Get started

Goldtrade

💡 GOLD: Forecasts continue to increase❤️ Hello all traders. Hope you have a nice weekend. Here is some gold information next week ➡️ The ongoing surge in gold prices is likely to persist, given the persistent tensions in the Middle East. Commodity strategist Daniel Ghali from TD Securities Company has pointed out that the potential for increased gold acquisitions remains high if the Middle East conflict escalates further, as gold has traditionally served as a reliable "safe haven" for preserving capital, especially in the face of a strengthening USD and escalating geopolitical concerns. ➡️ Consequently, numerous forecasts anticipate a continued uptrend in gold prices for the upcoming week. In a survey conducted by Kitco News involving 11 Wall Street analysts, 6 of them expressed optimism about gold's price increase. Meanwhile, 3 analysts anticipate a decline in precious metal values, and 2 expect gold to remain relatively stable.
TVC:GOLDLong
by Stone_Haven
XAUUSD:25/10 Today’s Trading StrategyGold rebounded near the four-hour lower track support yesterday. It once touched the $1977 line during the session, then retreated to $1970, and finally closed with a cross line. From a disk perspective, the daily chart shows a double cross pattern, indicating that the market is repeatedly reaching tops, but the bullish power has not completely subsided. Last night's rebound also confirmed this. Well, today gold started to rebound after falling to the 1970 line at the opening. The gold price is currently fluctuating near the 1974 line. Judging from the current trend, the upper pressure on the 1982 line is the key resistance level, while the rebound and downward trend line is suppressed on the 1977 line. In addition, the daily closing line for two consecutive trading days showed an inverted hammer positive line shape, and the negative closing line overnight also indicated that the market may be weakening. Gold broke through yesterday and fell. The rebound failed to return above 1980. The market began to fluctuate. The current rebound is close to pressure. In early trading, it relied on the pressure of 1980 to fall! The downward trend in the gold market remains unchanged. 1975 is exactly at the Fibonacci 50% division position on the hourly chart, and is also the suppression point of the upper trend line on the hourly chart. Looking at the 1-hour level, gold has started to fall from the 1997 position. It has already experienced two downward trends, and the K-line directly fell below the moving average support. Yesterday's rebound failed to return above the moving average, and the moving average is about to form a dead cross! This has never happened before in gold’s rise! This means that the rise in gold is over and the adjustment has begun! Gold's rebound in the U.S. market yesterday was a little bigger. The market first returned to volatility, and it shot up to 2,000 points and fell back. This shows that it is still a bit difficult to win 2,000 points in one fell swoop without special stimulation in the short term. Observing the previous trend, after the first double top pattern appeared, gold corrected downward by $10. After the second double top pattern appeared, gold fell by $20. According to this rule, the third correction should correspond to a decline of $30. If the calculation is based on $1,977, the price of gold may fall further to around $1,947 in the future. In terms of operation ideas, it is recommended to mainly go short on rebounds, and then go long on the position. The top short-term focus is on the 1980-1982 first-line resistance, and the bottom short-term focus is on the 1950-1947 first-line support. BUY:1959~1961 SL:1954 TP1:1968 TP2:1974 SELL:1977-1980 SL:1985 TP1:1970 TP2:1964
OANDA:XAUUSDShort
by ActuaryJ
1
Bitcoin, GOLD, and SLV Rose Sharply from Israel-Hamas WarCommodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. Commodities and Bitcoin experienced significant increases in value around October 7, which is the date that the Israel-Hamas War started. GOLD had a bullish bounce off the light blue trend line at $1,808 on Friday October 6 (marked by the orange circle). The Israel-Hamas conflict started on Saturday, and on Monday GOLD opened with very bullish price action that started the rally. Key Price Levels: GOLD has breached a key $1,989 yellow resistance level on this move up, and $2,073 is the next key resistance target if GOLD continues to trend upwards. The $1,989 resistance level has been suppressing GOLD's price since May 2023, and GOLD managed to finally breach this level in just a few weeks. It seems that the war is contributing to bullish price action for GOLD, SLV, and Bitcoin.
