Gold Surges to $2531: New ATH with Key Demand Zones in Focus By reviewing the latest #gold chart on the 2-hour timeframe, we can see that after yesterday's analysis and reaching the key level of $2486, the price was met with strong demand and has since established a new all-time high, reaching $2531! With this recent rise, a Fair Value Gap (FVG) has formed in the $2520 to $2506 range, which I expect to be filled in the short term. The uptrend remains intact, and there are no strong signs of a reversal or decline. The key demand zones to watch are $2506 to $2469 and $2477 to $2486.
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
((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Goldsignals
XAU/USD: Gold Will Fall ? Let's See (READ THE CAPTION)By reviewing the latest #Gold chart on the 6-hour timeframe, we can see that the price has dropped over 230 pips since last night, and as expected, we're starting to see the first signs of a price reversal on the chart! A large Fair Value Gap (FVG) between $2465 and $2486 was created on Friday with the price surge, and I expect this gap to be filled soon. Keep a close eye on how the price reacts to the levels of $2486, $2480, $2473, $2468, and $2463.3.
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
((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
Maximise Your Trading Success 3 Essential Tips for Setting AlertSetting alerts in trading is crucial for effective risk management and maximising opportunities. Here are three key reasons why you should set alerts:
1. Timely Response to Market Movements:
Proactive Trading: Alerts enable traders to respond promptly to significant market movements, ensuring they don't miss critical entry or exit points. This is particularly important in the highly volatile markets, where prices can change rapidly.
Automation: Automated alerts reduce the need for constant monitoring, allowing traders to focus on analysis and strategy while being notified of important market events.
2. Risk Management:
Stop-Loss and Take-Profit Alerts: Alerts can help enforce disciplined trading by reminding traders to execute their stop-loss or take-profit orders, thus limiting potential losses and securing profits.
Risk Mitigation: By setting alerts for specific price levels or economic events, traders can better manage risk and avoid significant losses due to unforeseen market changes.
3. Enhanced Trading Efficiency:
Focus on Strategy: Alerts allow traders to concentrate on their trading strategy without being glued to their screens all day. This can lead to more thoughtful decision-making and reduced emotional trading.
Opportunities Identification: Alerts can be set for various technical indicators or chart patterns, helping traders to identify and act on potential trading opportunities more efficiently.
Setting alerts in forex trading enhances your ability to respond to market changes quickly, manage risk effectively, and improve overall trading efficiency.
XAUUSD made HISTORY above $2500 for 1st time ever! What's next?Gold (XAUUSD) broke last Friday above the $2500 threshold for the first time in its history. Amidst growing economic slowdown and geopolitical concerns, the yellow metal seems again to be winning the 'safe haven race' against its peers. But can it continue this aggressive rise?
To answer this we revisit today the April 15 (see chart below) analysis that helped us project the medium-term correction following the early 2024 rally:
The essence of this analysis was the high degree of symmetry in Gold's price action since the December 2015 Low. What helped us anticipate the April - June 2024 correction was the similarities of the Bull Phase that started after the October 2023 Low with the August 2018 - July 2020 Bull Phase.
The 2019 mid-Bull Phase correction took place after a +34.80% rise within the 0.5 and 0.382 Fibonacci levels. The December 2023 - Jan 2024 correction took place after a +32.70% rise and if we place it within the 0.5 - 0.382 Fibonacci level, we can assume that Gold is now on the final stage of this Bull Phase.
It technically tops at 2900 but we will be satisfied with a 2800 Target as proportionally it will be closer to the post 0.382 Fib rise of the previous Bull Phase (41.80% against 43.80%). Note that in all cases, the 1W MA50 (blue trend-line) held as Support and as long as it does, the trend will be bullish long-term.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
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.
