Xauusd sell Gold touches the top of its range and then falls back down to $2,500 after the release of US inflation data on Wednesday. The benchmark 10-year US Treasury bond yield rebounds on stronger-than-forecast monthly core CPI print and drags XAU/USD lower.
Gold now sell 2514
Support 2495
Resistance 2525
Goldsignal
Gold Analysis==>>Double Bottom Pattern==>>Short termGold is near the Heavy Support zone($2,484-$2,431) and moving Support lines .
In terms of Classic Technical Analysis , it seems that Bitcoin has succeeded in forming a Double Bottom Pattern .
Also, Regular Divergence (RD+) between Consecutive Valleys .
I expect Gold to rise to at least $2,518 .
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | GOLD returned to the channel boundariesGOLD is moving in an ascending channel between the trend lines.
The price pulled back from the resistance level, returned within the channel and broke down the dynamic support level.
The ascending structure of the chart is broken.
We expect the decline to continue.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GOLD channel break attemptGOLD is moving in an ascending channel between the trend lines.
After attempting to break through resistance, the price formed a doji and a bearish takeover and then dropped below the resistance level.
The chart has already reached the dynamic resistance level.
We expect a decline after breaking the lower boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Gold Analysis==>>Triple Top PatternGold could NOT make a new All-Time High (ATH) on the third attempt and started to fall again, forming a triple-top pattern .
Also, Regular Divergence (RD-) between Three Tops .
I expect Gold to break down to at least the Support line .
Note: My previous post about gold is still valid, and my stop loss (SL) was $2,530😎.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold Analysis==>>Adam & Adam Double Top PatternGold failed to form a new All-Time High (ATH) at the beginning of the week.
Gold has successfully formed the Adam & Adam Double Top Pattern in the Potential Reversal Zone (PRZ)($2,539-$2,515) and breaking the Support lines .
Credit terms of Adam & Adam Double Top Pattern:
🔸The Adam & Adam Double Top Pattern has the most credibility among the Double Top Patterns after the Eve & Eve Double Top Pattern .
🔸 Regular Divergence(RD-) between two Tops.
🔸The slope of the second top is higher than the slope of the first top towards the Neckline .
I expect Gold to decline to at least the target of the double top pattern and attack the lower support line .
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GOLD → it is on widening patternhello guys.
as you can see gold is forming a fake divergence on the RSI indicator!
on the other hand, it is forming a widening pattern too.
we can wait until the pattern breaks or we can get a short position on the upper yellow area.
the target is $2470.
__________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Gold and important resistance $2,600In the monthly time frame, we see the formation of a descending angle pattern. The ranges of 2,500 and 2,600 dollars can be considered as the main resistances of gold. It is expected that after the price hits the ceiling of the corner pattern, we will see correction and fall in gold.
GOLD possible sell for 2472 & 2462last weekly bar of the month of August is inside bar, range confined within the range of previous bar. 2517-24 supply zone area for sell which is 0.608%-0.79% fib levels. stop above the previous week high i.e. 2532, first target: 2473, price may bounce up from there again. then next possible target after correction is 2462
GOLD → if the neckline breakshello guys.
Inverse Head and Shoulders Pattern:
The price action is forming an "Inverse Head and Shoulders" pattern, with the left shoulder, head, and right shoulder clearly marked. This pattern typically indicates a reversal from a downtrend to an uptrend.
The neckline of the pattern is located around the resistance zone at approximately $2,534.
Breakout Potential:
The price is currently trading near the resistance zone (neckline). A breakout above this level would confirm the pattern and could lead to a strong bullish move.
If the breakout occurs, the target of the pattern is set around the $2,555 level, representing a substantial upside potential.
Support Levels:
The key support level is near $2,495, which aligns with the head of the pattern. A break below this level would invalidate the pattern and may lead to further downside.
Key Levels to Watch:
Neckline Resistance: Around $2,534.
Target of Pattern: Around $2,555 if the breakout is confirmed.
Potential Trading Strategy:
Consider entering a long position upon a confirmed breakout above the neckline ($2,534), with a target around $2,555.
Place a stop-loss below the right shoulder or the head of the pattern to manage risk effectively.
Overall, the chart suggests a bullish setup with a potential breakout above the neckline that could lead to a significant upward move. The Inverse Head and Shoulders pattern supports a bullish outlook as long as the price remains above key support levels.
__________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
DeGRAM | GOLD pullback from dynamic resistanceGOLD is moving in an ascending channel near the upper trend line.
The price has not yet consolidated above the dynamic resistance and resistance level.
The upper trend line was already becoming a pullback point.
We expect a pullback after a retest of the dynamic resistance.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Gold confirm chart Gold needs acceptance above $2,530 for a fresh uptrend
Gold price has entered a phase of upside consolidation above $2,500, as buyers await fresh catalysts for a fresh leg higher. The focus now shifts to the mid-tier US housing and sentiment data, as the Middle East tensions seem to ease.
Gold now buy 2508
Support 2520
Support 2530
Resistance 2500
Resistance 2490
DeGRAM | GOLD rebound from the retracement levelGOLD is moving in an ascending channel between the trend lines.
The price has reached the lower boundary of the channel and the support level coinciding with the 50% retracement level.
We expect the growth to continue after the breakout of the dynamic resistance.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD (XAUUSD): Bullish Movement to All Time High
Gold closed in a very strong bullish mood this week.
The price retested a recently broken horizontal resistance,
bounced and violated a resistance line of a bullish flag pattern on a 4H time frame.
Probabilities are high that the market will continue growing next week.
Next goal for buyers will be the resistance based on a current All Time High.
❤️Please, support my work with like, thank you!❤️
Gold Analysis==>> More DumpsAs I expected in the previous post , Gold started its correction from the Potential Reversal Zone(PRZ) .
Gold has already managed to break the lower line of the ascending channel .
Also, Sell Signal is created by EMA(100) and SMA(100) .
I expect Gold to continue to correct and, at least, fall to the Targets I have outlined on the chart.
Note: We should wait for the Gold pump if Gold can break the Resistance zone($2,501-$2,493) and Downtrend line.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | GOLD correction in the channelGOLD is moving in an ascending channel between the trend lines.
The price reached the expansion level after an attempt to break the channel and then returned to the channel, under the trend line, under the resistance level.
The chart has already reached the dynamic resistance, which has already become a pullback point once.
We expect the correction to continue after the resistance retest.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Xauusd chart Gold stays under modest bearish pressure and trades near $2,500 in the second half of the day on Thursday. The benchmark 10-year US Treasury bond yield is up more than 1% on the day ahead of US PMI data, making it hard for XAU/USD to hold its ground.
Conversely, should Gold buyers recapture the record high of $2,532, the next relevant topside target is seen at the $2,550 level.
Gold now buy 2501
Support 2520
Target 2530
Resistance 2490
Stop loss 2480
Gold Analysis==>>CorrectionGold has managed to break the Heavy Resistance zone($2,484-$2,431) and the Resistance line and is currently moving in an Ascending channel .
According to Elliott's wave theory , Gold seems to be completing the main wave 5 .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to drop from the Potential Reversal Zone(PRZ) to at least the lower line of the Ascending channel.
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DeGRAM | GOLD growth from supportGOLD is moving in an ascending channel between the trend lines.
The price has tested the dynamic support, the lower channel boundary and the 50% retracement level and is now moving above the support level.
We expect a rise after the end of the support test.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
DeGRAM | GOLD pullback from resistanceGOLD is moving above the ascending channel and trend lines.
The price is under an important psychological resistance level.
The chart has formed a reversal pattern AB=CD.
We expect a pullback to the 50% retracement level after retesting the resistance level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!