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D-XAU

Could 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: 2,530.36 Why we like it: There is a pullback resistance level Stop loss: 2,556.10 Why we like it: There is a resistance level at the 138.2% Fibonacci extension. Take profit: 2,477.82 Why we like it: There is an overlap 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.
VANTAGE:XAUUSDShort
by VantageMarkets
GOLD 4H / Jackson Hole Symposium - Sensitive Movement Gold Technical Analysis: Gold futures have regained some ground following Thursday's sharp selloff, the largest single-day decline in a month. Despite the recent dip, the precious metal remains up 17% year-to-date. Current Outlook: After a significant drop of over 250 pip, as anticipated in the previous analysis, gold remains under pressure. As long as the price trades below 2500, it is expected to consolidate within the 2500 to 2475 range. The 2475 level is a strong support zone, and a decisive break below this level could signal a bearish shift. Bullish Scenario: A sustained move above 2509 could push the price towards 2516 and 2526. For a new bullish trend to emerge, gold must break above 2525, potentially triggering a rally toward 2543 and 2558. Bearish Scenario: While the overall bearish trend is distant, a strong correction could occur, driving the price down to 2,484 or 2,475. However, especially stability under 2509 or 2516 The next bearish area will start by stabilizing under 2475 Key Levels: Pivot Line: 2501 Resistance Levels: 2516, 2525, 2543 Support Levels: 2484, 2475, 2466 Expected Trading Range Today: The price is anticipated to fluctuate between 2525 and 2475. Trend: Bearish correction previous idea:
OANDA:XAUUSDShort
by SroshMayi
GOLD - Price can continue to move up inside rising channelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price started to decline inside pennant, where it fell to support line, breaking support level. Soon, price turned around and made upward impulse to resistance level, breaking $2385 level and exiting from pennant. Next, price bounced from resistance level and fell to support area, after which started to grow in rising channel. Inside channel Gold reached $2470 level, at once fell below, and then rose to resistance line of channel, breaking $2470 level. After this movement, price corrected to $2470 level, and a not long time ago started to move up. In my mind, Gold can fall to support area and then continue to move up inside rising channel to $2540 If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2
Heading into 50% Fibonacci resistance?XAU/USD is rising towards the resistance level which is a pullback resistance that aligns with the50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2,498.84 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 2,529.75 Why we like it: There is a pullback resistance level. Take profit: 2,463.56 Why we like it: There is a pullback support level that is slightly below the 61.8% 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.
VANTAGE:XAUUSDShort
by VantageMarkets
GOLD 4H / Another Correction to 2484Gold Future Slip But Holds Near Record Highs on Dollar Weakness Technical Analysis: Gold Current Outlook: The price has retreated from the resistance level at 2,526 and continues to trade below this key line. Bullish Scenario: Stability above 2509 will try to get 2516 and 2526. For the next bullish trend to begin, gold must break through 2,525, which could lead to a rally toward 2,543 and potentially 2,558. Bearish Scenario: While the overall bearish trend is distant, a strong correction could occur, driving the price down to 2,484 or 2,475. However, especially stability under 2509 or 2516 Key Levels: Pivot Line: 2,509 Resistance Levels: 2516, 2526, 2543 Support Levels: 2500, 2484, 2475 Expected Trading Range Today: The price is expected to fluctuate between 2,526 and 2,484. Trend: Bearish correction
OANDA:XAUUSDShort
by SroshMayi
XAUUSD - 4H Gold’s Potential DownturnOANDA:XAUUSD has recently surged to the top of its ascending channel, reaching above the $2,500 level. This move, however, appears to be a liquidity hunt, where the market triggers stops above significant levels before reversing direction. After this liquidity grab, technical analysis suggests a strong possibility of gold retracing within the ascending channel. Fundamentally, several factors are contributing to the potential downside. The recent easing of tensions in the Israel-Palestine conflict has reduced demand for safe-haven assets like gold. Additionally, the de-escalation in geopolitical risks generally leads to a pullback in gold prices as investors shift towards riskier assets. Moreover, the broader market sentiment is leaning towards a stronger dollar, especially with expectations of continued monetary tightening by central banks, which could also pressure gold prices downward. Given these technical and fundamental factors, gold is likely to face a correction back within the channel, with potential support levels around $2,350-$2,400. This retracement would align with the overall market dynamics and investor sentiment shifting away from gold.
