Golds not done next weeks move.What an amazing week it has been! We executed a flawless trade setup, capturing over 700 pips, driving gold to impressive highs of 2236. Looking ahead to next week, I anticipate further upward momentum towards 2042, marking the top of its current channel. Expectations are for price to fluctuate between 2042 and 2030 before a decisive breakout. Currently, there's a 4-hour fair value gap, with 2200 possibly transitioning into a supportive level. We may witness a retracement to this zone before resuming the upward trend.
Goldtradingsetup
2153 buy gold. If gold rises to 2165-2168, sell again. ACTIVTRADES:GOLD TVC:GOLD OANDA:XAUUSD FXOPEN:XAUUSD VELOCITY:GOLD MCX:GOLD1! NCDEX:GOLD CAPITALCOM:GOLD
The upper top initially appears. Profitability is certain by following the instructions.
xauusd@2153-2155buy. tp2162-2165.sl2145
xauusd@2165-2168Sell. tp2155.sl2175
When you are not a member and follow the above operations, remember to control risks.
.Also continue to follow the author
Buy at 2153-2154.See it and trade it
Buy at 2153-2154. TP2164,SL2144
The news that CPI and Treasury auctions led to a rise in the US dollar was almost completely digested. The dollar will fall in the short term.
Gold after a sharp decline. Rely on the support of the track below Bollinger Bands and choose to buy. CAPITALCOM:GOLD MCX:GOLD1! NCDEX:GOLD TVC:GOLD FXOPEN:XAUUSD TVC:DXY OANDA:XAUUSD ACTIVTRADES:GOLD VELOCITY:GOLD
GOLD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY GOLD
! Great BUY opportunity GOOLD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
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XAU/USD 28 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
As mentioned on 22/03/2024, Intraday expectation is for price to react H4 POI to then target fractal high, which is currently underway.
H4 Chart:
M15 Analysis:
Analysis/Bias remains the same as yesterday (27/03/3034)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure. Sub-internal structure has printed a further bullish iiBOS.
Intraday expectation is for price to pull back following iiBOS to either M15 POI or 50% EQ of the sub-internal structure before target weak internal high which is denoted by blue dashed line.
M15 Chart:
Unlocking Opportunity on Gold (XAU/USD)💰1. **Trading Opportunity Alert**:
- Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉
- But wait! A break and retest? That's like a secret passage opening up. 🗝️
- Traders, grab your maps and compasses! 🗺️
2. **Geopolitical Scenarios and Gold**:
- Geopolitics? It's like gold's secret rendezvous with drama. 🌎
- When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸♂️
3. **Fed Rate Cuts and Gold Prices**:
- The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄
- When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫
- Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸
- **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀
- Picture gold as James Bond: cool, collected, and ready for action. 🕶️
Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟
Disclaimer: This is not financial advice, must make their own decisions.
Unlocking Golden Opportunities💰1. **Trading Opportunity Alert**:
- Gold's at the **2185 resistance**—a fortress guarded by dragons. 🐉
- But wait! A break and retest? That's like a secret passage opening up. 🗝️
- Traders, grab your maps and compasses! 🗺️
2. **Geopolitical Scenarios and Gold**:
- Geopolitics? It's like gold's secret rendezvous with drama. 🌎
- When tensions rise (cue dramatic music), gold slips into its superhero cape. 🦸♂️
3. **Fed Rate Cuts and Gold Prices**:
- The **Federal Reserve (Fed)** wields its interest rate wand, and gold dances to its tune! 🪄
- When the Fed lowers rates, gold's allure sparkles brighter. Why? Because other assets suddenly seem less dazzling. 💫
- Imagine gold as a glamorous celebrity at a party. When rates drop, it's like the paparazzi swarming around, snapping pics. 📸
- **Conflict Mode**: Israel-Palestine, Russia-Ukraine—these plot twists send gold soaring. 🚀
- Picture gold as James Bond: cool, collected, and ready for action. 🕶️
Remember, in the financial saga, gold's the mysterious protagonist. Keep an eye on those plot twists! 😉📈🌟
Disclaimer: This is not financial advice, must make their own decisions.
