XAUUSD rising wedge patternXAUUSD in rising wedge pattern with A-B-C corrective pattern of which wave B resisted near golden ratio 0.618 and showing weakness.. breaking down from the wedge will bring more weakness towards 2500-2495 Disclaimer : study is only for educational purposeShortby MDstockmagic2
Gold sell on rise , we will see 2456 in few days Avoid any buy 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 JaiPrakashShuklaHarmonicTrader227
XAUUSD Short term Sell HEY GUYS , My strategies have triggered for Gold sell , TP 1 :2497 TP 2 : 2480Shortby JORTOW4414
TP1 HIT ON GOLD As I discussed in my last analysis, I have predicted that gold will move 90 pips and reach my TP1 level Longby Knickk3
GOLD Ny sessionThis is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low. When entry is activated SL will be below or above the 30 minute candle.by Ajo_madakassery7
#XAUUSD/H1 Adjustment rhythm creates momentum, surpassing peaks.Analysis of XAUUSD gold trading trends for the European-American session on September 10, 2024: As noted on September 9, 2024, gold prices have increased at the beginning of the week. However, the upward momentum does not appear strong; a deeper correction is needed to build momentum for a breakout. Current expectations may target the 246x or 247x area. Today's trading trend: SELL. Key price levels to watch: SELL zone: 2511 - 2513 and 2518 - 2522. BUY zone: 2498 - 2501 and 2482 - 2486. Recommended orders: Plan 1: SELL XAUUSD zone 2511 - 2513 SL 2516 TP 2508 - 2500 - 2490 - 2475. Plan 2: SELL XAUUSD zone 2519 - 2521 SL 2524 TP 2516 - 2510 - 2500 - 2475. Plan 3: BUY XAUUSD zone 2471 - 2473 SL 2468 TP 2476 - 2485 - 2495 - 2565 - open.Shortby oakpotshy36
BUY XAUUSDA strong DEMAND ZONE exists at price 2501.946, so I took a buy position at this price.I waited for the right price action before entering. The price action matched my predictions and I was rewarded for my patience. Disclaimer:- This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.Longby Knickk4
XAUUSD 1H BUY PROJECTION Reason for Bullish Interest 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. Surge in Gold Prices The price of gold has surged over 10% since the start of the year, cementing its status as a preferred hedge against inflation and a sanctuary amid political and economic uncertainty. This significant uptick is largely due to considerable purchases by central banks and a rising demand for safe-haven assets. Gold and Silver Prices Today As of April 5th, 2024, the precious metals market has observed noteworthy movements. Gold prices have reached new highs, driven by global trends and market dynamics, reflecting the continuous appeal of gold as an investment. U.S. Economic Outlook Recent data indicates a slowdown in the growth of the U.S. services industry for March, with a concurrent reduction in the prices businesses pay for inputs, hitting a four-year low. These developments suggest a potentially favorable outlook for inflation, influencing investment decisions and monetary policy.Longby kripsonfx971
XAUUSD 1H SELL PROJECTION 10.09.24Reason for Bearish Gold prices have continued to hit fresh highs in 2024 due to a wide range of factors — from escalating geopolitical risks and the interest rate outlook to budget deficit concerns, inflation hedging and central bank buying. Gold’s blistering rally this year was partly fueled by expectations the Federal Reserve (Fed) would cut interest rates as many as three times in 2024, as stubborn inflation started to ease. But current projections suggest only one rate cut is penciled in for the remainder of 2024. Traditionally, a weaker U.S. dollar and lower U.S. interest rates increase the appeal of non-yielding bullion. But a significant decoupling started to emerge in early 2022 and gold’s relationship with U.S. real yields has broken down even further this year. “Gold’s resurgence has come earlier than expected, as it further decouples from real yields. We have been structurally bullish gold since the fourth quarter of 2022 and with gold prices surging past $2,400 in April, the rally has come earlier and has been much sharper than expected. It has been especially surprising given that it has coincided with Fed rate cuts being priced out and U.S. real yields moving higher due to stronger labor and inflation data in the U.S,” said Gregory Shearer, Head of Base and Precious Metals Strategy at J.P. Morgan.Shortby kripsonfx9711
XAUUSD View!!The recent disinversion of the closely watched two-year, 10-year Treasury yield curve is a sign that an economic downturn is getting closer, a signal that investors shouldn’t dismiss on the belief that things are different this time, according to JPMorgan. “While inverting the curve sends a warning ~2y in advance of bad times, disinversion has been a more urgent signal, suggesting trouble is only a few months away,” JPMorgan analysts Thomas Salopek and Maggie Zhong said in a recent report.Shortby FXBANkthe80550
xauusd downside possible quick 2496 to 2482 and morexauusd sell below only 2496 stoploss 2505 Tp1.....2490 tp2.....2482 Tp3 risk 2464 this level only for education purpose onlyShortby shankar7tamilUpdated 3
Selling Of GOLD!As Gold is Bearish Mode As well as It is tapped in our Selling Level, We Can have some Short Position In 2postion ! OANDA:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD FX:XAUUSD Shortby Desi_TradingGirl0
XAUUSD 15M ASCENDING TRIANGLE BUY PROJECTION 09.09.24Reason for Bullish Key Takeaways The trendlines of a triangle need to run along at least two swing highs and two swing lows. Ascending triangles are considered a continuation pattern, as the price will typically break out of the triangle in the price direction prevailing before the triangle, although this won't always occur. A breakout in any direction is noteworthy. A long trade is taken if the price breaks above the top of the pattern. A short trade is taken if the price breaks below the lower trendline. A stop loss is typically placed just outside the pattern on the opposite side from the breakout. A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.Longby kripsonfx972
