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 weekly Time Frame 🖼️ looking a good time for. Short Trade 😁. Also Goldman Sachs talk and 2025 if gold tast 3000$. Not for now weekly candle 🕯️ close below 👇 ⬇️ 2800 Next target 2538.
Key Resistance level 2900 + 2956
Support level 2800 - 2782 - 2706 - 2538
Mr SMC Trading point
Pales support boost 🚀 analysis follow)
Goldsell
#XAUUSDGold continues the downtrend, the results for the waitingXAUUSD Gold Trading Strategy March 3, 2025:
As previously predicted, gold prices continued to fall sharply when they broke through the support zone of 2869 - 2874. However, prices reacted very strongly at the support zone of 2830 - 2835.
Currently, the D and W candlesticks still show a downtrend. If the price breaks through the 2830 - 2835 zone, the next potential correction is 2772 - 2777.
Trading trend March 3, 2025: SELL.
Recommended orders:
Plan 1: SELL XAUUSD zone 2875 - 2877
SL 2880
TP 2872 - 2865 - 2855 - 2840.
Plan 2: SELL XAUUSD zone 2891 - 2893
SL 2896
TP 2888 - 2880 - 2870 - 2840.
Plan 3: SELL XAUUSD zone 2905 - 2907
SL 2910
TP 2902 - 2890 - 2880 - 2850 - open.
Wish you a successful and profitable trading week😍😍😍😍😍😍
what Next in Gold
✅ Bearish Structure:
Price is in a clear downtrend, forming lower highs and lower lows on both 15-minute and 1-hour charts.
A descending trendline is acting as resistance.
✅ Order Block (OB) Rejection:
The price recently tapped into an order block near $2,882.439 and got rejected, confirming seller dominance.
This suggests that any retracement to this area could provide a potential short opportunity.
✅ Key Support & Resistance Levels:
Resistance:
$2,904.610 (Major Resistance) – A strong level where price previously reversed.
$2,882.439 (Order Block Resistance) – Key level where sellers stepped in.
Support:
$2,864.908 – Immediate support; a breakdown could lead to further decline.
$2,851.502 – Next key support level.
$2,833.971 – Major support zone where buyers may step in.
✅ Potential Trade Setups:
📉 Bearish Scenario:
If price rejects from the order block ($2,882 area) or the trendline, a short position could be considered targeting $2,864 - $2,851.
A break below $2,864 could accelerate selling pressure toward $2,833.
📈 Bullish Scenario:
A break and close above $2,882 could invalidate the bearish setup and push price towards $2,904, where major resistance lies.
📉 Bearish Setup (Short Trade)
🔹 Entry: $2,880 - $2,882 (Order Block & Trendline Resistance)
🔹 Stop-Loss (SL): $2,887 (Above the order block to avoid stop hunts)
🔹 Take-Profit (TP) Targets:
TP1: $2,864 (First support level)
TP2: $2,851 (Next key support)
TP3: $2,834 (Major support zone)
🔹 Risk-Reward Ratio (RRR): At least 1:3+ (Good setup if price rejects the OB)
✅ Confirmation:
Look for a rejection candle (like a bearish engulfing or pin bar) before entering.
If price closes above $2,887, exit short trades as it may flip bullish.
📈 Bullish Setup (Long Trade - If Structure Breaks)
🔹 Entry: Break & Retest of $2,882 (If price holds above this level)
🔹 Stop-Loss (SL): $2,875 (Below breakout zone to manage risk)
🔹 Take-Profit (TP) Targets:
TP1: $2,895
TP2: $2,904 (Major resistance)
🔹 Risk-Reward Ratio (RRR): 1:2 or higher
✅ Confirmation:
Wait for price to close above $2,882 on the 15M or 1H timeframe before entering.
If price gets rejected at $2,882, avoid longs and favor shorts.
Final Thoughts:
🚨 Gold remains bearish unless it breaks above $2,882 - $2,904.
📉 Sellers are in control below the order block, and a rejection from this zone may continue the downward move.
