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Xauusdsignal

ATH XAU is getting closer !! will it reach 2550 ??⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) is under pressure on Friday due to a stronger US Dollar (USD). Positive US growth data and lower Initial Jobless Claims have reduced expectations for a significant rate cut by the Federal Reserve (Fed) in September, weighing on gold. However, rising geopolitical tensions in the Middle East and the ongoing Russia-Ukraine war may increase safe-haven demand, supporting gold prices. Investors are watching US inflation data for clues on the Fed's rate cut decision. The core Personal Consumption Expenditures (PCE) Price Index, the Fed's preferred inflation measure, is expected to rise 2.7% YoY in July, slightly up from 2.6% in June. A softer-than-expected PCE could prompt the Fed to begin a rate-cutting cycle, which would be favorable for XAU/USD. ⭐️ Personal comments NOVA: The bulls are still dominant, trying to surpass the old 2531 ATH zone. NOVA is still waiting for September - the end of August will continue to sideway and adjust downwards. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2507 - $2509 SL $2503 scalping TP1: $2515 TP2: $2522 TP3: $2531 🔥BUY GOLD zone: $2483 - $2485 SL $2478 TP1: $2495 TP2: $2502 TP3: $2510 🔥SELL GOLD zone: $2548 - $2550 SL $2555 TP1: $2540 TP2: $2530 TP3: $2520 ⭐️ 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
OANDA:XAUUSDShort
by Nova-Scalper
7
After the gold rebound, continue to short gold!Brothers, today we use the 2525-2530 area as resistance and continue to short gold near 2520. Obviously, with the help of the initial jobless claims data, our profits have grown rapidly! Because gold has certain buying support in the 2505-2500 area, we choose to manually close the position near 2507 to lock in profits in time. Congratulations to all the brothers who followed my trading signals and ended their short positions with profits again! At present, gold has received support from the 2505-2500 area as expected, and has rebounded in the short term. It has now rebounded to around 2513. So how do we find opportunities next? In fact, from the candlestick chart, although gold continues the triangle consolidation trend, it has been under pressure in the 2525-2530 area many times, which has consumed the bullish momentum to a certain extent; and as gold falls back, the upper resistance area is gradually moving down, which is also conducive to the decline of gold; and the strong counterattack of the US dollar has also brought certain pressure to gold. In addition, if gold fails to break upward, there may be a certain amount of profit chips cashed out. Once a large number of chips are cashed out, it may even cause a certain amount of selling. So in terms of trading, if gold continues to rebound, then I will also consider continuing to short gold after the rebound. First, observe the performance of gold in the 2516-2520 area. 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
5
Breaking the main level for correctionBreaking the main level for correction At the moment, the gold market is characterized by increased investor interest due to global economic uncertainty, inflation risks and geopolitical factors. Gold prices remain high as it is traditionally seen as a safe haven in volatile times. In addition, currency fluctuations and changes in central banks' monetary policies are also impacting the market. Investors are actively monitoring economic data to forecast further movement in gold prices.
FXOPEN:XAUUSDShort
by seventhlab
XAUUSD:29/8 Today's Market Analysis and StrategyGold technical analysis Daily resistance 2550, support below 2450 Four-hour resistance 2525/2550, support below 2494 Gold operation suggestions: Gold's downward momentum last night was very strong, but the energy of the early morning rebound was also relatively strong. At present, the low point of the medium-term trend of the gold hourly line has been in a continuous downward stage. The disk shows a trajectory of weak and oscillating decline, but it began to stabilize and rebound near 2493 yesterday. At present, the Asian session broke through the moving average pressure level and attacked 2521, and it is very close to the upper pressure level of 2526-2528! Need to wait patiently! Judging from the current trend of gold, the upper pressure remains around 2525-50, and the lower support remains around 2490-2494. Before the lower level fails to break, there may still be a period of range oscillation in the short term, and gold rebounds. If there is no breakthrough near 2525-30, you can go short. BUY:2494near SL:2490 BUY:2500near SL:2494 SELL:2528near SL:2533 ⚠️The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSD
by ActuaryJ
Gold shows signs of exhaustion at its record highGold may have reached a record high on Tuesday, but it then handed back more than half of the day's gains to leave a long upper wick. The ATH met resistance at the weekly R2 pivot and the daily RSI (2) has formed a bearish divergence in the overbought zone. A momentum shift can be seen at the ATH on the 1-hour chart. A bearish divergence has also formed on this timeframe. The bias is to fade into retracements within yesterday's range to target the 2540/45 range, near the 50-bar EMA and HVN (high-volume node).
COMEX:GC1!Short
by CityIndex
Go long gold first, then go short goldFirst of all, let me reiterate that our interim target is in the 2460-2450 area, so we have been shorting gold around 2525 recently and have made good profits in short-term trading. At present, gold is mainly running around 2500, but it has never effectively fallen below the 2500-2490 support area. So overall, gold still maintains high-level fluctuations. On the other hand, the buying support below gold is strong, and new funds may buy after the decline of gold, limiting the decline of gold. So even if I am optimistic about the decline of gold and set the interim target as the 2460-2450 area. But gold will not fall to the right place all at once, so I will not advocate shorting gold directly around 2500. On the contrary, for short-term trading, we can appropriately go long on gold around the 2500-2490 support area, and after gold rebounds, we will re-enter the gold short trade! 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
XAUUSD: Buy bullish in 2500-2505 area, target 2530Gold fundamentals: The US dollar continued to fall, closing at a low of 100.55, and fell 3.2% in August, the largest monthly drop since November 2022, which significantly increased the attractiveness and demand for gold. The market's expectation of a rate cut in September is almost a foregone conclusion. The current focus is on the possibility of a 50 basis point rate cut. Rate cuts usually reduce the opportunity cost of holding gold, making gold more attractive as an interest-free asset. In addition, Powell's dovish signal at the Kansas City Fed meeting has boosted demand for non-US dollar wealth storage tools. Futures traders expect a cumulative rate cut of about 106 basis points in 2024, which further enhances the market's bullish expectations for gold. At the same time, the escalation of geopolitical conflicts in the Middle East and Russia-Ukraine has intensified the market's risk aversion and further promoted demand for gold. Gold technical aspects: In yesterday's gold analysis, I clearly mentioned the support strength of the 2500-2505 area, and this area has resisted the decline for many times without breaking, so we can still continue to believe in the support of this area. If it retreats to this area during the day, you can consider buying again. Of course, we still need to consider the precautionary actions after the break here. Combined with the above analysis, my trading strategy today is similar to yesterday, as follows: First of all, the main bullish, as long as the gold price retreats to the 2500-2505 area, you can consider buying, the target is 2530, 2550 On the contrary, if it effectively falls below 2500, you can choose to sell near 2500. What needs to be noted here is the effective break, not the false break If you have different opinions or questions, please speak up, let's discuss the latest ideas of GOLD together
OANDA:XAUUSDLong
by AntonyTP
2
XAUUSD: Today’s Market Analysis and StrategyGold technical analysis Daily resistance 2550, support below 2450 Four-hour resistance 2550, support below 2494 Gold operation suggestions: Gold retreated slightly after opening yesterday, and then retreated again, reaching a maximum of around 2527, approaching the previous high point, but unfortunately, the bulls did not break through the high point again, but retreated under pressure. The current market is still in a weak form, and we need to wait for the confirmation of the European session before we can confirm the long and short direction in the later period. From the current trend of gold, the upper pressure is maintained at around 2518-20, and the lower support is maintained at around 2494-2500. The current price is still in the middle, and the long and short still need to wait. The ideal entry time needs to wait for the European session to give a direction, and then trade in the US session. Before the lower position fails to break, it may continue to fluctuate in the short term. BUY:2494near SL:2490 BUY:2500near SL:2494 SELL:2518near SL:2523 The strategy only provides trading directions. Since it is not a real-time trading guide, please use a small SL to test the signal.
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD:It could break through 2530 The price continues to fluctuate within the resistance zone. Looking at the 4-hour chart, both the indicators and the current pattern favor the bulls. If the price doesn’t break below the 2517-2511 area before tomorrow’s New York session, we can expect an upward move. At the same time, the DXY is starting to show signs of forming a bottom, the likelihood of it moving in the same direction as gold is low. Once the DXY successfully bottoms out (which I expect to happen around the 99.5-99 level), it will likely mark the medium-term top for gold. At that point, the trading strategy should focus on selling at high levels.
OANDA:XAUUSDLong
by Mia-Signal
XAUUSD: Short, target 2463-2452 Gold is fluctuating within the 2508-2519 resistance range, and indicators are starting to show weakness. A pullback is expected next week, and a second test of the resistance near 2519 cannot be ruled out. From the overall trend perspective, I lean towards the likelihood that it won’t break through, leading to a significant drop. The first major support during the decline is around 2500, followed by 2488-2477, and finally around 2452. If strong resistance is encountered near 2520 and it fails to break through, a double top pattern could form, making a drop to around 2452 highly likely. Therefore, in next week’s trading, focus on observing the resistance and prioritize short positions.
OANDA:XAUUSDShort
by Mia-Signal
1
The range of the fall increasesThe range of the fall increases At the moment, the gold market is showing significant attention from investors amid geopolitical instability and inflation risks. Gold prices remain high as investors seek protection from potential economic downturns and uncertainty in the financial system. In addition, rising interest rates in the US could put pressure on the desired price level, leading to some volatility in the market. Analyzing data from fundamental analysis such as unemployment rates, GDP and inflation forecasts can help investors make more informed gold trading decisions.
FXOPEN:XAUUSDShort
by seventhlab