PCE weekend news - Gold price tries to recover⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Meanwhile, XAU/USD demonstrated some strength beneath the 50-day SMA, buoyed by anticipation that the Fed will commence its rate-cutting cycle in September. This has kept the USD subdued below a two-week peak reached on Wednesday, helping Gold to draw in some buyers. However, upward momentum appears constrained as traders await the upcoming US PCE Price Index release on Friday, which could signal the Fed's policy direction. This data will likely influence USD demand and inject new momentum into the non-interest-bearing gold market.
⭐️ Personal comments NOVA:
Gold price H4 frame completes wave 5 ELLIOT, will sideways stabilize below 2400 creating more liquidity for the market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2352 - $2354 SL $2347
TP1: $2360
TP2: $2368
TP3: $2375
🔥SELL GOLD zone: $2400 - $2402 SL $2407
TP1: $2390
TP2: $2380
TP3: $2370
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Xauusdlong
Gold is Ready to Go Up==>>Short termGold has managed to break the Support zone($2,398-$2,376) and the Uptrend line .
Gold is currently approaching the Support zone($2,351-$2,329) and Potential Reversal Zone(PRZ) .
I expect Gold to rise to at least the Support line again.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Today Gold Gonna FLY 2400?Yesterday Plan Didn't Work As Planed. But We Make A Huge Profit In My Privet Channel. Buy And Sell. Today I'm Expecting Price Will Rebound To Back Again To 2398 At Least Before More Further Fall. Soon Price Will Reach 2330 As I'm Expecting .Today Intraday Plan Is To Go Long
26th July GOLD PREDICTIONAs you can see on the chart, gold experienced a strong downward trend, with the trendlines shown, we expect gold will have a correction to buy
My plan today:
BUY 2349 -2354
SL 2346
TP 2380
NOTE: this prediction is not advisable investment, your success depends on your knowledge and experience.
Gold Thursday Trading Signals and Strategies
#xauusd Today is Thursday, July 25, 2024.
Gold broke through 2412 yesterday and reached the 2431 I mentioned.
My sell signal yesterday helped everyone make 300-600pips.
Today gold broke through a new trend again. So I gave several trading ranges.
Gold buy:
xauusd buy
2361-2365
2351-2355
Gold sell:
xauusd sell
2399-2402
2409-2412
You can try trading when the trading price is reached.
I hope my analysis will continue to help everyone make a profit. If you use my signal to make a profit, please give me a thumbs up and join me
XAUUSD: +2000 Pips Price is Forming AB=CD PATTERNDear Traders,
After looking at how price behaved since last week, we think there is a chance for price to drop to 2330$ which remain a crucial area where we can see reversal and potential a big buy opportunity. Wait for pattern to be completed once the pattern has been formed, we can see strong buying pressure kicking in the market. We wish you all the best and trade safe.
Good luck and trade safe!
XAUUSD Gold Technical Analysis and Trade Idea👉🔍 We can observe that XAUUSD (Gold) has been in a strong bullish trend recently. However, it has experienced a significant retracement into a key support zone. In the video, we discuss market structure, price action, the trend, and the fact that this has moved into a significant liquidity pool. I'm expecting to see a potential reaction and an opportunity to go long if the price action unfolds as described in the video. As always, this is for educational purposes only and should not be considered financial advice. 📊✅
GOLD DECREASED unexpectedly in the opening session🆕 market truth always surprises us. Gold according to us stocks, decreases thousands of points in mt5. Therefore, it is possible to take the psychological factor of the yuan influenced by the us stock market as a measure and judge that gold has reversed and broken the uptrend.
🆕 today, july 25, 2024: with current developments, no more commentary necessary, mainly focused on developments in asia, european stock market and gdp news, subsidy proposals unemployed tonight we are at 7:30 pm new comments.
⁉️ the chances for gold to rise tonight are decreased as it is expected to support the bounce back of gold in all us cks. Stock market has been pressured and decreased for the second consecutive day.
⁉️ asian and european session we watch the market waiting for the reverse point at 5-10 the price is selling down to the 62.63 area.
⚡️gold buy entry: 2360-2362 ⚡️
✔️tp 1: 2376
✔️tp 2: 2384
✔️tp 3: 2392
❌sl 2354
⚠️note: the market always makes us follow the goal order principles (sl-stop 5 prices) and be disciplined in trading.
⭐️ wish investors successful trading
What happen To Gold Is This A Pullback?In My Opinion Gold Need To Take The 4H FVG To Confirm Liquidity To Get More Sell But Gold Will Test Again 2318 Area And Will Short Sell To 2400 While Confusing retail Traders And Will Buy From 2400 Area To Back Nonstop 2440 To Get The FVG Then Will Happen What Need To Happen.
Will See In The Future
XAUUSD: Influenced by data and news, it is bullish todayOANDA:XAUUSD TVC:GOLD COMEX_MINI:MGC1! COMEX:GC1!
Gold fell back to the 2400 integer mark yesterday, and rebounded under the impetus of two favorable data, and the Indian government announced plans to reduce the import tariff on gold and silver from 15% to 6%. India's increased demand for gold may push up global gold prices, as India is the world's second largest gold consumer. Therefore, gold has finally ended the trend of falling for four consecutive trading days. Affected by the above news and data, gold is likely to continue to move upward in the short term.
This week, the focus still needs to be on the US second quarter GDP data released on Thursday, and the latest personal consumption expenditure (PCE) price index to be released on Friday, because this is the Fed's preferred inflation indicator. Only after these two data are released will the market really move in a new direction.
From the gold price hourly chart
The resistance range is: 2425-2430
The support range is: 2385-2390
Trading strategy: first bullish, then adjust according to real-time dynamics
Go long on gold! Target 2420-2430Yesterday, gold fell to around 2384, and then began to fluctuate and rebound. It has now touched around 2412 and then fell again, and is now hovering around 2400.
From a technical point of view, gold has formed a bottom pattern in the process of fluctuating and rebounding. Yesterday's low was 2384, and today's low was 2388. The lows are rising step by step, and it is trying to further break through yesterday's high of 2412. From the hourly chart, gold is very likely to follow a five-wave rising structure. The 2405-2400 area has become the top of the previous wave and is currently in a four-wave correction. As long as the current correction does not fall below the 2400-2395 area, there is no doubt that the next step is to break through the high of 2412.
At present, the upper pressure is in the 2420-2430 area, so there is a high probability that it will try to touch above 2420 today. So in terms of trading, I will still give priority to long gold!
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