Xauusd up 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 2180
Tp 2185
Tp 2190
Tp 2200
SL 2170
Goldtrend
GOLD - at his today resistance area? holding or not?#GOLD.. well guys market very well hold your supporting areas and boucned back.
now upside we have 2168 as today important resistance area.
if market hold it then it will leads you towards again supporting zone,
keep close it because it will play key role now.
if not hold then upside you have 2181 82 as next area,
good luck
trad wisely
XAUUSD ResistanceGold perform a strong bullish today, but it stop at 2088 resistance. This is important level for gold, because if this key level break up with one full candle at H4 timeframe, gold will reach $2149 as next bullish target. But if it failed, gold will back to support level around $2050
Gold trading strategy today March 7Currently, buyers are anticipating the employment file from the United States Department of Labor. According to facts launched via way of means of the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, non-public payrolls multiplied via way of means of 140,000 final month after growing via way of means of 111,000 in January. The file suggests that the marketplace US employment continues to be developing steadily.
In addition to hobby price expectations, specialists say that valuable metals also are supported via way of means of the call for of valuable banks. According to senior analyst Krishan Gopaul of the World Gold Council, final yr`s gold shopping for momentum is persevering with to increase into this yr. This professional predicts that 2024 will be any other growth yr for the yellow metallic after witnessing a pointy boom in extra gold call for in January from international locations that frequently purchase gold which includes China and Turkey. Ky, India…
With home gold costs persevering with to boom and global gold costs indexed at Kitco at 2,145.four USD/ounce
Non-Farm trading strategy, decrease then increase againWorld gold prices continued to increase with spot gold increasing by 14 USD to 2,159.4 USD/ounce. Gold futures last traded at 2,167.3 USD/ounce, up 9.1 USD compared to yesterday morning.
World prices of the yellow metal extended their rally to an all-time high on Thursday as comments from US Federal Reserve Chairman Jerome Powell at a congressional hearing further reinforced expectations. Expectations of loosening monetary policy this year.
At the hearing, Mr. Powell said it is possible that interest rates could be cut this year if the economy is not as expected and there is more evidence that inflation is falling sustainably. The Fed Chairman also emphasized that it will not be long before we see inflation moving towards the target level of 2%.
According to CME's Fedwatch tool, traders are pricing in a 72% chance of a rate cut in June, compared with about 63% on February 29.
Gold continues its upward trend, wait until it pulls back to buyThe gold bulls are gone forever and it will be difficult to turn back in the short term! The price of gold has once again set a new historical high. Judging from the current strength of the retracement, the price of gold has not yet reached the top. After a slight fall during the day, it will continue to rise. The operation layout is waiting for the price to fall back to around 2140 to buy. The current round of rise is bound to arrive. 2200 mark!
From a technical perspective, the lows of the shock are constantly moving up, and the lower moving averages are also diverging upwards, and the support has reached the 2136 line, which connects the recent lows to form an upward trend line support. The current effective support level of the trend line is exactly at 2140. On the front line, there is heavy resistance on the downside, but there is no pressure on the upside! Just buy boldly when it falls back!
Gold prices hit record highs !! XAU increase⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) has capitalized on its recent breakout momentum and reached a new record high, around the $2,152 range on Wednesday. This surge comes as there are expectations for an imminent change in the Federal Reserve's (Fed) policy stance. Fed Chair Jerome Powell's remarks have reinforced these expectations, stating that the central bank anticipates lowering its benchmark interest rate later this year. However, Minneapolis Fed President Neel Kashkari downplays speculations of a more aggressive easing of policies, providing some support for the US Dollar (USD) and preventing it from further declining to its lowest level since February. Consequently, this curbs additional gains for gold, especially considering the extreme overextension seen on the daily chart.
Simultaneously, any significant corrective decline in the price of gold appears unlikely due to ongoing geopolitical tensions. Furthermore, concerns regarding China's economic slowdown, as the second-largest economy globally, may continue to serve as a supportive factor for this safe-haven precious metal. Additionally, investors may choose to remain cautious ahead of Powell's second day of testimony before the Senate Banking Committee and the release of the highly anticipated US monthly employment data.
⭐️ Personal comments NOVA:
Gold price reached a record high price of over $2,160. The buying pressure is huge, the next target is $2180
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2134 - $2132 SL $2128
TP1: $2140
TP2: $2150
TP3: $2160
🔥SELL GOLD zone: $2180 - $2178 SL $2185
TP1: $2170
TP2: $2160
TP3: $2153
⭐️ 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
Xauusd confirm buy signal Gold prices hover around all-time peaks, looks at data, Powell
Prices of the ounce troy of the yellow metal maintains its consolidative mood near recent record tops around the $2,160 mark prior to US data releases as well as the second congressional testimony by Chair Powell.
Gold now buy 2153
Target 2180
SL 2140
How to trade accurately after gold surges?
Gold is very active in the Asian market and once reached a level of 2161. Just as I expected. Some small profits were made by buying low.
FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD CAPITALCOM:GOLD VELOCITY:GOLD
Yesterday at the Fed officials, gold was extremely volatile. But then the Bank of New York suddenly fell sharply by 41%, leading to a trading suspension, and the trend of regional wars caused gold to rise again.
ACTIVTRADES:GOLD MCX:GOLD1! NCDEX:GOLD TVC:GOLD
The current gold market price remains within a narrow range of 2153 to 2155. Combined with the current market sentiment, the probability of gold rising to a new high again is more than 99.5%. The current price is still at a low level, and you can still continue to buy.
FOREXCOM:USOIL FX:USOIL BLACKBULL:WTI
2152-2155BUY
Tp2161.1
SL 2146
From Monday to Thursday, keep making money. Hardly any defeats. I believe the same is true for many of my friends who follow me. Let’s cheer together!
URGENT , GOLD WILL DROP TO 2115Today's EUR interest rate decision, where the European Central Bank is expected to maintain the current rate, could lead to a stronger euro and a weaker dollar. This might decrease the demand for gold, causing XAUUSD to potentially drop to 2115. Keep an eye on the announcement for trading decisions.
gold buy confirm signalGold 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 2157
tp1 2161
tp2 2170
tp3 2200
sl 2130
XAUUSD: 7/3 Today’s Market Analysis and StrategyGold held on to a strong trend on Thursday following yesterday's sharp gains. The U.S. dollar index tumbled to a nearly five-week low on Wednesday after Federal Reserve Chairman Jerome Powell reiterated in congressional testimony that the Fed is still expected to cut interest rates starting later this year even if it is uncertain whether inflation can continue to make progress. International gold closed up 20 US dollars on Wednesday and once exceeded 2,150 US dollars during the session.
Market expectations for the Federal Reserve to cut interest rates in June have barely changed. Spot gold prices are on track to close higher for a sixth consecutive trading day, while gold futures have closed higher or near flat on all but two of the past 14 trading days.
Gold hit a new record while other precious metals also rose sharply after Federal Reserve Chairman Jerome Powell reiterated that the central bank may cut interest rates this year. Earlier, U.S. ADP data showed that companies increased hiring in February, which also boosted gold prices. At the same time, the competition for gold's long and short positions is fierce, and trading volume shows that long orders continue to increase.
The gold market held on to recent gains as Powell reiterated his stance in congressional testimony that interest rates have peaked and are likely to fall this year. However, Powell also maintained a cautious attitude on monetary policy and said that interest rate cuts would not be soon.
Gold technical analysis
Daily resistance is 2150-2200, support below is 2100-2080
Four-hour resistance is 2150, support below is 2124
Gold operation suggestions:
From the four-hour analysis, today's lower support focuses on around 2124. The short-term bullish strong dividing line moves to the 2124 mark. If the daily line falls back below 2100, it may be a sign of the formation of a top. The daily long-short dividing line is 2080. Friday NFP will be a turning point for gold, and there may be a large number of long positions taking profits.
BUY:2124 near
BUY:2140 near
gold buy confirm XAU/USD is up for the sixth consecutive day, and extreme overbought conditions have become more notorious, but there are no other signs of upward exhaustion in the daily chart. Technical indicators continue to edge higher, albeit with decreased momentum. At the same time, the bright metal advanced further above its moving averages, with the 20 Simple Moving Average (SMA) gaining bullish traction above the longer ones and far below the current level.In the near term, however, according to the 4-hour chart, there is room for additional gains. The Momentum indicator resumed its advance after correcting extreme overbought conditions, while the Relative Strength Index (RSI) indicator also regained the upside and currently stands at 84. Finally, the 20 SMA heads north almost vertically, currently at around $2,110, reflecting continued buying interest.Gold trades in positive territory at around $2,140 and stays within a touching distance of a new record high. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day below 4.2%, allowing XAU/USD to preserve its bullish momentumGold 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 2147
TP1 2151
TP2 2155
TP3 2159
TP4 2165
Sl 2130
Gold continuously reached the highest peak in historyWorld gold prices continued to increase with spot gold increasing by 18.2 USD to 2,145.4 USD/ounce. Gold futures last traded at 2,153.7 USD/ounce, up 12.7 USD compared to yesterday morning.
