XAUUSD (H4) : BULLISH STRONG FOR NEW RECORD OF $2600.00

20 באוג׳

XAUUSD (H4) : BULLISH STRONG FOR NEW RECORD OF $2600.00

The price of the Gold is increasing in the best way, recently the Gold price create a new record in the month of the August 2024 while hitting $2500.00. Now I am looking that Gold will reach to $2600.00 new record in the few coming weeks.

LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.

26 באוג׳

עסקה פעילה

This Zone can be best support to push the Gold price to jump and reach and cross $2600.00.

26 באוג׳

הערה

26 באוג׳

הערה

27 באוג׳

הערה

Still in the given track and the Gold movement is still in the bullish trend, for more related updates keep following me and keep patience as my target already more than 30% in win.

27 באוג׳

עסקה פעילה

Hoping with patience the Gold will take the trend support line will be effective to make the given target more strong.

28 באוג׳

עסקה פעילה

Technical Analysis (1-hour chart):

The daily candle closed slightly bullish at 2517.900, breaking and closing above recent daily resistance.

Potential Buys: Look for buying opportunities above 2521.700, targeting hourly resistance around 2526.700. Consider leaving runners to the all-time highs around 2531.700.

Potential Sells: Consider selling below 2514.700, targeting 4-hour support formed around 2509.500. Runners can be left to the next 4-hour previous resistance formed on August 22, 2024, around 2503.800.


Overall Outlook:
Immediate bias remains with bulls as long as the price stays above the $2500 support zone (psychological level and rising 10-day moving average).

A deeper pullback below $2500 should be contained above $2470/64 (August 22 higher low and ascending 20-day moving average) to maintain bullish momentum/

29 באוג׳

עסקה פעילה

The chart shows the XAU/USD (Gold to US Dollar) price movements.

Key points include:
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1. Support Zone: There’s a highlighted horizontal zone labeled “This support zone can make Gold to rise very fast if bulls hold it.” This suggests that if buyers maintain control, the price could increase rapidly.

2. Bullish Expectation: An upward-pointing arrow from the support zone indicates an expected bullish movement.

3. Trend Lines: The chart includes trend lines that suggest technical analysis by a trader, indicating potential future price directions.

Overall, the chart suggests a bullish outlook for XAU/USD if the support zone holds. 📈💰

29 באוג׳

עסקה פעילה

Its trying to get its heights, keep patience for more critical updates.

30 באוג׳

עסקה פעילה

31 באוג׳

עסקה פעילה

On August 30, 2024, the price of gold (XAUUSD) remained firm above $2,500, with a high of $2,526.49 and a low of $2,494.79, closing at $2,500.76. The market was closely watching the release of US inflation data, which could influence price movements.

The forecast for XAUUSD indicated a strong uptrend, with potential for continued growth if the price could break above the $2,532 resistance level. However, intense selling pressure at this mark kept the price from surpassing it.

2 בספט׳

עסקה פעילה

20 בספט׳

עסקה סגורה: היעד הושג

Congratulations to the all trader and followers that we had achieved our big target successfully. It took more time but at the end successfully achieved the target 100% in the given same direction.

More than 1000+ Pips target achieved, patience was required because this analysis proved accurate.

Thanks for your support and comment.