Closing our selling order at 2863As we mentioned in our previous commantary we are ready to sell if 2880 breaks.
Thanks to those traders whom follow us and are successful in selling 😘
Today we started selling from 2993 and we closed and exit at 2863.
Today our setup gives us accumulate and incredible results.
Xauusdshort
XAUUSD is on structural support on H4As in our recent previous commantary we mentioned our selling order which Tp has been hit with 130 pips.
What possible scenario do we have?
We are still expecting the little correction towards at 2855-2860 if 2880 structural support break 2855-2860 on mark.
On the other hand ,for buyers if H4 Candle closes above 2890 our eyes will be again at 2930 structure.
Today CPI Fundamental is also on alert ⚠️
Gold Price Analysis: Is a Deeper Pullback Coming?Since the beginning of the week, I have been writing that although the overall trend remains bullish, Gold is due for a correction.
Indeed, after a blow-off top to a new all-time high of 2943, the price started to decline and reached the confluence support zone at 2885.
At the time of writing, the price has returned to this support level, and there is a high probability of a break below this level, leading to a continuation of the correction.
In such a scenario, traders could anticipate a test of the 2840 support zone.
My strategy is to look for selling opportunities on rallies above 2900.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
price on sideways#XAUUSD price have been declining between 2894-2887, now possible sideways is overtaking because the candlestick movement is repeating. Now we await for double breakout above 2909 for bullish, TP 2940-2950,SL 2900. Below 2881 have bearish but its won't last long, Tp 2876-2870,Sl 2886. Below those zone have bullish retracment.
GOLD at a Turning Point: Potential Breakdown Ahead?OANDA:XAUUSD is currently testing the lower boundary of its ascending channel. A decisive break below this trendline could signal a shift in market sentiment, potentially weakening bullish momentum and increasing the likelihood of bearish pressure.
If price breaks below the current support and then retests the zone as resistance, sellers may take control and drive the price lower. A confirmed rejection at this level could lead to a bearish continuation toward the 2,829 support level, which represents a logical target within the current market structure.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles or strong rejection wicks, to validate potential short positions.
Short gold after reboundDear Traders,
After retracing to the 2881 level, gold has rebounded and is currently extending its recovery above 2907. It is evident that as prices push higher, bearish forces are actively countering the move, and some profit-taking is taking place. The candlestick chart shows clear rejection signals near the 2942 and 2929 levels, indicating notable selling pressure and fear-induced resistance at higher levels.
For short-term trading, short positions can be considered within the 2910-2920 range. I believe that before resuming its uptrend, gold may still need to retest the validity of the 2900 support level. Furthermore, if downside momentum persists, there remains a possibility of further testing the 2870-2860 region.
Bros, do you have the courage to short gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Possible short entry idea for xauusd - Gold (XAU/USD) is showing signs of bearish momentum due to .
- Technical indicators such as suggest a potential pullback.
- Fundamental factors like are weighing on gold prices.
- A break below could accelerate the downside move.
**Risk Management:**
- Position size is calculated to risk no more than of the trading account.
- Stop loss is placed above to limit downside risk.
**Note:** Monitor upcoming economic data (e.g., US CPI, Fed announcements) and geopolitical developments, as they may impact gold prices. Adjust the trade plan if market conditions change.
*Disclaimer: Trading involves risk. This is not financial advice.*
GOLD 4H CHART ROUTE MAP TRADING PLAN FOR THE WEEK4H Gold Analysis – 10th Feb 2025
Dear Traders,
Here’s our updated 4H chart analysis, including key levels, targets, and Goldturn levels for the week.
Gold is currently fluctuating between two weighted levels, with gaps above 2876 and below 2850. A confirmed EMA5 crossover and lock above or below these Goldturn levels will determine the next trading range. Until then, expect levels to be tested side by side.
Trading Strategy:
* Maintain a bullish bias and use pullbacks as buying opportunities.
