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Xauusdsetup

Multiple Timeframe Update On Gold (XAUUSD) As said yesterday Gold came up to 1927 point to clear the Fair Value Gap and move into it direction, The Metal would come up to visit the unmitigated gap at 1924.59 and 1916.23 in both the 1HR and 4HR Timeframe before a reversal to the downside, as we are determine to sell the metal we are also aware of the possibility of a bull move to 1947.013 because in the higher (Daily) Timeframe the metal is still Bullish. our plan to buy dip is still key. Gold only become full Bearish when it breaks the 1895.3 support level. Bullish Target; 1925.3, 1930.99, 1947.03 Bearish Target; 1910.2, 1905.3, 1895.3 1882.5 Dont forget to hit the like bottom, share, comment, and follow #Vimhype
OANDA:XAUUSDShort
by Vimhype
XAUUSD - Sell idea for a RRR of 19.6:2Hello everyone and Eid Mubarak, I hope you have a wonderful trading week so far. I would like to share my trade idea for $OANDA:XAUUSD. Currently closed 80% of my longs from 1895 and letting rest run till our entry for Sell as we see a potential continuation down. We are risking 2% on this trade for a RRR of 9.8:1. Meaning 19.6% gain for 2% risk. I am interested to hear your thoughts and opinions on this matter. Good luck to everyone and have a productive trading week ahead. Best regards, Enzo
FX:XAUUSDShort
by IamEnzo
XAUUSD: What will gold look?TECHNICAL ANALYSIS: In chart D1, the upward trend remains evident. However, due to the growing economic and war situations, there is a significant chance that gold will continue to surge. There is still a likelihood of a trend reversal and a breakout from the uptrend when EMA 34 and EMA 89 start to turn and intersect. The RSI is still below average, indicating a precarious situation. Traders are advised to exercise caution before making any trades. Market overview: Gold prices rose by 1% on Thursday but retreated from five-day highs on Friday due to the strengthening of the US dollar, which recovered after the end-of-the-week flows and adjustments ahead of the upcoming US Consumer Price Index inflation data and the Federal Reserve policy announcements. Despite the Greenback bulls bouncing back on Friday, the US Dollar ended the week in the red for the second time in a row, which brought some comfort to Gold prices. The US Dollar followed the minor rebound in the US Treasury bond yields across the curve, although United States government bond buyers remained in the game amid renewed economic concerns and heightened expectations of a Federal Reserve rate hike pause on Wednesday. Markets have predicted a 76% probability that the Fed will keep its Fed funds rate in the 5.00%-5.25% range when its two-day meeting ends on Wednesday. The recent series of downbeat economic data from the United States revived hopes of a halt to the Fed’s tightening cycle. Early Monday, Gold prices remain vulnerable, with the US Dollar consolidating its upswing on Friday amid a cautiously optimistic market mood, as investors gear up for the key event risks of this week. The US CPI data will be released on Tuesday, with the market expecting the headline annual CPI figure to rise 4.2%
OANDA:XAUUSDLong
by Sphyn-Trader
21
Gold responds to dollar and interest rate events not Russia news While gold has traditionally been viewed as a haven asset that can protect against geopolitical risks and economic downturns, we've noticed that it has only been responding to news related to the dollar and interest rates. This tepid response to recent events such as the Russia coup is concerning, as it suggests that gold may not be the reliable investment we once thought it was. As investors, it's essential to prioritize our investments with better options that can provide us with greater security and potential returns. I encourage you to explore other investment opportunities that offer more stability and protection against a volatile market. In conclusion, I urge you to take a cautious approach to your investments and consider diversifying your portfolio with alternative options.
OANDA:XAUUSD
by bryandowningqln
XAUUSD: 1907 or 1952? Last Friday, gold rebounded, broke through 1923, rose to 1937 resistance and then fell back. In the process of backtesting support, it directly fell below 1928-1923 and reached our target of 1918. Over the weekend, the Wagner incident broke out, and the risk aversion sentiment made gold open higher today, recovering 1928 again. Observing the 1h chart, it has signs of trying the resistance of 1937-1939 again, but only when the support of 1928 is effective, it has a chance. If it falls below 1928-1923 again, then it will be more difficult to go up to 1937 . The bears will attack again!
FOREXCOM:XAUUSD
by Roey_