XAUUSD: Gold prices are bound to reboundLast week I said that the price of gold will continue to rise this week. After the opening, the price of gold rebounded to around 2460.
On Monday, the London market predicted that the price of gold would fall again. Then the short position made a profit again. At the same time, it was said that if the price of gold fell to a low level in the New York market, it could continue to be bought. Sure enough, the New York market continued to create new lows for the price of gold. And it reminded investors with large funds to continue to buy.
The price of gold finally stabilized at 2366 and rebounded sharply by 30+ US dollars.
Today's profit once again set a new intraday high.
If you are a buying investor. The current order is in a loss state. Don't panic.
Just follow my precise signals for precise trading. You don't need to have a good trading mentality. No matter how aggressive you are. Or you are a steady player.
Just strictly follow my precise instructions. You can simply expand profits or recover losses. TVC:GOLD FOREXCOM:XAUUSD OANDA:XAUUSD COMEX:GC1!
Goldprice
Gold Holds 50-Day MA - Breakout Potential RemainsGold has rallied back sharply after testing its 50-day MA near $2375 earlier today. The precious metal has yet to set a “lower low” since early June, keeping the near-term bullish momentum intact for now.
For this week, traders will be looking to see if XAU/USD can recover back to the $2450 level and ultimately break above the record high at $2485 to clear the way for a continuation toward $2600+ in time.
On the other hand, a close below today’s low and the 50-day EMA would erase the near-term bullish bias and shift the outlook to neutral for more consolidation between $2300 and $2400.
-MW
The GOLD market is generally on the rise8.6 Gold Analysis
8.5 Gold fluctuated and fluctuated, with an overall decline of more than 0.74%
From the daily chart, gold is still on an upward trend. Coupled with the interest rate cut in September and geopolitical tensions, gold still has a lot of room for overall growth in the later period
GOLD - Long active !! Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect bullish price action as price rejected from trendline + LZ + FIBO 0.618 level.
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Black Monday hits, and the stock market is all downThe US dollar index rose 1.1%
The largest single-day percentage since November
Gold fell 2%
Nikkei and Dongzheng index fell nearly 9%
South Korean stock market fell 8%
Basically, all Asian stock markets ended in a bloodbath
Monday gold analysis
Support level 24218 2420
Resistance level 2455
The market has been volatile recently. I hope every trader will enter the market with caution. I will release the latest news every day
You can follow me
You can also raise your concerns in my comment area
xauusd:It will rise again next week!All the strategies I sent this week are profitable. Shorting gold after the release of NFP data today has made huge profits again.
But I predict that gold will rise again after reaching the support position next week, because DXY will continue to fall, which will further drive gold up.
If your current account is still facing losses or there are orders to be processed, you can leave me a message and I can help you solve it.
I will send more accurate strategies in the future to help you make greater profits. Keep paying attention to me, there will be accurate signals every day!
Who has been losing money in this market?
After the release of the non-agricultural data, the gold price first rose sharply by 20 US dollars to 2477. Then it quickly pulled back under the huge shock at the high level. It pulled back to 2456 again. Then it rose to 2477 again. It repeatedly rushed up and fell back twice. Obviously, the upward momentum was insufficient and it could not refresh the previous high again. Finally, after a short-term narrow fluctuation, it fell sharply. The current price is 2419, and the lowest price dropped to 2413.
The overall gold price has gone through a roller coaster market. The wonderful dealers absorb funds and then control the market, and the poor retail investors suffer.
I only operated twice in two consecutive tug-of-wars. The overall profit is still relatively ideal.
As of August 2, 16.20 in the afternoon. The current operation has almost no failure. I used an account of 216.86k to trade before, and I have withdrawn 186.71k.
It just caught up with such a big market once a month. when there is a big market, it is time to make money.
Just a simple sharing. This Friday is wonderful. My members must feel the same way.
Because they witnessed it all happen.
Additional suggestion: If the gold price falls to the range of 2406-2399, I will consider buying.
COMEX:GC1! TVC:GOLD OANDA:XAUUSD
Make Easy Profits from Gold Trading Monday.
xauusd
Today is Monday. August 5, 2024.
Gold has been sweeping the market since the opening. There are huge fluctuations up and down. The trading risk is very high.
But looking at the data and analysis, you can see that the fluctuation range of gold is in the resistance price area. The price is not out of control. So when we face huge fluctuations, what we need to do is to distinguish the transactions:
I will give you a few recommended trading areas:
Gold sell signal range:
1/xauusd sell 2461-2465 (the possible price ceiling today. It may not be touched)
2/xauusd sell 2477-2474 (the highest price of gold last week)
In fact, there are many better entry and selling price ranges, but I don’t think it is suitable for novices, so I won’t recommend it.
Gold buy signal range:
1/xauusd buy 2418-2420
2/xauusd buy 2408-2410
3/xauusd buy 2390-2393
Trade according to the signal, you will not lose. Most of the time you will win profits. I wish you all a smooth trading. Gold is still in the sweeping period, so I hope everyone will take a good stop loss transaction.
I update the profitable signals every day. If you make a profit according to my signals, please give me a thumbs up and join me. Thank you
In such a market, you can make money no matter how you trade.The sharp decline in global stock markets has provided strong support for the decline in gold prices. Although there was no expected interest rate cut last week, the market strengthened again after a high and then fell back. It is the same as my personal expectation. Friends who follow me know that I said my thoughts in advance last Friday. Continue to be long gold prices. The highest gold price in the Asian market reached 2460. It fell back to 2421 during the session and encountered support. Gold prices rose again in the London market. The current price is stable at 2433.
In terms of operation, you can continue to sell high and buy low without sending messages. If the price is low before the New York market arrives, I think you can continue to increase your efforts to buy.
Still the same. Investors with large funds can directly enter the market in advance to ambush.
A new release channel has been created. Remember to keep paying attention. As a good reference guide. If you are not in a good mood and you can't trade, leave me a message to get accurate trading details. After all, I am sent by God to save those who continue to lose money in the market. People who follow me know that I have hardly suffered any losses so far.
COMEX:GC1! COINBASE:BTCUSD TVC:GOLD OANDA:XAUUSD
4H Time Frame Did A Pullback? Or Potentials Sell?As For The 4H TF I Can See After The Adjustment Gold Has Broke The Parallel Channel And Make A Massive Pullback Last Friday With NFP And Now Again Heading Back Up Side .But The Same Scenario Showing A MSS And LH In Same Period Of Time .Will See With The Best Conformation After Market Make The Move.
With The Ongoing Geo Political Situation On Middle East Gold Has A Strong Demand As A Safe haven Asset. As Investors Seeking For A Safe Background On There Asset. Last Friday Was A All Red Day For The STOCK/CRYPTO/COMODITY And All The Trading Assets.
Upcoming Weeks Will Be Bit Tough To Find A EDGE To Get Accurate Entry's I Suggest You to Go With Fixed RR With 1:2 Or 1:3 Don't Get Greedy With Your Positions Get The Best Profit As You Can
i'll Try My Best To Give You Most Probability Setups .Will Me One Or Two Setups Per day.
Gold analysis: It will definitely rise next week!Today's gold and US dollar trends are currently moving in both directions
Currently, gold has fallen rapidly after reaching a high of 2477 and is hovering around 2430.
The analysis of gold and the US dollar in the past few days is completely in line with my predictions. All the opinions I posted also confirm this result
If you don't have a clear understanding of the market control now or don't fully understand the transaction, you can contact me
I will guide you to make the most correct choice
Of course, I will also push the latest information every day
Which way will gold trend before the release of non-farm payrollMarket analysis:
Yesterday, the gold market opened at 2448 in the morning, and then the market rose to a high of 2458.3, and then fell. The daily line reached a low of 2430.1, and then the market started to rise. The daily line reached a high of 2462. during the US trading period, and then the market fell back in the late trading. The daily line finally closed at 2446.3, and the daily line closed with a long-legged cross star pattern with equal upper and lower shadows. After this pattern ended, the daily line market was close to the upper Bollinger rail pressure, and whether it could go up further depends on the evening non-agricultural guidance. In terms of points, the long positions of 1996 and 2028 below, the stop loss is followed at 2250, and the long positions of 2434 and 2431 yesterday were reduced and the stop loss was followed at 2431.
