GOLD Bears Will Push
The analysis of the GOLD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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XAUUSDG trade ideas
#GOLD... Retest is done? What's next?? #GOLD.. perfect move as per our analysis and market retest is done to our trend line.
Keep close that trend line because if market holds it then again drop pecpected from here.
Keep close the line and only invalidate above that.
Good luck
Trade wisely
Correction up for goldHi traders,
Last week's price action of XAUUSD did exactly what I've said in my outlook. It continued to drop lower the whole week.
Now we could see a (small) correction up to the higher Daily FVG and 38.2 fib. retracement.
Let's see what price does and react.
Trade idea: Don't trade. Or wait for a (small) correction down on a lower timeframe to trade (short term) longs.
If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
XAUUSD: Losing Bullish MomentumHi there,
The RSI crossed the RSI moving average at a resistance level. Therefore, the price is expected to drop, with a target of 2580 and a bias of 2563.
Have a great week.
K.
Opportunity to buy GoldOpportunity to buy Gold
Key bar appears at the bottom at 4H chart,
and the price pull back around 0.5 and continue
to go upward
Therefore, buy gold around 2559
SL: Below 2551
TP1: 2605
GOLD MARKET UPDATEHey Everyone,
This is the weekly chart we have been tracking for over 1 month now and also shared on Sunday.
Last update we stated that EMA5 failed to lock above, which followed with the rejection last week but still maintaining support above the channel top.
We also stated that we will be keeping in mind the channel top for long range corrections, which is likely to provide support like we stated before.
- This played out perfectly with the correction that we are seeing now testing the channel top inline with the weekly chart retracement range. We are now expecting a reaction here .
If the channel top continues to provide support then we will track the movement up, confirmed with ema5 cross and lock or candle body close.
However, if we continue to see tests on the channel top and then get a break inside the channel, then we will track the movement down, inline with our plans to buy dips, using our smaller time-frames, keeping in mind the long range gap for the future.
Buying dips allows us to safely manage any swings, instead of chasing the bull from the top.
OUR 1H AND 4 CHART UPDATE
Bothe of these charts have tested the swing range, which gave the 40 pip bounces, just like we always state but didn't get the full swing yet. (This is the reason why we always state 40 pip bounces on our weighted levels, as it always delivers, even when it breaks through.)
We are now tracking the 4H chart, where price is playing above the support structure. As long as price maintains above the 4h chart support structure, we should see a correction back up to test the upper Goldturns.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
GOLD ANALYZEIn this analysis we are focusing on 1H time frame for GOLD. For finding the upcoming moves and changes in gold price. Let's see what happens and which opportunity market will give us.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analyze or prediction.
#XAUUSD 1H Technical Analyze Expected Move.
GOLD--> Trend favors sellersGold prices maintained their recovery momentum on Wednesday, gaining over 70 pips early in the trading session and currently trading steadily around the 2639 USD level.
While the metal is showing signs of upward movement, this momentum appears to be short-lived as the overall trend remains favorable for sellers. The primary driver is the weakening of the US dollar, as investors take profits following last week's strong rally. Since gold is priced in USD, a weaker dollar makes the metal more accessible to buyers using other currencies.
Additionally, ongoing geopolitical tensions continue to provide strong support for gold prices, with the current target aimed at the resistance level of 2665 USD. If the price successfully breaks this level, further recovery could be expected. Conversely, if it fails, the recommended strategy remains selling in line with the primary trend.
Xauusd buy Gold buyers need a daily candlestick closing above the 50-day SMA at $2,660 to unleash additional recovery toward the 21-day SMA at $2,680
Gold now buy 2666
Support 2675
Support 2685
Keep Buying Buy On Dip & Sell On TopXAUUSD GOLD RUNNING, as planned first Buy Area at 2542 - 2563 is done.. So far gold up 31 Poin.
Now We are keeping an eye on XAUUSD Buying Opportunity Around 2589, 2604, Once we get any Bullish confirmation, the trade will be executed.
Disclaimer: This chart is informative. The information & recommendations provided are not always complete & accurate, so customers need to verify personally. Trading futures is a costly activity and brings not only profits but also losses
Gold Price Analysis: Key Levels and Potential MovementsGold Technical Analysis
The price has approached a key resistance level of around 26,412 before retreating. A further decline is anticipated, potentially reaching 26,212. If a 4-hour or 1-hour candle closes below this level, the price may continue to drop, targeting 25,888.
Conversely, if the price reverses and stabilizes above 26,444, it would signal a bullish trend, with potential upside movement toward 26,777.
Key Levels:
Pivot Point: 2625
Support Levels: 2612, 2588, 2558
Resistance Levels: 2644, 2660, 2677
Trend Outlook:
- Bearish by stability below 2625 and 2612
- Bullish above 2644
Gold's next target: $3,000Gold's next target: $3,000
I believe GOLD will consolidate around $2500-2700 in the coming days. Since $3000 is a psychological level, it will be the initial target, but it could go even higher.
Gold price continues to increaseGold prices continued their upward adjustment today, marking a three-day streak of gains as heightened risk aversion fueled demand for safe-haven assets. This impressive rally comes despite the strengthening U.S. dollar, showcasing the precious metal's resilience in uncertain market conditions.
