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Goldlongsetup

Analysis of gold market trend on August 14The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly annual rate released at 20:30 Beijing time today If the data is lower than expected, then gold, as the traditional safest safe-haven asset, will have the hope of hitting the historical high. On the contrary, it may fall below 2400 points Before the release of this data, what do you think of gold? Everyone is welcome to actively express your views
TVC:GOLD
by David_strategy
7 Dimension 1:8 RR Sell Idea for GOLD Core Analysis Method Smart Money Concepts 😇 7 Dimension Analysis Time Frame: 15 min 1: Swing Structure: Bearish with CHOCH after taking inducement. The impulsive swing move is finished and now moving towards the decisional OB as a pullback, about to mitigate the decisional POI OB at the initial point of the premier zone. We will take a sell entry using the classic SMC entry model. After the breakout, this is also a CIP area. 2: Pattern 🟢 CHART PATTERNS Reversal: V-shape pattern indicating possible reversal from here and a rectangle pattern is also observed. Shakeout. 🟢 CANDLE PATTERNS Not any significant candle pattern observed except for a tower top. 3: Volume 🟢 A big difference is seen during the impulsive move and the correction move in terms of volume. No buy-side volume indicates another sharp sell move is expected. 4: Momentum RSI 🟢 Fully intact in the bearish zone, taking resistance at the 60 level, indicating another range shift. This impulsive move ended as loud moves, which is a very strong signal for a sell. Also, a Grandfather-Father-Son entry with H4 as GF. 5: Volatility Bollinger Bands 🟢 Very tight contraction just started, indicating a strong squeeze breakout and walking on the band. A headfake also took place right at the upper band, and a BB W pattern is observed. 6: Strength ADX Right now, totally sideways. 7: Rating: ⭐⭐⭐ 50% Probity (because of the decisional OB entry) ✔️ Entry Time Frame: 15M ✅ Entry TF Structure: Bearish CHOCH ☑️ POI: Decisional OB 💡 Decision: Sell limit 🚀 Entry: 2419 ✋ Stop loss: 2429.5 🎯 Take profit: 23.4 😊 Risk to reward Ratio: 1:8 🕛 Expected Duration: 1 day SUMMARY: The analysis indicates a sell position based on Smart Money Concepts methodology, with structure, patterns, volume, momentum, volatility, strength, and sentiment all pointing towards a bearish move.
OANDA:XAUUSDShort
by Optimum369
8.13 Gold Analysis,Get ready for gold to reach an all-time high and break through 2500 On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460 If Iran launches a large-scale military attack on Israel, the price of gold will also rise This week, the release of US CPI data will be a key event in the market. If CPI is lower than expected, the historical high of gold at 2500 will be just around the corner Before the arrival of CPI on Wednesday, gold may fluctuate sideways and will be adjusted downward So everyone should be cautious when entering the market Resistance level 2468 2477 2490 2500 Support level 2455 2445 2410 2400 What do you think of the trend of gold? Welcome everyone to like and comment
TVC:GOLDLong
by David_strategy
#XAUUSD/H4 CPI today determines the long-term trend of GOLD.Analysis of the European - US session on August 13, 2024: On the second day, we have seen a strong increase in all sessions. Gold has approached the old peak area. Today's CPI news will determine whether a triple peak pattern will form and whether there will be a deep correction. A reversal creating a peak has appeared on H4. The trading trend today is mainly BUY. But caution is required in sensitive price zones like this. Price areas to watch: Zones 2430-2434; 2444-2447 and 2481-2486. Recommended orders: Plan 1: BUY XAUUSD zone 2430-2433 SL 2427 TP 2440 - 2450 - 2470. Plan 2: BUY XAUUSD zone 2444 - 2447 SL 2441 TP 2452 - 2460 -2470. Plan 3: SELL XAUUSD zone 2483 - 2486 SL 2492 TP 2475 - 2450 - 2430 - open.
FX:XAUUSD
by wetdyerap
Gold Buys!!! ### **Analysis:** - The chart shows a bullish scenario where the price has broken out above a descending trendline, indicating a potential reversal to the upside. - The price has retraced to the 0.618 Fibonacci level around 2,440, a strong area of support that aligns with the 200 EMA (black line). - The 50 EMA (red line) is turning upwards, suggesting bullish momentum is building. - There is a clear bullish flag or pennant pattern forming, which typically precedes a continuation of the uptrend. ### **Trade Idea:** **Direction:** Buy (Long) #### **Entry:** - **Buy Entry:** Consider entering a long position around the current price level of 2,440, as it is bouncing off the 0.618 Fibonacci level, which is a strong support zone. #### **Stop Loss:** - **Stop Loss:** Set the stop loss just below the 0.5 Fibonacci level and the recent swing low around 2,429.60. This area should provide enough room for the trade to develop while protecting against a potential reversal. - **Stop Loss Price:** 2,429.60 #### **Take Profit:** - **Primary Target (TP1):** The first take profit target can be set at the 0.786 Fibonacci level around 2,457.13. This aligns with the next resistance level. - **Secondary Target (TP2):** The ultimate target is set at the 1.618 Fibonacci extension around 2,537.83, which represents a significant bullish continuation. #### **Price Levels:** - **Entry:** 2,440.00 - **Stop Loss:** 2,429.60 - **Take Profit 1:** 2,457.13 - **Take Profit 2:** 2,537.83 ### **Conclusion:** - **Buy:** Enter long around 2,440 with targets at 2,457.13 and 2,537.83. - **Risk Management:** Ensure that your position size is appropriate for your risk tolerance, aiming for a favorable risk-reward ratio of at least 1:2. This setup is based on the technical indicators and patterns observed in the chart. It's essential to monitor the trade closely, especially around key support and resistance levels, and adjust your strategy as the market evolves.
OANDA:XAUUSDLong
by Sthesh_Don_Billiato
XAUUSD/H4 The development of the US session, psyche before newsExpectations for the US session on 8/8/2024: The Asia-Europe session is mainly sideways in the 2392-2400 area. This is a sign of accumulation awaiting the US July Unemployment Rate. In terms of technical analysis: the downward trend correction is still being maintained, a recovery from the 2380 area could form peaks in the 2410-2413 or 2427-2434 areas. Price levels to note: SELL: 2400-2404, 2410-2413, and 2425-2434; BUY: 2367-2371 and 2351-2355. Recommended orders: Plan 1: SELL XAUUSD zone 2410-2413 SL 2416 TP 2400 - 2390 - 2377 - 2355. Plan 2: SELL XAUUSD zone 2427-2430 SL 2435 TP 2415 - 2400 - 2377 - 2355. Plan 3: BUY XAUUSD zone 2375 - 2377 SL 2370 TP 2390 - 2400 - 2410.
FX:XAUUSD
by wetdyerap
Gold Trend AnalysisContinuing the plunge in stock markets on Monday, gold also headed for a low. The reason is that the market's expectations for the Fed to cut interest rates by 50 basis points in September have declined. The yield on the 10-year U.S. Treasury bond has risen to 3.94%. These two pieces of information have undoubtedly greatly weakened traders' confidence in entering the market. However, as a traditional safe-haven asset, gold has performed well amid geopolitical tensions and concerns about a global recession. Continued tensions in the Middle East and concerns about the outlook for the global economy have provided support for gold. At the same time, data from the People's Bank of China showed that gold reserves at the end of July were the same as the previous month, showing the central bank's stable demand for gold. Support level 2430 2450 Resistance level 2395 2385 2370 What do you think of the trend of gold? Welcome everyone to follow and comment
TVC:GOLD
by David_strategy
Gold prices will once again fall to a new bottomGold prices are about to hit a new low, if you are buying you need to delay The position of 2370-2365 as a buying point can make some profits. As I said before, the pressure on the short-term upside is too great. Today in New York time, gold prices failed to rise several times. The first attempt was to break through 2398. The second attempt was to break through 2403. Both were suppressed by the short trend. And there is no more news to push the gold price to continue to rise. So the operation is still mainly short-selling. If the price reaches my expected position, you can make a super short-term rebound. TVC:GOLD COMEX:GC1! FOREXCOM:XAUUSD
TVC:GOLDShort
by Eddy_Wealth
Short first and then buy. This is the next trading plan.The gold price in the London market did not break through the 2317 position. It just maintained fluctuations for several hours. The operating space is very small, but going long is still profitable. The New York market is about to open. See if the gold price will pull back to around 2400 points. If it is, you can start buying. Maintain the position around 2400. Aggressive players can rely on the position above 2410 to sell and get some small profits first. The reasonable buying point is around 2400-2404. When the shorting reaches the expected level, the position can be closed. Then wait for the opportunity to buy. FOREXCOM:XAUUSD COMEX:GC1! TVC:GOLD OANDA:XAUUSD
TVC:GOLD
by Eddy_Wealth
XAUUSD: Gold prices are bound to reboundLast week I said that the price of gold will continue to rise this week. After the opening, the price of gold rebounded to around 2460. On Monday, the London market predicted that the price of gold would fall again. Then the short position made a profit again. At the same time, it was said that if the price of gold fell to a low level in the New York market, it could continue to be bought. Sure enough, the New York market continued to create new lows for the price of gold. And it reminded investors with large funds to continue to buy. The price of gold finally stabilized at 2366 and rebounded sharply by 30+ US dollars. Today's profit once again set a new intraday high. If you are a buying investor. The current order is in a loss state. Don't panic. Just follow my precise signals for precise trading. You don't need to have a good trading mentality. No matter how aggressive you are. Or you are a steady player. Just strictly follow my precise instructions. You can simply expand profits or recover losses. TVC:GOLD FOREXCOM:XAUUSD OANDA:XAUUSD COMEX:GC1!
