Get started

Futures market

Gold Spot / U.S. DollarFundamental and Technical Analysis of Gold 1. Introduction Hello and respect to all you dear traders. Today, I am proud to present a special analysis that can significantly impact your investment decisions. 2. Current Economic Situation 2.1. Impact of President Trump's Statements: Given the current market conditions and recent remarks by President Trump about various economic promises, we are witnessing an increased interest from major investors in investing in innovative projects. 2.2. U.S. Economic Data: Economic data from the United States, including employment reports and inflation rates, has had a significant impact on the gold market. The anticipated rise in interest rates by the Federal Reserve, due to strong economic indicators, has clearly pressured gold prices. 3. Gold Price Predictions 3.1. Analysts' Opinions: Analysts from institutions like Goldman Sachs and ABN AMRO predict that gold prices may fall below $1,800 per ounce in response to strong economic signals and rising interest rates. These insights highlight the sensitivity of gold prices to changes in monetary policy. 4. Reasons for Gold Selling 4.1. Need for Liquidity for New Projects: Many major investors are selling their gold to generate the necessary liquidity for the execution of new projects and construction of factories. This trend could significantly influence supply and price levels. 4.2. Increasing Supply in the Market: According to chart analysis, there is a notable increase in the volume of gold being offered, which could lead to price reductions and create trading opportunities. 5. Technical Analysis 5.1. Chart Review: The analysis of charts indicates an ongoing increase in gold supply. Key levels and significant ranges have been identified for traders that can assist in their trading decisions. 5.2. Trading Strategies: My recommendation is to maintain your sell orders until the specified ranges in the charts. Be mindful that any price increase may present an excellent opportunity to enter a profitable trade. Therefore, I urge you to make your decisions with greater care and avoid rushing into the market. 6. Conclusion and Recommendations In conclusion, the current state of the gold market is influenced by economic factors and macroeconomic decisions. The opinions of researchers and established analysts, along with the prevailing supply and demand conditions in the market, will have significant implications for gold prices. Thank you very much for your partnership and trust. I hope we can achieve more success together. Fereydoon Bahrami "A retail trader in the Wall Street trading center (Forex)."
OANDA:XAUUSDShort
by fereydoon1199
GOLD stable, pay attention to data and upcoming eventsOn the Asian market on Tuesday (December 17), OANDA:XAUUSD Spot delivery is basically stable, gold price is currently around 2,651 USD/ounce and there are almost no significant fluctuations. In the coming days, the Federal Reserve, Bank of England and Bank of Japan will hold monetary policy meetings to decide on interest rates, while also hinting at what 2025 might hold. The Fed is expected to cut base interest rates by 25 basis points. The change has long been priced in, meaning the focus will be on the Summary of Economic Projections (SEP), or Dotplot chart, in which policymakers detail their expectations on inflation, growth, interest rates and employment. These will have a significant impact on the US Dollar. CME's "Fed Tracker" shows traders see a 95.4% chance the Fed will cut interest rates by 25 basis points on Wednesday. Today (Tuesday), the US Census Bureau will release retail sales data for November, which is expected to trigger market volatility during this trading day. Surveys show U.S. retail sales are expected to rise 0.5% monthly in November, after rising 0.4% in October. US retail sales data typically has a greater impact on financial markets, potentially influencing the trend of assets such as the US dollar and gold. If US retail sales data is stronger than expected, the US Dollar could strengthen, thus pushing gold prices back down; On the other hand, a weaker-than-expected retail sales report will stimulate a recovery in gold prices. In addition, on the same day, the NAHB home price index in the US will be announced for December, which is expected to increase slightly to 47 from the previous value of 46. In terms of technical structure, not much has changed so readers can review the previous weekly publication linked below. In the coming time, the technical chart of gold prices will be noticed by some notable patterns as follows. Support: 2,644 – 2,634USD Resistance: 2,663 – 2,676 – 2,693USD SELL XAUUSD PRICE 2680 - 2678⚡️ ↠↠ Stoploss 2684 →Take Profit 1 2673 ↨ →Take Profit 2 2668 BUY XAUUSD PRICE 2621 - 2623⚡️ ↠↠ Stoploss 2617 →Take Profit 1 2628 ↨ →Take Profit 2 2633
OANDA:XAUUSD
by Xayah_trading
XAUUSD TECHNICAL ANALYSIS (READ CAPTION)hello my fellow traders. what do you think about this chart. comment your opinion in the comment session. current price: 2658 today a temporary bullish retracement is possible as market could not breakout w1 candle. but market is still in its liquidity zone. if market pull backs from 2668 and 2675 then its next target will be 2635 which is our demand zone. key points: 2668. 2675 demand zone: 2643. 2632 like comment and thank you for support
TVC:GOLDShort
by LindaFxTrading