GOLD RISE CONTINUES ??The 15 min support range trend is still in succession following the test of a significant hourly level {2710}. These signs could potential indicate bullish momentum in the short term and continuation of the overall upward trend. ONLY TIME WILL TELLLongby Izzy_AaronsonUpdated 6
GOLD FOLLOW UPWe are still following this guy, he opened market with a gap and a bit of consolidation, we now see a compression in form of pennant which we believe might be a continuation pattern which will catapult us to the selling zone which is the QML - Fakeout ZoneShortby Mars_African_EmpirePublished 6
XAUUSD SELL ANALYSIS RISING WEDGE PATTERNHere on Xauusd price form a rising wedge pattern and now try to fall so there is a probability for doing that if line 2740.58 break and trader should look for SHORT with expected profit target of 2716.11 and 2684.39 . Use money managementShortby FrankFx14Updated 4
XAUUSD SELL ANALYSIS RISING WEDGE PATTERNHello Trader, What do you think about XAUUSD? Here on Xauusd price form a rising wedge pattern and now try to falll so there is chance for that if price reaches line 2655.388 so going for SHORT is needed with target profit of 2582.978 and 2488.741 . Remember to like and share your thought on comment !.Use money managementShortby FrankFx14Updated 221
READY TO SHORT GOLD Hello Traders, Xauusd has reach a resistance zone of about 2739.70 and there is a chance of continue falling as the more sell will come and push the price down so trader should go for SHORT and target profit around support levelShortby FrankFx14Updated 7
GOLD FORECASTIn this analysis we are focusing on 30M time frame for XAUUSD. Today I'm looking potential drop in gold price, So wait for price when it comes into our zone. After taking some additional confirmation like volume increase or decrease and RSI divergence. Then we will execute our trade. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my prediction and analysis. #GOLD M30 Technical Analysis Expected Move.Shortby TradeTacticsrealUpdated 9
Xauusd Going Down Gold holds on to modest intraday gains but trades below Friday’s close and within familiar levels. XAU/USD daily chart shows moving averages keep heading north far below the current level, with the 20 Simple Moving Average (SMA) accelerating higher, in line with buyers’ dominance. Technical indicators, on the contrary, offer neutral-to-bearish slopes holding within positive levels.Shortby FxJohnsonPublished 3
Gold Out lookWe have a mixed overview on gold as todays market opening has gone against our anylisis but as i always say no one is perfect in this market there is a probability Rati in this game so we are still bullish over gold but as gd is moving in a Minor 1H channel and has is consolidating in the channel we will be looking for buys when the pair breaks the channel above and currently its moving to its 4H Support level if price rejects the level and moved back and breaks above the newely formed resistance level of 2740-44 we will seek a bullish position as the price is consolidating we are bearish to 4H Support Longby Wakeel_SaabPublished 111
GOLD SHORT TO $2,540 (4H TF)⭕️5 Wave Bullish Move Complete. ⭕️Overbought Market Conditions. ⭕️DXY (Dollar Index) Bullish.Shortby BA_InvestmentsPublished 9
Gold Trade plan -18/10/2024-Ascending ChannelDear Traders, As long as gold remains within this double channel, the Bottom and Top levels provide excellent entry and exit points." Dont Forget like&Comment please ! Regards, Alireza!Longby alirezakUpdated 3311
XAUUSD Short term correction is in order.Gold / XAUUSD is extending the August Channel Up, having priced yesterday the latest Higher High on a +6.00% increase from the bottom. This is the start of the technical short term pull back of the Channel. The 1day MA50 hasn't been broken yet, so the price is still high enough for a good short. Target the 0.382 Fibonacci retracement at 2700, which is where the last two pull backs found bottoms. Previous chart: Follow us, like the idea and leave a comment below!!Shortby TheCryptagonPublished 228
XAUUSD: Bearish Channel targeting 2700.Gold has started a Bearish Channel to correct the long term bullish trend of the Higher Lows. This is the 2nd such pattern and the previous one broke below the 1h MA200 and bottomed at -3.05%. Sell now that the price is on a Lower High and target 2700. Follow, Like, Comment below!Shortby YahooSignalsPublished 2
