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Goldforecast

GOLD FORCASTThe current analysis indicates a bearish trend for XAUUSD. A retest of 2355 is expected. If it fails to hold above this level, the price is projected to decline first to 2328 and, if it stabilizes below 2328, continue to 2306. Alternatively, if it stabilizes above 2355, a bullish trend towards 2397 is anticipated. Additionally, the market is expected to be very volatile due to upcoming NFP and Unemployment news. Key Levels: Bullish Lines: 2355, 2397, 2412 Bearish Lines: 2328, 2306, 2281
OANDA:XAUUSD
by RojBarwari
GOLD (XAUUSD): Important Key Levels 🥇 Gold dropped suddenly today after FOMC. Here is my latest structure analysis and important key levels to watch. Vertical Structures Vertical Support 1: Falling trend line Vertical Support 2: Falling trend line Horizontal Structures Resistance 1: 2426 - 2450 area Support 1: 2360 - 2376 area Support 2: 2323 - 2336 area Support 3: 2303 - 2308 area Support 4: 2265 - 2285 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
GOLD (GCM2024, XAUUSD)... BULLISH BIAS!Bias is Bullish. Price is moving up with convincing momentum. Respecting bullish PD Arrays, disrespecting bearish ones. No signs of reversal. The intent to reach the DOL/Swing High seems clear. The expectation is for Gold to make further gains. A potential pullback to 2400 area would make sense as a zone to buy from, as buying from the top is not recommended. Thank you for viewing! Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! May profits be upon you.
COMEX:GC1!Long
by RT_Money
1
Xauusd Jumps Big Into Buy ZoneOANDA:XAUUSD Gold traded higher early on Friday despite gains for the dollar and yields, as the precious metal continues to look to retest the US$2,400 mark it last touched a month ago and has failed to top since. Gold for June delivery was last seen up US$11.00 to US$2,396.50 per ounce. The precious metal has firmed below the U$2,400 mark since touching a record close of US$2,413.80 on April 19 as the outlook for the potential stimulus of US interest-rate cuts waxes and wanes on economic data and comments from Federal Reserve governors.
OANDA:XAUUSDLong
by Forex_Master-
2
GOLD EXTENDED RETRACEMENT - NEW LAUNCHPADLooking for Gold (XAUUSD) to have a larger retracement prior to continuing bullish in the longterm. I am waiting for a retest of the resistance around the $2400 price. I will then be looking at the lower timeframes 4H, 1H, 30Mins for sell entries. First profit taking level will be at the $2185 level, where I will move my stop loss to breakeven. Full take profit at $2072.50. Once the final take profit level has been hit, I will be looking for buy positions to continue moving higher. This will be the my new launchpad for Gold. Let me know your thoughts, are you looking for buys or sells?
OANDA:XAUUSDShort
by TheLionsShare