GOLD H1 Analysis rate cuts decision today big move expected GOLD H1 Analysis rate cuts decision today big move expected
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Xauusdsignal
Gold Forms Triangle Consolidation, Double Top Reversal in Sight?
Yesterday, gold made its first pullback to test support and has now formed a triangle consolidation pattern. I anticipate that today will begin with an upward movement, followed by another test of resistance. However, I believe the resistance will hold, leading to another decline. Eventually, gold is likely to break below the trendline, forming a double top at the highs and triggering a significant bearish reversal.
Is Gold Predicting a 50-Point Rate Cut? Gold surged to an all-time high before pulling back, as investors await the Federal Reserve’s first move to ease monetary policy in over four years.
Traders are pricing in a 67% chance of a 50-basis-point rate cut, according to CME’s FedWatch Tool. Yet, despite growing expectations of an aggressive start to the policy easing, gold has slipped 0.5%, paring last week’s gains to 2.9%.
Could we see more downside in gold if a 25-basis-point eventuates from the Fed? $2,530 could be a potential level of support in this scenario.
Technical indicators, including the Relative Strength Index (RSI), have eased from near-overbought levels but perhaps not enough to suggest a more significant decline in gold prices is imminent.
XAUUSD: The decline is about to begin, have you sold?After gold rose to the high point of 2580-2590, it basically maintained a shock consolidation this week. So far, no new historical highs have been triggered this week.
For now, most investors in the market believe that the Fed's interest rate decision will be a node, but in fact, it is not. I think today's data will be a window for a change.
Because the closer the interest rate decision is, the more people will be eager to close the profitable long orders, which will quickly weaken the long force and give the short force an opportunity to take advantage of the situation.
So I think there is a high probability that there will be a callback before the interest rate decision.
Trading strategy:
Sell in the 2580-2590 area, the target is first to look at the 2550 area, and the second is the previous high 2530 area.
I personally still hold on to the short orders I held last week. After adding positions at high levels several times, the average price is now at 2567. As long as the gold price falls, our trapped orders can be closed at a profit.
Gold Nearing Peak: Time to Short Ahead of Expected Pullback
Gold has reached a high level, and technical indicators are starting to show signs of weakening. I anticipate that we are about to see the final short-term push upward, followed by a return to a downward consolidation trend. Prices are expected to drop below 2550.
The current trading strategy is to initiate short positions, gradually adding more as the price fluctuates, and holding until the downward trend begins.
Gold Stagnates at Resistance: A Breakdown Imminent?
Gold has been consolidating at its high levels for some time, with the resistance zone clearly defined. As long as this resistance remains unbroken, the primary focus should be on short positions. The longer the price consolidates, the sharper the eventual decline is expected to be.
Gold: Will start selling above 2590
Currently, the gold price is at 2584. I believe it should rise to the 2590-2596 range before starting to decline, with a significant drop likely to occur, potentially reaching the 2563 area. Therefore, I plan to initiate a sell position near 2590, with take-profit targets set in the 2573-2561 range.
Gold's price movement could be influenced by market supply and demand, geopolitical risks, and economic data, so I will closely monitor market developments to adjust my strategy as needed.
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear 🤑💰,
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This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 30m timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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GOLD: The 2570-2580 area is likely to be a stage high pointGold finally ended the suppression of nearly a month yesterday, breaking through 2530 in one fell swoop, and the latest high reached 2572.
I mentioned in yesterday's article that if gold does not set a new high in the short term, it may go down, but I didn't expect the impact to be so strong, much more violent than I expected.
Yesterday, my Sell position was still held, with a small position at 2543 and an increase at 2550. Now the price has stabilized around 2570. I am going to add a little more, pull the average price appropriately, and continue to hold a bearish view.
In my opinion, it is impossible to keep setting new highs. From the previous high of 2530 to the current 2570, it has risen by more than 40 US dollars after setting a new high.
According to the previous rising pattern, each time the increase is 50$, so we can conclude that the high point of this rise is likely to be in the 2570-2580 area.
Therefore, we don’t have to worry too much about the short orders we hold. The price of gold is likely to start falling from the 2570-2580 area.
Next, I will continue to update my ideas in my channel for your reference. If you have any ideas, you can ask me directly.
Xauusd sell setupHi everyone.
As you can see we broke that consolidation to the down and now we have a CHoCH in 1H TF and even we have huge amount of divergence in TSI indicator that shows the sellers are coming in.
As this trade is against the direction of higher TF, so it's a risky trade and please set an order with 0.5% of your balance.
Please consider the risk management and let's see what happens...
Gold has not stopped increasing, long-term sell ordersI update you with the price levels to pay attention to when placing orders. For Sell Scalping orders, pay attention to the red levels at the price points 2595 - 2611 - 2620. For Buy points, 2575-2571- 2554 - 2545. These levels have a maximum SL of 3 prices. Never hold on to more than this level and the points around 2530-2526. This is a long-term swing order zone for Buy, which is expected to be received next week, because there will always be a correction wave. Looking at the market today, the daily and weekly frames are both strong forces for Buy to completely dominate. So if there is any Sell today, just scalp for a short time, and Buy is the main one to be safe. Because today, it is only scalping, so I will only show you the price levels on the Futures market because it has higher accuracy than CFD. Because if Buy holds for a long time, you are afraid of hitting the top, but Sell is afraid of being blocked by the ship. Because gold is at a new ATH peak, there will be no good resistance points. Where to Sell, most analysts currently only use Fibonacci as a price barrier, but it is also risky when the market's upward force is as strong as this, I am busy today and tomorrow I will be online in the market with you, so if you trade today, pay attention to the above price levels, these price zones will change every day and need to be updated the next day, I remind you again that if the price reaches the green liquidity points I marked, Buy is safer, and the red points Sell is high risk, if you do not have knowledge or are weak in knowledge, do not pay attention to the red points, because trading against the wave and trend has a very high possibility of loss, the wave is still expanding and has not shown any signs of stopping, so please pay attention.
