XAUUSD ONE DAY CHART Hello Traders and investor
Xauusd can go buy 2690
It's support will be 2640
Current price 2652
It's 1st target will be 2668
I have placed in the remaining targets in the chart
GOLD trade ideas
Weekly close / recapitulationTechnical analysis: Hourly 4 chart is delivering more clearer structure in times of violent market Volatility and drawdown on Stock markets such as January fractal, and that showcases that the Price-action is Trading on the #4th straight capital candle within the Neutral Rectangle on Hourly 4 chart. As long as the Daily chart’s #MA50 holds and adds durability, current Selling sentiment should be extended towards the #2,652.80 benchmark Support extension and if invalidated, a Lower High’s Lower zone should be tested near #2,627.80 in succession. The Daily chart aswell continues to Trade near healthy Selling levels and the market is just waiting for the Neutral Rectangle to break which may kick-start the aggressive takedown on Gold. I was ready to Sell Gold on spot ahead of the #2,700.80 benchmark break (as I announced the break-out itself should open flood doors towards #2,652.80 benchmark) however I was Highly satisfied with my Profit range / returns for the week and I don't mind I missed Selling sequence.
DX invalidated the Short-term Support, and is dangerously approaching #106.500 Medium-term Resistance zone, so that development alone should ease Buying pressure on Gold.
My position: I am comfortably on sidelines with my capital ready for fresh next week's candles to Profit upon. Weekly closing is on main stage and keep #2,652.80 as your main pointer for both Short and Medium-term. Have a pleasant weekend ahead!
XAUUSD FOR A BUYGold overall direction for me is a buy for my strategy, it has broken my inner bearish channel to continue the up movement. So I'm looking for a buy after the breakout of the resistance.
GOLD MARKET ANALYSIS ☄️Gold market analysis☄️
➡️Gold grew to 2720 and then had a market crash to 2645.
➡️We need the selling force to weaken past the candlestick signals in H1 and H4, then we will Buy, the 2 Buy zones I suggest for you next week: 2636 - 2614
➡️In the long run, gold still has the ability to grow to the $3,000 mark, but before there is strong growth, gold will tend to side ways in the H1 and H4 frames or decrease to create selling momentum and deceive the market. ..
BUY GOLD TO 2690Hi traders would like to share my forecast for XAUUSD Hope you have profitable trade
Gold Trade Plan 13/12/2024Dear Traders,
according my last analysis price dropped 800 Pips from i specified Level ,
2657-2660 we have Strong support , and i expect price will be bounce off to 2700 level,
Reject price from that level ...then Downtrend will continue to 2620-2600-2550
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Gold broke the down trend and retesting it (bullish)Prices is currently above the 200 MA, I also see the price broke the down trend and is retesting The price is currently above the 200 MA. I also noticed that it has broken the downtrend and is now retesting it. If the price breaks through the bearish order block (OB) and successfully retests it, I anticipate it will continue moving upwards and potentially reach the top.
What are your thoughts? Let me know in the comments
GOLD BUYHi Traders
What are you thinking About GOLD.
This Price seems in Buy Side To Top.
Resistance Zone 2700
Support Zone 2663/58
Price will Test Support After Again Rise.
Lets Like and Share Your Minds In Comments .
Weekly XAUUSD analysis, 16 - 20 Dece 2024.Daily TF:
Price swept the LQ from both sides.
-We don't know if the price will continue the swing bearish OF or shift bullish.
Confirmations come from LTF
4H TF:
4H and daily Demand zone + Feb Golden zone.
-Firm area to BUY from.
Confirmation comes from LTF.
15M TF:
- The INT structure is bearish but could shift to confirm the expected bullish move and the 15M swing pullback phase at least.
-This high is strong but we expect it to fail.
Until now 15M swing structure has been bearish If you wanna short from here, wait INT structure
shift first.
Gold Daily trade idea (XAUUSD)As per my analysis from current market price of 2648-49 gold market will be bullish this week and we can take a small risk here with low risk and high reward ratio
GoldXAUUSD ( Gold / U.S Dollar )
Double Top
Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Short Time Frame
XAUUSDXAU/USD, which represents the price of gold against the US dollar, is a widely traded asset in the financial markets. It is often influenced by factors such as interest rates, geopolitical tensions, and economic data. Traders consider it a safe-haven asset, particularly during periods of uncertainty, making it a key indicator of market sentiment.
XAUUSD Long Hi guys!
We have a beautiful Long opportunity on Gold right now.
Let's see how it plays out!
Enjoy your profit!
Gold on killing streakMarket completed its inverse M pattern and gives the retest of its bottle neck which we grab the opportunity of 300 pips yesterday.
What scanarios we have now?
As i entered on bearish volume trade from 2668 area with very strict stoploss of 2671.
My optimal traget will be 2652 area for today.
Gold trading opportunitiesFocus on trading around the red area. If it falls to the green area, there is a high probability of a rebound, which can be used as a key buying opportunity.
XAUUSDLooking at this chart shows a double-top pattern and implies that we will probably experience an ignoring price below $2600.
SCALPING XAU ! Break 2676 and retest entry SELLSCALPING XAU / USD
⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Anticipation of a more cautious stance from the Federal Reserve (Fed) supports US Treasury bond yields and helps the US Dollar maintain its weekly rise to a new monthly high, which could limit gains for the lower-yielding gold. Investors are now focused on the upcoming FOMC policy decision next week, seeking clarity on the US interest rate outlook. This decision is expected to influence USD demand and provide clearer direction for XAU/USD.
⭐️Personal comments NOVA:
Continue correcting below the 2670 zone, break out and wait for the SELL retest point at 2676
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone: $2676 - $2678 SL $2681 scalping
TP1: $2672
TP2: $2665
TP3: $2660
⭐️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
GOLD BUY/SELL TRADESXauusd is approaching its support which is @ 2625.
If 4 hr candle rejects support than Buy with Target @ 2718.
If 4 hr candle closes below support than Sell with Target @ 2545.
Sl 1 % of your account.
Buy opportunitySignal: Buy
Instrument: Gold CFDs (XAU/USD)
Entry Price: $2,669.86 (current level or slightly better after confirmation)
Stop Loss: $2,651.20 (below recent support and trendline)
Take Profit: $2,791.20 (based on the target zone marked in the chart)
Risk-Reward Ratio: Approximately 1:6
Technical Analysis:
Trendline Breakout: The price has retraced to test a descending trendline as support, which was previously a resistance.
Support Zone: Visible support at $2,659 - $2,651 aligns with historical levels and the current price structure.
Momentum Indicator (SQZMOM_LB): Transitioning from negative (red) to positive (green), indicating bullish momentum is building.
Volume Profile: High volume nodes below current levels suggest strong support.
Gold Weekly Summary and Forecast 12/15/2024Gold is very naughty in the past week. It broke 2650 resistance first and went up all the way to 2720. From 2720, it dropped almost non-stop below 2650 again.
Eventually, we have a pin bar on 2W TF. This signals a strong move ahead. I am expecting a very heavy fall next week, maybe all the way to 2500 and below.
I will engage mostly selling orders next week in this bearish environment.
Let's see what lower timeframe opportunity we will have next week. Stay tuned!
xau/usd continuation sell of from $2,678Gold has been showing clear structure to the downside on the 1H. However, on the 4H time frames and above we didn't actually see price further BOS to the downside buy rather it pushed back up the 8H imbalance to create EQH liquidity. This makes me wonder whether or not we will see a last push up from Gold before price then makes it way further down.
However, this week we can be sure to catch some sells on gold as we see a lot of bearish indication on the lower time frames. I am expecting for price to open and consolidate before it takes the ASH and potentially fails the 30min supply zones i have before reacting from the 6H supply. It is also possible that price may want to fill the 6h Imbalance above and actually react from the 4H supply instead.
If price truly wishes to respect these Asian highs and simply further react without having a significant retracement then I can potentially expect price to react from these lower time frame 30min supply order blocks.
Could the price bounce from here?The Gold (XAU/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance.
Pivot: 2,657.81
1st Support: 2,627.26
1st Resistance: 2,713.51
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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