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Gold Monday Trading Strategies and Signals #xauusd Gold Monday Trading Strategies and Signals Hi everyone, today is Sunday, July 28. Last Friday, gold fell around 90-92 as I judged. I think everyone has won a huge profit. The morning operation of gold at the opening of next Monday is to sell gold at 2390-2392/2399-2402 respectively xauusd sell2390-2392, add positions and sell at 2399-2402. sl2405. After the signal is profitable for the first time. We can observe the trend of gold. At the end of the European session to the US session. The area we can trade is: sell2409-2412 2417-2419 buy 2371-2374 2351-2355 Wait for the price range to arrive and trade. You will get the ideal profit. If you trade according to my signal and make a profit. Please like me and join me. I update good signals and analysis every day. I hope that everyone can make huge profits by following the signals and trading on my charts.
FX:XAUUSDShort
by MaudEvans
Gold Analysis July 26Fundamental Analysis: Gold prices gained some positive momentum during the European session on Friday, seemingly snapping a two-day losing streak. Better-than-expected US Gross Domestic Product (GDP) data released on Thursday reinforced the view that the economy is holding up well. Gold has shown resilience below the 34-day simple moving average (EMA) on the H1, amid expectations that the Federal Reserve (Fed) will begin its rate-cutting cycle in September. However, upside momentum appears to be limited as traders await the release of the US Personal Consumption Expenditures (PCE) Price Index later on Friday for further clues on the Fed's policy path. Technical Analysis Gold is trading in a narrow range ahead of the PCE data. Initial resistance is at 2373-2375, created by the trendline and the falling channel formed in the morning. If this price channel is broken, the SELL zone at 2385 and 2400 is formed at strong resistance. In the opposite direction, the support zone may sweep and the liquidity zone at 2353 and we can scalp around the 2350 zone. The support zone is stronger at 2333. Pay attention to the strong ports to have a suitable news trading strategy. SELL zone 2400-2398 Stoploss 2404 SELL zone 2384-2386 Stoploss 2390 BUY zone 2335 - 2333 Stoploss 2330 BUY zone 2350-2348 Stoploss 2345
OANDA:XAUUSD
by TVS-Trader
The DOWN wave has formed - NF next week determines the trend✍️ NOVA hello everyone, Let's comment on gold price next week from 7/29 - 8/2/2024 🔥 World situation: Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the September meeting, following a soft inflation report. The XAU/USD trades at $2,385 after bouncing off daily lows of $2,356. The US Bureau of Economic Analysis (BEA) revealed that the Fed’s favorite inflation gauge, the Personal Consumption Expenditure Price Index (PCE), ticked a tenth higher monthly than May’s data. It dipped as foreseen in the twelve months to June, though it’s at the brisk of hitting the Fed’s 2% goal. 🔥 Identify: Gold price has formed a DOWN trend - wave 5 ELLIOT. Still in DOWN trend. NF data will largely determine the upcoming trend - before the interest rate cut information in September 2024 🔥 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: $2400, $2430, $2482 Support : $2355, $2320 🔥 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:XAUUSDShort
by Nova-Scalper
4
XAU/USDGold Spot (XAU/USD) Hourly Chart Analysis This hourly chart of Gold Spot against the US Dollar (XAU/USD) highlights key technical levels and potential price movements: Break of Structure (BOS): Two points are marked (one at the H4 timeframe) indicating significant shifts in market structure. Key Levels: Resistance Zones: Around 2,429.169 and 2,420.000. Support Zones: Approximately 2,376.500 and 2,368.500. Projected Price Movement: The chart suggests a potential bullish scenario with price likely to dip into the support zone around 2,376.500 before making a move towards higher resistance levels near 2,420.000 and possibly 2,429.169.
