XAUUSD TRADE SETUPMarket price is bullish momentum so when price is reched our ressistance level and creat bearish momentum and confirmation then take a trade for Sell otherwise skip this setup
GOLD trade ideas
xau/usd analysisHello,
This is an analysis of Gold for the current week.
Considering the full-bodied nature of the daily candlestick, the likelihood of an upward movement is very high. Therefore, in the event of a price correction, the first support level ahead is at 2711.4. With proper risk management and a stop-loss in place, we can take a low-risk long position.
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NEW IDEA FOR GOLD#GOLD
Increasing geopolitical tensions could lead to an increase in gold
By examining the trend in the one-hour timeframe, gold has an important support range in the range of 2663-2633, and now, given the rate being above the bullish Kumo cloud of the Ichimoku indicator, there is a possibility of an increase in price.
Overall, this scenario is strengthened that the rate can increase to the resistance of the upper range of the Bollinger Band indicator in the range of $ 2822, provided that it maintains and does not record any one-hour candlestick close below the important support range in the range of 2663-2633.
Weekly Analysis on Gold For next week trading journey i will still look for possible buying opportunities but if candles start closing below the red line then thats the time i will look for possible sell trade opportunities.
GOLD RISKY SHORT|
✅GOLD is going up now
But a strong resistance level is ahead at 2720$
Thus I am expecting a local pullback
And a move down towards the target at 2683$
SHORT🔥
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GOLD Short scalp 22/11/24Gold has run up massively due to international tentions. Currently the 4hr high at 2710 is being respected. Tentions between Russia and Ukraine peaked as Russia deployed icmb's and the only logical perspective is that Russia was never bluffing with its threats to Nato. Going forward we can assume that leaders will want to deescalate as opposed to being blasted in nuclear hellfire. This should bring in a bear influx to gold.
GOLD Will Fall! Sell!
Please, check our technical outlook for GOLD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2,699.516.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2,653.450 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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XAUUSD GOLD OUTLOOK TERM IDEA EXPECTED GOLD will out look We Expect Price will Breakout from 2650 Now Gold Current Price Moving to long term Idea 2700 here We stay in buy side Resistance Area 2700.
you May find detils in the chart Piz Support with like and comments
Gold confirm buy here is opportunity read the caption he USD rallied hard on Wednesday, tracking the sharp gains in the US bond yields as traders reinforced the Trump trades optimism, digesting hawkish Fed commentary and poor 20-year bond auction results.
Most of the Fed officials who spoke on Wednesday sound a bit hawkish, prompting markets scale back their expectations of a 25 basis points (bps) interest rate cut in December
falling Wedge falling wedge is a bullish pattern
in the process showing downward accumulation than a brief moment of manipulation than some distribution
Understanding Gold's Path to$2680:Key Levels and Market BehaviorThe current correction in Gold is likely targeting the $2680 level, which remains relevant. However, there's also an interesting level at $2640 that has emerged along the way .
This doesn’t change the overall bearish outlook for Gold, but I want to highlight something new!
I’m pointing out an important detail for you: the price behavior at the $2590 level. Previously, this level was broken by a bearish candle (1), and the price has returned to it (2). The devil is in the details!
Here’s the insight: if the price approaches this level from below again (as it has), breaks through, and then holds above it (1-2), we could see an upward trend. And vice versa. This pattern occurs very frequently across all instruments.
The reason for the 'trigger' nature of the candle breaking support is that it serves as a trigger for many traders, including large ones. A well-established breakout pattern generates a chain of events and actions that are subsequently utilized by 'other' market participants.
Keep an eye on it, or better yet, backtest it and draw your own conclusions!
Gold Targets $2,706: Bullish Momentum BuildsGold prices continue to recover, driven by a clear cup-and-handle pattern on the 4-hour chart, signaling potential upside toward $2,706 and beyond. Supported by the 21 EMA and 50 EMA, gold has maintained its bullish momentum within an ascending channel.
Currently consolidating near the handle's breakout zone, a sustained move above $2,706 could propel prices to $2,740 and potentially $2,780, aligning with the pattern’s target. However, a failure to hold $2,620 may lead to a retest of $2,580. For now, the outlook remains firmly bullish as buyers dominate the market.
