GOLD GOLD defended 2833-2830 demand floor to close 2856.8 ,as the week open i will be looking for sell at 2909-2913 and next sell zone will be 2897-2900
XAUUSD.P trade ideas
Gold technical analysis H1 Time Frame.Gold forecast and technical analysis H1 Time Frame next move possible. Gold continuously respect this trend line. Not financial advice.
gold 4hour say = it overbought hi my friends
after my 4-5 day calculation for gold upper target i find 3050.00$ as upper target ! but i belive we must see 4-5 day range(zigzag) then go down to supprt
so i put sellstop under last low ok? like always SL=last high (break last high,can push gold upper)
after sellstop open wait 10day,dont close it soon like new stupid traders
in fibo 61% near 2740 i will look for buy not now
wish you patience , be sure i want you win
let see gold futures daily candels and important daily AC indicator
2.28 Gold Trading Strategy Analysis
On Thursday (February 27), gold accelerated its decline and once lost the 2870 mark, mainly under the pressure of a stronger dollar and rising U.S. Treasury yields, while investors awaited key inflation reports to assess the Fed's policy path. The U.S. dollar index rose 0.6%, further away from the recent 11-week low, after U.S. President Trump's vague promise to impose tariffs on the European Union and further postponement of tariffs on Canada and Mexico caused market volatility. Trump said on Tuesday that "the 25% tariff on Canada and Mexico will take effect as planned on March 4", and on Wednesday he changed his words and said "it may be postponed to April 2", while threatening to impose a 25% tariff on the European Union. The dollar rose slightly as U.S. President Trump's recent remarks on his trade policy plans have increased market uncertainty.
Despite the rebound in the dollar, the market is still betting that the Federal Reserve will cut interest rates twice this year (the first in July and the second in October) due to increasing concerns about economic slowdown. The U.S. consumer confidence index plummeted to 98.3 on Tuesday (expected 102.5), the biggest drop since August 2021. The rebound in the benchmark 10-year Treasury yield has reduced the appeal of non-yielding gold. A slight recovery in the dollar and Treasury yields has weighed on gold to some extent, but the overall uptrend in gold remains intact. Several Fed officials will speak later in the day to provide the market with more insights into possible rate cuts by the Fed this year. The market will next focus on the Fed's preferred inflation indicator, the personal consumption expenditures (PCE) index, which will be released on Friday. According to a Reuters poll, the market generally expects the monthly PCE index to be 0.3%, the same as in December 2024. The market is currently very sensitive to growth concerns, especially after last week's dismal U.S. Purchasing Managers' Index (PMI) data. If the PCE result is stronger than expected and suggests that the Fed will not cut interest rates in the near future, it may have a negative impact on gold. Gold is seen as a safe haven against political risks and inflation, but higher interest rates will reduce the appeal of this non-yielding asset. Meanwhile, Russian and American diplomats will hold talks in Istanbul aimed at resuming their respective diplomatic missions, which is seen as a step towards ending the war in Ukraine.
Gold market trend analysis:
Gold technical analysis: Gold finally fell. From the trading strategy of last weekend, our team has been reminding people to pay attention to this week's big waterfall. Traders who follow our trading strategy have made enough profits. The whole day has been emphasizing that the top structure of gold has been built. Today, gold fell like a waterfall, breaking through the 2870 support line, and the top pattern was officially established. Gold is getting weaker and weaker, and rebounds are opportunities for shorts.
Gold's 1-hour moving average continues to diverge downward to form a dead cross. Gold has refreshed its low again. Gold's downward space has opened up again. Gold shorts have just begun, and rebounds are opportunities for shorts. On the whole, our professional and senior gold analyst team recommends rebound shorting as the main strategy for short-term gold operations today, and callback longing as the auxiliary strategy. The short-term focus on the upper side is the 2888-2890 resistance line, and the short-term focus on the lower side is the 2830-2834 support line.
Xauusd scenario 27/02/2025Morocan Darija : kanchof price bEARISH
English : there is possibility of a Bearish scenario.
ATENTION : I only share my ideas, not signals.
GOLD | Bearish Reversal Pattern – More Downside Ahead?### **Analysis & Description:**
This is a **1-hour chart of XAU/USD (Gold vs. U.S. Dollar)** from TradingView, highlighting a **bearish trend reversal pattern**. The price action forms a series of **lower highs and lower lows**, indicating a clear **downtrend formation**.
