GOLD XAU/USD Robbery Plan to become a RichMy Dear Robbers / Traders,
This is our master plan to Heist Gold Mine based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned 2 Plans with target in the chart focus on whether Long or short entry. Our target is Red Zone for Bulls and Green Zone for Bears 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,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, 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 💰💵 Join your hands with US. Loot Everything in this market everyday.
Goldtrend
Gold Prices to Continue the Bullish Trend During 2024As 2024 unfolds, gold prices are poised for a significant surge due to the economic and geopolitical forces that underline a strong bullish trend in the market. Despite the challenges posed by a strengthening U.S. dollar and hawkish stances from the Federal Reserve, gold has maintained robust performance. This strength is further supported by a marked increase in global demand, as highlighted in reports from the World Gold Council.
Investments in the over-the-counter markets, steadfast buying by central banks, and rising demand from key Asian economies like China and India underscore gold’s dual role as a traditional safe haven and a crucial hedge against currency risk and inflation. These factors, combined with an uncertain geopolitical landscape and the potential for softened Federal Reserve policies, are crafting an environment ripe for gold’s value to climb, making it an increasingly attractive investment for 2024 and beyond.
💵 SELL TVC:GOLD 2365-2367💵
✔️TP 2355
✔️TP 2345
❌SL 2375
💵 BUY TVC:GOLD 2340 - 2342💵
✔️TP 2350
✔️TP 2360
❌SL 2333
Will XAUUSD come back or continue to increase strongly?World gold prices last week mainly maintained a recovery trend. At the beginning of the trading week, precious metal prices were listed above 2,300 USD/ounce and spent most of the trading week in the range of 2,310-2,330 USD/ounce.
During the trading session on May 10, the world gold price at one point recovered to 2,375 USD/ounce. However, the upward momentum did not last long, causing the gold price to fall by 15 USD and end the weekend session at 2,360 USD/ounce.
Over the past week, precious metals increased by 2.5% thanks to US employment data supporting dovish views on monetary policy. In addition, military tensions are increasing in both the Middle East and Ukraine; At the same time, data also shows that gold demand from central banks and other needs are all on the rise.
Experts assess that gold is still receiving positive support in the coming time as more and more central banks appear willing to lower interest rates, thanks to the above factors.
Kitco News' latest weekly gold survey finds industry experts are bullish on the precious metal.
Gold is likely to return to the 24xx area this weekLast week, the yellow steel published modest profits as expectancies that the United States Federal Reserve (Fed) might loosen coverage this 12 months improved following vulnerable monetary data. Experts say that subsequent week is an vital time to determine whether or not gold will attain a brand new document or now no longer while the marketplace gets the April patron rate index and manufacturer rate index reports. Recently, The Fed emphasised that America`s inflation strugglefare isn't powerful while inflation remains a lot better than the goal degree of 2%. In addition to the patron rate index and manufacturer rate index, this week the marketplace will anticipate the United States retail income report, the wide variety of weekly unemployment gain applications, and the assertion of Fed Chairman Powell in Amsterdam.
According to Larry McDonald, founding father of the Bear Traps Report, the United States is in a chronic inflation strugglefare, in which all asset training will see "sizeable" revaluations and as Therefore, capital flows withinside the marketplace will steadily shift to difficult assets. “This is the time while the Fed takes action, which creates a bullish situation for difficult assets,” he said.
McDonald believes that a few metals have sizeable rate will increase and predicts gold charges will attain $3,000-3,500/ounce withinside the subsequent 12-18 months.
How To Start Investing In Gold (7 Ways)Gold's allure as a precious metal transcends time. It has served as a symbol of wealth, a reliable store of value, and a hedge against inflation for centuries. For investors seeking to diversify their portfolio and protect their purchasing power, gold can be a strategic asset. This guide explores seven methods for investing in gold:
1. Physical Gold (Coins and Bullion): Owning physical gold, like coins or bars, offers a sense of tangible ownership and security. However, there are drawbacks. Secure storage is crucial, and selling physical gold can be inconvenient, potentially incurring fees or melter costs.
2. Gold ETFs (Exchange-Traded Funds): These investment vehicles track the price of gold, allowing you to trade them on a stock exchange like a stock. ETFs offer advantages like affordability (you can buy smaller amounts than a whole gold bar) and liquidity (easy buying and selling). However, you don't own physical gold with ETFs.
3. Gold Mutual Funds: Invest in professionally managed funds that hold a basket of assets, including gold mining companies' stocks. This offers diversification and potentially reduces risk compared to directly owning gold. The downside is that fees might be higher compared to ETFs, and the fund's price performance depends on the underlying holdings, not just gold itself.
