GOLD Bullish Breakout!GOLD was going
Down but now we are
Seeing a bullish breakout
From the wedge pattern
So we are locally bullish
Biased and we will be
Expecting a local move up!
Xauusdlong
XAUUSD 15-Min Analysis: Testing ResistanceThe chart shows the XAUUSD (Gold/US Dollar) pair on a 15-minute timeframe. The market is currently trading around 2516.76, where price is approaching a critical resistance level and showing potential for a pullback or continuation of its bullish move.
Key Observations:
Resistance Levels:
The price is approaching a significant resistance zone between 2528.99 and 2530, where the price is expected to face selling pressure.
A breakout above this resistance would confirm further bullish movement, but rejection here could lead to a correction.
Support Levels:
Immediate Support: The price may retrace to the 2511 support area before any significant move upward.
Deeper Support: If the price breaks below 2511, further support is found around 2500.
EMA Structure: The EMAs (20/50/100) are aligned bullishly, showing continued upward momentum, but a potential short-term correction is also possible as the price tests resistance.
RSI Indicator: The RSI is hovering in the overbought territory at 70.78, indicating that the price might see a pullback before attempting to break the resistance level.
Expected Price Movement:
Bullish Scenario: If the price breaks through the 2528.99 resistance, it could push higher towards new highs, with a bullish continuation pattern forming.
Bearish Scenario: In case of rejection at resistance, the price may correct down to the 2511 support, and potentially as low as 2500 if bearish momentum increases.
This setup offers both bullish continuation and potential retracement opportunities, depending on how the price reacts to the current resistance level. Traders should watch for either a breakout or a pullback to support before committing to a position.
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Demand Zone
Bullish Channel as an Corrective Pattern in Short Time Frame
CHOCH
XAUUSD: The recent low has been confirmed, buy boldlyYesterday, the price of gold bottomed out and rebounded after falling to 2473. Now the price of gold has come here again. I think the low point of this decline is likely to be here.
From the 4H chart, we can see that the range of 2470-2480 is the key resistance level that has not been broken in the previous many attacks. After breaking, it has turned into support.
At the same time, during the correction last month, it also played a key supporting role, and its support strength has been verified yesterday and just now.
In addition, the important data ADP and NFP data this week will not be released until the next two days, so it is unlikely to fall below this key support level before the data.
Trading strategy:
Since we have determined the short-term low, the choice for us is very clear. Buy in the range of 2470-2480. The first target is 2500-2505, and the second is 2520-2530.
I have bought at 2480 and added positions at 2475. Now I can wait for the rise with peace of mind.
GOLD +680 Pips 0 Drawdown , New Entry Valid To Who Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
WILL GOLD AGAIN MAKE A ATH?Hello guys After Some Time I'm back Again.
So Gold Has make A Massive Move Last Week And This Week As Well. And Yesterday Was Quit Rush Day. Daily Candle Has Sweep Daily Low Liquidity And Fly Higher. If Gold Can Breck 2504 With Today Day Candle Cold Could Possible to Reach 2512 - 2514 Zone (Swap Zone)then market will Decide what is the direction is.
will See Guys. this Is A High Probability To Reach 2512 Zone As i Can See
GOLD BULLISH OUTLOOK The technical indicators suggest a strong buy signal, reflecting bullish sentiment. This is supported by moving averages, which also point towards buying opportunities.
Despite some fluctuations, with the day's range between $2,472.02 and $2,500.20, gold is showing resilience around the $2,496 level. The market is currently responding to economic data and broader market sentiment, which could keep gold prices buoyant in the short term.
Gold is likely to maintain its upward momentum today, potentially testing higher resistance levels. However, watch for any sudden changes due to economic news or shifts in market sentiment.
Long USOIL, short XAUUSD
It's Thursday, and today is expected to be a highly volatile day in the markets. OIL has the EIA data release, while gold will be affected by the ADP employment report and initial jobless claims data, both of which will likely have a significant impact on price movements.
Based on the already released API data, the upcoming EIA data is highly likely to be bullish for OIL. Therefore, the primary trading strategy today should focus on buying on dips. As I previously pointed out, both candlestick patterns and other indicators show clear signs of a bottom formation in oil prices. So, barring any unexpected events, today should be a day of gains.
As for gold, with two important data releases today, I expect one to be bullish and the other bearish, primarily setting the stage for Friday’s NFP report. Therefore, today's trading range is expected to widen, with resistance around the 2506-2514 zone and support in the 2468-2452 region.
From an overall perspective, short positions at higher levels offer better risk/reward potential. Hence, today's strategy should be to short first, then look for long opportunities on a pullback, and once the market rebounds, resume short positions after the upward move.
