Gold - Sell !!!!Gold is trying to cross the resistance line and its too much of bullishness could be easy bull trap. Technically Fib levels are indicating possibility of a correction now. Entering after a correction is safer now. This could be off man out opinion. But as per chart its resistance area now.
Goldlongsetup
Gold (XAU/USD) 30-Minute Analysis Bearish Breakdown Towards Gold (XAU/USD) 30-Minute Analysis – Bearish Setup📉
Key Observations:
1.Rising Wedge Breakdown:
- The price has been moving within an ascending channel(EA TRADE LINE).
- A potential breakdown is forming as the price approaches resistance.
EMA Levels:
-30 EMA (Red, 2,986.22: The price is hovering near this level, showing potential weakness.
-200 EMA (Blue, 2,950.00) This is the first major support level in case of a decline.
3. Bearish Projection:
- A break below current leve could trigger a sharp drop.
- The **target zone is around 2,902.73 – 2,902.41, aligning with prior support.
4. Risk Management:
Stop-loss (Red Zone): Placed above 2,990.86 to protect against invalidation.
Take-Profit (Green Zone):Set near 2,902, offering a strong risk-to-reward ratio
Conclusion:
-Bearish Bias: A drop seems likely if the price fails to reclaim higher levels.
Confirmation Needed A clean break of 2,980 could accelerate the move.
-Risk Facto If price reclaims 2,990+, the bearish setup might be invalid.
GOLD VIEW 3H READ THE CAPTAINHello 👋 gold traders
3-hour timeframe of Gold Spot (XAU/USD) with technical analysis levels and moving averages. Here’s a breakdown of the key points:
Key Observations:
1. Support & Resistance Levels:
Support Level: Around 2,909.870 - 2,902.340 (marked as the buying zone).
Resistance Level: 2,930.173.
Target Point: 2,960.607.
2. Exponential Moving Averages (EMAs):
30 EMA (Red Line): 2,909.870 (Short-term trend).
200 EMA (Blue Line): 2,884.578 (Long-term trend, acting as strong support).
3. Price Action:
The price is currently in a consolidation phase around the resistance zone.
If the price breaks above 2,930, we might see a bullish move toward the target at 2,960.
If the price fails to break resistance, a pullback to the buying zone (support level at 2,909-2,902) is possible.
Trading Strategy Ideas:
Bullish Scenario (Breakout Above 2,930): Look for long positions targeting 2,960.
Bearish Scenario (Rejection at Resistance): A retest of the buying zone (2,909 - 2,902) before another push higher.
GOLD MCX OUTLOOK FOR MARCH 2025GOLD MCX:
After a smart rally Seen in Gold MCX from 79,600/- levels in JAN 2025 we have seen gold accelerating towards Highs of 86,592/-. Approximately 7,000 Points mammoth rally)
What's Next:
If we analyze the technical chart on daily and weekly time frame. Observed a "Flag Pattern Formation" has been witnessed. If GOLD MCX closes above or sustains above 86400 (Flag Pattern Breakout levels) another leg of rally can be seen on the upside.
Any correction towards 84000-84200 (Flag Pattern Support) it will be best buying opportunity for the short term investors, If Gold MCX closes below 83800 then there can be correction in the yellow metal. So we suggest continue to HOLD long positions with Stop loss of 83800 and accumulate GOLD MCX on correction till 84000- 84200 Levels. (Do not forget the Stop loss)
GOLD TRADING POINT UPDATE > READ THE CHAPTIAN Buddy'S dear friend 👋
SMC Trading Signals Update 🗾🗺️ Gold Traders SMC-Trading Point update you on New technical analysis setup for Gold 🪙 🪙 Gold Traders Gold Ready for again take New bos). Choch) FVG level up trand) Gold still going to bullish trend 🚀 I'm want buying it target point 2945 + 2956 Technical patterns.
Key Resistance level 2945 + 2956
Key Support level 2911- 2900
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
GOLD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
XAUUSD/GOLD 30M Sell Projection 06.08.24Overall, selling gold provides a dependable and efficient means to secure liquidity, address immediate financial needs, and make the most of a valuable and universally accepted asset. Urgent Cash Needs: Life throws curveballs. Unexpected expenses, medical bills, or emergencies can necessitate quick cash.
Bullish on Gold Gold screaming Buy Buy Buy
From 26th July'24
Time to buy the Dip in Gold Due to Slash in Custom Duty by the Government.
Buy on Dips strategy is good to go for Long term Investing This is the right time for Gold lovers to invest as Daily Timeframe Charts suggest the Fall in Gold prices are Done.
The bottom is made to be precise.
Buy Signal also generated on Silver too.
XAUUSD/GOLD WEEEKLY ANALYSIS 22.07.24The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold
GOLD SETUP TRADE WIH 1:10 RISK REWARDGOLD SETUP TRADE WIH 1:10 RISK REWARD
A good BUYING setup detected on XAUUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
4. also in day chat its showing its trying to break the 1d big trendline
it will consolidate here but after breakout the upcoming move will be OSM
With a small amount
Stay connected
Stay happy
Bande mataram
GOLD SETUP TRADE WIH 1:10 RISK REWARD
A good buying setup detected on gold
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
Stay happy
GOLD SETUP TRADE WIH 1:3 RISK REWARDGOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:10 RISK REWARDOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
GOLD SETUP TRADE WIH 1:3 RISK REWARD
A good falling detected on GOLD
It's showing a fall due to these reason
1. It's following THE 30 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
BREAKOUT OCCURRED ITS A SURESHOOT SELLING TRADE ITS A SURESHOOT
IRS MY PERSONAL STRATEGY
The gold showing a good falling
Having a good potential
There is nothing to doubt
It have a great surety of FALL
Due to these reason
1.It have clear-cut neckline without any confusing chat
2. It have clear entry and Tp point
3. Sellers seems heavy due to volume
its a good one