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Goldlong

EURUSD BuyEurusd is consolidating over its 1 Hourly Resistance level and the volume is telling me that it will break above the resistance and will move to its daily Resistance level which is a clear buy but if it goes either way it will rally down to its Previous support but seems like it would rally up and break above the 1 Hourly Resistance level rally upwards to its daily global or physiological resistance level i would put my buys after breakabove retest and proper price action (bullish engulfing)
Long
by Wakeel_Saab
Gold Surges to New Highs: Will the Rally Continue or Reverse? By reviewing the latest #Gold chart on the 4-hour timeframe, we can see that on Friday, after reaching the target zone ($2471 to $2477), the price experienced only a brief negative reaction, which was quickly recovered, and finally managed to establish a new high, rising to $2509! Currently, there are no signs of a price reversal in this timeframe. To better predict and analyze gold's next move, we need to wait for a reversal pattern to emerge. Don’t rush into trading; wait for the price to stabilize! This analysis will be updated tomorrow before the New York session begins. This fast rise to $2509 relates to a prediction I made back on the 4th of December 2023, when gold was trading around $2067. At that time, I forecasted that gold might reach $2500 within the next five years. Yet, here we are, less than a year later, and gold has already hit that milestone! The speed at which this has happened has surprised even me. Over the months, we have seen several global events rapidly changing and increasing gold demand through: • Geopolitical Conflicts: Everlasting wars and increasing tensions shifted investors' interest to safe-haven assets like gold. • Political Instability: Shifting powers and unpredictable political landscapes make gold an attractive option. • Changes in Geographies: Global geopolitical realignments and territorial disputes have contributed to market vagaries. • High Global Inflation: The world has experienced great levels of inflation, making more and more people use gold to hedge their wealth. • Rising Consumer Prices: With prices soaring, gold has proven to be a favorite store of value. All these and more have combined to accelerate the rate of growth in gold well beyond our initial expectations. This is a very clear reminder of how uncertain the markets are and why we can only get ahead with constant updating of knowledge to new, adapting social and economic conditions; otherwise, we fall far behind. Let's continue to be well informed, adapt quickly, and catch the opportunities that are likely to come across us on our way. The future is so unpredictable, but with the correct mindset and strategy, for sure, we will certainly find our way through! For further context, check out my original analysis from December (2023) ! just click the chart below to dive in! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban ((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
OANDA:XAUUSD
by ArmanShabanTrading
1
Analysis of gold trend on August 19Last Friday, gold once broke through 2500 and finally closed above 2506. The overall price soared by more than 50 US dollars, setting a record high. This price surge is not just a jump in numbers, but also the result of the combined effect of market sentiment, macroeconomic data, geopolitical tensions and monetary policy expectations. In addition, central banks of various countries are also very enthusiastic about gold. Analysis of gold trends this week! There is not much data released in the international news this week. Except for the war between Russia and Ukraine, there is not much movement in the Middle East. Gold may rise and fall and then go sideways for a long time. The specific situation is of course subject to the trend of the market. My analyst team and I will announce the accurate signal in my channel.
TVC:GOLD
by David_strategy
Officially reached over 2500! NEW XAU ATH✍️ NOVA hello everyone, Let's comment on gold price next week from 8/19 - 9/23/2024 🔥 World situation: Gold (XAU/USD) surged to a new record high above $2,490 on Friday during the US session as investors remain confident that the Federal Reserve (Fed) will cut interest rates in September, despite Thursday's stronger-than-expected Retail Sales data. Earlier in the day, gold had pulled back after testing a key resistance level around $2,470, a point it struggled with earlier in the week. The pullback was driven by the July US Retail Sales report, which showed a 1.0% month-over-month increase, far exceeding the 0.3% forecast and reversing June’s revised 0.2% decline. 🔥 Identify: Gold price hits all-time high of 2509. Optimism for all markets as September interest rates near 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2531, $2560 Support : $2490, $2465, $2430 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
1
XAUUSD Bullish momentum started again**Monthly Chart** XAUUSD monthly candle closed as doji due to the sideway movement of this pair between the High 2387.78 and low 2286.83 levels. This has created indecision bias in the market. Due to geopolitics reasons, this pair has strong momentum to move higher in the next few months. Therefore, we shall assess this pair near supply and demand zones for better risk-to-reward trades. XAUUSD has reached a new record high this month at 2,483.74 on 17th July 2024. However, this monthly candle is still active and bullish. This still confirmed the long-term bias is bullish for Gold. Last week, we saw a big selloff in XAUUSD for profit-taking after it reached a new record high. While the long-term outlook for the XAUUSD (Gold) is still bullish. **Weekly Chart** Last week's candle closed bearish after testing the midlevel of the previous week's key reversal. It has also tested the IPA of the 1st July 2024 week at 2,353.195 before moving higher. This has confirmed that the sell-off was completed and the buyers are entering the market as it pushed XAUUSD higher. **Daily Chart** Last week's move was a continuation of the previous weekly sell-off move and only tested the relative daily low at around the 2,353.19 level before it turned around and started a bullish move. For this week I expect to continue to be bullish and we will probably see a new high formed above 2,500 level in the coming weeks.
