Golden Bulls XAUUSD will still go higher and Higher for the 2024 US Elections uncertainities , from the current price of $2353 to $2700
Goldprice
GC Gold triangle and or IHS in makingGold have been forming either a Triangle and or IHS pattern on charts. Gold in worse case scenario can make low between 1890-1928 range and this will be great buying opportunity for long term.
If Gold manger to form any one of the pattern above the ultimate target will be USD2311.
Gold is still long, pointing to 2380 in the short term
Gold's short-term rise has slowed down, but it's still bullish. Remember, when it's strong, high corrections are not weakness, but consolidation and gathering momentum. Yesterday's trend also confirmed this. Yesterday, it broke through a new high and rose again. Although the US market fell back, it did not fall below yesterday's early trading point. This is a typical strong market, with the lows still moving up and the highs moving up. Therefore, in terms of operation, it is still only long but not short.
Operation plan for the day:
Directly long near 2350, stop loss 2340, target 2370-2380.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
If you are confused, then we will just follow the trend PEPPERSTONE:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD
Through the analysis of the golden hour chart, we know that gold broke through a new high as expected and reached the upper line of 2365. We can see from the chart that the short-term adjustment has ended in the strong zone and there will be further upward breakthroughs. The next target level remains unchanged at 2390. In the short term, we do not rule out the impact of data on the fallback and adjustments. In the short term, we focus on the support of the moving average, which is also the high support level for the previous rebound. In the short term, we will continue to focus on going long on dips.
Specific suggestions are as follows:
Gold 2351 and 2341 are long respectively, the stop loss is 7 US dollars each, and the take profit is 30 US dollars each.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
Gold’s bullish sentiment is too strong, you need to be cautious PYTH:XAUUSD FXOPEN:XAUUSD OANDA:XAUUSD PEPPERSTONE:XAUUSD
In fact, gold's fluctuations were quite severe yesterday. It opened lower, stabilized, rose sharply, and finally consolidated. The daily line recorded a positive column with a long upper and lower shadow line, and the price stabilized above the upper Bollinger Band. The periodic moving average maintains an upward trend, combined with the K line, short-term indicators also maintain an upward trend, and the potential energy has slowed down. The daily line is bullish and it is not advisable to chase the rise, especially at the current high.
Judging from the two-hour chart, the current price is running between above the moving averages of each period and below the Bollinger Band upper limit. The moving averages in each period maintain an upward trend, which is beneficial to the bulls. However, short-term indicators initially crossed downward, with a green energy column emerging. The K-line trend forms a divergent trend. The first appearance of the green energy column does not mean the end of the rebound, but it has certain reference significance for local adjustments and callbacks. It also shows the necessity and signs of a correction on the two-hour chart.
There is no doubt about the overall upward trend of gold. The idea of being bullish on gold in the long term has not changed, but this does not mean that we must chase the long position at any time. And, that doesn't mean we go long when it pulls back. Maybe that comeback will come fast and furious. , so that you are no longer afraid of longs, so we expect that gold prices will usher in a wave of adjustments.
Unlike the previous times, after gold prices broke through and hit record highs again and again, I don't think there will be a decent adjustment in the future. I am firmly on trend and following the bullish trend. If it pulls back decisively, the bullish trend continues. The actual trend is just as I expected.
Therefore, after the gold price hits a new high of $2,353, there is still room for further growth, but it is unlikely to continue or break upward. Coupled with the current surge in bullish sentiment, crowds are pouring into the market and the market has followed suit. It is obviously unreasonable to choose to chase long at this time.
Today, Tuesday, market news is light. Beware that all good news can turn into bad news. Avoid high prices before pursuing long-term risk. Personally I would choose to stay below $2353 and watch for a pullback. Even if a high is achieved today, it will not form a breakthrough. Then the expectation of callback adjustment still remains. A phased correction can be seen towards the $2,300 mark. It is expected that there is still some room for extension below this level.
Hello traders, if you have better ideas and suggestions, welcome to leave a message below, I will be very happy
Hindsight. Gold, 3MosIt's obviously easy looking backwards. Using 3mos trend and longterm cycles, customized macd. Lowest risk with best reward.
It's probably what the smart money is using anyway.
Trend is 45 degrees, so you dont need re-tests.
