Market Guide Latest Trading Plan
in the last buy order. Traders who followed made big profits. This is cause for celebration.
The gold market currently remains at the 2043-2044 level. Prior to this our buy order was closed at this location. The profits are very considerable. At present, the pressure from above still exists. There is no dominant news today, so at this position, I think we can mainly sell gold in the short term.
2043-2047sell
tp:2033
sl:2053
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.
If you are still new. Or being unable to close the deal on your own. You can refer to my trading ideas. Hope it helps you.
Goldtradingsetup
The latest operations and views on the gold market
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.
After the U.S. market opened, gold continued to rise due to the impact of initial jobless claims. It reached the highest level in 1947. For the time being, there is no major news impact. In terms of trend, I still prefer to fluctuate and test the 1941 position and then rush higher again. The current price of gold is fluctuating around the 1937-1939 level. I think it's a good time to buy. Take profit can be set to 1953. Stop loss can be placed at 1929.
If you are still new. Or being unable to close the deal on your own. You can refer to my trading ideas. Hope it helps you.
The time to buy gold has arrived. Follow the market guide
For newbies. It is often more reasonable to follow a good trading signal than to trade randomly on your own.
The last order has been taken profit. At present, gold has reached near our buying point after falling. I said before that the short term focus is on selling high and buying low. But now that gold has fallen back, it gives you a buying opportunity. You can buy directly in 2033-2034. If it falls back, you can continue to add buy orders.Target 2040
If you are new to this. You can't complete the transaction on your own yet. You can refer to my trading ideas. hope it helps you.
Holding my Gold BUYSAs you can see here - my buy position is still open and in profit, the red dashed line represents where my stop loss is in profit and as I am typing this the trade is floating at just under 1:3RRR
On the 1 minute time frame you will realize that a big chunk of sellers may again be induced to enter sells seeing as gold is at a "high" point LOL - I can't see why you'd want to sell after all that bull momentum but say what
Let's see what happens
#GOLD #GoldUpdate
Following yesterday's FOMC news, we witnessed a remarkable surge in gold, signaling a potential ongoing upward trajectory. The specific timeline for this rise remains uncertain.
Our analysis involves a simultaneous examination of gold on the chart. According to our assessment, gold has exhibited an impulse and could sustain its ascent through the (1.2.3.4.5) waves.
We've identified what appears to be a bullish flag at the conclusion of wave 3. However, exercise caution in your trades, as gold may surge further before undergoing a correction in the form of (ABC) or possibly correcting at this juncture.
Feel free to trade with us and access our concurrent analysis in our VIP group, offered at no cost.
Lovely GOLD Buy - GOLD SummarizedGood Morning folks - I quickly just wish to discuss what I think I am seeing on gold on the 1 minute timeframe
So we know that in the last day or so we had a really aggressive run up (bull move) on gold
This means that there will be buyers getting in rather late in hopes that they can still catch the move
Highlighted in blue we have what appears (to me) to be a break and retest situation which in and of itself is a buyer induction
AND
Highlighted in purple we have multiple areas in which buyers would have been induced to buy at what would look like "a support" (purple zone)
Below this purple zone is a gigantic pink zone where I believe a lot of stop losses would be
In order for gold to continue to buy I believe the dealer would need to destroy these buyers first
1. To make sure they don't win alongside him
AND
2. To grab that extra liquidity needed to be driven even further up
What do you think ?
Downvote\Don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\Boost if you did read this entire post and did try to understand
See you in a few for an update
s3.tradingview.com
Update - Personally I'd like if the move is quick and sharp like this (purple line) in order for me to begin trusting buys again
I am seeing traders right in these very minds who are buying at this point which suggests to me that my analysis that I did earlier (www.tradingview.com has some merit and value
I am continuously asking why would the dealer give me such a good opportunity to buy here now after having such a big run up (bull move) yesterday - It doesn't make sense to me
I believe the market is consolidating here above this "support" for a reason - it's a trap
What do you think?
s3.tradingview.com
There are red folder news events in 7 minutes - So far so good with the last part of my analysis
The dealer is actively targeting that purple zone - Let's watch and see what happens
Who has popcorn 👀
s3.tradingview.com
Possibility of another whipsaw present as the dealer is actively inducing both buyers and sellers on the 1 minute timeframe
Sellers being induced off the high and buyers being induced off the purple zone.
EVEN THOUGH price hasn't reached the purple zone yet - we know traders battle with FOMO everyday
I am sure some of you reading this are already in buy position lol
s3.tradingview.com
Reminder of my analysis
s3.tradingview.com
Giving the buy a chance here
s3.tradingview.com
Probably going to be my last trade for the week - if I lose I would have lost 2 in a row and that is enough for me
Stop loss to break even (red dashed line) for safety
God speed to all sellers who thought it was sells - and all buyers who bought early
Analysis played out pretty much perfectly (www.tradingview.com
Will check in for an update in a few - leaving it to run
Maybe it comes back and stops me out or maybe it just goes further, who knows?
s3.tradingview.com
GOLD H1, Gold is going Bearish! What to expect next ....Hello Traders!
This is my perspective related to Gold H1. I expect a small retracement until the liquidity level and after that, to hit the level of 2065, a interesting level o resistance to take into consideration.
If I will see the confirmation, I will execute the trade. I still see Gold bullish.
GOLD TECHNICAL FORECASTGold Price at a very critical level right now 2040.0 level the. The resistance which did hold price and lead to a drop until we see A strong move yesterday due to interest rate news release.
For me the game plan is very easy I want to see price holding the resistance and 61.8 FIB level now and I will be looking for shorts
The GOLD move today Summarized | Lost Trade by the way I think sells have now become dangerous as that low has been both tapped and rejected - buys aren't ready just yet but sells have become a hazard
I will produce a more extensive analysis in a few hours
I still Wouldn't trust buys just yet as the bullish momentum isn't very clear as of yet - it could still drop at anytime - however as I would have mentioned earlier - sells in my opinion have become a hazard!
The dealer would have taken out traders stops at the previous low (blue circle) with this current spike low..which means that buyers would be taken out
Sellers also would have been induced below that level and are currently being dragged the wrong way - making sells dangerous at this time
Concerning the orange line - even more buyers are being induced and what I am asking here now is why would the dealer induce buyers if he wants to sell? He'd induce buyers if he wants to buy - stop out those same buyers by selling temporarily and then spiking the market higher up
Just my 2 cents - still can't make a move yet but let us watch and see what happens
s3.tradingview.com
Update - the dealer is driving price lower - either possibly to resume sells (unlike in my opinion) but possible
OR
To stop out buyers on the previous bullish induction (orange line)
I ask again - why would the dealer induce buyers if he wanted to sell the market ?
Pink line possible???
s3.tradingview.com
To me sells would only become viable again if price can get back to the previous low (purple circle) and break that low
s3.tradingview.com
1 Minute time frame shows a break and retest (to sell) and seller induction - What could be the reason for trying to get traders to sell?
s3.tradingview.com
Why would the dealer give such a good opportunity to sell here?
Also pay close attention to how the spread is being manipulated - look at how much wider it is at this time
s3.tradingview.com
Yummmmm lol
s3.tradingview.com
One thing we have to take into consideration - what if this is a spike to take out sellers to then drop? - if it is, buys still aren't safe yet but sells are still off the table
s3.tradingview.com
Watch for this level to be stop hunted before entering buys I think
s3.tradingview.com
If Price can push back bullish from here - I think you have a safe (ish) buy possible
We have the bullish momentum on our side now..
What do you think ?
s3.tradingview.com
Price hasn't confirmed the bull move has returned yet - wait
I'd prefer it to clear that high first
s3.tradingview.com
And this my friends is why we wait lol
s3.tradingview.com
Giving it a try around this level - Godspeed to me LOL
s3.tradingview.com
Stopped out - On to the next
s3.tradingview.com
Buys off the table for now as it seems gold is preparing to consolidate for a while...sitting on my hands for now
XAUUSD: 13/12 Today’s Gold Analysis and RecommendationsGold technical chart daily pressure is 2040, with support below 1978-1950
The four-hour pressure is 2000, and the lower support is 1955
One-hour pressure is 1988, support below is 1955
You can consider selling first after today's rebound, but you should note that today's Powell's speech may make gold rebound to around 2000, but as long as the price is still below the 2000 mark, it will still be a short trend.
✅Operation suggestions:
SELL: Around 2000, target 1990~1955
SELL: Around 2010, target 1990~1955
SELL: Around 1990, target 1980-1955
You don’t necessarily trade according to the points I mentioned, technical analysis only provides trading direction!
USOIL: 13/12 crude oil continues to sell on highsCrude oil (USOIL): Today opened at 68.7, the Asian market fell by 6 US dollars, and then rebounded and fluctuated slightly. Yesterday's waterfall did not show an obvious sign of rebound this morning. At this position, friends must be careful, there is no sign of rebound. , then crude oil will continue to see a downward trend. The support at 68 is already difficult to defend, so look for opportunities to sell at highs today! ! Wait for signal update
XAUUSD: 12/12 market analysisGold technical chart daily pressure is 2040, support below is 1983
The four-hour pressure is 2000, and the lower support is 1983
One-hour pressure is 1988, support below is 1983
Operational advice: CPI is coming tonight, trade with caution
SELL: around 2000
SELL: around 2010
SELL: Around 1990
What GOLD did today - EXPLAINEDGood Morning folks - How is everyone this morning, As per yesterday, I closed my sell around the green circle because if you remember what I said. I mentioned that gold would be temporarily bearish so sells should hold for that long (we know it won't be forever)
It seems that I was right to close because price didn't go that much lower after me closing, only really adding 1R to the trade but had I held it it would have definitely come back up to take back profits from me.
I have a new analysis this morning because obviously a lot happened and there is new data that we can observe. So let's get into it
Firstly just after the green circle you will notice a blue circle I believe that if price has to actually go up (back bullish) it needs to at least clear this area because this would be the lowest point in recent times - which suggests that there would be a great deal of buyers at this level. If there are a lot of buyers at this level we know there are a lot of stops below this level and thus a lot of liquidity trapped below there, if the dealer wants that liquidity he needs to drive price back to that low to stop hunt that level in a way like the (orange line) when and if he gets there is yet to be seen.
After the big blue circle we have the 2 yellow lines creating a bullish channel - which again suggests that even more buyers are buying because at the areas below the taps I have indicated, we know that there would be a lot of stop losses below these areas and thus even more liquidity.
The question we have to ask ourselves is - does the dealer wish to drive price back bullish while keeping these buyers in their positions and allowing them to win?
If I were the dealer - absolutely not, if I were the dealer and I needed liquidity (energy) to drive price bullish and I knew it had liquidity lower, in a heart beat I'd find a way to push price lower to take out those stops
As of right now I can't do anything as the market currently is neither bullish or bearish momentum based so I have no choice but to wait and watch but rest assured I'd be watching lol
I'd be lying to you if I could tell you what I think is going to happen next - I don't, but sometimes that is set up in such a way to test traders ability to sit and watch.
Market isn't doing much - leave it alone, wait for your set up.
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OR
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See you guys in a few hours for an update :)
s3.tradingview.com
Just got back from the gym - Checking it now ,seeing as we have news in 15 minutes or so
The fact that gold is pushing so aggressively prior to said event - further strengthens the case for sells in my opinion
Why would it go through all this stress to buy before the news and continue to buy? when we know we need to destroy buyers at the low
This bull push could be to continue to induce buyers at this point only to crash gold further down to take out liquidity of all buyers who bought on the trend and at the low
I think the green line is the path for this news event - More sells definitely make more sense to me at this point between now and the news event itself
I wouldn't sell yet by the way - I need confirmation of momentum (bearish) first
What do you think?
Downvote\don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\boost if you did read this entire post and did try to understand
s3.tradingview.com
Update - This bearish candle is worrying me a bit in terms of sells - It is inducing sellers at this point - which suggests that it could be a whipsaw (clear out both buyers and sellers) at this point - Which also makes sense for the dealer
Considering the fact that gold hasn't destroyed sellers for the NFP event on Friday - Maybe now is the dealer's chance to destroy EVERYONE
The question is if it were going to sell - why would it sell before the news event to start to get sellers interested?
I Definitely don't advice trading this market at this time AT ALL
I Still think the green line is possible but this is scary
Way too dangerous
s3.tradingview.com
1 minute time frame shows a break and retest set up - in a class with a student and we just realized this.
Price actively targeting the previous high it just created maybe to stop out sellers before actually dropping - that would be lovely
At this time buyers again may be induced at this level to buy - which again strengthens my belief for sells
Again I am telling you - take my stupid advice, don't try to trade this news event lol
s3.tradingview.com
Yup it is a whipsaw - Take out both buyers and sellers
God alone knows what can happen now - I told you guys to stay away, it was way to dangerous
s3.tradingview.com
It could still sell from here (in accordance with the green line) however but again the after news volatility is still to high - I still don't advice trying anything
s3.tradingview.com
That was a disgusting whipsaw - holyyyyyy wawwww
s3.tradingview.com
How did I know it would likely be a whipsaw? The red candle prior to this candle sold it out - Let me explain
So the red candle that closed prior to this current candle is an outlier and the reason for that is simple
Why would the dealer go through all the stress of inducing buyers to buy and then try to also get sellers to sell - we have to constantly ask who is the dealer aiming to trap?
Originally I thought it would be the buyers alone but as soon as I saw that red candle I had to ask - why is the dealer inducing sellers as well?
The answer is he needs to clear the board - take out both buyers and sellers and that is very likely why the move is now playing out like I would have drawn earlier
Now that the board is cleared the dealer has enough liquidity (from both side - buyers and sellers) to make his move any way he sees fit.
The wick that is being created now further adds confirmation to this fact for me as he is still very much trying to get rid of any sellers who don't know how to deal with FOMO and are selling at this time DESPITE me warning not to do so lol
What you going to do right? the money has to come from somewhere - if you are trying to trade this now it is very likely that you are putting money into winning traders pockets later on
Godspeed folks
Downvote\don't boost if you didn't take the time to read this entire post and didn't try to understand
OR
Upvote\boost if you did take the time to read this entire post and did try to understand
We get paid as traders to UNDERSTAND contrary to popular belief, it is only when you understand you get paid - most traders have absolutely no idea what they are doing and are simply guessing and calling themselves traders
STOP. Slow down and try to understand what you are seeing.
Good luck to all traders today - Godspeed folks :)
s3.tradingview.com
GOLD Possible News Move?Just got back from the gym - Checking it now ,seeing as we have news in 15 minutes or so
The fact that gold is pushing so aggressively prior to said event - further strengthens the case for sells in my opinion
Why would it go through all this stress to buy before the news and continue to buy? when we know we need to destroy buyers at the low
This bull push could be to continue to induce buyers at this point only to crash gold further down to take out liquidity of all buyers who bought on the trend and at the low
I think the green line is the path for this news event - More sells definitely make more sense to me at this point between now and the news event itself
I wouldn't sell yet by the way - I need confirmation of momentum (bearish) first
What do you think?
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OR
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A GOLD buyers Trap?What's up guys so I've closed my sell but I'm still looking at gold itself and I want to discuss this price action within this green circle here
This price action speaks to rejection - it suggests that gold is having more problems moving lower and maybe we should look into buys
But I think this in and of itself is a trick being played on us by the dealer - I've seen it before as well
Let me explain - There is a question we have to ask here. Why would the dealer simply stop and turn around the market to produce buys right at such a low point. We know that gold is bullish so buyers would really win overall
Do you think the dealer wants the buyers to win? I don't think so so what better way to get buyers to lose than to induce them to buy and continue to sell even lower?