4. Gold Futures and Options: These are contracts for buying or selling gold at a predetermined price on a future date. This approach offers leverage and the potential for significant profits, but it's also high-risk. Futures and options are complex financial instruments and require a deep understanding of the derivatives market. Consult with a financial advisor before venturing into this territory.
5. Gold Mining Stocks: Investing in companies that mine, refine, and trade gold can magnify your returns if gold prices rise. However, this method is indirectly tied to the price of gold and is also susceptible to the risks associated with the stock market in general, including company-specific risks.
6. Gold Certificates: These paper certificates represent ownership of a specific amount of physical gold stored in a secure vault by a bank or other institution. They offer a way to own gold without physical possession but might have storage fees and redemption restrictions.
7. Digital Gold: A relatively new option, digital gold allows you to invest in fractional ownership of physical gold stored securely. This method offers affordability and easy online buying and selling, but regulations and risks associated with the specific digital gold platform need to be considered.
Top 10 Tips for Investing in Gold:
1. Do your research: Understand the gold market, different investment options, and their associated risks and rewards before investing.
2. Set investment goals: Align your gold investment strategy with your overall financial goals and risk tolerance.
3. Diversify: Don't put all your eggs in one basket. Gold should be a part of a diversified portfolio.
4. Start small: Begin with a smaller investment to test the waters and gain experience.
5. Consider fees: Compare fees associated with different investment options like storage costs for physical gold or expense ratios for ETFs and mutual funds.
6. Think long-term: Gold is generally considered a long-term investment. Don't expect quick gains.
7. Store securely: If you buy physical gold, ensure secure storage in a safe deposit box or a reputable vault.
8. Beware of scams: Be cautious of get-rich-quick schemes or companies offering unrealistic returns on gold investments.
9. Stay informed: Keep yourself updated on economic factors and events that can influence gold prices.
10. Seek professional advice: Consult with a financial advisor to create a personalized investment strategy that includes gold, if appropriate for your financial goals.
By understanding the different ways to invest in gold and following these valuable tips, you can make informed decisions and potentially benefit from incorporating gold into your investment portfolio. Remember, gold is a valuable asset class, but it's not without risks. Do your research, invest within your risk tolerance, and enjoy the journey of exploring the world of gold investing.
GOLD - Confluence for a long ✅Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to continue the retracement and then to reject from trendline + liquidity zone.
Fundamental news: Upcoming week on Wednesday (GMT+3) we will see results of monthly and yearly CPI on USD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
XAU/USD - Q2 Market Analyst Analysis Summary
Based on the current trends and Elliot Waves patterns, I forecast a continued downward trajectory in the stock market. Here are the key insights:
Projected Downward Trend: The current market pattern aligns with a bearish cycle according to Elliot Waves, indicating the potential for continued decline.
Expected Support Level: I anticipate the market reaching a support area around 2270, where the downward movement might stabilize. This support level has historically provided a strong base for reversal.
Reversal and Bullish Shift: After reaching the support, the market is likely to undergo a rejection, possibly leading to a bullish reversal. If this occurs, the upward trend could continue, aiming towards the 2500 mark.
Caveats and Considerations: Market predictions are inherently uncertain and subject to various factors like economic policies, global events, and investor behavior. Therefore, consider this analysis as a single reference point and not as a definitive guide to your investment strategy.
Please remember, this analysis is a personal interpretation of market trends and should not replace professional financial advice. Always conduct thorough research and consult financial experts before making investment decisions.
GOLD LIKELY TO PULLBACK BELOW 2338 BEFORE ANOTHER TEST OF R2!Gold got rejected at R2 level projected and already formed double top which is likely to drive the metal down. A failure of support at S1 to hold gold's price will see metal price dropping below 2338 to test S2.
Having said that, gold may encounter early support at 2352; and price is rejected at this level, we might see gold again testing R2.
N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#gold
#xauusd
GOLD WEEKLY RETRACEMENTAFter the Price reach 2430 price of GOLD retrace on the 2nd weekly candle with a 50% retracements.
This idea base on the continue move upside of TVC:GOLD it might clear the previous high!
I will Update once price Hit the target 1. This is only 1H timeframe. THis idea is base on my understanding only, if this works for you, then trade it or leave it be.
This is not a financial advice either. non of this idea is a signal prove on Buying .
Taking the trades is base on your own understanding the market dynamics. were not all the same.
Take this a guide on your trading ideas too.
Follow for more.
Good COntent ahead. I mainly focused on this Pair.
#xauusd TVC:GOLD
Gold - Trading the breakout!Hello Traders and Investors, today I will take a look at Amazon.
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Explanation of my video analysis:
Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials at the current $2350 level. If you are not in a trade yet, it would be best to wait for a retest of the breakout level and bullish confirmation.
