Goldbuy
Gold Big Move Tomorrow NFP? (BULLISH ACTIVATED) 300 PIPSHey everyone this is your boy Hunbal! I am looking for a NFP huge buy trade ready for Newyork session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in 2 hour time frame so we are hoping a good buy from here (2665) our take profit will be 300 pips 2695 and our stop loss will be 100 pips 2655 I wish we all together print some good money in tomorrow NFP news.
Good Luck :)
GOLD BUY | Idea Trading AnalysisGOLD is moving in an UPWARD channel on ascending channel.
The chart broke through the dynamic resistance, which now acts as support.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Will gold still continue bullish? (Yes until 2690)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for Asian session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in m30 time frame so we are hoping a good buy from here (2650) our take profit will be 300 pips 2680 and our stop loss will be 100 pips 2640 I wish we all together print some money.
Good Luck :)
Bullish Breakout: Time to Buy!hello traders!
ProfitScalper 1H Analysis, Current price: 2662.
Market Overview:
The market is currently in a strong bullish momentum. A key development to note is the successful breakout above the significant resistance level of $2660, with the daily close confirming this upward move. Although a small correction may occur from current levels, the ideal entry for a buy position would be between $2653 and $2648. From there, the price is expected to target $2690 by Friday.
It is recommended to focus on finding buying opportunities today, especially in the area between $2660 and $2654, which could provide favorable entry points for further upside.
Smelling a good buy once again let's see (Bullish Run)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for Asian session XAUUSD is ready for a bull run I have 2 confirmations one the rejection from the support level and second choc in m30 time frame so we are hoping a good buy from here (2648) our take profit will be 100 pips 2658 and our stop loss will be 70 pips 2641 I wish we all together print some money.
Good Luck :)
XAUUSD making an amazing buy run! (Confirmation of buy trade)Hey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session XAUUSD is ready for a bull run I have 2 confirmation one the rejection from the suppoprt level and second choc in m30 time frame so we are hoping a good buy from here (2636) our take profit will be 100 pips 2646 and our stop loss will be 80 pips 2628 I wish we all together print some money.
Good Luck :)
Buy gold, target: 2655-2660Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines.
Additionally, gold has recently shown a tendency for sudden and unpredictable price swings, eliminating a significant portion of positions through repeated shakeouts.This is why I often mention locking profits in time in recent transactions.
In short-term trading, I remain bullish on gold. Therefore, I suggest patiently waiting for a pullback and using the 2640-2630 zone as support to gradually build long positions in gold.
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
XAU/USD Longs from 2,630 or 2,610 back upThis week, my GOLD analysis focuses on the continuation of the bullish trend. Last week, GOLD showed significant bullish momentum, and we can expect the price to retrace into an unmitigated demand zone before resuming its upward direction.
I’ll be watching for the price to tap into either the 7-hour or 4-hour demand zone below. Once it does, I’ll closely monitor lower time frames for confirmation. If the setup aligns, I’ll look to take buy trades with the trend, aiming to clear liquidity resting above.
Confluences for GOLD Buys:
- Recent and overall bullish momentum.
- Unmitigated demand zones near the current price.
- A confirmed break of structure to the upside.
- Significant liquidity above, including Asia highs and imbalances.
Note: As the price approaches a key supply zone, we might see some bearish pressure. This could present an opportunity for a potential counter-trend trade.
Where gold will move after weekend open? (BULLISH ACTIVE & WHY)Hey everyone this is your boy Hunbal! I am looking for a good buy trade ready for asian session gold is ready for a drop I have 1 confirmation one the rejection from the support level and second I am waiting choc in m30 time frame so we are hoping a good buy from here (2632) our take profit will be 100 pips 2642 and our stop loss will be 80 pips 2624. I wish we all together print some money.
Good Luck :)
Gold Bullish Run: Targeting $2,900 - Time to Ride the Wave! 📈 Gold Analysis: Bullish Setup
🟢 Current Price: 2,607
🎯 Take Profit 1: 2,635
🎯 Take Profit 2: 2,680
🎯 Take Profit 3: 2,790
🎯 Take Profit 4: 2,900
🔹 Stop Loss: 2,524
📈 Why This Trade?:
Gold continues to trade within a bullish channel, having broken above 2,144 back in March. With higher highs and higher lows consistently forming, the trend remains strong.
The stop loss is positioned below both the 50MA and recent lows at 2,524, allowing for market fluctuations while keeping risk under control.