TVC:GOLD
by realchartchamp
XAUUSD (Gold) Shorts towards 1980.000 and below.For gold, I have two possible scenarios that could play out this week. As we've seen a huge impulsive move to the upside recently, we are now expecting price to drop in order to fill in the imbalances and take out the liquidity that was left below. Currently, it's in a very good daily supply zone that caused a CHOCH to the downside on (may 23rd.) Hence why I am expecting price to distribute and sell off down towards the levels of 1980 and below. As of now, we are looking for imminent sells towards the 8hr demand zone as that's a good zone that could respect the bullish trend in order for price to keep going bullish. So from there, I would be looking for a buy opportunity. However, As we have too much liquidity underneath that 8hr demand zone i.e. engineering liquidity, untouched asia lows and swing lows. We won't be surprised if price pushed further down all the way to 1920.000 or even 1880.000. As we will find a lower time frame confirmation for the sell I would personally take out at 1980 to see if price wants to respect it or violate the demand completely. Scenario (B) is that the daily supply zone that it is currently in will fail and mitigate the extreme (9hr) Supply zone above it in order to then sell off from there towards 1980. To add, there is an untouched Asian high within the current zone so I can see that being taken before price wants to start reversing. Regardless as of now, we are looking for sell opportunities from the current price or the 9hr supply above to target the 1980.000 region, to then ultimately see if price wants to break or respect that POI. My confluences for XAUUSD shorts are as follows: - Price has tapped into a daily supply zone that has caused a change of character to the downside. - Rejection from the POI has started to become visible due to the small consolidation where price has initially entered. - Lots of liquidity to the downside in the form of trendlines, untouched Asian lows and imbalances. - Price has been bullish for quite some time and the impulsive move requires some sort of pullback that I am expecting currently. - Price has also swept lots of liquidity on the higher time frame that was gathered since couple months ago. - Bottom side of the consolidation left around 1952 needs to be swept as well as its just swept the top side of it. P.S. We have to be ADAPTIVE in all scenarios as the more angles we can look at something the more prepared we can be when price makes its decisions. Hence why in this detailed analysis we are looking at more than one way of what XAUUSD forecast might look like.
OANDA:XAUUSDShort
by Hassan_fx
2
GOLD ( XAUUSD ) Long Term Buying Trading IdeaHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexPlanet20
XAUUSD: This week's summary and next week's trading ideas Recent spot gold trend is strong, the situation in the Middle East brought about by the risk aversion to the gold price constitutes obvious support, gold bulls stood on Friday 2000 US dollars, once on the 2008 US dollars. On the evening of the 28th, Israel again bombed a house in Gaza. On the 27th, the United Nations adopted a draft resolution on the Palestinian-Israeli issue, calling for a truce. In addition, Friday's events between India and Pakistan, northern Myanmar, and the US air strike on Syria have brought new variables to the geopolitical risk. However, the US economy remains strong, the data released in the week showed that the US GDP grew by 4.9% in the third quarter, and the pressure on the Federal Reserve to raise interest rates further remains, which has a certain pressure on gold prices. Gold has recently shown a strong upward trend, although it has retreated in the short term, but the overall trend remains upward. It is expected that the market will usher in a large probability of continued rise in the future. Next Monday's operation is recommended to be mainly low. Gold:buy@2000-2002 tp 2015-2023 If you are confused about trading, please join me, I believe you will have a great harvest!
FOREXCOM:XAUUSD
by HectorBrown1
GOLD And War GOLD and War New forecast Gold prices stabilized on Friday, supported by continued demand for safe havens fueled by tensions in the Middle East, while investors awaited the Federal Reserve's monetary policy meeting scheduled for next week. Israeli forces carried out their largest ground attack in Gaza during their 20-day war on Hamas during the night. The yellow metal, which is considered a safe haven, has gained about eight percent, or more than $140, since the war began on October 7. War scenarios: If the war erupts further between Israel and Palestine, we will see a rise in gold prices, and this is more likely. If the war between Israel and Palestine subsides, we will witness a decline in gold prices. Stay away from buying gold, and this is currently unlikely. We have fire news for this week 1- Consumer confidence index. 2- ADP index of change in non-agricultural employment rates. 3- Job opportunities and labor turnover. 4- Supply index for purchasing managers. 5- The US Federal Reserve’s interest rate decision, followed by the press conference. 6- Agricultural payroll lists. Technical Abstract : The price perfectly fulfills my last idea and price reached to our targets . Gold prices witnessed a tremendous rise during the past week thanks to the war between Israel and Palestine. Also, the price is trading in the ascending channel that appears in the chart above, as it relies on the support of this channel and is waiting for a resumption again to reach positive stations at 2020 and 2036. Therefore the bullish tendency will be remain valid and effective supported by moving average 50 that is putting the positive pressure on the price , Taking into account that stabilized under 1984 will put the price under sell pressure and the price will try to start a correction , so it is possible to do a retest especially if price opened under 2000 we will see the correction and then will rise up. and stabilized under 1984 will postponed the bullish attempts . The expect range trading for today it will be between resistance line 2020 and support line 1984until stabilized . Additionally ,Today News will affect the market . support line : 2000 , 1984 resistance line : 2016 , 2036 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAUUSDLong
by Arazmajeed
2
💡 GOLDOZ: Show Resilience with Second Consecutive Gain🟢Gold saw its second consecutive day of gains today, following yesterday's positive performance. On the daily chart (D1), the price exhibited significant upward momentum, with a wide trading range, but it closed approximately halfway between the high and low, forming a spinning top candlestick pattern. This pattern, known as a Spinning Top, typically indicates a market in balance, with supply and demand levels closely matched throughout the trading day. 🟢Notably, the previous day's D1 candle closed above the upper boundary, suggesting the possibility of overbought conditions and potential for a downward correction. The price faces a strong resistance near the 2,000 zone, which may prove challenging to surpass. Nevertheless, the overall daily chart structure for Gold remains bullish. 🟢Turning to the hourly chart (H1), Gold is currently trading within a relatively narrow price range, indicating a period of sideways movement. The formation of higher highs and higher lows on the H1 chart suggests upward pressure. Given the overbought condition observed on the D1 chart and the presence of significant resistance, traders monitoring the H1 chart may consider waiting for a pullback before considering long positions. 🟢However, should the H1 price break below recent lows and start trending lower, a downtrend on the hourly chart could emerge, providing an opportunity to explore short positions.
TVC:GOLDLong
by Stone_Haven
Gold weekly forecast 30.10 - 03.11This week will be a very tricky one. My long term bias is still bullish but I am very cautious about the current price and we will see why later. In my opinion it is too high to buy and too bullish to sell. The last few days of the month are very manipulated, so the price could move very strangely. Banks may use the NFP to take profits and create a bearish week. Gold reached 1H reaction area and could retrace from the current area, but 2030 area (grey area) is a strong manipulation on almost any time frame, telling me that the zone is very strong and the real retracement can happen from there. Macroeconomics This week I will not be watching the FOMC, employment or recession. Not because they are not important, but at the moment the geopolitical risk (war between Israel and Hamas) is too strong push gold higher, regardless of other factors. On Friday, Israel started ground operations against Hamas and gold went to the moon. Over the weekend, Hamas struck back. In such a scenario gold may open with a bullish gap. Top-Down Analysis Monthly As I said last week, gold is forming a strong bullish manipulation on the monthly TF. For me, this means that the metal will rise in the coming months. Weekly On the weekly TF I see the 2080 area as a target. We targeted this liquidity last time when gold reached it, but gold could not break through. 8H Price has reached the first reaction zone and the second one is 2030. Because of the strong geopolitical factor, I cannot say which zone will be respected, but in my opinion we will see a retracement. Benchmark Although gold is rising very aggressively against all currencies, the sector is not moving. This is why the benchmark indices are also ranging. This chart tells me that gold is outperforming the sector, which means there is no reason to buy another metal instead of gold. The second thing is the divergence between gold and the other metals. If the sector is not moving in the same direction, gold is very likely to be overbought. The first week we had a strong move from the banks. They wiped out the professional traders and bought. In the second week, the professionals stepped in and bought. In the third week, the crowds are coming. They see that the war does not stop and everyone buys. When the crowd steps in, banks usually take profits. They need liquidity to cover their positions. COT Reports No change in positions - still bullish. US Yields Yields have reached the 5% level where Interest rates are. There is also news that big players such as Bill Ackman are taking profits on their bond selling positions. That is why I think that yields will pause for a long time or fall. In any case, this is a bullish factor for gold. XAUUSD vs GDX For the second week, the GDX is not rising and is diverging with gold. Something is going on and as always the retail traders will understand it too late. Gold vs Silver The second SMT divergence after the GDX. It is very strange that silver is not moving - not at all. Volume Spread Analysis - Wyckoff patterns Big rejection after the high was taken. Doji day on the futures market, made with a lot of volume. And this is the 3d SMT divergence. This chart is another signal that the price may be overbought. Momentum Gold is very overbought. As I said earlier, it is too high to buy.
