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Goldtradingstrategy

XAU/USD 09 October 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Analysis dated 06 October 2024 was accurate, with price targeting the weak internal low and printing a bearish iBOS. We are now trading between an internal high and fractal low. CHoCH positioning is still quite a distance from current price, so it’s possible that price may print new lows to bring CHoCH closer to current price. Intraday Expectation: Price is expected to print a bullish CHoCH to indicate the initiation of a bullish pullback phase, keeping the above scenario in mind. I advise caution due to ongoing geopolitical tensions and the Fed's dovish stance. However, we will remain systematic in our approach. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's analysis (08 October 2024) was accurate, with price pulling back, printing a bullish Change of Character (CHoCH), reacting at the premium of the 50% internal equilibrium (EQ), and then targeting weak internal low, ultimately printing a bearish iBOS. We are now trading between an internal high and fractal low. Intraday Expectation: Price is expected to print a bullish CHoCH, indicating the initiation of a bullish pullback phase. Bullish CHoCH positioning is marked with a blue dotted line. Price is likely to react at the premium of the 50% EQ or the M15 supply zone before targeting the weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Wednesday Market Analysis and SignalsTechnical aspect Technical aspect: the continuous decline of gold daily line broke the adjustment range of the past two weeks. After the daily New York closing price of ten weeks MA10 daily moving average, the current MA7/10 daily moving average opened downward to suppress the 2644/2647 line, the 5-day moving average is at the 2638 line, the RSI indicator callback is close to the central axis, the four-hour moving average dead cross opened downward, the price is running in the middle and lower track of the Bollinger band, the RSI indicator is running below the central axis 50 value, and the short-term moving average suppresses 2632/36. Gold 4 hours continues to turn downward, and there is still room for gold shorts. Gold 4 hours has shown a multiple top structure, and then fell and broke. Gold has fallen below the previous low point. The previous gold transaction concentration area above 2632 has now formed a heavy pressure area; gold rebounds to 2632 and continues to short at highs. Sell high and buy low in the 2600~2632 range
OANDA:XAUUSDShort
by Jun-goldFX
Tuesday Market Analysis and SignalsIn the early Asian session on Tuesday, spot gold fluctuated in a narrow range and is currently trading around $2,641 per ounce. Gold prices fluctuated and fell 0.38% on Monday, rising to around $2,660 at the highest point during the session and hitting a low of $2,637. Federal Reserve officials said that it is not appropriate to relax monetary policy excessively. Recent employment data is good, and investors have lowered their expectations for the Federal Reserve to cut interest rates sharply in November. The US dollar remains strong, and the US Treasury yield has risen above 4% for the first time in two months, which has also put pressure on gold prices! The US dollar hovered at its highest level in seven weeks, making gold denominated in US dollars more expensive for investors holding other currencies. The US 10-year Treasury yield broke through 4% for the first time in more than two months on Monday, which means that the opportunity cost of holding gold has increased, reducing the attractiveness of gold. In the short term, gold prices are still facing the risk of further correction in the short term, but the prospect of further interest rate cuts by major central banks around the world and geopolitical tensions still attract bargain hunting and safe-haven buying to support gold prices. This will limit the correction space for gold prices. On this trading day, we need to pay attention to the US trade account in August, continue to pay attention to the speeches of Fed officials and news related to the geopolitical situation, and pay attention to the impact of the performance of global stock markets on risk aversion. Huang Jin continued to fluctuate and adjust in a wide range, consolidating around the triangle range of the hourly chart, and continue to pay attention to the intraday adjustment of the 2630/2670 range. The 4-hour moving average has already crossed, and it has not been able to break through the moving average after multiple upward surges. The 2652 line has become a barrier. There is also an important signal, that is, no news that is bullish on gold has pushed it up, and the gold price may turn down at any time! Asian market trading strategy: 2630-2632 long, stop loss 2621, target 2650-2660; 2652-2654 short, stop loss 2663, target 2630-2620;
