XAUUSD BUY ANALYSIS WEEKLY FORECAST Here on Xauusd price has just made an uptrend and there is high chance of reverse to make a support in other to continue it uptrend movement so then entry point should be around 2621.705 and 2599.881 with stoploss of 2583.324 and the targeting profit should be 2640.520 for TP1 and 2668.365 for TP2 and 2696.963 for TP3 . Use money management
Xauusdsignal
XAUUSD Gold Technical Analysis and Trade Idea👀 👉 XAUUSD (Gold) is currently retracing into a potential buy zone. In the video we discuss what to look for and how to get involved when the next opportunity presents itself. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Gold Roadmap!!!Gold started to increase after the tension between Lebanon and Israel , and maybe the price of Gold increased more than expected , so that it even went a little higher than the important resistance line, bu t this increase was in the form of a fake break .
Gold is currently moving towards the Support zone($2,600-$2,580) and breaking the Uptrend line .
According to the Elliott wave theory , Gold seems to have used an Ending Expanding Diagona l to complete the main wave 5 . The Ending Expanding Diagonal usually comes at the end of wave 5 .
Also, Regular Divergence (RD-) between Consecutive Peaks .
I expect Gold to continue to fall in the coming hours and days after breaking the Uptrend line , at least to the Support line , and I expect this fall to be even more. Of course, the conditions of the Middle East can change the direction of gold movement at any moment.
Gold Analyze ( XAUUSD ), 4-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.
Still holding short positions, 2630 is not the end!So far, I still insist on holding short positions and executing mid-term trading as planned. So far, the lowest price of gold has reached around 2630. Although it has rebounded and returned to around 2640. But it is obvious that the high point of gold rebound is gradually decreasing, and as gold continues to fall below 2650 and 2640, it also means that the adjustment cycle has been prolonged to a certain extent. So it is obvious that gold has not completely stabilized and is expected to continue to pull back.
So 2630 is not the end point, gold is expected to continue to fall, and it is very likely to retest around 2600 again, and it may even fail to hold 2600 and have to test around 2580. So I still stick to the mid-term trading plan, short gold, and wait for the fruits of victory!
Bros, let's wait and see!
GOLD ! 9/30 ! down adjustmentXAU / USD trend forecast September 30, 2024
Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes killed Nabil Kaouk, the deputy head of Hezbollah's Central Council, marking the seventh Hezbollah leader killed in just over a week.
Based on M30, price adjustment h1 frame, XAU down
/// SELL XAU : zone 2664-2667
SL: 2672
TP: 50 - 150 - 300 pips (2637)
Safe and profitable trading
XAU cumulative adjustment process !! wait NF ⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) started the week slightly lower but remain within a recent trading range, close to last Thursday's record high. Tensions rose as Israel escalated conflict at its Lebanon border, increasing geopolitical risks in the Middle East. Additionally, news of Japan's Prime Minister Shigeru Ishiba planning a general election on October 27, alongside US political uncertainties, provides support for the safe-haven asset.
Dovish expectations from the Federal Reserve keep the US Dollar near its lowest point since July 2023, which may further support gold. However, a risk-on mood driven by new stimulus measures from China puts some pressure on XAU/USD. Despite this, the broader outlook favors potential dip-buying opportunities.
⭐️ Personal comments NOVA:
According to the H1 frame, the gold price is in two adjustment and downtrend lines, waiting for NF news this week
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2643 - $2641 SL $2636
TP1: $2650
TP2: $2655
TP3: $2662
🔥SELL GOLD zone: $2670 - $2672 SL $2677
TP1: $2663
TP2: $2657
TP3: $2650
⭐️ 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
- The winner is the one who sticks with the market the longest
Gold’s Correction: Signals to Watch for the Next RallyLast week, I suggested that Gold would experience a pullback at some point.
However, this wasn't a prediction of a trend reversal, but rather a temporary correction following its extended upward move.
On Friday, Gold did indeed decline, reaching an intraday low in the 2643 zone.
Now the key question is: Has the correction ended?
In my view, there is still potential for a further dip, with the next leg of the correction possibly pushing Gold down to around 2630, which could present an ideal buying opportunity.
In this scenario, Bulls may look for entry points and aim for the recent highs.
Additionally, a break above the Asian session high could indicate the correction is over, marking the 2645 zone as the bottom
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: 30/9 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2700, support below 2622
Four-hour resistance 2685, support below 2643
Gold operation suggestions: Gold currently has different degrees of narrowing signals in the 4-hour and 4-hour, indicating that there will be a need for adjustment in the short term. With the high and fall action at the end of last Friday, this week before the release of non-agricultural data, it will maintain the range sweeping action, continue to narrow the range, and accumulate momentum to break through the range again. At the daily level, it is based on the 10-day moving average as the support line for the rise.
