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Gold price analysis September 4☘️Fundamental Analysis Gold prices bounced from multi-day lows but remained below the $2,500 mark amid renewed buying in the US Dollar (USD) on Wednesday. However, ongoing geopolitical risks and the Federal Reserve’s (Fed) impending rate cut could support the yellow metal in the near term. Later on Wednesday, JOLTS Job Openings and the Fed Beige Book will be released. Investors will be closely watching Friday’s highly anticipated US Non-Farm Payrolls (NFP) for August, which could determine the size and pace of a potential rate cut at the Federal Reserve’s September policy meeting. If the report shows a weaker-than-expected reading, it could fuel speculation of a US recession and a faster rate cut by the Fed. This in turn could boost the precious metal further as lower interest rates reduce the opportunity cost of holding non-yielding Gold. ☘️Technical Analysis At the end of the trading session, gold was booked by investors as it was pushed up from the beginning of the session, causing gold to fall from 2497 to 2487. The 2485 price zone became an important zone when the European session jumped in. The price is approaching this zone for those who can execute the BUY scalp signal. This week's trend will continue to decrease in price until the Nonfarm data is released to shape the current gold trend. A deep pullback to the lows is seen as an opportunity to buy long term when interest rates fall. Today, pay attention to the 2461 and 2472 zones for a BUY strategy. Resistance: 2505 - 2509 - 2515 - 2524 - 2535 Support: 2491 - 2485 - 2472 - 2461 - 2454 - 2440 SELL price zone 2513 - 2515 stoploss 2518 SELL price zone 2505 - 2507 stoploss 2511 BUY price zone 2474 - 2472 stoploss 2469 BUY price zone 2460 - 2462 stoploss 2456
OANDA:XAUUSD
by TVS-Trader
9.4 Gold short-term operation strategyGold 2480 broke as expected. The US dollar rose 0.26% during the week, hitting a two-week high of 101.9. Affected by the surge in the US dollar index, the price of gold hit a new low of more than a week to around 2473 yesterday. However, the poor performance of the US ISM manufacturing PMI data dragged down the US bond yields, providing support for the gold price. It rebounded slightly in the late trading, and the daily line closed with a small negative column with a long upper and lower lead. The market is waiting for the US non-farm employment data, which may determine the scale of the possible interest rate cut at the Federal Reserve's September policy meeting. After the US holiday on Monday, gold finally broke out on Tuesday, breaking through 2480 all the way during the session and reaching the 2473 line. As we said, the market reached 2480. The 2502 short order given yesterday was basically the highest short order of the day, and once won 22 points of profit. The recent market is actually a market for making money. As long as gold rebounds, you can short it. The current price is more stimulated by the news, and it will not be supported for long. At present, 2480 has been broken. The area of ​​2473-74 is a strong support. If it breaks down, it will go to the 2460 line. Based on the current trend, there is still a high probability. The 4-hour trend shows that the downward channel has been opened. If it rebounds around 2500 today, you can participate in short orders. Detailed intraday operation strategy: Short at 2505, defend at 2513, target 2490-2480 Buy at 2480, defend at 2473, target 2500-2505
TVC:GOLDShort
by David_strategy
1
9.4 Analysis of Short-term Gold OperationsThe U.S. market broke the bottom and reversed, with three negative daily lines, and the price completely broke the short-term 5-day and 10-day moving averages. 2490 did not hold, but this decline was not restless either. 1. They all fell first in the Asian market. 2. The European market is still rebounding and rising, forming an illusion of support. 3. The U.S. market fell 6-8 points before the intraday low, and the drop at this point basically determined the U.S. market to retreat. 4. The U.S. market continued to counterattack the 2502 line, which was considered a shock. It broke the intraday decline and rebounded 618, and also broke the top-bottom conversion level. 5. After the US market broke through the bottom, the difference was slightly 2470-1, the previous low. 6. It pulled back upward in the early morning, touching the intraday drop of 618 at the 2494 line. From this we can see several points: (1), it fell in a cycle in the morning. (2) Oscillating retracement, the strength of the rebound is also OK. Although the decline is large, it can be closed up, and it is not an extremely weak decline. (3) The daily rhythm is three Yin, reaching the edge of the maximum correction. Today's market should turn positive. This pattern, if there is a swallowing decline, the overall weakness will be weak, but this constitutes that it should still be a bull wash. Therefore, in terms of operation: You can get rid of the cycle and bet on the retracement first. The resistance level is 2492, which is the 618 position of yesterday's decline and rebound. If it breaks 2502, it will lose money and look at the 2483-4 line. Pay attention to two points: if it falls in the morning, you should sell in the afternoon. In addition, if the morning does not fall to the target level, it will break the high in the afternoon and the short will be evacuated. There will be a cycle in the afternoon, and the European session will rise. If the cycle in the afternoon is stuck, if it touches the 2483-4 line, it will be long, and the loss will be 73. Look for the intraday European session to pull up. The extreme retracement long position is 2481.5, which is the 618 position of the rebound and rise. But if the market resists the decline in the morning, it will be more aggressive in the afternoon, and the market will be above 2500.
