XAUUSD ANALYSISThe xau market has been on a bullish rally after creating a spring at the 2600's zone with an indication of "the retest of a breakout"
we could see gold rallying up to the 2739 zone thereby creating an ATH mitigation or rally above to the 2750's as the bullish pressure exerted is strong.
^take note that all shorts are merely retracements as gold is on a bullish run
Goldlong
Gold out lookOANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend
when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4 to H1 and lower TF's
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
#XAUUSD: $3000 Year End Target! Swing Buy Our recent analyses have yielded substantial gains, exceeding 5,000 pips in total. Given the current market conditions, with the price reaching the 2,740 level, we anticipate a potential bearish correction towards the 2,680 region. This area serves as a critical support level for swing buyers. Accordingly, we recommend exercising caution and awaiting a more favorable entry.
good luck and trade safe!
10.22 Gold hits new highs, near 2710, longOn Monday (October 21), gold prices rose for the fifth consecutive trading day to a record high, while silver prices hit their highest level in nearly 12 years, affected by factors such as uncertainty in the US election, continued tensions in the Middle East, and expectations of interest rate cuts by central banks.
Fundamental analysis: safe-haven demand supports gold prices
The current global instability, especially tensions in the Middle East, provides strong support for gold. As a traditional safe-haven asset, gold usually attracts a lot of buying when uncertainty increases, especially when geopolitical conflicts continue to ferment.
On the other hand, the market lacks the release of heavyweight economic data, and investors will pay attention to the speeches of several Fed policymakers this week. These speeches may have a significant impact on market expectations, especially in terms of monetary policy. If the Fed expresses its inclination to continue to maintain a tight policy, it may put pressure on gold prices. Conversely, any signs of easing will further push gold prices up.
The situation in the Middle East continues to ferment
Tensions between Israel and Iran are one of the main drivers of this round of gold price increases. The latest military action has further escalated the market's risk aversion. The US investigation into leaked documents has also added uncertainty. Gold naturally becomes a safe haven for investors in such an environment. In the short term, as long as geopolitical risks are not resolved, gold prices may remain high and volatile.
Federal Reserve Policy Expectations
With Fed policymakers about to speak, the market is closely watching their latest views on economic growth, inflation and monetary policy. Any hint of rate hikes or balance sheet reduction may change the market's expectations for future gold trends. Currently, gold prices remain high due to the interweaving of safe-haven demand and policy expectations.
Technical analysis: The risk of a correction is increasing
Gold bulls can break through the resistance level of $2,730, and gold prices are expected to test the psychological level of $2,750. $2,730 is currently a key watershed, and breaking through this level will greatly enhance gold's bullish sentiment and open up further room for growth.
BUY: 2,715 Target 2,730----40
Gold Prices Surge to New Heights
The weekend news cycle has once again ignited tension in the market, leading to gold prices hitting a historic high of $2732 at Monday's open, followed by a sustained increase of approximately 10 basis points. This trend aligns with my forecasts, and I anticipate that both the London and New York markets will continue to rise in the coming days.
Looking ahead, gold prices are expected to reach new dimensions this week. In terms of trading strategy, I recommend employing a buy-low, sell-high approach, with particular attention to the critical levels of 2725 and 2712. Members utilizing rapid trading strategies should remain vigilant, as new strategies will soon be announced.
XAUUSD: +1100 pips move in making! Let's catch the big move? Dear Traders,
We have possibly a great chance to buy Gold as it is currently in a correction mode. After evaluating how price behaved in last two days we think there is a gap that price needs to filled before it continue the bullish momentum. Also there are big talk of ceasefire in ongoing conflict, if that happens the gold will likely to drop further than what we have identified. Please if there is sudden drop and price does come to our area, do not just enter wait for 4 hours or 2 hours candle to close before taking any entries. Also this is not a guaranteed chart analysis and this is just our view, you can use this as educational purposes. Good luck and trade safe.
Gold (XAU/USD) Upward Channel with Potential Correctionhello guys!
let's analyze GOLD!
Rising Channel: Gold is trading within a well-defined ascending channel, showing a continuous bullish trend over the medium term.
Resistance Zone: The price is nearing a significant resistance zone around $2,747, which could act as a cap on further bullish momentum.
Possible Double-Top Formation: The chart suggests the possibility of a double-top forming near the upper boundary of the channel, which may signal a short-term reversal.
Correction Expected: After testing the resistance, a pullback to the channel's lower trendline is expected. Previous support levels mark the initial downside targets, which are around $2,724 and $2,708.
Fibonacci Retracement: A deeper retracement could target the 0.618 Fibonacci level at approximately $2,691, where strong buying interest may re-emerge.
XAUUSD:21/10 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2750, support below 2685
Four-hour resistance 2733, support below 2721-14
Gold operation suggestions: Gold did not fall too much after opening on Monday, and continued to rise steadily, so the downward correction of gold will not be too large. If the correction is too large, it means that the rise of gold has ended. If gold falls slightly, it can continue to go long. The hourly moving average of gold continues to diverge upward. Gold fell back to 2613 several times on Friday night and began to stop falling and rise. Gold bulls continue to be strong, and gold falls back to continue to go long.
From the current market trend, today's attention is paid to the support of 2721-14 below, and the upper attention is still paid to the suppression of 2750. Gold is still in a long arrangement, the daily line has also formed a long arrangement, and the moving average system is also relatively perfect. Today we can choose to go short below the 2750 mark, and follow if the market falls. The support below the daily line moves up to the 2685-2700 mark, and wait patiently for the key points to enter the market.
