XAUUSD (GOLD)XAUUSD on 4h time frame we have FVG zone i think FVG will taken and price drop best zone to sell 2050 and best zone to buy 2012
Xau-usd
SELL TRADE SETUP ON XAUUSDHey Traders,
Check this analysis out on XAUUSD. The pair had been ranging for quite some time.
Provided that the price breaks and remains below the support, I will look for a nice short trade.
Keep a close tab on this one.
GOLD - Price can exit wedge, break support level, and fall lowerHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined to $1973 points, thereby breaking $2010 level, which coincided with support area.
But soon, Gold turned around and made strong upward impulse to $2087 points, breaking $2010 and $2065 levels.
Also, price entered to wedge, where later XAU bounced of resistance line and fell to support area breaking $2065 level.
After this, price bounced from support area and rose to resistance line of wedge, but a not long time ago fell to support line.
Now, Gold continues to trades near this line and I expect that price can exit from wedge and make retest.
Then price can fall to support level and break it, after which Gold will continue to decline to $1995
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XAU/USD 12-16 Feb 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bearish
-> Has reached EQ.
Price pulled back following bearish iBOS as per expectation.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
Expectation: Price to target weak internal low.
As per analysis of last week, In the event price continues to trade bullish, which it did, the likely scenario is for price to trade up to strong internal high before continuing bearish internal order flow which remains active.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Expectation remains as H4 analysis dated 09/02/2024, for price to continue to trade bearish to target weak internal low.
H4 Chart:
HelenP. I Gold can correct below trend line and then start riseHi folks today I'm prepared for you Gold analytics. Some days ago price declined to the 2015 support level, but at once rebounded and made a strong impulse to the trend line, breaking the resistance level, which coincided with the 2055 resistance zone. But after this movement, Gold turned around and in a short time declined to the 2055 level and soon broke it, after which it made a retest and then fell to the support level, which coincided with the support zone. After this movement, XAU at once rebounded from the 2015 level and rose to the resistance level, but it didn't fixed and soon declined back to the support level and even later fell lower. Next, the price some time traded near the support level, after which it made an impulse up to the resistance zone, thereby breaking the trend line, and soon turned around and in a short time declined back, making a fake breakout of the 2055 level. A not long time ago XAU rebounded up from the support level and broke the trend line one more time, made a retest, and at the moment continues to trades near this line. For my mind, Gold will correct below the trend line and then rebound up higher. That's why I set my target at the 2040 level. If you like my analytics you may support me with your like/comment ❤️
Buy XAUUSD Triangle PatternThe XAU/USD pair on the M30 timeframe displays a potential buying opportunity due to a recent a symmetrical triangle pattern.
Key Points:
The price has been trading within a symmetrical triangle formation characterized by converging support and resistance lines. This often indicates indecision before a decisive move.
Buy Entry: Consider entering a long position around the current price of 2034, offering an entry point close to the breakout level.
Target Levels: Initial bullish targets lie at the resistance levels of 2052 and 2064, marking previous resistance zones within the triangle.
Stop-Loss: To manage risk, place a stop-loss order below the support line of the broken triangle at 2026. This helps limit potential losses if the price reverses and breaks back down.
Thank you
GOLD - Price can make small correction, and then start to growHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
A few days ago price bounced from resistance line to support line of wedge, breaking $2005 level, which coincided with support area.
Then price turned around and made strong upward impulse to resistance line, breaking $2005 and $2065 levels.
But then Gold bounced and entered to falling channel, where it exited from wedge, broke $2065 level, and continued to fall.
In channel, price declined to support level, after which it turned around and made upward impulse to $2065 level.
Also, XAU exited from channel and a not long time ago it bounced from resistance level and now trades below.
In my mind, Gold can correct to $2015 points, after which it turns around and starts rise to $2050
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XAU/USD 09 Feb 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Expectation remains as H4 analysis dated 07/02/2024, for price to continue to trade bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bullish iBOS where we are now in the pullback phase.
Sub-structure to internal structure, which is marked in red printed bullish iiBOS followed by a bearish iiBOS. Pullback phase currently underway.
