XAUUSD / UNDER BEARISH PRESSURE - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
in the last chart reached full target .
Tendency , prices is under downward pressure , until trading below turning level at 2,509$
Downward Condition : With the price holding steady at the current turning level at 2,509$ , it is likely to decline towards the support level of 2,491$. If it stabilizes below this level, it could then reach the next target level of 2,474$ .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 2,509$ , leading to a rise toward the resistance level (1) at 2,519$ . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 2,526$ .
XAUUSD / buy above 2.509$
SL: 2,503$
TP: 2,516$
TP: 2,519$
TP:2,526$
XAUUSD / sell below 2,509$
SL : 2,512$
TP : 2,500$
TP : 2,491$
TP : 2,474$
Tradingrange
XRPUSDT / TRADING BELOW FVG - 4H XRPUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 0.58 .
Downward Condition : With the price holding steady at the current turning level at 0.58 , it is likely to decline towards the support level of 0.55. If it stabilizes below this level, it could then reach the next target level of 0.51 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 0.58 , leading to a rise toward the resistance level (1) at 0.60 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 0.63 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.60 .
RESISTANCE LEVEL (2) : 0.63 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.55 .
SUPPORT LEVEL (2) : 0.51 .
TURNING LEVEL : 0.58 .
XAU has a long term uptrendGold had a stellar week, with a rally on August 17 pushing the precious metal to an all-time high above $2,500 an ounce and, according to experts, the long-term trend is definitely up. The housing data released this morning was so bad that it pushed market expectations even higher. "It really amplified the gold market and the possibility of a rate cut in September will continue to increase
SCA/USDT NEW INCREASE VOLUMESCA/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets.
The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time.
90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin.
GOLD - is it retest?? Or again ATH??#GOLD... well guys a new week with important data's is going to start in few hours.
On chart we have our channel that is most important as you can see in history.
That channel can create a bubble for at least 50 points to eitherside.
So keep close that channel if that is market retest then again drop expect f below that.
But keep in mind that if market enter again in his channel the. Cut n reverse should be my next option.
Good luck
Trade wisely
BEAM scalp - August scalping journey trade Nr. 6Another setup from the livestream is coming into play. Shorting some BEAM here at the retest of this range. Looking for the imbalances to be filled on the downside. Maybe even going under MDay-Mid but let's see. Important news later on so keep that in mind.
Analysis of the Chart:
Retest of the Range:
The chart shows BEAMUSDT retesting a previously established range. This level acts as a potential resistance where the price might reverse.
Break of Structure (BOS):
Several Breaks of Structure (BOS) indicate where the market sentiment has shifted. These points are crucial in identifying the potential continuation or reversal of the trend.
Imbalances and Fair Value Gaps (FVG):
The price has created imbalances or Fair Value Gaps (FVG) on the way up. These gaps represent areas where the price moved quickly without much trading, often revisited by the price to achieve equilibrium.
BTC/USDT READY FOR NEW 62K LEVEL : NEW CYCLE STARTBitcoin is at this moment in an important confirmation zone, if it's able to confirm this in the coming hours this zone, we could see a break trend BTC/usdt with the return to the level of up 60K
If the trend is getting confirmed, then it's short-term since BTC is now at an important level. If this happens we will see a break trend with time.
By this update, we did follow BTC after the drop
BTC has a high chance of returning up to 60K soon. which means a new cycle can get created also.
Trading is risky, trade only depends on your plan, this is not trading advice.
Gold Price Outlook: XAU/USDThe charge of gold can also additionally try and retrace the decline from the month-to-month high ($2478) need to it preserve to shut above the 50-Day SMA ($2369).
Gold Price to Eye Monthly High on Failure to Close Below 50-Day SMA
Keep in mind, the latest pullback withinside the charge of gold emerged following the failed strive to check the July high ($2484) and bullion can also additionally face a bigger correction if it struggles to preserve above the July low ($2319).
