GOLD KING Signals 🤴♻️

29 августа 2024 09:16

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27 августа 2024 12:25

👑 Ideas For #XAUUSD / #GOLD
📈 Consolidation in a bull market. Will we reach 2550?
———————————————
GOLD is moving into a consolidation phase amid a strong bullish trend as buyers are waiting for catalysts for a new upswing. Buyers are still serious, and Central Banks of major economies continue to actively buy the metal

Fears of a wider Middle East conflict, have eased, at the same time the US Dollar paused its overnight recovery. The corresponding reaction - flat, we observe on the chart of gold.
Further price direction appears to be northward, as it remains supported by the Fed's dovish sentiment on monetary policy and looming geopolitical risks in the Middle East. In addition, hopes of improved physical gold demand from India and China are likely to limit the decline in the gold price.

Resistance levels: 2517, 2531
Support levels: 2501, 2493, 2477

Technically, since the price is in a range and tested the resistance area earlier, the MM has a liquidity target at the bottom. Consequently, gold may test support (false breakdown) before heading towards resistance again. Emphasis on the channel boundary, 2501, 2493, 2477.

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27 августа 2024 09:44

🚨Move the StopLoss to the Entry point (To the breakeven point)

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27 августа 2024 09:27

New Signal⚠️
#GOLD Sell📉 at 2513.82

StopLoss❗️: 2517.66

Scalp trading:
Take Profit 1️⃣: at 2508.65
Standart trading:
Take Profit 2️⃣: at 2499.75
Swing trading:
Take Profit 3️⃣: at 2482.79
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2

GOLD KING Signals 🤴♻️

23 августа 2024 15:48

The First Take-Profit has been reached🎯💰: +42pips

GOLD KING Signals 🤴♻️

23 августа 2024 12:39

👑 Ideas For #XAUUSD / #GOLD
📈 Consolidation within a bullish trend. News ahead...
———————————————
GOLD is testing the support conglomerate: trend boundary and MA-200, forming a false breakdown after long-squeeze from 2490. There are important news ahead, which can either strengthen the current situation or blow up the market...

Geopolitical situation is at the same level.
Fundamentally and economically, we are interested in Powell's speech at 14:00 GMT. He is expected to give dovish signals regarding monetary policy during his speech.
Technically, gold after a false breakdown is returning to the channel and testing the resistance of the wedge, an important figure in technical analysis. The market feels the struggle for the zone of 2490 - 2500. Local and global trends are still bullish.

Resistance levels: 2500, 2519
Support levels: 2493, 2486

Emphasis on the wedge. The price can stay inside the boundaries as long as it wants, but a break of the resistance may cause an impulse that will send the price northward. Fundamental and technical background is favorable at the moment.

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22 августа 2024 10:57

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22 августа 2024 10:56

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22 августа 2024 10:46

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29 августа 2024 09:16

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28 августа 2024 14:10

👑 Ideas For #XAUUSD / #GOLD

———————————————
GOLD is once again testing the resistance of the 2531 range, but is not able to overcome it yet. At the same time the dollar is forming a flat in anticipation of important news...

“Dovish” expectations of the Fed and persistent geopolitical tensions in the Middle East will continue to support the price of gold. The Israeli army mobilized thousands of soldiers from special units in preparation for a major operation in the northern West Bank.
Despite the bullish sentiment around the gold price, the upcoming Fedspeak could have an impact on the markets.
Technically, the market is in a strong bullish trend, another range is forming and price is confirming its boundaries. Focus on trend support and SMA-200 on H1. If trend support fails to hold the price, gold may reach the lower end of the range, after which it will continue to rise.

Resistance levels: 2517, 2531
Support levels: MA-200, trend, 2501, 2493

As long as the gold is within the ascending channel, we should consider long positions against the support. But if MM decides to lower the price, we should wait for correction to liquidity zones and count on growth from 2486, 2477.

GOLD KING Signals 🤴♻️

27 августа 2024 10:24

Gold in moment😺: +103pips 🔼🔼

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27 августа 2024 09:35

The First Take-Profit has been reached🎯💰: +51pips

GOLD KING Signals 🤴♻️

23 августа 2024 16:59

🚨Move the StopLoss to the Entry point (To the breakeven point)

GOLD KING Signals 🤴♻️

23 августа 2024 15:46

New Signal⚠️
#GOLD Sell📉 at 2499.77

StopLoss❗️: 2503.74

Scalp trading:
Take Profit 1️⃣: at 2495.59
Standart trading:
Take Profit 2️⃣: at 2482.7
Swing trading:
Take Profit 3️⃣: at 2467.61
— — — — —
Be sure to use a stop loss❗️
— — — — —
You can do:
Move the SL to entry after reaching TP1
Move SL on TP1 after reaching TP2
Close part/all of the order at TP1
Close part/all of the order at TP2

GOLD KING Signals 🤴♻️

22 августа 2024 11:10

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22 августа 2024 10:12

🚨Close the order at the entry point (Breakeven)