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.
Xauusdsignal
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.
XAUUSD: Get Ready For Big Move! First Swing Sell then Swing Buy!Dear Traders,
Hope you are doing great, we have an amazing selling opportunity coming up on gold. Where we can expect price to reverse for a massive 2000 pips. The overall view on gold market remain bearish since the us elections result came out in the market. So our view or bias remain the same. Good luck and trade safe.
XAUUSD 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum.
Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540.
Christmas gift: buy gold!Bros, gold has fallen back to around 2616 in the short term. Where will gold fall? In fact, from the perspective of the short-term structure, although gold has fallen back twice in the 2635 area and fell below 2620, for the overall structure, gold's performance today is not weak. As long as gold stays above 2612, gold still has the ability to continue to rebound.
So don’t be frightened by the short-term downward trend. The fall in gold is likely to give you an opportunity to go long in gold. Once gold tests the support again, gold is likely to continue its rebound and try to touch 2640 or even 2650.
Bros, this is my Christmas gift to you. Be brave and seize the opportunity to be long gold. Bros, are you going long on gold like 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!
XAU recovers - returns to downtrend retest zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
The Federal Reserve cut interest rates at its December meeting as anticipated but signaled a slower pace of future reductions. The updated dot plot, which outlines projected rate trends, now suggests a half-percentage-point cut in 2025, down from the full percentage-point reduction forecasted in September. This shift continues to strengthen the US Dollar (USD) and weigh on USD-denominated Gold, as rising real interest rates increase the opportunity cost of holding non-yielding assets like gold.
On the other hand, weaker-than-expected US inflation data may help limit gold’s downside. The Personal Consumption Expenditures (PCE) Price Index rose to 2.4% year-over-year in November, up from 2.3% in October but slightly below the 2.5% market estimate. Meanwhile, Core PCE remained steady at 2.8% but fell short of the expected 2.9%.
⭐️Personal comments NOVA:
Gold H1 frame recovered and retested the break zone in the downtrend, mainly sideways price below 2650 zone
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2643 - $2645 SL $2651
TP1: $2635
TP2: $2620
TP3: $2610
🔥BUY GOLD zone: $2606 - $2604 SL $2599
TP1: $2615
TP2: $2628
TP3: $2640
⭐️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
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
XAU/USD "GOLD vs US Dollar" Metal Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at Pullback 2,640 / 2,650 / 2,660
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 2540.00 or Before
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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Gold Analysis Today (XAU/USD)XAU/USD is moving within a parallel channel in a 'bearish trend,' which formed as the price touched the channel borders three times since last week.
The price is currently testing the upper border of the channel and is preparing to rebound. We recommend opening a sell order as mentioned in the previous 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
GOLD (XAUUSD): Your Trading Plan for Today
If you decided to trade today, there is one potential
shorting opportunity for Gold.
Following my recent update, the price is testing a recently
broken daily horizontal structure at the moment.
On an hourly time frame, the price formed a tiny double top on that.
2621 - 2625 is its neckline.
To sell the market with a confirmation, wait for a bearish breakout of
a neckline and an hourly candle close below that.
Sell aggressively or on a retest then.
Targets will be 2608 / 2600.
If the price sets a new higher high,
the setup will be invalid.
❤️Please, support my work with like, thank you!❤️
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 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum.
Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540.
THE KOG REPORT THE KOG REPORT:
In last week’s KOG Report we said we would be looking for the levels of resistance above at the 2670-75 region where we anticipated the short trade to come from and the lower levels of support standing at 2630 where we wanted to see a reaction in price. We managed to get the short just below around the 2665 region giving us a nice start to the week in Camelot, targeting lower and breaking through 2630. We then continued to short completing the bias target levels as well as the red box targets which were shared with the wider community.
Pre-FOMC we suggested traders pause and wait for the reversal which we managed to get based on the indicator and the FOMC report enabling us to capture the move upside into the close of the week, giving us a phenomenal pip capture on Gold. Add to that the other pairs we’ve traded and analysed through the week, and it was a nice end to week giving us an opportunity to now take it lightly for the remainder of the year.
So, what can we expect in the week ahead?
