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Goldsignal

XAU/USD is looking interestingSo when we look at the chart we can see that the price is kind of trading in a range like we see with a lot of pairs at the moment. What we could do now is just either wait for that range to be broken or we can see if we still have the possibility to go and range trade it. For now I would just wait and see what the price does when it is going to reach the high of the range. There are 2 things that can happen: 1) We get a break of the channel and have a good chance to go long 2) The price reverses back of the resistance zone and the high of the range and we can go short on it. If you have any questions feel free to send me a message. If you like the idea do not forget to give it a like and feel free to share your view on gold in the comments below.
FX:XAUUSD
by MaBaCapital2
Gold stuck in trendline resistance, What is next? Gold reached its trendline resistance zone. As a result, the gold reached its highest level at $1848 for two months. Next, the FED will announce their monetary policy, and I think gold will rise slowly until the FED meeting. There is a big chance that the FED will rise in March and four times this year. That may bit hampered the pace of rising gold as gold is a good hedge against inflation; from this aspect, gold is still safe and the number one safe-haven asset to the investors during global growth and crisis. Geopolitical tensions in the West also formed an additional factor supporting gold prices, as skirmishes intensified between Russia and the United States of America after US President Biden indicated that he expected Moscow to move towards Ukraine after it mobilized 100,000 soldiers near the borders of Ukraine, for the Biden administration to announce about $200 million. Additional defense military aid to Ukraine. Overall, I am still in buy mode in gold, but as gold reaches its trendline resistance level, I am waiting for some downward correction or breaking above the trendline resistance. Technical analysis: Based on the current price, $1848/1856 is the trendline resistance zone. So, I will suggest not to buy in the particular price zone. After breaking above $1856, our first upside target is the $1870/1875 price zone. However, $1870/1875 is a high swing area tested in November 2021. So, the market may take some time to break above the $1875 price zone. Finally, after breaking above $1875, my last target is the $1900/1910 price zone. On the other hand, as gold is hovering below the trendline resistance, it is very common that gold may drop from this level for correction and profit-taking purposes. So, if gold drops from this level, it may test the $1830/1828 price zone. Breaking below $1828, it can test the $1823 price zone. However, I am not expecting more than that about this week. So, something doesn't happen unexpectedly, and I don't think gold will change its uptrend very soon.
TVC:GOLD
by Gold_Trading_Expert
2
Gold is still in an uptrend as long as above the $1800....Gold is an uptrend in the long time frame, like monthly and weekly. However, the market seems in range and bound in the daily chart. In the last week, inflation has risen, and the USA cannot print its retail and core retail sales positively. Even omicron is still spreading all over the world. This week Tsunami Tonga hits. So, it is clear that most of the fundamental factors are still favoring the gold against all the major pairs. So, fundamentally gold is in an uptrend, there is no doubt. But, even in the higher time frame, gold is in a long position. In the h4 chart, gold is rising, testing trendline support and dropping trendline resistance. $1830/1835 makes a strong resistance level from the present rate. Often, gold tested to break the $1830/1835 price, but the market was unable to break above the strong resistance level of the $1830/1835 zone though all the fundamental factors are supporting. So, we should wait to buy gold until it breaks above the $1830/5 price zone or tests nearly trendline supports the $1805/1807 price zone. Because $1807/$1800 creates strong trendline support as well. If we buy from the $1805/1800 price zone, our stop loss is below the $1796/1795 Price zone. And upside target is $1830, the next target is $1855, and finally $1865/1870 price zone. On the other hand, if gold breaks below the trendline support $1800 price zone, we may short gold and target should be near $1780/1785 price zone and final target to the downside is $1760/1765 price zone.
TVC:GOLDLong
by Gold_Trading_Expert
GOLD RANGING...AND UP AGAINHello traders, starting this week I will start doing my weekly analyzes for the year 2022! I wish you a happy and fulfilling New Year As I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect, ...as you can see ... GOLD is on an upward Fibonacci but has also made a strong downward trend line! In the next period I will wait to see the GOLD movement ... a closure even for 1 day under 1763 or over 1835 will give the new gold trend for the end of the year THIS WEEK...just like last year , GOLD remains in the range and continues to force the trend line formed in recent months! even if all the signs almost certainly give rise to a GOLD climb, I will not get out of my routine and will continue to play between 1763-1835 until closing at least for a week outside this area GREAT ATTENTION: *This information is not a Financial Advice.
FOREXCOM:XAUUSD
by BloomFX_SIGNALS
6
XAUUSD (GOLD) 4H ChartGold regained sharply on the weak US dollar. The US dollar index lost more than 50 pips after US CPI data. The yearly inflation surged by 7%, the highest level since June 1982. Markets eye US PPI data today for further direction. Factors to watch for gold price action- Global stock market- Bearish (Positive for gold) US dollar index –Bearish (positive for gold) US10-year bond yield- Bullish (Negative for gold) It is good to buy on dips around $1810 DISCLAIMER: ((trade based on your own decision )) <<💚💚💚💚💚press like👍 if you enjoy💚💚💚💚>>
OANDA:XAUUSDLong
by Goldsignal75
Gold Weekly Analysis: It's all about inflation this weekThe US labor market report was one of the most important economic reports last week. IN DECEMBER, the US economy added only 199k jobs where the market forecast was 426K. The unexpected and negative news about the employment data caused fears that the US economy slowed down. At the same time, rates came out saying that Unemployment and wage rates are better than expectations, but markets reacted to this information with poor liquidity. The employment figures, in general, are not too negative, especially if we think that they come at the end of the year. Even though December's numbers were alarming, we should note that this is because of the Corona epidemic, which the United States of America recorded a few months ago. Gold Market Mover Data For The Week Fed Chair Powell Testifies CPI m/m Core CPI m/m 10-y Bond Auction PPI m/m Core PPI m/m Unemployment Claims 30-y Bond Auction Core Retail Sales m/m Retail Sales m/m Industrial Production m/m Prelim UoM Consumer Sentiment Even with this data in mind, it would still be premature to say that job growth has stopped or slowed since December 2021. If job growth continues at its current pace- which seems possible given how vital things seem recent- coverage for the first half of 2022 could quickly occur by late January or early February 2022. The labor market index, or the number two indicator of importance to the US Federal Reserve, is expected to release its monthly report next Wednesday. The inflation index will occupy the number one spot on this list because the US Federal Reserve has changed its monetary policy and tendency towards a more stringent approach. Expectations are that CPI will drop in December at a monthly pace of 0.4% from 0.8%, while Core CPI is also expected to be unchanged at 0.5%. This news could impact stock prices and the gold market as investors expect it would match or exceed expectations- making it an important event for financial markets this week. The market is pricing in an opportunity of more than 80%, according to FedWatch's CME Group tool, with a rate hike in March and four rate hikes this year. This has already been priced in the markets as of this writing. Still, expectations are now rising that US interest rates may increase by four times this year compared to three expectations (in The latest estimates from the US Federal Reserve). These higher numbers will support other movements within the markets. If FED hints at four rate hikes this year in their monetary policy, GOld may not go up as we expected. Rate hiking mostly depends on inflation reports. If the inflation rises as expected, the FED will think to hike their rates. As a result, gold will drop. But if we see another drop in inflation, FED may not hike four times their bank rates this year. So, keep in touch with inflation reports. The markets will also monitor the latest updates of the Omicron variable and the extent of countries' response to confronting the spread, especially after recording record levels in the speed of space and rising cases of anxiety. The US dollar index is trading at 95.90 this morning, with opening prices being higher by about 0.17% since last week's close, as global stocks and gold prices continue to rise following a surge in returns seen over the previous week. If the omicron concerns increase, there is no doubt that gold will test $1865 and the next $1900+. Technical View Gold is forming a triangle. The channel resistance is identified at the $1820 price zone from the present rates and channel support at the $1780 price zone. So, as long as the market holds between channel support and channel resistance, the gold is not changing its long-term trends. Gold was trying to break below the channel support zone several times, but it didn't happen. So gold pulls back after making a fake break out from the support trendline. In the H4 chart, gold price testing 200 SMA, breaking above 200 SMA, our text target to the upside is $1815/125 price zone. Breaking above $1820/1825, we need inflation reports. On the other hand, if the CPI report prints positive this week, gold may fall below trendline support and test the $1780 price zone. For breaking below $1780, we need another Hawkish statement from FED or Powell like last week and any hints that the FED will hike rates four times this year.
TVC:GOLD
by Gold_Trading_Expert
XAUUSD Long Opportunity for MondayAs you can see, our previous position was taken out by the stop loss, making the Wyckoff SPRING point before taking off, however, we are going to enter long at the recently formed 30 min TM demand zone that has not been mitigated yet, we are expecting the price to mitigate that demand zone before taking off to higher liquidity levels. The expected RRR for this planned position is 1:18 Good luck, lets catch this bad boy before it jumps to higher levels
OANDA:XAUUSDLong
by mentfxtrader
1
GOLD BUY Signal 22DEC2021 TP 230 PIPSBeginning with the name of ALLAH who is the only lord and master and the most merciful... I strictly take trading as a business, not a gambling stuff. I have pre-defined approximate risk to reward ratio on every single trade with clear profit/loss zones. Trade Discipline: -> Never go beyond 1.5% risk of your total trading capital on a single trade, -> Always move your stop ahead of your trade entry level after the price moves 23 pips towards target, -> Always close 80% of your trade position after market makes half movement towards target. Every one has a right to earn a lot of money, but it can only be done by following the rules and principles very strictly!!! REMEMBER: I practice patience in trading. NO EMOTIONS. NO GREED. NO FEAR at all... that's how I do this business... Day after day... Weak after weak... I GROW...
FOREXCOM:XAUUSDLong
by WaqqasAsim
2
Gold may drop more after breaking below $1760Initially, gold has dropped below the long-term trend line starting from August. But we need more confirmation for long-term sell because $1760 identifies strong support. After breaking below $1760, our first target is $1750, the next target is $1720/1725, and the final target to the downside is $1680/1685. Testing $1720/1725 or below $1680 needs positive US economic reports, especially today's NFP. On the other hand, if the market breaks above $1800, it may continue its uptrend. Gold Sell Stop: 1760 SL: 1800 TP1: 1750 TP2: 1725 TP3: 1685 Note: If NFP Positive Gold Buy Limit: 1685 SL: 1650 TP1: 1720 TP2: 1760 TP3: 1800 TP4: 1830 Note: This signal is valid after the 15th of December
TVC:GOLDShort
by Gold_Trading_Expert
5
XAUUSD shortHey Traders, in the coming week we are monitoring XAUUSD for a selling opportunity around 1812 zone, once we will receive any bearish confirmation the trade will be executed. Remember to respect money management guys with gold. movements of gold are more severe than other forex pairs and using a wrong money management with commodities or indices in general will knock you out from the market easily. follow always the beautiful rule of investing, risk small aim high! Happy weekend, Joe!
OANDA:XAUUSDShort
by JoeChampion
12
Gold May Drop Nearly $1835/$1800, Before It Pull Back to $1900+The price of gold is about to enter a much deeper consolidation, where gold prices may continue lower until they reach support from previous levels of the $1830/$1800 price zone. The market behavior comes when bulls cannot go any higher due to lack of demand. Selling pressure also comes into play that makes them pause before re-engaging with buyers again. The daily chart shows the market stuck in a triangle and gold price holding nearly descending resistance areas. As long as gold price holds below the $1876 price zone, it means there will be no rallies up onto new highs without major catalysts causing panic sellers once more. Technically, it is clear that gold is stuck in a triangle, and gold price holds nearly a resistance area. So, it is expected that the gold price may correct the downside, And that is happening. There are fundamental reasons too. The hawkish Fed expectations and a stronger US dollar keep the gold market in check. The Fed funds futures indicate an eventual rate hike by July 2022, with high chances for another one by November. According to Governor Christopher Waller's comments, the US central bank should speed up tapering if they want more leeway when it comes time to tighten policy again. The prospects of early tightening continue acting as tailwinds on Treasury bond yields which could provide support at lower prices ahead. So, if the gold price drops for the technical perception, gold may not fall below the $1830 price zone. Instead, gold may go up again to the $1865/1870 price zone again. On the other hand, gold is dropping for both fundamental and technical both. As a result, gold has a high chance to drop nearly the $1800 price zone. We also should keep in mind that from December to February, most of the time, gold prices always rise for many reasons. We can discuss this fact in another article. So, if we find gold nearly at the $1800 price zone just keeping 300 pips stop loss, I think we may get 1000/1200 pips.
