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XAUUSD trade ideas

Still Rising wedge on XAUUSD ?As we discussed in our previous commantary market is in Rising channel However, market was rejected from 2650 yesterday now its second time to retesting it. What possible scenario do we have today? At this moment 2650 R is an important area, if market make it flipped then our eyes will at 2665 first then 2680. On the other hand ,2630-2633 area is most crucial because at that point trend can be changed. On Ny session, there are two fundamental news, which im expecting market first retest the Black area of 2630-33 then rise above. Furthermore, if then price action got volume and break the support area then Rising channel will be invalid and we'll on bearish trades. Wait and Watch time.
FOREXCOM:XAUUSDLong
by Forexmaestro121
gold (xauusd) according to lower time frame, Based on the chart provided: 1. **Descending Channel**: - Gold appears to be trading within a descending channel, indicating a bearish trend in play. 2. **Resistance Zone**: - A resistance area is marked near the upper trendline of the channel, suggesting that sellers might enter around this level. - Price is currently near this resistance zone. 3. **Bearish Confirmation**: - The text notes to wait for bearish confirmation before executing a sell trade. This could involve a rejection from the resistance zone (e.g., a bearish candlestick pattern like a pin bar, engulfing candle, or increased selling volume). 4. **Trade Plan**: - If bearish confirmation occurs at the resistance zone, price is expected to drop back toward the lower boundary of the descending channel. - Potential targets: - Mid-level support (likely around 2630). - Lower channel line (near 2610 or lower). 5. **No Confirmation, No Trade**: - If price fails to confirm bearish rejection and instead breaks out above the resistance zone, no trade should be executed as the bearish structure would be invalidated.
CAPITALCOM:GOLDShort
by TRADE_CENTER_1
Textbook Reversal Setup: Liquidity Zone + Channel BreakReversal Setup Analysis: HTF Liquidity Zone + Ascending Channel Breakdown This chart highlights a high-probability bearish reversal setup based on key technical confluences. Here’s a step-by-step breakdown of the analysis: 1. High-Timeframe (HTF) Liquidity Zone (LQZ): - The red zone marks a major HTF supply area where price previously rejected with a strong impulsive move downward. This liquidity zone is critical as it represents an area where institutional players have shown activity, creating a high-probability region for a potential reversal. - As price approached this zone again, it did so in a corrective manner (via an ascending channel), which indicates weakening bullish momentum. 2. Impulsive vs. Corrective Structures: - Impulsive Move: The strong move away from the HTF LQZ (highlighted earlier in the chart) confirms bearish intent, serving as a key reference point for this trade idea. Corrective Structure: The price forms an ascending channel on the way back to retest the HTF LQZ, signaling exhaustion of buyers. - The third touch of the channel’s trendline coincides with the HTF LQZ, adding confluence for a potential bearish reversal. 3. Liquidity Zones in Play: - HTF Liquidity Zone (Supply): Serves as the key resistance level and primary rejection zone. - 15-Minute Liquidity Zone (Demand): Acts as a potential target for bearish momentum post-breakdown. - This multi-timeframe liquidity alignment strengthens the trade idea by providing clear areas of interest for entry, stop-loss, and take-profit placement. 4. Breakdown Entry and Structure: - Entry Trigger: The trade is triggered on the break of structure, where price falls through the lower boundary of the ascending channel. This breakdown confirms bearish momentum resuming after the corrective phase. - Stop-Loss Placement: Ideally placed above the HTF liquidity zone and beyond the third touch of the channel to account for potential fake-outs. - Take-Profit Levels: Targets can be set near the 15M liquidity zone or prior swing lows for a solid risk-to-reward ratio. 5. Key Takeaways: - This setup offers an excellent example of combining HTF liquidity zones, structural patterns, and market context to develop a high-probability trade idea. The rejection from the HTF LQZ aligns with the broader bearish narrative, while the ascending channel acts as a corrective structure leading to a continuation of the downward move. - By focusing on confluence factors like liquidity zones, impulsive vs. corrective moves, and structural breaks, this trade idea demonstrates a disciplined and strategic approach to trading reversals. Educational Insights: - Always zoom out to identify HTF zones of significance to ensure alignment with the larger market context. - Differentiate between impulsive and corrective structures to gauge the strength and intent of price movements. - Use pattern confluences (e.g., ascending channels) in combination with key zones to identify high-probability entries. - Prioritize patience and discipline by waiting for clear structural breaks to confirm your setup.
