4HR CHART trade long in Gold sets up. Buy-up
The volatility has settled in Gold trading for now. Price has kept support at around the 50 to 55 level. So Gold has propped up during Monday. It really has not even looked like selling off and I trade Gold a lot and I can usually tell when they want to reverse the price for a bit.
Buy around current price57,000 or 56,950 xauusd.
Stop under a recent swing low from a 3 or 5 minute timeframe.
TP1: at 70'
Xauusdanalysis
Easy profit of 110pips, gold still points to 2630!Bros, as I mentioned in my last opinion, gold is currently facing resistance in the 2660-2670 area, so I still prefer to short gold in terms of trading. Today we shorted gold near 2660 as planned. Just now, when gold fell back to around 2649, I manually closed my short position and easily made a profit of 110 pips.
So how should we trade gold next? Today, gold showed a weak rebound, proving that as gold fell last Friday, buying funds gradually concentrated in the 2645-2640 area. Therefore, before gold falls below the 2645-2640 area, we cannot be too bearish on gold in short-term trading, so we cannot set a TP value that exceeds expectations; however, gold is still weak overall, and we can still wait for gold to rebound and short gold again. If the gold market is to eliminate some long holders, then gold is likely to try to fall below the 2645-2640 area and continue to fall to around 2630.
So next, we continue to short gold with the 2665-2660 area as resistance. Brothers, are you bearish on gold in the short term like 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!
GOLD - at support ? What's next??#GOLD.. market perfectly hold our resistance area as we discussed in our video analysis and now we have 2645 to 2648 as current supporting area.
If market hold it in that case you can see again bounce. Otherwise not..
Keep in mind that 2645 below we will go for cut n reverse on confirmation ..
Good luck
Trade wisely
Follow the trend and short gold!This week is a new week, so let's start this week's trading with hope!
Gold rebounded after touching 2643, and currently rebounded to 2658. From the current rebound strength, gold is still very weak. And after gold just experienced a big drop, there is no position to support gold to rebound immediately. So we can only follow the weak trend in trading at present.
So in the short term, I still prefer to short gold, and there is resistance in the 2660-2670 area above. Once gold cannot break through this area strongly, gold is likely to continue to fall. Once gold encounters resistance and falls back, it may fall back to the 2645-2640 area, or even the 2630 area.
Bros, let's try to short gold first, and then wait patiently for gold to fall back! 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!
XAUUSD next possible move“Risk management is more important than being right.” – Ray Dalio
In trading and investing, always wanting to be right can lead to impulsive decisions and significant losses.
It’s not your ego, but your ability to protect your capital that determines your long-term success.
Risk management is like a shield: it allows you to stay in the game, even when the market goes against your predictions. Being a good trader doesn’t mean always predicting the market correctly, but knowing how to limit the damage when you're wrong.
By adopting a disciplined approach to risk, you create an environment where mistakes are not failures, but learning opportunities.
Remember, the goal is not always to win, but to stay in position to win tomorrow.
The most accurate trading strategy for goldGold fell sharply again last Friday, hitting a low near 2646 before stopping, continuing the bearish trend of last Thursday. It closed in the form of two large negative lines at the end of last week, and after opening in the morning, it retreated slightly and hit a low of 2643 before rebounding and fluctuating. It is currently temporarily maintaining a volatile situation. Looking at the current trend, the two-day retreat has basically destroyed the previous upward trend. The daily short-term moving average has also formed a suppressive pattern. The previous support level is also likely to be converted into a top and bottom pattern to form a suppressive effect. The operation is still treated as a rebound short.
From the 4-hour analysis, the upper short-term resistance continues to focus on the high of 2658-62 in the early morning of last Friday. The intraday rebound relies on this position to continue to be short and look down. Pay attention to the short-term support at 2640 below. The short-term long-short watershed focuses on 2670. Before the daily level breaks through and stands on this position, any rebound is a short-selling opportunity.
XAUUSD:16/12 Today's Market Analysis and StrategyTechnical analysis of gold
Daily resistance 2725, support below 2627
Four-hour resistance 2673, support below 2650-27
Gold operation suggestions: Last Friday, the overall gold price was under pressure at the 2692 mark and ushered in a unilateral downward trend of short-seller suppression. The European session fell down and broke through the 2680 and 2670 marks and continued to fall to the bottom, and finally closed at almost the lowest point of the day at 2646.