Daily analysis Gold climbed for the third consecutive day on Wednesday, setting a new one-week high. The escalation of tensions between Russia and Ukraine has exacerbated geopolitical concerns, and investors seek to avoid risks. Russian President Putin lowered the threshold for the use of nuclear strikes to deal with wider conventional attacks. While the price of gold rose, the US dollar also rebounded significantly on Wednesday, which limited the rise of gold to some extent. Last week, as the dollar index hit a new one-year high, gold suffered the largest single-week decline in more than three years. Two Federal Reserve directors expressed opposite views on the direction of U.S. monetary policy on Wednesday. Bowman said that in the past few months, the inflation rate has remained high and fluctuated horizontally, so the Federal Reserve needs to act cautiously. Cook expressed confidence in the continuous easing of price pressure. According to CME
For the FedWatch tool, traders believe that the possibility of the Federal Reserve cutting interest rates by 25 basis points in December is 55%, while the probability of lowering interest rates by another 25 basis points in January is only 15%.
According to the technical chart, the RSI and stochastic index have rebounded from the serious oversold area with the rebound of prices. If calculated by the cumulative decline in the month, the rebound of 38.2% and 50% will reach $2,633 and $2,662, and the expansion to 61.8% will be $2,692. The larger resistance is expected to be 2750, and the key target in the medium term is still the 2800 barrier that failed to break through last month. The closer support is estimated at $2,618 and 2,580, and the next level is estimated at $2,535.
Gold possible sell Liquidity has been created and cleared while our entry has been activated, risk management is the king, unless my losses will hold me captive
GOLD FURTHER SELL OFF?! (UPDATE)For those of you who watched yesterday‘s video update, well done as you know we were expecting further upside towards Wave B, which is close complete now, so you could have caught some short term buy’s🫡
Also, as I said on yesterday‘s video, we’re now expecting some form of flat correction to take place within minor Wave 1 schematics of major Wave B. Let’s see how this plays!
XAU\USDGOLD breaking through resistance 2630.
Hope the the market gives us a good continuation setup as the market push towards 90%.
GOLD-SELL strategy 90min chartWe are quite overbought currently, and judging regression channel, we likely will return $ 2,605 area again.
Strategy SELL @ $ 2,630-2,640 and take profit near $ 2,607 for now.
A price action swing resistance level.i this example i am watching this swing resistance level to traded back to and then goes lower.
XAUUSDXAUUSD @ 2611.59 SL 2619.79 TP 2576.87 - Previous entry closed out +188 pips in profit. The entry before that one closed 10 pips. Enough to cover the spread and get some chap stick:)
A low risk for now, lol we know Gold can get spicy! This is where we are now. Stay tuned!
T.Y.L.A.
Gold technical move Gold analysis involves examining the various factors that influence the price and demand for gold in global markets. This includes evaluating economic indicators such as inflation, interest rates, and currency fluctuations, as well as geopolitical events and market sentiment. Analysts also consider supply and demand dynamics, including mining production and investment trends. Gold analysis is critical for investors and traders looking to understand price movements and make informed decisions about buying, selling, or holding gold as part of their portfolio.
GoldTVC:GOLD what's on Gold after bulls have been on control price has dropped impulsively to 2,660.006 zone and has found support. Now price has hit 2,673.194 level which means for now on consolidating between those 2 zones. However as price overall is still bullish I'd advise to take a buy after price breaks 2,660.006 zone and only take a sell once we brea the 2,673.194 zone. Good luck traders.
GOLD M15 BEARISH TREND BEARISH OUTLOOK :
GOLD prices are expected to fall today, driven by a weakning gold prices , the precious metal gold is likely falling uncertainly.
TECHNICAL ANALYSIS :
in technical insights , gold is falling as the market opened tonight , moving average indicator indicates a bearish trend .
TRADING STRATEGY :
according to our analysis , we recommend you a short position in gold market , targeting a move towards the 2656 level, however traders should cautious f potential pullbacks and adjust their strategies accrdingly .
BEST WISHES TOM 😎
possibility of downtrendIt is expected that a trend change will form within the current resistance range and we will witness the start of an downtrend. In this case, the possibility of reaching the previous low range will be possible.
If the price consolidates above the 78.6% level, the upward trend will likely continue
