Ready Signal live market trade 🔔GOLD SELL NOW! 💎 🔸 Entry Zone : 2584.50 🔹 TP : 2580 🔹 TP : 2575 🔹 Stop Loss : 2586 🔹 Risk Reward = 1:3 🔹 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 Forex4you012
Consolidation to Bear The market is currently at its new high and its consolidating . I believe it will drop to the 2570 level and we will watch to see if it will go into another consolidation and wait for a break out to see the direction to create a concrete bias for this week. Shortby ShyGirlTheTrader3
Gold in difficult and dangerous areas in case of buying and sellAs for selling, there are no clear areas, but the buying areas seem to me better than the selling option, especially since we have a strong week in news. It may start to decline to the 50 Fibonacci areas and the news of the benefit is seen. In my opinion, I think we may see 2700 during this year. Finally, please be careful during your trading this week. It shows us the direction of investors.by Alrashedi042
Gold - Break and RetestAfter a long consolidation, Gold broke 2530 last Thursday and the move to the upside was sustained into Friday. Price is clearly Overbought, as displayed in the RSI. Look for price to move back to a point of Equilibrium 1. Tenkan Sen - the 9 period midpoint of price @ 2549. Close to the Fibonacci .50 level. 2. Kijun Sen - the 26 period midpoint of price @ 2540. Close to the Fibonacci .618 level. It is possible for price to retest 2530 now as Support. With the anticipated Fed Rate Cut later in the week, all eyes on $2600 for this pair. Shortby Umlingo2
GOLD surpassed the 2,600 USD/oz markOANDA:XAUUSD increased sharply in the trading session on Friday (September 20), with spot gold prices officially surpassing the important barrier of 2,600 USD/oz for the first time in history. The possibility of the US Federal Reserve (Fed) continuing to cut interest rates and geopolitical tensions in the Middle East act as direct catalysts for this breakthrough in gold. At closing, the spot price of gold in the New York market increased by 36.3 USD/oz, equivalent to an increase of 1.4%, closing at 2,622.4 USD/oz. The Fed's move to lower interest rates by half a percentage point on Wednesday is "fueling" gold prices. This precious metal is a non-interest bearing asset, so it benefits in a falling interest rate environment. According to data from CME's FedWatch Tool, interest rate futures traders are betting on a 100% chance the Fed will cut interest rates in both its November and December meetings. In addition, this year, global investors are also actively buying gold to hedge against lingering geopolitical risks in the Middle East and some other places. The trend of net buying gold by central banks to diversify foreign exchange reserves away from the USD also contributed greatly to the increase in gold prices. Israel announced that it had killed a senior commander and important figures of Hezbollah in an airstrike in Beirut, Lebanon, raising concerns about the risk of widespread war in the Middle East. However, US President Joe Biden still believes that the possibility of reaching a ceasefire agreement for the Gaza Strip is realistic. Since the beginning of the year, gold prices have increased 26%, the largest increase in a year since 2010. Some analysts believe that this record increase in gold prices may soon turn into a correction state. The Dollar Index, which measures the greenback's strength against a basket of six other major currencies, increased 0.12% on Friday, closing at 100.74 points. However, the index has decreased 0.37% this week and decreased nearly 4.8% in the past 3 months - according to data from MarketWatch. Longby Xayah_trading3
Gold prices continue to rise stronglyGold prices have soared past the $2,600 mark for the first time, driven by escalating tensions in the Middle East and investors betting on continued interest rate cuts by the U.S. At the close of trading on September 20, gold surged by $36, reaching a record high of $2,622. This marked the second consecutive session of record-setting gains, following the Federal Reserve’s decision on September 18 to cut its benchmark interest rate by 50 basis points (0.5%). Low interest rates favor gold, as the asset does not pay fixed interest. Since the start of the year, the precious metal has climbed 27%, the strongest annual growth since 2010. Investors have flocked to gold as a safe haven amid conflicts in the Middle East and other regions. Additionally, the weakening U.S. dollar has further fueled gold's rise, making the metal more affordable for buyers using other currencies, resulting in its sharp price increase.Longby Angela_ML3
