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Goldlong

Gold fluctuates at high levels, bullish resistance is still largGold intraday trend: 1. It is still likely to fall below 2640 during the day. If it reaches, it will easily break through and support the previous low of 2632. 2. The volatility has not changed. The market is not likely to continue. Both long and short positions can participate. 3. The upper resistance is still at 2660. There were 4-5 negative daily corrections in the previous volatility. The correction time has not reached the limit, so don’t worry about over-adjustment. In terms of price, the high point has only retreated 40-50 US dollars, which is a small range. Short-term operation: BUY: 2640 Target: 48---50 SELL: 2660 Target: 2645----40
TVC:GOLD
by David_strategy
10.8 Analysis of short-term gold operationsIn the early Asian session on Monday (October 7), spot gold fluctuated in a narrow range and is currently trading around $2,640/ounce. Gold prices fell slightly after violent fluctuations last Friday, closing at $2,652.64/ounce, as the stronger-than-expected US employment report poured cold water on the Fed's expectations of aggressive interest rate cuts in November, boosting the dollar to a high of more than one and a half months, and US bond yields also rose sharply to a high of nearly two months, overshadowing risk aversion concerns over the tense geopolitical situation in the Middle East. Technical level: 1: In 4 hours, BOLL shrinks, the range shrinks, and the range shrinks to the 70 range of 2642-26; in terms of indicators, the stochastic indicators and MACD indicators are all blunt, and the signals are unclear; in terms of form, it is a horizontal pattern, which is not the top high point; 2: In the daily K, the stochastic indicator crosses downward, which is a bearish adjustment signal; in terms of form, the time-for-space pattern, the market is relatively resistant to decline; the central axis gradually moves up, and the current track support of the central axis is around 2590, but it is expected to rise to around 2600;
TVC:GOLDShort
by David_strategy
1
Long-Term Gold Price Channel Analysis (Gold Spot / USD)FX_IDC:XAUUSD OANDA:XAUUSD This is a candlestick analysis of Gold Spot (XAU/USD) for 6 months that goes through historical data from the 1930s . It makes use of a logarithmic scale and appears key support and resistance levels, as well as regression trendlines, that facilitate long-term price continuity.The purple trendlines depict varying channels in Fibonacci from -1 to 1.5 so that one can observe the key zones of support and resistance that gold has usually adhered to in the past.The center line (0) is represented in black and is the median of all the previous actions, where the price usually stays.Spring lines denote the significant price levels: $1,345.42 is a long-term lower support and $3,736.64 is an upper resistance level if we take into account the historical track record for a particular stock .The current price index is around $2,647.99 , with the stock having moved in a dominant upward trend (+13.82% this quarter).The vision of the future: If we are seeing a downtrend period in gold’s history, there is a fairly good possibility of a developing uptrend that will take gold near resistance price at the upper channel which is expected around 2030. This format is combined with historical trends and is a projection of the future price movements that all together provide a broader perspective to investors.
FX_IDC:XAUUSDLong
by Trwin
Non-farm data is mixed, gold peaks in the short termThe non-agricultural data on Friday went up and down, and it was neither rising nor falling. The 4-hour moving average is sticking together, and it seems that it will break through this week and usher in a big market. Gold has not reached its peak at all, and the 4-hour cycle is still one wave higher than the other. The only bad signal is that the 60-day moving average of the 4-hour cycle has been broken. We can see that in the previous wave of $150 increase, gold did not touch this moving average at all. This signal must be paid attention to. The K-line signal is still bullish, and this wave of triangle consolidation is about to change. Technically, gold has not reached the top yet, and gold has one last rise. Intraday short-term trading strategy: Gold 2665 short stop loss 2670 target 2645---40 Gold 2633 long, stop loss 2623, target 2655---60
TVC:GOLD
by David_strategy
1
How to get rid of a sell order in hand ?If you make money, it's because of your good skills or luck. But how should you deal with orders that lose money? Stop loss or continue to hold? It depends on whether the market continues to rise or fall. I personally think that the market will continue to fall. The main reason is that there is a lot of pressure from above. CAPITALCOM:GOLD BITSTAMP:BTCUSD BINANCE:BTCUSDT For investors who hold short orders, I suggest you continue to hold and wait for a suitable time to close the order. After all, after the stop loss, the loss is huge. Many people cannot accept it. Moreover, many people have different selling timings and positions. Getting rid of the short orders in my hands is my only idea at present. Whether you are a novice or an investor who has been in the market for a long time, you will face this problem. OANDA:XAUUSD Judging from my more than ten years of trading experience, it is only a matter of time before the gold price falls. It is reasonable to mitigate the loss through other transactions in the short term. After all, as long as it reduces the loss, any method can be implemented. Starting next week, I will share my real-time views and operation strategies one after another. If you want to recover your losses, keep paying attention. In this way, while you continue to pay attention to me, you will definitely get help and the answers you want.
