Xauusdidea
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.
XAU/USD "GOLD" Robbery plan to steal the gold in long SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/USD "GOLD" Mines based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
XAUUSD 9/2/2024 price continues to decrease?
Looking at H1, we see a sharp decline on Friday last week to the 2494 area, signaling that this is wave 3 in the red 5-wave trend above.
- According to the 5-wave structure, the price is currently completing wave 4 and then the price will continue to move in a downward trend to complete wave 5. The target is measured for wave 4 at the price range of 3507 - 2510, this will be our SELL target price range.
- After reaching the target of wave 4, the price continues to move to complete the target of wave 5. Then we measure the target of wave 5 at the range of 2487 - 2484, this is our BUY target price range.
Trading Plan
SELL ZONE: 2507 - 2510
SL: 2517
TP1: 2499
TP2: 2493
TP3: 2487
BUY ZONE: 2487 -2484
SL: 2477
TP1: 2494
TP2: 2499
TP3: 2509
XAUUSD:Bullish resistance 2513-2527
This week features a significant amount of data with substantial impact, which is likely to lead to considerable market volatility. This presents both risks and opportunities—if managed well, doubling profits is achievable.
In Monday’s gold trading, start by taking long positions since the market is still consolidating within a flag pattern and has not broken below the support near 2488. Focus on the resistance levels at 2509-2515 and then around 2527. This resistance level is well-known and has been tested four times without an effective breakout, so it’s prudent to trade within this range for now.
Given the recent instability in the broader environment, there’s potential for gold bulls, but this assumes further deterioration in the situation. If the market remains indecisive, bulls may lack the strength to drive a significant rally. From a mid-term perspective, I personally believe that selling at higher levels may be more favorable.
Gold reversal zone. Selling with a correction Gold reversal zone. Selling with a correction
The situation in the gold market is currently at a level of heightened investor interest due to several factors: global economic uncertainty, inflation risks and political instability. Gold prices are showing steady growth and remain at high levels due to its status as a safe-haven asset. Central banks of some countries continue to accumulate gold in their reserves, which also supports its value. At the same time, rising interest rates may put pressure on the prices of gold assets, as investors may prefer higher yielding instruments. Analyzing changes in economic indicators and geopolitical situation becomes important for predicting further movement of gold prices.
Continue to hold a bulls in the 2515-2516 areaBrothers, although gold once rebounded to around 2526, I explained six reasons in my private domain that gold cannot be shorted, and gold may challenge the previous high again or even set a new high. So I refused to short gold.
Gold once retreated to around 2515, brothers! Although I did not short gold, it is obvious that I seized the opportunity to go long on gold in the 2515-2516 area!
I cannot guarantee that gold will reach a new high, but I think gold will challenge the resistance in the 2525-2530 area at least once. Once it breaks through this resistance area, gold may continue to rise and touch the 2540-2550 area. So I still hold my long position now, let us look forward to the performance of gold together!
I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
XAUUSD:Flag pattern consolidation, watch for the breakout direct
Gold continues to fluctuate at high levels. Keep an eye on the resistance. If it breaks through, we could see a significant rally next week. If it fails to break through, you can continue trading within the 2480-2520 range until the market decides on a direction.
If the support is broken, the next low could appear below 2450. If the resistance is broken, the high has a chance of reaching the 2543-2558 range.
XAUUSD: Price will likely to continue rising up towards 2558$! Dear Traders,
Price is likely to continue rising up towards 2558$ as price has been consolidating since last few days. Sellers tried to take the price down but they failed to do it so and it reversed back from our previous buying entry point. We will having big news in coming days which will likely to shape the market and trend. Good luck.
Breaking the main level for correctionBreaking the main level for correction
At the moment, the gold market is characterized by increased investor interest due to global economic uncertainty, inflation risks and geopolitical factors. Gold prices remain high as it is traditionally seen as a safe haven in volatile times. In addition, currency fluctuations and changes in central banks' monetary policies are also impacting the market. Investors are actively monitoring economic data to forecast further movement in gold prices.
