GOLD TRADING POINT UPDATE CPI ? > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade But today high News 🗞️ Of CPI USD Fundamental Analysis update 160.684. running Now Trading point DXY recover up trand 108:000. Gold already take if breakout short trend 📉📈 2703 Teach. Short recover quickly 2674 pullback up trend 📈 Next target we'll see 2722 That Fvg level. I think 💬 buyers will take care that level Breck out Next easy to see 🙈 2789 wait for CPI USD deita ? Focus analysis break and support level 💫
Now small target 2722
Fvg level back Short 2672
If breakout 2650 level analysis target 🎯 2536
Resistance level 2722+2789
Support level 2674 -2668 2613
Support 💫My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Goldsignals
GOLD TRDAING POINT UPDATE ? > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade list time poat analysis hit My target 2722 Fvg level if breakout up trand but rejected oderbolk going to back down trand Now Gold well recover it 2665 support level Traders close below 👇 that level next target 2607 2481 but I will see now 2665 ✊ wait for breakout. Following That Target 🎯 👏
Small target we'll See 2665
To recover it 2786 back down 👇
Resistance level 2718 + 2728
Support level 2671 -2665 2607 2481
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
GOLD TRADING POINT UPDATE >READ THE CAHPTACINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ Update Gold Traders list week NFP Dita expect it USD Fundamental analysis Update Gold Not sure move up trand not short trend 📉📈. I expected it 😮 today night 🌉 market open start Short Trade. Technical analysis setup
Gold 4 H chart candle close below 2609 this week next target we'll see 2500 ?!
Resistance level 2655 2665
Support level 2621 2605 2500
Technical Analysis charter patterns
Support ✨ My hard analysis setu like And Following Me that is star ✨ of game 🎯
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update gold 😁 ready for big below 👇 trend 📉 Gold Traders SMC-Trading Point still holding Short Trade today gold test supply zone rejected oderbolk going to Short Trade Now entry ☺️🤝 2673 target we'll see 2500
Resistance level 2677+2772
Support level 2653 -2616 2500
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Gold trading strategy for 04th December 2024Gold has been consolidating within a narrow range of 2605 to 2670 over the past five days. This suggests that the market is in a period of indecision, with neither buyers nor sellers able to push the price decisively in one direction. Typically, such consolidation periods are followed by significant moves once the price breaks out of the established range.
Trading Strategy:
Buy Strategy:
Entry Point: Initiate a long position (buy) when the price closes above 2670 on a 15-minute candle. This indicates a potential breakout to the upside.
Stop Loss: Set a stop loss slightly below the breakout point to manage risk. For instance, a stop loss could be placed at 2655, just below the recent consolidation range.
Target: Identify target levels based on historical resistance levels or use a risk-reward ratio of at least 2:1. For example, if the stop loss is 15 points away (2655), then the target could be 30 points above the entry (2700).
Sell Strategy:
Entry Point: Initiate a short position (sell) when the price closes below 2630 on a 15-minute candle. This indicates a potential breakdown to the downside.
Stop Loss: Set a stop loss slightly above the breakdown point. For example, a stop loss could be placed at 2645.
Target: Similar to the buy strategy, set target levels based on historical support levels or use a risk-reward ratio of at least 2:1. If the stop loss is 15 points away (2645), then the target could be 30 points below the entry (2600).
Risk Management:
Always use stop losses to protect your capital. Never risk more than a small percentage of your trading capital on a single trade.
Consider the overall market context and any upcoming economic events that could impact gold prices.
Market Context:
Keep an eye on factors influencing gold prices such as interest rates, inflation data, and geopolitical events. These can cause significant volatility and may impact your trading strategy.
Disclaimer: Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results.
Trade wisely and stay informed! 📈💡
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold trading analysis map 🗾 update gold traders Gold making a bearish flag playing Short Trade 📉 list week market closed 2650 today night 🌉 market open close below 👇 2648 Gold playing Next target 🎯 2500 Buddy's wait for confirm close below that flag that entry open start analysis
S upport ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮
GOLD LONG !!!!!!My target is 1:3
Learn and do by yourself
Price has to move from these levels orelse
You might see a good correction and that gives opportunity for new buyers
One thing after fed announced rate cut market went up continuously so trapping scenario may start if this week bullishness fails.
Gold for the week 16th sep to 20th sep 2024.Gold is technically long above 2530.
