Goldtrade
Gold Nears 5-Month High as Mid East Tension RisesGold is currently on the rise and is inching closer to a remarkable 5-month high, thanks to the escalating tensions in the Middle East.
As we all know, gold has always been a safe haven for investors during times of uncertainty and geopolitical unrest. With the recent developments in the Middle East, the demand for this precious metal is soaring, causing its value to skyrocket. This presents an incredible opportunity for traders like you to capitalize on this upward trend and potentially reap significant profits.
Now, you might be wondering, "How can I make the most of this golden opportunity?" Well, my friend, the answer lies in taking a long position on gold. By going long on gold, you are essentially betting that its value will continue to rise in the near future. Given the ongoing tensions in the Middle East, this seems like a highly favorable strategy to adopt.
So, let's seize this chance together and make the most of the current market conditions. I encourage you to consider going long on gold and take full advantage of the potential gains that lie ahead.
Remember, timing is everything in the world of trading, and this could be the perfect moment to dive into the gold market. Don't let this opportunity slip through your fingers! Take action today and position yourself for success.
If you have any questions or need further assistance, please don't hesitate to comment below.
Gold after a day of sideways movement, will the new trend change. Yesterday, the market produced a doji-shaped candle at bar D1 with a short candle body and his two long candle shadows. We've seen some very intense battles between buyers and sellers. In the past two days, the gold price has reached the major selling threshold from 1978 to 1980, and if the price breaks through this threshold, it will be very dangerous. , retesting over $2000 is very easy. However, we will continue to focus on selling the 193x and 1900.
. In the H4 framework, prices fell to 23.6% of FIBO, the 1954 price range, but then recovered in the short term. Currently, in the h4 frame, the price is still in a downward accumulation channel as there is no new news coming in to move the price. Since it is not new, I will focus on selling up to 193x1900.
👉 See ACE strategy:
Gold sale 1976.XX SL 50 TP 50 100PIP
GOLD (XAUUSD): Multiple Time Frame Analysis & Trading Plan 🥇
Gold closed, respecting a key horizontal daily resistance.
Analyzing a 4H time frame, I have spotted a rising wedge pattern.
Its support breakout can be an important sign of strength of the sellers.
Candle close below may initiate a correctional movement on the market.
Bearish movement will be anticipated to 1954 then.
Alternatively, a bullish breakout of the underlined red structure on a daily
will trigger a further bullish continuation.
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💡XAUUSD: Ability to recover after a slight decline💡At the end of yesterday's trading session, the price of gold experienced a slight decrease, putting an end to the impressive surge that took it close to $2,000 per ounce in the previous week, while the ongoing tensions in the Middle East show no signs of abating.
💡According to David Meger, the Director of Metal Trading at High Ridge Futures, the demand for safe-haven assets may continue to push gold prices higher after a brief period of decline. He expressed the belief that political instability and unrest in the Middle East will likely keep driving gold prices upwards.
💡 Meger also added, "If inflation data exceeds expectations, it could raise concerns about interest rate hikes, which may subsequently lead to an increase in the demand for safe-haven assets."
(XAUUSD) Short Sell Gold After nearly hitting the low for the year, price made a bearish reversal and gapped up from the 1835 area. In October it peaked at the ceiling level and is most likely to decrease until December then after.
*I am not a financial advisor, and the information provided here is for informational purposes only. Any financial decisions you make should be based on your individual financial situation and goals. It is important to consult with a qualified financial advisor or professional who can provide you with personalized advice tailored to your specific circumstances. Additionally, please be aware that financial laws and regulations may change over time, so always ensure you are up to date with the latest information and consult with a professional before making any significant financial decisions.*
Gold pulls back from the moderate resistance levelHello traders, in my previous Gold analysis I mentioned that
Gold will pullback from the 1985 zone. As you can see, price
reached 1955 today. So, if you followed my idea,
you definitely made 300 pips.
Currently, in the daily chart, Gold we are seeing a couple of bearish
candlesticks. If the zone that I have highlighted in my chart continues to hold,
then you can expect a pullback in Gold to 1910.
XAUUSD 15min chart for 26th Oct analysisGold looks bullish to me, I can see a consolidation in the 15min, If price should trade down to the box grayed out, within the london open time, and I see a setup to go long. This will be my standing on XAUUSD. It is quite bullish. However, this isn't a trade advice, DYOR
GOLD 2 POSSIBLE BULLISH TRADESHello traders here are 2 scenarios that i will be watching for tomorrow
the bias for gold is still bullish due to middle east situation , and the trend is bullish so you should be looking for buys.
the question is where ? : zone 1 Trendline + green area we might see a bullish continuation from there .
zone 2 : the golden zone which is also a key level that turned from resistance to support (Most Trusted then zone 1 )
other bullish clues : Daily candle closed as A Hammer .
the news tommorow can effect the situation stay vigilant
CTFC Gold Report Reveals Hedge Funds' Gold Rush - Time to Long GThe latest CTFC Gold Report has just been released, and it reveals an astonishing trend that is sure to make your trading instincts tingle with excitement.