Strategic Gold Plays: Maverick-Rabbit Precision in Key PatternsBased on your archetype, a combination of the Bold Maverick and the Analytical Rabbit, you have a natural tendency to take calculated risks while also ensuring that those risks are backed by thorough analysis. This hybrid nature likely drives you to engage in trades that have high potential rewards, but only when they meet specific analytical criteria.
Chart Analysis and Coaching on Your Positions
Overview:
Context: This is a 15-minute chart of XAUUSD (Gold vs. USD).
Structure: The chart shows a clear bullish trend with higher highs and higher lows. There are multiple channel formations, liquidity zones (LQZ), and key levels identified (including a 4H Over Ride/LQZ level).
1. Position Analysis:
First Entry - Inside the Ascending Channel:
Entry Reasoning: You likely identified the ascending channel as a bullish continuation pattern and entered within it.
Archetype Reflection: As a Bold Maverick, you're comfortable entering before a full breakout, assuming the trend continuation. However, as an Analytical Rabbit, you probably also considered the channel support before entry.
Coaching: This entry aligns with your dual archetype. You took the position inside the channel, expecting price to continue its upward momentum. However, consider tightening your stop loss in case of a fake breakout to protect your position.
Second Entry - Near the LQZ:
Entry Reasoning: You likely saw price approaching the Liquidity Zone (LQZ), expecting a bounce or reaction at this level.
Archetype Reflection: Analytical Rabbits love analyzing levels like LQZ, while Bold Mavericks might anticipate a reaction before confirmation.
Coaching: Good job recognizing the importance of the LQZ. You probably set a trailing stop to capture profit while letting the trade run. Just be cautious with overconfidence—always have a plan if the price moves against you.
Third Entry - At the 4H Over Ride / LQZ level:
Entry Reasoning: This level is crucial as it represents a 4H Liquidity Zone (LQZ), a significant potential reversal point.
Archetype Reflection: This is a classic Bold Maverick move—anticipating a strong reaction at a higher timeframe LQZ. The Analytical Rabbit side of you likely analyzed the 4H timeframe and identified this as a high-probability zone.
Coaching: This is an aggressive yet well-informed entry. Ensure your stop loss is adjusted to below the LQZ to minimize risk in case the market turns against your position.
2. Trailing Stop Loss (SL) Usage:
Position: You’ve used trailing stop losses, which is a smart move, especially given the bold yet analytical approach.
Coaching: Trailing stops can help lock in profits as the price moves in your favor. Ensure that the trailing distance is neither too tight (to avoid premature exit) nor too wide (to protect against significant pullbacks). This aligns with the Analytical Rabbit’s cautious nature.
3. Key Levels and Patterns:
Ascending Channel: The price is respecting the channel boundaries, which validates your initial entries.
LQZ & 4H Override: Price has shown reactions at these levels, indicating they are well-chosen.
4. Risk Management:
Balance Between Risk and Reward: Your trading strategy seems to balance the Bold Maverick’s appetite for risk with the Analytical Rabbit’s focus on minimizing unnecessary exposure.
Coaching: Given your dual archetype, keep refining your entry and exit points. Use the rule of three (waiting for confirmation after three touches on key levels) to align with your analytical side.
Conclusion:
Your trading approach is a robust mix of intuition and analysis. You're combining bold entries with a solid understanding of market structure. Continue to refine your strategy, especially in the context of multi-timeframe analysis and liquidity zones, to maximize your trading effectiveness. Make sure to always have an exit strategy and avoid letting the Maverick side take over without sufficient backing from the Rabbit’s analysis.