Wait for a fall till 2560 and if it retraces and forms a green candle in 4hr time frame then buy above the high of the Candle
Sell below the low of the day candle close below 2530
Movement is based on FED's interest rate decision. My view is that FED may cut 0.50 basis point since the American economy is on the edge of falling into a recession.
Disclaimer.
The above views are my own and for educational purpose. You may do you own analysis before taking a position.
Golden indicator based Xauusd 23 pts targetCondition Buy above only 2491
Now price running 2488.70
Stoploss............2480.....11 pts
Tp-1................2498......7 pts
Tp-2...............2506......15 pts
Tp-3...............2514.... 23 pts
overall 1% gain chance oneside move only
This level based on Golden Indicator and Education purpose only
GOLD UPDATE INTRADAY TODAY
#Gold Range Prediction from Today 23/08/2024 is as under.
Gold Spot : 2480$-2530$
Gold INR : 71200-72250
It must be remembered that price of precious metal depends on so many world wide factors like inflation, Fed interest rate, trade barrier, geopolitical tension, demand, supply, bond yield, dollar index , GDP, payroll data, CPI, currency fluctuation, debt ceiling , expected tax & duty changes, other commodity price crude oil etc. etc. and hence there can not be any accurate barometer of predicting precious metal price.
Gold INR has been calculated taking Gold Spot international price and converting the same assuming fixed Indian rupee rate. However, this is not accurate method as change in rupee value to dollar can substantially impact Gold INR price. Pl. note that price of commodity doesn't depend upon performence of company but depend upon performence of world economy, hence it is extremely risky to trade in commodities. Commodities market also become more volatile during contract expiry.
These are not a recommendation for buy or sell. This view is only for educational purpose. You are requested to consult your financial advisor before entering in to any trade.
Gold Analysis August 16Fundamental Analysis
The US economic data was stronger than expected and the market is anticipating that these data could affect the extent of the Federal Reserve's interest rate cut. The US dollar and US bond yields rose, making it difficult for gold prices to rise.
The latest data released by the US showed that the core consumer price index (CPI) in July, which is a price index excluding food and energy costs, fell to its lowest level since early 2021 compared to the same period last year. This shows that inflationary pressures have eased, supporting the Federal Reserve to cut interest rates next month.
In particular, a report from the US Department of Labor showed that the number of new Americans filing for unemployment benefits last week fell to a one-month low.
As a non-interest-bearing asset, gold prices tend to rise when interest rates fall. As inflation slows, expectations of a Federal Reserve rate cut will increase, further boosting the appeal of gold. Additionally, gold purchases by central banks around the world have also become a reliable support for gold prices.
Apart from monetary policy, geopolitical uncertainty has also been a major factor driving demand for gold. Tensions in the Middle East and the conflict between Russia and Ukraine have increased the appeal of gold as a safe-haven asset.
Technical Analysis
From a technical perspective, the overnight failure near the $2,470 resistance level makes it prudent to wait for some follow-through buying before positioning for any further gains. With the daily chart oscillations holding in positive territory, Gold could then aim to break above the all-time highs around the $2,483-$2,484 zone hit in July and conquer the psychological $2,500 mark. A sustained strength above the latter would confirm a breakout above a month-old trading range and could be viewed as a fresh trigger for bullish traders, setting the stage for a further near-term upside move.
On the downside, the $2,447-2,445 horizontal zone now looks to protect the immediate downside ahead of the $2,430-2,429 zone and the weekly low, around $2,424. Some follow-through selling could leave Gold vulnerable to further weakness below $2,400.
Resistance: 2475 - 2488 - 2500 -2509
Support: 2438 - 2333 - 2426 - 2421
Price ranges to note:
SELL zone 2473 - 2475 stoploss 2479
SELL zone 2498 - 2500 stoploss 2504
BUY zone 2438 - 2436 stoploss 2432
BUY zone 2426 - 2324 stoploss 2420
21TH JUNE GOLD PREDICTIONHere are some factors that might explain the sharp rise in gold prices on June 20, 2024:
US Federal Reserve Decision: The Federal Reserve announced that it would pause interest rate hikes for the foreseeable future, citing concerns over economic growth and inflation stability. This decision led to a drop in bond yields and a weaker US dollar.
Inflation Concerns: The latest CPI report showed inflation rising faster than expected, increasing demand for gold as an inflation hedge.
Geopolitical Tensions: Rising tensions between the US and China over trade policies created uncertainty in the markets, prompting a flight to safe-haven assets.
Stock Market Decline: The US stock market experienced a significant drop due to disappointing earnings reports from major companies, driving investors towards gold.
ETF Inflows: There was a notable increase in inflows into gold ETFs, reflecting heightened investor interest in gold.
Today we have strategy based on technical analysis
Sell zone: 2362- 2365
Stop Loss: above the zone
R:R = 1:3
Buy zone: 2330 - 2337
Stop Loss: Below the zone
R:R = 1:3
GOLD SETUP TRADE WIH 1:3 RISK REWARDGOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD IS BULLISH ABOVE 2325 till 2335 2340 2345.Good Morning Traders,
Till the time gold is moving above 2325
we can see more up levels 2335 22340 and 2345.
If Gold will break 2325 and sustain below then only
we can see 2310 2302 and 2298
Our preference is sell from high
Plan accordingly, Happy Trading 😉
19th JUNE GOLD PREDICTIONGiven the current market context where gold prices are influenced by China's buying patterns, and a forecasted decline in gold prices, the strategy will remain focused on selling within the specified zones. We will incorporate two sell zones with a unified stop loss point above both zones.
Sell Zone 1
Entry Point: 2336 - 2341
Sell Zone 2
Entry Point: 2348 - 2354
Risk Management
Calculate position size based on your risk tolerance and account size.
Use a maximum of 1-2% of your trading capital for each trade.
Monitor market conditions closely and adjust the strategy as needed.
17th JUNE GOLD PREDICTIONIntroduction:
This analysis focuses on a sell trade for gold, targeting the sell zone between 2336 and 2341. Our objective is to establish a trading plan with a risk-reward ratio of 1:1.5, ensuring disciplined and strategic trading decisions. Traders can enter a sell position anywhere within this zone.
Trade Setup:
We have identified a sell zone between 2336 and 2341. Traders are advised to enter a sell position at any point within this range, providing flexibility and allowing for market dynamics.
Sell Zone:
2336-2341
Risk Management:
Effective risk management is crucial for any successful trade. In this setup, we place our stop loss slightly above the upper limit of the sell zone to protect against adverse price movements. By setting the stop loss at 2343, we limit our risk regardless of the entry point within the zone.
11th JUNE GOLD PREDICTIONTo analyze the gold price scenario as described, with a focus on selling in the zone of 2325-2332 and a stop loss (SL) placed 5 points above this zone, it's important to consider several factors that influence gold prices, such as market trends, economic indicators, and geopolitical events. Here's a structured analysis:
Current Market Trends
Price Movement: As of your stated range (2325-2332), it seems you are looking at a relatively high point in recent price movements. It's crucial to examine the short-term and long-term trends to understand if the current price is at a peak or if it has potential to climb higher.
Volatility: The specified narrow selling zone and tight stop loss suggest that the market is possibly experiencing low to moderate volatility. However, it's essential to monitor volatility indices or historical price fluctuations to confirm this.
Technical Analysis
Resistance and Support Levels: The specified selling zone (2325-2332) should be assessed to determine if it aligns with key resistance levels identified through historical price analysis.
Gold price waiting for news tonight will increase sharply!Gold held at $2,370 per ounce on Friday, hovering at two-week highs, as investors await the US non-farm payrolls data due later in the day to assess the country’s economy’s health and seek cues on the Federal Reserve’s potential rate-cut timeline. The bullion is also set for its first weekly gain in three, as recent slew of labor market data bolstered expectations that the Fed might at least slash rates twice this year.
🔴SELL GOLD: 2399 - 2401, SL: 2405
🟢BUY GOLD: 2352 - 2350, SL: 2346
🔝Technical analysis: Yesterday, gold returned to test support + Trend H4 as expected and continued to increase strongly to the Sell area 2378-2380, in response falling another 10 prices.
Currently, the price range of 2380-2355 seems to be kept until Nonfarm tonight
⛔️Breakout:
📈 Breakout on: 2380 - 2400 - 2414
📉 Breakout below: 2350
🔼Support: 2351 - 2345 - 2340 - 2330
🔽Resistance: 2390 - 2400 - 2405 - 2414
GOOD LUCK EVERYONE👍