XAUUSD:15/3 Today’s Analysis and StrategyThe final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%.
The rise in energy prices is the main reason for the rise in February's PPI data. Combined with Tuesday's CPI data, it is not able to support the Federal Reserve's implementation of interest rate cuts at the next meeting. Judging from the data, the target of inflation falling back to 2% is still far away.
Affected by the data, the price of gold rose first and then fell yesterday, and then rose again to recover the decline. The intraday low hit below $2,153, and was supported again near the previous low of $2,150. The final price closed at $2,162. In the short term, the support below $2,150 is effective.
Gold technical analysis
Daily resistance is 2184, support below is 2124-00
Four-hour resistance is 2200, support below is 2167-53
Gold operation suggestions:
Judging from the daily and four-hour analysis, today's support below will focus on around 2150. During the day's decline, rely on this position to continue to go long. The short-term pressure above will focus on around 2184, the strong resistance will be 2195, and the short-term bullish strong dividing line will focus on 2150.
SELL:2195~2200
BUY:2148~2153
Technical analysis only provides trading direction!
Goldtradingsetup
Gold real-time trading analysis
On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155.
Based on current gold trends, gold prices will continue to rise.
It is predicted that the price of gold will rise to around $2,160 and then fall.
Always pay attention to my signals to make the right choice from them.
It is recommended to go short in the short term: short around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
XAU/USD 08 March 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price had printed a swing BOS and subsequently a bullish iBOS.
Swing range confirmed.
Price has now printed a bearish iBOS to confirm swing pullback has initiated and is underway.
Scenario 2 played out from previous analysis whereby it was mentioned price could target internal low as all HTF's are requiring a pullback.
Intraday expectation is for price to continue bullish, react at either 50% EQ or H4 POI before targeting weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a further bearish iBOS which confirms comments made on 12 March 2024 that it would be useful to remember that all HTF's are requiring a pullback.
Pullback following bearish is underway .
Intraday expectation is for price to react at M15 POI, or 50% EQ before targeting weak internal low.
M15 Chart:
Gold maintains downtrend, continues to sell on reboundAfter repeated shocks, the price of gold began to show a weak situation. The key support level of 2150 has been tested for the third time, while the high points above are constantly pressing downwards. The triangle shock situation is nearing the end! I believe it is not difficult to fall below 2150 within the day, so I think it can be sold directly now! The target is gradually looking towards 2140-2130!
Technical analysis shows that the recent trend of gold prices is mostly running below the moving average dead cross, showing a weak short-term pattern. At this stage, the moving average pressure is at the 2161 line, while the upper trend line pressure is at 2168. The upper side is facing dual pressure levels, and The bottom only faces the support of 2150, so the situation only needs a little stimulation to achieve a breakthrough!
Wait for gold to rebound and sell todayThe price of gold has fallen below the trend line and stabilized, and its trend has entered the stage of adjustment. However, it is unknown where the adjustment will be, but what is certain is that the rising momentum has temporarily come to an end, and the next operation will turn to high selling. The main idea is that when the gold price rebounds to around 2170, you can boldly sell!
Technical feedback shows that the current one-hour trend has fallen below the support of the moving average and trend line. The upper moving average dead cross pressure is at 2170. At the same time, the gold price has fallen below the Fibonacci 0.236 support level of 2155, which means further support. Will look towards the 2130 line, which is the 0.382 retracement! At present, there is still a large profit margin below, and grasping the rhythm of the market is the only way to keep up with the rhythm of making money!
Gold Trading Analysis·Trends
Spot gold fell below $2,150 per ounce for the first time since March 7, down 0.28% on the day.
Now the price of gold is under pressure from above around $2,147, showing a downward trend.
What needs to be noted is whether the price of gold can fall below the $2,140 line.
If it receives strong support below at $2,140, the price of gold will rebound. If it falls below the $2,140 line, you need to watch $2,130 below.
Therefore, I think a safer trade is to wait for the gold price to receive support from below, and then go long at a low price.
Recommendation: Go long when gold is around $2,140
TP: $2150
SL: $2130
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Gold price rebounds to near the downtrend line, sell highThe price of gold fell yesterday and encountered the first-line support level of 2150. It rebounded in the short-term and rose, but the downward trend still did not break through. The short-term trend in one hour was bearish, and the upper pressure was around 2170. I am willing to sell within the day! Today the gold price will fall below the 2150 mark and head towards 2140 or even lower!
In general, it is still in the downward stage of shock. When it rebounds to near the trend line, it can be sold. The target can first see yesterday's support at 2050.
Good luck to everyone
Real-time gold trading analysis
Gold prices fell to $2,155 before bottoming out.
At this time, the one-year inflation rate forecast for the United States in March was released in the United States.
Predicted value 3.10%
Published value 3%
Preliminary value of the University of Michigan consumer confidence index in March
Predicted value 76.9
Published value 76.5
The data is very bullish for gold. As I said, there is strong support below gold, so it is a very wise choice to go long at low prices.
Now the gold price is supported below at $2,158, making it difficult to continue falling. It then turned to an upward trend, confirming my previous prediction.
Therefore, I prefer to go long at the low price of around $2160.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Today's gold trading analysis
The price of gold fell to around US$2,154 yesterday and was supported by the bottom, and then rose to around US$2,160, showing a volatile trend.
Today, the price of gold is under pressure from above around $2,170, showing a volatile trend.
It should be noted that the price of gold today is above US$2,170 and is above US$2,180.
What you need to pay attention to is whether the gold price can break through when it reaches the $2,180 line.
At the bottom, we need to pay attention to the position of $2153-2150.
Therefore, I think a safer trade is to wait for the gold price to encounter resistance from above, then it would be a better choice to go short at a high price, or to go long at a low price.
My suggestion is to go short between the high price of $2176-2179.
If the price of gold falls to fluctuate around 2160, go long at a low price.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Out look on gold. Gold prices surged in the latest week's trading, driven by a weakening US dollar index and declining US bond yields. Analyzing the 4-hour timeframe reveals a flag pattern formation, reminiscent of one identified in Bitcoin on March 3rd prior to its all-time highs. Currently, gold is consolidating between 2174 and 2153, presenting an opportunity for a breakout in either direction. However, there's a long-term bullish outlook on gold, with a personal inclination towards buying around 2152, targeting the flag trendline and underlying support. The initial take profit (TP) is set at 2174, with the necessity for a sustained break and stability above this level to indicate further upward momentum. Given the flag pattern's characteristics, it's speculated that gold's peak has yet to be reached.
XAUUSD: 11/3 Today’s Market Analysis and StrategyGold maintained its rebound on Monday, with gold prices currently sitting around $2,180. Gold gained bullish momentum last week, hitting a new all-time high above $2,190, driven by falling U.S. Treasury yields and broad-based selling pressure in the U.S. dollar. Spot gold remains technically overbought ahead of key U.S. inflation data this week.
Data on rising U.S. unemployment has boosted expectations that the Federal Reserve may soon begin cutting interest rates. The dollar index fell 1.1% last week, hitting its lowest level since January 15 at 102.32, making gold cheaper for overseas buyers, while 10-year U.S. Treasury yields fell to more than a month low.
Starting last Tuesday, gold started a streak of record-setting trends, surpassing its December peak, mainly due to growing signs that price pressures are cooling down, as well as gold's traditional safe-haven appeal. In addition, central banks of various countries continue to rapidly increase their gold holdings, which also provides support for gold prices. Overall, the outlook for gold remains generally bullish, driven by a combination of expected lower interest rates, a weaker U.S. dollar and continued demand as a safe-haven asset.
Looking ahead to the week ahead, the biggest event risk for gold is the U.S. Consumer Price Index (CPI) report for February, which could create some selling pressure on the precious metal if inflation is higher than expected. Gold is overbought in the short term, but long-term returns suggest there is more room for gold prices to rise.
Gold technical analysis
Daily resistance is 2200, support below is 2150-24
Four-hour resistance is 2200, support below is 2167-53
Gold operation suggestions:
Gold has been super strong recently, with the highest reaching the 2195 line, and the weekly closing of the positive line. The bulls not only set a new historical high, but also set the largest unilateral increase in a single week in recent years. There is no doubt about the bullish trend. This week's major trend We continue to be bullish, but Friday's big pullback shows that the bulls have begun their final struggle. There is no unilateral rise, and there are still short-term opportunities for decline.
Today, the short-term support at the bottom will focus on the four-hour 2167 area. During the day, the support will rely on this position to continue to be bullish. The short-term pressure at the top is in the 2190-95 area.
BUY:2165~2070
BUY:2147~2054
SELL:2194~2200
XAUUSD:12/3 Today’s Analysis and StrategyGold fluctuated within a narrow range on Tuesday and is currently trading around $2,177. After trading slightly higher on Monday, prices remain near all-time highs after last week's record gains, as traders await U.S. inflation data that could provide more clarity on the Federal Reserve's interest rate trajectory.
U.S. CPI data for February will be released today. U.S. CPI in February is expected to increase by 0.3% to 0.4% month-on-month, with a year-on-year increase of 3.1% unchanged. Core CPI is expected to drop from 0.4% to 0.3% month-on-month and from 3.9% to 3.7% year-on-year.
Last week, Powell indicated that the Fed would eventually begin to ease policy, but stressed that the central bank still relies on data. Although the Fed chairman said the central bank is confident that inflation is edging lower, they are in no rush to cut borrowing costs. Low interest rates help gold prices rise because they reduce the opportunity cost of holding zero-yielding gold.
Physical gold demand in many countries is expected to remain relatively strong this year, and net positive demand from multiple central banks appears to be continuing into this year, with multiple central banks adding 39 tons of gold in January.
Gold technical analysis
Daily resistance is 2200, support below is 2150-24
Four-hour resistance is 2200, support below is 2167-53
Gold operation suggestions:
Today, the lower support continues to focus on the vicinity of 2167, and the upper pressure is in the 2190-95 area. The short-term price stabilizes above 2150, and bulls are still strong.
BUY:2167near
BUY:2153near
BUY:2124near
Real time gold analysis
According to the current trend of gold, the price of gold has now dropped to $2158. Pay attention to my signals at any time to make the right choice from it.
Gold price predicted to rise
It is recommended to go long in the short term: go long around $2160
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Today's gold price analysis
The price of gold fluctuated after falling to around US$2,158 yesterday, and then fell when it rose to around US$2,179 and then fell under resistance from above. This is consistent with my prediction and analysis yesterday.
Today's gold price is under support at $2168 and has a tendency to bottom out, but there will also be resistance from above. Therefore, I think a safer trade is to wait for the gold price to receive resistance from above, and then shorting at a high price would be a better choice.
What needs to be noted is whether the gold price can break through when it reaches the $2,180 line.
If it fails to continue rising, my suggestion is to go short between the high price of $2176-2178.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
XAU/USD 14 March 2024 Intraday AnalysisH4 Analysis:
Analysis/bias remains unchanged from yesterday's 13/03/2024) analysis
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a swing BOS and subsequently a bullish iBOS.
Bearish CHoCH has been printed.
We are now trading within an internal range.
As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not confirmation that bearish pullback is underway, will indicate pullback initiation has now been printed.
Bearish iBOS will provide confirmation that pullback is underway.
Due to the bullish nature of the market, Intraday expectation is for price to target internal high, however, all HTF's are indicating the need for a pullback, therefore, a second potential scenario could be price targeting internal low to confirm pullback is now underway.
H4 Chart:
M15 Analysis:
Analysis/bias remains unchanged from yesterday's 13/03/2024) analysis
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish iBOS which confirms my comments yesterday (12/03/2024) that it would be useful to remember that all HTF's are requiring a pullback.
