Get started

Goldprediction

XAUUSD, 30-minute timeframe chartXAUUSD, 30-minute timeframe chart XAUUSD break the resistance level of 2,667.00 General outlook XAUUSD has been under buying pressure within the last day. The pair moved up to the resistance level of 2,667.00. Possible scenario The best way to use this opportunity is to place a buy limit order at 2,666.30. Set your stop loss at 2,660.30 below the previous low ($6.00 loss for 0.01 lot) and take profit at 2,682.30 ($17.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
TVC:GOLD
by QAZIFXTRADER
Gold Price Analysis October 16Fundamental Analysis Gold prices traded in a positive bias for the second consecutive day and maintained intraday gains near the $2,675 region or a three-week high in the first half of the European session on Wednesday. Amid persistent geopolitical risks, disappointment over the lack of details on China’s fiscal stimulus dampened investor appetite for riskier assets. This was evident in the weaker tone in equity markets and turned out to be a key factor in favor of the safe-haven precious metal. Meanwhile, anti-risk flows led to a further decline in US Treasury yields and provided further support to non-yielding gold. That said, the solid expectations of less aggressive easing by the Federal Reserve (Fed) and bets on a regular 25 basis points (bps) rate cut in November will act as a driver of US bond yields. This, in turn, has lifted the US dollar (USD) to its highest in more than two months and could deter bullish traders from placing fresh bets on the commodity. Technical Analysis Gold’s break above 2680 is currently unresponsive. SELL points are in focus around 2684-2686. Above this level, only the 2700 price zone remains. A pullback is increasingly unlikely as the key area of ​​interest will be today’s Asian session low around 2660. Wishing you a successful trading day. A scalping hook around 2670 could be a breakout point as the European session enters but this point is likely to be false
OANDA:XAUUSD
by TVS-Trader
XAUUSD IDEA FOR 30 MINUTES TIME XAUUSD, 30-minute timeframe chart XAUUSD retested the resistance level of 2,667.00 General outlook XAUUSD has been under buying pressure within the last day. The pair moved up to the resistance level of 2,667.00. Possible scenario The best way to use this opportunity is to place a sell order at 2,666.30. Set your stop loss at 2,671.30 below the previous low ($5.00 loss for 0.01 lot) and take profit at 2,656.30 ($10.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.
TVC:GOLDShort
by QAZIFXTRADER
Gold’s Push to 2766—But an $80 Correction May Be Coming!Gold is eyeing key levels at 2719, 2738, and up to 2766, but let’s not ignore the potential for an $80+ correction along the way. I’ll walk you through the key targets and where the market might throw us a curveball. Join me as we break down the technical and figure out if gold is set to rally or hit a correction. If this analysis helped (or at least gave you something to think about), give it a like, drop your comments below, and hit follow for more updates. Your support keeps the content rolling—unlike gold, which might need a timeout soon! Mindbloome Trader Happy Trading
CAPITALCOM:GOLDLong
by Mindbloome-Trading
Gold's low has been confirmed, and the rise will be unstoppableIn yesterday's article, I clearly said that you can buy gold boldly when it falls back to the support area of ​​2642-2630. Although this trend did not come out yesterday, I bought it without hesitation when the gold price fell today, and took profits at 2654. But this does not mean that the gold price has reached its limit. I think as long as the gold price falls back to 2650 later, you can consider buying here, and the high point is definitely not the previous high of 2666. From yesterday's 1H chart, we can see that 2642 is 0.618. Although the gold price hit 2638 today, the real closing line is still around 2642. Therefore, according to the recent three callback trends, as long as it does not effectively fall below the support of 0.618 in the short term, it can be regarded as a bullish trend. At the same time, I think the previous high of 2666 is definitely not a short-term high point. This rise is likely to break through here. The first target above can be seen in the range of 2670-2680. If it can stand at 2680, the gold price is likely to test the 2700 integer mark again. The above is my view on gold today. Recently, my gold trading strategy has maintained a hot state of continuous profit. If you want to copy my trading details, you can contact me
TVC:GOLDLong
by AntonyTP
Short-Term Rebound and Conservative Short StrategyAs gold prices approach the market closure phase, technical indicators indicate a bullish momentum in the shorter timeframes. However, the potential upside is limited, anticipated to be around 5-6 points, and may require several hours of consolidation to reach. A significant resistance level exists in the 2670-2673 range, primarily driven by selling pressure from concentrated trading volumes and the appreciation of the US dollar. Currently, the market lacks effective news catalysts for momentum; thus, a conservative trading strategy should focus on short positions at elevated levels. The anticipated target range for this strategy is between 2646 and 2653. Compared to going long, the profit potential from shorting is expected to be more substantial. OANDA:XAUUSD CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1!
