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Goldtradingstrategy

XAUUSD: 25/10 Today’s Market Analysis and StrategyGold technical analysis Daily resistance 2760, support below 2700-2673 Four-hour resistance 2733, support below 2700 Gold operation suggestions: Yesterday, gold technically stabilized at 2720 in the Asian and European sessions and rebounded. It hit 2743 in the US session and then fell rapidly. The overall gold price stabilized at 2720 with secondary support. At the same time, it continued to fluctuate in the 2740-44 area under pressure. Before the short-term daily level falls below 2700-05, it is likely to continue to trade time for space and continue the rhythm of long and short pull From the current 4-hour trend, today's support below continues to focus on 2715-20, and the pressure above continues to focus on the 2740-44 suppression given yesterday. Rely on this range to sell high and buy low during the day, and wait patiently for key points to enter the market. SELL:2744near SL:2748 BUY:2700near SL:2697 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDShort
by ActuaryJ
Friday Market Analysis and SignalsGold rose first and then fell, and the market fluctuated widely. Today, we will continue to see wide fluctuations. The hourly chart forms a consolidation triangle range adjustment. The hourly and four-hour moving averages are glued together, and the RSI indicator returns to the central axis and flattens. At present, the market will maintain this oscillation pattern for the time being. Let's look at the 2715-2745 range for the day. Gold is now starting to build a top at a high level, and the bulls are limited. Gold will start a new adjustment at any time. Gold rebounds and continues to be short. Gold rebounds above 2745 in the Asian session and goes directly short! The market is not simply going to chase long when it rises, and going to chase short when it falls, nor is it going to buy the bottom when it falls, and touching the top when it rises. Trading strategy: The 1-hour moving average of gold turns downward and is about to form a dead cross. If the moving average of gold forms a downward dead cross pattern, then the room for gold to fall will be further opened, and the decline of gold may have just begun. We will sell gold near 2745 in the Asian session. Sell high and buy low in the 2715~2745 range.
OANDA:XAUUSDShort
by Jun-goldFX
10.25 gold Asian market analysis ideas! !! !!Yesterday, gold began to fluctuate and rise in the early trading, and continued to rise in the European trading, reaching a high of around 2743 in the US trading. Then the market was blocked and fell. After dropping to around 2722, it rebounded to above 2730 in the late trading and fluctuated. The daily line closed with a positive line, and gold once again stood firm at the 2730 line. On the daily line, there was a single negative decline correction on Wednesday, and a volatile rise on Thursday. There was still some resistance to falling in the short term. At the opening of today, the gold price was above the moving average. In the short term, we will first pay attention to the 5-day moving average, which is currently located near 2730. As long as it stands firmly at 2730 today, gold will definitely continue to rise. First pay attention to the resistance near yesterday's high point of 2743, and then pay attention to the resistance near the current high point of 2758. If it continues to break through the high, we need to pay attention to the 2768 pressure level. 2768 is the current resistance position after the extension of the high point line of July 17 and September 26. In terms of intraday operations, it is still mainly low-long. In terms of geopolitical situation, US Secretary of State Blinken said on Thursday that the United States does not want Israel to carry out protracted military operations in Lebanon. At present, all parties are working hard to hold new negotiations on the ceasefire and hostage agreement in Gaza. In terms of economic data, the number of initial jobless claims in the United States last week released on Thursday unexpectedly fell, but the number of continued jobless claims in mid-October rose to a nearly three-year high, suggesting that it is becoming increasingly difficult for the unemployed to find new jobs. The influence of various aspects has also further promoted the upward trend of gold. Although gold fell back on Wednesday, it still rose sharply the next day. The price is expected to break a new high again, and it is far from the target level at present. Support level: 15 Resistance level: 35————45
TVC:GOLDLong
by David_strategy
1
Is Bitcoin Price's All-Time High Dependent on Gold Rally PausingThe cryptocurrency market has been exciting as Bitcoin (BTC) inches closer to its all-time high (ATH). However, a recent surge in gold inflows suggests that a potential pause in the precious metal's rally might be necessary for BTC to reach new heights. Over the past seven trading days, gold exchange-traded funds (ETFs) have witnessed an influx of over 1 million ounces, marking the largest inflow since October 2022. This significant increase in gold demand indicates that investors seek safe-haven assets amid economic uncertainty and geopolitical tensions. Historically, gold and Bitcoin have correlated, with one asset often leading the other. In 2020, for instance, gold paved the way for Bitcoin's ascent, reaching record highs in August of that year. Subsequently, BTC followed suit, setting its all-time high in December. The current scenario, however, presents a different dynamic. While Bitcoin's price has been steadily climbing, it appears to be facing resistance near its previous ATH. Is there a potential correction in gold prices could be a catalyst for BTC to break through this resistance level and establish a new all-time high? Several factors contribute to this hypothesis. Firstly, the ongoing correlation between gold and Bitcoin suggests that a pause in gold's rally could divert investor attention and capital towards the cryptocurrency market. Secondly, a correction in gold prices could alleviate concerns about a potential asset bubble forming in the precious metal market, thereby boosting investor confidence in Bitcoin. Furthermore, the recent surge in inflows into Bitcoin ETFs highlights the growing institutional interest in the cryptocurrency. As more traditional investors allocate a portion of their portfolios to Bitcoin, the potential for a significant price increase becomes more tangible. However, it is essential to note that the relationship between gold and Bitcoin is not always straightforward. There have been instances where the two assets have diverged, influenced by various macroeconomic factors and market sentiment. Therefore, while a gold correction could provide a favorable environment for Bitcoin's price appreciation, it is not a guaranteed outcome. In conclusion, the recent surge in gold inflows suggests that a potential pause in the precious metal's rally might be necessary for Bitcoin to break its all-time high. While the historical correlation between the two assets offers a compelling narrative, it is crucial to consider other factors and remain vigilant about market developments. As Bitcoin continues its journey towards new heights, investors will be closely watching the interplay between gold and the cryptocurrency market.
OANDA:XAUUSD
by bryandowningqln
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, Another great day on the chart today, as our updated from yesterday played out once again. After completing our targets yesterday, we stated that we were seeing the rejection back into the weighted Goldturn level 2717, which will either provide support for another bounce up or a cross and lock below to confirm the lower range. - No cross and lock below 2717, as a new Goldturn was created just above it, confirming the perfect rejection for the bounce into 2730. This followed with a new cross and lock above 2730 re-opening 2739 and 2747. 2739 was hit perfectly completing this target once again with 2747 left. Failure to complete the next target will see price retest the support below. As long as 2717 holds, we are likely to see the upper levels retested again . We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2730 - DONE EMA5 CROSS AND LOCK ABOVE 2730 WILL OPEN THE FOLLOWING BULLISH TARGET 2739 - DONE 2747 - DONE BEARISH TARGETS 2717 - DONE EMA5 CROSS AND LOCK BELOW 2719 WILL OPEN THE FOLLOWING BEARISH TARGET BEARISH TARGET 2706 EMA5 CROSS AND LOCK BELOW 2706 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2692 - 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE SWING RANGE SWING RANGE 2673 - 2661 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
22
10.24 Can gold reach a high level?On Thursday (October 24), gold prices partially recovered, continuing the previous upward momentum. After a brief correction on Wednesday, spot gold once again broke through the $2736-2737/ounce area, and then narrowed its gains to 0.66%. It is currently trading around $2733, up about $18/ounce on the day. Thanks to the weakening of the US dollar and the decline in US bond yields. In addition, the uncertainty in the Middle East and US politics has also increased the market's demand for safe-haven assets, further boosting the attractiveness of gold. From a technical perspective, there is a certain downward pressure on the short-term trend of gold prices. According to the technical chart, the upward trend line of gold was broken on Wednesday, indicating that the market may have a further correction in the short term. If gold prices cannot remain above the support of the $2730-2732 range, they may face greater downward pressure. The first target is the $2700 mark. If it falls below this level, the next step will test the intermediate support of $2685, and may even fall to around $2670. If gold can hold the key support level of $2,730 and successfully break through the recent resistance level of $2,750, the market will re-enter the upward channel. At that time, the price of gold is expected to challenge the high point of the $2,770-2,775 range again, and may even further attack the psychological barrier of $2,800. In terms of technical indicators, the oscillator on the hourly chart shows a certain callback signal, indicating that there are still opportunities for short sellers in the short term. However, given the current geopolitical and macroeconomic uncertainties, the strength of short sellers may be limited.
TVC:GOLDLong
by David_strategy
1
XAUUSD: 24/10 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2760, support below 2700-2673 Four-hour upper resistance 2738, support below 2700 Gold operation suggestions: Yesterday, gold technically stabilized near 2738 in the Asian and European sessions, rebounded quickly, and then further broke through the historical high to near 2758 and fell under pressure, falling rapidly. The US session broke through the two integer levels of 2740 and 2730 and reached near 2708 to start rebounding. The overall price appeared under pressure and resistance at the 2758 level in the short term. Yesterday, the NY market fell and broke through the 2738 line, which became a short-term strong resistance and suppression area. The important support below is 2705-08 From the current market trend, the intraday rebound pressure near 2738 continues to be bearish, and then look for low points to go long. The short-term support below focuses on the vicinity of 2705-08. The overall intraday trading relies on the pressure of the 2738 level and the 2708 support. Wait patiently for key points to enter the market. BUY:2709near SL:2705 BUY:2700near SL:2697 BUY:2673near SL:2670 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
TVC:GOLDLong
by ActuaryJ
XAUUSD: Today’s target is 2700 points, short on rebound highToday's trading strategy: The support area of ​​2725-2720 was broken yesterday, and the overall trend of gold prices has been destroyed, so we can no longer maintain a bullish view. From the hourly chart, the current gold price may form a head and shoulders top pattern. If this pattern is confirmed, it will enter a correction cycle. The resistance area we need to pay attention to above is around 2740. As long as this position is not effectively broken, the gold price will start to fall, and it is very likely to test 2700 points.
TVC:GOLDShort
by AntonyTP
1
Tuesday Market Analysis and SignalsGold fell 50$ from the all-time high of 2758 yesterday. The four-hour chart shows the initial head and shoulders top, with the left shoulder at 2740 and the right shoulder waiting for confirmation. After this pattern ends, gold shows a signal of being blocked, and a wave of correction is coming! Today, gold rebounded and began to short, and there is still a need for further correction! Gold fell from a high yesterday, and perhaps the trend is about to turn short. After a continuous rise in gold, gold bulls were released, and gold bears began to perform. Gold shorted below 2740 in the Asian session! The 1-hour moving average of gold began to turn around, and it broke through the support of two moving averages in succession. The gold bulls temporarily declared an end. Now the moving average resistance is near 2738. Gold fell under pressure from a high level, and the market has turned short. The strength of gold rebound is limited, and the rebound is an opportunity for shorts. . Trading strategy: Focus on going long near yesterday's low of 2708. Pay attention to the resistance of the top and bottom conversion position 2739 above. More signals will sent to the VIP group
OANDA:XAUUSDShort
by Jun-goldFX
Gold Technical Analysis: (READ DESCRIPTIO)Gold Technical Analysis: Bullish Outlook Pivot Point: 2717.00 Gold is currently exhibiting signs of a potential upward move, with support established at 2717.00. The technical indicators suggest a preference for long positions as the precious metal is poised for further gains. Our Preference: Long Positions Recommended Trade: Long positions are favored above 2717.00, with targets set at: First Target: 2747.00 Second Target: 2758.00 This indicates a potential rise as the bullish momentum strengthens. Alternative Scenario: Downside Potential If Gold falls below 2717.00, consider looking for downside targets at: First Target: 2709.00 Second Target: 2700.00 This would suggest a shift in momentum and a potential corrective move. Technical Indicators: RSI (Relative Strength Index): The RSI shows strong upside momentum, signaling buying strength. Price Action and Trends: Above 2717.00: As long as the price remains above this pivot point, the upside trend is expected to prevail, potentially targeting 2747.00 and 2758.00. Below 2717.00: A break below this support level would invalidate the bullish scenario, opening up potential losses toward 2709.00 and 2700.00. This would indicate a shift in momentum toward a bearish correction.
OANDA:XAUUSD
by CharivapaAlgo
XAU/USD 24 October 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge. Price has printed a bearish Change of Character (CHoCH), signaling but not confirming the initiation of a bearish pullback phase. Intraday Expectation: While there are no clear signs of a pullback yet, price is expected to react at either the 50% equilibrium (EQ) or H4 demand zone before targeting the weak internal high. I'll remain on standby for further developments. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase. As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance. Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range. Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also respond to nested H4 and M15 supply levels before targeting the weak internal low. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
Buy XAUUSD at a low level. Today, the New York market dealt a severe blow to bullish investors. Shortly before the opening, prices began to decline, reaching a low of 2708, with a drop of approximately 50 points. This downward movement was primarily driven by heightened bearish sentiment resulting from overbought conditions, as well as negative news and comments from the Federal Reserve Chair. These combined factors led to a rapid decline in gold prices over several hours. Currently, bearish sentiment appears to be persisting. In the short term, we need to observe whether the market stabilizes in the 2700-2708 range. If stability is achieved, gold may rebound to the 2741 level, as the market has formed a double bottom support at the hourly level. Conversely, if the market fails to stabilize in the 2700-2708 range, the lower channel will open, potentially exacerbating the downward sentiment and increasing bearish pressure. Latest Trading Thoughts: The New York market is expected to maintain a low-range consolidation with limited trading opportunities; hence, a cautious approach is advisable. Focus on movements in the Asian market and any bullish news stemming from geopolitical developments. If the New York market does not drop below the 2708 level before the close, the probability of a rebound in the Asian market exceeds 98%, making a bullish stance prudent. Trading Plan: Buy Zone: 2711-2708 Take Profit: 2725-2740 Stop Loss: 2700 For those unfamiliar with trading, please stay updated on real-time trading strategies. CAPITALCOM:GOLD OANDA:XAUUSD
OANDA:XAUUSDLong
by George_parse
1
Gold prices change constantlyThe correlation evaluation underneath seems at the connection among gold and silver during the last fortnight with some of marketplace indicators. Gold is at the right, silver at the left. From pinnacle to bottom, we've got the form of the Fed budget futures curve from October 2024 to December 2025 in black, presenting a manual on price reduce pricing, US two-12 months yields in blue, US 10-12 months yields in green, the United States greenback index in crimson and 10-12 months actual bond yields in red which measures nominal yields much less anticipated inflation over the following decade. To placed matters into perspective, pastimes and the greenback have risen sharply over the last 10 days. However, regardless of this, gold and silver are an increasing number of correlated with this alteration regardless of being their conventional enemies. It`s now no longer superb how gold and silver are appearing on this surroundings and but there may be not anything extra than hobby costs and bonus charge fluctuations which are using the valuable metals markets. Does protection have an absorption path? Lam charge anticipated to be higher? Increased monetary penetration? Russia's sanctions avoidance order? Those are the famous theories, even though it is hard to select out which one, if any, is the actual using pressure proper now. One component we do understand is that gold and silver retain to fashion higher. 💎 TVC:GOLD Buy limit 2714 - 2712 💎 ✔️TP1: 2730 ✔️TP2: 2750 ✔️TP3: OPEN 🚫SL: 2706 ➖➖➖➖➖➖➖➖ 💎 TVC:GOLD XAUUSD Sell limit 2740 - 2738 💎 ✔️TP1: 2730 ✔️TP2: 2720 ✔️TP3: OPEN 🚫SL: 2748
TVC:GOLDLong
by FalCol_TradingMaster
10.24 Gold fluctuates upwardThe price of gold fell below the moving average and now began to fluctuate. The upper side was originally at 2755, and the lower support was at 2713. You can buy low and sell high. Yesterday evening, the price fell quickly and found the support of 2713. When the price of gold retreated, you can buy on dips. In terms of the day, the sharp drop in the rise can be alleviated, but whether it can change direction depends on the continuation. Only if the sharp drop continues can it be the top. The focus is on how many bulls are above 2740. Only if the price rises in a cycle in the morning, it fell back twice in the early morning yesterday, and the watershed was 2709. Today's data: Number of initial jobless claims in the United States as of October 19 (10,000 people) Today's focus is whether the daily line will be negative or positive when it fluctuates. In terms of rhythm, the European session is still the focus. If we look at the continued retreat, then pay attention to the watershed 2735, which is the empty point. Remember, once the watershed continues to break, then this high point will be formed in the short term, and there will be opportunities for the mid-term in the future. But no matter what, there is definitely not much room for bulls above the risk area, and it is not recommended to make a layout. Resistance level 2735 Support level 2715
TVC:GOLDLong
by David_strategy
1
Gold M15-Scenario Gold has shown positive movement and is currently maintaining its bullish trajectory, bolstered by overall market conditions such as lower bond yields and a weaker U.S. dollar. Stochastic indicators show continued upward potential. Analysts have identified strong resistance around the $2,678 - $2,730 range. Gold is likely to test these levels again, with a potential breakout if the bullish momentum sustains. Some experts expect a potential pullback due to overbought conditions, while others believe that geopolitical tensions and macroeconomic factors may push the price higher. Analysts have indicated ranges from $2,600 to $2,800 per ounce, with some even suggesting it could climb higher due to safe-haven demand. In the short term, it seems gold may experience a slight decline or stabilization after its recent highs, but the broader trend remains bullish amid ongoing uncertainties.
CITYINDEX:XAUUSDLong
by BELLATRIXFX
XAUUSD Strong Bullish Momentum1. Trend Uptrend: The price is trending upwards within the ascending channel, with higher highs and higher lows, indicating a bullish market sentiment. 2. Support and Resistance Support: The lower boundary of the channel acts as dynamic support, where price has bounced multiple times. If the price continues to move within this channel, it may find support around the 2,680-2,700 USD range. Resistance: The upper boundary of the channel acts as resistance. If the price reaches this level, it could face resistance near 2,750-2,760 USD in the near term. 3. Price Action Bearish Candle: The recent candle shows a significant drop (-1.11%), indicating bearish pressure. The price is testing the lower channel boundary, which could be a critical support zone. Potential Reversal: There seems to be a projection for a bullish bounce off the lower boundary, suggesting a possible upward move back towards the mid-to-upper range of the channel, as shown by the zigzag projection on the chart. 4. Projections Bullish Scenario: If the price holds at the lower boundary and rebounds, it could aim for a move back towards the upper channel line, targeting around 2,760-2,780 USD. Bearish Scenario: If the price breaks below the lower boundary of the channel, it could signal a shift in the trend, potentially targeting support levels below 2,680 USD. 5. Key Levels Immediate Support: 2,700 USD (channel support) Immediate Resistance: 2,750 USD (upper channel resistance) Potential Targets: A bounce could aim for 2,760-2,780 USD, while a breakdown may push the price down to 2,660 USD or lower. In summary, the XAU/USD pair is in an overall uptrend but is currently facing a pullback near channel support. The next few sessions are critical to see if the price respects the channel or breaks downwards. If the support holds, a bullish continuation is possible.
FX:XAUUSDLong
by YogaID
GOLD 1H CHART ROUTE MAP UPDATEHey Everyone, A great day on the charts today with our 1H chart roue map playing out perfectly all week. We started the week with both our weighted Bullish target 2730 and bearish target 2717 hit. No cross and lock below 2717 confirmed the support for the bounce and a cross and lock above 2730 confirmed the range above, opening 2739 and 2747. Both 2739 and 2747 targets were completed followed with a further cross and lock above 2747 opening 2755 and 2761. 2755 was also hit today and 2761 just fell short, which is usually the case when momentum is exhausted but we are more than happy with this run that we were able to track and trade level to level all the way to the top and with a safe early exit before the rejection. We are now seeing the rejection back into the weighted Goldturn level 2717, which will either provide support for another bounce up or a cross and lock below to confirm the lower range. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2730 - DONE EMA5 CROSS AND LOCK ABOVE 2730 WILL OPEN THE FOLLOWING BULLISH TARGET 2739 - DONE 2747 - DONE BEARISH TARGETS 2717 - DONE EMA5 CROSS AND LOCK BELOW 2719 WILL OPEN THE FOLLOWING BEARISH TARGET BEARISH TARGET 2706 EMA5 CROSS AND LOCK BELOW 2706 WILL OPEN THE RETRACEMENT RANGE RETRACEMENT RANGE 2692 - 2682 EMA5 CROSS AND LOCK BELOW 2682 WILL OPEN THE SWING RANGE SWING RANGE 2673 - 2661 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
14
Gold at Key Fibonacci Retracement: Bullish Move Ahead?Gold has retraced to my level of interest, hitting the 0.6-0.7 Fibonacci retracement zone, which aligns perfectly with the trend retest area. The confluence of technical signals here suggests a potential bounce from this level, supported by the Fibonacci levels and the current trend structure. A careful approach will be required as we wait for the price action to confirm a bullish continuation or a deeper retracement. Technical Overview: • Entry Point: Based on a key retracement to the 0.6-0.7 Fibonacci level, indicating a possible bullish reversal. • Trend Retest: The price is interacting with the trendline retest, and maintaining above this level could signal further bullish momentum. • Risk Management: Stop-loss levels are set below the 0.7 Fib level, as this area will be a key invalidation point should price break through. Fundamental Overview: Gold (XAU/USD) continues to rise, recently scaling new highs beyond $2,750 during the European session, driven by a risk-off sentiment due to tensions in the Middle East and ongoing US political uncertainty. This is compounded by expectations of a more accommodative Federal Reserve policy, with potential smaller interest rate cuts after the upcoming US Presidential election. While the rally in the US Dollar is dampening some of Gold’s demand, the broader macroeconomic environment continues to provide bullish support for the precious metal. Moving forward, key drivers for the gold price will include any further escalation of geopolitical tensions, as well as central bank policies related to interest rates and monetary easing. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
CAPITALCOM:GOLDLong
by AR33_
2