#### **Key Observations:**
1. **Lower Highs & Lower Lows:**
- The chart outlines a classic **bearish market structure** with multiple rejection points.
- Each bullish rally is met with strong selling pressure, leading to a downward continuation.
2. **Momentum Weakness (MACD Indicator):**
- The MACD at the bottom indicates **bearish momentum**, with both the MACD line and Signal line in negative territory.
- This suggests that selling pressure dominates and further downside movement is likely.
3. **Price Projection:**
- The final arrow suggests **further downside movement**, possibly breaking below key support zones.
- If price breaks below the **$2,807 support**, it could accelerate selling toward **$2,780 – $2,750 zones**.
4. **Possible Trading Strategy:**
- **Bearish Confirmation:** Traders should watch for a breakdown below **$2,807** for a short-selling opportunity.
- **Bullish Reversal?:** If price forms a strong support at **$2,807**, we may see a bounce before further downside.
### **Conclusion:**
Gold is currently in a **short-term downtrend**, and traders should be cautious of potential bearish continuation. However, **fundamental news events** could also impact price action, so it's essential to monitor economic data and market sentiment.
#### **Key Levels to Watch:**
- **Support:** $2,807 – $2,780
- **Resistance:** $2,846 – $2,880
📉 **What do you think? Will gold continue to drop, or will we see a reversal soon? Drop your thoughts below!** 🚀
GOLD → False breakdown before further declineOANDA:XAUUSD updating lows within the changing local trend structure. The price is currently testing the liquidity zone at 2852, with a potential rebound before further downside movement.
Gold registered its lowest level in two weeks, dropping below $2,900 in Asia on Friday, breaking an eight-week bullish streak. The metal remains under pressure from the stronger U.S. dollar, influenced by Trump's tariff policies and U.S. economic conditions. Trump confirmed that tariffs on Canada and Mexico will take effect as scheduled on March 4 and also threatened to impose a 25% tariff on European Union imports, along with an additional 10% on Chinese goods. Additionally, weak U.S. GDP data (2.3% in Q4) and rising jobless claims have further supported the dollar. Traders are now awaiting the U.S. PCE Price Index to assess the Fed's interest rate outlook and its impact on gold.
A false breakdown at 2852 could trigger a retracement toward the 0.618 Fibonacci imbalance zone at 2877 or the 0.5 level at 2885 before resuming the decline. Given both weak fundamental and technical conditions, gold may attempt to retest its recent lows.
Best regards, Bentradegold!
Check this for a confirmation to buy or sell in the 1 hour chartcheck the 1 hour then 30 minute then 15 minute and then 5 minute, go down to 2 minutes and finally 1 minute to confirm any moments. check the volume and use bollinger bands with 20 deviation, 2 stepback and boom you will see alot
Gold potential reversal from demand zoneGold is testing a key demand zone (2,835 - 2,842) after a strong downtrend. This area aligns with previous support and Fibonacci confluence.
🔹 RSI at 26.61 – deeply oversold, indicating a possible bounce.
🔹 Fib Levels – Price is near the 0.236 retracement (2,855) and may target 0.5 - 0.618 levels (2,878 - 2,887).
🔹 EMA Cluster Resistance – The 20/50/100 EMAs align near 2,854 - 2,858, making this a key breakout zone.
🔹 Descending Channel – A breakout above the upper trendline could confirm bullish momentum.
📌 Entry: Around 2,842 - 2,835
🎯 Targets: 2,864 / 2,878 / 2,891
🛑 SL: Below 2,830
📊 Risk/Reward: 4.03
Break above 2,858 could push further, while failure to hold 2,835 may lead to 2,820 levels. Watching for confirmation! 🚀
Thoughts? Are you bullish or still bearish? 👇
Next Gold move XAUUSD GOLD Update | H4 time frame 🙌
- This analysis is based on educational purposes 👋
- There are two Scenarios for bullish momentum
- In Scenario 1 there is a Support level 2863-2864.00 area ❗️
- In Scenario 2 more Strong Support level at 2850 - 2849 area where possible expected higher liquidity ❗️
In our previous commentary we said that in D1 timframe 2860 area would be create a game changer trend
We will provide more confirmations
Stick with one Mentor for better performance
GOLD Will Move Higher! Long!