OANDA:XAUUSDLong
by PropSignals
Bitcoin's Golden Opportunity Lost? Bitcoin's price has been struggling to gain traction, even as traditional safe-haven assets like gold have surged to unprecedented heights. The yellow metal recently eclipsed the $2,500 per ounce mark for the first time ever, a testament to its status as a hedge against economic uncertainty and inflation. In stark contrast, Bitcoin has been trading sideways, raising questions about its suitability as a digital gold. The divergence between Bitcoin and gold is a stark reminder of the challenges facing the world's largest cryptocurrency. While often touted as a digital equivalent of gold, Bitcoin's price behavior has not mirrored the precious metal's performance. This disconnect has fueled skepticism among investors who once saw Bitcoin as a reliable store of value. Gold's rally is underpinned by a confluence of factors, including geopolitical tensions, inflationary pressures, and a weakening US dollar. These conditions typically drive investors towards safe-haven assets. However, Bitcoin has failed to capitalize on this trend, suggesting that it may not be as immune to broader market forces as many had hoped. Some analysts attribute Bitcoin's underperformance to a combination of factors, including regulatory uncertainty, the ongoing bear market, and the lack of clear catalysts for price appreciation. The cryptocurrency market has been plagued by volatility, and Bitcoin has not been immune to these fluctuations. Despite the recent price weakness, Bitcoin remains a divisive asset. Bullish investors continue to believe in the long-term potential of the cryptocurrency, citing its underlying technology and the growing adoption of digital assets. They argue that the current downturn is a buying opportunity and that Bitcoin will eventually resume its upward trajectory. However, skeptics contend that Bitcoin's price is largely driven by speculation and that the cryptocurrency lacks the intrinsic value of gold. They point to the fact that Bitcoin is a relatively new asset class with a limited track record, making it a risky investment. As the crypto market continues to evolve, the relationship between Bitcoin and gold will be closely watched. If Bitcoin fails to demonstrate its ability to function as a reliable store of value, it could face challenges in attracting institutional investors and gaining widespread acceptance as a legitimate asset class. Ultimately, the future of Bitcoin remains uncertain. While the cryptocurrency has the potential to disrupt the financial system, it must overcome significant hurdles to realize its full potential. Disclaimer: This article is for informational purposes only and does not constitute financial advice. It is essential to conduct thorough research or consult with a financial advisor before making investment decisions.
OANDA:XAUUSDLong
by bryandowningqln
Gold (XAUUSD) Monthly Chart BULLISHThere is a great BULLISH setup on the Gold Monthly chart. It's a long-term trading opportunity. There has been a descending trend line which has been broke to the upside and re-tested. The market has bounced off this trend line with force. A strong area of resistance has been re-tested many times. The price moved strongly above this area and is about to close out the month, making it a support area moving forward. ENTRY = 1990 TAKE PROFIT = 2500 STOP LOSS = 1790
TVC:GOLDLong
by EACoders
3
XAUUSD H12 Idea BULLISH 2500 PotentiallyGold Prices — Anticipation of U.S. Inflation Data and Geopolitical Tensions - Gold prices edged higher on Monday, driven by anticipation of U.S. inflation data and the potential for a Federal Reserve rate cut. Investors are closely watching the upcoming Producer Price Index (PPI) and Consumer Price Index (CPI) reports, which are expected to show modest increases in wholesale prices and a continued decline in consumer inflation. - The data will be crucial in shaping the Fed's monetary policy decisions, with market sentiment currently suggesting a nearly 50% chance of a 50 basis points rate cut in September. - Geopolitical tensions, particularly near Ukraine's border and in the Middle East, are also supporting gold prices, reinforcing its status as a safe-haven asset. U.S. Treasury yields rose slightly on Monday as the market braces for the impact of the inflation data, which could signal the Fed's next move on interest rates. Technical View - From a technical perspective, gold is solidifying above the support level at $2,440, with major support at the 50-day moving average of $2,373.23. The daily chart suggests that the market could soon test resistance at $2,483 and $2,490. However, if the 50-day moving average fails to hold, a significant price drop of up to $100 could occur. The overall outlook remains bullish, with the potential for gold to challenge previous record highs if inflation data aligns with market expectations.
FX:XAUUSDLong
by GOLDFXCC
Gold is Ready For Bull after testing the major support areaHello 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
OANDA:XAUUSDLong
by ForexMasters2000
+718.00 USD Profit | Gold Creates New ATH (2500)I don't know anyone who would complain about making 700 usd in one day and I am not about to either, I'm quite happy with that as It is more than I asked for so I will be stopping here. That being said, Gold continues to create new higher highs and break new boundaries. I also would not be surprised if gold attempted to breach 2500 either I did cover all of this live as well in my group BEFORE the fact and on the record so feel free to join that. Other than that, have a good one today guys
FOREXCOM:XAUUSDLong
by Brandon_evo4
Analysis of gold trend on August 16If you only make orders based on data and don’t understand the market logic behind it, your transactions will always be slower than before. From the 4-hour chart, gold has also reached the middle Bollinger Band and the downward trend is more obvious. Referring to international information, the support power of gold in the later period is obviously insufficient. The US dollar seems to be rising strongly. Gold is currently in high volatility. Personal Operation Analysis 2440 Buy 2455 Take Profit Stop Loss 2435 2463 Short selling 2450 Take profit Stop loss 2470
TVC:GOLD
by David_strategy
Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD ! So is gold a good long-term investment? In my view, the short answer is YES . Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value. If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3. What's particularly noteworthy is how well the technical indicators have aligned throughout this process. The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years. Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5. Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026. Only time will tell! Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
CAPITALCOM:GOLDLong
by WOLFofBlockStreet
2
Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD ! So is gold a good long-term investment? In my view, the short answer is YES . Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value. If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3. What's particularly noteworthy is how well the technical indicators have aligned throughout this process. The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years. Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5. Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026. Only time will tell! Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
CAPITALCOM:GOLDLong
by WOLFofBlockStreet