GOLD READY FOR BULLS NOW!!!!HELLO FRIENDS
As i can see technically gold is holding above 2K level and just tested the trend line it is the best price for big boys to fill more bags of for a big bull run as we all know its safe haven around the world war escalating more and more today a new air strike from US to Yemen Houties and Iran also had targets on Pakistan boards .... Friends i think so its a good entry point if we see the fundamental situation around the world and elections in US so soon no rate Cuts going to happen our risk and reward ratio is gr8 its just an trade idea share your thoughts with us it help many other traders
Goldstrategy
Looking to break fast highWe're looking for Gold to push up heights from Friday December 29th 2023 (7am EST) which was the short term latest high and we are looking for the candle to close above that area. The previous time during Friday failed to break that area despite multiple attempts to break on a 30m. I am looking for a close over our zone which is currently acting as a resistance area and as a confirmation i would like price to close above 2068.85. Very short term trade to potentially target 2070.74
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.
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 (XAUUSD): Time For Pullback 🥇
Gold is currently testing a strong daily horizontal resistance cluster.
The price was nicely rejected from that on a 4H and formed a double top pattern.
The neckline of the pattern was violated with a huge bearish imbalance.
I anticipate a pullback to 1985 / 1972
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GOLD WEEKLY CHART MID/LONG TERM PROJECTION UPDATEHey Everyone,
This is an update on our weekly chart idea that we have been tracking and trading for a number of months now.
Please see last update below to keep with the flow of the setup.
We stated last week that we are on track with the long term plans on this chart idea. However the detachment below still pending and as such need to keep this in mind when buying dips this coming week.
- This played out as analysed, as we saw price come down to attach to ema5. We will now assess this in the coming week for dynamic suport from this ema5 attachment.
WE GOT THE DETACHMENT AND THEN THE BOUNCE AS SUGGESTED LAST WEEK AND NOW TESTING THE CHANNEL ENTRY - This is crucial test on the weekly chart. We will either see a rejection here and a failure to break into the channel or a break into the channel to complete the last targets in this range.
We need to keep the above in mind and continue with our plans to buy dips, which will allow us to safely take the bounces from support.
Please don't forget to like, comment and follow to support us, we really appreciate it!
Have a great weekend all!
MR GOLD
XAUUSD Top-dwon 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.
THE KOG REPORT UPDATE:End of day update from us here at KOG:
We got the scalps to the upside but that short worked a treat, straight into Excalibur as well as completing the bias level. TAP AND BOUNCE was 30-50pips to the upside so far but we would suggest caution, a retest late session or Asia session could be on the cards. For that reason, we would say support 1947-45 as an extended move with resistance now above at the 1965-70 level which will need to break for us to go higher. 1950-55 order region is really important now, they could hover here and range until tomorrow simply accumulating orders, so level to level please.
From Camelot this morning:
Pair: Date: Timeframe:
XAUUSD 08/11/23 1H
Support: 1965 / 1962 / 1955 / 1952 / 1950
Resistance: 1970 / 1973 / 1978 / 1982 / 1988
Price: 1966
KOG’s Bias for the day:
Bearish below 1978 with targets below 1955
Bullish on break of 1978 with targets above 1988
As always, trade safe.
KOG
GOLD 4H CHART UPDATED LEVELS & TARGETSHey Everyone,
Please see update on our 4h chart idea, which we have been tracking and trading successfully with updated levels and targets for the coming week.
We had the weighted resistance at 1980 break and lock on the 4H chart opening 1995 and 2017. 1995 was HIT perfectly last week with 2017 now outstanding.
EMA5 cross above 1995 will solidify the confirmation for 2017. 1980 is now support and may act as the new correctional retracement level. A break below 1980 will open the previous retracement range at 1960 - 1944 correctional retest zone.
A break below the retracement range will see a test to the swing range for a bounce and a failure to lock below the retracement range will see a bounce up from this level.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and the catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before, each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week from the past 18 months, you can see how effectively they were used to trade with or against short mid term swings and trends.
EMA5 CROSS AND LOCK ABOVE 1980 WILL OPEN THE FOLLOWING BULLISH TARGET
1995
2017
EMA5 CROSS AND LOCK ABOVE 2017 WILL OPEN 2032 AND 2047
BEARISH TARGETS
1980
EMA5 CROSS BELOW 1980 WILL OPEN 1960 AND 1944
EMA5 CROSS AND LOCK BELOW 1944 WILL OPEN THE SWING RANGE
SWING RANGE
1906
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
GOLD (XAUUSD): Multiple Time Frame Analysis & Trading Plan 🥇
Gold closed, respecting a key horizontal daily resistance.
Analyzing a 4H time frame, I have spotted a rising wedge pattern.
Its support breakout can be an important sign of strength of the sellers.
Candle close below may initiate a correctional movement on the market.
Bearish movement will be anticipated to 1954 then.
Alternatively, a bullish breakout of the underlined red structure on a daily
will trigger a further bullish continuation.
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XAU daily (1D) chart overviewXAU daily view. 1950 key important level. We are out of descending channel, but still new BOS is not formed. Price is still doing LH and LL. If 1950 is broken and price confirms above, we will have new HH. If price cannot brake 1950 - will be looking for shorts. Liquidity was swept and that’s a good sign for shorts. If it brakes and retest 1950 forming resistance to support - will be looking for longs. Fundamentals like war, feds decision not to hike rates may lead to a vey bullish moves.
GOLD (XAUUSD): Detailed Technical Outlook For Next Week 🧈
What a crazy bullish move initiated on Gold on Friday, following the escalation
of a conflict in the Middle East.
I believe that the market will most likely keep growing next week.
So far, our closest key resistance is 1942 - 1953 area,
that structure will most likely be tested.
Moreover, we may see the breakout attempt of that.
In case of a daily candle close above, a bullish movement will be anticipated to 1971 level.
I will monitor the charts and share with you the updates.
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GOLD (XAUUSD): Bearish Outlook After CPI 🥇
Gold reached an important horizontal daily resistance.
Approaching that the price violated a support of the rising wedge pattern
on an hourly time frame after a CPI release.
I expect a bearish movement to a support line of a rising channel now.
Its bearish breakout, will push the prices even lower.
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XAUUSD entry opportunity on gap filled!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.
XAUUSD Trade Ideas 26/9/23 I Missed the huge sells good evening gold gang!! Hope you all had a great day and learned a thing or 2 on the gold chart with me.
Unfortunately, the sells were missed by myself as i couldnt quite get the entry i was looking for .. however .. the analysis was spot on. To the tee! .. HTF direction followed and price stopped just before the algo level. Well done if you got in
Still bearish on the higher time frame overall .. DXY pumping away also .. so moving into the next session it will most likely make its way up for some liquidity, so ive marked on there reversals from the algo.
coming into london and NY im expecting price to continue the trend down so i will be looking for sells around the top box marked on the charts or even continuation sells below once the daily zone is cleared.
I just want to say i had a comment today saying my "retail" strategy is wrong and this person will be countering my trades as he is an institutional trader ... let me say something quick to everyone
WE ARE ALL RETAIL TRADERS ... just because you watched one ICT video where he says anyone other than him is retail aka not as good as him. There are hundreds of different strategies out there and we all lead to the same point .. right or wrong.
The strategies arnt better or worse than eachothers .. its the individual trader that makes the decision at the end of the day. Please dont fall into the marketing politics in this industry .. just trade and manage risk well. Thats all it takes
with that being said ..
follow me! im a real guy from england with real experiences to share
catch you in london
tommy XAU
GOLD (XAUUSD): Important Key Levels to Watch 🥇
Here is my latest structure analysis for Gold.
Resistance 1: 1946 - 1953 area
Resistance 2: 1965 - 1972 area
Support 1: 1900 - 1908 area
Support 2: 1884 - 1889 area
Consider these structures for pullback / breakout trading.
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GOLD (XAUUSD): Important Key Levels to Watch Ahead of FED 🥇
Here is my latest structure analysis for Gold ahead of FOMC.
Structure Resistances
Horizontal Supply Zone 1: Contracting area based on a falling trend line
and a horizontal resistance.
Horizontal Resistance 1: 1946 - 1952 area
Horizontal Resistance 2: 1965 - 1972 area
Structure Supports
Horizontal Support 1: 1901 - 1908 area
Horizontal Support 2: 1884 - 1889 area
Consider these structure for pullback/breakout trading.
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