XAUUSD: Double top , short, target 2183-2169
On the 30M chart, a short position has appeared, a small double top. Since it is already obvious, our transaction does not require too much consideration. The probability of profit from selling is very high.
This time it will fall back, at least to around 2183, and then it will be in the 2176-2169 range.
Friends who follow the trade, if your account is relatively small, please pay attention to controlling the trading volume, do a good job in risk management, and leave me a message if you have any questions.
Wish us good luck!
Gold continue rise upside Hey there on 1htF the Gold has moved uptrend above 2200
The daily chart analysis close the upper resistance area on 2187-2180
So we are now Bulls are ready to fly again over the 2200
And the sell scenario have decrease in these days so we think that on End Of the March has closes above 2200$ per ounce
XAU/USD 27 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
As mentioned on 22/03/2024, Intraday expectation is for price to react H4 POI to then target fractal high, which is currently underway.
H4 chart:
M15 Analysis:
Analysis/Bias remains the same as yesterday (26/03/3034)
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
Price printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates last week.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Analysis on 22/02/2024 was for price to indicate initiation of pullback by printing a bearish CHoCH which was denoted with a blue dotted line. Price printed this.
Due to the size of the internal range I plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure has now switched bullish in-line with internal and swing structure.
Intraday expectation is for price to target weak internal high which is denoted by blue dashed line.
M15 Chart:
Gold rebounded to the high of the shock range, Sell againYesterday, gold did not fluctuate much. The K-line rebound was also around 2180, and then it could not move forward. It was obvious that the bulls were weak and had no strength. The resistance above was still strong. The negative line continued to go downwards, and the rebound was also yin and yang. It is definitely not a U-turn. We continue to trade high and sell under pressure at 2184.
The gold four-hour line is still in a downward trend. The upper resistance line of 2185 and 2196 are currently difficult to cross. Yesterday's closing price was near 2172, which is obviously below 2180. The macd energy column is also gradually declining, directly approaching the zero axis. Yes, the overall bias is mainly bearish.
The signal of gold peaking is obvious, the current price is SellToday’s strategy sharing
Gold has clearly peaked at the moment, with continuous negative lines falling. Even the rebound is short-lived. After all, it still looks like it is falling. It is suppressed by the moving average after all. The moving average is running downwards, with no possibility of turning around. The continuous negative line covers the rebound of the positive line, which is obviously If you look at the decline, continue to wait for the 2145 line.
So I think now I can wait for the rebound and sell again
XAUUSD: 25/3 Today’s Analysis and StrategyGold was trading around 2166 on Monday; affected by a series of factors, gold prices experienced extremely rare fluctuations last week, with a single-week fluctuation of nearly $77. Last Friday, due to the optimistic economic outlook of the United States, DXY strengthened, and DXY refreshed its monthly high of 104.41. Precious metals faced a sharp sell-off, and the price of gold expanded its decline to around 2157.
After the Federal Reserve's monetary policy meeting, it retained expectations of three interest rate cuts during the year, which put pressure on the U.S. dollar, but helped London gold prices rise to a record high above $2,220. Although the Fed has hinted that it may cut interest rates three times in 2024, the final decision will depend on economic data. Gold bulls may stage a comeback if upcoming U.S. data supports a rate cut, however, bears are also lurking, waiting for the next opportunity to suppress prices.
Due to the tense conflict between Russia and Ukraine, investors need to beware of further escalation of the geopolitical situation caused by terrorist attacks, which is expected to provide further upward momentum for gold prices. New home sales data will be released on Monday, durable goods, consumer confidence and Richmond Fed survey data will be released on Tuesday, and MBA mortgage applications will be released on Wednesday. However, Thursday will be the busiest day next week due to the Easter long weekend, when final fourth-quarter GDP data, jobless claims, pending home sales data and the University of Michigan Consumer Sentiment Survey will be released data.
