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Goldlong

DXY Comprehensive AnalysisThe US Dollar Index (DXY) on the 4H chart remains under pressure, trading near 97.71 and holding below the key resistance zone of 98.20–98.30, aligned with the 20 SMA (middle Bollinger band) and 0.786 Fibonacci retracement (97.78), signaling a firm bearish bias. Price action might continue to respect the descending trend, with recent candles showing rejection from the upper boundary and pointing toward a possible retest of 97.50–97.10 support levels. However, it will be crucial for prices to breach the fib level 0.786 and sustain lower. Bollinger Bands are moderately compressed, suggesting controlled volatility, while RSI at 42 indicates weak momentum with a hidden bearish divergence (prices making lower highs and RSI making constant highs), reinforcing downside potential. Unless the index reclaims 98.30 on strong buying, intraday traders may look for short opportunities on pullbacks, targeting 97.50 and then 97.10. With no major data releases today, technical levels are likely to drive moves, and continued dollar weakness could support risk assets like equities and commodities, particularly gold and emerging market currencies.
FXOPEN:DXYShort
by Nadia_farhat
XAUSUD: A large-scale buying opportunityGood morning, traders. Yesterday, I mentioned that the XAUUSD will initially decline after the Asian market opens. Our trading strategy of selling first and then buying has been effective and has shown some promising results. Gold prices hit a low of 3323 after the Asian session opened, a drop of approximately $12 per ounce. It then rebounded and is now trading at 3354. Long positions are continuing to profit. We await the target price of 3365. A new week, a new beginning. With the London session about to open, we'll have to wait and see whether it will push the XAUUSD to new heights.
OANDA:XAUUSDLong
by WIN_Ludvig
Gold Longs from 3,300 (11hr demand zone)Weekly Gold Analysis For this week, I’m watching for short-term sell opportunities down into the 12H demand zone. At the moment, price is showing momentum to the downside, so we could see a setup form in the 12H supply zone before continuation. However, my main focus remains aligned with the long-term trend, which suggests a potential rally forming from the 11H demand zone. I’ve also noted a trendline forming above current price — meaning the reaction from the 12H demand zone could play out sooner than expected. That said, given the imbalance below, price may first need to mitigate a supply zone before breaking structure further to the downside. Confluences for Gold Longs: - Higher timeframe structure remains bullish overall. - Significant upside liquidity still needs to be taken. - An 11H demand zone remains unmitigated. - For price to continue higher, a retracement is necessary. - DXY analysis aligns with this bullish outlook. P.S. Pro-trend trades take priority — but if a sell setup forms, I’ll approach with caution, lower risk allocation, and tighter TP targets.
OANDA:XAUUSDLong
by Hassan_fx
Swing Trading OutlookThe market trend was flat over the weekend. The prices of Bitcoin and Ethereum rose slightly before retreating slightly. There aren't any major market fluctuations. We're still looking forward to next week's trends. Bitcoin is still in its bottoming phase. Periodic buying is a good option. The foreign exchange and futures markets will open in Asia on Monday. I'll be focusing on Wednesday's Federal Reserve interest rate decision. This is a key data point that will determine whether the US dollar rises or falls. It also serves as an important data point for our trading products. My approach is to continue to sell at high levels before the interest rate decision. Then, monitor market sentiment. I'll focus on GOLD/XAUUSD, the two most impactful products. Secondly, the foreign exchange market. So, the strategy is: sell first, then buy next week. The subsequent buying will be determined based on the direction after the interest rate decision. I hope everyone enjoyed this holiday. Maintain an optimistic and positive attitude when trading at all times. Once your mindset is affected, many things will be difficult to do, not just trading. Dear traders, see you next week.