The Golden Week review ideas are in place at once, the US market
Gold bulls have been continuing to exert their strength. Today, it weakened and fell to test 2305 and quickly rose. It rose all the way to the 2354 line. It really achieved our goal in one go. Our weekend layout is long and bullish, which is completely in line with my expectations. , as long as you buy this market early, basically everyone can make a profit. Gold has given us a satisfactory answer. Today we continue to be bullish.
For adjustments in the U.S. market, focus on the support point of 2316. For upward trends, just look at 2355. If the market is strong, it is very possible for the U.S. market to directly break through. Considering that gold has pulled up and broken through today, as long as the U.S. market can stabilize its high level and fluctuate, Remember that in this kind of market, we have to wait for the opportunity to enter the market. If the market does not give it, we would rather wait and see.
US gold retreats and goes long near 2316
Traders, if you like this idea or have your own opinion about it, please write it in the comments. I will be happy OANDA:XAUUSD FXOPEN:XAUUSD PYTH:XAUUSD
Gold still hasn’t peaked, what about next week?Last week, gold continued to rise on Monday, Tuesday, and Wednesday, constantly setting new highs, soaring by dozens of points every day. Only on Thursday did gold press the pause button, and the market was counting on Friday's non-agricultural data to repair gold's upside. . Things are not going as expected.
Although non-agricultural data and unemployment benefits data are negative for gold, gold has also fallen a bit, and there is room for $16 overall. However, in the face of the bull trend, a drop of more than a dozen points cannot change the absolute strength. Don't blindly guess the top before there is a clear top. The lower support is at 2280 and 2245. The early double top 2305 is also an important support.
Pay attention to the gains and losses of these three points next week. If it falls back downwards, wait until it falls below 2280 before looking at the larger adjustment space. Otherwise, do not watch the deep decline.
Gold has been making profits this week, and gold's non-agricultural data on Friday disrupted the profit rhythm. Trading is like this, and it is impossible to be 100% profitable. Next week’s trading is about to begin, are you ready?
GOLD - Only long positions ✅Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a strong bullish market structure from daily timeframe perspective, so I look only for longs. My point of interest is if price makes a retracement and fills the imbalance then look for a rejection from support zone around 2200.
Fundamental news: Next week on Wednesday we have monthly and yearly CPI on USD and on Thursday monthly PPI, news with high impact on currency.
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XAUUSDCurrent global volatility is increasing, and the gold market is breaking all its past record highs, so we think gold will go higher every day, maybe even above 2400 or 2500.
XAUUSD (GOLD) Analysis I Pullback and more growthWelcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
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Extension Bull Fibs on Gold show 2250 Target In ReachGold: 60 Minute, Fibonacci . . . I have much better bearing as to where and why this market is moving. All Month of March we have been trading an extension at the 38.2% line. We hit it's target on March 20th. Extension rules generally mean we trade the same anchor to new highs to get the retracement. We traded the retracement on March 23-24 and have been going up ever since. The objective for this new anchor is still higher, 2254.30.
Has gold peaked? Look below 2250Gold has peaked, prepare to fall
Gold's rise was weak, and it once reached around 2300, but it clearly felt that it could not rise, that is, there was no strength, and the big negative line went straight down, forming a bearish engulfing pattern.
The continuous big negative line engulfed Yangdian's real body, and it also closed the upper shadow line, and the moving average showed a clear downward bend. The negative line real body broke through the moving average again, and the K line is getting closer and closer to the rhythm of the moving average. Be prepared to fall, and there is support below. around 2250
GOLD: Possible Downtrend to continue till $2180! Gold created a record HH and it is very likely price is likely to remain extremely bullish in upcoming days. Now, in our price can drop around 2180$ a perfect time for correction to occur, if price do not respect our entry and make it invalid then it would be tough to find a accurate entry to either buy or sell.
Get in on the Gold Rally as China and India Horde Supply!As many of you may know, China and India have been hoarding gold supply, causing a surge in demand and driving up prices. This is a clear sign that now is the perfect time to invest in gold and take advantage of this rally!
Gold has always been a safe haven asset, especially during times of economic uncertainty. With the global economy facing challenges from the ongoing pandemic and geopolitical tensions, gold is a smart investment choice to protect your wealth and diversify your portfolio.
So, don't miss out on this golden opportunity to capitalize on the current gold rally. Take action now and invest in gold to secure your financial future.
Let's ride the wave of this gold rally together and see our investments grow!
