TP HIT ON GOLDAs I discussed in my last analysis, I have predicted that gold will move 180 pips and reach my Target.Longby Knickk3
BTC AND GOLD PRICE ACTION ANALYSIS (HINDI0Explore the latest price action for Bitcoin and Gold! We analyze key patterns, support levels, and market signals to enhance your trading strategy. Don’t miss these actionable insights! #Bitcoin #Gold #PriceAction #TradingStrategy #Crypto #Investing #MarketAnalysis05:50by Alzubair_fx4
GOLD // Level // 1H"Welcome to SkyTradingZone " Hello Everyone 👋 GOLD Level 1H Challenge: Task: Complete a complex, high-stakes task within a 1-hour timeframe that requires strategic thinking, problem-solving, and decision-making skills. Tasks may include: Developing a comprehensive business plan or strategy Solving complex puzzles or brain teasers Resolving a high-pressure crisis or emergency situation Completing a series of challenging logic or reasoning exercises Tips to succeed in the GOLD Level 1H Challenge: Stay focused and composed: With only 1 hour to complete the task, it's essential to stay focused and composed under pressure. Prioritize tasks: Identify the most critical tasks and focus on completing them first. Think critically: The GOLD Level 1H Challenge requires strategic thinking and problem-solving skills. Take your time to analyze the situation and develop a plan. Practice time management: The time constraint is crucial in this challenge. Practice managing your time effectively to stay on track.Longby SkyTradingZone2
xauusd trying to Take a Hook has recently hit an all-time high, signaling a potential reversal or correction phase in the market. With the price reaching extreme levels, there may be a significant opportunity for sellers to capitalize on profit-taking and increased selling pressure. Traders may anticipate a decline as market sentiment shifts from bullish to bearish, especially if key resistance levels hold. Monitoring technical indicators such as RSI, MACD, and key support zones could be critical in identifying the ideal sell entry points. Consider risk management strategies and market fundamentals before placing your trade."Shortby Sefinsha4
#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 39
Continuation with yesterdays view on GOldAs quoted yester day about 41 $ downward movement, today we can see that its already 28$ low from gold 2 days previous high. Gold will have to take a break of atleast 40 % retracement downward from its recent high in order to take new high. FED interest is already booming the gold up, but to boom up streams gold as to accumulate buyers from fair value price. gold will not take new height from higher high its against theory of basic demand and attainable supply. Gold prices will impact many world wide indices as gold is relatively inversely co related to sensitive indices. Longby XAUUSDANALYST2
XAUUSD 18/9/2024 gold price has ended the correction? Looking at H1, we have a sharp and fast-moving wave 3, followed by a corrective wave 4 - According to the Elliot wave principle, wave 2 is simple, wave 4 is complex and takes more time, so we are in wave 4. - I temporarily label the small waves in wave 4 so that we can predict the end of wave 4 - Currently, looking at the price target of wave 4, we have the price range of 2565 - 2562 and the second target price range is the range of 2451 - 2448 - Looking at the structure of wave 4, we have a complex structure consisting of a Flat wave combined with a zigzag structure WXY. Looking at the wave 4 structure, we see that the correction structure may be sufficient and we expect the price to continue to increase according to wave 5 - The correction process of wave 4 is confirmed to be completed when the price breaks out through the 2590.188 zone, then we have the target zones of wave 5 above, which are the 2600 - 2603 zone and the 2616 - 2619 zone Our trading plan BUY ZONE: 2565 - 2562 SL: 2555 TP1: 2579 TP2: 2590 TP3: 2600 BUY ZONE: 2451 - 2448 SL: 2441 TP1: 2561 TP2: 2579 TP3: 2590 SELL ZONE: 2600 - 2603 SL: 2700 TP1: 2590 TP2: 2579 TP3: 2565 SELL ZONE: 2616 - 2619 SL: 2716 TP1: 2600 TP2: 2590 TP3: 2579Longby DEEKOP2
XAUUSD 1809 LONG - NEW RANGE FORMEDThis line bias is long, so I'm only looking for long positions despite the price appearing bearish. The bearish channel has broken out, and a new range is forming. Just follow the bias of the line and wait for better entries. The Chartist. Longby TheChartist_Code2trade2
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 kripsonfx971131
