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Xausud

Its Clearly Over For Bulls XAUUSD Sell Short!Price has gone dramatically up for 10 days straight. Lots of FVGs Below and Price must Refill this Because we are talking GOLD (Xauusd) not some Low Caps Crypto so Price Must go Down to Fill Orders and take Liquidity. We have CPI coming today March 12 (Tuesday) Feds aren't going to Cut Down Rates Immediately and we see a Big Gold Retracement. Worst thing that can happen is we can see a double sided move, like first Touching 2202 and then Going Down to 2150 and then further to 2080 and so on...
OANDA:XAUUSDShort
by iamkhizar
2
XAUUSD: The upward momentum has not stoppedOn H1, the EMA technical indicator clearly indicates an upward trend. By using Fibonacci, I anticipate that gold will soon reach the 1.618 level, which is $2053, thanks to the strong support from EMA and the previous market breakout above $2030. As long as gold maintains this level, it would not be surprising to see this scenario unfold in the short term. All attention will be focused on the upcoming release of the latest US consumer inflation data next week.
OANDA:XAUUSDLong
by TradingForecast_Signals
XAUUSD: opens a new wave of price increasesHello dear friends! Currently, in today's trading session, the price has completely escaped from the previous parallel downtrend channel. At the time of writing, precious metals are still below the supply zone of $2,038-2,042 and are trading within the familiar range, with the last support level at $2,015 that needs to be protected by the price increase. In the short term, increased geopolitical tensions in the Middle East also benefit the price of Gold in the context of global safe haven shift. Now, attention is shifting to the US Job Openings and Labor Turnover Survey (JOLTS) data to get new insights into labor market conditions ahead of the Fed's policy announcement on Wednesday and the release of Non-Farm Payrolls data on Friday. With the current picture, we are expecting a short-term price surge with an expected increase to $2,060, while breaking above this resistance level will open up new opportunities for this precious metal as mentioned on the 12-hour chart.
OANDA:XAUUSDLong
by TradingForecast_Signals
Gold Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
FX:XAUUSDLong
by ShahedZare
❔❔GOLD lost clarity, so just walk away. It's that easyPlease check the linked ideas for more context. Gold has shown good bullish impulses during the previous two weeks or so. However now it's kind of stuck in this messy range. And though it's saving its bullish potential, I would wait for more confirmation and actual bullish price development. I want to show this market to remind myself what's unclear for me, and maybe you'll also add something to your plan, like what is clear and unclear in the markets. Institutional sentiment is 50\50. Multitimeframe analysis has shown basically the same rangy wicky structure recently, so this is one of the markets that are not worth trading at this specific moment. One more interesting thing is that this week follows a very intense week before, filled with news and strong movements. This week, on the contrary, has less news and probably will have less volatility.
OANDA:XAUUSD
by Yelli_trades
9
XAUUSD BUY AND SHORT POSSIBILITIESHi guys, I'm back with this week first analysis. As always I'm gonna keep things simple. So price did react to my sell zone on last Friday and started selling off, currently price is reacting to the broken resistance(1992) which has turned into support level. I have multiple demand levels, the immediate one is around 1982-1980 which I wait for price to reach there. After that I would wait for a confirmation in lower time frame to take a long trade.
OANDA:XAUUSD
by AliHassanzadeh
XAUUSD LONG AND SHORT SETUPHi Guys, I'm going to update my analysis on gold. Yesterday after touching our demand level at 1964 price rallied up more than 200 PIPS which was absolutely amazing. Now today I'm back with new setups. Area 1979 - 1977 is an fresh area which has not been touched yet so price could react to it and give us a good trade. If price passes through that next area would be 1974-1971 which has been tested once yesterday and has already proven itself. if rallying up continues resistance level 2001 is gonna be the first level to monitor and following that we have 2010 -2022 as a H4 time frame supply level. So currently, best course of action is to wait and see how price responds to our intended areas of supply and demand. I also will keep you updated of my thoughts on this analysis. Be honorable
OANDA:XAUUSD
by AliHassanzadeh
On Forex should I buy stop oil or stop gold instead?Suppose I am a forex trader who trades both gold and oil among others. I am aware that gold is now rising and oil has already risen. Should I sell out of oil and buy gold? Here I use TradingView tools to give guidance to the best approach. On the daily chart, I have dressed out the chart with a long anchored VWAP and its deviation lines along with the price momentum oscillator and the ZL MACD. The ratio is descending from a double top in March and May and trending down through the upper VWAP lines. My analysis is that gold will continue to fall relative to oil until a potential bounce off the mean VWAP. My analysis is that the ratio will drop for a bit. If I need cash out of my positions. I should sell gold. If I have cash to deploy into my positions, I shoudl buy more oil. Once the ratio bounces if in fact it does on watch. I should do the opposite. This idea I believe demonstrates the power of TV tools in informing a trader towards high value decisions in trading.
