Gold New ATH Coming Gold Sweep Sell Side Liquidity, Now Gold Moving Again Up Side, and Bullish Momentum Again. SMT Also There, So May Be We Will Hit New ATH in Coming Week.
XAUUSDK trade ideas
GOLDgold analysis
Time frame 4 hours
Support and resistance areas are clearly visible on the chart.
If we see the confirmation within 15 minutes, we can look for a selling position
GOLD - where is current support? holds or not??#GOLD.. perfect move as per our analysis and now again market at his today most important supporting area that is 2748 around.
keep close that area because if market hold it in that case a father bounce on table.
and keep in mind below 2748 can be a cut n reverse scenario on confirmation.
good luck
trade wisely
GOLD: Market Is Looking Up! Buy!
Welcome to our daily GOLD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,763.633$
Wish you good luck in trading to you all!
Weekly Gold Analysis For next week i will be looking for buy trade only since the market structure is showing me that price has a high chance of continuously moving bullish.
GOLD XAUUSD coming - movement A Head and Shoulders pattern on the 4-hour chart for XAUUSD (Gold Spot vs. USD). This is a classic reversal pattern, often indicating a potential shift from a bullish trend to a bearish trend.
Key Features of the Chart:
Left Shoulder, Head, and Right Shoulder:
The pattern is well-defined, with the left shoulder and right shoulder appearing symmetrically around the head.
The Head is the highest point, representing the peak of the trend, while the shoulders are lower highs, suggesting weakening bullish momentum.
Neckline and Potential Breakdown:
The dashed line connecting the troughs (valleys) of the left and right shoulders forms the neckline. The price is currently testing or nearing this support level.
If the price breaks below the neckline, it confirms the pattern, signaling a potential bearish move.
Target Price:
The measured move or target price is projected based on the height of the Head from the neckline. In your chart, the suggested target is 2640, which aligns with the breakdown potential of the structure.
The red line extending from the neckline to 2640 visually represents this potential move.
MTF Analysis (Multi-Timeframe Insights):
The lower right section of your chart gives additional context using a multi-timeframe (MTF) indicator.
It shows:
M5-M1 suggesting the market is trending.
4H-D1 indicates bearish trend pressure and institutional activity is currently inactive.
This confirms that there’s potential for the price to decline in alignment with the head and shoulders pattern.
Potential Price Action:
If the price fails to hold the neckline support and confirms the pattern, there could be a swift move downwards toward the 2640 target.
Traders should watch for a confirmed break below the neckline before considering short positions.
Thus analysis reflects a possible bearish reversal for Gold, with the head and shoulders pattern indicating a trend change, potentially pushing the price towards the 2640 support level.
Always ensure proper risk management and confirmation of the pattern before entering any trades.
GOLD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
GOLD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2,683.880 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
✅LIKE AND COMMENT MY IDEAS✅
XAUUSD: Key Support and Resistance Levels"I have analyzed the XAUUSD trading scenario and established some key levels that I believe will be crucial for today’s market movements.
Support Level: I have set the primary support level at 2732. This level is significant because if the price breaks below it, we can anticipate a further decline towards the next support level at 2727. This drop could indicate a bearish trend, and traders should be cautious if this support is breached.
Resistance Level: Conversely, I have identified a resistance level at 2752. This level could serve as a barrier for upward movement. If the price approaches this resistance, it may struggle to break through, and traders should watch for potential reversals.
Targets for Today: My primary target for today is to see if the price can hold at 2732. This level is critical for maintaining bullish sentiment. Additionally, I have a secondary target of reaching 2752. If the market can achieve this, it would suggest a strong upward momentum.
Gold Analysis for upcoming move!Technical Perspective: Currently, XAU/USD is showing bullish momentum, with recent price action indicating a potential rally towards the 2760 resistance level. On the 1-hour timeframe, we have observed a clear Break of Structure (BOS) signaling strong buying interest. Key support is identified around 2730, which can serve as a solid entry point for long positions. Utilizing Fibonacci retracement levels, we see confluence around these areas, providing additional confirmation for a potential upward move. Traders should monitor momentum indicators like the RSI for overbought conditions as they approach the target.
Institutional Perspective: From an institutional standpoint, recent positioning data suggests that large players are accumulating long positions in gold, anticipating a continuation of inflationary pressures and geopolitical uncertainty. Central bank policies and market sentiment around safe-haven assets are driving institutional interest in XAU/USD. The influx of buying from hedge funds and other large entities could propel prices higher toward the 2760 level. It’s essential to consider market dynamics and liquidity events, as institutional traders may lead the price movements, creating opportunities for retail traders to align with the prevailing trend.
