Daily Trading Signals by Exness - XAU/USD

[Exness Support]

XAUUSD
Dec. 18, 2014, 07:20

Buy on a level breakthrough of 1212 with 1238 target. Stop loss = 1187.

Reason for the trading strategy

Yesterday, the US Federal Reserve kept its benchmark interest rate unchanged at 0-0.25% per annum. The US Federal Reserve lowered its forecast for the average level of the federal funds rate from 1.375% to 1.125% at the end of 2015. The US Federal Reserve has kept the forecast for US GDP growth in 2015 at 2.6% -3.0%. The US Federal Reserve predicts a more rapid decline in unemployment in 2015 and 2016. In particular, in 2015, the unemployment rate in the US will amount to 5.2% -5.3% instead of 5.4% -5.6%. In 2015, the US Federal Reserve expects inflation to lower to 1.0% -1.6%. The phrase about maintaining interest rates at a minimum level "for an extended period of time" has disappeared from the US Federal Reserve statement. According to Janet Yellen, interest rates may be raised at any meeting. According to our estimates, the US Federal Reserve will raise its key interest rate in mid-2015. In general, the American regulator's rhetoric is of a soft nature.

GOLD, H4

 

[Exness Support]

XAUUSD
Jan. 13, 2015, 10:20

Buy on a level breakthrough of 1239 with 1255 target. Stop loss = 1228.

Reason for the trading strategy

The decrease in the yield to maturity on 10-year US government bonds to the 1.88% level has provoked a rise in gold prices. After overcoming the resistance level of $1,239, gold prices may reach the $1,255 level.

GOLD, H4

 

[Exness Support]

GOLD: consolidation before the publication of retail sales statistics in the USA

XAUUSD
Jan. 14, 2015, 09:29

Buy on a level breakthrough of 1239 with 1255 target. Stop loss = 1228.

Reason for the trading strategy

Today at 13.30 GMT, the December figures for the US retail sales will be published. The decline by 0.1% (m/m), expected in the reporting period can put some pressure on the world's reserve currency. From a technical point of view, the next purchase of gold should be considered above the $ 1,239 resistance level.

GOLD, H4

 

[Exness Support]

XAUUSD
Jan. 27, 2015, 09:58
Sell on a level breakthrough of 1271 with 1254 target. Stop loss = 1285.

Reason for the trading strategy

Today at 13.30 GMT, the volume of durable goods orders in the US for December will be published. The expected growth by 0.6% (m/m), will probably support the US dollar. With gold breaking through the $1271 level, opening short positions should be considered.

GOLD, H4

 

[Exness Support]

In the short term, the price of gold could decline to $1.222.
XAUUSD
Feb. 18, 2015, 08:47
Sell on a level breakthrough of 1204 with 1170 target. Stop loss = 1220.
Reason for the trading strategy
The reduction in geopolitical tensions towards Ukraine put a significant pressure on the defensive assets. In addition, low inflation expectations in the US and other countries have reduced the demand for gold, which traditionally acts as a hedge instrument against rising prices.
GOLD, H4

 

[Exness Support]

GOLD: consolidation below the 1209 resistance level

XAUUSD
April 16, 2015, 10:53
Buy on a level breakthrough of 1209 with 1223 target. Stop loss = 1195.

Reason for the trading strategy

The weak statistics on retail sales and industrial production in the US is putting pressure on the US dollar. At the moment, the cost of production of one ounce of gold is about $ 1,200. This level acts as strong support for gold.

GOLD, H4

 

[Exness Support]

XAUUSD
April 24, 2015, 10:31
Buy on a level breakthrough of 1197 with 1208 target. Stop loss = 1187.
Reason for the trading strategy
Today at 12.30 GMT, the volume of durable goods orders in the US will be published. If the value of the index is below 0.7% (m/m) in March, the US dollar will continue to decline. At the level breakthrough of $1197, opening long positions in gold should be considered.

GOLD, H4

 

[Exness Support]

GOLD: growth on the eve of the US Federal Reserve meeting

XAUUSD
April 28, 2015, 10:45
Buy on a level breakthrough of 1208 with 1224 target. Stop loss = 1195.

Reason for the trading strategy

Gold prices tested the mark of $1,200 per troy ounce on the eve of the US Federal Reserve meeting. Market participants expect that this year the US regulator will raise its key interest rate once to 0.25% -0.5%. This is most likely to happen in the period from September to December 2015.

