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Gold SellAs we were watching gold very closely and it has broken down its bullish channel and also its global Resistance became Support lately now it has become support become resistance , we have also exprienced heavy news day today and seems like gold has decided it direction as we have seen a Bearish Momentum candle which has broken the support below now we are waiting for a proper price action as retest is almost complete over gold and we will be Bearish again for next week in gold so fingers crossed lets wait and watch
OANDA:XAUUSDShort
by Wakeel_Saab
1
8.15 Gold Trend AnalysisThe newly released industrial unemployment claims and retail sales did not meet expectations, which led to a significant negative impact on gold. Gold fell from 2469 to 2450 in an instant. This also happened to apply the short-selling stop-profit signal I sent in the group to be set at 2450. In the data released in the past two days, gold has been mainly shorted, which also happened to be in line with the predictions of me and my team In the future, I will also release the latest news every day. I hope everyone will pay more attention to the comments I wish everyone can make their own profits in the market If you have order losses and are not familiar with the market, please pay attention to me
TVC:GOLD
by David_strategy
Thursday's profit signals and strategies #xauusd Today is Thursday, August 15, 2024. Gold has insufficient upward momentum after the release of yesterday's CPI data. It fell from 2480 to 2438. Combined with Monday's gold rise from 2423 to 2477. The fluctuations in the past few days are huge. Today we still adopt segmented trading. Buy and sell at specific prices. There are considerable profits. Sell gold: #xauusd sell1 2456-2452 sell2 2464-2468 sell3 2480-2484 Buy gold buy1 2433-2438 buy2 2420-2424 buy3 2408-2412 Combined with the chart. When the price reaches a specific area. We can try to trade and make a profit. Note: Two red areas are marked in the figure. If the price breaks through the area, we should trade with a light position. And the price of gold will have greater momentum. If you make a profit according to my trading price. Or my trading analysis is helpful to you, please like me and join me. I wish you all a smooth trading
FX:XAUUSD
by MaudEvans
CPI - Can Gold Price Surpass ATH?⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) faced fresh selling after a brief rise to the $2,472-2,473 area during the Asian session and fell for the second consecutive day on Wednesday. A positive mood in the equity markets is drawing investors away from the safe-haven metal. Additionally, some traders are adjusting positions ahead of the key US consumer inflation data, set to be released later today. However, concerns about a broader Middle East conflict and expectations of a dovish Federal Reserve (Fed) should help limit further losses. Tuesday's data indicated that inflation is slowing, increasing the likelihood of deeper Fed rate cuts, which keeps the US Dollar (USD) near a one-week low and could provide some support to gold, making aggressive bearish moves risky. ⭐️ Personal comments NOVA: Need to surpass ATH 2482, Gold price needs to create more liquidity, needs an adjustment period to continue increasing. CPI today, experts' expectations for Gold to decrease more ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2441 - $2439 SL $2434 TP1: $2455 TP2: $2470 TP3: $2485 🔥SELL GOLD zone: $2485 - $2487 SL $2490 scalping TP1: $2480 TP2: $2470 TP3: $2460 🔥SELL GOLD zone: $2500 - $2502 SL $2507 TP1: $2490 TP2: $2480 TP3: $2470 ⭐️ 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
XAU/USD 15 August 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. As per previous intraday expectation, price was approaching internal high, however, due to US CPI data, and traders trimming rate-cut bets due to US CPI data, price had a bearish reaction, nonetheless, bullish structure remains intact. Intraday expectation: Price to continue to target weak internal high. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation was not met due to US CPI data release and traders trimming rate-cut bets which saw XAU print bearish price action. Price has printed bullish CHoCH to indicate bullish pullback initiation. Price has also reacted at 50% EQ of the internal structure. Intraday expectation: Price to target weak internal low, however, we need to be mindful H4 TF remains bullish. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
4
Analysis of gold market trend on August 15 (Thursday)From a long-term perspective, there is a lot of room for gold to rise! Yesterday's CPI data was lower than expected. Gold was slightly bullish but plummeted 1% from a peak of 2476 to 2437 and closed at 2447. In early trading today, gold fluctuated within a narrow range, with slight signs of recovery compared to yesterday. It is currently fluctuating at 2453. In addition, there are several factors that you must consider! 1 Political situation in the Middle East: Tensions between Iran and Israel may have eased recently, and conflicts between Ukraine and Russia may further intensify. 2 The U.S. interest rate cut in September is a certainty, whether it will be 25% or 50% The motivation for gold’s rise today on the daily chart is a bit lacking Support level 2448 2438 2420 Resistance level 2460 2467 2480
TVC:GOLDLong
by David_strategy
8.14 Gold Market AnalysisThe market trend is well controlled and the market ends perfectly. The CPI annual interest rate report just released is lower than expected, which is a positive for gold. However, gold has fallen sharply, which is beyond the expectations of most people! This also confirms my previous guess that if the resistance point of 2480 is not broken, gold will fall all the way. I will short sell decisively in the later stage and leave the market perfectly. Today's profit is 7000+
TVC:GOLDShort
by David_strategy
Gold Price Analysis. August 2024. Today, gold is trading near the upper boundary of its ascending channel. Traditionally, this level acts as a critical resistance point, and most oscillators would suggest the market is overbought, signaling a potential selling opportunity. However, the situation may be more complex than it appears. Above the current price, two significant levels loom: the historical high and the psychologically important $2,500 per ounce mark. From a market behavior perspective, which often seems designed to lead retail traders astray, it would not be surprising to see a false bullish breakout above these levels. Such a move could trigger FOMO (Fear of Missing Out) buying among investors and force sellers to close their positions via stop-loss orders. This scenario could be exacerbated by a spike in volatility, driven by geopolitical tensions or today’s critical U.S. inflation data (with further significant reports expected tomorrow). Cycle Analysis by Fintechzoom An overlay of active gold price cycles presents a projection line (shown in red), indicating a potential peak on Friday, followed by a downturn. Given this outlook, it would not be surprising if we witness an attempt to breach the historical high within the next 10 days. Gold Price Forecasts Analysts, including those from Commerzbank, suggest that a new record high for gold is likely, as inflation data could provide additional momentum. Strategists at JPMorgan have set a year-end target of $2,500 for gold in 2024.
OANDA:XAUUSDShort
by fintechzoom
Gold price analysis August 14Fundamental Analysis Gold prices attracted some follow-through selling for the second consecutive day on Wednesday and moved further away from the monthly peaks retested earlier this week. A generally positive tone around equity markets dampened demand for the safe-haven precious metal, although geopolitical tensions stemming from ongoing conflicts in the Middle East helped limit losses. In addition, expectations of further rate cuts by the Federal Reserve, bolstered by signs of continued subdued inflation, acted as a catalyst for non-yielding gold prices. Traders also appeared reluctant to place positive bets, preferring to wait for further cues on the Fed’s policy path. As a result, the market’s focus remained on US consumer inflation data. Technical Analysis From a technical perspective, the recent bounce from the 50-day Simple Moving Average (SMA) support and the positive oscillators on the daily chart favor the bullish traders. Therefore, any meaningful decline can still be viewed as a buying opportunity and remains limited. Gold prices appear to be preparing to retest the record high, around the $2,483-2,484 region and target the psychological $2,500 mark. Sustained strength above the latter would mark a fresh breakout through the wider trading range maintained over the past month or so and set the stage for a further near-term upside move. On the downside, the $2,450-2,448 resistance level now looks to protect the immediate downside, below which gold could slide back to the weekly lows around the $2,424-2,423 region touched on Monday. The next relevant support level is anchored near the $2,412-2,410 region ahead of the $2,400 round-figure mark. Canh Sell scalp 2485 - 2487, stoploss 2491 Canh Sell 2500 - 2502, stoploss 2506 Canh Buy scalp 2435 - 2433, stoploss 2429 Canh Buy 2426 - 2424, stoploss 2420
