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Xauusdsetup

Gold Trading Strategy for 03rd December 2024.Buy: When the price of gold is above 2652 on the close of a one-hour candle. Sell: When the price of gold is below 2624 on the close of a one-hour candle. Current Price: 2639 Support Levels: 2634 | 2624 | 2618 Resistance Levels: 2643 | 2661 Disclaimer: This strategy is for informational purposes only and should not be considered financial advice. Trading involves risk, and you should do your own research or consult with a financial advisor before making any investment decisions.
OANDA:XAUUSD
by ramkkyy
Gold Trading Strategy for 02nd December 2024Gold Trading Strategy Buying Strategy: Buy Trigger: Initiate a buy order if the price closes above the high of the candlestick at 2661. This suggests a potential upward momentum. Support Levels: 2632: A minor support level where the price might find temporary support. 2617: A stronger support level, indicating a possible reversal or consolidation zone. 2574: A major support level, suggesting a significant buying interest at this price. Selling Strategy: Sell Trigger: Initiate a sell order if the price closes below the low of the candlestick at 2646. This suggests a potential downward momentum. Resistance Levels: 2682: A minor resistance level where the price might face temporary resistance. 2705: A stronger resistance level, indicating a possible reversal or consolidation zone. 2725: A major resistance level, suggesting significant selling interest at this price. Disclaimer: This analysis is provided for informational purposes only and should not be construed as financial advice. Trading involves risk, and you should perform your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by ramkkyy
#XAUUSD/H4 Gold: Will it continue to recover or adjust?Market outlook for the European-American trading session on November 19, 2024: Yesterday's trading session witnessed a strong recovery in gold prices. However, the possibility of gold continuing to rise in the long term remains uncertain. The likelihood of gold still being in a short-term correction trend is very high. Today's trading trend: SELL. Key price levels to pay attention to: 🔴SELL zone: 2625-2630, 2640-2645, and 2660-2665. 🔴BUY zone: 2598-2603, 2578-2583, and 2553-2558. Recommended orders: Plan 1: SELL XAUUSD zone 2641 - 2643 SL 2646 TP 2638 - 2630 - 2620 - 2600. Plan 2: SELL XAUUSD zone 2665 - 2667 SL 2670 TP 2662 - 2650 - 2630 - 2600. Plan 3: BUY XAUUSD zone 2597 - 2599 SL 2594 TP 2602 - 2610 - 2620 - 2640.
TVC:GOLD
by ifjugapt
#XAUUSD/H4 Gold is bottoming out or continuing to adjust?Market outlook for the European-American trading session on November 15, 2024: The price correction of gold has been weakening, possibly forming a bottom. However, it is advisable to be patient and wait for lower price levels to find a good entry point. Today's trading trend: BUY. Key price levels to pay attention to: 🔴BUY zone: 2550 - 2555, 2535 - 2540, and 2515 - 2520. 🔴SELL zone: 2572 - 2577, 2585 - 2590, and 2609 - 2614. Recommended orders: Plan 1: BUY XAUUSD zone 2551 - 2553 SL 2548 TP 2556 - 2565 - 2575 - 2590. Plan 2: BUY XAUUSD zone 2538 - 2540 SL 2535 TP 2543 - 2550 - 2570 - 2590. Plan 3: SELL XAUUSD zone 2588 - 2590 SL 2593 TP 2585 - 2575 - 2565 - 2560.
TVC:GOLD
by ifjugapt
#XAUUSD/Deep adjustment rhythm. Expecting the milestone of 2600.Market analysis for XAUUSD trading on November 11, 2024: After President Donald Trump's re-election, gold prices have cooled down. The moves and policies that Trump implements could have a significant impact on gold prices. There is a very high likelihood that this adjustment phase will continue. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2695 - 2700, 2710 - 2715, and 2730 - 2735. BUY zone: 2662 - 2667, 2650 - 2655, and 2635 - 2640. Recommended orders: Plan 1: SELL XAUUSD zone 2698 - 2700 SL 2703 TP 2695 - 2685 - 2675 - 2650. Plan 2: SELL XAUUSD zone 2713 - 2715 SL 2718 TP 2710 - 2700 - 2680 - 2650. Plan 3: BUY XAUUSD zone 2636 - 2638 SL 2633 TP 2641 - 2650 - 2660 - 2680.
