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9.26 Gold Short-term Operation StrategyThe gold four-hour line is a positive line throughout the whole process. Even if it closes with a negative line, it can still break through the positive line directly and close with a long lower shadow. The K line always stands above the moving average and always crushes the moving average. The bullish trend has not changed at all, and the support level has been constantly moving up. This is a super buying trend that continues to set new highs. Short-term operation in the Asian session: BUY: 2658 Target: 2670
TVC:GOLDLong
by David_strategy
1
9.26 Technical Analysis of Gold Short-term OperationsGold rose again in 1 hour and is currently trading at 2660 without breaking a new high. At present, gold has begun to form a small double top. After continuous rise, the bullish momentum of gold has gradually begun to be consumed. A major adjustment is imminent. If the rebound of gold in the US market does not break a new high, it can still be shorted. On the 1-hour K-line chart, gold has risen. At this time, the Bollinger Bands began to close, and the gold price fluctuated and adjusted. As for the target position, we look at the 1-hour moving average Today's focus The number of initial jobless claims in the United States as of the week of September 21 (10,000 people) Detailed operations during the day: Sell: 2665 Target 2650-2645
TVC:GOLDShort
by David_strategy
1
9.26 Technical Analysis of Gold Short-term OperationsYesterday, gold continued to break highs in the US market, performing extremely strongly. The early trading price was 2661. Yesterday, it rose by 30 US dollars and continued to rise to the 2670 line. There is no doubt that with the frequent breakthrough of high points, the rising gold bulls are coming, and the upward trend will accelerate. Bulls will be the main theme in the future; the correction action is presented in the form of shocks. "Although it has set new highs many times this year and outperformed major stock indexes, in the long run, gold still has room for further growth. Pay attention to the correction in the short term." In a low interest rate environment and geopolitical turmoil, interest-free gold is often the preferred investment. Today's operation: BUY: 2650 stop loss 2640 target: 2665-2675 SELL: 2680 stop loss 2685 target: 2660-2655
TVC:GOLDLong
by David_strategy
1
9.25 Professional Gold Short-term Operation Analysis StrategyToday, the recommended upper pressure position is 2665, and the lower support is 2645. The overall market still shows a trend of raising the low point to a new high, and the structural low point of this round is around 2624. The support effect of this position was also mentioned in yesterday's analysis. So if the market has a strong correction today and directly breaks through 2645 without stopping, the alternative plan is to look at the support of 2638. This position is the support of the Fibonacci 0.618 correction level of yesterday's overall pull-up.
TVC:GOLDShort
by David_strategy
1
Gold's Rally Nears an Interesting Zone: Time to Lock in Profits?In six of the last seven months, Gold has hit new all-time highs. It's been an impressive rally, especially after breaking the significant psychological level of $2000. It took almost four years and seven failed attempts before the 8th finally succeeded, followed by a textbook retest—and here we are today. From my perspective, XAUUSD has now reached a highly interesting zone. Two of my key criteria— channel projection and equal waves —are in play, which are useful when there's no previous price action traffic from the left. Is this a short/sell zone? No, I don’t think so. Instead, it’s a prime spot to consider taking profits . If you've been wondering when and why to lock in some gains, the price action suggests this could be an ideal opportunity. While shorting opportunities may present themselves, it will take time for the price action to develop and show signs of a potential downturn. The last time we saw a Lower Low on the Weekly chart was back in September 2022. So, jumping into a short position right now could be extremely risky. Even on the Daily chart, higher lows have been forming consistently. To sum it up: this is not an area to short but rather an interesting zone to watch for future developments. If you’re uncertain, this could be a perfect point to take partial or full profits. A Quick Overview of the Criteria: Channel Projection – You may have heard that prices move within channels. Right now, we’re trying to predict the upper trendline of the channel as the price takes shape. Start by drawing the lower trendline, from wick to wick (or body to body). I’ve drawn mine using the wicks, marked with a red circle. Then, copy and paste it to the highest peak between the lower points. This gives us the channel projection. Feel free to try this on other charts and share your results in the comments! Equal Waves – I call this method "equal waves," though others may have a different term for it. The idea is to measure major price swings. In this case, the first major swing was from near all-time lows to the 2011 high. After the correction, the second swing started in December 2015. Copy and paste the length of the first swing, and you’ll see it matches closely with the parallel channel’s projection. Together, these two criteria have worked well for me to identify both buying and profit-taking zones. For example, I’ve applied them successfully to stocks like MMM , AMD , and NVIDIA . Summary: Gold (XAUUSD) has hit new all-time highs in six of the last seven months, breaking the $2000 level after years of attempts. Now, the price has reached an interesting zone for profit-taking rather than shorting. Two key technical analysis criteria—channel projection and equal waves—suggest it’s a strong area to consider locking in gains. However, it’s too early to consider shorting, as no clear signs of a downturn have appeared yet.