TVC:GOLD
by David_strategy
1
Gold Demand Surges in Asia as Local Currencies Weaken the gold market is expected to maintain a soft upward trend. This projection is supported by several factors, including technical indicators showing positive momentum that isn't yet in the overbought zone, suggesting that the path of least resistance is upward. In the short term, the price of gold is likely to stay around the $2,500 level, with possible resistance at $2,480 and support near $2,430. If there is a significant pullback, it could be viewed as a buying opportunity, especially if prices dip towards these support levels. However, a break below $2,400 could indicate a deeper correction​ Overall, the gold market is showing a bullish bias, with the possibility of prices continuing to rise throughout the month, influenced by ongoing geopolitical tensions and economic uncertainties​
OANDA:XAUUSDShort
by BELLATRIXFX
GOLD - where is today support? what's next??#GOLD.. due to overall uncertainty gold behave is indicate a buying scnerios but on chart game is different. overall for today we discussed in our video analysis that market have 2516 with minor support 2511 around and as you can see marekt hold our 2nd minor support sofar. now keep close that region that is your ultimate area n region from 2511 to 2516 that 5 points region can change the totally change. only short below your region otherwise not at all AND UPSIDE BREAKGE CAN BE A GOOD BUY SIGN.. otherwise stay aside. good luck trade wisely
FX:XAUUSD
by AdilHussain731333
GOLD SELL Idea | $2480-2435 expected- Gold prices remained close to their recent all-time highs last week, driven by strong market sentiment and expectations of an interest rate cut by the Federal Reserve in September. This optimism follows comments from Fed Chair Jerome Powell, who suggested a potential policy shift, fueling speculation that the Fed may reduce rates by 25 basis points, with some possibility of a 50-basis-point cut. This expectation has been a key factor in sustaining gold’s rally. - On Friday, gold prices experienced a slight decline due to profit-taking after the release of U.S. inflation data. The Personal Consumption Expenditures (PCE) price index, which rose by 0.2% in July, met expectations and confirmed that inflation is no longer the Fed's main concern. Instead, the Fed is focusing on unemployment and economic growth, with revised Q2 GDP growth of 3% and declining jobless claims reducing fears of a recession. - Geopolitical tensions, particularly in the Middle East with the ongoing conflict between Israel and Hamas, have also increased demand for gold as a safe haven. Central banks have continued to purchase gold, further supporting prices, with some analysts predicting that gold could approach $3,000 by the end of the year. - Looking ahead, the upcoming U.S. non-farm payroll report will be crucial in determining the Fed's next move. A weaker-than-expected jobs report could increase the likelihood of a larger rate cut, potentially driving gold prices higher. However, traders should be cautious of potential risks, such as weak physical demand in major Asian markets like China and the fact that many investors are already heavily positioned in gold, which could limit further gains.
OANDA:XAUUSDShort
by GOLDFXCC
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Please see update on our 1H chart idea, which has been playing out level to level. Yesterday on our 4H chart update we stated that our 1H chart had a lock below opening the lower range. This was the 2498 bearish target, which was hit and followed with a cross and lock opening the retracement range 2484. This was also hit perfectly and gave the perfect bounce, as part of our plans to buy dips from the weighted levels. We currently still have a gap above at 2509 and will only target this if the lower weighted levels are rejected with no further locks. Otherwise we are happy to track the movement down and catch the buys from the weighted level bounces. We will also keep in mind that a cross and lock below the retracement range will open the swing range for the extended bounce. 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 2509 EMA5 CROSS AND LOCK ABOVE 2509 WILL OPEN THE FOLLOWING BULLISH TARGET 2524 2535 BEARISH TARGETS 2498 - DONE EMA5 CROSS AND LOCK BELOW 2498 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2484 - DONE EMA5 CROSS AND LOCK BELOW 2484 WILL OPEN THE SWING RANGE SWING RANGE 2472 - 2461 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
46
GOLD, raid for liqudity! Ver thik, her ek kom!Gold just took liquidity from the previous day's low (PDL) and previous week's low (PWL). It had the first market structure (MS) shift on the 15-minute chart, and now, after some consolidation and testing of the 15-minute order block (OB), it will most likely continue higher to take out liquidity from the equal highs (EQH) in the 2528-2531 area (which also includes the previous month's high (PMH) and previous week's high (PWH)). This aligns with the monthly theory that suggests price manipulation at the beginning of the month, followed by the real move during the 2nd and 3rd weeks of the month. I would wait until the price moves higher to the 2507 area, breaks above it, and closes on the 15-minute chart with the candle body above the London open high (LOH). Only then would I open a long position targeting the previous week's high (PWH). Always follow risk management: after a 1:1 risk-to-reward (RR) move, adjust the stop-loss to the entry point. At 1:2 RR, either take full profit (TP) or trim 80% of the position.