Please, check our technical outlook for GOLD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2,863.303.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2,902.672 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Gold 2.28 Analysis
The trend of gold at the hourly level shows a clear downward channel, and the market sentiment tends to be weak. Combined with the weak performance of the European session and the possible second decline space of the US session, the following is a more detailed strategy planning and key point analysis:
1. Current technical analysis
Downward channel: The gold price has formed a new downward channel at the hourly level, and the overall trend is bearish.
Key resistance level:
US$2868: The top and bottom conversion position is also the short-term long-short watershed.
US$2872: The middle track resistance is also the 618 Fibonacci retracement level of the intraday decline. If the price cannot stand firm on the middle track, the downward trend may continue.
Key support level:
US$2842-2836: The lower track support area of the downward channel may become a short-term stabilization and rebound position.
MACD bottom divergence: The short-term MACD has a bottom divergence signal, which may form a resonance near the lower track to support the price rebound.
2. Impact of the evening PCE data
Trends before the data is released:
If the price remains weak before the PCE data, the US market may continue to test the 2842-2836 US dollar area.
Possible trends after the data is released:
Gold bullish (pull up):
If the price pulls up and pierces the middle track of 2872 US dollars, it may test the upper track of the channel near 2890-2895 US dollars.
The upper track is an ideal bearish fallback position, and you can try to go high at that time, with the target looking back at the middle track or the lower track.
Gold bearish (suppression):
If the data suppresses gold, the price may directly fall below the 2842-2836 US dollar area, further opening up the downside space.
3. Trading strategy planning
Bearish scenario (price has not stabilized the middle track):
Entry point: When the price rebounds to the pressure near 2868-2872 US dollars.
Target: Look down to the 2842-2836 US dollar area.
Stop loss: above $2875 (above the middle track).
Bullish scenario (price stabilizes at the lower track):
Entry point: The price hits the $2842-2836 area and a stabilization signal appears (such as MACD bottom divergence, K-line reversal pattern).
Target: Look up to around $2868-2872.
Stop loss: below $2835.
Wide range shock scenario (price breaks through the middle track):
Entry point: When the price rises to around $2890-2895 and is under pressure.
Target: Look back to around $2868-2872.
Stop loss: above $2900.
4. Risk warning
PCE data risk: Evening PCE data may cause drastic market fluctuations. Traders need to operate with caution and avoid heavy positions before the data is released.
Stop loss setting: Whether bullish or bearish, be sure to set a reasonable stop loss to prevent unexpected market conditions from causing large losses.
Position management: In the data market, it is recommended to operate with a light position and gradually increase the position after the trend becomes clear.
Summary
The hourly level of gold is in the downward channel, and the short-term trend is bearish. The key resistance is in the $2868-2872 area, and the support is in the $2842-2836 area. The PCE data in the evening may trigger market fluctuations. If the price rises and breaks through the middle track, it may turn into a wide range of fluctuations; if the data suppresses gold, the price may further fall. Traders need to flexibly adjust their strategies according to data results and technical signals, focusing on the performance of key support and resistance levels.
XAUUSD Analysis & Trading Plan
🔹 Market Sentiment: Gold appears bearish today, but key technical signals indicate a potential reversal.
🔹 Technical Outlook:
📊 RSI (14): Oversold, forming a bullish divergence, signaling possible buying interest.
📉 Support Zone: $2853 – $2845 (Potential bearish continuation level).
📈 Resistance Levels: $2865 / $2878 (If bullish momentum builds).
🔍 Price Action: Monitoring for reversal confirmation via candlestick patterns (bullish engulfing, pin bars).
📌 Trading Plan:
✅ Wait for bullish confirmation near $2845–$2853.
✅ If price holds support, consider long positions targeting $2865–$2878.
✅ If breakdown occurs, next support to watch: $2830.
✅ Always manage risk with stop-loss placement & position sizing.
🔔 Stay Alert! High-impact news can shift momentum quickly. 🚀
XAUUSD UPWARD BIG BULLISHthe price movement of Gold (XAU/USD) on a 4-hour timeframe. The price is currently approaching a key support level near 2,860, with an order block just below it. The target is set at 2,883, indicating a potential upward move from this support zone. Traders might look for a bounce and price action confirmation to enter long positions.