GOLD eased slightly from new era highsContinuing to be influenced by the approaching US presidential election and the increasingly new conflict in the Middle East, along with other conflict risks in the Asian region have boosted OANDA:XAUUSD continues to be the top haven asset refreshing to new all-time levels. A Reuters/Ipsos poll shows Democratic Vice President Kamala Harris leading former Republican President Donald Trump by a slim margin, 46% to 43%. Strong buying activity by central banks and expectations of US interest rate cuts have also supported gold's 33% increase this year. Fed officials continue to weigh in on the future, with Jeffrey Schmid favoring a slower pace of rate cuts and Mary Daly predicting deeper cuts. Citigroup raised its three-month price forecast by 3.7% to $2,800 an ounce on expectations that continued labor market weakness will boost demand. Israel and its rivals Hamas and Hezbollah have vowed to continue fighting in Gaza and Lebanon, leaving little hope for a solution to the ongoing conflict in the Middle East. Rising geopolitical tensions often cause investors to flock to safe-haven assets such as gold as a "bunker" against risk and uncertainty in global markets. In the context of geopolitical and economic instability, gold is considered a safe haven tool to hedge risks, and lower interest rates also increase gold's investment appeal. Gold is up more than 33% this year and has renewed all-time record highs multiple times. Analysis of technical prospects for OANDA:XAUUSD Gold has not yet broken the price channel with the upper edge confluent with the price channel and this is considered the most important resistance currently. Gold is down a bit from the aforementioned confluence but overall in the interim it can only be seen as a weak correction signal, with the Relative Strength Index pointing down without breaking the 75 level, if the RSI turns down Below level 75 it will send a clearer signal for a correction towards the 50 area. Temporarily, gold's decline should only be considered a short-term correction, technical conditions still support the possibility of price increases. However, in case gold falls below the 1% Fibnonacci level it would be a good signal for a possible further correction with a target then around $2,721 and more to the $2,711 Fibonacci level. 0.786% expansion. During the day, the bullish prospect of gold prices with technical correction cases will be noticed again by the following price points. Support: 2,721 – 2,711 Resistance: 2,748 – 2,750 SELL XAUUSD PRICE 2767 - 2765⚡️ ↠↠ Stoploss 2771 →Take Profit 1 2760 ↨ →Take Profit 2 2755 BUY XAUUSD PRICE 2709 - 2711⚡️ ↠↠ Stoploss 2705 →Take Profit 1 2716 ↨ →Take Profit 2 2721Longby Xayah_tradingUpdated 1114
SELL GOLDWe are still short term bearish on GOLD. From this point 2744 level to 2690-2670 level as target. From there we will look for long term buy opportunities. This level 2744 offers a potential selling opportunity with low risk. Put your stops above 2760. Use proper risk management. Shortby GeminiWealthGroupUpdated 10
Gold Long PlanIf you are following then follow with Risk management , its 3RR Trade, H4 DOL, 15 Mint CISDLongby TradeWithDanishUpdated 5
Gold will Might continue the fallOpen a good lot and use a tight stoploss...and wait for the fall. Enjoy your profit.Shortby SwiftTradrPublished 6
XAUUSD: Trading In The 2720-2740 RangeI'm not sure if everyone followed the signals before last Friday's close, but if you did, today's trade should definitely be profitable. Currently, after filling the gap from today’s lower opening, gold has once again begun to decline, forming a pattern similar to a double top. While there is some support at the current level, it is not strong. From the perspective of the ascending trend, strong support should be around 2722, while the horizontal support from the head and shoulders pattern lies in the 2718-2712 range. By connecting the high point from last Friday's close to the high point of today's rebound, we can identify a downtrend, with resistance located near 2737. Therefore, today's subsequent trading will primarily focus on the range between 2740 - 2720. If the trend breaks, we will need to adjust our strategy accordingly.by Mia-SignalUpdated 7
XAUUSD Shorts?Price currently around 1HR Resistance zone (2,740-2,745), counter trend opportunity. Shortby DeensesayPublished 3
The golden convergence triangle oscillates upwards!Today's trend did not continue the strong rhythm of last Friday. Although the lowest test of gold was around 2724.60, the rapid rebound showed that there was some support below. The overall low point of gold's fluctuation was moving upward. Gold's lower support is near 2728, and its upper resistance is near 2745 and 2749. Longby Donald-trading-starUpdated 5
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.Longby syomking76418Published 2
gold short sellingthe gold forms a diamond top and ascending triangle , signals making seller opportnity to go shortShortby Forexnation237Published 2
Bearish Momentum Holds Below 2738; Bullish Breakout Above 2739GOLD As long as the price remains below 2,738, a bearish trend is favored, potentially reaching 2,719 and 2,712, with an extension to 2,695 if downward momentum persists. However, a 4-hour or 1-hour candle close above 2,739 would signal a bullish shift, targeting 2,748 and 2,758, with a further breakout required to advance toward 2,775. Key Levels: Pivot Point: 2738 Resistance Levels: 2748, 2758, 2775 Support Levels: 2719, 2709, 2695 Trend Outlook: Bearish while under 2738 Above 2739: UptrendShortby SroshMayiPublished 114