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Keep your long term vision,
Philip (BasicTrading)
Gold Eyes Renewed Rally as Central Bank Doves SingGold Eyes Renewed Rally as Central Bank Doves Sing, But Can It Break Through? (XAU/USD Forecast)
The price of gold (XAU/USD) is poised for a potential return to its upward climb after a brief consolidation period. This renewed bullish sentiment comes on the back of dovish signals from central banks and a key resistance level waiting to be breached.
Central Banks Singing a Softer Tune
The Bank of England (BoE) recently surprised markets by holding interest rates steady at 0.75%. This decision, coupled with a downward revision of inflation forecasts, suggests a more cautious approach from the central bank. The underlying message: interest rate hikes, which typically put downward pressure on gold prices, might be delayed.
Across the pond, the Federal Reserve remains the center of attention this week. With key Fed speakers scheduled for Friday, investors are eagerly awaiting any clues regarding the future of monetary policy in the United States. A dovish tone from the Fed, hinting at a slower pace of interest rate hikes, could further bolster gold prices.
Why is This Good News for Gold?
Gold is often seen as an inflation hedge. When inflation rises, the value of traditional currencies like the US dollar erodes. As a result, investors turn to gold as a store of value, seeking to preserve their purchasing power. Additionally, higher interest rates typically translate into a stronger US dollar, making gold less attractive as an investment.
Therefore, a scenario where central banks adopt a more cautious approach towards tightening monetary policy translates into two potential benefits for gold:
• Lower inflation expectations: If inflation forecasts are revised downwards, the pressure on gold as an inflation hedge might lessen. However, gold's appeal as a store of value could still persist due to ongoing geopolitical tensions or economic uncertainties.
• Slower interest rate hikes: A dovish Fed with a slower pace of rate hikes could weaken the US dollar, making gold a more attractive investment proposition.
The $2,340 Hurdle: Can Gold Break Through?
Despite the positive tailwinds from central banks, XAU/USD currently faces a critical resistance level at around $2,340. A decisive break above this level could signal a renewed uptrend for gold. Conversely, a failure to breach this resistance could lead to a period of consolidation or even a potential pullback.
Technical Indicators Offer Mixed Signals
Technical indicators on the daily chart paint a somewhat mixed picture. The Relative Strength Index (RSI) currently sits around 57, indicating neither overbought nor oversold territory. The Moving Average Convergence Divergence (MACD) also suggests a neutral outlook. However, a recent break above the 50-day SMA could be interpreted as a bullish sign.
Looking Ahead: What Could Drive the Gold Price?
Several factors beyond central bank decisions could influence the gold price in the coming weeks:
• Geopolitical Tensions: Heightened geopolitical tensions or conflicts can trigger a flight to safety, driving investors towards gold.
• Global Economic Data: Economic data releases, such as inflation reports or jobs numbers, can impact investor sentiment and influence the demand for gold.
• US Dollar Strength: The strength of the US dollar continues to play a crucial role. A weakening dollar can benefit gold prices.
Conclusion: A Potential Bullish Run on the Horizon
The combination of dovish central bank signals and a key resistance level waiting to be tested creates an intriguing scenario for the gold price. While technical indicators remain somewhat neutral, the near-term outlook appears positive. However, investors should remain cautious and closely monitor economic data, geopolitical developments, and the US dollar's performance for a clearer picture of the gold market's direction. A decisive break above $2,340 could signal the start of a renewed bullish run for XAU/USD.
XAUUSD I Riding the Bullish Momentum Welcome back! Let me know your thoughts in the comments!
** XAUUSD 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.
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How to trade gold after it rises sharplyGold has been rising slowly today without any correction, but it is not yet certain whether the rise in risk aversion can continue to amplify. Gold will continue to rise, and there must be news to stimulate further support. Gold has now reached the early intensive resistance area, and beware of a pullback under pressure.
GOLD - where is immediate supporting area? what's next?#GOLD - a perfect move as per our video analysis, and now market immediate supporting area is 2372
keep close it guys because if market hold it then again upside further move expected from here,
keep clsoe it 2372
but keep in mind guys that below 2372 on confirmation CUTT N REVERSE scnerios also valid.
keep close it 2372
good luck
trade wisely
GOLD - now where is supporting area? whats next ??#GOLD.. market very well placed targeted area as we discussed in our video analysis, first of all congratulations to all.
now market have 2343 as immediate supproting area , keep close it guys,
because if market hold it then upside further move expected,
dont be lazy here,
good luck
trade wisely
Gold prices receive a lot of economic and geopolitical pushscalp gold sell 235x
tp 233x
sl 236x
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According to Mr. Joaquin Monfort, FXStreet expert, gold fees accelerated this consultation after some of important important banks determined to reduce hobby quotes, which include the Swedish Central Bank (Riksbank), or signaled the opportunity of a reduce. withinside the future, which include the European Central Bank (ECB). Lower hobby quotes lessen the "possibility cost" of maintaining gold, a non-hobby-bearing asset, for this reason making gold greater attractive.