⚠️ Risk Management Reminder:
Although the bullish trend remains intact, trends can change quickly. Always apply proper risk management and ensure you’re not over-leveraging. A drop below 2,524 would signal a potential shift in the market, invalidating this setup.
Stay tuned for updates! 🚀
Don't be afraid of pullbacks, buy gold!Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend.
From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance levels at 2635, 2640, and 2655. Based on this bullish momentum, gold still has room to continue rising, with potential targets at 2670-2680 or even 2695.
It is evident that the short-term retracement in gold is likely a consolidation phase to build momentum for the next upward move. Therefore, there’s no need to fear the pullback. If gold retraces to the 2650-2640 zone, I believe this would present a strong buying opportunity to go long.
Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Buy gold with support as defenseBros, the trading journey for the new week starts from this moment.
Gold has gradually pulled back after reaching around 2638 and is currently testing the 2614 level. If the volatility of gold continues to narrow, I believe gold will find support once again in the 2610-2605 region and could potentially rebound back towards the 2620-2630 range. Therefore, in the short term, as long as gold remains above the 2610-2605 support zone, there is a good chance it will rebound again. So, for short-term trading, we can still consider going long on gold.
Bros, are you optimistic about the rebound of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Don't be afraid of gold pullbacks, keep buying goldBros, gold rose as expected. We bought gold near 2625 and 2622 respectively, and closed the position manually near 2636, easily earning 250 pips. Congratulations to my friends who followed me to buy gold!
Gold fell back as expected after touching 2639, but according to the current gold structure, gold has obviously shown strong resistance to falling, and the retracement space is small. Compared with the previous operation structure of gold, this is a typical rising cycle structure, so we still focus on buying gold in trading.
As gold breaks upward, the retracement space below will gradually move up, so I chose to buy gold again near 2628. So when gold falls back to the 2630-2625 area, we might as well boldly buy gold! Bros, are you as long gold as me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Buy gold, TP: 2640-2650Bros, the gold market is affected by the holiday, and the volatility today is not big, but it has clearly shown resistance to decline. Moreover, gold has risen continuously on the daily level and broke through the highest point of the previous day, which shows an effective breakthrough to a certain extent. Therefore, in short-term trading today, long gold is the main choice. However, since gold has not yet escaped the range of shocks, we cannot be too aggressive in trading. We must wait for gold to fall back before going long on gold, or wait for gold to break upward and then go long on gold. Then, first pay attention to the support area of 2620-2615 below; observe the breakthrough of the area of 2630-2635 above.
Bros, are you as bullish on gold as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Buy gold, there is still a chance to rebound to 2640Bros, gold has fallen sharply due to the hawkish rate cut, and the lowest has reached around 2584, and then rebounded; just now, gold touched around 2687 during the second decline, and then rebounded to above 2690, showing signs of building a W double bottom in the structure.
Although the rebound of gold is relatively weak, the downward space is gradually converging. I was optimistic that gold would continue to fall to around 2670, but at present, since gold has signs of forming a W double bottom structure, after consuming a certain amount of short energy, once the W double bottom structure is successfully built, gold may still rebound to 2640 again.
So in trading, I think it is best not to continue to chase short gold in short-term trading. We can go long on gold with the 2590-2580 area as the support area, and the defense position is 2570. So in short-term trading, I am currently more inclined to go long on gold.
Bros, are you as optimistic about the gold rebound as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Go long gold near 2633 as scheduledBros, I have been suggesting that gold is likely to continue to fall to the 2635-2630 area in the past two days. At present, gold has fallen back to this area as expected. We have made a lot of money in gold short trading in the past two days! Congratulations to those friends who followed my trading strategy!
At present, the lowest price of gold has reached around 2633, so the support of the 2635-2630 area is effective in the short term, and gold has failed to fall below this area several times during the decline, so this area has become an important defensive position for bulls in the short term, so there should be some buying funds here, whether it is to seize control or to play between the long and short sides, the bulls should perform well in this range.
So in terms of short-term trading, I prefer to start long gold near 2633, and I have already done so. Moreover, there is still strong support in the 2625-2620 area below. If gold continues to fall, I will consider adding positions to long gold in the 2625-2620 area again.
Bros, I have already started to go long on gold. Are you optimistic about the rebound of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD MARKET ANALYSIS Recent Movement: Gold climbed to $2,720 before experiencing a market drop to $2,645.
Short-Term Strategy: To initiate a buy, we need confirmation that selling pressure has eased, as indicated by candlestick signals on the H1 and H4 charts. Key buy zones for the upcoming week are identified at $2,636 - $2,614.
