XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
CHOCH
Completed " 1234 " Impulsive Waves
Xauusdforexsignal
#XAUUSD 1HThe 1-hour analysis indicates that the price is consolidating near the trendline support area. If it closes below 2624.00, we will look for a selling opportunity after a retracement from that zone. Alternatively, if the price reaches 2650.00 directly, we can anticipate a significant drop.
#XAUUSD
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame
Break of Structure
RSI - Divergence
Completed " 12345 " Impulsive Waves
Rising Wedge as an Corrective Pattern in Short Time Frame
Xauusd weekly chart Gold (XAU/USD) preserves its bullish momentum and trades at a new all-time high above $2,610 on Friday. Heightened expectations that global central banks will follow the Fed in easing policy and slashing rates lift XAU/USD.
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Rising Wedge as an Corrective Pattern in Short Time Frame
Resistance Level
Double Top
GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
Demand Zone
Fibonacci Level - 78.60%
XAUUSD GOLDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Consolidation Phase as an Corrective Pattern in Short Time Frame
Break of Structure
CHoCH
RSI - Divergence
Completed " 123 " Impulsive Waves
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12 " Impulsive Waves
Break of Structure and Retracement
Demand Zone
Bullish Channel as an Corrective Pattern in Short Time Frame
CHOCH
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
Break of Structure
Demand Zone
Fibonacci Level - 38.20%
Consolidation Phase
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure and Retest
CHoCH
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Rising Wedge as an Corrective Pattern in Short Time Frame
Consolidation Phase
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Fibonacci Level - 161.8%
Consolidation Phase as an Corrective Pattern in Short Time Frame
Strong Resistance Level
Break of Structure
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame
Completed " 1234 " Impulsive Waves
Break of Structure
Resistance Level
Rising Wedge in STF
CHoCH
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Consolidation Phase
Rising Wedge as an Corrective Pattern in Short Time Frame
Demand Zone
Completed " 12345 " Impulsive Waves
Break of Structure
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bearish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 61.80%
XAU Upcoming Analysis Analysis:
1. Trend Change: The chart shows a sharp rise followed by a pullback, indicating that the strong bullish momentum has paused. The price then experienced some volatility, with lower highs forming after the peak.
2. Support Levels:
• The price tested the 2483.25 area, where it found support before attempting to move back up.
• The price is now approaching the 2497.15 level, which could act as a potential resistance or pivot point.
3. Resistance Levels:
• The peak near 2530.05 marks a significant resistance level.
• Intermediate resistance may be observed around 2506.80 and 2512.50
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Break of Structure and Retracement
Completed " 12345 " Impulsive Waves
Bearish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Fibonacci Level - 38.20%
#XAUConfirming the peak at 2531, adjustment or further increase?Gold analysis on August 21, 2024:
After forming a peak in the 2526 - 2530 region as predicted, gold has experienced a correction to the 2500 area and then rebounded. This is not yet the point enough to create a strong upward trend for gold. The possibility of a deep decline to create momentum is still very high. Prices of 2450 or even 2435 are still expected.
The trading trend today remains SELL.
Key price areas to note:
SELL zone: 2520 - 2525 and 2529 - 2533;
BUY zone: 2502 - 2507 and 2490 - 2495.
Recommended orders:
Plan 1: SELL XAUUSD zone 2521 - 2523
SL 2526
TP 2518 - 2510 - 2500 - 2490.
Plan 2: SELL XAUUSD zone 2513 - 2515
SL 2518
TP 2510 - 2500 - 2490 - 2480.
Plan 3: BUY XAUUSD zone 2490 - 2492
SL 2486
TP 2495 - 2500 - 2510 - 2520.
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
CHoCH
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Fibonacci Level - 361.8%
Completed " 12345 " Impulsive Waves
Break of Structure
#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.
