GOLD / XAUSUD TodayGOLD / XAUSUD Today looks like potential to more down
This is my view
It is end of year and better is keep away from chart
GOLDCFD trade ideas
XAUUSD ANALYSISHello traders i am going to share my idea on xauusd. kindly share your ideas on analysis.
In my opinion gold can move for short because gold is currently in sell trend now. it is possible that it will touch 2585 now..
Keypoints
entry point 2615
Target 2585
like and follow me for more ideas ...
Gold sell long term and short termSell gold at the current price with a stop loss at 2621 (190 pips) and take profit at 2560, 2532, and 2515.
Gold trading zones: 20-Dec-2024Today’s Gold trading zones: For educational purposes only, use at your own risk.
XAUUSD downside target 2560On the 4-hour chart, XAUUSD maintains a volatile downward trend. At present, attention can be paid to the resistance near 2626. If the rebound does not break, the bearish strategy can be maintained. The downward target is around 2560. After breaking, the support below is around 2536.
different between OB without inducement and OB with inducement different between OB without inducement and OB with inducement
Gold: Examining Upcoming Targets and Supply Zones As anticipated in the previous analysis, gold experienced a decline. However, it appears another corrective wave, effectively wave C, may still be ahead. Before the next drop, a slight upward movement in gold prices is not unlikely, allowing sellers to re-enter the market.
On the 4-hour time frame, supply zones have been identified. Gold may rise to around $2,660, or alternatively, to $2,680 before resuming its decline. The $2,560 demand zone is the first key support and a potential bearish target for gold.
Gold Trade Plan 18/12/2024(500 Pips Down)!!!!Dear Traders,
Gold price still Range between 2635-2650 .
i Mixed Classic Pattern&Price Action in chart,
1-Head&Shoulder Target : 2670
2-(0.38 Fibo Level : 2669)
3- Fibonacci TrendBase Extention : 2672
4- Clean Order block 2672 Area ,
5-(wave 3 Minor(almost completed) and we will have some correction to UP)
Totally : 2670-2672 is very Safe for Sell to target 2615-2620 ( for tonight)
"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!
Xauusd (GOLD): I am thinking to short positionshello guys!
let's analyze GOLD
Liquidity Hunted:
The chart highlights a liquidity grab near the recent high (marked as hunted), where the price spiked above resistance before reversing sharply.
Downtrend Movement:
Gold has shown strong bearish momentum, breaking below a rising trendline and key support levels.
A continuation toward the gray demand zone around $2,585–$2,595 is likely.
Key Demand Zone:
The gray highlighted area is the next potential support, where buyers may step in to halt the decline.
Scenarios:
Scenario 1: If the price respects the demand zone, a short-term bullish rebound towards $2,620–$2,630 can occur.
Scenario 2: Failure to hold the demand zone could push Gold further down toward the blue support area near $2,539–$2,535.
Conclusion:
Gold is currently bearish, with a strong possibility of reaching the demand zone at $2,585–$2,595. Traders should monitor this level for signs of a reversal or continuation, with $2,539 as the next downside target if support fails.
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEKHey Everyone,
Please see our updated 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 2666and a gap below at 2645. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2666
EMA5 CROSS AND LOCK ABOVE 2666 WILL OPEN THE FOLLOWING BULLISH TARGET
2682
EMA5 CROSS AND LOCK ABOVE 2682 WILL OPEN THE FOLLOWING BULLISH TARGET
2697
EMA5 CROSS AND LOCK ABOVE 2697 WILL OPEN THE FOLLOWING BULLISH TARGET
2719
BEARISH TARGETS
2645
EMA5 CROSS AND LOCK BELOW 2645 WILL OPEN THE FOLLOWING BEARISH TARGET
2628
EMA5 CROSS AND LOCK BELOW 2628 WILL OPEN THE SWING RANGE
SWING RANGE
2606 - 2586
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
Gold Trading Zones: 18-Dec-2024Good morning Traders! Improve your trading strategy with our Gold zones. Understand market dynamics and make informed decisions.
XAUUSDGOLD is trading around 2,602. bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue. Gold is trading around 2,602. Bouncing off the low of 2,582. Now the price is above 2,600 which means it could continue its rise in the next few hours and reach the 21 SMA around 2,645.
Technically, XAU/USD is below the key pivot point located at 2,656 which means that it could reach the 200 EMA located at 2,512 in the short term and even reach the psychological level of $2,500.
Our outlook is bearish, so we will look for opportunities to sell below 2,590.
Besides, in case it bounces back to 4/8 Murray, it will be seen as an opportunity to sell.
Technically, we can see that gold has reached oversold levels on the 4H chart.
The gap left at 2,562 remains to be covered. All this means that gold could make a strong fall and then make a sustained technical rebound.
Our trading plan for the next few hours is to sell gold if it falls below 2,590 or buy above 2,600 with targets at 2,645 and 2,656.
Gold 1H Intra-Day Chart 20.12.2024Our original sell target of $2,580 got smashed! Here is what I am looking for next;
Option 1: Gold takes another dive down towards $2,580 again, followed by $2,560.
