Lack of liquidity at the end of the year, gold sideways⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold prices hold steady near $2,611 as markets adjust to a more cautious stance on US interest rates. The US Dollar remains strong, bolstered by expectations that the Federal Reserve will slow its pace of rate cuts in the coming year. Fed officials now project a federal funds rate of 3.9% by the end of 2025, reflecting a slower disinflation process and lingering uncertainties about President-elect Donald Trump's policies on trade, taxes, and immigration.
⭐️Personal comments NOVA:
Gold continues to move sideways in the range of 2600 - 2650 by the end of 2024
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2650 - $2652 SL $2657
TP1: $2640
TP2: $2630
TP3: $2620
🔥BUY GOLD zone: $2607 - $2609 SL $2602
TP1: $2615
TP2: $2622
TP3: $2630
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Xauusdgold
XAUUSD Analysis Trade Idea By OfficialKieranTrewickWhilst actually validating my earlier trade idea this 4hr depiction does show a clear sign that the bull trend remains intact despite the current exhaustion. Going forward i will like to see if this momentum is enough to break the market structure and fallinto the lower lateral of the trend which would be signs of a greater correction perhaps even trend shift due to the volume of current support confirmations in this general zone area.
currently sitting on dynamic support, horizontal support, EMA Support, BB Support and full quarter completion marking this as a key area of interest for upcoming cycle phases of movement, with the correct inverse in volume and pivot confirmations we could see price ascend back into the upper 2600s however if the momentum is strong enough to break the current levels into 2500s-2613 then i see a likely continuation of the bears.
What do you think of this idea ? Where could gold go to next?
XAUUSD Analysis CompleteA lot of people and traders were expecting this precious metal to fall...just looking at whats in front of you doesnt allow you to see the cogwork that moves gold, following a respective pivot off the 25% quarter level whilst also showing the inability to push below2300 for multiple days which caused a consolidation in 1+2HR but a bearish flag on 4HR which is a sign of market reversal.
When price momentum broke through the 50% quarter level and key resistance barrier I knew it was time to enter my long up to 75% and the next respective pivot order block where its surged too and now sits on 2375 where we can expect the next fractal pivot to appear between 2390
XAUUSD 1HR Analysis + Trade Idea It doesnt look like the bulls are giving up just yet, with the inability to push lower or higher gold has been range bound for the last few days whilst respecting the 25% QT support zone and the dynamic ascending support which creates a 4HR bearish flag showing signs of a trend reversal to the upside.
Primarily we need to be patient and wait for the correct confirmations to show us bullish signs before looking at possible long entries to avoid being caught out on any possible market structure break.
Ideally if breaks the key resistance of 2330 and corrects with a lower high whilst seeing the 25% quarter support rise to match the lower high and a divergence crossover in certain EMA timeframes we could enter a long off the rejection of the risen quarter level.
XAU/USD 22-26 April 2024 Weekly AnalysisWeekly Analysis:
Analysis/Bias remains the same as last week's weekly analysis dated 14 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price printed a bullish swing BOS followed by a bullish iBOS and continues to break all time highs.
Most likely scenario would be for price to pull back following swing and internal BOS (Break Of Structure)
First structural indication, but not confirmation that pullback has initiated would be for price to print a bearish CHoCH which is denoted by a vertical blue dashed line as internal low as CHoCH are priced at the same level.
Price is now trading within a fractal high and internal low.
Expectation is for price to pullback following swing and internal pullback. Internal low and CHoCH are positioned at the same level.
Weekly Chart:
Daily analysis:
Price has continued to print all time highs.
CHoCH has once again been repositioned closer to most recent price action. This is advantageous due to the fact that price will now not need to retrace much deeper to initiate pullback.
Remainder of analysis/bias remains unchanged since last daily analysis dated 14 April 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a swing BOS. Swing low confirmed and adjusted with swing high yet to be established.
Most likely scenario will be for price to pull back following swing BOS. First indication, but not confirmation, would be a bearish CHOCH denoted with a vertical dotted line.
As mentioned on 31 March 2024, price could potentially continue to trade bullish to seek further liquidity before pullback, however, it is looking increasingly likely a pullback will be imminent.
Daily Chart:
H4 Analysis:
Bias/Analysis remains unchanged since yesterday's analysis dated 19 April 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price reacted at H4 supply and subsequently reacted at H4 demand.
Price is currently between H4 supply and demand where we are seeing a battle between the bulls and bears with price printing an internal bearish CHoCH.
The prevailing trend, which is bullish, would be a factor, therefore, current intraday expectation is for price to react at H4 demand level to target weak internal high, however, because price has printed a bearish CHoCH an alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
XAU/USD 09 April 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold continues it's relentless bullish run following the Fed's dovish outlook.
Price has printed further highs Sunday's analysis dated 7 April 2024 where we continue to trade within a fractal high and internal low.
Price on all HTF's requires a pullback. Bearish CHoCH which is denoted with blue dotted line would indicate pullback initiation but not confirm.
Due to the bullish nature of the market and prices at all time highs, the most prudent remains the same, which is to adopt patience and allow price to print structure as opposed to picking tops.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a further bullish iBOS since weekly analysis dated 07 April 2024 where price continues to print all time highs.
Price is now trading within a confirmed internal range following bearish CHoCH.
First structural sign, but not confirmation that pullback is about to initiate is a bearish CHoCH, which price has printed.
Intraday expectation would be for price to pull back following bullish iBOS, react at either M15 POI or 50% EQ of the internal structure before price targets weak internal high.
Another likely scenario, and due to the fact that all HTF's need to pull back, is price prints a bearish iBOS on M15 which would mean first structural indication (CHoCH) on H4 that pullback is about to initiate.
M15 Chart:
XAUUSD 2194 BREAKOUT ZONEAre we finally seeing a breakout on GOLD?
Watching PA since position was held overnight
There was no unwanted volume in the market.
Today will be a volatile day in the market as we have:
LDN & NY session:
1: United Kingdom GDP data
2: United states Jobless claims & PCE price date
Could this data send PA to 2220 area again?
Or would price be dovish ?
Lets me know what you think in the comment.
XAU-USD CONSOLIDATION ZONE New week:
XAU-USD last week after smashing target price did not make it out of the consolidation zone.
Price fell below 2175 support area, leaving us with complex price action on 1H TF
If PA breaks below 4H support zone, does this mean GOLD price will plunge lower?
LDN session awaits to find out before NY session opens.
Market is open for the week..
Time to get stuck in profit..
XAUUSD 4HR Analysis + Trade IdeaMy name is Kieran Trewick and I am a full-time trader with 6 years of experience in the industry. With my coaching service, you will have the opportunity to work directly with me to learn the ins and outs of Forex trading and gain the knowledge and skills you need to become a successful trader. One of the unique aspects of my coaching service is that it goes on indefinitely. This means that even after you become confident in your own trading abilities, you will still be able to communicate with me and receive ongoing support and guidance.
During our coaching sessions, I will teach you everything you need to know about trading Forex, from the basics and fundamentals to more advanced strategies and techniques including that of my own.
This includes how to use trading platforms, which brokers to choose, how to place trades, and how to understand different order types and tools. I will also cover topics such as trend lines, support and resistance, price action, trading psychology, and in-depth analysis of indicators and some of my winning strategies.
As everyone learns at a different pace and has a unique approach to trading, I have structured my coaching service to be indefinite. This means that I will continue to work with you until you become a successful, consistent trader who is confident in conducting your own analysis.
If you are interested in signing up for my 1-1 coaching service, please contact me directly or visit my website for more information. I look forward to working with you and helping you achieve your goals as a Forex trader!
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XAUUSD 4HR Analysis Update by OfficialKieranTrewickXAUUSD 4HR Analysis Update by OfficialKieranTrewick
A short term bullish rally meeting the key identified pivot zone for 50% QA and 200 EMA that was short lived without following action to the upside instead met with a decisive US CPI + Interest Rate release yesterday which saw the precious metal gold plummit through various support defence lines and imbalances most inds to then create a lower low of the descending channel which validates the inner trend but does not invalidate the overall bullish market structure.
Thus going forwards I will now be looking for key confirmations showing signs of price reversals not just back to the 25% imbalanced QA but to perhaps back into the depths of the channel and push to complete another QA 75% which would still validate any potential inner channel with a lower high and rejection off the top side and once again 200 EMA until we get a golden crossover with the 50, balanced out inds, fractal HTs, bullish convergence and various other signs for price increase.
XAUUSD 4HR Analysis After falling to the bottom of the range zone in the descending channel of january/february we saw the precious metail once again reject off the multiple confirmation support level whilst providing further confirmations such as fractal pivots, oversold conditions, full quarter cycle completion, ema crossover squeeze, price action candles and other such confirmations that show possible reversal signs in the market, Going forwards I am now looking for price to either reject off the EMA squeeze and dynamic level to continue the descending channel this time likely to the low of 2002. For buy opportunities its a matter of seeing if the Inflation rate today can create a surgence in price and then when it falls back down we get a fractal pivot and reversal with bullish confirmations from the 50% quarters level and top side of the ema squeeze back up to 2060
THE KOG REPORTKOG REPORT:
In last week’s KOG Report we said we would stick with the same bias, bearish below and would be looking for price to attempt the order region 2035-8. This is the level we wanted to see a reaction in price, which as you can see didn’t come. Instead, we got the flip and managed to trade down completing numerous Gold targets. Once price reached that lower support level, we switched again, looking for the long trades back up towards the 2016, 2022 and above that 2030 level, which was again achieved and where we suggested traders take the exit, or at least protect and take a majority of the trade.
A great week on the markets again, not only on gold but the numerous other pairs we trade.
So, what can we expect in the week ahead?
For this week we’re going to play caution, please read the report carefully as the plan is detailed! We would like to see how the market opens and let the Asia session play out at least. What we’re expecting here in the early sessions is potential ranging playing between the 2030-35 resistance level and the 2018-22 support level. Both these levels are important and will need to break to determine the next move!
So, if we open and find resistance at the 2035 and above that 2043-5 region, based upon a confirmed set up, we feel an opportunity to short the market level to level is available into the 2020-22 region to play it safe. Now, if we support here and get a nice set up, we feel this level represents an opportunity to attempt the long swing trade back up towards the 2050 level and above that potentially 2070 in extension of the move before again, if not broken above we’ll look to swing short for the lower levels.
On the flip, if we break below 2020-18, we will be looking to trade this level to level downside in attempt to break the 2000 level and will be looking to take a larger position long from lower down.
As we usually do, we will update the plan and share KOG’s bias of the day for traders to keep up to date.
KOG’s bias for the week:
Bullish above 2020 with targets above 2050 and above that 2070
Bearish on break of 2020 with targets below 2005 and below that 1990
Key levels to watch:
Support – 2022 / 2020 / 2018
Resistance – 2035 / 2043 / 2046 / 2050
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 1HXAUUSD 1H. It's only my view. Please check your analysis before taking a trade. Lower time frame confirmation would be your best entry.
Orderflow is Bullish
Previous 4 Hour low has been taken
According to IPDA 20 days range.
So bullish move would be an expansion. There are some unfinished business up there that needs to be cleared before the price moves down side.
SL 100 pips, if the price breach more than that, please ignore this trade.
XAUUSD analyzed from 4 Hours to 5m.
GOLD can make you rich and make you wreck as well. Please trade wisely.
XAUUSD 27/09/2022Price after a retest on the supply zone & also 0.786 fib level, showing signs of price rejection while also facing recent support at 1631.91. Now if price without making a breakout of the supply zone, it makes a break & close below the recent support, then price might continue to push down to retest the previous low at 1621.36 or create new lower low in respect to the newly formed downtrendline.
GoldViewFX - WEEKLY CHART LONG TERM RANGE & TARGETSHey Everyone,
We haven't shared the weekly chart for a while so thought id quickly update and share for you all.
I have drawn both the Goldturn support and resistance trendline range and a Goldturn Channel. Showing a breakout from the downtrend into the new trednline support, which is also inline with the Goldturn Ascending channel.
We have Targets above at 1871, 1913
Retracement Range
1826
SWING RANGE
1796
We will keep this chart updated with any significant changes to the structure. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR