{"id":6187,"date":"2023-12-29T11:03:32","date_gmt":"2023-12-29T03:03:32","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6187"},"modified":"2023-12-29T11:03:32","modified_gmt":"2023-12-29T03:03:32","slug":"focus-on-xauusd-today-29th-december-2023","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/vn\/focus-on-xauusd-today-29th-december-2023\/","title":{"rendered":"Focus XAU\/USD Today \u2013 29th December 2023\u00a0"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color has-medium-font-size\"><time datetime=\"2023-12-29T11:03:32+00:00\"><a href=\"https:\/\/www.umtradings.com\/vn\/focus-on-xauusd-today-29th-december-2023\/\">December 29, 2023<\/a><\/time><\/div>\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-black-color has-text-color\"><strong>Comprehensive XAU\/USD Analysis for December 29, 2023<\/strong><\/h1>\n\n\n\n<p>In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU\/USD for 29th December 2023.\u00a0<\/p>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>XAU\/USD Key Takeaways\u00a0<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.reuters.com\/markets\/us\/market-wall-street-eyes-waning-cash-pile-with-anxiety-2023-12-12\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Tight liquidity\">Tight liquidity<\/a><\/strong>: As the last trading day before New Year\u2019s Day, many exchanges may close early today. Be wary of liquidity shortages.\u00a0<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.reuters.com\/markets\/currencies\/dollar-under-pressure-rate-cut-wagers-thin-holiday-market-2023-12-27\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"U.S. dollar is weak\">U.S. dollar is weak<\/a><\/strong>: As the market expects that the U.S. will quickly cut interest rates and the market balance will tighten next year, funds have flowed into other markets. However, due to the oversold dollar in the early stage, it currently needs to consolidate.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>XAU\/USD Technical Analysis\u00a0<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>XAU\/USD <mark class=\"has-inline-color has-black-color\">Daily Chart Insights<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"461\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/1-7-1.jpg\" alt=\"XAU\/USD Daily Chart Insights By Ultima Markets MT4\" class=\"wp-image-6188\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/1-7-1.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/1-7-1-300x200.jpg 300w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/1-7-1-600x400.jpg 600w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The fast line of the indicator is about to cross the slow line, suggesting that the current upward trend of gold prices will slow down in the short term.&nbsp;<\/li>\n\n\n\n<li><strong>Price Action<\/strong>: After the gold price broke through the high of pin bar on Wednesday, it fell rapidly yesterday and was bearishly engulfed. The market is likely to usher in a correction.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>XAU\/USD <mark class=\"has-inline-color has-black-color\">1-hour Chart Analysis<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"464\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/2-6.jpg\" alt=\"XAU\/USD 1-hour Chart Analysis By Ultima Markets MT4\" class=\"wp-image-6189\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/2-6.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/2-6-300x202.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stochastic Oscillator<\/strong>: The indicator enters the oversold area, short-term short forces have the upper hand, and short-selling opportunities need to wait for the indicator to get out of oversold.&nbsp;<\/li>\n\n\n\n<li><strong>Moving average<\/strong> : After the gold price fell below the 65-period moving average, the blue 17-period moving average is not yet close to the 65-period moving average. In theory, when the short-term moving average is close to the long-term moving average, the price will form a retracement pattern. Wait for the retracement to appear and observe whether there are short selling opportunities.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center has-black-color has-text-color\"><strong><em>Trading Central <mark class=\"has-inline-color has-black-color\">Pivot Indicator<\/mark><\/em><\/strong><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"690\" height=\"507\" src=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/3-6.jpg\" alt=\"Trading Central Pivot Indicator\" class=\"wp-image-6190\" srcset=\"https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/3-6.jpg 690w, https:\/\/www.umtradings.com\/vn\/wp-content\/uploads\/sites\/16\/2023\/12\/3-6-300x220.jpg 300w\" sizes=\"auto, (max-width: 690px) 100vw, 690px\" \/><\/figure>\n<\/div>\n\n\n<ul class=\"wp-block-list\">\n<li>According to the trading central in <a href=\"https:\/\/www.umtradings.com\/trading\/trading-platforms\/app\/\" target=\"_blank\" rel=\"noopener nofollow\" title=\"Ultima Markets APP\">Ultima Markets APP<\/a>, the central price of the day is established at 2076.00,\u00a0<\/li>\n\n\n\n<li><strong>Bullish Scenario<\/strong>: Bullish sentiment prevails above 2076.00, first target 2082.00, second target 2088.00;&nbsp;<\/li>\n\n\n\n<li><strong>Bearish Outlook<\/strong>: In a bearish scenario below 2076.00, first target 2060.00, second target 2051.00.&nbsp;<\/li>\n<\/ul>\n\n\n\n<div style=\"color:#ddd\" class=\"wp-block-genesis-blocks-gb-spacer gb-block-spacer gb-divider-solid gb-divider-size-1\"><hr style=\"height:30px\" \/><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Conclusion\u00a0<\/strong><\/h2>\n\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Comprehensive XAU\/USD Analysis for December 29, 2023 In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAU\/USD for 29th December 2023.\u00a0 XAU\/USD Key Takeaways\u00a0 XAU\/USD Technical Analysis\u00a0 XAU\/USD Daily Chart Insights XAU\/USD 1-hour Chart Analysis Trading Central Pivot Indicator Conclusion\u00a0<\/p>\n","protected":false},"author":13,"featured_media":6191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[6,11],"tags":[77,78],"class_list":["post-6187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-technical-analysis","tag-gold","tag-xauusd"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/6187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/comments?post=6187"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/posts\/6187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media\/6191"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/media?parent=6187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/categories?post=6187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/vn\/wp-json\/wp\/v2\/tags?post=6187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}