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Xauusdforex

XAUUSD: 1HR VIEW Targeting $2300! Second Entry UpdateDear Traders, Price has shown some strong bearish pressure as it failed to go beyond 2408, where it ranged for entire London and New York session. We waited until now to have some strong confirmation of how price may move. We are now confident enough to have a bearish outlook on Gold. If you like the idea then like and comment. Previous idea is running +400 pips. Keep supporting and good luck to everyone. Trade safe.
OANDA:XAUUSDShort
by Setupsfx_
16
Xauusd sell confirm signal In the near term, XAU/USD is neutral. The 4-hour chart shows a bearish 20 SMA keeps heading south below the current level after crossing below a flat 100 SMA. The 200 SMA, in the meantime, provides dynamic support at around $2,385.00. Finally, technical indicators have bounced from their recent lows but turned flat within neutral levels, somehow suggesting absent buying interest as per XAU/USD holding just below their midlines. Support levels: 2,385.00 2,372.90 2,366.00 Resistance levels: 2,411.20 2,424.10 2,438.80 Gold now sell 2389 Target 2385 Target 2380 Target 2360 Sl 2411
OANDA:XAUUSDShort
by JohnHarry_7
The GOLD market fluctuates strongly after the Non-Farm Payrolls XAUUSD analysis on 05/08/2024: Gold's plunge on Friday, August 2, 2024, from the 2478 zone to 2410-2413 as we predicted. Gold is still expected to correct but without breaking the long-term uptrend structure. Predicting gold could reach the 2800 milestone is entirely possible. Key price zones to watch: 2463-2470, 2390-2396, and 2370-2377. Recommended orders: Plan 1: SELL XAUUSD zone 2465-2467 SL 2471 TP 2462-2450-2430-2396. Plan 2: BUY XAUUSD zone 2394-2396 SL 2390 TP 2399 -2420- 2445 -open. Plan 3: BUY XAUUSD zone 2375-2377 SL 2371 TP 2374-2395-2420-open.
FX:XAUUSD
by wetdyerap
XAUUSD : Gold is plunging, will it return to 2300?Gold prices have formed a "Bullish Harami" pattern, but unfortunately cannot maintain the upward momentum and are currently struggling around the $2,400 mark. If it closes below this mark, gold prices will likely continue to decline. The RSI indicator is in the 40.0-60.0 zone and moving sideways, showing a balance between buying and selling power. If gold prices can return and surpass $2,430, the next target will be $2,450, followed by the historical peak of $2,483 and the psychological threshold of $2,500. On the contrary, the gold price continuing to adjust below USD 2,384 may open up deeper declines. The next support levels are SMA 50 at $2,359 and SMA 100 at $2,315, respectively.
OANDA:XAUUSD
by SantaTradeGold