Gold: A Rebound to 2730 is Not a ProblemYesterday, gold experienced a dramatic decline. I'm curious how everyone fared—did you make a profit or incur a loss? If you made money, you can continue to profit today; if you lost, follow my lead today, and I’m sure I can help you.
In scenarios like yesterday's drop, a rebound is inevitable. Remember this: after a significant decline, a rebound will follow, and after a significant rise, a correction will occur. These are major trading opportunities that every trader should seize.
For this rebound, we won’t set overly ambitious targets. Although my psychological expectation is above 2740, I’m not willing to take that risk. I’d prefer to close my buy positions before hitting 2740 and patiently wait for it to rise before considering selling.
That’s all for now. If you want to see more detailed and specific signals, reach out to me, and you'll gain access.
Xauusdidea
XAU/USD 25 October 2024 Intraday AnalysisH4 Analysis:
Analysis/intraday expectation remains the same as yesterday's analysis dated 24 October 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
Price has printed a bearish Change of Character (CHoCH), signaling but not confirming the initiation of a bearish pullback phase.
Intraday Expectation: While there are no clear signs of a pullback yet, price is expected to react at either the 50% equilibrium (EQ) or H4 demand zone before targeting the weak internal high. I'll remain on standby for further developments.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Analysis/intraday expectation remains the same as yesterday's analysis dated 24 October 2024.
Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase.
As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance.
Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range.
Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also react at nested H4 and M15 supply levels before targeting the weak internal low.
M15 Chart:
XAUUSD: Buy@2716-2700 TP2728-2738Today's fluctuations in gold have been massive, dropping from 2758 to 2708. Anticipating a decline, I mentioned continuing to short in my initial strategy, but I didn't expect the bears to be so aggressive, driving the price down by $50. Given this situation, even if there are sudden negative news reports today, it's unlikely that gold will drop more than $15 again.
Therefore, from now until the U.S. market opens tomorrow, the trading direction should focus on buying. I believe that before Friday's close, the price could at least return to 2732, or even higher. However, when trading, we shouldn’t set our take profit too high; we should leave some buffer space.
The rise should not be abrupt but rather a gradual upward movement. For those who prefer not to trade frequently, after buying, setting the take profit around 2728 should be sufficient. As for future trades, we can decide based on market conditions.
Gold Bearish Retracement and Pre-Data PositioningYesterday's sharp bearish move in gold resulted in significant pullbacks, and those who followed the strategy have reaped substantial profits. Congratulations to everyone who acted accordingly. For those still on the sidelines, please carefully review my strategy. When the market reaches the anticipated levels, you must act decisively—hesitation only leads to missed profits.
Fundamental Analysis:
Due to ongoing conflict in the Middle East and significant uncertainty surrounding the U.S. elections, gold remains supported by safe-haven demand in the medium to long term, which limits its downside potential. Overall, the big picture for gold still leans towards an upward trend. However, the recent decline is largely driven by the strengthening U.S. dollar and rising U.S. Treasury yields, reflecting positive developments in the U.S. economy. Today's "Initial Jobless Claims for the week ending October 19th" is likely to add bearish pressure on gold. In anticipation of this data, we can initiate short positions before its release.
Technical Analysis:
On the daily chart, the market is showing a clear "avalanche" pattern, with a large bearish candlestick breaking through the previous two days' bullish momentum. Prices have rebounded to a key resistance level around 2740, forming a bearish engulfing pattern at this short-term top. Therefore, the ideal short entry point is around 3738.
Today's Strategy:
Before the data is released, short positions should be initiated around 3738. If the data proves bearish for gold, and prices fall to 2725, we can switch to long positions.
Today's trading setup is somewhat complex. If you're unsure how to execute these trades or need detailed guidance, feel free to reach out to me for personalized support.
Gold +100 Pips 0 Drawdown , New Entry Valid To Who Missed It !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Bearish P.A On Gold , Short Entry Ready To Give Us 500 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
XAU/USD 24 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
Price has printed a bearish Change of Character (CHoCH), signaling but not confirming the initiation of a bearish pullback phase.
Intraday Expectation: While there are no clear signs of a pullback yet, price is expected to react at either the 50% equilibrium (EQ) or H4 demand zone before targeting the weak internal high. I'll remain on standby for further developments.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Yesterday's intraday expectation was not met, as price failed to target the weak internal high and instead printed a bearish Internal Break of Structure (iBOS). This aligns with the H4 timeframe being in a pullback phase.
