Pour yourself a glass of Goldschläger and let's review the 12 steps before diving into this.
1. We admitted that we were powerless over the Fed -- that our balance sheet had become unmanageable.
2. Came to believe that a Power greater than our central bank could restore us to solvency.
3. Made a decision to turn our fiat over to the care of sound money, as we...
FX:XAUUSD is still very strong. The price does not react to the news properly, only as a short-term reaction. The market is quickly buying back the decline and testing resistance.
Buying potential is quite strong, the probable area of the first stop could be the zone 2300-2325. On H1, an intermediate sideways range is formed after a false breakdown of channel...
The world gold spot price is around 2,233 USD/ounce, a spike of 42 USD/ounce compared to the transaction at the same time yesterday morning. Closing last night's session, the world gold spot price in the US market stood at 2,233 USD/ounce, a sharp increase of more than 38 USD/ounce, equivalent to an increase of 1.74% compared to the previous session's...
FX:XAUUSD has been reaching 2265 since the open. The price is moving out of the ascending price channel, which indicates a strong bull market. But, there is a huge imbalance area forming below, which can be liquidated before further growth.
The dollar is also strengthening and the market is waiting for bullish news on the index today. In this case it may give...
Gold is trading inside a Channel Up, making today a new Higher High.
This is a sell signal, as long as the price doesn't break higher.
The minimum decline/ Bearish Leg inside this pattern has been -2.30%.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 2215 (-2.30% from the top).
Tips:
1. The RSI (4h) crossed under the MA trendline. This has been...
OANDA:XAUUSD ANALYSIS
- Dollar down, gold up
- Gold retests prior 2024 all-time high
DOLLAR DOWN, GOLD UP
Gold is influenced by a slightly weaker dollar at the start of the shortened trading week. Last week, gold prices showed an unusual evening star pattern, which can indicate a bearish trend reversal. The dollar is possibly stabilizing after a volatile end...
The world gold price is trading at 2,190 USD/ounce, up 12 USD/ounce from yesterday. Investors are anticipating US inflation data, which could provide insights into the US Federal Reserve's policy pivot. Despite the USD rebounding, precious metals remain near their recent historical peak.
Investors are waiting for US economic data to be released later this week...
Gold (XAUUSD) hit this morning our long-term 2260 Target, which we called for on our March 2021 (see chart below) idea:
That not only made a Higher High formation at the top of the 5-month Channel Up that started on the November 03 2023 Low but also hit the symmetrical 1.382 Fibonacci extension as the last Higher High on May 04 2023.
This has indeed been a...
FX:XAUUSD is a pioneer. The price is testing new highs in a new, previously untouched zone. High interest in the metal, rumors and crisis leads to the fact that the growth of gold outpaces the growth of the dollar.
Dollar Index (D1) Breakout of resistance and news
The dollar is also rising. The price of the index has been supported by regulators for an...
Gold prices rose slightly on Monday amid cautious market sentiment ahead of important events, such as the FOMC announcement. XAU/USD increased by around 0.2% in early afternoon trading in New York, finding support near $2,150. The Federal Reserve will hold its March meeting and may adjust its forward guidance and economic outlook due to recent inflation...
OANDA:XAUUSD AND ANALYSIS
- Gold’s backdrop remains positive and may lead to further gains.
- Retail trader positioning is 50/50.
Gold reached a new record high last week but ended the week relatively unchanged after a sharp sell-off. The Federal Reserve hinted at a potential rate cut of 75 basis points this year, which initially boosted gold. However, the US...
This week, international gold prices increased quite sharply from 2,145 USD/oz to 2,211 USD/oz, then decreased to 2,157 USD/oz and closed the week at 2,165 USD/oz.
The reason why international gold prices increased sharply in the first sessions of the week was because in the recent meeting, the FED said there would be 3 interest rate cuts this year, regardless of...
FX:XAUUSD is testing resistance once again very slowly and gradually, protecting local support zones, below which a huge pool of liquidity is formed. What to expect from the market maker?
On the background of growth and retest of the range resistance we see low volumes. The range is narrowing and technically this could indicate a willingness to break...
The war against sound money...
keeping a "lid" on the price of the worlds biggest asset
and truly the only real collateral in the world.
Is being slowly lost.
We have a continuation head and shoulders that many people are watching.
But something to note
Is that the previous times #Gold has traded above 2 thousand dollars
The smackdown has been quick and...
Gold (XAUUSD) is on a short-term uptrend on the 1H time-frame as it is supported by a Higher Lows trend-line since Friday's bottom. As long as this trend-line holds, we are bullish, targeting 2220 (marginally below Resistance 1).
If the price breaks and closes a 1H candle below the Higher Lows trend-line, we will see and target 2150 (marginally above Support...
It is often said that gold tends to perform well during economic uncertainty and crisis. But is this really so? Let’s examine gold's volatile history before and during recessions in the past 50 years. The 1960s and 1970s were marked by many economic and geopolitical changes, including multiple crises of the British pound, the collapse of the London Gold Pool, the...
FORECAST - OANDA:XAUUSD
- The Fed held borrowing costs unchanged and continued to indicate it would deliver three rate cuts this year
- The dovish policy outlook weighed on the U.S. dollar and yields, boosting gold prices
For context, the FOMC kept borrowing costs at their current levels at its March gathering, reaffirming its intention to implement 75 basis...
Gold price today, March 22, suddenly went down in the context of the USD reversing its price and US stocks rising sharply.
After setting a record level of 2,211 USD/ounce in last night's trading session, today's world gold price plummeted 30 USD to 2,181 USD/ounce at 6:00 a.m. on March 22.
Gold prices weakened today in the context of the Swiss National Bank...
![XAUUSD: 🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [March 25 - March 29]](https://s3.tradingview.com/c/C0oJCSAT_mid.png "🖥 GOLD MARKET ANALYSIS AND COMMENTARY - [March 25 - March 29]")