For this week we will be expecting thin volume so potential for ranging and slow movement with sudden burst of unexpected volume. We again have the key level of 2630-35 above which is a reasonable target region for the start of the week as long as the support level just below here holds us up 2610. If we can start the week with a move into that region we feel an opportunity to long is there with the first region being 2630 and above that 2635. 2635 is the level we’re anticipating a break of into the higher levels of 2650-55 and above that 2660-6, which is where we ideally want to be waiting for the short opportunity to take this back down into the lower levels with potential to then break below the 2600 level.
We say it a lot but this week and most probably for the remainder of the year we will be taking this level to level, hence the report is showing you’re the 4H red boxes which together with our 15min and 1H indicators work well to capture the moves for intra-day trading across all pairs.
KOG’s bias for the week:
Bearish below 2660 with targets below 2610, 2596, 2580 and 2578
Bullish on break of 2660 with targets above 2667 and above that 2670
RED BOXES:
Break of 2625 for 2630, 2635, 2645 and 2660 in extension of the move
Break of 2610 for 2606, 2590, and 2680 in extension of the move
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
Gold UpdateGold has formed:
1- Valid ascending channel (in blue) with multiple touches .
2- Head & Shoulders (in yellow).
3- Resistance on the right shoulder.
As long as the right shoulder resistance still stand with no broken candle, both 2 & 3 are still valid and considered as good strategies
Now we’re waiting for an H8 candle to broke and close clearly under the last touch (trigger point) of the our blue channel and to retest and get rejected from below of the channel so we can enter a Short (sell) trade
Follow us for more ideas and updates
Gold will Go Down Again!!!Gold ( OANDA:XAUUSD )started to decrease yesterday after the release of the US indexes(Federal Funds Rate, FOMC Economic Projections, FOMC Statement) .
Gold is moving near the Resistance zone($2,642-$2,620) and Resistance lines .
In terms of Classic Technical Analysis , Gold appears to be forming a Rising Wedge Pattern .
According to Elliott's wave theory , Gold is completing wave 4 . The probability that the wave structure of wave 4 will be complicated is very high. Of course, it depends on today's US indexes (Final GDP, Unemployment Claims) .
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks.
I expect Gold to start declining again from the Potential Reversal Zone(PRZ) and AFTER breaking the lower line of the wedge pattern , it will fall to at least $2,611 and attack the Heavy Support zone($2,605-$2,584) .
⚠️Note: If Gold breaks the Potential Reversal Zone(PRZ) and Resistance lines, we can expect more Pumps.⚠️
🔔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.
Bears dominate - gold selling pressure below 2600⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Thursday's US economic data revealed a decline in unemployment claims, while the final Q3 GDP report from the Bureau of Economic Analysis confirmed 3.1% year-over-year growth.
Despite these figures, market attention remains focused on projections for 2025. The Federal Reserve (Fed), led by Chair Jerome Powell, reduced interest rates by 25 basis points, though the decision was not unanimous, with Cleveland Fed's Beth Hammack dissenting in favor of maintaining current rates.
Fed officials have also shifted focus to inflation, as reflected in the dot plot. Their projections indicate two 25-basis-point rate cuts in 2025 and another two in 2026.
⭐️Personal comments NOVA:
Strong Bearish Trend - Pressure on Market Maintains Around 2600
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2626 - $2628 SL $2633
TP1: $2620
TP2: $2610
TP3: $2600
🔥BUY GOLD zone: $2576 - $2574 SL $2569
TP1: $2582
TP2: $2590
TP3: $2600
⭐️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
Short gold after hitting 2635-2645 areaBrothers, we went long on gold near 2591 yesterday and closed the long position near 2607 this morning, making a profit of 160 pips easily, which is a very good trading result.
After closing the long position, I originally planned to wait for gold to fall back and continue to go long on gold in the 2595-2590 area, but after I closed the order, gold has been fluctuating in the 2607-2600 area, and did not give me the opportunity to go long on gold again. So it's a pity that I missed this time when gold continued to rebound.
At present, gold has reached around 2628, and the increase has not exceeded my expectations. I think gold may even continue to rebound to the 2635-2645 area. However, if gold touches this area for the first time, I think there will be an opportunity for gold to fall back to build up momentum and extend its effect.
So, if gold touches the 2635-2645 area as expected, I will choose to short gold once!Bros, will you choose to short gold like 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!