GOLD BUYS Entry Gold reached support
Placed buys at 2718.49
Expecting gold to retest 2731- 2732 area.
XAUUSD trade ideas
Xauusd buy idea We’ve just swept liquidity off our 1hr swing low, and now we’ve given a 5min internal change of character, which indicates gold still maintains its bullish momentum
XAU 2H Optimal Set upsa first range nya parehas nagkaroon ng BO pero sa downside nya hindi pa masyado obvious.
But, on a candlestick behavior lumabas itong mahabang bearish candle so to confirm para sakin na mag continue sa bearish side.
gumagawa na sya ng bagong range (highs and lows) kung napapansin nyo yung bahay at hammer.
bahay means na dapat mag stay o hindi mabreak yang area na yan if hindi mabreak dapat sa low ng conso area which is yung hammer dapat mabreak nya. causing a confirm breakout for me.
then babalikan nya si gap area (red circle) para magkaroon ng chance si buyers to try ipush upward. (case to case basis to depende sa pag gawa ng structure at candlestick)
If confirm na nahold si bahay at that area, at naconfirm din na nabreak si hammer.
most probably my Sell entry around (2747, 2750, 2753)
XAUUSD - Today's Setup - 25/10Good morning, traders! 🌞
Here’s my final setup for the week! 📊
I’m keeping an eye on these two zones, leaning bearish for now as gold pulls back a bit from its all-time high and starts its correction. 📉✨
If you’ve found success with my setups, don’t forget to follow and give my posts a boost! 🔥🙌
Have a fantastic weekend, and happy trading! 💸✨
Gold Valuable Insights: for 25-OCT-2024 Today's Gold trading zones: A starting point for your market analysis.
Gold continues to rebound after correctionIn terms of technical form, although the price of gold has retraced during the day, it is mostly bullish correction, and the upper highs are being refreshed every day.
Gold focuses on support near 2740, the position of the previous top-bottom transition, and upper resistance near 2771 and 2778.
XAUUSDT dump ahead (Soon below 2500$)As we said before price now is near major daily resistance zone and red trendline resistance and technically we need dump and rest here for price like the red arrows on chart unless any more war news release.
DISCLAIMER: ((trade based on your own decision))
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Gold Will Be On Roller Coaster To Slide SoonInstrument:
Time Frame: H4 Chart
Observations:
1. A Strong coach was identified after several BOSes
2. That Coach changed the direction of trend from up side to down.
3. Trend has given give respect to P.O.I getting instant reversal with morning star candle Means P.O.I is working as a strong Resistance Zone for the trend
4. Big Fair Value gap was observed at the place of CHOCH
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:3)
little above the Order Block will be our S.L.
Little below the Previous L.L will be our Take Profit but we have Broken Take Profits in two parts that are mentioned their on chart
XAUUSD - Approaching strong resistance?After a strong up move, XAUUSD seems to be approaching some strong resistance. If the resistance can be claimed, the up move can continue, otherwise we could see a correction or even a reversal from there.
Not financial advice.
XAUUSD #007 ( see you there , CORRECTION PHASE !!! ) Hello dear traders.
Good days.
First of all thanks for your support and comments.
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On weekly Gann Square gold reaches to the 0.618 Gann Box Fib level.
Expected to correct price to 0.5 or even 0.382 Gann Box level .
Good luck and safe trade .
Gold's New ATH is Just Waiting For One Push" Gold prices have surged to historic highs ahead of the US elections, fueled by geopolitical tensions in the Middle East and Ukraine. Despite this uptrend, our chart analysis reveals a clear triangle pattern, with candles oscillating within established support and resistance zones. Notably, gold reversed its downturn at 2708, suggesting a bullish trend now. Our target for gold's new all-time high (ATH) is 2772"
XAU ! 10/24 ! Adjustment and price decreaseXAU / USD trend forecast October 24, 2024
Gold price (XAU/USD) rises to the $2,736-$2,737 range during the European session, recovering some losses from the previous day’s pullback from a record high. Ongoing Middle East conflicts and uncertainty around the upcoming US Presidential election on November 5 boost demand for the safe-haven asset. Additionally, a slight dip in the US Dollar from its near three-month high and falling US Treasury yields further support gold's upward movement.
Gold price continues to be in the long-term uptrend - however, there needs to be adjustments for the market to stabilize and rebalance. Expected price range 2700 - 2680 in the short term
/// SELL XAU : zone 2740-2743
SL: 2748
TP: 50 - 200 - 300 pips (2713)
Safe and profitable trading
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 on relentless rally / #2,800.80 TargetTechnical analysis: Following today’s session spread divergence on Gold’s Spot-prices (Xau-Usd Spot) and Gold Futures are attempting a balance and they are pretty close at the moment which indicates that Gold should be Trading according the Fundamental rules. My focus is on Spot-prices as always which were Trading on Selling pressure throughout the E.U. session but engaged the Short-term upswing in form of a spike as U.S. session is approaching. Naturally, it becomes obvious that Technically, mini Buying leg should be already over with the multiple Top’s on Hourly 4 chart, however Gold is Trading under heavy Buying pressure. It is my belief though that the extension can be as High as the #2,757.80 - #2,762.80 on Short-term, since #2,752.80 psychological barrier / Medium-term Resistance now posing as an Support is invalidated. Daily chart remains marginally Bearish, however Gold is not reacting as negatively as one would expect to with such DX developments. However, DX is pulling back also after hitting it’s April’s Resistance, so in my opinion, I am expecting this week’s Bearish sequence to continue only when Sell-off below #2,752.80 benchmark is delivered. Yields sold back last week’s peak and are suffering Intra-day losses. I am expecting Gold to re-test levels close to #2,720’s within #1 - #3 session horizon.
My position: Price-action is trapping Sellers on Daily basis as Sellers are in attempt to find the correction and book it however Gold is on relentless relief rally and will continue to do so. I Sell also but with very tight Stop's as yesterday and as my #5-point Stop is triggered I Bought Gold immediately on #2,737.80 and closed on #2,756.80 (kept Overnight). I am well known Seller but now I am Buying most of the times both Short and Medium-term. Even though Hourly 1 chart's cycle is pointing on Double Top's and reversal on similar Rising Wedge, Gold is delivering small corrections just to soar more / take it into consideration as I maintain #3,000.80 as my Medium-term Target.
short on gold at 2 steps 2747---2757i think gold has finished its wave W and its in wave X now...wave a of it has done already and we r now in wave b up...this wave could goes up to 78--127% last wave down...means we can sell it at 2747---2757 at two steps...even we can sell it at 2767 if this wave continue to 127% means 2767...so we can sell at three steps...good luck guys
XAUUSD / OVERALL UNDER BULLISH PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Price Behavior , Prices are trading inside a demand zone—a price range where buying interest is expected to be strong, leading to potential price increases.
Today, prices have declined by 1.80%, signaling short-term weakness.
A potential decline is expected to continue toward the demand line at $2,685. This level serves as support, where buyers may step in to stop further declines.
If prices stabilize inside the demand zone or if a 4-hour candle opens above/inside the zone, this suggests a potential increase.
In this case, the target price levels are $2,750 and $2,757, implying a bullish rebound.
If prices break below the demand zone, this indicates further weakness.
In this case, prices are expected to decline further toward $2,685 and possibly $2,663, suggesting a bearish continuation.
Gold Spot / U.S. DollarHello to all dear traders. I have provided the daily analysis of the gold chart for you. In the specified ranges, there are excellent buying opportunities up to a defined ceiling. This analysis is quite simple and straightforward, requiring no special explanation. Let's hope for a world without war and cheaper gold.
Thank you very much,
Fereydoon Bahrami
"A retail trader in the Wall Street trading center (Forex)."
Ready Signal live market trade 🔔GOLD SELL NOW! 💎
🔸 Entry point : 2753
🔹 TP : 2735
🔹 Stop Loss : 2757.60
🔹 Risk Reward = 1:3
Use proper money management 💸
Note :-👇
*The market always has unpredictable fluctuations, Risk management is always tha number one priority.*
Notice‼️
Max to max 5% risk per setup.
GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an corrective pattern in Short Time Frame
Break of Structure and Retracement
Demand Zone
Order Block
Completed " 12345 " Impulsive Waves
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈
I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern.
Market Context:
On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market.
The Entry Setup:
On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout.
I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside.
Floating PnL:
Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups.
This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀
Leave a comment if you surfed with this trend too!
Gold has rebounded and stabilized. Can it continue to rise?The gold price did not fall rapidly after reaching the hourly peak of 2738, indicating that there is no resistance above and there is still an expectation of continued rise.
The lower support for gold is near 2732, and the upper resistance is near 2750 and 2756.
XAUUSDHere is our view and update on XAUUSD . Potential short opportunity.
As per our last mind, we were waiting for signs of exhaustion on XAUUSD . As we failed to break a new ATH today, we could consider this a “double top” as well.
In detail,
We failed to break a new ATH (All Time High) . We will most likely drop down to 2714 which is an important KL (Key Level) for us. If broken, we will see deeper pullbacks to 2696 or even revisiting our previous ATH at 2685 . Keep in mind if our KL at 2714 is not broken, we might consolidate between levels 2714 - 2740 .
PARAMETERS
- Entry: 2731.561
- SL: 2743
- TP: 2685.800
KEY NOTES
- XAUUSD failed to create a new high.
- XAUUSD price is showing slight exhaustion.
- Break below our KL (Key Level) could result in more downside.
- Failing to break our KL could result in some consolidation.
Happy trading!
FxPocket
