Gold Buy Limit OrderHi everyone.
As we broke the structure to the top, now it's time for a pull back so I'm interested in these two areas to set orders. I'll update TPs later.
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
Xauusdlong
Gold is Ready to PUMP Again!!!As expected, Gold ( OANDA:XAUUSD ) hit the Targets I identified last week and started falling again .
Gold is moving near the Heavy Support zone($2,605-$2,584) , Potential Reversal Zone(PRZ) , and Support lines .
According to Elliott's wave theory , Gold appears to form an Expanding Flat (ABC/3-3-5) .
I expect Gold to rise again from the Potential Reversal Zone(PRZ) .
⚠️Note: If Gold breaks the lower line of the ascending channel, it will likely lose the Heavy Support zone($2,605-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
xauusd target 2652 possibleHere's a summary of your updated XAU/USD trade plan:
Trade Plan
- Entry Point: 2613
- Target: 2652
- Stop-Loss: 2600
Market Analysis
The XAU/USD is experiencing a bullish trend, driven by a weakening US dollar and increasing inflation concerns.
Technical Analysis
- RSI Indicator: The Relative Strength Index (RSI) is above 50, indicating a bullish momentum.
- Moving Averages: The 50-day moving average is trending upwards, supporting the bullish view.
- Support Levels: The support levels at 2600 and 2590 could provide a buying opportunity in case of a pullback.
Risk Management
- Risk-Reward Ratio: Your risk-reward ratio is approximately 1:2.6, which is relatively aggressive.
- Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size.
Trade Progress
You're currently 39 pips away from your target. Keep monitoring the market and adjust your strategy as needed.
Stay disciplined and stick to your trade plan. Good luck!
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 Trade Plan for the next 4hrs.Trade Plan for the Next 4 Hours
Time Direction Entry Take Profit Stop Loss
2024-12-24 02:30:00 Short 2612.48 2612.31 2612.65
2024-12-24 02:45:00 Short 2609.88 2609.24 2609.24
2024-12-24 03:00:00 Short 2609.09 2608.39 2608.39
2024-12-24 03:15:00 Long 2612.27 2612.75 2611.79
2024-12-24 03:30:00 Long 2616.03 2617.61 2614.45
2024-12-24 03:45:00 Long 2615.98 2617.23 2614.73
2024-12-24 04:00:00 Long 2614.56 2615.12 2614
2024-12-24 04:15:00 Long 2614.27 2614.65 2613.89
2024-12-24 04:30:00 Short 2612.6 2612.41 2612.41
2024-12-24 04:45:00 Short 2611.4 2610.92 2610.92
2024-12-24 05:00:00 Short 2611.23 2610.84 2610.84
2024-12-24 05:15:00 Short 2611.53 2611.36 2611.36
2024-12-24 05:30:00 Short 2610.73 2610.39 2610.39
2024-12-24 05:45:00 Short 2610.57 2610.29 2610.29
2024-12-24 06:00:00 Short 2611.6 2611.46 2611.74
2024-12-24 06:15:00 Long 2611.74 2611.93 2611.55
Long Target confirm signal Gold extends its daily rebound and trades above $2,620 on Friday. The benchmark 10-year US Treasury bond yield declines toward 4.5% following the PCE inflation data for November, helping XAU/USD stretch higher in the American session.
Gold now sell 2623
Support 2590
Support 2550
Resistance 2680
Scalping XAU ! Short recovery trend 2645 monday⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) continues to rebound from the one-month low reached last Thursday, marking its third consecutive day of gains as the new week begins. The metal maintains its upward momentum during the early European session, supported by safe-haven demand fueled by geopolitical tensions and concerns over trade disputes. However, the generally optimistic market sentiment limits further upside for the precious metal.
⭐️Personal comments NOVA:
Gold is currently sideways in the price range of 2620-2630, short-term recovery trend, target retest range 2645
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2626 - $2624 SL $2621 scalping
TP1: $2632
TP2: $2640
TP3: $2645
⭐️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 is Ready to Break Resistance lines!!!Gold attacked a Heavy Support zone($2,605-$2,584) yesterday, as I expected .
Gold is starting to rise from the Heavy Support zone($2,605-$2,584) and breaking the First Resistance lines .
According to the theory of Elliott waves , Gold managed to complete wave 5 so that wave 5 was Truncated .
I expect Gold to attack the Downtrend line and the Resistance zone($2,642-$2,620) after breaking the First resistance lines .
⚠️Note: If Gold goes below $2,600, we should expect more Dumps⚠️.
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold Trading Strategy 12/23Last Friday, we successfully hit our long target in the 2623-2632 range, after which gold faced resistance near 2632 and pulled back.
With no major news over the weekend, the focus shifts back to technical trading. For this week, we are mainly looking at:
Long positions in the 2615-2605 support zone.
Short positions in the 2636-2648 resistance zone.
Key Considerations for the Week:
Pay close attention to the support and resistance lines . Any breakout above or below these levels will require a quick adjustment to your trading strategy.
Stay vigilant and be ready to adjust positions as market conditions evolve.
XAUUSD End of Day trend forecast from December 23rd According to my analysis, the XAUUSD End of Day trend is Bullish from December 23rd, 2024 till 5 trading days . There are support and resistance levels given in the chart may vary in the real-time market.
The content provided is only for the educational purposes. Do not trade without stop-loss.
GOLD TO $3000/OZ (after correction ofc)After my previous optimistic idea, here’s a scenario that seems much more likely! Now I can also see that gold needs a little break before it can head towards the $3000+ target price! I think the $2500 avg. price level is a very good entry point before the first wave of the fifth wave begins.
#XAUUSD 4HBased on the 4-hour analysis, the price has successfully broken below the major support level at 2600.00 and closed beneath it. This indicates a potential bearish move, with the next target expected around 2545.00.
However, before reaching 2545.00, a minor retracement is anticipated near 2660.00/2665.00, after which the price may continue towards the final target.
Let’s observe how the market unfolds.
XAU/USD - Gold Long trades"After yesterday's sharp decline in XAUUSD, the market is showing signs of stabilization, creating potential opportunities for long trades. Key support levels have held firm, suggesting bullish momentum could resume as buyers step in. We must closely monitor price action for confirmation, targeting a potential recovery towards key resistance zones. As always, proper risk management is essential. Let's see how this plays out!"
The bullish side breakout of 200 EMA in the 15-minute and 5-minute charts can be a good sign of a market uptrend.
Entry 1st zone - 2630-2640
Entry 2nd zone - 2673-2683
Entry 3rd zone - 2726-2736
Gold Long 4HThis is a Trade Idea Based on Pullback Levels and Golden zone of Fib, I'm looking for a buy opportunity around the 2633-2630 range on the 4-hour chart. To enter this trade, confirmation is essential. I'm looking for confirmation on a lower time frame, such as the 30-minute chart. An ideal confirmation would form a 'W' pattern, preferably with a higher low in the second leg.
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 Trading Strategy 12/19Yesterday's interest rate decision caused gold to break below 2600, reaching around 2580. Currently, the price has rebounded to 2610, but 2600 remains a key support/resistance level, and it’s expected that gold may test this level again.
Today's trading strategy will focus on the 2693-2623 range.
Look for shorting opportunities within the 2618-2628 range
If the price drops into the 2603-2593 range, consider going long
Last ride for Gold to 2800+ before droppingNow that Gold has completed the final ABC correction of the 4th wave, nothing can stop it from heading toward 2800 to complete the cycle!
This information does not constitute financial advice or recommendation and should not be considered as such. This is only my opinion! Always do your own research and seek independent financial advice when required.