📊 Traders should watch price action at key support levels ($2,864 & $2,851) for possible reactions.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
One more SHORT plan with XAUUSD - GOLD on TF M15It's Xmas day so that the Volumn of Market is week --> so that the price is very slow
But with the Cloud Trending System I saw some good signals to make a SHORT sell plan for GOLD OANDA:XAUUSD today.
On M15 Time Frame:
I saw a "Confirmed downtrend signal"
I saw a Downtrend Market Structure : LOWER HIGH
I saw downtrend on main trend of 4 time frames: H4-H1-M30-M15
Specially, I also saw a "Break down follow trend" signal on M15 Cloud Trending Chart
So I make one more SHORT SELL plan for GOLD XAUUSD today with Entry zone = 2616-2617
Stoploss = Trailing Stoploss (a Pink color line above the cloud)
Target 1 = about 2608
Target 2 = about 2598
============
Another: Check this plan yesterday : still running....
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update Gold Traders SMC-Trading Point still holding Short Trade list week already done good profits 💰 ready for new week analysis setup Gold Traders Gold rejected point below 👇 trend 📉 2725 below 👇 2648 closed 🔒 market. Today night market open 👐. 4H Close below 👇 2640 Next target we'll see 2600.! ? Wait for closing below 👇 that entry open Short Trade. 2648 ba ck up trand 2675 2678 again for short trade entry. Let's do update every day 🙂
Small target we'll see 2620
Short long time Trade 2481 analysis target 🎯
Resistance level 2675 2678
Support 2628 - 2600 2481
Mr SMC trading point
Support 💫 My hard analysis Setup like And Following me 🤝 that star ✨ game 🎯
"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.
OLD, an technical insight for the coming week 21.08.2023Gold Analysis for the Upcoming Week on MCX, India
Date: 20th August 2023, 18:03 hours
Technical Overview:
Recent Performance: From 8th May to today's date, gold prices have witnessed a significant decline of approximately 5.49%.
Moving Averages: The gold price has recently breached the 50-day moving average, which stands at 58,980. The 200-day moving average looms at 57,586. The cross below the 50-day indicates a bearish momentum in the short term.
Potential Move: If gold price approaches the 200-day moving average of 57,586, there's potential for further downside towards 56,048.
Oscillators: The asset is currently in an oversold condition, which can sometimes indicate a potential rebound. The optimistic signals stand at D: 6.54 and K: 3.21.
MACD: The Moving Average Convergence Divergence (MACD) is still hinting at a bearish scenario, suggesting continued negative momentum.
Fisher & Percentage R: Both indicators are positioned at the lower end, hinting at a potential bearish continuation.
Fibonacci Levels: Post touching a low at the Fibonacci level of 57,653, gold made an upward move and attempted to break above the 0.5 Fibonacci level at 59,751 twice between July and August. However, it failed to sustain this and reversed its direction, breaking past the 0.382 and 0.236 levels. Current trajectory points towards a retest of the 57,653 level.
Target Price for the Week: Considering the above technical factors and absence of any significant strategic updates from the Federal Reserve regarding interest rates, our projected target price for gold in the near term stands at 57,612.
Disclaimer: This analysis does not provide any specific trading or investment recommendation. It is essential to note that the movements in gold prices can be significantly influenced by various macroeconomic factors and announcements from the Federal Reserve. Always consult with a financial advisor before making any investment decision.
Disclosure: We do not have any vested interest in the gold market We may or may or maynot be having positions in the gold. This analysis is purely based on technical indicators and past market data.
NFP report: How Will it Shape the Gold Trend?NFP report: How Will it Shape the Gold Trend?
Gold prices experienced a rise on Tuesday and Thursday (sideways on Wednesday), driven by traders' expectations of another interest rate hike by the US Federal Reserve. But is the medium-term downtrend really over?
One fundamental indicator that can help answer this question is the nonfarm payrolls, due to be released this Friday (US time). Any unexpected outcomes could lead to heightened volatility in rate-sensitive assets such as gold.
