Gold

fundamentals XAUUSD (unfortunately fundamentals doesn't get enough attention here in this thread, so it's only very brief)
https://www.forexfactory.com/thread/...1#post14575231 Pre-EU and USMarket

- Figures on economic strength and inflation yesterday and today: rising moderately, inflation primarily driven by oil (here CL.F =WTIFuture), otherwise no big delta.
Weighting Oil is just noted at the moment, with no current concern
Figures did not give any fundamental advice on future interest rate developments.
- Stock indices and Oil rose significantly throughout the day. Bond yields run long and short as well, which pushes for resolution. --> one underlying high, the other low.
This shows that the market assessment of interest rate developments is still undecided, especially for 2024 (dot plots),
see the FED meeting next Wednesday.
- Gold moved slightly between EURUSD (falling sharply - no more high interest rate expectations in the EU) and USDX (rising moderately).
I only expect a major change (1800/2000) here when there are clearer indications about interest rate developments. (when and how long)
Also note: national debts, climate change, wage demands, bank runs, real estate crisis, international competition distortions, and wars.

hi, where i can see this strength?

Im always thankful for your sharing, thank you one more time .
Ive saw today that indices skyrocket to the upside. I think that climbing up, paused Gold from dropping from 1912,i dont count 60 pips a drop after retested zone. Cause when Strong moves happen on indices,even good data for dollar, xau holds with its movement. Thats what i saw not only once,
Trade safe and hope to see you here more ofthen

To sleep ''Better"' shorted gold with lowered risk.
Trade safe and good night ,
London opening Awaits..

Price below 1903 minimum correction and bounce enough over last leg down 1915.76 , may do further up 1917 /21 but pullback and resistance above, may try bottoming works, and so correct towards previous low or may new low even. Take care
One more up ok but watching earliest signals 1915.20 and 1914.55.

Buy 1918 TP 1928 (Closed BE)
Buy 1909 TP 1918(Hit TP)
Buy Limit 1898 TP 1908

My untested levels never betray me

My shorts got stopped out, price action not expected... waiting for a retrace to go long

Hope you're proud of me Zebi, couple of short positions for a 12% profit. 2% risk per trade.

Waiting 1914.55 for futher breakout to for 1911! While if breaks 1912 signal a top failure, will actually target below 1905. 72, towards previous low!

I wonder when the Bidenomics will stop making up things.. now FED needs to hike rate again.. we still burning folks

#GOLD / Daily & H1

https://www.forexfactory.com/thread/...4#post14574944 yesterday
XAUUSD H4 1910 1940 nearly same like yesterday

That was retracement to 1919 was unexpected for me to be honest. Im a bit confused how fast it switched to buys, rather then sells.
Well, show must continue,
Hunting begins

Too slippery but will not act till signal, over 1920 may act proactive for signal or so!

Please can you share hourly untested levels?

I have new untested level at 1910 so i am short from 1918 with TP 1910

Thanks

GOLD 4H

shorted to get profits from the retracement before we going up again

Sorry for late reply. I was in the market for some time.1910 has been tested by the price.Trade safe

Edit: Watch 4H chart. there is a untested level around 1912.