Gold cashed 2300 points as expected, who else said that?We have previously predicted that gold will definitely reach 2300 points this week. We have been long all the way, long at 2249, long at 2250, long at 2256, long at 2272. All K-lines have taken profits at 2300 points, and they have accurately reached 2300 points. , is there any other person on this platform who is as accurate as this?
The golden four-hour lines are all big positive lines, all going up, without any sign of falling. The big positive lines are all over the roof, going directly to the 100th floor. The continuous big positive lines are real, directly swallowing up the rise, and the bottom shape is more consolidated. The macd energy column has not declined at all, it has stabilized strongly on the zero axis, and it is still gradually increasing, with no ceiling, 2287 historic support
Trading strategy: Gold 2288 long, stop loss 2280, target 2350
The above is purely personal investment sharing and does not constitute an actual entry point. You are responsible for your profits and losses.
Gold approaches all-time highsIn the previous post on gold, we expressed our fears about the shiny metal amid a sudden spike in volatility and a slight drop in the U.S. market indices (accompanying the spike in VIX). Nevertheless, it did not take long for the volatility to falter and the fear to disappear among market participants. Quickly, the market leaped higher, and gold followed in tandem, breaking above $2,100. The overall picture improved at a fast pace, and now, gold trades merely $20 away from its all-time highs. However, as stocks and cryptocurrencies are reaching the euphoria phase, the case for a significant pullback in the two markets is growing, which could (temporarily) negatively affect gold’s performance; in our opinion, the stock market weakness is one of the biggest potential foes to gold going forward. Yet, this does not change our view of the big picture. We remain highly bullish on gold in the long term and maintain the price target of $2,300.
Illustration 1.01
Volume increases alongside the price, which is normally a positive development.
Technical analysis
Daily timeframe = Bullish
Weekly timeframe = Bullish
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade.
Gold’s trend flips the roof off, reaching 2300Today's target for gold is very clear. We saw it was near 2300, which has now been reached. Our long order is near 2270, which is currently up 30 points.
The rise in gold has lifted the roof. For those who still hold long gold orders, they can take profits. As for the future trend of gold, I personally think that it will attack upward.
But for the trading plan, take profit was chosen. Trading is trading, and there should be a strict plan, otherwise profits will easily take a roller coaster ride.
Next, I will continue to share my personal trading ideas every day. You can follow me. I hope my trading ideas will be helpful to you.
GOLD $XAUUSD - Mar. 25th, 2024GOLD OANDA:XAUUSD - Mar. 25th, 2024
Weekly: Bullish
Daily: Bullish
4H: Bullish
BUY/LONG ZONE (GREEN): $2186.000 - $2280.000
DO NOT TRADE/DNT ZONE (WHITE): $2155.000 - $2186.000
SELL/SHORT ZONE (RED): $2072.000 - $2155.000
OANDA:XAUUSD had strong bullish momentum after breaking out of a previous range and is currently developing a new range at the top of the newly hit all-time highs. Looking to follow price to a further push up as that would be following momentum and trend direction, but there is also the chance of a breakdown into a bearish trend. There is zones shown for each direction as what I would use as safe entry points.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Above 2260, gold will continue its bullish patternDear friends, gold hit its highest level near 2288 and then fell back. It is currently trading near 2271. Gold is currently showing an irrational market. On the one hand, due to the expansion of the situation in the Middle East and the conflict between Russia and Ukraine, safe-haven assets have been rushing into the market. On the other hand, silver and oil have made up for the rise, boosting the upward trend of gold.
Judging from the current gold trend pattern, gold breaks through new highs each time, then pulls back to determine support, and then climbs upward again to set a new high. In other words, during the rise, it is accompanied by a correction of sweeping space. However, according to the current trend,gold remains on a strong upward trend.
For current trading, due to the irrational market, technical analysis is lagging behind, and market sense and flexibility have become the most important. At present, for gold, I think there are profit opportunities for long gold or short gold. The key is to grasp the trading rhythm. First, the current short-term support is located in the 2268-2266 area, and secondly, it is located in the 2260-2258 area. Therefore, in short-term trading, we can do long gold in batches around these two areas. The top currently reaches the highest level near 2288, and is facing psychological pressure at the 2300 integer mark. Therefore, in the short term, we can short gold in batches in the 2290-2300 area and make mid- and long-term plans.
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XAUUSD TARGET SMASHED SUCCESSFULLYThis trade took less than 2 hours.
LDN session is over before it even begun..
140 pips bagged successfully.
