XAUUSDGold is expected to correct at the beginning of the week. A return to the Oderblock at 2595 before going up again, to see what this Monday evening has in store for us.
XAUUSDK trade ideas
Xauusd buy confirm Gold could run into sellers at $2,655 on the road to recovery
The immediate resistance is seen at the $2,630 round number, above which a strong topside barrier aligns at the 50-day Simple Moving Average (SMA) at $2,655.
Gold now buy 2618
Support 2632
Support 2651
Resistance 2602
Resistance 2590
Is a XAUUSD (GOLD) Monster Trade on the Horizon?👀👉 XAUUSD Gold has recently reached a critical support zone on both the weekly and daily timeframes, showing signs of being heavily oversold. In this video, we explore a potential bullish scenario: if XAUUSD reverses and breaks market structure, it could set up a substantial trading opportunity as price targets previous highs. Risk Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. Always assess your risk tolerance before entering a trade.*📊
Potential Long Play on GoldProvided a chart earlier about looking for short term and intermediate term shorts at a level above current price. Looking for a short term long into that level :)
Will gold continue to rise?
For now, can gold continue to rally next week? Will there be a new rise? The answer is, of course! Remember, continuity is the key to an uptrend anyway, and look at crude oil to see what rhythm is.
Fundamentals from the overall pattern, risk aversion has not subsided, gold is still in an upward pattern.
The current plate technical point of view, last week's weekly line big Yin and this week's weekly line big Yang echo, rise and fall are also 150 dollars range, the only difference lies in a negative line, a positive line. This week's pull up broke the weekly four consecutive Yin closed a big Yang column, the solid effectively stabilized the upward channel, and closed above the short-term weekly average, the intensive support on the cycle average line is more prominent, the cycle index also maintained upward, weekly long strong;
Therefore, weekly deep V reversal, superpose daily 5 even Yang, a little bit in the long run must be to test the previous high 2785-2790, this position may directly break through, may also be regress after the adjustment to break through.
Either way, the direction is up, so the trading mind only needs to be long, and a pullback is an opportunity to be long. This is also evidenced by our continued bullish thinking this week.
Detailed trading strategies will be updated later, so join me in the discussion
XAUUSD GOLD OUTLOOKXAUUSD Gold Outlook We Have good setup Of GOLD i will expect to once More Bullish Movement so ep fallow me Already we are see Price direction uptrend.
Currently price 2637
Resistance Zone 2660
Support 2620
You May See More Details In the chart
Gold Pattern FormationThis commodity has been on a bearish momentum for the past few days, before a small pullback to 2570 zone.
It has been forming a head and shoulder pattern and I do anticipate that the commodity might complete the pattern before resuming with the bearish momentum.
It might pullback to around 2630, before now retracting to 2300.
Let us wait and see if by the end of the day if it will close above 2580.
GOLD buy opportunity Gold has been holding this channel for last week. Due to Ukraine and Russian conflict developing, Gold price could sour to 2050 in coming weeks.
XAUUSD 4H Timeframe AnalysisNote :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
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GOLDthe structure looks similar to a pattern we have seen before, lets watch GOLD market and see .
on technical i will look at Fibonacci for confirmation.
GOLD SELL TIME NOWgold sell zone has reached now...i think we can see c clear 5 wave structure up which is wave a for me (in abc wave)...after this wave, wave b will goes down to 61-78 fibo last wave up and after that wave c up to 78%wave W down...
Currently Bullish !! Gold broke my downtrendWe are currently in a Bullish trend - As you can see on my chart I have marked where I think it can end up if we stay Bullish. Anything can happen with Gold so keep an eye on reversals and always be open minded to change your direction when needed.
TP's are set
The opportunity to break 2500 has arrived
Last Friday's market was actually quite dull. Even with the support of retail data, I am not very interested in this data. I have never seen how much volatility it can cause to gold since I started the industry. In the end, it was only a high of 2577 and a low of 63. This volatility is not as good as the rapid decline of 2554. It is really embarrassing. It is obviously the market of Black Friday, but there has been no performance for two weeks. I have been looking forward to it in vain. The main reason is that I want to make another market with a drop of 40 US dollars on the same day. There is no way. I can't stop looking down just because there is no volatility, right? Just start again this week.
And I am not surprised at all by the performance of the opening gap. The market has been like this in recent weeks. It's nothing more than the difference in the size of the gap. Everyone knows the reason. Whether it is the market sensitivity after the election or the reaction after the interest rate cut, it is normal to jump. Fortunately, the gap is not big today. Although the volatility is large, it will not be very extreme.
Generally, when there is a jump market, I will tell you a few trading rules. This is my summary of many years of experience.
The bigger the gap, the faster the market fluctuates. Don't rush to see the gap filling, because you don't know whether it will rise or fall first. The most stable way is to wait for the first fluctuation. Take this gap as an example. It is strictly forbidden to go short directly to see the gap filling at the first time, because you don't know the first wave of action. If it really fills up the first time, then you can go long at the low point after the filling. On the contrary, it rebounds upward at the first time, then you look for high point pressure to see it fill the decline. Not to mention that this approach is 100% correct, but I usually operate the transaction in this way when facing a gap.
The characteristic of the gap market is that the initial fluctuation speed and amplitude are large. Don't make any chasing orders, let alone think that you will miss something. Moreover, if the first wave of gold fills down or falls a little, it is likely to rebound upwards, which is not friendly to my bearish perspective. On the contrary, the first upward movement is what makes me happy. I have already made a short order near 92, just to see it fill the gap 2565 later. At least 30 US dollars of space can be taken. Moreover, after the gap is filled, it is not impossible to look lower, but this should be the US market or tomorrow. It is known that the support of the low point of gold fluctuation is near 2555. I also need to see whether gold will spit back to this position.
What needs to be determined now is whether gold will start to adjust upward or turn to the adjustment downward mode. This is the only controversy in the market and the focus of long and short trading this week. What can be determined is that the last wave of emotional selling from 2790 to 2536 has ended. Will the second wave of adjustment of more than 250 US dollars occur? Where will it happen? How low can it fall after it happens?
I emphasize again that 2790 to 2536 is the same wave of decline, because the speed and scale are almost the same, there is no need to separate the decline of more than 200 US dollars. I originally thought that the bottom this time would be the same as the last time at 2590. Note that the sideways fluctuation at the upper end of the triangle below is the same as the rhythm of last Friday. The tail did not touch the previous low of 2643, and it has already started a weak decline. This is why I will go short near 2570 on Friday. The bifurcation line also has the pressure guidance of this point, and it has not touched the top and bottom conversion position of 2590. Then let's see the continued decline. It has been falling for a week, right? You want me to see a big reversal on the last day, that's impossible.
The direct surge in the morning was a bit unexpected to me, but it is not unacceptable, because the overall downward structure is still there, that is, the equidistant channel. I told members before that if there is a rise and pullback, we can still seek another high-altitude opportunity below 2600. Don’t you all dislike the feeling of being bearish at low levels? If this is the case, you will have the opportunity to trade at a high altitude. Look, it is here, perfect. The previous top and bottom conversion position is 92. It is possible to do it without saying much. Secondly, there is a retracement of 2602 above. The cost performance of bearish trading is very high. At the same time, you can also see the gap filling 2565 at the first time.
Of course, since it can fluctuate at the bottom of the cycle, the possibility of bottoming out cannot be ruled out. This is something that bulls need to study and recognize. I will not describe it too much here. Your trading position must be firm. And confirm that the upward position of gold adjustment is 2620 and 2643 above. I will naturally deal with it at that time. I don’t know what kind of falling pattern it will be if it really falls again this time. Its journey will definitely not be smooth sailing according to conventional fluctuations. For example, 2555 or 2530 below are also prices that need to be challenged. Whether it is repeated or oscillating, as long as it goes down, I will definitely catch this wave of market. You can also see the price after the deep break, which is probably around 2480.
GOLD analysisGold analysis:
We expect gold to complete the last upward wave, which is around 2858, higher or slightly lower
Now we have the first ascending wave. We expect a correction of 50% of the recent rise at OB
Or a little less to take the liquidity, then rise strongly throughout the month of December
a gold short in 15, based on 1h . 1h still have liquidity above.trade based on 1 h OF. But there is still a Unmitigated OF above in 1h. still risking the 15 entry. that is why we i didnt keep tp below 15low. still a posible price can hit above order flow in 1 hour.
GoldXau usd daily analysis
Time frame daily
Risk rewards ratio >1.5 for short time
But if we hear good news on Ukraine war , the price will break and come down like orange shape on chart
Gold weekly swing trade target 570 pipsGold expecting a small retracement at market open to test Fibonacci level 0.618 , as you can see we are forming a base here after multiple attempts.
I am going to buy at this level 0.618 or 2694 and hold until we reach 2750 which is a profit of 572 pips.
Trace is based on daily trend line and Fibonacci levels as well as key support and resistance levels.
As always to enter this trade wait for test and rejection at entry.
As this is a swing trade use correct lot size for your account and use proper risk management.
Ill update this as the week goes on but hoping this will work out for us.
news from Ukraine will play a big part in this trade so be diligent.
Gold opening target 2668. Gold final target 2000My dear followers,
This is my opinion on the GOLD next move:
The asset is approaching an important pivot point 2716.3
Bias - Bearish
Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2668.8
Gold Trading SIGNALS!!Gold Trading SIGNALS!!
Gold is in an uptrend. The price has a chance to test the resistance zone 2749-2756
If the price cannot break through the 2756 level, it is expected that the price will drop.
Consider selling the red zone.
*Very Risky Trade
XAUUSD First touch on the MA100 (1d) in 9 months! BUY!Gold hit today the MA100 (1d) level for the first time since February 15th 2024, exactly after 9 whole months.
This by itself is a very strong long term buy signal but it's not the only one.
Today's low was also at the bottom of the Channel Up that started on the date mentioned above.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2790 (Resistance 1 = previous High).
Tips:
1. The RSI (1d) is almost oversold, as it was on February 14th 2024, the day before the last MA100 (1d) touch. This is also a very strong bullish signal.
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#XAUUSD #H4 Higher Time Frame Analysis#XAUUSD #H4 Analysis 📊✨
In our previous analysis, we identified the 2578-80 zone as a crucial resistance area, with a #H4 candle close above this level signaling further recovery. However, gold has faced strong rejection from this area three times, indicating bearish pressure. 🔻
🔹 Bearish Outlook: A fully bearish #H4 candle close below 2554 will confirm further downside potential. For now, we’ll wait for confirmation to plan our sell trades. It’s Monday tomorrow, so we recommend trading cautiously and focusing on the US session for any clear buy or sell entries. 🕒
Key Levels to Watch:
2531-2523: A historically strong resistance-turned-support zone. This area has been a previous lifetime high, where price faced multiple rejections. If gold tests this level, we could see some bounce or rejection. However, if it fails to hold,and #H4 closes fully bearish below this zone than expect a significant correction towards 2465-2450. 📉
🔹 Bullish Outlook: On the upside, if price recovers and we get a bullish #H4 candle close above the 2578-80 zone, we’ll plan to buy for a potential gain of 150-300 pips. 📈
Gold bullish continuation ?Gold is still moving in an upward trend despite breaking the trend line, which turned out to be a fake out. It is expected to continue its rally and break its ATH amid ongoing geopolitical tensions in the Middle East and especially the escalation between Ukraine and Russia following Washington’s approval for Kyiv to use long range missiles.