Gold Faces Resistance at 2,588 USD, Awaiting Fed SignalsGold (XAUUSD) is currently trading around 2,577 USD, facing strong resistance at 2,588 USD. If it fails to break through this level, the price may correct down to the support zone at 2,530 USD. The 34 EMA and 89 EMA, located at 2,551 USD and 2,524 USD respectively, are providing support for the bullish trend. If the price holds above support, gold may continue its rise towards the 2,560 USD level. The RSI is currently at 75.42, indicating increasing selling pressure. The upcoming Fed meeting decisions will play a crucial role in influencing gold prices.Longby Romio_proUpdated 1170
Gold XAUUSD seld ydt we get good profit, 2540,2515 ,2485 Target 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 JaiPrakashShuklaHarmonicTrader1
Update plan XAU before FOMC p.2"We can see that the level of 2560, which I identified yesterday, has been filled completely. Currently, the gold price is at... Pay attention to the buy entry: 2544 - 2548, everyone! Stoploss: 2542. If this order reacts strongly upwards, then move the stoploss to the entry point to break even and hold the position through today's FOMC."Longby Finn_Rm3x3
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
XAUUSD 1709 Range Breakout SHORT Price broke out of the Wyckoff range and changed the bias of the lines. I took a short position before, and now I’ll do the same. The Chartist.Shortby TheChartist_Code2tradeUpdated 1
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 XAUUSDANALYST6629
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
TP HIT ON GOLDAs I discussed in my last analysis 16/9/2024, I have predicted that gold will move 100 pips and reach my Target.Longby Knickk5
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
TP HIT ON GOLDAs I discussed in my last analysis, I have predicted that gold will move 100 pips and reach my TPLongby Knickk3
XAUUSD 1H BUY PROJECTION 17.09.24XAUUSD can be influenced by global news and economic data releases, but its price does not fluctuate as rapidly as that of stocks, cryptocurrencies and other risky assets. In times of economic uncertainty, investors use gold to save their funds. Knowing their funds are safe.Longby kripsonfx971
Gold: Pullback remains elusive beyond $2,570, US data, Fed eyedGold snaps three-day winning streak while retreating from an all-time high, marked the previous day, as traders await the US Retail Sales and monetary policy announcements from the Federal Reserve (Fed), scheduled for Tuesday and Wednesday respectively. In doing so, the precious metal eases from the 61.8% Fibonacci Extension (FE) of its July-September moves. Buyers remain optimist Gold’s recent dip comes as the RSI (14) moves back from the overbought zone and marked failure to break through the 61.8% Fibonacci Extension level on prices. Sellers are also eyeing a potential bear cross on the MACD. Despite this, gold remains above the two-month-old resistance line near $2,570, keeping buyers hopeful with dovish expectations from the Fed. Technical levels to watch For intraday sellers, the $2,570 level is key as it has turned into support. If gold continues to decline, the 50% and 38.6% Fibonacci Extension levels around $2,560 and $2,540 could be next obstacles. Below these, the bears might target the month-old resistance line and an upward trend line from early August, near $2,525 and $2,515, respectively. However, gold buyers will stay optimistic unless the price clearly falls below the 200-SMA level at $2,487. On the flip side, if gold breaks above recent peaks around $2,590, it could target the $2,600 level before approaching the 78.6% Fibonacci Extension at $2,610. If gold buyers push past $2,610, the focus will shift to the 100% Fibonacci Extension near $2,650 and then the $2,700 mark. Sellers need a strong motive to retake control Overall, gold remains bullish despite the recent pullback. For sellers to gain control, they would need not only a drop below the 200-SMA but also strong US data and a hawkish stance from the Fed.by MTradingGlobal1
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank youShortby tradergyan012
Update PLAN XAU before FOMCCurrently, as I updated in last week's plan, gold is in a consolidation phase between the 2579-2590 zone. This is a fairly wide range, and it's highly likely that we will see continued sideways movement for the rest of today, potentially until the FOMC announcement. I'm watching the following levels for scalping buy entries: 2548 / 2567. In addition, there's a BUY swing entry at 2521 Longby Finn_Rm3x112