With the upcoming release of non-agricultural data and the possibility of a full-scale conflict in the Middle East, and the corresponding explanation of the Fed Chairman on the September rate cut, I believe that everyone has a basic judgment on the trend of gold.
My personal analysis is that gold will reach a historical high
If you have other ideas about this point of view, please like it and write your ideas in the comment area
Gold Gonna Drop Massively Until 2300?Gold Gonna Drop Massively Until 2300?
After Hunt Today Sellers And After NFP It Hunt Buyers Is Now Gold On The Right Direction That Must Go? Will Gold Fall To 2300?
But The Fundamental Situation Is More Favorable To Gold BTW.
Instantly Gold Has Drop 450 Pips
Will See Next Week
NFP will fall first and then rise. Buy at low positions
If you are not sure about the direction of NFP. Just wait and see, don't trade. Today's non-farm, my personal idea is to fall first. Then rise. In terms of operation, buy at low levels.
It is more reasonable to buy at 2448-2443. Based on the news, it will fall first and then rise. Then trade.
OANDA:XAUUSD TVC:GOLD COMEX:GC1!
Gold bulls can soar to new highsYesterday Wednesday morning, gold opened near 2410, the opening shock down near 2407 to stop into the shock, long and short in 2410-2407 after a saw-saw a wave of low near 2403 to stop rising through 2410, the highest to 2412 line once again ushered in a low 2404, but unfortunately, the short did not open down, Instead, it is ushered in a bull counterattack to break 2420, as of the eve of the European trading, gold is also the highest rose to 2423 line to usher in a stop. During the European trading session, gold climbed further higher near 2425 and ushered in a halt to fall 2415, unfortunately, the bears did not have further lower momentum, long and short is therefore Mired in the range of 2422-2417 oscillations, in this sense, the market volatility is also Mired in bleak. And the United States trading period, the gold shock since 2417 ushered in a bull outbreak to pull up near 2429 ushered in a halt to fall, gold is therefore a flash down near 2419, followed by gold shock, until the midnight interest rate resolution and Powell speech, gold only ushered in a further climb, gold is therefore a surge to break 2430-2440, The highest level reached 2450, and finally gold closed at around 2447.
- Can gold bulls hit new highs? Powell releases pigeons, can gold still top? -
So for yesterday, Wednesday operation I also said.2420-2430 short, this is not much of a problem, and ADP data although the judgment is bearish is also a reversal, but the fact is, ADP more gold in the case, the market has no volatility, this point, the market is waiting for midnight Fed dynamics to choose the direction. So for the Fed's interest rate resolution and Powell's speech last night, I expected to be biased toward the eagle, but unexpectedly, Powell is the opposite of the dove, which also let me be caught off guard. Of course, in fact, it is not that the absolute pigeon is loud, relatively, as always likes to play tai Chi Powell, but also for the future market buried a lot of fodding, this point, you for the future market, also need to be careful. Of course, for the moment, after Powell's speech, the market is also waiting for a further outbreak of non-agriculture tomorrow, and, in the case of gold, which is currently at a high level, there may be a further baptism, which you need to be cautious about.
So for last night, what did Powell say and what impact will that have on gold? First of all, for last night, Powell revealed that there are Federal Reserve officials support radical adjustment of interest rate policy last night, which undoubtedly intensified the market's bet on interest rate cuts, especially Powell said that inflation is no longer the focus of the Federal Reserve data, now the Federal Reserve is more concerned about the labor force and unemployment rate data. And also said that more will choose to consider whether to adjust the interest rate policy in September, that is to say, the market is currently focusing on Friday's non-farm employment data report and unemployment data, once the US labor force performance has slowed down slightly, then the September rate cut or will be a certainty, and considering the market institutions. Maybe the gold market may also face the possibility of further washing, this, you need to be careful about it.
So, for today, on the basis of Powell's pigeons, can gold bulls usher in an outbreak of pull up? First of all, although it is said that Powell's pigeons are helping gold bulls, but you do not forget that gold has stopped rising since 2353, itself is the existence of the market to Powell's speech to put pigeons bet, and gold has risen 2450 since 2353, bulls have also erupted nearly 100 points, this wave of bullish impact is actually digested in advance, and to tell the truth, Even if there is the impact of interest rate cuts, gold is not so able to rise, if not for the two days of geopolitical risk to stimulate further support for gold bulls, gold is estimated to be unable to overcome even 2440, so in this case, I personally believe that bulls are currently facing exhaustion, and, can currently lead to interest rate cuts landing there are surprises, if the non-agricultural market on Friday is bearish, Then it will also reflect the strong labor market in the United States, which will lead to the occurrence of bull flight, which, for the current time, you are still cautious about it.
So for today, in the morning, gold has been blocked from opening 2450 back to 2444 and has climbed, but generally speaking, gold is currently in the vicinity of 2450, in this case, I still reiterate the view of bearish peak, at present, although the bulls are strong, but more, I think the bulls are dying, For this pull up, although it will stimulate the market to buy further sought after, but the relative, will also trigger the market institutions harvest opportunities, for the current, I personally think that the gold stage reached the top, if you have the opportunity or batch layout of the long-term empty single defense. Above, 2460 can not break the preliminary layout, and further defend 2470-2480 to find the opportunity to layout. Below do more need to wait for 2420-2400 not to break again to participate, of course, for today, make up to exclude the possibility of further exposure to market control baptism, you remember to pay attention to random response.
Waiting for recovery to buy✨Fundamental Analysis
Gold prices extended gains and traded near the psychological 2400 level. The US Personal Consumption Expenditures (PCE) price index data released on Friday showed a modest increase in inflation in June and raised expectations of the imminent start of the Federal Reserve's (Fed) interest rate cutting cycle. This led to further declines in US Treasury yields, which also supported gold prices.
Traders also preferred to wait for the outcome of the two-day Federal Open Market Committee (FOMC) meeting on Wednesday. This, along with important US macroeconomic data scheduled at the beginning of the new month, including the Non-Farm Payrolls (NFP) report, will provide fresh impetus to gold.
✨Technical Analysis
Buyers are struggling to capitalize on the bullishness in the European session to push gold towards the 2,400 level. Meanwhile, the momentum above the $2,400 round figure is likely to face some resistance near the 2,408 area, around the $2,432 area.
On the other side. The immediate support that gold receives is around the 2,382-2,380 level. Weakness below $2,380 may be more unlikely to push the price back to the breakout zone, currently anchored near the $2,360-2,359 area.
The bullish trend is preferred by investors and they are waiting for a nice retest to get a BUY signal in line with the main trend of the market.
Resistance: 2408 - 2431
Support: 2382 - 2365
SELL price range 2408-2410 Stoploss 2413
BUY price range 2380 - 2382 stoploss 2377
GOLD BUY | Idea Trading AnalysisGOLD is moving in an ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
XAU/USD 01 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterday's analysis dated 31 July 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS, printing an all time high.
After BOS/iBOS price is expected to pullback.
Last analysis and intraday expectation was for price to pull back into discount of 50% EQ or H4 demand zone before targeting weak internal high which currently seems underway, therefore, intraday expectation remains the same.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price printed a bulish iBOS followed by a double bearish iBOS.
Whilst the most recent bearish iBOS did not print a bullish CHoCH, I was happy to mark the internal low as price had reached 50% and in to premium of the internal EQ.
After bearish iBOS we expect price to pull back, therefore, for an early indication that pullback has initiated we need to see price print a bullish CHoCH.
Intraday expectation: Price to print bullish CHoCH to indicate pullback initiation before targeting weak internal low.
M15 Chart:
1-Hour Chart AnalysisVisit fourtrades website for more insight
The 1-hour chart shows a clear uptrend with gold trading within an ascending channel. The price has recently tested the upper boundary of this channel and is now experiencing a minor pullback. A critical support level to watch is around $2,430, marked by the lower trendline of the ascending channel and previous price action.
Key Observations:
Support: $2,430
Resistance: $2,472
Potential Scenarios:
Bullish Continuation: A bounce off the lower trendline could see the price retest the $2,472 resistance level.
Bearish Correction: A break below the $2,430 support could lead to further downside, potentially targeting the next support level around $2,400.