XAUUSD Gold Trading Strategy August 19, 2025:
Gold's range remains narrow, closely monitoring the progress of ceasefire negotiations in Ukraine.
Basic news: Yesterday, August 18, according to Rueter, US President Donald Trump told Ukrainian President Zelenskiy that the United States will support Ukraine's security in any agreement to end Russia's war in Ukraine. Gold reacted quite mildly when no message of real weight was released, and market sentiment was still very hesitant, currently spot gold is trading around $3,335/oz, equivalent to an increase of about $2 on the day.
Technical analysis: Yesterday's bullish pattern of gold is still maintained when gold prices approach our Plan 1 area and increase again. However, the increase is not strong, it is very likely that today the gold price will still maintain a slight fluctuation in the area of 3325 - 3350. When the gold price breaks the pattern, it will fluctuate very strongly, we will continue to wait to buy mainly in the area around 3300.
Important price zones today: 3325 - 3330, 3300 - 3305 and 3345 - 3350.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3328 - 3330
SL 3325
TP 3333 - 3340 - 3360 - 3390.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3370.
Plan 3: SELL STOP XAUUSD zone 3320 - 3322
SL 3325
TP 3317 - 3307 - 3300.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
Gold's range remains narrow, closely monitoring the progress of ceasefire negotiations in Ukraine.
Basic news: Yesterday, August 18, according to Rueter, US President Donald Trump told Ukrainian President Zelenskiy that the United States will support Ukraine's security in any agreement to end Russia's war in Ukraine. Gold reacted quite mildly when no message of real weight was released, and market sentiment was still very hesitant, currently spot gold is trading around $3,335/oz, equivalent to an increase of about $2 on the day.
Technical analysis: Yesterday's bullish pattern of gold is still maintained when gold prices approach our Plan 1 area and increase again. However, the increase is not strong, it is very likely that today the gold price will still maintain a slight fluctuation in the area of 3325 - 3350. When the gold price breaks the pattern, it will fluctuate very strongly, we will continue to wait to buy mainly in the area around 3300.
Important price zones today: 3325 - 3330, 3300 - 3305 and 3345 - 3350.
Today's trading trend: BUY.
Recommended orders:
Plan 1: BUY XAUUSD zone 3328 - 3330
SL 3325
TP 3333 - 3340 - 3360 - 3390.
Plan 2: BUY XAUUSD zone 3300 - 3302
SL 3297
TP 3305 - 3315 - 3335 - 3370.
Plan 3: SELL STOP XAUUSD zone 3320 - 3322
SL 3325
TP 3317 - 3307 - 3300.
Wish you a safe, successful and profitable trading day.🌟🌟🌟🌟🌟
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.