XAU/USD : Upward Movement Expected Before Potential Correction By analyzing the #gold chart on the 4-hour timeframe, we observe that based on the latest analysis from Friday, gold experienced an initial drop but then saw renewed demand, eventually rising to $2393 and closing above this liquidity pool. After that, we saw that with the market opening, gold experienced a significant drop, correcting by over 200 pips to $2369. Now, the price is trading around $2374, and the old LV has been fully filled as expected, with the price making a higher high. First, I expect an upward movement from the price, followed by another correction. The initial growth targets are $2377, $2380, and $2400. After this growth, I will announce the downward targets.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Goldsignals
THE KOG REPORT THE KOG REPORT:
In Last week’s KOG Report we said we would be looking for the price tap into the lower support region marked as bullish above and for the long trade to present itself, which worked a treat. We then said we would be looking into the order region resistance level for the short trade to carry the price back down, which also worked well but although we achieved a huge return on the trades, price used that same 2320 level to hold and give the push up, which we updated traders with. We managed to capture the short and the long before we update the plans and continued to trade upside until NFP.
The NFP report gave 3 levels we were looking to either buy from or sell from, the lower level we suggested we’d get a RIP from tapped and bounced perfectly taking price into the region we had suggested for the long trade. Again, both those who were long and short got the near pip perfect entry and exits on their trades before the market closed.
A blinding week in Camelot not only on Gold but all the other pairs we trade, analyse and Excalibur tracks.
So, what can we expect in the week ahead?
Another jam packed week on the news front but we should start with clean gradual movement. We have some key levels this week 2405-10 being a major hurdle and 2370-75 being a key level for support. We would like to see price attempt that high in the coming session, and if achieved and rejected we feel the move downside into the support region 2380 and below 2370 in extension are on the cards. It’s these support levels that need to hold price up for us to continue the bullish move, if broken below we’ll again be seeing 2350-55 which is where the move started from.
On the flip, if we do start the week with a move downside, we’ll be looking at those support levels to reject, give us the RIP for the trade upside to clear that liquidity before then assessing the PA above 2400 to establish whether we can see higher or not. It’s a simple one with two plans, up first and we’ll look to short it, down first, and unless broken we’ll look to long it. If we get that long from below and break above that 2310 region, we would suggest traders hold long trades for further advances looking at least towards the 2450-55 region.
Our view still remains with caution on the upside movement, so please play this carefully, we’re still within this sideways movement and accumulating on a large scale, that’s all. It needs to confirm the move to go at target the all time highs and at the moment it could just be another range high before a big swoop towards the range low. We’ll trade it how we see it, level to level and continue to stay the right side of it. Monthly however, suggesting higher at the moment, so lets see.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD Has confirmed a new Bullish Leg towards SeptemberGold (XAUUSD) held the 1D MA100 (red trend-line) clear and last week make a strong 1W green reversal candle. The 1D MA100 is the metal's most crucial long-term Support and the last two times it made contact with (February 12 2024 and November 13 2023), new Higher Highs where made.
Right now the price is coming out a consolidation (blue Rectangle) similar to the one that ended on February 12 2024 and was a Higher Low on the (dashed) Channel Up. The minimum % rise of a Bullish Leg within the long-term (blue) Channel Up has been +15.26%.
As a result, as long as the 1D MA100 keeps supporting, we will be bullish, targeting 2600 (a little below the +15.26% mark).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
XAUUSD H4 - Sell Signal $2900/ozXAUUSD H4
On Friday, XAUUSD experienced significant movement, as those actively trading the markets would have observed. After a sharp drop, it rebounded aggressively and continued to rise throughout the day. The area around $2390-$2395/oz is a major resistance zone.
This resistance level presents an opportunity for potential short positions, whether today or later this week, depending on market conditions. Alerts are set for this key resistance price, allowing us to wait patiently for the notification to trigger. We will be looking for an intraday opportunity today for the $10,000 challenge if we can't see this swing opportunity unfold today.