FOREXCOM:XAUUSD
by SerpentForexClub
1
GOLD 4H : Support further rise upGOLD New forecast The price of gold maintains its stability above the 1977 level, and moves within the ascending channel that appears in the chart above, as it relied on the support of this channel and awaits the resumption of the expected ascending wave in the immediate and short term, which mainly targets the 2000 and then 2016 levels. Keeping in mind that breaking 1977 will stop the positive scenario and put pressure on the price to turn lower, heading towards testing the 1964 areas before any new positive attempt. so also it is possible to do a retest and then rise up . The expect range trading for today it will be between resistance line 2000and support line 1964 until stabilized . Additionally ,Today News will affect the market . support line : 1984 , 1977 resistance line : 2000 , 2016 Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
OANDA:XAUUSDLong
by Arazmajeed
10
GOLD BUYING ON DIPS MORE WAR TENSIONS AHEAD !!!HELLO TRADERS,, As you see see our previous analysis on gold is running according to our analysis i am expecting more bullish trend will continues if Israeli & Gaza war spread day by day and here as we can see we are going to closing of monthly & daily candle near a resistance zone fundamentally Gold is showing us clear view that traders and investors are betting on safe haven UN parliament has voted in favour of Humanitarian Cease Fire but here now case is different... Fundamentally+Technically more bullish moves are coming up i am expecting Gold will hit 2100$ any time in coming weeks next week high impact data ahead -- Fed Interest Rates Decisions --Initial Jobless Claims --NFP this is a trade idea only not a financial advice we appropriate Ur love & comment us to share Ur ideas on Gold Trade Stay tuned for more updates
OANDA:XAUUSDLong
by APEX_TRADING_ACADMEY
💡 XAUUSD: Next predictionGold saw an increase in value yesterday, but it formed a Spinning Top candlestick pattern. This pattern, known as a Spinning Top, indicates a balance between supply and demand throughout the trading day. The D1 candle closed above the upper boundary, possibly signaling an overbought situation, which could lead to a potential downward correction. Additionally, there is a significant resistance zone above, comprising the psychological level of 2000 and a previous peak. Given the overbought conditions, it is not advisable to pursue buying opportunities at this moment. On the H1 chart, gold is currently testing the resistance represented by the previous peak. Considering the overbought conditions on the D1 timeframe and the confluence of resistance levels, it is prudent to exercise caution when considering buying or chasing the price higher on the H1 chart. It may be more reasonable to wait for a potential price decrease before considering a buying strategy.
OANDA:XAUUSDLong
by Stone_Haven
GOLD ANALYSIS OCTOBER 27: TRADING CAUTION💯GOLD PLAN UPDATE DAILY: October 27 👉 Gold prices increased slightly during Thursday's trading session. Data from the US “paints a picture of a very strong economy”, raising the possibility that the Fed could raise interest rates again, putting gold at a disadvantage but the problem of Middle East risks let go of the pressure from this data. 👉 Many investors believe that the stability of the economy means the Fed may have to keep interest rates higher for longer to bring inflation to its 2% target. Such an interest rate outlook is likely to cause 10-year US Treasury bond yields to continue to rise in the coming sessions, putting downward pressure on gold prices. 👉 After the US GDP report, investors' focus will turn to new US inflation data, with the personal consumption expenditure price index (PCE) expected to be announced by the Ministry of Commerce this evening. now. 👉 Yesterday's plan had AE winning the Sell bet of 190 pips. Today I will still give priority to Buy orders, AE, gold is now strongly influenced by news of geopolitical instability. 📌Today's trading plan: 🔽 Sell Gold Entry: 1994x – 1997x SL 1999 TP 1985 - 1978 🔼 Buy Gold Entry: 1978x – 1976x Sl 1973 TP 1983 – 1992 -2010
OANDA:XAUUSDLong
by AETradingFx1
GOLD Continues to SURGE Higher Despite Seller thinking otherwiseWhat's up folks - I am met with an absolutely pleasant surprise here on this trade, lovely way to end the week - and let me say this I am not closing my gold trade here. I honestly at this point see Absolutely NO reason to close my buy because in order to close a buy technically you are selling your position. If you don't think the market will sell, why would you sell? - I don't think the market would sell so I am not going to close my buy. I am glad I stood my ground with my bias and so far it is continuing to pay dividends.. To the sellers who thought GOLD would sell this week...not saying that you were wrong but I think you didn't observe all of the facts. I think majority of the analysis that I saw that the sell argument were only surface level. But it is what it is Have a great weekend guys!
OANDA:XAUUSDLong
by Brandon_evo4
2
XAUUSD: 24/10 Today’s Trading StrategyThe U.S. dollar index fell rapidly on Tuesday, approaching the 105.40 mark, while the gold price exceeded 1980. Gold has recently experienced a period of consolidation after rising, but short-term price pressure cannot be ignored. Previously, gold prices stagnated near the psychological mark of $2,000, but with the U.S. dollar index falling, will gold show strong momentum again? Gold fell slightly yesterday to correct last Friday's gains. At present, gold is in a sideways consolidation stage, the rate of rise has slowed down slightly, and the US dollar is also slightly weak, so gold temporarily lacks the motivation to rise further. In the short term, gold is gathering strength. The daily chart shows that it has entered the correction phase of the second trading day. Today and tomorrow are critical times. Usually in a strong market, the current space begins to converge. In addition, there was no further rise yesterday. In the short term today, it may be Continue to make corrections. The disk shows certain resistance to falling, with the central axis support located near 1965. The short-term trend within the day is likely to rise within the range of 1965. Since it has not been able to stabilize above 1980, the bullish power seems to be a little weak, so we need to be wary that this rise may stop at the key position of 2000. After all, the unilateral rise in technology has led to overbought conditions, and there is a demand for a correction in the market. However, as long as the situation in the Middle East remains unstable, demand for gold as a safe-haven asset will remain strong. It is unrealistic for short sellers to reverse the strong trend and fall sharply. Therefore, in terms of intraday operations, it is recommended to consider placing long orders during the retracement. The following still focuses on the support level of 1964-1950, focusing on whether the 1970 mark can be held. If it falls below this support level, it may test the support level near 1960, while the upper resistance level is near 1982, which may be broken through within the day. Therefore, above, we will first pay attention to whether 1990 can form an effective suppression, and then look at 2000. If the 1H line stands firm at 1990, then short selling is not recommended. SELL:1991-1993 SL:1998 TP1:1985 TP2:1980 BUY:1970-1972 SL:1964 TP1:1979 TP2:1984
OANDA:XAUUSDLong
by ActuaryJ
Gold Friday Trading Strategy Gold is still continuing its upward trend. The current price is 1988. I think it will trade sideways between 1980 and 1992 in the European market today. It is also worth paying attention to the news in the US market. I think gold may fall to around 1970. The overall trend is Still bullish, my temporary strategy for you today is: Golden signal: gold: buy1978-1982 tp1989-1993 sl1973 If gold falls to near the 1965-1970 support line in the US market, we can go long directly with the target of 1995 I share real-time trends and signals on my channel, if you need more help please join me
FX:XAUUSDLong
by Krause_Philipp
Gold maintained a stable position for 2 consecutive daysGold Analysis October 27: Gold maintains position Fundamental analysis: Gold continues to perform well and yesterday was no exception. From 1992 he saw prices decline until 1972 and then rise until 1988. The US GDP in the third quarter was a very impressive 4.9%, much higher than his 2.1% in the second quarter. This shows that the US economy is still very strong and there is no reason for the Fed to raise interest rates anytime soon. The ECB left interest rates on hold yesterday, and the Fed is likely to do the same next week. Currently, 98.5% expect the Fed to keep interest rates unchanged. There are positive signs from the Israeli-Palestinian conflict as Iran's foreign minister has declared that he does not want to prolong the war and that Hamas is ready to release prisoners. PCE inflation data is also very noteworthy today. If inflation continues to rise, this will put downward pressure on gold. In general, the fundamental factors that support and pressure gold are in balance. Gold prices may remain high until next week's FOMC meeting. - Technical analysis: Gold prices continued their upward trend yesterday, hitting higher highs and lower lows. When the price touches the 1972 support zone, a large candlestick shadow is formed. I will continue to purchase Bought gold circa 1978, SL – 1973, TP1 – 1985, TP2 – circa 1992.
TVC:GOLDLong
by TheLeader_WOLF