GOLD XAUUSD BULLISHNESS THEN BEARISHNESS AHEAD Hello guys this is what i see in xauusd i see price retracing back to premium at the key level outlined then a continuation to the sell stops outlined below share with me your ideas
XAUUSDK trade ideas
XAU/USD 15 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Analysis/bias remains the same as yesterday's analysis dated 12 November 2024.
Price has printed a bearish iBOS followed by a bearish BOS. This is in-line with all HTF's requiring a pullback.
Intraday Expectation: Price to indicate bullish CHoCH to indicate bullish pullback phase initiation. Bullish CHoH positioning is denoted with a blue dotted line.
Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Following price has printing bearish iBOS, price has printed bullish CHoCH indicating bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation: Price to trade up to either premium of internal 50% EQ or M15 supply zone before targeting weak internal low priced at 2,536.896.
Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist.
M15 Chart:
This Is what I’m Expecting on the Gold Waiting For confirmztioFor more explications send text
Liquidity up with huge rejections, waiting for the price to break and grab the liquidity
XAUUSD AnalyzingPrice Created a very good liquidity and our trend is bear, I will take a short position
XAUUSD | Market outlookGold prices were set for their largest weekly drop over three years on Friday. Expectations of less aggressive interest rate cuts by the U.S. Federal Reserve, which strengthened the dollar, drove the drop.
Weekly Analysis on GOLDFor next week im looking for both moves either the bearish continuation or a bullish reversal move since price already made a retest on the weekly bullish FVG.
GOLD BUYING ON DIP TILL 2900$HELLO FRIENDS
As I can see gold had done a retracement from ATH 2790 TO 2590$ It was a 1000+ pips retracement and have a look on Fib retracement it kiss golden ratio 0.50 and made a fake breakout to the support channel today candle closing above this support zone is another clue for a new Bull Run of incoming year 2025 as we can see geopolitical tension are escalating and still there is nor cease fire Trump is just a Hope for US not a Full Solution to set the economy in my view he is the man who is just only a hope but it will not work charts are crystal clear Tomorrow CPI Data can create some volatility in markets so make a proper sear is just a trade idea with small risk and big rewards we are looking for ur support and love boost it so many other new traders can join the rally Stay Tuned for more updates
Gold Consolidation: Key Breakout Levels to Watch for Next WeekGold is consolidating around key levels on the 15-minute chart, with recent buy and sell signals indicating potential for a breakout. Traders should watch for a bullish breakout above 2,568.94 for a buy opportunity, targeting levels like 2,580 and 2,600. Conversely, a bearish breakdown below 2,563.78 could signal a sell, with targets around 2,550 and 2,540. Monitor moving average crossovers and external economic events to confirm trend direction.
Gold Market Update: Demand Zone Targeted at $2626The gold market's daily supply continues its downward movement, seeking stronger demand at $2626, a key monthly demand candle formation zone. This level is likely to provide significant support Follow Akcapitals so as to hedge alongside the gold market.
Closing my old and new Selling order / #91 Profits rowAs discussed throughout my Friday's session commentary: "My position: As I expected Fed easing the Rate and which may hurt the DX even more, I have awaited the Fed Rate announcement aftermath and engaged re-Sell order with #2,708.80 since I was aware that Gold will not deliver a move once again above #2,727.80 Medium-term Resistance zone. My order is currently running however I have missed the chance to close the order on #2,682.80 Support / even though my Profit on my re-Sell order is decent already, I will take the Risk and keep the order and close it as close as #2,682.80 Support zone in extension on overall another excellent week for me."
I have closed my re-Sell order throughout Friday's session (#2,708.80 - #2,684.80) on a fine #24-point run extending my results range to #91 Profits row and #19 Stop-loss hits regarding December - November cycle. I have closed overall very excellent last week on good note and made another re-Sell order today (#2,672.80 entry point - #2,660.80 closing point) few moments ago.
Technical analysis: Following the #2,707.80 local High’s rejection, the Price-action pulled back on a Daily chart’s Engulfing Bearish candle, making an expected Bottom at #2,662.80 - #2,672.80. This doesn't alter my perspective and I am not concerned if I miss any potential upside correction leg towards #2,700.80 benchmark as the current Intra-day levels may be Volatile even for Gold standards. Hourly 4 chart appears to be healthy Descending Channel taken from Double Top formations (Lower High’s / Higher High’s) and a #2,652.80 - #2,662.80 Support base. I am not interested in engaging on additional Risk outside my (more comfortable) Short benchmarks.
My position: I have made quick buck few moments ago and will keep operating with Selling order within my well know range. I do not expect any Bullish Short-term reversals as Trade remains "Sell every High's" which Gold delivers. I do expect Gold to continue Trading under Selling pressure and eventual #2,652.80 benchmark break-out.
Gold (GOLD/USD) at a Crucial Support LevelOn the daily chart, Gold (GOLD/USD) remains in a long-term ascending channel but is currently testing a critical support area around 2,550.00, following a significant retracement from the recent high of 2,800. This support level suggests a potential reversal or price stabilization, given its historical role as a strong technical barrier. Technical indicators also hint at a slowing of the recent bearish momentum, though signs of a continuation pattern may imply short-term selling pressure remains present.
Technical Indicators
TDI: The indicator reveals a bullish divergence, hinting that the bearish momentum might be losing steam. However, this could represent a corrective pause rather than a full reversal, with selling pressure likely to persist short-term.
Key Levels:
Support: 2,550.00 (lower bound of the ascending channel).