Silver SellXAGUSD has confirmed its sell mode and going to have a dive again we are having a counter trendline waiting upside which will be most probably rejected and the price will continue to move in its bearish direction ⬇️
Also the confluence is that price is moving under 50 SMA on 1 Hourly TF so we are over all according to our time frame so we will have a bearish trade based on price action confirmation
We are watching price closely before taking any other decision
XAUUSD I Bearish USD Jolts Jobs Report I Bullish Breakout Welcome back! Let me know your thoughts in the comments!
** XAUUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
XAUUSD: SELL@ 2503-2513
Gold is still under pressure near 2509, and the current indicator tends to be short. Since the resistance has not been broken, the focus is temporarily on the support level, with short trading as the main focus. If it falls below 2486, consider 2479-2471
Will Gold Bounce or Slide!hello traders!
Our analysis suggests that gold is likely to be a buy if it breaks out above the resistance level of 2496-2497 and subsequently retests this level as support. On the other hand, if gold breaks down below the support level of 2492-2491 and then retests it, we may consider a potential sell opportunity.
GOLD, raid for liqudity! Ver thik, her ek kom!Gold just took liquidity from the previous day's low (PDL) and previous week's low (PWL). It had the first market structure (MS) shift on the 15-minute chart, and now, after some consolidation and testing of the 15-minute order block (OB), it will most likely continue higher to take out liquidity from the equal highs (EQH) in the 2528-2531 area (which also includes the previous month's high (PMH) and previous week's high (PWH)). This aligns with the monthly theory that suggests price manipulation at the beginning of the month, followed by the real move during the 2nd and 3rd weeks of the month.
I would wait until the price moves higher to the 2507 area, breaks above it, and closes on the 15-minute chart with the candle body above the London open high (LOH). Only then would I open a long position targeting the previous week's high (PWH).
Always follow risk management: after a 1:1 risk-to-reward (RR) move, adjust the stop-loss to the entry point. At 1:2 RR, either take full profit (TP) or trim 80% of the position.
BUY XAUUSDAs you can notice on the chart, we have the market now playing ayound the Sell Stops area, our entry, TP and SL are gonna be on the levels shown on the chart.
Follow fore more!
Continued correction from the level. Time to sell from the levelContinued correction from the level. Time to sell from the level.
The gold market is currently characterized by high volatility and uncertainty. Gold is trading at levels that can serve as both support and resistance, depending on macroeconomic factors such as inflation, interest rates and global economic instability. Investors will turn to gold as a safe haven amid the risks associated with financial markets. Analysts are watching how gold prices react to news of changes in central banks' monetary policies, which could affect its value in the short and long term. There is also interest in gold as a hedge against a potential recession.
Gold rebounds and continues to shortGold's 4-hour moving average is still turning. If it goes down, then the downside of gold will increase. The resistance of gold's 4-hour moving average is now around 2407. Gold rebounds and continues to be under pressure from the moving average resistance. Gold continues to be short. Gold is just rebounding now. Don't mistake the rebound for a reversal. Gold shorts are not over yet. Gold rebounded in the afternoon, but did not break through yesterday's high, and it fell under pressure. There are still many resistances above. Gold rebounded to 2505-07 and went short directly!
From the 4-hour analysis, today's upper resistance is focused on yesterday's opening point of 2507-12. Intraday pullbacks will rely on this position to continue to focus on shorts and look for a decline. The lower target will continue to break the bottom. In the short term, the dividing line between the long and short strength of gold prices will focus on the 2515 mark. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity, and the main tone of participating in the trend should be maintained.
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.
Trading signals GOLD september 3Support: 2485 – 2,471 USD
Resistance: 2,513 – 2,531 - 2550 USD
SELL XAUUSD PRICE 2551 - 2549⚡️
↠↠ Stoploss 2555
→Take Profit 1 2544
↨
→Take Profit 2 2539
SELL XAUUSD PRICE 2512 - 2514⚡️
↠↠ Stoploss 2517
→Take Profit 1 2505
↨
→Take Profit 2 2495
BUY XAUUSD PRICE 2484 - 2486⚡️
↠↠ Stoploss 2479
→Take Profit 1 2489
↨
→Take Profit 2 2494
BUY XAUUSD PRICE 2470 - 2472⚡️
↠↠ Stoploss 2467
→Take Profit 1 2475
↨
→Take Profit 2 2494
⚡️Psychology, discipline and capital management are the three factors that make victory possible.⚡️
Gold entered into a bearish structure after breaking channelHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Buy Gold (Xau/Usd) ChannelThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2497, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2522
Stop-Loss: To manage risk, place a stop-loss order below 2489. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
xau usdxau usd buy now its good chance . Support area + positive head and shoulders pattern and we are at the right shoulder .
xauusd buy setupAs we have a CHoCH in 30m TF, I think this area has its potential to set a buy order.
Please consider the risk management.
#XAUUSD: 692+ PIPS Massive Buying Opportunity! OANDA:XAUUSD
692+ pips buying opportunity from the current price region, we can see straight upside movement towards 2558$ price range. Good luck
