D-XAU
GOLD Massive Bullish Breakout! Buy!
Hello,Traders!
GOLD is trading in an
Uptrend and we are now
Seeing a powerful bullish
Breakout of the key horizontal
Level of 2480$ which was also
An all-time-high level and has
Now become a support
So our bullish bias is confirmed
And we will be expecting a
Further move up after
The retest of the new support
Buy!
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+$380 Dollars on Gold TodayYes gold is bullish, yes I sold gold, yes I took 2 losses, Yes I am still in profit at the end of the day.
The more I grow as a trader the more I realize that it is much more about what decisions you make as opposed to just what trades you take.
Yes the trades you take are important but ultimately you have to make a decision to take that trade in the first place right?
Have a great rest of your day guys
HelenP. I Gold will turn around from resistance level and dropHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the support level, which coincided with the support zone, and even later fell to this area, but soon backed up. Next, XAU made an upward impulse to the resistance level, which coincided with the resistance zone and even entered to it, after which turned around and made a strong impulse down to the trend line. Also, the price started to trades inside the wedge, where it rebounded from the trend line, which is the support line of the wedge also, and rose higher than the 2385 level, after which made the correction. Then price some time traded near this level and later continued to move up, and soon reached the 2465 resistance level. Gold entered to resistance zone, some time traded inside, and recently fell below, after which started to grow. So, for this case, I expect that XAUUSD will rise a little higher than the resistance level and then drop to the trend line. That's why I set my goal at 2435 points. If you like my analytics you may support me with your like/comment ❤️
Gold Futures Rebound, Eyeing Key Levels Amid Dollar WeaknessGold Futures Rise, Recovering Some Losses on Weaker Dollar
Gold retreated from near-record highs on Wednesday after U.S. inflation data, while positive, suggested that the Federal Reserve might implement smaller-than-anticipated interest rate cuts in September.
Technical Analysis: Gold
Current Outlook:
The price hit our target perfectly and has since reversed. It is now attempting to reach 2,466, with a focus on the bullish volume above 2,475. Stability above this level could drive the price higher towards 2,493 and 2,525.
Bullish Scenario:
The price is currently attempting to reach 2,466. A break above this level could activate a bullish trend, leading to 2,475, and further gains towards 2,493.
Bearish Scenario:
As long as the price trades below 2,466 and 2,460, it remains in a bearish zone, potentially declining towards 2,442 and further down to 2,428.
Key Levels:
- Pivot Line: 2,460
- Resistance Levels: 2475, 2484, 2493
- Support Levels: 2442, 2430, 2420
Today's Expected Trading Range:
The price is anticipated to fluctuate between 2,428 and 2,475.
Tendency: Consolidation between 2,466 and 2,442, with a bearish bias.
previous idea:
Could Gold reverse from here?The price is falling towards the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could potentially bounce from this level to our take profit.
Entry: 2,431.92
Why we like it:
There is an overlap support level which aligns with the 50% Fibonacci retracement.
Stop loss: 2,412.83
Why we like it:
There is a pullback support level.
Take profit: 2,460.29
Why we like it:
There is a pullback resistance level which lines up with the 50% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Buy Gold (Xau/Usd) Bullish FlagThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2474, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2496
2nd Support – 2506
Stop-Loss: To manage risk, place a stop-loss order below 2450. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Gold did nothing, So I slept + I had a headacheThe best thing about being a full time trader is being able to do what I want when I want and as much as I am in pain as I type this, Just knowing that I don't have to answer to anyone reduces that pain 10 fold for me, honest.
I don't have to request any leave, I don't have to report to anyone. I can just go.
Yeah sure making money is great but what good is it if it costs you your peace.
I'd openly accept making 10 times less than what I make now in exchange for my peace. Yeah you read that right.
Food and Liquidity - An Uncanny Relationship (USD CPI NEWS)I hope that this video finds you well, I really want you to sit and listen to what it is I have to say in this video, I could be absolutely wrong as I have been before but that doesn't mean that what I am saying doesn't make sense (at least to me) lol.
Anyway I wish you a safe CPI News event.
Gold can rebound from seller zone and continue to fall in rangeHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a few moments ago reached the support level, which coincided with the support area and also entered to wedge, where at once rebounded from the resistance line to the support line. After this movement, the price started to grow from the support line and soon reached the resistance line of the wedge pattern again, but then it fell back. Then price broke one more time at the 2360 level and exited from the wedge, after which started to trades inside the range. In the range, gold quickly rose to the top part, which coincided with the resistance level and seller zone. Price even entered to this area, but at once turned around and dropped to the 2360 level, after which repeated movement up to the seller zone. Next, XAU turned around again and fell almost to support level, after which in a short time backed up, but a not long time ago rolled down from the seller zone. So, in my opinion, Gold can enter to seller zone one more time and then continue to decline inside range. For this reason, I set my TP at 2400 points. Please share this idea with your friends and click Boost 🚀
Could Gold reverse from here?The price is rising towards the resistance level which is a pullback resistance and could potentially reverse from this level to our take profit.
Entry: 2,482.47
Why we like it:
There is a pullback resistance level.
Stop loss: 2,509.10
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension.
Take profit: 2,441.80
Why we like it:
There is a pullback support level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XAUUSD 4HR Update XAUUSD 4HR Update
Following the previous analysis we correctly identified the market pivot off the key psych quarter zone and saw a bullish surge back up into the 2400s where price now sits at 2427.45, Going forwards I foreseeing price to make a push for the key level of 2450 and complete the next phase section of 2500 target.
Check out my last update analysis to see how we progressed and leave a comment with your thoughts and ideas below :)
Momentum, Timing and Probability - How to WinWinning Trades can be made easier when you learn to look at the market from a completely different perspective. We have to understand at some point that random strategies found on youtube and instagram aren't enough, there must be something else that we are missing.
Well this is it. I think most traders don't take in consideration.
Have a good rest of your day.
US30 Chaos and How to deal with itAs I would have mentioned within the last video I posted I was actually expecting a pullback - well it turned out to be a full on retracement and that forced me to stop trading because the momentum literally went against what I was expecting.
This is to show how we can use probability, timing and momentum to make informed decisions on what trades we should and shouldn't take.
Hope you have a good day today
Look out for the next video I am going to post on GOLD
GOLD - Price can correct to support level and then bounce upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Recently price reached $2430 level, which coincided with resistance line and then made downward impulse.
Price broke $2380 level and fell to support line, but soon came back, breaking support level again and continuing to grow.
In a short time price rose to resistance line, breaking $2430 level, after which Gold broke resistance line too.
Then price entered to triangle, where it fell to support line of this pattern, breaking two levels with support line.
After this, Gold bounced up, breaking $2430 and $2380 levels and now it trades near resistance line of triangle.
Possible, price can make correction to support level and then bounce up to $2475
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Gold Futures Poised for Gains as Uptrend Stabilizes Above 2428Gold Futures Rise as Long-Term Outlook Remains Positive
Technical Analysis: Gold
Current Outlook: Stabilization above 2428 means an uptrend toward 2450 and 2466 due to the high bullish volume with a correction till 2428
Bullish Scenario:
The price will touch 2450, and then should break 2450 to be a bullish trend till 2466,
Bearish Scenario:
Stabilization below 2450 could support a decline to 2428
Key Levels:
- Pivot Line: 2444
- Resistance Levels: 2454, 2466, 2475
- Support Levels: 2428, 2420, 2397
Today's Expected Trading Range is between 2428 and 2466
Tendency: Bullish trend above 2428