Today's support below focuses on the 2643/2634 level, and the upper pressure focuses on the 2675-2685 area. Continue to rely on this range to sell high and buy low during the day. The daily level does not fall below the 2622 line and continue to be bullish. I will prompt the specific operation strategy in the VIP signal.
BUY:2650near SL:2647
BUY:2634near SL:2630
BUY:2622near SL:2618
The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
#XAUUSD 1HXAUUSD 1-Hour Chart Analysis
Pattern Identified: Bearish Market Bias with Focus on Selling at Pullbacks
Forecast: Sell
Outlook for Next Week: Good Luck
On the 1-hour chart of XAUUSD (Gold/US Dollar), the market is exhibiting a bearish bias, with sellers maintaining control over price direction. Given this downward pressure, the strategy revolves around selling at pullbacks. Pullbacks represent short-term upward retracements that offer opportunities to enter short positions before the price resumes its decline in line with the prevailing bearish trend.
Key resistance levels, previous support zones that have turned into resistance, or Fibonacci retracement levels will serve as optimal points to watch for potential pullback reversals. These pullbacks provide traders with better entry prices for their short positions, maximizing the potential for profit while minimizing risk.
Actionable Insight: Traders should patiently wait for price pullbacks towards resistance areas or key retracement levels. Once price action shows signs of weakening bullish momentum, these points can serve as entry zones for selling. Stop-loss orders should be placed above resistance levels or the highs of the retracement to protect against potential reversals. Look for confirmation patterns such as bearish candlesticks or momentum indicators to validate entry decisions.
Good Luck for the Next Week: Stick to the plan, and may your trades align with the bearish trend for a profitable outcome!
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.
2702 ! XAU/USD offers the most positivity ⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) edged lower during Friday’s Asian session but remains close to the recent record high. The US Dollar (USD) recovers some of its previous losses as traders adjust positions ahead of the US Personal Consumption Expenditure (PCE) Price Index release. This, combined with a positive market sentiment and overbought signals, creates pressure on gold.
However, expectations of more aggressive rate cuts from the Federal Reserve (Fed) may limit any significant USD gains. Additionally, ongoing geopolitical tensions in the Middle East continue to support safe-haven assets like gold, helping to cushion its decline. Traders await the US inflation data, which could impact the Fed's rate-cut plans and drive gold’s next move.
⭐️Personal comments NOVA:
Friday with PCE news brings gold's strongest week of gains - ATH target reaches 2702
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2655 - $2653 SL $2650 scalping
TP1: $2660
TP2: $2670
TP3: $2680
🔥BUY GOLD zone: $2642 - $2640 SL $2635
TP1: $2655
TP2: $2662
TP3: $2670
🔥SELL GOLD zone: $2701 - $2703 SL $2708
TP1: $2690
TP2: $2680
TP3: $2660
⭐️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
Can Bulls Muster the Strength for Another Rally?In yesterday’s video, I mentioned a high probability of Gold reaching a new all-time high (ATH) before undergoing a significant correction. As anticipated, the price pushed higher, with the new ATH now standing at 2685.
After hitting this high, the price experienced a quick drop, but bulls held strong around the 2650 support zone.
Since then, the price has rebounded to 2670 and has entered a phase of consolidation.
This consolidation is forming a symmetrical triangle, which often signals a continuation of the prevailing trend.
Considering today is Friday, and with the end of the month approaching, a push to test levels above 2700 is possible.
That said, it’s important to remember the saying: “Trade what you see, not what you think.” What we currently see is solid support at 2650.
As long as this support holds, the trend remains strongly bullish, making it risky to attempt to predict a market top.
Short-term traders could search to buy dips against 2650.
Holding Strong: Why It's Time to Bet on Gold's Decline
There isn't much to add—I'm currently stuck in a short position on gold, but I remain convinced that a downturn is imminent. The 4-hour chart shows a clear bearish divergence, and I don’t believe it will break through the $2700 mark easily. As a result, I’m consistently increasing my short positions, waiting for the profit window to open.
Trust me, buying in at this level is as foolish as selling below $2610.
If you're holding short positions, stay firm. If you're holding long, it might be time to take profits. Greed rarely rewards anyone in the long run in the markets.
XAU ! price increase ATH 2691 ! 9/26XAU / USD trend forecast September 26, 2024
The US Dollar is struggling to maintain Wednesday's recovery gains due to expectations of a dovish Federal Reserve, which supports Gold prices. Despite efforts from Fed officials to downplay the chances of aggressive easing, markets are still expecting a 50 basis point rate cut in November. Fed Chair Jerome Powell’s speech on Thursday will be closely watched for signals on future rate cuts and the direction of XAU/USD. Key US data, including Q2 GDP, Weekly Jobless Claims, and Durable Goods Orders, along with speeches from other FOMC members, could also impact the outlook.
Based on M30, break resistance 2670 , ATH new
/// BUY XAU : zone 2653-2650
SL: 2645
TP: 50 - 150 - 300 pips (2680)
Safe and profitable trading
XAUUSD: Are We Heading Towards $2700?Dear Traders,
XAU touched $2400 region and then left a strong wick, the fundamental site has strong support for the gold to continue the bullish move due to the current war like scenario happening in the world. However we can enter a buy entry at our target area and target 500 pips at least from the entry. Good luck
Consolidation could lead to new ATH. Still wanted to sell thoughGold remains in consolidation, and a new all-time high could be on the horizon.
However, I still anticipate a significant correction.
For now, I'm staying out of the market, looking for opportunities to fade the current move, with the expectation of at least a 500-pip target.
Rate Cut Expectations Boost Gold TO 2700$ NEW ATHHELLO TRADERS!
As I can see market participants now see a nearly 50% chance of a 50-basis-point rate cut, up from 14% earlier in the week. Comments from former Fed officials and the market’s appetite for deeper cuts have intensified speculation that the Fed may take more aggressive action. This has fueled gold’s rally, with lower rates generally increasing the appeal of non-yielding assets like gold.
U.S. Dollar and Bond Yields Support Gold’s Rise
Despite the rally in gold, the U.S. Dollar Index gained slightly this week, closing at 101.114 with a 0.07% increase. However, the expectation of future rate cuts tempered the dollar’s momentum, keeping gold prices strong. Additionally, bond yields fell, with the 10-year Treasury dropping 2.1 basis points. As bond yields decline, the opportunity cost of holding gold diminishes, bolstering its attractiveness as a safe-haven asset.
Global Monetary Easing and Central Bank Demand Drive Gold Higher
The European Central Bank (ECB) also cut interest rates this week, contributing to global monetary easing and reinforcing gold’s strong uptrend. Central banks, particularly in emerging markets, have been increasing their gold reserves, further supporting prices. With the Fed likely to follow suit, the demand for gold is expected to remain robust in the short term.
Next Week’s Forecast: Fed Meeting in Focus
Looking ahead, all eyes are on the Federal Reserve’s policy meeting scheduled for next Tuesday and Wednesday. The market widely expects a rate cut, marking the Fed’s first reduction since 2020. While the consensus is for a 25-basis-point cut, there remains a significant 49% chance of a larger 50-basis-point reduction. A larger cut would likely drive gold prices higher, potentially pushing them towards $2,600 per ounce.
Moreover, the Fed will provide updated projections on future rate cuts, which could signal further monetary easing through 2024. The Fed’s success in bringing inflation near its 2% target while avoiding a severe recession will be pivotal in determining its next moves. If inflation continues to moderate and the labor market weakens, additional cuts could be on the horizon, further supporting gold’s bullish outlook. technically chart is also crystal clear its just a trade idea
Dear traders Support the idea it will help many other traders and share ur thoughts with us in comment Stay Tuned for more updates ....
Strong breakthrough, 2700 may be reached at any timeDaily resistance 2700, support below 2650
Four-hour resistance 2700, support below 2650
In the face of the trend, any counter-trend force will be disintegrated. As retail investors, the only thing we have to do is to follow the trend. We can't change anything, we can only change ourselves, and we can only survive in the market by improving our trading awareness and ability. Short sellers are wailing, and long sellers are making money all the way. Now gold is bullish, keep going long with the trend, don't go against the market, don't think about guessing the top, followers must be happy all the way, guessing the top and shorting all the way will only be stopped continuously, or even blow up.
In terms of intraday operations, the idea is still very clear, "bullish", "long", participate in the trend, do not be afraid of heights and do not guess the top. I said not to be afraid of heights but how many people remember it? As long as there is a stop loss, there is no need to be afraid of heights. Let me emphasize again, and fear of heights is not a reason to short against the trend. The intraday support is at the 2650 mark, and the low point of last night's decline was also near this. This is the defensive position of the intraday bulls. The entry position is inferred from the stop loss position. As long as the stop loss can be placed around 2650, it is perfect. You may as well be bold and actively follow the trend. Now it has broken through the historical high. Today's low near 2655 has become our defensive position for BUY. Just BUY on the trend.
Wait patiently for the opportunity to go long. Now it has broken through strongly and 2700 may be reached at any time.