XAUUSD ( BREAKOUT RESISTANCE TRENDLINE ) ( 4H )XAUUSD
HELLO TRADERS
Tendency active bullish after the price breakout the resistance trendline
TURNING LEVEL : a blue line between resistance and support level around 2,342$, indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a green line around 2,378$ , indicates selling have already increase this level , so if the price stable turning level reach this level
SUPPORT LEVEL : there is a red line below turning level around 2,317$ , indicates buying have already increase this level , so if the price breaking turning level reach this level
PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 2,342$ , after rising to the resistance level around 2,378 , then stable above this level reach 2,396$ ,
if the price breaking turning level reach a support level at 2,317$ , then stable by open 4h candle below this level reach a 2,302$
TARGET LEVEL :
RESISTANCE LEVEL : 2,378$ , 2,396$
SUPPORT LEVEL : 2,317$ , 2,302$
GOLD (XAUUSD): Accumulation is Over!
Gold was consolidating within a range on a daily since the end of May.
The release of the Friday's fundamentals made the market very bullish
and the price successfully violated the upper boundary of the range.
Such a violation opens a potential for a further bullish continuation.
Next resistance - 2425
❤️Please, support my work with like, thank you!❤️
Gold Analysis==>Falling ScenarioGold is moving in the Resistance zone($2,373-$2,354) and Ascending channel .
According to the theory of Elliott waves , it seems that Gold has succeeded in completing the Zigzag correction(ABC/5-3-5) .
I expect Gold to attack the Support zone($2,338-$2,318) in the coming hours after breaking the lower line of the ascending channel .
Note: If Gold can break the Resistance zone($2,373-$2,354), scenario will be changed.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold Analysis Ahead of NFP Report: Will it Fall ? (READ CAPTION)By analyzing the gold chart on the 4-hour timeframe, we observe that the price is trading around $2364 and is close to the supply zone of $2369 to $2387. Today, we have the NFP report being released, and if the actual figures exceed the forecasted numbers, we are likely to see the dollar index strengthen, leading to a potential drop in gold prices. In case of a decline, the potential targets would be $2350, $2342, $2337, and $2318, respectively.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
#xauusd July 4th Trading Strategy
#xauusd Today is July 4th, and I bring you accurate and perfect profit signals every day. It has been three consecutive days that everyone has made huge profits.
Currently, gold is fluctuating between 2350-2365, so it should be within the range today.
Today's activity range of gold is between 2327-2382. So we have another buying area and selling area.
1/Buying range
Buy 2341--2345 (this price will be more suitable for scalping. Profit 40pips or more)
Buy 2331-2334 sl2371 (no more selling after breaking through this price)
2/2 Selling area
Continue yesterday's trading signal. If you hold an order for 2362-2365. You can continue as planned. Of course you can win profits at the right price
sell 2360-2365 (near sl2369.5-2371, there is a resistance point here. We can observe)
2377-2382 (a reasonable price to sell. If it exceeds this price, it is no longer suitable to sell)
I will update my analysis almost every day. If you like it, please like it and join me. Thank you.
GOLD → Trade Analysis | SELL SetupYou can expect a reaction in the direction of selling from the specified resistance zone
GOLD moving higher as it tests the strong resistance level..
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
XAU/USD : More Bullish Move Ahead ? (READ THE CAPTION)By analyzing the #Gold chart in the 4-hour time frame, we can see that the price finally started to rise according to the main analysis, hitting targets of $2340 and $2346. Gold is currently trading in the $2348.5 range. If it continues to rise according to the analysis, the next targets will be $2355 and $2360. The key supply zone for a sell position is between $2355 and $2369. Be sure to monitor the price reaction to this zone closely!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GOLD ( UNDER EFFECT NEWS ) ( 4H ) XAUUSD
HELLO TRADERS
Tendency the price breakout resistance trendline , indicates the price is under bullish at 2,337 $
RESISTANCE LEVEL: there is a blue line around 2,365$ , indicates selling have already increase this level .
SUPPORT LEVEL : there is a red line around 2,337$ , indicates buying have already increase this level .
PRICE MOVEMNET : the price between support level and resistance level , in my opinion after the price breakout the resistance trendline price stabilizing bullish , so the price retest a support level at 2,337$ , after rising to resistance level at 2,365$ , then stabilizing this level reach 2,386$ .
if the price breaking support level by open 4h candle below 2,337 $ easily to reach 2,320 $ .
TARGET LEVEL :
RESISTANCE LEVEL : 2,365$ , 2,386 $
SUPPORT LEVEL : 2,337$ , 2,320 $
XAUUSD the range of death!!!good morning gold gang ill be very brief here!
price is stuck in the range awaiting NFP with baited breath. I want to wait for a break out of either side before taking trades unless with get a clear opportunity
4h closures outside would be ideal! wait for the pull back and go ... need to see!
