Get started

Xauusdlong

Up trend xauusd XAU/USD is currently showing signs of an uptrend, with the price rising from 2391 to 2401. This upward movement can be attributed to recent developments in crude oil inventories. As crude oil inventories impact market sentiment and risk appetite, investors are reacting by favoring gold as a safe-haven asset, thereby driving up the price of XAU/USD. Traders and analysts are closely monitoring these dynamics to make informed decisions in this bullish market environment.
OANDA:XAUUSDLong
by Khalifapatrick
Gold vs. Yen Carry Trade: A Shifting Paradigm For years, the yen carry trade has been a cornerstone of many investment portfolios. This strategy involves borrowing low-yielding Japanese yen to invest in higher-yielding assets, such as US Treasuries. However, a confluence of factors is making gold, represented by the XAU/USD pair, an increasingly attractive alternative. The Yen Carry Trade Under Pressure The yen carry trade has historically been a profitable strategy, fueled by Japan's ultra-low interest rate environment. However, recent developments have cast a shadow over its allure. • Rising Interest Rates: Global central banks, including the Federal Reserve, have embarked on a tightening cycle to combat inflation. This has narrowed the interest rate differential between the US and Japan, reducing the potential profit from the carry trade. • Yen Strength: The Japanese yen has shown unexpected resilience, countering the traditional trend of yen weakness. This is partly due to safe-haven flows as investors seek refuge from global economic uncertainties. • Geopolitical Risks: Increased geopolitical tensions can disrupt carry trades. A sudden shift in risk appetite can lead to rapid yen appreciation, erasing potential gains and incurring significant losses. The Allure of Gold In contrast, gold has emerged as a compelling investment option. • Safe-Haven Asset: Gold is often perceived as a safe-haven asset, providing a hedge against economic uncertainty, inflation, and geopolitical risks. As global economic conditions become increasingly volatile, investors may seek the security of gold. • Inflation Hedge: With inflation concerns persisting, gold has historically been seen as an effective inflation hedge. As the price of goods and services rises, the purchasing power of fiat currencies declines, making gold an attractive store of value. • Diversification Benefits: Gold can help diversify an investment portfolio. Its low correlation with traditional asset classes can reduce overall portfolio risk. • Central Bank Demand: Central banks have been net buyers of gold in recent years, supporting its price. This ongoing demand can provide a bullish undercurrent for the gold market. XAU/USD: A Closer Look The XAU/USD pair, representing the price of gold in US dollars, offers investors exposure to the gold market. • Dollar Dynamics: While gold is often seen as a safe-haven asset, the US dollar can also appreciate in times of uncertainty. Therefore, the performance of XAU/USD depends on the interplay between gold and the dollar. • Interest Rate Sensitivity: Gold is generally inversely correlated with interest rates. Rising interest rates can put downward pressure on gold prices, as investors may prefer higher-yielding bonds. However, this relationship is not always straightforward, and other factors can influence gold's price. Conclusion The decision to invest in gold or continue with the yen carry trade is a complex one, influenced by individual risk tolerance, investment horizon, and market outlook. While the yen carry trade has historically been a profitable strategy, the changing interest rate environment and geopolitical risks have increased its challenges. Gold, with its safe-haven appeal and inflation-hedging properties, offers a compelling alternative. Investors should carefully consider the potential benefits and risks of both options before making a decision. It's important to note that this article provides general information and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions.
OANDA:XAUUSDLong
by bryandowningqln
Can Gold Surpass Its Recent Highs? Expert Analysis Inside!Key Levels: Higher High (HH): Marked near the top at around 2460. Lower High (LH): Slightly lower high indicating a possible trend change. Support/Resistance Zones: Key support/resistance levels are identified on the chart. Lower Time Frame (LTF) Lower High: Indicated by a yellow line, suggesting a lower high on a smaller timeframe within the larger trend. Liquidity Zones (LQZ): Marked on the 4-hour, 1-hour, and daily timeframes indicating potential areas of liquidity. Market Structure: Shorter Time Frame Higher Low: A higher low is indicated on a smaller timeframe, suggesting potential bullish continuation. Barley Missed HH and then pushed down: Indicates a failure to achieve a higher high, followed by a downward movement. Support Rejection: The market rejects off support, suggesting a possible formation of a new higher low (HL). Observations: The market is reacting to support and resistance levels, showing signs of potential trend continuation or reversal. The presence of multiple liquidity zones suggests areas where price might seek liquidity, influencing future price movements.