Sell opportunityGold (XAU/USD) currently presents a lucrative Sell opportunity at $2753.00, with compelling potential for profit targeting.
Targets:
Primary Target: $2710.00
Breakout Scenario:
Should Gold surpass the $2770.00 threshold, indicating a Bullish breakout, the target price is forecasted to reach $2800.00.
Technical analysis suggests a strong Selling sentiment at the current price level.
Market dynamics indicate downward pressure, aligning with the proposed Sell strategy.
Risk management strategies should be implemented to mitigate potential losses in case of unexpected market shifts.
Disclaimer: This analysis is based on current market conditions and historical price movements. Traders are advised to conduct their own research and consider risk management techniques before executing any trades.
October 26, 2024! Xau! Cow marketGold price increased slightly on Friday after recovery after profit -taking due to tensions in the Middle East and worried about the election in the United States that supported the price, while the palladium price expanded to the highest level in 10. month.
The monetary loosening policy of large central banks is also a factor to promote gold prices. According to CME's Fedwatch Tool, the market expected 97% of the US Federal Reserve (Fed) to reduce interest rates in the November meeting, helping to support gold prices.
Technically: The main and long -term trend is still increasing the price on almost all time frames. On the other hand, before the weekend gold price has a spectacular breakthrough from the resistance level 2740, this shows the significant power of the ruling faction. In addition, technical factors also support gold prices, promoting the purchase of markets of the market will continue without any significant reversal. Thereby, has expected the upward trend to continue, capable of achieving high levels of about $ 2758 earlier. Currently this pair of money is fluctuating about $ 2747 and close to the psychological threshold of $ 2750.
GOLD IS GOING TO FALL GET READY SELLHello trader , What do you think about Gold ? Here on Gold price has try to form double to around psychological level of 2755.000 and is likely to drop down to another psychology level so trader should go for Short . Remember to like and share your thought on comment !
GOLD is ready for Bearish Setup Yesterday Gold was moving in between a range area in H1 time frame, then that range was broken at night and again reach at 2757 which was the last higher high level and ready for big drop. As in last week rejection from the same level was seen.
Long Available at XAUUSDat the last movement oof gold price, price is going up and clear Origin of the last low scale downtrend, so i think long can be execute with moderate ODDs and low risk, Good Luck With your trades <3
XAUUSD WONDERMAP FOR TODAYXAUUSD WONDERMAP FOR TODAY
Daily candle close with bullish momentum! Here’s the plan: Predicting a pullback to H4 breakout, H1 support, M30 RBS, and lower timeframe continuation BUY.
Stay sharp, stay focused! Let’s ride that buy wave and make the market work for us!
GOLD - Next Top Coming Up Gold is approaching a long term bear market extension; 1.618 Golden Window (1.618 - 1.786, $2796 - 3096).
And this month candle is quite a large one with a few days to go.
So its looking quite impulsive in this area...
If we look at the monthly RSI, it is approaching 81 and the previous peak was 84.
As we see time and time again, RSI often rhymes when it comes to major pivots.
With the RSI only a few points from 84 and price so close to the 1.618, these could be a BIG clue that a significant pivot is coming.
I'm not saying that a major downtrend will form, but it could do.
Another possibility is a higher time frame continuation pattern will print; perhaps this is the most likely outcome.
If that did happen, price may not fall too drastically but as RSI rhymes, it may take its sweet time and an extended correction would print before RSI falls back to the mid point from where the next wave up could begin.
We could be into 2026 or longer by the time that happens.
There is also the possibility that it will blast through and the a higher ratio (2.272) will be the telling significant ratio.
And that could happen, but I think it has to be at least equal odds or better, that doesn't happen.
Considering that and what other assets are currently available, you would have to really like Gold to hold on beyond the Golden Window (up to 1.786).
And if you really like the safe and steady game then that could be a good reason to simply hold.
There is nothing wrong with that.
But I'm playing the game of making hay while the sun shines ☀️.
And that game doesn't want to get caught up in long multi year corrections.
There's just too much great deep value discounts to buy elsewhere.
And Gold is very much not deep value up here.
That said, it may have a long way to go until any significant bear market which could be many years away and at much higher prices.
If it is consolidation rather than significant bearish action then it could open wide the door for other metals to pump.
I will be taking profit @ $2795 👍.
Not shorting.
Not advice.
Gold short-term day trading plan.From the trend point of view. Compared with long and short positions, the bulls are still slightly stronger. So the operation is still mainly based on low buying.
The intraday trend maintains high fluctuations. The amplitude is about 15 US dollars. But it finally returned to the high level in the New York market, which is enough to prove the strength of the bulls.
At present, the gold price is maintained at the 2741 line. The analyst of the fast trading team said that in the short term, it can be maintained at a low buy below the price of 2735. Whether the pressure of the upper 2760 line can be broken. If it breaks through, continue to go long. If the pressure is very high. Then short selling at high levels can be maintained in the short term. Short selling at a high level. (This view is for reference only) Specific transactions are mainly based on real-time notifications.
There was no loss in trading failures on Monday. Others look at the record by the winning rate. I only measure the record by the losing record.
The fast trading strategy is tailored for: novices. Trading losses, those who want to expand profits but do not expand profits, and those who are unclear about the direction and do not know how to analyze the market. If you are also. Then you can try to change your trading style with fast trading strategies and get rid of those hateful labels. OANDA:XAUUSD CAPITALCOM:GOLD BITSTAMP:BTCUSD NYMEX:MCL1! BINANCE:BTCUSDT
Gold vs Paperhis chart shows the performance of gold against major world currencies (USD, EUR, GBP, CHF, and JPY) over the past 5 years. Here are the key observations:
1. Overall Trend:
- Gold has appreciated against all major currencies, showing a strong upward trend
- The most dramatic appreciation appears to be against the Japanese Yen (likely the top purple line, showing ~220% increase)
2. Notable Periods:
- Early 2020: Sharp spike across all currencies (likely due to the COVID-19 pandemic)
- 2023-2024: Significant acceleration in gold's appreciation, particularly against the Yen
- Recent months show steeper appreciation across all currencies
3. Currency Performance Comparison:
- The Japanese Yen has weakened the most against gold (highest line)
- The other currencies show more clustered performance against gold
- Gold's appreciation appears to be around 100-150% against most major currencies over this period
4. Recent Momentum:
- The chart shows solid upward momentum in recent months
- The divergence between currencies has become more pronounced
This visualization effectively demonstrates gold's role as a store of value against fiat currency depreciation, with a particularly stark performance against the Yen during this period.
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The beginning of shorting gold prices.Just now I made a profit when I bought in the London market. Now I will make a profit after selling in the New York market.
The target is about 2731 additional position.
OANDA:XAUUSD CAPITALCOM:GOLD
Escalating Middle East Tensions and Gold Trading StrategyIsrael has launched an attack on Iran, but the missiles were intercepted by Iran's air defense system, resulting in minimal casualties. Interestingly, in the attacked areas, people stood on rooftops to watch the “fireworks,” which is quite a humorous image. The response from Iran regarding this attack will be important to monitor.
Regardless, the war continues, and for gold, another rise seems inevitable. After the market opens on Monday, I believe we can pursue the bullish trend. When the price approaches previous highs, we should close our long positions and begin selling, aiming for a small swing trade. If the price gets near MA20 and shows strong support, we can continue to buy; if not, we’ll consider buying again near MA60.
Update gold price after stormy day. Gold prices have rebounded today after a sharp decline yesterday, with the precious metal currently hovering around the $2730 mark, recovering more than 100 pips in the early hours of Thursday's trading session.
Meanwhile, the US Dollar Index has risen by 0.3%, nearing its highest level in three months. This strength in the dollar is making gold less appealing for holders of other currencies. At the same time, US bond yields have climbed to a three-month high, increasing the opportunity cost of holding non-yielding assets like gold.
Despite these pressures, gold's upward momentum remains strong, with the recent dip appearing to be part of a typical correction. Ongoing uncertainty surrounding the US elections, along with the nation’s growing debt burden, continues to fuel investor concerns, pushing many to seek the safe haven of gold.
This year, the precious metal has consistently set new records, gaining over 31%. With this momentum, gold is on track to be one of the best-performing assets in 2024.
XAU /USD Daily ChartHello traders. I have marked my areas of interest for gold on the daily chart. $2735 area and the $2722 areas are where I will be looking for gold to react. I am not trying to get caught range trading and I am not trying to force or rush a trade. So for me, I will wait to see how the over night sessions play out. I find gold carves it's path both up and down the first few days of the week. Let's see how things play out. I will post some lower time frame analysis as we get into the trading week. Big G gets all my thanks. Be well and trade the trend. This is the last week of the month so be careful.