Are you ready for it? Well, here it is: Hedge funds are piling into gold like never before! Yes, you read that right! The smart money is flowing into the precious metal, and it's time for us to ride this golden wave together.
This remarkable report showcases a significant increase in hedge funds' positions in gold, indicating a strong and confident sentiment towards this precious metal. These seasoned traders, renowned for their strategic moves, have recognized the immense potential gold holds, and they are positioning themselves accordingly. It's a clear sign that we should pay attention and take advantage of this golden opportunity.
Now, you might be wondering, "Why should I care about hedge funds' interest in gold?" Well, my fellow traders, their actions often set the tone for market trends and can significantly impact the price of gold. By aligning ourselves with their positions, we can position ourselves for potentially lucrative gains.
So, what's the call-to-action here? It's simple: it's time to long gold! With hedge funds leading the way, we have a unique opportunity to ride the momentum and benefit from their extensive research and analysis. By joining them in their gold rush, we can increase our chances of reaping substantial profits.
But remember, success in trading requires careful consideration and strategic planning. Before jumping in, it's crucial to conduct your own research, analyze market conditions, and evaluate your risk tolerance. By doing so, you can make informed decisions and maximize your chances of success.
Don't miss out on this incredible opportunity to ride the wave of hedge funds' interest in gold. The time is now, and we're here to support you every step of the way.
XAUUSD:20/10 Today’s Trading StrategyDuring the Asian trading session on Monday, gold opened at 1964.81 after opening sharply lower at about $15. Last Friday, gold prices closed at 1980.24. However, the rebound in gold prices was blocked after a sharp gap and opened low, hitting a low of 1964.23. Regarding the trend of the gold market, we can see that the price of gold fell significantly in Monday's trading. This decline is related to concerns about the global economic recovery and declining investor demand for safe-haven assets. In addition, the recent uncertainty of the domestic political situation in the United States has also had a certain impact on the trend of gold.
Gold opened lower today and showed a downward trend, stabilizing and fluctuating after hitting $1,964. A small Yang line with an upper shadow line appeared at the daily level, and gold broke through upward for five consecutive days, starting a new upward trend. Gold is looking for support after today's lower open.
From a four-hour perspective, gold is currently running in a strong upward channel. After breaking through the high of $1964 for the first time last Wednesday, gold experienced a correction and subsequently broke through to the high of 1997. The original resistance level was converted into a support level. The starting point below 1950 is also a relatively strong support level. Therefore, in terms of intraday operations, it is recommended to consider placing long orders as the main option during the retracement and short orders as the supplement. At the bottom, we need to pay attention to the support level of 1964-1950. If the stop loss of 1964 breaks downward, then the bottom can continue to increase near 1950. The top needs to pay attention to the break of 1997. If this position is broken, then 2000 will definitely form a short-term support, and it will continue to rise. Break through the 2020 position.
SELL:1982-1984
SL:1889
TP1:1976
TP2:1970
BUY:1964-1966
SL:1960
TP1:1972
TP2:1978
Time for a pullback to 1910 in Gold?Hello traders, in my previous Gold analysis I mentioned that
Gold will certainly reach at least 1985. Back then Gold was at 1955.
So, if you followed my idea, you definitely made 300-400 pips
when Gold reached 1997.
Currently, Gold has pulled back a little from its highs. If the zone
that I have highlighted in my chart continues to hold, then you
can expect a pullback in Gold to 1910. So, watch out for bearish
price action in the 1995 zone and sell with a target of 1910.
GOLD (XAUUSD): Multiple Time Frame Analysis & Trading Plan 🥇
Daily / 4h / 1h time frame analysis for Gold.
Important key levels.
Price action analysis.
Bearish outlook explained.
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finally at his final supporting area, DONT BE LAZY HERE#GOLD... now market is at his one of the most important and final hope for buyers 1965
keep close this area because if market hold it then only case can creat again buying pressure or if market break and clear this area then our most awaiting area is coming 1940 around..
keep close this area and dont short until market hold it..
trade wisely
good luck
💡XAUUSD: Forecast for the beginning of the week❤️ Hello everyone, hope you have a nice weekend
💡 As you know, this Friday, gold had a strong breakthrough when it was about to hit the 2,000 mark. That is completely reasonable in the context of the Middle East region being tense and investors flocked to gold to preserve their assets
💡 However, in a recent note, Fitch Solutions predicted that gold prices will average 1,950 USD/ounce this year. In addition to geopolitical uncertainty, gold is also supported “as fears of another Fed rate hike in 2023 ease.”
📌Trading strategy for tomorrow:
↗️If Gold turns around when it touches the 1974 - 1975 zone, we will buy in 1979 - 1980
↘️ If Gold breaks the 1974 - 1975 zone, we will sell at 1972 - 1970
‼️ Don't forget to setup Stop Loss to be safe ‼️
What are the rules of gold trends?