XAUUSD- Possible setupGold- 4 HOURS chart technical analysis if price manage to ful the 2535 area. AB=CD Pattern Context: The AB=CD pattern projects that the price will rise in a predictable harmonic manner, and the D point represents a potential reversal zone. The final point D is projected near $2,635, which aligns closely with your take-profit targets, particularly TP1 at $2,616. Trade Plan Overview: Entry Price: $2,534.57 Stop Loss: $2,547.19 Take Profit Targets: TP1: $2,616 — the first major resistance zone, where the reversal might occur. TP2: $2,600 — close to a psychological level where price may face selling pressure. TP3: $2,592 — another key level, potentially marking the upper end of a short-term reversal. TP4: $2,576 — this aligns with Fibonacci retracement levels, often acting as a stronger support zone. TP5: $2,548 — this is close to your stop-loss level, serving as a final exit point in case the price reverses early. Pattern Confirmation: Completion at Point D: Once the price reaches point D around $2,635, a reversal is expected based on the AB=CD pattern. The confluence of Fibonacci levels and the harmonic pattern provides a strong argument for a potential bearish move from this level. Risk-to-Reward: Given your tight stop loss and wide take profit range, the risk-to-reward ratio remains favorable, especially at the $2,616 level and above. Summary of Analysis: The AB=CD pattern suggests that gold may continue its upward movement towards $2,635, where you expect to start taking profits from $2,616 and below. This pattern aligns well with your provided levels, and the trade setup offers an excellent risk-to-reward ratio, particularly at higher take-profit levels.Shortby factoryforex013
Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.Shortby syomking764183
XUAUSD FOCUS BUYThe price is about to break the high soon. There might be a slight pullback to gather buy momentum, with the price possibly dropping to the order block or demand zone at the levels marked on the chart (POI)Longby FOXJtrading3
Gold Trading on Huge Volume / Fed aftermath positionTechnical / Fundamental analysis: Gold has so far managed to bounce back above the key pivot line, holding from September #7 and that development alone attracted Gold’s Buyers which pushed the Price-action towards #2,600.80 psychological benchmark (Natural reaction), forming an Bottom which can represent last Higher High’s Lower zone on Hourly 4 chart’s newly formed, #1-session old Ascending Channel after local Low's / pivot point rejection. Hourly 4 chart is turning Neutral which is a Natural reaction on Higher High’s Bottom formations and I personally expect (within #3-session horizon) an decline in continuation towards the #2,500.80 - #2,527.80 Short-term Support zone which should be turned into a Support if this #12-session consecutive Buying spree is not to be transferred on the Medium-term as well. Then, if mentioned configuration breaks, my Target will be #2,472.80 - #2,482.80 Support zone in extension once again. Note that currently it is the DX which keeps Gold on recent High’s with it’s current weakness, as Bond Yields, though Bullish on the Medium-term, rebounded on it’s Support zone and is now pricing in new Resistance. Personally, current Intra-day recovery on Gold was over-extended as I await #2,600.80 benchmark test to re-Sell Gold towards #2,500.80 benchmark. My position: I did expected Rate change which should have Bullish after-effect I mentioned and (indeed after a long time) I have Bought Gold with #2,571.80 entry point and closed my order on #2,595.80 which delivered spectacular Profit (every Rate decline is bad news for DX and good news for Gold). I am without any orders, and will await another #2,600.80 benchmark test to re-Sell Gold towards #2,500.80 benchmark. Keep in mind that #2,552.80 - #2,600.80 represents new Trading range and aggressive side Swings are a High probability, so maintain your orders and Trade with strict Risk managements until Gold returns to normal Trading conditions.Shortby goldenBear883
Gold prices increase sharply when economic instability occursIn light of the progress on inflation and the balance of risks, the Committee decided to lower the target range for the federal funds rate by 1/2 percentage point to 4-3/4 to 5 percent. In considering additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities. The Committee is strongly committed to supporting maximum employment and returning inflation to its 2 percent objective Gold prices rose sharply during this period, rising from about $350 an ounce in early 2003 to more than $700 an ounce by mid-2006, an increase of about 100% in just over three years. The positive performance during this time could be a combination of many factors. Rising inflation has created demand for gold as a complete hedge, and because the pace is only increasing gradually, the opportunity cost of holding gold remains relatively low. As of early September, the Fed is warning of the possibility of cutting interest rates while still reaching standard levels. This environment could be beneficial for gold, similar to the 2003-2006 period.Shortby FalCol_TradingMaster3
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20002