OANDA:XAUUSDLong
by Adlercon333
4
Gold / XAUUSD Money Heist Plan in gold minesMy Dear Robbers / Traders, This is our master plan to Heist XAUUSD / GOLD mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on 2 plans. Our target is Green Zone for bearish market and red zone for Bullish Market that is High risk Dangerous level, market is Consolidation / Trend Reversal at the level Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High for Bearish Traders & Swing Low for Bullish traders using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
FXOPEN:XAUUSD
by Thief_Trader
sharp market sell-offtrying to find international gold rate index: it`s authentic that gold does not marvel us with a very good result, sweeping liquidity, making many hearts freeze, then returning, so the restoration segment makes many human beings not able to yawn, breathe oxygen. The mainstream fashion remains increasing, the sharks simply dance a bit bit. *) these days, August 6, 2024: we are able to wait to shop for in step with the fashion, these days gold has back to the proper factor to begin a sturdy growth to the 2500 mark, with the Fed's hobby charge reduce earlier than the emergency meeting, encouraging traders to shop for. - purchase immediately at modern-day rate - wait to shop for round the brand new 2406-2408 place with the subsequent targets: tp 1: 2422 tp 2: 2433 tp 3: 2445 => the marketplace continually surprises us, we should comply with the order principle (sl-prevent five prices), area in buying and selling, affordable access and exit. - desire all traders a success buying and selling and remarkable victory.
OANDA:XAUUSDLong
by TheLeader_WOLF
XAU/USD Imminent Longs from 2390 back upThis week’s analysis for gold reveals a compelling setup. We've observed a bearish reaction from the supply zone I previously identified. With a character change to the upside and a daily demand zone in place, this setup suggests a potential rally. If price reaches the 2-hour supply zone (Scenario B), I will look for a distribution pattern to consider short-term sells. However, we'll assess this as price progresses. Confluences for GOLD Buys: Character Change: Price has shifted to the upside, leaving a robust demand zone. Accumulation: Recent accumulation suggests readiness for a new rally. Trend Alignment: Gold remains bullish, reflecting the overall market trend. External Factors: Ongoing geopolitical events and news typically push gold higher. P.S. If price surpasses the supply zone, there is a strong likelihood that gold could reach new all-time highs and continue its upward trajectory.
OANDA:XAUUSDLong
by Hassan_fx
Gold prices can be long now. Yesterday, before the gold price closed, I suggested to continue going long on gold today. Today, the gold price market is in line with expectations again. At the same time, the market released a signal that is good for gold. The gold price hit the position near 2397 again. It has not yet broken through 2400. But Eddy believes that it is only a matter of time before it breaks through 2400. At present, the gold price remains around 2390. Short-term long positions can be carried out below 2386. Investors with sufficient funds can consider entering the market in advance. COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
TVC:GOLDLong
by Eddy_Wealth
XAU at the beginning of the week fluctuated too much⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price is up on Monday due to a weaker US dollar. The market is reacting to the recent dovish stance from the FOMC and softer US job report. This, along with low US Treasury bond yields and a weak US dollar, is supporting gold prices. Geopolitical tensions in the Middle East are also boosting gold as a safe-haven asset. Traders are watching the US ISM Services PMI on Monday for potential market moves. If the Services PMI improves as expected, it could strengthen the US dollar and limit gold's gains. ⭐️ Personal comments NOVA: The volatility at the beginning of the second week was amazing - fluctuating around the large border from 2415 - 2465. Still in the long-term Uptrend, waiting for important resistance and support areas to enter orders. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2419 - $2417 SL $2412 TP1: $2430 TP2: $2445 TP3: $2460 🔥SELL GOLD zone: $2479 - $2481 SL $2486 TP1: $2465 TP2: $2450 TP3: $2430 ⭐️ 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
12
XAUUSD – Gold looking to soar to new highs … the week of 05 Aug If you expect that every trade will be a winner, please move on. Don’t even bother to read this analysis. Moving on .. Gold has been a great performer this year, it was very recent that it made an ATH of 2483.68. It then pulled back (profit taking ??) but very quickly the bulls are back and attacking that level again. Gold looks strong especially since the Fed has signaled a rate cut in Sep. Another pullback looks likely to me and I expect price will find support either at the uptrend line or the 21 EMA. IMO we will break above the ATH and look for higher round numbers like 2500 and then 2600. If price moves higher without retracing, I will wait for the next small retracement to take a long. If price breaks below the trendline and continues to move in a bearish manner, that will negate my analysis. Overall, I am extremely bullish on this commodity and will not be surprised if we end up being in a long trade for an extended period of time. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
FX:XAUUSDLong
by Trading_Vista
xauusd:It will rise again next week!All the strategies I sent this week are profitable. Shorting gold after the release of NFP data today has made huge profits again. But I predict that gold will rise again after reaching the support position next week, because DXY will continue to fall, which will further drive gold up. If your current account is still facing losses or there are orders to be processed, you can leave me a message and I can help you solve it. I will send more accurate strategies in the future to help you make greater profits. Keep paying attention to me, there will be accurate signals every day!
TVC:GOLDLong
by Eddy_Wealth
XAUUSD / GOLD Mining Robbery Plan in Bullish SideMy Dear Robbers / Traders, This is our master plan to Heist XAUUSD / GOLD Mining Robbery Plan based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
VELOCITY:GOLDLong
by Thief_Trader
Make Easy Profits from Gold Trading Monday. xauusd Today is Monday. August 5, 2024. Gold has been sweeping the market since the opening. There are huge fluctuations up and down. The trading risk is very high. But looking at the data and analysis, you can see that the fluctuation range of gold is in the resistance price area. The price is not out of control. So when we face huge fluctuations, what we need to do is to distinguish the transactions: I will give you a few recommended trading areas: Gold sell signal range: 1/xauusd sell 2461-2465 (the possible price ceiling today. It may not be touched) 2/xauusd sell 2477-2474 (the highest price of gold last week) In fact, there are many better entry and selling price ranges, but I don’t think it is suitable for novices, so I won’t recommend it. Gold buy signal range: 1/xauusd buy 2418-2420 2/xauusd buy 2408-2410 3/xauusd buy 2390-2393 Trade according to the signal, you will not lose. Most of the time you will win profits. I wish you all a smooth trading. Gold is still in the sweeping period, so I hope everyone will take a good stop loss transaction. I update the profitable signals every day. If you make a profit according to my signals, please give me a thumbs up and join me. Thank you
FX:XAUUSDShort
by MaudEvans
Gold is heading to 2340 zone(8/5/2024)in our last analysis, we predicted the gold move correctly, the price overlapped the 2450$ and moved back quickly even though the weak NFP data couldn't make significant changes. after the NFP data, the market made a bearish candle and for now is aiming for lower prices. For now, we are expecting the price to move in the C wave. In this case, the final wave will be around the 2340 area. If you like it, then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
OANDA:XAUUSDShort
by fortunamarkets
Gold price in uptrend !! Still expecting ATH✍️ NOVA hello everyone, Let's comment on gold price next week from 8/5 - 8/9/2024 🔥 World situation: Gold prices are under pressure after hitting a two-week high of $2,477 earlier during the North American session. Data showed that the US jobs market feels the effects of higher borrowing costs set by the Federal Reserve as the number of Americans applying for work dipped. This bolstered the golden metal, which rallied over 1% before retreating. The XAU/USD trades at $2,430, down 0.60%. Wall Street’s trade with substantial losses, as most equity indices plunged at least 2.20% after the US Bureau of Labor Statistics (BLS) revealed that July’s Nonfarm Payrolls (NFP) figures missed the mark, while June data was revised downward. 🔥 Identify: The H4 uptrend is still quite clear, the trendline is beautiful for new growth, there are still many factors that help Gold reach a new ATH in the near future, typically the FED may cut interest rates in September 2024. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2478, $2502, $2530 Support : $2420, $2372, $2354 🔥 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
3
Weekly Bias Is Still Strong Bullish 2500 Is A Easy Target?As I Can See Gold Has Break The Weekly Resistance Zone Last Week By Close The Weekly Candle Above The Weekly Resistance While NFP News Release. After The News Release Gold Had Strong Volatile Move Up And Couldn't Breck 2475 - 2478 Zone. But Hunt Back All The Buy Side Liquidity By A Strong Move Down Side 660+ Pips Crazy Move. i Think No One Would Expect that Move With NFP Data. Because NFP Data Was Negative For USD. 😅 So This Is My Weekly Bias Not Forecast. Wait For Next Update.
EIGHTCAP:XAUUSDLong
by Mr_Scalper_117