Xauusdlong
Continued correction from the level. Time to sell from the levelContinued correction from the level. Time to sell from the level.
The gold market is currently characterized by high volatility and uncertainty. Gold is trading at levels that can serve as both support and resistance, depending on macroeconomic factors such as inflation, interest rates and global economic instability. Investors will turn to gold as a safe haven amid the risks associated with financial markets. Analysts are watching how gold prices react to news of changes in central banks' monetary policies, which could affect its value in the short and long term. There is also interest in gold as a hedge against a potential recession.
Gold rebounds and continues to shortGold's 4-hour moving average is still turning. If it goes down, then the downside of gold will increase. The resistance of gold's 4-hour moving average is now around 2407. Gold rebounds and continues to be under pressure from the moving average resistance. Gold continues to be short. Gold is just rebounding now. Don't mistake the rebound for a reversal. Gold shorts are not over yet. Gold rebounded in the afternoon, but did not break through yesterday's high, and it fell under pressure. There are still many resistances above. Gold rebounded to 2505-07 and went short directly!
From the 4-hour analysis, today's upper resistance is focused on yesterday's opening point of 2507-12. Intraday pullbacks will rely on this position to continue to focus on shorts and look for a decline. The lower target will continue to break the bottom. In the short term, the dividing line between the long and short strength of gold prices will focus on the 2515 mark. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity, and the main tone of participating in the trend should be maintained.
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.
Trading signals GOLD september 3Support: 2485 – 2,471 USD
Resistance: 2,513 – 2,531 - 2550 USD
SELL XAUUSD PRICE 2551 - 2549⚡️
↠↠ Stoploss 2555
→Take Profit 1 2544
↨
→Take Profit 2 2539
SELL XAUUSD PRICE 2512 - 2514⚡️
↠↠ Stoploss 2517
→Take Profit 1 2505
↨
→Take Profit 2 2495
BUY XAUUSD PRICE 2484 - 2486⚡️
↠↠ Stoploss 2479
→Take Profit 1 2489
↨
→Take Profit 2 2494
BUY XAUUSD PRICE 2470 - 2472⚡️
↠↠ Stoploss 2467
→Take Profit 1 2475
↨
→Take Profit 2 2494
⚡️Psychology, discipline and capital management are the three factors that make victory possible.⚡️
Gold entered into a bearish structure after breaking channelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Buy Gold (Xau/Usd) ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2497, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2522
Stop-Loss: To manage risk, place a stop-loss order below 2489. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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September - Target to reach new ATH XAU/USD✍️ NOVA hello everyone, Let's comment on gold price next week from 9/2 - 9/6/2024
🔥 World situation:
Gold prices dropped over 0.90% on Friday, falling below $2,500 for the second time this week after the US Department of Commerce reported that inflation continues to decline, as shown by July’s core Personal Consumption Expenditures (PCE) Price Index. Currently, XAU/USD is trading at $2,497, after reaching a high of $2,526 earlier.
The US Bureau of Economic Analysis (BEA) revealed that the Fed’s preferred inflation measure, the core PCE, slightly missed expectations but matched June’s figures. This data supports the Fed's plans to begin easing monetary policy at the September meeting, though the size of the initial rate cut remains uncertain.
🔥 Identify:
Gold price adjustment to the sideway zone below 2490 - 2500 is essential for a strong increase in the upcoming price. The Uptrend is still dominant in the long-term frames H1, H4, D1
🔥 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: $2531, $2542, 2590
Support : $2473, $2425
🔥 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
XAU/USD "GOLD" Robbery plan to steal the gold in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/USD "GOLD" Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
XAUUSD:Bullish resistance 2513-2527
This week features a significant amount of data with substantial impact, which is likely to lead to considerable market volatility. This presents both risks and opportunities—if managed well, doubling profits is achievable.
