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XAUUSD | GOLDSPOT | New perspective | follow-up detailGold is on fire! Central banks are scooping up gold at an unprecedented rate, fueling a massive bull run. In this video, we dive into the XAUUSD market, examining the fundamentals driving this surge, including: 🪙 Central bank demand: Learn why central banks are hoarding gold and how this impacts the market. 📉 Interest rate cuts: The Fed is hinting at rate cuts, and this is a major catalyst for gold. 🌎 Geopolitical tensions: Rising global instability is also bolstering demand for safe-haven assets like gold. We break down the impact of these fundamental factors on gold prices and analyze the price action on the XAU/USD chart to uncover potential trading opportunities for the upcoming week. XAUUSD Technical Overview: This week, we're focusing on the $2,475 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights! 📌 Follow my journey as I map out the next moves in this dynamic market! #XAUUSD #Gold #Trading #TechnicalAnalysis #MarketAnalysis #GoldPrice #CentralBanks #Fed #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by darcsherry
3
XAU/USD 22 August 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After an iBOS (Internal Break of Structure) we expect a bearish pullback. Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation Intraday expectation: Price to continue bearish pullback phase, react at M15 demand zone, perhaps as deep as H4 or D demand zone to then target weak internal high. H4 Chart: M15 Analysis: Intraday expectation, analysis and bias remain the same as yesterday's analysis dated 21 August 2024 -> Swing: Bullish. -> Internal: Bullish. Previous Intraday expectation was met and price has printed a bullish iBOS. Price has printed bearish CHoCH to indicate bearish pullback phase initiation. Internal structure has been established and price reacted at discount of 50% EQ, however, price has also failed, as yet, to target weak internal high, therefore, price could potentially be seeking further liquidity and could be targeting M15 demand zone. Intraday expectation: Technically price should target weak internal high but thus far has failed, therefore, price is perhaps seeking further liquidity (M15 demand zone) to fuel. bullish continuation. Alternative scenario: We need to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD Gold Technical Analysis and Trade Idea 👀👉 Our focus is on the XAUUSD, which has exhibited strong bullish momentum on both the daily and 4-hour charts. However, with prices currently encountering a resistance level, we expect a potential retracement towards the Fibonacci 50% to 61.8% levels.
 This analysis incorporates essential aspects of technical analysis, including trend identification, price action, and market structure. We'll also detail a potential trade setup and discuss strategies that could enhance the probability of success.
 Please keep in mind that this analysis is intended for educational purposes only and should not be taken as financial advice. The observations provided are speculative and do not guarantee future market outcomes. We highly recommend verifying current price actions before making any trading decisions.
 This presentation offers a comprehensive review of the prevailing trend, market structure, and price dynamics. However, it’s crucial to recognize that while the information is educational, it does not assure trading success. Trading in the foreign exchange market involves significant risks, and we strongly emphasize the importance of applying sound risk management techniques in all your trading endeavors.
 We encourage you to perform extensive research and carefully consider all factors before making any trading decisions. Stay informed, be cautious, and approach the markets with a well-crafted strategy. 📊✅
FOREXCOM:XAUUSD
by fxtraderanthony
4
1:5 risk to reward buy setup for GoldCore Analysis Method: Smart Money Concepts Here’s the analysis based on the Smart Money Concepts methodology: 😇 7 Dimension Analysis Time Frame: 5M Swing Structure: The market structure is strongly bullish with liquidity resting in a key area at the extreme POI. The Inducement has been taken, and the corrective swing move has reached its lowest levels, showing two pullbacks. The internal structure supports this corrective move, with Order Blocks (OB), Sell Order Blocks (SOB), Fair Value Gaps (FVG), and liquidity marked as Points of Interest (POI) in the Discounted zone, making this setup powerful. Support & Demand are also located in the POI zone, making this setup favorable for bullish momentum. Pattern: 🟢 Chart Patterns: A Rectangle pattern is forming, so patience is required to see how it plays out. 🟢 Candle Patterns: Candle patterns will be considered once the price reaches the POI. Volume: No notable volume observations at this point. Momentum RSI: Skipped for this analysis. Volatility Bollinger Bands: Skipped for this analysis. Strength ADX: Skipped for this analysis. Rating: ⭐⭐⭐ (3 Stars) Probability: 50% The probability is moderate, indicating a balanced risk/reward scenario. ✔️ Entry Time Frame: 5M ✅ Entry TF Structure: Bullish ☑️ POI: Extreme unmitigated OB 💡 Decision: Buy Limit 🚀 Entry: 2494 ✋ Stop Loss: 2484 🎯 Take Profit: 2545 😊 Risk to Reward Ratio: 5 RR 🕛 Expected Duration: 1 Day (D1) SUMMARY: This setup on the 5-minute timeframe suggests a potential buying opportunity as the market is in a bullish structure, and key Points of Interest align at the Discounted zone. The Rectangle chart pattern forming adds to the likelihood of a potential move. The trade setup has a moderate probability with a 5:1 risk-to-reward ratio. The entry is planned at 2494, with a tight stop loss at 2484 and a target at 2545. Given the lack of significant volume, momentum, volatility, and strength indicators, this trade is more speculative and should be monitored closely as the price approaches the POI.
