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Xauusdsignals

XAUUSD:Sell 1981-1986, Buy 1969-1963 Hello everyone, welcome to Allen's strategy column. Yesterday I shared with you today's trading plan, focusing on the resistance from 1974 to 1989, and also talked about the trading direction. I am more inclined to rise. The market is in line with expectations. The support was tested during the Asian and European trading periods, with the lowest at 1961.It has not fallen below 1957, which is very good. Now it is above 1970, which is very close to the resistance of 1974. If it can be maintained above 1969 before the start of the US market, then there is a very good chance of testing around 1979-1981 when the US market opens. . Trading signals: Sell 1981-1986, Buy 1969-1963. If you encounter a problem that cannot be solved, you can tell me and I will try my best to help you. Good luck to everyone!
FOREXCOM:XAUUSD
by Allen_Ex
XAUUSD Retracement almost completed. Sell opportunity.Gold (XAUUSD) took advantage of the lower than expected U.S. CPI and rose aggressively back above both the Channel Down and the 4H MA50 (blue trend-line) but not before hitting our Lower Low target within the Channel Down (see chart below): Even though this rise is more based on fundamentals than technicals, the price is approaching the 0.618 Fibonacci retracement level where the previous Channel Down break-out formed a top and reversed (September 01 2023). If fundamentals continue to influence the market more, then we might see Gold rise a little more, until the 4H RSI gets close to 80.00, but the upside is limited. You can start selling with a first short-term target the 0.236 Fib ay 1947.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
2
Gold looks ripe for a pullbackGold prices rallied nearly 11% over a 3-week period into the cycle highs. Yet the characteristics of its clean, strong bullish move have been replaced with choppy price action since it failed to hold above $2000. A shooting star formed on Friday following its false break of $2000 to form a lower high on the daily chart. And this was followed by a bearish engulfing day on Monday to show momentum is trying to turn lower. Given the strength of the initial move, I suspect gold needs to pull back. The highs around $1950 make a ideal initial target for countertrend trade, whilst prices remain beneath Friday's 'shooting star' high. We can reassess its potential for a swing low if prices pullback and respect support.
FX_IDC:XAUUSDShort
by CityIndex
XAUUSD Is the pull-back completed?Almost 10 days ago we made a bold (at the time) bearish call (see chart below) for a short-term pull-back on Gold (XAUUSD) towards the 1W MA50: The yellow metal has so far responded positively to this call as it dropped below the 4H MA50 (blue trend-line) to 1945. The Channel Down pattern that emerged is using the 4H MA50 as its Resistance/ Lower Highs trend-line and until it breaks, we should be expecting a continuation. Oversold 4H RSI readings will always give technical bounces like yesterday's but as long as the 4H MA50 holds, it is more likely to see Gold test the 4H MA200 (orange trend-line) on the 0.382 Fibonacci retracement level at 1933. If the 4H MA50 does break and closes a candle above it, we will buy and target 1995. Notice how the Channel Down pull-back is similar to the declines of July - August, May and April. The 4H MA50 served as the Resistance and in the case of April, it did test the 4H MA200. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
1
XAUUSD - Gold trading strategy, selling trend continuesWorld gold prices this morning continued to decline with spot gold down 19.3 USD to 1,949.4 USD/ounce. Gold futures last traded at 1,955.7 USD/ounce, down 17.8 USD compared to yesterday morning. The gold market witnessed its third consecutive decline as investors looked for new signals about the US Central Bank's interest rate stance. Daniel Ghali, commodity strategist at TD Securities, said that traders will start looking at economic data and potential actions from the US Central Bank and gold will react based on whatever data brings. According to this expert, it is difficult for gold to gain momentum if data does not show economic weakness. Recently, in their speech, a series of US Federal Reserve (Fed) officials kept a balanced view on the central bank's next decision, but noted that they will focus more on more on economic data and the impact of higher long-term bond yields. Gold is an asset that is very sensitive to rising US interest rates because they increase the opportunity cost of holding non-interest bearing assets like gold.
OANDA:XAUUSDLong
by FalCol_TradingMaster
Golden Monday Strategies and Signals Gold, last Friday's non-agricultural benefit was good for gold, once again showing the momentum of an upward breakthrough, and it started to retreat after hitting the highest level near 2004. Unfortunately, this upward wave did not have too much continuity, but the speed of the retreat was also too high. Soon, as the saying goes, the long and short positions in the short term will once again fall into a certain degree of shock. There is not much controversy in the follow-up on Friday night, it is just a small shock, and for now , Friday’s counterattack is likely to be the last washout for the shorts. Judging from the support effect of the daily line, the upward strength of the bulls has weakened, the support effect is somewhat shaky, and the key pressure port above will also remain at the 2000 line , then this position will also be an important suppression point for gold next week, and the support below is also Friday’s upward starting point 85 line. At present, the overall trend is still bearish on the market, and next week gold will still be around below 2000 Go short. Short-term operation strategy: sell1999-1997 sl2005.5, tp1988-1985 If you need more analysis, please join me
FX:XAUUSDShort
by Krause_Philipp
XAUUSD Channel Up into Head and Shoulders? Which will prevail?Gold (XAUUSD) is heading into today's Nonfarm Payrolls (NFP) report trading on a Head and Shoulders (H&S) within a Channel Up pattern. Even though the volatility will be great coming into the report, we should trade this on a candle closing approach. A 4H candle closing above the 1993.50 Symmetrical Resistance, will be a bullish signal, targeting 2020, which will be a typical +2.70% rise as the previous two bullish legs of the Channel Up. A 4H candle closing below the 1970 neckline and more importantly the 4H MA100 (green trend-line), will be a bearish signal for us and we will target the 1D MA50 (red trend-line) at 1930. Note that the 4H MACD just formed a Bullish Cross. However the previous one on October 27 failed to turn the trend bullish and instead formed the (so far) top of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
2
XAUUSD High chances for a short-term pull-back.Gold (XAUUSD) is having an remarkable 3 week rally after a technically flawless hit-and-rebound on the 1W MA200 (orange trend-line) on the week of October 02. Obviously, this rally has been stretched by the geopolitical unrest in Middle East and isn't purely technical on its full range, but besides the small fundamental correction we should see once peace is restored, there are a few important conclusions we can make from similar technical situations in the recent past. For the past +3 years (since the August 2020 High), Gold has seen another 6 similar rallies (+10.53% to +14.12%). Of those 6 only 2 formed a 1W MACD Bullish Cross, such as the rally we are currently at. Even the 3 rallies after the September 26 2022 bottom that were on an uptrend, delivered short-term corrections to at lest the 0.382 Fibonacci retracement level. This time the 0.382 Fibonacci level is marginally below 1940 and can be your target. If the current rally is indeed the start of a new multi-month bullish sequence to new All Time Highs (ATH), then a hit-and-rebound at 1940 would be ideal technically, as it will test successfully the 1W MA50 (blue trend-line), which is the standard Support level during long-term uptrends. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSD
by TradingShot
XAUUSD | GOLDSPOT | New perspective | follow-up detailsOn Thursday, Fed Chair Jerome Powell joined his teammates in endorsing a stable interest rate policy, providing further support for the XAUUSD. Amidst increasing geopolitical risks, with the conflict between Israel and Hamas spreading to more countries in the region, Gold extended its weekly rally and reached the $1,990 area for the first time in five months on Friday. This surge in Gold prices is driven by safe-haven flows as investors seek to reduce risk exposure, combined with a downward correction in US yields. Additionally, Atlanta Fed President Raphael Bostic has indicated the possibility of a rate cut in 2024, suggesting a potential shift in monetary policy if economic conditions warrant it. Cleveland Fed President Loretta Mester has also expressed that the Federal Reserve may be at or near the peak of its rate hike cycle, emphasizing that the central bank will closely depend on incoming data for its decision-making process in the next monetary policy meeting. As we look ahead, this week's economic calendar will feature key events such as US flash PMI data, the release of Q3 Gross Domestic Product (GDP) on its preliminary reading, Durable Goods Orders, unemployment claims, and the Fed's preferred gauge for inflation, the core PCE. XAUUSD Technical Analysis: In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities. The $1,985 zone will remain our center stage for this week. Its historical significance makes it a crucial point. If the bullish momentum is sustained then the breakout of the $1,985 will serve as a platform for new highs. However, if selling pressure persists below $1,985 just as it had done in the last 5 months $1,900 we could witness renewed selling pressure back into the demand zone at the $1,900 zone. Stay tuned for more thrilling updates on the Gold market! Hit the like button if you found this analysis helpful, and don't forget to subscribe for more insightful content! 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