Long-Term Outlook: Gold retains the potential to reach the $3,000 mark. However, before a significant upward move, the price is likely to trade sideways in the H1 and H4 timeframes or dip further to build selling momentum and mislead the market.
XAU/USD Long imminent lookout! back up to 2690My analysis this week for gold is to look for potential imminent buys at this demand if i see a correct confluences play out on the lower time frame as well as the sweep of that sunday asia low. Once that happens i will look price to retace in this area back up to an area of supply.
As price has changed character the downside and broke structure i see now heading down more. i will wait for price to make a correction and fill imbalance above then continue to drop off around the area of that 6 hr supply zonne
Confleunces for XAUUSD BUYS are as follows:
- Price Changed character to the upsice on the higher time frame.
- Price swept the top side liquidity off last week consolidation and letf the bottom which still hasn't been taken.
- Price needs to retrace to continue its bearish course.
- DXY corresponding slightly as well.
P.S. I am interested in shorts but the opportunity as of were current price is, isn't ideal hence why I'm looking for short term buys to sell. Have a great trading week, Q4 soon coming to an end, lets gooooo!!!
xauusd analysis for mondayTechnical Analysis
Key Levels:
Support:
Primary Support: $2,630–$2,640, a crucial level that has consistently held over the past weeks.
Secondary Support: A breakdown below $2,630 could lead to further declines toward $2,600 and $2,570
Resistance:
Primary Resistance: $2,670–$2,700, a zone gold must clear to confirm bullish momentum.
Extended Target: A sustained move above $2,700 could push gold toward $2,720 or higher, with the long-term target near $2,750
Price Action:
Gold has been consolidating around $2,650, indicating indecision in the market. Traders are awaiting a catalyst for a breakout in either direction
Indicators:
RSI: Neutral, indicating no overbought or oversold conditions.
Moving Averages: Gold is trading near its 50-day moving average, reflecting a balance between buyers and sellers.
Elliott Wave Analysis: Suggests the current correction phase might end soon, potentially paving the way for an upward movement
Fundamental Analysis
Key Drivers:
1. Federal Reserve Meeting:
A dovish stance or pause in rate hikes could weaken the USD, benefiting gold. Conversely, a hawkish surprise could pressure prices.
2. US Economic Data:
Housing Data: Strong numbers may support the USD, weighing on gold.
GDP Report: A weaker-than-expected reading could bolster gold's safe-haven appeal, while strong data might strengthen the dollar
3. Global Economic Factors:
Geopolitical Risks: Persistent uncertainties may sustain demand for gold as a safe-haven asset.
Inflation: Gold's role as an inflation hedge keeps it relevant amid ongoing inflationary pressures globally
4. Seasonal Trends:
December traditionally sees increased gold demand, linked to year-end portfolio adjustments and festive purchases.
Trading Scenarios
Bullish Scenario:
Entry: Above $2,660
Targets: $2,700, $2,720, and potentially $2,750
Stop-Loss: Below $2,630
Strategy: Look for a confirmed breakout above resistance or positive market sentiment boosting gold.
Bearish Scenario:
Entry: Below $2,630
Targets: $2,600 and $2,570
Stop-Loss: Above $2,660
Strategy: Watch for rejection at $2,650 or stronger-than-expected US data supporting the USD.
Buy gold, TP: 2690-2695Bros, today gold fell sharply and fell below 2695 due to the negative impact of PPI data on the gold market. I reminded in the previous opinion that the 2700-2695 area is the last line of defense for bulls. Once gold falls below this area, it is easy to be sold and continue to fall.
So today I went long on gold near 2702 as planned. After gold fell below 2695, I strictly followed the trading plan and chose manual stop loss near 2693, ending the gold long position with a loss of $4.7K; then I followed up with a gold short position near 2693, and manually closed the position near 2683, ending the transaction with a profit of $4.9K.
It means everything I did in trading today was for nothing,fortunately, I strictly followed my trading plan and strategy to execute the transaction, so even if I lost money in the long transaction, I recovered the loss in the short transaction, and there was no loss overall. Relatively speaking, no loss is the greatest success.
At present, after gold is relatively stable, I have bought gold again near 2683, and the short-term important support below is 2675. I expect gold to rebound to at least 2690-2695. As for the result of the transaction, let us wait and see! If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD BUY | Idea Trading AnalysisGOLD is creating symmetrical triangle and is moving in a descending AND is moving in an UPWARD channel.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad