GOLD SELL!!!!!Gold sentimental is bearish today, and early morning it just grabbed liquidity of the Asian session high. Now, let's take a short position
We first aim for 1:1 the 1:2 after securing some profits
XAUUSD trade ideas
!!! GOLD !!! - Gold by FibonacciHi,
The beginning of the week indicates that the price will move within the Fibonacci lines
This is just an idea!
Be careful!
gold sell ideagold selling opportunity from here we xan trade sell now with a target of 200pips please follow risk management and dont trade greedy be carefull this is gold market highly volatility here
Gold Buy Limit OrderDear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
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.
Possibility of uptrend It is expected that a trend change will be formed in the support range and the support trend line and we will see the beginning of the upward trend. If the price crosses the 100% level, the above scenario will be invalid
GOLD (LONG)This is my thoughts on gold currently. I explain what I need to see before entering for a buy so please be sure to watch the whole video.
XAUUSD SELL PROJECTION We can see price was in an uptrend, but changed character and we downtrend, there will be a continuation of that downtrend.
Bearish drop?The Gold (XAU/USD) is rising towards the pivot which is a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 2,665.31
1st Support: 2,628.12
1st Resistance: 2,690.20
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GOLD FURTHER SELL OFF?! (UPDATE)Gold has been dropping further down this morning, creating a new weekly low. We are now in the lower bound of the channel again & pretty much close to completion of the 'Flat Correction' wave. Wave 3 in full effect now📉
Gold on Sell values / Selling order engagedTechnical analysis: The former Support of #2,652.80 (Xau-Usd Spot) has turned into a Resistance in a symmetrical manner as it has done on December #5 fractal, as Gold is eyeing even Lower level. The Resistance zone is at #2,648.80 - #2,652.80 on Hourly 4 chart however looking at the wider time-frame of Daily chart’s Descending Channel and the Higher High’s former trendline, I am expecting a decline around #2,627.80 if #2,640.80 pressure point preserves the downtrend. After that it is anybody's guess but Technically, Gold should see a similar pullback to November #25 Low's again in extension, way below #2,652.80 psychological benchmark (Medium-term decline). However, no changes on the Daily perspective as the Price-action remains Neutral above the Hourly 4 chart’s Support for the session and below the Short-term Resistance, as DX paused the downtrend. #2,652.80 - #2,662.80 should represent ultimate Top for the fractal since Gold already negated (#60%) of gains delivered on current Buying sequence, as Gold currently isolated within #2 Short-term benchmarks (typical Support and Resistance pricing). My aim is roughly #2,622.80 - #2,627.80 Support zone which can be correlated to the Technical Lower High's Upper zone within (will be then) invalidated Ascending Channel. As noted on my remarks, current configuration needs to be reviewed on with a Selling entry near Medium-term Selling accumulation zone which accounts for this week and the next Trading week.
My position: Even though I have missed #2,648.80 Selling break-out, I have engaged Selling order with #2,643.80 entry point few moments ago / optimal Target remains #2,627.80 Support in extension. However since #2,642.80 could reverse the Price-action towards #2,648.80 Resistance (break of can restore Short-term uptrend), my Stop is already on breakeven. Since most Traders will Buy #2,642.80, I do believe Gold will extend the decline and trap many Buyers.
Gold Buy Now 100%As we can see, the gold market has been consistently uptrend.
Last month the gold market broke out of the uptrend and made 2537 low.
And this month the gold market has again started an uptrend and in our estimation the market will now go into buy mode.
How to Identify Significant Liquidity Zone in Gold Trading
A liquidity zone is a specific area on a price chart where the market orders concentrate.
In this article, I will teach you how to identify the most significant liquidity zones on Gold chart beyond historical levels.
Liquidity Zones
First, in brief, let's discuss where liquidity concentrates.
Market liquidity concentrates on:
1. Psychological levels
Above, you can see a clear concentration of liquidity around a 2500 psychological level on Gold price chart.
2. Fibonacci levels
In the example above, we can see how 382 retracement of a major bullish impulse attracts market liquidity on Gold XAUUSD daily time frame.
3. Horizontal support and resistance levels and trend lines.
In that case, an area based on a classic support/resistance level was a clear source of market liquidity on Gold.
Significant Liquidity Zone
A significant liquidity zone will be the area where psychological levels, Fibonacci levels, horizontal support and resistance levels and trend lines match .
Please, note that such an area may combine the indicators, or any other technical tools.
Such zones can be easily found even beyond the historic levels.
Look at a price chart on Gold on a daily.
Though the market has just updated the ATH, we can spot the next potentially significant liquidity zone with technical analysis.
We see a perfect intersection of a rising trend line, 2600 psychological level based on round numbers and a Fibonacci extension confluence of 2 recent bullish impulses.
These technical tools will compose a significant liquidity zone.
The idea is that Gold was rallying up because of the excess of demand on the market. We will assume that selling orders will be placed within that liquidity zone and the excess of demand will be absorbed by the supply.
It will make the price AT LEAST stop growing and potentially will trigger a correctional movement.
Learn to recognize such liquidity zones, it will help you a lot in predicting Gold price movements.
❤️Please, support my work with like, thank you!❤️
XAUUSD - sells in play?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for. This is a long-term overview on the pair updated from the previous one.
Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are still using H4 to show you the sells we have in play.
