Gold scalping trade The price break below last up swing , we may get a rise up before another punch down ,we have a good area trend line on m30 and supply area as we arrive there we will looking for a reversal pattern ,risky trade but it deserves.Longby batch6ali2109Published 1
Gold analysis todayFundamental Analysis As tensions in the Middle East and worsening US consumer confidence boosted the safe-haven appeal of gold, along with falling US Treasury yields and a weaker US dollar, gold prices have once again hit new all-time highs. Iranian President Warns Israel of Heavy Airstrikes Israel announced that it had launched a large-scale airstrike on “Hezbollah targets in Lebanon” on September 23, hitting more than 1,600 targets. Israel continued to carry out new airstrikes in several locations in Lebanon on September 24. The US Federal Reserve’s move to ease monetary policy has also pushed gold prices higher because gold does not generate interest and lower interest rates could reduce the opportunity cost of holding gold. Major investment banks expect gold's record price increase to continue until 2025 due to large capital inflows into gold ETFs and expectations of further interest rate cuts from the world's leading central banks. The fundamental picture has not changed as gold remains a comprehensively supported choice, both in terms of macro data, monetary policy and geopolitical developments that are increasingly new and more complex with the risk of spreading. Technical analysis The short-term price range of the pair around 2648 and 2670 is wider, we have a price range of 2685-2633. The 2648 zone cannot be broken in the European session, so we continue to BUY to the old peak around 2670. SELL XAUUSD 2667-2671 SL 2674 SELL XAUUSD 2679-2681 SL 2684 BUY XAUUSD 2648-2646 SL 2643 BUY XAUUSD 2635-2633 SL 2630 Support: 2,645 – 2,624USD Resistance: 2,672USDby SHL_TraderPublished 36
Entry Types Simplified: The Essential Guide for New Traders!Key Structures and Formations: Ascending Channel: The price has been moving within this channel for a while. An ascending channel indicates an uptrend but also signals that the price is forming higher highs and higher lows, which can later break either direction. Bull Flag: A classic continuation pattern where after a strong bullish move (flagpole), the price consolidated before continuing upwards. This was a great entry point for traders watching for bullish momentum. Failed Flag: It appears there was a bull flag that failed to continue upwards and instead reversed direction. This type of failure is a strong indication for traders to reconsider their long positions or take partial profits. Often when a flag fails, it can lead to an aggressive move in the opposite direction. Zones: 4HR, 1HR, 15M LQZ (Liquidity Zones): These zones mark areas where liquidity is expected to be high, which means these are key levels to watch for price reactions. The 4HR LQZ around 2,622 and the 1HR LQZ around 2,639 are critical areas for price retracement or reversals, particularly in a trending market. Current Price Action: The price is currently hovering near the 15M LQZ (2,655.443), which could act as a short-term support/resistance level. Watching how the price reacts to this zone will provide insight into the next move. If the price continues to drop, the 1HR LQZ around 2,639 may provide support. If that fails, the next likely target is the 4HR LQZ near 2,622. Recommendations Based on Confluence: Check for Multi-Touch Confirmation: If the price interacts with the 4HR or 1HR LQZ zones multiple times and forms a base, this could serve as strong confirmation of a potential reversal or continuation. Comprehensive Patterns: The failed flag within the larger ascending channel provides a great example of how smaller patterns (failed flag) can give clues about larger moves (channel break). Follow the Trinity Rule: As per the Trinity Rule, wait for multiple confirmations across different structures before entering a trade. The liquidity zones and patterns within patterns provide a good basis for this.Educationby Adlercon333Published 2
XAUUSD today Yesterday's gold trading session saw a significant surge in price action. As the U.S. session began, prices experienced a steady and strong upward momentum. At this point, we can only wait for a pullback to find optimal entry zones. Today's trading outlook: BUY. Key price levels to watch: BUY Zones: 2646 - 2650, 2630 - 2635, and 2600 - 2605. SELL Zones: 2669 - 2674 and 2680 - 2685. Wishing everyone profitable and successful trades!by Ryland_FXPublished 2
