XAUUSD 1H BUY PROJECTION 22.07.24Gold 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.Longby kripsonfx97Published 0
Xauusd in 15 min chart looking for this breakout buyGold currently running in parallel uptrend channel and looking breakout buy above the yellow trendline. As US political uncertainty lead to manage Gold upside retracement, also there is strong support of 2494-95. For short it must has to break 2390.Longby Jass_fxoverseasPublished 3
XAUUSD/GOLD WEEEKLY ANALYSIS 22.07.24The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on goldLongby kripsonfx97Published 222
Gold Trend 22/07Entering a consolidation cycle after gold failed to stay above 2450 after the breakout. Gold price broke through the previous historical high of 2450(1) early last week on Tuesday, triggering a round of buying and rising to a weekly high of 2483 within 24 hours. However, the upward momentum failed to carry on at a high level. According to the market data from CME, gold futures showed significant new short positions entering the market on Wednesday. Short-selling accelerated after the U.S. released manufacturing data on Thursday, when the price fell below the key support of 2450(2), and the market closed near 2400 before the weekend. After the false break above 2450, it will be hard for gold to return back above 2450 in the near term without any consolidation. This week, focus on Thursday and Friday's U.S. GDP and the core inflation data. 1-hr chart > Gold price supports the previous week's low of 2390-2400. Before the next move, take advantage of the 2391-2440(3) range early this week. If the gold price breaks below 2385(4), the downside target will be 2350(5). Daily chart > The decline in gold prices is accelerating, with a single-day drop of more than $40 on Friday. The short-term support is at 2400(7), and the lower target can grasp the 20-day moving average. Weekly chart > Gold prices are on a L-T upward trend that originated from 2018. Last week's peak has created a reversal signal on the chart (10). The target below can now be aimed at the bottom of the range 2300 (11). If you like my work, please give me a thumbs up 👍. Feel free to leave a comment; share your thoughts 🤟. P.ToShortby 1uptickPublished 2
A false breakout As we can there is a false breakout and in the selling zone sellers are active now sma 50 indicates selling as well as Sma 200 in 30 minutes 1 hr time frame. there will be increase in the trading volume zoonShortby harshINDtradessssUpdated 442
short position Retracement done breakout done following trend line. No news coming which can push gold.Shortby harshINDtradessssUpdated 334
1:1 risk reward setupbetter take a small lot entry here as it losses momentum and its in sell zoneShortby harshINDtradessssUpdated 1
A big fall signgold can drop massively it is currently moving between 2317 and 2337 breakout of this range can. maybe we can see a big moment this week.Shortby harshINDtradessssUpdated 442
Bounce back zone As per the feb retracement the gold is likely to bounce back from this point . as we can also see an uptrend line . previously gold also bounce back from this point. i hope you like my idea. but i think before going up directly it will stay in range for a while . Longby harshINDtradessssUpdated 448
data releasedas data is much more similar to the forecast data now the users are likely to sell in this zone as we saw previously Shortby harshINDtradessssUpdated 3
bouncy gold can bounce back a little bit from this as the bear's power is decreasing and we can see that it bounced in the past.Longby harshINDtradessssUpdated 0
ATHcurrently gold is at an all-time high It is good to have a sell position at this position stoic says that it's in an overbought zone.If DXY holds steady or moves up, the chances of going gold down may increase. Buying volume is decreasing which is a good sign . we can see a 30-minute fvg, which will be our stop loss.Shortby harshINDtradessssUpdated 224
Bears are in power breakout againas we can see bears are in power now and with low volume market is going down. and its a breakout again just like the previous oneShortby harshINDtradessssUpdated 224
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_tradingPublished 0
Gold at $2400: Outlook for the Week Ahead Gold recorded new all time high at $2483 and faced strong headwinds to fell significant $90 from high to test $2393 before settling at $2400 Breaching $2393 calls for extended correction to $2388-$2383 while 4 hour time frame chart shows 8 continuous bearish candles indicating oversold conditions calling for interim rebound towards $2413-$2426-$2440 while $2440 may be considered as turning point for further upside towards $2450 Note: Immediate trend remains bearish as long as resistance $2440 is not cleared with day close above the zone. Disclaimer: This is author's own observation based on price action and in no way means trading recommendation. by SunilKumarDixitSKChartingPublished 4
XAUUSD NEXT WEEKXAUUSD NEXT WEEK ANALYSIS ON 4H GOLD fall with no pullback or retracement so we will wait for proper pullback to level 2425-2430 and after confirmation we will short for level 2380-2375. Other side view is if gold breaks 2437 then we will see level again 2470 or new high.by AbhinavFXPublished 4
IT'S Clear Down!!Its clear down, but if market touch red line its going for long and if market touch white line its going short. then my strong opinion is clear down fall!!. then if you like my analysis just follow me i will guide you. initially i made lot of mistake but now a day i am strong in gold (xauusd)Shortby Bniv-TraderPublished 0
XAUUSDBUY the gold as the technical are supporting but the fundamentals are opposite if the last support break i will go for good correctionLongby shivchowdharyPublished 1
XAUUSD 2Hr TF view!Yellow metal ends lower for the week Gold futures dropped by more than 2% on Friday to post their first weekly loss in a month in what some analysts see as a "typical" pullback in the wake of the metal's rise to record highs earlier this week. While gold's decline "seems harsh, it's fairly typical behavior for a market that's being driven...largely by Western investor speculation," Brien Lundin, editor of Gold Newsletter, told MarketWatch.Shortby FXBANkthe8055Published 3
XAUUSD 4Hr View!Yellow metal ends lower for the week Gold futures dropped by more than 2% on Friday to post their first weekly loss in a month in what some analysts see as a "typical" pullback in the wake of the metal's rise to record highs earlier this week. While gold's decline "seems harsh, it's fairly typical behavior for a market that's being driven...largely by Western investor speculation," Brien Lundin, editor of Gold Newsletter, told MarketWatch.Longby FXBANkthe8055Published 2
Gold XAUUSD There are 2 areas for selling, there is bearishness in Gold HTF. We will predict downward trend only. It will definitely be bullish for the short term Shortby imtiyazhakeem335Published 1
Gold Monday sell below recent low bounce can come to 2420 near Monday Gold sell below Friday low bounce can come to 2420 near then again fall will come sell again if maje bearish candle at 2420 near 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 JaiPrakashShuklaHarmonicTraderPublished 1
Will bears take this down more? The increased sell volume and fading bullish momentum, combined with the weekly close as a shooting star, suggest a potential trend reversal. It is advisable to wait for the next week's close for confirmation. The 2370 level will serve as strong support, but Gold must first break below 2395. Exercise caution, as this market is highly volatile and driven by mixed emotions.by sparkrlightPublished 337