World yellow metal prices continued their upward momentum to record levels on March 6 (US time) as the market increasingly bet that the US Federal Reserve (Fed) will loosen monetary policy after Fed Chairman Jerome Powell's speech at the hearing.
Currently, investors are waiting for the employment report from the US Department of Labor. According to data released by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab, private payrolls increased by 140,000 last month after increasing by 111,000 in January. The report shows that the market US employment is still growing steadily.
In addition to interest rate expectations, experts say that precious metals are also supported by the demand of central banks. According to senior analyst Krishan Gopaul of the World Gold Council, last year's gold buying momentum is continuing to extend into this year. This expert predicts that 2024 could be another boom year for the yellow metal after witnessing a sharp increase in additional gold demand in January from countries that regularly buy gold such as China and Turkey. Ky, India…
#GOLD . At his resistance ? Holdung or not?#GOLD.. well guys market at our expected area 2154 55 as we discussed in our video,
So.. keep close it n focused on behave at that area.
If market hold it then drop expected from here..
It will be invalid after hour closing above 2155
Good luck
Trade wisely
GOLD - will continue his rally or not? whats next?#GOLD... what a move it was guys,
first of all congratulations to all followers,
well market place 2150 a physiological area so far,
upside we have 2154 55 around a resistance area in projection.
keep close it because 2154 55 will play important role for next move in gold to anyside,
if market hold it then you can expect a drop from here otherwise not
good luck
trade wisely
GOLD: Macro/Micro SR Fibonacci SchematicsHere we have every schematic for XAU-USD in 6 boxes. Every single box has a macro schematic along with a special set of Fib Forks for all. Some are more defined and visual than other ones. Let us examine this layout.
#1, #2, and #4 have the first three Fibonacci Spikes (In that Order)
#1 and #2 also have our closest micro supports stemming from 2016 and then 2022.
#3 and #4 have important extensions and forks as you can see easily.
#5 and #6 have one same pair of schematics but both boxes are different still.
Now we can infer about the support we see. We see support on #1, #3, and #4.
Then, see how we have resistance on every single one but it is at different levels. If any of these boxes link up on different schematics, we call this Fibonacci Clustering and it would be considered a more important level.
We can see a couple sets of Fib Clusters right off the bat in #1 and #2. Look at 2300 and 2400 and how both boxes have levels on both but are not the same schematics. This is a set of Fib Clusters.
#1, #4, and #5 have some as well at 2500. So we now see every resistance in this idea up to 2500. Once Gold decides to go higher, we will be exposed to the same fib levels higher and we will find the same phenomenon of Fib Clusters in the same boxes because they are all sequenced the same...
A larger macro view of XAU-USD is linked below.
GOLD $XAUUSD - Feb. 18th, 2024GOLD OANDA:XAUUSD - Feb. 18th, 2024
BUY/LONG ZONE (GREEN): $2019 - $2072
DO NOT TRADE/DNT ZONE (WHITE): $1990 - $2019
SELL/SHORT ZONE (RED): $1939 - $1990 (adjustable)
Overall on the high timeframes Gold is bullish with supporting structure. The daily timeframe recently broke out of a range to the downside, but is now heading back to a retest of the bottom level of the range (around 2019). Bulls can look for longs around the 2019 level as this would be the breakout area that would not mark this as a bullish trend again. Bears can look for entries: 1. as early as 2019 with a retest of the bottom level of the range and a rejection, 2. currently around the 2012 channel level, 3. but safely around 2001.5 as this was the start of the 4h bullish structure/momentum.
Weekly: Bullish
Daily: Lean Bearish (until test of previous range bottom level)
4H: Bullish Momentum/Developing Bullish Structure/Bearish Channel
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!