15 Minutes XauUsd 15 support area. Buy small sl maintain. This is 15 Minutes scalping. Longby Tamiltry0
GOLD NEXT MOVE (trend continuation ) (08-04-2024)Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (08-04-2024) Current price- 2340 "if Price stay above 2321, then next target is 2350 and 2365 and below that 2305. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 4467
Gold price today: Recovery after the storm!Last week, the price of gold fluctuated between $2,300 and $2,360 per ounce until Wednesday. By Thursday, amidst escalating tensions in the Middle East, the upward trend became evident as gold reached a new peak above $2,400 per ounce. The momentum continued into Friday, reaching $2,431.59 per ounce before declining to around $2,355 to end the week. The geopolitical risks seem poised to push the price of gold even higher. The outlook for this week is optimistic: a survey on Wall Street showed that 83% of analysts expect the price of gold to increase, with only 17% predicting a decrease. There is no neutrality in these expectations. An online poll conducted by Main Street reflects this sentiment, with 82% of investors predicting an increase or stable trading for gold. Meanwhile, 66% of surveyed retail traders expect gold to rise. Personally, I believe that gold will continue its upward trajectory, although it may experience some short-term price adjustments along the way!Shortby RKarina24
🔥GOLD TREND ANALYSIS FOR NEXT MONDAYThe gold market experienced a sharp correction ahead of Friday's close. The price retreated significantly from the high of $2,431, eventually settling at $2,343 levels by the end of the trading day. This change is influenced by many factors. On the one hand, the overheating trend of the US Consumer Price Index (CPI) shows that inflationary pressure still exists, which has put certain pressure on market sentiment. On the other hand, the speeches of hawkish officials from the Federal Reserve further strengthened the market's expectations for the trend of the US dollar, pushing the US dollar exchange rate to break through the 106 mark. In addition, the escalation of tensions in the Middle East still poses a threat to the market, and its potential impact cannot be ignored. Overall, the market is highly volatile, and investors should remain cautious and pay close attention to market dynamics. In the short term, the price of gold began to rise continuously after trading sideways near 2380, broke through the high of 2400 during the US trading period, and continued to climb strongly to around 2431. However, unexpectedly, the price of gold fell sharply in the evening, falling by as much as $100. While we know the market may have peaked, it is difficult to determine where the top will be because we cannot accurately assess the market's risk aversion. However, the market peak usually meets three conditions: accelerated rise, accelerated decline and continued decline. This bull market started at 1810, jumped short and opened high, and failed to cover the gap between 1810-1830, and then continued to rise. It dates back to two years ago during the Russo-Ukrainian war. At present, the overall performance of the gold market is that the daily K-line rises and falls, forming a strong downward trend of single Yin, and driving the weekly K-line to form a shooting star, which appears to be very strong. The stochastic indicator changes from a second golden cross to a dead cross. In the short term, you can consider following the daily K-line's dead cross for short positions. However, Friday's sharp decline caught people off guard and could lead to a lower opening or continuation of the decline next Monday. On the 4-hour chart, the third stage of divergence is highlighted. The stochastic indicator has formed a dead cross and is biased toward the short side. The lower track support is near 2318. This is the only long position that can be considered next week. On the whole, the short-term gold operation advice next Monday is mainly to go short on rebounds, supplemented by longs on callbacks. The top should focus on the 2360-2365 resistance range in the short term, and the bottom should focus on the 2318-2315 support range.by JackBlackwellUpdated 34
Monthly bullish megaphone keeps Gold buyers hopefulGold price resumes its upward trajectory within a fortnight-old bullish megaphone chart pattern after a volatile day that initially refreshed an all-time high before posting the biggest daily loss in two months. That said, the XAUUSD’s corrective bounce also takes clues from a rebound in the RSI (14) line. However, bullish MACD signals and cautious mood ahead of the US Retail Sales tests the bullion’s recovery moves. It should be noted that 100% Fibonacci Extension (FE) of the quote’s February-March moves, near the $2,400 threshold, currently lures the buyers. However, the aforementioned megaphone’s top line, close to $2,441 at the latest, will challenge the precious metal’s upside afterward. Following that, the commodity’s run-up toward the $2,500 round figure can’t be ruled out. Meanwhile, the Gold price sellers need a clear downside break of the stated wedge’s bottom line, around $2,336 by the press time. Following that, the 61.8% and 50% FE level will entertain the XAUUSD bears around $2,305 and $2,277 respectively. However, a convergence of the 100-SMA and an upward-sloping support line from February 28, near $2,265, appears a tough nut to crack for the precious metal sellers. In a case where the quote remains weak past $2,265, the odds of witnessing a quick fall toward March’s peaks of around $2,222 and $2,195 appear brighter. Overall, the Gold price lacks upside momentum but the sellers stay off the table beyond $2,265.by MTradingGlobal0
