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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2616

StopLoss❗️: 2612

Scalp trading:
Take Profit 1️⃣: at 2620
Standart trading:
Take Profit 2️⃣: at 2638
Swing trading:
Take Profit 3️⃣: at 2653

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 The shakeup after the rate cuts... What's next?
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GOLD updates high to 2600 and then experiences a shakeout. Traders held the 2550 area and are currently trying to recover losses by testing the upper end of the range…

The Fed announced a 0.5% rate cut, bringing the interest rate to a range of 4.75%-5.0%. Why 0.5 and not 0.25? The Fed chief said that 0.25 poses threats to the economy that can no longer be allowed to...
The gold price failed to capitalize on the sharp Fed rate cut, updating the ATH to 2600 the price headed down to the 2560 - 2550 liquidity zones. Traders are waiting for data on jobless claims and existing home sales to assess the state of the economy as a whole, the news may set the course for a correction or strengthen the general background, which will affect further growth
Technically, the price approached the resistance rather quickly, which increases the chances of a bounce or a false breakout. The focus is on 2588- 2585. If the bears hold this area, the price may decline to the area of interest before rising.

Resistance levels: 2585, 2588, 2600
Support levels: 2566, 2559, 2550

The overall bullish market structure is clearly visible on D1. Traders, after the rate cuts, need to take a breath and wait for additional confirming signs.... For today, the focus is on the trading range indicated on the chart...
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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Lower interest rates are ahead. A stalemate... ↑↓
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GOLD is consolidating between 2588 - 2562. But, buyers are not yet out of the game in the hope of continued growth. Then everything depends on the Fed. Welcome to the casino :)

At 18:30 the FOMC & FED will meet to decide whether to cut rates. 0.25% or 0.5%. A 0.5% Fed rate cut could send a mixed signal about the state of the US economy: the Fed's concern about the economy, and that a “soft landing” may not turn out to be so soft, but it would be a strong bullrun signal for gold. A weaker policy, could provoke an unpredictable reaction, which would temporarily disappoint investors. In such a case, a correction to 2550-2525-2500 may form (price may bounce from any zone shown on the chart) before a further global rally, as the general tone of the market is set by the global Central Bank's interest rate cuts.

Resistance levels: 2575, 2588, 2600, ...
Support levels: 2561, 2550, 2530

It is difficult to say about expectations, as the uncertainty is high due to the fact that the overall situation is stalemate, either this way or that way. I recommend to refrain from trading on the news and wait for the volatility to decrease. The trading range for today is very wide....

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2576

StopLoss❗️: 2572

Scalp trading:
Take Profit 1️⃣: at 2580
Standart trading:
Take Profit 2️⃣: at 2588
Swing trading:
Take Profit 3️⃣: at 2603

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GOLD KING Signals 🤴♻️

#GOLD Sell📉 at 2576

StopLoss❗️: 2580

Scalp trading:
Take Profit 1️⃣: at 2572
Standart trading:
Take Profit 2️⃣: at 2560
Swing trading:
Take Profit 3️⃣: at 2550

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GOLD KING Signals 🤴♻️

Сlose at Breakеven✔️

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GOLD KING Signals 🤴♻️

#GOLD Sell📉 at 2588

StopLoss❗️: 2592

Scalp trading:
Take Profit 1️⃣: at 2584
Standart trading:
Take Profit 2️⃣: at 2576
Swing trading:
Take Profit 3️⃣: at 2560

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GOLD KING Signals 🤴♻️

The Third Take-Profit has been reached🎯💰: +320pips

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GOLD KING Signals 🤴♻️

Gold in moment😼: +194pips

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2578

StopLoss❗️: 2574

Scalp trading:
Take Profit 1️⃣: at 2583
Standart trading:
Take Profit 2️⃣: at 2588
Swing trading:
Take Profit 3️⃣: at 2606

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2574

StopLoss❗️: 2570

Scalp trading:
Take Profit 1️⃣: at 2580
Standart trading:
Take Profit 2️⃣: at 2588
Swing trading:
Take Profit 3️⃣: at 2606

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

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GOLD KING Signals 🤴♻️

All eyes are on the US Federal Reserve meeting today. What you need to know?

📈 Predictions:
64% - down 0.5%
36% - down 0.25%.
The market reaction may be ambiguous: such an important event was preceded by “euphoric growth” of the markets. There is every reason to believe that the decline is already fully embedded in the price and the “Sell the news” scenario is waiting for us .

Important: Many “experts” are too optimistic in their forecasts. A rate cut does not guarantee immediate and sustained growth, especially with a 0.5% cut. It is more likely to be a cause for serious economic concern....

Moreover, historically, such periods have often coincided with localized tops. In the last two major rate cut cycles, the S&P 500 lost up to 50%, but that didn't happen overnight either. Be on the lookout.

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GOLD KING Signals 🤴♻️

Gold in moment😺: +21pips

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GOLD KING Signals 🤴♻️

🚨Close the order at the entry point (Breakeven)

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GOLD KING Signals 🤴♻️

👑 Ideas For #XAUUSD / #GOLD
📈 Is it worth going up against knives? No trading history
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GOLD is consolidating after a rally - a positive sign of an interested buyer. The focus is on the resistance at 2589, as well as on the lower boundary of consolidation ahead of the data on retail prices

In the short (mid) term, gold may form a small correction before a further rally, which will be triggered by lower interest rates. BUT! A 0.5% decline will be a strong signal for the dollar to fall and gold to rise, but a 0.25 decline will be partly disappointing information for investors who may react rather unpredictably (if there is a negative market reaction, it will be short-term as the overall tone of the markets is set by the actual rate cut cycle).
Later today, the US retail sales report will be released, which may give a short-term impact in the market before the main event of September, tomorrow....

Resistance levels: 2588, 2600, 2615, 2625
Support levels: 2575, 2563, 2500

At the moment it is possible to trade from the borders of the consolidation range. But high volatility on the background of news can provoke a breakout of this or that border. Accordingly, the resistance breakthrough may cause the continuation of the rally to 2610-2625. Break of support will send the price to liquidity zones before further growth

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GOLD KING Signals 🤴♻️

Gold in moment😺: +21pips

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GOLD KING Signals 🤴♻️

#GOLD Buy📈 at 2580

StopLoss❗️: 2576

Scalp trading:
Take Profit 1️⃣: at 2585
Standart trading:
Take Profit 2️⃣: at 2595
Swing trading:
Take Profit 3️⃣: at 2620

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GOLD KING Signals 🤴♻️

Gold in moment😻: +290pips

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GOLD KING Signals 🤴♻️

The Second Take-Profit has been reached🎯💰: +138pips

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