TVC:GOLD
by ifjugapt
#XAUUSDContinue to increase or maintain the adjustment momentum.Market analysis for XAUUSD trading on November 8, 2024: The trading session on Thursday rebounded strongly after a previous drop of 100 points. However, the possibility of gold prices still adjusting downward remains as Mr. Donald Trump is elected and implements new policies. The USD may rise significantly, putting pressure on gold prices to decrease. Today's trading trend: BUY scalp (hold SELL). Key price levels to watch: SELL zone: 2718 - 2725 and 2743 - 2748. BUY zone: 2676 - 2681, 2664 - 2669, and 2632 - 2637. Recommended orders: Plan 1: SELL XAUUSD zone 2723 - 2725 SL 2728 TP 2720 - 2710 - 2700 - 2680 - 2640 Plan 2: SELL XAUUSD zone 2743 - 2745 SL 2748 TP 2740 - 2730 - 2700 - 2640. Plan 3: BUY XAUUSD zone 2635 - 2637 SL 2632 TP 2640 - 2650 - 2660 - 2670.
TVC:GOLD
by ifjugapt
#XAU Donald Trump was elected and the adjustment rhythm of Gold.Market analysis for Gold (XAUUSD) on November 7, 2024: The news of Donald Trump's re-election as President of the United States has had a significant impact on the global financial market. A decrease in gold prices was anticipated, but the drop of nearly 100 points still caused turmoil in the market. It is highly likely that this correction will continue to deepen. Today's trading trend: SELL. Key price levels to watch: SELL zone: 2680 - 2685, 2700 - 2705, and 2712 - 2717. BUY zone: 2632 - 2640 and 2600 - 2605. Recommended order: Plan 1: SELL XAUUSD zone 2683 - 2685 SL 2688 TP 2680 - 2670 - 2650 - 2640 Plan 2: SELL XAUUSD zone 2703 - 2705 SL 2708 TP 2700 - 2690 - 2680 - 2640. Plan 3: SELL XAUUSD zone 2712 - 2714 SL 2717 TP 2709 - 2700 - 2680 - 2640.
TVC:GOLD
by ifjugapt
#XAUUSD/H4 The big wave in the U.S. presidential election.Market analysis for XAUUSD trading during the European and American sessions: The price adjustment of gold is still ongoing; however, it has not yet broken through the sideways range of 2730 - 2750. If the price breaks below 2730, it will officially undergo a significant correction. The news regarding the Presidential and Congressional elections in the U.S. will have a strong impact on the market. Today's trading trend: SELL. Key price levels to note: SELL zone: 2740 - 2745, 2750 - 2755, and 2760 - 2765. BUY zone: 2715 - 2720, 2703 - 2708, and 2680 - 2685. Recommended orders: Plan 1: SELL XAUUSD zone 2743 - 2745 SL 2748 TP 2740 - 2730 - 2720 - 2685 Plan 2: SELL XAUUSD zone 2753 - 2755 SL 2758 TP 2750 - 2740 - 2730 - 2720. Plan 3: BUY XAUUSD zone 2706 - 2708 SL 2703 TP 2711 - 2720 - 2725 - 2730.
TVC:GOLD
by ifjugapt
#XAUUSDDeep adjustment rhythm, awaiting the upcoming opportunityMarket outlook for Gold trading during the European-American session on November 1, 2024: Yesterday saw a profit-taking adjustment that was anticipated. This adjustment will be quite strong, and we should wait for a good entry point to implement our upcoming hold strategy. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2760-2765 and 2770-2775. BUY zone: 2725-2730, 2710-2715, and 2680-2685. Recommended orders: Plan 1: SELL XAUUSD zone 2660 - 2662 SL 2665 TP 2657 - 2650 - 2640 - 2630 -open Plan 2: SELL XAUUSD zone 2773 - 2775 SL 2778 TP 2770 - 2760 - 2750 - 2740 - open. Plan 3: BUY XAUUSD zone 2711 - 2713 SL 2708 TP 2716 - 2720 - 2725 - 2730.
TVC:GOLD
by ifjugapt
XAUUSD WEEKLY BUY PROJECTION 19.10.24Reason for Bullish Gold hit a record high last month. Goldman Sachs analysts think it's not done rising. 1 The firm in a Monday note said it has a price target of $2,700 per ounce on the precious metal. That's actually a bit less bullish than before, since the bank is now targeting early next year instead of later in 2024 — but that's still an 8% premium over the $2,525 high on Aug. 27. 2 CNBC. “Gold / US Dollar Spot.” Gold futures ticked higher Wednesday to around $2,524 an ounce.
OANDA:XAUUSDLong
by kripsonfx97
GOLD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN 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 better trader thank you
FX:XAUUSDShort
by tradergyan01
6
#XAUUSD:Will Further Escalation In Middle East Support The BullsGold was retested on Friday after USD data came out in support of the USD. The DXY rose back strongly, leading many USD pairs to melt heavily. Furthermore, the gold price dropped to the 2633 region and then retested a few more times before ranging between 2633 and 2658. Now, since the last three daily candles closed with strong wick rejections, we believe the price is likely to continue going up, up until 2730. Fundamentals and technical analysis support our view since the ongoing conflict in the Middle East is likely to worsen in the coming days. That will likely raise concerns among investors worldwide. If you like the idea, please like and comment. Let's discuss the idea in the comment box.Gold was reassessed on Friday following the release of USD data that favored the USD. The DXY experienced a significant increase, causing several USD pairs to decline sharply. Furthermore, the gold price fell to the 2633 region and underwent multiple retests before fluctuating between 2633 and 2658. Given that the last three daily candles closed with notable wick rejections, we anticipate a continued upward trend in the price, potentially reaching 2730. Our perspective is supported by both fundamental and technical analyses. The ongoing conflict in the Middle East is expected to escalate in the coming days, potentially generating increased investor apprehension worldwide. If you find this analysis valuable, please indicate your approval by liking and commenting. We encourage a constructive discussion of this concept in the comment section.
OANDA:XAUUSDLong
by Setupsfx_
2
XAUUSD 1H SELL PROJECTION 18.09.24old buyers regain control, as the 14-day Relative Strength Index (RSI) remains comfortably above the 50 level, having eased off from near the overbought territory. The optimism prevails so long as they defend the one-and-a-half-month-old symmetrical triangle target now support at $2,560. That said, the immediate resistance is seen at the record high of $2,590, above which the $2,600 level will be tested. Acceptance above that level will call for a test of the $2,650 psychological barrier. If the Fed disappoints the doves, Gold price could witness a fresh sell-off, which could challenge the August 20 high of $2,532. Additional declines will threaten the 21-day Simple Moving Average (SMA) at $2,522, below which the $2,500 mark will be on sellers’ radars.
OANDA:XAUUSDShort
by kripsonfx97
1
XAUUSD 4H SWING SELL PROJECTION 13.09.24Technical Reason for Gold Sell You're looking for technical reasons to sell gold. Here are a few: 1. Overbought conditions: If gold's Relative Strength Index (RSI) exceeds 70, it may be due for a correction. 2. Trend line break: A break below a key trend line, like the 50-day moving average, could signal a sell. 3. Chart patterns: A head and shoulders pattern or a double top could indicate a reversal. 4. Fundamental changes: A strengthening US dollar, rising interest rates, or improved economic conditions could reduce gold's appeal. Keep in mind that technical analysis is not foolproof, and it's essential to combine it with fundamental analysis and market news. Would you like more information on gold trading?
OANDA:XAUUSDShort
by kripsonfx97
2
XAUUSD 1H BUY PROJECTION Reason for Bullish Interest Rate Cuts and Economic Indicators Two Federal Reserve policymakers voiced their opinion on Tuesday, stating it would be “reasonable” to expect three interest rate cuts in the U.S. within the year. This perspective comes despite a backdrop of robust economic indicators, which have led some investors to question the feasibility of such moves. The anticipation of interest rate adjustments is a critical factor influencing financial markets and investment strategies. Surge in Gold Prices The price of gold has surged over 10% since the start of the year, cementing its status as a preferred hedge against inflation and a sanctuary amid political and economic uncertainty. This significant uptick is largely due to considerable purchases by central banks and a rising demand for safe-haven assets. Gold and Silver Prices Today As of April 5th, 2024, the precious metals market has observed noteworthy movements. Gold prices have reached new highs, driven by global trends and market dynamics, reflecting the continuous appeal of gold as an investment. U.S. Economic Outlook Recent data indicates a slowdown in the growth of the U.S. services industry for March, with a concurrent reduction in the prices businesses pay for inputs, hitting a four-year low. These developments suggest a potentially favorable outlook for inflation, influencing investment decisions and monetary policy.
FOREXCOM:XAUUSDLong
by kripsonfx97