#XAUUSD
Gold remains under pressure as strong US ISM Manufacturing PMI boosts the dollar and Treasury yields.
Higher-for-longer Fed expectations are currently outweighing safe-haven demand from Middle East tensions.
Short-term bias: Bearish.
Gold remains fundamentally bullish as weaker US growth and softer labor data continue fueling Fed cut expectations.
Rising jobless claims + slowing GDP = pressure on USD and support for XAU/USD.
Main focus next week: NFP, unemployment rate, and wage inflation.
#XAUUSD
I saw another setup, if you missed the first one, take the the second one,
Fundamental align with technical, that is what we call high probability trade.
#XAUUSD
Gold remains supported by safe-haven demand and central bank buying, but higher US yields and a stronger dollar are limiting upside momentum. Short-term bias: bearish, while the broader swing-trade outlook remains bullish on weaker US data.
Look for sell opportunity
#XAUUSD
If you are not printing money from trading gold this month,
It is because you don't understand fundamental analysis.
It is recommended to actually learn fundamental.
#XAUUSD
Gold is still under downward pressure, due to:
1- rising yields
2- strong USD
3- fed rate expectation
And us-iran peace talk.
So, look for sell opportunity.
#XAUUSD
Gold remains pressured by a:
- strong USD and rising
- Treasury yields as markets
- price fewer Fed cuts.
As well as US-Iran agreements
๐ Intraday Bias: Bearish
Traders are watching US yields, us-iran negotiation and Fed expectations closely.
#XAUUSD
Gold remains supported as Treasury yields stabilize and USD momentum slows.
Intraday bias: mildly bullish.
Bigger picture still favors upside while geopolitical uncertainty and central bank demand remain in play.
#XAUUSD
If the U.S. and Iran reach an agreement, Gold could face strong selling pressure.
Why?
โข Reduced geopolitical tension
โข Lower safe-haven demand
โข Oil prices may fall
โข Risk appetite could return to market
๐ Bearish for $XAUUSD short term if the deal is confirmed.
#XAUUSD
Gold opened the week with a GAP UP ๐
Why?
โข Safe-haven demand is rising
โข Geopolitical tensions are supporting gold
โข Traders are avoiding risk assets
โข Market uncertainty remains high
Current bias on XAUUSD:
Bullish