CAPITALCOM:GOLDLong
by Almenio
XAUUSD: Sell at 2505-2510 resistance zone, target 2490-2480Yesterday was Labor Day in the United States. The amplitude of gold was very small and we did not participate in any transactions. Today the market is back on track and it is time to open our transactions! Gold fundamentals: Tensions in the Middle East have escalated again, and risk aversion has rekindled. Due to the recent positive economic data, the U.S. dollar index continues to rebound, and the ISM manufacturing PMI for August to be released today is expected to rise slightly to 47.5 from 46.8 in July, indicating that the manufacturing industry is recovering moderately, which will continue to support the U.S. dollar. rebound, gold falls. In addition, the market expects that the United States will create 163,000 new jobs in August and the unemployment rate is also expected to rise to 4.2%. This reflects strong economic fundamentals and further boosts the dollar. Gold technical aspect: Judging from the Fibonacci retracement of the decline between the highest point of 2528 and the lowest point of 2490, 2505 is 0.618 and 2510 is 0.5, so this range is the resistance to gold's rebound. Trading strategy: Since the direction is clear now and 2505-2510 is the resistance area, we can sell in this range.
OANDA:XAUUSDShort
by AntonyTP
Trading signals GOLD september 3Support: 2485 – 2,471 USD Resistance: 2,513 – 2,531 - 2550 USD SELL XAUUSD PRICE 2551 - 2549⚡️ ↠↠ Stoploss 2555 →Take Profit 1 2544 ↨ →Take Profit 2 2539 SELL XAUUSD PRICE 2512 - 2514⚡️ ↠↠ Stoploss 2517 →Take Profit 1 2505 ↨ →Take Profit 2 2495 BUY XAUUSD PRICE 2484 - 2486⚡️ ↠↠ Stoploss 2479 →Take Profit 1 2489 ↨ →Take Profit 2 2494 BUY XAUUSD PRICE 2470 - 2472⚡️ ↠↠ Stoploss 2467 →Take Profit 1 2475 ↨ →Take Profit 2 2494 ⚡️Psychology, discipline and capital management are the three factors that make victory possible.⚡️
OANDA:XAUUSD
by TVS-Trader
Gold entered into a bearish structure after breaking channelHello 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
9.3 Gold short-term operation strategyAt the beginning of the Asian session on Tuesday (September 3), spot gold 4 hovered below the 2500 mark and is currently trading around 2495 US dollars per ounce. Due to the strengthening of the US dollar, the price of gold fell to the lowest point in more than a week near 2489 on Monday, but then rebounded to around 2507 yuan and closed at 2499, with a small negative column with upper and lower leads on the daily line. During the US holiday, the overall volatility of gold was small yesterday, and the intraday short-term was still dominated by fluctuations. Although the gold price fell below the 2493 support during the day, it quickly recovered, but the rebound strength was still weak, especially the hourly line. After a small rebound in the white plate, it fell all the way, with basically no rebound strength. In the morning, it came to 2495 again. This trend, from the perspective of the day, will definitely continue to decline, and 2480 is expected to be reached. Gold is now in a multiple top structure above, and the trend of the hourly line is obviously falling. The gold short has not ended yet. The rebound of gold is an opportunity for the short. Gold is now building a top structure. Once formed, the decline of gold has just begun. Today, we are still shorting near the rebound of 2505, which is the starting point of the hourly line decline. Detailed intraday operation strategy: Short gold at 2505, defense 2512, target 2490-2480
TVC:GOLDShort
by David_strategy
2
9.3 Gold short-term operation strategyGold fluctuates to welcome non-farm payrolls Gold fell in the Asian session on Monday, rebounded in the European session in the afternoon, rebounded slightly in the US session in the evening, closed early in the morning, and finally made profits twice. The daily line closed with a small cross Yin pattern. The daily line has been mainly oscillating in recent times Gold bottomed out and rebounded in the Asian session on Tuesday. The 4H closed with a small Yin at 10 o'clock. From the current pattern, gold still has the momentum to fall. In terms of operation, pay attention to the 2480-2482 range. Go long for the first time it touches and look for a rebound. Other positions are arranged on the spot. Today's PMI data will also be focused on On September 3, the upward point is 2480-2482, long, protect 2474, and target 2490, 2498 Downward point is 2510-2512, short, protect 2515, target 2500 2495