XAUUSD (GOLD) TRADE PLAN 25/2/2025
1. XAU/USD presents a compelling sell opportunity as price action suggests a potential downside move.
2. Technical indicators signal bearish momentum, with resistance levels holding firm.
3. Macroeconomic factors favor a stronger USD, pressuring gold prices lower.
4. A downward trajectory could target the 2900 level, aligning with historical support zones.
5. Rising bond yields and hawkish Fed policies add to gold’s downside risk.
6. Failure to breach key resistance zones reinforces the bearish outlook.
7. Market sentiment leans risk-on, reducing gold’s safe-haven appeal.
8. A break below critical support levels may accelerate selling pressure.
9. Short positions may benefit from volatility, with disciplined risk management.
10. Traders eye 2900 as a strategic target, capitalizing on gold’s potential correction.
Impulsive Trading:Understanding the Risks and Regaining ControlHave you found yourself hastily clicking the “Buy” or “Sell” button only to be engulfed by regret almost immediately afterward? If so, you're in good company 😃.
Impulsive trading is a widespread issue that affects traders of all experience levels, often leading to significant financial losses. Studies reveal that a considerable portion of traders battle with impulsive decision-making, which can drastically influence their overall financial health.
Impulsive trading typically arises from emotions rather than careful market analysis or strategic planning. Factors such as the fear of missing out (FOMO), frustration after a loss, or the temptation of quick profits often cloud judgment, resulting in decisions that deviate from disciplined trading practices. This behavior is especially pronounced during volatile market conditions, where emotions can run high. Acknowledging the signs of impulsive trading is essential for fostering discipline and achieving sustained trading success.
Understanding the Risks of Impulsive Trading
The implications of impulsive trading reach far beyond individual poor trades. Each impulsive action can generate a cascade of errors, diverting traders from their predefined strategies. Engaging in impulsive trading often leads to overtrading, where traders make numerous trades in quick succession while hoping for fast returns, ultimately resulting in mounting losses. This not only increases exposure to market volatility but also raises transaction costs, systematically eroding any potential gains.
Another major risk associated with impulsive trading is flawed decision-making. Actions born out of emotional responses lack the rational foundation necessary for sound trading, pushing traders towards choices that diverge from their overall objectives. For instance, abandoning a Stop Loss order or ramping up position sizes following a loss can lead to dramatic financial damage. Moreover, the psychological impact of impulsive trading can result in burnout, heightened stress, and diminished confidence, all of which threaten a trader's long-term viability. Recognizing and understanding these risks highlights the need for self-regulation and a disciplined approach—critical elements for successful trading.
Psychological Triggers Behind Impulsive Trading
The tendency to trade impulsively often stems from various psychological factors that can be difficult to manage. One of the main culprits is the fear of missing out (FOMO); in fast-paced markets, traders may feel an urgent need to enter positions quickly to seize potential profits. This urgency can lead to ill-timed trades, making them more vulnerable to reversals.
Greed is another significant factor that plays a role in impulsive trading. The relentless pursuit of maximizing profits can quickly overshadow a trader’s original plan. As a result, they may prolong a successful trade or increase leverage in hopes of capturing even greater returns, leading to heightened risks. Loss aversion, the instinct to avoid losing money, also contributes to impulsivity. When faced with setbacks, traders might engage in “revenge trading,” making rash decisions in an attempt to recover losses—often dismissing their foundational analytical methods.
External factors like social media and market news also amplify these emotional triggers. The overload of information—from Twitter updates to various trading forums—can create a sense of urgency and spur impulsive behavior, even among experienced traders. By acknowledging these psychological influences, traders can cultivate a more deliberate and strategic approach to their decision-making processes.
Read also:
Identifying Impulsive Trading Behavior
Recognizing the signs of impulsive trading is crucial for anyone looking to regain control and establish a more strategic trading method. Indicators of such behavior include:
- Ignoring Your Trading Plan: Frequently deviating from established entry and exit criteria in favor of fleeting emotions can indicate a pattern of impulsivity.
- Constantly Monitoring Trades: Habitually checking price movements or refreshing trading platforms often suggests an emotional attachment to positions, prompting unnecessary reactions to minor fluctuations.
