D-XAU
Gold price analysis in 30 minutes#Gold in the 30-minute time frame, the price ceiling is $2531. From every angle I look at it, all the sell orders have been cleared and the price is being corrected to take the right place and move sharply upward again to break the price ceiling of 2531.
The possible forecast is drawn on the chart, but trading is done only with setup in the desired areas.
Currently, gold is offered to spot and physical gold buyers to buy and hold gold in any price correction. Initial Targen $2531.706.
Gold will make downward movement to support levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price trades in the range, where it long time trading near the current support level, which coincided with the support area and top part of the range. After this, the price turned around and made a small movement up, after which rose back to the support area and soon started to decline to the bottom part of the range. When Gold fell to this part, it broke the 2485 level and declined a little below, thereby exiting from the range. Then the price started to an upward channel, where it broke the 2485 level one more time and in a short time rose to the resistance line of the channel and then made a correction to the support line. Next price continued to move up inside the channel and soon reached the 2525 level, after which made small correction to the support line of the channel. After this, Gold made a strong upward impulse, thereby breaking the 2525 level, and later exited from the channel. At the moment, the price continues to move up, so, in my opinion, Gold can make a downward movement to the support level. For this case, I set two TP, first at the 2550 points, and second at the 2525 level. Please share this idea with your friends and click Boost 🚀
GOLD MASSIVE SWING BREAKOUT|LONG|
✅GOLD is trading in an
Epic uptrend and now we
Are seeing a massive bullish
Breakout of the key horizontal
Level of 2530$ which was an
All-time-high too and the breakout
Is confirmed which reinforces our
Bullish bias and after a pullback
And a retest of the new support
Below we will be expecting a
Further bullish swing move up
LONG🚀
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GOLD 1h Reversion Zone Fill ExpectedReturn and fill into the reversion zone range is expected.
Reversion zone range: 2.522 - 2.513
Key Resistance level: 2.527
Key Support level: 2.502
Key Support level 2: 2.488
⚠️ Reversion Zone is an area on the chart where the price often returns after deviating. Some zones will be covered by nearby candlesticks, while others may take more time. Also the zone may never be filled, be careful.
GOLD Strong Resistance Ahead! Sell!
Hello,Traders!
GOLD keeps growing from
The horizontal support
Of 2473$ just as I predicted
But the price will soon hit a
Horizontal resistance of 2532$
From where a local bearish
Correction is to be expected
Sell!
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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.
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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
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Best Regards, KABHI FOREX TRADING
Thank you.
Gold Analysis and ReviewGold Analysis and Review
On the weekly timeframe, we can see high-volume doji patterns, and on the daily timeframe, there is also a negative divergence. Now, on the 4-hour timeframe, we have a great breakout that could take us to the 2447 level (the daily Kijun level) and then to the 2420 level.
Conclusion:
The overall view suggests that selling positions at the right points would be appropriate.
GOLD Will Keep Growing! Buy!
Hello,Traders!
GOLD went down from
The horizontal resistance
Of 2531$ just as I predicted
But then the price hit a
Horizontal support of 2483$
And we are already seeing
A bullish reaction so as we
Are bullish biased we will
Be expecting a further
Bullish move up
Buy!
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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.
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
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 🚀
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
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