Goldusd
Trading Area for Gold based on S/RMy idea is based on the Support & Resistance levels observed on 1H TF
I'm anticipating price bounce from the identified support areas (Support-1 & Support-2) My plan is to enter long position when the price reach these support levels and close the trade at the resistance level
Bias: Bullish
Entry: Long from the Support-1 & Support-2
Take Profit: at Resistance area
Stop Loss: Below Support-2
Good Luck
XAU/USD 06 September 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 05 September 2024.
-> Swing: Bullish.
-> Internal: Bearish.
Due to several factors such as geopolitical tensions and many macroeconomic factors XAU continues to surge.
Nonetheless, I will continue with systematic rules of analysis.
Technically price should target weak internal low, therefore, my bias will remain unchanged until M15 candle break and close above swing high.
Price has targeted weak internal low but the move was not sustained which indicates that price may be seeking further liquidity.
We are seeing a secondary reaction to previous M15 supply zone.
Intraday expectation: Price is in premium of internal 50% EQ. Price to target weak internal low. My bias will remain unchanged until and unless M15 candle close above strong swing high.
M15 Chart:
XAU/USD 05 September 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
I have made an update following my review of overall analysis.
Bearish iBOS printed 22 August 2024 has subsequently lead me confirm the swing high which means M15 swing range is established.
Due to several factors such as geopolitical tensions and many macroeconomic factors XAU continues to surge.
Nonetheless, I will continue with systematic rules of analysis.
Technically price should target weak internal low, therefore, my bias will remain unchanged until M15 candle break and close above swing high.
Price has targeted weak internal low but the move was not sustained which indicates that price may be seeking further liquidity.
We are seeing a secondary reaction to previous M15 supply zone.
Intraday expectation: Price is in premium of internal 50% EQ. Price to target weak internal low. My bias will remain unchanged until and unless M15 candle close above strong swing high.
M15 Chart:
XAU/USD "GOLD MINES" Bearish Robbery Plan to steal GoldHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist XAU/USD "GOLD MINES" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss : Recent Swing High using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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XAU/USD 30 August 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 27 August 2024.
-> Swing: Bullish.
-> Internal: Bearish.
As mentioned in previous analysis whereby we needed to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. This is exactly what price printed, printing a bearish iBOS.
Price has printed bullish CHoCH indicating bullish pullback phase initiation.
Intraday expectation: Price is in premium of internal 50% EQ with strong high remaining protected. Price to target weak internal low.
M15 Chart:
Continued growth Gold. H4 26.08.2024Continued growth Gold
Gold continues to grow steadily given the escalating conflict
between Israel and Lebanon.
The correction last week ended near the local support 2477
and made a new bounce upwards.
Now new historical highs are being formed and judging by margins and options,
can push the price to 2575,
and there we will look at the volumes,
a local culmination of the correction is possible.
Gold is GOLD yet not be OLD!!Buy GOLD in all dips
Can be Multibagger!!
Target1 - 2600 USD
Target2 - 2899 USD
Target3 - 3050 USD
Long Term can be anything, if its closed above 3000 USD..
Disclaimer :-
I am not SEBI registered. The information provided here is for education purposes only.
I will not be responsible for any of your profit/loss with this channel suggestions.
Consult your financial advisor before taking any decisions
GOLD - 1H Sell OpportunityAfter yesterday’s significant drop, OANDA:XAUUSD saw a rise, pushing up to the resistance block order zone. Given the strength of this resistance, there’s a high likelihood that gold could face a strong downward movement from this level, potentially leading to a substantial fall. This setup suggests that the recent uptick might just be a temporary retracement before the next bearish leg.
XAUUSD - 4H Gold’s Potential DownturnOANDA:XAUUSD has recently surged to the top of its ascending channel, reaching above the $2,500 level. This move, however, appears to be a liquidity hunt, where the market triggers stops above significant levels before reversing direction. After this liquidity grab, technical analysis suggests a strong possibility of gold retracing within the ascending channel.