Intraday expectation is for price to target weak internal low priced at 2001.895
M15 Chart:
Buy XAUUSD Bullish ChannelThe XAU/USD pair on the M30 timeframe presents a potential buying opportunity due to a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours.
Key Points:
Bullish Channel: The price has been trading within an upward-sloping channel defined by two converging lines: a rising support line and a rising resistance line. This ongoing uptrend signals continued buying pressure.
Buy Entry: Consider entering a long position around the current price of 2036.50, which sits close to the channel support. This could offer an entry point near a potential continuation of the upward move.
Target Levels: Initial bullish targets lie at the resistance levels of 2047.92 and 2054.50, marking previous resistance zones within the channel.
Stop-Loss: To manage risk, place a stop-loss order below the support line of the broken channel, around 2030. This helps limit potential losses if the price reverses and breaks back down.
Thank you
HelenP. I Gold will little rise, and then start to fall to $2025Hi folks today I'm prepared for you Gold analytics. If we look at the chart we can see how the price some days ago declined to the trend line, after which it made a strong impulse up to the 2010 support level, which coincided with the support zone. Soon, Gold broke this level and continued to move up to the resistance zone, which coincided with the resistance level, and in a short time price broke this level and rose to 2090 points. After this, XAU soon turned around and fell below the 2060 level, breaking it one more time, after which the price continued to decline. Price fell almost to the support zone, but soon turned around again and rose to the resistance level. Then the price finally declined to the support zone and at once rebounded and started to rise inside a wedge. In a short time, Gold rose to the resistance line of the wedge, after which it turned around and declined to the support line, which coincided with the trend line. At the moment, price rising and I expect that Gold will rise to 2050 points, after which price turn around and start to decline to the trend line. That's why I set my target at the 2025 level, which coincided near this line. If you like my analytics you may support me with your like/comment ❤️
XAU/USD SELL - 07/02/2024Dear Students,
I trust you're all eager to explore the fascinating world of trading. Today, I want to walk you through the rationale behind a hypothetical sell position in gold in 2051, leveraging a supply zone strategy.
1. Identifying the Historical Supply Zone:
Upon thorough analysis of historical price charts, a prominent supply zone was identified at the price level of 2051. This zone represented a region where sellers historically dominated, creating a robust resistance level that had consistently held over time.
2. Technical Analysis:
The decision to initiate a sell position was heavily influenced by technical indicators. The presence of the supply zone, coupled with other bearish technical signals like overhead resistance, reversal candlestick patterns, or negative momentum indicators, provided a compelling case for a potential downward movement in gold prices.
3. Fundamental Analysis:
Fundamental factors were also considered in conjunction with the technical signals. If economic conditions, central bank policies, or geopolitical events aligned with the technical signals within the supply zone, it bolstered the conviction behind the sell decision.
4. Global Economic Conditions:
Understanding the broader economic landscape was pivotal. Factors such as interest rate decisions, economic indicators, and currency movements that interacted with the supply zone were carefully analyzed to anticipate potential catalysts for a downward price movement.
5. Market Sentiment and Supply Zone Dynamics:
The supply zone wasn't just a technical level; it also resonated with market sentiment. If there were indications of increased selling interest or a shift in sentiment aligning with the supply zone, it added another layer of confidence to the sell decision.
6. Diversification within the Supply Zone:
Initiating the sell position within the supply zone was strategic for portfolio diversification. By entering the market at a historically significant level, the trade aimed not only for potential profits but also to minimize risks associated with potential market reversals.
7. Short-Term Perspective:
This sell position was approached with a short-to-medium-term perspective, anticipating a potential price decline within the context of the identified supply zone.
8. Risk Management within the Supply Zone:
Robust risk management strategies were integral to this hypothetical trade. Setting stop-loss orders and closely monitoring price movements within the supply zone were paramount to control potential losses.
Remember, this discussion is intended for educational purposes, and trading decisions should be based on a comprehensive analysis of both technical and fundamental factors. If you have any questions or would like further clarification, feel free to reach out.
Happy learning,
2/6/24 Gold BuyStopTruth be told, I initially was liking this for a sell order however , technical, momentum, DXY all tell me i should really place a buy order.
I like this entry, I never place pending orders before 0850 EST.
XAU/USD 06 Feb 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Expectation remains as H4 analysis dated 05/02/2024, for price to continue to trade bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bullish iBOS where we are now in the pullback phase.
Sub-structure to internal structure, which is marked in red has now printed a bullish iiBOS.
Intraday expectation is for price to target weak internal high.
M15 Chart:
XAU/USD 05 Feb 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price printed double bullish iBOS to confirm swing pullback phase is complete.
Currently internal structure remains bearish.
Price has once again to reacted to Daily and H4 nested supply levels where we saw a noticeable reaction. Price wicked above high of internal structure but failed to close above.
Expectation remains as H4 analysis dated 04/02/2024, for price to continue to trade bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Sub-Internal: Bullish
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Price has printed a bullish iBOS where we are now in the pullback phase.
Sub-structure to internal structure, which is marked in red has now printed a bearish iiBOS to align with internal bearish order-flow.
Expectation is for price to target weak internal low.
M15 Chart:
XAUUSD H4 Channel PatternThe XAU/USD pair on the H4 chart currently showcases a bearish channel pattern, hinting at potential selling opportunities in the coming days. However, a breakout above the channel could present potential buy opportunities.
Sell Opportunity:
1.A potential sell entry could be considered around the current price as it sits closer to the channel resistance. This allows for some buffer before a potential downward move.
2.Targets for the bear case would be the lower support line of the channel or potentially even lower depending on bearish momentum and confirmation from other technical indicators.
Shifting to Buy:
1.A break above the upper resistance line of the channel would signal a breakdown of the bearish trend, opening up potential buy opportunities.
2.Entry points for buying could be considered just above the broken resistance or on a retest of the broken line.
3.Targets for the bull case would be the previous swing highs within the channel or higher depending on bullish momentum and confirmation from other technical indicators.
Central Bank Decisions:
Federal Reserve (Fed) Meeting and Interest Rate Decision (Jan 31): A hawkish Fed with a large rate hike (75bps+) and strong economic projections could strengthen the USD, potentially putting downward pressure on gold. Conversely, dovish hints or smaller increases could boost its safe-haven appeal.
Bank of England (BoE) Meeting and Interest Rate Decision (Feb 2): A hawkish BoE could also strengthen the USD and weigh on gold. Dovish signals might offer some support.
US Non-Farm Payrolls (Feb 2): A robust US jobs report might reinforce hawkish Fed expectations and weigh on GBP/USD. Conversely, weaker data could dampen USD strength and lend some support to the pound.
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HelenP. I Gold will grow a little, after which start to fallHi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and in a short time declined firstly to the 2055 resistance level, which coincided with the resistance zone. Soon, the price broke this level and made a retest, after which continued to decline to the 2015 support level, which coincided with the support zone, but when the price fell to this level, it at once rebounded and made a strong impulse up to the resistance zone. After this price rose to the trend line and then made from this line lower buer zone strong impulse down. Then price in a short time rose higher than the support level, making a fake breakout and some time trading near this level. Later price bounced from the 2015 support level and rose to the trend line, which soon broke and continued to move up to the resistance level. But a not long time ago Gold rebounded from this level and in a short time declined to trend line back, where it now continues to trades near. I expect that Gold will rise to 2050 points, after which turn around and then start to decline to the trend line. That's why I set my target at the 2025 level. If you like my analytics you may support me with your like/comment ❤️
Gold can fall little more, turn around, and start to move upHello traders, I want share with you my opinion about Gold. Observing the chart, we can see that the price a not long time ago bounced from the support line and made an upward impulse to the resistance line of the pennant, thereby breaking the 2055 resistance level, which coincided with the seller zone. After this movement, Gold rebounded from the resistance line and started to decline to the resistance level, and after it fell, the price exited from the pennant pattern. Next, Gold broke the resistance level one more time and entered to range, where it declined to the 2015 support level, which coincided with the buyer zone with the bottom part. After this, the price started to rise and in a short time rose to the seller zone, but soon turned around and made a downward impulse lower even the buyer zone. Then price soon backed up to the range and some time traded near the support level, after which made a correction to this level and in a short time rose to the resistance level. But a not long time ago price rebounded from this level and started to fall. Now, I think Gold can decline to 2025 points, after which it turns around and starts to move up, therefore I set my target at the 2045 level. Please share this idea with your friends and click Boost 🚀
Buy XAUUSD Channel PatternGold (XAU/USD) might be gearing up for a climb, showcasing a bullish channel pattern on its H1 chart. This pattern suggests a gradual increase in buying pressure, potentially leading to a breakout towards higher prices.