Gold Thoughts 25-Sept-2024GOOD MORNING Everyone! Please find my Gold market analysis for today below. As a price action trader, I encourage you to compare my charts with yours and use my insights to enhance your skills. These videos are designed for educational purposes only, not as trading signals. My goal is to help you grow and become a proficient trader. - #TradingPlan - #TradingStrategy - #MarketAnalysis - #RiskManagement - #PerformanceTracking - #TradingGoals - #MarketTrends - #TradingConfidence - #TradingSuccess - #TradingConsistency - #DayTrading - #SwingTrading - #PositionTrading - #TradingPsychology - #TradingDiscipline - #MarketVolatility - #TradingMindset - #FinancialFreedom - #WealthCreation - #Investing - #TradingTips - #TradingAdvice - #MarketInsights - #TradingEducation - #TechnicalAnalysis - #FundamentalAnalysis - #ChartPatterns - #TrendAnalysis - #SupportAndResistance - #RiskRewardRatio - #TradingJournal - #MarketSentiment - #EconomicIndicators - #ForexTrading - #StockMarket - #Cryptocurrency - #Commodities - #Indices - #TradingCommunity - #TradingSupport - #TradingResources - #MarketNews - #MarketUpdate - #TradingAlerts - #TradingSignals - #Nasdaq - #Gold - #US100 - #XAUUSD 06:31by DrBtgarPublished 1
xau/usdIn my opinion, gold now has 2 scenarios, either it declines from the price of 2716, it goes to higher levels, or it starts to correct itself from the same area.by hamidhshPublished 2
Tuesday Market Analysis and SignalsIn the Asian market on Tuesday, gold fluctuated in a narrow range at high levels and is currently trading around $2,628 per ounce. Gold hit an all-time high of 2,634 during trading on Monday, up about 0.24%. The bullish market sentiment after the Fed's interest rate cut last week and geopolitical tensions pushed up the London gold price, but the US dollar index stabilized and rebounded. Ukrainian President Zelensky said that the Russian-Ukrainian war was "close to the end", and investors need to beware of the risk of a short-term correction in gold prices. If the employment rate drops sharply, the market will believe that the Fed may be more active in cutting interest rates, which is very beneficial to gold prices. In addition, regional instability in the Middle East may further push gold prices higher. The growing tensions between Israel and Hezbollah have enhanced the appeal of safe havens, which may further boost demand for gold. As a traditional hedging tool for geopolitical and economic uncertainties, gold will have its best year in 14 years. There are relatively few economic data on this trading day. Investors will pay attention to the Reserve Bank of Australia's interest rate decision, the US Conference Board Consumer Confidence Index in September, speeches by Fed officials, and news related to the geopolitical situation. Yesterday, the historical high of 2634 was reached again, showing a continuous breakthrough of the bullish pattern. The MA7/10-day moving average and the 5-day moving average have moved up to 2605/2582, of which the 5-day moving average is above the 2600 mark, and the RSI indicator is close to the high value of 80. The upper rail resistance of the Bollinger Band channel is obvious. In the short term, the gold price faces certain suppression and technical indicator repair. The overall gold bull trend structure is intact. The small cycle indicator is overbought and the indicator needs further cycle repair. Look at the 2615/2635 range first, buy low and sell high. Trading strategy: 2613-2615 long, stop loss 2604, target 2635-2645; 2635-2638 short, stop loss 2647, target 2610-2600;Longby Jun-goldFXUpdated 2
XAUUSDPlease make sure to wait for mss , csid, or whatever confirmation you used. For me i'll wait for liquidity sweep and tap the M15 OB and wait for confirmation entry on M5 or M1 , its up to you.Longby harfandwiPublished 111
GOLD Possible MoveGOLD broke the previous ATH and overall, on a 4H, Daily and Weekly Timeframe is in a BULLISH trend. I will look for BUY opportunity on the retest level mentioned in the chart. Fundamentally speaking, FED rate cut, Weakening Dollar and Middle East crisis, all of these contribute to GOLD being a safe-haven for Retail as well as Institutions. If you feel any different, please share your views!Longby TusharSinghal01Published 1
GOLD: Move Up Expected! Buy! Welcome to our daily GOLD prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,643.948$ Wish you good luck in trading to you all!Longby XauusdGoldForexSignalsPublished 112
GOLD-BULLISH RUN ELLIOTT WAVE BREAKDOWNGOLD-pair is on an up trend AS MAJOR-WAVE 1 but as we all know after an impulse a correction must follow of which in this case the correction will be.of which in the long run we will see a major correction. here is an ELLIOTT WAVE break-down_pais is currently bullish as micro-wave 5 on minor-wave 3 after the micro-wave 5 on minor-wave 3 we may expect minor-wave 4 and then another impulse as minor-wave 5 completing sub-wave 3(green).Longby Nhlanhla_luck_IVPublished 2
Ready Signal live market trade 🔔GOLD SELL NOW! 💎 🔸 Entry Zone : 2626 🔹 TP : 2620 🔹 TP : 2613 🔹 Stop Loss : 2628.50 🔹 Risk Reward = 1:5 🔹 50% trade position close 30/40 Pips Profit and Other 50% Trade Position hold tp Use proper money management 💸 Notice‼️ Max to max 5% risk per setup.Shortby Forex4you01Published 111
#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. #XAUUSDShortby PIPSFIGHTERPublished 5
XAU/USD: Bullish Reversal from Key Support ZoneThis chart shows the XAU/USD pair (Gold vs US Dollar). After a drop in price, gold is testing a support zone around 2,617 USD. The market shows signs of bullish reversal as price enters this zone, suggesting a potential move back up. Traders may keep an eye on the resistance levels around 2,630 USD for a possible breakout or rejection. Longby JoeSignalsPublished 4
SELL XAUUSDDay trade with Short XAUUSD Entry : 2618 - 2620 STL : 2623 TP : 260x - 259x Shortby RyantunglePublished 4
Gold 2700 confirm target read the caption If buyers manage to defy the bearish pressures, the $2,530 round level needs to be taken out decisively for further upside. Acceptance above that level will call for a test of the $2,650 psychological barrier, as buyers then target the $2,700 threshold for the first time everLongby Mrsam36Published 1
Xau/UsdLong-Term Gold Entry: 2960.00 SL: 3000.00 TP: 2000.00 Wait for confirmation! Be patient and be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻 Shortby THP-Forex-AcademyPublished 3
XAUUSD- 15 Minutes Time Frame Scalping SetupThe 15-minute timeframe chart you provided for XAUUSD (Gold) illustrates a potential trading plan. Here's a breakdown of the analysis: Current Price Action: The price is hovering around the 2,622 level. Support and Resistance Zones: There is a clear 15-minute support zone marked below the current price, around the 2,617 level. The potential resistance or sell zone is slightly above the current price, as marked in red, with a rejection at that point expected for a sell-off. Sell Setup: The chart suggests a sell entry at the resistance zone (marked in red) once the price touches this area and rejects it. A possible downside move is indicated after this rejection, with a target that could approach the lower support zone, near 2,605 or even lower. Buy Setup: After the expected drop, the plan is to buy at the lower support level. This is shown in the marked buy zone, anticipating the price to reverse after reaching a strong support area. A potential bullish reversal is drawn, aiming for a higher price, likely back to or beyond the current price level, possibly as high as 2,630. In summary: The chart implies a short-term sell followed by a buy at a deeper support level for a potential bounce. Both directions (sell first, then buy) have been marked with corresponding zones and potential targets. If you need more detailed insights or further clarification, feel free to ask! by factoryforex01Published 1
Gold price structure 21.09.24The general trend is bullish. The geopolitical situation supports the rise of gold. It is preferable to wait for prices in the buying areas and take contracts with the trend. Selling is very risky at current price levels. I wish you a successful week.Longby Alrashedi04Published 3
Price range and time to buy gold late January early February no1Price range and time to buy gold late January early February. Price buy 1985 sl 1970 tp 2073-2108-2283-2840 Purchase only between January 26 and February 3. Satisfy the conditions during this time to create a wedge or 2 bottoms. Our job is to wait.Longby EricGoldHunterUpdated 9
GOLD NEXT MOVE elliot wave and channelgold near to resistance of 3rd wave the elliuiot wave. after complation the 3rd wave start the net 4th wave .(Ascending channel target 2633). Longby sayedraufshahPublished 2
Gold to Target @2,700 mark as Bulls take advantage of fed cutFundamental Influence of Fed Rate Cut: Impact on Gold: Bullish target for the week @2,700 mark When the Federal Reserve cuts interest rates, especially by a significant margin like 50 bps, it generally weakens the U.S. dollar. Being priced in dollars, gold often benefits from a weaker dollar as it becomes cheaper for foreign investors, leading to increased demand. Additionally, lower interest rates reduce the opportunity cost of holding non-yielding assets like gold, making gold more attractive as a safe-haven asset. that being said, there is bullish momentum for gold, which aligns well with the broader macroeconomic impact of the Fed’s interest rate cut. Key levels like 2,541 and 2,530 should be monitored for reversals or pullbacks, with further upside possible if gold maintains its momentum. The rate cut enhances the attractiveness of gold, and we could see continued upside movement in the near term. Current Market Action: The price appears to be trending higher, breaking through several resistance zones. The "Ask" price around 2,613.57 shows that the market is trading relatively high, with the recent price action suggesting bullish momentum. my long target for this week and the coming end of the month will be targeting the 2,700 mark as my 1st Tp before we can see another pullback but for now am with the bulls on this one Longby quePublished 2
XAUUSD View!!Gold is likely to remain supported by uncertainties in the Middle East that enhance the precious metal's role as a safe-haven asset, while expectations for further Fed rate cuts sustain its positive outlook, says Phillip Nova analyst Priyanka Sachdeva in a research note. The analyst sees resistance at $2,610-$2,620/oz and support at $2,550 -$2,560/oz. While some profit-taking could be around the corner that doesn't change the bullish outlook of gold in the long run, she adds. Spot gold is 0.3% higher at $2,594.33/oz. (tracy.qu@wsj.com)Longby FXBANkthe8055Published 1