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Goldlong

10.1 Analysis of gold short-term technical operations1. The daily line has adjusted for two days and just stepped back on the 10-day moving average. According to the bulls, this is a typical correction. The biggest step back in the strong trend is 10 days. Whether it can go up today is very critical. 2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase. 3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom. It cannot continue the retracement. 2623 is the retracement of the rise to 382, ​​which is very critical. It breaks the bottom and affects the bulls. In addition, the daily line is weak, so the rise is affected. And today, it is above the turning point of long and short. The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
TVC:GOLDLong
by David_strategy
Tuesday Market Analysis and SignalsIn the Asian market on Tuesday, gold fluctuated in a narrow range and is currently trading around $2,642 per ounce. The price of gold fell by nearly 1% on Monday, and once lost the 2,630 mark during the session, which is exactly where the 10-day moving average support is located. It is also the lowest since September 24. Because the speech of Federal Reserve Chairman Powell is hawkish, the market's expectations for the Federal Reserve to cut interest rates by 50 basis points in November have been reduced. The rebound of the US dollar and US Treasury yields has put pressure on gold prices to pull back. However, the ongoing conflicts in the Middle East and the entry of most central banks in the world into a cycle of interest rate cuts still provide support for gold! Driven by the loose monetary policy of the United States and the intensification of tensions in the Middle East, gold has experienced a historic rise recently. In the third quarter of 2024, gold has risen by more than 13%. Last Thursday, it hit a record high of $2,685, which was mainly driven by the Federal Reserve's half-percentage point cut and the outbreak of war in the Middle East. It should be reminded that when the rise in gold prices is blocked, investors need to beware of the risk of further correction in gold prices. The Eurozone September CPI data will be released on this trading day. Investors need to pay attention to it, focusing on the US September ISM manufacturing PMI, the US August JOLTs job vacancy data, and the news related to the geopolitical situation. Continue to pay attention to the speeches of Fed officials. Gold closed sharply higher on the monthly line, with the long upper shadow 2685/2680 historical high forming a short-term effective high resistance. The daily line fell back yesterday after a high rise and adjusted to the MA10 daily moving average at 2664. The short-term four-hour chart Bollinger band opened downward and the price was in the middle and lower track channel of the Bollinger band. The RSI indicator broke through the middle axis 50 and turned downward. The hourly moving average bonded the price Bollinger band and narrowed. Gold traded high and bought low on Tuesday! Asian trading strategy: 2622-2624 long, stop loss 2613, target 2640-2650; 2643-2645 short, stop loss 2654, target 2620-2610;
OANDA:XAUUSDLong
by Jun-goldFX
Gold's short-term downturn has passed, go long at 30Gold is long near 2630. Gold has gone out of the turning point, the decline is over, and it is about to start rising. Go long in the short term today, seize this opportunity to get a big wave. Gold fell back to the moving average and closed with a hammer line, and the turning point signal is obvious. Go long near 2630. If we look at the moving average, it also meets the bullish trend, because every time the gold price falls back to the moving average, there will be a rebound. Can it rebound and break the historical high? Let's not consider it for now, grab the long orders near 2630, and let the market give us the rise we want. Trading strategy: Gold is long at 2630, stop loss at 2620, target 2650-------2655
TVC:GOLDLong
by David_strategy
4
Will XAUUSD Bounce or Slide?Hello Traders! Today is going to be a tough day because gold can take a lot of sls today because the position of the market is slightly hard to analyse. so here we have 3 buying levels and 3 selling levels and theres also a news today which would affect us. Selling levels: this will work as if market give respect to any of those level and retest it as resistance then we can consider selling. 1. 2639 - 2642 2. 2653 - 2656 3. 2665 - 2671 Buying levels: also works same as selling levels 1. 2626 - 2623 2. 2614 - 2611 3. 2605 - 2600 we have to monitor the market when it come to these and watch carefully for any breakouts or retest the support or resistance then we can enter. supporting by follow and liking would be highly appreciated.
