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XAUUSD trade ideas

GOLD WILL HAVE A GREAT FALLHello my fellow traders! kindly share your opinion on this analysis. Date: 08 January 2025 Current Price: 2652 Gold H4 candle has rejected 2665 position twice which indicates a double top rejection. Currently market is working below its resistance level and is going to test support zone 2633. If market breakout 2633 position then it will have a great drop and its next target will be 2595 which is our demand zone. Key Points: Resistance: 2665, 2645 Supporting Area: 2633, 2615 Note: Target 1: 2633 Target 2: 2595 Stop Loss: 2675 Kindly like, comment and follow. Thanks for supporting us.
FXOPEN:XAUUSDShort
by Ibrahim_Gold_Traders
7
Predict market HIGH/LOW with Gann Astro Trading Calculated Gold’s Reversal 6 Hours Before It Happened Using Gann Astro Techniques OANDA:XAUUSD On December 24, I calculated a reversal in gold 6 hours prior to its occurrence, utilizing Gann Astro techniques and mathematical models. This analysis allowed me to identify key turning points in the market based on time rather than price. Many traders focus solely on price, but Gann’s principles emphasize that time (Y-axis) is the dominant factor driving market movements. For this calculation, I incorporated the Ascendant as a critical element in my intraday trading approach, demonstrating the significance of aligning market analysis with time functions. Key Observation: The market reversed at exactly 10:30 AM New York Time (UTC-5), aligning perfectly with the pre-determined time calculated through Gann Astro techniques. On the 45-minute timeframe for gold, the chart confirms the reversal occurred precisely at the calculated time. This underscores the reliability of time-based analysis over traditional methods that often focus on price alone. Why Time is More Important than Price: 1. Time is constant and unaffected by external manipulation. 2. Highs and lows in the market are governed by fixed time cycles. 3. Price, being variable, is a secondary function delivered based on time. By switching to the 15-minute timeframe, the precision of these calculations becomes even more evident. This highlights how time-based analysis reveals market behaviour that might otherwise appear random. Gann Intraday Techniques in Action: The Gann Astro methodology integrates planetary positions and mathematical principles to forecast turning points in the market. The principle "time is more important than price" is consistently validated, showing that market reversals are governed by time cycles rather than unpredictable price movements. On December 26, after the market reopened, the price fulfilled its movement to key liquidity zones identified earlier. This demonstrates how time cycles dictate the market's behaviour, with price aligning naturally to these pre-determined movements. Advanced Insights: - The Y-axis represents time, the immutable factor. - The X-axis represents price, which is secondary and can be influenced. Most traders fail in the market because they only focus on PRICE. However, according to W.D. Gann's principles, TIME is MORE IMPORTANT THAN PRICE. Big institutions can manipulate price movements, but TIME is a fixed entity that cannot be altered. The attached graph illustrates a fundamental yet overlooked concept: 1. Y-Axis → TIME 2. X-Axis → PRICE In reality, every high or low in the market is pre-determined by TIME, not price. Gann's Astro methods use planetary positions, ascendants, and advanced mathematical calculations to predict EXACTLY when the next HIGH or LOW will form in intraday markets. Key Insights: 1. TIME as the Guiding Factor: - The market operates like a clock, where each move happens ON TIME. - Highs and lows form according to fixed celestial cycles, not random price moves. 2. Price Delivery Algorithm: - Price follows a delivery system that respects TIME. - Without understanding TIME, traders become gamblers. 3.Intraday Gann Astro Example: - With calculations based on ascendant planetary alignments, TIME of specific turning points in intraday markets can be predicted. - Example from the chart: - At (2,1), a TIME-driven HIGH forms. - At (4,-1), a LOW forms based on pre-determined calculations. 