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Goldlong

Gold keeps hitting new highs, and today is the day to see a breaThe gold price moves perfectly along the trend line. It starts to rise when it approaches the trend line. Gold is accumulating strength at a high level. Today, the gold price may break through the historical high and start the rising mode. The gold price trend is very healthy. It starts to rise when it approaches the trend line and important moving average. The best operation is to follow the trend, because the risk of going long is much lower, just like the Chinese A-shares that are winning by doing nothing now. Shorting may burst at any time, and going long may reach the daily limit at any time. Today's data: The number of layoffs of challenger companies in the United States in September (10,000 people) The number of initial jobless claims in the United States as of the week ending September 28 (10,000 people) The final value of the S&P Global Services PMI in the United States in September Trading strategy: Gold 2640 more, stop loss 2630, target 2665--------2670
TVC:GOLDLong
by David_strategy
1
Thursday Market Analysis and SignalsIn the early Asian session on Thursday, gold fluctuated in a narrow range and is currently trading around $2,657 per ounce. Gold prices fluctuated slightly on Wednesday. The US ADP employment data for September was stronger than market expectations, helping the US dollar index to record three consecutive daily gains and rise to a nearly three-week high. US Treasury yields also rose. Gold fell to 2,641 during the session on Wednesday, but tensions in the Middle East still provided safe-haven buying support for gold prices, down about 0.18%. The market will continue to focus on news related to US economic data and the geopolitical situation in the Middle East. After Iran launched a missile attack on Israel on Tuesday, gold prices jumped more than 1%. But the strength of another safe-haven asset, the US dollar, makes gold denominated in US dollars more expensive for investors holding other currencies, further limiting the rise in gold prices. Currently, traders are waiting for Friday's non-farm payrolls data, while also paying attention to the speeches of Federal Reserve officials for any clues about the policy path. This trading day will also release the changes in the number of initial jobless claims in the United States, the September ISM non-manufacturing PMI in the United States, and the monthly rate of factory orders in the United States in August. Investors need to pay close attention to this, and continue to pay attention to news about the geopolitical situation and expected changes in market non-agricultural data. Gold continues to fluctuate around a wide range of adjustments. Yesterday, the 2660/2640 range was repeatedly reshuffled. After a sharp drop to 2641 in the late trading, it stopped falling and stabilized, forming a sharp rebound and pulled up close to the 2660 mark. The daily line is still a red and blue alternating sawing pattern, and the wide range of fluctuations will continue. Pay attention to 2668/2678 on the upper side and 2653/2643 on the lower side. The repeated fluctuations in the range will continue on Thursday. Before a new round of trend trading appears, the short-term layout of the shock idea is the main focus. Asian market trading strategy: 2645-2648 long, stop loss 2636, target 2670-2680; 2668-2670 short, stop loss 2680, target 2650-2640;
OANDA:XAUUSDLong
by Jun-goldFX
10/2 XAU | USD increased by war conflictXAU / USD trend forecast October 2, 2024 Iran launched ballistic missiles at Israel on Tuesday in response to Israel's actions against Hezbollah in Lebanon, boosting demand for safe-haven gold. Israeli Prime Minister Benjamin Netanyahu vowed Iran would face consequences, while Iran warned of massive destruction in retaliation, escalating the risk of a wider Middle East conflict. Meanwhile, the US JOLTS report revealed a surprising rise in job openings for August, reaching 8.04 million. /// BUY XAU : zone 2635-2637 SL: 2629 TP: 50 - 100 - 300 pips (2665) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
1
10.3 Gold short-term operation strategyAt present, gold continues to fluctuate. The hourly chart has formed a converging triangle. The short-term support is 2648, and the upper pressure is at 2670. From the daily chart, the "big positive front resistance line" pattern has been formed. Under the support of the big positive line of last week, after repeated short-term fluctuations, the market tends to choose to break down! ! ! Today's data: The number of initial jobless claims in the United States as of September 28 (10,000) Intraday operations: BUY: 2648 Stop loss: 2643 Target: 2655----2660 SELL: 2665 Stop loss: 2660 Target: 2630----2625
TVC:GOLDLong
by David_strategy
1