Mr. Monfort stated the treasured steel is likewise seeing the go back of cash searching for secure havens amid the "impasse in ceasefire negotiations among Israel and Hamas."
Gold turned up again, entry buy todayGold prices today jumped sharply after a number of major central banks decided or signaled their readiness to cut interest rates in the future.
In Sweden, the country's central bank cut interest rates by 0.25 percentage points to 3.75%. The Bank of England (BoE) announced to keep interest rates unchanged at 5.25% and hinted at an upcoming interest rate cut when inflation falls below target.
Gold prices today also have more upward momentum thanks to increased demand for safe haven capital. The cause stems from the deadlock in ceasefire negotiations between Israel and Hamas after Israel continued to attack Rafah, increasing the pressure of geopolitical risks.
With the above picture, investors may expect the gold market to heat up. So they increase their purchasing power. Gold price today increased sharply by 42 USD, from 2,306 USD/ounce to 2,348 USD/ounce at 6:00 a.m. on May 10.
Today's trading trend, waiting to buyWater was at 2,353.1 USD/ounce, an increase of 30.8 USD compared to yesterday morning.
The weakening of the USD has strongly supported the upward trend in the price of the yellow metal on May 9 (US time). Specifically, the US Dollar Index decreased by 0.32% to 105, increasing the appeal of gold to buyers holding other currencies.
FXStreet editor Joaquin Monfort said that gold prices rose higher "after a number of major central banks decided to cut interest rates or signaled a willingness to cut interest rates more in the future." Lower interest rates reduce the "opportunity cost" of holding gold, a non-interest-bearing asset, making it a more attractive investment.
Specifically, in Sweden, for the first time since 2016, Riksbank has cut interest rates by 0.25% to 3.75%. In the UK, the Bank of England (BOE) announced to keep interest rates unchanged as many people predicted, but signaled that it will cut interest rates in the near future.
The Swiss Central Bank, the Reserve Bank of Australia (RBA) and the European Central Bank have also made similar moves.
💡 GOLD: Analysis May 9Gold fell for the second day in a row, but selling pressure continued to be as weak as the previous day, because yesterday's bar D1 had a narrow range, even narrower than the previous falling bar D1. Structurally, Gold D1 continues to move inside the Inside bar pattern, reflecting a state of cumulative price compression, and remains within the larger Inside bar and large price range. Gold D1's trend is more inclined to increase in price.
After touching the border on the H1 price frame, H1 Gold is adjusting down, however the selling pressure is not strong because the adjustment span is not steep and has large fluctuations. The scenario for buying Gold is still the dominant one today, the best option is to buy when the price breaks out to the top and then retest, otherwise you can "fish for the bottom" with the buying zone being the margin below the price frame.
💡H1 trend: Gold moves sideways.
💡Today's trading idea: Buy Gold.
Gold heads below $2,300 ! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Global gold demand growth is driven by increased over-the-counter market investment, continuous central bank purchasing, and heightened demand from Asian markets, especially China and India. This growth is reinforced by geopolitical tensions in the Middle East, leading to a preference for safe-haven assets like gold. Gold traders are anticipating fresh catalysts such as the US weekly Initial Jobless Claims due on Thursday and a speech by San Francisco Fed President Mary Daly. Dovish comments from Fed officials could stabilize gold prices for now.
⭐️ Personal comments NOVA:
Gold price still moves in 2 trend lines, wide amplitude. There is still confidence that the Gold price needs to return to the entry area below $2,300. Long-term BUY in the H4 frame. The time for the FED to lower interest rates is getting closer and closer
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2270 - $2268 SL $2263
TP1: $2278
TP2: $2284
TP3: $2292
🔥SELL GOLD zone: $2349 - $2351 SL $2356
TP1: $2340
TP2: $2330
TP3: $2320
⭐️ 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
The downward trend of gold is obvious
Gold is still down, but it is not over. There is still another plunge in gold. This wave will inevitably reach around 2292. There is still room for a downside of 16 US dollars. Be prepared.
The four-hour line continues to have a large negative line surrounding the positive line, which is an obvious bearish downward trend. One negative line breaks through two positive lines, which is a short position. The 50-day moving average has pressed the pause button on its upward movement. It is obvious that it has turned downwards strongly. Continue to be bearish, the daily level is even more terrifying for shorts, prepare for a plunge
Operation strategy: short gold 2320, stop loss 2330, target 2290
I hope you like my analysis, thank you and love you