Get started

Xauusdupdates

Live Gold Trade Analysis: Catching the Breakout! Did I Miss It?Key Levels and Zones: 4hr LQZ (Liquidity Zone): Marked at around 2437.909 - 2440.000. This is a higher timeframe liquidity zone which often acts as a strong resistance or support level. 1hr TP 4 / LQZ: Marked at 2419.433. This level is a target point or liquidity zone on the 1-hour chart, indicating a significant level where price may react. 15M LQZ (Liquidity Zone): Marked at 2404.619. This is a key level on the 15-minute chart, suggesting an area where there is liquidity, and price may find support or resistance. LQZ 1hr: Marked at 2396.143. Another liquidity zone on the 1-hour chart, which acts as an important support or resistance area. Other Levels: 2390.821 2386.644 2379.627 Chart Patterns and Movements: The price has shown a significant rise recently, breaking through multiple levels of resistance. There is a noticeable ascending channel marked with blue dashed lines, indicating an overall uptrend on this timeframe. The highlighted blue zone around 2390.821 - 2396.143 indicates a previous consolidation or support area that has now been broken through. The most recent price action shows a pullback after hitting the 1hr TP 4 / LQZ level at 2419.433. Key Observations: The price is currently hovering around the 15M LQZ at 2404.619, which could act as immediate support. The significant rise and sharp move up might indicate a bullish momentum in the short term. The break above the blue highlighted zone suggests that the price might find support here if it pulls back. Potential Trading Strategies: Bullish Scenario: If the price holds above the 15M LQZ at 2404.619, consider looking for buying opportunities with targets at higher liquidity zones such as 2419.433 and beyond. A break above 2419.433 could further validate the uptrend, aiming for the next liquidity zones. Bearish Scenario: If the price fails to hold above 2404.619 and breaks below, consider looking for selling opportunities targeting the next support levels at 2396.143, 2390.821, and lower. Range Trading: If the price consolidates between 2404.619 and 2419.433, consider trading within this range, buying near support and selling near resistance.
OANDA:XAUUSD
by Adlercon333
XAU/USD 12 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. As previously mentioned, following bullish iBOS price did not pull back significantly enough to indicate bearish pullback initiation which could indicate that price is seeking further liquidity to fuel its drive down. I also previously mentioned that price could also create a new high, higher than the current fractal high to bring CHoCH positioning closer to current price action and tap into daily supply zone. This is precisely what happened which was also assisted by yesterday's US CPI reading. Intraday expectation: Following bullish iBOS price is expected to pull back to print a bearish iBOS which would indicate, but not confirm bearish pullback initiation Price should react at discount of 50% EQ of the internal structure (50% EQ denoted in blue) or H4 demand zone before targeting weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS which was assisted by yesterdays US CPI reading. Following pullback, bearish pullback initiation began after reaction from daily supply zone where price printed a bearish CHoCH to indicate, but not confirm bearish pullback initiation. Intraday expectation: Technically price should target weak internal high as price is currently the discount zone of 50% EQ with internal structure being bullish, however, we should be mindful that H4 remains in bearish pullback phase, therefore, I would not be surprised if price printed a bearish iBOS. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
GOLD Market Update: Trends and Strategic InsightsGold has surged to approximately $2,383 on Thursday, reflecting ongoing market expectations of impending interest-rate reductions. Federal Reserve Chairman Jerome Powell, in his recent testimony to US lawmakers, has artfully balanced cautious optimism regarding inflation moderation and the pursuit of a soft-landing scenario that avoids significant job losses. Powell underscored the Fed's commitment to a vigilant, data-driven approach to inflation dynamics. Our analysis points towards an intriguing development as Gold nears a critical supply area around $2,400. Here, we've identified a potential reversal pattern amidst bearish positioning by the Commercials. Observing what could be a triple top formation, market conditions suggest a pivotal juncture where the price might pivot. As Gold continues its ascent amid evolving economic cues, staying attuned to these market signals becomes crucial for anticipating potential price movements and strategic positioning. ✅ Please share your thoughts about GOLD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
OANDA:XAUUSDShort
by FOREXN1
