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Xauusdlong

XAUUSD: USD exchange rate today (September 11): Domestic and intUSD exchange rate today in the world The USD increased slightly compared to some major currencies in the last trading session, consolidating the gains at the beginning of the week, ahead of important inflation data. Safe-haven currencies such as the yen and Swiss franc also rose amid sharp declines in bank stocks, after the US Federal Reserve's managing director outlined plans to increase capital of large banks by 9%.
OANDA:XAUUSDLong
by Chart_MasterPro
A sharp reaction to the news A sharp reaction to the news The XAU/USD market is driven by several macroeconomic factors, including interest rates, inflation expectations, geopolitical tensions, and overall risk sentiment in global financial markets. To understand how the price of XAU/USD might behave in the near term, let's examine the key factors at play: 1. Current Market Environment: Global Inflation: Persistently high inflation typically supports gold prices as gold is considered a hedge against inflation. If inflation remains elevated, investors might continue to seek gold as a store of value. US Dollar Strength: Gold prices are inversely related to the US dollar. A strong dollar can push gold prices lower as gold becomes more expensive for buyers in other currencies. Conversely, if the dollar weakens, gold prices can rise. Interest Rates: Central bank policies, particularly the US Federal Reserve's stance on interest rates, play a significant role. Higher interest rates increase the opportunity cost of holding gold (which doesn’t pay interest), potentially leading to lower demand. On the other hand, a dovish stance or rate cuts support gold prices.
FXOPEN:XAUUSDShort
by seventhlab
CPI! Gold price has a chance to reach ATH⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) have maintained a positive trend for the third consecutive day on Wednesday, hovering near the weekly high around $2,520. However, buying momentum is limited as traders await the US Consumer Price Index (CPI) data later in the day. This report will be crucial in shaping expectations for the Fed’s rate cut decision in mid-September, influencing gold's movement. The anticipation of a Fed rate cut is putting pressure on the US Dollar, while weaker equity markets are supporting demand for safe-haven gold. Despite the cautious trading, the outlook remains bullish, with further gains likely if prices break above the $2,525 level. ⭐️ Personal comments NOVA: Gold prices are gradually showing a more stable price increase - CPI opportunity for today's price increase ⭐️SET UP GOLD PRICE: 🔥BUY GOLD zone: $2501 - $2499 SL $2494 TP1: $2510 TP2: $2520 TP3: $2530 🔥SELL GOLD zone: $2528 - $2530 SL $2535 TP1: $2520 TP2: $2510 TP3: $2500 🔥SELL GOLD zone: $2543 - $2545 SL $2550 TP1: $2535 TP2: $2520 TP3: $2510 ⭐️ 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
OANDA:XAUUSDLong
by Nova-Scalper
11
XAUUSD: Before CPI is announced, buy if 2500 does not breakFrom the hourly chart, we can see that the 0.5 Fibonacci retracement is 2507, and the swing level of 2500-2505 has now formed a breakout pattern, so this range has now turned into support. Now as long as it can break through 2507, the gold price is likely to form a high again and try to touch the 2530 line. So far this week, the volatility is not large. The market seems to be waiting for tomorrow's CPI data. Before the release of CPI, there is almost no data that can affect the trend of gold. Therefore, I think before CPI, the support below is solid. The key is to look at the 2500 integer mark. As long as it is not broken, I will be bullish before CPI.
TVC:GOLDLong
by AntonyTP
Gold Analysis==>>Double Bottom Pattern==>>Short termGold is near the Heavy Support zone($2,484-$2,431) and moving Support lines . In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Double Bottom Pattern . Also, Regular Divergence (RD+) between Consecutive Valleys . I expect Gold to rise to at least $2,518 . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
6
XAU ! 9/10 ! The uptrend continues.XAU / USD trend forecast September 10, 2024 Gold (XAU/USD) is exchanging hands above $2,500 on Tuesday, sticking within its familiar range of the last few weeks as traders assess the outlook for monetary policy and the future path of interest rates in the US, a key performance indicator for Gold. Recent mixed US jobs’ data brought into doubt market expectations of the Federal Reserve (Fed) making an above-standard 0.50% (50 bps) cut to its fed funds rate at the September 18 meeting. This, in turn, had a negative impact on Gold, which tends to appreciate the more interest rates fall because that increases its attractiveness to investors as a non-interest paying asset. Based on M30, resistance and EMA 200 line, TRENDLINE to set up SELL signal /// SELL XAU : zone 2520-2523 SL: 2528 TP: 50 - 150 - 200 pips (2503) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
The world is optimistic, gold bounces strongly to the 2500 areaGold Price Forecast Experts expect that the opportunity of the Fed reducing hobby costs through 25 foundation factors is increasing, that could make gold charges prone withinside the close to time period. Ole Hansen, head of commodity method at Saxo Bank, predicts that the August jobs variety isn't always sufficient for the Fed to reduce through 50 foundation factors on September 18. This is not going to assist gold attain new highs. Christopher Vecchio, an analyst at Tastylive, predicts that regardless of short-time period volatility, withinside the lengthy time period, the treasured metallic will continue to be an appealing funding as worldwide authorities debt rises and hobby costs fall. --- XAUUSD sell 2515-2520 SL 2532 TP 2500 TP 2490 TP 2480 TP 2470 --- Buy/Sell Scenario: 🟢 Buy: * Break above 2529.27 with a full body candle close. * Retest of the bearish OB resistance line that failed on the 1-hour timeframe. * Formation of a bullish engulfing candle in the 5/15-minute timeframe to take advantage of a Buy opportunity towards 2550 and potentially higher. 🔴 Sell: * Retest of the bearish OB resistance line on the 1-hour timeframe at 2508.26. * Formation of a bearish CHOCH candle in the 5/15-minute timeframe with a full body candle close. * Retest of a bearish CHOCH candle to take advantage of a Sell opportunity towards 2470 and potentially lower.
OANDA:XAUUSDShort
by TheLeader_WOLF
XAUUSD: Bearish Strategy Amid Resistance Levels Today’s bullish trades have been relatively smooth, with the price now hovering near a key resistance zone. From a technical perspective, if a breakout occurs, the next upside target would likely range between 2510-2518. However, if the price fails to break through this level in the near term, there is a high probability that we will see a move towards the 2452 support area later this week. Overall, the primary focus for this week remains selling at higher levels.
OANDA:XAUUSDShort
by Mia-Signal
1
Key Levels and Targets for Gold Trading Following Friday's significant decline, gold's technical indicators are showing signs of recovery, suggesting a short-term buying opportunity at lower levels. The upper resistance zone is between 2508 and 2514, which appears strong based on current market conditions. The probability of a direct breakout above this zone is low. Therefore, if the price reaches this resistance area, consider short-selling opportunities. For this week, the initial short-term target for the downside is in the 2478-2472 range.
OANDA:XAUUSDLong
by Mia-Signal
GOLD H1 Chart analysis 100%Hello Traders! Follow the instructions. If the price consolidates between $2498 and $2497, gold may touch the $2480 level before bouncing back to $2528. A break above the strong resistance level could potentially send gold to new all-time highs (ATH). Bullish Opportunities: 1. 2495 - 2490 2. 2477 - 2487 Bearish Opportunities: 1. 2525 - 2530 2. 2546 - 2560 (Only if the Strong resistance level Breaks and Gold Reaches its new high). Possibility: waiting for geopolitical situation as it getting worsting. I'll Update as it needs to be updated. Use proper risk management Or money management and follow my instructions properly. Don't forgot to support by liking or following!!
FOREXCOM:XAUUSDLong
by sabellaFX
XAU/USD imminent buys or rally from 2,460.000I anticipate that gold is gearing up for another rally to sweep the liquidity pool formed along the trendline. Price could either break past the 10-hour supply zone, potentially reaching a new all-time high, or we might see a short-term decline from this zone, pushing the price down to the 19-hour demand level. If the price reaches this demand zone, I expect it to consolidate on the lower time frames, after which gold may expand to the upside. While we're currently seeing a reaction at the present demand zone, I believe it might eventually fail due to the significant liquidity on both sides. Confluences for GOLD Buys: - There is significant liquidity to the upside that remains untapped. - Price shows strong bullish momentum on both higher and lower time frames. - A clean, unmitigated 19-hour demand zone is present. - There are equal lows above the demand zone, suggesting a potential liquidity sweep before price expands. P.S. As the price has already reacted to the current demand zone, I will be holding off for now and either wait for a short-term sell from the supply zone or until the price reaches the 19-hour demand zone. Have a great trading week, everyone!
OANDA:XAUUSDLong
by Hassan_fx
1
XAUUSD: SELL@2514-2528 Gold has a significant support level around 2488. If it breaks this level again, the price is likely to fall further to around 2452. Tomorrow's NFP (Non-Farm Payrolls) data will be released, and given today's ADP data being bullish for gold, there is a high probability that tomorrow's NFP data will also be favorable for gold, barring any unexpected outcomes. However, it is important to watch the market before the data release—if there is an early rally, there is a possibility that the price may see a brief spike after the data release, followed by a sharp decline. If the data comes in surprisingly negative and is bearish for gold, a short position can be taken directly.
OANDA:XAUUSDShort
by Mia-Signal
NFP Data: Key Trading Opportunities for Gold Gold has returned to around 2520, with resistance still quite evident. With only one and a half hours left before the data release, market volatility is expected to remain limited. Based on yesterday's data, the likelihood of today’s data being bullish is higher. There are two trading strategies to consider: The first is to go long before the data release, but keep a tight stop-loss to guard against a surprise bearish outcome. If there’s a profit, close the position promptly. I estimate that if the data is bullish, the price could rise by approximately $15. The second approach is to wait for the data release and then enter a short position, aiming for a medium-term trade. Given that the current price is already at a relatively high level, even if there is a spike after the data release, it will be challenging for the price to maintain a sustained upward trend.
OANDA:XAUUSD
by Mia-Signal