Get started

Goldsignals

XAU/USD : Get Ready for another Bullish Move !(READ THE CAPTION)By analyzing the #Gold chart on the 4-hour time frame, we observe that on Friday, the price managed to surge to $2478, hitting our target levels, and then entered the marked supply zone (Bearish Rejection Block). This was followed by a heavy correction from $2478 to $2410, a drop of more than 680 pips in 4 hours! With this decline, a new Fair Value Gap (FVG) has formed, which is likely to be filled soon. The potential targets for this are $2450 and $2456. Currently, the price of gold is at $2442.495. After the FVG is filled, we need to watch the price reaction to this level. Considering the ongoing high risk of war, gold might ignore other economic data and, in the event of war, could potentially rise to $2500. 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
OANDA:XAUUSDLong
by ArmanShabanTrading
28
THE KOG REPORT - UpdateEnd of day update from us here at KOG: What a day on the markets! Yesterday we said we would want to see price push up into the higher resistance levels for the long trades and if we got a RIP there an opportunity to short would be available to traders. What an opportunity that was! We update trades during the London sessions stating that there was no clear sign of the move stopping or a reversal in play, and for that reason to hold runners until we find support to long. We had the 2360 level in mind, and once attacked said if it didn't break the bounce should take us back up into the 2390-95 region initially. Now we have that flip again making the 2420 price point the resistance to be attempted and broken in order to complete and correct the move back upside to create a new ATH. Our issue here as mentioned earlier is that price is looking like it will want to retest that low, so if you're in long it might be an idea to protect and take partials. Levels are to be tested with a risk model in place, if you're uncomfortable and less experienced, let the chop end before entering these markets. If we do struggle above, they will want to clear the BE traders before then attempting to move it again, which will now likely be tomorrow. So, resistance 2320 key level, needs to hold to then retest. If we can break above, bar the extreme stretch, we should get the move we wanted. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
2
Sell Gold (Xau/Usd) BreakoutThe XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2430, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2385.50 2nd Support – 2358 Stop-Loss: To manage risk, place a stop-loss order above 2480. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
62
THE KOG REPORT THE KOG REPORT: In last week’s KOG Report we said we would be looking for the price to open and attempt to attack the lower support regions 2375 and below that 2367-5, which if held we felt long trades would be available to traders this worked extremely well for us and anyone else who followed the KOG Report. We gave the levels above 2410 and above that 2430 on the break, expecting a pullback around the 2410 region which only gave us a small bounce before continuing. We updated the reports through the week, in particular the FOMC report giving the target level of 2450 which is where we wanted to get a nice entry for to target, unfortunately, we didn’t manage to get the entry for that trade. Instead, we held the longs and finished off another great week in Camelot. Friday’s NFP, analysis was posted for the Camelot members together with the potential high and the hotspot which worked well for traders giving them the opportunity to enter short, hit the hotspot as well as the Excalibur target which was active. An extremely decent week not only on gold but all the other pairs we trade alongside our traders in Camelot. So, what can we expect in the week ahead? Ok, to be honest, this week we may be subject to complete change based on the move NFP created on Friday, however, we have to go with what the chart is showing us and of course, with this being Gold the unexpected. So, we’ll say for this week we have the order region support level 2430 and below that the extreme level of 2410-13. Above we have the resistance levels of 2450-55 again an important level. If we see price attempt the 2450-55 region in the early sessions, which we feel is likely, a rejection there can bring us down into that 2430-35 region again attempting to break it and take lower into the extreme level below which is where we feel the ideal long trade will come from to carry this back up towards the 2490-95 region. That’s the region we ideally want to see completed before and held for now. This gives us the potential range to play unless one of the key levels are broken. Breaking 2410 we’ll be seeing this flush pretty fast so lets play some caution here, see how the levels react and we’ll take it as we see it. KOG’s bias for the week: Bullish above 2430 with targets above 2465 and above that 2490 Bearish on break of 2430 with targets below 2410 and below that 2395 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
11
XAUUSD Bull Cycle still intact, targeting above $3000Exactly 4 months ago (April 04, see chart below), we made a long-term bullish call on Gold (XAUUSD), after it confirmed the new Bull Cycle: The consolidation that followed and successfully double bottomed like the November 2019 Support bounce, is now over and Gold has started the 2nd phase of this Bull Cycle. In March 2020 we had the Black Swan event of the COVID crash, and if we avoid such a danger again, we expect the bullish trend to continue. The last Cycle's peak (August 03 2020) was just below the 3.0 Fibonacci extension. This gives us a rough Target of $3100, but of course this can be revised as we go, depending on the global macroeconomics and geopolitics. Note also that the last Cycle's peak was formed when the 1W RSI made its 3rd overbought top above 70.00. ------------------------------------------------------------------------------- ** 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
Weekly Bias Is Still Strong Bullish 2500 Is A Easy Target?As I Can See Gold Has Break The Weekly Resistance Zone Last Week By Close The Weekly Candle Above The Weekly Resistance While NFP News Release. After The News Release Gold Had Strong Volatile Move Up And Couldn't Breck 2475 - 2478 Zone. But Hunt Back All The Buy Side Liquidity By A Strong Move Down Side 660+ Pips Crazy Move. i Think No One Would Expect that Move With NFP Data. Because NFP Data Was Negative For USD. 😅 So This Is My Weekly Bias Not Forecast. Wait For Next Update.