1
XAU/USD 11 July 2024 Intraday AnalysisH4 Analysis: Analysis/bias remains the same as yesterday's analysis dated 10 July 2024. -> Swing: Bullish. -> Internal: Bullish. Following bullish iBOS price has not pulled back significantly enough to indicate bearish pullback initiation. This could indicate that price is seeking further liquidity to fuel its drive down. Price could also create a new high, higher than the current fractal high to bring CHoCH positioning closer to current price action. Intraday expectation: According to current price action, price to pullback to either discount of 50% EQ of the internal structure (50% EQ denoted in blue) or H4 demand zone before targeting weak internal high. However, I would personally stand aside and allow price to confirm it's intention as price has failed to print bearish CHoCH or reach discount of 50% EQ. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Yesterday's intraday expectation was not met with strong high being breached and price printing bullish iBOS, aligning itself with swing structure. Following pullback, bearish pullback initiation began after reaction from M15 supply zone printing a bearish CHoCH to indicate, but not confirm bearish pullback initiation. However, price could not sustain it's bearish pullback phase and has reacted from premium of 50% EQ to target weak internal high. This would bring into question if price has enough liquidity to break and close above weak internal high. Intraday expectation: If price fails to break and close above weak internal high I would expect price to pull back to either discount of 50% EQ or M15 demand zone before targeting weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Update gold price on important CPI dayGold Yesterday, after retesting 238x as I expected, there was a decrease to 237x. Regarding the Main Trend, Gold I think can still continue to increase strongly. Today everyone continues to refer to the Gold Buying Trend Plan around 2370>2374 SL 2368 City 2380>2388 If Gold retests the candlestick areas on the 238x or 239x area and shows good signs, I will update more. -- Gold charge forecast World gold charges accelerated withinside the context of the USD index falling. Recorded at 4:00 a.m. on July 11, americaA Dollar Index measuring the fluctuation of the dollar with 6 foremost currencies turned into at 104.6952 points (down 0.11%). Gold charges accelerated withinside the context of Chairman of americaA Federal Reserve (FED) - Mr. Jerome Powell giving a speech earlier than the Financial Services Committee of americaA House of Representatives. He reiterated that the primary bank "stays absolutely targeted on its twin mandate of selling most employment and solid charges". The FOMC believes that "the dangers to reaching our employment and inflation desires are extra balanced." The Fed Chairman additionally emphasised that the FOMC will keep to make choices at every meeting "after cautiously comparing enter facts and their effect at the improvement outlook, stability of dangers and exposure." suitable direction of financial policy. Asked whether or not the Fed could want to look center PCE inflation fall beneath 2% at the least as soon as withinside the coming months earlier than thinking about a fee reduce, Mr. Powell disagreed. When requested approximately the elements the FOMC wishes to recall to guide an hobby fee reduce in September, the Fed Chairman stated: "I didn`t deliver any alerts approximately a selected date. What we stated turned into "We need to have extra confidence. That way higher inflation numbers, that inflation is coming down sustainably to 2%." Mr. Bart Melek - head of commodity marketplace method at TD Securities economic offerings company - stated that the marketplace believes that americaA Federal Reserve (FED) is possibly to begin reducing hobby rates. subsequent September. It is that this psychology this is definitely contributing to the contemporary situations of the gold marketplace
OANDA:XAUUSDShort
by TheLeader_WOLF
XAUUSD remains Bullish**Monthly Chart** XAUUSD monthly candle closed as doji due to the sideway movement of this pair between High 2387.78 and low 2286.83 levels. This has created indecision bias in the market. However, due to geopolitics reasons, this pair has strong momentum to move higher in the next few months. Therefore, we shall assess this pair near supply and demand zones for better risk-to-reward trades. **Weekly Chart** Weekly candle closed as a bullish low test candle indicating that there is still a strong bullish directional basis towards 2369 level and then 2400 level. **Daily Chart** XAUUSD moved higher creating an engulfing candle after testing the demand zone suggesting a continuation of the bullish move. At least to test the high of the IPA around 2387 level. We might see a small retracement in lower time frames before the price pushes higher this week.