GOLD, H4

 

[Exness Support]

GOLD: consolidation higher than the 1178 support level

XAUUSD
May 12, 2015, 11:05
Sell on a level breakthrough of 1178 with 1165 target. Stop loss = 1190.

Reason for the trading strategy

Over the last month, the yield to maturity on 10-year US government bonds rose by 33 bps, up to 2.31%. Strengthening of the economic activity in the US, the decline in unemployment and stabilization of inflation expectations against the background of rising oil prices, promotes growth in the US bond yields.



GOLD, H4

 

[Exness Support]

GOLD: growth against the background of a weakening US dollar

Buy on a level breakthrough of 1118 with 1132 target. Stop loss = 1104.

Reason for the trading strategy
Following the statement made by Stanley Fischer, Deputy Chairman of the US Federal Reserve, market participants are rescheduling the first raising of the US federal funds rate and postpone it (until December 2015). Yesterday, he said that the US Federal Reserve was worried by the low inflation rate. According to the June totals, the annual growth rate of the US consumer price index was 0.1%, remaining 20 times lower than the US Federal Reserve targeted value of 2%.

 

[Exness Support]

GOLD: consolidation around the level of 1117 dollars

XAUUSD
Sept. 7, 2015, 09:46
Sell on a level breakthrough of 1117 with 1081 target. Stop loss = 1137.

Reason for the trading strategy

Fairly strong macroeconomic statistics on the US labor market was published last Friday, which increased the probability of September hike in the federal funds rate. In August, the US unemployment rate fell from 5.3% to 5.1%, and the level of employment outside the agricultural sector rose by 173 thousand, the July value of the index was revised upwards from 215 thousand to 245 thousand.



GOLD, H4

 

[Exness Support]

This year, the price of gold could rise to $1200

XAUUSD
Sept. 17, 2015, 10:24
Buy on a level breakthrough of 1124 with 1169 target. Stop loss = 1100.

Reason for the trading strategy

If inflationary pressures in the US will continue to be low until the end of this year (in August, annual inflation was 0.2%), the US Federal Reserve can postpone the cycle of tightening of the interest rate policy to 2016. This scenario assumes that an ounce of gold will grow to $1,200 or more.



GOLD, Daily

 

[Exness Support]

GOLD: consolidation below the level of 1142

XAUUSD
Sept. 24, 2015, 11:53
Buy on a level breakthrough of 1142 with 1169 target. Stop loss = 1122.

Reason for the trading strategy

Today, it is worth paying attention to the publication of the weekly report on the labor market, the volume of durable goods orders, and the new home sales in the United States. The weak statistics will put pressure on the US dollar. In the breakdown of the level of $1142, it is worthwhile to think of resuming purchases of the precious metal.

GOLD, Daily

 

[Exness Support]

GOLD: under pressure before the ADP publication on employment in the US private sector

XAUUSD
Sept. 30, 2015, 10:53
Sell on a level breakthrough of 1121 with 1101 target. Stop loss = 1131.

Reason for the trading strategy

An increase by 192 thousand people in the number of employed in the US private sector expected in September may support the world's reserve currency. In the short term, the price of gold risks falling below $1121.

GOLD, H4

 

[Exness Support]

GOLD: consolidation below the 1141 resistance level

XAUUSD
Oct. 5, 2015, 09:01
Buy on a level breakthrough of 1141 with 1169 target. Stop loss = 1121.

Reason for the trading strategy

The publication of the September statistics on the US labor market, which was significantly worse than expected, put pressure on the world's reserve currency.According to the president of the US Federal Reserve Louis Bullard, the cumulative progress in the labor market is much more important than one employment report. He believes that the normalization of interest rates in the US would allow "to avoid any unnecessary risks associated with the exceptionally low interest rates."At present, the likelihood of the US Federal Reserve increasing the key interest rate in December 2015 remains, but is still low.

GOLD, Daily

 

[Exness Support]

GOLD: consolidation above the level 1189

XAUUSD
Oct. 15, 2015, 09:25
Buy on a level breakthrough of 1189 with 1205 target. Stop loss = 1179.

Reason for the trading strategy

Yesterday's US macroeconomic statistics put pressure on the profitability of the US government bonds and supported the demand for gold. On the level breakthrough of $1189, opening the next set of long positions in gold is worth considering.


GOLD, Daily