GOLD NEW BUYING ZONE FOR A NEW ATH !!!HELLO TRADERS
As I can |Gold chart is still holding in uptrend after ATH it have to retrace and its opening of new moth that can grab some more liquidity from trend zone a make a massive move if geopolitical issues not solved even with TRUMP Gov which seems impossible as we can see Russia and north Korea both are pushing more in Ukraine and Iran also show that it have a great Defense Tecnology which is now an issue for Iseral fundamental are bad around the world and us economy also shrinking day by day Bricks Trade will give a big problem to $ incoming days technically FIBO GOLDEN VALUE 0.618AND 0.5 ALSO HAVE TO TEST and the uptrend line is another clue charts always talk it just need someone who can understand friends it's just a trade idea on daily based perdition not a financial advice make a proper analysis before taking any trade Stay Tuned for more updates
Xauusdupdates
NFP Ahead: Targeted Short Strategy for Optimal GainsMarket Insight: Great work today on capturing profits with the short trade, everyone! My VIP members and I have made impressive gains. If you're interested in continuing to secure these returns, reach out to me directly—we’re setting up for a major strategic move.
With most key economic releases for the week showing bearish outcomes, tomorrow brings one more critical release: the U.S. October Non-Farm Payroll (NFP) report, which is highly likely to impact gold negatively. We’ll continue focusing on short positions for the remainder of this week. Looking ahead, however, as the U.S. election concludes next week, we anticipate a potential shift, at which point we’ll pivot to long strategies to capture possible upside momentum.
Current Gold Trading Strategy:
Entry Level: Short gold at 2740
Take-Profit Target: 2730
Stop-Loss: 2750
Exclusive Member Strategy Update: This strategy will only be shared once today. For tomorrow’s detailed NFP trading plan, I’ll be providing specific guidance exclusively to my VIP members. If you’d like to join and get access to tailored strategies, reach out now!
Gold- Where is the next 1k pips trade?As I've outlined in both written and video analyses on FOREXCOM:XAUUSD , I’m anticipating a substantial pullback in gold prices.
Let’s look at this objectively: just as trees don't grow to the sky, neither does Gold.
With a remarkable 2,000-pip rally over the last 20 days, the likelihood of a meaningful retracement is increasing.
Each new high reached only makes a sharper pullback more probable.
That said, I’m not rigidly fixed on one outlook.
In yesterday’s analysis, I noted that a new all-time high seemed highly probable.
Acting on this, I opened a small long position after observing a buildup consolidation just under the previous ATH, which I closed at 2770.
The key question now isn’t whether gold will start pulling back, but rather where that pullback will begin.
On the 1-hour chart, since the low near 2600 on October 10th, Gold has been trading within an ascending channel.
Each time the price touches the upper boundary of this channel, it has reversed back down. Based on this behavior, I anticipate a similar reaction if gold approaches or slightly exceeds 2800, and I plan to fade any move above that level.
In conclusion, for those looking at potential 1,000-pip opportunities, I believe the short side currently holds more promise. In the short term, a retracement toward 2700 seems more realistic than an extension to 2900.
P.S: Looking at previous times when Gold has made ATHs, the reversal from the top has been more than 1000 pips.
Data is approaching: Plan short-selling strategies in advanceMarket Analysis: With the upcoming release of the “U.S. Initial Jobless Claims for the week ending October 26” and the “U.S. Core PCE Price Index Year-on-Year for September,” we anticipate significant market volatility in gold. My personal forecast leans towards a bearish impact on gold prices, especially given the positive indicators from various economic data released in October. Thus, the likelihood of tonight’s data being bearish for gold is high. We can proactively establish a short position ahead of the data release.
Pre-Data Release Gold Trading Strategy:
Entry Range: Short gold between 2780-2782
Take-Profit Target: 2772
Stop-Loss: 2790
Risk Management and Operational Advice: Post-data release, if profits are realized, it’s advisable to take immediate profits, as the market may reverse following the data announcement. I will also provide subsequent trading strategies after the data is released, so please stay tuned for updates to adapt your trading approach.
XAUUSD: Wait for a drop before rising, target 2800Yesterday, Wednesday, the United States released the October "small non-farm" data. The ADP employment in October recorded 233,000, the largest increase since July 2023. These figures are contrary to expectations of economic slowdown after the Boeing employee strike in October and the two brutal hurricanes and attacks on the US East Coast ports.
