{"id":141685,"date":"2019-02-12T10:30:14","date_gmt":"2019-02-12T15:30:14","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=141685"},"modified":"2019-02-12T09:06:13","modified_gmt":"2019-02-12T14:06:13","slug":"xauusd-analysis-gold-prices-fall-amid-increasing-demand-for-dollar-assets","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/xauusd-analysis-gold-prices-fall-amid-increasing-demand-for-dollar-assets\/","title":{"rendered":"XAUUSD Analysis: Gold prices fall amid increasing demand for dollar assets"},"content":{"rendered":"<div id=\"inves-1248198627\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 12, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Gold prices fall amid increasing demand for dollar assets<\/strong><\/p>\n<blockquote><p>Gold prices decrease amid the strengthening of the US dollar. As a rule, these two assets move in antiphase and are antagonists of each other. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/trading-conditions\/precious-metals\/xauusd\">XAUUSD<\/a> fall?<\/p><\/blockquote>\n<p>Last week, the US dollar index showed the maximum weekly growth in six months and updated the 6-week high. Investors consider the precious metal to be a heaven asset amid slowing global economic growth and trade wars. The SPDR Gold Trust fund reported a reduction in reserves of the physical metal for five days in a row last week. Another negative factor for gold prices may be the absence of Chinese investors this week due to the celebration of the New Year according to the lunar calendar.<\/p>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/ifccd.net\/uploads\/image\/11-02-2019.png\" alt=\"XAUUSD\" width=\"660px\" \/><\/p>\n<p class=\"emailSummary\">On the daily timeframe, <b>XAUUSD: D1<\/b> is in a rising trend. However, the price increase has slowed down and a number of technical analysis indicators have formed sell signals. It is possible in case of the further strengthening of the US dollar.<\/p>\n<ul class=\"ul-tick\">\n<li>The <b>Parabolic indicator<\/b> gives a bullish signal. It can be used as an additional support level, which should be overcome before opening a sell position.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/bolinger-bands\">Bollinger bands<\/a> have widened, which indicates high volatility.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/rsi\">RSI indicator<\/a> is above 50. It has formed a negative divergence.<\/li>\n<li>The <a href=\"https:\/\/www.ifcmarkets.com\/en\/ntx-indicators\/macd\">MACD indicator<\/a> gives a bearish signal.<\/li>\n<\/ul>\n<p>The bearish momentum may develop in case <b>XAUUSD<\/b> falls below the last fractal low, the Parabolic signal and the support line of the uptrend at 1294. This level may serve as an entry point. The initial stop loss may be placed above the last fractal high and the 9-month high at 1330. After opening the pending order, we shall move the stop to the next fractal low following the Bollinger and Parabolic signals. Thus, we are changing the potential profit\/loss to the breakeven point. More risk-averse traders may switch to the 4-hour chart after the trade and place there a stop loss moving it in the direction of the trade. If the price meets the stop level (1330) without reaching the order (1294), we recommend to close the position: the market sustains internal changes that were not taken into account.<\/p>\n<h2 class=\"emailSummary\" style=\"margin-top: 15px !important;\">Summary of technical analysis<\/h2>\n<table style=\"border: solid 1px black;\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Position<\/b><\/td>\n<td align=\"left\" valign=\"top\">Sell<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Sell stop<\/b><\/td>\n<td align=\"left\" valign=\"top\">Below 1294<\/td>\n<\/tr>\n<tr>\n<td align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td align=\"left\" valign=\"top\">Above 1330<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener\">IFCMarkets<\/a><\/p><div id=\"inves-1975223978\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Gold prices fall amid increasing demand for dollar assets Gold prices decrease amid the strengthening of the US dollar. As a rule, these two assets move in antiphase and are antagonists of each other. Will the XAUUSD fall? Last week, the US dollar index showed the maximum weekly growth in six months and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-141685","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=141685"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141685\/revisions"}],"predecessor-version":[{"id":141697,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/141685\/revisions\/141697"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=141685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=141685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=141685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}