XAUUSD Time to turn bearish short-term.Just 2 weeks ago (August 13, see chart below), we turned bullish on Gold (XAUUSD) as the new Bullish Leg of its 12-week Channel Up started:
Now that our 2545 Target is very close to getting hit, the price should price its new Higher High and then start a technical pull-back in the form of its new Bearish Leg. Once the 1D RSI hits the 3-month Resistance Zone, we will have our sell signal.
Given that the previous Bearish Leg bottomed on the 0.618 Fibonacci retracement level, we set a rather modest Target at 2450 for our sell (quite higher than the projected 0.618 Fib).
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Goldsignals
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Xauusd weekly chart Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold continues to test the mid-July all-time high at $2,484/oz. and is likely to do so again but slightly further out. The daily chart remains technically bullish - short-term higher lows and supportive simple moving averages – with initial support off the 20-dsma at $2,417/oz. followed by $2,400/oz. A break below $2,380/oz. would negate the short-term bullish outlook.
Gold confirm signal weekly chart
GOLD (XAUUSD): Bullish Movement to All Time High
Gold closed in a very strong bullish mood this week.
The price retested a recently broken horizontal resistance,
bounced and violated a resistance line of a bullish flag pattern on a 4H time frame.
Probabilities are high that the market will continue growing next week.
Next goal for buyers will be the resistance based on a current All Time High.
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GOLD NEW ATH COMING 2500$HELLO TRADERS
As you can see our previous analysis hit all given targets on #Gold and now after ATH it had done a nice retrace to 2300$ and now if we see the geopolitical issue around the world and US economy shirking down and down day by day Bricks and WW3 China trades and war seems not going to stop soon as we can US Gov Support and Funding all his allies and many other things els we expected that if #Gold hold above 2300$ then this is going to create a new all Time High if we see technically view GOLD is now trading above 2300$ levels after ATH it had retrace 1500+ pips this week NFP outcome can create volatility in markets I had Drawn a Fib retracement till last dip it show Gold perform well to the Golden Fib levels Friends this is just a trade idea Share Ur thoughts with us it help many other traders
Gold Analysis==>> More DumpsAs I expected in the previous post , Gold started its correction from the Potential Reversal Zone(PRZ) .
Gold has already managed to break the lower line of the ascending channel .
Also, Sell Signal is created by EMA(100) and SMA(100) .
I expect Gold to continue to correct and, at least, fall to the Targets I have outlined on the chart.
Note: We should wait for the Gold pump if Gold can break the Resistance zone($2,501-$2,493) and Downtrend line.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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GOLD (XAUUSD): Strong Bullish Signal During the Asian Session
Gold retested a recently broken daily structure resistance that was based
on a previous all-time high yesterday.
During the Asian session today, the price formed a strong intraday bullish confirmation.
Retesting the underlined blue area the price formed a cup & handle pattern
and violated its neckline.
Now we see a nice bullish movement.
It may continue at least till Powell speech later on today.
I did not manage to trade this setup because I was sleeping when it was formed.
But it is a perfect example of a confirmation trading that I teach you and I hope
that those who trade the Asian session managed to recognize this signal.
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THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would be looking for that lower support level of 2420-25 to target, and if it held we felt the opportunity to long into the 2450-55 region and the extension of the move into the 2465-8 price points would be available. We got that move almost to the pip from the open, completing the move in the early part of the week.
During the week we update traders with the short potential trade from the order region, which again completed and then suggested going long again once we saw the structure support 2430-25 form. This move here gave traders the opportunity to target that all time high, completing numerous Excalibur targets along the way. One of which we had highlighted last week on the chart.
So, what can we expect in the week ahead?
For this week we’re going to keep it simple. Due to the lack of data up here we’ll have to modify and adapt as the market continues. We have potential resistance above sitting around 2515-20 and we now have the support level below sitting around the 2480-75 region which could be a potential target level for the retracement of this move, but price needs to hold this level. Breaking below it can correct this whole move to the downside, so if you are going to attempt going long, please make sure the set up is clean, and please, try not to go long up here unless there is that retracement. As you’ve seen, Red boxes help in identifying the key regions and give bounces a majority of the time. If the level is held, we see an opportunity to continue this move back up towards the 2520 and above that 2530 regions with extension of the move into 2540-45. These levels above we’re going to label as order regions but that’s yet to be confirmed.
Nice and easy this week, take your time with the trades, make sure the set up is right and clean. Try not to jump in just because you’ve identified a target, as we’ve said above, they can correct this whole move so lets play defence this week.
KOG’s bias of the week:
Bullish above 2475 with targets above 2510, 2525 and 2540
Bearish on break of 2475 with targets below 2450
As always, we’ll update you during the week.
Look out for:
KOG’s daily bias and targets
Red boxes – Our strategy which is proving to a huge hit with our traders and team
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURUSD Buy ideaprice had a rally upwards in last few days and it had a immediate resistance over there the price have already broken that level of resistance and seems like bulls are still in control as SMA 50 also shows the bull run is still on so we are waiting for the consolidation range to break above and show some bullish price action so we could be a part of this bull run
Gold Analysis==>>CorrectionGold has managed to break the Heavy Resistance zone($2,484-$2,431) and the Resistance line and is currently moving in an Ascending channel .
According to Elliott's wave theory , Gold seems to be completing the main wave 5 .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to drop from the Potential Reversal Zone(PRZ) to at least the lower line of the Ascending channel.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold Surges to $2531: New ATH with Key Demand Zones in Focus By reviewing the latest #gold chart on the 2-hour timeframe, we can see that after yesterday's analysis and reaching the key level of $2486, the price was met with strong demand and has since established a new all-time high, reaching $2531! With this recent rise, a Fair Value Gap (FVG) has formed in the $2520 to $2506 range, which I expect to be filled in the short term. The uptrend remains intact, and there are no strong signs of a reversal or decline. The key demand zones to watch are $2506 to $2469 and $2477 to $2486.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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XAU/USD: Gold Will Fall ? Let's See (READ THE CAPTION)By reviewing the latest #Gold chart on the 6-hour timeframe, we can see that the price has dropped over 230 pips since last night, and as expected, we're starting to see the first signs of a price reversal on the chart! A large Fair Value Gap (FVG) between $2465 and $2486 was created on Friday with the price surge, and I expect this gap to be filled soon. Keep a close eye on how the price reacts to the levels of $2486, $2480, $2473, $2468, and $2463.3.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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Maximise Your Trading Success 3 Essential Tips for Setting AlertSetting alerts in trading is crucial for effective risk management and maximising opportunities. Here are three key reasons why you should set alerts:
1. Timely Response to Market Movements:
Proactive Trading: Alerts enable traders to respond promptly to significant market movements, ensuring they don't miss critical entry or exit points. This is particularly important in the highly volatile markets, where prices can change rapidly.
Automation: Automated alerts reduce the need for constant monitoring, allowing traders to focus on analysis and strategy while being notified of important market events.
2. Risk Management:
Stop-Loss and Take-Profit Alerts: Alerts can help enforce disciplined trading by reminding traders to execute their stop-loss or take-profit orders, thus limiting potential losses and securing profits.
Risk Mitigation: By setting alerts for specific price levels or economic events, traders can better manage risk and avoid significant losses due to unforeseen market changes.
3. Enhanced Trading Efficiency:
Focus on Strategy: Alerts allow traders to concentrate on their trading strategy without being glued to their screens all day. This can lead to more thoughtful decision-making and reduced emotional trading.
Opportunities Identification: Alerts can be set for various technical indicators or chart patterns, helping traders to identify and act on potential trading opportunities more efficiently.
Setting alerts in forex trading enhances your ability to respond to market changes quickly, manage risk effectively, and improve overall trading efficiency.
XAUUSD made HISTORY above $2500 for 1st time ever! What's next?Gold (XAUUSD) broke last Friday above the $2500 threshold for the first time in its history. Amidst growing economic slowdown and geopolitical concerns, the yellow metal seems again to be winning the 'safe haven race' against its peers. But can it continue this aggressive rise?
To answer this we revisit today the April 15 (see chart below) analysis that helped us project the medium-term correction following the early 2024 rally:
The essence of this analysis was the high degree of symmetry in Gold's price action since the December 2015 Low. What helped us anticipate the April - June 2024 correction was the similarities of the Bull Phase that started after the October 2023 Low with the August 2018 - July 2020 Bull Phase.
The 2019 mid-Bull Phase correction took place after a +34.80% rise within the 0.5 and 0.382 Fibonacci levels. The December 2023 - Jan 2024 correction took place after a +32.70% rise and if we place it within the 0.5 - 0.382 Fibonacci level, we can assume that Gold is now on the final stage of this Bull Phase.
It technically tops at 2900 but we will be satisfied with a 2800 Target as proportionally it will be closer to the post 0.382 Fib rise of the previous Bull Phase (41.80% against 43.80%). Note that in all cases, the 1W MA50 (blue trend-line) held as Support and as long as it does, the trend will be bullish long-term.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold Surges to New Highs: Will the Rally Continue or Reverse? By reviewing the latest #Gold chart on the 4-hour timeframe, we can see that on Friday, after reaching the target zone ($2471 to $2477), the price experienced only a brief negative reaction, which was quickly recovered, and finally managed to establish a new high, rising to $2509! Currently, there are no signs of a price reversal in this timeframe. To better predict and analyze gold's next move, we need to wait for a reversal pattern to emerge. Don’t rush into trading; wait for the price to stabilize! This analysis will be updated tomorrow before the New York session begins.
This fast rise to $2509 relates to a prediction I made back on the 4th of December 2023, when gold was trading around $2067. At that time, I forecasted that gold might reach $2500 within the next five years. Yet, here we are, less than a year later, and gold has already hit that milestone!
The speed at which this has happened has surprised even me. Over the months, we have seen several global events rapidly changing and increasing gold demand through:
• Geopolitical Conflicts: Everlasting wars and increasing tensions shifted investors' interest to safe-haven assets like gold.
• Political Instability: Shifting powers and unpredictable political landscapes make gold an attractive option.
• Changes in Geographies: Global geopolitical realignments and territorial disputes have contributed to market vagaries.
• High Global Inflation: The world has experienced great levels of inflation, making more and more people use gold to hedge their wealth.
• Rising Consumer Prices: With prices soaring, gold has proven to be a favorite store of value.
All these and more have combined to accelerate the rate of growth in gold well beyond our initial expectations. This is a very clear reminder of how uncertain the markets are and why we can only get ahead with constant updating of knowledge to new, adapting social and economic conditions; otherwise, we fall far behind.
Let's continue to be well informed, adapt quickly, and catch the opportunities that are likely to come across us on our way. The future is so unpredictable, but with the correct mindset and strategy, for sure, we will certainly find our way through!
For further context, check out my original analysis from December (2023) ! just click the chart below to dive in!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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GOLD (XAUUSD): The Next Resistance?!
As Gold updated the ATH on Friday,
here is the next potential resistance on focus.
It is based on a major rising trend line on a daily,
based on 4 important previous highs.
I think that we will see a pullback from that.
I will post the update after its test.
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XAU/USD : Potential Sell Positions ! (READ THE CAPTION)By reviewing the 2-hour gold chart, we observe that after yesterday’s drop from $2480 to $2438, the price stabilized a bit in the $2438 to $2444 range. With increased demand, it has managed to rise to $2466 so far! The purpose of this rise was to fill the liquidity gap that was created yesterday. Keep an eye on the price’s reaction to the two levels of $2466.6 and $2470.7 for potential Sell Poistion !
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.