From the 4-hour analysis, today's upper short-term resistance continues to focus on the NY market high of 2673 last Friday. The intraday rebound relies on this position to continue to fall. Pay attention to the short-term support of 2645 below. The short-term long-short strength and weakness watershed focuses on 2627. At the same time, 2627 is the daily level long-short watershed. There is still a long opportunity before the daily level breaks through this position. Today, we will first look at the continuation of the decline.
SELL: 2664near
SELL: 2673near
BUY: 2645near
BUY: 2627near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
Gold Set for Recovery After Friday's DeclineLast Friday, gold encountered strong selling pressure at 2692, continuing its downward movement to the green zone, which I’ve marked as a potential buying area. Traders who held long positions on Friday may see profits on Monday.
There could be a second downward move, but if this happens, the 2644-2636 area is expected to act as strong support. For long positions, the initial targets are 2657-2666, and if prices stabilize around 2654-2658, we can target the 2671-2679 range.
Gold pullback to 2625-2640 zone. Feels like its going up today.
If I got pre-emptive about an hour ago calling for Long-gold at 2655 or thereabouts, if that got you a stop out then my sincerest feeling for you and I would like to make it up to you.
I have to literally pinch myself every time I take a trade here in currency or patricuarlly gold, becaues volume is reduced until London opens for business.
Anyway I will be looking to perform a Long trade here a bit later, but with 1 trade already down and that position I put a Stop-on and I exited the trade at 0.5194 I think it was.
Another chart here the 4HR. Gold has now made a fairly deep and up and down move since Thursday, causing just the right about of volatility and momentum to fire-up a deep 4hr reversal trade. These work on depth, generally the deeper the better to get that spring back through 30 on the RSI and 20 on Stochastic's, both are great, standard settings. To confirm that the long trade is the real deal I will be looking for a big spike in volume, increaasing more than 50 momentum on Rsi and/or 20 on Stochastics'.
But the best way to pul the trigger on a deep RSI reversal trade is to do all of the above monitoring good increases in momentum and volume, watch only as it passed above 30 / 20 on the Oscillators and on a lowertimeframe I suggest a 3 minute chart setup an EMA 9 and EMA 50 and BUY GOLD when the 9EMA bullishly crosses up and over the 50. Higher the time frame the stronger this Cross becomes but its the lower time frames where all of the action begins. The most accurate winning strategy for this type of trade would be on the daily but its a bit early for that big TF.
Buy the pullback in Gold. Watch for LIVE divergence on the 4HR for things like price bottoming and in the volatility is on the up and up in oscillators like RSI/STOCH/MACHd.
SL under a swing low on a 5 min timeframe.
TP 2680 is the final target. Take partial profits at the tops of zones.
XAU/USD 16 December 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Since last analysis dated 13 December 2024, price has printed a double bearish iBOS
Bullish CHoCH has been printed, therefore, we are now trading within an established internal structure.
Intraday Expectation:
Price has tapped in to M15 supply zone. Technically price to target weak internal low priced at 2,643.595.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
GOLD Going to the level of 2269$ GOLD Going to the level of 2269$
Gold-price may fall a bit and then bounce back to the $2690 level
Recently, the price started falling from the resistance line, breaking the $2690 level, and fell to $2535 points, breaking the $2605 level too.
Price then turned around and started rising inside a wedge where it broke the resistance line and soon reached the $2605 level.
The price exceeded this level and rose to the resistance line of the wedge and then made a correction to the support level.
Then, the price traded for a while and then fell to the support line of the wedge, after which it made an upward momentum.
Gold went up to the wedge resistance line, violating the $2690 level, but it recently turned around and fell to the support line.
Now, I think gold may fall below the wedge support line a bit and then bounce to the $2690 level.
Gold Price Analysis December 16Fundamental Analysis
Expectations of a hawkish Fed rate hike next week boosted the US dollar and US Treasury yields on Wednesday, leading to a corrective pullback in gold prices from multi-month highs.
US President-elect Donald Trump's tax plan will add to inflation and delay the Federal Reserve's easing policy.
Technical Analysis
Gold is in a strong bearish channel with 2636 being the first target of the downtrend and 2626 the next. The recovery to be considered a trend reversal only when gold closes above the 2691 area. Gold is still considered a downtrend if it faces the 2672 and 2691 port areas. Pay attention to price reaction to have the best trading strategy
Trading attention zone
BUY zone 2626-2624 Stoploss 2620
SELL zone 2673-2675 Stoloss 2678
xauusdGold (XAU/USD) M15 Chart Analysis 🟡
We’ve got a tight triangle consolidation forming with equal highs around 2655 and higher lows creeping up. This setup signals buyers are gradually stepping in, but sellers are still holding the line at resistance.
