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Xau-usd

GOLD 4H / Gold Futures Rise Amid Positive Long-Term OutlookGold Futures Rise as Long-Term Outlook Remains Positive Technical Analysis: Gold Current Outlook: It tries to reach 2420, and the price will consolidate between 2397 and 2420, Bullish Scenario: Stability above 2397 could extend the bullish trend towards 2420 and breaking of 2420 will get 2428 and 2466 Bearish Scenario: Stabilization below 2420 could support a decline to 2408 and should break 2397 to be downward till 2387. Key Levels: - Pivot Line: 2408 - Resistance Levels: 2420, 2428, 2450 - Support Levels: 2397, 2387, 2378 Today's Expected Trading Range is between 2397 and 2450 Tendency: Bullish trend Volume with some correction.
OANDA:XAUUSDLong
by SroshMayi
Could price reverse from here?The Gold (XAU/USD) is falling towards the pivot which acts as a pullback support and could potentially reverse to the 1st resistance which has been identified as an overlap resistance. Pivot: 2,378.49 1st Support: 2,354.61 1st Resistance: 2,421.83 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDLong
by ICmarkets
Fears Fail to Keep Gold Above $2,400: A Temporary Dip? Gold has slipped below the $2,400 mark even as geopolitical tensions possibly escalate, with Israel bracing for potential retaliation from Iran. US intelligence indicates the response could come late Thursday or Friday. Market attention is also directed towards the upcoming Initial Jobless Claims data, due on Thursday, which investors hope will provide further information about the labor market. Perhaps in an attempt to calm the volatility seen at the beginning of the week, San Francisco Fed President Mary Daly said Tuesday that “none of the labor market indicators she looks at are flashing red at present ...”. Perhaps adding to the downward pressure on gold, major Asian central banks appear to have paused their physical gold buying sprees. Reports from the World Gold Council indicate that China has abstained from buying the precious metal for the third consecutive month. Technically, if the XAU/USD continues its downward trajectory, the next support level could lay at the 50-day and 100-day Simple Moving Average. Further declines could test the May 3 low of $2,277.
BLACKBULL:XAUUSD
by BlackBull_Markets
Potential bullish bounce?XAU/USD is falling towards the support level which is a pullback support and could reverse from this level to our take profit. Entry: 2,355.76 Why we like it: There is a pullback support level. Stop loss: 2,321.23 Why we like it: There is a pullback support level which lines up with the 127.2% Fibonacci extension. Take profit: 2,393.02 Why we like it: There is an overlap resistance level which lines up with the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDLong
by VantageMarkets
Gold will continue to move up to resistance levelHello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price entered to downward channel, where it at once fell to the resistance level, which coincided with the seller zone and broke it. Then XAU continued to decline and fell to the 2385 support level, which coincided with the buyer zone, but at once rebounded and rose to the resistance line of the channel. After this movement, the price turned around and dropped lower than the 2385 level, breaking it, after which it made impulse up and broke the 2385 level one more time. Also, the price exited from the downward channel and later started to grow inside the upward channel, where it soon reached the resistance line. Later, Gold reached the 2460 level, broke it, and even rose a little higher than the seller zone, but after which the price dropped until to buyer zone, thereby breaking the 2460 level one more time and exiting from the upward channel also. Then price made a fake breakout of the support level and now it rising. So, in my mind, Gold can make little correction and then continue to move up to the 2460 resistance level. For this case, the 2460 resistance level is my TP. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDLong
by LegionQ8
1
Gold Rebounds Amid Geopolitical Tensions; Metals Market MixedMixed Metal Prices Amid Rising Tensions Gold prices are inching upward, recovering about half of Monday's losses, as tensions escalate over potential Iranian retaliation against Israel. Following the death of Hamas leader Ismail Haniyeh last week, Iran has openly vowed retribution, stoking concerns of an imminent attack. Global conflicts and political instability often increase gold demand as governments and individuals seek to protect their wealth. Gold Rises After Monday's Stock Selloff Technical Analysis: Gold Current Outlook: Gold prices are consolidating between $2,420 and $2,397, with a bullish trend likely if prices break above $2,428. Bullish Scenario: - Stability above $2,420 could extend the bullish trend towards $2,428. - A break above $2,428 could target $2,450 and $2,475. Bearish Scenario: - Stabilization below $2,416 could support a decline to $2,407. - A break below $2,397 could push prices downward to $2,378. Key Levels: - Pivot Line: $2,416 - Resistance Levels: $2,428, $2,450, $2,475 - Support Levels: $2,407, $2,397, $2,378 Today's Expected Trading Range: The price is anticipated to fluctuate between the support level at $2,397 and the resistance level at $2,450. For the wider metals complex, demand concerns from China and rising global inventories have further pressured prices, contributing to the overall mixed performance in the metals market.