OANDA:XAUUSD
by TVS-Trader
Analysis of gold market trend on August 14The release of CPI will determine whether gold can reach a new historical high, whether it can hit 2500 points or even higher In the early Asian session, gold fluctuated in a narrow range and is currently hovering around 2460 points. According to the 4-hour chart, it is currently going downhill, but the decisive factor will still be the US CPI July quarterly annual rate released at 20:30 Beijing time today If the data is lower than expected, then gold, as the traditional safest safe-haven asset, will have the hope of hitting the historical high. On the contrary, it may fall below 2400 points Before the release of this data, what do you think of gold? Everyone is welcome to actively express your views
TVC:GOLD
by David_strategy
7 Dimension 1:8 RR Sell Idea for GOLD Core Analysis Method Smart Money Concepts 😇 7 Dimension Analysis Time Frame: 15 min 1: Swing Structure: Bearish with CHOCH after taking inducement. The impulsive swing move is finished and now moving towards the decisional OB as a pullback, about to mitigate the decisional POI OB at the initial point of the premier zone. We will take a sell entry using the classic SMC entry model. After the breakout, this is also a CIP area. 2: Pattern 🟢 CHART PATTERNS Reversal: V-shape pattern indicating possible reversal from here and a rectangle pattern is also observed. Shakeout. 🟢 CANDLE PATTERNS Not any significant candle pattern observed except for a tower top. 3: Volume 🟢 A big difference is seen during the impulsive move and the correction move in terms of volume. No buy-side volume indicates another sharp sell move is expected. 4: Momentum RSI 🟢 Fully intact in the bearish zone, taking resistance at the 60 level, indicating another range shift. This impulsive move ended as loud moves, which is a very strong signal for a sell. Also, a Grandfather-Father-Son entry with H4 as GF. 5: Volatility Bollinger Bands 🟢 Very tight contraction just started, indicating a strong squeeze breakout and walking on the band. A headfake also took place right at the upper band, and a BB W pattern is observed. 6: Strength ADX Right now, totally sideways. 7: Rating: ⭐⭐⭐ 50% Probity (because of the decisional OB entry) ✔️ Entry Time Frame: 15M ✅ Entry TF Structure: Bearish CHOCH ☑️ POI: Decisional OB 💡 Decision: Sell limit 🚀 Entry: 2419 ✋ Stop loss: 2429.5 🎯 Take profit: 23.4 😊 Risk to reward Ratio: 1:8 🕛 Expected Duration: 1 day SUMMARY: The analysis indicates a sell position based on Smart Money Concepts methodology, with structure, patterns, volume, momentum, volatility, strength, and sentiment all pointing towards a bearish move.
OANDA:XAUUSDShort
by Optimum369
PPI - Waiting for Gold's new ATH⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) surged over 1% on Monday, driven by safe-haven demand due to concerns about escalating conflicts in the Middle East and Ukraine's unexpected offensive against Russia. Additionally, dovish expectations for the Federal Reserve (Fed) weakened the US Dollar (USD), helping gold move closer to its monthly high during Tuesday's Asian session. However, the positive market sentiment led to some selling pressure on gold in the same session. Bulls appear cautious, waiting for the upcoming US inflation data before making further moves. Despite this, gold remains near the all-time high reached in July and is likely to break out of the short-term range it has held for the past month. ⭐️ Personal comments NOVA: Gold price increased back to the highest resistance zone 2475-2480. There was an adjustment in the Asian and European sessions to expect to create a new ATH this week: over 2500 ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2440 - $2442 SL $2435 TP1: $2455 TP2: $2470 TP3: $2500 🔥SELL GOLD zone: $2518 - $2520 SL $2525 TP1: $2510 TP2: $2500 TP3: $2490 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. Price moves steadily on all 3 EMA lines, Uptrend expected to break ATH ⭐️ 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:XAUUSDLong
by Nova-Scalper
3
8.13 Gold Analysis,Get ready for gold to reach an all-time high and break through 2500 On Monday, gold rose by $40 to a historic high of 2477 points due to tensions in the Middle East, and then fluctuated sideways to 2460 If Iran launches a large-scale military attack on Israel, the price of gold will also rise This week, the release of US CPI data will be a key event in the market. If CPI is lower than expected, the historical high of gold at 2500 will be just around the corner Before the arrival of CPI on Wednesday, gold may fluctuate sideways and will be adjusted downward So everyone should be cautious when entering the market Resistance level 2468 2477 2490 2500 Support level 2455 2445 2410 2400 What do you think of the trend of gold? Welcome everyone to like and comment
