Gold Price Prediction Today , Tomorrow and Weekly :

Hello Everyone in this post I will share my view on Gold (XAUUSD) on daily basis ,Keep visiting this post for latest Idea on Gold for Today ,Tomorrow and Weekly basis.

Update 23/02/2022

Update : 18/02/2022 16:52

Currently there is lots of things moving the market (PAT + Fundamentals ) so enter in your trades whether its a buy or sell on double confirmation and as per risk on equity... if you are a day trader like me then don't enter without stop loss and always follow proper risk Reward...

1880 ,1866 

Two major Support for gold now ...i am not opening any sell entry even if the support break due to current bullish scenario and macro environment that supporting Gold Bulls.

But i am looking for buy if Gold break the resistance of 1900 .

If it break the 1900 then we can expect a HH formation toward the level of 1916.

Upadte : 17/02/2022

Geopolitical tensions are mounting and a weakening US dollar is good for gold prices

While it may seem like a year of boring prices move, that doesn't mean a boring market. This year, the price of gold will align with the direction of the US dollar, Fed policy and geopolitical crises. The Fed's new monetary cycle is already priced in. Crises, such as the crisis that is currently spreading between Russia and Ukraine, as well as negative real interest rates that will persist for a long time will provide tailwind for the gold price. The European Central Bank is also changing stance and emerging markets are recovering, which should weaken the US dollar. In addition, there are domestic problems in the USA, the competing euro and the rising debt ceiling.

The US Federal Reserve is expected to raise interest rates four to five times this year. It is not yet clear how aggressively the Fed will proceed. Inflation and rising prices should be combated. Should rate hikes be severe, it would boost yields sharply. However, if inflation is pushed back sharply, there is a risk that the economic recovery will fall by the wayside. Two or three rate hikes would also be possible. But even the Fed's tightening program will not be able to displace the negative real interest rates. Despite tapering and rate hikes, it is not foreseeable that real bond yields on 2- to 10-year bonds will soon move to positive levels. The prospects for a higher gold price and also for companies with gold are therefore good.

Update : FEBRUARY 17,2022 (Hourly Chart)

Gold Price Prediction for today (Intraday Level)

FEBRUARY 17,2022 30M chart Idea

Feb 16, 2022 Hourly Chart Idea