Xauusdlong
NF - NEW ATH XAU - market expectations⭐️ Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price rises to around $2,450 per ounce in Asia on Friday. Traders are waiting for US labor market data for July. Recent data on manufacturing and employment in the US have raised concerns, boosting demand for safe-haven assets like Gold. US ISM Manufacturing PMI fell to 46.8 in July, lower than expected. Initial Jobless Claims for the week ended July 26 increased to 249K.
⭐️Personal comments NOVA:
Sentiment and the market are looking forward to a new ATH point today after the NF news was announced. The expected resistance zone is 2500
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2442 - $2444 SL $2438( scalping / Only applicable for Asian and European sessions )
TP1: $2449
TP2: $2455
TP3: $2462
🔥BUY GOLD zone: $2415 - $2417 SL $2410
TP1: $2425
TP2: $2440
TP3: $2450
🔥SELL GOLD zone: $2502 - $2504 SL $2510
TP1: $2490
TP2: $2480
TP3: $2460
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
NFP is about to announce whether gold can break through 2484I must remind you that my strategy is very long, but it is rich in analysis and details. Be sure to read it carefully. This is a great learning opportunity and I hope you don’t miss it.
8.2 Sharing of gold strategies and operation ideas
With the escalation of the Middle East conflict crisis and the Fed's dovish stance, yesterday's multiple data were bullish for gold, pushing the gold price to move up continuously. Today, the Asian and European sessions have once again ushered in a rare pull-up, with the highest point reaching 2468. Under this general background, we can still maintain the bullish strategy unchanged.
As risk aversion caused by geopolitics in the Middle East escalates, coupled with the possibility of expanding conflicts at any time, gold may once again experience a sharp rise.
The Fed's September rate cut is a foregone conclusion, and the probability of increasing the rate cut basis point is still rising. This is the first rate cut in more than four years, and the impact can be imagined.
From the daily chart, under the bullish technical background, it is inevitable that the gold price will test the historical high of 2484 points, but considering that the current gold price is relatively high, there may also be the possibility of a sharp price correction due to profit-taking. Therefore, our idea is to be bullish, but not to chase the rise, and wait patiently for the price to fall back.
Although today's NFP data is an unstable factor, I think that in the context of the generally optimistic market, the negative impact of NFP data will not be too great. If it is negative, it will give us the opportunity to intervene at a lower price. On the contrary, if it is positive, everyone will be happy.
Operation strategy: Be conservative and wait until around 2335 to intervene, and be aggressive and intervene at 2350.
GOLD ROUTE MAP UPDATEHey Everyone,
PIPTASTIC finish to the week with our analysis playing out to perfection!!!!
EMA5 lock above 2400 opened 2423 and 2438, which was hit perfectly followed with ema5 lock above 2438 opening 2459 and 2475, which was also completed today to perfection and now followed with the perfect rejection!!!
BULLISH TARGETS
2400 - DONE
EMA5 CROSS AND LOCK ABOVE 2400 WILL OPEN THE FOLLOWING BULLISH TARGET
2423 - DONE
2438 - DONE
EMA5 CROSS AND LOCK ABOVE 2438 WILL OPEN THE FOLLOWING BULLISH TARGET
2459 - DONE
2475 - DONE
BEARISH TARGETS
2376 - DONE
We will now come back Sunday with our Multi time-frame analysis, Gold route map and trading plans for the week ahead.
Have a smashing weekend!! And once again, thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSD Friday Trading Strategies and Signals
xauusd
Trading on Friday is the most difficult, plus several major news data will be released this week.
Tomorrow, the US non-farm payrolls data will be released. There will be relatively rapid and large price fluctuations in a short period of time.
So please set a stop loss when trading:
Yesterday and today, gold rose violently.
So tomorrow we can maintain several buying areas and sell at several specific resistance prices while the trend remains unchanged:
Sell:
2466-2471 (the first resistance area to be reached. Maybe 2475. But trading in the price range is very advantageous)
2480-2484 (historical high)
Of course, I think scalping at 51-54 can also win some profits.
Buy:
2432-2436 has been triggered now, we can hold and observe, because I think there may be a risk of price correction.
2418-2421. The price meets the initial assumption of the correction.
Of course, I always improve that everything can happen in the trading market. The price price correction exceeds the support area of 2412. I think it will test the 2390 area again.
In short, trading in our price range will always earn you some profit.
If you make a profit following my trading range, please give me a thumbs up and join me. Maybe I will update again with a new analysis before the news is released tomorrow. This is a preliminary trading plan
#XAUUSD60 Gold breakout, a new peak emerging?Assessment of the European - American session trend on August 2, 2024:
In the Asian session, there was a double peak sweep in gold, affecting our trading plan significantly.
