Get started

Xauusdt

What will happen given the tensions?Gold is currently in a descending wedge and has completed its five upward waves, all indicating a bearish price trend. What further confirms this bearish outlook is the bearish divergence in the MACD. If the signal is followed, we will see a price drop. but Do current tensions in the Middle East allow for it ? ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAUUSDShort
by CobraVanguard
GOLD : High Probability of 2700 and Can go Down to 2400 !! As you can see, a Bearish divergence has formed on the weekly timeframe, which means it is time for a price correction , every uptrend has to be corrected, that's the nature of the market. ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAUUSDShort
by CobraVanguard
3
Technical Analysis of Gold Price – Long-Term PerspectiveGold is currently in the peak phase of a major impulsive wave within this cycle, showing no signs of weakness in the short term. The price continues to exhibit a strong upward trend, moving within a clear technical structure. It is important to note that this analysis does not focus on the specific time period but rather on the trend and cycle. This approach offers a clearer understanding of the market dynamics and helps identify the broader direction of the price. Short-Term Pullback Gold is expected to experience a pullback to the zone between $2470 and $2430 before resuming its upward trend. This area represents a key support zone where the market may find renewed buying interest and continue its impulsive wave. Impulsive Wave Toward $2700-$2750 Following the pullback, the price is projected to enter a new impulsive wave, targeting the $2700 to $2750 range. This area marks the next significant resistance level, and a consolidation phase could be expected here. Consolidation and Potential Breakout to $2970-$3000 After reaching the mentioned range, the price might consolidate between $2700 and $2970. The key resistance level is at $2970-$3000, and a breakout above this level could signal a significant price rally. Expected Correction to $2550-$2250 If the market fails to hold above $2970-$3000, a correction towards the support levels between $2550 and $2250 is possible. This correction could present a new buying opportunity before the final impulsive wave begins. Final Impulsive Wave Toward $3500-$3870 The last wave of this cycle could push gold prices to new long-term highs in the $3500 to $3870 range. This phase is likely the final impulsive move before a more substantial correction or long-term consolidation occurs. Time Aspect While the specific time frame is not the focus of this analysis, it is important to highlight that gold is entering a "discovery" phase, where prices are moving into uncharted territory. As a result, price behavior becomes increasingly unpredictable. Therefore, this is a general outlook of gold, with no precise timing provided. Disclaimer: This analysis is provided for educational purposes only and reflects my personal view of the market. I am not a financial advisor, and anyone considering trading or investing should conduct their own analysis or consult with a licensed financial advisor before making any decisions. Trading carries significant risk, and each individual is responsible for their actions in the market.
OANDA:XAUUSD
by RhinoAkaBear
GOLD - Time to buy again!As you can see in the chart, after breaking the wedge, the price fell to the support zone, and from now on, the price can follow the crab pattern and go up. ❤️Stay awesome my friends. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FOREXCOM:XAUUSDLong
by CobraVanguard
2
GOLD will rise by +300% in only 3 years! (Better than Bitcoin)I am pretty confident that GOLD will rise by +300% in price in only 3 years! Is gold a better investment than Bitcoin at this moment? Should you sell BTC and buy GOLD? Definitely yes, and I will tell you why! Gold was in a sideways consolidation period from 2011 to 2024. And this year, in March 2024, the price finally made a strong breakout bullish candle on the monthly chart that changed everything! The big players have a lot of liquidity and then cannot move large amounts of money from one asset class to another with a single order. Also, for them, it's not best to buy all assets at the same time. In 2024, we see that big players are hugely interested in gold again, so this should be your main focus. Why can Gold go 300% in 3 years and Bitcoin cannot? That would be around 210,000 USD per Bitcoin in 2027, and we know that this is impossible to happen as Bitcoin is statistically dropping every third year by 70% - 90%. Of course, big players are using this high volatility to buy cheap Bitcoin and to force retail investors to sell in a huge loss. They will do it again, as it's extremely profitable for them. Most likely, the price of Bitcoin in 2027 will be below 70k! From a technical perspective, on the monthly chart we can see that the price of GOLD is inside this ascending parallel channel (since the year 2000). The probability of touching the top of the ascending channel is very high at this moment. From the Elliott Wave perspective, gold is starting an impulse wave (3)! Usually, waves 3 are the strongest! Another indication that huge news is coming for GOLD.  Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Editors' picks
OANDA:XAUUSDLong
by Xanrox
103
GOLD - last crash, then a new all time high! (buy here)GOLD is probably preparing for a last small crash to the main support of the expanding triangle in the major timeframe. This is a great opportunity to buy GOLD at the bottom of an expanding triangle because it is also in confluence with the 0.382 Fibonacci retracement. This Fibonacci level is very strong together with 0.618 because 0.618 + 0.382 = 1. You can buy gold here, or enter a long position on futures with leverage to increase your potential profit.  You probably know that I am very bullish on GOLD for the next few years and expect at least a double in price. After many years of sideways price action, GOLD finally broke out and made a significant new all time high. GOLD seems undervalued and should go higher.  It's always important to look at the Elliott Wave analysis, as it gives us a better understanding of the whole market structure. Where on the map are we currently? On the chart, you can see an impulse wave (12345) and after such move we can expect a corrective structure, such as ABC or WXY. Usually, you want to take a Fibonacci retracement of the previous impulse wave and look for 0.382 FIB or 0.618 FIB. I don't think GOLD will go all the way down to 2155, that would be pretty bearish after the previous breakout to a new all time high. Buying gold at current levels is definitely a good idea, but if you want better price and timing, I would take the 0.382 FIB. This will also increase your risk-to-reward ratio. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OANDA:XAUUSDLong
