Goldtrade
CTFC Gold Report Reveals Hedge Funds' Gold Rush - Time to Long GThe latest CTFC Gold Report has just been released, and it reveals an astonishing trend that is sure to make your trading instincts tingle with excitement.
Are you ready for it? Well, here it is: Hedge funds are piling into gold like never before! Yes, you read that right! The smart money is flowing into the precious metal, and it's time for us to ride this golden wave together.
This remarkable report showcases a significant increase in hedge funds' positions in gold, indicating a strong and confident sentiment towards this precious metal. These seasoned traders, renowned for their strategic moves, have recognized the immense potential gold holds, and they are positioning themselves accordingly. It's a clear sign that we should pay attention and take advantage of this golden opportunity.
Now, you might be wondering, "Why should I care about hedge funds' interest in gold?" Well, my fellow traders, their actions often set the tone for market trends and can significantly impact the price of gold. By aligning ourselves with their positions, we can position ourselves for potentially lucrative gains.
So, what's the call-to-action here? It's simple: it's time to long gold! With hedge funds leading the way, we have a unique opportunity to ride the momentum and benefit from their extensive research and analysis. By joining them in their gold rush, we can increase our chances of reaping substantial profits.
But remember, success in trading requires careful consideration and strategic planning. Before jumping in, it's crucial to conduct your own research, analyze market conditions, and evaluate your risk tolerance. By doing so, you can make informed decisions and maximize your chances of success.
Don't miss out on this incredible opportunity to ride the wave of hedge funds' interest in gold. The time is now, and we're here to support you every step of the way.
XAUUSD:20/10 Today’s Trading StrategyDuring the Asian trading session on Monday, gold opened at 1964.81 after opening sharply lower at about $15. Last Friday, gold prices closed at 1980.24. However, the rebound in gold prices was blocked after a sharp gap and opened low, hitting a low of 1964.23. Regarding the trend of the gold market, we can see that the price of gold fell significantly in Monday's trading. This decline is related to concerns about the global economic recovery and declining investor demand for safe-haven assets. In addition, the recent uncertainty of the domestic political situation in the United States has also had a certain impact on the trend of gold.
Gold opened lower today and showed a downward trend, stabilizing and fluctuating after hitting $1,964. A small Yang line with an upper shadow line appeared at the daily level, and gold broke through upward for five consecutive days, starting a new upward trend. Gold is looking for support after today's lower open.
From a four-hour perspective, gold is currently running in a strong upward channel. After breaking through the high of $1964 for the first time last Wednesday, gold experienced a correction and subsequently broke through to the high of 1997. The original resistance level was converted into a support level. The starting point below 1950 is also a relatively strong support level. Therefore, in terms of intraday operations, it is recommended to consider placing long orders as the main option during the retracement and short orders as the supplement. At the bottom, we need to pay attention to the support level of 1964-1950. If the stop loss of 1964 breaks downward, then the bottom can continue to increase near 1950. The top needs to pay attention to the break of 1997. If this position is broken, then 2000 will definitely form a short-term support, and it will continue to rise. Break through the 2020 position.
SELL:1982-1984
SL:1889
TP1:1976
TP2:1970
BUY:1964-1966
SL:1960
TP1:1972
TP2:1978
Time for a pullback to 1910 in Gold?Hello traders, in my previous Gold analysis I mentioned that
Gold will certainly reach at least 1985. Back then Gold was at 1955.
So, if you followed my idea, you definitely made 300-400 pips
when Gold reached 1997.
Currently, Gold has pulled back a little from its highs. If the zone
that I have highlighted in my chart continues to hold, then you
can expect a pullback in Gold to 1910. So, watch out for bearish
price action in the 1995 zone and sell with a target of 1910.
GOLD (XAUUSD): Multiple Time Frame Analysis & Trading Plan 🥇
Daily / 4h / 1h time frame analysis for Gold.
Important key levels.
Price action analysis.
Bearish outlook explained.
❤️Please, support this video with like and comment!❤️
finally at his final supporting area, DONT BE LAZY HERE#GOLD... now market is at his one of the most important and final hope for buyers 1965
keep close this area because if market hold it then only case can creat again buying pressure or if market break and clear this area then our most awaiting area is coming 1940 around..
keep close this area and dont short until market hold it..
trade wisely
good luck
💡XAUUSD: Forecast for the beginning of the week❤️ Hello everyone, hope you have a nice weekend
💡 As you know, this Friday, gold had a strong breakthrough when it was about to hit the 2,000 mark. That is completely reasonable in the context of the Middle East region being tense and investors flocked to gold to preserve their assets
💡 However, in a recent note, Fitch Solutions predicted that gold prices will average 1,950 USD/ounce this year. In addition to geopolitical uncertainty, gold is also supported “as fears of another Fed rate hike in 2023 ease.”
