XAUUSD 1H TIMEFRAME ANALYSIS | Looking Bearish Food!🌟 Welcome to Our Trading Community! 🌟
Hello, everyone! I hope you’re all doing well and ready to dive into today’s trading opportunities. I’m excited to share my analysis on XAUUSD (gold) and discuss a potential setup that I believe could be quite rewarding for us.
As we assess the current market landscape, it’s clear that gold has recently grabbed all buy-side liquidity. This movement indicates a potential shift in market sentiment and opens the door to bearish momentum. With this in mind, I’m considering a short position on gold, with my entry point at 2582.
Here’s my detailed outlook:
Market Analysis: The price action we’ve seen suggests that buyers have exhausted their strength. With liquidity being tapped out, we’re now likely to see sellers take control, pushing prices lower. Historical patterns and current trends support this bearish outlook, making it an opportune moment to capitalize on potential downward movement.
Target Levels: For this trade, my first target is set at 2567, and I’m aiming for further downside to around 2550. These levels have shown significant support in the past, and I anticipate they will be crucial in this trading session.
Risk Management: To protect our investment, I’m implementing a stop loss at 2594. This provides us with a comfortable 100-pip buffer, allowing for some market fluctuation while safeguarding our capital. It’s essential to have a clear risk management strategy in place, especially in volatile markets like gold.
Trade Execution: I encourage everyone to analyze this setup based on your own strategies and risk tolerance. Always ensure that your trade aligns with your overall trading plan. If you’re considering this trade, I recommend staying vigilant and watching for confirmation signals before entering.
Community Engagement: I want to take a moment to express my heartfelt gratitude for the incredible support and engagement you’ve shown for my ideas. Your feedback not only motivates me but also enriches our community. If you have insights, alternative perspectives, or questions about this setup—or if there’s anything else on your mind—please share in the comments! I’m eager to discuss and learn from all of you.
Looking Ahead: As we navigate today’s trading session, let’s remain focused and adaptable. The markets can change rapidly, and being prepared to adjust our strategies is key to success. Remember, trading is not just about making profits; it’s also about continuous learning and growth as traders.
Thank you all once again for being such a fantastic community! Together, let’s make the most of today’s trading opportunities. Here’s to a successful day ahead—let’s aim for those profits! 🚀💰✨
Happy trading, everyone!
Goldsignals
THE KOG REPORTTHE KOG REPORT:
In last week’s KOG Report we said we would like to see price attempt an undercut low and then start the incline into the higher levels. We gave KOG’s bias of the week as bullish above 2385 with the targets for the week 2510, 2515 and 2530, which we all completed.
We then continued with the path shown in the updates while Excalibur tracked price taking us up into our final take profit target at 2580. Please have a look at the previous reports to see how the algo has tracked the price from the highs to the lows, lows to highs, no matter where it goes we've traded it and moved with the market. Hats off to the team!
A phenomenal week on Gold as well as the other pairs we trade.
So, what can we expect in the week ahead?
We have FOMC this week so shall await more choppy price action as well as the potential per-event range that may form from Tuesday onwards. We’re a little high to long at the moment which is what most traders will be thinking but sentiment is strong now so there is a chance they open and stretch this a little higher. For that reason, we will be waiting to see how last week’s high and the levels of 2580-83 react to the price if attacked in the early session. If rejected we feel an opportunity toto short is available into the lower levels of 2565 and below that 2555.
Many traders will now be looking for the 2600 level so please be careful as breaking above the 2585 level will make it a lot easier to be achieved during the early part of the week. Ideally, we want the pullback into the lower support regions and then want to assess the price action before attempting to go long and take this above 2600.
Due to FOMC this week this report will be provisional as we’ll update the idea specifically for FOMC before the release.
KOG’s bias for the week:
Bullish above 2550 with targets above 2600 and above that 2610
Bearish on break of 2550 with target below 2535
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAUUSD Top-down analysis todayHello 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.
