Xauusdsetup
Unveiling Gold: A Financial Analyst's PerspectiveIn the realm of finance, gold stands as a steadfast pillar, embodying stability and value. As a financial analyst, exploring the intricacies of gold reveals a wealth of insights into market dynamics and investment strategies.
Gold's enduring appeal lies in its dual role as both a commodity and a currency. Its scarcity, intrinsic value, and historical significance make it a sought-after asset, particularly during times of economic uncertainty.
Understanding the factors influencing gold prices requires a comprehensive analysis of global trends and macroeconomic indicators. Geopolitical tensions, central bank policies, and currency fluctuations all contribute to the volatility of the gold market.
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As financial analysts, navigating the complexities of the gold market involves diligent research and astute analysis. Examining historical trends, assessing supply and demand dynamics, and staying abreast of geopolitical developments are essential for making informed investment decisions.
In conclusion, gold remains a cornerstone asset in the financial world, offering stability and diversification benefits to investors. By viewing gold through the lens of a financial analyst, one can gain valuable insights into its role within the broader economic landscape and capitalize on emerging opportunities.
27/3. Will gold prices drop significantly? No, it will continue
26/3. The trend of gold is very science fiction. Like a roller coaster. When it went up, it killed the short sellers. When it fell, it killed the bulls. Dual phase harvester. But I made some profits in both directions yesterday. Friends who are paying attention know it. Yesterday, the gold market once again shot up to 2200 points and then fell back quickly. The reason is a boost in risk aversion. USD pullback. and ECB talk. It gave gold a big boost. However, gold did not stabilize when it rose to 2200, but fell back quickly. It closed near 2177.
There is no particularly big trend at the beginning of today's Asian game. Maintained within a narrow range around 2177. Observed at the daily level, the market is still consolidating at a high level. Observing the hourly line, gold bulls are eager to try. Want to continue to rise. I am more optimistic about the continued rise of gold. News: The Gaza ceasefire agreement is like a bomb, which may explode at any time and increase risk aversion. This keeps the lower support at 2165-2171. Personally, I prefer to buy during day trading.
XUAUSD:2172-2174 BUY
TP:2186
SL:2163
Remember to close the order in time to make profits when operating.
XAU/USD | GOLDSPOT | New perspective | follow-up detailsGold closed last week deeply entrenched in negative territory, facing strong headwinds from a resilient US Dollar (USD) which hindered XAU/USD from capitalizing on declining bond yields. The Federal Reserve's March meeting highlighted the urgency for policymakers to consider interest rate reductions, despite recent inflation reports suggesting a potential reacceleration. This initially propelled XAU/USD to reach new all-time highs, albeit briefly.
Presently, the US economy exhibits signs of resilience, with the Federal Open Market Committee (FOMC) projecting a growth rate of 2.1% for 2024, up from the previous estimate of 1.4%, while maintaining the Unemployment Rate at 4%. Attention now turns to inflation metrics, particularly the Personal Consumption Expenditures (PCE) index, favored by the Fed, which is anticipated to reach 2.4%, with core PCE projected at 2.6%, an increase from 2.4%.
As we prepare for the upcoming week, this video serves as a guide to navigating the current market dynamics, offering insights into potential strategies amid these shifting economic conditions.
XAUUSD Technical Overview:
In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviours, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities.
Our focal point for the week is the $2,145 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,145 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment.
#GoldMarket #SafeHavenAssets 📺🔔💼
Disclaimer Notice:
Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy.
It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances.
Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it.
Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
XAUUSD will continue to fall + attached trading instructions
XAUUSD follows huge profits last Friday. It closed at around 2154.5. Driven by the weekend's news, the market fell again on Monday and hit a new low, with strong short positions. After the Asian session started on Monday, the XAUUSD market hit the 2157 position, but did not stand firm. Then it plummeted to the 2146 line. After several hours of consolidation at the low level, the market quickly returned to above 2160. The highest reached a position near 2163.6. Finally, it closed near 2160.
Observed based on Monday's market, the market is obviously still in the stage of long and short competition.
News: Expectations for interest rate cuts have declined. Geopolitical weakness. As well as a small-scale recovery of the U.S. economy, these are the conditions for bears to take advantage. Looking back at the bulls: the probability of an interest rate cut has dropped to 50%, which undoubtedly reduces the resistance to the rise of the US dollar, and at the same time, the risk aversion caused by the war has cooled down. This gives gold a lot of resistance when it rises.
Technical aspect: The currently maintained vicinity of 2160 is still a very important level for the long and short competition. 2160 serves as the front support and pressure switching position. Currently, it is due to the rebound of gold yesterday that has driven the rise of the market, but I think the space above is not very big. . And the upper 2163 has not yet completely broken through. Even if the entity breaks through. The 2168-2172 above is also a very important short-term strong resistance position. In addition to the news, there is still nothing that can make gold rise sharply. So I think the market can still mainly sell gold.
Operation suggestions:
Sell near 2161-2164
TP:2148
SL:2176
When trading as a non-VIP member, remember to control trading risks. Control the number of transactions.