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World market
At 06:18:28 09/17/2024, the world gold price stopped at 2,582.76 USD, up 3.73 USD/Ounce, (equivalent to 0.14%) compared to yesterday.
Converted according to the current exchange rate at Vietcombank, the world gold price is about 75,918 VND/tael (excluding taxes and fees).
At the beginning of the trading session on September 16 (US time), the world gold price set a new record at 2,588 USD/ounce. However, immediately after that, profit-taking activities of investors caused the gold price to decrease.
Precious metals received optimistic signals from the US Federal Reserve (Fed) at the monetary policy meeting taking place this week. The market is leaning towards the possibility that the Fed will decide to cut 25 basis points.
XAU/USD Correction Anticipation: Key Price Levels & Timing!I expect to see a correction occur when the price is between the two vertical lines or slightly after them. The horizontal price levels show the potential levels the price could reach. So, the two vertical lines indicate the probable time for the price correction.
Of course, there is a possibility that the correction started earlier.
Let’s see what happens!
SpaceIchimoku
Wait for gold to pull back, don’t chase longs for nowGold bulls are rising higher and higher, without any pullback. It's Friday now, so there's no need to chase the rise. Slow rises are often followed by sharp declines, so don't chase the longs easily. Gold is a bit stagnant, short at 2579.
Gold has limited room to rise further. The room for gold to rise further is limited. If you don’t chase the long position at the high level, you won’t be given the opportunity to go long if it doesn’t pull back. So once it pulls back, the magnitude will be huge.
Waiting for Gold's correction! XAU downXAU / USD trend forecast September 16, 2024
Traders lifted bets for an oversized interest rate cut by the Federal Reserve amid signs that inflation in the US is subsiding, which continues to act as a tailwind for the non-yielding yellow metal.
According to the CME Group's FedWatch Tool, the current market pricing indicates over a 50% chance that the US central bank will lower borrowing costs by 50 basis points later this week.
The expectations were fueled by the softer US Consumer Price Index (CPI) and the Producer Price Index (PPI) reports last week, which provided further evidence of easing inflationary pressures.
Based on M45, TRENDLINE to set up SELL signal, wait FOMC news
/// SELL XAU : zone 2603-2606
SL: 2611
TP: 50 - 150 - 200 pips (2586)
Safe and profitable trading
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Is $2600 approaching XAU price?⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) climbed for the third consecutive day, hitting a new all-time high of $2,589 during Monday’s Asian session. Traders are factoring in the possibility of a larger Fed rate cut due to signs of easing US inflation, which has weakened the US Dollar near its yearly low, boosting gold.
Additionally, US political uncertainty and ongoing geopolitical risks continue to support demand for the safe-haven metal. However, a positive tone in global equities limits further gains. Traders are cautious ahead of key central bank decisions from the Fed, BoE, and BoJ this week.
⭐️ Personal comments NOVA:
Gold price is still on the path to increase in price to reach a new ATH - Positive FOMO from the market before the news of interest rate reduction this week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2565 - $2563 SL $2558
TP1: $2572
TP2: $2580
TP3: $2590
🔥BUY GOLD zone: $2551 - $2549 SL $2544
TP1: $2557
TP2: $2563
TP3: $2570
🔥SELL GOLD zone: $2600 - $2602 SL $2607
TP1: $2590
TP2: $2575
TP3: $2560
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
#XAUUSD 15MINOn the lower timeframes, I’m personally looking for a buying opportunity around the support zone of 2580.00 to 2578.00.
Targets: 2585.00 / 2590.00
Avoid placing advance orders for now. Wait for solid bullish confirmation before entering a trade.
Keep in mind, if the price closes below the 2575.00 level, stay away from buying.
#XAUUSD
#XAUUSD 1HBased on the 1-hour analysis, if the price closes below the 2575.00 level, we should consider selling opportunities.
The 2585.00 to 2587.00 range is a key zone for our sellers.
However, avoid placing any advance orders at this time. Wait for strong bearish confirmation before entering a trade.
#XAUUSD
Is Gold HH confirmed ? 4H analysisGold is trading at record high with no sign of bearishness expecting Gold to go Higher High . But we have very important fed minute ahead FOMC , If Fed cuts rate by more than 0.5% will see atleast 2621-2650 and further even 2700.
This idea is valid only if it not breaks 2600 Levels
If rate cuts by only 0.25% we will see some correction but its a buy on every dips market .
Please do check b=my monthly analysis as well.
Don't forget to hit like , if you like my idea.
Disclaimer : Trading involves a significant risk of loss and is not suitable for all investors , This idea is meant for education purpose only , do your own research before risking your account.