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold prices surged on Friday as the US Dollar and Treasury bond yields tumbled, driven by dovish comments from Federal Reserve Chair Jerome Powell. With the Fed signalling a policy shift and acknowledging that inflation is nearing the 2% target, the focus has turned towards achieving maximum employment. This backdrop has sparked renewed interest in gold among Western investors, especially as expected interest rate cuts could reduce the opportunity cost of holding the precious metal.
In this video, we analyze the current market dynamics, showing why gold may not be overbought and why there’s potential for continued upward momentum. The CME FedWatch Tool indicates a 25 bps rate cut is fully priced in, with rising odds for a larger cut. We’ll dive into both the technical charts and fundamental factors that favor higher gold prices in the coming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,495 zone. This could be a make-or-break point. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#Gold #XAUUSD #Forex #FederalReserve #InterestRates #Inflation #TradingStrategy #MarketAnalysis #TechnicalAnalysis #Investing #ForexTrading #JacksonHole #Investment #TradingStrategy #FXTrading📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAUUSD 8/29/2024 Is the uptrend over?
Yesterday as predicted, wave C was completed with very strong selling pressure, we did not reach the target of the first BUY zone, but at the second BUY zone, we had a big win of 210 pips, congratulations to all of us.
Currently, the uptrend is still dominant. Looking at the current trend, we expect a 5-wave structure as shown on the chart. Besides, there is still the possibility of an ABC correction structure.
- We have the price zone 2510.7 as a confirmation point, if the price closes above 2510.7, then we are in a 5-wave uptrend. If the price closes below 2510.7, then this increase is just an ABC correction and then the price continues to decrease when the structure is completed.
- My current view is leaning towards a 5-wave bullish structure because I am expecting wave C to reach its target at 2493.7 and then a 5-wave structure will follow, then we have wave 5 target at 2536 - 2539, this is the first target and this is also the target area for us to SELL
- If the current structure is an ABC correction structure, then we have wave C target at 2487 - 2484, this will be our BUY target
- In addition, we have a large demand concentration area at 2509 - 2506, so this is also a target area for us to BUY SCALP
Trading plan
BUY SCALP ZONE: 2509 - 2506
SL: 2499
TP1: 2518
TP2: 2524
TP3: 2531 BUY ZONE: 2487 - 2484 SL: 2477 TP1: 2499 TP2: 2506 TP3: 2531 SELL ZONE: 2536 - 2539 SL: 2546 TP1: 2531 TP2: 2524 TP3: 2509
XAUUSD Asia- Long Opportunity 1:5 RRGood Morning Asia,
This morning, I'm anticipating a long from 2510.50 towards a prior imbalance at 2510.10. I'll be waiting for a 1 mins entry confirmation if price pulls back towards my entry zone. Price is currently in a bullish cycle on the 15mins and 30mins.
It is important to note that the H1 timeframe still seems to be in a bearish cycle (see chart-shot below) with the final more aggressive phase of the cycle still pending. I see price building up liquidity at the moment before the final expansion to the downside potentially later today.
Happy Trading.
XAUUSD:It could break through 2530
The price continues to fluctuate within the resistance zone. Looking at the 4-hour chart, both the indicators and the current pattern favor the bulls. If the price doesn’t break below the 2517-2511 area before tomorrow’s New York session, we can expect an upward move.
At the same time, the DXY is starting to show signs of forming a bottom, the likelihood of it moving in the same direction as gold is low. Once the DXY successfully bottoms out (which I expect to happen around the 99.5-99 level), it will likely mark the medium-term top for gold. At that point, the trading strategy should focus on selling at high levels.
XAUUSD: Short, target 2463-2452
Gold is fluctuating within the 2508-2519 resistance range, and indicators are starting to show weakness. A pullback is expected next week, and a second test of the resistance near 2519 cannot be ruled out. From the overall trend perspective, I lean towards the likelihood that it won’t break through, leading to a significant drop. The first major support during the decline is around 2500, followed by 2488-2477, and finally around 2452.
If strong resistance is encountered near 2520 and it fails to break through, a double top pattern could form, making a drop to around 2452 highly likely. Therefore, in next week’s trading, focus on observing the resistance and prioritize short positions.
The range of the fall increasesThe range of the fall increases
At the moment, the gold market is showing significant attention from investors amid geopolitical instability and inflation risks. Gold prices remain high as investors seek protection from potential economic downturns and uncertainty in the financial system. In addition, rising interest rates in the US could put pressure on the desired price level, leading to some volatility in the market. Analyzing data from fundamental analysis such as unemployment rates, GDP and inflation forecasts can help investors make more informed gold trading decisions.
XAUUSD: Bullish move has not yet finished! More Growth to come! OANDA:XAUUSD
Our last idea is going well and we still expect price to continue growing until it reaches our final; take profit area. However, we think that price is likely to do a small correction in two hours timeframe, after that we can see a continuous bullish move which will likely to take the price to another record high .
goodluck and trade safe!
Missed the Gold Drop? Re-Entry Strategy After Key RejectionOverview: The provided XAU/USD charts show a market structure that's testing key liquidity zones (LQZ) and possibly forming reversal patterns. Your trading archetype, a mix of Bold Maverick and Analytical Rabbit, suggests that you likely lean towards taking calculated risks but need confirmation before executing trades. This archetype blend requires balancing decisive action with thorough analysis, especially when you miss an initial trade idea.
1. Multi-Time Frame Analysis:
4H Chart:
The price reached a significant resistance at the 4H LQZ around 2531.595, forming a double top structure within a descending channel. This zone is a potential area for strong reversals.
The recent rejection at this resistance indicates a potential shift in market sentiment from bullish to bearish.
1H Chart:
There's a descending channel visible, suggesting a bearish trend in play. Price is currently at a 1H LQZ around 2494.550, which has acted as support in the past.
The rejection at the upper boundary of the descending channel aligns with a confluence at the 4H resistance, enhancing the likelihood of a reversal.
The current price action is consolidating around this 1H LQZ, indicating potential for either a bounce or a further decline.
15M Chart:
Shows a recent sharp decline from the 4H LQZ, confirming the bearish momentum. The price is currently hovering around a minor support within the larger 1H LQZ.
The rejection from the 4H resistance, coupled with the bearish momentum on this lower timeframe, reinforces the potential for further downside.
2. The Rule of Three & Patterns Within Patterns:
The "Rule of Three" indicates that after three touches to a support/resistance level, a breakout is more likely. The charts show multiple touches on both the descending trendline and support level, suggesting an imminent breakout or breakdown.
The structure seen in these charts is a descending channel within a larger potential double top, a clear example of "patterns within patterns." This amplifies the probability of a significant reversal.
3. Entry Types and Missed Opportunity:
Since you missed the initial trade, you could look for:
Reduced Risk Entry:
Wait for a pullback to the LQZ after a confirmed breakout below the current 1H LQZ. You could then enter a short position, targeting a lower liquidity zone or the next support level.
This approach is less aggressive and aligns with your analytical nature.
Re-Entry Strategy:
If the price revisits the 4H LQZ and shows signs of rejection again (like a bearish engulfing pattern or strong wick rejections), this could offer a new entry point for shorts.
4. Psychological Coaching:
As a Bold Maverick, it's essential to stay disciplined and not chase the trade you missed. Instead, analyze the market's next move:
Mass Psychology:
Recognize that other traders might also be reacting to the missed opportunity, leading to a possible pullback (which you can capitalize on).
Stay focused on your strategy and avoid the temptation to overtrade or enter prematurely out of frustration.
Final Thoughts:
Given the charts' current state, patience is crucial. Wait for the market to present a clear re-entry opportunity that aligns with your mix of risk-taking and analysis. Watch for a strong, confirmed break below the 1H LQZ or a pullback to the 4H LQZ with a bearish confirmation before entering your next trade.