XAU/USD "The Gold" Metal Market Bullish Robbery 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 "The Gold" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a trade after the breakout of White MA 2,680
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low level should be in retreat.
Stop Loss 🛑: Using the 2H period, the recent / nearest low level.
Goal 🎯:
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.
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Xauusdtrading
XAU/USD 19 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Yesterday's analysis played out as expected with price targeting weak internal low, printing a bearish iBOS.
Price has printed a bullish CHoCH, indicating, but not confirming bullish pullback phase initiation. We are now trading within an established internal range.
Intraday Expectation:
Price is currently trading at premium of internal 50% EQ where we could see a reaction. Price could potentially trade up to M15 supply level before targeting weak internal low priced at 2,583.915
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
GOLD (XAUUSD): Massive Breakout
FED rate decision and FOMC made Gold very bearish yesterday.
The price violated a support line of a wide horizontal range on a daily.
Its breakout signifies a strong bearish pressure.
It opens a potential for more price depreciation.
Next support - 2563
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XAUUSD: Channel Up bottom buy opportunity.XAUUSD is marginally bearish on its 1D technical outlook (RSI = 43.110, MACD = -4.500, ADX = 23.016) as it is trading under the 1D MA50 and is approaching the 1D MA100. That was the trendline that contained the correction on November 14th at the bottom of the 8 month Channel Up and delivered a strong rebound. So far it seems that Gold is replicating the April-June accumulation phase. As long as the 1D MA100 holds again, we will be bullish, aiming for a strong rebound to the 2.0 Fibonacci level (TP = 2,825).
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XAU/USD 18 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
I have been mapping systematically. Since last analysis, price has been printing erratically, printing a bearish iBOS, followed by a double bullish iBOS and most recently a bearish iBOS.
Price is trading within an established internal structure.
Intraday Expectation:
Price is currently trading at premium of internal 50% EQ and has minimally tapped in to M15 supply zone. Price is expected to target weak internal low priced at 2,642.830
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
TRADING STRATEGY FOR DECEMBER 18 XAUUSDGold prices fell on December 17 due to:
Stronger USD (+0.1%), making gold more expensive for holders of other currencies.
Higher 10-year bond yields, increasing the opportunity cost of holding gold.
Key Takeaways from the Fed:
A 0.25% rate cut is expected on December 18, but the likelihood of further cuts in January 2025 remains low (only 18%).
US Economic Impact:
November retail sales exceeded expectations, fueling inflation concerns. This suggests the Fed may pause further rate cuts in January 2025.
Gold is strongly supported by important economic data this week. From a technical perspective, after recent sharp declines, gold has shown signs of reversal from the 2633.xx resistance area, rebounding toward 2650.xx.
Today's Main Trend: Focus on long-term buy opportunities at strong sell points. Use sell scalping strategies and observe reactions to trade more effectively.
INTRADAY TRADING STRATEGY
SELL SCALP:
Entry: 2661 - 2663
Stop Loss (SL): 2666
Take Profit (TP): 2655
BUY SCALP:
Entry: 2634 - 2632
SL: 2629
TP: 2640
BUY ZONE:
Entry: 2618 - 2620
SL: 2615
TP: ???
SELL ZONE:
Entry: 2672 - 2674
SL : 2677
TP: 2664
XAU/USD 13 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024. Awaiting candle closure to confirm bullish iBOS
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Yesterday's intraday analysis played out with price targeting weak internal low at priced 2,700.810.
Price has just printed a further bearish iBOS.
Following bearish iBOS we expect a pullback. Current CHoCH positioning is denoted with a blue dotted line.
We are now trading within an internal high and fractal low. You will note internal range has been significantly narrowed, however, price could print lower which would extend the depth of the internal range
Intraday Expectation:
Price is expected to indicate pullback initiation by printing a bullish CHoCH.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAU/USD 12 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024. Awaiting candle closure to confirm bullish iBOS
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
As highlighted in yesterday's analysis dated 11 December 2024, price was expected to print a bullish iBOS to narrow the internal range, and this is precisely how price printed.
Following bullish iBOS, price printed a bearish iBOS.
We are now trading within an established internal range. While price has not yet printed a bearish CHoCH, it has traded up to the premium of the 50% internal EQ.
Intraday Expectation:
Price is currently trading within the premium of internal 50% EQ. Technically, price is expected to target the weak internal low at 2,700.810.
Alternative Scenario:
Price may potentially seek further liquidity to complete a bullish iBOS on the H4, therefore, bearish momentum may face limitations.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD: Neutral on 1D but expecting a bullish breakout soon.Gold is neutral on its 1D technical outlook (RSI = 49.080, MACD = -4.570, ADX = 25.048) as the price is ranged between the 1D MA50 and 1D MA100, on the lower band of the 7 month Channel Up. This suggests that there is significant upside potential to Gold on the medium term and the flat 1D MACD indicates high degree of similarity with June 2024 when the price was again ranged between the 1D MA50 and the bottom of the Channel.