4.What Gann Astro Does Differently: - Combines planetary positions and mathematics to forecast turning points. - Helps traders trade WITH CONFIDENCE instead of guessing. - Predict highs/lows hours before they happen. Now here is the Gann Intraday Trade Example. And now observe when the price was delivered — it formed a strong reversal precisely at the TIME I calculated, 07:45. TIME IS MORE IMPORTANT THAN PRICE Why Traders Lose Without TIME Knowledge: 1. Traders rely on price patterns, indicators, and technical setups, ignoring the foundational concept of TIME. 2. TIME is constant and unchangeable, while price can be manipulated. 3. Without mastering TIME, traders are reactive instead of predictive. Here’s another LIVE trade execution of this week. The trade was precisely calculated 5 hours in advance, demonstrating the power of Gann Intraday Astro Trading. Below, I’ve outlined the step-by-step analysis of my LIVE trade on GOLD using the Gann Astro principles and advanced mathematical calculations. This is a testament to how TIME, not just price, drives market movements, allowing you to predict turning points with exceptional accuracy. The chart clearly demonstrates how I calculated the price reversal a solid 4-5 hours in advance using the Gann Intraday Astro technique. The exact time of reversal was determined to be 6:45, purely based on TIME. Watch closely as I executed the trade relying solely on this precise calculation. This is further proof that TIME is the real driver, while PRICE remains an illusion manipulated by the market. LIVE TRADE ENETRY - TIME IS MORE IMPORTANT THAN PRICE The real truth lies in TIME, not PRICE—because TIME is fixed, and PRICE is just an illusion manipulated by the market. NOW let's understand how markets turn on TIME - . By applying Gann-inspired mathematical and astro models, I pinpointed key times when market highs and lows are likely to occur. The principle of "TIME = PRICE" suggests that market reversals happen when time and price align. While price can be manipulated, time remains constant, making it a more reliable tool for accurate market forecasting. GANN INTRADAY TRADING - "The Hidden Truth: Why Gann's TIME Over PRICE Wins in Trading" In this chart, you can see the market reversing exactly at 21:05, a TIME I calculated in advance using Gann's astro intraday techniques. The method applied here is Squaring the Range—a concept rooted in understanding the range as the time zone where the price remains confined between two major HIGHs and LOWs. Using advanced mathematical principles in Gann astro analysis, I was able to determine the precise future reversal point. This allows me to approach my trading desk only at the calculated time and execute trades with confidence. This highlights why TIME outweighs PRICE in importance—while prices can be manipulated, TIME remains a constant and reliable indicator for market reversals. "GANN INTRADAY TRADING - Exposing Market Algorithms: Gann's TIME Secrets Revealed" In earlier times, markets were primarily influenced by market makers, but now, price delivery is controlled by algorithms designed to enhance liquidity. With the massive influx of participants in today’s market, these algorithms play a critical role in maintaining liquidity flow. Despite these changes, the core principle remains intact: the market still moves based on mass psychology. Here’s another example showcasing a bullish scenario using Gann techniques. In this bullish setup, the focus is on identifying key time cycles when the price delivery algorithm aligns with Gann's mathematical principles. By leveraging time-based calculations, I pinpointed the exact moment when the market began expanding upward, indicating a strong bullish movement. Conclusion: Understanding and applying time-based principles provide traders with a disciplined, research-driven approach to market analysis. By focusing on time rather than price, one can uncover the natural rhythm of the markets and align their strategies accordingly. Time is the constant that governs all market movements, as W.D. Gann emphasized: “Time is more important than price.”
