GOLD TRDAING POINT UPDATE ? > READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade list time poat analysis hit My target 2722 Fvg level if breakout up trand but rejected oderbolk going to back down trand Now Gold well recover it 2665 support level Traders close below 👇 that level next target 2607 2481 but I will see now 2665 ✊ wait for breakout. Following That Target 🎯 👏
Small target we'll See 2665
To recover it 2786 back down 👇
Resistance level 2718 + 2728
Support level 2671 -2665 2607 2481
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Goldprice
Gold Trends Forecast December 11🤑Gold Trends Forecast December 11
✔️ Gold continued its impressive upward momentum during yesterday’s session. This was fueled by investor optimism as China expanded its economic stimulus packages, while geopolitical risks in Syria remain despite opposition forces gaining control over some areas. Notably, there has been no news or economic data strong enough to weaken Gold's upward trend.
✔️ In my view, unless unexpected factors arise—such as controversial remarks from Trump or economic data that shakes the market—Gold is likely to continue its climb. Lower interest rates have made the opportunity cost of holding Gold more attractive, which is the primary reason for its rebound from the 2,5xx and 2,6xx levels. A deep downward reversal should only be considered if the Fed signals a return to interest rate hikes.
✔️ For tonight’s session, the CPI data will be the decisive factor. If inflation figures are favorable, Gold could break above 2,75x or experience a deep correction of 50–70 points. However, I lean toward the scenario of only a slight correction before continuing its rise, thanks to the current bullish sentiment.
My personal strategy is to wait for a minor dip and then re-enter with these targets:
Short-term: 2,700–2,705
Longer-term: 2,710–2,715
In the European session, if Gold holds the 2,6xx range or near 2,69x, a Buy strategy remains viable. Conversely, if prices fall below 2,68x and close below this level, I will reconsider the strategy. From mid-European sessions onward, if prices fail to break the 2,7xx range, I will exit Buy positions and switch to Sell, aiming for 5–10 points.
🟢 BUY 2688.x Sl 2683 Scalp
🟢 BUY 2676 - 2674 SL 2671
🔴 SELL 2620 - 2622 SL 2625 - D1 plan
Gold - SellI am expecting larger fall in Gold for following reasons. 1) China discovery of large Gold reserve, 2) US asking Ukrain to stop its actions and war with Russia. with out US support Ukrain can not fight with Russia any more. France facing internal Issues and Nato with out US can not support Ukrain to fight any further against Russia. 3) chart is reflecting end of bull run for Gold and this will not be small correction but once Gold becomes bearish more sell off will make Gold to see great low levels. Gold is not going to be safe investment anymore. world is changing. Grow up and Book Profits in Gold asap. Even if Gold may or may not fall as i am suggesting I do not see another new ATH for sure in medium term.
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ 🗾 Update Gold Trader's Today NFP High Impact of USD Technical Analysis Update Gold NFP open 2650 big up trand 2667 +2678
Trader's FVG back Down trand 😱 My Target 2540 Open New York sessions Gold Down trand
Resistance level 2665 2678
Support level 2621 2604 2540
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Gold Trend Forecast for New Day (December 5) – Rebounds to 2666 🔽Gold prices rose on Wednesday (December 4), after data showed the number of jobs created by the US private sector increased at a moderate pace last month, ahead of a speech by the US Federal Reserve Chairman Jerome Powell later in the day and the official jobs report on December 6.
🔽The ADP report showed that the US private sector created 146,000 jobs last month, slightly lower than the forecast of 150,000 jobs increase from economists participating in a Reuters poll.
🔽Gold is seeing a weak reaction today, with a stronger-than-expected impact from the upcoming official US jobs report and if the data shows a weakening number of jobs, that will support gold prices.
🔽Gold seems to be finding strong resistance at 2630
Note: Currently Gold is completely following fundamental news Especially US economic news! Bad News Gold Rises! Good News Gold is down
🔽Currently, Gold has broken 2655 and has a Closed closing level around 2650 and is the second consecutive day that Gold has closed higher than the previous day, so today Kevin will prioritize following Buy Gold
🥰Trading plan:
🔼 Buy Gold: 2636x – 2634x
SL: 2630
Tp: 2644 - 2653 – 2688 – 2720
🔽 Sell Gold: 2663x – 2665x
SL: 2668
TP: 2678- 2665
🫶Note: Set SL tightly for each order, the financial market is full of risks, if you do not set SL, do not place an order.
🫶Wishing everyone a happy and joyful Thursday 🫶
Gold Trend Forecast for Next Week (December 2 - December 6)🕯 Gold Trend Forecast for Next Week (December 2 - December 6)
🔽Last week, gold fell $115 from its peak due to geopolitical and economic reasons, the PCE index increased and the Dollar Index increased sharply, causing the gold market to be distributed by PTCB.
However, the increasing instability in Russia, Ukraine and the continuous violation of the agreement of ISRAEL LEBANON ... still support the Gold Tiger to increase quite positively for next week.
Jobs The closing price of the week's gold price is still above 2650, showing a very large increase in the prospect of gold next week! But before increasing again, gold can still retest the 2645 area, even 2633, to gain momentum for the upcoming increase.
In particular, next week, there will be a lot of US economic news such as:
PMI index for manufacturing and services; employment numbers: ADP, NFP, unemployment rate… Currently, most of the US news is predicted to be better than the previous period! If as expected, this news will have an impact on weakening the USD and be a support for gold!