TVC:GOLDShort
by George_parse
XAU/USD getting ready for another rally?Gold appears to be generating significant liquidity, suggesting a potential setup for another rally to the upside. We’re seeing liquidity engineering, which points toward the possibility of gold making a push to retest all-time highs. I’m watching for a chance to capitalize on this move. There’s a 1-hour demand zone just below a pool of liquidity that has recently triggered a change of character (CHOCH) to the upside. I’ll be looking for price to mitigate that demand zone before taking liquidity higher. Confluences for Gold Buys: - Gold is consolidating, likely preparing for a breakout. - Trendline liquidity to the upside still needs to be taken. - The 1-hour demand zone has caused a CHOCH to the upside. - Gold remains bullish, aligning with the overall trend. - The US Dollar Index (DXY) is showing signs of bearishness from its supply zone, supporting the bullish outlook for gold. Note: If price continues to drop and fails to hold at the 1-hour demand zone, I’ll anticipate it to fill the imbalance below and mitigate the 10-hour demand zone. This area is another point of interest where a potential bullish rally for gold could form.
OANDA:XAUUSDLong
by Hassan_fx
01/10/2024 - XAUUSD - Bullish Bat PatternAs of October 1st, 2024, XAU/USD (Gold) has formed a bullish bat pattern, indicating potential upward movement. Here’s the trade plan: Trade Details: Entry: Based on the bullish bat pattern and divergence in the Potential Reversal Zone (PRZ) Stop Loss: Below support level Take Profit Target: 1:1 ratio Target Price: 2650 Reason for Trade: The bullish bat pattern, combined with divergence in the PRZ, suggests a strong potential for an upward move. The target is set at a 1:1 ratio with stop loss placed below the support level for effective risk management. Disclaimer : This is not trading advice—it's for educational purposes only. Please conduct your own research before making any trading decisions.
OANDA:XAUUSDLong
by Unknown_Trader007
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
OANDA:XAUUSDLong
by ForexMasters2000
XAU continues sideways - accumulate waiting for new ATH 2705 ✍️ NOVA hello everyone, Let's comment on gold price next week from 10/07 - 10/11/2024 🔥 World situation: Gold prices pulled back after a stronger-than-expected US jobs report suggested that the labor market remains robust, indicating the Federal Reserve (Fed) may ease policy in smaller 25-basis-point increments. Currently, XAU/USD is trading at $2,643, down 0.40%. The US Bureau of Labor Statistics (BLS) reported strong job growth for September, easing concerns about the labor market. This reduced pressure on the Fed, which had previously cut interest rates by 0.50% in September amid concerns about reaching its maximum employment goal. 🔥 Identify: Gold price is sideways - accumulating in a large range of 2625 - 2681. The uptrend on the H4 frame is still stable and waiting for new momentum to reach the next new ATH. In the context of escalating Middle East tensions - gold price continues to increase strongly this year. 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: $2671, $2685, $2705 Support : $2626, 2588 🔥 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
OANDA:XAUUSDLong
by Nova-Scalper
1
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are in a new rage but just like last time we were able to generate accurate levels to use for the coming week. We are seeing price between two weighted levels. We have 2674 Goldturn resistance and 2650, as Goldturn support. We currently have a gap above on market open at 2655 and below at 2633 and will need ema5 cross and lock on either weighted level to determine the next range. We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2655 EMA5 CROSS AND LOCK ABOVE 2655 WILL OPEN THE FOLLOWING BULLISH TARGET 2674 BEARISH TARGETS 2633 EMA5 CROSS AND LOCK BELOW 2633 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2611 EMA5 CROSS AND LOCK BELOW 2611 WILL OPEN THE SWING RANGE SWING RANGE 2586 - 2558 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
12
POSSIBLE SCENARIO FOR XAUUSD THIS WEEK!As we know gold is still in a strong uptrend. When we look dating from 23/09/24 till 26/09/24 gold as hit several ATHs and retraced back down to its PREV BUY ZONE to continue its uptrend. With new data being released around the dollar and war conflicts in the Middle East gold has been unsure of its direction causing it to range between the BUY/SELL ZONE. The strong levels I would take from this are - 2625 - 2640 - 2670 I think if gold can continue its sudden bearish momentum its had after hitting its ATH then we can see 2625 being retested and if a sudden break of that we may see more down side. the other scenario is gold bounces off the 2625 for the third time in 3 weeks and continues its run in the bull market. This is just my analysis and not financial advice. Good luck trading Hit the rocket for more analysis’s for the rest of the year.
CAPITALCOM:GOLD
by goldmoneysignals
Gold fluctuates and awaits non-agricultural data!!!For today, we need to divide the non-agricultural data into two parts. 1. Before the data, it rose in the morning. The European market rose and fell in the past two days. From the perspective of the daily line pattern, it tested 2664 4 times, and the resistance level was very small. This must be a breakthrough, but if this breakthrough continues to fall, it will not make much sense. So, either it is around 2658-60, with a loss of 50, and look at 2673=75 above, and arrive before the data. 2. Give up the intraday market and wait for non-agricultural data. Referring to Wednesday's ADP, the non-agricultural data is likely to bottom out and rebound, but this bottoming must be based on the breakthrough and rise in the European market, and the US market will see a bottoming and rebound. If it has been suppressed below 2664 during the day, then the bottoming and rebounding will not make much sense. The trend is not very strong. Only if it breaks through during the day and the US market bottoms out and rebounds, there is a risk of breaking high. If it is suppressed, it is likely to continue to fluctuate. So whether it is strong today depends on the strength of the breakthrough in the European market. If there is no breakthrough, look for shocks; if there is a breakthrough, look for strength
TVC:GOLDLong
by David_strategy
1
PMI - momentum for NF - prepares to increase prices⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices remain supported by escalating Middle East tensions. On Tuesday, Iran fired over 200 missiles at Israel, and early Thursday, Israel launched airstrikes on central Beirut, Lebanon, increasing fears of a larger conflict. This ongoing instability boosts demand for safe-haven assets like gold. Meanwhile, traders are likely holding back from making strong moves, awaiting Friday's key US Nonfarm Payrolls (NFP) report for clearer direction. ⭐️ Personal comments NOVA: According to the H1 frame - gold prices form an upward trend - NF this week will determine the upcoming trend for Gold - NOVA leans towards upward price momentum thanks to middle east tensions - gold price has more upward momentum ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2644 - $2641 SL $2637 TP1: $2650 TP2: $2660 TP3: $2672 🔥SELL GOLD zone: $2672 - $2674 SL $2679 TP1: $2665 TP2: $2650 TP3: $2641 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
OANDA:XAUUSDLong
by Nova-Scalper
8
XAU 10/3 ! break and buy now ! touch old ATH 2681XAU / USD trend forecast October 3, 2024 Gold price (XAU/USD) remains under pressure during Thursday's Asian session due to a stronger US Dollar, supported by reduced expectations of aggressive Fed rate cuts. Wednesday's positive US ADP report highlighted labor market stability, causing investors to further lower their bets on a large rate cut in November. As a result, the USD Index (DXY) reached a three-week high, weakening demand for gold. Gold price moves in large range - touches H2 downtrend trendline Upward view based on world war tension in the middle east /// BUY XAU : zone 2641-2644 SL: 2636 TP: 50 - 100 - 300 pips (2671) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
6
Gold is in the Bearish Direction after Formation ManipulationHello 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
OANDA:XAUUSDLong
by ForexMasters2000