TVC:GOLDLong
by David_strategy
Emerging Pattern: Is Gold a Short or Long Opportunity?Good day Traders, Trust your day is off to a great start. Here is my analysis of the gold market. 1. Pattern : emerging bullish butterfly with 1% tolerance. 2. Completion : The pattern is projected to attain completion at point D, which is approximately at 2334.638 on the chart, which is why we are considering short position. 3. PRZ Zone : The potential reversal zone in anticipation of a bullish reversal ranges from 2334.638 to 2261.280. This where we intend to close our short trades 4. Target Levels : The targeted levels are T1 at 2401.823, T2 at 2370.158, and T3 at 2335.314. 5. Entry : I am looking to confirm a break and close below 2452.511 price region downwards, with solid market resistance before entering the sell trade. Why wait for a break and close below 2452.511? The broken H1 supply zone could act as a demand zone thus pushing price upwards. 6. Invalidation : Should there be a break and a close above the H4 supply zone at 2483.74, this would invalidate the setup and the associated trade idea. Please note : Rising tensions in the Middle East can increase demand for gold (thus increasing its price further) as investors seek to protect their capital from potential market volatility. Cheers and happy trading!
OANDA:XAUUSDShort
by Samuel124
Gold Price Advances to Amid Rising Middle East Tension Gold prices have surged to a one-week high, buoyed by a confluence of factors that have ignited investor interest in the safe-haven asset. For the third consecutive day, the precious metal has experienced upward momentum, driven primarily by geopolitical tensions in the Middle East and mounting expectations of interest rate cuts by the Federal Reserve. The escalating conflicts in the Middle East have cast a shadow over global markets, prompting investors to seek refuge in gold. As a traditional safe-haven asset, gold tends to appreciate during periods of heightened uncertainty and geopolitical instability. The ongoing tensions in the region have heightened concerns about potential disruptions to oil supplies and the broader economic implications, thereby bolstering gold's appeal. Simultaneously, growing speculation about a potential pivot by the Federal Reserve towards a more dovish monetary policy stance has also supported gold prices. As economic growth concerns persist, market participants are increasingly betting on interest rate cuts later this year. Lower interest rates typically benefit gold, as they reduce the opportunity cost of holding the non-yielding asset. However, the upside potential for gold prices may be tempered by the overall positive risk sentiment in the market. While geopolitical tensions and rate cut expectations have provided a solid foundation for gold's rally, a generally upbeat market mood could limit gains. Investors are also likely to adopt a cautious stance ahead of the release of crucial US inflation data this week. The inflation figures will provide valuable insights into the trajectory of the US economy and the Federal Reserve's monetary policy path. As the market digests the evolving geopolitical landscape and awaits key economic indicators, gold prices are expected to remain volatile in the near term. While the underlying fundamentals remain supportive, the potential for profit-taking and shifts in investor sentiment could introduce some headwinds. Going forward, the interplay between geopolitical tensions, interest rate expectations, and overall market sentiment will be crucial in determining the direction of gold prices. Traders and investors will be closely monitoring developments in the Middle East, as well as economic data releases, for clues about the metal's future trajectory.
OANDA:XAUUSDLong
by bryandowningqln
2460 WILL PROBABALY HIT IN NEXT WEEK 2460 WILL PROBABALY HIT IN NEXT WEEK As The View Of The Simple Price Action I Can See That Gold Need To Touch 2460 First Before Decide The Further Direction Move. As The Pattern That Has Formed Is A Bullish Trend Pattern (Bullish Pennant) This Pennant Must Breck To the Up side. And After Conformed Pullback maybe A Good Buy Opportunity. But If Price Couldn't Breck The Upper Trendline Gold Will Fall Again Back To 2410 Zone At Least. Will See On Next Week What Will Happen And Fore More LTF Analyze Wait Till Market Move First Next Monday. Also Wait For More Updates On Elliot Wave And Simple And Quick Price Action Analyze
EIGHTCAP:XAUUSDLong
by Mr_Scalper_117