GOLD NEW MOVE! WHOAA!Here's Gold Becoming Bearish At 1hr So There is Small Chance of selling & Well our Sellling zone is tapped and we can go for Last swing Low of 4hr! BUT BE CAREFUL - 4hr is still bullish! OANDA:XAUUSD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD FX:XAUUSD Shortby Desi_TradingGirl2
XAUUSD 26/8/2024 Will the uptrend continue? Last week we saw a special increase on Friday. - This increase confirmed the completion of the ABC correction wave and the price continued to increase. - Looking at the current uptrend, we see a structure of short candles with weak momentum. So this could be a big wave 1 in the uptrend structure. Looking at the bullish wave structure, we see that there are 5 black waves - Currently, I am leaning towards the black ABC correction structure - Looking at the chart, we see that the black wave A has been completed and the price is currently completing the black wave B - The target for completing the black wave C is I predict at the price range of 2500 - 2497 or the price range of 2489 - 2486, this will be my BUY target - Above, we see that there is still a very strong supply zone at the price range of 2531 - 2534, this is the old peak, so if the price wants to surpass the old peak, it needs to absorb all of this supply. So I will set the SELL target down here Trading plan: SELL ZONE: 2531 - 2534 SL: 2541 TP1: 2519 TP2: 2509 TP3: 2500 BUY ZONE: 2500 - 2407 SL: 2400 TP1: 2509 TP2: 2519 TP3: 2530 BUY ZONE: 2489 - 2486 SL: 2479 TP1: 2499 TP2: 2509 Tp3: 2530Longby DEEKOP4
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 OPENby TradingGuruTop7
Gold (XAUUSD) Weekly Technical Chart Analysis 26-30 Aug., 24📈 Gold (XAUUSD) Technical Chart Analysis 📊 Range Trigger Point: 2512.50 📉 Weekly Range: 60.91 📅 Level Type: Weekly 📅 Valid For: 26 Aug to 30 Aug, 2024 📈 Buy Above: 2508.50 💼 Average Position: 2501.31 🎯 Buy Target 1: 2550.14 🎯 Buy Target 2: 2573.41 🛑 Stoploss: 2488.20 📉 Sale Below: 2494.12 🎯 Sale Target 1: 2474.84 🎯 Sale Target 2: 2451.57 🛑 Stoploss: 2514.42 ✨ Follow and engage for more insightful updates. Your engagement fuels our dedication to providing top-notch content! 🚀❤️ #Gold #XAUUSD #Commodities #Trading #TechnicalAnalysis #StockMarket #Investment #TradingTips #MarketAnalysisby NumroTrader2
XAUUSD(Gold)- Trend Analysis For Next Monday Gold rose rapidly to around 2518 during the US trading session on Friday due to risk aversion, but the overall one-hour trend showed that although the rebound was strong, the gold price has not really turned to long. The most intuitive signal is that gold prices failed to effectively break through the 2520 line and the historical high of 2531, indicating that there is still strong resistance above. To form a complete downward trend, the gold price must first fall below the previous round of lows of 2470. This is not only a test of the continuity of short orders, but also a test of firm bearish beliefs. From a technical perspective, gold prices encountered resistance at 2518 after rising on Friday. The operation strategy for next week is still based on this point and short selling based on this resistance. The short-term decline is only the beginning of this round of short selling. The medium-term target is 2480-2470, and it may even go further down. At this stage, patience is particularly important. Staying calm and rational is the key to the success of mid-line short sellers. In summary, the short-term operation suggestion for gold next Monday is still to focus on rebound shorting, supplemented by callback longs. The upper side needs to focus on the resistance range of 2518-2520, and the lower side needs to focus on the support area of 2485-2470.Shortby Aurum_CapitalUpdated 33
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. Shortby okako_trading3
XAUUSD WEEKLY SELL PROJECTION 25.08.24Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on goldLongby kripsonfx974
XAUUSD LONGDescription: 🚀 Long on Gold: Strategic Entry from 4-Hour FVG 🚀 Hello traders! I’m taking a long position on gold, targeting a significant move up. My entry is strategically placed at a 4-hour Fair Value Gap (FVG), which could act as a strong launchpad for this trade. 📈 🔍 Why This Entry? Technical Analysis: Gold has recently formed a 4-hour FVG between 2507 and 2501, creating an ideal entry point for a long position. This gap signifies a potential imbalance in the market, with buyers likely to step in and drive prices higher. Fundamental Analysis: With ongoing economic uncertainties and inflation concerns, gold remains a go-to safe-haven asset. This adds additional confidence to the bullish technical setup. Risk/Reward Ratio: Manage your risks 1:3 🔥 Join the Journey! Follow me for more detailed trading strategies and real-time setups! I’ll keep you updated on this gold trade and others as they develop. Let’s make the most of these market opportunities together! 💪 💬 What’s Your Take? How do you see this gold trade playing out? Let’s discuss in the comments! Longby absidheeqm942
XAUUSD 26/08/2024 PLANBUY at 2507 TARGET 2520 STOP LOSS 2502 With proper analysis Longby Speed_kills14
Gold XAUUSD sell on rise SL 2532 ATH Target 2480, 2445, 2420Disclaimer - 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 (XAU/USD) View For 26-08-2024Gold - Gold has a bullish structure. Expecting it to continue it's up move now. It may test the Demand zone ( 2417.403 -2378.597 ) and then move up.Longby Pranav_DocStocks8
Weekly XAU (08/26 - 08/30)Daily live trade with XAU in H1 This is my plan. My Strategy is Reversal or Pull Back method. Win rate 65-70%. R:R around 1:3 Trading is risky, so follow capital management and follow stoploss.by nguyenvietnamkhanh2
XAUUSD(Gold)- Short Below 2520$ Today, Fed Chairman Powell delivered an important speech, which led to a rise in risk aversion and pushed gold prices up in the short term. However, gold prices still failed to effectively break through the 2520 pressure platform, and the momentum of the short-term rebound failed to continue. At present, the gold price is still running below 2520. We maintain a bearish view and will only adjust our thinking when the gold price breaks through 2520 substantially. Next, we will continue to arrange short orders based on the 2520 line, and the short-term target is around 2485. Considering that there is still a large resistance above 2517, it is not recommended to chase the rise for the time being. Before the upper resistance is effectively broken, the gold price may fall back at any time. The bullish trend has come to an end for the time being, and the rebound in the US market in the evening is still dominated by short selling.Shortby Aurum_Capital2
Gold to continue the Bullishness As mentioned in previous Analysis, support taken from 2370 If Gold sustains above 2450 2500 Short term 2700 could be tested Longer term 3000 could be tested Rationale: Support taken from 1. Fib 0.23 retracement of the rally from 1986 to 2450 2. DEMA 50 Bullish Flag BreakoutLongby DrAnandM3317
Be ready for volitilty, fall expected after power speach 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 JaiPrakashShuklaHarmonicTrader3
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. by NaviPips2
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. Disclaimer:- This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.Longby Knickk4
TP HIT ON GOLDAs I discussed in my last analysis, I have predicted that gold will move 100 pips and reach my TP1 level soon. I am now expecting gold to retest then show further growth. I am expecting gold to reach my TP2 level soon. It is hard to predict where gold will go next, but I am confident that it will continue to move upwards. I will keep you updated on my analysis.Longby Knickk1
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 by Mysterious11934414
XAUSD looking good for sell on riseGold Analysis For Upcoming Days continue upside Rally Now Indicated more correction Longby simpletrader98631
GOLD // XAUUSD // coming weeks, READY FOR MAJOR RALLY "🌟 Gold Rally Ahead After the Dip! 🚀✨" The chart reflects a bearish market structure with lower highs and lower lows, signaling a potential decline in the price of Gold (XAU/USD). The yellow highlight indicates a predicted move towards the 2,356.627 level, where the price might find support. The analysis uses order blocks, cluster analysis, and price action to project this movement, and traders might look for confirmation through further signals or breaks of key levels. "As September’s leaves gracefully descend, gold emerges to brilliantly ascend. 🍂✨ After the calm of autumn’s close, a radiant rally swiftly grows. 🌟💰" "📉 Correction Complete, Get Ready for the Gold Rush! 🌟💰 Wake me up when September ends. 🍂⏰"by zuluoscar656