XAUUSD:31/7: How should gold be traded today?Gold technical analysis
Daily resistance 2446, lower support 2401-2370
4 hour resistance 2430, lower support 2401
Gold operation suggestions: Yesterday, the technical side of gold slightly stepped down and stabilized at the 2376 mark in the Asian session, ushering in a bullish shock upward rebound, and then further stretched to the 2392 mark and fell into sideways shock. The US session stepped down and stabilized at the 2383 line for the second time, ushering in a strong bullish rise and breaking the previous high. Finally, the gold price stood strongly above the 2400 mark and continued to stretch to 2412 to close. The overall price was supported and stabilized at the 2376 mark, ushering in a strong bullish rebound, and the gold price returned to the wide range of long and short shocks.
From the current trend, today's lower support continues to focus on yesterday's hourly neckline near 2392-94, and the upper pressure focuses on the first pressure near 2430 and the second 2446. Sell high and buy low in this range first during the day.
SELL:2446near SL:2450
SELL:2430near SL:2433
Technical analysis only provides trading direction!
Xauusdupdates
This Simple Error Cost Me Big on XAUUSD! Learn From My Mistakes!Key Levels and Zones
Highs and Lows:
HH (Higher High) and LH (Lower High) are marked on the chart.
The chart shows a recent HH and LH indicating a bullish trend with a potential pullback.
Liquidity Zones (LQZ):
4HR LQZ at 2474.891: This zone might act as a significant resistance level.
4HR LQZ at 2432.126 - 2432.046: This zone was previously a resistance level that may now act as support.
4HR LQZ at 2348.453: Another support zone lower on the chart.
Daily Bull Flag:
A daily bull flag is drawn, suggesting a potential continuation of the bullish trend if the price breaks out upwards.
Trading Plan
Identify Key Zones:
Mark key support and resistance levels on your trading platform.
Wait for Confirmation:
Look for confirmation signals (candlestick patterns, volume spikes) before entering a trade.
Set Alerts:
Use trading alerts to get notified when the price reaches key levels.
Risk Management:
Always use a stop loss to protect your capital.
Ensure your risk-reward ratio is at least 1:2.
Review and Adjust:
Regularly review your trades and adjust your strategy based on market conditions.
Gold Is Gonna Hit 2450 Today And Close The Month Above The LevelGold Is Gonna Hit 2450 Today And Close The Month Above The Level .As The Global Fundamental Situation Gold Will Pump Up Some Times Again. Yesterday Israel Attack On Hamas And Death of Hamas Leader Is Got Attention Of the Investors Fear As A War has Started Again. So We Will See What Will Happen on August.
Two major news are about to detonate the gold price market.
Two major news are about to detonate the gold price market.
Will the follow-up of the attack on the top leader of Hamas detonate the gold price market? Will gold continue to rise if the Fed cuts interest rates?
Senior analyst Eddy believes that gold will directly go long on gold prices before the two major news come. Waiting for the market to soar. Hamas's resistance is undoubtedly the fuse that leads to the rise in gold prices. The upcoming Fed interest rate will also drive gold prices up again. So now is still a great opportunity to buy. The current price is at 2421. The battle line is extended. Buy in the range of 2410-2420. Wait for the market to rise.
Investors with large funds can buy multiple orders in advance. If your funds are relatively small. Remember to go long in a small position at a stable position.
COMEX:GC1! FOREXCOM:XAUUSD TVC:GOLD TVC:DXY
Gold is Ready to Go down!!!Gold moved as I expected in the previous post .
Gold is currently moving near the Resistance zone($2,452-$2,427) , the upper line of the Ascending Channel , and the Time Reversal zone(TRZ) .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to break down to at least the lower line of the ascending channel and the Support zone($2,042-$2,377) .
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Will the gold price continue to rise? Yes
London market: The attack on Hamas leaders has once again detonated the market. After the gold price fell back to 2405 in the Asian market, the gold price rose again to a high of 2422 because of the news. It is currently fluctuating at 2419.
Senior analyst Eddy believes that after the short-term gold price falls, it will continue to rise. Therefore, the main trading method is to buy at low levels. The stable position is 2410-2415. Friends with large funds can consider entering the market at 2419-2417 in advance.
TVC:GOLD FOREXCOM:XAUUSD COMEX:GC1!
XAUUSD: From our previous analysis, price did early mitigationIn our previous analysis we stated that price could reach 2330 region and reject from there as we though price is finally going to fill the gap. However, it did not work out as we expected and price mitigated from early key level where previously price reversed from. We anticipating price to grow from the current region, a safe entry can be at 2308 from where we can see price reversing strongly. Good luck.
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.
Gold Wednesday Trading Strategies and Signals
xauusd July 31, 2024.
Today is Wednesday. It is also the last day of July. Today's trading will be very complicated.
Today there is news about small non-agricultural data.
Today there is also news about the Fed's interest rate decision.
And the Fed's speech.
Three major events will lead the beginning of the big gold price fluctuations this week.
The next few days will be very large trading fluctuations.
Gold ushered in the first round of official rise yesterday. But there are many resistance prices above.
So if gold starts the violent rise mode. We can choose several resistances to sell:
Key price for selling: (profit 40pips as the target)
1/2436-2439
2/2447-2451
3/2457 as the key price for observation. After the breakthrough, we can wait for 2470 to sell.
Of course, anything in the trading market is possible.
I will also give the buying transaction price:
1/2392-2395 (try to buy at the first pullback)
2/2369-2372 (starting point. Buying again is inevitable)
3/2347-2352 (strong resistance. Buying can get more than 80pips profit)
The above is my suggestion for today's trading. You will get good profits by executing according to the price, set sl. If you make a profit because of my signal, please like me and join me.
XAU/USD 31 July 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS, printing an all time high.
After BOS/iBOS price is expected to pullback.
Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS
After iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH.
Bearish CHoCH has been printed which indicates bearish pullback phase initiation and internal range.
Intraday expectation: Price to trade down to either discount of 50% EQ or M15 demand zone before targeting weak internal high.
M15 Chart:
Gold- Ready for 2500Yesterday, XAU/USD broke back above the 2390 technical resistance and the significant 2400 level, closing the day on a strong bullish note at 2410.
This price action suggests that the correction is over and bulls are ready to conquer new highs.
At the time of writing, the price is at 2421, with technical resistance at 2430. Given the recent rise, a correction from that level could occur.
However, it is very risky to sell at this resistance considering the strong bullish momentum.
In my opinion, it is better to wait and buy on dips. An ideal level for buying is around the 2400 zone, but given the strong bullish momentum, the price might not drop that low.
In conclusion, I am looking to buy during corrections trying to time my entries as the market flows.
XAUUSD: 29/7 Today’s Analysis and StrategyGold technical analysis
Daily resistance 2400-30, support below 2370-2319
Four-hour resistance 2400, support below 2383-2370
Gold operation suggestions: Gold surged rapidly in the Asian session on Monday under the stimulation of risk aversion over the weekend, but gold did not really stand firm at 2400. It surged and fell above 2400 twice. 2400 is still the effective resistance of gold at present. The rise of gold in the Asian session was stimulated by the risk aversion news over the weekend. So we should pay attention to whether the rise of gold will continue today. Gold surged and fell twice in the Asian session. The Asian session has formed a weak suppression. Gold continues to go short at high points below the intraday high. The real market in the morning gave a short at 2400.
From the current trend, the support below today continues to focus on the 4-hour neckline at 2380, and the pressure above focuses on the vicinity of 2401. Relying on this range, the main tone of high-altitude and low-multiple cycles remains unchanged. Today's high point of 2401 is also the key watershed today. If the European session repeatedly suppresses this position, it can be directly shorted and continue to fall. The overall rhythm of long and short wide fluctuations is still maintained.
SELL:2380near SL:2383
SELL:2400near SL:2405
Technical analysis only provides trading direction!
Gold Tuesday Trading Strategies and Signals
#xauusd July 30, 2024
If gold fell to around 2370 yesterday as judged.
Then trigger my buy signal
Today I will give you several trading areas for your reference:
Sell gold:
sell2395-2399
sell2412-2416
Buy gold:
2371-2374 (as a scalping transaction)
2362-2365 (scalping transaction, profit of more than 50pips)
2353-2358 (strong buy signal. It is highly unlikely to be triggered)
Please choose the appropriate corresponding price in different time periods and start trading.
If you make a profit according to my signal, please like me and join me