T
XAUUSD ( UPWARD ) ( 4H )XAUUSD
HELLO TRADESRS
Tendency the price will trying to touch turning level before long , indicates a price is under bullish pressure .
TURNING LEVEL : a gold rectangular between resistance and support level , a round 2,317$ , which indicates two cases , the first cases until the price breaking this level reach a support level , the second case the price trade above this level reach resistance level .
RESISTANCE LEVEL : a green rectangular , an area above the turning level around 2,345 $ , indicates selling have already increase at this level .
SUPPORT LEVEL : a red rectangular , an area below turning level around 2,300 $ , indicates buying have already increase at this level .
PRICE MOVEMENT : the price is under bullish pressure until trade above turning level at 2,317 $ , it will attempt to reach resistance level at 2,330 $ , then trade above this level reach next target at 2,345 $ , if the breaking turning level reach to support level 2,300 $, then stable below this level reach next target 2,278 $ .
TARGET LEVEL :
RESISTANCE LEVEL : 2,330 $ , 2,345 $
SUPPORT LEVEL : 2,300 $ , 2,278 $
GOLD (XAUUSD): Technical Outlook Ahead of the News
Gold is currently retesting a recently broken trend line on a daily.
On a 4h time frame, we can see that the market is consolidating
and trading within a horizontal range.
I will wait for a bearish breakout of a support of the range
as a strong bearish confirmation.
A 4h candle close below 2318 will confirm the violation.
A bearish continuation will be expected at least to 2300 then.
Alternatively, a bullish breakout of the resistance of the range
may push the prices higher.
❤️Please, support my work with like, thank you!❤️
XAUUSD Closed above 4h trend to BUY !Good evening gold gang hope you are and made some money in an overall rangey day. We took the sells from the 4h zone for 100+ pips in the NY session and that was enough for me. Buys were also good from the bottom of the zone but one and done is enough.
We have closed on the 4h above the trend and showing bullish intension to buy up to the top zone! ill have to re asses in london to determine how im getting in but would prefer the 4h zone at 2339 to be broken first. Lots of clean traffic above which should provide very fast movement up.
sells need 4 hr closure below 2320 in order to confirm inline with the daily trend.
other than that lets have a good session tomorrow as we did today!
follow for updates!
tommy
Gold trading analysis on July 1
#XAUUSD
Hello everyone, today is July 1, 2024. Today is the first trading day of this month. I hope my analysis can bring you some trading profits:
I think today's trading is not difficult. We need to pay attention to the range of 2318-2322. And the range of 2340-2343.
1/Trading within the range can be scalped:
buy2318-2322 tp2327-2332
sell 2336-2340 tp2332-2328
If any of the ranges in this range is broken. I think a new trend will be formed:
I will give you several buy and sell trading signals for reference.
2/Trading outside the range
buy2303-2307 tp2311-2317-2322-2329
sell2349-2352 tp2345-2341-2333
If these price ranges are reached, I think it is very worthwhile to trade.
Of course, there will be non-agricultural and various news releases in the next few days. I will also actively update my thoughts and signals.
XAUUSDHello traders ,what do you think about GOLD ?After reaching the specified resistance level, gold could not cross it. It is expected to fall towards the specified targets after retesting the specified level. If the resistance level is broken, this analysis will be invalid and will be updated again.
If this post was useful to you, do not forget to like and comment.❤️
XAUUSD One last bearish leg left. 1D MA100 calling.Two weeks ago (June 18, see chart below) we made a comparison on Gold's (XAUUSD) 1D chart with the Channel Down of January - February, calling for a final Low on the 1D MA100:
It appears that we are about to complete the final stage of this Bearish Leg (D), and within 5 trading days, make that 1D MA100 contact. However due to the less aggressive nature of the current Leg, we update our Target from 2260 to 2270.
The cyclical sequence of the 4H RSI however, indicates that we may be forming a bottom sideways, using the 4H MA50 (blue trend-line) as a pivot, so if instead the price closes above the top (Lower Highs trend-line) of the Channel Down and enters the upper region of the Rectangle, we will invalidate our 1D MA100 bias.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