XAUUSD BUYHi fellow traders, XAUUSD is ready to make a move higher from the blue box after completing the correction. Target the 2593.20 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
Xauusdidea
XAUUSD BUYHi fellow traders, XAUUSD will be ready to make a move higher from the blue box after it completes the flag correction. Target the 2561.59 level. Good luck and trade safe!
Gold on the Edge: Rising Wedge Breakdown or Support Bounce?4-Hour Chart:
Consolidation Below All-Time High:
After reaching the all-time high, the price is consolidating in a rising wedge pattern. This formation reflects indecision in the market, but the overall structure suggests potential for a downward move.
Key Levels:
4H LQZ TP1 (2,550.342): A strong support level and a possible target for short positions if the price drops.
4H LQZ TP2 (2,522.172): The second support level, likely to attract buyers if tested.
Strategy: If the price breaks down from the rising wedge and fails to hold support at 2,550.342, a move toward 2,522.172 could be expected. A reversal could occur at either of these liquidity zones.
1-Hour Chart:
Descending Channel (near support): The price is trending lower after failing to break above the all-time high. The descending channel is not steep, suggesting mild bearish pressure.
Support Levels:
1H LQZ (2,542.481): Immediate support for the current descending structure.
4H LQZ (2,522.172): Deeper support, aligned with the broader market structure, giving more room for a potential pullback.
Strategy: A break below the 1H LQZ could accelerate the sell-off, targeting the 4H LQZ. Watch for consolidation or buying pressure at these levels, as they are potential reversal points.
15-Minute Chart:
Rising Wedge: The price is forming a rising wedge pattern, which is typically a bearish signal, suggesting potential weakness in the uptrend. The price has made lower highs while testing a crucial support zone.
Key Levels:
All-Time High (2,589.652): The price tested this region but has failed to sustain momentum above it. This could indicate a major resistance level.
1H LQZ (2,542.481): The first level of significant support, serving as a take-profit target (TP1) for short positions. If the price breaks below, it could accelerate toward this level.
4H LQZ (2,522.172): The next key support zone (TP2), which could act as a strong buying area if the price corrects further.
Strategy: Watch for a potential breakdown from the rising wedge. A confirmed break below the wedge and support levels could indicate a stronger move downward toward 1H LQZ or 4H LQZ.
Overall Summary:
Bearish Bias: Across all time frames, the rising wedge formation points to potential bearish pressure, especially with failure to break above the all-time high.
Key Levels:
The all-time high (2,589.652) remains the major resistance.
Watch for reactions around 1H LQZ (2,542.481) and 4H LQZ (2,522.172) for potential support and buying opportunities.
Breakout or Breakdown: If the price breaks below the wedge patterns on the 15-minute and 4-hour charts, further downside toward the liquidity zones is likely. However, a rebound could signal renewed bullish momentum.
This setup is perfect for monitoring entry points based on key support/resistance levels and the wedge formations' breakdown potential.
GOLD Gave 2 Hours Ago , +60 Pips 0 Drawdown , New Entry Valid !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.
GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Bullish Channel as an Corrective Pattern in Short Time Frame
Demand Zone
Fibonacci Level - 78.60%
Gold Giving Amazing Bearish P.A , Let`s Sell It To Buying Area !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 18 September 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As mentioned on 13 September 2024, price to indicate pullback by printing bearish CHoCH. Current CHoCH was significantly positioned away from price therefore, price could print higher-highs to bring CHoCH positioning closer to current price.
This is how price printed with CHoCH positioning being brought significantly closer to current price action.
After a very long period price has printed it's first indication of bearish pullback phase initiation which was in accordance to my intraday analysis of yesterday 16 September 2024.
Internal range has now been established.
Recent economic data, particularly from the US has influenced market sentiment such as softer US employment data leading to an expectation of a more softer approach from the Fed which typically supports Gold prices. Therefore, price will be highly volatile.
Intraday expectation: Price to continue bearish, react at discount of 50% EQ or Daily and H4 POI's.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price met yesterday's intraday expectation by targeting weak internal low.
This is in-line with all HTF as a pullback is required.
Price has printed a further bearish iBOS followed by a bullish CHoCH indicating bullish pullback phase initiation.
Intraday expectation: Price has reacted at premium of 50% EQ. Technically price should target weak internal low, however, we should be mindful that, due to geopolitical and macroeconomic conditions, price is likely to be highly volatile.
M15 Chart:
Gold Forms Triangle Consolidation, Double Top Reversal in Sight?
Yesterday, gold made its first pullback to test support and has now formed a triangle consolidation pattern. I anticipate that today will begin with an upward movement, followed by another test of resistance. However, I believe the resistance will hold, leading to another decline. Eventually, gold is likely to break below the trendline, forming a double top at the highs and triggering a significant bearish reversal.
Gold Nearing Peak: Time to Short Ahead of Expected Pullback
Gold has reached a high level, and technical indicators are starting to show signs of weakening. I anticipate that we are about to see the final short-term push upward, followed by a return to a downward consolidation trend. Prices are expected to drop below 2550.
The current trading strategy is to initiate short positions, gradually adding more as the price fluctuates, and holding until the downward trend begins.
Gold Stagnates at Resistance: A Breakdown Imminent?
Gold has been consolidating at its high levels for some time, with the resistance zone clearly defined. As long as this resistance remains unbroken, the primary focus should be on short positions. The longer the price consolidates, the sharper the eventual decline is expected to be.
Gold: Will start selling above 2590
Currently, the gold price is at 2584. I believe it should rise to the 2590-2596 range before starting to decline, with a significant drop likely to occur, potentially reaching the 2563 area. Therefore, I plan to initiate a sell position near 2590, with take-profit targets set in the 2573-2561 range.
Gold's price movement could be influenced by market supply and demand, geopolitical risks, and economic data, so I will closely monitor market developments to adjust my strategy as needed.
GOLD Will Go Down! GOLD made a bearish
Breakout of the key
Horizontal level of 2505.38$
And the breakout is confimred
So after a potential pullback
To retest the new resistance
Above we will be expecting
A further bearish continuation
XAU/USD 17 September 2024 Intraday Analysis H4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As mentioned on 13 September 2024, price to indicate pullback by printing bearish CHoCH. Current CHoCH was significantly positioned away from price therefore, price could print higher-highs to bring CHoCH positioning closer to current price.
This is how price printed with CHoCH positioning being brought significantly closer to current price action.
After a very long period price has printed it's first indication of bearish pullback phase initiation which was in accordance to my intraday analysis of yesterday 16 September 2024.
Internal range has now been established.
Recent economic data, particularly from the US has influenced market sentiment such as softer US employment data leading to an expectation of a more softer approach from the Fed which typically supports Gold prices. Therefore, price will be highly volatile.
Intraday expectation: Price indicate pullback by printing bearish CHoCH.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price did not meet yesterday's intraday expectation by printing a bearish iBOS.
This was expected as all HTF's require a pullback.
Intraday expectation: Price has reacted at premium of 50% EQ. Technically price should target weak internal low.
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 2h 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.
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
GOLD Broke The Res , Best Place To Buy Clear Now To Get 500 PipsThis 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 16 September 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
As mentioned on 13 September 2024, price to indicate pullback by printing bearish CHoCH. Current CHoCH was significantly positioned away from price therefore, price could print higher-highs to bring CHoCH positioning closer to current price.
This is how price printed with CHoCH positioning being brought significantly closer to current price action.
Recent economic data, particularly from the US has influenced market sentiment such as softer US employment data leading to an expectation of a more softer approach from the Fed which typically supports Gold prices.
Intraday expectation: Price indicate pullback by printing bearish CHoCH.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Due to several factors such as geopolitical tensions and many macroeconomic factors XAU continues to surge.
Price has printed a further bullish iBOS followed by a bearish CHoCH indicating bearish pullback phase initiation.
Intraday expectation: Price has reacted at discount of 50% EQ. Technically price should target weak internal high.
M15 Chart:
Historical high for pullback target 2500Historical high for pullback target 2500
Fundamental Analysis of XAU/USD
US Federal Reserve Monetary Policy:
Interest Rates: Higher US rates make the dollar stronger and reduce the attractiveness of gold, as the precious metal does not pay interest. Lower rates, on the contrary, weaken the dollar and increase demand for gold.
Inflation: Gold is often used as a hedge against inflation. Rising US inflation could push gold prices higher.
Economic and Geopolitical Risks:
Gold has traditionally been a safe haven asset, which is in demand during times of economic uncertainty or geopolitical crises. Examples include global financial crises, military conflicts, and tensions between countries.
US Dollar Rate:
Since gold is quoted in dollars, the movement of the USD rate directly affects the price of gold. A weak dollar makes gold cheaper for foreign investors, which increases its demand.
Gold Demand:
Physical Demand: Industrial demand, jewelry demand, and investment demand (through gold ETFs) are also important for gold price dynamics.
Central Bank Stocks: When central banks buy or sell gold, it can have a significant impact on its price.
XAU/USD Technical Analysis
Technical analysis uses price charts and indicators. Some popular methods of analysis include:
Trend Lines:
Analyze the long-term trend (upward, downward, or sideways). If the trend is up, gold may continue to rise unless there are signs of a reversal.
Support and Resistance Levels:
Identify key levels where the price has bounced or held off previously. These levels can be used to decide when to enter or exit a position.
Indicators:
Moving Averages: Used to analyze the general direction of a trend. A crossover of a short moving average with a long moving average from top to bottom may indicate the beginning of a downtrend, and vice versa.
RSI (Relative Strength Index) indicator: Shows whether an asset is overbought or oversold. Values above 70 indicate overbought, below 30 indicate oversold.
MACD (Moving Average Convergence Divergence): Helps to assess changes in the strength and direction of a trend.
Candlestick patterns:
Some candlestick combinations, such as Hammer, Engulfing, or Doji, can signal a price reversal or continuation of the current trend.
XAUUSD - GOLD - Scalping Mode! 16th SeptLet's see what the market has to offer.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
#XAUUSD: 900+ big move in making| Do not miss out| Setupsfx_OANDA:XAUUSD
Gold has been accumulating since past few weeks and it has now reached an exhaustion point where we expect a breakthrough taking out buy side liquidity and creating a record higher high. Since last three days we have been waiting for an outbreak since it did not happen last week even with help nfp. Now looking at how price is behaving we are confident enough that price is going to breakthrough the accumulation phase. As always this is not a guarantee and should only be used for secondary bias, do your own analysis before taking any trade on any instruments. Good luck.
XAUUSD: Price is Moving as we had predicted in previous chart! Dear Traders,
We had predicted the last bullish move that occurred from 2430 to 2500 as we had explained why we think that price will move big from 2430 region. Now, as the price in final phase of AB=CD pattern, last CD pattern move will be crucial for us to reach our final target which will be 2550. Good luck.
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 2h 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.
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
XAUUSD 60$ did you catch it? XAUUSD updateXAUUSD came to channel patern top now we can see a rejection at 2480 to 2490
If we get 15 min choch conformation only go for sell side
Otherwise maket will blow your account in a sec
Happy trading 🥰
XAUUSD Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure and Retracement
Fibonacci Level - 127.00%
CHOCH
