can this happen ?What I believe is before this to happen ie all say gold to sky rocket high, i believe that gold will trash down drastically around 40$ from current high ! lets see can this happen ?Shortby IncredibleAnalyst5525
#GOLD XAUUSD Analysis on(16/09/2024)#XAUUSD UPDATEDE Current price - 2585 If price stay above 2572,then next target 2595,2610 and below that 2550 Plan1;If price break 2580-2585 area,and stay above 2585,we will place buy order in gold with target of 2596 and 2610 & stop loss should be placed at 2572 Plan2;If price break 2570-2565 area,and stay below 2565,we will place sell order in gold with target of 2550 and 2530 & stop loss should be placed at 2580 Trading tips:(Accuracy 85%) by karthifx1751
#GOLD XAUUSD Analysis on(17/09/2024)#XAUUSD UPDATEDE Current price - 2585 If price stay below 2600,then next target 2570,2550 and above that 2618 Plan1;If price break 2585-2590area,and stay below 2580,we will place sell order in gold with target of 2565 and 2555 & stop loss should be placed at 2600 Plan2;If price break 2595-2560area,and above 2600,we will place buy order in gold with target of 2610 and 2618 & stop loss should be placed at 2590 Trading tips:(Accuracy 85%)by karthifx17Updated 38
#GOLD XAUUSD Analysis on(18/09/2024)#XAUUSD UPDATEDE Current price - 2568 If price stay above 2552,then next target 2580,2600 and below that 2530 Plan1;If price braak 2565-2560 area,and stay above 2565,we will place buy order in gold with target of 2580 and 2600 & stop loss should be placed at 2552 Plan2:If price break 2550-2545 area,and stay below 2545,we will place sell order in gold with target of 2530 and 2510 & stop loss should be placed at 2560 Trading tips:(Accuracy 85%)by karthifx17Updated 37
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.Shortby kripsonfx971128
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?Shortby kripsonfx972239
Fed Cuts Interest Rates, Gold Expected to SurgeHello everyone, I’m Alisa. Today, let’s update you on the latest information about gold prices! After the U.S. Federal Reserve decided to cut rates by half a percentage point on September 19th, gold prices reversed and surged significantly. According to the 4-hour chart, gold is currently fluctuating around $2,590. The outlook leans towards a continued strong increase, aiming for levels above $2,600. Overall, after the Fed's move combined with news of the U.S. experiencing trade and budget deficits, we can expect more rate cuts in the future. The U.S. dollar will likely decline, creating favorable conditions for gold to rise further. Therefore, I believe we can sell gold today. What about you? What are your thoughts on gold prices today?by Alisa_Rokosz118
Gold is About to Explode In 5 min chart frame There is a OrderBlock formation in Xauusd @2565.273-2563.771 , There is a Possibility That Gold Can mitigate this OrderBlock and can Go Upto 2600 level . So be Careful On Monday London Session by st29570119
XAUUSD** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy are met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!Longby Dhanasekar728
XAU 1709 Long. Candle confirmedCandle confirmed at the reaction zone. TP at otherline. The ChartistLongby TheChartist_Code2trade337
TODAY'S DUMP XAUUSD SIGNALLevel 1 » 2580-2585 SL 2593 (Trade till 2591) Level 2 » 2598-2603 SL 2613 (Trade till 2611) Level 3 » 2618-2625 SL 2633 (Trade till 2631) TP » 2568|2575 Reason for SELL? TODAY'S SURPRISING UP SIDE US RETAIL SALES DATA, GOD WILLINGShortby forextrade119Updated 224
#GOLD XAUUSD Analysis on(20/09/2024)#XAUUSD UPDATEDE Current price - 2607 If price stay below 2618,then next target 2580,2550 and above that 2618 Plan;If price break 2607-2612 area,and stay below 2600,we will place sell order in gold with target of 2580 and 2550 & stop loss should be placed at 2618by karthifx17224
Gold correction on the wayGold may be rapidly retest its level of 2532. So my suggestion is not to make long positions wait for dipby forsakenMind13934114
SELL AND BUY ON GOLDIn my opinion, I am looking to both selling and buying , which are strong SUPPLY AND DEMAND ZONE. It is possible that there is a sell opportunity psychological level at 2600. We should wait for confirmation before entering. If the confirmation is negative, then we should exit the trade. If the confirmation is positive, then we can enter the trade.. It is not advisable to enter without confirmation from a lower TF.by Knickk29