TVC:GOLD
by David_strategy
1
Gold Price Hover NearRecord Highs Ahead of Key Labor Market Data the price of gold is expected to continue its soft uptrend. According to recent analyses, gold is currently in a rising channel pattern, indicating a potential for further gains if it maintains its upward momentum. This soft uptrend is supported by factors such as geopolitical tensions and rising real inflation, which are considered favorable for gold as a safe-haven asset. The predictions suggest that gold might experience a slight increase, moving within a range of $2,491 to $2,643 per ounce throughout the day
OANDA:XAUUSDLong
by BELLATRIXFX
XAUUSD: Wait for a rebound and choose to sell at a high levelLast Friday, as the performance of the US PCE data did not support the Federal Reserve's 50 basis point interest rate cut, the US dollar index rebounded and gold investors took profits, which caused the gold price to fall directly below the 2,500 round number mark. Considering that the U.S. market is closed today, the market fluctuations will not be too large, so we mainly do range-based sell-high and buy-low transactions. Judging from the Fibonacci retracement indicator of this decline, the upper resistance is mainly in the 2504-2510 area. If the level is broken here, the gold price will return to the high area again and continue to try to set a new high, but this may be difficult today. Appear. The lower support is mainly in the early intensive support area 2470-2480. So my strategy today is to sell high and buy low in this area. The gold price is now around 2500 points. If it continues to rise to the 2504-2510 area later, I will choose to sell first. Today is not a major trading day because the U.S. market is closed. There will be multiple major data release days in the next few days this week. This is the key point. Everyone can relax today. We will trade if we have the opportunity. If there is no opportunity, we will not trade. Resistance area: 2504-2510 Support area: 2480-2470
OANDA:XAUUSDShort
by AntonyTP
9.2 Gold short-term operation strategyGold fluctuates, short-term bullish ideas remain unchanged Today is currently successful. Due to the Labor Day in the United States, the market fluctuates in the range of 2490-2508. Go long in the morning and leave with a profit of 4 points. In terms of trend, the overall trend is still short-term bullish. After falling back, it stands on 2500 again. Bulls are dominant. Short-term bullish operations are still in place. Go long around 2496, stop loss at 2488, and stop profit at 2508-2516. Pay attention to risks. Trading ideas: Go long around 2496, stop loss at 2488, and profit at 2508/2516 The above suggestions are for reference only and are not used as a basis for trading
FXOPEN:XAUUSDLong
by David_strategy
2
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
VELOCITY:GOLDShort
by Thief_Trader
gold outlook🟠 Gold Spot (XAU/USD) Analysis: Key Levels & Potential Movements The 4-hour chart for Gold Spot (XAU/USD) provides a comprehensive look at the market's behavior over the past few weeks. - 4H Upward Trendline: This trendline has been respected multiple times, with at least four price touches, indicating its significance in the market. However, keep in mind that even strong trendlines can break. - Sideways Market (20th Aug - 30th Aug): After a strong upward move, the market entered a consolidation phase, trading sideways within a defined range. This often indicates indecision, as buyers and sellers struggle for control. - Break of the Sideways Market (30th Aug): On the 30th of August, we saw a significant break below the sideways range, suggesting that the bears might be gaining control. Potential Movements: - Upward: If the market manages to recover above the broken trendline and retests the upper levels, this could signal a continuation of the previous upward trend. - Downward: Conversely, a failure to reclaim the trendline, coupled with continued selling pressure, might confirm a bearish movement, with the possibility of further decline. Remember, anything can happen in the market. It's crucial to wait for clear confirmations before entering a trade. Stay alert and be ready to adapt to the next move!
FX:XAUUSD
by THE-10