XAUUSD Counter-trend TradingXAUUSD has reached an all-time high of 2570, touching both a resistance zone and the channel border. With no high-impact news scheduled today and it being a Friday, there's a possibility of a pullback, as markets often correct after a strong trending week. Additionally, the price action seems to be slowing down near the resistance zone, indicating potential weakness. Given that markets typically move in cycles, there is a strong possibility of a retest of the 2550 support level before any further upward movement. The target is the support zone around 2544.800
XAUUSD Potential push for 2600This week, XAUUSD surged to an all-time high, driven by expectations of a potential Federal Reserve rate cut. The price jumped over 3%, marking its strongest weekly gain since August. Inflation concerns and global uncertainty have fueled speculation that the Fed may cut rates to stimulate the economy. Now, the market is in a new range between 2550 and 2600.
Next week’s key event is the Fed's decision, with high-impact news expected, especially Wednesday. The market could consolidate, forming a continuation pattern, though Monday may start with a short-term pullback due to a 1-2-3 price movement, typically signaling a correction.
Despite this potential pullback, the overall outlook remains bullish. A rate cut could drive prices toward 2600 or higher, supported by inflation concerns and economic uncertainty
THE KOG REPORT - FOMCTHE KOG REPORT – FOMC
This is our view for FOMC, please do your own research and analysis to make an informed decision on the markets. It is not recommended you try to trade the event if you have less than 6 months trading experience and have a trusted risk strategy in place. The markets are extremely volatile, and these events can cause aggressive swings in price.
We’re expecting some volatility this Session with the pending FOMC statement so for this report we’ll again look at the extreme levels. We’ve done well already this week, no need to risk anything trying to capture tops and bottoms, so keep an eye on the levels but remember, the trade comes after the event.
The move started early in the week with the price hitting our resistance level and then making the move we wanted completing our first target. This has however left the completion of the move on the table, so we’ll stick with Sundays KOG Report idea for now, but expect a move to the upside potentially into that 2602-5 region and above that 2610! It’s 2610 as the extension that needs to reject the price in order for it make that move downside, as breaking above that will take us further into the 2625-30 region before any breather.
So, as the chart shows, if we get 2602-5 and reject, we could see price move downside to clear the liquidity sitting first at 2550-55 and below that 2525-30.
2525-35 if visited, we feel would represent an opportunity to capture the swing low and then attempt to target that 2550-55 region as the first target.
We’re going to play it safe this time and say if it works it works, if it doesn’t, it doesn’t. If you followed us this week, again we’ve done what we needed to for the week, everything else here is a bonus and should be treated with minimal risk on the markets, until they have settled.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
XAU/USD : Will Gold Fall More ? (READ THE CAPTION)As observed, gold fluctuated within the supply zone of $2579 to $2589 yesterday and finally managed to close and stabilize below $2579. Afterward, gold experienced an 80-pip decline, correcting down to $2572, and is currently trading around $2574. If the price stabilizes below $2577, we can expect further declines in gold, with potential targets at $2571, $2565, and $2555, respectively. (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAUUSD Analysis D1 - Bullish Pair Name = Gold
Timeframe = D1
Analysis = technical + fundamentals
Trend = Bullish
Pattern = Bullish Flag
Details :-
Gold Moved as we explained in Previous D1 update. Currently Volume is decreasing because of fear. this just bounce back for the market. Still Price Holding EMA5 that indicate still bullish trend. Expecting Price around 2600 in this Move.
Gold Hits New High at $2589 - Bearish OrderBlock in Play? (READ)By analyzing the gold chart on the 4-hour timeframe, we can see that today the price managed to reach a new All Time High, climbing up to $2589.750. Afterward, it faced a correction and is currently trading around the $2580 level. If the 4-hour gold candle closes below $2579, we can consider the $2579 to $2589 range as a Bearish Order Bock. Based on this, we can analyze and predict the next price movements. Continue to wait for price stabilization and avoid taking high-risk trades. (This analysis will be updated)
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
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.
XAUUSD Approaching the cyclical top. Be ready to sell.A little more than 2 months ago (July 08, see chart below) we signaled a strong buy on Gold (XAUUSD) as the start of the new Bullish Leg of the 2-year Channel Up was confirmed, and we set a long-term Target at 2600:
Now that the Target is about to get hit, we prepare for a new long-term peak at the top (Higher Highs trend-line) of the Channel Up. The previous rallies/ Bullish Legs of the pattern rose by a minimum of +15.74% and maximum of +24.12%. The latter rally however started very close to the bottom of the Channel Up, so we believe that the new top will be priced within a +15.74% and + 18.60% (second lowest) range.
This gives us a Bearish Range of 2635 - 2700, where the action is a Sell, certainly not the level to place any long-term buys. We will start considering this after the price approaches the 1D MA100 (red trend-line) again, which is a signal that only failed once in four times.
This time the top formation may be prolonged until November's U.S. elections but the bottom line is that near the top of the Channel Up, the action is to sell/ take profit.
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Historical high for pullback target 2500Historical high for pullback target 2500
Fundamental Analysis of XAU/USD
US Federal Reserve Monetary Policy:
Interest Rates: Higher US rates make the dollar stronger and reduce the attractiveness of gold, as the precious metal does not pay interest. Lower rates, on the contrary, weaken the dollar and increase demand for gold.
Inflation: Gold is often used as a hedge against inflation. Rising US inflation could push gold prices higher.
Economic and Geopolitical Risks:
Gold has traditionally been a safe haven asset, which is in demand during times of economic uncertainty or geopolitical crises. Examples include global financial crises, military conflicts, and tensions between countries.
US Dollar Rate:
Since gold is quoted in dollars, the movement of the USD rate directly affects the price of gold. A weak dollar makes gold cheaper for foreign investors, which increases its demand.
Gold Demand:
Physical Demand: Industrial demand, jewelry demand, and investment demand (through gold ETFs) are also important for gold price dynamics.
Central Bank Stocks: When central banks buy or sell gold, it can have a significant impact on its price.
XAU/USD Technical Analysis
Technical analysis uses price charts and indicators. Some popular methods of analysis include:
Trend Lines:
Analyze the long-term trend (upward, downward, or sideways). If the trend is up, gold may continue to rise unless there are signs of a reversal.
Support and Resistance Levels:
Identify key levels where the price has bounced or held off previously. These levels can be used to decide when to enter or exit a position.
Indicators:
Moving Averages: Used to analyze the general direction of a trend. A crossover of a short moving average with a long moving average from top to bottom may indicate the beginning of a downtrend, and vice versa.
RSI (Relative Strength Index) indicator: Shows whether an asset is overbought or oversold. Values above 70 indicate overbought, below 30 indicate oversold.
MACD (Moving Average Convergence Divergence): Helps to assess changes in the strength and direction of a trend.
Candlestick patterns:
Some candlestick combinations, such as Hammer, Engulfing, or Doji, can signal a price reversal or continuation of the current trend.
Gold Thoughts 16-Sept-2024Happy New Week all, Kindly see my Gold thoughts for today. These videos are aimed at making you compare charts with mine if you are a price acton trader and use my thoughts to improve your skill. They are not meant as signals even if they seem like they are. I want you to learn and be great
Xauusd long Target Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher.
Gold (XAU/USD) breaks out of its multi-week sideways range and surpasses the previous record highs of $2,531.
The precious metal has met its previous target at $2,550, generated after the original breakout from the July-August range on August 14, and now sets its sights on the next target at around $2,590.
Gold now sell support 2550
Resistance 2621
Confirm signal
Don't miss my chart
Follow my chart
The historic high in the value of gold. Where to next? The historic high in the value of gold. Where to next?
At the moment, the situation on the XAUUSD (gold vs. US dollar) market is showing interesting and volatile movements. In recent weeks, we have seen price fluctuations due to a number of factors such as changes in the monetary policy of the US Federal Reserve, global economic instability and increased interest in safe assets amid geopolitical risks.
Gold prices often react to news about inflation and interest rates. When expectations of rising interest rates increase, this can put pressure on gold prices as precious metals do not generate interest income. However, when uncertainty in the economy or risks increase, investors seek safe haven assets such as gold, which usually drives prices higher.
GOLD (XAUUSD): The Next Strong Resistance Ahead
A sudden violation of the all time high
triggered a strong bullish rally on Gold last week.
Here is the next potentially strong resistance that I see:
it is based on a major rising trend line and 2600 psychological level.
With a high probability, we will see a retracement from that area.