OANDA:XAUUSDLong
by Optimum369
1
Gold Hits New ATH Amidst Volatility: Preparing for a Correction?If you’ve been following my analyses over the past 10 days, you’ll know that I’ve maintained a bullish outlook on gold, anticipating a rise above 2500. Although last week was marked by strong volatility, and two of my long trades didn’t hit their targets—one closing at break-even and the other with a modest 40-pip profit—the overall outcome has been quite satisfactory, with gains totaling around 600 pips. Looking ahead, while the overall trend remains strongly bullish, I now expect some correction. As shown on the posted chart, the price reached the resistance of the channel in which gold has been trading recently. After hitting a new ATH yesterday at 2530, the price encountered significant volatility, likely due to profit-taking, which often signals a temporary top. As I highlighted in an update during yesterday’s trading session, the key level for bulls to watch is around the 2505 zone. A break below this level could lead to a decline towards the crucial support at 2480. With this in mind, I’m looking to sell rallies against yesterday’s high, targeting the 2480 level.
OANDA:XAUUSDShort
by Mihai_Iacob
10
Gold XAU/USD Analysis Wednesday 21 August 24 Hello, We have had a smallish correction so far in the last 24 hours in the Gold-price. The USDX shows some temporary strength the past 8 hour or during the Oceania (New Zealand & Australia) and the Asian session during Wednesday. The Silver price has faired better during these Oceania & Asian sessions. 2500 level is very key psychological & key support. It seems to be holding well as I write this article. I want to see support at 2507 & we are currently almost there. 2507 and support there would be on the 50 EMA in the 1 hour timeframe. I find the 50 EMA on the 1 hour to be a good yardstick of where the Gold price may go next. See charts above. * Don't rely solely on my investment advice, conduct your own research & form multiple sources.
EIGHTCAP:XAUUSD
by Easy_Explosive_Trading
XAU/USD 21 August 2024 Intraday AnalysisH4 Analysis: Analysis/Intraday expectation to remain the same as analysis dated 18 August 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After an iBOS (Internal Break of Structure) we expect a bearish pullback. Bearish CHoCH positioning is denoted with a blue dotted line. H4 demand zone is positioned the same as bearish CHoCH positioning. Intraday expectation: On a candle-to-candle view since iBOS, price is printing higher highs, therefore, wait until price indicates pullback. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Previous Intraday expectation was met and price has printed a bullish iBOS. Price has printed bearish CHoCH to indicate bearish pullback phase initiation. Internal structure has been established and price reacted at discount of 50% EQ, however, price has also failed, as yet, to target weak internal high, therefore, price could potentially be seeking further liquidity and could be targeting M15 demand zone. Intraday expectation: Technically price should target weak internal high but thus far has failed, therefore, price is perhaps seeking further liquidity (M15 demand zone) to fuel. bullish continuation. Alternative scenario: We need to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
#XAUConfirming the peak at 2531, adjustment or further increase?Gold analysis on August 21, 2024: After forming a peak in the 2526 - 2530 region as predicted, gold has experienced a correction to the 2500 area and then rebounded. This is not yet the point enough to create a strong upward trend for gold. The possibility of a deep decline to create momentum is still very high. Prices of 2450 or even 2435 are still expected. The trading trend today remains SELL. Key price areas to note: SELL zone: 2520 - 2525 and 2529 - 2533; BUY zone: 2502 - 2507 and 2490 - 2495. Recommended orders: Plan 1: SELL XAUUSD zone 2521 - 2523 SL 2526 TP 2518 - 2510 - 2500 - 2490. Plan 2: SELL XAUUSD zone 2513 - 2515 SL 2518 TP 2510 - 2500 - 2490 - 2480. Plan 3: BUY XAUUSD zone 2490 - 2492 SL 2486 TP 2495 - 2500 - 2510 - 2520.
OANDA:XAUUSDShort
by oakpotshy
XAUUSD 8/21/2024 has the price peaked? Looking at H1, we see that yesterday the Gold price peaked at 2532, which is a new ATH, then the price dropped sharply to the 2501 area, so it is very likely that the price has completed the 5-wave structure 1 2 3 4 5 and now the price is entering the 3-wave ABC correction structure. - The sharp drop to the 2501 area means that wave A is likely to have completed and so the price is in wave B - Our expectation is that the end zones of wave B are at 2521 - 2524. And the end target of wave C is at the price zones 2487 - 2484 and the price zone 2476 - 2473. These are our trading target price zones. Trading Plan SELL ZONE: 2521 - 2524 SL: 2531 TP1: 2509 TP2: 2499 TP3: 2487 SELL ZONE: 2531 - 2534 SL: 2541 TP1: 2519 TP2: 2509 TP3: 2499 BUY ZONE: 2487 - 2484 SL: 2477 TP1: 2499 TP2: 2509 TP3: 2519 BUY ZONE: 2476 - 2473 SL: 2466 TP1: 2484 TP2: 2499 TP3: 2509
OANDA:XAUUSDShort
by DEEKOP