* Avoid chasing tops; instead, buy dips from key levels.
* Use smaller timeframes for pullback entries at Goldturn levels.
* Aim for 30-40 pips per trade for effective risk management.
Bullish Targets
EMA5 cross and lock Above 2876, will open the following bullish target 2903
EMA5 cross and lock Above 2903, will open the following bullish target 2925
Bearish Targets
EMA5 cross and lock Below 2852: will open the following bearish target 2828
EMA5 cross and lock Below 2828: will open the following bearish target 2803
EMA5 cross and lock Below 2803: will open the following bearish target 2776 (Retracement Range)
EMA5 cross and lock Below 2776: will open the following bearish target 2747 (Swing Range)
Trade with confidence and discipline. Stay updated with our daily insights!
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📉💰 The Quantum Trading Mastery
Advocate continuing to short goldIf you have been following my trading strategy, you should be aware that I have already initiated short positions around the 2900 level. Currently, gold is trading near 2910.
After reaching the 2905 level, gold unexpectedly failed to produce a meaningful pullback and instead extended its rally beyond 2910. However, the bullish momentum is gradually losing steam, and gold is approaching short-term trendline resistance. I anticipate that once gold tests this resistance level, a retracement toward the 2880 region, or even as low as 2860, remains a strong possibility.
On the other hand, despite gold’s strong uptrend, we must remain cautious about macroeconomic factors. If the Trump administration continues to advocate for a strong U.S. dollar policy, potential intervention in the gold market cannot be ruled out, which could pressure gold prices.
From a short-term trading perspective, I do not recommend chasing longs at this level. I am still holding my short positions initiated around 2900 and have just added to my short exposure above 2910, anticipating a corrective pullback as projected.
Bros, have you followed me to short gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Gold finds ATH price zone above 2880, sideways above 2835⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The People's Bank of China (PBOC) increased its gold reserves for the third consecutive month in January, supporting gold prices as China remains the world’s largest gold consumer. Reserves rose to 73.45 million fine troy ounces, up from 73.29 million in December. Economist David Qu from Bloomberg Economics noted that the PBOC is likely to continue diversifying its reserves amid growing geopolitical uncertainty.
Meanwhile, US labor market data released on Friday indicated continued strength, which could delay Federal Reserve (Fed) rate cuts. The US added 143,000 jobs in January, below the expected 170,000, while the unemployment rate edged down to 4.0% from 4.1%. As a result, traders now anticipate only one Fed rate cut this year, potentially boosting the US Dollar and pressuring gold prices.
⭐️ Personal comments NOVA:
Gold accumulates in a good growth price zone, around 2880 and adjusts sideways at the beginning of the week.
⭐️ SET UP GOLD PRICE:
🔥 SELL GOLD zone: $2884 - $2886 SL $2891
TP1: $2878
TP2: $2870
TP3: $2860
🔥 BUY GOLD zone: $2852 - $2854 SL $2849 Scalping
TP1: $2858
TP2: $2863
TP3: $2870
🔥 BUY GOLD zone: $2831 - $2833 SL $2826
TP1: $2840
TP2: $2850
TP3: $2860
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL 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
Start shorting gold before the marketGood morning, dear traders! A new trading week has begun!
Last week, I consistently emphasized in my trading strategy that gold still had the potential to rally towards 2900. Since the market opened today, gold has accelerated its upward move, approaching 2900, which suggests a short squeeze from a technical perspective. Additionally, in my trading outlook shared on Friday, I specifically pointed out that as gold approaches or tests the 2900 level, we must remain cautious of a potential pullback. If gold fails to decisively break through the 2895-2905 resistance zone, a short-term retracement to the 2880 zone, or even the 2860 level is possible.
In the short term, I will continue to look for short opportunities within the 2895-2905 range, anticipating that gold will pull back as expected, setting us up for a strong start to the trading week!
Bros, do you have the courage to try shorting gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!