted with a blue dashed line. Price printed as expected but did not manage to breach and close below weak internal low. Intraday expectation: Price to target weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Gold price trend analysis and plan on the 13th There wasn't a lot of good news over the weekend that prompted gold to rise sharply this week. On the contrary, gold continued to fall on Monday because of gold's surge. Perhaps this is good news for bears. The trend of the chart then saw a sharp correction due to the digestion of the news, and the current position is oscillating around 2343. Put aside the impact of news. The current support of the trend is also located near here. I personally think that 2330-2335 is a suitable buying range. Pay attention to controlling risks during operation.
TVC:GOLDLong
by AA_Jack
GOLD continue to maintain growth in the short term#GOLD: Gold rate the day before today went as predicted while it examined the 2410 region after which extended again. Observing at the H4 body after you may see a bullish candlestick sample after the doj candle round 2416. The situation suggests that GOLD is predicted to preserve to growth withinside the brief time period so that you can recall shopping for up. with GOLD consultation today. Target is again as much as 2430-2440
TVC:GOLDLong
by TheLeader_WOLF
1
GOLD Ready to create new peaks at any time💥GOLD information Gold has just set a new all-time high, as investor demand across the entire market skyrocketed due to growing confidence that the US will cut interest rates this year. Gold bars rose 1.1%, reaching $2,450/oz early in the European session, surpassing the previous record set in April. This price increase is said to be due to traders becoming increasingly confident that the Fed may reduce interest rates as early as September this year. The dollar fell and US government bonds rose sharply last week, after data released on Wednesday showed April inflation fell more than expected. This is supportive for gold, a precious metal that does not yield interest and is priced in USD. Geopolitical risks in Russia and the Middle East continue to return after a Ukrainian drone attacked a small Russian oil refinery, causing the plant's operations to stall. At the same time, an oil tanker en route to China was attacked by Houthi missiles in the Red Sea on Saturday. Precious metals are one of the assets that often benefit from the need to find a safe haven during such unrest. The 2450 resistance level may hold today as the profit-taking mentality of some short-term investors will push gold back to around 2420. That is a short-term vision, but in the long term, the 2450 resistance area may not be. Must be an all-time high for a long time and broken soon for gold to head towards 2500. 💥GOLD plan SELL price range 2453 - 2455 stop 2459 BUY price range 2420 - 2422 stop 2386
OANDA:XAUUSD
by TVS-Trader
Gold prices simultaneously increased sharply💎XAUUSD Analysis💎 🔸Yesterday`s gold charge passed the antique top of 2430 and right away after that withinside the afternoon consultation, there has been a correction. However, withinside the nighttime consultation, the marketplace reacted and the gold charge multiplied again, presently positioned withinside the top place across the 2430 threshold. Observing at the H1 frame, it is able to be visible that withinside the brief term, the gold charge suggests symptoms and symptoms of peaking. New round this charge range. Therefore, in present day consultation, gold charge may also modify barely to retest the 2410 place. In this charge place, gold charge may hold a positive upward pressure. Therefore, it's miles probably that there could be a recuperation response from this assist place. You can bear in mind promoting gold in present day consultation and ready to shop for round 2410. ⚜️BUY LIMIT XAUUSD ⚜️ 👉ENTRY 2410 🔺SL 2400 ❇️TP1 2417 ❇️TP2 2423 ❇️TP3 2430 SELL LIMIT 2450-2455 TP 2430-2425
TVC:GOLDLong
by TheLeader_WOLF
Golden Opportunity: Fed Rate-Cut Bets Drive Gold Near Record HigGold prices are hovering near all-time highs, fueled by a growing belief among investors that the Federal Reserve will cut interest rates later this year. This optimism comes despite mixed economic signals from the US, with concerns about inflation still lingering. Record-Breaking Rally Gold recently reached a fresh intraday record, surpassing the previous high set in April 2024. This surge is attributed to a significant increase in investor demand for the precious metal. The allure of gold stems from its traditional role as a safe-haven asset during times of economic uncertainty. In periods of potential inflation or economic slowdown, investors often flock to gold as a hedge against decreasing purchasing power of traditional currencies. Fed Rate Cuts: A Catalyst for Gold The primary driver for the recent gold price increase is the growing anticipation of a policy shift by the Federal Reserve. The Fed has been raising interest rates throughout 2024 to combat inflation. However, recent economic data has shown signs of a potential slowdown. This has led some investors to believe that the Fed may soon pivot and start lowering interest rates. Lower Rates, Higher Gold Prices Interest rates and gold prices typically have an inverse relationship. When interest rates rise, the opportunity cost of holding non-interest-bearing assets like gold increases, making them less attractive to investors. Conversely, when interest rates fall, gold becomes a more appealing investment option. This dynamic is playing out in the current market, with the prospect of lower interest rates driving investors towards gold. Beyond Rate Cuts: Supporting Factors While the Fed's monetary policy is the primary driver, other factors are also contributing to gold's strength. Geopolitical tensions across the globe continue to serve as a source of unease for investors, further bolstering the demand for safe-haven assets like gold. Additionally, robust demand for physical gold from major consumers like China and India is providing additional support to prices. Mixed Signals from the US Economy The US economic picture remains somewhat unclear. While recent data suggests a potential slowdown, inflation concerns haven't entirely abated. The Fed has indicated its commitment to bringing inflation under control, leaving investors to navigate a complex economic environment. Gold's Long-Term Prospects The future trajectory of gold prices hinges heavily on the decisions of the Federal Reserve. If the Fed does indeed pivot towards rate cuts, gold prices could continue their upward climb. However, if inflation remains stubbornly high, the Fed may need to maintain its hawkish stance, potentially putting downward pressure on gold. Investor Considerations The current market situation presents both opportunities and challenges for investors. The potential for a Fed policy shift makes gold an attractive proposition. However, the uncertainty surrounding the US economy and future inflation levels necessitates careful consideration before investing. Diversification is Key Gold can be a valuable addition to a diversified investment portfolio. However, it's crucial not to overexpose oneself to a single asset class. Investors should consider their risk tolerance and overall investment goals when deciding whether to invest in gold. Conclusion Gold's recent surge highlights its enduring appeal as a safe-haven asset. With the Fed's policy decisions looming large, gold prices are likely to remain in focus in the coming months. Whether it continues its record-breaking rally or experiences a correction depends heavily on the trajectory of the US economy and the Federal Reserve's response.
OANDA:XAUUSDLong
by bryandowningqln
GOLD The scenario of creating a new peak is very closeRegarding developments and results last week: The international gold market received a lot of economic information from major economies such as the US, China, and Europe. In particular, the US releases producer price index data. (PPI) and consumer price index (CPI) April 2024. Looking at gold's volatility and fluctuation range this week, it is predicted that this precious metal will return to record highs sooner than expected. Conclusion about gold and trend: I am optimistic about gold next week. The USD is losing a bit of value along with Treasury bond yields also falling. Additionally, technically based on tests last month and to date, there are signs of acceptance above the $2400 price point. This opens the door to a possible increase to $2,500. Overall, gold confirmed a trend change above the $2400 level which buyers actively defended on the basis of a bullish wave materializing. It is likely that the market will try to change the trend. At this point, the realization phase will take shape. We await confirmation of a trend change for further strengthening. After gold moved above the EMA21 level it also achieved the target increases noticed by readers in last week's weekly edition at $2,400 and $2,417. Temporarily, gold is limited by resistance at $2,417 but bullish momentum remains strong with the RSI pointing up without reaching the overbought level. Gold's move above $2,417 will continue to push it toward an all-time high in the $2,430 area. Meanwhile, even if gold corrects downward, as long as it remains operating within the trend price channel ©, the short-term outlook is still bullish and price activity above EMA21 gives it more grounds to rise. More prices in the near future. In the coming week, the technical conditions of gold prices lean towards a bullish outlook and notable price levels will be listed as follows. Support: 2,400 – 2,397USD Resistance: 2,417 – 2,430USD
OANDA:XAUUSD
by TVS-Trader
GOLD - What is the current trend for gold ?World gold rate multiplied through 26 USD, placing a brand new file at 2,437 USD/ounce, at one factor accomplishing the very best degree of 2,439 USD/ounce. The purpose why gold fees multiplied past 2,four hundred USD/ounce become the declaration through US Federal Reserve Chairman Jerome Powell and monetary statistics confirming that hobby prices will now no longer boom anymore and the Fed might also additionally will quickly loosen financial coverage this year. Gold`s latest healing has additionally been pushed through robust call for from significant banks. According to latest reports, now no longer simplest China and Türkiye however additionally Middle Eastern nations are growing gold purchases. This week, the marketplace awaits critical statistics together with US present domestic sales, Open Market Committee (FOMC) mins from the April and May financial coverage meeting; S&P Flash production and offerings PMI; weekly unemployment claims; US new domestic sales; long lasting items orders.
TVC:GOLDLong
by TheLeader_WOLF
XAUUSD: 16/5 Today’s Analysis and StrategyGold technical analysis Daily resistance is 2400, support below is 2373-35 Four-hour resistance is 2400, support below is 2384-73 Gold operation advice: Yesterday, gold relied on the 2350 mark to continue the strong bullish fluctuations and rose, and finally broke through and surged. After the opening of the Asian and European markets, the bulls fluctuated upwards and strengthened. Before the US market, the gold price dipped for the second time and stabilized at the 2358 mark. Under the influence of bullish CPI data, the gold price quickly It surged above 2378 and suppressed the fall. Afterwards, the gold price dipped for the second time and stabilized again at the 2351 mark, ushering in a strong bullish straight-line breakthrough, and finally closed above 2390. The daily level continued to be strong, maintaining the unilateral upward rhythm of the bulls. Judging from the current trend, today's lower support will focus on the hourly top-bottom transition position around 2384-73. If you step back during the day, you will rely on this position to continue to follow the trend. The bullish trend remains unchanged. The strong dividing line for short-term bulls will focus on the 2373 mark. When the daily level stabilizes above this position, the strong bullish rising rhythm will still be maintained. The main focus is to continue to buy at low prices to participate after stepping back. BUY:2384near SL:2380 BUY:2373near SL:2370 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