Black Friday saleUp to 70% OFF
CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

GOLD trade ideas

XAU/USD "Gold vs USD" Market Money Heist Plan on Bearish SideHallo! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist XAU/USD "Gold vs USD" Market 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 Pink 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 in pullback. Stop Loss 🛑 : Recent Swing Low using 2h 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. 💖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. Stay tuned with me and see you again with another Heist Plan..... 🫂
FXOPEN:XAUUSDLong
by Thief_Trader
The yellow precious metal recovered as the USD weakened.The yellow precious metal recovered as the USD weakened. The DXY index measuring the greenback's strength fell to 106.21 points. However, US Treasury bond yields continue to rise, leading many experts to limit gold's gains. According to analyst James Hyerczyk at FX Empire, the gold recovery occurred when the USD temporarily paused below its highest level in a recent year, making gold more attractive to investors who do not use it. Use USD. Hyerczyk emphasized that the 2,604.39 resistance mark is “an important technical level” that traders are watching closely. “If this level is sustained, the price could rally sharply, towards the 50-day moving average at 2,653.63 and the retracement zone from 2,663.51 to 2,693.40,” he said. However, Hyerczyk warns that if there is renewed selling pressure at higher levels, this could indicate continued downward pressure on gold prices. Conversely, he said a fall in gold prices below 2,536.85 would signal weakness and the potential for a deeper decline towards the 200-day moving average at 2,403.46. He also added that traders will closely monitor comments from Fed officials this week for a clearer view of monetary policy. “Upcoming US economic data, such as housing and manufacturing reports, will also influence the direction of gold prices,” he said.
OANDA:XAUUSDShort
by FalCol_TradingMaster
Weekly ScenarioEverything on the chart but here’s my simple take on the chart: Right now, it looks like price has dropped pretty sharply, hitting the 0.236 Fibonacci retracement. This level is often a weak spot, meaning the drop might not be over yet. If price keeps falling, I think it could head toward $2,610 or $2,590, where there seems to be stronger support and likely more buyers waiting. These levels align with deeper Fibonacci zones and areas where the market might reverse higher. On the other hand, if price stabilizes here and starts moving up, it could aim back toward $2,680-$2,700, which is resistance for now. My gut feeling and I might be wrong of course is that price will be bearish first. A dip lower this week to grab liquidity (sweep stops below $2,610 or $2,590). Once at Fibo 0.786 I think a strong bounce could happen, especially if the market sees this as a buy-the-dip opportunity in the bigger uptrend. If you're shorting, aim for the deeper levels ($2,610 or $2,590) but watch for signs of a reversal to close quickly. If you're looking to buy, wait for price to drop deeper OR confirm strength (a proper rebound with structure shifts) before jumping in. I could be wrong, so let price action guide you. Keep an eye on how it behaves around those key levels
OANDA:XAUUSDShort
by MedinTrade
GOLD HIGHT PROBABILITY SETUP!!According to Candle Range Theory (CRT), GOLD price swept the previous week high (CRT LOW), and this daily candle (today's candle (22/11/2024)) must close below the previous week high (CRT HIGH). If this daily candlestick closes below, the whole week next week (25/11/2024) gold will be selling (bearish). The target will be Previous week low (CRT LOW). Another thing, on weekly timeframe you will see gold has touched the bearish fair value gap (FVG) which was our internal range liquidity (IRL) but on Daily timeframe we still have to touch the bearish FVG with a rejection, then we can sell. “I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.” - Jim Rogers
OANDA:XAUUSDShort
by Siphesihle_Brian_Thusi
XAUUSD DAILY INTRADAY TRADING IDEA The Disciplined Trader How to Enter the Chart for Intraday Trading: 1. Identify Candle Closure: ○ Look for a candle to cross your predetermined zone and close beyond it. 2. Validate the Break: ○ After the candle closes, if the current new candle breaks the previous high (for buys) or low (for sells), the trade is valid. ○ Refer to point 4 for additional confirmation. 3. Use Higher Time Frames: ○ Use the H4 chart for more accurate results and to identify stronger levels. 4. Wait for Retest: ○ Always wait for a retest of the broken zone before executing positions. This helps avoid getting caught in fakeouts. 5. Intraday Focus: ○ Remember, this strategy is specifically designed for intraday trading. 6. Consider Volume Spikes: ○ Be aware that during high-volume periods (e.g., London open, NY open, NYSE open), there might not be a retest. 7. Set Stop Loss: ○ Use a stop loss of 30-40 pips to manage risk effectively. -THE TRADER'S HUB FAMILY-
CITYINDEX:XAUUSD
by THEDISCPLINEDTRADER
World gold prices rebounded strongly as tensions escalatedGold prices increased due to bottom-fishing demand skyrocketing in the context of increasing Russia-Ukraine tensions. President-elect Donald Trump is unlikely to end the Ukraine conflict soon after coming to power on January 20. Currently, investors' attention is also focused on some officials of the US Federal Reserve (FED), who are expected to give speeches this week. Market expectations for a December rate cut have dropped significantly, with odds now at 55.7%, down from 82.5% just a week ago. Ms. Lisa Cook - member of the FED Board of Governors said that the country's inflation continues to decline, with wages and the job market "cooling down", rising prices mainly in the housing sector. With this trend, the FED's continued interest rate cuts are considered still appropriate. However, she did not confirm the possibility that the FED will cut interest rates at its next meeting in December. Goldman Sachs - one of the world's leading investment banks, has just raised its gold price forecast to 2,900 USD/ounce, about 89.2 million VND/tael in early 2025, an increase of 200 USD compared to the previous forecast. there. 🔥 XAUUSD SELL 2698 - 2700🔥 💵 TP1: 2685 💵 TP2: 2675 💵 TP3: OPEN 🚫 SL: 2708 🔥 XAUUSD BUY 2673 - 2675🔥 💵 TP1: 2685 💵 TP2: 2695 💵 TP3: OPEN 🚫 SL: 2668
OANDA:XAUUSDLong
by FalCol_TradingMaster
gold is bearish now, we can sell it nowWhen analyzing the reasons for selling gold on a 1-hour (1H) chart, several technical and market factors might influence the decision to sell. Here are some potential reasons to consider: ### 1. **Price Reaches Resistance Levels** - **Resistance Zones**: If gold has approached a previously established resistance level on the 1-hour chart (e.g., a price level where it has reversed in the past), this could suggest that the price is likely to face selling pressure. A failure to break above this resistance could prompt traders to sell. ### 2. **Bearish Technical Indicators** - **Moving Average Crossovers**: A bearish crossover, such as the 50-period moving average crossing below the 200-period moving average (a "death cross"), could signal potential downward momentum, prompting traders to sell. - **RSI (Relative Strength Index)**: An RSI above 70 may indicate that gold is overbought, and traders may anticipate a price pullback, leading to selling activity. - **MACD (Moving Average Convergence Divergence)**: A MACD bearish crossover (when the MACD line crosses below the signal line) can indicate weakening bullish momentum and a potential sell signal. ### 3. **Price Action (Candlestick Patterns)** - **Bearish Candlestick Patterns**: Patterns such as "Engulfing" (a large bearish candle followed by a smaller bullish candle) or "Doji" (indicating indecision) after a rally may suggest that sellers are starting to dominate, potentially leading to a price reversal. - **Rejection at Key Levels**: If gold tests a key support or resistance level and then forms a bearish candlestick (like a pin bar or shooting star), it may signal a reversal, prompting traders to sell. ### 4. **Divergence** - **Bearish Divergence**: If the price of gold is making new highs, but technical indicators like the RSI or MACD are making lower highs, this can indicate that momentum is weakening, and a reversal could be near. Traders may sell in anticipation of a price decline. ### 5. **Overbought Conditions** - **Price Surge Without Fundamentals**: If gold has surged due to market speculation without strong fundamental backing (e.g., geopolitical events or inflationary fears), traders may view it as overbought, especially when the price is far from key support levels. - **Excessive Buying Volume**: A rapid increase in buying volume, followed by a slowdown or reversal, might indicate that the buying has been exhausted, leading traders to sell. ### 6. **News or Economic Data** - **Hawkish Central Bank Stance**: If economic data or central bank announcements suggest that interest rates are likely to rise or monetary policy will tighten, gold prices may fall as investors shift to higher-yielding assets. This could trigger sell-offs. - **Strong Economic Data**: Positive economic reports (such as better-than-expected GDP or employment data) can reduce the demand for gold as a safe-haven asset, leading to selling. ### 7. **Market Sentiment Shifts** - **Risk-On Sentiment**: If investors become more risk-on, driven by positive news or a recovery in stock markets, they might sell gold (a safe-haven asset) in favor of riskier assets like equities, leading to downward pressure on gold prices. - **Commodity Price Movement**: If other commodities or the U.S. Dollar show signs of strengthening, it might influence gold prices to drop, especially if there is an inverse correlation. ### 8. **Profit-Taking** - **End of Uptrend**: After a strong upward move, some traders may decide to lock in profits, especially if they believe the gold price has reached a peak or the market is overextended. In summary, the decision to sell gold on a 1-hour chart could be based on a combination of technical indicators, price action, market sentiment, and economic factors. Traders often look for confirmation of signals before making decisions, so a confluence of several of these factors can increase the probability of a successful trade.
OANDA:XAUUSDShort
by forexcapitals123