Gold technical analysis
Daily resistance is 2250, support below is 2177-45
Four-hour resistance is 2186, support below is 2150
Gold operation suggestions:
Last Friday, as the market began to consider the possibility that the Federal Reserve would cut interest rates later, the U.S. dollar index continued to strengthen. The technical aspect of gold was suppressed below 2186, showing a weak and volatile adjustment. The Asian market opened slightly higher throughout the day and came under pressure of 2186, and then began to fall continuously downward. Then it accelerated downward and broke through 2170 to reach around 2162 and fell into sideways shock. The US market reversed for a second time and came under pressure. 2180 fell back again and fluctuated downward to break the bottom and close. The daily K-line closed negative. The overall price continued to suppress and adjust at the short-term high of 2222, and the short-term long and short strength dividing line moved down to the 4-hour top-bottom conversion level of 2186.
Judging from the four-hour daily analysis, the current daily level is still consolidating in the range before it breaks through the 2145 position below. Today, the short-term resistance above is 2186. Before the short-term daily level does not break through and stands above 2186, high-level consolidation is cautious to pursue the bullish trend.
BUY:near 2145
SELL:near 2186
Technical analysis only provides trading direction!
Contact Jiesse for trading support
XAU/USD 25 March 2024 Intraday AnalysisH4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
Intraday expectation is for price to react H4 POI to then target fractal high.
Because of the need for HTF's requiring a pullback, another potential scenario would be for price to continue bearish and print a bearish iBOS which would then indicate the Daily pullback has initiated.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bearish
Price has printed a bullish iBOS followed by bullish BOS following the Fed's dovish outlook on interest rates yesterday.
Price printed a bearish CHoCH, indicating, but not confirming, that pullback has initiated. This is also a requirement for all HTF's
Analysis on 22/02/2024 was for price to indicate initiation of pullback by printing a bearish CHoCH which was denoted with a blue dotted line. Price printed this.
Due to the size of the internal range I have plotted sub-internal range, which is denoted in red, to gain a micro-view of price action.
Sub-internal structure is bearish.
However, due to the requirement for all HTF's requiring a pullback, an alternative scenario would be for price to print a bearish swing BOS which would then confirm the initiation of H4 pullback.
From a sub-internal intraday bias and perspective, price to react at 50% EQ or potentially strong internal high before targeting weak internal low.
An alternative potential scenario would be for price to print a bullish iiBOS which would then align both both swing and internal structure for price to target weak internal high.
M15 Chart:
XAU/USD 25-29 March 2024 Weekly OutlookWeekly Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has finally printed a bullish swing BOS.
Most likely scenario would be for price to pull back following swing BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue dotted line. Price has now printed a bearish CHoCH.
Internal structure is now confirmed
Expectation is for price to react at Weekly POI's or 50% EQ, which is denoted in blue, before targeting weak internal high.
Weekly Chart:
Daily Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
Most likely scenario will be for price to pull back following swing BOS. First indication, but not confirmation, would be a bearish CHOCH denoted with a vertical dotted line.
Price could potentially continue to trade bullish to seek further liquidity before pullback, however, it is looking increasingly likely a pullback will be imminent as the CHoCH has been brought considerably closer.
Daily Chart:
H4 Analysis:
Bias/Analysis remains unchanged since last analysis dated 22/03/2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's bullish run following the Fed's dovish outlook on interest rates.
Price has printed a bullish iBOS where we are currently trading within a fractal high and internal low.
Relative to recent price action of the swing range, I have readjusted bullish BOS to bullish iBOS.
Intraday expectation is for price to react H4 POI to then target fractal high.
Because of the need for HTF's requiring a pullback, another potential scenario would be for price to continue bearish and print a bearish iBOS which would then indicate the Daily pullback has initiated.
H4 Chart:
XAUUSD BUYGold price (XAU/USD) drops to $2,150 in Tuesday’s European session as a strong US Dollar weighs heavily on the precious metal. The appeal for Gold remains subdued amid uncertainty ahead of the Federal Reserve’s monetary policy decision and the release of the quarterly dot plot on Wednesday.