Gold Support and Resistance LevelsGold Market Analysis Key Support Level: 2480 Current Bias: Bullish Change in Bias: The market remains bullish while the price is above the 2480 level. If the price breaks and sustains below this support, the bias would shift to bearish. Immediate Resistance Level: 2530 Current Price Action: Monitor the price behavior around this level. If gold approaches 2530, watch for potential resistance. A breakout above this resistance could suggest further upside potential. Upside Targets: 2580 2600 Immediate Support Level: 2480 Observation: If gold breaks above 2530, the next resistance levels to watch are 2580 and 2600. These targets are based on the continuation of the bullish trend if the price maintains momentum. Downside Targets: 2450 2430 Observation: If the price falls below the key support level of 2480 and sustains below it, the bearish outlook would suggest targets at 2450 and 2430. These levels represent potential areas of further support. Volatility Considerations: Sustained Moves: Pay attention to price action and volume around these key levels. A strong, sustained move below 2480, combined with increased volatility, would reinforce the bearish outlook and target the lower levels mentioned. Summary: Bullish Scenario: While above 2480, gold is in a bullish phase with potential upside targets of 2580 and 2600. Bearish Scenario: A break below 2480 would shift the view to bearish, with targets at 2450 and 2430. Keep an eye on price behavior around these key levels to refine your strategy and make informed trading decisions. by rakeshreddymUpdated 32
BUY GOLDIn 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.Longby Knickk229
Gold price continues to set a new recordHello everyone, starting the new week of gold returning to the race to increase prices with an increase of more than 50 pips and trading at $ 2586. Accordingly, Gold is approaching the psychological level at $ 2600 and continues to go on the path of confirming new records. Technically when using Fibonacci to measure the increase of gold waves, I realized that this metal has completed the goal target at the 1st landmark and towards the second column (Fibonacci 2,618), which costs about 2612 USD. In terms of prospects of the week and the coming time: In 13 Wall Street analysts, 8 experts (62%) predicted this quarterly metal this week. The other three (23%) thought the price dropped and the other two experts (15%) predicted to pass. At an online poll with 189 individual investors, the optimistic ratio was approximately, with 57% expecting the price of gold to go up. Meanwhile, the price forecasting rate is reduced and constant 25% and 18% respectively.Longby Pukaaa46
GOLD trade MTF setup active now 19-09-2024 18:22 IST1,2,3 MARKET FLOW D1 CS/ H4 structure SELL (1), H4 CS/H1 structure SELL (2), H1 CS/ M15 structure SELL (3) This 1,2,3 set the Daily sell ready. target next daily until you see 1,2,3 again. Let's catch and win together, setup invalid if H1 (2) is broken by opposite candle.Shortby gameguru840Updated 226
Gold Road-Map for 2615MArket price @ 2562.500 I am expecting if this is the 3rd wave in smaller time frame , we may see move towards 2615 as shown in chart for SL of 2559. #XAUUSD #gold Longby Elliottwave-Edge333
xauusd analysis onlypull back wait for high broken pure price action will come short, buy, profit booking gold is geo wait real action . recent price can easily prediction. long term price can not be predict. they have too many strategies! ltf vs htf'. hint ; inside candle high low protect if if??Longby Tradejackify331
BUY GOLDIn 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.Longby KnickkUpdated 8
XAUUSD 19/9/2024 Downtrend is over? Looking at H1 we see that after the FOMC news we witnessed a strong price increase creating ATH at the 2600 area. Then there was a strong decrease to the 2547 area - So wave 5 has completed as expected my target. now we expect an ABC correction - Looking at the chart we see a strong decline suggesting a completed wave A, this strong decline also shows us that wave A has a 5-wave structure so this correction we expect a correction according to the ABC Zigzac correction structure - The target of wave B I expect at the 2580 - 2583 zone or the 2579 - 2600 zone this is our SELL target - After completing the target of wave B the price continues to decrease to complete wave C I expect the target to complete wave C at the price zone of 2528 - 2525 this will be our BUY target - We also have a strong support zone at the price zone of 2451 - 2448 this will be our BUY scalp zone Trading plan SELL ZONE 2580 - 2583 SL: 2590 TP1: 2570 TP2: 2562 TP3: 2551 SELL ZONE: 2597 - 2600 SL: 2607 TP1: 2590 TP2: 2579 TP3: 2562 BUY ZONE: 2551 - 2448 SL: 2561 TP1: 2562 TP2: 2570 TP3: 2579 BUY ZONE: 2528 - 2525 TP1: 2541 TP2: 2551 TP3: 2562Shortby DEEKOP10
Gold price continues the new peak detectorGold price increased sharply at the end of the 6th session, peaking at $ 2578 before slight adjustments. USD weakened and reduced bond yields have supported new record gold. The market is increasingly expecting a strong move from the Fed, pushing the USD to the lowest level this year. Technically, gold broke the $ 2525 resistance and was gently adjusted to confirm the new peak. Gold also needs to check the EMA 34, 89, so it is likely to adjust short -term decreases before the trend of increasing continues.Longby Pukaaa20