OANDA:XAUUSD
by Jun-goldFX
World gold costs dropped sharply withinside World gold prices dropped sharply in the context of the rising USD index. Recorded at 0:00 on October 9, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 102,340 points (up 0.04%). World gold prices faced a wave of selling when a senior official of Hezbollah expressed support for Lebanese officials' efforts towards a ceasefire. Market participants are seeing the news as a easing of tensions in the Middle East. Not only gold, news about Hezbollah has "sunk" the crude oil market - a commodity that is closely related to precious metals. Nymex crude oil price decreased by about 3.75 USD/barrel to 73.5 USD/barrel. 💎 TVC:GOLD buy 2617- 2615💎 ✔️TP1: 2625 ✔️TP2: 2635 ✔️TP3: OPEN 🚫SL: 2609 💎 TVC:GOLD sell 2637- 2635💎 ✔️TP1: 2625 ✔️TP2: 2615 ✔️TP3: OPEN 🚫SL: 2643
TVC:GOLDLong
by FalCol_TradingMaster
WEEKLY FOREX FORECAST SEPT 7-11th: GOLD | XAUUSDGOLD | XAUUSD is in consolidation currently. I am waiting for it to touch down at the Weekly +FVG and move higher. I'm interested more in long setups versus shorts. Patience usually pays, so I wait and watch for valid setups to form this week. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
COMEX:GC1!Long
by RT_Money
2
GOLD ROUTE MAP UPDATEHey Everyone, Another great day on the chart today with our analysis playing out once again. We got the Bullish target hit yesterday at 2655 and then no ema5 cross and lock above the level confirmed the rejection. Today we got our Bearish target at 2633 hit, which also gave us the weighted level bounce inline with our plans to buy dips safely for 30 to 40 pips. Followed with a break below 2633 completing the retracement range at 2611 in true level to level fashion. We will now look for support above here for e re-test at 2633 or a cross and lock below 2611 will open the swing range. We will keep the above in mind when taking buys from dips. 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 shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2655 - DONE EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2674 BEARISH TARGETS 2633 - DONE EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2611 - DONE EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE SWING RANGE 2586 - 2558 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
6
GOLD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone GOLD moving higher as it tests the strong resistance level.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
TVC:GOLDShort
by TheGrove
3
Gold shorts are not over yet, watch out for accelerated declinesThe September NFP data is good news for the market, giving the market more reasons to prepare for the latest inflation data. Last week's heavyweight employment report puts more pressure on this week's CPI data. If the data unexpectedly rises sharply, it is likely to cause market turmoil. After the blowout employment report last Friday, the importance of this week's CPI has been significantly provided. We have noticed that the US dollar has continued to maintain its upward momentum recently. It is likely to continue its upward trend before the release of CPI data. If there is a correction, it can only be after CPI. Therefore, the rise of the US dollar will bring continued suppression to gold. It can be seen from the figure that the gold price has repeatedly tested the low point of 2630 during the decline. I think 2630 is not a short-term bottom. It will fall below in the next two days. Once it falls below, you can see the support of the lower moving average near 2615. In addition, 2648 is the 0.382 position of the Fibonacci retracement. The pressure effect here has been verified many times before, so friends who are short can choose to sell here. My personal short position is currently in a state of substantial profit, but I will not close the position for the time being. I will continue to hold and expand the profit.