By no means am I saying we should sell here as there is no confirmation of such but I am saying I feel like this is a trap to buy, makes me not trust it at all
Let us monitor
XAUUSD: 11/12 Today’s Technical AnalysisGold technical chart daily pressure is 2100, with support below 2000-1983
Four-hour pressure is 2032, support below is 1983
One-hour pressure 2014, lower support 2000-1983
⚠️Trading advice:
SELL: Near 2000, it is only suitable for short-term scalping.
SELL: around 2014
SELL: around 2032
BUY: around 1983
gold updateGold Update:
We've conducted an analysis of gold for the upcoming trading week, anticipating a minor correction before its continued decline to $1978. The short zone is expected from 2012-2014$.
Stay connected with us for a trading week filled with potential profits, and remember, it's all completely free.
#GOLD: Another $2140 possible? Dear Traders,
hope you are doing great, we have an excellent opportunity on GOLD, our last idea hit $2140 and so it was our target. Then price dropped 1400+ pips making it one of biggest drop that gold ever had. The reason can only be one there was large orders placed at $2140-2142 area and then the big players dumped the gold. In our opinion gold is still bullish long term.
GOLD TECHNICAL FORECASTHere I present the the technical forecast for GOLD below 1990.00 support level I will be looking for sell position targeting 1940.00 level. And for long position I will be looking for breakout of level 1940 level and the target will be around 2140.00 level. Gold has broken the Trendline presenting a short term medium downtrend and trading below the SMA.
XAU/USD Shorts from 2020.000 down towards 1980.000With gold reaching all-time highs (ATHs), we now anticipate a robust bearish reaction due to the substantial liquidity it has absorbed on the upside. This is evident from the long wick at the top, signifying a liquidity grab on the higher time frame. Additionally, the price has been exhibiting highly impulsive movements, indicating an impending retracement.
To capitalize on this outlook, I will be seeking selling opportunities around the daily supply zone at 2020, intending to execute sells further downward toward the liquidity points at the bottom. Furthermore, our identified zone has triggered a significant downward break, creating an opportunity for a redistribution phase, enabling us to continue with further sell positions.
Confluences for GOLD sells are as follows:
- Price has CHOCH & broke structure to the downside on the higher time frames.
- Recent bullish movement is due for a retracement as price action has been very impulsive.
- Lots of liquidity has been swept to the upside including the all-time highs (ATHs).
- Dollar has risen so can expect a continuation in which gold will start a bearish trend.
- Daily supply zone was left which has caused a BOS and has left an imbalance.
- There is a refined POI inside my daily supply which makes the sell opportunity in that region more probable.
- There are barely any reversal magnets on top of the recent highs and there is lots of liquidity below that will attract price to come pick up.
P.S. Despite the price reaching all-time highs (ATHs), my overall outlook on gold remains bullish, and I anticipate the price trajectory to surpass the previous high. However, at present, we base our trades on current market conditions. I am expecting a correction around 2020, with the expectation that the price will interact with the defined supply within the 0.78 Fibonacci range. Subsequently, I will be searching for favourable selling opportunities in that region. However, it is plausible that the price may opt to decrease before initiating the retracement, potentially addressing imbalances beneath our current position.
XAUUSD: Today’s market analysis, trading strategyGold technical chart daily pressure is 2100, with support below 2000
Four-hour pressure is 2040, support below is 2010
One hour pressure is 2030, support below is 2000
Today's NFP, gold is currently in a triangle shape for repair and consolidation. After the repair is completed, entering the market today will still follow yesterday's thinking: during the day, we need to pay attention to the two pressure levels of 2030-2040 above, 2010 below it is a small support, and the 2000 mark belongs to the daily level. The watershed between long and short, falling below 2000 will usher in the reversal trend of the big cycle
SELL: around 2040 (can be held for a long time and enter the market repeatedly)
BUY: around 2010