XAUUSD: 25/7 Today's Analysis and StrategyGold technical analysis
Daily resistance 2400, support below 2370-2329
Four-hour resistance 2380-2400, support below 2350-29
Gold operation suggestions: Yesterday, the technical price of gold rose first and then fell. The price rebounded and rebounded in the Asian and European sessions relying on the 2409 mark. The US session accelerated to break through the 2431 mark and then fell rapidly. The gold price fell successively and broke through the two integer marks of 2420 and 2410, and finally accelerated to break through the 2400-point integer mark and reached a weak closing near 2392. The overall price showed a suppression and resistance pattern at the 2430 mark. The short-term gold price rebound officially came to an end. Today, the upper short-term resistance focuses on the 2410 mark, the top and bottom conversion position of the hourly line yesterday. The intraday pullback relies on this position to continue to go short first and look for a decline.
From the current market situation, the target position below continues to focus on breaking the bottom. The short-term gold price long and short strength watershed focuses on the 2430 line. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity. Maintain the main tone of participating in the trend.
SELL: 2380near SL: 2383
SELL: 2400near SL: 2405
Please do not use this strategy when news is released.
Technical analysis only provides trading direction!
Xauusdupdates
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- at important junctureYesterday, after the second test, XAU/USD reversed from 2390 and reached the 2420 resistance zone.
However, last week's drop was impulsive and might only be the first leg of an overall correction within the long-term bull trend.
The rise to just under 2400 appears corrective so far, suggesting we might see another drop below 2400 and eventually a drop below the 2390 support level.
In my opinion, short trades are favored, and the 2420 zone is crucial for traders to watch. However, if the price breaks above this zone, it would indicate a false down break and give an advantage to the bulls, with a new all-time high in sight.
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. 📊✅
Well Well God Has Fall From Yesterday High More Short?Well Well God Has Fall From Yesterday High More Short?
yesterday As Expected Gold Has Reach To the Target Destination .But I Missed The Sell Setup i didn't Focus On Sell Cause I Was Already On Profit Yesterday. So Gold Has Reach To Fib 0.5 And 4H Previous Supply Zone + 30M Supply Zone Then Fall. At Opening Today Asian Gold Has Broke The 1H Support Trend Line And Keep Fall Like Crazy. Now Gold Need To Make A Correction To Upside However I'm Keep Eye On 2396 - 2402 Zone For Look For Sale. Will Be A Waiting Day.
XAUUSD: 24/7 Today’s Analysis and StrategyGold technical analysis
Daily resistance 2483, support below 2400-2350
Four-hour resistance 2429, support below 2409-00
Gold operation suggestions: Gold fell and then rose yesterday, ushering in a deep V rebound. The price in the Asian and European sessions was suppressed below the 2403 mark and showed a weak downward decline. It fell back and pierced through the 2390 mark to reach around 2388 and stabilized and rebounded. Near the US session, the gold price accelerated and pierced through the 2411 mark, and began to fluctuate and consolidate.
The overall price further showed a support and stabilization pattern at the 2380 mark. In the short term, the gold price is likely to continue to trade time for space and continue the rhythm of long and short fluctuations. Today, the upper pressure is around 2420-29, and the lower support is around 2390-92. Sell high and buy low in this range during the day
SELL: 2429near SL: 2433
SELL: 2420near SL: 2425
BUY: 2390near SL: 2387
Technical analysis only provides trading direction!
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
XAUUSD July 25, 2024 Where will the drop end?
Yesterday I gave you a plan to sell at 2431 - 2434, we filled TP3 with a profit of 600 pips.
- Today the price has dropped to the 2370 price range, surpassing the 2382 price range, so the purple wave C in the purple ABC correction wave has been confirmed.
- Looking at the sharp decline in price moving quickly and sharply, we expect this to be wave 3 in a series of 5 waves of the purple wave C
- Our task is to determine the ending point of wave 5 in the purple wave C and that is also the ending point of the purple wave C to start BUY.
- Measuring the target of wave 5 as well as the purple wave C, we have target price zones ending at 2365 and 2349.
Trading plan
BUYZONE 2465 - 2462
SL: 2455
TP1: 2382
TP2: 2394
TP3: 2399
SELL ZONE: 2411 - 2414
SL: 2421
TP1: 2400
TP2: 2394
TP3: 2382
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
Gold seeks new buyers to trim rapid downfall SHORT.....Gold found fresh buying interest after its aggressive pullback from a record high of 2,483 paused at 2,383. The precious metal is currently looking to gain more ground following its close above the 20-period simple moving average (SMA) and the 38.2% Fibonacci retracement of the latest upleg at 2,410. From a technical perspective, the risk is skewed to the upside as the RSI is set to cross above its 50 neutral mark and the MACD, although negative, is showing some recovery above its red signal line. Nevertheless, with the stochastic oscillator nearing its previous highs in the overbought region, any potential rises may
Gold Wednesday Trading Strategy
XAUUSD, today is Wednesday, July 24.
Gold broke through 2412. I think today gold may try to rise to the key price of 2429-2441
Give several suggested trading prices:
Gold sell:
XAUUSD sell:
Sell 2426-2429
Sell 2438-2441
Gold buy:
XAUUSD buy:
Buy 2393-2396
Buy 2381-2384
These are the key prices that gold needs to break through, so I think these prices are suitable for trading profit, please trade according to the settings when the prices arrive.
XAUUSD - GOLD - Scalping Mode! 24th JulyLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
XAUUSD: 400+ Pips Buying Big Opportunity! Swing BuyOANDA:XAUUSD
Price has turned bullish as we suggested in our previous analysis, now we have strong confirmation that price will likely to hit the area of 2460 to 2470 where a huge number of sell volume would likely to reverse for a big swing selling entry. Good Luck.
XAUUSD July 24, 2024 Where will the rally go?
As in the previous day's forecast, after the 5-wave trend is the ABC correction wave
- Looking at H1 we can label wave a and wave b as shown on the chart. Currently, we expect wave C to complete so we can enter orders
- Wave C target we measure 2 targets: price range 2420 and price range 2433.
- After completing the next abc correction, it will be a 5-wave pattern following the previous downtrend
Trading plan
SELL ZONE: 2431 - 2435
SL: 2440
TP1: 2411
TP2: 2394
TP3: 2382
BUY ZONE: 2476 - 2471
SL: 2466
TP1: 2382
TP2: 2394
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.
XAUUSD: 23/7 Today's Analysis and StrategyGold technical analysis
Daily resistance 2483, support below 2400-2350
Four-hour resistance 2412, support below 2380-2350
Gold operation suggestions: Yesterday, the technical side of gold quickly rose to the 2412 mark in the early trading, and then fell back. Before and after the US trading, the gold price rebounded for the second time and was under pressure at the 2408 line, and then fell back and broke the bottom. Finally, the gold price continued to fall to the 2383 mark and rebounded and fluctuated to close. The overall price fell into a long-short battle around the 2400 mark. After experiencing a continuous decline and sharp drop last week, the gold price is expected to enter a long-short shock repair pattern in the short term.
Judging from the current trend, today's support continues to focus on the 2380 mark, and the upper pressure focuses on the vicinity of 2412. Short selling will be based on the pressure near 2412.
SELL: Near 2412
SELL: Near 2420
Technical analysis only provides trading direction!