XAUUSD:Today’s Data Trading Strategies
The indicators on the 1h chart are also trending towards the short side now. It depends on whether the support in the 2185-2181 range is effective. In my opinion, the probability of falling below is greater.
At the same time, there is data released today. Judging from the data released last week, today’s data has a higher probability of being beneficial to the bulls. If the market falls back to the 2174-2169 range before the data is released, you can trade longs first.
Pay attention to the resistance of 2186-2192. If there is no breakthrough, go short.
If the data does not match expectations, it will be beneficial to short sellers and go short directly.
Unlocking Opportunity on Gold (XAU/USD)💰1. **Trading Opportunity Alert**:
- Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉
- But wait! A break and retest? That's like a secret passage opening up. 🗝️
- Traders, grab your maps and compasses! 🗺️
2. **Geopolitical Scenarios and Gold**:
- Geopolitics? It's like gold's secret rendezvous with drama. 🌎
- When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸♂️
3. **Fed Rate Cuts and Gold Prices**:
- The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄
- When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫
- Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸
- **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀
- Picture gold as James Bond: cool, collected, and ready for action. 🕶️
Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟
Disclaimer: This is not financial advice, must make their own decisions.
Unlocking Golden Opportunities💰1. **Trading Opportunity Alert**:
- Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉
- But wait! A break and retest? That's like a secret passage opening up. 🗝️
- Traders, grab your maps and compasses! 🗺️
2. **Geopolitical Scenarios and Gold**:
- Geopolitics? It's like gold's secret rendezvous with drama. 🌎
- When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸♂️
3. **Fed Rate Cuts and Gold Prices**:
- The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄
- When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫
- Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸
- **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀
- Picture gold as James Bond: cool, collected, and ready for action. 🕶️
Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟
Disclaimer: This is not financial advice, must make their own decisions.
XAUUSD:2178-2174 support, go long
Today we successfully touched the resistance of 2183. There is a high probability that there will be a pullback near 2185-2189, but the bulls are not done yet. The pullback supports 2178-2174.
Go long again without falling below the support. The strong resistance this week is around 2192-2196. If there is news to cooperate, it should be able to touch around 2202, when shorts will dominate.
The Golden Thread: Insights from a Financial AnalystAs a financial analyst with a keen eye on market trends, I am often drawn to the timeless allure of gold and its intricate role within the global economy. In this discourse, I aim to unravel the multifaceted significance of gold as perceived through the lens of financial analysis.
Gold, with its lustrous sheen and unparalleled scarcity, has long captivated the human imagination. Beyond its aesthetic appeal, gold serves as a cornerstone of stability in the tumultuous world of finance. As a safe-haven asset, it offers investors a hedge against volatility and economic uncertainty, preserving wealth through times of crisis.
Moreover, gold's intrinsic value transcends cultural and historical boundaries, making it a universal symbol of wealth and prosperity. Its role as a store of value dates back centuries, underpinning the monetary systems of ancient civilizations and shaping the modern financial landscape.
From a portfolio management perspective, gold's low correlation with traditional assets presents compelling opportunities for diversification. Its ability to mitigate risk and enhance risk-adjusted returns makes it an invaluable component of well-balanced investment strategies.
Furthermore, gold's utility extends beyond its monetary value. With applications ranging from jewelry to electronics, gold plays a crucial role in various industrial sectors, ensuring sustained demand and market liquidity.
In the face of evolving economic dynamics and geopolitical uncertainties, gold remains a steadfast anchor in the investment universe. Its enduring allure as a tangible asset with intrinsic value underscores its resilience amidst changing market conditions.
As we navigate the complexities of the financial world, it's essential to recognize the significance of gold as more than just a commodity. It represents a timeless symbol of stability, wealth, and enduring value—a golden thread that weaves through the fabric of human history and financial markets alike.
In conclusion, gold stands as a testament to the enduring power of beauty and value in an ever-changing world. As a financial analyst, I encourage investors to embrace the insights gleaned from this timeless asset and to appreciate its role in shaping the landscape of modern finance.
The bulls or bears have not yet shown their absolute strength-gold these days has no sturdy fluctuations in news, so we are able to nonetheless observe yesterday`s plan.
-GOLD complete residence Canh Sell across the location 2176>2180
SL 2182
TP 2166>215x.
(You can do not forget dividing the buying and selling extent and promoting from 217x-218x)
-It's essential to usually control your capital and feature SL.
-In my opinion, GOLD has now no longer but damaged thru the region I analyzed and it has now no longer but extended Strong, everyone. Take it slow with this plan, do not rush everyone!!
----NEWS------------
Prices for the yellow steel rose barely in early buying and selling as traders awaited key monetary records and feedback from US Federal Reserve (Fed) officers this week for in addition confirmation. loosening financial coverage of americaA Central Bank.
The marketplace is presently awaiting weekly preliminary jobless claims records to be launched on March 28 and center private intake expenditure index (PCE) records predicted to be launched. the day after that. However, due to the fact the marketplace could be closed this Friday because the US closes for the Good Friday holiday, PCE records will now no longer have an effect on gold till early subsequent week.
Research professional Kunal Shah of Nirmal Bang Commodities predicts that US inflation signs could have a substantial effect at the gold marketplace. According to him, any PCE parent decrease than predicted will weaken the USD and push up gold costs and vice versa.
However, Shah stated, the long-time period outlook for gold stays vivid because of expectancies of a coverage pivot this year, robust call for from principal banks and ongoing conflicts.
TD Securities commodity strategist Bart Melek predicts that gold should without problems hit $2,300/ounce or better withinside the 2nd area as buyers who've up to now been hesitant to go into the marketplace may also greater boldly while the opportunity of hobby fee cuts is confirmed. However, robust monetary records should ship gold costs decrease.
World gold costs set a brand new top final week after Fed Chairman Jerome Powell stated americaA Central Bank nevertheless has the capacity to lessen hobby quotes through three-quarters of a percent factor in 2024. Traders are pricing 70 % possibility that the Fed will reduce hobby quotes in June, expanded in comparison to earlier than the coverage meeting.
In addition, the statements of a chain of Fed officers this week also are awaited through the marketplace.
GOLD Near Selling Area , Is It A Good Place To Sell ?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.
XAUUSD:It will fall below 2100
Our short trade was very successful today with considerable profits. Congratulations to those who followed.
At present, in the 30m chart, the indicator needs to be repaired, so in tomorrow's session, the trade will be long at a low level first. After rebounding to around 2186-2192, observe the resistance. If it cannot break through, start shorting. The strong resistance is around 2196-2202.
If the resistance cannot be broken through, the support below will first be considered around 2169, followed by the 2161-212 range.
In the 3h chart, the short trend is now more obvious, and the demand for indicator repair is strong. Therefore, large-level transactions are mainly short, especially above 2200. You must not be greedy when doing long.
If there is a profit, close it in time. The risk of short position is relatively much smaller.
After all, the market has risen so much, and if it goes up again, it will be a new high. This requires the bulls to be very strong, and at the same time, it needs the cooperation of the news to be completed, but there are not so many conditions for the downward trend.
The above is my opinion on the future trend of the market. I share it with you for your reference. If you have any questions, you can leave me a message. I wish all my friends can make a lot of money!
XAUUSD:Go long first, then go short on Monday
The indicators in the small-level chart began to show the weakness of the bulls, but the bulls at the 1h level have not yet exerted force, indicating that there is still room for upwards.
After the market opens on Monday, we will continue to pay attention to the resistance breakthrough of 2169 first, followed by the vicinity of 2174-2183. If it can break through, we can look upward to the vicinity of 2188-2192.
After that, we will start to go short, because if it goes up again, the resistance will be very strong. Without news stimulation, it is basically impossible to rise much further.
This is a perspective that will benefit you a lot
Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you.
This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at a high level, and it is a historical high. The reason why it has reached this position is more due to the impact of the news.
Now this tense situation has gradually eased. In such an environment, a fall in gold prices is actually an inevitable phenomenon.
Always remember one sentence, when things go to extremes, they must reverse. This applies to any environment. Everything has a limit. Beyond the limit, there will inevitably be a turning point. This is the truth of life, and it also applies to trading. Because trading is done by people, there is no way to escape from this circle.
Putting this aside, the technical form now also needs a major level of repair. In the 1D chart, MACD has formed a top divergence and is about to form a dead cross.
In this case, as long as there is no big news that is beneficial to gold bulls, such as wars, disasters, etc, its decline is a high-probability event and does not require too much consideration.
This large-level trading trend is what we need to focus on, because once the trend is formed, it is possible to fall below 2100 or even 2060. Such a large space is enough for us to make a big profit.
If you understand my point of view and can understand it, I think you now know what to do. If you don't understand, it doesn't matter. Leave me a message and I will give you the answer.
XAUUSD GOLD Technical Analysis and Trade IdeaXAUUSD (Gold) has been on a strong bullish run. However, expect a possible further retracement as the market seeks liquidity and to rebalance. This could present a counter trend sell opportunity along with a buy opportunity at prior support levels (see chart markup in the video). The risk of further downside remains, so prioritize strict risk management. This analysis is for educational purposes only, not financial advice.
XAUUSD: Beginning of the big move, what do you think?Dear Traders,
Gold had rejected at 2196$ and rejected at that level showcased, price has touched pivot point, since then price has been consolidating between 2150-2172, however, we may see price dropping from our area of entry. There are two targets first one at 2130-2135 and then 2090-2080.
Like and comment if you agree with our idea.
Good luck and trade safe.§
XAUUSD:It will fall again
When it came to around 2145, it started to rebound. I hope everyone followed my point of view and made money!
At present, it has signs of falling back. Pay attention to the support of 2157-2152. If the support is effective, it will rise again. 2164-2172 will still be resistance.
If it falls below the support, it will fall to a lower position, and 2145-2134 will become an important support range.