EIGHTCAP:XAUUSDLong
by Mr_Scalper_117
GOLD (XAU)Gold broke its down trend at 1680 and It was a great opportunity for longing and now we heading to 1815 XAU continues to push higher and trades above $1,770 for the first time in nearly three months on Friday. The US Dollar stays under heavy bearish pressure as investors cheer the soft US inflation report and heightened optimism about Chine easing coronavirus restrictions. The Consumer Price Index in the United States rose 7.7% YoY, down from 8.2% in September and clearly below the 8.0% consensus forecast. The CPI accelerated by only 0.4% on the month, down from 0.6% in September and core figures rose 0.3%, rather than the 0.5% expected. The highly anticipated economic release from the United States triggered a massive risk rally on increased expectations of a smaller rate hike by the US Federal Reserve in December. Markets now price roughly an 81% probability of a 50 bps December Fed rate hike vs. odds of about 55% at the start of the week.The US Dollar was heavily sold off into the softer US Consumer Price Index release, propping up Gold price to the best levels unseen since August 26. At the time of writing, the American Dollar is reeling from Thursday’s massive blow, allowing Gold bulls to take a breather
TVC:GOLDLong
by moonypto
2
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY 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:GOLDLong
by TheGrove
5
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY 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:GOLDLong
by TheGrove
2
Gold hesitates around the round port level of 2400☘️Fundamental Analysis Gold prices attracted some buying on Tuesday, although they remained confined within the previous day’s wider trading range and below the $2,400 mark. A weaker tone in equity markets, coupled with geopolitical risks stemming from conflicts in the Middle East, turned out to be key factors supporting the safe-haven commodity. Moreover, growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September should continue to benefit gold bulls. The focus will remain on the outcome of the two-day Federal Open Market Committee (FOMC) meeting on Wednesday. This, along with key US macro data, including Friday’s Non-Farm Payrolls (NFP) report, will influence the USD and XAU/USD price dynamics. This makes the case for buying gold after the pullback from the all-time high more deliberate ☘️Technical Analysis From a technical perspective, the failure to accept the level above 2,400 and the subsequent decline requires caution before positioning for any meaningful upside. Gold is trading in a descending channel and the immediate resistance is around 2,392. If this zone is broken, the round-robin resistance around 2,400 will act as a brake on any rapid upside. Some further buying could push gold towards 2,409 and 2,431, helping gold regain its bullish position. On the other hand, some selling could push gold towards the lower boundary of the descending channel. The support level at 2,367 acts as the first hurdle before gold retraces to the monthly low around 2,350. RSI on the lower time frames is showing that buying is still strong. Combined with the two tight EMA 34 and EMA 89 lines, it can be seen that the upward trajectory will be more favored by investors at the present time. Resistance: 2400 - 2407 - 2412 - 2418 Support: 2376 - 2367 - 2361 - 2353 SELL zone 2410 - 2412 Stoploss 2415 SELL zone 2430-2432 Stoploss 2435 BUY zone 2354 - 2352 Stoploss 2348 BUY zone 2367-2365 Stoploss 2362
OANDA:XAUUSD
by TVS-Trader
Gold is Ready to Go down!!!Gold moved as I expected in the previous post . Gold is currently moving near the Resistance zone($2,452-$2,427) , the upper line of the Ascending Channel , and the Time Reversal zone(TRZ) . Also, we can see Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to break down to at least the lower line of the ascending channel and the Support zone($2,042-$2,377) . 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
THE KOG REPORT - FOMC THE KOG REPORT – FOMC This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price. A great week so far on Gold with our targets completing and the path working out how we hoped. We’re now just above that order region we wanted attempting to break above, so for this report we’ll keep it simple. Price rejects above in the 2435-40 region, potential for this to pullback all the way into the 2400 region, unless broken. That lower region is where we would potentially be looking to buy in again. Price pushes down, we’ll be looking in that region for a move upside. We have immediate support below 2415 which could be tapped but needs to cross below, otherwise, we’re likely going to hover up here, spike and then make the move. Wouldn’t recommend trading the event, we’ve done our trading for the day. Best to wait for the move to finish and then look for the entry from a decent level. 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
OANDA:XAUUSD
by KnightsofGold
4
How Probabilities Help Me win Trades on GoldAs much as I want to tell you that there is some magic set up that works for me, Unfortunately I cannot because there isn't. The more I look at my own trading over the many years that I've been doing this. It literally boils down to probabilities. What is the probability that X will happen if Y happened. This is literally how I process everything and as you can see it works wonders. In this video breakdown I show you even a new trade LIVE. Admittedly, I wouldn't have taken it because it would have been counter momentum but even GUESSING I could make it work because of probabilities. The reality is that we overcomplicate what we do too much and this is really not needed. K.I.S.S - Keep it stupid simple
