GOLD TO 2600$ HELLO TRADERS As,
GOLD just tested a strong resistance zone 1570$ on fib its a new ATH i can see a FVG near broken resistance 2533 which it have to fill and grab liquidity to make a new all-time high 2600$ which we had mention in our previous analysis friends its just a trad idea shares Ur thoughts it help many other traders
Stay tuned for more updates
Goldsignals
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD: Makes a critical Bull Cross and aims at 2,650.Gold has turned completely bullish on its 1D technical outlook (RSI = 64.281, MACD = 19.680, ADX = 29.142) as it made a new All Time High today, extending the new bullish wave of the Channel Up. With the support of the 1D MA50, which is unbroken since July 3rd, we expect the extension of this wave as the 1D MACD is on its way to a Bull Cross. Since early June MACD Bull Crosses have come one after the other, the first priced Gold's bottom and the second confirmed it. Consequently, this is the most efficient level to buy and aim for a new +7.50% rise (TP = 2,650).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
XAUUSD possible breakout soonXAUUSD is currently trending upward, making higher highs as it approaches the top of its established range. This resistance zone is crucial; a breakout above it could pave the way for higher levels, potentially up to 2550. With the CPI news release expected today, there's a possibility that the price may bounce off this range top and continue sideways in the short term. However, the price action at this key level could also signal an impending breakout to the upside, especially if the news is favourable. A breakout would suggest a shift in bullish momentum, while a rejection would likely confirm continued range-bound trading. The target is resistance at 2540
XAUUSD | GOLDSPOT | New perspective | follow-up detailLast week, Gold (XAU/USD) remained range-bound, trading within the $2,510 and $2,530. This followed a rebound fueled by weak Nonfarm Payrolls data, which showed a significant slowdown in US hiring.
Traders reacted quickly, with Fed interest rate cut probabilities fluctuating. At one point, a 50 bps cut was priced in with 70% odds, but by the end of the week, a 25 bps cut became the most likely scenario.
Adding to the dovish sentiment, several Fed policymakers, including John Williams, Christopher Waller, and Austan Goolsbee, have signalled their openness to easing monetary policy.
With the Fed leaning towards rate cuts, what does this mean for Gold's price in the coming week?
Join me in this video as I analyze the latest developments and discuss the potential path for Gold.
XAUUSD Technical Overview:
This week, we're focusing on the $2,485 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone, Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#GoldPrice #XAUUSD #Forex #MarketAnalysis #FedRateCut #GoldOutlook #TechnicalAnalysis #NonfarmPayrolls #CMEFedWatchTool📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Gold Analysis==>> Attack to Support lines==>Short termThe Gold moved and hit the targets as I expected in the previous post .
Gold is currently moving near a Heavy Resistance zone($2,532-$2,523) and broke the Uptrend line .
According to the Elliott Waves theory , Gold has successfully completed the Zigzag Correction(ABC/5-3-5) in the 15-minute time frame.
I expect Gold to attack the Heavy Support zone($2,484-$2,431) and Support lines in the coming hours.
Gold Analyze ( XAUUSD ), 15-minute 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.
XAUUSDHello Traders!
What are your thoughts on GOLD?
Gold failed to break its previous high last Friday following the release of the NFP report and experienced a decline. It remains within a defined range of support and resistance. This week, we expect it to break out of this range and move towards the specified bearish targets.".
If you found this analysis helpful, don’t forget to like and share your thoughts in the comments! ❤️
GOLD (XAUUSD): Potential Scenarios Ahead of CPI
Ahead of US CPI data, Gold is stuck on a key daily resistance
based on the current All Time High.
Depending on the reaction of the price to the news, I see 2 potential scenarios.
Bullish Scenario
If the price breaks and closes above the resistance of the range on a daily,
a bullish continuation will be anticipated at least to 2550 level.
Bearish Scenario
The price has retraced from the underlined blue daily resistance
and is currently testing an intraday horizontal support.
If the market breaks and closes below that on a 4H, we can anticipate
a bearish continuation at least to 2508.
Patiently wait for the release of the news and then follow the market.
❤️Please, support my work with like, thank you!❤️
Gold Analysis==>>Double Bottom Pattern==>>Short termGold is near the Heavy Support zone($2,484-$2,431) and moving Support lines .
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Double Bottom Pattern .
Also, Regular Divergence (RD+) between Consecutive Valleys .
I expect Gold to rise to at least $2,518 .
Gold Analyze ( XAUUSD ), 15-minute 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.
GOLD H1 Timeframe Analysis - Bullish Or Bearish Pair Name = Gold
Timeframe =H1
Analysis = technical + fundamentals
Trend = Bullish
Support Levels = 2514, 2508, 2504
Resistance Level =2523, 2529, 2445
Explanation : -
Gold Moving As predicted Yesterday. Still getting Good Volume and On the way To Our main Target 2550. But always Secret of the market is buy the dips and sell tops. So if you are sure market is bullish or bearish, the main and important thing in the life the trader is perfect entry with proper Risk Management. One more thing I wanna discuss before the details explanation about the GOLD today Move. Maximum traders fails because they don't use Risk Management formula in trading.
Here I wanna Explain the Gold Next Move. Gold Dips can Touch The Price levels 2514, 2508, 2504 .These are the key points for the bearish move. In bullish Move Key Levels are 2523, 2529, 2445
In bullish Move Gold Will Target These Points. Now Currently Price is above the EMA 50 that indicates the bullish trend. But bullish trend will be confirm If price will cross EMA5.
SILVER (XAGUSD): Long From Support
I see a nice buying opportunity on Silver.
The test of a key intraday/daily structure support triggered a strong bullish reaction.
A double bottom was formed, and we see a bullish movement above the neckline
this morning.
I think that the price will keep growing at least to 28.61
❤️Please, support my work with like, thank you!❤️
KOG's RED BOXES - GOLD Dear team,
Please copy the Red boxes onto your charts for Gold's potential movement tomorrow.
We will publish KOG's bias of the day and watch how the magic happens.
Key level support here at 2475-77
Key level resistance here at 2510-15
Please check the pinned post on how to use the Red Boxes.
As always, trade safe.
KOG
XAUUSD The 1D MA50 test is imminent.Three weeks ago (August 26, see chart below) we called that it was 'time to turn bearish short-term' on Gold (XAUUSD) as the price was approaching the top of its 3-month Channel Up:
Today we realize why as the price has turned sideways and can potentially one Bearish Leg to test the 1D MA50 (blue trend-line), which last time signaled the pattern's bottom (Higher Low).
This is why we keep our Sell Target unchanged at 2450, just above the 0.618 Fib and a revised Channel Up bottom line. After that, we will buy just before the 1D MACD forms its 2nd Bullish Cross, which as you can see, has been the most optimal confirmed Buy Signal within 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAUUSD Top-down analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gold thoughts 09-09-2024Happy New Week all, Kindly see my GOLD thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
GOLD's Day Chart Analysis 100%Hello traders,
Based on my calculation and technical analysis, i predict that gold will likely exhibi the following behavior ....
1. if the resistance level breaks then gold reach it new (ATH).
2. if GOLD's came down and form rang in the level of 2477 2455 then gold is likely to go back up and after that we'll do further analysis.
Thank you!
GOLD (XAUUSD): Support and Resistance Analysis For Next Week
Here is my latest structure analysis for Gold for next week.
Resistance 1: 2525 - 2531 area
Support 1: 2471 - 2484 area
Support 2: 2432 - 2447 area
Support 3: 2353 - 2381 area
The price is now stuck within a horizontal range based on Resistance 1 and Support 1.
Consolidation may continue, and we may see one more bullish movement to its upper boundary.
Alternatively, a breakout of one of the boundaries of the range will indicate the future direction of the market.