📌Trading strategy for tomorrow:
↗️If Gold turns around when it touches the 1974 - 1975 zone, we will buy in 1979 - 1980
↘️ If Gold breaks the 1974 - 1975 zone, we will sell at 1972 - 1970
‼️ Don't forget to setup Stop Loss to be safe ‼️
What are the rules of gold trends?
After gold opened on Monday, as I said last week, the price made a correction. The lowest price was 1963 and the highest price was 1982.7. Combined with the oil pipe price chart, we can see that the trends are consistent. At present, gold is still rising and has never broken through the upper and lower support levels. Before, we could still trade based on trend analysis. Buy gold according to the trend when the price is low. Once the price breaks through the pressure position, we can use the turtle trading rule,
Based on the current trend, I give a trading signal that is more in line with the trend. Of course, gold prices often get out of control recently due to emergencies, but I still hope to help everyone.
Golden signal:
gold: buy 1972-1975 tp1979-1984 (the buying price will fluctuate according to price fluctuations)
If you are interested in trading knowledge and my analysis, please join me
GOLD today in long-term and short-term trendsGold Analysis October 24: Key Resistance Zones 2000
- Fundamental analysis:
Gold enjoyed another week of impressive price increases between 1932 and 1997 due to risk aversion due to the escalation of the Israeli-Palestinian war. Approximately 6,000 people have died on both sides, and that number is likely to rise further in the near future.
The United States believes that the actions of Iranian proxies are likely to escalate war in the Middle East. If Iranian proxies attack U.S. forces, the U.S. will likely respond. The United States is discussing with Israel how to achieve its military goals. It is predicted that this war could last three months
Super Physical Gold Reserve Fund SPDR suddenly bought 15 tonnes of gold in a trade last Friday, making it the shark's largest purchase in 2023. Predicting a long-term upward trend in gold? Important news was announced to the market today. Trends in Israel will continue to attract attention.
- Technical analysis:
D1's trend has reversed from a decline to an increase after two weeks of significant price increases. . Idea of the day: Wait until the sale ends
. Yesterday, the market produced a pin bar candlestick at bar D1. The candle body was rising, but the long upper shadow indicated a downward pressure trend. According to reports, Hamas also released two Israeli hostages and set terms for a ceasefire. This is a good move to lower gold prices at the moment. The main strategy now is to sell for a profit of about 193x 1900.
. The first half bar is expected to be a little worse for the US dollar as it gradually accumulates smaller amplitudes as we wait for news, especially the news that the Manufacturing PMI index was released in US trading today. As we've seen recently, the U.S. economy remains very strong with strong employment numbers, continued declines in unemployment claims, and a surge in retail sales. So tonight will be the next good news. for USD
****The short trend for the current market is:
☘ Yesterday the market showed signs of sellers jumping into the market when the price went up to the 1982-1983 range and was pushed down immediately. ☘ The closing price right at the 1972 zone is lower than the closing price of the previous days. The above signs show that the sellers are slightly higher than the buyers, but have not yet confirmed the bearish wave pattern. ☘ Today we will prioritize SELL more and wait for confirmation when the price breaks through the 1962-1963 zone to confirm a long-term decline. 🎍 Canh was sold in this region from 1987 to 1988
🌴 City: 1980-1970-1962
SL: 1995
🌴 Short-term purchase period in this region 1962-1963
🌴 City: 1970-1975-1980
SL: 1960
GOLD ( XAUUSD ) Long Term SELLING Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD 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
EURUSD Analyse in 4H Hello traders
In this analysis, we have a model of fast lightning, so we will have a PRZ With OB
This area is considered strong, and there will be a strong rebound from it
Our entry will be in the 1.06920 area and take profits:
- tp1 at 1.0600
- tp2 at 1.05715
- tp3 at 1.05430
placed his first support 1971,keep close.#GOLD.. market just placed his first day support 1971. that was market first support as you can see in my previous idea,
now actually market have 2 supporting areas,
1971
1965
keep close these areas for further move to anyside,
if market hold this area then bounce expected from here,
otherwise breakage can leads you towards further 10 yo 15 points to downside..
keep close and dont be lazy here..
trade wisely
good luck
Gold will continue to rise after adjustment on Monday
Gold will open next week and will continue to rise after a slight correction. As the Palestinian-Israeli conflict continues to ferment, we can see news from all parties at the weekend. We can wait for the opening price to adjust and buy. We are mainly bullish, but we cannot buy blindly. It is more reasonable to wait for the price adjustment.
gold: buy1968-1972 tp1992-1997
If you need more analysis and trading signals, please join me. , I will update my thoughts based on real-time trends
Did gold just to choose to shoot up to $2.169?Gold like many other markets have been in difficult territory to trade well this year.
