#XAUUSD/H1 Strong upward momentum, establishing a new peak.Trading trend analysis for September 9, 2024:
After creating a candle wick on the M timeframe, the gold price has closed with a strong wick on the D and W timeframes. The gold price has not yet surpassed the peak of 2531; however, it is certain that the gold price will exceed this peak to reach levels of 2538-2542, 2548-2553, or 2565-2570.
The trading trend will be BUY.
Key price zones to note:
BUY zone: 2482-2485 and 2494-2496.
SELL zone: 2505-2508 and 2522-2525.
Recommended orders:
Plan 1: BUY XAUUSD zone 2482 - 2484
SL 2479
TP 2490 - 2500 - 2510 - 2525.
Plan 2: BUY XAUUSD zone 2494 - 2496
SL 2491
TP 2500 - 2505 - 2515 - 2525.
Plan 3: SELL XAUUSD zone 2523 - 2525
SL 2528
TP 2520 - 2515 - 2505 - 2495.
Xauusdsignal
Golden Indicator level Xauusd New All Time Hig 2519.50 to 2540++Buy Condition above only 2519.50
Current price running 2513.70
Buy above...... 2519.50
Stoploss........ 2512......7 pts
Tp-1..............2523.50......4 pts
Tp-2...............2528.50......9 pts
Tp-3................2535.........14 pts
Tp-4................2540.........20 pts
This level based on Golden Indicator and education purpose only
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.
#XAUUSD/H1 Strong increase or continued adjustment?Analysis of the XAUUSD gold trading trend for the European-American session on September 6, 2024:
Currently, the gold price is in a sideways range of 2500 - 2530, and the trading trend will be determined once this range is broken. However, in the long term, the gold price is still in an upward trend. This could be an accumulation zone aiming for a price of 2700 by the end of 2024 and early 2025. If the area of 2526 - 2531 is broken, the price will create a new peak in the range of 2548 - 2552, or even 2563 - 2567; if it does not break, the price may adjust down to the range of 2499 - 2504 or 2490 - 2495.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 2501 - 2503
SL 2498
TP 2506 - 2512 - 2520 - 2565.
Plan 2: BUY XAUUSD zone 2490 - 2493
SL 2488
TP 2498 - 2505 - 2515 - 2565.
Plan 3: SELL XAUUSD zone 2527 - 2529
SL 2532
TP 2522 - 2515 - 2510 - 2500.
Wishing you successful trading😘😘😘😘😘
XAUUSD/GOLD 1H BUY PROJECTION 06.09.24The behavior of gold around the 20-Day line, along with the bull breakout of the triangle, the accompanying long-term bull trend breakout to new record highs, followed by a minor pullback that holds above key support, are all bullish technical signs. They point to an eventual continuation of the bull trend
XAUUSD/GOLD 1H SELL PROJECTION 05.09.24Reason For Sell
Whether it's gold jewellery, coins, or bullion passed down through generations, selling inherited gold can provide immediate financial flexibility. This cash can be used for various purposes, such as paying bills, investing in other assets, or simply building up savings
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
XAUUSD 1H SELL PROJECTION 04.09.24The Union Budget's decision to reduce import duties on gold and silver has led to a significant drop in gold prices in India. While this presents challenges for existing investors who might face unrealized losses, it also opens opportunities for new investors to purchase gold at lower prices.6 Aug 2024
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.
#XAUUSD/H4 Crossing the peak area, accumulating or adjusting?Trading trend analysis for the week of September 2 - September 6, 2024:
As per our daily analysis, the gold price is currently moving within the sideways range of 2490 - 2530, and there are no signs of a breakout from this area yet. However, the new week will bring the "FED interest rate decision," which could be significant news that helps break this sideways range. My prediction is that September will be a very challenging month for trading due to the poor W and M candle patterns.
The trading trend for next week will be BUY.
Key price areas to note:
BUY zone: 2480 - 2485, 2490 - 2495, 2510 - 2515.
SELL zone: 2526 - 2531, 2537 - 2542, 2548 - 2553.
Recommended orders:
Plan 1: BUY XAUUSD zone 2490 - 2492
SL 2487
TP 2495 - 2500 - 2515 - 2537.
Plan 2: BUY XAUUSD zone 2483 - 2485
SL 2480
TP 2490 - 2500 - 2515 - 2537.
Plan 3: SELL XAUUSD zone 2539 - 2541
SL 2544
TP 2535 - 2525 - 2500 - 2465.
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