Get started

Xauusdanalysis

Latest gold analysis☘️Fundamental Analysis Gold prices witnessed an intraday reversal from an all-time high and fell below the psychological $2,500 level after the release of key US monthly employment data on Friday. The mixed US employment report reduced the chances of the Federal Reserve (Fed) cutting interest rates by 50 basis points, which prompted some cover in the US dollar (USD) prices and weighed on the precious metal. That said, concerns about a US recession dampened investors’ appetite for riskier assets and acted as a driver for safe-haven Gold prices. Additionally, the lack of progress in ceasefire talks between Israel and Hamas became another factor supporting XAU/USD during the Asian session on Monday. This warrants caution for bearish traders amid the prospect of an impending Fed rate cut cycle. ☘️Technical Analysis Gold is below the 2500 round port level, in fact this port area is no longer strong enough to push gold prices lower. The area of ​​interest in today's European session is around the 2507 Fibonacci 0.5 retracement zone and the 2512 Fibonacci final extension zone. These are two areas of interest for a SELL plan. When 2512 is broken, the downtrend on Friday is reversed. The main candle h4 is broken and ATH comes early this week, the expected level is 255x. The 2331 area is no longer valuable when gold pushes up. The opposite direction is the 2470-2460 2433 area playing an important support role. 🌸Trading signal SELL zone 2505 - 2507 Stoploss 2511 BUY zone 2484 - 2482 Stoploss 2479 BUY zone 2473 - 2471. Stoploss 2467
OANDA:XAUUSD
by TVS-Trader
Gold Price Analysis September 6Fundamental Analysis Gold prices attracted some buyers for the third straight day on Friday and traded near weekly highs heading into the European session. However, the gains lacked bullish sentiment as investors opted to wait for the release of the key US Non-Farm Payrolls (NFP) report before placing any fresh bets. Meanwhile, rising bets for more rate cuts by the Federal Reserve (Fed) in September weighed on the US Dollar (USD) for the third straight day and provided some support to the non-yielding yellow metal. Meanwhile, a mixed batch of US employment data released this week suggested the labour market is losing momentum and raised concerns about the health of the economy. This, coupled with persistent geopolitical tensions, dampened investor appetite for riskier assets and turned out to be another factor that acted as a driver of safe-haven Gold prices. However, it would be wise to wait for some follow-through buying before positioning for an extension of the two-day uptrend ahead of key US macro data risks. Technical Analysis Gold is looking to make an ATH in today’s US session. The re-approach to the 2523 zone in yesterday’s evening session and the liquid pullback to the 2508 zone and back to the top as the European session began have prompted investors to buy to push prices higher in the US session. The key price zone of 2526 on the breakout in today’s European session is definitely a new all-time high for Gold. Gold will at least reach 2526 or 2533 before a sharp decline. Now the US session begins and gold pushes down first, the US's upward force will be greater and it is possible to reach the sell zone of 254x. Resistance: 2526 - 2532 - 2542 - 2555 Support: 2493 - 2485 - 2472 - 2461 - 2454 - 2440 SELL price zone 2530 - 2532 stoploss 2536 BUY price zone 2499 - 2497 stoploss 2492 BUY price zone 2460 - 2462 stoploss 2456
OANDA:XAUUSD
by TVS-Trader
XAUUSD/GOLD NFP NEWS FORCAST 06.09.24The Non-Farm Payrolls (NFP) report is a monthly US labor market indicator that measures the number of jobs added or lost in the previous month. The NFP report is released by the Bureau of Labor Statistics and is usually available on the first Friday of each month. The NFP report is a significant economic indicator that can have a big impact on the global financial markets. Here are some reasons why the NFP report is important: Forex market The NFP report is one of the most significant news announcements in the foreign exchange (forex) market, causing large movements in the market. Interest rate policy The Federal Reserve pays close attention to the NFP report when setting interest rate policy. Economic expansion Increasing NFP numbers may indicate economic expansion, but they may also be a sign of inflation. Economic concerns Decreasing NFP numbers may indicate broader economic concerns. There are two ways to trade the NFP report: Before the release Use deductive reasoning to predict the market's direction before the NFP number is released.
FXOPEN:XAUUSD
by kripsonfx97
XAUUSD 6/9/2024 Where will the uptrend end? Looking at H1 we are seeing a 5-wave bullish structure forming, - Currently looking at the price data, the wave 4 structure is forming, the completion of wave 4 and wave 5 are confirmed when the price breaks through 2523, then we have the confirmation of wave 5. - After a 5-wave structure will be an adjustment according to the 3-wave ABC structure. - I have estimated the wave 5 target at the price range of 2530 - 2533, which is also our SELL target - Then the ABC correction structure has a target to end at the price range of 2500 - 2497, which will be our BUY target. - I still do not rule out the possibility that the big correction wave has not been completed yet, then the target of wave C that I mentioned in the previous plan is the price zone of 2464 - 2467, which will be our BUY target when the price breaks through 2472 Our trading plan will trade according to the ABC downtrend and wait for the ABC downtrend structure to complete, then we will BUY up Trading plan SELL ZONE: 2530 -2533 SL: 2540 TP1: 2523 TP2: 2518 TP3: 2509 BUY ZONE: 2500 - 2497 SL: 2400 TP1: 2518 TP2: 2523 TP3: 2530 BUY ZONE: 2467 - 2464 SL: 2457 TP1: 2482 TP2: 2493 TP3: 2518
OANDA:XAUUSDLong
by DEEKOP
XAUUSD - Accumulation , Manipulation and Distribution Today before "ADP Non-Farm Employment Change: news big players took the advantage of news and followed ICT PO3 pattern which is ACCUMULATION MANIPULATION DISTRIBUTION ICT power of three is the strategy which exposes the smart money traps for retail traders. ICT power of 3 concept is also known as AMD setup because of the three main concepts accumulation, manipulation and distribution. Accumulation phase is when market ranges near important level and smart money accumulate their positions in this area. Manipulation phase, as obvious from the name, is to manipulate the retail traders. After accumulation smart money moves the market in opposite direction . Distribution phase is the real move. After manipulating retail traders smart money add their positions toward the real direction of market hence moving market opposite to retail mindset. In above chart i tried to show this po3 strategy developed by ICT . Before the red folder news market was ranging.. post that big players manipulated towards the order block and made high 2523.. and started distribution and till now made low near 2504. Elliott wave and ICT concepts are very easy to learn if one keeps positive mindset of learning. Disclaimer : Study is for educational purpose
FX:XAUUSD
by MDstockmagic
7
Gold Analysis September 5Fundamental Analysis Gold prices edged up in Asian trade on Thursday. A US jobs report showed on Wednesday that employment fell to a three-and-a-half-year low in July, raising expectations that the Federal Reserve will cut interest rates further in September, which in turn acted as a boost for the non-yielding yellow metal. Moreover, concerns about the health of the US economy dampened investor appetite for riskier assets, further supporting the safe-haven precious metal. However, gold prices lacked strong buying interest as traders appeared reluctant to place strong bullish bets, preferring to wait for key details on the US monthly employment report - commonly known as the Non-Farm Payrolls (NFP) report - due on Friday. Meanwhile, the US economic agenda on Thursday - including the ADP report on private sector employment, the weekly jobless claims and the ISM services PMI - will be looked at for short-term opportunities. However, expectations of the imminent start of the Fed's policy easing cycle could continue to support