Goldlong
Gold is in the Bearish Direction after Formation Manipulation Hello 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
GOLD 1H Situational Analysis
Gold has been pushing up for a long period of time, now it has finally slowed down and started consolidating seen on 1H chart.
For LONG opportunities, we need a upward confirmation signal Break of Structure(BOS) to happen at level 2517.580 first, which increases the probability of the market going towards the TP level 2531.765, after which we can start seeking for entry area at lower timeframes to BUY. There are two scenarios for the market to reach BOS, briefly marked by the blue and green prediction paths.
At current moment, it is not easy to Short the Gold, since the uptrend in higher timeframes still seems very strong. But I've suggested a rough "Caution level" at 2491.000, indicating a potential trend reversal signal once it's broken, it's lying below a 1H green demand zone.
Buy Gold (Xau/Usd) Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent formation of well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2511, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2537
2nd Support – 2551
Stop-Loss: To manage risk, place a stop-loss order below 2499. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
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Best Regards, KABHI FOREX TRADING
Thank you.
Gold’s Bullish Path: Will It Hold? What to Expect NextThis idea focuses on Gold's short-term potential based solely on technical analysis.
If you have a different perspective, please share your thoughts in the comments.
--Overview--
Gold has been on a bullish run since the beginning of July, successfully breaking through the $2,450 mark after multiple attempts. However, it is now encountering resistance around $2,530. If the current momentum weakens, there's a risk that Gold could retrace to the $2,420-$2,450 range. It's important to note that this potential short-term pullback doesn't impact the long-term outlook, which remains strongly bullish.
My reasoning is as follows,
In this view, Gold is currently attempting to break through the $2,450 resistance level, highlighted by the yellow trend line.
When Gold reached a new all-time high at $2,480, it reinforced the bullish sentiment, fueling further momentum. We can see the momentum shift clearly because after the new ATH Gold didn't fall back to 2300$ but instead kept its position at around the yellow circle.
Gold starts moving with the steeper bullish trend shown as blue.
This is what concerns me..
Gold already reached the top of this trend. If momentum doesn't increase further more, a short-term pullback seems likely.
I see two potential scenarios that could sustain the current short-term bullish momentum without a loss.
First, Gold could attempt to retest the upper boundary of the blue trend. If it gains additional momentum, possibly fueled by increased buying in anticipation of a new all-time high, this could extend the bullish move.
Alternatively, Gold might experience a slight pullback, falling to around the midpoint of the blue trend. If momentum shifts again creating a higher low inside the blue trend, this could spark a stronger bullish rally.
With that being said, I find both of these scenarios difficult as of Today.
What is possible then?
I have narrowed down the timeframe...
A retest of the upper boundary around ~2530$ or possibly ~2540$.
Or no retest at all, and a pullback to ~2420$ which is still very bullish on the weekly chart.
Beyond this level, it's difficult to make a fair assessment. We’ll need to wait and see how it plays.
I have included this perspective to better make sense on the sell pressure around the last weeks all-time high.
This idea is based on my opinions and expectations, please don't forget to do your own analysis before taking risks.
Gold 2523 Buy TP 2535I posted an article last Thursday
I publicly predicted that gold would rise from 2480 to above 2510 and back to 2500! It will continue to rise after stepping back! I don't know if you remember this article!
In fact, my prediction was 100% accurate! But the article was banned
In fact, I've made a lot of public predictions and I've been right every time!
If you want to get factual trading signals every day then click on my website where the latest trading signals are constantly updated
Because I was afraid you wouldn't be able to find me after the account was blocked!
Gold 2523 buy
tp:2535!
XAUUSD: 26/8 Today's Market Analysis and StrategyTechnical analysis of gold
Daily resistance 2550, support below 2450
Four-hour resistance 2550, support below 2494
Gold operation suggestions: Gold opened today with a slow rise and shock pattern, and today's trend should be consistent with the trend at the end of Friday. Today we follow the trend to go long, but we are not in a hurry to enter, waiting for the opportunity to enter.
Judging from the current trend, today we will focus on the short-term support of 2501 below, and focus on the suppression of last week's high of 2531 above. Continue to go long after the retracement. The market is changing rapidly, so observe the reaction of gold.
BUY:2494near SL:2490
BUY:2500near SL:2494
BUY:2507near SL:2500
Technical analysis only provides trading direction!
This signal is not a real-time trading guide, so please use a small SL to test the signal
Either Stock or GoldIn every analysis I have done over the years, I have said that I hold either gold or equities. I have never been in cash other than equities. These charts explain why.
From 1884 to 1970, you could buy 1 SP500 share with an average of 0.74 gold or $14.75. So there is not much point in choosing between gold and the dollar during this period because the Bretton Woods system is still in place. But the real problem starts after 1970. After the Bretton Woods system was abolished, you can now buy 1 SP500 share with an average of 2 gold coins. Yes, the stock is rising relative to gold, but it is not in a continuous upward trend, so you can buy SP500 shares with 2 gold in 1972 or 2020. But in dollar terms, things are not so good. In 1970 you could buy SP500 for $100 and in 2020 you can buy SP500 for $3000.
Therefore, when you sell a share, going for gold instead of cash may put you at a speculative loss in the short term, but in the long term you are always on the winning side.
waiting for new ATH XAU !! 8/26 The Gold price (XAU/USD) trades with mild losses near the $2,500 psychological support on Monday. However, the downside of the precious metal might be limited amid rising expectations that the US Federal Reserve (Fed) will begin lowering borrowing costs in September. Lower interest rates are generally positive for Gold as it reduces the opportunity cost of holding the non-interest paying asset.
Furthermore, the escalating geopolitical tensions in the Middle East and the economic uncertainty are likely to boost the safe-haven demand, benefiting Gold price. On the other hand, the sluggish demand in the Chinese economy might undermine the yellow metal as China is the largest producer and consumer of gold worldwide. Later on Monday, the US July Durable Goods Orders are due. The highlights for this week will be the preliminary US Gross Domestic Product Annualized (GDP) for the second quarter and the Personal Consumption Expenditures-Price Index (PCE) for July, which will be released on Thursday and Friday, respectively.
2024 will be the year of the strongest increase of Gold: old ATH 2531 and continue the upward trend
According to the M30 trendline, wait for the price to retest the supply zone. then increase again
BUY XAU: ZONE 2517 - 2515
SL: 2511
TP: 40 - 80 - 150 PIPS ( 2530 )
Safe and profitable trading
Gold Visit fourtrades website for full market analysis link in the bio
4-Hour Chart Analysis
The 4-hour chart reveals that Gold has been moving within an ascending channel, with the price currently testing the upper boundary of this channel. The repeated testing of this upper trendline, highlighted by the red arrows, suggests a strong resistance zone. However, the price action near the daily retest area indicates that a breakout to the upside could occur if the price manages to close above this resistance level. If a breakout happens, the next target could be around $2,540.00 to $2,550.00. On the downside, a pullback towards the daily retest area around $2,500.00 could provide a solid support base.
XAU/USD Bullish Trend Alert ,Tomorrow Targeting is ($2,550) 1-hour chart, I've identified a bullish trend emerging in the gold market with a potential breakout target of ($2,550).Tomorrow is strong upward momentum as the price is expected to breach the current resistance levels, indicating a promising opportunity for buyers. With key support at ($2,496), the risk-reward ratio looks favorable for those looking to capitalize on this bullish move.
Gold is in the bullish direction after breaking all time highHello 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
Gold to $2820 by Jan 2025?Hello traders,
I'm sharing my analysis of the gold chart (XAUUSD) on a monthly logarithmic scale, which helps provide a clearer perspective on the broader trend and avoid confusion.
I'm suggesting a long position or investment targeting the $2820 to $2870 range. Here’s why:
Cup & Handle Pattern: I’ve identified a cup & handle pattern that points to a target range of $2820 to $2870, indicating a potential upward move.
Uptrend Wave Study: Analyzing the current uptrend wave from 2016 to now, we can observe a semi-flag pattern from August 2020 to November 2023. This pattern recently broke out, signaling a continuation of the upward trend towards the $2.8K area.
Daily Chart Analysis: On the daily chart, I've analyzed and marked a flag pattern with a cyan rectangle, targeting $2825 by January 2025. To determine this, I measured the time from the 0% to the 61.8% Fibonacci level (143 bars) and applied the same period (143 bars) from the 38.2% to the 100% Fibonacci level, as shown in the chart below.
Please check my previous analyses on NVDA and BTC to see how useful the logarithmic scale is when dealing with large numbers and charts that show a steep upward trajectory.
As always, I recommend conducting your own research and analysis before making any trading decisions.
Gold continues to Climb.Gold has dropped down into the 4hr FVG on Thursday just to grab the sell-side liquidity in order to continue going higher.
On Friday, the price has closed above the open price of the 4hr Bearish Candle that took out all the liquidity, and that would make it a valid Order Block to rely on to climb back up.
Therefore, it is now confirmed that Gold will continue going higher.
Cheer up Buyers.
Gold is GOLD yet not be OLD!!Buy GOLD in all dips
Can be Multibagger!!
Target1 - 2600 USD
Target2 - 2899 USD
Target3 - 3050 USD
Long Term can be anything, if its closed above 3000 USD..
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions