The Calm Before the Storm: A Waterfall-like Decline is Coming...
Today is Thursday, and with key data releases scheduled for New York trading hours and tomorrow’s much-anticipated NFP and unemployment figures, the market is far from quiet. My advice for today is to focus on selling, despite the possibility of some upward movement. However, from a daily chart perspective, the likelihood of a downturn is much stronger.
The 5-day moving average (MA5) has already turned downward, and it’s just a matter of time before the bearish trend takes hold. When it does, this won’t be just a simple correction like we saw last time. I’m predicting a waterfall-like decline.
Here’s my anticipated price action: a drop to around 2600, followed by a short rebound to approximately 2630, and finally, a deeper plunge to the 2570 region.
Xauusdbuy
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.
XAUUSD 15M BUY PROJECTION 04.10.24Reason for Gold Bullish
It is known to be a “safe-haven” asset, it is expected to increase its value in times of volatility and economic uncertainty. The XAU/USD pair tells the trader how many US Dollar (the quote currency) are needed to purchase one Gold Ounce (the base currency).
PMI - momentum for NF - prepares to increase prices⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices remain supported by escalating Middle East tensions. On Tuesday, Iran fired over 200 missiles at Israel, and early Thursday, Israel launched airstrikes on central Beirut, Lebanon, increasing fears of a larger conflict. This ongoing instability boosts demand for safe-haven assets like gold. Meanwhile, traders are likely holding back from making strong moves, awaiting Friday's key US Nonfarm Payrolls (NFP) report for clearer direction.
⭐️ Personal comments NOVA:
According to the H1 frame - gold prices form an upward trend - NF this week will determine the upcoming trend for Gold - NOVA leans towards upward price momentum thanks to middle east tensions - gold price has more upward momentum
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2644 - $2641 SL $2637
TP1: $2650
TP2: $2660
TP3: $2672
🔥SELL GOLD zone: $2672 - $2674 SL $2679
TP1: $2665
TP2: $2650
TP3: $2641
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAU 10/3 ! break and buy now ! touch old ATH 2681XAU / USD trend forecast October 3, 2024
Gold price (XAU/USD) remains under pressure during Thursday's Asian session due to a stronger US Dollar, supported by reduced expectations of aggressive Fed rate cuts. Wednesday's positive US ADP report highlighted labor market stability, causing investors to further lower their bets on a large rate cut in November. As a result, the USD Index (DXY) reached a three-week high, weakening demand for gold.
Gold price moves in large range - touches H2 downtrend trendline
Upward view based on world war tension in the middle east
/// BUY XAU : zone 2641-2644
SL: 2636
TP: 50 - 100 - 300 pips (2671)
Safe and profitable trading
XAUUSD: The bears are about to strike back
In the past few days, I lost my grandmother, and it has been a deeply sad time. After attending her funeral today, I found myself reflecting on many things. Life is short, and whether we pursue fame or wealth, nothing is as important as the health and happiness of our loved ones. I sincerely hope that everyone here can live a healthy and joyful life, with all your wishes coming true.
Turning back to the gold market, after a significant rally, we’ve seen a pullback to test support before another rebound to resistance, followed by another decline. We’re now at a critical turning point. From the 30-minute chart, we can observe a pattern resembling a double top. If it breaks the trendline, a decline to the $2600 level seems inevitable—there’s no need to doubt it.
My mid-term target remains $2568-$2490, and I believe we may see this play out sooner than expected.
10/2 XAU | USD increased by war conflictXAU / USD trend forecast October 2, 2024
Iran launched ballistic missiles at Israel on Tuesday in response to Israel's actions against Hezbollah in Lebanon, boosting demand for safe-haven gold. Israeli Prime Minister Benjamin Netanyahu vowed Iran would face consequences, while Iran warned of massive destruction in retaliation, escalating the risk of a wider Middle East conflict. Meanwhile, the US JOLTS report revealed a surprising rise in job openings for August, reaching 8.04 million.
/// BUY XAU : zone 2635-2637
SL: 2629
TP: 50 - 100 - 300 pips (2665)
Safe and profitable trading
XAUUSD: Swing Buy Reversal is Coming! From 2450 to 2560! Dear Traders,
WE have an important entry coming up on Gold, possibly the one which will shape the gold market. After creating a record high and touching the 2530 for the first time, price exhausted and started dropping and ranged between the area. However, if we look into it with areas that gold may reverse from, the area that we find attracting is 2440 to 2450 in which we may see a large volume of buy volume kicking in the market. Good luck.
Gold BuyIn my previous anylisis i have seen that gold will touch its support level down there now as time passed it has gain its previous momentum back and moving towards its resistance level now as we can witness that gold has broke its Resistance which became support for now we have seen a retest now as being bullish we are moving towards it Ath resistance level so we are bullish to that level of resistance
XAUUSD BUY ANALYSIS WEEKLY FORECAST Here on Xauusd price has just made an uptrend and there is high chance of reverse to make a support in other to continue it uptrend movement so then entry point should be around 2621.705 and 2599.881 with stoploss of 2583.324 and the targeting profit should be 2640.520 for TP1 and 2668.365 for TP2 and 2696.963 for TP3 . Use money management
Xauusd buy On the flip side, the $2,670-2,671 area now seems to act as an immediate hurdle ahead of the $2,685-2,686 zone, or the record high touched last Thursday. This is closely followed by the $2,700 round figure, which if conquered will be seen as a fresh trigger for bullish traders and set the stage for an extension of a multi-month-old uptrend.