The Fed is widely expected to keep interest rates unchanged in the range of 5.25%-5.50% for the fifth time in a row, but uncertainty over rate-cut projections keeps the Gold price on the tenterhooks. Investors are scaling back bets that the Fed could begin reducing interest rates in June, putting further downside pressure on Gold.
XAUUSD LONG ANALYSISGold trades deep in negative territory below $2,170 on Friday as the persistent USD strength doesn't allow XAU/USD to benefit from declining bond yields. The pair still looks to post small weekly gains after having pulled away from the record high it set above $2,220 on Wednesday.
Gold 4 Hour - Bullish Retracement Action into Bearish ShortWe basically traded our first bear fib on a longer term timeframe with the move down from highs . . . Our lows on Friday afternoon's session came within a buck of targets, so there could be a substantial retracement, potentially an "ALL THE WAY, HALF WAY BACK from the ALL TIME HIGHS. What this would look like is a Head and Shoulders Top . . . with the right shoulder going as high as 2198 . . . The bulls could be out in force next week . . . and we would be right there joining them on counter-trend long trades. But, Remember when I said I would be selling spikes in the last entry. A move to 2198 would qualify as a spike. Failure for the bulls to break into new highs would be seen as a top here. And, the inability to get past 2200 would be the sell signal the the market needs to bring us back to a meaningful retracement for the year.
Golds out look for next week. On Friday, we observed a descent to the 4-hour demand zone, concluding with a precise closure at 2156, followed by a bullish surge in the final four hours. This entry point aligns with our anticipation of reaching all-time highs, driven by the bullish flag pattern identified earlier.
Beneath this demand zone lies a critical support level, tested four times, displaying robustness alongside a closely tracked trend line. Absent a break and retest of both, there's no compelling reason to consider selling. Considering the bullish long-term outlook for gold amidst geopolitical tensions and a weakening dollar, downside prospects appear limited for now.
Continuing our buying strategy, our focus remains on gold surpassing its pivot point at 2177, then targeting resistance levels between 2180 and 2185. Friday's attainment of 2180 resulted in a 200-pip descent to our demand zone, presenting an opportune bounce area for scalping. A breakout beyond this level, followed by a retest, signals a robust buy opportunity towards the subsequent resistance at 2200.
To confirm a bearish sentiment, we await the breach of the trend line, coupled with a break below the 2152.45 support level, followed by a retest, before considering sales.
XAUUSD: 22/3 Today’s Analysis and StrategyGold continued to fall sharply on Friday, currently at $2,166. Gold prices fell back on Thursday. After Federal Reserve Chairman Powell hinted on Wednesday that he would cut interest rates three times in 2024, spot gold gained additional momentum, once reaching a record high of $2,222. But gold prices gave up gains as the dollar index rebounded as the number of U.S. jobless claims unexpectedly fell last week and existing home sales increased by the most in a year in February, signs that the economy remains solid in the first quarter.
Supported by strong economic data, the U.S. dollar index rose 0.58% on Thursday, recovering all of Wednesday's losses and closing at 104.02, the highest closing price in March. The Swiss National Bank unexpectedly cut interest rates and the Bank of England issued a dovish signal, which also gave the U.S. dollar a boost on Thursday. Indexes provide upward momentum.
Next week's unemployment claims data will provide more clues about the health of the labor market in March. Thursday's report showed that the number of so-called continuing claims rose by 4,000 to 1.807 million in the week ended March 9.
Gold technical analysis
Daily resistance is 2250, support below is 2145
Four-hour resistance is 2178, support below is 2146
Gold operation suggestions:
From the daily level and the current four-hour perspective, for gold, we focus on the suppression of 2200 at the top, and the short-term support at 2146 at the bottom. In terms of operation, we first treat it in a range, wait patiently for the market to adjust fully, then enter the market, and the market will call back to around 2150. A radical plan It is to enter the market to go long, but if the market falls below the 2146 mark, the long position will be over (based on the daily closing price). After it falls below, we can follow the trend and enter the market with short orders.
SELL: around 2145
SELL: around 2178
BUY: around 2150