OANDA:XAUUSD
by AwesomeAvani
A gold traders’ playbook: how gold could trade into year-endGold has been shunned by investors, but many are now questioning if the yellow metal is nearing an inflection point, for a potential turn, or should we position for further downside. With US growth likely at a peak and as good as it gets, gold longs partly flushed out, positioning paired back and sentiment as bearish as we’ve seen for years, could we be seeing a low? Tactically, I feel it is too early to see a resumption of a lasting bull trend and I am in favour of selling rallies into $1925. However, I am also incredibly enthused by the resilience of gold to ‘only’ decline $100, despite rising US bond yields and a stronger USD. Unless the investment case radically changes – which I lay out below – the risks are skewed for near-term downside, although there is a growing potential for a reversal and strong rally into year-end. The technical set-up Since rejecting the $1981 supply zone on 20 July the ensuing bear trend seems to have hit exhaustion, with gold shorts starting to pair back exposures – there is a risk a short covering could take price into the 38.2% fibo of the $1987 to $1884 decline at $1925, which could offer better levels to initiate swing shorts. Trading intraday has been a challenge for many day traders as volatility has been so low – Gold’s 30-day realised volatility has fallen to 8.3% and the lowest since July 2021. We also see the 5-day average high-low trading range at $14.11; one of the lowest daily ranges for years. Traders need to adapt to these tighter ranges, and many have traded with a tighter stop and increased position size to accommodate for the low vol. One can easily justify these sanguine conditions given the investment case for the bulls has been lacking. For gold to reverse higher these dynamics need to shift. Notably: • The opportunity cost of being overweight gold – market players can get a 5.44% risk-free yield in US 6-month T-bills. Gold has no yield, so in a rising rate environment, gold can often face headwinds. • There is a similar dynamic in the bond market where US 10y-year ‘real’ rates have risen to 2% - again, there is an opportunity cost of holding a yield-less asset. • Gold has been a poor hedge – with cross-asset volatility at such low levels and equity markets recently performing so strongly the need to hedge risk in the portfolio has been reduced. However, funds have favoured the USD to hedge potential equity drawdown given its deep inverse correlation with S&P500 futures. Gold has a positive 30-day correlation with the US500 or NAS100. • The USD effect - Over the past month, the USD has rallied against all G10 currencies – with US data continually coming in hot we see US Q3 GDP expectations sitting above trend at around 2.2% • With US growth above trend, recession hedges have been unwound. We see this in interest rate pricing, with the market pairing back expectations of Fed cuts in 2024 from 160bp of cuts in June to 110bp of cuts. Traders can see the level of expected rate cuts by looking at the spread between SOFR Dec 2023 and Dec 2024 futures (TradingView code - CME:SR3Z2023-CME:SR3Z2024). Gold – another classic recession hedge – has been shunned. Positioning Looking beneath the surface we can see a solid flush out of bullish gold positioning – longs have been paired right back. But has positioning swung too far, and could this offer an entry to look more favourably at upside potential? • Total (known) ETF holdings of gold sit at 90.05m – the lowest since March 2020 having fallen 18% since October 2020. • We see gold positioning in the futures market has been reduced - net long futures positions held by managed money (in the weekly CFTC report) now sit at 29,356 contracts – having been as high as 116k net long contracts in July • CTA (Commodity Trading Advisor – trend-following funds) accounts are max short gold futures but may need to see the price the futures prices above $1980 to start trimming this position. • Gold 1-month option risk reversals (1-month call implied volatility – put implied volatility) sits at 0.07 – the lowest level since March. Options traders are shying away from positioning for upside movement. Are we about to see a turn higher? As Richmond Fed President Thomas Barkin said on 22 August, the US economy could accelerate further, which could hold big implications for Fed policy and challenge the consensus of easing growth and potential rate cuts. While we continue to watch global growth data points, we could also feasibly see US headline inflation accelerate higher in the August CPI print (released 13 Sept) from 3.2% to 3.6%. This could result in increased expectations of a November rate hike (from the Fed), which could lift the USD and real yields. Gold would likely face another leg lower in this dynamic, but would also likely see volatility pick up and trading ranges expand – a more compelling dynamic for CFD traders However, should inflation pick up near-term, resulting in the Fed likely to hike again, it would then accelerate the belief in lower demand and increased recession risk. It is here where expectations of interest rate cuts would increase as higher rates and a higher-for-longer stance from the Fed should accelerate the risk of recession in 2024. If and when we see growth data points subsequently roll over, resulting in additional rate cuts priced for 2024, then gold could feasibly have a strong rally into year-end. As always, an open mind to changes in economics and the subsequent investment case for gold will serve traders well.
PEPPERSTONE:XAUUSDShort
by Pepperstone
1