Gold. Technical Analysis Gold is moving back in the sideways range of 2490-2505. After an old liquidity sweep to 2472. The Asian session's upside momentum is not strong enough to break the technical level of 2508. When the European session pushes up to 2508 without breaking through, we can set up a SELL signal at this area. The sell trend may extend further than there is still a way to move up to ATH. Today, when the US session enters, pay attention to the resistance zone of 2512-2514 for a SELL strategy. And the push to the low zone this week and next week could create momentum for the FOMC to push gold to a new ATH. Resistance: 2505 - 2509 - 2515 - 2524 - 2535 Support: 2491 - 2485 - 2472 - 2461 - 2454 - 2440 SELL price zone 2513 - 2515 stoploss 2518 BUY price zone 2460 - 2462 stoploss 2456 BUY price zone 2480 - 2478 stoploss 2475
OANDA:XAUUSD
by TVS-Trader
XAUUSD 4/9/2024 complex correction has ended? Looking at H1, the complex correction process will create very difficult conditions for determining the specific structure of the wave. In such a situation, we will rely on the Fibonacci measure to determine the target price zones for the end of the entire correction process based on the previous up wave. - With such an approach, I will determine the target price levels for this correction downtrend. - Looking at the chart, we have a temporary 5-wave structure formed. We will rely on this combined with Fibonacci to set up trading zones - Case 1 if wave 5 has ended, then we expect the price zone 2482 - 2479 to BUY Case 2 if the price breaks below 2473, then the price zone ending wave 5 will be the price zone 2464 - 2467 - Above the strong supply zone 2510 - 2507 has not been broken yet, so this is still our target to SELL - Next is the zone 2515 - 2518, this is the strong supply zone above that we choose to place a SELL order/ Trading plan BUY ZONE: 2482 - 2479 SL: 2472 TP1: 2492 TP2: 2582 TP3: 2499 BUY ZONE: 2464 - 2467 SL: 2454 TP1: 2478 TP2: 2492 TP3: 2499 SELL ZONE: 2510 - 2507 SL: 2520 TP1: 2510 TP2: 2491 TP3: 2482 SELL ZONE: 2515 - 2518 SL: 2525 TP1: 2510 TP2: 2491 TP 3: 2482
OANDA:XAUUSDLong
by DEEKOP
XAUUSD 2560Golden Information Gold prices fell during the North American session as traders returned to their desks following the Labor Day holiday. Data from the United States (US) hinted that business activity contracted, though traders bought the Greenback. The XAU/USD trades at $2,490, down 0.34%. Gold prices fall despite stronger US Dollar amid economic slowdown signs. US ISM Manufacturing PMI remains in contraction; employment sub-component improvement offers market some relief. Despite a drop in 10-year Treasury yields to 3.84%, Gold only briefly recovers after dipping to $2,473. Price Tag 1. >>2440>>> 2. >>2535>>> 3. >>Short-term up>>2630
OANDA:XAUUSDShort
by AngelScalping
XAUUSD STRONGINTRO Current Status 1.Gold prices fall despite stronger US Dollar amid economic slowdown signs. 2.US ISM Manufacturing PMI remains in contraction; employment sub-component improvement offers market some relief. 3.Despite a drop in 10-year Treasury yields to 3.84%, Gold only briefly recovers after dipping to $2,473. Gold price is upwardly biased, even though momentum shifted in sellers’ favor and opened the door for a drop to $2,470. The Relative Strength Index (RSI) hints that buyers are in charge, but in the near term the yellow metal could weaken. In that event, if XAU/USD drops below $2,500, the next support would be the August 22 low at $2,470. Once surpassed, the next stop would be the confluence of the August 15 swing low and the 50-day Simple Moving Average (SMA) near the $2,427-$2,431 area.