TVC:GOLDShort
by George_parse
The GOLD bears are stuckThese circles (on the chart) show where bears are stuck. Such levels have a great inductive element to them. And how they're crossed, whether they hang around for a while or rebounce quickly, gives a good indication of what the market price will do next. Moreover, according to publicly data, the average retail positions level is approximately $2,580. In other words, the market appears to be trending upwards, with average bulls positions already in the positive field
FOREXCOM:XAUUSDLong
by ClashChartsTeam
Gold washes the market, peaks and buys the bottomIn the morning, the price of gold did not continue the rise of last Friday. Instead, it opened lower and fell rapidly, creating the illusion of short-term adjustment, which continued until it stopped falling near $2,643. After that, the strength of the European session also created the illusion of breaking through the new high. The violent rise directly hit the high of last Friday, $2,660, and then traders began to turn bullish, and even waited for a pullback to go long. Today, from the perspective of the market, it continues to fluctuate. Today's support is no longer $2,640-36, but the pressure point of last night's high of 2,653 in the early morning. The high point moved down and the low point broke. The large box shock has not ended. It is estimated that it will take a few days. Only when the position of 2,653 is re-established, will we consider intervening in the long position, otherwise the weak shock will continue today. At present, the high pressure of gold is at the position of 2672 US dollars. The first support point below is at the previous rising position of 2636/37 US dollars, and the second is the top and bottom conversion position of 2624/22 US dollars. It is too early to talk about gold peaking now, but the high box has not ended. Considering the long-term grabbing area is still within the range of 2630/00. The higher the safety margin, the better the mentality of holding positions. Therefore, today gold will continue to fluctuate downward based on the 2668 long-short dividing point. If it can reach below 2624/22, consider intervening more. Yesterday's continuous decline has already induced today's pullback to long, especially relying on the support position of 2640-36. Break through 2653 and then consider the pullback. For the time being, the callback will remain oscillating downward.
TVC:GOLD
by David_strategy
1
Short the gold price first. Then buy the gold priceJudging from the trend. There is some intention to fall in the market. But the short-selling force is not strong. We can take the opportunity to do some swing trading. The support strength of the position of 2646 is very low. I think it is only a matter of time before it falls to 2633-2637. Because the support there will be stronger and it is a good time to go long. So if you don’t know how to trade now, you can refer to a transaction in the quick trading strategy. Simple sharing. Investors who like it remember to keep paying attention. CAPITALCOM:GOLD OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1!
TVC:GOLDShort
by George_parse
EURUSD Trendline Breakout Ready for a Long BullHello Traders In This Chart EURUSD HOURLY Forex Forecast By FOREX PLANET today EURUSD analysis 👆 🟢This Chart includes_ (EURUSD market update) 🟢What is The Next Opportunity on EURUSD 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
by ForexMasters2000
1
Gold's upward trend is confirmed, buy boldly on pullbacksLast Friday, gold continued to rise, reaching a high of 2661, as the US PPI data showed that the inflation outlook was still favorable to support the Fed's expectations of a rate cut next month. From the daily chart, we can see that the gold price has now stabilized above the daily average line, and the bullish trend has continued. In the short term, as long as the gold price pulls back to the support area, it is an opportunity to buy. Now it depends on where the gold price will start to rise. From the 1H chart, the nearest support below is around 2642, which is the 0.618 position of the Fibonacci retracement of this rise, and the second is around 2630. In today's Asian and European trading period, the gold price pulled back to 2643 and started to rise, which has verified the support strength of the 0.618 position. Therefore, if there is no accident today, as long as it pulls back here, you can buy boldly. My personal short position sold at 2653 last Friday has been closed with profit when it fell to 2645. Now I am waiting for the pullback to trade long positions.