The subsequent release of the US third quarter real GDP annualized growth rate recorded 2.8%, lower than the expected and previous value of 3%. Consumer spending, which accounts for the largest share of economic activity, increased by 3.7%, the largest increase since the beginning of 2023. At the same time, data from the US Bureau of Economic Analysis showed that the initial value of the annualized quarterly rate of the core PCE price index in the third quarter of the United States rose by 2.2%, roughly in line with the Fed's goals.
Spot gold continued to hit a record high, hitting the $2,790 mark during the day, but failed to get above this level.
From the current point of view, 2,790 is very likely not the high point of gold, but the risk of retracement also needs to be considered.
Therefore, we can't blindly be bullish, but need to wait for a retracement before considering buying
XAUUSD: 31/10 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2800, support below 2739
Four-hour resistance 2800, support below 2772
Gold operation suggestions:
From the current market trend, we will rely on the 4-hour level support to arrange long orders. The support below is near the 2772 line. Focus on the previous daily level suppression to the current support 2740 line. We will look for opportunities to arrange long orders when we step back. In the middle position, we will watch more and do less, and follow orders cautiously, and wait patiently for key points to enter the market.
BUY:2772near SL:2769
BUY:2750near SL:2747
BUY:2740near SL:2737
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
XAU/USD 31 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal.
Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
In yesterday’s intraday analysis, I mentioned that technically, price was expected to react at the internal 50% EQ discount to target the weak internal high. However, there was also potential for a bearish iBOS, which is exactly what unfolded.
Price has made multiple attempts to breach the strong internal high at 2,789.855 but has yet to succeed, leaving it intact.
Intraday Expectation: Price has reacted from the H4 supply zone. Technically, price is now expected to target the weak internal low at 2,770.925.
Note: Price remains highly volatile due to ongoing geopolitical tensions and the Fed’s dovish stance.
M15 Chart:
Gold : Leveraging Double Top Pattern and Support AnalysisToday, I shared a short strategy, selling in the 2787-2791 range, with a target set at 2783-2779 and a stop loss at 2792. This is a smaller range signal.
The reason for the sell signal is the double top pattern observed on the 30-minute chart, along with the break of MA5 and MA10. I see this as a solid selling opportunity, with the main target being MA60. During the New York session yesterday, gold found support at MA60 twice, with long lower wicks, indicating strong support. Typically, longer upper wicks suggest stronger resistance, while longer lower wicks indicate stronger support.
I hope this trading tip helps everyone—don’t forget to accumulate your knowledge!
Strategic Short Positioning at ResistanceAnalysis: Today’s U.S. ADP employment data revealed a significant downside surprise, typically bearish for gold. However, gold prices have held steady, underscoring the strong fundamental support from factors such as geopolitical tensions and the lack of selling pressure. The market's reluctance to react sharply suggests the path of least resistance for gold remains upward. Despite this, gold sits at elevated levels, and while today’s data may not have triggered an immediate reaction, there’s an expectation of selling pressure as the U.S. trading session opens. Thus, our strategy focuses on initiating short positions to capitalize on potential pullbacks.
Trade Strategy:
Entry: Short gold between 2778-2780
Take-Profit Target: 2770
Mindset: Remain confident in the short strategy, stay composed, and await the gradual absorption of bearish data. Execute with discipline to optimize returns.
GOLD Moves: Key Levels to Watch TodayGOLD Analysis Overview
Current Market Levels:
The market is expected to sell off from the zone of 2780-2785.
A potential buy opportunity may arise from the zone of 2760-2755.
Intraday Trading Strategy:
Sell Zone: Monitor price action around 2780-2785 for potential short positions.
Buy Zone: Look for bullish signals around 2760-2755 for potential long entries.
Key Economic Indicator:
Non-Farm Payroll (NFP) Release: Scheduled for this Friday, which may significantly impact market volatility. Stay alert for potential price swings surrounding the announcement.
Trading Considerations:
Be cautious and prepare for increased volatility as NFP data is released.
Implement proper risk management strategies to mitigate potential losses.
Conclusion: If you find this analysis valuable, consider sharing it with your trading community to enhance collaborative insights.
XAU/USD 30 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally continues, driven by the Fed’s dovish tone and escalating geopolitical tensions, further reinforcing its safe-haven appeal.
Price has printed a bullish iBOS, positioning it within an internal low and a fractal high, with the bearish CHoCH level denoted by a blue dotted line.
Intraday Expectation: Since the internal range has yet to establish, I’ll remain on standby for now.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As noted in the weekly analysis from 27 October 2024, the daily timeframe’s CHoCH positioning was distant, making it likely for both H4 and M15 to print bullish iBOS, which has since materialised.