As previously highlighted, price remains highly volatile, driven by ongoing geopolitical tensions and the Fed's softer stance.
Price has since printed a bullish Change of Character (CHoCH), suggesting but not confirming the initiation of a bullish pullback phase. Currently, price is trading within a well-established internal range.
Intraday Expectation: Price is reacting around the 50% equilibrium of the internal range and may also respond to nested H4 and M15 supply levels before targeting the weak internal low.
M15 Chart:
XAUUSD: Sell, Add Positions At 2746-2751Today, gold broke through the resistance around 2728 and returned to the vicinity of 2738. Indicators show that resistance remains significant, so I recommend continuing to sell within the 2738-2743 range.
If prices continue to rise, I expect to encounter strong resistance in the 2746-2751 range. At that point, the market is likely to experience a pullback, and a return to around 2738 should not pose too much of a problem.
Therefore, today’s trading strategy is to sell in the 2738-2743 range and add to the sell position in the 2746-2751 range.
Reinitiating Gold Bearish StrategyToday, I will once again reveal my bearish strategy, entering short positions decisively at 2755. The emergence of a large bearish candlestick has successfully breached the 2750 support level, with prices even dipping to around 2700, allowing for anticipated profits from short positions. Opportunities favor the prepared; if you're still on the sidelines, you may be missing out.
Technical Analysis:
The hourly chart for gold has developed a distinct bearish pattern, with the large bearish candlestick exhibiting a free-fall movement, piercing through all support levels. The current K-line rebound continues to signal a bearish trend, expected to breach key support lines once again. Additionally, the moving averages have shown a clear downward reversal, indicating that the market's strength has shifted decisively downward. In the short term, we will continue to monitor the topping pattern, with 2725 remaining an optimal point for short entries.
XAUUSD: Sell above 2756Today, gold prices rose to around 2758 before retreating. From previous trends, there is support around 2748, and the 2743-2738 range is also significant.
Currently, the market structure is not favorable for bulls, making support crucial. In terms of trading strategy, I am leaning towards short positions today, with a key entry point at 2756, which I shared yesterday, and an additional position in the 2760-2764 range.
If the price breaks below support directly, we may need to adjust the strategy and consider going long around the main support levels, but the target should be kept modest, ideally within $6.
Additionally, there will be news releases half an hour before the New York session, which could have a substantial impact on the market, so please pay close attention while trading.
Precision Strike: Gold Bearish Trend on the Verge of UnfoldingNo need for excessive explanation—the current gold market trend is clear, and a pullback is imminent. I am confident that now is the ideal moment to go short, focusing on swift, accurate, and decisive moves. With bearish positions already in hand, we are well-prepared for a significant price drop.
Technical Analysis:
The hourly chart for gold has displayed a strong bearish movement. The large bearish candlestick has decisively engulfed the previous bullish candlestick, forming a classic "bearish engulfing" pattern. From a technical perspective, the price will inevitably revert to the moving average. After an extended rally, gold is showing signs of exhaustion, and this single bearish candlestick has shattered the current strength, signaling a major reversal.
With the bearish momentum building, a short position around the 2755 level after a rebound is highly recommended.
Fundamental Analysis:
Additionally, there will be several bearish factors in the news today supporting further downside movement for gold. Therefore, for short-term traders, maintaining a bearish bias is advised to capitalize on the market’s downward momentum.
Gold Trading : A Must-See OpportunityToday’s trading went very smoothly. I sold at 2746, took profit at 2738, then bought back at 2738 and closed in the 2742-2745 range—perfectly timed.
Some friends receive only one signal a day, while others get two, and some can access every trading signal I send. It all depends on your individual choices and preferences.
Currently, gold has broken above MA5 and returned to 2746, with MA60 as a reference for support and resistance temporarily at 2750. Today’s decline started from this level, and any upward movement will need to be assessed through trend lines, targeting around 2760.
If it truly rises to this level, I believe there’s a high chance it will drop back to around 2750.
XAU/USD 23 October 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
As a result of this strong bullish momentum, CHoCH positioning has been brought significantly closer to current price action, reducing the need for a deep pullback to indicate the initiation of a bearish pullback phase.
Intraday Expectation: Price is not currently showing any signs of a pullback, so I will remain on standby.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was not met, as price failed to target the weak internal low and instead printed a bullish iBOS.
As previously mentioned, price remains extremely volatile due to ongoing geopolitical tensions and the Fed's softer stance.
