Xauusdlong
XAUUSD Trade LogXAUUSD Buy Signal:
Entry within the daily Fair Value Gap (FVG), aiming for a 1:3 Risk-Reward Ratio (RRR) with 1% risk. While there is a conflicting bearish FVG that might obstruct the path to the take-profit (TP) level, the trade setup remains valid and will be executed regardless.
Key Details:
- Risk: 1%
- RRR: 1:3
- Entry: Daily FVG in a discounted zone
- TP: Positioned below the bearish FVG to mitigate resistance
- Note: Monitor price action near the bearish FVG as it may create challenges for the bullish move.
Gold fluctuates within a range, how to operate?On the disk, the price bottomed out and rebounded to 2652 on Monday, and broke the high to 2655 on Tuesday. Although new highs continue to be reached, the actual increase is not large. On the daily line, yesterday closed with a cross Yang, and closed at 2643 at the end of the day. The downward momentum of the cycle indicator has slowed down with the stabilization of the support of 2633, and there is room for rebound on the daily line. In terms of 4 hours, the gold price was under pressure from the high of 2655 overnight, and the lowest reached 2635. The real price did not break the short-term moving average support, and the other moving averages of each cycle maintained a short position arrangement. The short-term indicators also started to explore downward, so there is still a risk of a decline in the 4-hour aspect. In short, while the new high is refreshed, it will also be the beginning of the layout of short orders.
In terms of intraday operation, it is recommended to focus on high altitude and supplement by low and long positions. For the lower support, pay attention to the 2633 area, which is the short-term 10-day moving average of the daily line. You can try to participate in long orders. If it is broken by the bears, pay attention to the 4-hour Bollinger Band lower track 2620. As for the upper resistance, pay attention to the 2666 area and participate in short orders, and focus on the 2675-2680 area, and start to arrange short orders.
XAU sideway is about to end! Scalping BUY 2634SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) faces selling pressure after briefly rising to the $2,650 resistance zone, reaching a new daily low during the early European session on Wednesday. Despite this, the metal continues to trade within its established range from the past week, as traders remain cautious ahead of Federal Reserve (Fed) Chair Jerome Powell's speech. Market participants are seeking insights into the Fed's rate-cut outlook, which could influence US Dollar (USD) demand and shape the next significant move for gold.
⭐️Personal comments NOVA:
Scalping BUY price range before ADP-NF news was announced ( 2634 - 2632 )
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2634 - $2632 SL $2629 scalping
TP1: $2640
TP2: $2645
TP3: $2650
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Technical Outlook for Gold Price (XAUUSD) 4/12/2024 Technical Outlook for Gold Price (XAUUSD)
On the daily chart, gold remains in a prolonged consolidation phase, with price action mainly hovering around the 21-day Exponential Moving Average (EMA21) and the technical level of 2,644 USD.
Although gold has recovered from the previous decline, the overall picture still leans towards a bearish scenario, with the main trend being defined by the price channel (a). Additionally, pressure continues from the EMA21, and the Relative Strength Index (RSI) remains below the 50 mark. These factors create conditions for a bearish trend.
As long as gold stays within the price channel (a), its technical outlook remains biased towards a downward trend, and any upward movements should be considered short-term corrections.
On the other hand, if gold is sold below the 0.618% Fibonacci retracement level, it could continue to decline towards the next target range around 2,606–2,600 USD. Furthermore, a new bearish cycle would begin if gold drops below the key level of 2,600 USD.
For the day, the bearish technical outlook for gold is highlighted by the following key levels:
Support: 2,634 – 2,606 – 2,600 USD
Resistance: 2,644 – 2,663 USD
Scalping XAU ! signal BUY zone SIDEWAY SCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Concerns over US President-elect Donald Trump's tariff plans, ongoing geopolitical uncertainty, and expectations of another Fed rate cut this month continue to support safe-haven demand for Gold. At the same time, market belief that Trump's policies could drive inflation higher and prompt the Fed to maintain elevated interest rates for longer is boosting US Treasury yields. This provides some support to the US Dollar (USD), limiting Gold’s upward momentum.
Given these mixed signals, caution is advised before making new bullish bets. Traders now turn their focus to the US JOLTS Job Openings data for potential short-term trading opportunities around XAU/USD.
⭐️Personal comments NOVA:
Small frame gold price continues sideways, there are still SACLPING signals in the 2622 price range
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2623 - $2621 SL $2618 scalping
TP1: $2628
TP2: $2633
TP3: $2640
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
Gold Market Analysis 12/04Yesterday, gold tested the 2635 support multiple times without breaking below it. At one point, prices rose above 2650, which aligns with our expectations. During this consolidation, long positions were quite profitable.
Current Market Outlook:
The consolidation range is gradually narrowing, and today we are likely to see a breakout in one direction.
If prices break upward, the previous high around 2666 will act as a new resistance.
If prices break downward, gold could return to around 2625.
2628 remains an important support level to watch.
Key Factors to Monitor:
Technical Levels:
Support at 2635, 2628, and 2625.
Resistance at 2666.
Geopolitical Considerations:
Keep an eye on the situation in Syria. While the current geopolitical developments have not shown significant positive news for gold bulls, unexpected events could still have an impact on the market.
Risk management is crucial, especially with potential geopolitical volatility.
Risk Management:
Ensure appropriate stop-loss orders are in place, especially given the uncertainty in the geopolitical landscape.
Conclusion:
Gold is currently in a consolidation phase, and a breakout in either direction is imminent. Stay vigilant and adjust your strategy based on market developments and technical signals. Let me know if you have any questions or need further assistance!
XAU/USD (Gold) - H1 - Triangle BreakoutThe XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2652
Target Levels:
1st Resistance – 2711
2nd Resistance – 2748
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Thank you.
XAUUSDHere is our view on XAUUSD . Potential long opportunity.
XAUUSD has been trying to break below our Key Level 2624 for quite some time. Today we sent out an quick update regarding XAUUSD and explaining that if we manage to break below 2624 we could enter into sells to lower Key Levels 2604 and 2590 . However we also mentioned a break above 2640 would result in more upside . Considering the fact we have broke above 2640 we are looking for buys on this pair.
PARAMETERS
- Entry: 2638.000
- SL: 2628.000
- TP: 2678.000
KEY NOTES
- XAUUSD failed to break 2624.
- XAUUSD broke above 2640.
- Breaks below our SL (Stop Loss) would result in lower prices and possible reverses.
Happy trading!
FxPocket
Trading Strategy and Risk ManagementAnalysis:
Today, the gold market is experiencing relatively stable volatility, as market participants await the release of key economic data later this week, particularly from Wednesday to Friday. These reports will have a direct impact on gold’s short-term price direction and provide important insights into market sentiment and capital flows in the coming days. Given that the market is currently in a wait-and-see phase, gold prices are likely to remain range-bound in the short term, lacking any significant trend breakout.
From a technical perspective, gold is currently facing resistance at the 2650 level and support at 2635. These two levels are likely to define the boundaries of gold’s price fluctuations. Based on this, the trading strategy for today is as follows:
Consider establishing short positions above 2650, as gold may face a pullback.
Consider establishing long positions below 2640, as there is potential for a price rebound.
Add to long positions near 2635, while closely monitoring the effectiveness of the support level.
Disclaimer:
The above analysis is for informational purposes only. Investment decisions should be based on individual risk tolerance and current market conditions. It is important to avoid blindly following signals or taking large positions, and to strictly adhere to risk management principles to avoid unnecessary risks.
XAUUSD IN GENRAL, THE PRICE HAS BROKEN In general, the price has broken through zone 1 to establish an upward position, but there is still resistance from sellers preventing the price from going up. The price can break through the 2654 zone. It is likely that in the US session, the price will touch the 2663 - 2675 zone.
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 Buy Limit OrderHi everyone.
I think before we get to our previous sell entry setup point, It's possible that we grab all liquidities below that level and touch the 30Min OB and then go up again...
Let's see what happens...
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
Israel's Shift to Syria and Its Impact on Gold PricesOver the weekend, the fighting between Israel and Lebanon paused, and Israel turned its attention to Syria, hoping to use this move to weaken the Russia-Ukraine war situation. However, as of now, the situation remains deadlocked, and Ukraine has not gained any significant advantage.
Many of you may not understand the connection between these events, but here’s a simplified explanation: Ukraine and Israel are in the same camp. While Ukraine has been facing difficulties in the Russia-Ukraine war, Russia holds over 80 strategic points in Syria. If Russia loses these, it would be a significant blow. So, Israel, as an ally of Ukraine, attacked Syria, hoping to help Ukraine gain an upper hand before a ceasefire, thus securing more significant benefits. However, up to now, things have not gone as smoothly as expected. Russia deployed troops to Syria, and in the process of attacking, they destroyed a command center of the four-nation alliance. Reports suggest that the leader of the Shams Liberation Organization may have been killed in the strike.
Due to the stalemate in the war, gold's price movement has been unclear. In this situation, the focus should be on the developments in Syria. If Israel gains the upper hand, the probability of gold rising increases significantly.
From a technical standpoint, the bulls currently have a slight advantage. Key support is at around 2635. As long as this support holds, the bullish momentum is likely to continue, and we may see a rapid rally at any time.
Gold Price Analysis: Key Support at 2635Today, we made two successful long trades on gold. The first target was 2635-2643, and the second target was around 2650. Both targets were hit, and we enjoyed substantial profits. Now, gold has retreated below 2640, with weak support around 2635. If the price can stabilize around this support level, an upward move is expected. However, if the price breaks below this level, we could see a head and shoulders pattern forming, and the price might return to around 2625.
Currently, the market is experiencing low volatility, and the key trading opportunities for this week will likely come between Wednesday and Friday. A large amount of data will be released, which could lead to significant fluctuations in gold prices, offering even more favorable opportunities for trading.
Gold Market Analysis 12/2At the start of the Asian session today, gold continued its downward movement, reaching back to the previous low near 2620. Typically, previous lows often provide some support. Today, we have seen multiple candlesticks with lower wicks at this level, indicating that the support is holding well at the moment.
Key Levels to Watch:
Support:
2615 remains a key level of support. If this level holds, a rebound is expected.
Resistance:
The resistance zone is between 2635-2643. Watch for potential price action around this area, as it could signal either a break higher or a reversal.
Market Outlook:
Given the current support at 2620 and the signs of a potential rebound, I expect a move higher, with the next target being the 2635-2643 resistance zone.
GOLD (02/12) | Bears are Gaining Momentum. Retesting the ResistaXAUUSD is declining after falsely breaking the resistance level of the range. The fundamental backdrop is mixed and still does not allow for the formation of a clear mid- to long-term strategy.
Trump's policies are creating new risks. Before taking office, he signaled the possibility of raising tariffs globally (on Canada, Mexico, Europe, China, and BRICS countries). Increased geopolitical risks are also affecting metal prices. On the backdrop of a strengthening U.S. dollar and expectations that the Fed will cut interest rates, gold prices are falling, confirming the bearish structure of the market. The market's attention is focused on the U.S. ISM Manufacturing PMI index.
Technically, the price is breaking below the ascending support line as well as the 2636 level, indicating a dominant bearish sentiment. A correction is forming, and we should pay attention to resistance zones, liquidity, and key imbalances.
Resistance levels: 2636, 2650
Support levels: 2622, 2618, 2605
A retest of the broken structure and the previously significant levels is forming. A false breakout of the 0.5-0.7 Fibonacci retracement (retest) could trigger aggressive selling due to the newly strengthened U.S. dollar. However, globally, gold is still within a sideways range without a clear trend.
🪙SELL XAUUSD | 2651 - 2652
⚰️SL: 2656
⬆️TP1: 2644
⬆️TP2: 2639
🪙BUY XAUUSD | 2580 - 2581
⚰️SL: 2575
⬆️TP1: 2586
⬆️TP2: 2591
This concludes the article. Best wishes for a healthy, joyful, and happy weekend.
CHOCH IN 5 MIN BUY THE RETRACEMENTGold is exhibiting a notable retracement on the 5-minute chart, creating a potential buying opportunity for traders watching short-term movements. As the price pulls back to test key support levels, market participants are closely monitoring for signs of a bounce that could confirm bullish momentum. This setup highlights the significance of precision in timing entries and managing risk, as gold's next move could define the near-term trading outlook. Will the precious metal regain strength, or is further downside ahead? The next few candles will be critical...
Gold Hits 2635 Target, Next Focus on 2646 ResistanceDuring today's Asian session, I shared a long strategy with a target of 2635-2643. Currently, the price has risen above 2635, and we have secured our first profit of the week. Congratulations to all who followed the strategy!
The price is still on an upward trend, and a rise to around 2640 should be achievable. At that point, we need to pay attention to the resistance near 2646 and observe if it breaks. A slight pullback is expected, with key support around 2632-2628. If the support holds, we could see the price push back above 2650.