FOREXCOM:XAUUSD
by VaidoVeek
9.25 Gold short-term operation analysis strategyIn the early Asian session on Wednesday (September 25), spot gold fluctuated in a narrow range near its historical high and is currently trading around $2,660.16 per ounce. Gold prices rose by $30 on Tuesday and hit a record high of $2,664, continuing the recent rally. The daily line closed with a big positive, with basically no leads. In addition to the tensions in the Middle East that have enhanced the safe-haven appeal of gold, the US consumer confidence index has recorded the largest drop in three years, and concerns about the labor market are growing. Market expectations for the Federal Reserve to cut interest rates by 50 basis points in November have increased, and the US dollar index has recorded the largest single-day drop in nearly a month, which also provides momentum for gold prices to rise. Gold is undoubtedly strong at present, whether from a short-term or long-term perspective, especially in the 4-hour period, which basically starts to rise as soon as it steps back on the moving average, and there is basically no retracement. Although gold is undoubtedly strong, this round of gold has risen by nearly 200 points in just two weeks, so the risks of peaking and retracement that I have been emphasizing in my previous articles are needed. Of course, we have no idea where the top is. We all have guessed the top, but the current price is already in danger. When it reaches our position, we can still participate in short orders. Detailed intraday operation strategy: Short at 2665, defense at 2670, target 2650-2640 Long at 2635, defense at 2628, target 2650-2660
TVC:GOLDShort
by David_strategy
2
9.24 Gold Short-term Operation StrategyYesterday, the gold market opened at 2621.6 in the morning, then the market rose slightly to 2131.6, and then the market fell rapidly. The daily line reached a low of 2613, then the market rose, and the daily line reached a historical high of 2635.2, and then the market consolidated. The daily line finally closed at 2628.2, and the daily line closed with a spindle pattern with equal upper and lower shadows. After such a pattern ended, today's market still has bullish demand. In terms of points, the long positions of 1996 and 2028 below are followed by stop loss at 2350. After the long positions of 2601 were reduced last Friday, the stop loss was followed by 2601. Today's market operation: 2615 long stop loss 2609, target 2635 2640 short stop loss 2645 target 2620
TVC:GOLD
by David_strategy
1
9.24 Technical Analysis of Gold Short-term OperationsThe bullish market sentiment after the Fed's rate cut last week and geopolitical tensions pushed up gold prices. Gold hit a new record high yesterday, reaching 2634, and then began to fall slightly, closing the daily line with a small positive. However, the US dollar index stabilized and rebounded, and Ukrainian President Zelensky said that the Russian-Ukrainian war was "close to the end". Everyone still needs to beware of the risk of a short-term correction in gold prices. Gold hit a new high again, and the high point was constantly refreshed, from 2500 to 2634. In the short term, it is still dominated by a bullish trend. The weekly level broke through strongly last week. The current market is running on the upper track of the long-term channel. At present, it is necessary to focus on the support near 2600. The gains and losses of this position are related to the trend guidance of gold bulls and bears. If this position is broken, gold is likely to have a large retracement. It is still expected to fluctuate during the day. In the short term, if gold wants to completely get out of the strong pattern, it still needs time to exchange space. I have repeatedly emphasized that the current point chasing long profits and risks are not proportional. The operation is around the 2600-2635 range during the day. Detailed intraday operation strategy: Short gold at current price 2633, defense 2638, target 2620-2600 Long gold at 2600, defense 2594, target 2610-262
TVC:GOLD
by David_strategy
ATH XAU ! 2638 and adjusted DOWN⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold (XAU/USD) hit a record high on Monday, driven by a weaker US Dollar and expectations of deeper Federal Reserve rate cuts. Geopolitical tensions in the Middle East are also boosting demand for safe-haven assets like gold. Traders are watching the US Purchasing Managers Index (PMI) data, due later Monday. A stronger-than-expected result could strengthen the USD, potentially pressuring Gold prices. ⭐️ Personal comments NOVA: Buying pressure is still strong - wait for new ATH areas: 2638 then steadily reduce liquidity below ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2603 - $2601 SL $2596 TP1: $2610 TP2: $2620 TP3: $2630 🔥SELL GOLD zone: $2638 - $2640 SL $2645 TP1: $2630 TP2: $2615 TP3: $2602 ⭐️ 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:XAUUSDShort