So far this week, gold has surged over 3.40%, with bullish momentum driving prices closer to the key $2,700 mark. As investors seek refuge from mounting geopolitical tensions and economic risks, gold remains firmly in the spotlight, reinforcing its role as a reliable hedge against market volatility.
GOLD WILL FALL SOONhello guys hope you have a great friday . the price perfectly moved according my last forecast with +310 pips profit and reached to target2.
in the past gold broke downtrend and ma200 and went up in this week now gold is near strong resistance .
the price rejected from this level before .
rsi show us overbought area i expect price fall soon to my targets
Still bullish long term IMOI have seen this before with gold... where we have a sharp move and then slowly resuming the overall trend. If my analysis is correct (although still learning the EWT) the move down that we saw last week was just a correction from the move that started on the 8th of August.
And this move down almost reached wave 1, but did not. Which makes me think the bulls are still in control. And if the analysis is correct, then 3000 levels should be within reach.
XAUUSD H4 I Reversal off a pullback resistance?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2684.52, which is a pullback resistance close to 61.8% FIbo retracement.
Our take profit will be at 2642.84, a pullback support level.
The stop loss will be placed at 2727.54, a pullback resistance level.
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2615->2482->2725->2575->2828 XAU FINAL MOVE 2024final bullish anticipated target to complete the bullish momentum we are holding from last year at 1800 right after tensions in the middle east have risen due to hammas invading israel on putins birthday sky rocketing gold acting as a huge catalyst for gold to finally go bull. current support if 1800 then a $1000 dollar increase to $2800 is well within reach considering how close we already are.
congrats on all the traders who have been following my trades since covid. hope you now ready for the big game
i am still swinging my postions. will update when i begin to short the market
FX:XAUUSD FOREXCOM:XAUUSD OANDA:XAUUSD FXOPEN:XAUUSD EASYMARKETS:XAUUSD FXOPEN:XAUUSD PYTH:XAUUSD THINKMARKETS:XAUUSD VANTAGE:XAUUSD SAXO:XAUUSD FX_IDC:XAUUSD ICMARKETS:XAUUSD EIGHTCAP:XAUUSD
GOLD SELL SETUP!!Analysing GOLD IS not hard as you Thinking. Let's see how this setup will plays out.. Blaq Forex is the Future..
XAUUSD Trading Idea. Sentiment: (Neutral-Bullish)Strategy: A potential bullish reversal strategy could be to look for a breakout above the neckline resistance around 2,613 with bullish confirmation from candlestick patterns or indicators. A stop-loss could be placed below the recent swing low, with targets set at key resistance levels or based on risk-reward ratios.
Sentiment Analysis: The market sentiment appears to be shifting from bearish to neutral-bullish, with the formation of the double bottom pattern and the potential for a trend reversal.
Market Structure Analysis: The recent price action has formed a clear swing low around 2,536, which could act as a significant support level if the potential bullish reversal plays out. The key swing high to watch is the previous high around 2,670, as a break above that level could signal a stronger bullish momentum.
Indicator Analysis:
RSI: Bullish divergence, indicating potential for a trend reversal.
Signal: The RSI has formed a bullish divergence, with the price making lower lows while the RSI has made higher lows, suggesting potential buying pressure.
Interpretation: The bullish divergence in the RSI is a potential reversal signal, adding confluence to the double bottom pattern on the price chart.
Indicator Confluence: The double bottom pattern on the price chart and the bullish divergence in the RSI are confluent signals, increasing the potential for a bullish reversal.
Volatility Analysis:
ATR: 30.4 (Based on the recent price range)
Trend: Volatility appears to be contracting, with the price range tightening.
Range: The recent price range has been relatively narrow, around 100 pips.
xauusd made a dropmarking this time with the auto fibo that we have made, and is in the 50 zone based on auto fibo, manual withdrawal is in the golden ratio, meaning that the opportunity to decline will still occur until the middle of next week.
gold 5 waves complete now abc correction in progress🔸Hello guys, today let's review 6hour price chart for gold. The 5 wave
bullish impulse is complete now we are entering ABC correction.
🔸Wave1 was 2335/2472, Wave2 2472/2372, Wave3 2371/2653,
Wave4 2653/2605, Wave5 2605/2770, now ABC correction, currently
A in progress 2770/2525.
🔸Recommended strategy for gold traders: higher risk bounce play
once A completes and transitions into B bounce, BUY/HOLD 2525
exit at 2678. Lower risk sell side setup: B completes near 2678
short sell into bounce exit at 2383 once C completes into liquidity
order block zone. good luck traders!
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Xauusd buy confirm Gold could run into sellers at $2,655 on the road to recovery
The immediate resistance is seen at the $2,630 round number, above which a strong topside barrier aligns at the 50-day Simple Moving Average (SMA) at $2,655.
Gold now buy 2618
Support 2632
Support 2651
Resistance 2602
Resistance 2590
Potential Long Play on GoldProvided a chart earlier about looking for short term and intermediate term shorts at a level above current price. Looking for a short term long into that level :)