TVC:GOLD
by Gold_Trading_Expert
4
GOLD RANGING...AND UP AGAINAs I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect, as I told you last weeks ... GOLD went down hard and reached the 1763 area from where he climbed the 1793 pass and right over my 1837 target! in the next period I expect a retreat until the area 1823 or even a little lower and from there ... UP again until in the area 1914 or even above THIS WEEEK...as I said GOLD started the retracement movement before the expected climb and I will continue to be in SELL until my 1823, where I will reanalyze the whole strategy! GREAT ATTENTION: *This information is not a Financial Advice.
FOREXCOM:XAUUSD
by BloomFX_SIGNALS
1
XAU Buy/Sell + Exit TradesThe ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how to play it: How To Play The Chart Entries/Exits: Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat. All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
FX:XAUUSD
by ExclusivelyFX
5
Gold Weekly Analysis: Buying Pressure Persists (November:15-19)Gold prices have been on an impressive run the past few months, climbing from $1,540 at the beginning of September to a high just shy of $1,867 last week. However, that might be about all people who will get out if higher inflation numbers and geopolitical tensions continue weighing heavily into risk sentiment. It has seen increased expectations for rate hikes in America stimulate demand for precious metals over time despite their reputation as hedges against economic uncertainty or currency devaluation. This situation has brought fundamentals back into focus as risk sentiment for precious metals evolves in 2017-2018; we can't predict what will happen next, but it seems like things are getting interesting. It is expected gold has chances to test above $1900 or more. W hat happened last week? The 10-year US Treasury bond yield broke below 1.5% last week and lost more than 3%. It allowed gold to push higher at the start of the previous week. The Federal Reserve's Monetary Policy Committee Members were split over whether to raise interest rates this year or wait until next year. It caused a lot of turmoil within currencies around these parts - which have shown signs lately saying it may be time for economic stimulus again after everything calmed down during QE3 following Lehman Brothers' collapse. What About The Next Week? October's Retail Sales data will be released on Tuesday, and it's possible we could see a weaker-than-expected print which would revive concerns over inflation impacting consumer activity negatively. However, an upbeat reading may help risk flows return to markets limiting XAU/USD's upside movement. But gold, as long as above $1800, will be considered as an uptrend market. So, any downside correction may be the chance of buying opportunities. There are not so much market-moving data to be released in the next week. So, investors and traders will care about inflations, 0-year US Treasury bond yield moves, Retail sales reports, and any comments from FOMC policymakers. I think these four factors are enough to understand the gold market from the view of fundamental analysis. Technical View: Technically gold is in an uptrend, and there is no doubt. But gold stuck below the resistance level of $1875. So either we should buy gold after breaking above $1875 or after downward correction nearly $1850 price zone. H4 Chart From the present rate, immediate support is identified at the $1850 price zone. The next significant support shows the $1835/1830 price zone. I don't think next week's data are enough to break below the $1830 price zone unless any unexpected things happen. On the other hand, immediate resistance is identified at the %1870/1875 price zone from the present rate. Breaking above the $1875 price zone will open the door for the $1900/1910 price zone. I expect the market will ring next week between the $1875 to $ 1830 price zone if the retail sales report prints positive or the $1875 to 1900 price zone if the retail sales report comes negative.
TVC:GOLDLong
by Gold_Trading_Expert
1
GOLD RANGING...AND UP AGAINAs I said last weeks since March 21..after 8 months in which all my analyzes about GOLD were almost perfect, as I told you last weeks ... GOLD rejected again from the 1790 area and re-entered the range we were talking about! I will wait for it to reach the 1763 area again and reject it and I will give BUY again! I expect a small retreat and I see a continuation of the climb to 1837 from where I will reanalyze the whole situation! THIS WEEEK...as I said ... GOLD went down hard and reached the 1763 area from where he climbed the 1793 pass and right over my 1837 target! in the next period I expect a retreat until the area 1823 or even a little lower and from there ... UP again until in the area 1914 or even above GREAT ATTENTION: *This information is not a Financial Advice.
FOREXCOM:XAUUSD
by BloomFX_SIGNALS
6