- Execution of Unplanned Trades: Making trades without forethought, especially after emotional highs from winning trades or lows from losses, disrupts a carefully crafted trading plan and exposes one to greater risks.
- Neglecting Risk Management Practices: Exceeding leverage limits or disabling Stop Loss orders indicates a tendency to focus on immediate gains rather than sustainable trading strategies.
By becoming aware of these behaviors and taking deliberate steps to reflect on each trade's alignment with the overarching strategy, traders can minimize impulsivity and foster a disciplined mindset grounded in rationality.
Read Also:
Strategies for Overcoming Impulsive Trading
Successfully overcoming impulsive trading requires a blend of discipline, self-awareness, and effective strategies. Here are some actionable steps:
1. Set Clear Entry and Exit Criteria: Define explicit guidelines for entering and exiting trades, based on predetermined market conditions or technical indicators. Adhering to these rules minimizes the likelihood of impulsive actions.
2. Employ Stop Loss Orders: Utilize Stop Loss orders to automatically close trades when certain price levels are met. This helps protect against significant losses and allows traders to step back from their positions.
3. Maintain a Trading Journal: Keeping a detailed record of every trade—including motivations, emotions experienced, and outcomes—encourages self-reflection and helps to identify recurring patterns in behavior.
4. Practice Self-Discipline: Establish realistic trading goals and commit to your trading plan. Taking a pause before executing trades can help you refocus on your long-term objectives, minimizing the urge to act impulsively.
5. Restrict Trading Frequency: Set limits on the number of trades you make each day or week to ensure that you only engage in high-quality opportunities, rather than reacting to every market fluctuation.
By adopting these strategies, traders can cultivate the discipline necessary to move away from impulsive decision-making, emphasizing logical and goal-oriented actions instead.
Cultivating a Rational Trading Mindset
Developing a rational mindset is essential for long-term trading success and evading the pitfalls of emotional decision-making. Consider implementing the following techniques:
- Mindfulness and Relaxation Practices: Engage in mindfulness exercises to enhance awareness of your thoughts and feelings. Awareness allows you to recognize when emotions may be influencing trading decisions. Even short moments of focused breathing can provide clarity.
- Take Breaks Regularly: Long trading sessions can lead to fatigue and impaired judgment. By stepping away from your work periodically, you can recharge and return to your trading activities with fresh insight.
- Avoid Trading During Emotionally Charged Situations: If you find yourself facing personal stress or strong emotions, it may be wise to refrain from trading until you regain an even temperament.
- Focus on Long-Term Objectives: Prioritize sustained success over immediate rewards. Remind yourself that while impulsive decisions might provide short-term satisfaction, they often result in long-term setbacks.
Building a rational trading mindset requires patience and dedicated effort, but it is instrumental in improving trading performance. By incorporating these habits into your routine, you can enhance emotional control and make decisions that reflect logic rather than impulse.
I suggest to read also..:
The Critical Role of a Trading Plan
An effective trading plan is a cornerstone for preventing impulsive decisions that can undermine a trader's performance. The emotional responses associated with impulsive trading—such as fear and greed—can derail even the best-laid strategies. A comprehensive trading plan serves as a guiding framework, providing clarity and structured guidelines to help traders manage emotional impulses.
By defining specific goals, a trading plan equips traders with a clear sense of direction, reducing the temptation to chase fleeting opportunities or react to market noise. Furthermore, by integrating principles of risk management into your trading strategy, you ensure that engagement with risks aligns with your personal threshold, thereby minimizing unnecessary exposure. Establishing entry and exit guidelines allows traders to base their decisions on objective criteria, independent of emotion-driven impulses.
Read also:
Enhancing Trading Discipline with Tools and Techniques
Employing specific tools and strategies can support a disciplined trading approach and reduce impulsive behavior. Trading software with alert functions can help by notifying traders when predefined conditions for trades are met, ensuring decisions are based on strategic analysis rather than reactive impulses.
Regularly reviewing trading performance is equally vital. This practice allows traders to analyze trades, recognize behavior patterns, fine-tune their strategies, and verify their alignment with their trading plan. Drawing insights from these reviews fosters adherence to disciplined trading and helps traders remain focused and make informed decisions.
Read also:
In conclusion..
