Goldsignals
Gold short 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.
From a technical perspective, the overnight strong positive move confirmed a breakout through a bullish flag chart pattern and validated the positive outlook for the Gold price. That said, the Relative Strength Index (RSI) has moved back above the 70 mark, making it prudent to wait for some near-term consolidation or a modest pullback before traders start positioning for any further appreciating move. Nevertheless, the broader setup supports prospects for an extension of the recent well-established strong uptrend witnessed over the past month or so.
Gold now buy 2205
Target 2210
Target 2220
Target 2225
Target 2230
SL 2190
XAUUSD Starting a new Mega Cycle. One last pull-back in order?Two weeks ago (March 07 2024, see chart below) we explored the possibility of Gold (XAUUSD) starting a new cyclical Mega Rally on the 1W time-frame after the recent bounce on the 1W MA50 (blue trend-line):
This has turned out to be the reality as Gold closed a 1W candle above the Resistance Zone. That is the first signal of the start of the new Mega Cycle and it will get confirmed if the price closes a 1M candle above the Resistance Zone in 10 days time, which is at 2150. If not, one final test of the 1W MA50 before a new All Time High (ATH), may be in order.
Until then, we need to consider the implications shown on the 1D time-frame, where the dominant pattern is a Channel Up. As you can see, the current Bullish Leg has so far repeating the previous one very closely and we are at the (blue) Channel Up stage that may price the new Higher High near the 1.382 Fibonacci extension from the previous High. The 1D MACD invalidating a Bullish Cross, confirms that we may be in a similar situation as on April 04 2023.
As long the 2145 Support holds, we expect 2260 as a Higher High, which should of course close the 1M candle above the Resistance Zone, indicating that the new cyclical Mega Rally may start earlier, without a 1W MA50 (red trend-line) pull-back.
If however the 2145 Support breaks, the above gets invalidated and we will have a sell confirmation. In that case, we will turn bearish, targeting the 1W MA50 and 1D MA200 (orange trend-line) on the Internal Higher Lows trend-line (as on June 29 2023) with 2035 as our Target.
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DeGRAM | GOLD bullish momentumGOLD is currently trading in an ascending channel, making higher highs.
It broke and closed above the resistance level, creating all-time highs.
The market is currently consolidating following the bullish move.
We anticipate a 50% pullback to the support level and a trend continuation.
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DeGRAM | GOLD idea for long opportunityGOLD bounced off the support level.
Price tested the support level and rebounded last Thursday. It might make the same move.
The market essentially made a false breakout of the support level at 2150.
We expect the price to go up to the retest channel border.
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🥇Gold🥇Can go UP by Falling Wedge Pattern🏃♂️ Gold is moving near the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡
🌊According to the theory of Elliott waves , it seems that Gold has succeeded in forming the Double Three Correction(WXY) .
📈In terms of Classical Technical Analysis , Gold has formed a Falling Wedge Pattern .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
👀If you want a better view of Gold , look at my analysis a few days ago in the 4-hour time frame .👇
🔔I expect Gold to go UP at least until the end of wave 3 after breaking the upper line of the Falling Wedge Pattern .
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.
🥇Gold Analysis🥇(🚀)🏃♂️ Gold is moving in the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡
🌊According to the theory of Elliott waves , it seems that Gold has managed to complete the main wave 3 at $2,195.235(All-Time High(ATH)).
🌊 Gold is completing the main wave 4 , so it seems that this corrective wave's structure is Zigzag(ABC/5-3-5) .
💡 One of the signs of the end of the main wave 4 can be the breaking of the Resistance line .
🔔I expect Gold to move up towards 🎯Targets🎯 on the chart as it enters the 🟡 Potential Reversal Zone(PRZ)($2,135-$2,108) 🟡.
Gold Analyze ( XAUUSD ), 4-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.
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
A piptastic day on the chart with our chart idea once again playing out to perfection hitting our 2166 target with plenty of dips to get in of the action, inline with our plans to buy dips.
Yesterday we stated we had the drop into the retracement range followed with the perfect bounce into 2155 Goldturn leaving 2166 let open.
- This was hit perfectly today alongside a clean finish at 2175. Respected the level perfectly!!
We are now looking for ema5 to cross and lock above 2166 to open the range above. Failure to lock above will see price back into the retracement range.
Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2166 - DONE
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175 - DONE
2182
BEARISH RETRACEMENT TARGETS
2155 - DONE
2147 - DONE
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
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 SELLING OPPURTUNITY 💯Discover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
XAUUSD 90% CONFIRM ANALYSISDiscover an enticing Selling opportunity in GOLD as it undergoes a critical retest of a key resistance area. With market analysis, technical indicators, and price action as your allies, evaluate the potential downside move. Stay vigilant and informed to capitalize on this precious metal's market dynamics.
GOLD 1H ROUTE MAP & TRADING PLAN UPDATEHey Everyone,
And another repeat of yesterday with our levels being respected to perfection.
We had another drop into the retracement range and once again, as stated for the perfect bounce into 2155 Goldturn and now once again heading towards 2166 Goldturn gap.
We just need to keep in mind a failure to break into the 2166 level will likely see the 2147 Goldturn support level test and break and open the swing range.
Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2166
EMA5 CROSS AND LOCK ABOVE 2166 WILL OPEN THE FOLLOWING BULLISH TARGETS
2175
2182
BEARISH RETRACEMENT TARGETS
2155 - DONE
2147 - DONE
EMA5 CROSS AND LOCK BELOW 2147 WILL OPEN THE SWING RANGE
SWING RANGE
2137 - 2129
EMA5 CROSS AND LOCK BELOW 2129 WILL OPEN THE STRUCTURE SUPPORT
STRUCTURE SUPPORT
2113
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
GOLD SELL ON DIPS FOMC TODAY !!! HELLO TRADERS
As I can see gold is going to drop more till design levels on FOMC and US Interest rates ahead
we are expecting more Strength in $ and technically if we see a view on this chart Gold is in downtrend and after a all-time high with overbought conditions it is trading under the upper trend line as soon as it will break triangle zone it will drop more hard.
it's just a trade idea share Ur thoughts with us we are selling Gold from since it was at 2180 have a look on attached chart it will define more levels.
Stay tuned for more updates!
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 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 price ticks lower amid reduced Fed rate cut bets, elevated US bond yields and stronger USD. Geopolitical tensions could lend some support to the safe-haven XAU/USD and help limit losses.
On the flip side, the $2,175-2,176 region now seems to have emerged as an immediate strong barrier, which if cleared should allow the Gold price to challenge the record peak, around the $2,195 area touched last week. Some follow-through buying beyond the $2,200 mark will set the stage for the resumption of the uptrend witnessed since the beginning of this month.
gold now buy 2153
tp1 2157
tp2 2161
tp3 2165
tp4 2169
tp5 2180
SL 2130
GOLD UP The daily chart shows XAU/USD met buyers around the 23.6% Fibonacci retracement of the bullish run, which measured between $1,984.03 and $2,195.22 at $2,145.17. The same chart shows technical indicators have turned flat around overbought levels after correcting extreme readings, suggesting sellers have no say. At the same time, moving averages develop far below the current level, with the 20 Simple Moving Average (SMA) heading north almost vertically far above the longer ones.
Gold price struggles to capitalize on the previous day's bounce from the $2,145 region and oscillates in a range during the Asian session on Tuesday. Hawkish Fed expectations, elevated US bond yields and a bullish USD cap the upside.
Gold now buy 2156
Target 2185
SL 2136
Gold buysGold approached a 4h main demand zone where i expected reversal buys.
Seeing price initially rejecting area on smaller time frame I set a Buy limit order with a entry @2148.00 with sl@2145.85(Risking 22 pips).
TP1: 2154.00 TP2: 2156.00 TP3: 2158.00
* Where has the market moved since I entered my trade? PROFITS
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic
* What do I like about this trade ? precise entry
* What do I dis-like about this trade now? nothing
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ?no
GOLD-Today's strategy
There are many factors affecting the market this week. Central banks of various countries will be the focus this week. The Bank of Japan and the Reserve Bank of Australia will announce their interest rate decisions on Tuesday, the Federal Reserve will announce their interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will announce their interest rate decisions on Thursday. The market will also look at Tuesday's U.S. housing starts and building permits, as well as Thursday's weekly jobless claims, Philadelphia Fed manufacturing survey, PMI preview data and existing home sales
Gold trading this week is more focused on the news. On Tuesday, the Bank of Japan made an interest rate decision. This is Japan’s first interest rate hike after more than ten years of negative interest rates. The uncertainty will have a huge impact on the market. On Wednesday, the Federal Reserve’s interest rate decision is likely to be announced by the market. There will be no interest rate cut this time, let alone a rate increase, which will also have a certain impact on the market. Therefore, before discussing this week's market, I would like to remind everyone that this week has both good opportunities and greater risks. Please pay attention. risk control.
After gold fell sharply on Tuesday last week, it is basically confirmed that the peak of this rise is currently at 2195. It fluctuated up and down many times on Wednesday, Thursday, and Friday, and tested 2150 many times. Today it finally fell below the 2150 support, although it has not turned into a decline for the time being. trend, but it can be judged that gold’s strong rise has weakened
Gold will definitely fluctuate repeatedly. The resistance points in the chart above are for your reference. You can make reasonable arrangements based on your funds.
GOLD (XAUUSD): Important Key Levels to Watch This Week 🥇
Here is my latest structure analysis for Gold.
Resistance 1: 2182 - 2195 area
Support 1: 2143 - 2148 area
Support 2: 2077 - 2088 area
Support 3: 2054 - 2065 area
Support 4: 2035 - 2044 area
Consider these structures for pullback/breakout trading.
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XAUUSD Best analysis on this app! good evening gold gang! lol ego post .. hopefully annoy a few people
Its right though .. how spot on was the analysis and execution today .. gold gang knows!
so we are respecting the bearish trend as per yesterday following a break of 4h support and respecting trend.
from here price should move down but there is nowhere i can get in at present.
Price should head down to bottom algo but the better buy zone is beneath there where the daily candle meet zone is
lets have another amazing day tomorrow gang!!
stay blessed and ill catch you in london
T