All bullish waves that started after lows, reached at least the previosu R1 level and that is our current target (TP = 2,790).
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XAU/USD 03 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Today's analysis and bias will remain the same as analysis dated 26 November 2024.
Price Action Analysis:
Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low.
A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low.
Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310.
Alternative Scenario:
The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds.
Note:
Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD Potentially BearishOANDA:XAUUSD topped out at almost 2800 and there after we have seen some consistent lower lows and lower highs. If price continues to hold around the 2650 area with some significant rejections, we just might see price creating a new lower high and potentially targeting the 2542 key zone area. Although we might see price dropping lower than that, I will rather lock in some profits when price comes to that zone
Always do your analysis before taking any trade. Past results does not guarantee future results
Scenario on XAUUSDOn the chart we have a level marked around which the price has been hovering all the time. This level is located around the price of 2660-2640. A correction is forming which is still not complete for me. If it cannot break through this resistance at this moment, it is quite likely that the price may correct somewhere towards the level of 2500 or even a lower price. For me, this market is still undecided and for now I am staying out of the position. If what I described happens, I will take a short.
XAU/USD 02-06 December 2024 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
XAUUSD: Expecting a Triangle bullish breakout.Gold is neutral on the 1D timeframe (RSI = 48.029, MACD = -5.300, ADX = 29.357) as it is consolidating inside a Triangle, same as it did within November 13th - 15th. Once the LH trendline breaks, we expect a similar bullish breakout to a new High but on the short term we are happy to just aim for the R1 level (TP = 2,721)
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XAU/USD 28 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias/analysis remains the same as analysis dated 25 November 2024.
Price Action Analysis:
As mentioned in yesterday's analysis dated 24 November 2024, whereby price was expected to print a bearish CHoCH. This is how price printed.
Currently, price is trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade down to either discount of internal 50% EQ, which is marked in blue, or H4 demand zone before targeting weak internal high priced at 2,721.420.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Today's analysis and bias will remain the same as analysis dated 26 November 2024.
Price Action Analysis:
Intraday expectation and analysis dated 25 November 2024 printed as anticipated, with price successfully printing a bearish iBOS after targeting the weak internal low.
A correction from yesterday's intraday expectation: instead of targeting the weak internal high, price was expected to target the weak internal low.
Price has since printed a bullish CHoCH, indicating, but not confirming, bullish pullback phase. We are now trading within an established internal range.
Intraday Expectation:
Price is anticipated to trade up to either the internal 50% EQ or the M15 supply zone before targeting the weak internal low at 2,605.310.
Alternative Scenario:
The H4 timeframe has printed a bearish CHoCH, indicating the initiation of a bearish pullback phase coupled with the fact that H4 TF is now trading in discount of internal 50%. However, this suggests that bearish momentum on M15 may face limitations as the broader H4 phase unfolds.
Note:
Given the Federal Reserve's dovish stance and persistent geopolitical tensions, volatility in Gold prices is likely to remain elevated. Traders should remain cautious and prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD OUTLOOK H4 XAU/USD (Gold) with key features highlighted. Here's a breakdown of the analysis:
1. Order Block and FVG:
The upper blue zone represents an Order Block, an area of institutional interest where selling pressure may emerge.
The Fair Value Gap (FVG) is also marked, indicating a potential imbalance that the price might fill before continuing its movement.
2. Supply Zone:
The mid-level blue zone indicates a Supply Zone, where selling pressure is likely to push the price downward if tested.
3. CHoCH (Change of Character):
The dotted line labeled CHoCH signifies a structural shift from bullish to bearish momentum, marking the beginning of a downtrend.
4. Break of Structure (BOS):
BOS levels are identified, confirming bearish continuation with successive lower lows.
5. Future Projections:
If the price breaks through the resistance in the Supply Zone, it could potentially test the higher Order Block before a reversal.
Alternatively, failure to break resistance may result in a continuation of the bearish trend.
Gold Price Outlook: Key Insights for Next Weeks Trading DecisionGold just had its best week in recent times! This video analyzes the key factors driving the price surge – including geopolitical events and the latest US economic data.
As Geopolitical uncertainty continues to drive demand, this video illustrates my trading idea. Join me as I analyze Gold’s price action, identify critical levels, and share actionable insights for the coming week. Let me know yours!
#gold #goldinvesting #marketanalysis #usdata #pmi #consumersentiment #inflation #fed #tradingstrategy #forex
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
XAU/USD 25-29 November 2024 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Price Action Analysis:
After printing bearish CHoCH to indicate bearish pullback phase initiation, price traded down to discount of 50% internal EQ.
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
In my analysis dated 22 November 2024, the internal structure was bearish, with an expectation for price to target the weak internal low. However, this scenario did not materialise as price printed a bullish iBOS by the close of 22 November 2024. This could be attributed to escalating geopolitical tensions across multiple fronts.
