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Gold is Roaming around , preparaing itself for bullish movementHello 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
8.20 Gold Operation AnalysisFrom the 4-hour chart, gold closed at the top of the candle at 2525 and hit the top. We just tested 2530 but pulled back to 2526 resistance and only made a profit of 3 points. It is currently hovering around 2525.
Buy point 2520, take profit 2520, stop loss 2515
Buy point 2528, take profit 2518, stop loss 2533
8.20 Gold Trend Analysis2500 Golden Era has officially stabilized and will move towards 2600 in the future
Gold fluctuated and jumped from a low of 2486 to 2510 during the European session on Monday
The bulls are still continuing today. Currently, the gold price is trading at a high of 2523. On the Bollinger Bands, gold is below the middle track. The hammer line is long. If it touches the bottom, it can be bullish
In addition to the geopolitical situation, everyone is currently pinning their hopes on the trend of gold on Friday when Fed Chairman Powell will give a speech on the economic outlook at the Jackson Hole Annual Meeting
Support level 2515 2510 2500
Resistance level 2525 2535 2550
8.19 gold operations analysisContinuing the trend of last Friday, gold has been above 2500 in the early trading and peaked at 2509. The next operation will mainly depend on the European trading session. At present, gold is still rising. If it can successfully break through 2510, then the upward trend of gold will be relatively large. Key points: Resistance level 2510 2520 2535 2550 If it falls below 2500, the key points are: 2490 2480 2475 2460 2450 Accurate signal I will notify you in the group in time, everyone remember to watch it on time
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.
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
Accumulating price zone - Gold has great momentum to increase⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) struggled to build on the previous day's gains, edging lower during Friday's Asian session. However, the downside appears limited. The positive mood in global equity markets is putting some pressure on the safe-haven metal. Even so, concerns about a potential Middle East conflict and expectations of an upcoming rate cut from the Federal Reserve (Fed) should help keep gold's losses in check.
Dovish Fed expectations have led to a slight pullback in US Treasury yields, preventing the US Dollar (USD) from fully capitalizing on Thursday's strong US economic data. This supports gold prices. Despite the dip, XAU/USD is still on track for modest weekly gains as traders await US macro data, including Building Starts, Housing Permits, and the Preliminary Michigan Consumer Sentiment Index, for further cues.
⭐️ Personal comments NOVA:
Gold price stuck in short-term sideways range 2425 - 2475, accumulating until September interest rate announcement
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2438 - $2436 SL $2433 scalping
TP1: $2442
TP2: $2450
TP3: $2460
🔥BUY GOLD zone: $2424 - $2422 SL $2417
TP1: $2430
TP2: $2440
TP3: $2450
🔥SELL GOLD zone: $2498 - $2500 SL $2505
TP1: $2490
TP2: $2480
TP3: $2470
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ 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
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.
Will gold prices continue to be short?There is definitely an opportunity to short the gold price. But you need to wait.
My current view is to continue buying. Then wait for the right opportunity to sell. Then make a good short trade.
I have made good profits continuously. I share it in real time every day. If you don’t know how to trade yet. Want to recover losses or expand profits. Remember to leave me a message.
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
Gold roller coaster marketOscillating trend, long positions take profits!
The US data has mixed impacts on both long and short positions. The US retail sales data for July was impressive, triggering a series of market fluctuations.
Personal operation analysis:
Support level: 2445 2435 2425
Resistance level: 2470 2477 2490
The above data can be used for reference. Comments are welcome
Gold SellAs we were watching gold very closely and it has broken down its bullish channel and also its global Resistance became Support lately now it has become support become resistance ,
we have also exprienced heavy news day today and seems like gold has decided it direction as we have seen a Bearish Momentum candle which has broken the support below now we are waiting for a proper price action as retest is almost complete over gold and we will be Bearish again for next week in gold
so fingers crossed lets wait and watch
8.15 Gold Trend AnalysisThe newly released industrial unemployment claims and retail sales did not meet expectations, which led to a significant negative impact on gold. Gold fell from 2469 to 2450 in an instant. This also happened to apply the short-selling stop-profit signal I sent in the group to be set at 2450.
In the data released in the past two days, gold has been mainly shorted, which also happened to be in line with the predictions of me and my team
In the future, I will also release the latest news every day. I hope everyone will pay more attention to the comments
I wish everyone can make their own profits in the market
If you have order losses and are not familiar with the market, please pay attention to me
Thursday's profit signals and strategies
#xauusd
Today is Thursday, August 15, 2024.
Gold has insufficient upward momentum after the release of yesterday's CPI data. It fell from 2480 to 2438.
Combined with Monday's gold rise from 2423 to 2477. The fluctuations in the past few days are huge.
Today we still adopt segmented trading.
Buy and sell at specific prices. There are considerable profits.
Sell gold:
#xauusd
sell1 2456-2452
sell2 2464-2468
sell3 2480-2484
Buy gold
buy1 2433-2438
buy2 2420-2424
buy3 2408-2412
Combined with the chart. When the price reaches a specific area. We can try to trade and make a profit.
Note: Two red areas are marked in the figure. If the price breaks through the area, we should trade with a light position. And the price of gold will have greater momentum.
If you make a profit according to my trading price. Or my trading analysis is helpful to you, please like me and join me.
I wish you all a smooth trading
What is Your Comment on this Gold Set up1H Time frame Break liquidity
And then also Broke Internal Liquidity
Which Create a Fair Value Gap and also a Breaker
Now price have retrace back to FVG
I think a nice place to short position
With a Risk/Reward Ratio 3.84
Cons: AGAINST TREND
Tell me what do you think about this set up
Did i miss anything
CPI - Can Gold Price Surpass ATH?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) faced fresh selling after a brief rise to the $2,472-2,473 area during the Asian session and fell for the second consecutive day on Wednesday. A positive mood in the equity markets is drawing investors away from the safe-haven metal. Additionally, some traders are adjusting positions ahead of the key US consumer inflation data, set to be released later today.
However, concerns about a broader Middle East conflict and expectations of a dovish Federal Reserve (Fed) should help limit further losses. Tuesday's data indicated that inflation is slowing, increasing the likelihood of deeper Fed rate cuts, which keeps the US Dollar (USD) near a one-week low and could provide some support to gold, making aggressive bearish moves risky.
⭐️ Personal comments NOVA:
Need to surpass ATH 2482, Gold price needs to create more liquidity, needs an adjustment period to continue increasing. CPI today, experts' expectations for Gold to decrease more
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2441 - $2439 SL $2434
TP1: $2455
TP2: $2470
TP3: $2485
🔥SELL GOLD zone: $2485 - $2487 SL $2490 scalping
TP1: $2480
TP2: $2470
TP3: $2460
🔥SELL GOLD zone: $2500 - $2502 SL $2507
TP1: $2490
TP2: $2480
TP3: $2470
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ 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