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Goldsignals

XAUUSD Top-down analysis XAUUSD is in all time high. Monthly : Historically GOLD is bullish we see market just has broken out of the previous monthly high and currently approaching a new level. As the momentum is high, this week we may see further upside. Weekly: After back to back 2 weeks of bullish momentum, this week we have seen that market again started to bounce back up with strong bullish engulfer. As Weekly price is in expansion face we may see this week as well a bullish momentum. 15min : This is the timeframe I will be intending to enter the trade. We can identify the support trend line will be waiting for a potential break of structure to the support for entry as explained in the video.
OANDA:XAUUSDLong
by ForexWizard01
XAUUSD, Healthy Pullback, expect further declineSell XAUUSD at 2720 target 2685. We're observing a healthy pullback in XAUUSD after a strong rally. This presents a good opportunity to sell. Here are the reasons why we expect XAUUSD to continue pulling back next week: * Overbought Conditions: The RSI and other overbought indicators suggest that XAUUSD is currently overbought. This often leads to a correction or pullback. * Profit-Taking: Many traders who bought XAUUSD during the recent rally may be taking profits now, contributing to the downward pressure. * Technical Resistance: XAUUSD has reached a significant technical resistance level near 2720. This level may act as a barrier to further upside movement. #XAUUSD #Gold #Pullback #TechnicalAnalysis #Trading
FX:XAUUSDShort
by Yforex123
1
Gold Analysis==>>Correction!!!Gold moved as I expected✅ in the previous post . In this post, I also use the Bollinger Bands Indicator , it seems that Gold reacts well to the lines of this indicator. So as long as Gold reacts to these lines, you can use this indicator . Gold is currently moving in the Resistance zone($2,686-$2,670) and managed to break the Uptrend line . According to the theory of Elliott waves, gold seems to have completed wave 5 . The Gold chart shows three Regular Divergences(-RDs) . One of the most reliable is the Regular Divergence(RD-) in Bollinger Bands Indicator ( Divergence sell signals mostly form at the end of an upward trend, where the price chart forms a peak above the Bollinger upper band and another peak after, below the upper band. ) I expect Gold to drop to at least $2,652 after breaking the Support line . 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
11
XAU/USD : IMPORTANT Pre Market Analysis (READ THE CAPTION)Currently, the price of gold is hovering around **$2656.99**. Recently, gold has seen a slight increase, driven by several factors such as inflation concerns, recent CPI and PPI reports, and geopolitical tensions. Key Influencing Factors: 1. Persistent Inflation: Recent CPI and PPI reports show that inflation remains slightly above expectations, keeping gold in demand as a safe-haven asset. 2. Interest Rates: Expectations around interest rate cuts have stabilized, which increases gold's appeal as a non-yielding asset. 3. Geopolitical Tensions: Ongoing global political instability, particularly in regions like the Middle East, is adding upward pressure to gold prices. Technical Analysis: • Resistance Level: If gold prices break above $2685, there could be further bullish momentum. • Support Level: On the downside, key support zones include $2636-$2642, $2628-$2630, and $2620, which should be closely monitored if the price declines, as strong demand in these areas could lead to a reversal. Outlook: Given the economic and geopolitical landscape, gold remains in a bullish trend. Traders should keep an eye on economic reports and geopolitical developments as any increase in uncertainty could further boost gold's price. This sets the stage for today’s market session, with potential for continued upward movement. 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
FOREXCOM:XAUUSDLong
by ArmanShabanTrading
67
GOLD BUY FORM HERE FOR NEW ATH !!Hello how are you doing friends and traders I am watching GOLD CAREFULLY after Jackson Holes Fed announced a rate cut in Sep 2024 technically gold is showing us more bullish weeks ahead after Fed cut 50BP or 25BP sign for more rates cut in coming months... If we see a Fib retrace after ATH till Golden Fib Ratio 0.5 then it's time to retrace if we see good NFP incoming week with good data output it can hit given sell targets and in mid Sep when Fed Cut rates we expect a bull move in commodities as we saw in previous rate cuts and incoming US Election an opportunity for this year it is just analysis on base of fundamental and technical view do a proper search before entering any trade...
