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
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.
#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
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/H1 Weekend trading trends. Opportunities and risks ?Forecast for 8/23/2024:
Gold is expected to continue its correction, with a high likelihood of further adjustment. Frame D has shown a reversal, presenting an opportunity for short selling and preparing for a strong rise after the completion of gold's momentum.
The trading trend for today is SELL.
Key price levels to watch:
SELL zones: 2497 - 2500 and 2508 - 2511. BUY zones: 2473 - 2476 and 2450 - 2454.
Recommended orders:
Plan 1: SELL XAUUSD zone 2497 - 2499
SL 2503
TP 2494 - 2485 - 2475 - 2450.
Plan 2: SELL XAUUSD zone 2509 - 2511
SL 2515
TP 2500 - 2490 - 2480 - 2450.
Plan 3: BUY XAUUSD zone 2473 - 2475
SL 2469
TP 2480 - 2490 - 2495.
Is it still possible to adjust to 2435 and 2450 beats per minuteAnalysis of the gold trend in the Europe - America session on August 22, 2024:
The analysis from yesterday was completely accurate as gold has confirmed the current peak at 2531. The deep correction trend continues, albeit slowly, due to political situations and investor sentiment. Today, there will be news affecting USD and GOLD, leading to the possibility of establishing new peaks before further adjustments.
The trading trend for today is SELL.
Key price areas to watch:
SELL zone: 2517 - 2523, 2525 - 2527, and 2538 - 2541.
BUY zone: 2500 - 2503 and 2494 - 2497.
Recommended orders:
Plan 1: SELL XAUUSD zone 2517 - 2519
SL 2523
TP 2514 - 2505 - 2495 - 2450.
Plan 2: SELL XAUUSD zone 2525 - 2527
SL 2531
TP 2520 - 2510 - 2500 - 2450.
Plan 3: BUY XAUUSD zone 2500 - 2502
SL 2496
TP 2507 - 2515 - 2520.
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/H1 Confirm the two-peak model or continue to increase?Gold XAUUSD analysis on August 20, 2024:
Following the start of the trading week on Monday, prices remain sideways in the 2500 - 2510 range. This correction phase is likely forming a double top pattern at H1; breaking through the 2477-2480 range would confirm the pattern. Currently, there is a small overbought area at 2508 - 2513.
Today's trading trend is SELL.
Key price levels to note:
SELL zone 2510 - 2516, 2526 - 2530;
BUY zone: 2490-2493, 2477 - 2482.
Recommended orders:
Plan 1: SELL XAUUSD zone 2514 - 2516
SL 2522
TP 2508 - 2500 - 2590 - 2435.
Plan 2: BUY XAUUSD zone 2490-2492
SL 2486
TP 2495 - 2500 - 2510.
Plan 3: BUY XAUUSD zone 2480 - 2482
SL 2476
TP 2488 - 2495 - 2510.
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.