A Continuing Triangle pattern Breakout is on its way - XAUUSDGold is set for an upward impulse after a month long consolidation , Will see retesting its All Time Highs Soon.Longby naveen_kumar_PSUpdated 2
Basic leavels for Xau/UsdMay go long and short according with the levels. There is more momentum in this chart. must take a taste. by mananthakur1555Published 2
XAUUSD buy given at 2300 , 63$ profit 2372, 2385, 2399 Target Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTraderPublished 2
Trade active on GOLDsell active on gold , which is a strong SUPPLY ZONE and market also in Correction phase.Shortby KnickkPublished 5
More data needed before rate cuts for XAU to fallThe US central bank still needs more data before cutting interest rates to ensure the recent weak inflation figures accurately reflect underlying price pressures. Previous data showed U.S. jobs rose to 8.14 million in May. Friday (US time), which will be important in assessing whether the US labor market remains resilient amid decades of high interest rates.by NicoTradingMasterUpdated 3
After a slight decrease, XAU suddenly turned aroundUS Federal Reserve (FED) Chairman Jerome Powell and expect US employment data to be released later this week for further signals on US interest rate cuts. Yields on 10-year Treasury notes hit a one-month high and remained high, making non-yielding bullion less attractive. The market remains very sensitive to any discussion about interest rates or anything related to FED policy. So I think the market is still in the wait-and-see phase."by NicoTradingMasterUpdated 1
again try to downBearish Sentiment: Taking the sell side of XAU/USD indicates a bearish outlook on the price of gold relative to the US dollar. Traders and investors expect the price of gold to decrease or anticipate the US dollar to strengthen against gold. Profit from Price Decline: Traders who sell XAU/USD aim to profit from a decrease in the price of gold. They would sell now with the intention to buy back (cover) at a lower price in the future, thereby pocketing the difference. Risk Management: Like any trade, selling XAU/USD involves managing risks such as price volatility, geopolitical events affecting gold prices, and economic data impacting the strength of the US dollar. Shortby SefinshaPublished 3
XAUUSDXAU/USD 1-Hour Analysis: Bullish Breakout and Continuation Pattern. Chart Overview: This XAU/USD 1-hour chart analysis highlights a breakout from a descending channel and identifies potential bullish continuation patterns. Key support and resistance zones are marked to outline the expected price movement. Key Points: Trend Analysis: The chart initially shows a descending channel, indicating a bearish trend. However, recent price action suggests a breakout from this channel, indicating a shift towards bullish momentum. Support and Resistance Levels: Support: Significant support levels are marked around 2,326 and 2,315 (USD). These zones were previous resistance areas and are expected to provide strong support after the breakout. Resistance: The key resistance levels to watch are around 2,348 and 2,367 (USD), highlighted by the red shaded boxes. Bullish Breakout Signal: The price has broken above the descending channel, suggesting the bearish trend is reversing and bullish momentum is emerging. The price is currently trading above the support zone at 2,326, indicating a potential bullish continuation. Potential Price Path: The analysis suggests a pullback towards the support zone around 2,326, followed by a bullish continuation towards the next resistance level around 2,367. The projected price path is indicated by the upward arrow, showing the expected move after the pullback. Market Sentiment: The sentiment is bullish given the breakout above the descending channel and the support holding. Traders should look for higher lows (HL) and higher highs (HH) to confirm the bullish trend. Trading Plan: Look for buying opportunities on pullbacks towards the support zone around 2,326. Consider placing stop-losses just below the support level to manage risk. Target the resistance levels around 2,348 and 2,367 for potential take-profits. This analysis suggests a potential bullish continuation for XAU/USD, with buying opportunities on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.Longby harshkjogadiaPublished 1
XAUUSDXAU/USD 1-Hour Analysis: Bullish Breakout and Continuation Pattern. Chart Overview: This XAU/USD 1-hour chart analysis highlights a breakout from a descending channel and identifies potential bullish continuation patterns. Key support and resistance zones are marked to outline the expected price movement. Key Points: Trend Analysis: The chart initially shows a descending channel, indicating a bearish trend. However, recent price action suggests a breakout from this channel, indicating a shift towards bullish momentum. Support and Resistance Levels: Support: Significant support levels are marked around 2,326 and 2,315 (USD). These zones were previous resistance areas and are expected to provide strong support after the breakout. Resistance: The key resistance levels to watch are around 2,348 and 2,367 (USD), highlighted by the red shaded boxes. Bullish Breakout Signal: The price has broken above the descending channel, suggesting the bearish trend is reversing and bullish momentum is emerging. The price is currently trading above the support zone at 2,326, indicating a potential bullish continuation. Potential Price Path: The analysis suggests a pullback towards the support zone around 2,326, followed by a bullish continuation towards the next resistance level around 2,367. The projected price path is indicated by the upward arrow, showing the expected move after the pullback. Market Sentiment: The sentiment is bullish given the breakout above the descending channel and the support holding. Traders should look for higher lows (HL) and higher highs (HH) to confirm the bullish trend. Trading Plan: Look for buying opportunities on pullbacks towards the support zone around 2,326. Consider placing stop-losses just below the support level to manage risk. Target the resistance levels around 2,348 and 2,367 for potential take-profits. This analysis suggests a potential bullish continuation for XAU/USD, with buying opportunities on pullbacks towards the support zone. Traders should ensure proper risk management and stay updated with any external economic factors that may influence the price movement.Longby harshkjogadiaPublished 0
XAUUSD GOLD We will short Gold from here, close 50% of the trade at 100 pips and hold the rest till 2320, Shortby imtiyazhakeem335Published 3
SELL XAUUSDIn my opinion, I am looking to sell , which is a strong SUPPLY ZONE and market also in Correction phase. It is not advisable to enter without confirmation from a lower TF. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice.Shortby KnickkPublished 1
3th JULY GOLD PREDICTIONTrading Strategy for Gold Sell Entry Point: Entry Range: 2336 - 2340 Stop Loss (SL): Above: 2340 (suggested precise level: 2342 to give some buffer for volatility) Take Profit (TP) Targets: TP1: 2330 TP2: 2325 TP3: 2320 Execution Plan Market Analysis: Trend: Sideways movement between 2320 - 2340. Catalyst: Awaiting nonfarm payroll news this week. Entry Strategy: Sell Orders: Place sell orders within the 2336 - 2340 range. Volume Allocation: Consider splitting your position into smaller orders to average into the range. Stop Loss Management: SL Placement: Set your stop loss above the 2340 level. A precise level like 2342 ensures some buffer against minor price fluctuations. Take Profit Strategy: TP1: Set for 2330 to secure partial profit. TP2: Set for 2325 for further profit taking if the price continues to move down. TP3: Final TP at 2320 to maximize profit if the price reaches the lower end of the range. Risk Management: Ensure your position size respects your risk management rules. Avoid over-leveraging to manage potential volatility around the nonfarm payroll announcement. Monitoring: Stay updated with news and market sentiment leading up to the nonfarm payroll release. Be prepared to adjust your strategy if there are significant market movements or news developments. Summary Sell at 2336-2340 Stop Loss: 2342 Take Profits: 2330 (TP1), 2325 (TP2), 2320 (TP3)Shortby TradingGuruTopPublished 3
XAUUSD Scalping - In Buy zone !!XAUUSD scalping trade - quick buy l #Gold in buy zone Trading in zone BUY, TARGET and STOPLOSS Level marked on chart… Thanks & Regards, @VishwajeetSharmaLongby VishwajeetSharmaPublished 2
XAUUSD GOLD This trade is working well, it is moving about 150 pips. If you guys want to learn trading, my ID is on the chart, you can dm meShortby imtiyazhakeem335Published 0
Gold XAUUSD buy on dip given near 2300 , uptrend started continuDisclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTraderPublished 110
GOLD SETUP TRADE WIH 1:8 RISK REWARDGOLD SETUP TRADE WIH 1:8 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 1H trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more GOLD SETUP TRADE WIH 1:8 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 30 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more Shortby tradergyan01Published 226
XAUUSD GOLD We will sell Gold from here today, it will serve as a perfect supply, I hope this trade can give you good profit.Shortby imtiyazhakeem335Published 0
Gold is still in a strong uptrendGold costs rose greater than 1.0% on Thursday, way to a pointy drop in US authorities bond yields after records at the US hard work marketplace became released. Specifically, the range of packages for unemployment blessings withinside the 2nd week of November improved better than expected, achieving 231,000, better than the forecast of 220,000. The range of humans receiving unemployment blessings additionally amazed while it improved to 1,865,000 - the very best in almost years, displaying the problem of the United States activity marketplace. Gold costs rose sharply yesterday, overcoming critical resistance lasting from 1,975-1,980 USD. If the upward momentum is maintained, the charge ought to upward push to the $2,010-2,1/2 area, in addition to $2,060 withinside the coming days.by NicoTradingMasterUpdated 1
XAUUSD SHORTFOREXCOM:XAUUSD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied... Keep trading Hustle hard Markets can be Unpredictable, research before trading. Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!! Shortby PhinicsPublished 111
Gold price will surpass 2,350 USD/ounce in July.Gold prices rose more than 1.0% on Thursday, thanks to a sharp drop in US government bond yields after data on the US labor market was released. Specifically, the number of applications for unemployment benefits in the second week of November increased higher than expected, reaching 231,000, higher than the forecast of 220,000. The number of people receiving unemployment benefits also surprised when it increased to 1,865,000 - the highest in nearly two years, showing the difficulty of the US job market. Gold prices rose sharply yesterday, overcoming important resistance lasting from 1,975-1,980 USD. If the upward momentum is maintained, the price could rise to the $2,010-2,015 area, further to $2,060 in the coming days.Shortby NicoTradingMasterUpdated 1
XAUUSD July 2, 2024 will the price continue to increase?Looking at H1, we see that the price is having a recovery to the 2334 area. Looking at the recovery candles, we see that these are short-bodied candles, which proves that the price momentum is weak and will not make the price go far. Okay - Looking at the overall price correction, the price is in a Flat correction model. With this model, we continue to expect the price to complete wave C before continuing. We continue to wait for the price to touch the target of wave C at the price range 2311 to 2304 to enter a Buy order.Longby DEEKOPPublished 2
XAUUSD July 1, 2024 Has the uptrend begun?Last week we saw that from H1, the price completed a 5-wave pattern. According to the Elliot principle, this could be wave A or impulse wave 1 - Whether it is a wave A pattern or a complete wave 1 pattern, the 5-wave pattern is always followed by a correction wave - We expect the abc corrective wave pattern to find a trading setup when wave c completes - As shown on h1, we see that the correction pattern is in wave b phase and after wave b completes, we will determine the target of wave c to decide to enter the order. - Looking at h1, we see that the demand zone created by the bottom of wave 4 has been approached many times so this zone has been weakened and there is a high possibility of being breached, this reinforces for us that the bearish wave C will form. From the current data, we can temporarily measure the target of wave C at two price zones: 2311 and 2304. From the target area of wave C we can find buy orders - In case the price breaks through the 2294 zone, our wave counting process is no longer correct, then I will update the new wave counting settings. - Area 2294 is also a good Stoploss area for our buy orderLongby DEEKOPUpdated 1
XAUUSD GOLD I had given this set-up some time ago, you can see it by going to my profile. The result is in front of you. I am closing my positionShortby imtiyazhakeem335Published 0