decline in the price of goldHello Traders The last downward wave of gold correction Shortby ARABTRADERX45Published 2
Gold and luck to climbConsidering the news of the war and contractionary policies of the American government and the reduction of interest rates and the approach of the central and major banks of the world to buy and save gold, I expect gold to move up to the range of $2,800 in the first stage. But in the short-term analysis, according to what you can see in the chart, we have an upward movement up to the specified range, and after that we will continue with the analysis update. Thank you for paying attention and following me, if you have a specific symbol in mind, leave a comment for analysis.Longby HamiratradingPublished 225
Gold Bullish ContinuationGOLD price seems to exhibit signs of overall bullish momentum. A potential new ALL TIME HIGH may form as the price action may form a credible Higher Low on key Fibonacci levels. Trade Plan A (0.5 Fibonacci Entry) : Entry @ 2617 Stop Loss @ 2537 TP1 @ 2697 TP2 @ 2777 No. of Trades: 2 Trade Plan B (0.618 Fibonacci Entry) : Entry @ 2600 Stop Loss @ 2537 TP1 @ 2663 TP2 @ 2726 No. of Trades: 2 Move SL to Break Even if TP1 hits (for both plans).Longby SalaarBTPublished 3
XAUUSDCurrently in gold on the weekly timeframe price took out the candle range high, and on the daily timeframe price took out the previous day high and closed below it, and on the 4hour timeframe price has just reached an inverse fair value gap, hoping it will drive price to the downside.Shortby BigBenCapitalsPublished 4
XAUUSD SELLWe had 5 days of rise, Peak formation on thursaday with a failed breakout,FRD(first red day) on friday making lower lowsShortby McGreedy_05Published 4
XAU/USD Sell idea.Although gold prices are generally bullish for the long term, corrections do occur even in a bullish market, and after a liquidity grab, the market tends to resume its trend. Keeping this in mind, I foresee gold moving towards a selling phase over the next few weeks. So far, the price action of gold is aligning well with the sell model, but I will be closely watching the grey highlighted area for entering a sell position. According to the CFTC's COT report, commercial traders currently have more short positions open compared to long positions.Shortby QasimKhadimPublished 4
This Week’s Profit Doubling PlanNews: Today's U.S. market will have a sharp bearish gold on the ‘U.S. ADP employment numbers for September’, but gold did not fall in time. This is not difficult to understand. After all, many investors in the market do not buy short-selling accounts after the interest rate hike. But I think there will definitely be a wave of bearish trends in the future. At the same time, some international institutions will use this wave to increase shipments. After all, the U.S. economy is still recovering, so to a certain extent, it will suppress the rise of gold. Judging from the bearish gold in the US ADP data tonight, the US economy has also been developing for the better recently.Therefore, there is a high probability that the speech of the Fed governor later will be bearish on gold.Then this Friday's ’U.S. September quarter-adjusted non-farm payrolls' data will also bearish gold. So the overall gold trend this week is empty!Insist on short-selling! Today's strategy: Short the gold market near 2660, and add a position near 2665! Daily strategy, daily updates, remember to pay more attention,A lot of benefits!Shortby Falcon-Training-CampUpdated 4
XAUUSD 2 October 2024Based on the charts, here's a new trade idea: Trade Setup: Intraday Long Trade (Buy) 1. Fractals and Trend Direction: 1D Chart: The overall trend remains bullish, but there’s a minor pullback from the recent highs. There is still strength in the market, and it's at an important support zone. 1H Chart: The price is consolidating and forming higher lows. The last fractal low is around the $2,645 level, signaling a potential bullish continuation. 2. Entry Price: Buy Limit Order: $2,650.00 This is close to a confluence level of support (previous low and Fibonacci retracement). If the price dips to this level, it's likely to bounce, offering a good risk/reward ratio. 3. Stop Loss: Stop Loss Price: $2,640.00 This level is below the previous fractal low on the 1H chart, providing a tight risk while allowing enough room for minor fluctuations. 4. Take Profit (Reward-Risk Ratio of 2.5): Take Profit Price: $2,675.00 This target is set just below a resistance level from the recent high. It's also near a liquidity zone where sellers may enter, making it an ideal point for taking profits. 5. Risk-to-Reward Ratio: Risk: $10 per ounce (from $2,650.00 to $2,640.00). Reward: $25 per ounce (from $2,650.00 to $2,675.00). Risk-to-Reward Ratio: 1:2.5, which is favorable. 6. Trailing Stop-Loss Strategy: Initial Stop Loss: $2,640.00. If the price reaches $2,660.00, move the stop loss to break even at $2,650.00. Once the price hits $2,665.00, adjust the stop loss to $2,660.00 to lock in profits. Continue trailing the stop loss by $5 increments to protect profits as the price moves toward $2,675.00. 8. Volatility Consideration: Recent price action has shown volatility swings of around $20-$30. This setup adjusts for this volatility, with a $10 stop loss and $25 target, ensuring the trade is not too tight. Final Trade Details: Entry Price: $2,650.00 (Buy Limit) Stop Loss: $2,640.00 Take Profit: $2,675.00 If the price breaks below $2,640.00, the trade idea will be invalidated. Longby therabbittradesUpdated 4
Gold and Oil Rally as Bullish Trend Holds Above 2651Technical Analysis: Middle East Concerns Trigger Gold and Oil Price Rally News of Iran potentially preparing to launch a ballistic missile attack on Israel triggered a selloff in global stock indices and sparked a rally in gold and oil prices. A senior White House official confirmed that Iran is preparing for such an attack, marking a potential escalation in the Middle East conflict. "A relatively quiet session quickly shifted into full risk-off mode amid unconfirmed reports of an imminent missile strike by Iran on Israel," Rudolph noted in a research update. As long as the price remains above 2651, the bullish trend is expected to continue toward 2680 and 2698. Sustained stability above 2680 would further confirm the bullish momentum, with potential targets at 2698 and 2724. Conversely, if the price stabilizes below 2624, a bearish trend may emerge, factoring in geopolitical uncertainties. Key Levels: Pivot Point: 2657 Resistance Levels: 2680, 2699, 2723 Support Levels: 2638, 2624, 2615 Trend: Bullish while maintaining stability above 2651.Longby SroshMayiPublished 4
The next possible setup for $GOLD📊 Our last 2 predictions on gold have been spot on! 🔥 We’re now seeing a pullback from its support level, and it’s moving toward the next resistance level. In the short term, gold is in a downtrend, but the overall trend remains up. 📈Longby SaadFiazPublished 5
Gold Swing trade ideaPosting this swing trade , Sell at 2669 target 2632. Expecting Gold to follow the path indicated , initially a drop to support white line before rising to 2699/70 and rejecting , target for the sell is 370 pips , ill update this Monday but pretty confident on this one Shortby F0rexBorexUpdated 224
Urgent Notice for Investors! Watch the XAUUSD Upsurge!📣 Attention, traders! 🚀 XAUUSD is making notable moves, reaching new heights with impressive accuracy! 🌈 Here’s the latest update: 🔍 Current Market Analysis: 📈 The price is currently confined between 2657 and 2663. 🤔 Will it break out of this range? 🔻 Bearish Alert: 🔻 Stay vigilant for possible declines if it falls below this zone! 🎯 Key support levels to watch are at 2651, 2648 and 2644. 🔼 Bullish Potential: 🔼 If it breaks above, there could be great buying opportunities ahead! 🎯 Target levels to consider: 2668, 2673 and 2676. 💡 Join the Conversation: 💡 Share your insights and strategies as we explore this ever-changing market together! 🎤 Let’s achieve new milestones! 🌟🚀by Forex_PantherUpdated 3
Daily live trade with XAUUSD in 15m/30m/1h 20241001Daily live trade with XAUUSD in 15m/30m/1h 20241001Shortby tradermongoliaPublished 115
XAUUSD Sniper Entries!Hey trader how are you all hope you guys are doing well! Sniper entry for intraday trader, NOT FOR HOLDERS!! easy trade for theres a resistance at 2659 - 2661 if gold does breaks it and retest it respectively then we consider a buy, if it does'nt breaks and give us a confirmation then we can considor selling till 51 then we can go for buying. trade easy and follow or liking this idea to support my work.by HouseofProfitPublished 4
Spotting Opportunities in Market VolatilityThe current gold chart shows a strong uptrend, with signs of a slight correction as it approaches the upper boundary of the price channel. The latest macroeconomic and monetary policy data has put pressure on gold, but also opens up buying opportunities at reasonable prices. The market's reaction to announcements from the Federal Reserve and important economic reports can impact gold prices. The current uncertainty can be an opportunity to increase positions in gold. Gold is in a clear uptrend channel, but has recently touched the upper part of the channel, suggesting a slight downside. The next important support level is around $2,660, where buying can be considered. Short-term profit targets can be identified near the next resistance level.by NaoomiPublished 4
Gold possible move 02-10_24Gold am seeing a continuation of the trend n normal pull back,except small corrections to.2648 to 2650 if possible don't look for sells until it comes out from this channel,we are aware of wars that is happening between Iran n Israel n U.S,soo if U.S will immediately respond to Iran for Israel this will cost more damage in the market n international economy n an cost recession if it get serious n on a favour of gold it will continue to raise while the labour's market fall,any respond to Iran will cost Iran to fight back n cost economy soo we real need smart people's to know how to handle this situation in matured way.Longby mulaudzimphoPublished 4
GOLD ! 9/30 ! down adjustmentXAU / USD trend forecast September 30, 2024 Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes killed Nabil Kaouk, the deputy head of Hezbollah's Central Council, marking the seventh Hezbollah leader killed in just over a week. Based on M30, price adjustment h1 frame, XAU down /// SELL XAU : zone 2664-2667 SL: 2672 TP: 50 - 150 - 300 pips (2637) Safe and profitable tradingShortby Moon-ForexAcademyUpdated 116
10/4/24 wait news ATH from XAU ! NF XAU / USD trend forecast October 4, 2024 Gold price (XAU/USD) continues trading within a narrow range, as traders await a new catalyst to determine the next directional move. Attention is focused on the upcoming US Nonfarm Payrolls (NFP) report, set to be released later on Friday. The data could shape expectations about the pace of the Federal Reserve's rate cuts, impacting US Dollar demand and influencing gold prices. NF and war tensions are the main drivers for gold prices to continue to rise - creating new ATH /// SELL XAU : zone 2698-2700 SL: 2706 TP: 50 - 100 - 200 pips (2680) Safe and profitable tradingLongby Moon-ForexAcademyUpdated 114
GOLD - one n single area, holds or not??#GOLD... Today is NFP day as you knows and we have only single area as today most important supporting area that is 2653 Keep close that area because only that area can change the story. Only holding of that area can leads you towards upside further levels. Keep close it and only short below that otherwide not at all. Good luck Trade wisely Longby AdilHussain731333Updated 4
2nd Sniper Trade of the day!Gold Long Now! Small Pips Trade! for confirmation: we have to wait for the fvg to touch or fill in m5 or if does go up we could consider buying. Entry: 2646 - 2648 TP1 : 2652 TP2 : 2655 TP3 : 2659 SL : 2642Longby sabellaFXPublished 5
XAUUSD_1Dhello 📊Analysis of Anas Gold in the daily time frame The market is in the main ascending wave, which can be counted in the form of 5 ascending waves. Currently, the gold ounce is in the 3rd Elliott wave, which can be considered as the ceiling range of $2724. The correction of wave 4 can be considered as the range of $2600 and this price floor is the long-term support price and until we are above this price, the upward trend will continue.Longby ElliottwaveofficialPublished 4
Today on Gold: XAUUSD Today’s Projections for XAU/USD in the New York Session: If today’s ADP Non-Farm Employment data comes out stronger than anticipated, expect a possible bearish trend in XAU/USD as the dollar strengthens. Conversely, a weaker-than-expected report could drive gold prices higher, suggesting a bullish trend for XAU/USD during the New York session. Additionally, market reaction can sometimes be subdued if traders await the official Non-Farm Payrolls report released later in the week.Shortby fxwithkayPublished 3
XAUUSD Aiming for Last LowHi there XAUUSD appears bearish on the H1 chart. If the price breaks below 2620, it may drop even further, and the bearish momentum will be supported by daily momentum. Happy trading, K.Shortby KhiwePublished 3