OANDA:XAUUSDLong
by Brandon_evo4
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we said we'd stick with the plan and continue to move with the market upside suggesting traders hold their longs from below and then add level to level trades. This has worked well for us again today, completing our Excalibur target upside and the hotspot in Camelot as well as the one we had shared with you all in the wider community. Although a little choppy, it's a clean structure. Now we are here we have support below at the 2395 region, which could be a target level for the pullback. This level however is now on the flip and will need to hold the price up for us to continue higher into the regions 2415-20 initially and on the break we'll be looking at 2450 as the extension of the move. The problem we have now is the whipsaw that is expected during FOMC, and with it being the last trading day of the month tomorrow. For now, a slight tap and bounce from the region, if you're in lets see if we get the pullback and where we close. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
4
Unswervingly short goldAfter reaching around 2370, gold rebounded again and is currently hovering around 2390. Gold seems strong, but it is always difficult to reach the key suppression area and cannot form an effective breakthrough, so I think that gold is still dominated by shorts as a whole. Gold is currently facing two key suppression levels, one is the 2400-2405 area, and the other is the 2410-2415 area. If gold cannot overcome these two resistance areas, then the gold shorts will counterattack at any time, so before regaining the 2410-2415 area, there is no doubt that in terms of trading, I always insist on a short-selling trading strategy. The short-term support below is around 2376, followed by around 2368. If gold falls below the support in this area, gold will also test the 2350 area, or even 2330. So in terms of short-term trading, I still insist on shorting gold!I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
Gold- Higher low in place and back above 2400?In my yesterday's comment, I said that OANDA:XAUUSD could resume its bullish trajectory and buying dips could be a good strategy. Indeed, during the day XauUsd fell to 2370, however, bulls took control and closed the day at 2383. At this moment Gold is facing 2390 resistance again, a resistance that now is confluent with the falling trend line and a break above would confirm a higher low in place and a reversal to the upside. As long as yesterday's low remains intact so is my strategy: buying dips.
FX:XAUUSDLong
by Mihai_Iacob
4
GOLD (XAUUSD): Detailed Technical Outlook Here is a quick recap of my Gold analysis on a today's live stream. The market is currently trading within a bullish flag pattern on a daily. After the price reached a daily horizontal support, it bounced and tested a resistance cluster based on a trend line of the flag and a horizontal structure. I believe that a bullish rally will resume after a confirmed breakout of the underlined horizontal area and a trend line with a daily candle close above. Today's US news can be a catalyst. The price may also respect the underlined resistance cluster, following the negative news. ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDLong
by VasilyTrader
1
GBPUSD analysis week 31Fundamental Analysis GBP/USD plunged on Friday, as the pound was weighed down by broad market expectations of a rate cut by the Bank of England (BoE) next week. This sent GBPUSD further lower to above 1.286. The UK’s benchmark interest rate is expected to be cut by 25 basis points to 5.0% from the current 5.25%. The Federal Reserve (Fed) will next deliver its rate call in July, and investors are generally expecting the US central bank to leave rates unchanged at one more meeting before starting its rate-cutting cycle in September. In addition, short-term PCE inflation accelerated month-on-month in June, rising to 0.2% versus forecasts of 0.1%. Technical Analysis GBPUSD remains in an uptrend, The decline last week is the perfect catalyst for the uptrend to continue in the coming period. The momentum shows that buyers are still in control, as depicted by the Relative Strength Index (RSI) which is still holding above 50. GBPUSD is supported at the 34 EMA and has responded at 1.285. The next support zone is around the EMA89 with the gap filling at 1.278. These are two important price zones that GBPUSD needs to hold to maintain the uptrend in the price channel. The bullish momentum will be reduced and could be ready for a reversal if sellers push the price to the 1.262 support zone. On the other side of the bullish trend, GBPUSD could push back to the old high of two weeks ago around 1.305 and at the highest it could touch the upper border of the rising channel around the resistance level of 1.315. Resistance: 1.305-1.314 Support: 1.285-1.278 Trading Signals SELL GBPUSD zone 1.305-1.307 Stoploss 1.308 SELL GBPUSD zone 1.314-1.316 Stoploss 1.317 BUY GBPUSD zone 1.278-1.276 Stoploss 1.275
by TVS-Trader