Get started

Xauusddaily

The GOLD market fluctuates strongly after the Non-Farm Payrolls XAUUSD analysis on 05/08/2024: Gold's plunge on Friday, August 2, 2024, from the 2478 zone to 2410-2413 as we predicted. Gold is still expected to correct but without breaking the long-term uptrend structure. Predicting gold could reach the 2800 milestone is entirely possible. Key price zones to watch: 2463-2470, 2390-2396, and 2370-2377. Recommended orders: Plan 1: SELL XAUUSD zone 2465-2467 SL 2471 TP 2462-2450-2430-2396. Plan 2: BUY XAUUSD zone 2394-2396 SL 2390 TP 2399 -2420- 2445 -open. Plan 3: BUY XAUUSD zone 2375-2377 SL 2371 TP 2374-2395-2420-open.
FX:XAUUSD
by wetdyerap
#XAUUSD/GOLD breaks out, is it a long-term buying opportunity?After breaking through the resistance zone of 2430-2433, the current gold price is forming a peak around 245x, with the breakout at 2386 giving gold an upward momentum again. The market is very difficult to trade, and the trading trend for the Europe - US session is BUY. Key price areas to watch are 2428-2432 and 2390-2400. If the price fills this liquidity area, it will be an opportunity for us to target the peak zone of 2480-2484. Recommended orders: Plan 1: BUY XAUUSD zone 2429 - 2432 SL 2426 TP 2435 - 2450 - 2373. Plan 2: BUY XAUUSD zone 2390 - 2393 SL 2387 TP 2400 - 2430 - 2373. Plan 3: SELL XAUUSD zone 2451-2453 SL 2457 TP 2448 - 2440 - 2432 (small volume).
FX:XAUUSDShort
by wetdyerap