Achieving lasting success in trading depends on rational thought processes and emotional management. A well-developed trading plan, complemented by the right tools and techniques, empowers traders to avoid impulsivity and concentrate on their goals. Although the temptation for quick gains can be powerful, maintaining a disciplined approach is essential for sustainable success. Remember, trading is a journey rather than a sprint. By remaining consistent and methodical, traders can navigate risks effectively, ultimately crafting a strategy that yields long-term results.
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SEE MY TODAY TARGETGuys check out today target if you want to confirm target follow this this is confirm target
Closing multiple Selling orders with ProfitAs discussed throughout my yesterday's session commentary: "Since #2,918.80 got invalidated to the downside and Gold didn’t managed to recover above the level, I have been Selling Gold last #2 sessions with #2,918.80 and #2,900.80 as my precise re-Sell points. This is Bearish day so far on Hourly 4 chart (with #2 minor spikes upwards spikes) which raises no further need for analytical approach than what I’ve already done as I lean more to the Selling side. Since #2,892.80 Support got invalidated, I have Sold Gold on spot (#2,892.80 entry point) with #2,872.80 as my optimal Target. Gold may test #2,918.80 Support now turned in Resistance only if #2,892.80 - #2,900.80 newly formed Resistance zone gets invalidated to the upside. Keep Selling every High’s on Gold since every local High’s rejection is now re-Sell opportunity."
My position: My Selling order has been closed automatically (#2,892.80 - #2,872.80) with Take Profit hit and left me without any orders. As Gold delivered decline in continuation throughout Asian session, I have missed #2,872.80 - #2,852.80 benchmark extension (currently #3-Week Low's test) however I don't mind since my returns for current weeks are excellent. I have stated potential of #2,892.80 - #2,900.80 Support now turned to Resistance zone, as long as it preserves Selling bias and reverses each Bullish reversal, Price-action within or below is Bearish. Keep in mind that as long as we Trade below the mentioned zone, #2,852.80 benchmark break-out has more chances to be delivered rather than #2,900.80 benchmark. Keep Selling every High's on Gold with #2,900.80 Top's however if #2,852.80 benchmark gives away, #2,827.80 is next contact point to monitor.
Gold Outlook: Bearish Pressure ContinuesYesterday, Gold once again rebounded from the newly formed support around 2890. However, after reaching the 2920 resistance zone, the price started to decline again.
While the daily candle on the chart appears as a Doji, signaling indecision, overnight price action suggests renewed downside pressure, testing support once more.
The overall chart structure and price action indicate that this support level is likely to break. In my view, even the older technical support at 2880 may not hold.
🔹 Trading Strategy:
✅ Focus on selling rallies, with confirmation below support.
✅ Negation of the bearish bias only occurs if Gold moves above 2920 resistance.
✅ Target: A deeper correction towards 2850.
Stay disciplined and trade wisely! 📉
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Short gold after reboundWe were fortunate to have closed our long positions around the 2942 level, securing our profits in a timely manner. Although my initial plan was to start shorting gold on Thursday and Friday, the market unexpectedly began its decline earlier than anticipated, and I was unable to open short positions immediately. Given that gold’s downturn started ahead of schedule in this cycle, there is still room for price fluctuations. Therefore, we should avoid rushing into short positions, as gold may still see a short-term rebound to the 2930-2940 region.
Gold has repeatedly faced resistance around the 2950-2955 zone and, following a period of sideways consolidation, finally broke downward—breaching the 2930-2925 support area. This suggests that there is still more downside potential, and the move could trigger panic selling. Consequently, I will be shifting my strategy to prioritize short positions after price rebounds.
For upcoming short-term trades, we can consider initiating short positions in the 2935-2945 zone. Should gold resume its downward trajectory, it is likely to test the 2910-2900 support region.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
gold friday quant zonesbottom wicks for longs
top wicks for shorts
slight bull tilt
Check out our socials for some nice insights.
Let us know if there're any pair you like to see or if this is something you like.
Do ask if you have any question
Not as refined as our direct trade setups. More for advanced active traders.
information created and published doesn't constitute investment advice!
NOT financial advice
GOLD ROUTE MAP UPDATEHey Everyone,
Great start to the week with our chart idea playing out, as analysed.
We started with our first bullish target at 2950 complete. We will now need to see ema5 cross and lock above 20=950 to open the range above. Failure to lock above will see price reject for a test on the lower Goldturn at 2927 to complete the bearish gap.
We will see levels tested side by side until we see either weighted level break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2950 - DONE
EMA5 CROSS AND LOCK ABOVE 2950 WILL OPEN THE FOLLOWING BULLISH TARGET
2969
EMA5 CROSS AND LOCK ABOVE 2969 WILL OPEN THE FOLLOWING BULLISH TARGET
2986
EMA5 CROSS AND LOCK ABOVE 2986 WILL OPEN THE FOLLOWING BULLISH TARGET
3006
BEARISH TARGETS
2927
EMA5 CROSS AND LOCK BELOW 2927 WILL OPEN THE FOLLOWING BEARISH TARGET
2903
EMA5 CROSS AND LOCK BELOW 2903 WILL OPEN THE SWING RANGE
SWING RANGE
2884 - 2861
EMA5 CROSS AND LOCK BELOW 2861 WILL OPEN THE SECONDARY SWING RANGE
SECONDARY SWING RANGE
2841 - 2820
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
The Right Questions to Ask Before Entering a TradeEvery day, traders—especially beginners—ask the same recurring question:
❓ What do you think Gold will do today? Will it go up or down?
While this seems like a logical question, it’s actually completely wrong and one that no professional trader would ever ask in this way.
Trading is not about predicting the market like a fortune teller. Instead, it's about analyzing price action, managing risk, and executing trades strategically.
So, instead of asking, "Will Gold go up or down?" , a professional trader asks three critical questions before taking any trade.
Let's break them down.
________________________________________
Step 1: Identifying the Right Entry Point
Let’s say you’ve done your analysis, and you believe Gold will drop. That’s great—but that’s just an opinion. What really matters is execution.
🔹 Where do I enter the trade?
Professional traders don’t jump into the market impulsively. They use pending orders instead of market orders to wait for the right price.
If you believe Gold will fall, you shouldn’t just sell at any price. You need to identify a key resistance level where a reversal is likely to happen.
For example:
• If Gold is trading at $2900, and strong resistance is at $2920, a professional trader will set a sell limit order at that resistance level rather than shorting randomly.
This approach ensures that you enter at a strategic point where the probability of success is higher.
________________________________________
Step 2: Setting the Stop Loss
🔹 Where do I place my stop loss?
A trade without a stop loss is just gambling. Managing risk is far more important than being right about market direction.
The key is to determine:
✅ How much risk am I willing to take?
✅ Where is the invalidation level for my trade idea?
For example:
• If you are shorting Gold at $2920, you might place your stop loss at $2935—above a recent high or key technical level.
• This way, if the price moves against you, you have a predefined maximum loss, avoiding emotional decision-making.
Professional traders never risk more than a small percentage of their account on a single trade. Risk management is everything.
________________________________________
Step 3: Setting the Take Profit Target
🔹 Where do I set my take profit, and does the trade make sense in terms of risk/reward?
Before taking any trade, you must ensure that your reward outweighs your risk.
For example:
• If you risk $15 per ounce (short at $2920, stop loss at $2935), your take profit should be at least $30 away (for a 1:2 risk/reward).
• A good target in this case could be $2890 or lower.
This means that for every dollar you risk, you aim to make two dollars—ensuring long-term profitability even if only 40-50% of your trades succeed.
If the trade doesn’t offer a good risk/reward, it’s simply not worth taking.
________________________________________
Conclusion: The “Set and Forget” Mentality
Once you’ve answered these three key questions and placed your trade, the best approach is to let the market do its thing.
✅ Set your entry, stop loss, and take profit.
✅ Follow your trading plan.
✅ Avoid emotional reactions.
Many traders lose money because they constantly interfere with their trades—moving stop losses, closing positions too early, or hesitating to take profits.
Instead, adopt a professional approach: set your trade and let it run.
📌 Final Thought:
The next time you find yourself asking, “Will Gold go up or down today?” , stop and ask yourself:
📊 Where is my entry?
📉 Where is my stop loss?
💰 Where is my take profit, and does the risk/reward make sense?
This is how professional traders think, plan, and execute—and it’s what separates them from amateurs.
👉 What’s your biggest struggle when it comes to executing trades? Let’s discuss in the comments! 🚀
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