XAUUSD is currently trading at around 2670s .
If you remember our previous long-term view on OANDA:XAUUSD you should remember that after hitting the top of the area at around 2714 (a bit higher) we were automatically looking for sells. We are currently holding a few sell positions at 2680s as the price failed to break higher.
Personal opinion:
The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some massive sell-offs in December before the year of 2024 ends.
KEY NOTES
- XAUUSD completed the predicted long-term move to the upside.
- XAUUSD sells were called at the top of the area (2714).
- XAUUSD failed to break higher and is following the long-term analysis.
Happy trading!
FxPocket
Gold: only a short correction?The price of gold slipped a bit during the previous week, to adjust for the rise of the US Dollar. The highest-lowest trading range was between levels of $2.725 down to $2.650 where the price is closing the week. Still, analysts see this drop in price as only a temporary move, considering the FOMC meeting scheduled for December 18th, where the Fed is expected to cut interest rates by another 25 bps.
The RSI dropped to the level of 48, but is still not clearly indicating that the market is ready for a move toward the oversold market side. The MA50 continues to slow down its divergence from MA200, but the convergence has not started yet. This postpones the potential for a cross in the coming period.
All markets are currently set for a Fed's decision during the week ahead. This might imply some increased volatility during the week. As per current charts there are two possible scenarios for the price of gold for the week ahead. In one case, if the current level of $2.650 is broken toward the downside, then the price will continue its down trend, at least till the $2,6K support line. On the opposite side, if current level sustains, then the price will revert toward the upside, till the $2,7K resistance level.
XAU/USD Tradin Plan For TodayI will be looking at four potential scenarios for today's price movement. The price is currently consolidating near the middle of the range, with a previous day's high (PDH) around 2659 and a previous day's low (PDL) near 2633. Key levels to watch include the local highs and lows marked by the yellow zones.
Key Levels:
PDH (2659): Potential liquidity grab or breakout target for bullish scenarios.
PDL (2633): Major downside liquidity target if bearish pressure dominates.
Local Support Zone (around 2642): A key area for potential bounces or breakdowns.
Local Resistance Zone (around 2649): A significant level to watch for rejection or continuation.
Neutral Bias for now: The price is in a range with no clear directional dominance.
Watch for liquidity sweeps, market structure shifts (MSS), and confirmation signals before entering trades.
Scenarios to Watch:
1.Bullish Breakout (Green Scenario - Top Right):
Plan: If price sweeps local liquidity near 2649 and breaks structure to the upside, look for confirmation on a retest of the yellow zone.
Target: PDH at 2659 or higher.
Confirmation: Break of structure + bullish retest.
2.Bullish Reversal from Support (Green Scenario - Bottom Left):
Plan: If price drops to the 2642 support zone, wait for signs of accumulation (Wyckoff phases) and a structure shift upward.
Target: Local highs around 2649 or PDH at 2659.
Confirmation: Bullish structure shift + FVG retest.
3.Bearish Rejection (Red Scenario - Top Right):
Plan: If price taps into resistance at 2649 but fails to break higher, watch for a bearish structure shift (MSS).
Target: Local support at 2642 or PDL at 2633.
Confirmation: Bearish structure break + retest.
4.Bearish Breakdown (Red Scenario - Bottom Left):
Plan: If price breaks below 2642 support and confirms a bearish retest, expect continuation towards the PDL at 2633.
Target: PDL or lower.
Confirmation: Bearish retest of broken support.
Use M1 for precise entries after liquidity sweeps.
"Patience, precision, and discipline are key. Watch for structure shifts and enter with confidence. Trade safe!"
XAU/USD Expected Last Long Swing trade of year 2024 in Spot Considering the completion of the corrective downside move in gold, we can expect two swing-long trades this month.
Make sure you follow your risk-reward ratio during placing these trades.
Trade no. 1 - Entry - 2636
SL - 2694
TP - 2790
Trade no. 2 - Entry - 2605
SL - 2694
TP - 2790
XAUUSD BUY NOW (READ CAPTION)Today December 24,2024 the technical analysis of gold Against the us dollar regarding a potential buy opportunity .
Technical analysis :
.Resistance Level: Analysts identify key resistance at 2633 ,A breaks above this level could go further upward movement up to 2645-2660.
.Support Levels : Support is noted around 2600-2590.
Technical analysis indicates a Bullish trend for Gold , must share your ideas about my chart ,Like ,comment, and follow for more accurate updates and insights .
XAUUSD BULLISH TRADE ANALYSIShi trader. what do you think about gold.
gold current price is 2604
gold yesterday touch 2626 then gold drop touching 2587 but gold not breakout low 2582. now gold again reject 2587 and gold possible to touch 2624 and 2626.
support zone: 2602. 2595
demand zone 2618.2626
please don't forget like comment snd follow
Technical Analysis of Gold (XAU/USD) 15-Minute Chart
The current price is trading around 2649. A focus on bearish potential below this level could indicate continuing the downward trend if it breaks down further.
A bearish outlook for gold below 2649 with the formation of a head and shoulders pattern coupled with a rising wedge is a significant indication to monitor. If the price tests and breaks below 2645, it could lead to further declines, reinforcing the bearish bias. Always remember to manage risk accordingly and adjust your strategy based on real-time market developments.
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.
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 entered into a bearish structure after breaking channelHello 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