xauusd GOLD, on bullishNext week gold expecting bullish , technically xauusd is bearish, but fundamendally some war issues effect on goldLongby mindmonk114
🔥GOLD TREND ANALYSIS NEXT WEEKGold's price action yesterday was truly astonishing, with a sharp rise followed by a rapid plunge. In yesterday's trading, gold prices hit a high of $2,431 before falling sharply to a minimum of $2,333 and closing there. On the weekly chart, a positive column with a long upper shadow line is finally formed, which is the so-called "shooting star" pattern. Although there have been no major changes in the indicators of each cycle, judging from the current weekly shape, it is not conducive for bulls to rise again. In comparison, the changes on the daily chart are more intuitive. A negative column with a long upper shadow line directly broke through the five-day moving average, the cycle indicators began to turn downward, and the red energy column began to decrease, indicating that the momentum of bullish gains is fading, and phased adjustments may continue. The price of gold fell to a low of $2,333 last night, only more than $30 away from the integer mark of $2,300. Coupled with the initial formation of the technical form, I personally predict that further adjustments may test the $2,300 round number mark again. If it falls below again, there may be some room for extension. On the four-hour chart, gold continues to fall, forming a dark cloud cover pattern and an inverted V reversal, falling below the previous top-to-bottom transition support. Gold may have formed a head and shoulders structure on the four-hour chart, so it would make sense for gold to reverse and then plummet. Next week, you can first be bearish on the rebound of gold. Gold has been blocked in the 2360 area and fell back. Now the right shoulder rebounds above 2360 on the four-hour chart and continues to be bearish. Judging from the hourly chart, the gold price fell directly from the Bollinger Band upper track to the lower track. At the same time, the SAR indicators in the hourly and four-hour charts both turned to highs and diverged downwards. This can be regarded as a peak signal in the short-term cycle. However, in the daily chart, the MA5 moving average support has not fallen below 2332, the daily SAR parabolic extension point is still developing upward, located at the 2325 line, while the daily MA10 moving average support is at 2320, The upper track of the weekly Bollinger Band is supported at the 2300 mark.Therefore, the decline is expected to continue next Monday, but we must also focus on the impact of the war situation in the Middle East!by JackBlackwellUpdated 21
XAUUSD SELL LIMIT |MONDAY OPENING TRADE |14.04.24Reason For Sell 1. Breaked Support 2360 and retesting Monday Morning 2. Overall Sell trend in 4h 3. Obey Tredbline and resistance Overll Possible Outcomes XAUUSD SELL LIMIT 2355-60 SL 2370 TP 1 2330 TP 2 2329by kripsonfx972
GOLD SELL❗❗❗ FOR MONDAY🔴Gold retracemeant is started for the last second impulsive move. I mean for the past one month it gives two impulsive moves. Go for short on Monday ,maybe Asian session will be wild. Learn to trade by yourself.i am not a pro.Shortby tradbooker1
Gold will still riseGold went through a roller coaster trend on Friday. After the price broke through the 2400 integer mark, it did not pull back. Instead, it quickly rose to 2431, and then turned around and fell straight down to around 2334. Most people were caught off guard by this drop. The sudden plunge of nearly $100 is unexplainable from both technical and fundamental perspectives. At present, the conflict between Iran and Israel is becoming more and more intense. Iran is preparing nuclear bombs, the US aircraft carrier battle group has also gone to the Red Sea, and Israel is also ready to respond to Iranian attacks. The outbreak of war is just around the corner, but gold plummeted today, this is very unreasonable. The only explanation is that international capital deliberately shorted gold to make individual investors mistakenly believe that gold will fall. However, if you really short gold, you will soon find that you will be in trouble, because gold will inevitably rise again after a sharp decline. So the best thing to do at the moment is to wait for the opportunity to go long, and don't be fooled by the plummeting gold price. Gold will continue to rise in the future. At present, I predict that gold will rebound and rise in the 2300-2325 range. There is currently no realistic basis for a continued sharp decline, so those who hold long orders can wait.Longby winner-20043362
Trades on simple Support/Resistance using all three sessions 1. Add an indicator named Forex Session by Blackwolf by FXCM 2. Now mark support resistance on the first two session 3. Whenever the price breaks or respects any support resistance take a trade 4. Risk Reward should be 1:2Educationby Aadarshh70
XAUUSD 13.04.24 SELL & BUY PROJECTION Reson For Sell 1.Reached all time High and Seller Pushes to Lower 2. Breaked Support @ 2365 3.Retesting the Breaked Zone Reason For Bullish 1. Obey Trendline $ Support @ 2310-20 2.Fundamendal News and Politics Overall Possible Outcomes XAUUSD SELL 2355-60 SL 2370 TP 2320 XAUUSD BUY 2310-2320 SL 2270 TP 1 2360 TP 2400 TP 3 2430 by kripsonfx970
XAU time to correction next week my bias for xau is bearish to complete fibo level Shortby yyusrizal112
Gold Gold fell from 2.618 level of last swing of 9 to 10 apr H/L. Now If it has to come under selling it may bounce to 0.5 , 0.6 levels of this fall then may continue to fallShortby srajgolikar80
🔥Gold bullish momentum is strongLooking at the gold daily line, yesterday it began to break through the resistance of 2365 at the beginning of the week and reached the important mark of 2400 today, once again proving the fact that gold has not yet reached its top; where is the top currently? There is no basis for reference yet. At present, there is also super pressure on the daily trend line channel near 2400-2403, so be sure to be cautious when chasing long! Personal analysis believes that the current rise in gold is caused by institutions and major players pushing up the price of gold in advance and fleeing their large long positions. When retail investors follow the trend and chase the long positions, gold is at risk of a correction at any time! From a technical point of view, gold is already overbought and divergent. The market price has once again broken through the high point, and the long positive line of the daily line has swallowed up the negative line. This is fully in line with our expectations. Since the beginning of this current uptrend, adjustments have always been part of the upward process, and gold has paved the way for subsequent gains. There has not been a stable major correction recently, so we do not rule out the possibility of a unilateral plunge at any time. However, we should not be too sensitive to every adjustment. The market's trend reversal is not completed by a negative line or a decline, but It requires a long process, so we should always remain vigilant and patiently wait for the opportunity for a correction! On the whole, today's short-term trading strategy for gold recommends mainly going long after the correction, supplemented by shorting after the rebound. The upper short-term focus is on the 2400-2403 resistance range, and the lower short-term focus is on the 2365-2370 support rangeby JackBlackwellUpdated 29
GOLDMonthly Fvg ---> All Time High This is a pure technical analysisLongby muhammediqbal1005Updated 1
Gold will continue to rise after correctionCurrently, central banks around the world are increasing their holdings of gold reserves, and market sentiment has reacted strongly to bullish factors. Even in the face of sharply negative non-agricultural data, CPI data, and hawkish statements from Federal Reserve officials, gold prices have remained strong. This shows that market sentiment has become indifferent to negative factors. As long as there is slightly positive data, it can promote a new round of rebound in gold prices. In such a market environment, operations need to insist on going long with the trend Judging from the 60-minute chart, the current 20-day moving average and the 50-day moving average have once again formed a golden cross shape, and the MACD indicator has once again formed a golden cross and is running above the 0 axis. Therefore, the rise will continue, and the main idea is to go long. However, it is not recommended to buy at high levels. The safest strategy is to go long at support levels. At present, we can pay great attention to the resistance range of 2370-2379. If the price falls back to this range, we can buy. The profit-taking range is expected to be in the 2315-2325 range.Longby winner-2004Updated 50
Gold continues to increase in price dramatically!Hi everybody! Gold just experienced a volatile day yesterday, falling sharply to $2,330 before quickly recovering to $2,392, recording a spectacular increase of $62 in a short time. This strong recovery further reinforces the sustainable appeal of gold in the current context. In a situation where inflation in the US is rising, the Federal Reserve's (Fed) ability to delay monetary policy changes has increased the strength of gold. Gold appears to be not only sustainable but also strong, despite uncertainties from US economic data. Despite the US dollar rising against other currencies and US bond yields staying high, gold still shows resilience. I am still very optimistic about gold's prospects, considering it a safe haven, especially in the context of geopolitical tensions in the Middle East continuing to heat up.Longby RKarinaUpdated 6619
Gold price is approaching the 2400 USD zoneAs the trading week ended, gold showed no signs of slowing down in its recovery, approaching the key $2,400 mark and posting an impressive daily gain of 1.04%, or 240 pips. Gold continues to benefit from strong market support, especially given the ongoing geopolitical tensions in the Middle East, which show no signs of easing. This confirms gold's status as a safe haven asset. In addition, expectations that major central banks will reduce interest rates later this year also contribute to strengthening the value of this precious metal. From a technical analysis perspective, if gold continues on its current trajectory, the next target according to the Fibonacci index is 2465 USD. In addition, the uptrend is also reinforced by the price movement above both EMA 34 and 89, bringing optimistic signals to investors.Longby RKarina1119
gold all time break resistancehey there today we analyse the gold has broke all time high peak and contine rising upside so the gold has moved peak and will reach next support 2450Longby DvsTraderfirm3
perfect target hiti posted a idea tomorrow here is the result for more ideas follow my pageLongby aakbar98881