We cannot predict but only probability predict. And with probabilities, things can change so quickly.
I am currently long a couple of gold stocks as of last week, and it looks like the direction is right for now.
And finally, the gold price is matching the drapes.
We are seeing gold stocks head on up along with the precious metal which is bringing somewhat a positive correlation.
If we look at the overall pattern, since March it's formed an unattractive Symmetrical Triangle.
And now the price has broken above the triangle, choosing a direction - UP
This is also coincidental as the world markets have broken down in their Sideways 1 year range. We can expect world markets to continue down, while gold is more likely to rally.
Could it be the safe-haven status market we need right now for when things are down?
With cryptomaniacs scared to invest based on what's happened over the last two years and with NFTs losing over 90% of their value.
It could be the best market to invest in at the moment.
Good old trustworthy boomer of an investment.
7>21>200
RSI>50
Target $2,169
placed a reasonable high, focused again 1982.50#GOLD.. market placed a reasonable high on friday and closed below hi resistance area. now 1982 is the that need your focus,
keep close it and dont be lazy here,
sofar no soft corner news from Israel side, but technically 1982.50 is key level for now,
if market hold it in hour chart specially then drop expected towards again supporting zone from 1970 to 75 as first target and overall 1940 is the area that can test by market if Friday high hold.
trade wisely
good luck
XAUUSD:20/10 Today’s Trading StrategyGold opened in early trading and continued to rise. The high reached 1982. In the short term, it touched the previous high point in July. It was originally expected that this trend would be a rise and fall yesterday. The reason for the current rise and fall in this area is also based on the structure of this rise. I think It is close to starting the adjustment mode. On the market, the pressure on the early pressure retracement point of the 1990 area is obvious, so this area gradually begins to bear a bearish view. The short-term support point below focuses on the 1950-1960 range of yesterday's intensive trading area.
The market once again returned to the early period of 1940 to 1985 area shocks. On Wednesday, there was a 2 billion large order in the 1962 area. After a roller coaster break, it showed that the bulls continued to rise after washing the market again. Then the top-bottom switch today's early trading 1962 is the long area. Of course, the pressure is now at 1985 To the 1990 area, if there is a breakthrough here, there is a high probability that the 2000 point will be touched.
Trading will be closed after Friday today, and there will be another two-day news vacuum period, which can push up risk aversion at any time. Gold and crude oil rose simultaneously in the middle of the night yesterday, indicating that the market's risk aversion is still there, so now there is a great risk in pursuing the long position in 1980. Today's short-term operation of gold will focus on the 1985-1987 first-line resistance in the upper part, and the 1960 first-line support in the lower part;
BUY:1966~1964
SL:1960
TP1:1972
TP2:1976
SELL:1984~1986
SL:1990
TP1:1976
TP2:1972
GOLD XAUUSD Technical Analysis and Trade IdeaIn this video, we present a comprehensive analysis of GOLD XAUUSD, with a primary focus on the prevailing bullish sentiment evident in higher timeframes. Notably, GOLD has recently approached a critical resistance level. The video's discourse covers essential elements of technical analysis, including but not limited to the current trend, dynamics of price action, the structural characteristics of the market, and various other fundamental aspects of technical analysis. As we progress through the latter part of the video, we take a closer look at a potential trading opportunity.
It is important to emphasize that the content presented here is strictly intended for educational purposes and should not be misconstrued as financial advice. It is imperative to recognize that engaging in currency market trading carries a substantial degree of risk. Therefore, the prudent integration of risk management strategies into your trading plan is absolutely vital.
💡 XAUUSD: Increases sharply when economic information is mixed🔷 From last night into early morning this morning, the U.S. economy reported positive new jobless claims, but manufacturing indexes and business conditions worsened.
