Get started

D-XAU

Gold Consolidates as Market Awaits Breakout Amid Inflation DataGold Technical Analysis - 12 Sep. 2024 Gold is currently consolidating between the 2516 and 2526 levels, awaiting a decisive break. To establish a bullish trend, gold must stabilize above 2526, potentially advancing towards 2543 and 2557. On the contrary, a stable move below 2516 would favor a bearish shift, with the price likely declining to 2500 and possibly extending down to 2475. Key Levels: - Pivot Point: 2516 - Resistance: 2526, 2543, 2557 - Support: 2500, 2484, 2475 Trend: - Consolidation: 2516 - 2526 - Bullish: Above 2526 - Bearish: Below 2516 Gold's next movement hinges on its ability to break out of this consolidation range.
OANDA:XAUUSD
by SroshMayi
Gold Poised for Bullish Move Amid CPI Expectations & Softer US.DGold Technical Analysis - 11 Sep. 2024: Gold Poised for Bullish Move Amid CPI Expectations and Softer U.S. Dollar Gold has reached the previously mentioned target of 2526, moving up from 2500. For today, market volatility is expected, but the outlook leans bullish if the CPI comes in at 2.5% or lower, which could drive the price higher toward 2543 and 2557. However, if the CPI is released at 2.8% or higher, it could trigger a bearish move, pushing gold back toward 2500 and potentially down to 2475. Key Levels: Pivot Point: 2516 Resistance Levels: 2526, 2543, 2557 Support Levels: 2500, 2484, 2475 Expected Trading Range: 2500 - 2557 Trend: Bullish as long as the price remains above 2516. A break above 2526 would confirm strong bullish momentum. Previous idea:
OANDA:XAUUSDLong
by SroshMayi
Could the Gold reverse from here?The price is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit. Entry: 2,525.81 Why we like it: There is a pullback resistance level. Stop loss: 2,541.92 Why we like it: There is a resistance level at the 127.2% Fibonacci extension. Take profit: 2,478.10 Why we like it: There is an overlap resistance level. Enjoying your TradingView experience? Review us! 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.
VANTAGE:XAUUSDShort
by VantageMarkets
Sell Gold (Xau/Usd) H4 ChannelThe XAU/USD pair on the H4 timeframe presents a potential selling opportunity due to a Formation of well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days. Key Points: Sell Entry: Consider entering a short position around the current price of 2500, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2440 2nd Support – 2400 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
15
Smart Money Positioned to SHORT Gold - COT StrategyDISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Gold (GC) My COT strategy has me on alert for short trades in GC if we get a confirmed bearish change of trend on the Daily timeframe. COT Commercial Index: Sell Signal Valuation: Overvalued vs Treasuries Extreme Positioning: Commercials around max short of last 2 years = bearish. True Seasonal: Seasonal down to October. Supplementary Indicators: %R & Momentum (not yet confirmed) Remember, this is not a "Short Now" idea. These indicators are not timing tools. They simply tell us that this market could have a move of some significance to the downside, which we will participate in with a confirmed Daily trend change to the downside. Good luck & good trading.
COMEX:GCZ2024Short
by Tradius_Trades
XAUUSD - Short Trade IdeaThis trade idea is based on buyside liquidity being induced in the form of equal highs, before a retracement into my signature R2F gap on the weekly timeframe. Regardless of what happens when price gets there, this trade is relying on the scenario of it trading down into it before moving higher. My current POIs are the two 12h iFVGS. Price either only trades into the lower one or reaches into the higher one. I will leave that to your own study and PD Arrays, structure, and candles printing on the lower timeframe to determine that. However, it is important to also consider time of day and upcoming economic news events as well. Stoploss above the equal highs above if not using a lower timeframe analysis. If they get run, then I will have to reconsider this trade idea. Target 1 is the 12h candle low. Target 2 is the equal lows into the 1W R2F gap. Good luck - R2F
FOREXCOM:XAUUSD
by Road_2_Funded
1
Gold can fall to support level, break it and continue to declineHello traders, I want share with you my opinion about Gold. By observing the chart, we can see that the price some days ago started to trades inside the big range, where it at once rose to the top part, after which started to decline. In a short time, Gold fell to the support level, which coincided with the buyer zone, broke it, and even made a fake breakout of the bottom part of the range, after which quickly backed up. Next, the price rose almost to the top part of the range but later turned around and dropped to the buyer zone. Then price started to grow near the support line of the pennant and later reached the current support level, which coincided with the support area. Next, XAU broke this level, exiting from range, and reached the resistance line of the pennant. Price some time traded between this line and the 2485 level, after which later corrected to support line of this pattern. A few moments ago price turned around and rose almost the resistance line, where continues to trades near to this day. So, for this case, I think Gold can make small movement down and then reach the resistance line of the pennant. After this, the price can start to decline to the support level, exiting from the pennant pattern. Also, I think XAU will break this level and continue to fall, therefore I set my TP at 2450 points. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
6
GOLD - Price can exit from flat and continue to move upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A not long time ago price bounced from $2405 to $2475 level and then turned around and fell lower $2405 level, breaking it. Then price started to grow inside rising channel, where it rose to $2475 level, breaking $2405 level one more time. Gold some time traded near $2475 level and later broke it, exiting from channel and entering to flat. In flat price some time traded between the top part and bottom, and a not long time ago it bounced from $2475 level. Now, Gold trades near top part of flat and I think that price can reach this part and then make a small correction move. Next, price will exit from flat and continue to move up to $2570 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
4
XAU/USD: Citi Sees 50bp Rate Cut After NFP XAU/USD: Citi Sees 50bp Rate Cut After NFP Citi anticipates the upcoming Non-Farm Payroll (NFP) report will show 125,000 new jobs, leading to a 50-basis point rate cut by the Federal Reserve. Citi suggested in a note to Clients on Tuesday that if payrolls come in between 125,000 - 175,000, a 50-basis point rate cut is likely from the Fed. The 4H chart for XAU/USD indicates that buyers may be stepping in on dips following the release of US JOLTs Job Openings data, which revealed fewer openings than expected in July. However, if Gold continues to weaken, the next likely support level is around $2,470-$2,460. A decisive break below this support level could alter the outlook for Gold, indicating that the commodity could be entering a more pronounced downtrend.
BLACKBULL:XAUUSD
by BlackBull_Markets
GOLD Consolidation with Bearish Bias Below Key Resistance LevelsGold Futures Technical Analysis Current Outlook: The price has a consolidation between 2508 and 2492 till breaking The downward momentum continues toward 2475, as long as the price remains below 2526 and 2509. Especially if it can stabilized under 2501 If the price remains above 2508, the bullish trend is expected to persist, targeting 2516 and 2526. Key Levels: Pivot Line: 2500 Resistance Levels: 2509, 2516, 2526 Support Levels: 2492, 2484, 2475 Expected Trading Range Today: The price fluctuates between 2475 and 2516. Trend: Bearish side as long as trades under 2508.
OANDA:XAUUSDShort
by SroshMayi
GOLD - Price can bounce down from support line to $2480 levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Recently price reached support level and then bounced down to support line, after which started to grow. Then XAU reached $2480 level again, broke it, and started to trades inside flat, where it rose to top part at once. After this, price corrected to bottom part of flat and then in a short time backed up to to $2530 level. Price some time traded very close to this level and a not long time ago fell to support line and broke it. Also, price made retest, fell a little, and a not long time ago started to move up, and now it trades near support line. Possibly, Gold can reach support line and then bounce down to $2480 support level, which is bottom part of flat. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
6