CAPITALCOM:GOLDEducation
by GannAstroTrader
4
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Yesterday we wanted the pull back to go higher and said we would be looking for price to attempt the 2630-35 region with the extension of the move into the 2640-45 region before a potential RIP. Our Red boxes activated higher which we shared with the wider community giving a target of 2650 and our algo suggested 2660 so we continued to long. Now, we have support below at the 2645 region and below that 2640. We're too high to attempt long, so we'll look at the level above during the session to come and a potential short opportunity will hopefully present itself. Until then, a very decent opening on the markets. KOG’s Bias for the week: Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580 Bullish on break of 2640 with targets above 2655✅ and above that 2665❓ RED BOXES: Break above 2625 for 2630✅, 2635✅ and 2638✅ in extension of the move Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
Lingrid | GOLD Potential EXIT from the CONSOLIDATION ZoneOANDA:XAUUSD moved higher and is currently testing the previous week's high. It has broken out of the consolidation zone, and notably, the price has also broken and closed above a trendline that acted as a resistance zone for more than three weeks. I believe the price is targeting a retest of the weekly high at 2,665. However, I anticipate that the market may experience a pullback before continuing its upward trajectory. Looking left on the chart, we can see that the price has bounced off this support level several times in the past, reinforcing its significance. Therefore, it would be prudent to wait for confirmation of further movement. My goal is resistance zone around 2663 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDLong
by Lingrid
20
DeGRAM | GOLD growth in the channelGOLD is in an ascending channel between the trend lines. The price has already reached the lower boundary of the channel and dynamic support than completed the correction at the 50% level. The chart maintains an ascending structure and has already formed a bullish takeover while testing the channel. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
OANDA:XAUUSDLong
by DeGRAM
6
Gold Roadmap==>Short-term!!!Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) . According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction . I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) . ⚠️Note: First, Short position, then Long position. ⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
THE KOG REPORT - UpdateEnd of day update from us here at KOG: A decent end to the week with our plan working near perfectly, capturing the low, taking the move up and then managing to get a nice entry for the short to end the first trading week of the year. Bias levels worked well as well as the red boxes with nearly all targets completing. We would now like to see a potential RIP around the lower support level unless broken, with resistance sitting at 2645-50. Unless we get a late session move, we may see some ranging into the close so for us, that's the week done and dusted. KOG’s Bias for the week: Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580 Bullish on break of 2640 with targets above 2655✅ and above that 2665✅ RED BOXES: Break above 2625 for 2630✅, 2635✅ and 2638✅ in extension of the move Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG We'll be back on Sunday with the KOG Report and our view for the week ahead. Wishing you all a great weekend, as always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
2
Gold is Ready to Pump Again==>>Short-term!!!Gold ( OANDA:XAUUSD ) is currently moving near the Resistance zone($2,670-$2,653) and the 50_SMA(Daily) . Regarding Classic Technical analysis , Gold is moving in the Ascending Broadening Wedge Pattern . According to the theory of Elliot waves , it seems that Gold has completed microwave 4 , and we should wait for microwave 5 . I expect that Gold can have an upward trend in the coming hours and can attack the Resistance zone($2,670-$2,653) for the umpteenth time. ⚠️Note: If Gold breaks the Support zone($2,639-$2,630), we can expect more dumps⚠️. 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
5
Gold Price Analysis: Bullish Momentum Hinges on 2630 SupportOANDA:XAUUSD began the year on a positive note. After testing the 2600 support level several times before the New Year, the price rose and reached a high of 2666 on Friday. Currently, the price is undergoing a normal correction following the 600-pip rally and, at the time of writing, XAU/USD is testing support around 2635. To sustain its bullish momentum, the price needs to reverse upward and reclaim the 2650 level. If this occurs, bulls could anticipate further continuation toward the 2700 resistance zone, with interim resistance levels at 2666 and 2680. However, if the price falls below 2630, the 2600 level will once again be exposed, and Gold could remain range-bound. For now, I remain bullish as long as the 2630 support level holds.
OANDA:XAUUSDLong
by Mihai_Iacob
6
The Unseen Edge: How Mastering Psychology Turned a L into a WThe Unseen Edge: How Mastering Psychology Turned Losses into Lifelong Success What if the secret to trading wasn’t just about charts, numbers, or strategies, but the battle happening inside your mind? From small-town dreams to navigating the fast-paced world of London’s financial markets, this is my journey of conquering fear, overcoming greed, and discovering that true trading success begins with mastering yourself. How Psychology Transformed My Trading Journey I never imagined I'd be where I am today. Growing up in a small town in Eastern Europe, trading was as foreign to me as the distant skyscrapers of New York. But life has a way of leading us down unexpected paths, and mine led me to the bustling financial hubs of London and, eventually, to a deep understanding of the psychology that underpins successful trading. From the moment I set foot in London, I was captivated by the energy of the city, especially its financial district. It was here that I first encountered the world of trading, and I was immediately intrigued. The idea of turning a modest sum of money into something significant was both exhilarating and daunting. But as I dove into the markets, I quickly learned that trading is not just about numbers and charts, it's about understanding the complex interplay of human emotions and behaviors. My early forays were marked by the same mistakes that many novice traders make: letting greed and fear dictate my decisions. The Early Days: A Tale of Greed and Fear My journey began with a naive optimism. I had read a few books on trading, watched some tutorials online, and believed I was ready to conquer the markets. With a small inheritance from my grandmother, I opened my first trading account and plunged in. At first, the markets were kind to me. I made some profitable trades, and the rush of adrenaline was intoxicating. Greed took over, and I began to think I had found the secret to easy wealth. I increased my position sizes, convinced that my streak of luck would never end. But, as they say, what goes up must come down. The market turned, and my profits vanished. Fear set in, and I made desperate decisions—cutting winners too soon and letting losers run. My account balance plummeted, and I was left with nothing but regret and a burning desire to regain what I had lost. The Turning Point: Embracing the Power of Psychology After that devastating loss, I could have quit. Many do. But something inside me refused to give up. I began to reflect on what had gone wrong. I realized that my emotions were driving my decisions, not logic or strategy. I was a prisoner of my own mind. Determined to turn my trading career around, I started educating myself—not just about the markets, but about myself. I read books on trading psychology, attended seminars, and sought out mentors who had walked the path I was now on. One of the most impactful lessons I learned was the importance of self-awareness. I began keeping a trading journal, not just to track my trades, but to document my emotions before, during, and after each decision. I noticed patterns: when I was overconfident, I took on too much risk; when I was fearful, I pulled out of trades too early. I realized that my emotions were my biggest enemy, and that I needed to develop a mental framework to keep them in check. I started practicing mindfulness and meditation, which helped me stay calm and focused during volatile market conditions. I also began to develop a trading plan and stuck to it, no matter how tempting it was to deviate. The Power of Mental Toughness As my understanding of psychology deepened, I began to see the markets in a new light. I realized that trading was not just about analyzing charts and indicators, but about understanding human behavior, my own and that of other market participants. I learned about concepts like loss aversion, confirmation bias, and herd mentality, and how these psychological traits could influence market movements. I began to recognize these biases in my own thinking and developed strategies to counteract them. One of the most significant breakthroughs for me was the development of mental toughness. Trading is a high-stress activity, and the ability to withstand pressure is crucial. I trained myself to stay disciplined, even in the face of adversity. I learned to accept losses as a natural part of the trading process and to focus on the long-term rather than getting bogged down by short-term fluctuations. A Journey of Lifelong Learning and Giving Back Today, I am a successful trader, but I don’t see myself as a master of the markets. Instead, I view trading as a lifelong learning process, where psychology is the key to sustained success. I continue to study psychology, not just in the context of trading, but in all areas of life. I understand that personal growth and self-improvement are integral to my trading career. I have also become a mentor to others, sharing my knowledge and experiences with those who are just starting out on their own trading journeys. My story is a testament to the power of psychology in trading. It is a reminder that the markets are not just a battle of strategies and techniques, but a battle of the mind. Those who understand this and work on their psychological edge are the ones who truly succeed. In the end, my journey from a small town in Eastern Europe to the financial markets of London and beyond is not just a story about trading; it’s a story about self-discovery, resilience, and the relentless pursuit of excellence. And it all started with a simple realization: the most important market to master is the one between your ears.
FOREXCOM:XAUUSDEducation
by BTM-LEO
5
HelenP. I Gold will fall to trend line and then start to growHi folks today I'm prepared for you Gold analytics. After looking at the chart, we can see how the price some time traded near the resistance level, which coincided with the resistance zone and then rebounded up to 2790 points. Then the price started to decline and soon broke the resistance level, making retets, and continued to fall next. After this, the price dropped to the trend line, breaking the support level as well, but later it turned around and rose higher than this level and broke it again. Later, Gold rose to the 2715 resistance level, after which made the correction and then some time traded in consolidation, after which quickly backed up to the resistance level. Next, XAUUSD dropped to the support zone, where it reached the trend line and then rebounded up at once, but soon it fell back to the trend line. A not long time ago Gold rebounded from the trend line and started to grow, therefore I expect that XAUUSD will decline to the trend line one more time and then continue to move up next. For this reason, I set my goal at 2680 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDLong
by FirstNameHelen
3
GOLD → Resistance retest before falling FX:XAUUSD is consolidating and deliberately approaching the resistance 2667. The upward market structure is focused on a breakout of the resistance. But the other question is whether the breakout will happen, because the sticks in the form of economic data have been in the wheels for a long time now Based on the market behavior, we can assume that before the possible fall there may be a liquidity grab and a retest of the key resistance, as buyers became more cautious after the discouraging data on inflation in China and hawkish Fed meeting minutes. To be honest, gold's current rise is not clear to me as there is no reason for it except for Trump's tariff plans towards multiple countries. Fundamental data is negative, there is no new news from hot spots, the dollar is rising, global inflation is rising, the Fed has become hawkish, there are so many nuances providing resistance to the metal. Resistance levels: 2667, 2675 Support levels: ascending line, 2656 Technically the structure is bullish and in the short term I am waiting for an attempt to break the resistance 2667. In this case a retest of the zones of interest 2675, channel resistance or 2692 from which a correction can be formed is possible. Regards R. Linda!
FX:XAUUSDShort
by RLinda
2
GOLD NEXT MOVE(Time/Price Analysis)Go through the analysis carefully and do trade accordingly. RWG 'BIAS for next week (3-1-2025) Current price- 2637 "if Price stays below 2640(45 Degree angle), then next target is 2623 and 2607 ". "Possible retracement to 2650 zone(135 degree angle) Then big displacement to the downside." Disclaimer: Methods shown are combination of time and price theory by W.D Gann combined with ICT strategy & other .If my analysis doesnt make sense for some of you feel free to skip ahead ,This is a personal strategy developed after years of back-testing making the highest win-rate with high risk-to-reward. Best of luck Never risk more than 1% of principal to follow any position. Support us by liking and sharing the post.
OANDA:XAUUSDShort
by RWG_Trading
3
THE KOG REPORT - UpdateQuick update for market open tomorrow: We were looking for the move upside on the Monday initially wanting the 2610-15 level but exceeded the resistance giving us a nice capture. We're now above 2610 as the key level so we'll be looking for support to hold us up around the red box region for an attempt at the 2630-35 order region with the possibility of slightly higher before a RIP. We'll maintain that 2640-45 level as our bias level for now. KOG’s Bias for the week: Bearish below 2640 with targets below 2610✅, 2604✅, 2596✅ and below that 2580 Bullish on break of 2640 with targets above 2655 and above that 2665 RED BOXES: Break above 2625 for 2630, 2635 and 2638 in extension of the move Break below 2613 for 2604✅ , 2597✅ , 2592 in extension of the move Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
5
Gold Outlook: Higher Lows Signal Continued Upside PotentialYesterday was a pretty volatile day for gold, with the price briefly dropping to 2615. However, bulls quickly regained control, pushing the price back above the 2635–2640 support zone and establishing a higher low in the broader trend. Currently, the price is stable above this key support level and is challenging interim resistance at 2650. A successful break above this resistance could open the door for a move toward 2680, with further upside targets at the significant 2700 level and the technical resistance at 2715. I remain bullish as long as yesterday's low at 2615 remains unbroken.
OANDA:XAUUSDLong
by Mihai_Iacob
1
GOLD consolidates ahead of distribution GOLD is in a neutral trend and continues to consolidate due to the complex geopolitical and political environment. The metal is supported by Asia and the conflict in the Middle East, while the pressure is created by the USA: Trump and the hawkish stance of the Fed Scenario: the price may make a false breakdown of the zone of interest after which the balance in the market will change, which may provoke further selling on the background of profit taking, which may happen due to the news. Focus on NFP which will be on Friday
OANDA:XAUUSDShort
by AndeWave
5
SELL TREND start in XAUUSD, GOLD formed a Double Top pattern....According my analysis of gold market SELL strong now.. XAUUSD market at the of uptrend formed a d ouble top chart pattern also there strong bearish candle on second top level that's also order block wait for reversal again, some support levels at 2646 & 2638 and neckline at 2626 that's also demand zone for buyers after breakout this zone next technical target is fix 2600 level... Like, comment and follow me for more ideas like this.. Our community will grow if your support with me .....
