Gold’s Weekly Start: Price Gap Sparks Key Trading Opportunities
📉 Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap
🔍 Market Overview
As anticipated in last week's analysis, the market opened this Monday with a price gap (GAP) due to the strong selling pressure seen late last week. The gap spans approximately 5 points, with gold dropping from $2,770 to $2,764.9.
This movement aligns with previous views that gold has revisited its all-time high, where significant sell orders awaited, resulting in a dominant SELL momentum at this level. Confirmed reversal patterns are now visible on H4, H2, and H1 timeframes.
📊 Technical Insights
Current Price Range:
Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 17 points. This range is expected to hold during the Asian and European sessions unless disrupted by key market data later in the week.
Key Levels to Watch:
Resistance Zones:
$2,786 - $2,784 (Major Resistance)
$2,778 - $2,772 (Short-Term Resistance)
Support Zones:
$2,759 - $2,761 (Immediate Support)
$2,750 - $2,745 - $2,735 (Stronger Support Zones)
Market Behavior:
If price remains below $2,773, SELL momentum will likely dominate.
A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries.
Sideways movement may persist due to lower liquidity during the Asian session.
💡 Trading Strategy Ideas
BUY ZONE: $2,746 - $2,744
Stop-Loss: $2,740
Take-Profit: $2,750 - $2,754 - $2,757 - $2,760
BUY SCALP: $2,759 - $2,757
Stop-Loss: $2,753
Take-Profit: $2,763 - $2,765 - $2,768 - $2,771
SELL ZONE: $2,784 - $2,786
Stop-Loss: $2,790
Take-Profit: $2,780 - $2,776 - $2,772 - $2,768 - $2,764
SELL SCALP: $2,772 - $2,774
Stop-Loss: $2,778
Take-Profit: $2,768 - $2,765 - $2,760 - $2,756 - $2,750
⚠️ Important Notes:
Market Liquidity: The Asian session lacks liquidity today, which could cause erratic price movements.
Risk Management: Always set Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account during volatile conditions.
📢 What’s Your Take?
Do you think gold will break below its current range or consolidate for a bigger move?
👉 Follow KevinNguyen-SimpleTrade for more in-depth market insights and daily trading plans! 🚀
🔍 Market Overview
As anticipated in last week's analysis, the market opened this Monday with a price gap (GAP) due to the strong selling pressure seen late last week. The gap spans approximately 5 points, with gold dropping from $2,770 to $2,764.9.
This movement aligns with previous views that gold has revisited its all-time high, where significant sell orders awaited, resulting in a dominant SELL momentum at this level. Confirmed reversal patterns are now visible on H4, H2, and H1 timeframes.
📊 Technical Insights
Current Price Range:
Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 17 points. This range is expected to hold during the Asian and European sessions unless disrupted by key market data later in the week.
Key Levels to Watch:
Resistance Zones:
$2,786 - $2,784 (Major Resistance)
$2,778 - $2,772 (Short-Term Resistance)
Support Zones:
$2,759 - $2,761 (Immediate Support)
$2,750 - $2,745 - $2,735 (Stronger Support Zones)
Market Behavior:
If price remains below $2,773, SELL momentum will likely dominate.
A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries.
Sideways movement may persist due to lower liquidity during the Asian session.
💡 Trading Strategy Ideas
BUY ZONE: $2,746 - $2,744
Stop-Loss: $2,740
Take-Profit: $2,750 - $2,754 - $2,757 - $2,760
BUY SCALP: $2,759 - $2,757
Stop-Loss: $2,753
Take-Profit: $2,763 - $2,765 - $2,768 - $2,771
SELL ZONE: $2,784 - $2,786
Stop-Loss: $2,790
Take-Profit: $2,780 - $2,776 - $2,772 - $2,768 - $2,764
SELL SCALP: $2,772 - $2,774
Stop-Loss: $2,778
Take-Profit: $2,768 - $2,765 - $2,760 - $2,756 - $2,750
⚠️ Important Notes:
Market Liquidity: The Asian session lacks liquidity today, which could cause erratic price movements.
Risk Management: Always set Take-Profit (TP) and Stop-Loss (SL) levels to safeguard your account during volatile conditions.
📢 What’s Your Take?
Do you think gold will break below its current range or consolidate for a bigger move?
👉 Follow KevinNguyen-SimpleTrade for more in-depth market insights and daily trading plans! 🚀
Trade active
🎯 Massive Win to Start the Week: 120 Pips Secured from SELL SCALP! 🚀
💡 Incredible results from our trading plan:
✅ The SELL SCALP plan at $2,772 - $2,774 crushed it with a stunning 120 pips profit!
📉 Gold retraced to fill the liquidity gap and dropped sharply, perfectly hitting our target at $2,754 this Monday morning. Every Take Profit (TP) was hit precisely as planned.
🔥 This is just the beginning! The market’s momentum is strong, and the opportunities are abundant if you stay sharp and follow the strategy.
📊 See the winning analysis and plan here:
👉
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This is your time to shine—let’s make this week a profitable one! 💰
Trade closed: target reached
🎯 Another 50 Pips Secured! Explosive Start to the Week with SIMPLE TRADE 🚀
💡 Scalping Success Continues:
✅ The scalping zone at $2,759 - $2,757 delivered another 50 pips profit, adding to the incredible start this week!
🎉 With two successful signals from today’s daily plan, our community has already bagged nearly 200 pips. An outstanding performance to kick off the week!
📊 What’s Next?
👉 We’re now closely monitoring the 50% retracement zone of the dominant candle, waiting to see how the market reacts. This could provide another excellent trading opportunity!
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Note
🎯 BIG WIN 300 PIPS! An Incredible Trading Day with SIMPLETRADE 🚀
💡 Outstanding results from today’s trading plans:
✅ Plan SELL SCALPING $2,774 - $2,772: 150 pips
✅ Plan BUY SCALPING $2,759 - $2,757: 50 pips
✅ Plan BUY ZONE $2,746 - $2,744: 100 pips
🎉 Total profit today: 300 PIPS!
📈 Today was a highly effective trading day, perfectly aligned with our strategies. From early SELL momentum to precise BUY reactions at key resistance levels, every plan delivered exceptional results, leading to this BIG WIN for the entire community.
📊 Check out the winning analysis here:
👉
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Note
🎯 Explosive End to the Session: 100 Pips Secured to Wrap Up the Day! 🚀
💡 Outstanding results from yesterday’s plan:
✅ The final resistance zone at $2,735 was hit during the US session, delivering an additional 100 pips of profit for the community.
🎉 Total profit from the plan on 27/01/2025: 400 PIPS!
📊 A flawless strategy:
From the Asian to the European session and into the US session, the market followed the predictions laid out in the plan perfectly. This demonstrates the precision and effectiveness of the SimpleTrade strategy, helping traders maximize their profits.
📊 Check out the full plan and chart analysis here:
👉
📢 Want to achieve results like this?
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🎉 Congratulations to everyone who followed and succeeded! Let’s continue this winning streak and make this week one for the books! 💰
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👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+IetBCbqmnp5iMjll
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+IetBCbqmnp5iMjll
👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+IetBCbqmnp5iMjll
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+IetBCbqmnp5iMjll
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