FX:XAUUSDShort
by Sober_Trading
7
Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a well-defined Bullish Channel 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 2516, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2551 2nd Support – 2573 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:XAUUSDLong
by KABHI_TA_TRADING
1
GOLD Pre\Post Analysis | Closing w\ $648.00 USD Profit TodayI do believe gold is going to continue to buy. As much as I know traders are interested in selling at the high, I don't think it is that probable to take that trade and the more you think of every trade in terms of probability, it saves you from taking some really shit trades, honestly. Would you take a bet that you are either A. unsure you can win or B. know you will lose? Of course not, so why is it you take trades like that? Take smarter trades.
OANDA:XAUUSDLong
by Brandon_evo4
This Rising Wedge can lead the gold price to 2275(08/20/2024)GOLD is moving upward unstoppable. just a glimpse on the chart shows the price is going higher and higher. by looking at the gold chart we can easily identify the Rising wedge pattern. So are we going to sell gold? no. not right now, we need confirmation. For now, we will stay out and watch. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
OANDA:XAUUSDShort
by fortunamarkets
Gold can turn around and drop to support line of wedgeHello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price some days ago entered to upward channel, where in a short time rose to the support level, which coincided with the buyer zone and broke it. After this movement, the price reached the current support level and broke it too, thereby exiting from the upward channel as well. But soon, Gold turned around and in a short time declined until to the 2365 support level, breaking the 2445 level one more time. Then the price bounced and quickly rose back and even entered to wedge, where it made an impulse down from the resistance line to the support line of this pattern. When XAU fell to the support line, it started to grow to the current support level and after it reached this level, the price broke it one more time. Next, the price continued to move up and reached the resistance line of the wedge. A not long time ago, Gold exited from this pattern and now I think that XAU can rise a little and then drop to support line of the wedge, making a fake breakout of this pattern. For this case, I set my TP at 2475 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
4
Gold Futures Hit Record High on Fed Rate-Cut HopesGold Futures Hit New Record on Rate-Cut Speculation and Central Bank Demand Rising expectations that the U.S. Federal Reserve will ease monetary policy have driven gold prices to new highs. Prospects of rate cuts and expanded quantitative easing have boosted safe-haven demand for gold, while a weaker U.S. dollar has increased its appeal to both domestic and international investors. The CME FedWatch tool shows a 24.5% chance of a 50 basis-point rate cut in September and a 75.5% probability of a 25 basis-point cut, making gold more attractive as a non-interest-bearing asset. Technical Analysis: Gold Current Outlook: The price has reached the level mentioned yesterday, with a break above 2,525 potentially leading to a new all-time high (ATH) at 2,558. Bullish Scenario: A break above 2,525 would trigger the next bullish wave, with targets at 2,543 and 2,558. Bearish Scenario: While the bearish trend appears distant, a correction toward 2,509 or 2,500 is possible before the bullish trend resumes, provided the price remains above 2,475. Key Levels: Pivot Line: 2,525 Resistance Levels: 2543, 2558, 2567 Support Levels: 2510, 2500, 2484 Today's Expected Trading Range: The price is expected to fluctuate between 2,500 and 2,558. Note: A 1-hour or 4-hour candle close above 2,525 could signal a strong bullish move towards 2,558. Be cautious of potential volatility.
OANDA:XAUUSD
by SroshMayi
1
GOLD will rise by +300% in only 3 years! (Better than Bitcoin)I am pretty confident that GOLD will rise by +300% in price in only 3 years! Is gold a better investment than Bitcoin at this moment? Should you sell BTC and buy GOLD? Definitely yes, and I will tell you why! Gold was in a sideways consolidation period from 2011 to 2024. And this year, in March 2024, the price finally made a strong breakout bullish candle on the monthly chart that changed everything! The big players have a lot of liquidity and then cannot move large amounts of money from one asset class to another with a single order. Also, for them, it's not best to buy all assets at the same time. In 2024, we see that big players are hugely interested in gold again, so this should be your main focus. Why can Gold go 300% in 3 years and Bitcoin cannot? That would be around 210,000 USD per Bitcoin in 2027, and we know that this is impossible to happen as Bitcoin is statistically dropping every third year by 70% - 90%. Of course, big players are using this high volatility to buy cheap Bitcoin and to force retail investors to sell in a huge loss. They will do it again, as it's extremely profitable for them. Most likely, the price of Bitcoin in 2027 will be below 70k! From a technical perspective, on the monthly chart we can see that the price of GOLD is inside this ascending parallel channel (since the year 2000). The probability of touching the top of the ascending channel is very high at this moment. From the Elliott Wave perspective, gold is starting an impulse wave (3)! Usually, waves 3 are the strongest! Another indication that huge news is coming for GOLD.  Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OANDA:XAUUSDLong
by Xanrox
105