OANDA:XAUUSDShort
by TrendLogic1
5
XAUUSD WANT 300+ PIPS BUY TREND Hello Traders! 🚀 Yesterday, XAU/USD (Gold) broke through its resistance zone with a strong bullish move. After the breakout, the price surged higher, creating great momentum. Currently, the market is approaching the resistance zone again, and there's a possibility that we could see a retracement to the second support level for a potential pullback. 🔑 Key Levels: Target: My target for XAU/USD is 2685/90. Watch closely as this could be the next significant resistance area. Resistance Zone: The immediate resistance stands at 2664. Support Zones: The first support is at 2652. If price holds here, we may see further bullish action. The second support is at 2640, which could act as a potential retracement point if the market pulls back before continuing upward. As always, stay alert to market conditions, and trade wisely! Let's keep an eye on these levels for potential opportunities.
OANDA:XAUUSD
by ALBERTGOLDHUNTER
2
Maintain neutrality, pay attention to US data todayAs of press time on Tuesday (January 7), OANDA:XAUUSD Spot delivery maintains a moderate recovery trend during the day, with gold prices currently around 2,639 USD/ounce. Gold prices continue to stabilize, with technical trends unchanged from previous releases. During this trading day, US macro data will be in focus with the data mentioned below expected to create significant volatility in the short term. Today (Tuesday), the U.S. Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS). This important employment data is expected to cause large fluctuations in gold prices this trading day. Economists predict that there will be 7.7 million JOLT job openings in the United States in November, compared with 7.744 million in October. The JOLTS job vacancy report was one of the labor force indicators that U.S. Treasury Secretary Yellen valued most when she was chair of the Federal Reserve. This index is also labor market data that the Fed is very interested in. Additionally, on the same day, the US ISM non-manufacturing purchasing managers index (PMI) for December will be published and is expected to be 53.5, compared to the previous value of 52.1. In terms of technical structure, OANDA:XAUUSD Still mainly accumulating activities with price activities sticking around the EMA21 line. And the cumulative sideways trend is depicted by the purple price triangle. On the other hand, the Relative Strength Index is also sticking around 50, showing that market sentiment is also hesitant and waiting for a significant fundamental impact to create a short-term trend. During the day, the technical outlook for gold prices is neutral, moving sideways and accumulating with notable levels that will be listed as follows. Support: 2,634 – 2,604 – 2,600USD Resistance: 2,664 – 2,693USD SELL XAUUSD PRICE 2658 - 2656⚡️ ↠↠ Stoploss 2662 →Take Profit 1 2651 ↨ →Take Profit 2 2646 BUY XAUUSD PRICE 2623 - 2625⚡️ ↠↠ Stoploss 2519 →Take Profit 1 2630 ↨ →Take Profit 2 2640
OANDA:XAUUSD
by Xayah_trading
2
A trader's journey...0–1 Year: The Learning Trap – You start with beginner’s luck, only to face reality. This is where accounts are blown, and ego takes a hit. It’s tough, but it’s the necessary first step. With little to no understanding of the markets - but you'll believe what you know is everything. 1–3 Years: The Grind and Acceptance – Real growth begins here. You realize how little you know, start developing strategies, and focus on risk management. Many quit, but the persistent ones build a foundation for success. Those who can't drop their ago, will never breakthrough to profitable trading. Your ego of thinking what you know is what you need and what you don't know is what you don't need will cause your failure - and when you know what you know, but think you don't need what you know - will cause you self-destruct in the markets. 3–5 Years: The Turning Point – Consistency sets in. You’ve refined your strategies and gained enough knowledge to make steady profits. Full-time trading becomes achievable for the disciplined. Repeatability is the biggest difference maker. Be careful, if your ego spikes, you'll get nowhere. 5–7 Years: The Wealth Builder – You’re reaping the rewards of compounded knowledge. The ego is gone, replaced by confidence. Trading feels systematic, and profitability becomes predictable. Plan the Trade, Trade the Plan! 7–10+ Years: Mastery Achieved – You’ve reached the pinnacle. Your knowledge, discipline, and experience make you a force in the market. This is where trading becomes second nature, and financial freedom is no longer a dream. Money is no longer exciting. An easy day trade, is a new Ferrari. Your friends with billionaires. Your trading system is a money making machine, and your understanding of the markets is deep to the level of seeing trades just by taking a quick glance at any chart. You no longer a work for the market. The market works for you. Remember... You don't know, what you don't know. And what you know, is what you don't want to know. Read that again. Plan the Trade, Trade the Plan!
FX:XAUUSD
by liquidity_trading_
2