Gold Flying (Read Caption)Gold price remains depressed for the third successive day and drops to over one-week trough. Expectations that the Fed will keep rates higher for longer continue to undermine the XAU/USD.
Goldshort
GOLD possible short for 21282nd weekly bar of March 2024 is inside bar confined within the range of the previous bar. need to break down 2151 to breach last weekly bar low indication for weakness continuation ahead. supply zone for short is 2167-72, stop loss: 2174, target: 2128.
The decline continued at the beginning of the Golden WeekLast Friday, it was prompted to short gold at 2149, which is getting closer and closer to the target level of 2145. The position is making a huge profit. If there is a rebound, you can continue to short, but you cannot go short directly. For those who have made huge profits, they can wait until the 2145 target level is reached and then exit the market with profits.
If you are not confident in your trading, you can refer to my advice. You can also follow me and enter my channel
Gold: EQUAL LOWS brokenGold has respected my analysis. I did say that the EQUAL LOWS at the 2153 level need to be broken. Price has done exactly that.
Price action is king!!!
Gold short Gold retreated marginally from all-time highs as US T-bond yields edged higher. Near-term technical outlook shows XAU/USD is still overbought. The Fed will announce policy decisions and publish the dot plot this week.
On the flip side, the $2,178-2,180 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will be seen as a fresh trigger for bullish traders and set the stage for the resumption of a well-established uptrend witnessed since the beginning of this month. Confirm signal
Gold now buy 2155
Target 2160
Target.2165
Target 2170
Target 2180
Target 2190
SL 2135
friday's position'slast day of the week we made almost 190 pips from two short position from golden area 2166
GOLD START OF A BEARISH RUN!?This week, I'm eyeing shorting opportunities in Gold. After witnessing strong bearish momentum last week, I anticipate further downward movement to breach nearby lows, which are acting as liquidity points. Additionally, I've identified two nearby supply zones from which I expect price reactions.
I'll exercise patience as I wait for price to test the lows and subsequently retest the supply zones. Once I receive confirmation on lower time frames, I'll consider initiating sell positions to potentially ride this emerging temporary trend in the coming weeks.
My confluences for GOLD sells are as follows:
- Gold has lots of imbalances below that need to be filled from previous rally.
- Lots of liquidity to the downside in the form of trend line and asian lows.
- Two nice supply zones left near current price that we can potentially sell from.
- In order for price to continue bullish price must retrace back down.
P.S. In the case of gold, there's abundant liquidity on both sides, particularly with numerous Asian highs yet to be taken out. It wouldn't be surprising if price consolidates until Wednesday, when we anticipate the FOMC to significantly impact market movements.
Have a great trading week everyone!
Gold made huge profits from short selling last week, next week?
We basically focused on shorting gold last week. The rebound is to give short selling opportunities. Although gold rebounded during the process, it eventually shot up and fell back. When gold shot up and fell back at a high level, it was a bull market. The gold 1-hour moving average is about to enter. If gold rebounds near 2165 next week, it will be the moving average resistance, and the trend line will suppress near 2167. If gold rebounds near 2165 next week, we can continue to short. Judging from last week's closing price, there are signs of further adjustments at the beginning of the Golden Week. Friends who have not entered the market can just prepare for it.
It is often more reasonable to follow a good trading signal than to trade randomly on your own.Hope it helps you.
Gold next week analysis Description
Whats up dear friends in the next week's gold analysis we can expect to a breakout in the zone which is 2175-2150 if there is no breakout then we go long till 2200 let's see have a great day and good luck
The bearish stance on gold remains unchanged. We hold 2169 short
Gold is still volatile today. I placed a short order at 2169. In the short term at night, just continue to hold 2169 short. The stop loss remains unchanged at 2178. Wait for the decline. Let’s first look at the 2145 line.
Gold 2169 continues to be short, let’s look at 2145 first
Don’t be afraid of gold’s rebound. The rebound is for better short positions. Hold the 2180 line. We firmly watch the decline.
The four-hour line is still close to the moving average. The high point is still lowering. The slope is obviously downward. At the same time, the moving average has obviously turned downward. We need to be patient and wait for the market to adjust. Let’s continue to look at the 2145 line.
Trading strategy: short gold 2169, stop loss 2178, target 2100, 2145
GOLD BUY CONFIRM SIGNALGold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold price is consolidating weekly losses near $2,160 early Friday, as risk sentiment remains sour and keeps the US Dollar underpinned. XAU/USD traders remain wary and refrain from placing fresh positional bets, as the focus shifts to next week’s US Federal Reserve monetary policy announcements
As observed on the daily timeframe, Gold price has charted a potential Bull Pennant formation, with a daily closing above the falling trendline resistance at $2,174 to confirm the bullish continuation pattern.
The doors would then open up again for a test of the record high at $2,195 on acceptance above Tuesday’s high of $2,185. The next key upside targets are seen at the $2,200 threshold and the $2,250 psychological level.
GOLD NOW BUY 2167
TP1 2171
TP2 2175
TP3 2195
SL 2150
GOLD BUY Gold lost its traction and declined toward $2,160 in the early American session on Thursday. The benchmark 10-year US Treasury bond yield is up more than 0.5% on the day above 4.2% after producer inflation and Retail Sales data from the US, weighing on XAU/USD
From a technical perspective, any subsequent move up is more likely to confront some resistance near the $2,195 region, or the record peak touched last Friday. Some follow-through buying beyond the $2,200 mark will push the Gold price to uncharted territory and be seen as a fresh trigger for bulls, setting the stage for an extension of the recent blowout rally witnessed over the past two weeks or so.