BUY:2721near SL:2718
BUY:2714near SL:2711
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
10.21 Gold Asian session longs,Gold did not fall back too much after the Asian session opened, and continued to rise steadily. Then the downward correction of gold would not be too large. If the correction was too large, it would mean that the rise of gold had ended. If gold fell slightly in the early trading, you could continue to go long.
The 1-hour moving average of gold continued to diverge upward. Gold fell back to 2713 several times on Friday night and began to stop falling and rise. If gold fell back in the early trading, you could continue to go long first.
Gold bulls continue to be strong, so gold bulls have not ended yet. Without a rapid upward surge, gold bulls will not end. Gold falling means continuing to go long.
Silver Shines Brighter: A Bullish Run to $39.62 After Rate Cut?Hey Realistic Traders, let’s dive into the analysis of OANDA:XAGUSD
On the daily timeframe, silver has consistently traded above the EMA100, signaling a strong bullish trend. Additionally, it has broken through the upper trendline of a wide descending broadening wedge pattern . This breakout, confirmed by a bullish Marubozu candlestick, indicates strong buyer momentum. The MACD’s bullish crossover further supports the expectation of continued upward movement.
With these technical indicators in alignment, we anticipate silver advancing toward Target Area 1 at 36.76 and potentially reaching Target Area 2 at 39.62. However, the support level at 27.59 remains critical; a break below this level could invite bearish pressure.
In the broader macroeconomic landscape, central banks across multiple countries are enacting rate cuts to stimulate growth amid slowing economic conditions. Combined with declining manufacturing PMIs, geopolitical tensions, and the US-China economic slowdown, these factors heighten uncertainty. As a result, safe-haven assets like silver and gold are expected to benefit, as investors seek protection against market volatility. This influx of demand may provide further upward momentum for silver prices.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Silver.
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DXY - Bearish price action !!Hello traders!
‼️ This is my perspective on DXY.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. After price filled perfectly the imbalance and rejected from bearish OB I expect to see bearish price action.
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Gold Prices on the Rise: What to KnowThe price of gold has hit a new record high, reaching $2,714.10 per ounce amid escalating geopolitical tensions and concerns about the global economy. The surge in gold prices has prompted investors to seek haven assets as they fear a potential recession.
The record high for gold prices comes as Russia continues its invasion of Ukraine, raising fears of a wider conflict in Europe. The war has disrupted global supply chains and led to a spike in energy prices, which has put pressure on businesses and consumers around the world.
In addition to geopolitical tensions, concerns about the global economy are also driving up gold prices. The International Monetary Fund (IMF) has warned that the world is facing a "polycrisis" of challenges, including inflation, rising interest rates, and debt distress. These factors have increased uncertainty and make investors more cautious.
The surge in gold prices has significantly impacted India, which is one of the world's largest consumers of gold. The Indian rupee has weakened against the US dollar, making gold more expensive for Indian buyers. As a result, gold prices in India have reached record highs in recent weeks.
The rise in gold prices has benefited gold miners and other companies in the gold industry. However, it has also put pressure on consumers and businesses that use gold in their products. For example, as prices have risen, jewelers and other retailers have seen a decline in demand for gold jewelry and other products.
The future of gold prices is uncertain. If geopolitical tensions and economic concerns continue to escalate, gold prices could rise further. However, if the situation improves, gold prices could fall.
Investors who are considering buying gold should be aware of the risks involved. Gold prices can be volatile, and there is no guarantee that they will continue to rise. It is important to do your research and to consult with a financial advisor before making any investment decisions.
Here are some of the factors that could affect gold prices in the future:
• The outcome of the war in Ukraine
• The state of the global economy
• The level of inflation
• The interest rate policy of the US Federal Reserve
• The demand for gold from India and other major consumers
It is important to stay informed about these factors and to monitor gold prices regularly. By doing so, you can make informed decisions about whether or not to invest in gold.
GBPJPY outlookAs we have seen last week the British pound vs Japanese Yen pair was in consolidation phase now in current week we are expecting a bullish move on the pair the reason why is the pair is in bullish trend in H1 in other confluences it has formed a Bullish flag to extent it can consolidate here and can fly also the confluence is the pair has completed its manipulation phase and now could distribute after a liquidity grab
Gold Outlookcurrent week was almost a bullish week for Gold and we have seen New ATH (All time High) it was a situation gold was breaking its own Records Hour by Hour...
for next week we are expecting gold to see a new peak of 2725 to 2734 and the a Retracement for the previous ATH then new Highs can be seen as far the confluences are concerned we have Fibonacci extension of previous high to low move over the price discussed above also 50 SMA from Monthly to weekly to daily to H4 to H1 is the confluence for price remaining above and can see new high as we always mention trend is our friend so we are bullish with our higher TF trends
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold prices are about to usher in huge trading opportunities
Today our fast trading strategy sold from high and bought from low. All of them generated different profits. I believe that the members who followed the fast trading strategy have gained something. Just like I told them. Although the chance of making money from trading is high. But you need to take action. If you don't take action. Then the chance for you is 0. The trading opportunity of the New York market is about to come out. If you don't want to miss the trading opportunity of the fast trading strategy group. Stay tuned.
XAU ! 10/18 ! Weekend price increaseXAU / USD trend forecast October 18, 2024
On Thursday, the European Central Bank cut interest rates for the third time this year, the first consecutive cuts in 13 years, and signaled more reductions due to the worsening economic outlook. The Federal Reserve is also expected to lower rates again after a significant cut in September, while weak UK inflation data has strengthened expectations for more aggressive easing by the Bank of England.
price increase to create new ATH - continue to wait for new ATH at the end of the week. FOMO is huge
/// SELL XAU : zone 2723-2726
SL: 2731
TP: 50 - 100 - 300 pips (2696)
Safe and profitable trading