TVC:GOLD
by Eddy_Wealth
xauusd:It will rise again next week!All the strategies I sent this week are profitable. Shorting gold after the release of NFP data today has made huge profits again. But I predict that gold will rise again after reaching the support position next week, because DXY will continue to fall, which will further drive gold up. If your current account is still facing losses or there are orders to be processed, you can leave me a message and I can help you solve it. I will send more accurate strategies in the future to help you make greater profits. Keep paying attention to me, there will be accurate signals every day!
TVC:GOLDLong
by Eddy_Wealth
Who has been losing money in this market? After the release of the non-agricultural data, the gold price first rose sharply by 20 US dollars to 2477. Then it quickly pulled back under the huge shock at the high level. It pulled back to 2456 again. Then it rose to 2477 again. It repeatedly rushed up and fell back twice. Obviously, the upward momentum was insufficient and it could not refresh the previous high again. Finally, after a short-term narrow fluctuation, it fell sharply. The current price is 2419, and the lowest price dropped to 2413. The overall gold price has gone through a roller coaster market. The wonderful dealers absorb funds and then control the market, and the poor retail investors suffer. I only operated twice in two consecutive tug-of-wars. The overall profit is still relatively ideal. As of August 2, 16.20 in the afternoon. The current operation has almost no failure. I used an account of 216.86k to trade before, and I have withdrawn 186.71k. It just caught up with such a big market once a month. when there is a big market, it is time to make money. Just a simple sharing. This Friday is wonderful. My members must feel the same way. Because they witnessed it all happen. Additional suggestion: If the gold price falls to the range of 2406-2399, I will consider buying. COMEX:GC1! TVC:GOLD OANDA:XAUUSD
TVC:GOLDLong
by Eddy_Wealth
In such a market, you can make money no matter how you trade.The sharp decline in global stock markets has provided strong support for the decline in gold prices. Although there was no expected interest rate cut last week, the market strengthened again after a high and then fell back. It is the same as my personal expectation. Friends who follow me know that I said my thoughts in advance last Friday. Continue to be long gold prices. The highest gold price in the Asian market reached 2460. It fell back to 2421 during the session and encountered support. Gold prices rose again in the London market. The current price is stable at 2433. In terms of operation, you can continue to sell high and buy low without sending messages. If the price is low before the New York market arrives, I think you can continue to increase your efforts to buy. Still the same. Investors with large funds can directly enter the market in advance to ambush. A new release channel has been created. Remember to keep paying attention. As a good reference guide. If you are not in a good mood and you can't trade, leave me a message to get accurate trading details. After all, I am sent by God to save those who continue to lose money in the market. People who follow me know that I have hardly suffered any losses so far. COMEX:GC1! COINBASE:BTCUSD TVC:GOLD OANDA:XAUUSD
TVC:GOLD
by Eddy_Wealth
1-Hour Chart AnalysisVisit fourtrades website for more insight The 1-hour chart shows a clear uptrend with gold trading within an ascending channel. The price has recently tested the upper boundary of this channel and is now experiencing a minor pullback. A critical support level to watch is around $2,430, marked by the lower trendline of the ascending channel and previous price action. Key Observations: Support: $2,430 Resistance: $2,472 Potential Scenarios: Bullish Continuation: A bounce off the lower trendline could see the price retest the $2,472 resistance level. Bearish Correction: A break below the $2,430 support could lead to further downside, potentially targeting the next support level around $2,400.
TVC:GOLDLong
by FourtradesTV
The price of gold will continue to rise after the callback. Powell said that the probability of the next interest rate cut is very high. The gold price rose accordingly. At the same time, the news from Iran. Counterattack is only a matter of time. Once again pull the market sentiment. Risk aversion continues to rise. Cause gold to rise again. The highest reached 2450. After the opening, gold maintained at the 2446 line and continued to fluctuate. Intraday trading plan: Buy on callback. Wait for the increase of risk aversion. First pay attention to whether there is effective support at 2440-2443. COMEX:GC1! OANDA:XAUUSD TVC:GOLD
TVC:GOLDLong
by Eddy_Wealth
London market. Buying gold is the main activity. London market. Go long on gold at around 2368-2371. Target is around 2383. Ultra-short-term trading looks for a trend rebound. I am EDDY. Senior Financial Analysis Consultant. I have experienced the financial crisis, the stock market crash, and the market circuit breaker. The current trading opportunities in the market are much better than before. There are many trading opportunities every day. I have been observing investors in the market for a while. I can't bear to see some people in the market continue to lose money because they don't know how to trade. So I plan to continue to share my operating ideas for a while for your reference. If you are still confused about the trading market, you can continue to pay attention to my updates. OANDA:XAUUSD TVC:GOLD BINANCE:BTCUSDT TVC:DXY
TVC:GOLDLong
by Eddy_Wealth