OANDA:XAUUSDLong
by Sarfraz-Khan
Will Gold Make Another ATH In August?As I Can See Gold Is On Descending Parallel Channel And Bottom Line Has Already Make the third Touch Last Week And Strong Bullish Power Was Shown Last Friday. And The Top Line of the Parallel Channel Has More then 4 Touches. There's a High Probability To Breck The Upper Trendline. If 4H Solid Candle Close Above The Trendline Will Confirm To Fly More Upside .But in The Beginning Of The Week Will Have Some Fake out Traps As well .Trade With Caution I'll Update LTF Analyze After Market Make The Move
OANDA:XAUUSDLong
by Mr_Scalper_117
The similarity between BTC and Gold will shock youWelcome all I checked the GOLD chart after hitting new ATH recently and I found big similarities with BTC both assets formed : 1- Accumulation phase 2- Stoploss hunt phase 3- And finally, GOLD made the uptrend phase and printed new ATH historically BTC has followed GOLD several times before (why not? it's the digital GOLD) if we followed the pattern of GOLD then BTC now should be on its way for achieving new ATH! DO U AGREE? If you enjoyed our style in trading and analysis, support our ideas by likes and comments
Long
by Babenski
25
PCE weekend news - Gold price tries to recover⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears constrained as traders await the upcoming US PCE Price Index release on Friday, which could signal the Fed's policy direction. This data will likely influence USD demand and inject new momentum into the non-interest-bearing gold market. ⭐️ Personal comments NOVA: Gold price H4 frame completes wave 5 ELLIOT, will sideways stabilize below 2400 creating more liquidity for the market ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2352 - $2354 SL $2347 TP1: $2360 TP2: $2368 TP3: $2375 🔥SELL GOLD zone: $2400 - $2402 SL $2407 TP1: $2390 TP2: $2380 TP3: $2370 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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
OANDA:XAUUSDLong
by Nova-Scalper
7
Gold price analysis July 24Fundamental analysis: Gold prices attracted some buying activity on Wednesday and recovered further from a more than one-week low touched on Monday. The momentum lifted the precious metal to fresh weekly highs around the $2,418 region during the Asian session and was backed by a combination of supportive factors. Growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September, along with US political developments, prompted some intraday selling around USD and acts as a driving force for Gold prices. However, traders may refrain from positive bets and prefer to wait for further signals on the Fed's policy path. As a result, the focus remains on US Q2 GDP data and the US Personal Consumption Price Index (PCE), expected on Thursday and Friday. Meanwhile, global PMIs will be looked at for short-term momentum. Technical analysis: From a technical perspective, this week's recovery from the $2,385 resistance level signals the end of the downtrend of recent days as wave 5 has ended and the abc wave of the elliot wave pattern has also ended. around 2411. The aforementioned 2385 area will now act as an important pivotal point, which if broken decisively will pave the way for deeper losses. Gold prices could then slide to the 61.8% Fibo level, around the $2,366-$2,365 area. On the other hand, any further upside move is likely to face some resistance near the $2,420-2,422 zone above which a fresh short squeeze could lift Gold prices to the $2,430-2,432 zone. Momentum could extend again to retest all-time highs, around the $2,482 region. Resistance: 2420 - 2431 - 2436 - 2450 Support: 2385 - 2375 - 2368 - 2360 SELL 2422 - 2420 stoploss 2425 SELL 2431 - 2433 stoploss 2437 BUY 2386 - 2384 stoploss 2380 BUY 2373 - 2375 stoploss 2369
OANDA:XAUUSD
by TVS-Trader
3
Gold price adjusts to DOWN trend ! NEXT WEEK✍️ NOVA hello everyone, Let's comment on gold price next week from 7/22 - 7/26/2024 🔥 World situation: Gold price dropped over 1.50% to around $2,400 on Friday, potentially resulting in nearly 1% weekly loss from its record high of $2,483. The XAU/USD stands at $2,399 after peaking at $2,447. This fluctuation is linked to China's underperforming economy and speculation of Donald Trump's election win strengthening the US Dollar, which is projected to close the week up by 0.26%. 🔥 Identify: Gold price reached a new ATH 2482 this week - an inevitable downward adjustment, the price increase momentum is still very large when the FED is about to cut interest rates and world military tensions are still high. 🔥 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: $2434, $2460, $2482 Support : $2357, $2320 🔥 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:XAUUSDShort
by Nova-Scalper
15
BREAK 2400 !! GDP factor causes Gold to DOWN⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) prolongs Wednesday's steep decline from the week's high, sustaining intense selling pressure for a second consecutive day on Thursday. This is the fifth negative move in the past six days, pushing the commodity to a two-week low, around the $2,370-2,369 region during the Asian session. Without a new trigger, the drop can be linked to technical selling after breaching the $2,385 support level. This decline may be mitigated by expectations of a dovish Federal Reserve (Fed) stance. ⭐️ Personal comments NOVA: Gold price dropped sharply in the long-term H4 frame - bears prevail, waiting for the nearest support zone $2350 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2350 - $2352 SL $2345 TP1: $2360 TP2: $2370 TP3: $2380 🔥SELL GOLD zone: $2410 - $2412 SL $2417 TP1: $2395 TP2: $2380 TP3: $2370 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
7
Gold shows signs of recovery and increases again☘️Fundamental analysis Gold prices showed uncertainty near key support at $2,400 during the European session on Monday. The precious metal remains on edge amid growing speculation that the Republican Party led by Donald Trump will win the United States (US) presidential election in November. Market experts see Trump's victory as beneficial for economic growth because he has promised to cut corporate taxes and interest rates. This has driven upside risks to consumer inflation expectations. Trump's growing margin of victory has improved the appeal of the US dollar. The US dollar index (DXY), which tracks the value of the US dollar against six major currencies, fell slightly to 104.20 on Monday after a strong recovery from a four-month low is 103.65. The yield on the 10-year U.S. Treasury note fell to 4.22%. Lower yields on interest-bearing assets reduce the opportunity cost of investing in non-interest-bearing assets, such as Gold. ☘️Technical analysis Gold prices trade in a narrow range near $2,400. This precious metal dropped near the EMA 89 of the 4 hour frame and is reacting bullishly. The 14-day relative strength index (RSI) dipped into the 40.00-60.00 range, suggesting the bullish momentum has stalled. However, the uptrend remains intact. The bullish position is ready to return if the 2400 support level remains intact after the close of the daily candle. Resistance: 2420 - 2431 Support: 2403 - 2397 - 2392 - 2382 SELL price range 2419 - 2421 stoploss 2425 BUY price range 2392 - 2390 stoploss 2386
OANDA:XAUUSD
by TVS-Trader
XAU recovers - retests the DOWN trend⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The cost of gold (XAU/USD) continues to rise from the overnight rebound near a one-week low, drawing additional buyers for the second consecutive day on Wednesday. This increase is supported by a weaker market sentiment, which typically favors conventional safe-haven assets, pushing the precious metal to a new weekly peak around the $2,415 mark during the Asian trading hours. Additionally, expectations that the Federal Reserve (Fed) will begin reducing interest rates in September further encourage investment in the non-interest-bearing gold. ⭐️ Personal comments NOVA: Recovery from Gold around 2420-2430, retest for more downside ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2385 - $2383 SL $2378 TP1: $2390 TP2: $2395 TP3: $2400 🔥SELL GOLD zone: $2432 - $2434 SL $2439 TP1: $2425 TP2: $2410 TP3: $2390 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
10
XAUUSD - 1H a modest rise before more fallOANDA:XAUUSD I anticipate a modest rise in gold prices from the current support levels, which should serve as a pullback before a further decline. The technical analysis indicates strong support at the bottom of the trading range and the current support level, suggesting a temporary upward movement. In the political arena, recent news that President Joe Biden has dropped out of the presidential race has significant implications. Vice President Kamala Harris has been introduced as his successor, altering the dynamics of the upcoming election. This shift has also led to a decrease in former President Donald Trump’s chances of reclaiming the White House. These political developments add a layer of uncertainty that typically benefits gold, a traditional safe haven asset.
OANDA:XAUUSDLong
by Sober_Trading
Gold Wednesday Trading Strategy XAUUSD, today is Wednesday, July 24. Gold broke through 2412. I think today gold may try to rise to the key price of 2429-2441 Give several suggested trading prices: Gold sell: XAUUSD sell: Sell 2426-2429 Sell 2438-2441 Gold buy: XAUUSD buy: Buy 2393-2396 Buy 2381-2384 These are the key prices that gold needs to break through, so I think these prices are suitable for trading profit, please trade according to the settings when the prices arrive.
FX:XAUUSDLong
by MaudEvans