Price has now printed two bullish iBOS' within a significantly narrowed internal range, and we’re currently trading between an internal low and a fractal high, with CHoCH positioning marked by a blue dotted line.
Intraday Expectation: Technically, price is expected to react at the internal 50% EQ discount to target the weak internal high. However, a bearish iBOS is also plausible.
As emphasised before, price remains highly volatile due to ongoing geopolitical tensions and the Fed’s softer stance.
M15 Chart:
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: It's Time To FallAfter the Asian session opened, gold initially dropped but found support around 2739, consolidating for an hour before a direct rise. The MA5 and MA10 support levels remained strong, but with these now broken, it's likely time to aim for MA60.
I’ve taken significant sell positions above 2750 and plan to hold until the 2747-2742 range.
The Danger of Complacency in Gold’s Bullish TrendThe current sentiment around Gold is highly bullish, with traders showing a strong bias towards continued upward momentum.
This optimism, however, may be breeding a sense of complacency that often precedes a major market shift.
Technically, indeed, the recent break above local resistance around the $2,742-$2,745 zone gives bulls a target near $2,780, reflecting the recent momentum.
Yet from a swing trading perspective, entering long at this level may carry more risk than reward.
The market's potential for a significant downside reversal could present far more valuable entry points.
Waiting for clear signs of a trend change, rather than chasing highs, aligns better with my risk-conscious approach, positioning to capture more meaningful moves on the downside.
XAUUSD: Based on Previous Analysis! **XAUUSD: 1-Hour Chart Analysis**
Hello Traders,
Based on our previous analysis, we had expected prices to reversed from our designated buying zone. And price did that exactly, reversing from 2625 which took the price towards 2771. Where we have seen some resistance. We still are very much bullish on Gold. Next targets are 2800$ and then 2900$ as followed.
Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character.
The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signalling a strong bullish sentiment. Traders with open buy positions may consider holding them.
The market opened with a sell side gap on Monday, which does not invalidate our entry at all. Currently, the price is 400+ pips in the green. I recommend closing half of the positions.
#XAUUSD: On the way to $2800! 600+ Pips Swing Buy**XAUUSD: 1-Hour Chart Analysis**
Hello Traders,
Gold experienced a surge, reaching 2605 before reversing its direction. Investors anticipated a decline below 2700$. However, the price rebounded to 2743$, filling the volume gap and subsequently dropping to 2715$, which marked the last low. Despite this, the price failed to establish another lower low. Subsequently, it fluctuated within the vicinity before exhibiting a shift in price character.
The upcoming chart analysis indicates an exceptionally bullish outlook. Price has the potential to create another higher high, supported by robust fundamentals and technical indicators signaling a strong bullish sentiment. Traders with open buy positions may consider holding them.
Best of luck and trade safely.
How Much Gold Should You Hold in Your Portfolio?
Gold, often referred to as a safe-haven asset, has historically been a reliable hedge against inflation, economic uncertainty, and geopolitical risks. As the global economic landscape becomes increasingly volatile, many investors are turning to gold to diversify their portfolios and protect their wealth.
The Case for Gold
• Inflation Hedge: Gold has traditionally been a reliable hedge against inflation. As the purchasing power of fiat currencies erodes, the value of gold tends to rise.
• Diversification: Gold has a low correlation with other asset classes like stocks and bonds. This means that adding gold to your portfolio can help reduce overall risk.
• Safe-Haven Asset: In times of economic turmoil or geopolitical uncertainty, investors often flock to gold as a safe-haven asset.
•
How Much Gold Should You Own?
The optimal allocation to gold in a portfolio depends on various factors, including your risk tolerance, investment horizon, and overall financial goals. However, in the current economic climate, many experts recommend allocating a significant portion of your portfolio to gold.
A 15-20% Allocation: A Prudent Choice
Given the current economic uncertainty, geopolitical tensions, and inflationary pressures, many financial advisors suggest allocating 15-20% of your portfolio to gold. This allocation can provide a solid hedge against potential downside risks and help preserve your wealth over the long term.
Factors to Consider:
• Risk Tolerance: If you have a higher risk tolerance, you may consider a higher allocation to gold. However, it's important to balance risk and reward.
• Investment Horizon: A longer investment horizon allows for a more aggressive allocation to riskier assets like stocks. However, gold can still be a valuable component of a long-term portfolio.
• Market Conditions: Economic conditions, geopolitical events, and central bank policies can significantly impact the price of gold. Stay informed about these factors to adjust your allocation as needed.
• Diversification: Ensure that your gold investment is part of a diversified portfolio. This means spreading your investments across various asset classes to reduce risk.
•
How to Invest in Gold
There are several ways to invest in gold:
• Physical Gold: Buying physical gold in the form of coins or bars is a traditional method. However, it requires secure storage.
• Gold ETFs: Gold exchange-traded funds (ETFs) provide a convenient way to invest in gold without the hassle of physical storage.
• Gold Mining Stocks: Investing in gold mining companies can offer exposure to the gold market, but it comes with additional risks associated with the mining industry.
•
Conclusion
In conclusion, while gold may not offer the same potential for high returns as other asset classes, it can be a valuable tool for risk management and wealth preservation. By allocating a significant portion of your portfolio to gold, you can protect your wealth against a range of risks and secure your financial future.
XAUUSD: Beware of the pullback, sell at high today, target 2730The trend of gold perfectly replicated my idea yesterday. I explained yesterday's trading strategy and future gold price trend very clearly. Yesterday's closing price is very important to the future trend of gold. If the price can close above 2740-2735, the gold price will start to rise. Otherwise, it will continue to adjust if it closes below.
Yesterday’s closing price was just above 2740, and today’s opening price continued to rise, with the highest point once again reaching the historical high of 2757.
Next, I don’t think gold will directly set a new historical high again, because the monthly NFP data will be released this week. It is unlikely that it will set a new high before the data is released. There is a high probability that it will adjust first and then when the data is released. Refresh the high of 2757.
As for today's trading direction, I think it is feasible to choose to short at a high level
XAUUSD: Sell, Target 2745-2736Today, I highlighted the likelihood of a gold pullback near 2754, with support in the 2745-2736 range. As expected, the price dipped to around 2746, delivering solid profits for those who followed this strategy.
Currently, DXY shows signs of an uptrend, which could intensify during the U.S. session, likely pressuring gold to drop further. Support remains focused on the 2745-2736 range, with a stronger DXY potentially pushing gold down to around 2732. For resistance, continue to reference the 2752-2758 zone.
XAUUSD Gold at a Key Extended Level: My Entry Criteria for a Lon👀👉 XAUUSD Gold has reached all-time highs and is currently exhibiting a double top formation. We’re considering a long position on the 4H timeframe if a significant pullback occurs towards equilibrium. *Disclaimer: This is not financial advice. 📊✅
Gold Short: Pullback from Overbought HighsCurrently, Gold (XAU/USD) is showing signs of nearing overbought levels, with price action testing the upper resistance channels on the 30-minute timeframe. A descending trendline aligns with key Fibonacci retracement zones, suggesting a potential reversal opportunity from recent highs around $2,764. In this setup, I’m monitoring price action around the trendline for any signs of rejection, which could indicate the start of a short-term downward movement.
The Relative Strength Index (RSI) is approaching overbought territory, currently close to 69, which often signals an imminent pullback. This, combined with recent highs, gives a strong technical basis for a short position targeting a reversion to lower support levels.
Fundamental Context:
Fundamental factors are adding weight to this setup. Market sentiment remains risk-off due to persistent geopolitical uncertainties in the Middle East and a closely watched U.S. presidential election, both of which have driven safe-haven demand for Gold. Additionally, there is a 96% market expectation for a Fed rate cut of 25 basis points, creating a low-interest rate environment, further supporting bullish Gold sentiment.
However, despite these bullish drivers, any signs of easing in geopolitical tensions or unexpected outcomes in the Fed’s rate decision could diminish the upward momentum. Combined with RSI overbought conditions, this presents a tactical opportunity to capitalize on a potential corrective move in Gold’s price.
Trade Plan:
1. Entry: Short position near the $2,755 resistance level.
2. Stop Loss: Set above the recent high around $2,770 to guard against a false breakout.
3. Target: Initial target at $2,720, with potential to add partials or adjust if price action shows signs of reversal.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
XAUUSD:29/10 Today's Market Analysis and StrategyGold technical analysis
Daily resistance 2800, support below 2700
Four-hour resistance 2760, support below 2733
Gold operation suggestions:
From the current market trend, we will rely on the 4-hour level support to arrange long orders. The upward trend channel support is near 2735-38. It is our opportunity to arrange long orders near this position. The upper pressure opportunity is 2758-2762. At present, shorting in such a market is only a small decline and accumulation of momentum. Wait patiently for the key point to enter the market.
BUY:2733near SL:2730
BUY:2739near SL:2735
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.