SELL XAUUSDYou can sell on XAUUSD and set your TP and SL as sat on the chart.
Our target is based on the EQ of the last move.
Follow for more!
Goldshort
GOLD SELLAs last we have witnessed a heavy news week as it was ending of month and quarter too but as the month starts and everything gets normalized Gold is following its direction and being directional means gold is following its bearish path as we have a rally downwards last week and gold has made a Fibonacci retracment of 68.1% on one Hourly time frame also gold is rejecting its Daily and 4H Resistance and getting accumulated over it so its high probability that gold will start its downward journey soon
so am keeping an eye and waiting for a price action so we can enter
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
What a day on the markets!
Yesterday we said we would want to see price push up into the higher resistance levels for the long trades and if we got a RIP there an opportunity to short would be available to traders. What an opportunity that was! We update trades during the London sessions stating that there was no clear sign of the move stopping or a reversal in play, and for that reason to hold runners until we find support to long. We had the 2360 level in mind, and once attacked said if it didn't break the bounce should take us back up into the 2390-95 region initially.
Now we have that flip again making the 2420 price point the resistance to be attempted and broken in order to complete and correct the move back upside to create a new ATH. Our issue here as mentioned earlier is that price is looking like it will want to retest that low, so if you're in long it might be an idea to protect and take partials. Levels are to be tested with a risk model in place, if you're uncomfortable and less experienced, let the chop end before entering these markets.
If we do struggle above, they will want to clear the BE traders before then attempting to move it again, which will now likely be tomorrow. So, resistance 2320 key level, needs to hold to then retest. If we can break above, bar the extreme stretch, we should get the move we wanted.
As always, trade safe.
KOG
Xauusd Down Trend
XAU/USD, which represents the price of gold in US dollars, is currently exhibiting a bearish trend. The price has been declining steadily from 2406 to 2375, suggesting a downward movement in the market. This downward momentum indicates that sellers are in control, pushing the price lower. Traders and investors monitoring XAU/USD may be observing the trend closely to make informed decisions regarding their positions in the market.
XAUUSD Sell Oppotunity 2389.00 - 2390.00The pair already structure break and trying to go
for last support level in higher Time frame. the analysis
recommend to open sell order with FVG 2389.00 - 2390.00
with 1:2 RR. 1:1 RR Make sure to book particles of profit
and breakeven.
Waiting for confirmation.
My selling setup. use at your own risk
Trade idea - XAUUSD Short4H
Bearish impulse / break of last HL: indication .
Pattern within pattern: confirmation.
Head & Shoulders, Bearish W.
Clear support & resistance zone is there.
1H
From 1H POV market is approaching in a corrective way towards entry zone.
= Sell limit.
Why (I think) Gold BoughtManipulation, Probability & Understanding. That is it, Watch the video for me to explain these concepts deeper.
Unswervingly short goldAfter reaching around 2370, gold rebounded again and is currently hovering around 2390. Gold seems strong, but it is always difficult to reach the key suppression area and cannot form an effective breakthrough, so I think that gold is still dominated by shorts as a whole.
Gold is currently facing two key suppression levels, one is the 2400-2405 area, and the other is the 2410-2415 area. If gold cannot overcome these two resistance areas, then the gold shorts will counterattack at any time, so before regaining the 2410-2415 area, there is no doubt that in terms of trading, I always insist on a short-selling trading strategy. The short-term support below is around 2376, followed by around 2368. If gold falls below the support in this area, gold will also test the 2350 area, or even 2330.
So in terms of short-term trading, I still insist on shorting gold!I share detailed trading strategies and trading signals every day. You can follow the channel at the bottom of the article to get detailed trading signals and learn trading logic. People who are already in it have already made a lot of money. Let us enjoy the journey of making money together. !
GOLD Pattern FormationThis commodity has been forming a bullish pattern, according to the higher timeframes (weekly) and it has retested the upper trend line again.
I do anticipate that it might test the 0.2 fib retracement. A follow up analysis using a shorter time frame...
GOLD, Huge fall Ahead ?Hello traders, hope you are doing great.
For upcoming week, I think we'll probably see an uptrend correction in GOLD at first and after that we'll probably see a fall to specified Level and beyond that. so with a proper trigger, we can open a SHORT position.
and finally tell me what do you think? UP or DOWN? leave your comment below .
If this post was helpful to you, please like it and share with your friends.
Thanks.
Gold, Bearish on weekly chartIt is 17 weeks that the gold is trying to break the $2400 USD, but it is unable to do so. in technical terms we can see a clear stop hunt and moving in a side zone which looks like a distribution phase.
on fundamental side, due the uncertainties related to US presidency election and The Middle East critical situation i think the price will drop in next weeks.
SHORT - $Gold looking like a snack rn $XAU, $GC1!Retrace after testing ATHs.
Rising wedge into rising wedge.
Trend is friend.
Huge Weekly printed rectangle, Would like to see an SFP/FA below W Range S/L before entering as buyer.
Chaos and Confusion within Gold Today!I think it makes more sense to walk away from gold at this time as it isn't very clear about what it is attempting to do.
Have you ever felt like the market doesn't know what it wants to do? Well if that is the case and the market doesn't know, how the F could you know?
Come on, not everyday requires you to place a trade.
This is a test most traders will surely fail, because they are addicted to the industry, you have to gain some kind of control over yourself and force yourself to walk away.
+$374.00 on Gold Call Today
What is up traders, Brandon here - Absolutely lovely call on Gold this morning.
Below are the links to all the minds that I would have posted before and after the trade itself was taken>
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
www.tradingview.com
I like showing all the receipts because this gives clarity, you get a good idea of before and after. I hope you understood where I was coming from with this one.
Have a great rest of your day - see you guys soon =)
Gold Absolutely Destroys Sellers, Simultaneously fools BuyersWhat's up guys, I hope this message finds you well.
It appears that gold did actually play out almost exactly like I wanted it to and surprisingly I was right.
Here is the link to the original analysis - www.tradingview.com
The good thing about this is that due to it being a news event I wouldn't have been able to engage anyway until maybe after the event but had I engaged I would have absolutely been right.
Also You'd realize that I don't just call out buy here or sell there without an explanation.
I do this for 2 reasons.
1. I believe in order for you to get better you need to be able to explain what it is you think you understand to others in a way that helps them understand
And
2. If as a trader you don't like over-explaining\analyzing things.. I got some bad news for you buddy, this may not be the correct industry for you.
You have to be able to explain why you are taking specific trades even if it just to explain it to yourself. If you cannot do that then taking the trade is likely ill-advised.
Hope you enjoy this one, have a good rest of your day, see you guys soon!
GOLD Short The daily chart for CFDs on Gold (XAU/USD) indicates a potential short trade setup based on recent price action and liquidity analysis.
Key Levels:
* Resistance Zone (TS): $2,458.19
* Current Price: $2,411.80
* Sellside Liquidity Target: $2,294.95
Analysis:
1. Fair Value Gap (FVG): The market has shown a fair value gap in the highlighted grey area, indicating potential bearish pressure if the price fails to reclaim this zone.
2. Liquidity: The blue zone marks an area where sellside liquidity is likely to be targeted. This area, around $2,294.95, could serve as a significant support level where short positions might consider taking profit.
3. TS: The red highlighted area near $2,458.19 represents a strong resistance zone where the price has previously rejected.
Trade Setup:
* Entry: Consider entering a short position around the current price level of $2,411.80, especially if the price shows signs of rejecting the FVG zone.
* Stop Loss: Place a stop loss above the recent high around $2,460.00 to protect against any unexpected bullish momentum.
* Take Profit: The initial take profit target should be set around the sellside liquidity at $2,294.95.
Gold Short RR 1:1
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description
GOLD to find sellers at market price?Gold - 24h expiry
Posted a Double Top formation.
Short term bias has turned negative.
5 negative daily performances in succession.
20 4hour EMA is at 2411.5.
We look for a temporary move higher.
We look to Sell at 2411.5 (stop at 2427.5)
Our profit targets will be 2371.5 and 2361.5
Resistance: 2404.0 / 2412.2 / 2420.0
Support: 2383.9 / 2370.0 / 2350.0
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Gold Spot / US DollarHey traders on GOLD we can see that we are approaching supply area, my weekly fundamentals are telling me that we could potentially have a reversal from this area.
Entry 2,414.000
SL 2,458.232
TP 2,175.000
This chart material is for educational purposes only / Demo account should be traded only
7 Dimension Sell Setup for Gold Technical Analysis Method SMC
** 7 Dimension Analysis**
Time Frame: H1 / 5M (Minute)
1: Swing Structure: Bearish
🟢 Structure Behavior: Choch, now at this extreme POI (Point of Interest) 🟢
🟢 Swing Move: Corrective (about to end) ↪️
🟢 Lower Time Frame (M1): Inducement is done. It's better to wait for M1 structure shift. ⛔
🟢 Internal Structure: Bullish yet ⬆️
🟢 Supply Area: Based on M5 timeframe 🟦
2: Pattern
🟢 CHART PATTERNS: No reversal chart pattern detected yet. ⬜
🟢 CANDLE PATTERNS: Record Session count
3: Volume
🟢 After a good rally, volume is drying up now. **
🟢 Volume during correction is less than impulsive volume. **
4: Momentum RSI
Current: Bullish to sideways with proper bearish divergence and range shift. **
5: Volatility Bollinger Bands
🟢 Middle band is interim support yet. 🟦
🟢 Price is currently in a contraction phase, making a Bollinger Band "W" pattern with the complete leg about to end. ➡️
🟢 High with a pin bar price also indicates a Band Puncher. **
6: Strength (ROC - Not Included)
7: Sentiment: Bearish for M5 SMC (Smart Money Concept) timeframe
✔️ Entry Time Frame: M5
✅ Entry TF Structure: Bearish
☑️ Current Move: Correction at extreme POI ☑️
☑️ Resistance Area: Gives multiple rejections ❌
☑️ Candle Behavior: Not clear ⬜
☑️ Trend Line Breakout: Waiting ⏳
** Decision:** Sell if price gives a breakout of the trend line ⬇️
** Entry:** 2381
✋ Stop Loss: 2387
Take Profit:** 2355
Risk-to-Reward Ratio:** 3.5
Expected Duration:** One day
SUMMARY:
Based on the multi-timeframe analysis, a potential short selling opportunity exists with a bearish bias. The current corrective move might be nearing its end at the extreme POI. However, waiting for confirmation from a bearish breakout on the M5 timeframe and a clear bearish candle pattern is recommended before entering a trade. Remember, this analysis should not be considered financial advice.
XAU correction DOWN - opportunity for $2400⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
The US Dollar (USD) strengthens after a recent decline, mainly due to the drop in the Euro currency. This is putting pressure on commodities. Profit-taking and geopolitical tensions may contribute to the downfall of precious metals, but central bank demand should provide some support.
⭐️ Personal comments NOVA:
The FOMO from the market has gradually cooled down after much information that the FED will accelerate the process of cutting interest rates by 0.25%. indispensable for stability for the Gold market
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2400 - $2398 SL $2393
TP1: $2408
TP2: $2415
TP3: $2430
🔥BUY GOLD zone: $2415 - $2417 SL $2412 scalping
TP1: $2422
TP2: $2428
TP3: $2435
🔥SELL GOLD zone: $2465 - $2467 SL $2472
TP1: $2455
TP2: $2440
TP3: $2430
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAUUSD | Bearish Divergence Currently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows, and moving within a parallel channel supported by its trendline. Additionally, fundamental factors are pushing gold to make new higher highs.
However, on the 1-hour time frame, there is a hidden bearish divergence, indicating a potential trend change to a downtrend. This suggests that soon, new lower highs (LH) and lower lows (LL) may form, and we can expect the price to test the trendline.
In summary:
Uptrend : Gold is making higher highs and higher lows and moving within a parallel channel supported by a trendline.
Fundamentals : Supporting the uptrend and pushing gold to new highs.
Hidden Bearish Divergence : On the 1-hour time frame, indicating a potential trend change to a downtrend.
Expectation : Potential formation of lower highs and lower lows, with the price possibly testing the trendline.
These signals suggest that while gold is currently in an uptrend, there are signs of a possible reversal. It is important to monitor these indicators and conduct further analysis before making trading decisions.
