Toward a h1 higher high with buy side liquidity ?I think that the price could go to a h1 higher high at 2708.
In m1 there is an OB followed by 2 FVG (BISI).
XAUUSD trade ideas
Gold pure price action analysisIn tht i analysis base on pure chart what he can tell us follow for more analysis
Intra-Day Strategies Part 2: Breakout Momentum
Welcome to Part 2 of our intra-day series, where we shift our focus to breakout momentum. By syncing with natural price cycles—from quiet, narrow bands to fast, directional shifts—breakout momentum trading aims to seize short-term bursts of momentum with precision.
What is Breakout Momentum?
Breakout momentum is the initial surge in volatility when prices break out from a narrow range. Markets typically alternate between periods of contraction (when price hovers within a narrow band) and expansion (when prices break out, igniting higher volatility). Breakout momentum traders look to capitalise on these expansion phases as soon as they start, harnessing momentum for short-term trades.
By focusing on these natural cycles, breakout momentum trades seek to capture brief but significant price shifts. Here’s a closer look at how to identify these setups and execute them effectively.
Applying Breakout Momentum on a 5-Minute Chart
Step 1: Identify a Contraction Phase
The first step is spotting a contraction phase, visible as a tight, sideways range on the 5-minute chart. Look for:
• Range-Bound Price Action: Price consolidates within a defined range, with minimal directional movement. Tighter ranges suggest that an expansion may be imminent.
• Low Volume: Contraction phases often coincide with lower-than-average volume, signalling reduced buying or selling pressure.
• Declining ATR (Average True Range): The ATR, an indicator of volatility, may decline or stabilize at a lower level during this phase, indicating limited price movement.
Identifying this "contraction zone" is essential for recognising potential breakout setups. The longer price remains in this phase, the stronger the breakout can be.
Step 2: Check Market Structure
After identifying a contraction zone, examine the market structure to confirm that the breakout has room to move. This means analysing nearby support and resistance levels to ensure there’s enough “headroom” (for an upside breakout) or “downside space” (for a downside breakout) for momentum to develop.
• Assess Resistance for Upside Breakouts: If you're anticipating a bullish breakout, check for any immediate resistance levels above the contraction range. Strong resistance just beyond the breakout point could limit the trade’s potential if it leads to a reversal or stalls momentum.
• Review Support for Downside Breakouts: For bearish breakouts, look below the contraction zone to identify any major support levels that might slow or halt downward momentum. Clear space below can indicate a better setup with room for the price to fall freely.
By checking the market structure, you set up breakout trades with a clearer path, minimizing the risk of false starts from nearby resistance or support levels.
Step 3: Entering on the Breakout
With contraction and momentum confirmed, enter the trade as the breakout begins:
• Price Breaks Out of Range: Go long if the price moves above the contraction range’s resistance or short if it drops below support. A strong breakout candle reinforces the signal.
• Volume Surge: Ensure that volume increases substantially with the breakout, as this confirms broad buying or selling interest.
• Candlestick Patterns for Extra Confirmation: If you see a bullish engulfing pattern for an upside breakout or a bearish engulfing for a downside breakout, this can add extra validation to your entry.
Example 1: Gold (XAU/USD) 5-Minute Chart
Gold (XAU/USD) shows a tight consolidation phase on the 5-minute chart, followed by a clear breakout. A surge in ATR and volume confirm the momentum.
Past performance is not a reliable indicator of future results
Example 2: Apple (AAPL) 5-Minute Chart
In Apple’s case, a similar pattern emerges but on the short side, with price contracting before a sharp breakout to the downside. Confirmation indicators reinforce the move’s strength.
Past performance is not a reliable indicator of future results
Managing the Trade
Trade management is vital in breakout momentum trading, as reversals can happen quickly.
• Stop Placement: Position stops just outside the range—below support for long trades or above resistance for short trades. This limits risk and enables swift exits if the breakout falters.
• Profit Target: Aim for a 1:2 risk-to-reward ratio, or use the ATR to gauge a realistic target based on the breakout’s momentum.
• Trailing Stop: If the trade moves in your favour, use a trailing stop to lock in profits while allowing for further movement, especially if momentum remains strong.
Tips for Effective Breakout Momentum Trading
• Focus on High-Volume Sessions: Breakouts in high-volume trading hours, like the NYSE or LSE open, tend to be stronger and more sustained.
• Use Confirmation Indicators to Avoid Fakeouts: Range-bound markets can produce false breakouts, so use indicators like volume and ATR to validate the breakout’s strength.
• Stay Focused with Limited Screen Time: Momentum trades demand quick thinking and focus. Short, focused sessions can improve decision-making and help avoid fatigue.
Breakout momentum trading aligns with the natural volatility cycles of the market, allowing you to capture the momentum that follows narrow ranges. In Part 3, we’ll cover trend continuation strategies, offering a balance of momentum and patience.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
XAU/USD 07 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As highlighted in my analysis dated 31 October 2024: We should remain aware that the daily timeframe has been showing early signs of a potential bearish pullback phase initiation, suggesting that price could print a bearish iBOS despite H4 internal structure being bullish.
This printed as anticipated, with price printing a bearish iBOS that also confirmed the swing structure.
Price is now trading within an established swing range.
Intraday Expectation: Price is expected to print a bullish CHoCH, indicating the start of a bullish pullback phase.
Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As detailed in yesterday's intraday analysis dated 06 November 2024, I noted that price was expected to target the weak internal low.
Price printed to this expectation, successfully targeting the weak internal low and printing a bearish iBOS.
Following this, price has printed an additional bearish iBOS and a bullish CHoCH, confirming the internal range.
Intraday Expectation: Price is anticipated to target the weak internal low after reacting from either the premium of 50% EQ or the M15 supply zone.
Note: Considering the Fed’s softer stance, and rising geopolitical tensions, price volatility is likely to remain elevated.
M15 Chart:
Gold Longs Before The Shorts Gold expected to buy before we continue shorting, watch my video for my thought process behind why I speculate gold to go long before shorting.
GOLD-BUY strategy - 6 hourlyGOLD has moved lower quite sharply (as expected), however it is oversold short term.
Strategy BUY @ $ 2,650-2,680 and take profit @ $ 2,725 for now.
my opinion about GOLD in daily time framemy opinion about GOLD in daily time frame
we have 3 scenario for it .
in all of theme , we may have a short correction .
be careful
The situation of gold in the coming weeks, correction or new H?The situation of gold in the coming weeks, correction or new ceiling?
According to the chart in the weekly long time frame, we have the hanged man candle, which is confirmed by a big red candle.
Considering the fundamental conditions of the US presidential election, the growth of gold in recent weeks, the announcement of the US interest rate today, we may see a correction for gold, this precious metal.
Profit from existing positions with capital management.
good luck
Few things can happen for GoldGood drop because of tight election night so here is the way gold can do;
It need to break Resistance 2,663 | 2,685 & 2,700.
If it breaks those 3 resistance the but will remain strong and will hit back to 2,725 thru 2,765 zone.
If you are in the buy now please be very careful and cautious cuz the resistance are very tight.
2,650 is a pretty strong support along with 2,640 & 2,625.. the buyers should be just fine.
Please be cautious and dont put SL too far; place at least %12-14.5 percent away from your entry so you wont lose much.
SL : 2,660.70 or 2,659.75
I known its close but it can spike pretty quickly before you know it.
So please use proper risk management
Lets make this money
XAUUSD - AnalysisMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key liquidity level and left untouched level lower.
But to take more statistically more probable trades we should wait for some time of lower timeframe confirmation. For me the best way to confirm higher timeframe context is structure.
We can notice the break of market structure (sign of weakness) on key liquidity level, so there is a higher probability to see price lower at least on opposite level (marked lower).
Your success is determined solely by your ability to consistently follow the same principles.
Gold Wave Analysis 6 November 2024
- Gold broke support area
- Likely to fall to support level 2600.00
Gold recently broke the support area located at the intersection of the support level 2680.00 (former monthly high from September), support trendline of the daily up channel from September and the 61.8% Fibonacci correction of the upward impulse 1 from the start of October.
The breakout of this support area accelerated the active minor ABC correction from the end of November.
Gold can be expected to fall further to the next support level 2600.00 (which stopped the previous intermediate correction (4) in October).
Can go higher or this is it?Hi there!
Trump was wins! It can be the start of USD strengthening?
What's next?
All conditions for reversal are ready but sure price always can go little higher!
Good luck traders
XAU/USD 06 November 2024 Intraday AnalysisH4 Analysis:
Analysis/bias remains the same as analysis dated 31 October 2024
-> Swing: Bullish.
-> Internal: Bullish.
Gold’s rally persists, driven by the Fed’s dovish stance and heightened geopolitical tensions, strengthening its safe-haven appeal.
Price has recently printed higher highs, bringing CHoCH positioning significantly closer to current price level. A bearish CHoCH has printed, signaling the first indication, though not a confirmation, of a potential bearish pullback phase initiation.
Price is now trading within an established internal range.
Intraday Expectation: Price is expected to continue bearish, potentially reacting at the H4 demand zone or the discount of the H4 internal 50% EQ before targeting the weak internal high.
We should however remain mindful that Daily TF is showing very early signs of bearish pullback phase initiation. Therefore, price could potentially print a bearish iBOS.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As outlined in yesterday's intraday analysis dated 05 November 2024, I mentioned that price was expected to target the weak internal low.
Price printed to this expectation, successfully targeting the weak internal low and printing a bearish iBOS.
