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XAUUSD - 4H Gold’s Potential DownturnOANDA:XAUUSD has recently surged to the top of its ascending channel, reaching above the $2,500 level. This move, however, appears to be a liquidity hunt, where the market triggers stops above significant levels before reversing direction. After this liquidity grab, technical analysis suggests a strong possibility of gold retracing within the ascending channel. Fundamentally, several factors are contributing to the potential downside. The recent easing of tensions in the Israel-Palestine conflict has reduced demand for safe-haven assets like gold. Additionally, the de-escalation in geopolitical risks generally leads to a pullback in gold prices as investors shift towards riskier assets. Moreover, the broader market sentiment is leaning towards a stronger dollar, especially with expectations of continued monetary tightening by central banks, which could also pressure gold prices downward. Given these technical and fundamental factors, gold is likely to face a correction back within the channel, with potential support levels around $2,350-$2,400. This retracement would align with the overall market dynamics and investor sentiment shifting away from gold.
FX:XAUUSDShort
by Sober_Trading
7
XAU/USD 22 August 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After an iBOS (Internal Break of Structure) we expect a bearish pullback. Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation Intraday expectation: Price to continue bearish pullback phase, react at M15 demand zone, perhaps as deep as H4 or D demand zone to then target weak internal high. H4 Chart: M15 Analysis: Intraday expectation, analysis and bias remain the same as yesterday's analysis dated 21 August 2024 -> Swing: Bullish. -> Internal: Bullish. Previous Intraday expectation was met and price has printed a bullish iBOS. Price has printed bearish CHoCH to indicate bearish pullback phase initiation. Internal structure has been established and price reacted at discount of 50% EQ, however, price has also failed, as yet, to target weak internal high, therefore, price could potentially be seeking further liquidity and could be targeting M15 demand zone. Intraday expectation: Technically price should target weak internal high but thus far has failed, therefore, price is perhaps seeking further liquidity (M15 demand zone) to fuel. bullish continuation. Alternative scenario: We need to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 19 August 2024 Intraday AnalysisH4 Analysis: Analysis/Bias to remain the same as yesterday's analysis dated 18 August 2024. -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS. After an iBOS (Internal Break of Structure) we expect a bearish pullback. Bearish CHoCH positioning is denoted with a blue dotted line. H4 demand zone is positioned the same as bearish CHoCH positioning. Intraday expectation: On a candle-to-candle view since iBOS, price is printing higher highs, therefore, wait until price indicates pullback. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. As mentioned in my analysis dated 16 August 2024, whereby internal structure was bearish. We needed to be mindful that H4 internal structure was bullish. Price has printed a bullish BOS and iBOS. Price has printed bearish CHoCH to indicate bearish pullback phase initiation. Intraday expectation: Price to react at discount of 50% EQ, or M15 demand level to target weak internal high. Price may seek liquidity at M15 supply level to confirm bearish pullback phase initiation. Alternative scenario: Price to target weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD 16 August 2024 Intraday AnalysisH4 Analysis: Analysis/Bias to remain the same as yesterday's analysis dated 15 August 2024. -> 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 met with price targeting weak internal low printing a bearish iBOS. Bullish CHoCH positioning and strong internal high are positioned at the same level, however, as price has pulled back to discount of 50% internal EQ, I am happy to confirm internal low. Price has reacted at H4 supply zone. Intraday expectation: Price to target weak internal low, however, and as per yesterday's intraday expectation, we need to be mindful that H4 internal structure is bullish. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD Outlook ICT ConceptsGold (XAU/USD) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAU/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: As anticipated in the previous analysis, Gold expanded higher and tapped into the 4-hour Fair Value Gap (FVG). This move indicates a fulfillment of the prior target and highlights the market's potential trajectory. 📍Current Market Overview: Gold is currently trading at 2,444.070, within a key zone. The market is positioned near the Previous Week High (PWH) and Previous Month High (PMH), making these levels crucial for assessing future price action. 🔍 Identifying Key Levels • PMH (Previous Month High): 2,480.000 • PWH (Previous Week High): 2,460.000 • PWL (Previous Week Low): 2,368.000 • PML (Previous Month Low): 2,292.000 • SSL (Sell-Side Liquidity): 2,352.500 • 4H FVG: Located near 2,445.450, recently tapped. 📊 Key Considerations • Price Action Post-FVG Tap: Following the tap into the 4H FVG, there is an expectation of a potential retracement lower. • Buy-Side Liquidity (BSL): Aiming for the PWH and PMH levels to sweep these BSL zones could precede a sell-off. • Sell-Side Target: Post BSL sweep, the focus will be on retracement targeting the SSL and other lower levels on the chart. 📈 Bullish Scenario A bullish scenario might unfold if: • Sweep of PWH and PMH: If the price manages to sweep these levels without significant resistance, it might continue to explore higher liquidity zones. • Lower Time Frame Entries: In lower time frames, opportunities may arise to position long, targeting PWH and PMH for short-term gains. • Continuation Above PMH: A sustained move above the PMH could invalidate the bearish setup and open up higher targets. 📉 Bearish Scenario A bearish scenario could develop if: • Rejection at PWH or PMH: If the price shows signs of rejection after sweeping the BSL at these levels, a retracement back into the FVG or lower levels becomes likely. • Break Below 4H FVG: A decisive break below the 4H FVG could signal a continuation lower, focusing on SSL levels. • Bearish Confirmation: Watching for bearish confirmation patterns or candle structures at these levels will provide early signs of a trend shift. 📊 Chart Analysis Summary • Bullish Expectation: Aiming for the PWH and PMH levels, with lower time frame entries offering potential upside. • Bearish Expectation: Post-BSL sweep retracement could lead to a correction targeting SSL and lower zones. 📝 Conclusion: Gold's recent move into the 4H FVG aligns with the expected price action, suggesting a balanced outlook with potential for both bullish and bearish scenarios. Monitoring the reactions at the PWH, PMH, and FVG levels will be critical for anticipating future market movements. 🙏 Thank you for joining us! Exploring XAU/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
OANDA:XAUUSD
by RealArmin
XAUUSD Gold to 4KTimeline is 6 months - 2 years The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is replaced entirely. I see the momentum indicators shifting in various markets. Below is a brief summary of each, relevant indicators/markets. see charts. US1YRBILLS WTI CRUDE SILVERUSD BONKCOIN TSLA
OANDA:XAUUSDLong
by Mikhiavelli
3
Gold is heading to 2340 zone(8/5/2024)in our last analysis, we predicted the gold move correctly, the price overlapped the 2450$ and moved back quickly even though the weak NFP data couldn't make significant changes. after the NFP data, the market made a bearish candle and for now is aiming for lower prices. For now, we are expecting the price to move in the C wave. In this case, the final wave will be around the 2340 area. If you like it, then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
OANDA:XAUUSDShort
by fortunamarkets
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY 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
TVC:GOLDLong
by TheGrove
5
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel. The chart broke through the dynamic Resistance line, which now acts as support. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY 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
TVC:GOLDLong
by TheGrove
2
Gold is heading to 2450 zone(07/31/2024)in our last analysis, we predicted the gold move correctly, For now, after a long correction, we are expecting the price correct some of the losses as B wave. In this case, the final wave will be around the 2450 area. If you like it, then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
OANDA:XAUUSDLong
by fortunamarkets
XAU/USD 31 July 2024 Intraday AnalysisH4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a swing BOS, printing an all time high. After BOS/iBOS price is expected to pullback. Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same. H4 Chart: M15 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price has printed a bullish iBOS After iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH. Bearish CHoCH has been printed which indicates bearish pullback phase initiation and internal range. Intraday expectation: Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAU/USD Outlook ICT ConceptsGold (XAU/USD) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAU/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: After sweeping the previous month's high and the buy-side liquidity (BSL) above it, the price displaced lower. 📍 Current Market Overview: The current price is around 2393.475. We need one of the key levels, such as the previous week's high or low, to be taken to discuss the big picture trend. 🔍 Identifying Key Levels: PMH: Previous Month High PWL: Previous Week Low PWH: Previous Week High BSL: Buy-Side Liquidity Minor BSL: Minor Buy-Side Liquidity EQL: Equal Lows Daily FVG: Daily Fair Value Gap, highlighting areas of imbalance on the daily timeframe 4H FVG: 4-Hour Fair Value Gap, highlighting areas of imbalance on the 4-hour timeframe 📊 Key Considerations: Current Price Position: The price is trading around 2393.475, with a recent sweep of the previous month's high and the BSL. Key Levels Swept: The price displaced lower after sweeping the previous month's high and BSL. Potential Retracement: We can expect the price to sweep the Minor BSL and tap into the 4H FVG, then continue lower. If the 4H FVG fails to hold, we wait for the previous week's high for confirmation. 📈 Bearish Scenario: Given the current price action and key considerations, a bearish scenario is possible if the following conditions are met: Sweep of Minor BSL: After sweeping the Minor BSL and tapping into the 4H FVG, we can expect the price to continue lower. Failure of 4H FVG: If the 4H FVG fails to hold, wait for the previous week's high to be taken before reassessing. 📉 Bullish Scenario: A bullish scenario is likely if the following conditions are met: Sweep of PWL: The previous week's low needs to be taken, or at least a lower time frame resistance sell-side liquidity should be taken, to consider long positions. 📊 Chart Analysis Summary: Bearish Expectation: The expectation is for the price to potentially sweep the Minor BSL and tap into the 4H FVG, then continue lower. If the 4H FVG fails to hold, wait for the previous week's high. Bullish Expectation: For a bullish scenario, the previous week's low needs to be taken, or at least a lower time frame resistance sell-side liquidity, before considering long positions. 🙏 Thank you for joining us! Exploring XAU/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
OANDA:XAUUSD
by RealArmin
XAUUSD - 1H a modest rise before more fallOANDA:XAUUSD I anticipate a modest rise in gold prices from the current support levels, which should serve as a pullback before a further decline. The technical analysis indicates strong support at the bottom of the trading range and the current support level, suggesting a temporary upward movement. In the political arena, recent news that President Joe Biden has dropped out of the presidential race has significant implications. Vice President Kamala Harris has been introduced as his successor, altering the dynamics of the upcoming election. This shift has also led to a decrease in former President Donald Trump’s chances of reclaiming the White House. These political developments add a layer of uncertainty that typically benefits gold, a traditional safe haven asset.
OANDA:XAUUSDLong
by Sober_Trading
XAU/USD Outlook ICT ConceptsGold Analysis (XAU/USD) 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAU/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡Previous Analysis Review: In the previous analysis, we expected the price to expand higher, which it did, followed by a strong sell-off. 📍Current Market Overview: Currently, the price is around 2,401.075. We can foresee the price potentially sweeping the previous week low and tapping into the daily Fair Value Gap (FVG) below. After this, a retracement higher to fill out the imbalances left after the sell-off is likely. 🔍 Identifying Key Levels: The chart highlights several significant levels and zones influencing the current market behavior: ATH (PWH): All-Time High (Previous Week High) PWH: Previous Week High PWL: Previous Week Low PML: Previous Month Low BSL: Buy-Side Liquidity SSL: Sell-Side Liquidity Daily FVG: Daily Fair Value Gap BRK: Breaker MSS: Market Structure Shift 📊 Key Considerations: Current Price Position: The price is trading around 2,401.075, after sweeping the previous week high and experiencing a strong sell-off. Daily FVG: The Daily Fair Value Gap is expected to act as a significant support zone if the price reaches it. SSL Levels: These levels below the current price are significant areas to watch for a potential retracement and liquidity grab. 📈 Bullish Scenario: Given the current price action and key considerations, a bullish scenario is possible if the following conditions are met: Sweep PWL: The price may sweep the previous week low (PWL). Daily FVG Tap: A potential tap into the Daily Fair Value Gap (FVG) could provide support. Retracement Higher: After sweeping the PWL and reacting at the Daily FVG, we can expect the price to retrace higher to fill out the imbalances left from the sell-off. 📉 Bearish Scenario: A bearish scenario should be considered if the following conditions are met: Minor Buy-Side Liquidity Taken: For any short case scenario, we need minor buy-side liquidity (swing points) to be taken first. Continuation Lower: After taking out the buy-side liquidity, the price may continue lower. 📊 Chart Analysis Summary: Bullish Expectation: The expectation is for the price to potentially sweep the PWL, tap into the Daily FVG, and then retrace higher to fill imbalances. Bearish Expectation: For a bearish scenario, we need minor buy-side liquidity to be taken out first before considering short positions. Understanding these key levels and the current market behavior helps in making informed trading decisions. 🙏 Thank you for joining us! Exploring XAU/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
OANDA:XAUUSD
by RealArmin