OANDA:XAUUSDEducation
by Adlercon333
XAU/USD 06-10 January 2025 Weekly AnalysisWeekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks. Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range. Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high. Note: It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend. Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings. Weekly Chart: Daily Analysis: -> Swing -> Bullish. -> Internal -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024 Price Action Analysis: Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand. Note: With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action. Daily Chart: H4 Analysis: -> Swing: Bearish. -> Internal: Bullish. Analysis/Intraday expectation remains the same as analysis dated 16 December 2024. Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase. Price Action Analysis: Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity, for two possible reasons. 1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high. 2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855. Intraday Expectation: Intraday expectation and alternative scenario as per points 1 and 2. Note: With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment. H4 Chart:
OANDA:XAUUSD
by Khan_YIK
1. Bollinger Bands (20, 2) 2. SuperTrend (10, 3) Buy Conditions:1. Bollinger Bands (20, 2) 2. SuperTrend (10, 3) Buy Conditions: 1. Price breaks above the upper Bollinger Band. 2. SuperTrend is above the price. Sell Conditions: 1. Price breaks below the lower Bollinger Band. 2. SuperTrend is below the price. Strategy Logic: 1. Enter a long position when the buy conditions are met. 2. Enter a short position when the sell conditions are met. 3. Close the long position when the price breaks below the lower Bollinger Band or the SuperTrend is below the price. 4. Close the short position when the price breaks above the upper Bollinger Band or the SuperTrend is above the price.
OANDA:XAUUSDLong
by yp0099800
Gold's Potential Movememt in 2025Here is the detailed technical analysis of OANDA:XAUUSD 1. Key Levels and Chart Structure - Resistance Zones (red boxes): There is a significant resistance zone highlighted around $2,720–$2,740. This is an area where the price has previously struggled to break through, indicating strong selling pressure or profit-taking. - Support Zones (green boxes): The key support levels are marked near $2,580–$2,600. This area has been tested multiple times in the past, showing buyers stepping in and defending this zone. 2. Chart Pattern - Symmetrical Triangle: The white lines outline a symmetrical triangle pattern. This indicates consolidation and a potential breakout, either upwards or downwards, as the price nears the apex of the triangle. Triangles often lead to sharp price movements as traders anticipate a resolution. 3. Potential Scenarios Scenario 1: Bullish Breakout (green path) - If the price breaks above the resistance zone near $2,720, we could see a bullish rally. - The price might retest the breakout level before heading higher towards $2,760–$2,800. This aligns with the continuation of the prevailing uptrend from earlier in the chart. - A breakout above the symmetrical triangle would signal strong buying momentum, supported by increasing volume during the breakout. Scenario 2: Bearish Breakdown (red path) - If the price fails to hold the triangle's lower boundary and the key support zone near $2,580, a bearish breakdown is likely. - This could lead to a sharp decline, targeting levels around $2,520 and potentially further towards $2,480. - Such a move could be triggered by strong selling pressure or macroeconomic factors unfavorable to gold, such as a strengthening U.S. dollar or rising bond yields. 4. Volume Analysis - The volume seems to be decreasing as the price moves within the triangle, which is typical for such consolidation patterns. A significant increase in volume during the breakout or breakdown would confirm the direction of the move. 5. Trading Implications - For a bullish breakout, traders might consider entering long positions above $2,720 with stops below the triangle and targeting $2,760 or higher. - For a bearish breakdown, short positions could be initiated below $2,580, with stops above the triangle and targets near $2,520 or lower. - Risk management is essential, especially in volatile market conditions like this. This analysis is based purely on the technical chart setup and does not account for any fundamental factors or news events that could influence gold prices. It would be wise to monitor any upcoming economic reports or geopolitical developments that might impact gold's movement.
CAPITALCOM:GOLD
by MrSharelock
Buy opportunityTrade Setup for XAU/USD (Gold CFDs) Key Details: Chart Timeframe: 4-hour Current Price (Entry): 2,658.04 USD Indicators Used: EMA (252) and EMA (756) Trade Parameters: Position Type: Long (Buy) Entry: 2,658.04 USD Stop Loss (SL): Placed below the most recent support level at 2,633.35 USD to allow for minor pullbacks without compromising the setup. Stop Loss: 2,630.00 USD Risk per trade: 28.04 USD per ounce Take Profit (TP): Placed near the resistance level of 2,720.657 USD (visible target on your chart) to secure profits at a logical exit point. Take Profit: 2,720.00 USD Reward per trade: 61.96 USD per ounce Risk/Reward Ratio: R:R = 1:2.21 (Reward is more than twice the risk, meeting professional standards for a high-probability trade)
TVC:GOLDLong
by GODOCM
Don't be afraid of pullbacks, buy gold!Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend. From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance levels at 2635, 2640, and 2655. Based on this bullish momentum, gold still has room to continue rising, with potential targets at 2670-2680 or even 2695. It is evident that the short-term retracement in gold is likely a consolidation phase to build momentum for the next upward move. Therefore, there’s no need to fear the pullback. If gold retraces to the 2650-2640 zone, I believe this would present a strong buying opportunity to go long. Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin