Xauusdforex
#XAUUSD Medium-term GOLD trends, new peaks, opportunities, risksGold analysis 19/08-23/08/2024:
Last week, gold broke through the previous peak at 2484 and closed the candle at 2508. The likelihood of gold creating a new peak around 251x is very high. After forming the peak, gold will likely experience a significant correction. The price has a high chance of returning to the 242x area, which serves as a momentum-building phase to continue the uptrend.
The main trading direction for this week will be BUY.
Key price areas to watch: 2510 - 2520, 2477 - 2481, 2498 - 2505, 2424 - 2435.
Recommended orders:
Plan 1: SELL XAUUSD zone 2515 - 2518
SL 2521
TP 2507 - 2500 - 2490 - 2480.
Plan 2: BUY XAUUSD zone 2477-2480
SL 2474
TP 2485 - 2495 - 2505.
Plan 3: BUY XAUUSD zone 2424 - 2427
SL 2421
TP 2432 - 2450 - 2480 - 2567.
#XAUUSD/H4 Model 2 peaks appear, gold's correction rhythmAnalysis of the gold trend in the Asia-Europe session on 14/08/2024:
After forming a double bottom pattern at 2380, gold experienced a nearly 100-point increase. Yesterday, the PPI did not help gold break through the resistance zone of 2473-2475. If gold breaks the area of 2458-2460, it will officially confirm the double top pattern.
However, today's CPI is still a mystery. Is this a correction phase or just a fake breakout? The long-term trend remains a BUY, but short-term SELL trades can be made at the peak area.
Key price levels to watch: 2473-2475, 2444-2447, and 2430-2434.
Recommended orders:
Plan 1: SELL XAUUSD zone 2473 - 2475
SL 2479
TP 2468 - 2458 - 2445.
Plan 2: BUY XAUUSD zone 2444-2447
SL 2441
TP 2455 - 2468 - 2485 - 2509.
Plan 3: BUY XAUUSD zone 2430-2433
SL 2427
TP 2444 - 2458 - 2468 - 2509.
XAUUSD - GOLD - Scalping Mode! 12th AugLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
#XAUUSD/H4 CPI today determines the long-term trend of GOLD.Analysis of the European - US session on August 13, 2024:
On the second day, we have seen a strong increase in all sessions. Gold has approached the old peak area.
Today's CPI news will determine whether a triple peak pattern will form and whether there will be a deep correction. A reversal creating a peak has appeared on H4. The trading trend today is mainly BUY. But caution is required in sensitive price zones like this.
Price areas to watch: Zones 2430-2434; 2444-2447 and 2481-2486.
Recommended orders:
Plan 1: BUY XAUUSD zone 2430-2433
SL 2427
TP 2440 - 2450 - 2470.
Plan 2: BUY XAUUSD zone 2444 - 2447
SL 2441
TP 2452 - 2460 -2470.
Plan 3: SELL XAUUSD zone 2483 - 2486
SL 2492
TP 2475 - 2450 - 2430 - open.
XAUUSD: 1HR VIEW Targeting $2300! Second Entry UpdateDear Traders,
Price has shown some strong bearish pressure as it failed to go beyond 2408, where it ranged for entire London and New York session. We waited until now to have some strong confirmation of how price may move. We are now confident enough to have a bearish outlook on Gold. If you like the idea then like and comment. Previous idea is running +400 pips. Keep supporting and good luck to everyone. Trade safe.
XAUUSD - GOLD - Scalping Mode! 7th AugLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Xauusd sell confirm signal In the near term, XAU/USD is neutral. The 4-hour chart shows a bearish 20 SMA keeps heading south below the current level after crossing below a flat 100 SMA. The 200 SMA, in the meantime, provides dynamic support at around $2,385.00. Finally, technical indicators have bounced from their recent lows but turned flat within neutral levels, somehow suggesting absent buying interest as per XAU/USD holding just below their midlines.
Support levels: 2,385.00 2,372.90 2,366.00
Resistance levels: 2,411.20 2,424.10 2,438.80
Gold now sell 2389
Target 2385
Target 2380
Target 2360
Sl 2411
GOLD: 1 HR View, Let's see how it goes! Dear Traders,
We have two possible sell entries first one is risky where we can see price reversing from current trading price. However, it can be riskier, there is safe entry that you can take when price to small upside correction and then continue to drop.
Good luck and trade safe.
XAUUSD - GOLD - Scalping Mode! 5th AugLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
XAUUSD Forecast ( Weekly )Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves creating Bullish Channel as an Corrective Pattern in Short Time Frame for Trend Reversal. Strong Divergence in RSI. If it Breaks Demand Zone with Strong Bullish Price Action then Possible it will Break all time High otherwise we can expect a Great Impulse ( Bearish )
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.
XAUUSD - GOLD - Scalping Mode! 29thth JulyLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!