by Xanrox
11
GOLD - Starting another wave up to 2720 (+17%)GOLD is in a strong bull market, that's for sure. The key to success is to trade with a trend to increase the probability of your decisions. GOLD is likely to make a multiyear bull market and can double or triple in price in a few years. Of course, if you hold GOLD, that's very smart for the upcoming years. But right now, we need to take a look at short-term opportunities for swing and day traders. What I generally recommend is to trade with the bullish trend and employ only long-term strategies. Avoid shorting GOLD in general. As you can see on my chart, we have an ascending parallel channel, and the price is near its dynamic support upward-sloping trendline. What we want to do here is enter a long position. Also, my Elliott Wave count suggests that GOLD is going to make another 2 huge waves to the upside in the following few weeks. Always start making your Elliott Wave count from the bottom of the trend. This trend started on October 5, 2023. If you see something like (1)(2)(1)(2) at the start of a trend, it is called an Elliott Wave nest, a strong bullish setup. This occurs very often on the stock market and in Bitcoin, so make sure you learn this technique. Overall, I am very bullish on GOLD and if you trade futures, you can make good money with leverage. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OANDA:XAUUSDLong
by Xanrox
24
XAUUSD - 1H Sell PossibiliityThe current XAUUSD chart shows that gold is approaching the final stages of its trading range cycle, indicating a potential bearish breakout. The chart reveals a series of lower highs and consistent tests of the support zone, suggesting weakening buying pressure. The resistance zone, highlighted in red, has successfully rejected price advances multiple times. We have observed signs of buyer weakness, which further supports the possibility of a downward move. If gold breaks below the support zone, it could lead to a significant decline, potentially reaching the next major support level around $2,305. Traders should monitor price action closely for confirmation of this bearish scenario.
FX:XAUUSDShort
by Sober_Trading
GOLD - Buy after this pullback!Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled sooner or later, so do not FOMO in and wait for a proper retest. Then we can open a leveraged trade with a high probability of success and a high risk-to-reward ratio. From the Elliott Wave perspective, we have finished the WXYXZ corrective pattern, which is also great to see! We are starting a brand new impulse wave to the upside, so prepare your limit orders. It's time to buy gold again. The next significant resistance is the previous ATH. I do not really see anything special that is worth mentioning. Take only the best opportunities with a high success rate. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
OANDA:XAUUSDLong
by Xanrox
17
Gold: Will Bulls Secure the Lead?The price of Gold is currently positioned at $2181, following an evident breakout on the chart. The market sentiment is cautious as traders are seeking confirmation before confirming a bullish trend. The breakout is a critical juncture, as noted on the chart, indicating that a new price range could be on the horizon for Gold if the breakout is confirmed with a solid close above the current level. From a technical standpoint, the MACD presents a divergence from the price action, signaling that bullish momentum might not be as strong as the breakout suggests. Hence, continued monitoring of the price is recommended. The Bollinger Bands suggest that the price is relatively stable, hovering between the upper and lower bands, without touching the extremes that would suggest overbought or oversold conditions. The trading volume is modest, which doesn't strongly reinforce the breakout, implying that the bullish scenario might need more market conviction to sustain. The Stochastic oscillator indicates that Gold is neither in the overbought nor oversold territory, with room for the price to move in either direction. Meanwhile, the RSI sits at a neutral level, further pointing to the possibility of either continuation or reversal. Given these observations, traders should look for a confirmed closure above the mentioned price level to validate the breakout. It's also prudent to watch for the MACD to align more closely with the bullish scenario to gain confidence in the sustainability of the uptrend. The chart advises a keen eye on subsequent price action to determine the true strength of the breakout. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
OANDA:XAUUSD
by MonoCoinSignal
XAU (gold) Hello friends Unfortunately, I can't upload a video for you since yesterday I will post it as a picture We are currently moving in an upward channel, in the upward path we have many important resistances that have been drawn and the price can have corrections from these areas. Weakness can be seen in the upward direction, and also the data is in favor of the dollar and personally. I expect the price to go down and I see the movement of the price towards 2055 as an opportunity to sell Do not log in without getting confirmation and be careful not to fall into the trap of unsuccessful failures
OANDA:XAUUSD
by Fxbehradgfhgh
XAUUSDTBased on the given market data, the XAU (Gold) is currently priced at 1930.0 USDT. On the 4-hour chart, it has an RSI of 86 which is well above 70, indicating that it is currently overbought. The MACD of 16.09 also suggests a bullish market. The Bollinger Bands at 1881.0 and the support levels at 1882.0, 1863.0, and 1805.0 indicate a strong buying pressure. The resistance levels are at 1930.0, 1957.0, and 1980.0. On the daily chart, the RSI is 59.35, which is a neutral zone, neither overbought nor oversold. The MACD is -11.11 which indicates a bearish market. The Bollinger Bands at 1880.0 and the support levels at 1816.0, 1774.0, and 1690.0 indicate a potential downward trend. However, the resistance levels are at 1990.0, 2017.0, and 2087.0 which suggest a possible upward trend. On the weekly chart, the RSI is 50.30, which is in the neutral zone. The MACD at -8.16 suggests a bearish market. The Bollinger Bands at 1932.0 and support levels at 1809.0, 1720.0, and 1672.0 indicate a potential downward trend. The resistance levels are at 2038.0, 2111.0, and 2291.0 which suggest a possible upward trend. In conclusion, while the 4-hour chart suggests an overbought condition, the daily and weekly charts indicate a more neutral to bearish market. It's important to consider these factors along with other market news and trends before making a decision. This is just a technical analysis and it's recommended to consider the fundamental analysis and your personal risk tolerance before making any investment decisions.
FXOPEN:XAUUSDShort
by MarsSignals