XAUUSD elliott wave projectionXAUUSD till now made high near 2532. In weekly time frame 3rd impulse wave is in progress.. 1.618% level is near 2541 stay cautious as doji candles forming near golden ratio.. Doji candle shows equal fight of bull and bear. downside immediate support near 2488 by MDstockmagic3
GOLD SETUP 29-AUG-2024Gold in zone when candle gives closing out of zone i plan to trade according buy/sell and we can get easy 30-40 pipes very simple setup just trust your self.by pinderthind9440
Buying at 50 Ema and 200 Ema 1:3 is a Target buy above the high near 50 Ema and 200 Ema when there is a upside crossover buy , when there is below crossover sell by ziaulmustafasagri1
Buying at 50 Ema and 200 Ema 1:3 is a Target buy above the high near 50 Ema and 200 Ema when there is a upside crossover buy , when there is below crossover sell by ziaulmustafasagri0
Crude sell on rise until ATH not break we exit buy at 2523 ystYesterday we exit from buy trade at 2523 also get profit on sell trade today 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 hitShortby JaiPrakashShuklaHarmonicTrader1
GOLD XAUUSD Analysis on (26/08/2024)#XAUUSD UPDATEDE Current price - 2512 If price stay below 2530,then next target 2490 and 2470 and above that 2540 Plan1; If price break 2518-2522 area and stay below 2510 area ,we will place sell order in gold with target of 2496,2484and2470 & stop loss should be placed at 2530 Plan2; If price break 2529-2532 area and stay above 2533 area ,we will place buy orders in gold with target of 2545and2555 & stop loss should be placed at 2520 Trading tips:(Accuracy 90%)Longby karthifx17Updated 13
XAUUSD(Gold)- Resistance Level 2520$ Gold Technical Analysis: From the daily perspective, gold has fluctuated around the 2510 line for nearly 7 trading days in the past, which is the area where the peak of the previous rising Yang line was located. In other words, after a sharp rise, gold has entered a sideways adjustment state. As the high-level consolidation time is prolonged, the market gradually digests the bullish momentum, which increases the risk of retracement adjustment. At present, the daily trend of gold is still oscillating in a high range, and the short-term moving average is flattening, indicating that the current adjustment is mainly based on range fluctuations, rather than a unilateral trend. On the 4-hour chart, the short-term moving average begins to gradually diverge downward, and the K line gradually bears pressure below the short-term moving average, and the trend is slightly weak in the short term. The hourly level shows that after a wave of rapid bottoming rebound, the rebound strength is limited, and the price center of gravity gradually moves downward, suggesting that the European and American sessions may continue to show a volatile correction trend. Today we will focus on the first-line resistance level of 2518-2520. If it breaks upward, the bullish trend is expected to continue; if the price fails to break through this range, it will continue to fall back. On the whole, today's short-term gold operation advice is to mainly go short on rebounds, supplemented by longs on callbacks. The upper side focuses on the resistance range of 2518-2520 in the short term, while the lower side focuses on the support range of 2490-2493.by Aurum_CapitalUpdated 1
XAUUSD GOLD. Can give a downward movement.M pattern is forming in the 1 HR time frame and can give decent downward movement. Also technical indicators are confirming the potential movement in downward direction. Disclaimer: this is just for educational purposes only.Shortby Profitmaker77773
XAU/USD (Gold ) Elliott-wave Road-Map for Price $2997 On the weekly time frame, gold is in 5th wave , Let's count the wave inside the 5th wave on the daily chart. 1st wave: $1609 to $2068. It looked like a springing bounce. 2nd wave: $2068 to $1810. It was a deep correction between 50-60% of wave 1. 3rd wave forecast: 261.8% of wave 1 is @ $2997. Inside the 3rd wave, I have labeled waves in a green color. 5th subwave seems extended. 100% expansion is at 2997 which is 261.8% of wave 1 on a higher degree. #XAUUSD #gold Longby Elliottwave-Edge1112
Trading gold signals 28/8☘️Fundamental Analysis Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates, could support the precious metal as it reduces the opportunity cost of holding non-interest-bearing assets. Investors will pay closer attention to speeches by Fed officials Christopher Waller and Raphael Bostic on Wednesday for some hints on the path of US interest rates. Attention will also turn to preliminary data on US annualised GDP for the second quarter (Q2) and the Personal Consumption Expenditures (PCE) price index, due on Thursday and Friday. Better-than-estimated results could lift the US Dollar (USD) and limit upside in USD-denominated Gold prices. ☘️Technical analysis Gold is retreating from the closing level of 2424, currently gold is approaching the important area of 2509. When breaking this area, lower areas can pay attention to trading in the European session around 2503-2495. Today, the main plan is to wait for buying to break ATH. On the contrary, if the price pushes to 09 and does not break, you can buy in the 09 area. If you cannot break this area in the European session, you can close the order. The candle closes above 2020 after the European session ends, consider finding a recovery point for DCA to buy the target to break ATH. Wish you a successful transaction. SELL scalp zone 2530 - 2532 stoploss 2536 SELL zone 2545 - 2547 stoploss 2551 BUY scalp zone 2496 - 2494 stoploss 2490 BUY zone 2485- 2483 stoploss 2480by TVS-Trader6
GOLD again in BULLISH!as Gold is Tapped in our Demand zone So we Can see Some Long Option around 50-80 pips! use 2 target Method for this Trade! Let's GO! OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD PEPPERSTONE:XAUUSD by Desi_TradingGirl2
XAUUSD 1H SELL PROJECTION Reason for Sell 1. Bearish Rising Wedge Pattern breakout 2. Double Top 3. Breaked Support 4. Bearish Spinning Top in ATHShortby kripsonfx9713
GOLD PROBABLE MOVE|Gold is now in correction move given abc correction coverted it into WXY and now probable to go down below. trade on your on responsiblity. correction is expected downside invalidation point is previous high.Shortby sanjay.prajapat.3114
XAUUSD 8/28/2024 Has the price started a new trend? Looking at H1, we see a completed 5-wave structure followed by a correction structure. Currently, we have 2 possibilities that can happen with the current price structure Case 1, we have a Flat correction structure with peak B equal to peak 5 as shown on the chart. Then we need to wait for the price to complete wave C to be able to trade. In this case, it is confirmed when the price breaks through the 2503.9 zone - Case 2 is that the price has completed the ABC correction wave at the 2503.9 price zone and the price is currently in a 5-wave uptrend structure. If so, we have the current correction wave as correction wave 2 in a new uptrend structure, then we expect the price to break through the 2526.6 zone to create a new higher peak. And this case is confirmed when the price breaks through 2526.6. Combining the possibilities we have the following trading targets. Pay special attention because the current price structure is still unclear, requiring us to manage the transaction closely. SELL ZONE: 2536 - 2539 SL: 2546 TP1: 2527 TP2: 2519 TP3: 2523 BUY ZONE: 2512 - 2509 SL: 2502 TP1: 2519 TP2: 2531 TP3: 2536 BUY ZONE: 2498 - 2495 SL: 2488 TP1: 2509 Tp2: 2519 TP3: 2531Longby DEEKOP0
POSSIBLE GOLD MOVE WITH 1:10 RISK REWARD AT SUPPLY ZONEGOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON ALL THE SETUPS ARE JUST FOR EDUCATIONAL PURPOSE A. Volumes showing buyers are showing intrest . and shock zone going to break 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 youLongby tradergyan0119
XAUUSD(Gold)-Double Top Resistance Today, gold rose again due to risk aversion, but it still failed to break through the new high. It is not advisable to chase more directly at present, and we still have to be careful of the double top falling under pressure. There was still a slight upward movement during the day, breaking through the 2520 line, but the short-term energy was not that strong. There was a brief decline during the U.S. session, and the speed and intensity of the decline accelerated significantly, but it still did not stand above 2520. ! From the 4-hour chart, gold has been rising slowly recently, and then there may be a sharp drop, so we must be cautious about the current market of gold. Gold can be shorted again near 2525 in the US market. If it breaks through the new high, then we will follow the trend. On the whole, today's short-term recommendations for gold are mainly to go short on rebounds, supplemented by longs on callbacks. The top short-term focus will be on the 2525-2530 resistance range, and the bottom short-term focus will be on the 2490-2495 support range.Shortby Aurum_CapitalUpdated 5
BUY XAUUSDIn my opinion, I am looking to buy , which is a strong DEMAND ZONE. It is not advisable to enter without confirmation from a lower TF. Disclaimer:- This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.Longby Knickk4
XAUUSD 30 MIN BUY PROJECTION 27.08.24Reason for Bullish 1. Rising Wedge Pattern 2.Obey Support & Tredline 3. Buying Pressure & Fibo Retracement (0.382) 4.Resistance R as TP1 Longby kripsonfx9713
May be END OF BULLISH!as market had showed ChoCH at 1hr & 4hr, so marked Up the selling Level of short and It had retraced to one of the level and we can Target to last Demand zone! Let's Enjoy! OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD Shortby Desi_TradingGirl1
Gold XAUUSD sell given now at support we can buy here new ATHDisclaimer - 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 hitLongby JaiPrakashShuklaHarmonicTrader1
Gold Trend 26/08Gold price carried forward the upward momentum from the breaking of 2480 in the previous week, hitting a fresh record high of 2531 early last week. But the buying has reversed after the Fed. Meeting minutes were released during the US session on Wednesday. The price fell to the lowest of the week at 2470, and the week ended at 2510. There was no important US economic data last week, and Powell's speech scheduled on Friday has controlled the market's overall movement during the week. Although the final remarks were dovish, the market had already priced in the 0.25% rate cut in September, and in the absence of any new progress failed to stimulate the gold price to rise higher. In the next two weeks until the Fed meeting in mid-September, unless those economic figures during this period can drive the market to speculate on the half-percent interest rate cut in September, the rate-cutting factor will no longer be able to push up the gold price significantly in the short term. This week, pay attention to the US 2Q GDP on Thursday and the PCE price indexes on Friday. 1-hour chart(above)> The upward trend has slowed down to (1.1) after the gold price escaped channel(1). The current S-T resistance is at 2520-30(2). The range bound of 2480-2510 3) can be used as the operating range at the beginning of this week, until the next breakout. Daily Chart(above)> It will be the first sign for gold prices to break upward if it one day closes above 2513 on the daily chart. 2480 is the key support at the downside. Please give me a boost🚀 if you like my work.🙏 P.Toby 1uptick3
We are holding sell trade from Friday sl 2532 Target 2495,2480Disclaimer - 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 hitShortby JaiPrakashShuklaHarmonicTrader1