The CHoCH positioning, marked by a blue dotted line, us currently close but may be repositioned, as there are currently no definitive signs of pullback initiation.
Note:
With the Federal Reserve maintaining a dovish policy stance, ongoing and increasing geopolitical uncertainties, Gold prices are likely to experience continued elevated volatility. Traders should exercise caution and refine their risk management strategies to navigate this high-volatility environment effectively.
H4 Chart:
XAU/USD 20 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
In my analysis dated 12 November 2024, I highlighted the anticipation of a bullish Change of Character (CHoCH) as an indication of a bullish phase initiation. Price has now confirmed this by printing a bullish CHoCH.
Currently, price is trading within an established internal range and remains consistent with the broader pullback requirements of higher timeframes. This internal range forms the basis for today's expectations.
Intraday Expectation:
Price is anticipated to trade up to the premium of the internal 50% equilibrium (EQ), where it is currently positioned. Alternatively, price may trade higher to reach the H4 supply zone before targeting the weak internal low at 2,536.855.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
As stated in yesterday's analysis, I mentioned that it would not be surprising if price printed a bearish internal Break of Structure (iBOS). This expectation materialised; however, the bearish momentum was short-lived as price subsequently printed a bullish iBOS.
Price has now printed a bearish Change of Character (CHoCH), which allows us to establish an internal range. Currently, price is trading near the extreme of a strong internal low and has wicked into the M15 demand zone, showing a reaction.
Intraday Expectation:
Technically, price is expected to target the weak internal high at 2,641.940, reacting from the current M15 demand zone.
Alternative Scenario:
The H4 timeframe remains in a bullish pullback phase and is trading within the premium of its internal 50% equilibrium (EQ), where a reaction is observed. Consequently, it would not be surprising if the M15 timeframe printed a bearish iBOS.
Note:
With the Federal Reserve maintaining a dovish policy stance and geopolitical tensions persisting, Gold price volatility is expected to remain elevated. Traders should stay cautious and remain prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
XAUUSD: Crossed the 4H MA50 and starting the rally to 2790.Gold is neutral on its 1D technical outlook (RSI = 45.921, MACD = -20.360, ADX = 41.087) validating the significant upside potential it has inside this Channel Up. On Thursday it bottomed on the HL trendline and today crossed over the 4H MA50. Every time it has done so on this pattern (only once it failed), it hit the R1 level. Consequently this gives a clear target on the previous high (TP = 2,790).
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XAU/USD "Gold vs USD" Market Money Heist Plan on Bearish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU/USD "Gold vs USD" Market Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Pink Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry in pullback.
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
XAU/USD 18-22 November 2024 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is projected to move downward toward either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Price Action Analysis:
In my weekly analysis dated 27 October 2024, I forecasted that price could potentially make new highs, thereby shifting the bearish Change of Character (CHoCH) closer to recent price action. This repositioning would serve as a trigger for a bearish pullback phase initiation.
As anticipated, this scenario unfolded with CHoCH shifting nearer to the current price and ultimately printing a bearish CHoCH. Currently, price is trading within an established internal range (highlighted in blue), trading in the discount zone of the internal 50% Equilibrium (EQ) and approaching a Daily demand zone, where a reaction is likely.
Given the current internal range dynamics, price is expected to react upon reaching the Daily demand zone and could trade upward to target the daily internal high. However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS).
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing -> Bearish.
-> Internal -> Bearish.
Price Action Analysis:
Analysis remains the same as previous bias from my analysis dated 12 November 2024.
Price has printed both a bearish Internal Break of Structure (iBOS) and a subsequent bearish Break of Structure (BOS), confirming the need for a pullback across all higher timeframes (HTFs).
Currently, price action remains in alignment with the broader HTF pullback requirements.
Intraday Expectation:
The expectation for the intraday session is that price will print a bullish Change of Character (CHoCH) to indicate the initiation of a bullish pullback phase. The positioning of this bullish CHoCH is indicated by the blue dotted line on the chart.
However, it is also possible that price could extend to a new low, bringing the CHoCH positioning much closer to the current price action.
Note:
Given the Federal Reserve’s dovish stance and ongoing geopolitical uncertainties, heightened volatility in Gold prices is anticipated to persist. We should exercise caution and remain vigilant in this high-volatility environment.
H4 Chart:
GOLD (XAUUSD): Your Trading Plan Ahead of FED
Ahead of FED Powell Speech today, Gold finally stopped falling.
For now, a key daily support that the price tested earlier holds.
To catch a pullback trade from that, pay attention to an inverted
cup & handle pattern on an hourly time frame.
Wait for a bullish breakout of its neckline - an hourly candle close above
that will give you a strong bullish signal.
A pullback will be excepted at least to 2580 level then.
Alternatively, a daily candle close below the underlined daily support
will be a strong bearish signal.
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