Fundamentally, several factors are contributing to the potential downside. The recent easing of tensions in the Israel-Palestine conflict has reduced demand for safe-haven assets like gold. Additionally, the de-escalation in geopolitical risks generally leads to a pullback in gold prices as investors shift towards riskier assets. Moreover, the broader market sentiment is leaning towards a stronger dollar, especially with expectations of continued monetary tightening by central banks, which could also pressure gold prices downward.
Given these technical and fundamental factors, gold is likely to face a correction back within the channel, with potential support levels around $2,350-$2,400. This retracement would align with the overall market dynamics and investor sentiment shifting away from gold.
XAU/USD 22 August 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Price to continue bearish pullback phase, react at M15 demand zone, perhaps as deep as H4 or D demand zone to then target weak internal high.
H4 Chart:
M15 Analysis:
Intraday expectation, analysis and bias remain the same as yesterday's analysis dated 21 August 2024
-> Swing: Bullish.
-> Internal: Bullish.
Previous Intraday expectation was met and price has printed a bullish iBOS.
Price has printed bearish CHoCH to indicate bearish pullback phase initiation.
Internal structure has been established and price reacted at discount of 50% EQ, however, price has also failed, as yet, to target weak internal high, therefore, price could potentially be seeking further liquidity and could be targeting M15 demand zone.
Intraday expectation: Technically price should target weak internal high but thus far has failed, therefore, price is perhaps seeking further liquidity (M15 demand zone) to fuel. bullish continuation.
Alternative scenario: We need to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted.
M15 Chart:
XAU/USD 19 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias to remain the same as yesterday's analysis dated 18 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Bearish CHoCH positioning is denoted with a blue dotted line.
H4 demand zone is positioned the same as bearish CHoCH positioning.
Intraday expectation: On a candle-to-candle view since iBOS, price is printing higher highs, therefore, wait until price indicates pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As mentioned in my analysis dated 16 August 2024, whereby internal structure was bearish. We needed to be mindful that H4 internal structure was bullish.
Price has printed a bullish BOS and iBOS.
Price has printed bearish CHoCH to indicate bearish pullback phase initiation.
Intraday expectation: Price to react at discount of 50% EQ, or M15 demand level to target weak internal high. Price may seek liquidity at M15 supply level to confirm bearish pullback phase initiation.
Alternative scenario: Price to target weak internal high.
M15 Chart:
ATH Again? 2500 With Fundamentals?ATH Again? 2500 With Fundamentals?
On Going Situation Is Clearly A Strong Bullish Scenario On Gold Yesterday Gold Has Rose The Price Again Back To 4H Supply Zone. But As I Can See Gold Will Not Stop Now. Maybe With PPUI There Will Be A Manipulated Selloff And A Massive Gain On Gold.
IRAN Has Call For A WAR Against Israel And Israel In On High Alert This News Will Be A Massive Volatile On Today US Session
XAU/USD 16 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias to remain the same as yesterday's analysis dated 15 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
As per previous intraday expectation, price was approaching internal high, however, due to US CPI data, and traders trimming rate-cut bets due to US CPI data, price had a bearish reaction, nonetheless, bullish structure remains intact.
Intraday expectation: Price to continue to target weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Yesterday's intraday expectation was met with price targeting weak internal low printing a bearish iBOS.
Bullish CHoCH positioning and strong internal high are positioned at the same level, however, as price has pulled back to discount of 50% internal EQ, I am happy to confirm internal low.
Price has reacted at H4 supply zone.
Intraday expectation: Price to target weak internal low, however, and as per yesterday's intraday expectation, we need to be mindful that H4 internal structure is bullish.
M15 Chart:
XAU/USD Outlook ICT ConceptsGold (XAU/USD) Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on XAU/USD, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
💡 Previous Analysis Review:
As anticipated in the previous analysis, Gold expanded higher and tapped into the 4-hour Fair Value Gap (FVG). This move indicates a fulfillment of the prior target and highlights the market's potential trajectory.
📍Current Market Overview:
Gold is currently trading at 2,444.070, within a key zone. The market is positioned near the Previous Week High (PWH) and Previous Month High (PMH), making these levels crucial for assessing future price action.
🔍 Identifying Key Levels
• PMH (Previous Month High): 2,480.000
• PWH (Previous Week High): 2,460.000
• PWL (Previous Week Low): 2,368.000
• PML (Previous Month Low): 2,292.000
• SSL (Sell-Side Liquidity): 2,352.500
• 4H FVG: Located near 2,445.450, recently tapped.
📊 Key Considerations
• Price Action Post-FVG Tap: Following the tap into the 4H FVG, there is an expectation of a potential retracement lower.
• Buy-Side Liquidity (BSL): Aiming for the PWH and PMH levels to sweep these BSL zones could precede a sell-off.
• Sell-Side Target: Post BSL sweep, the focus will be on retracement targeting the SSL and other lower levels on the chart.
📈 Bullish Scenario
A bullish scenario might unfold if:
• Sweep of PWH and PMH: If the price manages to sweep these levels without significant resistance, it might continue to explore higher liquidity zones.
• Lower Time Frame Entries: In lower time frames, opportunities may arise to position long, targeting PWH and PMH for short-term gains.
• Continuation Above PMH: A sustained move above the PMH could invalidate the bearish setup and open up higher targets.
📉 Bearish Scenario
A bearish scenario could develop if:
• Rejection at PWH or PMH: If the price shows signs of rejection after sweeping the BSL at these levels, a retracement back into the FVG or lower levels becomes likely.
• Break Below 4H FVG: A decisive break below the 4H FVG could signal a continuation lower, focusing on SSL levels.
• Bearish Confirmation: Watching for bearish confirmation patterns or candle structures at these levels will provide early signs of a trend shift.
📊 Chart Analysis Summary
• Bullish Expectation: Aiming for the PWH and PMH levels, with lower time frame entries offering potential upside.
• Bearish Expectation: Post-BSL sweep retracement could lead to a correction targeting SSL and lower zones.
📝 Conclusion:
Gold's recent move into the 4H FVG aligns with the expected price action, suggesting a balanced outlook with potential for both bullish and bearish scenarios. Monitoring the reactions at the PWH, PMH, and FVG levels will be critical for anticipating future market movements.
🙏 Thank you for joining us!
Exploring XAU/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
XAUUSD Gold to 4KTimeline is 6 months - 2 years
The crash has already started. At some point everyone will start to sell thier treasury bonds, yields will go up proportionally to inflation until the dollar loses it's status as the global currency and dramatic measures are used to stop inflation resulting in stagflation and yield recovery. Else hyper inflation and the dollar is replaced entirely.
I see the momentum indicators shifting in various markets. Below is a brief summary of each, relevant indicators/markets. see charts.
US1YRBILLS
WTI CRUDE
SILVERUSD
BONKCOIN
TSLA
Gold is heading to 2340 zone(8/5/2024)in our last analysis, we predicted the gold move correctly, the price overlapped the 2450$ and moved back quickly even though the weak NFP data couldn't make significant changes.
after the NFP data, the market made a bearish candle and for now is aiming for lower prices.
For now, we are expecting the price to move in the C wave. In this case, the final wave will be around the 2340 area.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Daily Bias Still Bullish Or Bearish?When I Come To Daily Chart That I Can See Last Friday Fall Has Ended From 2414 (Fibonacci 0.5) Level And Also A Good RBS Zone (Resistance Become Support) But Couldn't Make A HH (Higher High) In The Market Structure. In The Same Time That I Can See Gold Is Moving In Side Of A Parallel Channel So Far. Still Has No Clear Conformation What ever It's Break Or Not In The Daily Time Frame.
Wait For 4H Update As Last Update Until Market Move.
Daily Bias Still Bullish Or Bearish?When I Come To Daily Chart That I Can See Last Friday Fall Has Ended From 2414 (Fibonacci 0.5) Level And Also A Good RBS Zone (Resistance Become Support) But Couldn't Make A HH (Higher High) In The Market Structure. In The Same Time That I Can See Gold Is Moving In Side Of A Parallel Channel So Far. Still Has No Clear Conformation What ever It's Break Or Not In The Daily Time Frame.
Wait For 4H Update As Last Update Until Market Move.
GOLD BUY | Idea Trading AnalysisGOLD is moving in an 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