TVC:GOLDLong
by AntonyTP
Technical analysis of gold 10.15 short-term operationOn October 15, in the early Asian session, spot gold fluctuated in a narrow range and is currently trading around $2,645.42 per ounce. Gold prices rose and fell on Monday. Although the geopolitical situation provided safe-haven buying support for gold earlier, gold prices once rose to a one-week high of $2,666.70 per ounce, but as the US dollar rebounded to a ten-week high, gold prices gave up gains and closed slightly lower. As expected, gold rose directly yesterday, reaching a high of 2,666. However, it soon fell back, and the daily line closed with an inverted hammer line. The 1-hour moving average of gold is still a bullish arrangement with a golden cross upward. Gold bulls still have strength to move upward. Gold has held on to the support above 2,643 twice after a high-level correction. It continues to buy on dips above 2,643 in the Asian session; but what needs to be noted today is that if gold fails to rise for a long time, then the moving average may begin to turn around, and the strength of the bulls may be affected. If there is no rise, the possibility of reverse shorting cannot be ruled out. BUY: 2638 Target 2655--60 SELL: 2660 Target: 2645
TVC:GOLD
by David_strategy
Gold Price Analysis October 14Fundamental Analysis Gold prices rose for a third straight day on Monday, rising to $2,667, or above a one-week high, in early European trading on Monday. Expectations that the Federal Reserve will continue to cut interest rates amid a favorable inflation outlook were the main factor driving flows into the non-yielding yellow metal. In addition, escalating geopolitical tensions in the Middle East also provided additional support for safe-haven bullion. Meanwhile, U.S. Treasury yields and the U.S. dollar (USD) remained elevated amid rising bets for a less aggressive easing policy from the U.S. central bank. This, coupled with a generally positive risk tone and optimism over China’s commitment to increase debt to revive its economy, could keep safe-haven bullion from gaining any further ground. This, in turn, warrants some caution for bullish traders and before positioning for any further upside amid a partial holiday in the US. Technical Analysis With the bank holiday, gold’s range bounds are unlikely to see a strong breakout. The 2665 high is seen as the top zone for today if the price fails to break above this zone by mid-European session. SELL entries can be established around the current price zone and the target level is expected to be around 264x-262x. The 2740 zone remains a strong and notable port zone for today.
OANDA:XAUUSD
by TVS-Trader
4
10.15 Gold Short-term Operation AnalysisGold fell for two weeks without breaking the 2600 area. On Friday, it bottomed out at 2602 and continued to rise. It is currently running at 2646. It did not continue the rise on Friday in the morning. It opened lower and fell by $10. Obviously, it is cold at high places. The continuous buying momentum of gold is not strong. Those who are familiar with the market know that if gold breaks through 2635, it will return to the 2628 to 2675 area to fluctuate. Just pay attention to the pressure of 2665 in the middle. The low opening and low movement in the morning are more due to the risk aversion on Friday. The news on the weekend is calm and there is no risk aversion news. Obviously, gold profit-taking is also a technical need. Since the high has fallen back by nearly $15, it is aggressive to participate in long-term entry, and it is prudent to participate in the 2620 loss in the lower track 2630 to 2625. Now the pressure is concentrated in the 2658 to 2665 area. We insist on not participating in any short-selling operations above 2665, unless the high is adjusted by 15 to 20 US dollars, we can choose to enter the market for short-term long positions. There is no major news today. The expected area is to fluctuate back and forth and wash the market mainly. The area is expected to be 2628 to 2675 for high selling and low buying.