Gold is also under pressure from the USDGold has been buying and selling inside an ascending broadening wedge and trending better. The average fashion stays upward, because the rate is above the 20-day and 50-day SMAs. However, gold is extraordinarily overbought withinside the quick term, because the RSI indicates. Therefore, the rate is correcting decrease towards the yellow dotted trendline, which intersects with the 20 SMA. Therefore, this rate correction is possibly to locate assist round 20 SMA, wherein the following purchase sign may also emerge. The gold stays upward trending so long as the rate stays above $2514. The gold marketplace additionally trended better at the 4-hour chart, forming an ascending channel pattern. The rate peaked at $2,685.sixty four on Thursday remaining week, achieving the resistance stage of this ascending channel. However, gold is presently locating assist on the midline of this channel and rebounded better on Tuesday. Two assist ranges are seen at the 4-hour chart: the midline assist at $2,630 and the decrease channel assist at $2,582. These assist ranges also are determined at the day by day chart above. 💎 TVC:GOLD BUY 2649 - 2647💎 ✔️TP1: 2660 ✔️TP2: 2668 ✔️TP3: OPEN 🚫SL: 2640
TVC:GOLDLong
by FalCol_TradingMaster
10.2 Gold bottoms out and correction is made from high levelsGold daily line is still sideways at a high level, and the K line continues to deviate far from the moving average. This is an abnormal trend. The gold price will inevitably return to the moving average. This is inevitable. At the same time, there is an obvious double top pattern near 2670, and the upper shadow line continues to close. Gold fell under pressure from the high level in 4 hours. Gold continued to have a double top structure in 4 hours. Gold rose to 2673 last night and fell under pressure. The resistance is obvious. The tension in the Middle East is still an important factor affecting the gold price. This week will usher in non-agricultural data. Intraday operation: SELL: 2675 Target: 2660------2650 BUY: 2645 Target: 2665------2675
TVC:GOLDLong
by David_strategy
9
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the chart today with price finding support just above the retracement level and then hitting 2650, as highlighted on the chart and now heading towards the 2674 Bullish target. We will need to wait for ema5 cross and lock above 2674 to confirm the range above or failure to lock above will see price test the lower Goldturns again and the weighted Goldturns for the bounces. 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 2674 EMA5 CROSS AND LOCK ABOVE 2674 WILL OPEN THE FOLLOWING BULLISH TARGET 2694 POTENTIALLY 2716 BEARISH TARGETS 2650 - DONE EMA5 CROSS AND LOCK BELOW 2650 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2620 EMA5 CROSS AND LOCK BELOW 2620 WILL OPEN THE SWING RANGE SWING RANGE 2588 - 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
4
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
XAUUSD:1/10 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2700, support below 2622 Four-hour resistance 2685, support below 2634-2622 Gold operation suggestions: Yesterday, gold rushed up and fell back. The price fell to the lowest 10-day moving average and then formed a support rebound, and finally closed at 2634.5. From the current market, the monthly line rushed up and fell back and still rose sharply. The price is far away from the moving average and needs to be corrected. The daily chart price fell below the 5-day moving average and supported by the 10-day moving average. The trend has not turned, but weak shorts have appeared. Today, it is expected to further decline after the correction of the 10-day moving average. From the short-term moving average dead cross downward, the auxiliary indicator MACD dead cross at a high level, the four-hour high of 2685 rushed up and fell to 2675 and officially turned short. It continued to go down yesterday, but the decline did not continue today. Judging from the current market trend, the short-term support below is 2634-2622, and the pressure above is 2650-2655. Continue to rely on this range to sell high and sell low, and wait patiently for key points to enter the market. BUY:2650near SL:2647 BUY:2634near SL:2630 BUY:2622near SL:2618 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSDLong
by ActuaryJ
10.1 Analysis of gold short-term technical operations1. The daily line has adjusted for two days and just stepped back on the 10-day moving average. According to the bulls, this is a typical correction. The biggest step back in the strong trend is 10 days. Whether it can go up today is very critical. 2. The usual high-rise and fall in the morning, the European market is weak. For the continuous market, the European market is weak and the US market is difficult to increase. 3. Yesterday, the US market retreated twice, and the European market broke the bottom, and the US market was weak after the bottom. It cannot continue the retracement. 2623 is the retracement of the rise to 382, ​​which is very critical. It breaks the bottom and affects the bulls. In addition, the daily line is weak, so the rise is affected. And today, it is above the turning point of long and short. The watershed in the morning is 2640. It is not considered whether the European market will go through a cyclic retracement for the time being.