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Nevertheless, gold can also additionally preserve to function an opportunity to fiat-currencies as primary imperative banks begin to transfer gears, and bullion re-set up the bullish fashion rom in advance this 12 months amid the risk of a coverage error.
GOLD - At one n single support, holding or not??#GOLD - a perfect move as per our video analysis and congratulations to all,
now we have one n single supporting area that is 2462 around, keep close it because if market hold it then again buying side expected,
but keep in mind guys below 2462 cut n reverse keep in hand.
dont be lazy here.
good luck
trade wisely
Cash flow will pour into gold and gold prices will reach recor hGold is assessed to benefit in the context of increased risks after the incident of former US President Donald Trump being suspected of shooting during an election campaign in Butler, Pennsylvania on July 13. If Mr. Trump wins the election next November, the USD may weaken, thereby also pushing up gold prices.
Macroeconomic data that is no longer bright is the basis for US Federal Reserve Chairman Jerome Powell to recently signal a reversal in monetary policy. Mr. Powell expressed concern about the weakening of the economy and the risk of recession.
In a testimony before the US Congress last week, the most powerful man in the world's financial industry said that the US will cut interest rates and not wait until inflation is clearly heading towards the 2% target.
The USD has recently declined following signals from the Fed, thereby putting pressure on gold.
Gold also increased in price thanks to positive signals from technical analysis. The upward price momentum has been established after precious metals rose quite firmly above the threshold of 2,400 USD/ounce over the past several days. Upward momentum is being confirmed and gold is forecast to set a new all-time high, possibly as soon as this week.
Possible Trading Zone for XAUUSDIn the image of the daily chart, you can see gold and the areas that have imbalance, as a result, when the price returns to these areas, if a signal occurs in the lower time frame, especially one hour and 15 minutes, it will be a good opportunity for profitable transactions with specific targets. It doesn't matter what your setup is for entering a trade, if you see a signal to trade in these areas with your method, enter.
NOTUSDT - Short trade setupNOT surged to an important swing high, where we faced strong resistance. The Fibonacci speed fan perfectly acted as resistance at the swing high, showcasing a textbook low-risk trade setup for an excellent R
short trade.
Given the resistance at the swing high, it looks like we're entering a range-bound phase, building up a trading range. Expect some sideways movement as the market consolidates and prepares for the next move. Using the Fibonacci retracement tool, we identify the Fib 0.382 level as our primary short trade target. This level is crucial as it often attracts liquidity.
If you missed the initial short entry at the highs, there are still great opportunities. Consider shorting at the Point of Control (POC) or at the Fib 0.618 level of the smaller wave. The Fib 0.382 level is also an area where liquidity lies, making it perfect for taking out some long positions built up at the swing high, with a target of the Fib 0.382 level as your take profit (TP) target.
What are your thoughts on this analysis? Did you catch the initial short trade or are you eyeing the secondary entries? Share your insights and strategies below!
GOLD ROUTE MAP UPDATEHey Everyone,
This is an update from the XAUUSD chart idea we shared for this week.
Absolutely smashed !!!!!
We got our retracement into the identified level and then the perfect bounce clearing all our Bullish targets.
Cross and lock above each weighted levels on this idea gave the confirmation for each of our targets, which were hit perfectly.
We are now seeing a break above 2364 with a gap open to 2376. We have already completed this chart idea and due to NFP will not be chasing the bull from the top and will only consider from dips
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 share every week in the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2332 - DONE
2339 - DONE
EMA5 CROSS AND LOCK ABOVE 2339 WILL OPEN THE FOLLOWING BULLISH TARGET
2349 - DONE
POTENTIALLY 2354 - DONE
EMA5 CROSS AND LOCK ABOVE 2354 WILL OPEN THE FOLLOWING BULLISH TARGET
2364 - DONE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
Mr Gold
GoldViewFX
World gold prices soared as the USD cooledWorld gold prices soared as the USD cooled after US Federal Reserve Chairman Jerome Powell made less hawkish statements on monetary policy.
