Xauusdsignal
XAUUSD 4H SELL PROJECTION 03.09.24Interest 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.
26th August GOLD PREDICTIONGOLD has changed from a downtrend to an uptrend after the speech of FED Chairman POWELL. After the price failed to break the resistance at 2517-2519, it is predicted that there will be a slight recovery to 2507-2502 and continue to increase.
My plan for GOLD :
BUY LIMIT 2507-2503
SL 2500
TP1 2514
TP2 2517.5
TP3 2521
TP4 OPEN
Gold future PredictionI make 2 prediction for future for trade in gold curently gold touch the price all time high 2530.00 then after its make 2470.00 low and now i have 2 scenario for gold so if its break high then after a big spike in market 2590.00 and its falling down and its make 2 target 2407.00 2353.00.
XAUUSD GOLD DECLINING ?Xauusd Gold is currently hovering below the 2500 dollar markup , we have seen already it has touched the price label 2531.816 all time high , now it's in a range of healthy correction , I'm waiting for the fresh demand around 2460-2457 before any up move i am expecting right now.
Daily candle closing below 2437.89 considered bearish. 2460.55-2483.61 is no man's land , no trade zone. OANDA:XAUUSD
Gold XAUUSD corrective patternXauusd made high near 2532 where impulse 5 wave completed..
and started corrective wave w-x-y (double correction done) and made low near 2470 near the channel bottom support.
If it sustains inside the channel with bullish candle formation above 2480 than expect one more move up for wave X towards 2490-2495
now stay cautious in shorting near the channel support.. it can be trap if profit booking follows.
golden ratio level 2470 if broken than downside 2460-2455
Disclaimer.. Study is only for educational purpose and no trading advise
XAUUSD 1H BUY PROJECTION 21.08.24The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 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
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 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
XAUUSD/GOLD 30 MIN BUY PROJECTION 19.08.24Gold is valuable due to its rarity, durability, and historical significance as a medium of exchange and store of value. It tends to hold its value during economic turbulence, and investors appreciate its potential for a safe haven. It is also used in jewelry and electronics, so there are some real-world uses of gold.
XAUUSD/GOLD BUY&SELL PROJECTION |18.08.24Trading XAUUSD pair is popular among gold traders who seek opportunities in the fluctuations of gold prices relative to the dollar. This trading pair is influenced by factors such as supply and demand, economic data, geopolitical events, and central bank policies.
XAUUSD 15M SELL PROJECTION 16.08.24XAU/USD, commonly known as the gold-to-dollar currency pair, holds the distinction of being one of the most traded Forex pairs for several compelling reasons. Firstly, gold has historically been a store of value and a hedge against inflation, economic uncertainty, and currency fluctuations. As a result, traders and investors often turn to gold during times of market turbulence or when seeking a safe haven for their capital.
The pairing of gold with the U.S. dollar is particularly significant due to the global dominance of the U.S. dollar as the world's primary reserve currency. The USD serves as a benchmark for many commodities, and the XAU/USD pair reflects the dynamics between the safe-haven appeal of gold and the strength or weakness of the U.S. dollar.
Moreover, the gold market is highly liquid, with a deep and active trading environment. This liquidity makes it easier for traders to enter and exit positions with minimal slippage. Additionally, the 24-hour nature of the Forex market allows participants from different time zones to engage in XAU/USD trading, contributing to its popularity.
In summary, the XAU/USD pair is favored in the Forex market due to gold's historical role as a safe haven, the prominence of the U.S. dollar, and the liquidity and accessibility of the gold market for traders worldwide.
A decending triangle patterns showing on XAUUSD WITH 1:10 RRA decending triangle patterns showing on XAUUSD
A short term 15m tradeing setup showing on gold
Selling setup
With a risk reward ratio of 1:10
The setup giving clarity to selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and daily chat
And the short term setup
All are of them indicating the same SELLING SETUP
A decending triangle patterns showing on XAUUSD
A short term 15m tradeing setup showing on gold
Selling setup
With a risk reward ratio of 1:10
The setup giving clarity to selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and daily chat
And the short term setup
All are of them indicating the same SELLING SEUP
XAUUSD 1H SELL PROJECTION 15.08.24From a technical perspective, the daily chart for XAU/USD suggests the bearish potential remains limited. The pair found an intraday bottom at around the 23.6% Fibonacci retracement of the June/July rally at $2,438.80, now holding above the level. At the same time, technical indicators have lost their upward strength but remain within positive levels. Only the Relative Strength Index (RSI) turned south but stays far from confirming another leg south. Finally, XAU/USD keeps developing above all its moving averages, with the 20 Simple Moving Average (SMA) now flat at around $2,417.50.
Technical readings in the 4-hour chart, however, show the slide may continue, particularly if XAU/USD slides below the aforementioned Fibonacci support. Technical indicators retreated sharply from near overbought readings and are currently hovering around their midlines, partially losing the bearish momentum but still heading south. At the same time, XAU/USD broke below its 20 SMA, which stands at around $2,455.00. The 100 and 200 SMAs remain below the current level, somehow suggesting a steeper decline is not yet on the cards.
Support levels: 2,438.80 2,4260.90 2,438.80
Resistance levels: 2,458.70 2,471.10 2,483.70