In Monday’s gold trading, start by taking long positions since the market is still consolidating within a flag pattern and has not broken below the support near 2488. Focus on the resistance levels at 2509-2515 and then around 2527. This resistance level is well-known and has been tested four times without an effective breakout, so it’s prudent to trade within this range for now.
Given the recent instability in the broader environment, there’s potential for gold bulls, but this assumes further deterioration in the situation. If the market remains indecisive, bulls may lack the strength to drive a significant rally. From a mid-term perspective, I personally believe that selling at higher levels may be more favorable.
Gold reversal zone. Selling with a correction Gold reversal zone. Selling with a correction
The situation in the gold market is currently at a level of heightened investor interest due to several factors: global economic uncertainty, inflation risks and political instability. Gold prices are showing steady growth and remain at high levels due to its status as a safe-haven asset. Central banks of some countries continue to accumulate gold in their reserves, which also supports its value. At the same time, rising interest rates may put pressure on the prices of gold assets, as investors may prefer higher yielding instruments. Analyzing changes in economic indicators and geopolitical situation becomes important for predicting further movement of gold prices.
XAU USD After reaching the target areas on the 4-hour frame, we have two scenarios that the market has started to form with the aim of rising to the target:
The first scenario (drawn in white as shown in the picture): Decline now and take the buying areas then break the CHOCH area.
The second scenario (drawn in blue as shown in the picture): Break the X line then correct to the BC areas then take a new entry and stop and we cannot determine them now and this depends on the strength of the rise and how far it will reach after breaking the X line but the structure was drawn for clarification.
Continue to hold a bulls in the 2515-2516 areaBrothers, although gold once rebounded to around 2526, I explained six reasons in my private domain that gold cannot be shorted, and gold may challenge the previous high again or even set a new high. So I refused to short gold.
Gold once retreated to around 2515, brothers! Although I did not short gold, it is obvious that I seized the opportunity to go long on gold in the 2515-2516 area!
I cannot guarantee that gold will reach a new high, but I think gold will challenge the resistance in the 2525-2530 area at least once. Once it breaks through this resistance area, gold may continue to rise and touch the 2540-2550 area. So I still hold my long position now, let us look forward to the performance of gold together!
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XAUUSD: Today will be the last chance to set a new highYesterday we sold at 2525 and closed at 2515. Just now, the gold price rebounded to 2525 again. I notified in the channel that I had done such a transaction again, and now it has been closed with profit. I believe that friends who have followed my trading strategies have made huge profits. Congratulations to everyone.
The 2525-2530 area has not broken for 5 consecutive times, which will obviously have a negative impact on the strength of the bulls.
However, I observed that in the 1H chart, the recent lows of gold prices are constantly moving up, which shows that gold prices are moving upward. Although the highs have been stuck in the 2525-2530 area, the upward movement of the lows indicates that there is already an idea of breaking through the resistance range.
In addition, there are multiple data to be released today, among which the important data PCE price index will be the top priority of the market. Once several of these data are bullish, coupled with the current high global risk aversion, I think gold is likely to break through the resistance.
Therefore, based on the above information, I give the following trading strategy:
Buy bullish when the price falls back to the 2500-2510 area
Or wait for the PCE data to be released and make other plans based on the data performance
I prefer the former because I have a feeling that the gold price will hit a new high today
XAUUSD:Flag pattern consolidation, watch for the breakout direct
Gold continues to fluctuate at high levels. Keep an eye on the resistance. If it breaks through, we could see a significant rally next week. If it fails to break through, you can continue trading within the 2480-2520 range until the market decides on a direction.
If the support is broken, the next low could appear below 2450. If the resistance is broken, the high has a chance of reaching the 2543-2558 range.
XAUUSD: Price will likely to continue rising up towards 2558$! Dear Traders,
Price is likely to continue rising up towards 2558$ as price has been consolidating since last few days. Sellers tried to take the price down but they failed to do it so and it reversed back from our previous buying entry point. We will having big news in coming days which will likely to shape the market and trend. Good luck.
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.