TVC:GOLDShort
by AntonyTP
10,8 Technical Analysis of Gold Short-term OperationsAt the end of the Asian session on Tuesday (October 8), spot gold maintained its intraday decline, and the current gold price fell to around $2,627/ounce. Spot gold closed down 0.41% on Monday at $2,642.28/ounce. There was no important data released from Monday to Wednesday to guide the market, but the speeches of several Fed officials need special attention, and then there is the September CPI data on Thursday, the initial jobless claims data for the week, and the minutes of the Fed meeting at 2 a.m. From the daily level, a small negative column was recorded yesterday, and the price remained below the short-term moving average. The moving averages of other cycles were arranged upward. The Bollinger overall intended to close, the MACD double-line dead cross probed downward, and the green kinetic energy column increased in volume, which was in line with the K-line trend. The primary pressure above was around $2,650, which was close to the previous high. Below this, the daily line still tended to be short. $2,650 is the first resistance, and further resistance upwards is near 2,660 (three points above and below). If the intraday rebound does not break through and there is no geopolitical situation to increase risk aversion to support it, the technical retracement and repair demand will continue. Further support below is $2,630. After breaking through, it can extend to the $2,620-2,618 range. In other words, today's trend is expected to retrace first. If it can retrace to the expected range, you can participate in the bullish trend.
TVC:GOLDShort
by David_strategy
3
xauusd / gold ideawe can see near 2653 there have a FVG market have to trigger that entry for sell side dip so once market trigger the area go for lower time frame minimum 5m so you can see a CHOCh on that area once you get CHOCh go for a sell fly 📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me ! Best Regards , Davis 🥰 Hit the like 🤞🏻 button to !! Motive some energy !!🥇 📌 Note : ⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻 ⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading ⨹ This is my pre and post market analysis to improve my trading journey 🚀 ⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀 ⫸ You are responsible for your trading ✅ not me ❌ ⫷ HAPPY TRADING 🥰
OANDA:XAUUSDShort
by TRADING_MASTER_DAVIS
Gold May Fall to 2615.00 - 2625.00 (READ DESCRIPTION)Gold May Fall to 2615.00 - 2625.00 Pivot Point: 2650.00 – This level acts as key resistance, capping potential upside moves. A sustained break above it would indicate a shift in momentum. Primary Strategy (Our Preference): Entry Point: Short positions below 2650.00. Target Levels: 2625.00: This serves as the initial downside target, indicating a potential decline from the pivot point. 2615.00: If bearish momentum continues, further downside towards this level is likely. Alternative Scenario: Entry Point: If the price moves above 2650.00, consider long positions. Target Levels: 2659.00: A move higher could test this resistance level first. 2670.00: Further bullish momentum may drive Gold toward this higher resistance. Technical Outlook: RSI Indicator: Likely indicates bearish sentiment, suggesting a risk of further declines as long as resistance at 2650.00 holds. MACD Indicator: May be below its signal line, reinforcing the bearish momentum. Moving Averages: Gold is likely trading below its 20- and 50-period moving averages, suggesting continued short-term weakness. Market Dynamics: As long as 2650.00 remains resistance, further price declines are anticipated, targeting 2625.00 and potentially 2615.00. A break above 2650.00 could shift momentum to the upside, with targets at 2659.00 and 2670.00, indicating a reversal of the current bearish trend.
OANDA:XAUUSD
by CharivapaAlgo
Gold price analysis October 8Fundamental analysis Gold prices attracted some selling for the fifth consecutive day on Tuesday, falling to their lowest in more than a week, close to the $2,630 trading range support level in the first half of the European session. Friday’s upbeat US jobs report provides further evidence of a resilient labor market and forced investors to trim their bets on another aggressive rate cut by the Federal Reserve. This, in turn, was seen as a major factor undermining demand for the non-yielding yellow metal. That said, a softening US dollar (USD), coupled with the risk of further escalation of geopolitical tensions in the Middle East, could provide some support to safe-haven gold prices. Traders may also refrain from placing aggressive bets ahead of the release of the FOMC meeting minutes on Wednesday. Additionally, the US Consumer Price Index (CPI) and the US Producer Price Index (PPI), scheduled for release on Thursday and Friday, will provide fresh impetus to XAU/USD. Technical analysis Gold price is pushed up to 2647 before the US session. Attention price zone 2649-2651. When the US session enters, the price cannot break this zone, we sell to 2622-2611. In case this zone breaks, we wait for retes BUY in the 2643-2645 zone, target today 2660. Wish you successful trading with the strategy and important price zones that I have noted.
OANDA:XAUUSD
by TVS-Trader