XAUUSD Possibly heading to GALAXY!XAUUSD has broken out of the monthly resistance and price started to bounce back up to the resistance. Multiple timeframe is showing bullish price action with price trading above 10EMA which is indication of strong trend. Currently price is breaking out of resistance on 4H timeframe with strong liquidity grab from the support. As price has not specific resistance to follow, we may see price having a strong breakout. Is it heading to Galaxy?
Goldlong
Xauusd prices increased in the context of the US also climbingWorld gold prices are also supported when the money flow into the US stock market shows signs of decreasing after the Dow Jones, S&P500, and Nasdaq indexes have all continuously set records in nearly 5 months.
The race for the White House is getting into a dash phase, very fierce with symptoms and symptoms of a reversal toward Donald Trump. The election will take location on November 5. This is taken into consideration to be a turning factor for the gold market.
Many human beings consider that Mr. Trump can clear up geopolitical conflicts in a few areas, thereby riding down gold prices. However, many human beings are afraid that Mr. Trump`s strong-arm guidelines may want to shake the world.
Many specialists expect that each Mr. Trump and Ms. Kamala Harris will step up pumping cash and stimulate the economic system if elected. Besides, gold additionally advantages whilst americaA maintains to reduce hobby costs as planned.
Gold charge forecast 23/10/2024As of 8:45 a.m. on October 23, the world gold price listed on Kitco was at 2,738.4 USD/ounce, an increase of 8.6 USD/ounce compared to the beginning of the previous trading session.
Gold charge forecast
World gold expenses are anchored excessive no matter the growing USD index. Recorded at 8:forty five a.m. on October 23, americaA Dollar Index measuring the fluctuation of the dollar with 6 essential currencies became at 103,749 points (up 0.12%).
Early this morning, global gold expenses reduced as compared to remaining night`s session, however had been nevertheless indexed round document highs. Overall, from the start of the 12 months till now, gold bars have accelerated via way of means of greater than 32%.
Gold has risen no matter growing greenback and Treasury yields, and the upward thrust in gold expenses has outweighed weaker bodily call for and better supply, analysts stated.
Exinity Group marketplace analyst Han Tan stated gold ought to overcome unheard of charge degrees if the valuable steel maintains to disregard the healing in US Treasury yields and the electricity of the silver greenback. green.
💎 TVC:GOLD Buy limit 2724 - 2722💎
✔️TP1: 2730
✔️TP2: 2750
✔️TP3: OPEN
🚫SL: 2716
➖➖➖➖➖➖➖➖
💎 TVC:GOLD Sell limit 2750 - 2748💎
✔️TP1: 2730
✔️TP2: 2720
✔️TP3: OPEN
🚫SL: 2758
Gold Buy or SellThis week we had alot of ATH's (All time high's back to back
Technically as Gold was in Bullish trend so we hace witnessed these also due to geopolitical tension we have seen these New ATH as investors have invested in gold now we are expecting a drop as tension in middle is losen up and drop can be seen in near times
We have a level over 2749-52 level which is fibonachi extension level so we are bullish over gold but a bearish move can be seen after 2749- 52 resistance level if we witness a rejection over there
XAUUSD Analysis | Charting New Territory ATH GOLD is charting new all time high territory once again this year after breaking through into the 2700s and still on a sharp ascent structure giving a high probability that we could now see 2800 by end of year. There is still a strong bullish momentum as stated but falling just short of the next quarter resistance of 2750 we could see a correction down to meet several support levels including the 50 ema which aligns with not only horizontal and dynamic support but also the middle bol band and quarter phase section of 25%.
Any long term sells are pretty much foolish at this level with the increasing likeliness that the ascent will continue I am looking to enter buys from these key support levels or potentially short term sell entries leading into these pivot zones for longs.
Ideally we will as per previous market structure see price enter a consolidation zone post a short correction to which we can scalp and gain some lower long entries before seeing price once again break through to the topside and complete the current quarter phase of 75% - 100% which would be around 2750-2800.
Continue to wait for the new gold ATH to be higher⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
US Treasury bond yields surged over ten basis points, with the 10-year note yielding 4.192%. As a result, the US Dollar Index (DXY) climbed 0.50%, reaching a two-month high of 104.01.
Meanwhile, tensions in the Middle East persisted as Israel reported a projectile from Lebanon landing in central Israel, and Iran’s UN envoy criticized Biden’s remarks on Israel’s potential attack as "inflammatory."
Dallas Fed President Lorie Logan highlighted the need for flexibility in monetary policy, reinforcing the gradual approach to lowering borrowing costs.
⭐️Personal comments NOVA:
After adjusting for liquidity in the 2715 price range - the gold price continues to increase significantly - returning to the 2735 price range and tending to increase to create a new ATH in the near future.
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2760 - $2762 SL $2767
TP1: $2750
TP2: $2740
TP3: $2730
🔥BUY GOLD zone: $2695 - $2697 SL $2690
TP1: $2705
TP2: $2715
TP3: $2730
⭐️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
XAUUSD:22/10 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2750, support below 2673
Four-hour resistance 2750, support below 2720
Gold operation suggestions: After yesterday's strong upward shock and high break in the Asian and European sessions, the US session was under pressure at the 2740 mark and ushered in a suppression and decline. The overall price showed a suppression adjustment pattern at the 2740 mark, but the short-term gold price technical indicators did not show any signs of turning, and the short-term and medium-term moving averages were still arranged in a bullish pattern and diverged upward.
From the current market trend, today's attention is paid to the 2720 first-line support below, and the attention is still paid to breaking the new high above. Gold is still in a bullish arrangement, the daily line has also formed a bullish arrangement, and the moving average system is also relatively perfect. Today we choose to go long directly, and go long near 2720 below. The overall idea has always been to focus on the retracement and the daily level 2673 bull-short watershed, and wait patiently for the key points to enter the market.
BUY:2720near SL:2715
BUY:2700near SL:2695
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
GOLD Explodes Past All Targets – Massive Gains Achieved!The long trade on GOLD entered at 76195 has surged with incredible momentum, hitting all our profit targets. The current price stands at 78375, confirming the strength of this bullish run.
Key Levels
Entry: 76195 – Long entry made as the uptrend was confirmed.
Stop-Loss (SL): 76062 – Strategically placed to manage downside risk.
Take Profit 1 (TP1): 76358 – Successfully reached, signaling the first leg of the rally.
Take Profit 2 (TP2): 76622 – Continued bullish movement hit this target.
Take Profit 3 (TP3): 76887 – Strong momentum allowed this target to be met.
Take Profit 4 (TP4): 77050 – Final target achieved, capping off a solid bullish trade.
Trend Analysis
The price has maintained consistent support above the Risological dotted trendline, affirming a robust uptrend. The consistent climb from TP1 to TP4 highlights the power of this movement, with all targets now realized.
10.22 Gold intraday short-term operation guideYesterday, we entered the US market at 2715 and entered the long position, making a profit of 18K.
Yesterday, in the technical points, as long as you are bullish, you can follow.
1. Cyclic rise in the morning, this is the case in the extremely strong market. Everyone is bullish, and basically there is no retracement. If there is a retracement, it will not rise.
2. The second rise in the afternoon, the retracement position is slightly larger, but the morning rise in the strong market, the afternoon is expected to continue, one is not to break the morning low watershed, but to continue to break the European market.
3. Rapid bottoming and rebound before the US market, and 6-8 points of big sun.
10.22 intraday analysis:
1. Daily cross, the probability of this top cross is very small, and the continuous sun is still rising.
The price has reached the 2740 risk area, but the shape is not enough, and there should be another high point.
2. In the strong market, the cross is seen, this is not the top, and the probability of today's shock is relatively high. It is still cyclical rising in the morning, and it is still expected to rise in the afternoon today, and it will fluctuate at a high level.
3. If you feel that the price is high, you dare not buy more. In fact, the acceleration is not enough. At least you need to force out the short positions.
In terms of operation, it is expected to fluctuate today.
Relying on the 2713 watershed, short-term long positions are expected during the day. Looking at the situation of the European session, the upper resistance is 2732-4.
Xauusd prices decreased slightly during many hot daysThe world gold price sometimes reached 2,740 USD/ounce but then suddenly reversed and dropped sharply. At 6 a.m. on October 22, today's gold price dropped to 2,720 USD/ounce.
According to analysts, the international gold market fluctuated wildly in the context of many investors selling to gain profits. Gold price today, after many days of hot increases, was forced to go down.
Meanwhile, US bond interest rates increased to 4.1% - the highest level in the past 3 months. That means bond values decline, motivating investors to sell gold and shift capital into bonds. Gold price today naturally decreased.
Gold, which is considered a hedge against political and economic instability, has increased more than 31% since the beginning of 2024 until now. Gold prices also broke many records when the US's move to cut interest rates combined with the need for safe haven capital created a storm in the market.
💎 XAUUSD sell 2734 - 2736💎
✔️TP1: 2731
✔️TP2: 2721
✔️TP3: OPEN
🚫SL: 2743
XAUUSD ANALYSISThe xau market has been on a bullish rally after creating a spring at the 2600's zone with an indication of "the retest of a breakout"
we could see gold rallying up to the 2739 zone thereby creating an ATH mitigation or rally above to the 2750's as the bullish pressure exerted is strong.
^take note that all shorts are merely retracements as gold is on a bullish run
Gold out lookOANDA:XAUUSD the drop was a honey trap 🪤 gold is always in buy trend
when it dropped it has taken support on 1H 50 SMA and after that its moving above that i am expecting 2750++ today the reason expecting 2750 is fibonachi extension has 1.786 level over that price other confluence being Bullish is because its in bull trend from Monthly to weekly to daily to H4 to H1 and lower TF's
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
#XAUUSD: $3000 Year End Target! Swing Buy Our recent analyses have yielded substantial gains, exceeding 5,000 pips in total. Given the current market conditions, with the price reaching the 2,740 level, we anticipate a potential bearish correction towards the 2,680 region. This area serves as a critical support level for swing buyers. Accordingly, we recommend exercising caution and awaiting a more favorable entry.
good luck and trade safe!
10.22 Gold hits new highs, near 2710, longOn Monday (October 21), gold prices rose for the fifth consecutive trading day to a record high, while silver prices hit their highest level in nearly 12 years, affected by factors such as uncertainty in the US election, continued tensions in the Middle East, and expectations of interest rate cuts by central banks.
Fundamental analysis: safe-haven demand supports gold prices
The current global instability, especially tensions in the Middle East, provides strong support for gold. As a traditional safe-haven asset, gold usually attracts a lot of buying when uncertainty increases, especially when geopolitical conflicts continue to ferment.
On the other hand, the market lacks the release of heavyweight economic data, and investors will pay attention to the speeches of several Fed policymakers this week. These speeches may have a significant impact on market expectations, especially in terms of monetary policy. If the Fed expresses its inclination to continue to maintain a tight policy, it may put pressure on gold prices. Conversely, any signs of easing will further push gold prices up.
The situation in the Middle East continues to ferment
Tensions between Israel and Iran are one of the main drivers of this round of gold price increases. The latest military action has further escalated the market's risk aversion. The US investigation into leaked documents has also added uncertainty. Gold naturally becomes a safe haven for investors in such an environment. In the short term, as long as geopolitical risks are not resolved, gold prices may remain high and volatile.
Federal Reserve Policy Expectations
With Fed policymakers about to speak, the market is closely watching their latest views on economic growth, inflation and monetary policy. Any hint of rate hikes or balance sheet reduction may change the market's expectations for future gold trends. Currently, gold prices remain high due to the interweaving of safe-haven demand and policy expectations.
Technical analysis: The risk of a correction is increasing
Gold bulls can break through the resistance level of $2,730, and gold prices are expected to test the psychological level of $2,750. $2,730 is currently a key watershed, and breaking through this level will greatly enhance gold's bullish sentiment and open up further room for growth.
BUY: 2,715 Target 2,730----40
Gold Prices Surge to New Heights
The weekend news cycle has once again ignited tension in the market, leading to gold prices hitting a historic high of $2732 at Monday's open, followed by a sustained increase of approximately 10 basis points. This trend aligns with my forecasts, and I anticipate that both the London and New York markets will continue to rise in the coming days.
Looking ahead, gold prices are expected to reach new dimensions this week. In terms of trading strategy, I recommend employing a buy-low, sell-high approach, with particular attention to the critical levels of 2725 and 2712. Members utilizing rapid trading strategies should remain vigilant, as new strategies will soon be announced.
XAUUSD: +1100 pips move in making! Let's catch the big move? Dear Traders,
We have possibly a great chance to buy Gold as it is currently in a correction mode. After evaluating how price behaved in last two days we think there is a gap that price needs to filled before it continue the bullish momentum. Also there are big talk of ceasefire in ongoing conflict, if that happens the gold will likely to drop further than what we have identified. Please if there is sudden drop and price does come to our area, do not just enter wait for 4 hours or 2 hours candle to close before taking any entries. Also this is not a guaranteed chart analysis and this is just our view, you can use this as educational purposes. Good luck and trade safe.