XAUUSD DowntrendIntro Gold Gold price hangs near daily low amid modest USD strength, cautious market mood lends support. Gold price drifts lower for the second straight day amid reduced bets for a larger rate cut by the Fed. An uptick in the US bond yields underpins the USD and further contributes to the intraday downfall. Worries about an economic downturn in the US and geopolitical tensions should limit further losses. Price Tag Sell Gold Near $2505-$2509 SL 2513 TP $2496 >>>>>>>>>$2490>>>>>>$2480Shortby AngelScalping2
XAUUSD London session expected movement This is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low. When entry is activated SL will be below or above the 30 minute candle.by Ajo_madakassery3
Gold Trend 09/09Spot gold price has remained sideway in the past 2 weeks, with both the PCE price index and US employment data failing to bring new momentum to the market. The OI data from CME's gold futures has stayed at around 510k for a while now, showing no significant changes in the numbers of long/short positions. This week’s focus is on Wednesday’s U.S. inflation data, no matter if it is good or bad, the market reaction should be like those major figures released previously. A week from the US interest rate meeting, it's not easy for gold to escape the current range without any new stimulus. The market should give us more chances this week to take advantage of the sideways market. Just need to be cautious towards the end of this week, when the market may start to price-in further the US Fed. cut next week, leading to an early breakthrough. 1-hr chart > Continue to operate in the 2480-2520(1) range until the price escape. Daily chart > The uptrend channel (2) is still dominating the gold market in M-T. S-T range remains in 2480-2530(3). If the price falls below 2480 before/after the Fed. meeting, a major consolidation will begin. a Please support with a like 🚀 and comment if you find it useful. P.To by 1uptick1
Latest gold analysis☘️Fundamental Analysis Gold prices witnessed an intraday reversal from an all-time high and fell below the psychological $2,500 level after the release of key US monthly employment data on Friday. The mixed US employment report reduced the chances of the Federal Reserve (Fed) cutting interest rates by 50 basis points, which prompted some cover in the US dollar (USD) prices and weighed on the precious metal. That said, concerns about a US recession dampened investors’ appetite for riskier assets and acted as a driver for safe-haven Gold prices. Additionally, the lack of progress in ceasefire talks between Israel and Hamas became another factor supporting XAU/USD during the Asian session on Monday. This warrants caution for bearish traders amid the prospect of an impending Fed rate cut cycle. ☘️Technical Analysis Gold is below the 2500 round port level, in fact this port area is no longer strong enough to push gold prices lower. The area of interest in today's European session is around the 2507 Fibonacci 0.5 retracement zone and the 2512 Fibonacci final extension zone. These are two areas of interest for a SELL plan. When 2512 is broken, the downtrend on Friday is reversed. The main candle h4 is broken and ATH comes early this week, the expected level is 255x. The 2331 area is no longer valuable when gold pushes up. The opposite direction is the 2470-2460 2433 area playing an important support role. 🌸Trading signal SELL zone 2505 - 2507 Stoploss 2511 BUY zone 2484 - 2482 Stoploss 2479 BUY zone 2473 - 2471. Stoploss 2467by TVS-Trader3
XAUUSD/GOLD 30M BUY PROJECTION 09.09.24nternally, factors such as domestic demand, currency exchange rates, and government policies play a significant role in shaping gold's trajectory. For instance, a surge in demand for gold during cultural festivities or a weakening domestic currency can propel prices upwardsLongby kripsonfx970
9th September GOLD PREDICTIONAfter the Nonfarm News released, GOLD didnt break the last ATH, and now its on Down trend. We can look for SELL positions at 2507-2509 or 2512-2514 to follow the trend. My plan for Gold : SELL 2511-2514 SL 2516 TP1 2504 TP2 2501 TP3 2498 TP4 OPENby TradingGuruTop4
XAUUSD MULTI TIME FRAME ANALYSISHello 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 price action 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. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading24
Gold next week sell on rise 2510 sl Target 2456 99% then,2436 ,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 JaiPrakashShuklaHarmonicTrader9
Gold (XAUUSD) Weekly Technical Chart Analysis 09-13 Sept., 24📈 Gold (XAUUSD) Weekly Technical Chart Analysis 📅 Date: 09-13 Sept., 2024 📊 Range Trigger Point: 2497.57 📉 Weekly Range: 57.38 🟢 Buy Above: 2507.38 💼 Average Position: 2500.61 🎯 Buy Target 1: 2533.03 🎯 Buy Target 2: 2554.95 🔵 Stoploss: 2488.25 🔴 Sell Below: 2493.84 🎯 Sell Target 1: 2462.10 🎯 Sell Target 2: 2440.18 🔵 Stoploss: 2512.97 ✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ #Gold #GoldTrading #XAUUSD #CommodityMarket #TradingSignals #TradingTips #TechnicalAnalysisby NumroTrader3
Gold for the week starting 9th September 2024Gold is on the downward trend in 1,2,3,4 hr time frame, but on uptrend in day time frame. Seems to be in consolidation mode between 2460 & 2530. Break on either side will give 100 points. Buy if one hour candle closes ABOVE 2511 for a target of 2522 to 2525 Sell around 2500 to 2505 for a target of 2465 to 2460. Disclaimer: This is my own view and is only for educational purpose. please do your analysis before taking any position. by ramkkyy1