After gold opened on Monday, as I said last week, the price made a correction. The lowest price was 1963 and the highest price was 1982.7. Combined with the oil pipe price chart, we can see that the trends are consistent. At present, gold is still rising and has never broken through the upper and lower support levels. Before, we could still trade based on trend analysis. Buy gold according to the trend when the price is low. Once the price breaks through the pressure position, we can use the turtle trading rule,
Based on the current trend, I give a trading signal that is more in line with the trend. Of course, gold prices often get out of control recently due to emergencies, but I still hope to help everyone.
Golden signal:
gold: buy 1972-1975 tp1979-1984 (the buying price will fluctuate according to price fluctuations)
If you are interested in trading knowledge and my analysis, please join me
GOLD today in long-term and short-term trendsGold Analysis October 24: Key Resistance Zones 2000
- Fundamental analysis:
Gold enjoyed another week of impressive price increases between 1932 and 1997 due to risk aversion due to the escalation of the Israeli-Palestinian war. Approximately 6,000 people have died on both sides, and that number is likely to rise further in the near future.
The United States believes that the actions of Iranian proxies are likely to escalate war in the Middle East. If Iranian proxies attack U.S. forces, the U.S. will likely respond. The United States is discussing with Israel how to achieve its military goals. It is predicted that this war could last three months
Super Physical Gold Reserve Fund SPDR suddenly bought 15 tonnes of gold in a trade last Friday, making it the shark's largest purchase in 2023. Predicting a long-term upward trend in gold? Important news was announced to the market today. Trends in Israel will continue to attract attention.
- Technical analysis:
D1's trend has reversed from a decline to an increase after two weeks of significant price increases. . Idea of the day: Wait until the sale ends
. Yesterday, the market produced a pin bar candlestick at bar D1. The candle body was rising, but the long upper shadow indicated a downward pressure trend. According to reports, Hamas also released two Israeli hostages and set terms for a ceasefire. This is a good move to lower gold prices at the moment. The main strategy now is to sell for a profit of about 193x 1900.
. The first half bar is expected to be a little worse for the US dollar as it gradually accumulates smaller amplitudes as we wait for news, especially the news that the Manufacturing PMI index was released in US trading today. As we've seen recently, the U.S. economy remains very strong with strong employment numbers, continued declines in unemployment claims, and a surge in retail sales. So tonight will be the next good news. for USD
****The short trend for the current market is:
☘ Yesterday the market showed signs of sellers jumping into the market when the price went up to the 1982-1983 range and was pushed down immediately. ☘ The closing price right at the 1972 zone is lower than the closing price of the previous days. The above signs show that the sellers are slightly higher than the buyers, but have not yet confirmed the bearish wave pattern. ☘ Today we will prioritize SELL more and wait for confirmation when the price breaks through the 1962-1963 zone to confirm a long-term decline. 🎍 Canh was sold in this region from 1987 to 1988
🌴 City: 1980-1970-1962
SL: 1995
🌴 Short-term purchase period in this region 1962-1963
🌴 City: 1970-1975-1980
SL: 1960
GOLD ( XAUUSD ) Long Term SELLING 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
EURUSD Analyse in 4H Hello traders
In this analysis, we have a model of fast lightning, so we will have a PRZ With OB
This area is considered strong, and there will be a strong rebound from it
Our entry will be in the 1.06920 area and take profits:
- tp1 at 1.0600
- tp2 at 1.05715
- tp3 at 1.05430
placed his first support 1971,keep close.#GOLD.. market just placed his first day support 1971. that was market first support as you can see in my previous idea,
now actually market have 2 supporting areas,
1971
1965
keep close these areas for further move to anyside,
if market hold this area then bounce expected from here,
otherwise breakage can leads you towards further 10 yo 15 points to downside..
keep close and dont be lazy here..
trade wisely
good luck
Gold will continue to rise after adjustment on Monday
Gold will open next week and will continue to rise after a slight correction. As the Palestinian-Israeli conflict continues to ferment, we can see news from all parties at the weekend. We can wait for the opening price to adjust and buy. We are mainly bullish, but we cannot buy blindly. It is more reasonable to wait for the price adjustment.
gold: buy1968-1972 tp1992-1997
If you need more analysis and trading signals, please join me. , I will update my thoughts based on real-time trends
Did gold just to choose to shoot up to $2.169?Gold like many other markets have been in difficult territory to trade well this year.
We cannot predict but only probability predict. And with probabilities, things can change so quickly.
I am currently long a couple of gold stocks as of last week, and it looks like the direction is right for now.
And finally, the gold price is matching the drapes.
We are seeing gold stocks head on up along with the precious metal which is bringing somewhat a positive correlation.
If we look at the overall pattern, since March it's formed an unattractive Symmetrical Triangle.
And now the price has broken above the triangle, choosing a direction - UP
This is also coincidental as the world markets have broken down in their Sideways 1 year range. We can expect world markets to continue down, while gold is more likely to rally.
Could it be the safe-haven status market we need right now for when things are down?
With cryptomaniacs scared to invest based on what's happened over the last two years and with NFTs losing over 90% of their value.
It could be the best market to invest in at the moment.
Good old trustworthy boomer of an investment.
7>21>200
RSI>50
Target $2,169