On the flip side, the $2,155-2,150 area now seems to protect the immediate downside, below which the Gold price could slide to the next relevant support near the $2,128-2,127 zone. The corrective decline could extend further towards the $2,100 round figure, which should act as a strong base for the XAU/USD. A convincing break below might prompt some technical selling and pave the way for deeper losses.
GOLD NOW BUY 2163
TP1 2167
TP2 2171
TP3 2195
SL2150
GOLD-CPI changes upward trend
U.S. consumer prices rose sharply in February, indicating that inflation is somewhat sticky. Data showed that the consumer price index (CPI) in February increased by 0.4% from the previous month and 3.2% from the same period last year, higher than the expected 3.1%. This further reduces the possibility of the Federal Reserve cutting interest rates before June. The market is now focused on the Federal Reserve interest rate decision on March 19. However, in this interest rate decision, the Fed is unlikely to cut interest rates. There is a high probability that the current interest rates will remain unchanged.
Yesterday, CPI changed the upward trend of gold. It can be seen that 2195 is the top of this cycle. Under the downward trend, gold can wait for the resistance point to sell.
The support of the 10-day moving average of the daily cycle is now 2135. On Wednesday, we need to observe Tuesday's low of 2150 and the strength of the support of 2135. In the H4 cycle, you need to wait for it to fall below 2150, pull the Bollinger Band open, and make it open, in order to confirm that gold has begun a downward trend.
If you don’t know how to trade, join me, learn with me, and improve the success rate of trading profits
GOLD ShortIf the candle (1 day) closes below the last one, I believe it will go down.
Hit me up if you agree with me
Today's position on goldWe made almost 260 pips from our golden area on wmp after that yesterdays off position and being no trade an not touching our area
CPI IS GOLD BUY CONFIRM SIGNAL Gold Price: Current Pricing, Prices Chart & Rate Graph
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold price keeps the red below $2,180 level, downside seems limited ahead of US CPI
Gold price meets with some supply and snaps a nine-day winning streak to a record peak. The downtick could be attributed to some profit-taking ahead of the crucial US CPI report.
From a technical perspective, the Relative Strength Index (RSI) on the daily chart is flashing extremely overbought conditions and prompting some profit-taking. The near-term bias, however, still favours bullish traders in the wake of last week's break through the previous record high, around the $2,144 area. The latter should now act as a key pivotal point, which if broken decisively could drag the Gold price towards the $2,125 intermediate support en route to the $2,100 round figure.
GOLD NOW BUY 2177
TP1 2185
TP2 2190
TP3 2200
TP4 2210
SL 2160
Sideway waits for economic data this week ! XAU⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) is consolidating its recent rally to the $2,200 neighborhood, reaching a fresh record high on Friday. The spike in the US unemployment rate has increased expectations for interest rate cuts by the Federal Reserve (Fed). As a result, US Treasury bond yields remain low, hindering the US Dollar's recovery and providing support for gold.
⭐️ Personal comments NOVA:
Gold price continues its upward trend to create a new peak, Monday trading session shows signs of sideway accumulation waiting for important data during the week, expecting corrections DOWN
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2157 - $2155 SL $2150
TP1: $2162
TP2: $2170
TP3: $2180
Maybe scalping BUY zone $2162 - $2164
🔥SELL GOLD zone: $2198 - $2200 SL $2205
TP1: $2190
TP2: $2180
TP3: $2170
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GOLD TIME TO RETRACE !!!HELLO TRADERS
As I can see GOLD is now trading ATH tested 2194$ I am expected a reversal from this zone till design TP Friends DXY already has reached @ Stong Support Zone on Friday and holding above support levels NFP data show a strong number on Friday this week CPI and Inflation Data can move $ Friends it's Just and trade idea with a very small risk & reward Please Share your ideas with us on GOLD it helps many other traders
STAY TUNED!!
For more updates
GOLD BUY Gold Price: Current Pricing, Prices Chart & Rate Graph
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It’s traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
GOLD NOW BUY 2173
TP1 2177
TP2 2181
TP3 2200
SL 2163
DeGRAM | GOLD structure resistanceGOLD is currently testing the weekly structure resistance level.
It's approaching the kill zone, where we have major structure resistance and fibo extension levels of 161.80%.
The market created a divergence and price deceleration on the hourly chart.
We expect a pullback from this resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Unlocking the Potential of Gold: A Timeless InvestmentGold, revered for centuries, continues to captivate investors with its enduring allure and stability in uncertain times.
As a tangible asset, gold serves as a hedge against inflation and economic volatility, offering a secure store of value in diverse investment portfolios.
Beyond its monetary worth, gold holds cultural and historical significance, symbolizing wealth, prestige, and prosperity across civilizations.
In today's digital age, innovative platforms facilitate seamless access to gold investments, democratizing its appeal among a wide range of investors.
Amidst evolving financial landscapes, gold remains a timeless investment choice, promising both stability and potential for growth in the ever-changing world of finance.
What is GOLD next target: 2190 or 2112? Check today's analysis📣 Hello Mates!
We can see that our gold buy target has been completed, and now gold is overbought.
Our prediction is that gold will sell from the $2159.00 or $2169.00 area. After that, our sell targets are $2132.00 and $2112.00
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our Resistance Levels are spotted at:
- 2160
- 2170
📉 And our Support Levels are set at:
- 2135
- 2110
Stay tuned for further updates and trade smartly! 📊