Resistance: 2,658.00, with a further critical level at 2,800.00.
Ascending Channel: Gold is testing the lower edge of this long-term channel, which has historically acted as a robust support zone, creating potential for a reversal.
Sell at Resistance Rejection
Entry: 2,650.00
Stop Loss: 2,700.00
Take Profit: 2,450.00
Risk-Reward Ratio: 3:1
Rationale: If the price rises toward 2,658.00 and encounters resistance, this could signal a selling opportunity, particularly if price action confirms a rejection at this level. A rejection would suggest that buyers are insufficient to drive prices higher, potentially resulting in a downward move toward 2,500.00.
Gold sits at a pivotal technical point within its long-term ascending channel. Although the setup allows for channel-based trades, such as buying near support or selling near resistance, current bearish pressures present a more cautious outlook for buy entries. The most compelling strategy is selling at resistance (2,658.00), aiming to capitalize on bearish momentum if a confirmed rejection occurs. Monitoring price action on lower timeframes is essential for refining entries and adjusting to emerging patterns.
Disclaimer: The information provided does not constitute investment advice.
Gold -Trade Plan 14/11/2024Dear Traders,
Gold broken all Support lines Easily,
i expect price will be bounce of from 2540 Level , and Correction will be continue to 2600
2600 Area is very important Level...after reach to that Level...i will update Chart Again,
Dont Forget like&Comment please !
Regards,
Alireza!
now time to buy gold for nice swing Trade Description for Buy Position on XAU/USD
Position Type: Buy
Trading Instrument: XAU/USD (Gold)
Entry Price: (Please specify the entry price if you have one)
Stop Loss Level: 2524
Take Profit Level: (Consider setting a take profit level based on your target by the level on chart )
Trade Rationale: (You may include reasons for entering this trade, such as bullish market trends, economic indicators, or technical analysis signals.)
Trump's proposed policies hit gold hardGold prices have dropped 8.41% following Trump's victory, and the rationale is simple: Trump's policies are, as we've described in many places, inflationary, which will likely keep interest rates high. Realistically, with the unemployment rate already at 4.1%, attempting to boost GDP at this point will only drive inflation. These expectations are driving gold prices lower. Plus, there is the risk of de-escalation in the Ukraine and Russia war.
In the short term, the trend is bearish below Wednesday's high of $2,619, and traders will likely see a bounce toward $2,584 as an opportunity to short-sell, targeting $2,555 and then $2,528.
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Do you think this could happen to gold?Hi
I think gold will correct somewhat depending on the yellow lines being broken. However, $2459 seems to be a more realistic number.
What do you think?
GOLD PRICE FORECAST AND PREDICTION FOR TOMORROW, WEEK AND MONTHGold price forecast on Monday, November, 18: 2561 Dollars, maximum 2689, minimum 2433. Gold price prediction on Tuesday, November, 19: 2554 Dollars, maximum 2682, minimum 2426. Gold price forecast on Wednesday, November, 20: 2530 Dollars, maximum 2657, minimum 2404. Gold price prediction on Thursday, November, 21: 2508 Dollars, maximum 2633, minimum 2383. Gold price forecast on Friday, November, 22: 2448 Dollars, maximum 2570, minimum 2326.
In 1 week Gold price prediction on Monday, November, 25: 2426 Dollars, maximum 2547, minimum 2305. Gold price forecast on Tuesday, November, 26: 2469 Dollars, maximum 2592, minimum 2346. Gold price prediction on Wednesday, November, 27: 2393 Dollars, maximum 2513, minimum 2273. Gold price forecast on Thursday, November, 28: 2399 Dollars, maximum 2519, minimum 2279. Gold price prediction on Friday, November, 29: 2400 Dollars, maximum 2520, minimum 2280.
XAUUSD CONFIRM SIGNALThe market is open by gapped and now is between our range
So wait for it to break our range for confirmation
cause we have 110 pips target both sides Short and long
BEST OF LUCK GUYS
XAUUSD SellFor sell, if 4hr candle breaks and close below 2559, sell to 2515.
For buy, if 4hr candle breaks and close above 2566 buy to 2586.5 and 2605 and then look for sell to 2515.
XAUUSD swing sell target 400 pips 4 hour chartLooking to sell gold when it rises to 2697 expecting it to continue to fall to 2657 which was previous support.
Trade is based on higher time frame trend lines and supported by Fibonacci levels , 0.5,0.628 marked out on chart.
You can see that Gold broke the daily level of resistance as well as the 4 hour resistance too there is a chance for gold to open bearish , basing this on the last 2 daily candles , but I think we will retrace to test entry again.
As always best way to enter these trades is wait for break and retest before entering
THE RISE HAS BEEN FALLENAssalamualaikum & greetings to all my subscribers/followers
The rise of gold has been lost in the middle of the road due to the victory over the new US president, Donald Trump.
Here we can see how strong the support for Trump is & can jump back up the USD currency.
When the USD goes up it means here gold will go down temporarily after weeks of making ATH price.
Here I have made predictions for new mapping for next week's direction.
Hope you all get something from my idea.
Thanks :)
Going short on XAUUSDStructure has broken and we have confirmation for shorts... though currently it seems to be lacking a bit of momentum but since the bull trend has concluded on the H4 we will be looking to short the lower highs and thus we mark our first entry on the confirmed breakout.
Entry: 2600
Target: 2510 & 2422
Stops: 2692
Risk to reward here is 1:2