The trading trend in the European-American session is still BUY. Today is the 6th day of the W candlestick pattern, with many news events strongly impacting the market.
There are two possible scenarios:
1. Gold will have a slight correction from 2468 to the range of 2453-2458 before continuing to rise strongly.
2. Gold may experience another double peak sweep to fill the liquidity area of 2410-2413 due to news events and then rise strongly again.
Gold may reach 2484 or form a new peak, which is entirely possible. However, price levels to watch are 2420-2413 and 2453-2458.
Recommended orders:
Plan 1: BUY XAUUSD zone 2453-2455
SL 2449
TP 2458 - 2468 - 2495.
Plan 2: BUY XAUUSD zone 2410-2413
SL 2407
TP 2416 - 2430 - 2473 - floating.
Uptrend continues after FOMC ! XAU ATH ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price struggles to rise despite a small increase earlier, trading just below $2,445, almost unchanged today. Investors are more interested in riskier assets due to expectations of the Fed starting to cut rates soon, leading to a positive stock market and weakening demand for gold.
The Gold price is somewhat supported by a weak US Dollar caused by the Fed's cautious stance. The Fed's hints at a rate cut in September and low US Treasury bond yields are keeping the dollar down. Additionally, tensions in the Middle East are supporting the safe-haven gold.
⭐️ Personal comments NOVA:
Gold price after yesterday's FOMC news, benefited from the increase in price from the statement that the move will reduce interest rates as soon as September 2024. Expect a new ATH to continue in 2024
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2422 - $2420 SL $2415
TP1: $2430
TP2: $2440
TP3: $2450
🔥BUY GOLD zone: $2433 - $2431 SL $2427
TP1: $2445
TP2: $2460
TP3: $2480
🔥SELL GOLD zone: $2472 - $2474 SL $2479
TP1: $2465
TP2: $2458
TP3: $2450
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
XAUUSD: Interest rate cut + geopolitical conflict, how to trade?8.1 Sharing of golden strategies and operational ideas
This week's gold market can be said to be a trading variety that global investors are paying close attention to. First of all, it is a super data week, coupled with the escalation of geopolitical conflicts again, making investment enthusiasm high. After Israel launched two consecutive political conflicts, the gold price rose by $80 in three days under the support of the dovish remarks released by Fed Chairman Powell. If the data is positive again in the next two days, it is very likely that gold prices will rise by more than 100$ this week.
Yesterday, Powell's speech increased the possibility of a rate cut in September. Coupled with the retaliatory statements of Iran, Hamas and Hezbollah, the gold price is likely to continue to rise in the short term. Therefore, our strategy center is mainly to buy at low levels.
Judging from the current trend of gold prices, it is undergoing a correction after a sharp rise. Below, we first look at the previous high near 2430, and then look at the support level of 2420. From the picture, we can see that 2420 is the low of the upward trend line. This point is also where the MSA50 moving average and the lower track of the Bollinger Bands are located.
In summary, we can intervene at these two support points today.
You can formulate detailed operation ideas by yourself or consult me
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
#XAUUSD/GOLD breaks out, is it a long-term buying opportunity?After breaking through the resistance zone of 2430-2433, the current gold price is forming a peak around 245x, with the breakout at 2386 giving gold an upward momentum again.
The market is very difficult to trade, and the trading trend for the Europe - US session is BUY. Key price areas to watch are 2428-2432 and 2390-2400. If the price fills this liquidity area, it will be an opportunity for us to target the peak zone of 2480-2484.
Recommended orders:
Plan 1: BUY XAUUSD zone 2429 - 2432
SL 2426
TP 2435 - 2450 - 2373.
Plan 2: BUY XAUUSD zone 2390 - 2393
SL 2387
TP 2400 - 2430 - 2373.
Plan 3: SELL XAUUSD zone 2451-2453
SL 2457
TP 2448 - 2440 - 2432 (small volume).
Strong recovery before ADP - NF news !! XAU ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price rises for the second day after dropping to $2,400, reaching a one-week high in Asia. Geopolitical tensions in the Middle East increase due to an Israeli attack on Lebanon. Global economic growth is slow, pushing investors towards gold.
The US Dollar weakens from a three-week high on Fed's dovish expectations, supporting gold prices. Investors are cautious and await more clues on the Fed's rate-cut plans before making new investments. All eyes are on the outcome of the two-day FOMC meeting happening today.
⭐️ Personal comments NOVA:
Price increase before ADP - NF news today July 31, 2024 thanks to the middle east military tension. Technical trends show that buyers dominate the long-term frame H4
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2388 - $2390 SL $2383
TP1: $2405
TP2: $2420
TP3: $2440
🔥SELL GOLD zone: $2430 - $2432 SL $2435 scalping( Asian and European sessions )
TP1: $2425
TP2: $2418
TP3: $2410
🔥SELL GOLD zone: $2452 - $2454 SL $2459
TP1: $2440
TP2: $2430
TP3: $2420
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
Gold Is Gonna Hit 2450 Today And Close The Month Above The LevelGold Is Gonna Hit 2450 Today And Close The Month Above The Level .As The Global Fundamental Situation Gold Will Pump Up Some Times Again. Yesterday Israel Attack On Hamas And Death of Hamas Leader Is Got Attention Of the Investors Fear As A War has Started Again. So We Will See What Will Happen on August.
XAUUSD: Remain cautious and wait for pullbacks to buySharing of gold strategy and operation ideas on July 31
Yesterday, Israel launched an airstrike on the capital of Lebanon, targeting the commander of Hezbollah, which led to an increase in risk aversion. Safe havens such as gold and silver suddenly soared in the case of a decline. This morning, the news that the top leader of Hamas was assassinated in Iran again escalated the increasingly tense geopolitical crisis in the Middle East, and the price of gold rose directly to 2425 points. This makes people have to worry that the powder keg of the Middle East may explode at any time.
In addition to the geopolitical crisis, today we also need to pay attention to the impact of the Fed's interest rate decision. According to market forecasts, the previous value was 5.5%, and the forecast value was also 5.5%. In my opinion, there should be no surprises in the announcement of the results. But we need to focus on the speech of Fed Chairman Powell after the data is released. Is it hawkish or dovish? This is what really affects the trend of gold prices.
Due to yesterday's sudden incident, our bearish signal yesterday was stopped, and the current price came to 2418 points, which changed the current technical form. The previous pressure of 2400 and 2410 has now become support. If today's data is bullish for gold, the price is likely to continue to test the previous high of 2430, or even reach a recent high. If it is bearish, the price will return to below 2400 again.
Therefore, today we strive to make a steady layout and patiently wait for the price to fall back to support and buy, with the target being the previous high of 2430.
The above strategy is for reference only
Two major news are about to detonate the gold price market.
Two major news are about to detonate the gold price market.
Will the follow-up of the attack on the top leader of Hamas detonate the gold price market? Will gold continue to rise if the Fed cuts interest rates?
Senior analyst Eddy believes that gold will directly go long on gold prices before the two major news come. Waiting for the market to soar. Hamas's resistance is undoubtedly the fuse that leads to the rise in gold prices. The upcoming Fed interest rate will also drive gold prices up again. So now is still a great opportunity to buy. The current price is at 2421. The battle line is extended. Buy in the range of 2410-2420. Wait for the market to rise.
Investors with large funds can buy multiple orders in advance. If your funds are relatively small. Remember to go long in a small position at a stable position.
COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
Will the gold price continue to rise? Yes
London market: The attack on Hamas leaders has once again detonated the market. After the gold price fell back to 2405 in the Asian market, the gold price rose again to a high of 2422 because of the news. It is currently fluctuating at 2419.
Senior analyst Eddy believes that after the short-term gold price falls, it will continue to rise. Therefore, the main trading method is to buy at low levels. The stable position is 2410-2415. Friends with large funds can consider entering the market at 2419-2417 in advance.
TVC:GOLD FOREXCOM:XAUUSD COMEX:GC1!
Gold is heading to 2450 zone(07/31/2024)in our last analysis, we predicted the gold move correctly,
For now, after a long correction, we are expecting the price correct some of the losses as B wave. In this case, the final wave will be around the 2450 area.
If you like it, then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
XAUUSD: From our previous analysis, price did early mitigationIn our previous analysis we stated that price could reach 2330 region and reject from there as we though price is finally going to fill the gap. However, it did not work out as we expected and price mitigated from early key level where previously price reversed from. We anticipating price to grow from the current region, a safe entry can be at 2308 from where we can see price reversing strongly. 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.
XAUUSD 20240721 Bullish SetupWe have a good rally for gold and a recent impulse bearish move.
On the 4 hourly chart, it seems a confluence of OB and FVG to suggest a bullish setup has been formed and a potential buy side liquidity is near the FVG at the top.
Here we are biased that the underlying bullish trend is to continue and that the impulse bearish move is an opportunity for bullish re-entries.