OANDA:XAUUSDLong
by PropSignals
XAU/USD 10 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Following bullish iBOS price has not pulled back significantly enough to indicate bearish pullback initiation. This could indicate that price is seeking further liquidity to fuel its drive down. Price could also create a new high, higher than the fractal high to bring CHoCH positioning closer to current price action. Intraday expectation: According to current price action, price to pullback to either discount of 50% EQ of the internal structure (50% EQ denoted in blue) or H4 demand zone before targeting weak internal high. However, I would personally stand aside and allow price to confirm it's intention as price has failed to print bearish CHoCH or reach discount of 50% EQ. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation of price targeting weak internal low was met, however, price was unable to close below. Intraday expectation: Strong internal high to remain protected, price to react at M15 supply zone before targeting weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
GOLD ( FED CHAIR POWELL ) ( 4H )XAUUSD HELLO TRADERS Tendency active bullish after the price breakout the resistance trendline . TURNING LEVEL : a blue line between resistance and support level around 2,348$, indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level . RESISTANCE LEVEL : there is a green line around 2,378$ , indicates selling have already increase this level , so if the price stable turning level reach this level . SUPPORT LEVEL : there is a red line below turning level around 2,337$ , indicates buying have already increase this level , so if the price breaking turning level reach this level . PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 2,348$ , after rising to the resistance level around 2,378$ , then stable above this level reach 2,391$ , if the price breaking turning level reach a support level at 2,337$ , then stable by open 4h candle below this level reach a 2,320$ , know the price in the supply returned to the demand zone may be reach a turning level before long . TARGET LEVEL : RESISTANCE LEVEL : 2,378$ , 2,391$ SUPPORT LEVEL : 2,337$ , 2,320$
OANDA:XAUUSDLong
by ArinaKarayi
XAUUSD / GOLD Money Heist PlanMy Dear Robbers / Traders, This is our master plan to Heist GOLD mine Robbery based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
FXOPEN:XAUUSDLong
by Thief_Trader
What opportunities are there for XAUUSD investors today?Gold currently I see there are 3 bearish candlesticks in the 235x area. Last night at 9 o'clock there was news that there had been a scan at both ends. Regarding the Trend, I see that gold is still on the Buy side. As for the reversal points, anyone who followed me yesterday saw the RSI Reversal zones very clearly. Plan For Today I will still watch to Buy according to MA reactions around 2362>2366 SL 2358 TP 2372>238x If Gold increases without breaking through 2372, I will consider selling lightly in this area according to the 2-peak model. World gold price: - Gold is often considered a safe asset in the context of economic instability. If RBNZ and the Fed express concerns about economic growth, gold prices could rise as investors seek safe havens. - Economic instability often leads to an increase in demand for gold as a tool to protect value. - If central banks (especially the Fed) are expected to raise interest rates, gold prices may come under downward pressure. Higher interest rates increase the opportunity cost of holding gold, because gold does not yield the same yield as other assets. Chairman Powell's speech: - The Fed Chairman will present monetary policy semi-annually to the House Financial Services Committee. This is an opportunity for Mr. Powell to update congressional members and the market on the US economic situation and the Fed's monetary policy direction. - If Powell shows that the Fed will continue to raise interest rates to control inflation, the USD could appreciate due to expectations of higher yields. - However, if he expresses concerns about economic growth and shows the possibility of maintaining or cutting interest rates, the USD may weaken.
OANDA:XAUUSDLong
by TheLeader_WOLF
Czech Gold Holdings Rise as Governor Michl Diversifies Reserves he Czech Republic expanded its gold reserves in June as central bank Governor Ales Michl continues to execute a plan to diversify investments to make his institution profitable. Czech holdings of the precious metal increased to 41.5 metric tons, from 39.7 tons in the previous month, central bank data showed on Tuesday. The value of gold totaling $3.1 billion at the end of June still represented only a fraction of the overall reserves of $146.5 billion, which are one of the highest in the world relative to the size of the economy. Michl, who started his six-year tenure in July 2022, has set a goal to boost the ...
OANDA:XAUUSDShort
by ShumbaFx07
GOLD ( BULLISH PRESSURE ) ( 4H )XAUUSD HELLO TRADERS Tendency active bullish after the price breakout the resistance trendline TURNING LEVEL : a blue line between resistance and support level around 2,365$, indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level RESISTANCE LEVEL : there is a green line around 2,378$ , indicates selling have already increase this level , so if the price stable turning level reach this level SUPPORT LEVEL : there is a red line below turning level around 2,342$ , indicates buying have already increase this level , so if the price breaking turning level reach this level PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 2,365$ , after rising to the resistance level around 2,378$ , then stable above this level reach 2,396$ , if the price breaking turning level reach a support level at 2,342$ , then stable by open 4h candle below this level reach a 2,317$ TARGET LEVEL : RESISTANCE LEVEL : 2,378$ , 2,396$ SUPPORT LEVEL : 2,342$ , 2,317$
OANDA:XAUUSDLong
by ArinaKarayi