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Xauusdsetup

#XAUUSD-AN HIGHLY PROBABLE SELL ENTRY!!GOLD price declined as the ongoing banking crisis turmoil somewhat eased and indicies and other stocks started recovering the fall that they faced in last week. The recent data also indicates a weak DXY though what we are seeing here is, we expect price to drop and create a stable market structure to attract new investors. Upcoming weeks will be crucial due to one major reason if the data predicts higher inflation rate, then GOLD will be volatile and in that case more investors will eyeing. GOOD LUCK AND TRADE SAFE
OANDA:XAUUSDShort
by UnknownUnicorn52780235
8
Is gold making a strong comeback?Gold rose sharply during the US market session on Thursday and rushed to the 1980 mark, reaching as high as near 1985.The dollar index fell sharply during the day, narrowly guarding the 102 mark.Intraday gold currently continues to maintain a level near 1980.Judging from the daily chart, the gold price has been swept for four consecutive trading days, and the daily line alternates between yin and yang, and the overall range still maintains a sweep back and forth. From the intraday point of view, although the daily K-line has closed the upper and lower hatched Yang lines, it has not been swallowed up by the bullish.Only the 1990 bulls on the daily line will hit the 2000 line again.Therefore, bullish below 1990 does not chase up, beware of the possibility of the main force inducing more market washing.If it breaks through 2002 strongly, it is a strong pattern. Therefore, for the time being, I am not in a hurry to fully look long. I have not yet come out of the complete long structure. At present, the 4-hour K-line is blocked and the recent high is suppressed, and the overall is still running downwards. Although the gold price rebound has a certain strength, under the premise of not breaking through 2002, I personally expect that the continuity is not strong. Based on this trend, it returns to today's specific market trend: it is currently in a state of slightly more volatility, and gold is currently stagnant in the 1980-1985 area.In terms of support below: In the bearish form, it is safer to go long relying on strong support, that is, 1974-1975 will not break, look at the rebound. Short-term trading reference; 1.Buy gold near the 1974-1975 position, stop loss level 1970, take profit level 1984 2.Sell gold near the 1984 position, the stop loss level is 1990, and the take profit level is near 1975 In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
OANDA:XAUUSDLong
by Short-term-king
Gold Trading Strategy ( XAUUSD ) March 30, 2023Gold price ( XAU/USD ) is trading comfortably above $1,950 after peaking around $2,000 thick resistance. Meanwhile, Silver price (XAG/USD) is trending up continuously with less volatility up and down and is trading above $23 level, still has room to make up before hitting all-time highs. year-to-date in early January about $24.50. Gold price trades precariously while waiting for US PCE inflation, China PMI Gold trading has been mostly volatile for most of the week as the volatility seen over the past two weeks, with bank bankruptcies and key central bank meetings catching all the attention, has declined. gradually. The market is now looking ahead to the next Federal Reserve meeting in early May and will spend the whole month of April trying to figure out the possibility of more rate hikes to combat relentless inflation before the official announcement. The inevitable easing monetary policy of the US central bank begins. The next high-profile event to start figuring that out is the US Personal Consumption Expenditure (PCE) Price Index released on Friday, the Fed's preferred inflation gauge. Friday will be a day of high-risk trading, including the release of China's Purchasing Managers' Index (PMI) – China is the world's largest Gold market - and end-of-quarter trading flows. . Until then, Gold prices are likely to stay in range, along with steady US Treasury yields and the value of the US Dollar Index. Support level: 1,944.00 1,932.65 1,921.80 Resistance: 1,970.30 1,977. 40 1,988.30 Trading recommendation: BUY XAUUSD 1931 1930 Stop Loss : 1928 Take profit1 :1939 Take Profit 2:1947 Take profit 3: 1957 SELL XAUUSD 1983 1985 Stop Loss : 1987 Take profit 1:1973 Take Profit 2: 1968 Take profit 3:1950 Note: Always install Stoploss and Takeprofit to ensure safety in trading
OANDA:XAUUSD
by DNAchampions
XAUUSD - GOLD CURRENT SITUATION#XAUUSD According to the analysis we gave to XAUUSS earlier, the DOWNSIDE WAVE, GOLD went down very fast. Due to the POSITIVE SENTIMENT against the dollar, US10Y rose due to this. Then Ibem became a GOLD SELL. Some FED COMMENTS and NFP DATA were very helpful. But last day all those LABOR DATA and INFLATION DATA INDICATORS were POSITIVE, so GOLD was slightly SELL. It is definitely a very important indicator for the FED. Currently, MARKET RISK is being OFF. CPI DATA was quite POSITIVE this week. Anyway, we expect that GOLD will go UP to 2050 LEVEL. After that, GOLD may go down to the 1855 level with the FOMC UPDATE. Be careful..
OANDA:XAUUSD
by benny_marshall
XAUUSD Bullish OB retest LONG 4HRDisregarding the current state of the world economy (BRICS countries selling US Bonds, loading up on Gold) From a PA standpoint, we have some more upside to Gold. Things to note - From the month chart, I have outlined equal highs of untouched liquidity. Marked by the large wave (Always look for equal highs to be a magnet) - On the 4hr, price is about to retest a bullish OB indicated by the 2nd cow. From here i fully expect price to run up to the bearish OB and touch the liquidity resting above. I expect Gold to continue upwards to the monthly equal highs and swim in those waves amongst the whales above 2072
EIGHTCAP:XAUUSD
by UnknownUnicorn45242920