🥰Trading plan:
🔼 Buy Gold: 2636x – 2634x
SL: 2630
Tp: 2644 - 2653 – 2688 – 2720
🔽 Sell Gold: 2686x – 2688x
SL: 2691
TP: 2678- 2665
🔽 Sell Gold: 2718x – 2720x
SL: 2724
TP: 2705- 2690
🫶Note: Set SL tightly for each order, the financial market is full of risks, if you do not set SL, do not place an order.
🫶Wishing everyone a happy and joyful Sunday 🫶
Interested selling zone in Gold (XAUUSD)In recent days, a great selling move was seen in gold, which we have already discussed. If seen from the current point of view, there is a high chance of selling coming from this zone. After displacement , a best trade will be made from here on the down side .
My view on Gold (XAUUSD) in this weekThere has been strong buying in gold in recent days but gold has come into its sell zone. I am not thinking of buying these days, I would only be interested in selling . For which I will have to wait for rejection on the daily time frame. which should form around these zones.
Looking for trade setup on Gold. Have a look at this. XAU/USD.XAU/USD on daily timeframe has switched from bullish to bearish but it’s still Bullish on weekly. We will take about weekly later but daily chart itself is speaking a lot of things.
We marked the market structure and it can be seen that there are multiple Orderblocks and Fvg that are pending and has to be mitigated before getting into Bullish bias.
For buy our plan would be to wait for any continuation trend on smaller time frame usually in 1Hr or 15min. For sell setup we would wait for a market structure shift on 1HR or 15min time frame. We are neutral for now & we need more validations. We have weekend coming. Forex & Commodity market doesn’t really have the volatile Mondays.
For a really nice setup we would have to be patience and need to follow our plan of action.
Follow us any stay updated with more setups tuning in.
Appreciate you’ll time.
Note this is for educational purposes only.
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:7 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 next moveThe current fall in GOLD is Zig-zag in nature.
The fall may continue upto 61.8%
However, this is wave A of Zig-zag. Wave B may lead the Gold price up for some extend. But ultimately it will come to 61.8% forming wave C.
This analysis is based on Elliott Wave theory.
This analysis is for educational purpose only.
GOLD SHOWING A GOOD D UP MOVE WITH 1:7 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:5 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 Retracement faling can continueHello everyone,
MCX GOLD After registering lifetime high of 79775 fallen by more than 5% now trading at 75200 daily 200EMA still 5000 points away and if going to make 61% retracement then another 4000-6000 points fall can expect with supported volume for selling its overall bearish view.
"Gold Spot Trading Levels for Today's Precision Entry & Exit (28For today, 28th October 2024, here are the strategic levels for trading XAUUSD (Gold Spot) on the 15-minute chart:
1. Green Levels: These are the key buying levels. The marked level of 2730.280 is highlighted as a primary buying level. Please note that the exact figure on the right side is cut off, hence it's written as 2730.280 for clarity.
2. Red Levels: These are the selling levels, optimal for short positions.
3. Yellow Levels: These are the target levels to help you set realistic goals for your trades. They’re meant to give guidance on where price movements might reach, providing potential take-profit zones.
This setup helps in identifying precise entries and exits for today's trading session on Gold.
"Gold Short Alert: 16 Points Banked from the Predicted Drop!""Just as predicted a day or two ago, the market reacted sharply from the selling levels I marked, resulting in a massive selling move! 16 points captured on this drop for those who were ready to act. How many of you caught this move and made a profit? Let me know in the comments!"
"Gold's Danger Zones: Are You Prepared for the Next Move?"Gold Trading Analysis: Key Levels for Your Strategy
In this analysis, we focus on two critical levels for gold trading: 2665.624 and 2670.240. These levels are your danger zones, and you should only use them on the 15-minute timeframe.
Here’s how to approach it:
1. Breakout and Retest: Whenever you see a breakout at these levels on the 15-minute chart, wait for a retest before entering. This increases your chances of a successful trade.
2. Set Your Targets: After entry, aim for the next level as your profit target and enjoy the gains!
3. Avoid Large Candle Breakouts: If there’s a breakout with a large candle on the 15-minute timeframe, exercise caution. Such breakouts can lead to bigger stop-losses, increasing the risk of getting stopped out.
Your feedback is crucial! If you find my analysis helpful and are making profits by following these levels, please comment and let me know. Your support motivates me to provide more insights, so share how much profit you’ve made using these strategies!
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
Is Gold HH confirmed ?Gold is trading at record high with no sign of bearishness expecting Gold to go Higher High . But we have very important fed minute ahead FOMC , If Fed cuts rate by more than 0.5% will see atleast 2621-2650 and further even 2700.
This idea is valid only if it not breaks 2600 Levels
If rate cuts by only 0.25% we will see some correction but its a buy on every dips market .
Check my 4H analysis too which already shared.
Disclaimer : Trading involves a significant risk of loss and is not suitable for all investors , This idea is meant for education purpose only , do your own research before risking your account.
xauusd wave C ... is buying opportunity ??XAUUSD in ABC corrective wave where
wave B retaced 100% of wave A.. and took lot of time to complete.
now expecting wave C to take lesser time to complete.
Wave C down in progress where minimum target of 2502 low made..
important support zone to watch is 2504-2500.
if broken than more down side possible 2490-85
Will be looking for buying opportunity if bullish candlestick pattern formed.
Disclaimer : study is educational