OANDA:XAUUSD
by HouseofProfit
XAUUSD: 30/9 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2700, support below 2622 Four-hour resistance 2685, support below 2643 Gold operation suggestions: Gold currently has different degrees of narrowing signals in the 4-hour and 4-hour, indicating that there will be a need for adjustment in the short term. With the high and fall action at the end of last Friday, this week before the release of non-agricultural data, it will maintain the range sweeping action, continue to narrow the range, and accumulate momentum to break through the range again. At the daily level, it is based on the 10-day moving average as the support line for the rise. Today's support below focuses on the 2643/2634 level, and the upper pressure focuses on the 2675-2685 area. Continue to rely on this range to sell high and buy low during the day. The daily level does not fall below the 2622 line and continue to be bullish. I will prompt the specific operation strategy in the VIP signal. BUY:2650near SL:2647 BUY:2634near SL:2630 BUY:2622near SL:2618 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSDLong
by ActuaryJ
1
9.30 If the short-term gold high is not broken, it will be a corTechnically, the 2670 level has become an important resistance level, which has not been broken through many times. The Bollinger Bands have begun to close. From all angles, gold will not rise in the short term. With such a big thing happening in the Middle East, gold should have started a wave of $50 rise, but it didn't. That must be because gold digested the news in advance. If there is no positive news, gold will turn to a sharp drop. Intraday operation: SEII: 2665 Stop loss: 2672 BUY: 2645 Stop loss: 2640
TVC:GOLDLong
by David_strategy
1
Monday Market Analysis and SignalsSpot gold fluctuated in a narrow range in the Asian market on Monday, and is currently trading at $2,653 per ounce. Gold prices fell 0.5% last Friday. After the release of the US PCE data, some bulls took profits, dragging down the price of gold. As the United States began to implement loose monetary policies to boost the attractiveness of gold, gold prices have set new historical highs in recent trading days, and the weekly line still closed higher, with three consecutive weekly gains. The third quarter is expected to be the best quarter in more than eight years. In addition, the escalation of conflicts in the Middle East also provides safe-haven support for gold. Several historical highs were set last week, highlighting investors' strong expectations for future interest rate cuts by the Federal Reserve. Investors' interest has been rekindled as lower interest rates have weakened the transaction costs of gold. As an interest-free asset, gold is more attractive in an interest rate cut environment, pushing gold prices up by about 14% this quarter, the best quarterly performance since 2016. The US September NFP report will be released this week, and investors need to pay close attention. In addition, they need to pay close attention to news related to the geopolitical situation, pay attention to the performance of global stock markets and changes in risk aversion. This trading day needs to focus on the speech delivered by Federal Reserve Chairman Powell at the National Association for Business Economics. However, it should be reminded that this trading day is the last trading day in September and the last trading day in the third quarter. Investors also need to beware of the possibility of abnormal market fluctuations caused by dealer position adjustments. Technical aspect Technically, the gold daily and weekly lines still maintain a good trend bullish structure, and the price runs around the bullish rising trend channel. At present, the daily line rises above 2685, and the long volume is released, and the indicator is stagnant and overbought, forming a short-term correction and repair, and the daily line forms a red and blue alternating closing. The price continues to maintain the MA10/7-day moving average at 2650/2627, opening upward and gradually moving up. The short-term four-hour chart retreated to the lower track of the Bollinger band on Friday to form a bottoming rebound. The technical trading ideas of gold remain unchanged and the trend is mainly low and long! Use 2643 as a long stop loss to participate in long positions, and the upper suppression points are 2675 and 2685
OANDA:XAUUSDLong
by Jun-goldFX
Gold XAU/USD Rejection from Resistance with Potential RebounceOn the 15-minute chart, Gold is currently facing rejection from a key resistance level. If the price retraces back to the support level, there is potential for a rebound. This support has previously acted as a strong zone, and we could see a bounce if it holds again. However, it’s important to watch for confirmation signals before entering a position, as a break below this support could invalidate the bullish scenario.
CAPITALCOM:GOLDLong
by rebenga93
Gold to push up further? And what to expect next!We could be looking at Gold exceeding $2700 this week!!! With no sign that gold wants to slow down and continual parabolic movement to the upside I have laid out two clear scenarios of what price could do this week. Scenario A: We have seen a clear Choch and Bos to the downside on the 1H leaving us with a nice 18h supply to the upside which price will push up to in order to completely fill the 4H IMB to the downside and possibly continue further in order to take more liquidity before reacting from a zone that follows price structure like the 3H demand or further down where we can see a 14h demand. Scenario B: Price has already tapped into the 1H demand and shown a LTF Choch which gives a possibility of price reacting from the LTF 10min zone to simply continue pushing up what we already see as a strong bullish move. Further confluence to support this move is the EQH at the top of the 18H supply which is a strong indication that price will not respect this zone. What we are seeing here are both likely possibilities. the question remains is golds upwards push exhausted or does it need to grab liquidity in order to continue this upwards push? what we do now is gold continues to surprise us all and possibilities are endless....
OANDA:XAUUSDLong
by JamelCapital
Dollar index sellAs dollar index was bearish all the week and in my view it will remain bearish for the next week as Dxy is moving in a falling wedge in which it has completed its 4 waves over H4 to H1 TF and going to complete its last wave 🌊 E if this pattern is not a failed pattern then DXY will remian Bearish all the next week also we our team has observed that Dollar is Bearish on All timeframes from Monthly to weekly to Daily to H4 to H1 so we will be bearish for the next week as Geopolitics is concerned we can predict a downward move in dollar index Hope for the good 👍😊
TVC:DXYShort
by Wakeel_Saab
Gold OutlookAs gold was bullish all the week and we are also bullish for gold all the week but today it has shown us bearish move today we are still bullish but as due to fundamentals gold broke its support level to the downwards and seems and also has retested the same if gold sustains the downwards move after price action candle 🕯️ we will be bearish to 2630 level of support and then we are Bullish after taking support over 2630 as i am saying in all my anylisis that gold is bullish over Monthly to Weekly to Daily to H4 to H1 TF so we are bullish will be bullish over next week too hope for the good 👍😊
OANDA:XAUUSDLong
by Wakeel_Saab