Key Levels to Watch:
Resistance: 2655 🚀 — A breakout here with volume could send price to the 2665-2670 zone.
Support: 2640 🛑 — If it breaks, we might see a dip towards 2630.
Volume Note:
Volume is shrinking as price coils—classic pre-breakout behavior. Keep an eye on which side gives way first; volume confirmation is key.
Trade Idea:
Long: Break and close above 2655 ✅
🎯 Target: 2665-2670
🛑 Stop: Below 2640
Short: Break below 2640 ❌
🎯 Target: 2630
🛑 Stop: Above 2655
Conclusion:
Buyers look stronger with those higher lows, but don’t jump in blind—wait for the breakout and volume confirmation! 📊
Gold Market Weekly Analysis | XAUUSD Price action OutlookGold prices experienced a nearly 1% decline last week, largely influenced by a series of US economic data releases. Mixed signals from consumer and producer inflation reports kept markets cautious, but the lower-than-expected Initial Jobless Claims report strengthened investor confidence in a potential Federal Reserve rate cut at its December 17-18 meeting. Currently, traders are assigning a 93% probability to a 25 basis points (bps) rate reduction.
Next week promises to be eventful, with key US economic releases such as S&P Global Flash PMIs, Retail Sales, Industrial Production, and the core PCE Price Index, alongside the pivotal FOMC policy decision. These will play a critical role in shaping gold's trajectory.
In this video, I dive deep into the XAUUSD chart, breaking down technical and fundamental factors to help us navigate the upcoming trading week.
📢 Disclaimer: This video is for educational purposes only and does not constitute financial advice. Please consult with a professional before making trading decisions.
#GoldAnalysis #XAUUSD #GoldPriceForecast #FOMC #RateCut #ForexTrading #MarketOutlook
The downward space opens up. Trend analysisGold closed slightly higher last week, and gave up most of the gains of the previous four days at the end of the week. The 10/7-day moving average of the short-term four-hour chart opened downward at 65/70, and the RSI indicator was running on the lower track of the axis in the hourly chart and the four-hour chart, and the Bollinger band was running on the middle and lower track. Technically, the weak adjustment of gold on Friday changed the extremely strong gold bull structure. Wait for the rebound high to sell at the beginning of this week.
Gold bulls do not have any strong rebound now, and the short-term trend of gold is still short. The rebound is an opportunity for shorts. Gold is waiting for a rebound to continue to short. The 1-hour moving average of gold has begun to enter a downward dead cross pattern. If it continues to diverge downward, the gold short position will be further opened. Gold hit a new low in the Asian session. The previous low of gold at 2675 is now forming a counter-pressure. Sell at highs below the rebound of 2675. You can go short near 2670.
First support: 2640, second support: 2633, third support: 2620
First resistance: 2660, second resistance: 2672, third resistance: 2680
Trading strategy:
BUY: 2636-2638
SELL: 2670-2672
XAU / USD "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU / USD "GOLD vs USD" Metal Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Attention for Scalpers : Focus to scalp only on Long side, 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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 "GOLD vs USD" Metal Market Heist Plan on BullishHola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist XAU / USD "GOLD vs USD" Metal Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry 📈 : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback.
Stop Loss 🛑 : Recent Swing Low using 4H timeframe
Target 🎯 : 2800.00
Attention for Scalpers : Focus to scalp only on Long side, 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 💰.
Warning : Fundamental Analysis news 📰 🗞️ 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.
💖Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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GOLD MARKET ANALYSIS ☄️Gold market analysis☄️
➡️Gold grew to 2720 and then had a market crash to 2645.
➡️We need the selling force to weaken past the candlestick signals in H1 and H4, then we will Buy, the 2 Buy zones I suggest for you next week: 2636 - 2614
➡️In the long run, gold still has the ability to grow to the $3,000 mark, but before there is strong growth, gold will tend to side ways in the H1 and H4 frames or decrease to create selling momentum and deceive the market. ..
Gold Analysis==>>Rising again==>>Short term!!!Gold ( OANDA:XAUUSD ) started to decline from the Resistance zone($2,740-$2,708) , as I expected in the ✅ previous post ✅.
Gold is moving in the Support zone($2,670-$2,653) and near the Potential Reversal Zone(PRZ) .
According to Elliott's wave theory , Gold is completing wave 5 .
Also, Regular Divergence(RD+) between Consecutive Valleys .
I expect Gold to start rising again from the PRZ and attack the Downtrend line ; if it breaks, we can expect further pumps .
⚠️Note: We should expect further decline if Gold breaks the Support zone($2,670-$2,653).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.