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THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the price to start by attempting the higher resistance 2510-15 and based on the flip we would see an opportunity to short back down into the 2480-85 region. It was here that we suggested traders look for the set up to go long and target the higher levels again, which worked very well for us, both down and up. We then released the NFP KOG Report and gave the levels we would be looking to either long or short into, and on the flip look for the reaction in price. We managed to get a move into that higher level, completing our Excalibur targets and then getting the RIP from that level all the way back down into where we closed on Friday. Some traders even managed to get the long from the order region market bullish above, which should have been protected and partials taken.
Another great week in Camelot not only on Gold but US30 giving us a pin point level to level move for a phenomenal short, as well as all the other pairs we trade performing well.
So, what can we expect in the week ahead?
For this week we’re going to keep it simple to start the week! We’re still in the range and price is still accumulating so we can’t get to concerned here with the longer-term direction, we’ll simply have to play the chart with what It’s presenting us.
The ideal scenario here is we see price attempt an undercut low and then start the incline into the higher levels 2505 and above that 2510-15 again. Therefore, key level support is sitting at the 2480-85 region, and our bullish above bias will still stand for this week based on that attempt to break above that 2515 price mark. If we fail here, the swing will continue to play, and we should see price attempt to break below the 2485 region and attempt to attack the order region 2450-55 which is where we feel the ideal position trade will come from.
As above, 2510-15 is a key level resistance here as breaking this level will lead to further gains on gold with that 2530-35 region again as the target level for the week.
KOG’s Bias for the week:
Bullish above 2485 with targets above 2510, 2515 and above that 2530
Bearish on the break of 2485 with targets below 2477 and below that 2465
As always, we will update traders through the week with our plans, KOG’s bias of the day and the Red Box strategy whenever we can.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
GOLD TO 2600$ HELLO TRADERS As,
GOLD just tested a strong resistance zone 1570$ on fib its a new ATH i can see a FVG near broken resistance 2533 which it have to fill and grab liquidity to make a new all-time high 2600$ which we had mention in our previous analysis friends its just a trad idea shares Ur thoughts it help many other traders
Stay tuned for more updates
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.
XAUUSD: Makes a critical Bull Cross and aims at 2,650.Gold has turned completely bullish on its 1D technical outlook (RSI = 64.281, MACD = 19.680, ADX = 29.142) as it made a new All Time High today, extending the new bullish wave of the Channel Up. With the support of the 1D MA50, which is unbroken since July 3rd, we expect the extension of this wave as the 1D MACD is on its way to a Bull Cross. Since early June MACD Bull Crosses have come one after the other, the first priced Gold's bottom and the second confirmed it. Consequently, this is the most efficient level to buy and aim for a new +7.50% rise (TP = 2,650).
See how our prior idea has worked out:
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XAUUSD possible breakout soonXAUUSD is currently trending upward, making higher highs as it approaches the top of its established range. This resistance zone is crucial; a breakout above it could pave the way for higher levels, potentially up to 2550. With the CPI news release expected today, there's a possibility that the price may bounce off this range top and continue sideways in the short term. However, the price action at this key level could also signal an impending breakout to the upside, especially if the news is favourable. A breakout would suggest a shift in bullish momentum, while a rejection would likely confirm continued range-bound trading. The target is resistance at 2540
XAUUSD | GOLDSPOT | New perspective | follow-up detailLast week, Gold (XAU/USD) remained range-bound, trading within the $2,510 and $2,530. This followed a rebound fueled by weak Nonfarm Payrolls data, which showed a significant slowdown in US hiring.
Traders reacted quickly, with Fed interest rate cut probabilities fluctuating. At one point, a 50 bps cut was priced in with 70% odds, but by the end of the week, a 25 bps cut became the most likely scenario.
Adding to the dovish sentiment, several Fed policymakers, including John Williams, Christopher Waller, and Austan Goolsbee, have signalled their openness to easing monetary policy.
With the Fed leaning towards rate cuts, what does this mean for Gold's price in the coming week?
Join me in this video as I analyze the latest developments and discuss the potential path for Gold.
XAUUSD Technical Overview:
This week, we're focusing on the $2,485 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone, Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#GoldPrice #XAUUSD #Forex #MarketAnalysis #FedRateCut #GoldOutlook #TechnicalAnalysis #NonfarmPayrolls #CMEFedWatchTool📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.