After a bullish iBOS, we expect a pullback. The first indication, but not confirmation, of a bearish pullback phase initiation would be a bearish CHoCH, denoted by a blue dotted line.
Price is currently trading between an internal low and a fractal high.
Intraday Expectation: Price is expected to print a bearish CHoCH, indicating the initiation of a bearish pullback phase.
M15 Chart:
XAUUSD Update and How To Day Trade GOLD👀👉 This is an update to my previous video. In that session, I discussed the importance of identifying a retracement and waiting for a bullish structure break to enter long positions. In this video, we will analyze gold on a lower timeframe, specifically focusing on strategies for engaging with the trend on a 15-minute chart. Disclaimer: This video is intended for educational purposes only and should not be considered financial advice. 📊✅
XAU 1M Gold price formation history and future expectationsGold , or as denote the main trading pair XAUUSD , has been gaining a lot of attention around itself in recent years.
As soon as major analysts or hedge fund top-managers begin to say that the next crisis is near, investors immediately start buying gold as a defensive asset, and its price, accordingly, goes up.
Let's walk a little through the history of the Gold price.
We finished drawing the graph, to what exists on tradingview.com, based on the data that is freely available.
1) In 1933, to overcome the crisis after the "Great Depression", US President Roosevelt issued a decree on the confiscation of gold from the population. The price for an ounce of gold is set at $20.66.
2) In 1971, a real rise in the value of gold begins. After decoupling the US dollar rate from the "gold standard", which regulated the cost of 1 troy ounce of gold at $35 for a long period from 1934 to August 1971.
3) 1973 - "The First Oil Crisis" and the rise in the value of gold from $35 to $180 - as the main anti-crisis instrument, a means of hedging investment risks.
4) 1979-1980 Islamic Revolution in Iran (Second Energy Crisis). The cost of gold, as the main protective asset, in a short period of time grows more than 8 times and sets a maximum at around $850
5) During 1998-2000, the world swept through: the "Asian economic crisis", defaults in a number of countries, and the cherry on the cake - the "Dotcom Bubble". During this period, the price of gold was twice aggressively bought out by investors, from the level of $250. It was a clear signal - there will be no lower, next, only growth!
6) And so it happened, from 2001 to 2011 there was an increase in the value of gold from $250 to $1921 . Even the mortgage crisis of 2008 could not break the growth trend, but only acted as a trigger for a 30% price correction.
Looking at the XAUUSD chart now, one can assume that large investors were actively buying gold in the $1050-1350 range during 2013-2019.
It is hard to believe that investors who have been gaining long positions for 6 years will be satisfied with such a small period of growth in 2019-2020.
For ourselves, we establish a Gold purchase zone in the range of $1527-1600 per troy ounce, from where we expect the growth trend to continue to the $3180-3350 region
What are your views on the future price of gold? Share them in the comments!
Gold will rise again to 2740The buy signal released before yesterday's close perfectly hit the take-profit target at today’s opening, bringing in substantial profits. Currently, gold is hovering near MA5, with MA60 and MA30 acting as support. I believe we can continue to buy, setting a take-profit target in the 2737-2743 range.
An Analysis of Short Position StrategiesCongratulations to the investors who followed my trading strategy yesterday, successfully going long at low levels and securing two profitable waves, yielding substantial returns. Today, we must continue to seize market opportunities.
Fundamental Analysis:
U.S. Secretary of State Antony Blinken made another visit to the Middle East on Monday, advocating for a ceasefire and seeking to restart negotiations to end the conflict in Gaza and mitigate the escalation in Lebanon. This news has slightly dampened the demand for gold as a safe-haven asset, reducing market interest in buying.
Technical Analysis:
The current hourly chart shows signs of a double top formation, with gold facing strong resistance at the 2740 level. If this resistance is not breached during today’s European and U.S. trading sessions, gold prices are expected to test this level repeatedly.
In summary, the fundamental factors have weakened the upward support for gold, while the technical double top resistance reinforces this outlook. Therefore, today's trading strategy for gold should primarily focus on short positions at high levels. Should you require detailed guidance on short entry points, please feel free to contact me for professional advice and support!
XAU/USD 22 Ocotober 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Analysis and bias remain unchanged from yesterday's analysis dated 20 October 2024.
Price has printed both a bullish iBOS and a subsequent BOS.
Driven by the Fed's dovish stance and escalating geopolitical tensions, gold, as a safe-haven asset, has continued its upward surge.