Specifically, the number of new U.S. unemployment insurance claims last week was 199,000, lower than the previous week's 211,000 and also lower than expected by 212,000. The average number of applications for unemployment benefits over the past four weeks also fell from 206,750 to the current 205,750.
🔷 Along with the Manufacturing Business Index, the Philadelphia Fed also released data assessing the economic outlook for October, and the result was 9.2 points, down from 11.1 points in September. The data was lower than the previous month due to lower trading volumes in the US. Both the manufacturing index numbers and the poor economic outlook led to a sharp reversal in the US dollar, contributing to the rise in gold prices. Investors believe that in addition to risks arising from escalating geopolitical tensions in the Middle East, they are also concerned about worsening economic conditions in the United States, leading to a global economic downturn. So they increased their gold purchases to protect their cash flow.
XAUUSD Timeframe: 1H Trade SignalXAUUSD Timeframe: 1H Trade Signal
#Forex #XAUUSD #TechnicalAnalysis #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve #NASDAQ #USTECH
Hey traders! 👋 Let's dive into a potential trading opportunity on the XAUUSD pair using technical analysis. 📊
📉 Previously Bearish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the XAUUSD pair. 🐻
📊 Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
📈 Buy Level \ Entry Price: 1983
🎯 Stop Loss Level: 1971
🚀TP: 1995.7
🚀TP2: 2007.83
💰 Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! 🚀📈💰 #HappyTrading #ProfitOpportunity #TradeSmart #TradingwithBelieve
Gold (GC11 Futures) Mid Term Analysis - SHORTLast week saw a lot of emotional buying of the market. While some short positions were not viable later in the week, there has now been a clear rejection from:
1) The higher zone mentioned prior:
2) The previous long term weekly H&S pattern mentioned back in August:
In terms of current price action, it seems that an inverse H&S pattern is forming on the daily. We can also see that in terms of the RSI - with tweaked values more suited for long term analysis - that the price is EXTREMELY overbought. Note on the chart that historically - when using my specific settings - that there is a high probability for a reversal.
In terms of the DXY, TECHNICALLY it is still BULLISH on the daily, and has been simply consolidating for the past few days. Please note this infographic:
The probability for a move down for Gold seems more likely. There are two scenarios:
1) A retrace to the first minor zone around 1973.5 - 1967, based on the Fibonacci retracement of the recent daily impulsive move. The bottom point starting from the low of Monday 16th, and the high point being Friday 20th.
2) A retrace to the purple zone, starting at 1940.5, extending down to 1921. This is based on the Fibonacci retracement of the recent weekly wave up: .
Scenario 2 seems more like of the two, as it would be a logical place for the final shoulder to form in line with this analysis.
There are a variety of ways to approach an entry for this week:
1) Buy PUT options around this price. If you do not have access to this functionality because you are trading CFD's, look into using the broker "Avatrade". They feature short term options spanning a few days, and while they are as powerful as traditional options, it can shield you from some of the short term volatility.
2) Look for a breakout sell below the low of Fridays candle, that being 1983.7 on the Futures.
3) Look for to short the 0.618 retracement of Fridays candle.
4) Look to short near the top of Fridays wick, essentially forming a double top.
5) Wait for a confirmed flip of the 21 / 55 EMA's, and look for a short around a relevant pivot.
I will be opting for approach 1, as well as approach 3. Manage your risk accordingly.
Just as a final note: Please note, there will be times where losses will be taken, but if you are entering around historical areas of support / resistance, they will be extremely negligible compared to your overall profits. Aim for points, not pips. Also please keep in mind, it is good practice to take profit as a position runs. Taking some profit out after 5 to 10 points is not a bad thing.
I hope this analysis will help you for the week ahead. I will be posting more closer to time analysis throughout the week. The majority of my time will be spent either here OR in private chat, so if you have any questions, feel free to ask!
Good luck!
Disclaimer: This is not financial advice.
GOLD ( XAUUSD ) Long Term Buying Trading IdeaHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD 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
GOLDUpcoming Week's Gold Market Analysis
As you can observe from the chart, Gold is currently undergoing a pattern of five waves, indicating an impulse-correction sequence.
Having closely monitored its ascent in line with our analysis, it's evident that Gold is displaying signs of weakening. A correction phase is essential before it can resume its upward trajectory.
Our skilled traders are diligently identifying the optimal entry points for our valued clients.
Don't miss out on the chance to benefit from our trading expertise this week. Join us to seize this opportunity!
Note: All our trade insights are provided entirely free of charge.
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