Bullish Channel: The price has been oscillating within a channel with rising support and resistance lines, forming a Shape. This often indicates building buying pressure as the price range narrows.
Buy Entry: Consider entering a long position around the current price of 2023, which offers a potential entry point near the channel support.
Target Levels: Initial bullish targets lie at the resistance levels of 2043 and 2054, marking the upper boundaries of the channel.
Stop-Loss: To manage risk, place a stop-loss order below the channel support at 2013.
Key Points:
Weakening US Dollar: A potential slowdown in US interest rate hikes and concerns about the American economy could weaken the greenback, benefiting gold prices.
Geopolitical Tensions: Rising tensions in various regions like the Middle East and Ukraine could trigger risk aversion, driving investors towards safe-haven assets like gold.
GOLD - Price can little correct and then continue to move upHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Some days ago price declined to support line of triangle from support level, which coincided with support area.
Then Gold made strong upward impulse to resistance level, which coincided with resistance area, breaking $1980 level.
But price turned around and soon fall to $1980 level, after which XAU repeated movement up to resistance area.
Gold made fake breakout and in a short time declined to support line, and also tried to grow again, but failed.
A not long time ago, Gold bounced from this line and started to grow, so I think that price can first make correction to $2030 points.
After correction, price will turn around and continue to move up to $2075 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
HelenP. I Gold can break trend line and then continue to growHi folks today I'm prepared for you Gold analytics. If we look at the chart, we can see how the price not long time ago made an impulse downward from the resistance zone, which coincided with the resistance level to the support level. After this, the price tried to rise, but failed and declined even below the 2020 support level, which coincided with the support zone, but soon XAU turned around and made a strong impulse up to the trend line, breaking the 2050 resistance level again. Next, the price bounced from this line and in a short time declined to 2000 points, thereby breaking 2050 and 2020 levels one more time. After this movement, Gold turned around and rose higher than the support level, breaking the 2020 level again and some time traded near this level. But when XAU made a fake breakout of the trend line it made impulse down to the support zone, and even fell lower, but recently price rose back and now trades close to the support level. I expect that Gold will make a correction to the support level and then rise to the trend line. After this movement, XAU can try to break this line, after which the price will continue to move up. Therefore I set my target at the 2040 level. If you like my analytics you may support me with your like/comment ❤️
GOLD | Jan 23Have entered shorts here as explained in the previous idea. I doubt the full swing to the anticipated area, will be monitoring the price action closely
XAU/USD 22 Jan 2024 Daily Analysis-> Swing: Bullish.
-> Internal: Bearish
-> Has reached EQ.
Price pulled back following bearish iBOS and is reacting to 50% EQ of the internal structure marked in green and daily demand zone.
Price is currently trading within internal high and fractal low.
Expectation: Price to target weak internal low. Current demand zone to be respected.
In the event price continues to trade bullish the likely scenario is for price to trade up to strong internal high before continuing bearish internal order flow.
XAU/USD 19 Jan 2024 Intraday Analysis -> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Following swing BOS price very aggressively pushed to the upside.
Currently price has printed a bearish iBOS where we are now in the pullback phase.
Price has printed a bullish CHoCH which is the first sign (but not confirmation) that internal pullback has initiated. Internal EQ is marked in green.
Expectation is for price to continue bullish and react at M15 and H4 POI's, which it currently is.
Price anticipated to target weak internal low.
