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XAUUSDHello Traders! What are your thoughts on GOLD ? Gold is currently oscillating between two key support and resistance zones Resistance Zone: A significant resistance level is identified around the $2,680 mark. The price has tested this level multiple times and bounced back. If this level is broken and the price stabilizes above it, we could see a further upward movement. You can consider entering a buy position after confirming the breakout. Support Zone: The key support level is around $2,630. If this support zone is broken and the price stabilizes below it, a drop toward the $2,576 level is likely. In this case, you might look for sell opportunities. As long as the price is fluctuating between these two zones, it's better to avoid entering trades and wait for a breakout. A break above the resistance signals a buy, while a break below the support signals a sell. If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️
FOREXCOM:XAUUSD
by HAMED_AZ
3
Gold fluctuates and awaits non-agricultural data!!!For today, we need to divide the non-agricultural data into two parts. 1. Before the data, it rose in the morning. The European market rose and fell in the past two days. From the perspective of the daily line pattern, it tested 2664 4 times, and the resistance level was very small. This must be a breakthrough, but if this breakthrough continues to fall, it will not make much sense. So, either it is around 2658-60, with a loss of 50, and look at 2673=75 above, and arrive before the data. 2. Give up the intraday market and wait for non-agricultural data. Referring to Wednesday's ADP, the non-agricultural data is likely to bottom out and rebound, but this bottoming must be based on the breakthrough and rise in the European market, and the US market will see a bottoming and rebound. If it has been suppressed below 2664 during the day, then the bottoming and rebounding will not make much sense. The trend is not very strong. Only if it breaks through during the day and the US market bottoms out and rebounds, there is a risk of breaking high. If it is suppressed, it is likely to continue to fluctuate. So whether it is strong today depends on the strength of the breakthrough in the European market. If there is no breakthrough, look for shocks; if there is a breakthrough, look for strength
TVC:GOLDLong
by David_strategy
1
PMI - momentum for NF - prepares to increase prices⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices remain supported by escalating Middle East tensions. On Tuesday, Iran fired over 200 missiles at Israel, and early Thursday, Israel launched airstrikes on central Beirut, Lebanon, increasing fears of a larger conflict. This ongoing instability boosts demand for safe-haven assets like gold. Meanwhile, traders are likely holding back from making strong moves, awaiting Friday's key US Nonfarm Payrolls (NFP) report for clearer direction. ⭐️ Personal comments NOVA: According to the H1 frame - gold prices form an upward trend - NF this week will determine the upcoming trend for Gold - NOVA leans towards upward price momentum thanks to middle east tensions - gold price has more upward momentum ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2644 - $2641 SL $2637 TP1: $2650 TP2: $2660 TP3: $2672 🔥SELL GOLD zone: $2672 - $2674 SL $2679 TP1: $2665 TP2: $2650 TP3: $2641 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
8
Gold keeps hitting new highs, and today is the day to see a breaThe gold price moves perfectly along the trend line. It starts to rise when it approaches the trend line. Gold is accumulating strength at a high level. Today, the gold price may break through the historical high and start the rising mode. The gold price trend is very healthy. It starts to rise when it approaches the trend line and important moving average. The best operation is to follow the trend, because the risk of going long is much lower, just like the Chinese A-shares that are winning by doing nothing now. Shorting may burst at any time, and going long may reach the daily limit at any time. Today's data: The number of layoffs of challenger companies in the United States in September (10,000 people) The number of initial jobless claims in the United States as of the week ending September 28 (10,000 people) The final value of the S&P Global Services PMI in the United States in September Trading strategy: Gold 2640 more, stop loss 2630, target 2665--------2670
TVC:GOLDLong
by David_strategy
1
This Week’s Profit Doubling PlanNews: Today's U.S. market will have a sharp bearish gold on the ‘U.S. ADP employment numbers for September’, but gold did not fall in time. This is not difficult to understand. After all, many investors in the market do not buy short-selling accounts after the interest rate hike. But I think there will definitely be a wave of bearish trends in the future. At the same time, some international institutions will use this wave to increase shipments. After all, the U.S. economy is still recovering, so to a certain extent, it will suppress the rise of gold. Judging from the bearish gold in the US ADP data tonight, the US economy has also been developing for the better recently.Therefore, there is a high probability that the speech of the Fed governor later will be bearish on gold.Then this Friday's ’U.S. September quarter-adjusted non-farm payrolls' data will also bearish gold. So the overall gold trend this week is empty!Insist on short-selling! Today's strategy: Short the gold market near 2660, and add a position near 2665! Daily strategy, daily updates, remember to pay more attention,A lot of benefits!
OANDA:XAUUSDShort
by Falcon-Training-Camp
Gold OutlookAs Gold was consolidating from two days and have not given any clear direction ⬇️⬆️ now it seems like it has completed its consolidation phase and we can a All time High for this week as we are awaiting for Unemployment claims which can be distributing for TVC:DXY and Gold can fly as the forecast says it has higher ratio than previous week also we will be waiting for Institute of Supply managments data which can power up USD as forecast so we will careful at the time of news tomorrow we will have an important news of NFP which will crucial to decide the direction of Gold for next week As well as i am concerned what i am seeing through my technical data is Gold has formed a inverse head and shoulder pattern which is a bullish reversal pattern and as i have mentioned in my Chart gold has completed it 2nd shoulder after which i expecte a Boom in price here is important thing to remember is we have an ATH resistance waiting up there price can return from there for tomorrow Confluence is price is bullish over Monthly to weekly to Daily to H4 to H1 Previously Price has formed its bearish move on H1 but now it has got back to its bullish trend and following bigger time frames Wish u luck
OANDA:XAUUSDLong
by Wakeel_Saab
10.3 Gold short-term operation strategyAt present, gold continues to fluctuate. The hourly chart has formed a converging triangle. The short-term support is 2648, and the upper pressure is at 2670. From the daily chart, the "big positive front resistance line" pattern has been formed. Under the support of the big positive line of last week, after repeated short-term fluctuations, the market tends to choose to break down! ! ! Today's data: The number of initial jobless claims in the United States as of September 28 (10,000) Intraday operations: BUY: 2648 Stop loss: 2643 Target: 2655----2660 SELL: 2665 Stop loss: 2660 Target: 2630----2625
TVC:GOLDLong
by David_strategy
1
Huge border jam XAU 2625 - 2671! wait for ADP-NF⭐️Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) dipped during early European trading on Wednesday, giving back part of the previous day's 1% surge, which was driven by escalating tensions in the Middle East. Concerns of a wider conflict rose after Iran fired ballistic missiles at Israel, increasing demand for the safe-haven asset. However, reduced expectations for aggressive rate cuts by the Federal Reserve (Fed) limited further gains for gold. At the same time, the US Dollar held onto its recent recovery, supported by a resilient labor market, which also weighed on gold. Despite this, XAU/USD remains close to last week's record high, with the overall outlook still favoring bulls. Traders now await the US ADP employment report for direction, ahead of Friday's key Nonfarm Payrolls data. ⭐️ Personal comments NOVA: Gold prices rose sharply after yesterday's war news - but fell sharply afterwards - moving within a large range awaiting this week's ADP-NF and NF data ⭐️ SET UP GOLD PRICE: 🔥 BUY GOLD zone: $2635 - $2637 SL $2630 TP1: $2645 TP2: $2660 TP3: $2672 🔥 BUY GOLD zone: $2620 - $2622 SL $2615 TP1: $2635 TP2: $2645 TP3: $2660 🔥 SELL GOLD zone: $2681 - $2683 SL $2688 TP1: $2670 TP2: $2660 TP3: $2650 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
7
10.2 Gold bottoms out and correction is made from high levelsGold daily line is still sideways at a high level, and the K line continues to deviate far from the moving average. This is an abnormal trend. The gold price will inevitably return to the moving average. This is inevitable. At the same time, there is an obvious double top pattern near 2670, and the upper shadow line continues to close. Gold fell under pressure from the high level in 4 hours. Gold continued to have a double top structure in 4 hours. Gold rose to 2673 last night and fell under pressure. The resistance is obvious. The tension in the Middle East is still an important factor affecting the gold price. This week will usher in non-agricultural data. Intraday operation: SELL: 2675 Target: 2660------2650 BUY: 2645 Target: 2665------2675
TVC:GOLDLong
by David_strategy
9
