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Xauusdidea

XAUUSD 16/8/2024 Has the Uptrend Started? Yesterday after the PPI news, we saw a strong shakeout and the price came close to the 2nd BUY target zone that I had given and then bounced strongly. But I did not expect such a strong downtrend, so the price zone of 2445 - 2442 did not set a BUY order. Today I expect a correction wave to the 2447 - 2444 zone to complete wave 2 in red and then continue the uptrend according to wave 3. During the price increase according to wave 3, we pay attention to large supply zones such as the 2476 zone, the 2484 zone and the 2500 zone, these are the zones I choose as targets to SELL down Trading plan BUY ZONE: 2447 - 2444 SL: 2437 TP1: 2458 TP2: 2468 TP3: 2476 SELL ZONE: 2484 - 2487 SL: 2494 TP1: 2476 TP2: 2468 TP3: 2458 SELL ZONE: 2497 - 2500 SL: 2507 TP1: 2484 TP2: 2476 TP3: 2468
OANDA:XAUUSDLong
by DEEKOP
What Happen To The Gold 2430 To Retest AgainWhat Happen To The Gold 2430 To Retest Again Yesterday Gold Make A Fake out On Upper Trendline And With CPI Data Release Gold Make It's Move To bearish With Strong Move Of 400 Pips Fall In 4H.And Re Bound From the Daily RBS Zone. So Gold Can Potentially Reach To 2430 To Sweep The Liquidity Or More Down Side. I Would Like To Sell From The First SBR Zone @ 2458 - 2461 Zone. But Is Breck The Zone I Would Sell Again @ 2464- 2467 Zone. But All Are Probabilities Will See What's Happening
OANDA:XAUUSDShort
by Mr_Scalper_117
XAUUSD 15/8/2024 Has the uptrend started? Yesterday's CPI news showed a sharp increase in price when it was announced and then a sharp decrease. This is a move to shake off the sellers so that the price can complete wave C. - The sharp decrease in wave C is still, in my opinion, the final shakeout before the price starts to increase to complete wave 5 I predict that this week the price will likely create a new ATH followed by a further correction. - The wave 4 target I set yesterday has been completed at the price range of 2442 to 2445. With a Buy order at this price range, we have a profit of 100 pips. You can close a part of it and raise the SL to Entry. I have a backup target at 2430 - 2427 we will look at this target if price breaks out 2439 - I see a big supply zone at 2468 - 2471 so I will set a Sell scalp target at this zone - Our main Sell target is the end of wave 5 now I am targeting the first wave 5 target which is 2500. Trading Plan BUY ZONE: 2430 -2427 SL: 2420 TP1: 2439 TP2: 2458 TP3: 2476 SELL ZONE: 2468 - 2471 SL: 2478 TP1: 2458 TP2: 2452 TP3: 2444 SELL ZONE: 2497 - 2500 SL: 2597 TP1: 2484 TP2: 2476 TP3: 2458
OANDA:XAUUSDLong
by DEEKOP
XAUUSD Gold Technical Analysis and Trade Idea👉 🔍 In this video, we take an in-depth look at XAU/USD (Gold). Recently, it broke structure on the daily time frame with a strong bullish move toward previous resistance levels. However, on the 4-hour chart, we're seeing a pattern of lower highs and lower lows, indicating a short-term downward trend. Despite this, the price appears to be holding steady, and I'm monitoring for a potential bullish breakout. If the price breaks resistance and retraces into the 50%-61.8% Fibonacci zone, it could present a buying opportunity. As always, this video is for educational purposes only and should not be considered financial advice. It's important to understand that these insights are speculative and not a guaranteed forecast. Confirm specific price actions before making any trades, as discussed in the video. The analysis covers the current trend, market structure, and price behaviour in detail. Remember, this content is educational and doesn't guarantee success. Trading carries significant risks, so always use strong risk management strategies. 📊✅
FOREXCOM:XAUUSD
by fxtraderanthony
XAUUSD 13/8/2024 Has the Downtrend Started? Yesterday was an unusual bullish day, although we had profit with sell orders, the price increased to the 2476 area, which gave us an extended yellow wave 5, which also means that the black wave 3 has been completed - Currently the price is in the 4th wave correction, we expect a yellow ABC correction and this is an opportunity for us to trade in the direction of wave 5. - Trading plan BUY ZONE: 2442 - 2439 SL: 2432 TP1: 2450 TP2: 2458 TP3: 2469 BUYZONE: 2435 - 2432 SL: 2425 TP1: 2440 TP2: 2450 TP3: 2458 SELL ZONE: 2470 - 2473 SL: 2480 TP1: 2458 TP2: 2450 TP3: 2442 SELL ZONE: 2492 - 2495 SL: 2502 TP1: 2476 TP2: 2469 TP3: 2458
OANDA:XAUUSDLong
by DEEKOP
Start to short goldBrothers, today is Monday, and gold continues to rise to around 2455. In fact, according to the current gold structure, gold is indeed in a bullish structure, but the gold price is still in a slow rise rhythm in the overall rise process, and it is not very firm. So at this time, there is no need for us to continue chasing gold. To be honest, this round of gold rebound is indeed a little beyond my expectations, but according to the current rhythm, we can basically see its top position area, and it should only rebound to the 2470-2475 area at most, and it may not even reach this area. Therefore, when gold shows a rising and short-squeezing trend, short-term pressure may fall at any time. So in terms of trading, we don’t need to follow the trend to go long on gold for the time being. On the contrary, we should now focus on shorting gold. Walk ahead of most people and make more profits! 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. !
OANDA:XAUUSDShort
by alongwineer
1
2460 WILL PROBABALY HIT IN NEXT WEEK 2460 WILL PROBABALY HIT IN NEXT WEEK As The View Of The Simple Price Action I Can See That Gold Need To Touch 2460 First Before Decide The Further Direction Move. As The Pattern That Has Formed Is A Bullish Trend Pattern (Bullish Pennant) This Pennant Must Breck To the Up side. And After Conformed Pullback maybe A Good Buy Opportunity. But If Price Couldn't Breck The Upper Trendline Gold Will Fall Again Back To 2410 Zone At Least. Will See On Next Week What Will Happen And Fore More LTF Analyze Wait Till Market Move First Next Monday. Also Wait For More Updates On Elliot Wave And Simple And Quick Price Action Analyze
EIGHTCAP:XAUUSDLong
by Mr_Scalper_117
XAU/USD 12 August 2024 Intraday AnalysisH4 Analysis: Analysis/Bias remains the same as yesterdays analysis dated 11 August 2024 -> Swing: Bullish. -> Internal: Bullish. Following price printing bullish BOS price pulled back to discount of 50% EQ before targeting weak internal high. As previously mentioned, bullish momentum and pro swing/internal structure was unable to break and close above weak internal high, which could be an early indication that bearish pullback phase is incomplete and price will seek further liquidity before targeting weak internal high. This is what price printed according to my analysis. Intraday expectation: Price has reacted at an H4 demand level, therefore, price to target weak internal high. H4 Chart: M15 Analysis: I will keep my analysis/bias the same as dated 06 August 2024 in order to demonstrate alternative scenario and how the HTF's will always hold more weight over LTF's. -> Swing: Bullish. -> Internal: Bearish. Yesterday's intraday expectation was met, assisted by dovish US economic news. Price has printed a further bearish iBOS followed by a bullish CHoCH indicating bullish pullback phase initiation. Indication of pullback initiation started by reaction at H4 demand level. Price is currently hovering around 50% EQ printing low volume rangebound price action. Intraday expectation: Price to react at premium of 50% internal EQ or M15 supply zone before targeting weak internal low. Alternative scenario: Whilst intraday expectation is technically correct, we need to bear in mind that internal H4 structure is bullish with bearish pullback phase currently underway and could potentially be complete after reacting at H4 demand level. M15 Chart:
OANDA:XAUUSD
by Khan_YIK
XAUUSD 12/8/2024 Is the bullish wave over?Looking at H1, we see that the 5-wave bullish structure is completing. Wave 4 has now completed and the price is continuing to complete wave 5 - Measuring the target of wave 5, we have 2 targets to pay attention to, the first is the 2435 zone and the second is the 2455 zone - Currently, the price has reached the target zone of 2435. Looking at the momentum indicator, we see that the price is preparing to reverse at the oversold zone, so we wait for the price to recover. There will be 2 cases - Case 1: The price does not break through the 2435 zone, so we will enter a Sell order in this area - Case 2: The price breaks through 2435, so the next target will be the 2455 zone Personally, I am leaning towards the 2455 price zone, which will be the price zone where I set the SELL target Trading plan: BUY ZONE: 2422 - 2419 SL: 2402 TP1: 2435 TP2: 2440 TP3: 2447 SELL ZONE: 2455 - 2458 SL: 2465 TP1: 2447 TP2: 2435 TP3: 2428
OANDA:XAUUSDLong
by DEEKOP