XAUUSDK trade ideas
XAUUSD . market target 2612 entry point 2624 stop loss 2632Here's a summary of your trade plan for XAU/USD (Gold/US Dollar):
Trade Plan
1. _Target_: $2612
2. _Entry Point_: $2624
3. _Stop Loss_: $2632
Your plan indicates a bearish outlook, expecting the gold price to drop from the entry point to the target.
Key Considerations
1. _Risk Management_: Ensure you're managing risk with proper position sizing.
2. _Market Conditions_: Monitor market conditions, including economic indicators, geopolitical events, and technical analysis.
3. _Trade Adjustment_: Be prepared to adjust your trade plan if market conditions change.
Would you like me to provide current XAU/USD market data, analysis, or insights?
xauusd market 2611 target possible HELLO TRADERS WHAT ABOUT THINK GOLD? MY ANALYISIS GOLD TARGET 2611 SO BI ALERT AND SEE MY TARGET STOPLOSS SET TRADE 2635 Here's a summary of your updated XAU/USD trade plan:
Trade Plan
- Entry Point: 2628 (current)
- Target: 2611
- Stop-Loss: 2635
Market Analysis
The XAU/USD is experiencing a minor correction, driven by a short-term strengthening of the US dollar.
Technical Analysis
- RSI Indicator: The Relative Strength Index (RSI) is below 50, indicating a short-term bearish momentum.
- Moving Averages: The 50-day moving average is trending downwards, supporting the bearish view.
- Resistance Levels: The resistance levels at 2635 and 2640 could provide a selling opportunity in case of a bounce.
Risk Management
- Risk-Reward Ratio: Your risk-reward ratio is approximately 1:1.7, which is relatively conservative.
- Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size.
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GoldXAUUSD ( Gold / U.S Dollar )
Double Top
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
Fibonacci Level - 38.20% / 50.00%
Completed " 123 " Impulsive Waves
Gold trading brief: 23-Dec-2024Your daily Gold trading briefing: Zones, insights, and opportunities.
HOW TO INDENTIFY INSTITUTIONAL CANDLESHere in this video i show you how you can trade using institutional candles so you can make more profit and stop losing much. Watch the video and see how it works.
Gold 1H Intra-Day Chart 18.12.2024Here is what I am looking for next;
Option 1: Gold keeps dropping in its bear trend. Our target is $2,580. You can see the zig zag move Gold is creating. We saw a break below + retest so should continue now.
Gold Market Update: Imbalance Liquidation Targets $2620–$2580Gold continues to align with the imbalance liquidation between $2620 and $2580. The recent prominent support at $2605 is under pressure; if it fails to hold, further sweeps around $2619 could occur. The bearish momentum remains intact, aiming to secure weekly demands below the $2600 level.yall should stay cautious, hedge along, and prepare for potential volatility as the market seeks equilibrium. follow for more insights comment and boost idea
xauusd is buyGold has a rally to 2620 and this move started at 2593 which is a pullback to a major high from the downtrend line.
GOLD MONTHLY CHART LONG TERM/RANGE ROUTE MAPHey Everyone,
Please see update on our monthly chart idea for our long term/range analysis that we last updated last week on month start.
Last week we stated that this month also started with a detachment to ema5 below for a correction, which was nearly completed and can be pulled up to complete, also highlighted with a small mini circle on the charts for visual purpose.
- This detachment to ema5 was completed perfectly.
We also stated that the area above 2589 is a strong level of support with ema5 providing dynamic support now for a bounce.
- This also played out perfectly with ema5 providing dynamic support and above our 2589 support level for the push up, perfectly hitting our axis target 2702.
We will wait for month end to look for a body close above 2702for a further continuation or if momentum allows to compete the axis targets above before hand.
However, we will keep in mind the channel top that may require a support test. We will continue to use all support structures, across all our multi time frame chart ideas to buy dips also keeping in mind our long term gaps above. Short term we may look bearish but looking at the monthly chart allows us to see the bigger picture and the overall long term Bullish trend.
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 DAILY CHART MID/LONG TERM UPDATEHey Everyone,
Please see the daily chart update we have been trading and tracking for a while now, to give you all an overall view of the range.
After completing a nice run of bull targets over the last few months, we last updated this chart stating we were playing between two weighted levels 2629 and 2686 and 2629 was still providing support with no ema5 lock below leaving a the gap open again at 2686.
2686 was hit again last week completing this target one again with no further lock above 2686 confirming the rejection for the move down.
We will continue to see play between 2629 and 2686 until we see a break with ema5 lock to confirm the next range.
We will use our smaller timeframe analysis on the 1H and 4H chart to buy dips from the weighted Goldturns for 30 to 40 pips clean. Ranging markets are perfectly suited for this type of trading, instead of trying to hold longer positions and getting chopped up in the swings up and down in the 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 using our smaller timeframe ideas.
Our long term bias is Bullish and therefore we look forward to drops like this, which allows us to continue to use our smaller timeframes to buy dips using our levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top.
Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
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XAUUSD Gold trades in a narrow channel above $2,600 on Tuesday, albeit lacking strong follow-through buying. Geopolitical tensions and trade war fears lend support to the safe-haven XAU/USD, while the Fed’s hawkish shift acts as a tailwind for the USD and caps the precious metalGold remains steady near $2,610 as the US Dollar continues to strengthen.
Fed signals fewer rate cuts next year, reducing upward pressure on Gold.
XAU/USD faces downward pressure as it tests 100-day SMA supportThe Gold price remains relatively steady around the $2,611 mark, as market participants adjust to a more cautious outlook on US interest rates. The broader backdrop shows the US Dollar retaining its strength, supported by expectations that the Federal Reserve will adopt a slower pace of rate cuts in the coming year. Fed officials have indicated that fewer rate cuts are likely than previously anticipated, with expectations for the federal funds rate to reach 3.9% by the end of 2025. This shift comes amid a slower disinflation process and the uncertainty surrounding President-elect Donald Trump’s policies on immigration, trade, and taxes
check the trendIt is expected that an upward wave will be formed up to the specified resistance range. Then, considering the price behavior in this range, it is expected that the trend will change and we will see the continuation of the downward trend
XAU/USDThe daily candlestick chart of Gold Spot (XAU/USD) with a bearish AB=CD harmonic pattern. The chart includes Fibonacci retracement levels, RSI indicator, and marked support and resistance zones. This chart is relevant for traders looking for potential reversal points and trading opportunities based on harmonic patterns.
Gold still preparing for it's macro shift to a new yearly candle
Weekly seems to be gravitating to lower levels, clear dealign range and we're sitting in the lower half of it. I predict with everything added coming into the yearly that the new candle will seek for imbalance correction below before finding it's high
Monthly showing clear imbalance zone still resting in the lower portion of September's candle. This is where I believe the new yearly candle will want to reach
XAUUSD 99% confirm Gold (XAU/USD) is trading with a moderate positive tone on Friday following the sharp sell-off earlier this week. Cooler-than-expected US Personal Consumption Expenditures (PCE) Price Index data on Friday has increased selling pressure on the US Dollar, although the precious metal is struggling to put a significant distance from the one-month lows hit this weekPCE Inflation has increased 0.1% in November, against expectations of a 0.2% increment. The yearly rate accelerated to 2.4% from the previous month's 2.3% reading, still below the 2.5% anticipated by the market consensus. Likewise, the Core PCE eased to 0.1% from 0.3% in October while the yearly inflation remained steady at 2,8% against market expectations of an uptick to 2.9%from heavily oversold levels. The broader trend, however, remains bearish. The pair is struggling to find acceptance above $2,600 and the Relative Strength Index (RSI) in the 4-hour chart remains flat at levels below the 50 threshold, highlighting the bearish momentum.
Immediate resistance is at the $2,605 intra-day high, with the key resistance area to challenge the bearish trend at the $2,625-$2,630 area (November 28, December 2 lows). On the downside, supports are at Wednesday’s low at around $2,580, ahead of November’s trough at $2,540.
XAU/USD - Sell Limit Opportunity After Liquidity GrabGold (XAU/USD) has reached a key liquidity zone above resistance, setting up a potential sell limit opportunity. This move reflects a classic liquidity grab, where smart money clears stop-losses before reversing the market.
Key Observations:
Liquidity Sweep: Price action spiked above a significant resistance level, triggering stop-losses and trapping buyers, suggesting a potential reversal.
Market Structure: Bearish signals, including rejection candles and waning momentum, indicate a possible downside move.
Optimal Entry: A sell limit at aligns with the liquidity grab and anticipated reversal zone.
Trade Plan:
Entry: Sell limit at , positioned for a move downward from the liquidity zone.
Stop Loss: Above the liquidity sweep to account for market volatility.
Take Profit: Targeting key support levels around for a favorable risk-reward ratio.
Risk Management:
This setup leverages the liquidity sweep for a high-probability trade, but disciplined risk management is crucial. Monitor for confirmation of bearish momentum before full execution.
FOMC News Release Today Where Does Gold will MoveXAUUSD/GOLD According to the Gold Market will Fall more because of FOMC News Release in he Gold market so Market Condition is High In news time.
If the FOMC Signals a more hawkish stance Continuing or increasing interest Rates it might lead to a strengthening of the US Dollar and the Pressure on the Gold prices as Higher interest rates tend to make gold less attractive Compared to other investment.
Based on the Price of Gold will fall more Support 2610 to 2600 expecting the Bearish Trend in FOMC News. These are Structure Of FOMC News Reaction.
You Can see more details in the details in the chart Plz support with like and comments for more insights Thanks Dear Traders.
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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Daily Analysis of Gold Ounce to USD – Issue 173The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Lingrid | GOLD Potential Channel BREAKOUT. ShortOANDA:XAUUSD is moving sideways after the recent bearish momentum, forming small range candles which means a pause before the next move. Based on the current behavior, I think the market may initially move above the previous day's high before turning lower towards the support level at 2600. Additionally, the price is testing a global upward trendline that I noted in my previous forecasts. If the upcoming news does not alter the short-term market direction, I expect the price to gain bearish momentum as it approaches the support level. My goal is support zone around 2606
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