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Xuausd

xauusd - GOLDGOLD SOLD AND HIT STOPLOSS LAST NIGHT! due to positive USD news this morning gold, fell more making a stop at the 1775 price level TONIGHT, WE BUY GOLD AGAIN! buy gold at 1777, if this support level can hold gold will continue to make higher highs CPI news for the USD comes out at 12/10/21 @ 8:30am Newyork if this news is negative I can see gold reaching the 1790 price level. buy gold through London session and close trade before Newyork opens. (don't trade the new) *I currently have 3 positions open for gold. I will leave one open during Newyork session
FOREXCOM:XAUUSDLong
by nikdobii
GOLD BTC OR S&P500?18 Months after COVID-19 surfaced, the world economy is on its knee's. We are looking at inflation close to that of 2008/2009 in many countries. A recipe for disaster. Stocks struggle earlier this year as many expected inflation to be sky high since Uncle Sam at the FED printed 21% of all circulating dollar in history. Yes you heard that, Since the dollars creation 21% of the dollar that exists was printed due to covid. Weird, were is the money going? Everyone still broke right? People have less, well i can say for sure the poor(us) are definitely poorer and the rich well unaffected or richer as usual. Covid was a beautiful beautiful scam. Not saying it was fake as thats pure stupidity, but for sure countries and governments decided to monetize this tragedy. While most lost family and friends the rich made more as usual. The evidence is clear. Regardless, US bonds yields which we expected to react to the inflation news took the opposite affect. Instead we saw NASDAQ jump an insane 1.7%. Which in stock terms is insane. This is due to the fed promising to keep borrowing interest rates at zero. Essentially the US market which leads the world, sadly, (like the way BTC is leading crypto again sadly) is surviving on printing more. The government or the FED to be more accurate print money and buy stocks and borrow to the rich owners of business's. This is not a secret its called QUANTITIVE EASING. There is no evidence this works, only been tried once in 2008/9 but its not clear if it made us recovery since many techniques were tried. All in All most may have got here and thought what is this young man waffling about. Well look, The US market is showing strength when it really shouldn't i don't believe this quantitive easing will work and if it does its a matter of delaying the explosion of the bubble which is the American stock market. Also the terrible USD will probably lose a lot of value which it has been doing for years now. So WHATS THE SOLUTION YOU ASK? B T C. Love it or hate it. It is digital gold. Anyone disagree's with me is doing so out of pure ignorance. BTC is clearly more significant than gold in all aspects of Money storage or hedging against inflation. The S&P500 which was the old hedge will go to shit and if it doesn't 5-10% a year isn't that appealing is it? Long term BTC has proven to be the best hedge and In my opinion is better valued than the bubble which is the US stock market. I also believe in buying gold as a hedge. All in all we MAY see some what of a super cycle with this terrible US mess of a market which is slowly unravelling. 2020-2021 will have movies about it. How so many profited from Covid crash and the market crash which is approaching. Meme stocks and crypto will feature. Be a part. Anyways ima go back to enjoying the sun.
FOREXCOM:XAUUSD
by ridhabouh99
xauusd - GOLD 1hrGOLD is still making higher highs and higher lows on the 4hr n daily which is very bullish but... creating a upwards wedge with decrease in volume is not bullish. taking a look at the 1hr we see big red candles! bearish short term. look for liquidity price action: (sell) en 1902-1905 sl 1912 tp 1881 if price continues to follow the trend then price should very well buy after touching the 50ma watch the 50MA trend: (buy) en 1903 sl 1893 tp1 1920 tp2 1927 early entry RIGHT NOW buy @1897 and hold to a higher high. tight sl @1893
OANDA:XAUUSD
by nikdobii
What's coming for dollar and linked pairs to it.(EurUsd, Xuausd)If we observe the US dollar index on monthly timeframe, we can observe that currently it's in the correction phase. If we look at the past support and draw a Fibonacci retracement it shows that support levels falls at 38% of that which gives us a clear picture of it too. So as soon the dollar index completes its correction it will start going up which will affect the pairs linked to dollar like, eurusd, xuadusd, etc. As soon it will start going up better position for these pairs will be to sell. I hope you like the analysis. If you something more to share go ahead.
TVC:DXY
by dan046