Market projections indicate that the upcoming nonfarm payrolls report for May will show a slowdown in job additions to the economy, with 190,000 jobs compared to the 253,000 jobs added in April. Interestingly, the forecast for the previous month was also around 190,000 jobs.
The nonfarm payroll data serves as the final key indicator ahead of the release of inflation data on June 14 and the concurrent interest rate decision from the Federal Reserve.
Market sentiment currently suggests a 60% probability of a 25 basis-point interest rate hike during the Federal Reserve's upcoming June meeting, compared to a 26% chance observed a week earlier. If implemented, this would mark the central bank's 11th consecutive rate increase.
Gold was trading around $1,932, reaching its lowest level since March 17 before its incline began on Tuesday. While Thursday was a positive day for the metal, it still retraced about half of its gains on the day and now trades at approximately $1,960. It peaked at $1,974, which is the most immediate resistance level but without much historical precedence. Considering the NFP is still two days away, this level might become irrelevant.
$1,985 is a level with more medium-term precedence but will have to wait until closer to the release of the data to tell if this level is something that needs to be watched. If gold turns to the downside, it might pay to keep an eye on $1,938 as a support level.
XAUUSD Ready For Fall After ConsoidateReason for XAUUSD SELL
1. Bearish Engulfing Confirms Further Sell Movement in Day Candle
2. Rising Wedge Pattern Confirm Short Correction in Uptrend
3. Ready to defend resis of 1960 and move short towards 1910 and clear Break below 1910 confirm next to 1870
Fundamental Reason
DXY approaching Support @ 101.50 Now and clear obey these support Lead to XAUUSD Fall
Overall XAUUSD
SELL LIMIT @ 1955-1960
SL 1970
TP 1970
XAUUSD Analysis until NOV 2nd, Interest rate announcement! 📉 Gold - Bearish - We look to Sell at 1615.08
▪ The medium-term bias remains bearish.
▪ Following last week's retracement candle, the overall trend is set to continue downside.
▪ A firmer opening is expected to challenge bearish resolve.
▪ Prices are expected to stall near trend line resistance at 1675-1680.50 levels.
▪ We look to sell rallies in the coming weeks or so.
-Heavy volatility is expected after the Interest rate announcement on the 2nd of Nov.
Confidence: ⭐⭐⭐⭐⭐
⛔ Stop 1615.08
🎯 Target 1: 1601.70
🎯 Target 2: 1575.30
XAUUSD AGAIN READY FOR WATERFALL 18/09/22Fundamental & Technical Reson For GOLD XAUUSD Fall in upcoming Week
Technical Analysis
1.Market closed beloe 1780 and breakout confirmed
2.Retest Will happen over 1654 whicjh is Last week Low
3. Clear Downtrend Continuation For Six Month
Fundamental Analysis
1. DXY ready for the rakky of 115 which presently retesting 110 which is 20 years High
2. Prelim UoM Consumer Sentiment Last week news Impact and made teh USD again stronger
XAUUSD SELL 1775-1780
SL -1710
TP-1630
GoldGold is showing final leg towards south zone has been started to unfold wave 5, which can probably go near $ 1660. On the way up side $ 1792 is an invalidation level.
As per RK's mass psychological cloud also, it is suggesting bearish. once it breaks below $ 1754 then more fireworks can be seen on chart.
RK's mass psychological cloud sell activated
4 hourly macd negative
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Short Gold Based on the current scenario we can clearly identify that Gold is approaching a major breakdown as it has its downtrend resistance at 1950, considering that we can acknowledge 1944 as a reversal point and soon in upcoming time we can expect this bearish trend to test all the levels up to 1890.
The Best thing is to stay bearish with a stop loss 1950, and if it breaks the 1950 level and the next 1 hr candles survive over it we can consider it as a successful breakout and then be bullish again considering this as a minor pullback.
So right now it would be best if we sell gold, trade at your own risk.