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Xauusdforecast

#XAUUSD60 Gold breakout, a new peak emerging?Assessment of the European - American session trend on August 2, 2024: In the Asian session, there was a double peak sweep in gold, affecting our trading plan significantly. The trading trend in the European-American session is still BUY. Today is the 6th day of the W candlestick pattern, with many news events strongly impacting the market. There are two possible scenarios: 1. Gold will have a slight correction from 2468 to the range of 2453-2458 before continuing to rise strongly. 2. Gold may experience another double peak sweep to fill the liquidity area of 2410-2413 due to news events and then rise strongly again. Gold may reach 2484 or form a new peak, which is entirely possible. However, price levels to watch are 2420-2413 and 2453-2458. Recommended orders: Plan 1: BUY XAUUSD zone 2453-2455 SL 2449 TP 2458 - 2468 - 2495. Plan 2: BUY XAUUSD zone 2410-2413 SL 2407 TP 2416 - 2430 - 2473 - floating.
FX:XAUUSDShort
by wetdyerap
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged 1% on Friday as U.S. Treasury yields fell, driven by optimism for a potential interest rate cut by the Federal Reserve in September. Data showed U.S. prices rose modestly in June, giving Fed policymakers fresh evidence of progress in their battle against inflation. The personal consumption expenditures (PCE) price index increased by 0.1% last month, pushing benchmark 10-year note yields to a one-week low. In this video, we analyze the impact of these fundamental dynamics on the Gold market and explore the technical implications on the charts. With the Federal Reserve's monetary policy decision coming up next week, the central bank is expected to keep rates unchanged. However, this meeting could set the stage for the first rate cut in September. What can we expect from the gold market in the coming week? XAUUSD Technical Overview: This week, we're focusing on the crucial $2,390 level. This is a big deal for gold traders - it could be a make-or-break point. If gold stays above $2,390: Bulls might take control, potentially pushing prices higher and setting up new highs. If gold maintains selling pressure below $2,390: Bears might gain the upper hand, and prices could head south respecting the descending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights! #Gold #GoldPrices #FederalReserve #InterestRates #Forex #Trading #MarketAnalysis #TechnicalAnalysis #PCE #USInflation #TreasuryYields #Investing #Finance #EconomicData #ForexTrading #XAUUSD📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
PEPPERSTONE:XAUUSD
by darcsherry
#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
Two major news are about to detonate the gold price market. Two major news are about to detonate the gold price market. Will the follow-up of the attack on the top leader of Hamas detonate the gold price market? Will gold continue to rise if the Fed cuts interest rates? Senior analyst Eddy believes that gold will directly go long on gold prices before the two major news come. Waiting for the market to soar. Hamas's resistance is undoubtedly the fuse that leads to the rise in gold prices. The upcoming Fed interest rate will also drive gold prices up again. So now is still a great opportunity to buy. The current price is at 2421. The battle line is extended. Buy in the range of 2410-2420. Wait for the market to rise. Investors with large funds can buy multiple orders in advance. If your funds are relatively small. Remember to go long in a small position at a stable position. COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
TVC:GOLDLong
by Eddy_Wealth
Will the gold price continue to rise? Yes London market: The attack on Hamas leaders has once again detonated the market. After the gold price fell back to 2405 in the Asian market, the gold price rose again to a high of 2422 because of the news. It is currently fluctuating at 2419. Senior analyst Eddy believes that after the short-term gold price falls, it will continue to rise. Therefore, the main trading method is to buy at low levels. The stable position is 2410-2415. Friends with large funds can consider entering the market at 2419-2417 in advance. TVC:GOLD FOREXCOM:XAUUSD COMEX:GC1!
TVC:GOLDLong
by Eddy_Wealth
XAUUSD 7/29/2024 Is the uptrend over? Looking at H1, we can see that the corrective uptrend may have ended. - The price will continue to move in a downtrend to complete the purple wave C as shown on the chart. During the move to the target price zone of wave C, we see that at the 2374 treble line, this is the previous breakout price zone and has not been retested, so there is still a very strong demand force in this price zone. - We expect the price to bounce back to the 2374 zone, so we will place a BUY order in this zone. Trading plan BUY ZONE: 2376 - 2373 SL: 2366 TP1: 2382 TP2: 2400 TP3: 2410 SELL ZONE: 2314 - 2417 SL: 2424 TP1: 2401 TP: 2382 TP3: 2365
OANDA:XAUUSDShort
by DEEKOP
XAUUSD | GOLDSPOT | New perspective | follow-up detail [22 - 26]Gold prices took a tumble on Friday, dropping over 2% as the US Dollar strengthened and investors took profits after last week's record highs. The precious metal extended its losing streak to three days, closing around the $2,400 level. What drove the dip? 📈 Strong US Dollar: A surge in the USD, fueled by speculation about a Republican victory in the US elections, weighed on gold. 📈 Rising Bond Yields: Increasing bond yields also contributed to the decline, making gold less attractive. But hold on, the story doesn't end there! 🤔 Analysts remain optimistic about gold's long-term prospects: 📉 Fed Rate Cuts: The Federal Reserve is expected to cut interest rates in September, which is bullish for gold. 📈 Market Sentiment: According to the CME FedWatch Tool, markets are pricing in a 98% chance of a U.S. rate cut in September. 🌎 Geopolitical Instability & Central Bank Demand: Ongoing global tensions and central bank buying provide further support for the precious metal. 🔍 What's Next? Gold prices took a hit last week, but is this just a temporary dip or a sign of things to come? This video dives deep into the technical aspects of XAUUSD, offering insights into what to expect in the coming week! Don't miss out on this comprehensive analysis! XAUUSD Technical Overview: This week, we're focusing on the crucial $2,400 level. This is a big deal for gold traders - it could be a make-or-break point. If gold stays above $2,400: Bulls might take control, potentially pushing prices higher and setting up new highs. If gold falls below $2,400: Bears might gain the upper hand, and prices could head south. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights! #GoldAnalysis #ForexTrading #GoldMarket #FederalReserve #TradingStrategy #MarketInsights #USYields #InflationData #EmploymentData #FinancialMarkets #GoldPrice #Investing #TradingTips #ForexEducation #TrumpPolicies #JeromePowell #GeopoliticalStability #CentralBankDemand 📺🔔💼 Disclaimer Notice: Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
OANDA:XAUUSD
by darcsherry