OANDA:XAUUSDShort
by AngelScalping
4
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01
XAUUSD 3/9/2024 Downtrend is over? Looking at H1 we see that the price has reached the target of wave 4 that we expected and then decreased near TP3. Once again I would like to congratulate all of us on continuing to have a big win near Full TP3. - So now the price is completing the down wave 5 to then continue to increase - Looking at the overall correction, we can easily identify that this is a complex correction with many intertwined correction structures. - In a complex correction trend, it is difficult for us to determine when the new trend starts. But with real trading, we only care about the setups that qualify for our trading, I will not try to predict each wave accurately - Currently, I expect the target of wave 5 to end at the price zone of 2487 - 2484 and this is also our BUY target - Above, I see 2 large supply concentration zones, which are the 2507 - 2510 zone, this zone is the target zone, the last time the price approached this zone, it was pushed down very quickly, and the 2525 - 2528 zone, looking at the chart, we see that the price was pushed down very deeply after approaching this zone last Friday. and these 2 zones are also our SELL target zones BUY ZONE: 2487 - 2484 SL: 2477 TP1: 2499 TP2: 2507 TP3: 2518 BUY ZONE: 2471 - 2469 SL: 2461 TP1: 2485 TP2: 2499 TP3: 2510 SELL ZONE: 2507 - 2510 Sl: 2517 TP1: 2500 TP2: 2487 TP3: 2470 SELL ZONE: 2525 - 2528 SL: 2535 TP: 2518 TP2: 2510 TP3: 2500
OANDA:XAUUSDLong
by DEEKOP
1
XAUUSD 9/2/2024 price continues to decrease? Looking at H1, we see a sharp decline on Friday last week to the 2494 area, signaling that this is wave 3 in the red 5-wave trend above. - According to the 5-wave structure, the price is currently completing wave 4 and then the price will continue to move in a downward trend to complete wave 5. The target is measured for wave 4 at the price range of 3507 - 2510, this will be our SELL target price range. - After reaching the target of wave 4, the price continues to move to complete the target of wave 5. Then we measure the target of wave 5 at the range of 2487 - 2484, this is our BUY target price range. Trading Plan SELL ZONE: 2507 - 2510 SL: 2517 TP1: 2499 TP2: 2493 TP3: 2487 BUY ZONE: 2487 -2484 SL: 2477 TP1: 2494 TP2: 2499 TP3: 2509
OANDA:XAUUSDLong
by DEEKOP
XAUUSD GOLD AT MAKE OR BREAK LEVEL!!FOREXCOM:XAUUSD XAUUSD (GOLD) Analysis Current Market Price (CMP): 2503.44 Time Frame: 15 minutes Market Outlook: Gold is currently positioned near a critical level, with potential for further upward movement. A key resistance level at 2505 may be tested. If the price holds above this level, there is potential for further gains towards 2510, 2515, 2520, 2525, 2530, and 2545. Key Levels to Watch: Resistance Levels: 2505, 2510, 2515, 2520, 2525, 2530, 2545 Support Zone: 2499 - 2497 Potential Buying Opportunity: Around 2499 to 2497 Major Support Level: 2495 A break below this level could lead to a bearish move towards 2487. If 2487 is broken, the setup may turn bearish for the upcoming week. Conclusion: Traders should mark these levels on their charts and be prepared for both bullish and bearish scenarios. Consider buying near the support zone between 2499 and 2497 for potential upside gains, while keeping an eye on 2487 as a crucial level for potential bearish reversal. Disclaimer: This analysis is for educational purposes only and is not financial advice. Please conduct your own research before making any trading decisions.