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
6
Gold Analysis==>>Bollinger Bands!!!Gold ( OANDA:XAUUSD ) moved, as I expected in my previous post . Gold is moving near the Resistance zone($2,686-$2,670) and within the Bollinger Bands Indicator ( we can consider the upper and lower lines as Support and Resistance ). What is Bollinger Bands Indicator!? Bollinger Bands is a technical indicator used to measure market volatility. It consists of three lines: Middle Band: A simple moving average . Upper Band: Two standard deviations above the moving average. Lower Band: Two standard deviations below the moving average. When prices hit the upper band, the asset might be overbought; hitting the lower band suggests it could be oversold. Tight bands indicate low volatility, while wide bands show high volatility. It helps identify potential entry and exit points in the market. According to the Elliott wave theory , Gold seems to have completed 5 impulsive waves . We should expect the Corrective waves to finish and Gold to start increasing again. I expect Gold to start rising again after hitting the lower line of the Bollinger Bands or 50% Fibonacci line and attacking the Resistance lines . 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
1
XAUUSD Potential Up Trend ContinuationWith no high-impact news today, the market is likely to stay in sideways movement until tomorrow. However, sudden developments from the Middle East could introduce volatility, especially for gold. Currently, the market appears choppy, forming a triangle pattern. If the price moves below Friday's low, the triangle may evolve into a bullish flag pattern. Despite the sideways action, the market continues to show bullish signals from both technical and fundamental perspectives. The mid-term target is the resistance zone around 2685
OANDA:XAUUSDLong
by RTED_Investing
XAUUSD Bullish Leg just started. Low risk buy.Gold (XAUUSD) gave us the short-term signal we wanted last week (October 07, see chart below) and after hitting our 2625 Target, it rebounded: This rebound is technically the start of the new Bullish Leg of the 2-month Channel Up. If it repeats the previous Leg, then one last test of the 4H MA50 (blue trend-line) is possible before further upside, which is also illustrated by the 4H RSI fractals between the Accumulation sequences that preceded the rallies. Based on the last two Bullish Legs, we should reach at least the 2.0 Fibonacci extension level before the next 4H MA50 correction. As a result our new medium-term Target is 2750. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDLong
by TradingShot
Xauusd sell signal Gold price attracts some dip-buying on the first day of a new week and trades near a one-week top, around the $2,660 region heading into the European session. The US PPI pointed to a favorable inflation outlook and suggested that the Fed will cut interest rates further. Any subsequent slide is likely to find some support near the $2,632-2,630 region, below which the Gold price could accelerate the fall towards the $2,600 round-figure mark. A convincing break below the latter will be seen as a fresh trigger for bearish traders and pace the way for some meaningful downfall. The XAU/USD might then drop to the next relevant support near the $2,560 zone and extend the decline towards the $2,535-2,530 region en route to the $2,500 psychological mark. Gold now sell 2660 Target 2642 Target 2628
OANDA:XAUUSDShort
by JohnHarry_7
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for price to push up and look for a reaction above, this came earlier than expected but we got the move as anticipated down into the lower regions completing KOG’s bias of the week and day. It’s at that lower level we got the perfect tap and bounce giving the long trade back upside allowing us to use the red boxes and Excalibur to trade up to where we closed. A good week on the markets again, not only on Gold but all the other pairs we trade giving us nearly a full house of completed targets, bar NAS. So, what can we expect in the week ahead? For this week we’re going to keep it simple and as usual update traders through the week with our plans. We have a resistance level above 2663-5 which if held during the early session we feel could give traders the opportunity to attempt the short trade back down into the 2650-55 region and below that 2635-30. We’re likely to get tap and bounce on the move, so keep an eye on the red boxes for the reaction level. We’re going to play a little caution here on this bullish move at the moment and say that if we manage to break below the 2650, we will hold back on attempting the long trades, reason being there is a structure on the chart that is sticking out and it entails caution. Like we said, simple one this week, only looking for that move unless we break above 2675, otherwise, another curveball on the way! KOG’s bias for the week: Bullish above 2635 with targets above 2670 and above that 2675. Bearish on break of 2635 with targets below 2595 Red boxes : Break above 2665 for 2675 and 2680 extension of the move Break below 2650 for 2640 and 2630 extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
Gold Analysis==>>Ready to PumpToday, on October 10, 2024 , key U.S. economic data were released, including Core CPI m/m , CPI m/m , CPI y/y , and Unemployment Claims . These reports provide insights into inflation and the labor market, which have significant implications for financial markets, including gold. Impact of Today’s Parameters on Gold : Core CPI m/m : Increased by 0.3%, indicating persistent inflationary pressures. This could prompt the Fed to maintain high interest rates, which generally puts downward pressure on gold prices. CPI m/m and CPI y/y : Both show easing inflation, which might reduce expectations of aggressive rate hikes, benefiting gold, as lower interest rates reduce the opportunity cost of holding non-yielding assets like gold. Unemployment Claims : Rose to 258,000, signaling weakness in the labor market, which could increase demand for safe-haven assets like gold. Overall Impact : Easing inflation and rising unemployment support gold prices, but persistent inflation could lead the Fed to keep interest rates high, limiting gold’s upward potential. Now, let's go to the Technical Analysis of the Gold chart in the 1-hour time frame . First, I must say that Gold moved very well according to the previous analysis ✅. Gold ( OANDA:XAUUSD ) is moving near the Descending Channel's upper line and the Resistance zone($2,640-$2,620) . I expect Gold to break the Resistance zone($2,640-$2,620) after breaking the descending channel and rise to at least $2,640 . ⚠️Note: If gold goes below the Potential Reversal Zone(PRZ), there is a possibility of breaking the Support line and the Support zone($2,600-$2,580).⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
XAU/USD : CPI is Coming, More Bullish Move ? (READ THE CAPTION)By analyzing the Gold chart on the 1-hour timeframe, we can see that after entering the desired demand zone, the price started to rise and is currently trading around $2,617. Considering that the US CPI data will be released today and I expect the actual value to be equal to or lower than the forecasted rate, I anticipate an upward movement in price to fill the liquidity void mentioned in the previous analysis. Based on the previous analysis, the key supply zones remain as follows: $2,625, $2,636.6, $2,646, and $2,655 to $2,660. I hope you make the most out of this analysis! 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
FOREXCOM:XAUUSDLong
by ArmanShabanTrading
27
GOLD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone GOLD moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
TVC:GOLDShort
by TheGrove
3
Gold Analysis==>>Symmetrical TriangleGold seems to have succeeded in breaking the Uptrend line and has also formed a Symmetrical Triangle pattern . According to the Elliott wave theory , Gold has succeeded in completing the main 5th wave . I expect Gold to at least fall to the Support zone($2,600-$2,580) after breaking the lower line of the symmetrical triangle . ⚠️Note: Tensions in the Middle East can directly affect the trend of Gold, so pay more attention to capital management.⚠️ Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
9