TVC:GOLD
by WIN_Ludvig
Latest price increase and decrease forecastFrom a technical perspective, Thursday's daily chart showed a sharp decline, engulfing Tuesday's. Wednesday's consecutive rises marked the closing price near the middle Bollinger band. There's no definitive direction for now, and both ups and downs are possible. Therefore, the daily chart's performance is not important, but the H4 chart shows significant momentum. Currently, 3330 is a double bottom, with the closing price just above the lower Bollinger band. If a rebound occurs here, especially with strength in the afternoon, the Bollinger band will tighten and the moving averages will converge, confirming a volatile market today. If the market stabilizes above the middle Bollinger band at 3350, it can be confirmed that today is a rebound. The US market could also reach a high of 3365. Therefore, the rebound strength can be observed around the 3330 support level during the Asian and European sessions. If it breaks through 3330, gold could continue its decline to the 3310-3300 range. Trading suggestions: If the market rebounds first, short near 3346, with a stop-loss above 3352. If the market weakens, short near 3341, with a stop-loss above 3347. If the market declines first, short below 3300, or go long near 3320, with a stop-loss below 3315. If you currently have short positions at low levels and long positions at high levels and are unsure how to proceed, please leave a message for Charlie. FX:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD FOREXCOM:GOLD VANTAGE:XAUUSD FOREXCOM:GOLD VANTAGE:XAUUSD
OANDA:XAUUSD
by Charlie_Senior_Analyst
Gold fluctuates, waiting for an effective breakthroughThe MACD is below the zero axis and has already diverged from the bottom, indicating it's poised for a short-term rebound. Each short-term rebound followed a similar pattern to the current MACD. It simply diverges once, twice, or even three times before a sudden surge. Therefore, as long as the price falls below 3330 and then declines again, it's a good opportunity to ambush and buy from a low position. This could also be the next short-term low. Over the past four months of consolidation, the lows have clearly been gradually moving higher, and the end of the converging triangle has been gradually narrowing. One day, a major unilateral breakout will occur. Patiently wait for a return to the bullish trend. Pay attention to the channel trend resistance line 3358-60. This position is actually the oscillation center axis point of 3330-3380. If the rebound is under pressure here, you can buy on highs and then fall back; once the hourly line closes positive and effectively stands on this position, give up the bearish view; and the low bullish position focuses on the 618 division, the previous top and bottom conversion, the lower track of the channel, etc.; as long as you dare to pull it down, you must dare to be bullish when a stabilizing K appears. The lower the effect, the better, because the lower it is, the more aggravated the divergence effect. FOREXCOM:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD ACTIVTRADES:GOLD EIGHTCAP:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD
OANDA:XAUUSD
by Charlie_Senior_Analyst
XAUUSD Potential Long OpportunityXAUUSD is currently in a bearish trend and is approaching the support level at $3332 which is the Asian lows for the day. Expecting a bounce form this level towards the Asian highs at $3349 which is just below the major pivot level of $3351. Price is still trading below all 3 moving averages and in the in the bearish region of the RSI thus it is a pullback trade. Not sure if Gold has enough momentum to break pass the pivot level at $3351 especially with the bearish momentum we are seeing, thus looking to take an intraday long trade and ride the wave to the Asian High before reevaluating my position.
OANDA:XAUUSDLong
by Fides_Trading
Gold prices remain volatile, waiting for direction selectionGold prices (XAU/USD) rebounded modestly during Friday's Asian trading session, recouping some of the previous day's losses, but bullish momentum was limited. The dollar's previous rally, buoyed by strong US Producer Price Index (PPI) data, lacked sustainability. Investors widely expect the Federal Reserve to resume its interest rate cut cycle in September, supporting gold. According to data released by the US Bureau of Labor Statistics, the PPI grew 3.3% year-on-year in July, exceeding market expectations of 2.5% and significantly higher than June's 2.4%. Despite this, the CME FedWatch tool shows a 90% probability that the Fed will cut interest rates by 25 basis points in September, with a cumulative 50 basis points cut expected by year-end. Furthermore, market sentiment was supported by multiple positive factors, including easing trade concerns between the US and Asia and the potential for a ceasefire in the Ukrainian conflict following the US-Russia summit. These factors have boosted global risk appetite and limited further gains for gold as a safe-haven asset. Analysts point out that amidst a rebound in risk appetite, gold's short-term performance may hinge on upcoming data releases such as US retail sales, the New York Fed manufacturing index, and the University of Michigan's consumer confidence index. These indicators could influence the US dollar and, indirectly, gold prices. Daily chart analysis shows that gold prices are encountering significant resistance near the 100-hour moving average (around $3,355). Multiple rebounds have failed to break through this level, indicating that short-term selling pressure remains significant. If prices break through this level, they could test the $3,375 and $3,400 levels. However, a break below $3,330 support could trigger an accelerated decline, potentially targeting $3,300 or even lower. Technical indicators show weak daily volatility, and the short-term trend remains downward. The current rebound in gold is more of a technical correction than a trend reversal. Amidst a lack of sustained US dollar buying and lingering expectations of a Fed rate cut, gold prices are likely to remain range-bound in the short term. However, if market risk sentiment further heats up, gold's safe-haven properties may continue to weaken. We need to pay attention to the effectiveness of the $3,330 support. Once it is lost, the downside space will open up quickly. FOREXCOM:XAUUSD ACTIVTRADES:GOLD ICMARKETS:XAUUSD FOREXCOM:GOLD ICMARKETS:XAUUSD CMCMARKETS:GOLD ICMARKETS:XAUUSD ACTIVTRADES:GOLD
OANDA:XAUUSDLong
by Charlie_Senior_Analyst
The gold market is still stuck in a solid accumulation patternWorld gold prices fell after the US's key inflation report released results that were much higher than expected. The US producer price index (PPI) in July increased by 0.9% compared to the previous month, much higher than the flat level in June and far exceeding the forecast of 0.2%. This is the strongest increase since June 2022. This report reinforces the view of the "hawks" in US monetary policy, who do not want the US Federal Reserve (FED) to cut interest rates soon. Compared to the same period last year, the total PPI increased by 3.3% - the highest level in 5 months and exceeded the forecast of 2.5%. Core PPI (excluding food and energy) also increased by 0.9%, higher than the forecast of 0.2%. On a year-on-year basis, the core PPI increased by 3.7% compared to the previous 2.6%. Hotter-than-expected PPI data in July only slightly reduced the chances of a 25 basis point Fed rate cut in September, but all but eliminated the possibility of a 50 basis point cut that a few investors had previously expected.
OANDA:XAUUSDLong
by FalCol_TradingMaster
GOLD - XAUUSD - opportunity arise! let's goTeam, we have been blessed with a very successful trade with gold. Unfortunately I do not trade often until i find good opportunity Here is the strategy to enter LONG gold Current Price Zone: 3337–3339 • SL: 3328 as discussed earlier If Price Hits 3344 (first breakout) • Move SL to 3335 → Protects the bulk of gains while keeping room for a push to 3354. • If Price Hits 3354 (next resistance) • Move SL to 3344 → Secures profit from the breakout zone in case of a quick pullback. If Price Hits 3365–3370 • Move SL to 3354 → This will lock in solid gains and let you ride in case gold aims for 3380+.
PEPPERSTONE:XAUUSDLong
by ActiveTraderRoom
Gold Holds Around $3,350 After Volatile Swings📊 Market Overview: Gold is currently steady around $3,350/oz after intraday moves between $3,341 and $3,375, according to Investing.com. Reuters reports spot gold near $3,357.65/oz, supported by expectations of Fed rate cuts and a softer USD. 📉 Technical Analysis: • Key Resistance: $3,400 • Nearest Support: $3,341 – $3,342 • EMA 09: Price is hovering near the 9-day EMA, showing a short-term neutral bias. • Candlestick / Volume / Momentum: Small-bodied candles with long wicks indicate market indecision, awaiting clear macroeconomic cues. 📌 Outlook: Gold may range sideways around $3,350 in the short term unless new economic data triggers strong movement. A weaker dollar or stronger rate-cut expectations could lift prices toward $3,360–$3,400, while renewed USD strength may pressure gold down to $3,340 or lower. 💡 Suggested Trading Strategy: SELL XAU/USD: $3,362 – $3,365 🎯 TP: 40/80/200 pips ❌ SL: $3,368 BUY XAU/USD: $3,340 – $3,343 🎯 TP: $3,360 ❌ SL: $3,337
OANDA:XAUUSDLong
by Mian-FXSignals
Gold consolidates at 3355, NY falls back to keep low and long#XAUUSD Gold surged and then retreated during the day,🚀 reaching a high near 3374 and a low near 3341. It is currently consolidating around 3355. 📊 From a medium-term perspective, the previous upward trend of gold has not been completely broken, 📈but from the 2-hour chart, the MACD indicator shows signs of forming a death cross, adding a hint of uncertainty to the market. 🎲 In the short term, gold has repeatedly tested the 3365-3375 range but has not yet been able to break through. This resistance range can be considered as a temporary resistance level.🐻 The current PPI data is significantly bearish, and the DXY technical indicator is expected to form a golden cross. A stronger US dollar may put some pressure on gold. 📉However, gold has repeatedly tested the 3340-3330 support level without breaking, demonstrating that this support level has some resilience. 🐂If the support level of 3340-3330 is touched during the NY period and is not broken, you can consider going long with a light position,📈 but be sure to set a SL.⚖️ 🚀 BUY 3340-3330 🚀 TP 3355-3365
OANDA:XAUUSDLong
by Halson_Winston
Gold Extends Rally as Rate-Cut Expectations Rise📊 Market Overview: Gold prices extended gains for the third consecutive session, supported by rising expectations that the US Federal Reserve will cut interest rates in September, following softer US inflation data and a weaker US dollar. 📉 Technical Analysis: • Key Resistance: $3,400 / $3,435 • Nearest Support: $3,358–$3,360 / $3,345 • EMA: Price is trading above EMA50 → bullish short-term signal. • Candle / Volume / Momentum: Forming an ascending triangle pattern with positive momentum, suggesting potential for further upside. 📌 Outlook: Gold may continue to rise in the short term if it breaks and sustains above $3,400. A drop below $3,360 could trigger a pullback toward $3,3345. 💡 Trade Strategy Suggestions: 🔻 SELL XAU/USD: $3,400–$3,403 🎯 TP: 40/80/200 PIPS 🛑 SL: $3,406 🔺 BUY XAU/USD : $3,350–$3,353 🎯 TP: 40/80/200 PIPS 🛑 SL: $3,347
OANDA:XAUUSDLong
by Mian-FXSignals
XAUUSD – Channel Breakdown & Order Block ReactionPrice has broken below the ascending channel 📈 after failing to hold higher highs. A strong bearish drop has pushed price toward the 15M Order Block (OB) 📦 around 3,335–3,345, which may act as a demand zone. 🔍 Scenarios: 1️⃣ Bullish Reversal 🐂 – Buyers defend the OB, pushing price back above 3,360 and possibly toward 3,380+. 2️⃣ Further Drop 🐻 – If the OB fails, sellers could target lower liquidity zones. ⚡ Volume spikes during the breakdown show strong selling pressure, but the OB zone remains the key battleground for the next move.
OANDA:XAUUSDLong
by Luna_Harper_Charts
1
Daily Market Momentum Analysis (Gold)Spot gold's upward momentum stalled during the Asian session on Thursday (August 14th). After hitting a three-day high near $3,375, it encountered some intraday selling and is currently trading around $3,358.52 per ounce, close to Wednesday's closing price. Global risk sentiment continues to be supported by two factors: optimistic expectations of a three-month extension of the US-China trade truce and positive signals from Friday's (August 15th) US-Russia summit aimed at ending the Russia-Ukraine conflict. This, in turn, has weighed on the safe-haven precious metal. However, multiple supportive factors remain favorable for bullish traders and provide a basis for potential bargain-hunting. The US dollar continues to face selling pressure due to widespread expectations that the Federal Reserve will cut borrowing costs in September. Furthermore, traders have begun betting on the possibility of two Fed rate cuts before the end of the year, which should continue to be positive for gold, a non-interest-bearing asset. Against this backdrop, it would be prudent to await further follow-through selling to confirm whether the gold price rebound from Tuesday's one-week low of $3,331 has lost momentum. Daily Market Drivers Analysis: Gold bulls hold off on aggressive bets amid rising risk appetite Except for the Nikkei 225, Asian stocks extended their recent gains, tracking the US benchmark S&P 500 and the tech-heavy Nasdaq Composite, which posted record gains for the second consecutive trading day. The US dollar rebounded slightly after hitting a two-week low early Thursday, but its upside is expected to be limited as market expectations for a more aggressive Federal Reserve rate cut are more aggressive than previously. According to the CME Group FedWatch tool, the Federal Reserve is almost certain to cut interest rates by 25 basis points at its September policy meeting, with at least two more cuts expected before the end of the year. This expectation was reinforced by US consumer inflation data, which was largely in line with expectations on Tuesday. Furthermore, the July US non-farm payroll report showed signs of labor market weakness, bolstering the case for further policy easing. Meanwhile, US President Trump increased pressure on Federal Reserve Chairman Powell to cut interest rates. Furthermore, US Treasury Secretary Scott Bessant said the Fed should consider a 50 basis point rate cut next month. Chicago Fed President Goolsbee said he was more concerned about last month's rise in core inflation than the unusually weak jobs report, and therefore may not support a September rate cut. Atlanta Fed President Bostic acknowledged the overall weakness in the latest round of employment data and noted the potential for structural changes due to tariffs, but he declined to comment on a rate cut. U.S. Treasury yields remained under pressure as investors assessed the potential impact of tariffs on the U.S. economy and awaited the release of the U.S. Producer Price Index (PPI) later in the North American session. Gold's technical structure supports the view of dip buying at lower levels. Gold broke through the $3,358-3,360 resistance level overnight, and the successful defense of the 200-period simple moving average support on the 4-hour chart earlier this week supports spot gold bulls. However, oscillators on the hourly and daily charts have yet to gain significant upward momentum, so it would be wise to wait for more follow-through buying before initiating further long positions. Currently, the Asian session high (around $3,375) may constitute near-term resistance. A break above this level could potentially push gold prices towards the $3,400 mark. This level is closely followed by last week's swing high of $3,409-3,410. A successful break above this level would pave the way for further gains towards the intermediate resistance level of $3,422-3,423. Ultimately, upward momentum could propel gold prices above the $3,434-3,435 area, potentially challenging the psychologically important $3,500 peak reached in April. On the downside, if gold prices break below support at $3,243-3,242 (the 200-period moving average on the 4-hour chart), they could find support near $3,331 (this week's low). If selling pressure persists, gold could accelerate its slide towards the $3,300 mark. A clear break below this level would turn bearish in the short term, opening up room for further declines. FX:XAUUSD VELOCITY:GOLD VANTAGE:XAUUSD CMCMARKETS:GOLD ICMARKETS:XAUUSD CMCMARKETS:GOLD VANTAGE:XAUUSD MCX:GOLD1! FX:XAUUSD
OANDA:XAUUSD
by Charlie_Senior_Analyst