Gold Surges to New Highs: Will the Rally Continue or Reverse? By reviewing the latest #Gold chart on the 4-hour timeframe, we can see that on Friday, after reaching the target zone ($2471 to $2477), the price experienced only a brief negative reaction, which was quickly recovered, and finally managed to establish a new high, rising to $2509! Currently, there are no signs of a price reversal in this timeframe. To better predict and analyze gold's next move, we need to wait for a reversal pattern to emerge. Don’t rush into trading; wait for the price to stabilize! This analysis will be updated tomorrow before the New York session begins.
This fast rise to $2509 relates to a prediction I made back on the 4th of December 2023, when gold was trading around $2067. At that time, I forecasted that gold might reach $2500 within the next five years. Yet, here we are, less than a year later, and gold has already hit that milestone!
The speed at which this has happened has surprised even me. Over the months, we have seen several global events rapidly changing and increasing gold demand through:
• Geopolitical Conflicts: Everlasting wars and increasing tensions shifted investors' interest to safe-haven assets like gold.
• Political Instability: Shifting powers and unpredictable political landscapes make gold an attractive option.
• Changes in Geographies: Global geopolitical realignments and territorial disputes have contributed to market vagaries.
• High Global Inflation: The world has experienced great levels of inflation, making more and more people use gold to hedge their wealth.
• Rising Consumer Prices: With prices soaring, gold has proven to be a favorite store of value.
All these and more have combined to accelerate the rate of growth in gold well beyond our initial expectations. This is a very clear reminder of how uncertain the markets are and why we can only get ahead with constant updating of knowledge to new, adapting social and economic conditions; otherwise, we fall far behind.
Let's continue to be well informed, adapt quickly, and catch the opportunities that are likely to come across us on our way. The future is so unpredictable, but with the correct mindset and strategy, for sure, we will certainly find our way through!
For further context, check out my original analysis from December (2023) ! just click the chart below to dive in!
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
((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 !
GOLD (XAUUSD): The Next Resistance?!
As Gold updated the ATH on Friday,
here is the next potential resistance on focus.
It is based on a major rising trend line on a daily,
based on 4 important previous highs.
I think that we will see a pullback from that.
I will post the update after its test.
❤️Please, support my work with like, thank you!❤️
XAU/USD : Potential Sell Positions ! (READ THE CAPTION)By reviewing the 2-hour gold chart, we observe that after yesterday’s drop from $2480 to $2438, the price stabilized a bit in the $2438 to $2444 range. With increased demand, it has managed to rise to $2466 so far! The purpose of this rise was to fill the liquidity gap that was created yesterday. Keep an eye on the price’s reaction to the two levels of $2466.6 and $2470.7 for potential Sell Poistion !
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.
+$380 Dollars on Gold TodayYes gold is bullish, yes I sold gold, yes I took 2 losses, Yes I am still in profit at the end of the day.
The more I grow as a trader the more I realize that it is much more about what decisions you make as opposed to just what trades you take.
Yes the trades you take are important but ultimately you have to make a decision to take that trade in the first place right?
Have a great rest of your day guys
GOLD (XAUUSD): Detailed Technical Analysis
Gold is currently stuck on a key daily resistance based on the ATH.
Analyzing a price action, I see a clear bullish accumulation:
the price has set three equal highs already, keeping setting the higher lows.
At some moment, we may see a breakout attempt of the underlined
red resistance area.
A daily candle close above that will be an important bullish signal.
It will drive the prices higher, the next goal for the buyers will be a major rising trend line.
From a current perspective, it is 2500 level.
Alternatively, the market may initiate one more correctional movement.
I will post the update if I see any bearish confirmation.
❤️Please, support my work with like, thank you!❤️
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.
Gold Analysis==>FallingGold is moving in the Heavy Resistance zone($2,484-$2,431) and Resistance line .
According to the theory of Elliott waves , Gold seems to have succeeded in completing a Zigzag Correction(ABC/5-3-5) near the resistance line .
Also, we can see Regular Divergence(RD-) between Consecutive Peaks .
I expect Gold to GO down to at least the 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.
XAU/USD : Be Ready for another Fall ! (READ THE CAPTION)By examining the #gold chart in the 2-hour timeframe, we observe that last week the price closed at $2431. I expect that with the market opening, after an initial rise to the range of $2442 to $2455, the price will likely decline again. The potential targets for this decline are $2417, $2405, and $2400, respectively. This analysis will be updated tomorrow.
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.
Gold Price Analysis August 13Fundamental Analysis
Gold prices are struggling to capitalize on the previous day’s strong gain of more than 1% and attracted some intraday sellers near a retested monthly peak in the Asian session on Tuesday. The decline could be attributed to some repositioning ahead of key US inflation figures and a positive risk-on bias, which tends to dampen demand for the safe-haven precious metal.
However, rising geopolitical tensions in the Middle East and concerns about a broader regional conflict could dampen market optimism. This, coupled with dovish expectations from the Federal Reserve (Fed), which put US Dollar (USD) bulls on the defensive, should provide some support to the lackluster Gold prices. Traders are now looking forward to the US Producer Price Index (PPI) for meaningful momentum.
Technical Analysis
From a technical perspective, the overnight breakout above the $2,448-2,450 horizontal resistance is seen as a fresh impetus for bullish traders. Furthermore, the oscillators on the daily chart have gained positive traction, further suggesting that the path of least resistance for Gold is to the upside. Hence, a further move back to challenge the record high, around the $2,483-2,484 region, looks like a clear possibility. Next up is the psychological $2,500 level, which if decisively cleared would set the stage for an extension of the upward trajectory.
On the downside, the $2,450-2,448 resistance now looks to protect the immediate downside, below which, Gold could slide back to the overnight lows around the $2,424-2,423 region. The next relevant support level is anchored near the $2,412-2,410 zone ahead of the $2,400 round-figure mark.
Pay attention to the support-resistance zone for the best trading strategy.
Resistance: 2469 - 2475 - 2486 - 2492- 2500 - 2508
Support: 2459 - 2446 - 2434 - 2425
Sell 2485 - 2487, Stoploss 2491
Sell 2500 - 2502, Stoploss 2506
Buy 2435 - 2433, Stoploss 2429
Buy 2426 - 2424, Stoploss 2420
XAUUSD Next stop 2545.Two weeks ago (July 29, see chart below), we gave a strong buy signal on Gold (XAUUSD) right at the bottom of June's Channel Up:
The price hasn't yet hit the 2545 Target as it posted yet another Higher Low but is on good course to hit it, as the Higher Lows structure resembles that of June's. One more pull-back and we believe that Gold will then make its next technical Higher High at +8.30% (similar to the previous Bullish Leg).
Note that throughout this whole time, the 1D MA50 (blue trend-line) has been supporting and currently is just below the bottom (Higher Lows trend-line) of the Channel Up.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
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.
Gold Daily Analysis 1H TimeframeHello guys as my previous was 100% accurate in the buy if we see today trade so we have a sell zone liquidity at 2478 and from here we can enter our first trade with small lot then we will wait for a CHOC (change of character) at the point 2468 and we can enter our 2nd trade if it continious so we can aim our sell target to 2453 in any chance after a CHOC market ho uo 40 pips for a retest then for us it will be a golden chance ⭐️ to catch that trade with our third entry with a little big lot size using proper money management and RR ratio our sell take profit target is 2453 I hope this analysis will work out and help you guys love you all peace!
XAUUSD All time high tomorrow?!?!Good evening gold gang hope you're well! ... gold has been rallying today with only small signs of slowing and closing at near all time high .. can war news push us over the top?
We are currently in a 4h engulfing zone so id like to see a pull back in asia in order to buy up tomorrow to all time high.
If we gap and fly in asian session, then we must wait to see where we land before risking sells
Its gonna be a fun one guys im looking forward to it .. catch you in london
tommy