Fed Chairman Jerome Powell expressed satisfaction with the pace of cooling in US inflation over the past year. This is a less hawkish signal about monetary policy.
The DXY index - measuring the greenback's fluctuations against six major currencies - fell from 106 points to 105.4 points on the US market. Gold prices immediately increased.
Investors are betting on the possibility that the Fed will have to consider the possibility that cutting interest rates too late could affect the recovery and growth of the US economy.
GOLD - where is support now? holding or not??#GOLD.. what a perfect move as per our video analysis and congratulations to all.
now on chart we have 2341 around as a immediate supporting area now. guys keep close 2341 now.
if market continue trade above 2341 then again a bounce expected to further day high,keep close you supporting area and dont short until market hold 2341
stay sharp..
good luck
trade wisely
GOLD - one n only support, holding or not??#GOLD... a perfect move is going on according to our video analysis and as you can see market perfectly hold 2 times 2331 32 and dropped.
and our last day supporting area 2321 is still valid guys don't take it easy,
a triangle is also on table. keep close the tringle.
TECHNICAL:
2321 is one of the most important on chart in hour and 4 hours chart. in yesterday market perfectly hold it and now again hat is your area, short only below that area with mentioned tp's
good luck
trade wisely
XAU suddenly increased sharply todayWorld gold spot price stands around 2,321.6 USD/ounce
World gold prices suddenly increased sharply after being "hurt" by a statement from a US Federal Reserve (Fed) leader that caused the USD to increase in price, taking away XAU's significant strength.
The Fed keeping interest rates unchanged for a longer period of time may be enough to control inflation, and the Fed may even raise interest rates further if inflation continues to rise.
Currently, investors are paying attention to the US May inflation report published later this month. They expect that after the report, the direction of gold will be clearer.
XAU plummeted without stoppingXAU dropped sharply in the context of investors being cautious before the US announced important information about the economic situation. Money flows betting on the USD as US Federal Reserve (Fed) officials remain hawkish, determined to step up the fight against inflation.
After each statement by a Fed official, the USD strengthens, thereby putting downward pressure on gold prices.
The USD is also supported by efforts to cut interest rates early by many major central banks in the world, including the ECB of Europe and Canada...
Recently, the USD is not only stable at a high level but also tends to increase in price.
DXY fluctuations lead to gold falling sharplyGold dropped sharply withinside the context of traders being careful earlier than americaA introduced crucial records approximately the monetary situation. Money flows making a bet at the USD as US Federal Reserve (Fed) officers stay hawkish, decided to step up the combat towards inflation.
After every announcement with the aid of using a Fed official, the USD strengthens, thereby placing downward stress on gold prices.
The USD is likewise supported with the aid of using efforts to reduce hobby quotes early with the aid of using many essential important banks withinside the world, along with the ECB of Europe and Canada...
Recently, the USD isn't most effective strong at a excessive stage however additionally has a tendency to boom in price.
BTCUSDT - at his most awaited area, will hold it or not??#BTCUSDT... first of all congratulations to all,
the rest moved exactly as i was expecting and this market area 58000, if tell you about it , it can be the swing area of the market.
if market hold that area then well and good but if the market break it then there is a long sell below.
so guys watch this area carefully and never hold your buying's below this area.
good luck
trade wisely
GOLD- bull run exhaust ? What's next?#GOLD... Well guys market placed 2365 plus as day high in yesterday.
That is our channel neck line as we discussed in our last idea,
And that is our cut n reverse area as we discussed in our video analysis.
So keep close it if market hold it then drop expected from here.
In case market break that area then selling will invalidate and as I told you above 2365 is your cut n reverse area.
Good luck
Trade wisely
SILVER - there is one n only area, again holding??#SILVER - perfect move as per our videoanalysis and first of all congratulationsand now price again at your one of themost important support for today.
That is 29.02 03
Keep close it we told you again n againabout that supporting area if marketclear that level then a smooth dropexpected below that.
Otherwise not at all.
Don't float your buyings below that area.
Good luck
Trade wisely