While price has not yet printed a bullish CHoCH, it has moved up to the premium of 50% EQ, allowing me to confirm the internal structure.
Intraday Expectation: Price is anticipated to target the weak internal low.
Note: Given the ongoing Presidential elections, the Fed’s softer stance, and heightened geopolitical tensions, price is expected to remain highly volatile.
M15 Chart:
XAUUSD - Gold 3Month (quarterly)Overview:
Gold and silver have performed remarkablely in 2024, emerging as the two best-performing assets of the year. Precious metals often serve as safe-haven assets during times of economic uncertainty, and this year has proven no exception. Investors have flocked to them as hedges against inflation and market volatility, helping to drive their values upward.
By the end of October, silver had surged by 42.4 percent, a dramatic increase that reflects growing demand and limited supply. Gold, similarly, has gained 33.7 percent, solidifying its role as a reliable store of value. These gains in the precious metals market outpaced other commodities and most traditional financial assets.
For comparison, the NASDAQ—the best-performing stock index—has gained 24 percent over the same period. This robust performance in the NASDAQ reflects strength in technology stocks, yet it still falls short of the exceptional growth observed in gold and silver. Such trends highlight the unique appeal of precious metals, especially during periods of market turbulence and geopolitical tension.
Watch the RSI as another blue candle will indicate a Q4 bullish momentum that may continue into the New Year. As for a Red Q4 Candle... This may push the RSI below the 80, creating a bearish Divergence in the LONG term. This Pullback may even look like a trend reversal. Keep in mind a healthy market needs to retrace.
Key Levels:
2450
2315
2235
(Support)
GOLD NEXT MOVE (waiting for NFP news) (04-10-2024)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (04-10-2024)
Current price- 2 NA
taken action once our zones got hit
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
GOLD NEXT MOVE (expecting a bearish move) (03-10-2024)Go through the analysis carefully and do trade accordingly.
Anup 'BIAS for the day (03-10-2024)
Current price- 2649
"if Price stays below 2665, then next target is 2639 and 2625 and above that 2675".
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
Selling Level is defined IN #Gold #XAUUSDHello trader's
here is your gold trading level for intraday so trade smartly
when you find a good selling candel over my marked level ,,
and avoid aggressive buying
Reason is low volume buying ..
and don't miss to follow or like this page..
This is for your learning purpose
GOLDThis is my opinion with technical analysis
Please respect the following rules:
1- Risk management .
2. Have your own strategy
GOLDgold analysis
Time frame of 4 hours
Considering that the 4-hour time frame of gold is still bullish, you can look for buying deals when the price reaches the specified area.
Gold price will reach 2800 this weekLast week, gold's direction was strongly influenced by concerns surrounding the race for the White House by former President Donald Trump and Vice President Kamala Harris and the conflict in the Middle East and expectations of the US Federal Reserve. (Fed) will continue to cut interest rates at the upcoming policy meeting. This week, the US election and the US Central Bank's interest rate decision will dominate the sentiment in this precious metals market.
Both experts and retail investors say that it is difficult to predict the direction of gold this week, because this precious metal is still influenced by the situation in the Middle East, the US election and the civil war. Fed policy meeting. SIA Wealth Management market strategist Colin Cieszynski said that gold is at $2,750 an ounce and appears to be starting a normal consolidation process, but the underlying long-term uptrend remains intact until now. Now.
However, the appeal of this precious metal is still maintained and the price reached 2,800 USD/ounce last week. This shows the strong resistance of this precious metal.
The gold market will stabilize after the electionThe focus of the financial market is the US presidential election, which is about to enter a key moment. According to poll results, former President Donald Trump and Vice President Kamala Harris compete fiercely. However, investors are taking cues from the betting market, which has shifted in Mr. Trump's favor.
The USD hit a 3-month high on data showing the US economy remains strong and Trump's victory is likely.
Fed policymakers are almost certain the US Federal Reserve (Fed) will cut interest rates at its November meeting. The Fed's next policy meeting is expected to begin immediately after the election US President on November 5. The Fed's first rate cut in September brought the policy rate down to a range of 4.75-5%.
Data released last week showed that the core personal consumption expenditure index (excluding food and energy prices) increased 2.7% in 12 months. Inflation has remained at this level for the past 3 months.
🔥 XAUUSD BUY LIMIT 2733 - 2731🔥
✔️ TP1: 2755
✔️ TP2: 2765
✔️ TP3: OPEN
🚫SL: 2724
🔥 XAUUSD SELL LIMIT 2753 - 2751🔥
✔️ TP1: 2745
✔️ TP2: 2735
✔️ TP3: OPEN
🚫SL: 2760
GOLD D1d th3 buy3rs w1n?Hello.The US 1s 3xp3r13ncing an acc3lerat3d d3t3r1orat1on of 1ts public account and this should soon b3 s33n on the US tok3n.