GOLD (short) with Previouse AnalysisTurtle soup and Smart Money Concept Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend. Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily) STOPLOSS :- above or below recent swing High 1st TARGET :- Book profit 50% 2nd TARGET :- Book profit 25% 3rd TARGET :- Book profit 25% Consisitency and hard working is the key of success. KEY OF SUCCESS :- *) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle. *) Do not take risk more than 1% of Equity. *) Take Profite Should be More then 2% of Equity . *) Book 50% profit of running trade first and remaining 50% hold for long term.Shortby FTS_25282
Gold (XAUUSD): Swing-Chart-Analyse UpdateWe are now covering Gold (not Barrick Gold) but the commodity. Gold prices are broadly stable after the latest breakout of the consolidation range but still trading at record highs, supported by a weaker U.S. dollar and prospects of a long-awaited interest-rate cut by the Federal Reserve on Wednesday. The Federal Open Market Committee is now expected to cut interest rates by 50 basis points when it ends its two-day meeting on Wednesday afternoon. The CME Fedwatch tool now sees a 65% probability of a 50 basis point rate cut, with a 35% chance of a 25 point cut. A week ago, the tool showed a 70% chance for the smaller drop. Looking at it from a technical perspective we can clearly observe the first consolidation range where after its breakout we wanted to bid the retest but couldn't get the entry right and it was going without us. By being invested in the gold mining company, Barrick Gold, we still participated in some kind of this gold rush 🚀 We have now built a smaller but very similar consolidation range and again got the breakout to the upside, which is picture-perfect. If our count is correct, we are about to finish what seems to be Wave ((v)) & 5. We anticipate these two ends to find their top between the 50-60% Fibonacci extension level, which translates to ~2600-2671$. After that, we want to see a structure shift into the bearish structure, and we are going to bid this Wave (4), but until then, we have to wait until we can anticipate this Wave (4) more surely. Stay tuned for more 🤝by freeguy_by_wmc3
Gold post Retail SalesGold post Retail Sales. A better than expected outcome for RS. US Retail Sales YoY Actual 2.13% (Forecast -, Previous 2.66%). Dollar up, Gold stop hunt into Fri longs underway towards PoC. Here are the levels and bias for now.09:52by Ross-J-Burland2
Gao Jin breaks through new highs, how to trade?Gold soared yesterday and is currently in the 2568 area. Today, the rising speed has obviously slowed down. According to the current trend, pay attention to the 2570-0575 area on the top. Don't blindly chase the rise. It is recommended to rely on this area to short once, and the target is the 2550 area. If it does not break 2550, then you can continue to go long. If it breaks 2550, then be careful of gold reversal Trading is risky. If you don't have a plan for your trading, you can click on the website below, and we will help you trade with the most professional analysisLongby h0k5h0k5Updated 4
gold 2590 vs 50bps cutgold price were range bound in $60 price area but suddenly it breakout on wsj and ft news article on 50bps first cut size possibility. after years of ZIRP and QE big size cut can spark second inflation wave risk since usa economy has not reached into deflation like china this year alone fed has ignored second inflation wave risk two times first in march by saying January effect and inflation bump and second times in Jackson hole speech if fed start cutting rate while ignoring second inflation wave risk is the reason gold breakout the range and trading near $2590 on this h4 time frame - there are two support yellow line dynamic support $2530 static horizontal support if final message of speech stay dovish than gold will stay above $2590 if hawkish then price will retrace back to $2530 by Sangam-Agarwal2
Gold consolidating?We have seen a strong bullish move on gold last week. What do we expect this week? We keep an eye on gold as we await usd news to see if we gain some pips. Long term gold remains bullish.Shortby Gold_Street2
GOLD Bearish correctionAfter that GOLD have reached ATH , now a correction is on the way. We must always remember that every breakout has a correction, especially in markets with stronger support. dont expect big correction, we will walk in SELL positions step by step after get confirmations Shortby CryptoSeniorTrading2
GOLD – PREPARE FOR BATTLE - BREAKOUT AND RETESTTeam, GOLD PRICE is currently at 2609.83 We await the GOLD price to confirm and break out, then retest at 2604-.30-2603.32. Then we will SHORT. Target at 2594.88 Target 2 at 2584.88 Target 3 at 2580.80 Once the price hit first target bring stop loss to BE, it will be a fast sell off Shortby ActiveTraderRoom3
XAUUSD H4 Analysis - Details with Market LevelsPair Name = Gold Timeframe = H4 Analysis = technical + fundamentals Trend = Bullish Details :- Please see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2590 Gold Price level and 2615 Gold Price level. EMA 5 is indicating the trend of the market. EMA Cross over can range between 2590 to 2593. This kind market allow us to buy the dip and cash another next trend move. Strongest retesting zone exists between the price level 2580 to 2585 price level. EMA 5 Crossing levels:- 2590 To 2593 Retracement Zone:- 2580 To 2585 Bullish Gold Levels:- 2615 2638 Bearish Gold Levels:- 2580 2564 2556 2545 Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accuracte analysis according market next move.Happy trading.Longby Alpha-GoldFX3
Gold On mid termsGold has reached all its bullish targets, especially after the publication of the latest U.S. interest rates. It should continue its ascent, but not before a correction that is clearly visible on the bullish channel. Therefore, it's important to monitor the descent at the 2305 level and then consider buying in case of a bullish confirmation.Shortby rayanem2
My thoughts, target and trailing method on the gold tradeHello, I have been a gold bull for a while and 6 months ago I posted a long idea. Last week the price has gone way past my target so I think it might be a good idea to post an update. I am going to divide this in 3 parts: - First taking a look back at this trade and the decisions I made - Second I'm going to check what analysts are saying and upwards versus downward potential - And last, based on the previous two points and TA I'll conclude with a trailing methodology 1- If you were able to get in this was a pretty good trade, easy to hold, but I found it really hard to add to it. In the 2300-2400 area I tried buying the pullback but it was too choppy and random for me, which does not happen that often, usual it's more clean. So in the end of all my winners this year this was the worst one, while the Yen was the best one. If you look at the trends it makes sense, the Yen was a "creeper trend" slow and steady with opportunities to add and on top of that it skyrocketed at the end of that trend, while gold was this skyrocket with a crazy correction that went in all directions. Slow and steady always wins in my opinion. The important thing to remember I think here is to not insist, if the market does not want to offer an opportunity, no point insisting and losing 10 times in a row. Fortunately I did not get chopped out. Opposed to that is the following examples on the Yen, it is choppy, but in a good way, there actually are bottoms, and higher lows, it is pretty clean actually when you look carefully. When the market offers gifts, keep pressing your advantage. That simple. 2- So what are the analysts saying and how far could it go? Permabear (and bull on gold) Peter Schiff is calling 10k, but I think we can dismiss this - not saying it won't happen. Analysts are claiming that the commodity to S&P ratio is quite low and we can prepare for a supercycle. The situation is the same that it was a year ago, only it got even better, countries are continuing to move further away from the USD and are looking to buy gold, stock markets just like currencies are still not very reassuring. Rates had increased but they seem to be going back down after all. I see plenty of reasons for the demand to be high, and little reasons for the price shooting down. It does not appear we are in the euphoria stage, or even close, so gold might still be underpriced and there could be a lot of upside left. The price being at all time high, there are no usual resistances, no bagholders that waited 10 years to breakeven, so logically the only wall I can think of is $3000. No reason for a major pullback till then, which does not mean it won't pullback before 3k as I have no crystal ball. All I know is I have thousands of hours of backtesting, experience, and my analysis. 3- From my knowledge this was a trade with a great risk reward and good likelihood of winning, was aiming for 2500 and since we went well past that price without a major pullback - we had minor ones and a moderate one in the 2300-2400 area - my rules say I must consider holding till the next target, which is 3000. A minor to moderate pullback would be 100ish of less, according to the chart below. Trailing my stop with hops of 100 will still give decent risk to reward (at 2700 I'll be risking 100ish to make 300 or better), and at 3000 a stop of 100-200 is worth it as it could go parabolic and I wouldn't be giving much back. But I have no reason to increase my stop size at 3k, the price might drop by a 3rd (1k in this case) like it did the first time it got to $1000, or by nearly 50% like it did the first time it reached $1900. If there is a major pullback I might as well exit and look for an opportunity to take a new trade. It is unlikely I just keep getting "poop patterns" like I have shown in figure 1 up there, and if we do get these choppy random looking patterns that is too bad, knowing when to sit on the sidelines is the name of the game. Longby MrRenev1