FOREXCOM:XAUUSDLong
by ThirstyBull
Gold Moving to All Time High.Hello everyone! Please see our updated 4H chart Levels and targets for the up coming week. We are seeing price between 2513 resistance and 2500 as support. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. we will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. BULLISH TARGET 2530-2550 WILL OPEN THE FOLLOWING BULLISH TARGET 2570 2600 BEARISH TARGET 2500 AND OPEN BEARISH TARGET 2470 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr GOLD MrHappiness FOREXCOM:XAUUSD
FOREXCOM:XAUUSDLong
by MrHappiness
3
XAUUSD 8/29/2024 Is the uptrend over? Yesterday as predicted, wave C was completed with very strong selling pressure, we did not reach the target of the first BUY zone, but at the second BUY zone, we had a big win of 210 pips, congratulations to all of us. Currently, the uptrend is still dominant. Looking at the current trend, we expect a 5-wave structure as shown on the chart. Besides, there is still the possibility of an ABC correction structure. - We have the price zone 2510.7 as a confirmation point, if the price closes above 2510.7, then we are in a 5-wave uptrend. If the price closes below 2510.7, then this increase is just an ABC correction and then the price continues to decrease when the structure is completed. - My current view is leaning towards a 5-wave bullish structure because I am expecting wave C to reach its target at 2493.7 and then a 5-wave structure will follow, then we have wave 5 target at 2536 - 2539, this is the first target and this is also the target area for us to SELL - If the current structure is an ABC correction structure, then we have wave C target at 2487 - 2484, this will be our BUY target - In addition, we have a large demand concentration area at 2509 - 2506, so this is also a target area for us to BUY SCALP Trading plan BUY SCALP ZONE: 2509 - 2506 SL: 2499 TP1: 2518 TP2: 2524 TP3: 2531 BUY ZONE: 2487 - 2484 SL: 2477 TP1: 2499 TP2: 2506 TP3: 2531 SELL ZONE: 2536 - 2539 SL: 2546 TP1: 2531 TP2: 2524 TP3: 2509
OANDA:XAUUSDLong
by DEEKOP
Trading gold signals 28/8☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates, could support the precious metal as it reduces the opportunity cost of holding non-interest-bearing assets. Investors will pay closer attention to speeches by Fed officials Christopher Waller and Raphael Bostic on Wednesday for some hints on the path of US interest rates. Attention will also turn to preliminary data on US annualised GDP for the second quarter (Q2) and the Personal Consumption Expenditures (PCE) price index, due on Thursday and Friday. Better-than-estimated results could lift the US Dollar (USD) and limit upside in USD-denominated Gold prices. ☘️Technical analysis Gold is retreating from the closing level of 2424, currently gold is approaching the important area of ​​2509. When breaking this area, lower areas can pay attention to trading in the European session around 2503-2495. Today, the main plan is to wait for buying to break ATH. On the contrary, if the price pushes to 09 and does not break, you can buy in the 09 area. If you cannot break this area in the European session, you can close the order. The candle closes above 2020 after the European session ends, consider finding a recovery point for DCA to buy the target to break ATH. Wish you a successful transaction. SELL scalp zone 2530 - 2532 stoploss 2536 SELL zone 2545 - 2547 stoploss 2551 BUY scalp zone 2496 - 2494 stoploss 2490 BUY zone 2485- 2483 stoploss 2480
OANDA:XAUUSD
by TVS-Trader
XAUUSD 8/28/2024 Has the price started a new trend? Looking at H1, we see a completed 5-wave structure followed by a correction structure. Currently, we have 2 possibilities that can happen with the current price structure Case 1, we have a Flat correction structure with peak B equal to peak 5 as shown on the chart. Then we need to wait for the price to complete wave C to be able to trade. In this case, it is confirmed when the price breaks through the 2503.9 zone - Case 2 is that the price has completed the ABC correction wave at the 2503.9 price zone and the price is currently in a 5-wave uptrend structure. If so, we have the current correction wave as correction wave 2 in a new uptrend structure, then we expect the price to break through the 2526.6 zone to create a new higher peak. And this case is confirmed when the price breaks through 2526.6. Combining the possibilities we have the following trading targets. Pay special attention because the current price structure is still unclear, requiring us to manage the transaction closely. SELL ZONE: 2536 - 2539 SL: 2546 TP1: 2527 TP2: 2519 TP3: 2523 BUY ZONE: 2512 - 2509 SL: 2502 TP1: 2519 TP2: 2531 TP3: 2536 BUY ZONE: 2498 - 2495 SL: 2488 TP1: 2509 Tp2: 2519 TP3: 2531
OANDA:XAUUSDLong
by DEEKOP
POSSIBLE GOLD MOVE WITH 1:10 RISK REWARD AT SUPPLY ZONEGOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON ALL THE SETUPS ARE JUST FOR EDUCATIONAL PURPOSE A. Volumes showing buyers are showing intrest . and shock zone going to break which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
FX:XAUUSDLong
by tradergyan01