TVC:GOLDLong
by David_strategy
Tuesday Market Analysis and SignalsIn the Asian market on Tuesday, gold fluctuated in a narrow range and is currently trading around $2,642 per ounce. The price of gold fell by nearly 1% on Monday, and once lost the 2,630 mark during the session, which is exactly where the 10-day moving average support is located. It is also the lowest since September 24. Because the speech of Federal Reserve Chairman Powell is hawkish, the market's expectations for the Federal Reserve to cut interest rates by 50 basis points in November have been reduced. The rebound of the US dollar and US Treasury yields has put pressure on gold prices to pull back. However, the ongoing conflicts in the Middle East and the entry of most central banks in the world into a cycle of interest rate cuts still provide support for gold! Driven by the loose monetary policy of the United States and the intensification of tensions in the Middle East, gold has experienced a historic rise recently. In the third quarter of 2024, gold has risen by more than 13%. Last Thursday, it hit a record high of $2,685, which was mainly driven by the Federal Reserve's half-percentage point cut and the outbreak of war in the Middle East. It should be reminded that when the rise in gold prices is blocked, investors need to beware of the risk of further correction in gold prices. The Eurozone September CPI data will be released on this trading day. Investors need to pay attention to it, focusing on the US September ISM manufacturing PMI, the US August JOLTs job vacancy data, and the news related to the geopolitical situation. Continue to pay attention to the speeches of Fed officials. Gold closed sharply higher on the monthly line, with the long upper shadow 2685/2680 historical high forming a short-term effective high resistance. The daily line fell back yesterday after a high rise and adjusted to the MA10 daily moving average at 2664. The short-term four-hour chart Bollinger band opened downward and the price was in the middle and lower track channel of the Bollinger band. The RSI indicator broke through the middle axis 50 and turned downward. The hourly moving average bonded the price Bollinger band and narrowed. Gold traded high and bought low on Tuesday! Asian trading strategy: 2622-2624 long, stop loss 2613, target 2640-2650; 2643-2645 short, stop loss 2654, target 2620-2610;
OANDA:XAUUSDLong
by Jun-goldFX
Gold's short-term downturn has passed, go long at 30Gold is long near 2630. Gold has gone out of the turning point, the decline is over, and it is about to start rising. Go long in the short term today, seize this opportunity to get a big wave. Gold fell back to the moving average and closed with a hammer line, and the turning point signal is obvious. Go long near 2630. If we look at the moving average, it also meets the bullish trend, because every time the gold price falls back to the moving average, there will be a rebound. Can it rebound and break the historical high? Let's not consider it for now, grab the long orders near 2630, and let the market give us the rise we want. Trading strategy: Gold is long at 2630, stop loss at 2620, target 2650-------2655
TVC:GOLDLong
by David_strategy
4
Will XAUUSD Bounce or Slide?Hello Traders! Today is going to be a tough day because gold can take a lot of sls today because the position of the market is slightly hard to analyse. so here we have 3 buying levels and 3 selling levels and theres also a news today which would affect us. Selling levels: this will work as if market give respect to any of those level and retest it as resistance then we can consider selling. 1. 2639 - 2642 2. 2653 - 2656 3. 2665 - 2671 Buying levels: also works same as selling levels 1. 2626 - 2623 2. 2614 - 2611 3. 2605 - 2600 we have to monitor the market when it come to these and watch carefully for any breakouts or retest the support or resistance then we can enter. supporting by follow and liking would be highly appreciated.
OANDA:XAUUSD
by HouseofProfit
XAUUSD: 30/9 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2700, support below 2622 Four-hour resistance 2685, support below 2643 Gold operation suggestions: Gold currently has different degrees of narrowing signals in the 4-hour and 4-hour, indicating that there will be a need for adjustment in the short term. With the high and fall action at the end of last Friday, this week before the release of non-agricultural data, it will maintain the range sweeping action, continue to narrow the range, and accumulate momentum to break through the range again. At the daily level, it is based on the 10-day moving average as the support line for the rise. Today's support below focuses on the 2643/2634 level, and the upper pressure focuses on the 2675-2685 area. Continue to rely on this range to sell high and buy low during the day. The daily level does not fall below the 2622 line and continue to be bullish. I will prompt the specific operation strategy in the VIP signal. BUY:2650near SL:2647 BUY:2634near SL:2630 BUY:2622near SL:2618 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSDLong
by ActuaryJ
1