Prices continue to DECREASE during the week! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The price of gold (XAU/USD) is moving within a limited range during the Asian session on Friday and continues to stay close to a low point reached earlier this week, around the psychological level of $2,000. The Middle East is experiencing heightened geopolitical tensions as Pakistan conducted retaliatory airstrikes inside Iran on Thursday. Additionally, clashes between the US and Houthi forces in the Red Sea, coupled with ongoing concerns about China's weak economy, provide support for the safe-haven status of gold.
⭐️ Personal comments NOVA:
Following the DOWN trend of Gold, US economic data is also supporting that
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $1993 - $1995 SL $1985
TP1: $2002
TP2: $2010
TP3: $2020
🔥SELL GOLD zone: $2033 - $2035 SL $2040
TP1: $2027
TP2: $2020
TP3: $2010
⭐️ 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
Xauusdsell
Will it be Black Friday when gold will reverse strongly?
OLD last night had a recovery to Zone 202x. As for the Current Price Frame, I see that Gold can still increase further at this momentum.
> As Price Margin Today everyone refer to Regional Selling Soup 2026>2028
SL 2030
City 2018>2008.
If Bien Gold now breaks beyond this Valuation price range, I will put it in the Buy zone, everyone. There will be a video commenting and sharing in detail later. Everyone, remember to follow this Rib to trade
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Bob Haberkorn - senior market strategist at RJO Futures - assessed that the market is skeptical about the Fed's ability to cut interest rates and that is putting pressure on gold prices.
Experts predict that geopolitical risks will continue to support and keep the price of this precious metal at about 2,000 USD/ounce.
Tai Wong, an independent metals analyst in New York, said that political risk is currently the most important factor causing gold prices to remain above 2,000 USD/ounce. This expert also predicted that the upcoming gold price will stabilize at above 2,020 USD/ounce.
Gold is ready to go shortThe price of gold is currently maintaining its stability below the threshold of 2018.80, thus keeping the bearish trend scenario valid and active for the day. It is important to note that our main anticipated target is set at 1982.23.
We are taking short positions to achieve this target and break the level of 1900.
XAUUSD:It will fall below 2000
As we expected, gold fell sharply and we once again made huge profits from it. Now, after the decline, there is a small rebound demand. You can go long first
Please be careful not to set a too large take-profit, close the order promptly when there is profit, and lock in the profit.
If the rebound is strong, it may hit near 2020, where you can try shorting, with a high probability of profit. When it falls again, there is a very high probability of falling below 2000.
I hope my analysis is helpful to you, and good luck!
Gold Sell Now Gold price ticks higher during the Asian session on Thursday and for now, seems to have snapped a two-day losing streak to over a one-month low touched the previous day. The US Dollar pulls back from its highest level since December 13 amid some profit-taking and benefits the commodity.
GOLD SELL NOW 2008
CONFIRM TARGET 1990
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD - today there will be a slight return to the 4x areaGlobal gold prices plunged, with spot gold falling $26.7 to $2,028.6 per ounce. Gold futures were trading at $2,031.7 per ounce, down $19.9 from the previous day.
Gold prices fell more than 1%, pressured by a rebound in the US dollar and rising US Treasury yields, following "hawkish" comments from US Federal Reserve Governor Christopher Waller. ``About this year's interest rate cut.
Governor Christopher Waller said the U.S. is still "a long way" from the Fed's 2% inflation target and the central bank should not rush to cut interest rates until it is certain that inflation is falling. maintain.
Following the remarks, the U.S. dollar index rose nearly 1% to its highest level in more than a month, making bullion less attractive for holders of other currencies, while the yield on the 10-year U.S. Treasury note also rose, increasing the number of non-holding opportunities. Expenses have increased. -Interest bearing.
The Fed is expected to keep interest rates steady at its first meeting of 2024 on January 30th and 31st. Traders see a 67% chance of a rate cut in March, according to the CME FedWatch tool.
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Everyone Sells Surf Gold Price 2026>2028
SL 2030
TP 2020>201x. This margin is golden and easy to recover. Fomo Canh sells correctly
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SELL LIMIT 2040-2042
TP 202x
XAUUSD - hits resistance, slipsThis morning - My opinion for trading.
> Gold Last night I still hesitated and ran quite slowly around the area from 2049>2052. Gold is currently showing signs of slight decline.
> I will recommend this margin in both directions for everyone to trade.
> Buy around 2048>2050
SL 2046
TP 2056>206x
>Sell Around 2056>2058
SL 2060
TP 2050>204x.
Selling Rhythm Today I will upload a video for you all to follow this comment so you can trade first
Global gold prices rose slightly, with spot gold rising $6.6 to $2,055.3 per ounce. Gold futures traded at $2,059 per ounce, up $7.4 from the previous day.
Global yellow metal posted modest gains in first trade of the week, continued to be boosted by safe-haven demand on concerns over tensions in the Middle East and rising Federal Reserve expectations for the US (Fed) did. It will likely cut interest rates sooner than expected.
A report released last weekend showed that U.S. producer prices unexpectedly fell in December. Based on this data, traders expect the Fed to cut interest rates by 166 basis points (bp) this year, up from the previous 150 basis points (bp). Gold prices are rising, but some analysts say it will take a new catalyst, or at least a clearer indication of the Fed's monetary policy direction, for the precious metal to break out of its current range. There is. in.
David Morrison, senior market analyst at Trade Nation, said gold's position was maintained, but more work needed to be done to attract new investors to the market.
Technical Analysis of Gold Prices: Current Trends and Potential Gold experienced a significant decline on Tuesday, completely erasing the previous month's gains and edging closer than ever to the 50-day simple moving average, a crucial support indicator just above the $2,010 level. Bulls must diligently defend this technical floor, as failure to do so could trigger a downward momentum towards $1,990, followed by $1,975.
On the flip side, if buyers stage a comeback and initiate a reversal in the upward trend, resistance is likely to emerge around the $2,045-$2,050 range. Overcoming this formidable barrier might pose a challenge, but a decisive breakthrough could set the stage for a favorable rally towards $2,085, the peak observed in late December. With further strength, XAU/USD could be on track to retest its all-time high.
Drawing insights from the available content, it's evident that the gold market is delicately poised between critical support and resistance levels. Traders and investors alike will be closely monitoring the market dynamics to discern whether the current technical indicators will pave the way for a renewed upward trajectory or if further declines are imminent. The $2,045-$2,050 range emerges as a pivotal battleground, making it crucial to observe how market participants respond to potential price movements in the coming sessions.
If gold is adjusted in place, you can continue to buy.
Hello everyone. From the current 4-hour chart, we can see that gold has the same trend before and now, touching around 2015 and then rising to around 2040. Then it fell again from 2040 to 2020, and then rose again, breaking through 2040 to reach the top position. If gold completely replicates the previous market trend, we must be careful that it will fall back here, so we definitely cannot continue to buy gold above 2040. But the decline here in 2020 will definitely be relatively large, and it may not necessarily be reached. Therefore, for the time being, we will focus on today’s support position of 2028-2030. If there is another opportunity to fall back to 2028-2030, then we can buy it without hesitation. If it rises again from 2028-2030, it will definitely be broken near 2048 last week, and it will most likely go to the top of 2070.
GOLD Best Place To Sell And Best Place To Buy ! To Get 500 Pips This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.