❤️Please, support my work with like, thank you!❤️
Strong level / best time to sell on correction from the level (all signals on real account )
The situation with gold (XAU/USD) is currently characterized by several key factors that affect its value. First, the gold price often reacts to changes in economic data and the political environment. The unpredictability of global financial markets, inflation, and changes in U.S. interest rates particularly affect the demand for gold as a safe haven.
Second, there has been a recent increase in interest from central banks in gold holdings as they seek to diversify their foreign exchange reserves. This could lead to additional demand for gold in global markets.
In addition, a strengthening US dollar usually has a negative impact on gold as it becomes more expensive for holders of other currencies. At the same time, geopolitical instability and conflict situations can contribute to the rise in prices for the precious metal as investors look for ways to protect their assets.
At the moment, volatility in XAU/USD quotes can be observed, which creates both risks and opportunities for traders. Technical analysis shows important support and resistance levels that can influence further price movement.
XAU/USD : BIG Fall Ahead ? (READ THE CAPTION)By analyzing the #Gold chart on the 4-hour timeframe, we can see that the price has once again reached the supply zone at $2523, and after reacting negatively to this level, it dropped as low as $2504! Now, the price has climbed back to the $2515 area, and with the NFP data set to be released in about 20 minutes, we must be cautious. If the NFP report exceeds the forecasted numbers, it will favor the dollar and hurt gold, potentially leading to a drop below $2500.
However, keep in mind what I mentioned over the past few days: since this is the sixth consecutive time that gold has reached this level, it might first break above $2532 to collect liquidity before the main drop occurs. So, be careful not to get stop-hunted and turned into liquidity!
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
SL Triggered, NFP Incoming: Will Gold Push to New Highs?Yesterday, I took a stop loss, which is, of course, a normal part of trading.
What’s ironic, though, is that overall, I’m bullish on Gold. Even more ironic is the fact that in my Monday analysis, I mentioned that Gold would likely test the 2480 zone before continuing its upward trend.
I even spotted the 'double Pin Bar formation' at the bottom, yet I remained short.
Ultimately, my ego and the desire 'to be right'—thinking Gold would dip to the 2450 zone before reversing—got the best of me.
Anyway, let’s move on to today’s analysis...
As I mentioned earlier, after Gold fell into the significant support area around 2480 on Tuesday, the price bounced back to the upside. The following day, despite another wave of selling pressure, the price reversed again, leaving behind a 'Double Pin Bar' formation on the chart.
Yesterday, the price broke above the 2505-2507 zone, which also confirmed a short-term double bottom formation. At the time of this article’s publication, the price stands at 2518, and the entire structure we’ve discussed is highly bullish.
Looking ahead, as long as the 2505 level holds, the chances for a new all-time high are very strong. The measured target, should 2530 be breached, is 2590.
Currently, I’m 'out of the market,' awaiting the NFP data for further clarification. I will update my analysis accordingly once the data is released.
GOLD (XAUUSD): Important Decision Ahead
The release of the today's fundamentals is favorable for bulls in the Gold market.
The price is now testing the resistance cluster based on the current All Time High.
As always, our strategy is to wait for is bullish breakout.
A daily candle close above that will confirm a violation.
A bullish movement to 2550 will be expected then.
❤️Please, support my work with like, thank you!❤️
TH KOG REPORT - NFP THE KOG REPORT – NFP
This is our view for NFP, 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.
Quick NFP report today as we’re most likely not going to be trading the event due to already having completed our targets for the week. We have plotted the key levels together with the immediate red boxes on the chart. We have key level support below at the 2500-2495 region and the bias as bullish above with potential price targets of 2530/2535 and on the break up into the 2550-55 region which is where we may stall and get a RIP.
Breaking below the 2500 region will entail patience as we would like to see how long we go before a setup presents itself. It’s going to be a risky NFP and extreme levels are important, forget about immediate SnR, this is irrelevant in this scenario.
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