Gold now buy 2656
Support 2680
Resistance 2630
XAU ! 9/27 waiting for 2700 increaseXAU / USD trend forecast September 27, 2024
The US Dollar is struggling to extend Wednesday's recovery due to dovish Fed expectations, which continue to support Gold prices. Although some Fed officials have pushed back against aggressive easing, markets are still anticipating a 50 basis point rate cut in November. Fed Chair Jerome Powell’s speech on Thursday will be closely watched for guidance on future rate cuts and the direction of XAU/USD. Key US data, including Q2 GDP, Jobless Claims, and Durable Goods Orders, along with comments from other FOMC members, may also influence the market.
Based on M30, Uptrend still dominates long-term frames H1, H4
/// BUY XAU : zone 2655-2652
SL: 2647
TP: 50 - 150 - 300 pips (2682)
Safe and profitable trading
2702 ! XAU/USD offers the most positivity ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) edged lower during Friday’s Asian session but remains close to the recent record high. The US Dollar (USD) recovers some of its previous losses as traders adjust positions ahead of the US Personal Consumption Expenditure (PCE) Price Index release. This, combined with a positive market sentiment and overbought signals, creates pressure on gold.
However, expectations of more aggressive rate cuts from the Federal Reserve (Fed) may limit any significant USD gains. Additionally, ongoing geopolitical tensions in the Middle East continue to support safe-haven assets like gold, helping to cushion its decline. Traders await the US inflation data, which could impact the Fed's rate-cut plans and drive gold’s next move.
⭐️Personal comments NOVA:
Friday with PCE news brings gold's strongest week of gains - ATH target reaches 2702
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2655 - $2653 SL $2650 scalping
TP1: $2660
TP2: $2670
TP3: $2680
🔥BUY GOLD zone: $2642 - $2640 SL $2635
TP1: $2655
TP2: $2662
TP3: $2670
🔥SELL GOLD zone: $2701 - $2703 SL $2708
TP1: $2690
TP2: $2680
TP3: $2660
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Holding Strong: Why It's Time to Bet on Gold's Decline
There isn't much to add—I'm currently stuck in a short position on gold, but I remain convinced that a downturn is imminent. The 4-hour chart shows a clear bearish divergence, and I don’t believe it will break through the $2700 mark easily. As a result, I’m consistently increasing my short positions, waiting for the profit window to open.
Trust me, buying in at this level is as foolish as selling below $2610.
If you're holding short positions, stay firm. If you're holding long, it might be time to take profits. Greed rarely rewards anyone in the long run in the markets.
XAUUSD: Are We Heading Towards $2700?Dear Traders,
XAU touched $2400 region and then left a strong wick, the fundamental site has strong support for the gold to continue the bullish move due to the current war like scenario happening in the world. However we can enter a buy entry at our target area and target 500 pips at least from the entry. Good luck
XAUUSD: +400 PIPS Intraday Opportunity! Dear Traders
Gold has created a record higher high after touching 2670, price has made a minor correction after that, however, in our opinion it was a small correction due to liquidity emerged as the London Session opened. We think from current trending price we can see a clean move towards 2700$. Good luck.
XAUUSD: How long can the bull market sustain its momentum?
Amid escalating geopolitical tensions and the Federal Reserve’s rate cuts, gold has been on a persistent upward trajectory. After breaking through the key 2600 level, it is now approaching the 2700 mark. Over the past couple of days, it has consolidated above 2650, leaving short positions severely pressured. While bulls celebrate, bears are licking their wounds. I believe that after enduring this challenging phase, bears will stage a strong, retaliatory comeback.
Thus, the best strategy now is patience. Wait for the right moment—if you’ve missed the bull's rally, don’t miss the bear’s counterattack.
9/25 ! XAU increased strongly ! New ATH 2682XAU / USD trend forecast September 25, 2024
Following the data release, US Treasury yields fell slightly, with the 10-year note dropping to 3.73%. The US Dollar Index (DXY) also declined by 0.42%, hitting a two-day low of 100.48. Fed Governor Michelle Bowman, known for her hawkish stance, emphasized significant inflation risks and supported a gradual approach to rate cuts to avoid reigniting inflation.
Based on M30, NEW ATH to set up SELL signal
/// SELL XAU : zone 2681-2684
SL: 2689
TP: 50 - 150 - 300 pips (2654)
Safe and profitable trading
Xauusd buy confirm signal Gold price (XAU/USD) pulls back after refreshing a record high on Wednesday and touches a daily low, around the $2,655 area heading into the European session. The prevalent risk-on mood, along with slightly overbought conditions on the daily chart, prompts some profit-taking and exerts pressure on the precious metal amid a modest US Dollar (USD) uptick. Any meaningful corrective slide, however, seems elusive amid bets for a more aggressive policy easing by the Federal Reserve (Fed). This should act as a headwind for the USD and could offer support to the non-yielding yellow metal.
Gold now buy 2656
Target 2700
XAUUSD WEEKLY ANALYSIS 4HRS TIMEFRAMEXauusd is likely to keep moving up but there is a probalilty to make a pull back before continue going upward so is very important to keep watch the market till is make a strong support before considering of buying . So entry level for buy should like 2584.690 - 2569.669 with a traget profit of 2610.374 and 2650.453. Use money management