1
XAUUSD Is this rally coming to an end?Two weeks ago (October 07) we called for a new Bullish move (see chart below) on Gold (XAUUSD) as the price hit the 1W MA200 and held it The sheer force behind this bullish move has surpassed all technical expectations as it is also fundamentally driven by the Middle East tension. Gold acts as a safe haven in times of market uncertainty. In any case, the rally broke today above the 0.618 Fibonacci retracement level (from the ATH) and entered the 5-month Resistance Zone that is in place since May 18 and has 10 rejections under its belt. The 1D RSI broken yesterday into the +70.00 overbought territory so a technical pull-back isn't at all unrealistic now. It all depends on the 1D candle closing (which will also be the weekly closing). If the candle closes below 1979 (0.618 Fibonacci), it will be an early bearish signal. The target of the first correction of the previous similar bullish leg in March was the 4H MA50 (red trend-line). As a result, if the candle makes that closing, we are willing to take the risk and target the 4H MA50/ 1D MA200 (orange trend-line) Support cluster at 1935. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAUUSDShort
by TradingShot
1
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold prices showcased an impressive rally, primarily propelled by mounting geopolitical tensions in the Middle East and the optimism surrounding the Federal Reserve's (Fed) decision to refrain from further interest rate hikes this year. The precious metal exhibited remarkable resilience, bouncing back swiftly from a knee-jerk reaction triggered by the United States Consumer Price Index (CPI) report for September, which revealed higher-than-expected headline inflation, exerting bearish pressure initially on Thursday. However, gold quickly regained its footing as traders placed their bets on an unchanged interest rate decision by the Fed in its upcoming November monetary policy meeting. This confidence was further bolstered by the CPI's core inflation reading, which softened in line with market expectations. Adding to the positive sentiment, Philadelphia Fed President Patrick Harker offered a neutral perspective, stating that concerns about persistent inflation were notably absent in recent data. This assurance reinforced the belief that the central bank would maintain the current interest rates, providing a supportive backdrop for gold prices. XAUUSD Technical Analysis: In this video, we dissected the XAUUSD chart from a technical standpoint, analyzed the key levels, analyzed historical price moves, market behaviors, and buyer-seller dynamics, and uncovered potential trading opportunities. The range between the $1,900 and $1,930 zones will remain our center stage for this week. Its historical significance makes it a crucial point. If the bullishullish momentum is sustained then the $1,900 and resistance of the descending channel will serve as platform for new highs. However, if price breakdown/retest the $1,900 we could witness a renewed selling pressure. Stay tuned for more thrilling updates on the Gold market! Hit the like button if you found this analysis helpful, and don't forget to subscribe for more insightful content! 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
Gold: Planning Strategies Today Today's trend seems a bit dull compared to yesterday. The white market fluctuated in a range of less than 10 US dollars. I believe everyone has been sitting there all day without knowing where to start. However, no matter how the market goes during the day, the trend is still maintaining a good bullish trend. In the evening The operating idea is still the same as the white market, maintaining the low and long operating strategy! Since the situation between Palestine and Israel, the risk aversion in gold prices cannot subside in a short period of time. Just like the previous situation between Russia and Ukraine, the price of gold has increased by nearly 300 US dollars, and now it has only increased by 130 US dollars. Don’t be afraid that there is no room. With the current situation, Director Wang will at least wait until the 2000 mark before giving up! Unless the gold price falls quickly below the support of 1935 at this stage, bulls will be willing to temporarily stay on the sidelines! The one-hour trend, so far, shows that the bulls are strong and the gold price has very little retracement. With such a strong trend, even if the current gold price valuation is on the high side, short positions are very tempting to most investors, but they would rather miss it than take the risk. try! Technically, the moving average support continues to diverge upward during the day. The first support is currently at the 1949 line, and the current trend line support is at the 1936 line. The stable operating strategy is to wait for the price to fall back to the 1940-1943 line before continuing to do long positions. The market outlook target is first Look at the previous high of 1963 and then look at the historical pressure level of 1885!
OANDA:XAUUSDLong
by Dylan-Jones