Option 2:Gld ranges within a tight zone over the Christmas period, due to low volume in the markets.
SILVER BULLET STRATEGY USING SMART MONEY CONCEPTHere on this video i show you how you can use silver bullet strategy to make profit in the market . This strategy is very simple and you need to follow the rule very well .
Gold entered into a bearish structureHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
My Best analysis
"Gold (XAU/USD) is trading near a critical resistance zone. A potential upward move targets 2,642.713, with a stop-loss set at 2,594.089 to manage risk. Monitor closely for price action around the resistance zone for confirmation."
XAUUSD Downtrend market structure on 4HTFThe market has confirmed a downtrend market structure on the 4-hour timeframe and is currently heading towards my first resistance level which could potentially sell the market. I will await further entry confirmation/confluence when the market opens again.
XAU/USD : LONG, SHORT, LONG! (READ THE CAPTION)Analyzing the #Gold chart in the 4-hour timeframe, we observe that the price failed to maintain its bullish momentum yesterday. With news favoring the dollar index, gold experienced further declines, reaching $2664 so far. Now, we can expect an upward correction, likely followed by another drop before gold resumes its rally towards levels above $2700. This analysis will be updated further, so stay tuned and follow step by step!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Gold BULLISH SCENARIO .read description .gold View for BULLISH SCENARIO . might be the next ATH ?
going to sweep the marked tops by closing above 2627.3
then we expecting a retrace around 2664 .
based on what we get on the way we will update the view .
but overall closing above 2715 for few days should take us to ATH as shown in prev idea .
(( this is only for BULLISH SCENARIO )) - for bearish one if we closed below the last low 2540 we going down deep 2471 .
GOLD --> The Downtrend Persists. What’s the Next Target?Dear Friends,
Gold has seen a modest rise amidst a broader bearish trend, currently trading around $2,617, up 1.27% on the day.
This slight uptick can be attributed to sellers pausing their pressure, coupled with the fundamental appeal of gold increasing. As the opportunity cost of holding the non-yielding precious metal decreases due to lower interest rates, gold becomes more attractive.
However, the Federal Reserve's cautious outlook on rate cuts—suggesting smaller reductions than expected next year—could weigh on gold's upward momentum.
Additionally, US Treasury yields edged higher on December 18, with the 10-year yield reaching its highest level since May. Treasuries, often considered a direct competitor to gold due to their interest-bearing nature, could diminish gold's appeal if yields continue to rise.
Ben personally advises waiting for a decisive candle close below the 2636 liquidity zone before taking further advantage of the market trend.
Buy then Sell!Hello All- Market rebound from an LOZ and it needs a Br Node to Collapse. then market will go up through BR Node and then collapse (wink)
GOLD sell setup If you’re planning a **sell entry at 2630** for gold, here’s a detailed plan for your setup:
---
### **Sell Entry at 2630**
#### **Rationale for 2630 Entry**:
1. **Resistance Zone**:
- 2630 is a psychological and technical resistance level where sellers might dominate.
2. **Overextension**:
- If gold reaches this level after a strong upward move, it could indicate overbought conditions and exhaustion.
3. **Market Sentiment**:
- Failure to sustain above 2630 would confirm bearish sentiment and likely trigger selling pressure.
---
### **Trade Setup Details**
#### **Entry**:
- **Sell at 2630**, ideally after confirming a rejection (e.g., bearish candlestick patterns like a shooting star, bearish engulfing, or strong wick rejections).
#### **Stop Loss**:
- Place the stop loss slightly above 2635 to protect against false breakouts.
- Alternatively, use the ATR (Average True Range) to calculate a dynamic stop.
#### **Take-Profit Targets**:
1. **Target 1**: 2620
- This is the next key support and provides a conservative risk-reward.
2. **Target 2**: 2608
- A strong support zone where buyers might re-enter.
3. **Target 3**: 2600
- If the bearish momentum is strong, this level could be reached.
---
### **Confirmation Signals Before Entry**
1. **Candlestick Patterns**:
- Look for a rejection near 2630 with patterns such as:
- Shooting Star
- Evening Star
- Bearish Engulfing
2. **Momentum Indicators**:
- **RSI**: Overbought readings (above 70) near 2630 confirm exhaustion.
- **MACD**: A bearish crossover or divergence around 2630 strengthens the sell case.
3. **Volume Analysis**:
- Declining volume on the move up to 2630 indicates a weakening bullish trend.
---
### **Risk Management**
- **Risk-to-Reward Ratio**: Aim for at least 1:2 or 1:3 to ensure a favorable outcome.
- Avoid entering immediately if price breaks above 2630 without signs of rejection.
---
### **Fundamental Watch**
1. **DXY Correlation**:
- If the DXY strengthens (moving toward 108.100), it aligns with a bearish gold move.
2. **Economic Data**:
- Monitor for any major data releases (e.g., U.S. GDP, inflation data, or Federal Reserve comments) that could influence gold prices.
CAPITALCOM:GOLD
-