OANDA:XAUUSD
by SroshMayi
Could the price reverse from here?The Gold (XAU/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support. Pivot: 2,421.62 1st Support: 2,375.32 1st Resistance: 2,455.69 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
Sell Gold (Xau/Usd) BreakoutThe XAU/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 2430, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2385.50 2nd Support – 2358 Stop-Loss: To manage risk, place a stop-loss order above 2480. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
62
XAUUSD 4/8/24This week in gold, we have the potential for another sell-off through trendline liquidity, as we’ve seen before. However, all price action is trending upwards, making this our main scenario. As shown on our chart, we have a liquid high that is close to the current price, with liquidity built up below the lows. We know that on a high timeframe, we are strongly bullish. The price tested last week’s high and then fell significantly, indicating a potential pullback before the high is taken. Key points to note include the heavy sell-off from the supply area, leaving an untapped supply zone, and creating the first sell-side imbalance during the upward trend. This suggests a chance for price to hold and potentially drop below the trendline mark. If this occurs, we will look towards the demand area shown on the chart in red. We will monitor this area to see if it pushes the price back into the higher timeframe trade alignment or fails, leading to a sell-off and a change in our bias on the given timeframe. If the bullish trend continues, we will monitor the supply area above the current price, expecting it to fail. If it does, we may see a new all-time high for gold. Overall, the price is bullish, so a fallback would be preferable if we aim to take buys from this price section. Watch the trendline liquidity being created below the untapped supply area and the liquid high just above it. Also, if the trendline breaks, watch the demand area to see if it goes higher within our range. Trade safely, stick to your risk management, and follow your plan.
OANDA:XAUUSD
by PipSurfingSociety
Could Gold reverse from here?The price is reacting off the resistance level which is a pullback resistance that aligns with the 127.2% Fibonacci extension and the 78.6% Fibonacci retracement and could drop to our take profit. Entry: 2,452.60 Why we like it: There is a pullback resistance level which aligns with the 127.2% Fibonacci extension and the 78.6% Fibonacci retracement. Stop loss: 2,483.10 Why we like it: There is a pullback resistance level. Take profit: 2,422.48 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:XAUUSDShort
by VantageMarkets
GOLD / AFTER CONSOLIDATION, STILL BEARISH...GOLD Price dropped perfectly as we mentioned in the previous idea, and again pushed toward their resistance which is 2378 For Today again, the price will trade between 2378 and 2356 till breaking, as long as it trades under 2378, the means will continue dropping to get 2356, and the bullish reverse should stabilize above 2379. Bullish Scenario: The price should stabilize above 2379 by closing 4h candle above it, to be a bullish trend toward 2388 and 2397 Bearish Scenario: The price will drop to get 2366 and 2356, by stabilizing under 2378 Key Levels: - Pivot Line: 2379 - Resistance Levels: 2366, 2356, 2342 - Support Levels: 2388, 2397, 2420 Today's Expected Range: The price is anticipated to fluctuate between the support at 2356 and the resistance at 2397, with a bearish inclination as long as it trades under 2379.
OANDA:XAUUSDShort
by SroshMayi
XAUUSD 28/7/24This week, we are looking at some great potential moves in gold. At first glance, it may seem like we have no plans to buy, but we have a much stronger bias for long positions than short ones. The key point is that until we have a clear structural narrative, we simply follow what we see, which currently indicates short moves. We have a clear sign of momentum on the daily timeframe, leading us to think the pullback could continue and go lower into some more key areas. In terms of price moving lower from its current position, we have identified some clean-cut zones of supply to watch. These zones are marked out above the current price. The first zone is the candle responsible for the run of the last major low and the order block that caused a minor reaction, ultimately inducing buys into failing positions. You can see the trend line we have highlighted, indicating the current trajectory for price action. If this trajectory continues, the higher areas of supply might not be tapped into. However, we are looking for a longer move here if the price allows it. Watch the zones above if the price starts to rise. My main move to watch is running the liquidity low above our demand zone and then shifting up, giving us a clear bullish move into the daily high liquidity target. If we turn bullish, this target will be taken. Until we hit either the supply or demand zones, we have nothing to do except wait. Trade safe and follow your rules.