Intraday expectation is for price to continue bullish, react at M15 POI or 50% EQ before targeting weak internal low.
M15 Chart:
Gold update Gold prices are declining as traders anticipate the release of crucial US data. Notably, the price rebounded from a support level, forming a triangle pattern and exhibiting an inside bar formation on the daily timeframe. This suggests continued ranging behavior, potentially fueled by bullish momentum. I anticipate further sideways movement and will consider entering a buy position in the 2164 - 2163 range, targeting a retest of the recent resistance zone around 2181.
Gold prices may fall back today after rising higher
After bottoming out after falling to $2,150 yesterday, the price of gold was affected by the release of the monthly short-term energy outlook report by the U.S. EIA. The price of gold hit a maximum of $2,180 today, encountering resistance from above.
At this time, the 10-year Treasury bond bidding multiples and bidding interest rate data published in the United States on March 12 were very negative for gold. At this time, the price of gold encountered huge resistance from above around $2,180, and it was difficult to break through.
So I think gold prices will fall back when they reach the resistance level of $2,180 above.
Therefore, I recommend going short at $2177-2179.
I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Gold is sold short term. A must see. Additional operating instru
CAPITALCOM:GOLD NCDEX:GOLD MCX:GOLD1! TVC:GOLD FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD ACTIVTRADES:GOLD VELOCITY:GOLD
It's time for the U.S. market to open. Review yesterday’s XAUUSD predictions and transactions. Completely suitable. There was no news support today, and gold had some slight rebound. But the market is currently relatively weak. I believe many people have seen that gold has been trading sideways at 2160 for a long time. It proves that the pressure above is still too high. When there is no influence of dominant news, then technical indicators can be used as a good reference. Combined with the hourly candle chart, a small pressure position is currently formed at 2165. Combined with the pressure brought by the track above the BOLL. The three tracks showed almost flat and normal fluctuations. So I think this position is a sell. Then the probability of making money is relatively high.
The operation is mainly selling gold.
2164-2167 are mainly selling. tp2154. sl2176
Personal operation is for reference only. If followed copy signal. Remember to stay tuned for verification.
XAU/USD 13 March 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a swing BOS and subsequently a bullish iBOS.
Bearish CHoCH has been printed.
We are now trading within an internal range.
As mentioned 11/03/2024, bearish CHoCH, which is the first structural indication, but not confirmation that bearish pullback is underway, will indicate pullback initiation has now been printed.
Bearish iBOS will provide confirmation that pullback is underway.
Due to the bullish nature of the market, Intraday expectation is for price to target internal high, however, all HTF's are indicating the need for a pullback, therefore, a second potential scenario could be price targeting internal low to confirm pullback is now underway.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bearish iBOS which confirms my comments yesterday (12/03/2024) that it would be useful to remember that all HTF's are requiring a pullback.
Intraday expectation is for price to continue bullish, react at M15 POI or 50% EQ before targeting weak internal low.
M15 Chart:
Gold prices will bottom out and rebound
According to the current gold trend, the gold price now forms a resistance level at 2154-2155. At this stage, the gold price reaches the bottom of 2154 and rebounds. Only by paying attention to my signals at any time can you make the right choice.
Gold price predicted to rise
It is recommended to go long in the short term: go long around $2155-2156
I will share trading strategies and trading ideas every day.
For those who want to make easy profits, follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
Gold trend analysis or bearish
Friends, under the influence of the negative CPI data, gold fell sharply as I expected, and once fell below the 2160 position. According to the current trend pattern, the gold pattern is developing in the short direction, while the bull pattern is no longer strong. Therefore, in this kind of market, we must pay special attention to the trading rhythm. Relatively speaking, I prefer to wait for gold to rebound to the 2170-2175 area before continuing to short gold.
I will share trading strategies and trading ideas every day. Listen to my signal and advocate seeking victory in stability and not making rash advances.
For those who want to make easy profits, follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
XAUUSD (GOLD) I Let the price come down before going longWelcome back! Let me know your thoughts in the comments!
** GOLD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!