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Xauusdlong

XAUUSD Longs from 2,490.000 back upMy analysis for gold this week focuses on buying from the 17-hour demand zone, where I expect price to create a new impulsive move to the upside that could potentially take out the previous all-time high (ATH) again. Currently, we see price sweeping a lot of liquidity and family supply zones from last week, which may slow down price and lead it into my 30-minute supply zone. I will approach this zone cautiously, as it involves counter-trend selling from that point of interest (POI). However, it's an extreme zone at a premium price that remains unmitigated, so I'll watch the price action closely on Monday's open to see if price starts retracing or enters the supply zone. Confluences for GOLD Buys are as follows: - Liquidity above that needs to be taken. - The market is very bullish on both lower and higher time frames, making this a pro-trend trade idea. - Fundamental and sentiment-driven news also suggests that price will remain bullish. - Price failed to hold two new supply zones last week. - A 17-hour demand zone has been created, which looks promising for possible buys. P.S. If the ATH is taken out and my 30-minute supply zone fails, I will wait for a new demand zone to form closer to the price before looking for a new supply. Ideally, we get that retracement before continuing the bullish move. Have a great trading week, guys!
OANDA:XAUUSDLong
by Hassan_fx
2
XAUUSD Strong Bullish Bias**Monthly Chart** Last month's XAUUSD (Gold) candle closed as a large bullish candle after creating a new record high shy of the 2,500 level (round number). This indicates that traders will try to push the price higher to break the record high. This is in line with geopolitical reasons happening in the Middle East at the current moment. This month's candle, which is still active, tested 50% of last month's candle and tried to push higher again after a large sell-off on Monday—5th August 2024. August monthly candle is still bullish and recorded an all-time high at 2,531.76 **Weekly Chart** Last week, the candle closed as an indecision doji candle, after recording a new high on 20th August. However, the long-term bias is still bullish, and there is a high probability that XAUUSD will reach a new high in the coming weeks. The price tested 50% of FVG candle of the previous week at around 2,470 then pushed higher after the Fed Chair Power's speech during the Jackson Hole Symposium on Friday. **Daily Chart** Last Friday's candle closed as a bullish manipulation candle (or Order Block candle), after testing the IPA (FVG) the previous day and moved higher. All time frames are aligned, and a higher move for XAUUSD is suggested. I will only look to buy at retracement with good risk parameters for a target above the 2540 level. Look for entry points from lower time frames such as 4H and 1H.
OANDA:XAUUSDLong
by PropSignals
XAUUSD: Gold prices will continue to reboundGold price can be bought when it retreats to 2496-2491. Investors with large funds can enter the market in advance. tp2510. sl2480 Risk events continue to ferment. Gold prices hit a new low of 2470 and then continued to rebound sharply. It has now risen by 30 US dollars. Many people are often blind in their operations. But members who continue to pay attention will know the accuracy of my signals. This week is another week of big profits. The trend of buying high and selling low is always correct. Don't scalp trading. That's very risky. Especially for novice friends. At the same time, trading mentality is often a major reason for everyone's trading failure. So if your trading mentality is not good, then your trading will fail. But here, whether you are a novice or a person with rich trading experience, or a person with a bad mentality, you can get my precise guidance to make better transactions. Because trading is to make greater profits, rather than to expand losses in anxiety. Follow me. Make trading easier.
TVC:GOLDLong
by Eddy_Wealth
XAUUSD 4HR Analysis UpdateGolds Bull Run Following my recent analysis post where I identified a key pivot zone leading into the next price impulse surge we are now running profit with momentum in our favour and the first phase of the analysis completed, going forwards I am looking for price to push a little further into the 2520's where I will await a suitable correction followed by various conformations affirming the continuation of golds ascent and another long opportunity. As suggested todays powell speech and other red flag events helped surge the price off the floating ema support, dynamic support and resistance and key order block pivot S+R level, with further jackson symposium events on saturday and durable goods orders on monday we could see price continue the bullish favour heading into the opening of next week. What is your thoughts on the future of price movement for this precious metal ? Let me know in the comments below.
BLACKBULL:XAUUSDLong
by OfficialKieranTrewick
XAUUSD 4HR Analysis + Trade Idea🚀💰 Gold's on a Roll ! 💰🚀 Last week, # XAUUSD hit an all-time high of $2529, only to take a dramatic dip back to the 2470-80 zone, finding strong support from the 50 EMA, dynamic trendline, and a key S+R order block. 📉🔄 But don't be fooled by this correction—gold is gearing up for its next big move! With factors pointing towards continued growth, we could see it break out of the $2500s in no time and aim for a whopping $3000 or even $5000! 📈✨ As we wait for tomorrow's statement from Jerome Powell, the market is buzzing with anticipation. Will gold continue its ascent? 🤔🔥 Keep your eyes on the charts! 📊👀 What's your next move? Let me know in the comments! ⬇️💬
BLACKBULL:XAUUSDLong
by OfficialKieranTrewick
2
XAUUSD:Longs closed in the 2488-2496 range Gold started to rebound after touching the support near 2482-2473. It is still in the rebound stage. From the graph, the resistance of the rebound should appear near 2488-2496. At that time, we need to pay attention to the breakthrough of the resistance. I think the probability of a direct breakthrough is not high, because when it falls below 2500, it has become a strong resistance again. If you want to return to above it, you need to accumulate strength. Therefore, in the process of long trading, the TP setting should not be too high, and it can be controlled in the range of 2488-2496. Making money is not something that can be achieved overnight. You can't have the mentality of getting rich at once. A step-by-step trading method will reduce risks, and steady trading can allow us to survive in this market longer.
OANDA:XAUUSDLong
by Mia-Signal
ENDING DIAGONAL ! CORRECTION OR KEEP PUSHING UP ? Last Friday Gold Make The History Again By Making New ATH And That The Psychology Level Of 2500 , And All The Way Up To 2509.8 Marking As New ATH (For Now) By Closing Above 2500 Weekly/Daily And 4H Candles Strongly. What drives Gold Now ? No Any Good Resistance Fundamentals Are Good For Gold War Is Still Going On But As My Simple Elliot Wave Annualize Gold Has Make A Ending Diagonal Pattern Here. Ending Diagonal Is Indicating A Reversal Sing Of Gold If Follow Technicals. But Have A Doubt About That Because Of The Behavior Of The Gold Is So High Demand As Same Time. If The Diagonal Break Is Solid Gold Can Again Make A Motive Until Price Reach 2650 . Will See On Next Week What Will Happen. Wait For More Update
EIGHTCAP:XAUUSD
by Mr_Scalper_117
XAUUSD: 2500 is not broken, so it can continue to be bullishGold Market Fundamentals: Investors are largely convinced that a rate cut will happen in September, with the U.S. Dollar and Treasury yields continuing to decline, providing strong support for gold prices. Revised data from the U.S. Department of Labor reflects growing Fed concerns over the labor market, reinforcing expectations of a rate cut. Escalating geopolitical tensions in the Middle East and the stalled ceasefire negotiations in Gaza are also supporting gold prices. Fundamentally, the market remains optimistic. Global economic slowdown, trade tensions, and geopolitical risks are all factors supporting gold prices. Meanwhile, increasing expectations of a Fed rate cut are likely to further weaken the U.S. Dollar, creating favorable conditions for gold. Gold Market Technicals: On the 1-hour chart, gold prices have repeatedly tested the 2500 level as a key support, and it appears strong, with multiple pullbacks failing to break through. Additionally, the MACD indicator has formed a double golden cross pattern, indicating the potential for further price increases. Trading Strategy: Based on the above analysis, we maintain a bullish outlook today. However, close attention should be paid to the 2500 support level. If this level is broken, the pullback could intensify. Therefore, monitor the 2500 support closely, and I will update the strategy in the channel if any changes are needed. Support Range: 2500-2488, 2460-2475 Resistance Range: 2520, 2531 Intraday Risk Data: U.S. Initial Jobless Claims U.S. August PMI Data U.S. July Existing Home Sales Focus on Powell's speech tomorrow
OANDA:XAUUSDLong
by AntonyTP
First go long gold, then go short goldHello everyone, because I have been in the hospital for treatment and rehabilitation recently, I have not had time to update my trading ideas in recent days. I have completed all the procedures in the hospital today, and I can participate in the market again from today. From the overall situation, after gold reached a high of around 2532, the bullish momentum slowed down, and gold showed signs of returning to the technical side, so gold has a need for correction and repair. However, according to the short-term rhythm, gold has been able to rebound in time after falling many times, and it has not effectively broken during the decline, so gold refuses to fall to a certain extent, and the buying force below is strong. From the overall structure of gold, I currently divide gold into three areas as a whole. At present, gold is running in the first area. According to the profit and loss ratio, in terms of trading, I actually prefer to short gold at a high level; currently, gold has fallen to around 2485 in the short term, which is exactly at the dividing line between the first and second areas, and is also located in the short-term support area. Therefore, in terms of short-term trading, we can first consider going long gold in an appropriate amount; when gold rebounds to the middle and upper area of the first area, that is, after it is around 2510, we can then consider shorting gold! I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
OANDA:XAUUSDShort
by alongwineer
XAU/USD Monthly Chart Analysis: and Future Target 3000?On the monthly chart of XAU/USD, a classic Cup and Handle formation has developed, with a significant breakout occurring on March 1, 2024. Following this breakout, the price rallied by approximately 24.62%. To project future price targets, I employed a method of measuring the depth of the cup and adding it to the breakout level. This calculation resulted in a potential price target range of $2,915.24 to $3,000, reflecting a total expected increase of around 42.39%. As of today, August 22, the price has already moved up by 18.81%, leaving a potential upside of 16% to reach the target. The time projection for achieving this target was derived from the duration taken to complete the Cup pattern, which spanned 108 bars. By dividing this time period by two, I arrived at 54 bars, pinpointing a potential target date of September 1, 2028. Interestingly, there's a coincidental alignment between the breakout date of March 1 and the projected target date of September 1. However, it’s important to note that financial markets are highly sensitive to news and events, leading to dynamic price movements. The prices are not static and can experience various phases, including uptrends and downtrends. The intention behind this analysis is to identify and track high-time-frame patterns, providing a basis for future projections. I’ll also be tagging my previous Ethereum prediction, where I forecasted a price movement from $1,500 to $3,500 based on similar logic. Disclaimer: This analysis is for educational purposes only and reflects my personal study and predictions. It is not intended as financial advice. Please conduct your own research or consult with a professional before making any investment decisions.
FXOPEN:XAUUSDLong
by Jimmy_Rebello
GOLD H8 further gains as it crosses $2,500The upcoming Jackson Hole symposium, scheduled for August 22-24, is expected to be a significant event for financial markets. Hosted by the Federal Reserve Bank of Kansas City, the gathering will bring together central bankers, policymakers, and economists from around the world. Investors are eagerly awaiting Fed Chair Jerome Powell’s remarks, which could provide crucial insights into the Federal Reserve’s policy direction. Bank of America (BofA) strategists suggest that Powell may offer a clear assessment of the current economic situation, signaling that the Fed is “very close” to beginning an easing cycle. This would indicate confidence in controlling inflation, with a growing emphasis on maintaining a strong labor market. Powell may highlight the need to avoid “unexpected weakness” in employment, suggesting that job preservation could become a priority in 2024. The market is largely expecting a 25-basis-point rate cut in September, but strategists caution that more hawkish language from Powell could flatten the U.S. Treasury yield curve. Historically, rate volatility decreases following Jackson Hole as policy uncertainty eases. Recent inflation data, including the July Producer Price Index (PPI) and Consumer Price Index (CPI), showed signs of easing inflationary pressures. The CPI rose by 0.2% month-over-month and 2.9% year-over-year, supporting the potential for a rate cut. The market anticipates the Fed will begin easing rates in September if inflation continues to moderate. In addition to economic factors, escalating geopolitical tensions, particularly in the Middle East, have boosted demand for gold, a traditional safe haven. The ongoing conflict between Israel and Hamas, with potential Iranian involvement, has heightened fears of broader regional instability. The outlook for gold prices remains bullish in the short term, supported by a weakening U.S. dollar, expectations of an imminent rate cut, and ongoing geopolitical risks. Powell’s remarks at Jackson Hole will be pivotal, potentially influencing both gold prices and broader market sentiment.
FX:XAUUSDLong
by GOLDFXCC
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold is on fire! Central banks are scooping up gold at an unprecedented rate, fueling a massive bull run. In this video, we dive into the XAUUSD market, examining the fundamentals driving this surge, including: 🪙 Central bank demand: Learn why central banks are hoarding gold and how this impacts the market. 📉 Interest rate cuts: The Fed is hinting at rate cuts, and this is a major catalyst for gold. 🌎 Geopolitical tensions: Rising global instability is also bolstering demand for safe-haven assets like gold. We break down the impact of these fundamental factors on gold prices and analyze the price action on the XAU/USD chart to uncover potential trading opportunities for the upcoming week. XAUUSD Technical Overview: This week, we're focusing on the $2,475 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 then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. 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! #XAUUSD #Gold #Trading #TechnicalAnalysis #MarketAnalysis #GoldPrice #CentralBanks #Fed #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼 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.
OANDA:XAUUSD
by darcsherry
3
Gold Continues on ATH Bullish Path⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices (XAU/USD) saw slight losses on Monday as investors paused after the recent record high, waiting for more clarity on the Federal Reserve's (Fed) policy plans. Attention is now on the release of the July FOMC meeting minutes on Wednesday and Fed Chair Jerome Powell's speech at the Jackson Hole Symposium on Friday. His comments will be key in guiding expectations for future interest rate cuts, which will influence the US Dollar (USD) and gold's next move. Meanwhile, the growing belief that the Fed will start easing rates in September, due to signs of cooling inflation, has pushed the USD Index (DXY) to its lowest level since January. Ongoing geopolitical tensions in the Middle East and the Russia-Ukraine war continue to support gold. However, a positive market sentiment and hopes for a Gaza ceasefire may limit significant gains for XAU/USD. Despite this, the overall outlook favors bulls, with any significant dip likely seen as a buying opportunity. ⭐️ Personal comments NOVA: Gold price is currently sideways around $2500, accumulating waiting for FOMC interest rate information on Wednesday. Still supporting the Uptrend ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2478 - $2480 SL $2473 TP1: $2495 TP2: $2510 TP3: $2530 🔥SELL GOLD zone: $2530 - $2532 SL $2537 TP1: $2520 TP2: $2510 TP3: $2500 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY 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 - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
12
XAUUSD Gold Technical Analysis and Trade Idea 👀👉 Our focus is on the XAUUSD, which has exhibited strong bullish momentum on both the daily and 4-hour charts. However, with prices currently encountering a resistance level, we expect a potential retracement towards the Fibonacci 50% to 61.8% levels.
 This analysis incorporates essential aspects of technical analysis, including trend identification, price action, and market structure. We'll also detail a potential trade setup and discuss strategies that could enhance the probability of success.
 Please keep in mind that this analysis is intended for educational purposes only and should not be taken as financial advice. The observations provided are speculative and do not guarantee future market outcomes. We highly recommend verifying current price actions before making any trading decisions.
 This presentation offers a comprehensive review of the prevailing trend, market structure, and price dynamics. However, it’s crucial to recognize that while the information is educational, it does not assure trading success. Trading in the foreign exchange market involves significant risks, and we strongly emphasize the importance of applying sound risk management techniques in all your trading endeavors.
 We encourage you to perform extensive research and carefully consider all factors before making any trading decisions. Stay informed, be cautious, and approach the markets with a well-crafted strategy. 📊✅
FOREXCOM:XAUUSD
by fxtraderanthony
4
1:5 risk to reward buy setup for GoldCore Analysis Method: Smart Money Concepts Here’s the analysis based on the Smart Money Concepts methodology: 😇 7 Dimension Analysis Time Frame: 5M Swing Structure: The market structure is strongly bullish with liquidity resting in a key area at the extreme POI. The Inducement has been taken, and the corrective swing move has reached its lowest levels, showing two pullbacks. The internal structure supports this corrective move, with Order Blocks (OB), Sell Order Blocks (SOB), Fair Value Gaps (FVG), and liquidity marked as Points of Interest (POI) in the Discounted zone, making this setup powerful. Support & Demand are also located in the POI zone, making this setup favorable for bullish momentum. Pattern: 🟢 Chart Patterns: A Rectangle pattern is forming, so patience is required to see how it plays out. 🟢 Candle Patterns: Candle patterns will be considered once the price reaches the POI. Volume: No notable volume observations at this point. Momentum RSI: Skipped for this analysis. Volatility Bollinger Bands: Skipped for this analysis. Strength ADX: Skipped for this analysis. Rating: ⭐⭐⭐ (3 Stars) Probability: 50% The probability is moderate, indicating a balanced risk/reward scenario. ✔️ Entry Time Frame: 5M ✅ Entry TF Structure: Bullish ☑️ POI: Extreme unmitigated OB 💡 Decision: Buy Limit 🚀 Entry: 2494 ✋ Stop Loss: 2484 🎯 Take Profit: 2545 😊 Risk to Reward Ratio: 5 RR 🕛 Expected Duration: 1 Day (D1) SUMMARY: This setup on the 5-minute timeframe suggests a potential buying opportunity as the market is in a bullish structure, and key Points of Interest align at the Discounted zone. The Rectangle chart pattern forming adds to the likelihood of a potential move. The trade setup has a moderate probability with a 5:1 risk-to-reward ratio. The entry is planned at 2494, with a tight stop loss at 2484 and a target at 2545. Given the lack of significant volume, momentum, volatility, and strength indicators, this trade is more speculative and should be monitored closely as the price approaches the POI.
OANDA:XAUUSDLong
by Optimum369
1
Silver is in the bullish trend after testing supportHello Traders In This Chart XAGUSD HOURLY Forex Forecast By FOREX PLANET today XAGUSD analysis 👆 🟢This Chart includes_ (XAGUSD market update) 🟢What is The Next Opportunity on XAGUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAGUSDLong
by ForexMasters2000