Xauusd The daily chart for XAU/USD offers a neutral-to-bullish stance, with the pair still meeting intraday buyers around a bullish 20 Simple Moving Average (SMA). Technical indicators, in the meantime, lack directional strength, with the Momentum indicator stuck around its 100 line and the Relative Strength Index (RSI) indicator consolidating at around 58. Finally, the 100 and 200 SMAs keep grinding higher, far below the current level, limiting the bearish potential in the wider perspectiv
Gold now sell 2516
Support 2500
Resistance 2525
Goldshort
GOLd possible short for 2465 & 2440Last weekly bar of the month of August in Gold is Inside bar. Range confined within the range of the previously weekly bar. First weekly bar of the month of September is Insurance bar, broker below the Inside bar low which confirmed further weakness ahead. selling zone for gold is 2517-26. stop loss above the previous two weekly bars high i.e. 2534. Target: 2465 (price may reverse back from there as a correction before further fall), next target level is 2440.
Xauusd chart The yellow metal’s price looks poised to rebound to the $2,531 all-time high if it can keep up the bullish recovery momentum.
An upside target for Gold, which has not yet been reached, sits at $2,550 and remains active. The target was generated after the original breakout from the July-August range on August 14.
Gold now buy
Support 2540
Resistance 2500
Gold Demand Surges in Asia as Local Currencies Weaken the gold market is expected to maintain a soft upward trend. This projection is supported by several factors, including technical indicators showing positive momentum that isn't yet in the overbought zone, suggesting that the path of least resistance is upward.
In the short term, the price of gold is likely to stay around the $2,500 level, with possible resistance at $2,480 and support near $2,430. If there is a significant pullback, it could be viewed as a buying opportunity, especially if prices dip towards these support levels. However, a break below $2,400 could indicate a deeper correction
Overall, the gold market is showing a bullish bias, with the possibility of prices continuing to rise throughout the month, influenced by ongoing geopolitical tensions and economic uncertainties
SELL XAUUSDEarlier I shared to sell XAUUSD but since the market haven't reached our entry, and it came to our BB, that means the market is now heading towards the liquidity area to make the next move.
**The analysis is a little bit late since I can't share it at the same time I'm giving it to my customers.
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GOLD → it is on widening patternhello guys.
as you can see gold is forming a fake divergence on the RSI indicator!
on the other hand, it is forming a widening pattern too.
we can wait until the pattern breaks or we can get a short position on the upper yellow area.
the target is $2470.
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Gold and important resistance $2,600In the monthly time frame, we see the formation of a descending angle pattern. The ranges of 2,500 and 2,600 dollars can be considered as the main resistances of gold. It is expected that after the price hits the ceiling of the corner pattern, we will see correction and fall in gold.
Xauusd sell Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now sell 2502
Support 2480
Resistance 2515
Confirm signal
Will Gold Prices Bounce Or Slide?The gold market is currently experiencing high volatility, making it essential to exercise caution. Key levels to watch:
- Break above 2523: Potential buying opportunity
- Break below 2518: Potential selling opportunity
Traders are advised to closely monitor these levels and adjust their strategies accordingly. Stop-losses (SLs) are recommended to mitigate risk.
Stay vigilant and adapt to market changes to capitalize on potential trading opportunities.
Xauusd Gold consolidates before a sustained break above $2,530
Gold price has returned to the red but remains within this week’s familiar range above $2,500 early Wednesday. Gold price replicates the negative action seen during Tuesday’s Asian session, awaiting speeches from US Federal Reserve policymakers for fresh hints on the interest-rate outlook.
Gold buyers need to recapture the record high of $2,532 to take on the next key barrier at the $2,550 level.
Gold now buy 2510
Support 2515
Support 2520
Support 2532
Resistance 2500
GOLD - still valid short ? what's next??#GOLD - so far market perfectly holding our resistance region that was discussed in our video analysis.
and guys keep in mind that that is still valid short and until market holding our above resistance region.
IT WILL NEVER EVER BREAK OR CLEAR 2535 BEFORE ANY NEWS FROM WAR SIDE OR UNEXPECTED INTEREST RATE SIDE.
keep close and don't go for a long , yes you can do it for scalp or in shorter time frame.
stay sharp.
good luck
trade wisely
Xauusd chart Gold (XAU/USD) trades up into the $2,520s on Monday, as a combination of safe-haven demand sparked by rising geopolitical tensions in the Middle East, and increased confidence US interest rates will track lower in the medium-to-long term, make the non-interest paying asset more attractive to investors.
Gold buyers need to recapture the record high of $2,532 to take on the next key barrier at the $2,550 level.
Gold has been considered a highly valuable commodity for millennia and the gold price is widely followed in financial markets around the world. Mostly quoted in US Dollars (XAU/USD), gold price tends to increase as stocks and bonds decline. The metal holds its value well, making it a reliable safe-haven. It's traded constantly based on the intra-day spot rate. Improve your technical analysis of live gold prices with the real-time XAU/USD chart, and read our latest gold news, expert analysis and gold price forecast.
Gold now buy 2522
Support 2530
Support 2544
Resistance 2512
Resistance 2500
Gold short If the new record high of $2,510 is reclaimed on a sustained basis, the next relevant topside target is seen at the $2,550 level. Acceptance above the latter could challenge the $2,600 round level en route to the triangle target, measured at $2,660.
In light of the dovish Fed expectations, Gold price rallied to a fresh record high of $2,509 on Friday, further supported by rife tensions in the Middle East. An imminent Iranian attack on Israel loomed, as Hamas mulled over ceasefire talks with the latter.
Gold now buy 2501
Target 2510
Target 2530
SL 2480
Sale of gold at the current priceOn the monthly chart earlier gold overcame a trend line (2143) up. However growth strongly slowed down, indicators showed a turn down long ago. I expect return of the price to a trend line in the nearest future.
Sale = 2394
Purpose = 2171
Information provided is only educational and should not be used to take action in the market.
+$380 Dollars on Gold TodayYes gold is bullish, yes I sold gold, yes I took 2 losses, Yes I am still in profit at the end of the day.
The more I grow as a trader the more I realize that it is much more about what decisions you make as opposed to just what trades you take.
Yes the trades you take are important but ultimately you have to make a decision to take that trade in the first place right?
Have a great rest of your day guys