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Goldsignals

Gold Price Analysis August 13Fundamental Analysis Gold prices are struggling to capitalize on the previous day’s strong gain of more than 1% and attracted some intraday sellers near a retested monthly peak in the Asian session on Tuesday. The decline could be attributed to some repositioning ahead of key US inflation figures and a positive risk-on bias, which tends to dampen demand for the safe-haven precious metal. However, rising geopolitical tensions in the Middle East and concerns about a broader regional conflict could dampen market optimism. This, coupled with dovish expectations from the Federal Reserve (Fed), which put US Dollar (USD) bulls on the defensive, should provide some support to the lackluster Gold prices. Traders are now looking forward to the US Producer Price Index (PPI) for meaningful momentum. Technical Analysis From a technical perspective, the overnight breakout above the $2,448-2,450 horizontal resistance is seen as a fresh impetus for bullish traders. Furthermore, the oscillators on the daily chart have gained positive traction, further suggesting that the path of least resistance for Gold is to the upside. Hence, a further move back to challenge the record high, around the $2,483-2,484 region, looks like a clear possibility. Next up is the psychological $2,500 level, which if decisively cleared would set the stage for an extension of the upward trajectory. On the downside, the $2,450-2,448 resistance now looks to protect the immediate downside, below which, Gold could slide back to the overnight lows around the $2,424-2,423 region. The next relevant support level is anchored near the $2,412-2,410 zone ahead of the $2,400 round-figure mark. Pay attention to the support-resistance zone for the best trading strategy. Resistance: 2469 - 2475 - 2486 - 2492- 2500 - 2508 Support: 2459 - 2446 - 2434 - 2425 Sell 2485 - 2487, Stoploss 2491 Sell 2500 - 2502, Stoploss 2506 Buy 2435 - 2433, Stoploss 2429 Buy 2426 - 2424, Stoploss 2420
OANDA:XAUUSD
by TVS-Trader
XAUUSD Next stop 2545.Two weeks ago (July 29, see chart below), we gave a strong buy signal on Gold (XAUUSD) right at the bottom of June's Channel Up: The price hasn't yet hit the 2545 Target as it posted yet another Higher Low but is on good course to hit it, as the Higher Lows structure resembles that of June's. One more pull-back and we believe that Gold will then make its next technical Higher High at +8.30% (similar to the previous Bullish Leg). Note that throughout this whole time, the 1D MA50 (blue trend-line) has been supporting and currently is just below the bottom (Higher Lows trend-line) of the Channel Up. ------------------------------------------------------------------------------- ** 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
Gold Daily Analysis 1H TimeframeHello guys as my previous was 100% accurate in the buy if we see today trade so we have a sell zone liquidity at 2478 and from here we can enter our first trade with small lot then we will wait for a CHOC (change of character) at the point 2468 and we can enter our 2nd trade if it continious so we can aim our sell target to 2453 in any chance after a CHOC market ho uo 40 pips for a retest then for us it will be a golden chance ⭐️ to catch that trade with our third entry with a little big lot size using proper money management and RR ratio our sell take profit target is 2453 I hope this analysis will work out and help you guys love you all peace!
TVC:GOLDShort
by Binsalmanfund
1
XAUUSD All time high tomorrow?!?!Good evening gold gang hope you're well! ... gold has been rallying today with only small signs of slowing and closing at near all time high .. can war news push us over the top? We are currently in a 4h engulfing zone so id like to see a pull back in asia in order to buy up tomorrow to all time high. If we gap and fly in asian session, then we must wait to see where we land before risking sells Its gonna be a fun one guys im looking forward to it .. catch you in london tommy
OANDA:XAUUSD
by tommyXAU
XAUUSD is in buy zone!XAUUSD Considering 4h timeframe, we can spot 2 significant liquidity candle formation with multiple liquidity grab with series of higher low. As with the previous session, we see 4h candle close with another liquidity grab signaling potential bounce to 2050 level which is another liquidity zone. As monthly price action is bullish, we may see even further trend continuation to the resistance level of 2474.18 level and beyond. We are on a bullish trade with the possibility to long term trend continuation!!
OANDA:XAUUSDLong
by ForexWizard01
Gold Needs Correction==>>Short-termGold is moving near the Heavy Resistance zone($2,484-$2,431) , Resistance line , and Potential Reversal Zone(PRZ) . I expect Gold to go down to at least Monthly Pivot Point . 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
1
Gold Thursday Trading Strategies and Signals #XAUUSD Today is Thursday. August 8. Gold has been stable for two days. Today there is weekly news on unemployment benefits. But I don't think the impact will be big. Today's current trend line is also very flat. Temporarily give some trading suggestions. Sell: sell xauusd 2394-2398 (The price is between yesterday's 0.5-0.618 line. But because of yesterday's small fluctuations. So today it may still continue to trigger the sell signal 2402-2405. So we can trade in small batches and observe) sell xauusd 2314-2318 (The highest price of gold rebound on Tuesday) Buy: buy xauusd 2368-2371 (This signal is a conversion price that will be tested when gold continues to fall) buy xauusd 2347-2351 (The bottom of the price of gold in recent times. If the price reaches it, buy it directly) Currently, you can try to trade when the price reaches these ranges. If you trade according to my signals. There is a high probability that you will win trading profits. We help everyone make profits accurately every day. If you like my analysis or make a profit by trading according to the signal, please give me a thumbs up and join me
FX:XAUUSDShort
by MaudEvans
1
XAUUSD still bearish!! major algo in sightwhats up gold gang hope you're well! .. been a little while since my last post its just been so mental with the pricing, i havent bothered analysing .. just reacting to current market price we are continuing to trend downwards (missing a great sell today by 10 pips) and making its way down to the major algo at 2352.12. You can expect a bounce there for scalp buys but i would be careful for sure. A pull back to the trendline and sell in asia would be the move! tomorrow we find some good sell zones and let them rip catch you all in london tommy boi
OANDA:XAUUSD
by tommyXAU
1
XAU/USD : Awaiting Key Levels Amid Middle East Tensions (READ)By examining the gold chart in the 2-hour timeframe, we observe that the price is currently trading around $2398. We are still waiting for the price to reach the range of $2403 to $2410, after which we can prepare for a sell position with an appropriate trigger. Note that the risk of war due to high tensions in the Middle East remains high, which could cause a boost in the gold price, potentially pushing it above $2500. At the moment, we are following the price with our analysis and are trying not to prejudge it too much. We will wait for the price to reach the desired and attractive levels for trading. This analysis will be updated. 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:XAUUSD
by ArmanShabanTrading
17