Xauusdsignal
Plan trading XAU 23.09.20214➡️ Technical Analysis:
Over a long period of time, Gold has formed a reaccumulation structure, and based on cyclical timing, Gold has broken upwards, creating a SOS (Sign of Strength). I've discussed the cyclical nature of Gold in live sessions multiple times.
On the H4 chart, we can see that it has created a SOS, and currently, we have a Backup/LPS zone around 2523 - 2530 that hasn't been retested yet. It might not happen in the coming week, but Gold will soon return to retest this level.
On a smaller timeframe, like M15, Gold is also forming a reaccumulation range.
There is synchronization across timeframes, so I prioritize a BUY strategy with a full target for this week at 2644.
A key area to focus on is the Swap Point, which I’ve noted at 2600.
Pay attention as the price moves higher and breaks the ATH (All-Time High); there will be increasing selling pressure. If there are sharp drops with large volumes, avoid jumping in immediately. Wait for stable signals before entering trades!
Plan XAU 20.09.2024✔️ I think gold will move within a wide sideways range today. If you're looking to SELL, aim for the top at 2597 - 2598.
✔️ The lower points will be BUY zones. For these points, manage your capital carefully and gradually with every 1/2R, guys.
✔️ Gold's movement yesterday was quite surprising. Those who SOLD at the FOMC peak likely got stopped out, and the same for those who BOUGHT. This range is quite wide and difficult to trade, so make sure to trade with consistent and stable volume. Don’t double your position size out of frustration from a single stop-loss and let it affect your mindset!
✔️ It's Friday today, wishing you successful trading!
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
XAUUSD 1H SELL PROJECTION 19.009.24Reason for Sell
With the price reaching extreme levels, there may be a significant opportunity for sellers to capitalize on profit-taking and increased selling pressure. Traders may anticipate a decline as market sentiment shifts from bullish to bearish, especially if key resistance levels hold.
Update PLAN XAU After FOMCAs I have updated everyone on the Gold Plan through previous trading plans (check in the trading idea section). Currently, gold has reached the 2544 - 2548 zone and is showing a reaction, but I feel it is not very strong.
The FED's 0.5% interest rate cut could have a short-term impact.
At the moment, gold is forming a short-term distribution range, and for now, I will look for sell entries toward the BUY Swing zone - as shown in the chart!
"Update on the upcoming before the Fed - interest rate cutsMany people have asked me about my view on how the Fed's interest rate cuts will impact the market.
I have a few thoughts on this, but please note that these are just my personal opinions and should not be considered as trading recommendations!
In the chart, I’m displaying two lines:
- Red: Federal Funds Rate
- Blue: Unemployment Rate
If you look back at history, each time the Fed cuts rates, it typically coincides with economic troubles, although the signs may not be immediately apparent in the early stages.
Initially, Powell’s objective was to combat inflation and achieve a soft landing, but in his most recent speeches, the focus has shifted to stabilizing the economy. This indicates a change in the Fed's assessment of the economic situation, which concerns me as it suggests that we could be heading towards a recession.
History supports this perspective, as the unemployment rate is one of the clearest indicators of recession. Other accompanying metrics, such as GDP, also matter, but during this period, the CPI holds less value for assessing the economic landscape.
In my opinion, it’s just a matter of when the recession will occur. We’ll need to wait for a few key indicators over the next two to three months.
This article is meant for everyone to evaluate the current economic situation. The next article will update on asset classes like Gold, BTC, and stocks, and how they might perform during a recession."
Let me know if you need further assistance!
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.
XAUUSD 1H BUY PROJECTION 17.09.24XAUUSD can be influenced by global news and economic data releases, but its price does not fluctuate as rapidly as that of stocks, cryptocurrencies and other risky assets. In times of economic uncertainty, investors use gold to save their funds. Knowing their funds are safe.
Update PLAN XAU before FOMCCurrently, as I updated in last week's plan, gold is in a consolidation phase between the 2579-2590 zone. This is a fairly wide range, and it's highly likely that we will see continued sideways movement for the rest of today, potentially until the FOMC announcement.
I'm watching the following levels for scalping buy entries: 2548 / 2567.
In addition, there's a BUY swing entry at 2521
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.
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?
Golden Indicator based 1%gain Xauusd 2520 to 2550...30pts TargetBuy Condition
Xauusd buy above 2520
stoploss 2513...........7 pts
Tp1.......................2530.....10pts
Tp2.......................2546.....26pts 1 % gain...All time high
Tp3.......................2550......30 pts
This level based on Golden Indicator and education purpose only
Current mkt price : 2513
#XAU Large sideways amplitude, accumulating for an upward cycle.Trading trend analysis for September 12, 2024:
As noted on September 11, 2024, gold prices have yet to break the resistance level of 2527 - 2531, and prices continue to move sideways within the H4 timeframe. Currently, this sideways range is quite broad: 2483 - 2531. However, the D and W timeframes indicate that this is a bullish accumulation phase.
Today's trading trend: SELL.
Key price levels to watch:
SELL zone: 2519 - 2524 and 2527 - 2531.
BUY zone: 2508 - 2511, 2500 - 2505, and 2490 - 2495.
Recommended orders:
Plan 1: SELL XAUUSD zone 2519 - 2521
SL 2524
TP 2516 - 2510 - 2500 - 2495.
Plan 2: SELL XAUUSD zone 2527 - 2529
SL 2532
TP 2524 - 2515 - 2505 - 2495.
Plan 3: BUY XAUUSD zone 2493 - 2495
SL 2490
TP 2500 - 2510 - 2520 - 2525.
Golden Indicator based signals Xauusd 2499 to 2515..16 pointsXauusd buy above only 2499.25
stoploss 2493.50.....6 points
Tp-1................2503.....4points
Tp-2................2509.....9.50 points
Tp-3.................2515.....16 points
This level based on Golden Indicator and education purpose only
CPI news: Will it reach a new peak or maintain a sideways range?Market analysis for XAUUSD trading on September 11, 2024:
The trading session on September 10, 2024, continued the upward trend of gold, with corrective movements unable to change the direction. However, the H4 timeframe is currently in a sideways range; the area between 2525 - 2531 remains very strong. It is highly likely that during the Asian session, this resistance zone will not be broken.
Today's trading trend is: BUY.
Key price areas to note:
BUY zone: 2500 - 2505 and 2510 - 2513.
SELL zone: 2525 - 2531 and 2538 - 2542.
Recommended orders:
Plan 1: BUY XAUUSD zone 2510 - 2512
SL 2507
TP 2515 - 2520 - 2525 - 2530.
Plan 2: BUY XAUUSD zone 2500 - 2502
SL 2497
TP 2505 - 2510 - 2515 - 2525.
Plan 3: SELL XAUUSD zone 2525 - 2527
SL 2530
TP 2522 - 2517 - 2512 - 2505.
Wishing you all a successful trading day.😘😘😘😘😘😘😘😘😘
#XAUUSD/H1 Adjustment rhythm creates momentum, surpassing peaks.Analysis of XAUUSD gold trading trends for the European-American session on September 10, 2024:
As noted on September 9, 2024, gold prices have increased at the beginning of the week. However, the upward momentum does not appear strong; a deeper correction is needed to build momentum for a breakout. Current expectations may target the 246x or 247x area.
Today's trading trend: SELL.
Key price levels to watch:
SELL zone: 2511 - 2513 and 2518 - 2522.
BUY zone: 2498 - 2501 and 2482 - 2486.
Recommended orders:
Plan 1: SELL XAUUSD zone 2511 - 2513
SL 2516
TP 2508 - 2500 - 2490 - 2475.
Plan 2: SELL XAUUSD zone 2519 - 2521
SL 2524
TP 2516 - 2510 - 2500 - 2475.
Plan 3: BUY XAUUSD zone 2471 - 2473
SL 2468
TP 2476 - 2485 - 2495 - 2565 - open.
XAUUSD 1H SELL PROJECTION 10.09.24Reason for Bearish
Gold prices have continued to hit fresh highs in 2024 due to a wide range of factors — from escalating geopolitical risks and the interest rate outlook to budget deficit concerns, inflation hedging and central bank buying.
Gold’s blistering rally this year was partly fueled by expectations the Federal Reserve (Fed) would cut interest rates as many as three times in 2024, as stubborn inflation started to ease. But current projections suggest only one rate cut is penciled in for the remainder of 2024.
Traditionally, a weaker U.S. dollar and lower U.S. interest rates increase the appeal of non-yielding bullion. But a significant decoupling started to emerge in early 2022 and gold’s relationship with U.S. real yields has broken down even further this year.
“Gold’s resurgence has come earlier than expected, as it further decouples from real yields. We have been structurally bullish gold since the fourth quarter of 2022 and with gold prices surging past $2,400 in April, the rally has come earlier and has been much sharper than expected. It has been especially surprising given that it has coincided with Fed rate cuts being priced out and U.S. real yields moving higher due to stronger labor and inflation data in the U.S,” said Gregory Shearer, Head of Base and Precious Metals Strategy at J.P. Morgan.
XAUUSD 15M ASCENDING TRIANGLE BUY PROJECTION 09.09.24Reason for Bullish
Key Takeaways
The trendlines of a triangle need to run along at least two swing highs and two swing lows.
Ascending triangles are considered a continuation pattern, as the price will typically break out of the triangle in the price direction prevailing before the triangle, although this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline.
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
XAUUSD/GOLD 30M BUY PROJECTION 09.09.24nternally, factors such as domestic demand, currency exchange rates, and government policies play a significant role in shaping gold's trajectory. For instance, a surge in demand for gold during cultural festivities or a weakening domestic currency can propel prices upwards
Gold for the week starting 9th September 2024Gold is on the downward trend in 1,2,3,4 hr time frame, but on uptrend in day time frame.
Seems to be in consolidation mode between 2460 & 2530. Break on either side will give 100 points.
Buy if one hour candle closes ABOVE 2511 for a target of 2522 to 2525
Sell around 2500 to 2505 for a target of 2465 to 2460.
Disclaimer: This is my own view and is only for educational purpose. please do your analysis before taking any position.