by Nova-Scalper
8
Gold short-term operation strategyThe four-hour lifeline, the hourly double-line upper track, the acceleration starting point, the top and bottom conversion position, and the position along the channel line are superimposed at 2584-2590, which is used as a support area for sweeping. The price squats and steps back to determine the support, or look at the upward movement The Asian session breaks the high, the European session breaks the low, and the sprint action needs to be handed over to the US session Pay attention to 2612-2610 in the European session, pay attention to 2622 upwards, and then look at 2630-2632
TVC:GOLDLong
by David_strategy
How to Adapt Your Trading Plan to Any Market ConditionDaily Trendline Break and Market Structure The break of the daily trendline suggests potential bearish momentum. However, as the break appears corrective, we must be cautious about interpreting it as a reversal too early. As described in the Trinity Rule, it’s crucial to evaluate whether price is moving impulsively or correctively before deciding​​. The market could be forming an arcing structure, which traps traders on the wrong side before reversing, as mentioned in Pattern Separation​. This aligns with the idea that the market may retest the trendline or break structure in the opposite direction after a fake-out. Lower Timeframe Ascending Channel There is an ascending channel on the lower timeframes, which typically signals continuation of the bullish trend unless there’s a strong breakout to the downside​. This is where the Multi-Touch Confirmation comes in; if we get a third touch on this channel without a break, it could present a strong reversal signal​. However, if the price decisively breaks the ascending channel with strong momentum, the next step would be to look for a flag or corrective structure for an entry into the bearish continuation, as highlighted in Running Channels​. High-Probability Trade Setup Impulse and Correction: As per Entry Types​, a high-probability trade should be executed after the first impulse following a correction. If the price breaks out of the ascending channel, wait for a correction (such as a flag) before entering a short position. You may look for a third touch confirmation to enhance the probability of success​. Risk Management: Don’t rush the entry based solely on the trendline break. Ensure the structure evolves, showing a confirmed breakout, especially on higher timeframes​​. Manage your stop loss based on market structure rather than arbitrary levels. For instance, if the market presents an impulsive move after breaking the channel, your stop could be above the last lower high​. Market Structure and Valid Trades Evolve Structure: Continuously update your structure by considering the most recent touches. This avoids getting caught in outdated setups​. Where Are We in Structure?: Evaluate whether the price is impulsively breaking key levels or showing corrective behavior. If momentum is lacking after the trendline break, the bearish setup may not play out​​. Trade Scenarios Bearish Scenario (Short Setup): Price Breaks the Ascending Channel: If the price breaks with momentum, look for a retest or flag formation to enter short​. Manage Your Position: As the Rule of Three suggests, avoid perfectionism. If the market forms a strong flag or corrective structure, trust the process and adjust your stop as the trade moves in your favor​. Bullish Scenario (Long Setup) : Price Fails to Break the Channel: If the market respects the ascending channel, this could indicate a continuation of the bullish trend. You could enter long after the third touch confirmation or a clear rejection of lower levels​​. Multi-Touch Confirmation: This will be a key factor if the market holds within the channel​. Key Considerations Impulse and Confirmation: Be patient for the first impulse and correction before committing to a trade​​. Stay Neutral: Use running channels and the overall structure to keep a neutral mindset until the market gives a clear signal​. Avoid Perfectionism: Don’t hesitate or wait for the “perfect” setup if multiple confluences align. Stick to your pre-trade checklist to avoid overanalyzing​​.
OANDA:XAUUSDEducation
by Adlercon333
New ATH XAU above 2630 next week✍️ NOVA hello everyone, Let's comment on gold price next week from 9/23 - 9/27/2024 🔥 World situation: Gold prices surged past $2,600 to a new record high, fueled by expectations of further rate cuts from the Federal Reserve (Fed) and rising tensions between Israel and Hezbollah. XAU/USD is trading at $2,621, up 1.37%. Risk aversion is evident as Wall Street's major indices posted slight losses. Fed Governor Christopher Waller supported a 50-basis-point rate cut, expecting low August PCE inflation data. 🔥 Identify: FOMO to create new ATH for XAU is still very large - continue to expect higher price zones next week, before the market corrects again. New ATH target: 2643-2665 🔥 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: $2638, $2650, 2665 Support : $2584, $2558, 2529 🔥 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:XAUUSDShort
by Nova-Scalper
1
9.23 Gold Short-term Operation Analysis StrategyGold's daily and weekly lines are both up, setting new highs. Gold once again stood firmly on the 2600 line. The daily and weekly lines closed directly with big positive lines, with basically no leads. Judging from the current trend, gold will continue to rise in the long run, and the technical forms are undoubtedly strong. There are currently a lot of short-term supports below, 2610-2600 in the short term, and the upper short-term suppression is at 2635. No one can predict where the final high point will be. As gold repeatedly breaks through new highs and madly refreshes historical highs, new highs also hide the risk of falling back. Intraday operation strategy: Short at 2635, defend at 2641, target 2620-2600 Buy at 2605, defend at 2600, target 2620-2630
TVC:GOLDLong
by David_strategy
3
OfficialKieranTrewick | XAUUSD 2HR Analysis | 3000? All time high crazy! Charting new territory the precious metal is at it again, starting the week with a suitable correction down to the previous 25% quarter level and dynamic support whilst creating a fresh higher low before the latter week ascent that broke through the 3 day resistance pivot level and into the 2600s where it just continued pushing until market close on friday evening. Whilst it just undercut the new 75% quarter level because of the close I can see that price slowed down upon reaching the dynamic resistance level and quarter level of 2525 indicating that we could see another correction down to 25% and the key pivot zone identified which aligns with both dynamic support lines before continuing its ascent into the upper 2600s. Due to the recent bullish momentum it is important that we follow price and trade with the confirmations that are created not chase what we want to happen, basically meaning price can still go up before any correction happens and analysis is a footprint to possibility not something to be traded based on but something to be used as a toolbelt essentially giving us a list of confirmations that can increase the probability of a trade that of which can always change. If you like this idea please drop a like and share it with your friends so they too can be in the loop with golds potential movements in the coming week. Analysis Conducted by OfficialKieranTrewick
OANDA:XAUUSDLong
by OfficialKieranTrewick
Golden Outlook: Key Trends to Watch in the Week AheadFrom a technical standpoint, things are straightforward: both the broader market and shorter timeframes reflect a bullish trend. This alone provides a foundation for crafting a solid strategy. Key approaches could involve either capitalizing on false breakouts or bounces from key support levels, or alternatively, riding the momentum when resistance gives way, signaling continuation. However, it's not all smooth sailing. There are fundamental hurdles on the horizon, notably the upcoming GDP report and a crucial speech from Fed Chair Jerome Powell. These events have the potential to stir up market volatility as traders anticipate potential shifts in economic policy and performance. Given this backdrop, it's likely that gold will persist in its upward trajectory. Yet, we can't discount the possibility of pullbacks or market shakeouts, especially if traders decide to lock in profits after the recent rally, or as a defensive move ahead of next week's U.S. macroeconomic data and Powell’s remarks. Recommendation: A. Avoid attempting to predict trend reversals. First, you'll never be able to pinpoint these zones with certainty. Second, by the time you do, your performance may suffer, leading to unnecessary stop-loss hits. Instead, focus on identifying robust levels and trading within the prevailing trend. Traders, if you found this idea helpful or have your own insights to share, feel free to drop a comment. I’d love to hear your thoughts!
OANDA:XAUUSD
by lonelyPlayer0
EURUSD week 39 analysis🌐Fundamental Analysis EUR/USD faced selling pressure above 1.1150 during North American trading hours on Friday. The major currency pair fell as the US dollar (USD) recovered. The US Dollar Index (DXY), which measures the greenback's value against six major currencies, rebounded sharply to near 101.00 However, the overall outlook for the US dollar remains uncertain, following the Fed's aggressive rate cut and growing market expectations that the US central bank will continue its aggressive policy easing cycle. The Fed cut interest rates by 50 basis points (bps) as policymakers appeared to focus on restoring strength in the labour market as inflation eases to the bank's 2% target. In terms of interest rate guidance, Fed policymakers see the federal funds rate heading towards 4.4% by year-end, according to the latest dot plot. However, traders expect a further 75 bps cut to 4.00%-4.25%, according to the CME FedWatch tool. 🕯Technical Analysis The EURUSD uptrend has seen some minor corrections but the buying pressure remains strong, so the immediate price range the pair faces next week is around 1.222 and 1.112. The highest measured Fibonacci extension of 1.618 will be around 1.126 and a retracement of the strategic support zone of 1.108 will keep the pair from a long slide. 📈📉Trading Signals SELL EURUSD zone 1.126-1.128 Stoploss 1.130 BUY EURUSD zone 1.112-1.110 Stoploss 1.108
by TVS-Trader
2
XAUUSD Quarterly Shift Analysis - ICTAccording to my quarterly shift analysis (Per ICT's teachings), I expect the current up trend of Gold to continue until early November, which aligns with the date of the USA Presidential elections. By November 5th of 6th or near these days, I expect XAUUSD to start a new move. It could be a 3-4 month range or a 3-4 month bear move. I vote for the bear move. Disclaimer: This is a long term analysis, do not use this as a signal. Combine it with your own analysis.
PEPPERSTONE:XAUUSD
by DastanKarim
3