TVC:GOLD
by David_strategy
1
Should we continue to short gold prices now?This week's operation is very simple. You can make money by buying at a low position. Review the trend of last week. After the whole trend had a significant negative impact, the price of gold was supported near the bottom of 2600. Then, with the promotion of geopolitics, the price of gold gradually rose, forming a force where bulls were stronger than bears. The sudden reversal of the market made some investors very panic. And I am here to tell you that this is a huge opportunity in trading. Don't panic. After the market opened on Monday, it first had an expected correction. It was consistent with my expectations. But it fell by about 7 points than I expected. At that time, the expected position was 2650. Those who have read the articles I shared on Friday or the weekend know that I told everyone in advance. Then I notified everyone that the trend of today's opening would rise sharply. Indeed, it rose sharply after the correction. It was only 3 points away from the small target position of 2670. If you are in the experience group, you can see my strategy plan. Trade according to the buying timing of the fast trading strategy. You can get profits from three orders. They were bought at 2656.2650.2645 respectively. Then no matter where it rises to, the profit is very good. So is it the time to short now? Indeed, for those who hold sell orders, this is a very entangled place. If you close the order, you are worried that the market will fall sharply and miss the decline. If you don’t close the order, you are worried that the market will continue to rise and the loss will expand. If you think this way, I suggest you leave me a message. I will tell you a detailed solution. If you don’t hold a short order, then my suggestion is not to rush to sell the gold price. Wait and see. The market will not continue to rise. But it will not continue to fall. Trading is to find a good time in the right trend to buy low and sell high to earn the difference. Please don't be opportunistic. If you want to trade, but don’t know how to trade, leave me a message. COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAUUSD CAPITALCOM:GOLD I have always emphasized that the current trading opportunities are huge. So if you want to make money from the trading market, remember to seize this opportunity. Instead of blindly trading, let your account go from 1 million to 500,000. Then to 50,000. Then to a few thousand. If you continue to follow me for three days, you will know the current trend clearly. If you continue to follow me for a week, if you become a member of the fast trading strategy, then the profit will be qualitatively improved, because the profit of the previous week is visible and available to every member. Stay tuned. I am George. I hope everything goes well for everyone in trading.
TVC:GOLDLong
by George_parse
XAUUSD / GOLD News as a fuel for setups [Read Description]Currently in bearish bias and looking to keep selling until proven otherwise. Two scenarios I like to play here: A) Decent selling volume below previous daily high - looking to continue selling B) Manipulation and rejection of level - will look for buys Besides a few quick trades, I'm expecting better opportunities tomorrow and the day after; that's where I anticipate the most volume. If market is strong enough, I'll look for major buy in area marked on chart, but seeing price now I don't expect this to happen this week tho. Still you never know, good to have a plan. Cheers.
OANDA:XAUUSD
by Tiwiel
Those who short gold prices must watch! Be alert! The first stage target of gold prices next week is 2670. I have already reminded you in advance on Friday this week. The gold price market is expected to continue to rise after the correction to around 2650. It is suitable to buy at low prices when operating. If there is a leading breaking news, this process will be accelerated. This conclusion was verified over the weekend. Next week, it will be directly reflected in the surge in the gold price market. OANDA:XAUUSD CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1! This is undoubtedly bad news for those who short gold prices. Gold prices will accelerate in advance next week. If you are a short-selling investor. Remember to be alert to the situation after the market opens on Monday. Maybe it is a good decision to stop losses in time. I am George, an industry insider who has been paying attention to the financial market for more than ten years and maintaining active trading. I will use my professional knowledge to lead everyone to compound interest value-added. If you want to know more, remember to continue to pay attention. Tip: There are many trading opportunities at present, remember not to miss the opportunity to make money now! Others are greedy and I am fearful. Others are fearful but I am greedy.
TVC:GOLDLong
by George_parse