This week's gold trading strategyThis week's gold trading strategy, be able to understand and follow, there will be a 50% profit this week! News: Everyone knows that the US Federal Reserve cut interest rates some time ago, which added a fire to the entire gold market. In addition, the global geopolitical conflict has ignited the entire gold market, causing the price of gold to reach 2700!For all of us traders, what we want to know most is which direction the market should go next. First of all, the news is that the United States has cut interest rates, and the impact of geopolitical risks has been almost digested by the market, so it is a bit difficult for gold to hit the high point! In addition, after the U.S. interest rate cut, it will definitely focus on economic development, so the U.S. economy will improve next, so the dollar index will rise, and the price of gold will also fluctuate and fall! So I judge that in the next week or so, the gold market will fluctuate and fall! Technical aspects: You can see that the candlestick chart of gold is currently in a downtrend channel. Although it has broken through the top of the uptrend channel, it is not a real technical breakthrough. It is caused by today's US data ‘ISM Manufacturing PMI for September'. Gold will return to the trend next, so it is best to go short at a high level, but go long at a low level in the trend! News forecast: U.S. ADP employment in September (10,000 people)-bearish gold U.S. non-farm payrolls after September quarter-adjusted (10,000 people)-bearish gold This week's point strategy: 2670 short, 2675 increase position 2620 go long, 2615 increase position If you want to see specific trading signal strategies, please consult in the comments area!
OANDA:XAUUSDShort
by Falcon-Training-Camp
1
XAU correction - market balance ! DOWN ✍️ NOVA hello everyone, Let's comment on gold price next week from 9/30 - 10/04/2024 🔥 World situation: Gold dropped to a three-day low below $2,650 after the US Bureau of Economic Analysis (BEA) reported that September inflation is moving closer to the Federal Reserve's (Fed) target. Despite expectations for more Fed rate cuts, gold struggled as traders likely took profits. Currently, XAU/USD is trading at $2,657, down nearly 0.50%. Earlier, the BEA announced that the Fed's preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, showed progress toward the 2% goal in August. Core PCE also rose slightly compared to July’s data. 🔥 Identify: Gold price completed 5 elliott waves, H4 frame uptrend. Waiting for gold correction chip to decrease in the near future 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2685, $2702 Support : $2643, $2628, 2571 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
3
XAU | USD! sideway downtrend 10/1/24XAU / USD trend forecast October 1, 2024 Gold price (XAU/USD) holds modest gains in early European trading on Tuesday but remains below last week's record high. Fed Chair Jerome Powell's hawkish remarks on Monday led investors to reduce expectations of aggressive rate cuts. This supported the US Dollar, which continues to recover from its lowest level since July 2023, creating a headwind for gold. Based on M30, price adjustment h1 frame, XAU down /// BUY XAU : zone 2624-2626 SL: 2618 TP: 50 - 100 - 150 pips (2639) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
Gold 4H Trend Continuation Setup Gold is currently trading under the FibCloud and touching the 0.6 Fibonacci retracement level on the 4-hour chart. While this setup favors a continuation of the downtrend, there’s also a possibility of a breakout at this stage. I expect a potential test of the 2,658 Sunday open area before the market shows its true direction. So far, Gold has been printing a well-controlled downtrend, but it’s important to stay alert for any changes in momentum. Technical Analysis: • Gold is trading below the FibCloud, signaling bearish momentum. • The price is testing the 0.6 Fibonacci retracement, a key level that could either result in a trend continuation or a breakout. • A retest of the 2,658 Sunday open area may occur before the market confirms its next move. • I’m expecting a move towards the 2,600-2,620 price range if the downtrend continues. At this point, the trade could go either way—continuing the downtrend or breaking out. The 2,658 area will be key in determining the next move. For now, Gold has maintained a structured downtrend, and I’m favoring a short position targeting the 2,600-2,620 range. As always, proper risk management is essential in these conditions. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:GOLDShort
by AR33_
XAU bearish sideway - waiting for NF this week⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION : Gold prices (XAU/USD) ticked up slightly during the Asian session on Tuesday, halting a two-day decline and pausing the recent pullback from last week’s all-time high. However, the increase lacks strong momentum due to modest US Dollar strength, supported by Federal Reserve Chair Jerome Powell's hawkish comments on Monday and optimism around China's stimulus efforts, both limiting gains for the safe-haven asset. That said, significant declines in gold remain unlikely, given ongoing geopolitical tensions in the Middle East. Additionally, expectations of further US rate cuts amid slowing inflation and hopes for China's stimulus to boost physical demand should continue to support XAU/USD. Traders are now awaiting US macroeconomic data and Fed commentary for further direction. ⭐️Personal comments NOVA: Gold price clearly shows a downward adjustment trend in the H1 frame - sideway price range 2625 - 2648 waiting for NF this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2628 - $2626 SL $2620 TP1: $2633 TP2: $2640 TP3: $2648 🔥SELL GOLD zone: $2648 - $2650 SL $2655 TP1: $2640 TP2: $2633 TP3: $2625 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
5
10.1 Analysis of gold short-term technical operations1. The daily line has adjusted for two days and just stepped back on the 10-day moving average. According to the bulls, this is a typical correction. The biggest step back in the strong trend is 10 days. Whether it can go up today is very critical. 2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase. 3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom. It cannot continue the retracement. 2623 is the retracement of the rise to 382, ​​which is very critical. It breaks the bottom and affects the bulls. In addition, the daily line is weak, so the rise is affected. And today, it is above the turning point of long and short. The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
TVC:GOLDLong
by David_strategy
Gold's short-term downturn has passed, go long at 30Gold is long near 2630. Gold has gone out of the turning point, the decline is over, and it is about to start rising. Go long in the short term today, seize this opportunity to get a big wave. Gold fell back to the moving average and closed with a hammer line, and the turning point signal is obvious. Go long near 2630. If we look at the moving average, it also meets the bullish trend, because every time the gold price falls back to the moving average, there will be a rebound. Can it rebound and break the historical high? Let's not consider it for now, grab the long orders near 2630, and let the market give us the rise we want. Trading strategy: Gold is long at 2630, stop loss at 2620, target 2650-------2655
TVC:GOLDLong
by David_strategy
4
GOLD ! 9/30 ! down adjustmentXAU / USD trend forecast September 30, 2024 Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes killed Nabil Kaouk, the deputy head of Hezbollah's Central Council, marking the seventh Hezbollah leader killed in just over a week. Based on M30, price adjustment h1 frame, XAU down /// SELL XAU : zone 2664-2667 SL: 2672 TP: 50 - 150 - 300 pips (2637) Safe and profitable trading
OANDA:XAUUSDShort
by Moon-ForexAcademy
1
XAU cumulative adjustment process !! wait NF ⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) started the week slightly lower but remain within a recent trading range, close to last Thursday's record high. Tensions rose as Israel escalated conflict at its Lebanon border, increasing geopolitical risks in the Middle East. Additionally, news of Japan's Prime Minister Shigeru Ishiba planning a general election on October 27, alongside US political uncertainties, provides support for the safe-haven asset. Dovish expectations from the Federal Reserve keep the US Dollar near its lowest point since July 2023, which may further support gold. However, a risk-on mood driven by new stimulus measures from China puts some pressure on XAU/USD. Despite this, the broader outlook favors potential dip-buying opportunities. ⭐️ Personal comments NOVA: According to the H1 frame, the gold price is in two adjustment and downtrend lines, waiting for NF news this week ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2643 - $2641 SL $2636 TP1: $2650 TP2: $2655 TP3: $2662 🔥SELL GOLD zone: $2670 - $2672 SL $2677 TP1: $2663 TP2: $2657 TP3: $2650 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDShort
by Nova-Scalper
1