OANDA:XAUUSD
by PipSurfingSociety
XAUUSD - Gold 4HRSimple Trading - Head and Shoulders pattern -PLEASE READ BELOW- Gold has broken from its bullish momentum and is now finding support at 2350. Expect gold to continue to the previous low and make Lower lows. If the Head and Shoulders pattern plays out correctly, 2400 should be the Highest gold goes before reaching the target. Keep in mind that 2 or more candles closes above 2390-2400 could indicate buying pressure. How to trade the pattern: Entry 1 is the 4hr FVG, 2400-2413 as this is a 4hr H&S pattern we look for the next FVG on the same time frame. BULLS: (weekly) Pay attention to the previous week's candle close. Two weeks ago gold week low was 2395. And last week, Gold's weekly low was 2350. The high of last week was 2430. not only was this considered a bearish week, but Gold also made a huge weekly doji candle. Gold price is uncertain on where price should move next. With a Potential bull flag pattern and a triple bottom, GOLD is certainly still long-term bullish. **We are currently in a 1000pips range or 100 points. 2390 -2290 If gold fails to remain bullish over the next couple of days, gold may drop to the previous week's support. BEARS: Respect the Pattern, take sells around 2395-2400. If a 4hr candle breaks above this 50pips zone, more bullish price action may push the price into the 4hr FVG. *These are just my thoughts, not financial advice.
CITYINDEX:XAUUSDShort
by nikdobii
Could price reverse from here?The Gold (XAU/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 2,390.87 1st Support: 2,335.77 1st Resistance: 2,422.88 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAUUSDShort
by ICmarkets
GOLD - Price can reach support line of channel and start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 A few moments ago price bounced from support level and rose to $2387 points, after which entered to wedge. In wedge, price fell to support line, breaking $2320 level, but soon price backed up, breaking this level again. Then it rose to resistance line of wedge, after which made correction to support line and then made strong upward impulse. Gold exited from wedge and later broke $2420 level, after which rose a little more and then started to decline in channel. In falling channel, price broke $2420 level one more time and at the moment, it trades near support line. I think XAU can fall to this line and then bounce up to $2395, which coincides with resistance line of channel. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
2
GOLD Price Consolidation Between 2378 & 2356 with Bearish BiasGOLD Price dropped perfectly as we mentioned in the previous idea For Today the price will trade between 2378 and 2356 till breaking, as long as trades under 2378, the means will continue dropping to get 2356, and reversing should stabilize above 2379. Bullish Scenario: The price should stabilize above 2379 by closing 4h candle above it, to be bullish trend toward 2388 and 2397 Bearish Scenario: The price will drop to get 2366 and 2356, by stabilizing under 2378 Key Levels: - Pivot Line: 2378 - Resistance Levels: 2366, 2356, 2342 - Support Levels: 2388, 2397, 2420 Today's Expected Range: The price is anticipated to fluctuate between the support at 2356 and the resistance at 2388, with a bearish inclination. previous idea:
OANDA:XAUUSDShort
by SroshMayi
Gold (Xau/Usd) H4 Trendline BreakoutThe XAU/USD pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days. Key Points: Sell Entry: Consider entering a short position around the current price of 2405, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2335 2nd Support – 2297 Stop-Loss: To manage risk, place a stop-loss order above 2490. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_TA_TRADING
34
HelenP. I Gold can break resistance level and continue to growHi folks today I'm prepared for you Gold analytics. A few moments ago price declined to the support level, which coincided with the support zone, and at once bounced and tried to grow, but failed and dropped lower this level, breaking it. Then in a short time, Gold rose higher than the 2320 level, breaking it again and some time traded near, after which fell back to the trend line, After this movement, the price rebounded from this line and started to grow and in a short time rose 2391 points, after which made small correction movement. Then price reached the resistance level, which coincided with the resistance zone, broke it, and rose to 2483 points, but soon turned around and dropped to the trend line, thereby breaking the resistance level one more time. But now, XAUUSD trades close to this level and I expect that the price will make a small movement down to almost the trend line and then rebound up higher than the resistance level, breaking it and continuing to move up. That's why I set my goal at 2460 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
2