The swing low has been brought significantly closer. A break of this swing low would confirm the initiation of a pullback phase across all higher timeframes (HTFs).
Following the BOS and iBOS, we expect a pullback. The first indication, but not confirmation, would be price printing a bearish CHoCH, denoted by a blue dotted line.
At this stage, there are no signs of a pullback, so price could continue higher to bring CHoCH positioning closer to current price action.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's intraday expectation was met, with price targeting weak internal high.
However, internal structure bullish momentum was not sustained, as price printed an iBOS. This was expected, given that all higher timeframes (HTFs) are in need of a pullback.
Price has reacted from M15 supply level.
Intraday Expectation: Price is expected to target weak internal low.
M15 Chart:
Gold Trading Success: Future Strategies (BUY)Today has been a perfect day as we successfully hit our target of 2720, securing impressive profits. Currently, gold is showing a U-shaped bottom trend, with key resistance at MA5 and MA60, leaving about $5 of room before reaching MA60.
I believe this space can be utilized. If it fails to break through, we will choose to close positions here; however, if it does break, I expect prices to rise towards the 2728-2734 range.
In case of a reverse drop, I suggest adding orders in the 2713-2707 range, with a take-profit target set at 2718.
Gold with two probabilities for 10/22/2024Gold with a high probability to make the decision for 10/22/2024 ✅️ :
🔸️If the price exceeds the green bar 🟩, with the bar closing in the hour above: there will be a high chance of entering a purchase as indicated in the chart, respecting the day, news and the stop loss.
🔸️If the price exceeds the red bar 🟥, with the bar closing in the hour below: there will be a high chance of entering a sale as indicated in the chart, respecting the day, news, and the stop loss.
Gold Will First Fall To 2720The New York trading session has begun, bringing more market opportunities! I’m sure there are others out there still holding onto the 2723 sell order like I am. For now, I'm not planning to touch it—I’m waiting for profits. The price is still above the MA5, so I just need to wait for it to break, followed by the MA30. By Tuesday or Wednesday, the price should drop to at least 2720, and that’s when this order will become profitable!
In the meantime, I’ll continue trading other signals. While there are plenty of opportunities in the market every day, I can't guarantee I'll catch every single fluctuation.
As long as it's a signal I send out, I will track it thoroughly until the order is completed perfectly! Trust me—every trade you make will receive expert guidance and support. Together, we’ll lock in profits and achieve wealth growth!
XAUUSD is about to reach 2800, trading strategyIn the first trading day of the week, the Asian session for XAUUSD continued its upward momentum, with prices approaching $2733, setting a new historical high. However, by the end of the Asian session, gold prices retreated from these elevated levels.
Fundamental Analysis: Despite the dollar remaining close to its highest level since early August, uncertainty surrounding the U.S. presidential election and expectations of Israeli retaliation against Iran have fueled demand for safe-haven assets. The recent surge in gold prices has occurred amid a strengthening dollar and rising U.S. interest rates, with escalating tensions in the Middle East. The upcoming BRICS summit highlights the continued demand for gold among central banks, indicating a bullish trend from a fundamental perspective.
Technical Analysis: Currently, there are no significant resistance levels for gold's upward trend, especially after breaching new highs and surpassing previous resistance levels. Market sentiment remains increasingly bullish. From the 4-hour chart of gold, the 50-period Exponential Moving Average (EMA) continues to provide support. However, historical trends suggest that the current upward movement may trigger some profit-taking, potentially forcing gold prices into a short-term correction before resuming the upward trajectory.
Therefore, it is recommended for day traders to consider going long on XAUUSD during any pullbacks. For detailed entry points for long positions, please feel free to contact me, and I will provide you with professional analysis and guidance.
Sell Gold in 2740-2750 areaGold has risen to around 2740 driven by geopolitical risks. Obviously, gold is currently in a clear bullish trend, but the more it gets to this point, the more dangerous it is. Gold is now completely out of the normal range of rise. We can see that gold does not give a big chance of callback at all now, just to make more people chase long gold at a high level. But chasing long gold in this way can easily get trapped at the top.
As for the top area of this round of gold's rise, I expect it to be in the 2740-2750 area. So after gold touches this area, gold may fall back at any time. So in short-term trading, we can start shorting gold in batches in the 2740-2750 area.
So, bros, while you are immersed in the enthusiasm of going long on gold, I am now shorting gold in batches! Let's look forward to the next results!