XAU#6: Gold breaks resistance. Where to take profit???💎 💎 💎 Plan ahead to help you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In XAU#5: Gold's uptrend has gone as analyzed. So the question beginners often ask is how far will gold go? Where is it reasonable to take profit? Today I will answer for you:
1️⃣ **Fundamental analysis:**
📊 The three main aspects of Trump's policies in recent times: trade policy, tax cuts and spending, and international relations management are causing concern in global financial markets about an uncertain future in the near future.
🚀Currently, global financial market sentiment is experiencing significant fluctuations. So risky assets like gold are well supported.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend is continuing to be strengthened. Yesterday ended with breaking through the important resistance zone that had not been overcome twice before
🔹 **Frame H4:** The uptrend is still continuing, showing that market sentiment is the main driving force for gold's increase.
🔹 **Frame H1:** The uptrend structure is still continuing with no signs of reversal.
3️⃣ **Trading plan:**
⛔ At this time, it is absolutely not advisable to enter a SELL order. The price line is still going strong. The price will have slight corrections, but the opportunity and R:R ratio for this option are very low. Absolutely do not hold on to losses. The price line moves slowly and steadily to create a sense of hope for those who are still holding orders against the market.
✅The uptrend will continue for quite a long time to come. If you have a good position, you can rest assured to wait for a larger profit. If there are signs of adjustment, I will make a new plan for you.
🚀 To answer the questions at the beginning of the article: Based on the expansion of the price channel in the H1 time frame, we can see how far gold is likely to increase. I do not predict any specific numbers. I only believe in what the market and the price line show me.
TRADE WHAT YOU SEE NOT YOU THINK
💪 **Wish you successful trading! **
📌 For any questions, please contact directly. I'm ready to answer you for free
Xauusd(w)
Gold Price Today, January 22: Hits 2-Month HighGold prices today rose sharply to the highest level in more than two months due to a drop in the USD, making gold cheaper for holders of other currencies. Investors are flocking to gold due to concerns about the tariffs that U.S. President Donald Trump may impose on goods from Canada and Mexico in February. Trump's policies could also lead to higher inflation, causing the FED to maintain high interest rates, which would impact gold prices.
As you can see, on the technical chart at 4 PM, gold is trading with an upward trend and with support at 2,692, gold could gain momentum and potentially reach the 2,800 target. The stop-loss (SL) can be placed below the support level at 2,680 to minimize risk. With this upward trend, if gold continues its momentum and surpasses 2,700, it is highly likely that the price of gold will keep rising and challenge the 2,800 range in the coming days.
For investors, this is a time to pay close attention and monitor market fluctuations. If gold continues to maintain its upward trend with strong external support, it could be a great opportunity to enter the market and capitalize on the next price increases. However, it is important to adjust strategies in response to changes in the political and economic landscape to protect profits and minimize risk.
"Gold Next Stop: 2800?"Current Price Action Analysis:
1. Price is currently testing the 2750 psychological level
2. Formation of consecutive higher lows and higher highs since December
3. A significant volume node is visible around the current price level
Key Levels :
1. The November low at 2,536 created a strong demand zone
2. Previous resistance at 2,720 (green box) has been breached and is now acting as support
3. Recent price movement shows strong institutional buying with minimal pullbacks
Intraday Trading Perspective:
1. Support: 2700-2,720 (previous resistance now support)
2. Resistance: R2 at 2,762 and R3 at 2,800
Swing Trading Perspective:
1. Primary trend is strongly bullish above rising trendline
2. Major support zone: 2700-2,720
Current Market Context:
- Strong momentum indicates potential for further upside
- The clean break above previous resistance suggests institutional buying
- Volume profile shows good liquidity at current levels
Best Trade Setups:
1. Intraday: Buy pullbacks to 2,700-20
2. Swing: Enter on daily closes above 2,750 targeting 2,800 o wait forLower Price zone as marked on chart ,market structure suggests maintaining a bullish bias and I am still holding my buy entries on gold and silver
Gold Trading Strategy for 22nd January 2025Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 2758.
Trigger: Buy when the price moves above the high of the 15-minute candle that closed above 2758.
Targets:
First Target: 2769
Second Target: 2781
Third Target: 2793
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2758 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2769, another portion at 2781, and the remaining position at 2793.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 2730.
Trigger: Sell when the price moves below the low of the 15-minute candle that closed below 2730.
Targets:
First Target: 2721
Second Target: 2708
Third Target: 2696
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2730 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2721, another portion at 2708, and the remaining position at 2696.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
XAU#5: Next trading plan for XAU
💎 💎 💎 Plan#4 OANDA:XAUUSD above helps you make a profit. Please leave a comment and tag your friends to share. 💎 💎 💎
In the previous post. I noted to everyone that the price is in the support area and we can look for opportunities to establish a position. Currently, the price is running according to plan. I have summarized the things to pay attention to in the article below:
1️⃣ **Fundamental analysis:**
📊 The US dollar continues to fall after Trump's inauguration speech. A series of executive orders were signed. Highlights: Trump threatens to impose 25% tariffs on Mexico and Canada, gold rises near two-month high
🔴 Limited expectations: Some officials have emphasized that any tariffs will be implemented "in a controlled manner," but Trump's new statement has increased uncertainty.
📌 The market is in a state of fear due to Trump's decisions, which has been the main driver of gold's increase in recent times.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend continues to be promoted. Yesterday ended with a pinbar, so today's price push is also suitable from a technical perspective. The price approached the resistance zone but the reaction was weak. Therefore, the possibility of prices continuing to increase in the near future is high
🔹 **Frame H4:** The key zone has been broken in the H4 frame. The price continuously tested support to break higher, showing stability in market sentiment. There are no signs of a trend reversal yet.
🔹 **H1 frame:** The price structure is very clear. Although it is in the trendline area, the reaction is insignificant. The strong increase in the Asian session brings many possibilities of a sudden change in the US session and expanding the price channel.
3️⃣ **Trading plan:**
⛔ Absolutely do not block SELL in this area. Going against the trend when the news and the price line are supporting each other can lead to large losses and make trading psychology unstable
🚀If you already have a BUY position in the support area I marked yesterday, we can completely expect a higher profit. If you do not have one, you can refer to the yellow arrow plan.
💪 **Wishing you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
Gold's Looking Hot Gold's Looking Hot ❤️🔥
The way the price is behaving right now, it looks like it's gathering strength for another potential move up, though we might see some correction or consolidation first.
Overall Market Context:
The market structure is bullish on the 4-hour or on daily timeframe
There's significant buy-side interest as visible on volume profile
I can see Several liquidity pools likely exist below the recent swing lows so expecting some consolidation or correction(But not looking for sell ), After the pullback, if buyer momentum stays strong (which looks likely), we could see a push toward 2,760-2,780 (As marked on chart).
The Current support is at the upward trendline
Overall sentiment is clearly bullish and I am still holding buy entries on both Gold and Silver.
Gold prices today, January 21: Unexpected sharp reversalGold prices have risen slightly due to a weaker USD as the market assesses the economic impact of President Trump’s policies following his inauguration. A Trump administration official stated that the president will issue a trade memorandum on his first day in office without imposing new tariffs.
The price spread between futures and spot gold has widened recently as traders speculate on the impact of U.S. import tariffs. While gold is a hedge against inflation, Trump’s tariff policies could lead the Federal Reserve to maintain higher interest rates for a longer period, which would reduce the appeal of gold.
However, dovish comments from Fed Governor Waller and reports about gradually applied tariffs have led traders to adjust their expectations, now predicting two rate cuts this year instead of just one. Gold is currently in an upward price channel and could continue to rise if it holds support at 2,693.
From a technical analysis perspective, gold is currently in an upward price channel with clear upward waves. The new support level at 2,693 reinforces the bullish trend, and if gold holds above this level, it could continue to target higher levels. The next significant resistance is around 2,720 – 2,730, and if broken, gold could continue to rise sharply to 2,750.
The Take Profit (TP) level could be set in the 2,750 – 2,760 range, while the Stop Loss (SL) should be placed around 2,680 – 2,690 to mitigate risk if the price reverses. If gold breaks the support level at 2,693, this could signal a reversal, and it is recommended to reconsider the strategy.
Limited Upside Potential Ahead of Trump's InaugurationGold prices reversed their Asian session decline on Monday as the US dollar weakened slightly. Expectations that the Fed may pause its rate-cutting cycle could limit the upward momentum of XAU/USD amidst a positive risk sentiment. Traders are now focusing on President-elect Donald Trump's inauguration speech for new market drivers.
The short-term technical outlook suggests that gold may continue its downward trend before new buying interest emerges at lower levels. Based on the technical chart, the current challenge for gold is the resistance level at 2721. If gold fails to break this level, it is likely to reverse and test the previous support at 2660.
Stop Loss and Target:
Stop Loss (SELL): 2725
Take Profit (SELL): 2660
Stop Loss (BUY): 2675
Take Profit (BUY): 2720
Be cautious and good luck with your trading!
**XAU#4: Gold begins to correct. Summary of possible scenarios!!💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
🔥In the previous analysis, we planned for a downward correction. Currently, OANDA:XAUUSD the price is at the 269x support area. I will continue to plan the transaction for you:🔥
1️⃣ **Fundamental analysis:**
📊 Donald Trump was sworn in as President of the United States today. Financial markets face risks from trade policy and geopolitics: Although tariffs have not been imposed immediately, analysts warn that the risk of trade wars and increased geopolitical tensions under Trump will be a major disadvantage for the market.
🔴 Everyone is cautiously waiting for specific executive orders from Trump to assess the impact on the global economy and financial markets.
📌 Gold SPDR ETF is still buying.
2️⃣ **Technical analysis:**
🔹 **Frame D:** The uptrend has not been broken. The price reacted to the resistance area, but you can see that the selling force this time is completely different from the previous 2 times.
🔹 **Frame H4:** The bullish price structure remains intact. What needs to be noted here is that KEYLEVER has not been broken.
🔹 **Frame H1:** The correction confirmation has been clearly indicated in the knowledge article. That is the reward for those who are willing to improve their trading knowledge. Currently, the price has found the support area and reacted. We will look for opportunities together. However, please note that the price structure is still increasing.
3️⃣ **Trading plan:**
Surely everyone's common question is whether to buy or sell. My point of view is to trade in line with the main trend, so I will give you a perspective for your reference
⛔ If you do not have a good position. We should not SELL in this area. The main trend and price structure are still supporting BUY. If you have made a profit in the recent correction, you should not be greedy when taking risks in this area. The main trend can return at any time
✅🚀 Waiting for an uptrend structure to find a position in line with the main trend is a wise choice at this time. I have marked the plan in the H1 frame so that you can better understand the idea.
💪 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer you for free
Gold Trading Strategy FOR 17th January 2025Detailed Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close above 2725.
Trigger: Buy when the price moves above the high of the candle that closed above 2725.
Targets:
First Target: 2733
Second Target: 2742
Third Target: 2750
Stop-Loss:
Set a stop-loss order below the low of the 15-minute candle that closed above 2725 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points below the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2733, another portion at 2742, and the remaining position at 2750.
Sell Strategy:
Entry Point:
Condition: Wait for the 15-minute candle to close below 2704.
Trigger: Sell when the price moves below the low of the candle that closed below 2704.
Targets:
First Target: 2694
Second Target: 2685
Third Target: 2677
Stop-Loss:
Set a stop-loss order above the high of the 15-minute candle that closed below 2704 to limit potential losses.
Trailing Stop-Loss:
Use a trailing stop-loss to lock in profits as the price moves towards the targets. For example, set a trailing stop of 10 points above the current price.
Profit Booking:
As the price reaches each target, consider booking partial profits to secure gains. For instance, sell a portion of the position at 2694, another portion at 2685, and the remaining position at 2677.
Risk Management:
Position Sizing:
Use proper position sizing to ensure you do not risk more than 1-2% of your trading capital on a single trade. This helps to manage risk and protect your capital.
Diversification:
Avoid putting all your capital into a single trade or asset. Diversify your trades across different assets to minimize risk.
Discipline:
Stick to the trading plan and do not deviate from the strategy. Avoid making impulsive decisions based on emotions.
Disclaimer:
This strategy is based on historical data and technical analysis. Past performance is not indicative of future results. Trading involves risk, and you should only invest money that you can afford to lose. Always conduct your own research or consult with a financial advisor before making any trading decisions.
GOLD XAUUSD uptrend movement with target 2713 2728 and 2835TImeframe Day timeframe
After up trend, there is a consolidation. We can witness break out in a Day time frame and we can expect a target up to 2713 2728 and 2835
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
GOLD XAUUSD uptrend movement with target 2713 2728 and 2835SYMBOL GOLD or XAUUSD Uptrend Movement expected.
TImeframe Day timeframe
After up trend, there is a consolidation. We can witness break out in a Day time frame and we can expect a target up to 2713 2728 and 2835
HOPE our analysis is adding value to your Trading Journey.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
XAU#3: Gold Rises and Trading Plan💎 💎 💎 Plan ahead to help you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
Today I will continue to bring everyone a perspective on XAU and the next trading plan.
1️⃣ **Fundamental analysis:**
📊 🔴 US inflation accelerated in December and the Fed is facing a new challenge. This increases risk sentiment for the market.
▫️ In addition, some analysts are pointing out that Trump's job cut plan could push the unemployment rate up. The US economy faces more risks, causing money to flow into secured assets such as: Gold, BTC ....
2️⃣ **Technical Analysis:**
🔹 **D Frame:** Yesterday's closing showed a strong increase in gold after the announcement of the inflation index. The price will continue to find the resistance area above.
🔹 **H4 Frame:** The bullish price structure remains intact.
🔹 **H1 Frame:** The price has completely broken through the resistance area of 269x. The next target will be the area of 2725~2752
3️⃣ **Trading Plan:**
Thanks to the previous plan, we have made a small profit. You can see that planning in advance gives us an overview and shapes our trading psychology
⛔ **Absolutely do not SELL** at the present time, when the price structure shows an upward trend in both the short and long term
✅** If you want to BUY in the right direction to make a profit**, we can completely wait until the price returns to the support zone below as I have drawn on the chart. Or if you cannot be patient, remember that you should trade with a small volume and accept that you will lose that amount of money
📌 For any questions, please contact us directly. I am ready to answer you for free
💪 **Wish you successful trading!** 🚀
Gold: if this.... then that Current Price Structure:
There's a clear upward trendline forming from the November low
The market has formed a significant support zone (marked in green) around 2636-2640
A resistance zone (marked in red) exists around 2710-2720 level
Current price is showing bullish momentum at 2698
Multiple liquidity levels have been created above recent highs
The market has been making higher lows and higher highs, indicating bullish control
Potential Scenarios:
Primary target seems will be R1 at 2720.005
If price breaks above R1 , next targets will be R2 (2750.635) and R3 (2803.320)
Support levels to watch: S1 (2636.690), S2 (2584.005), S3 (2553.375)
The bullish structure remains valid as long as price stays above the upward trendline
Gold Current PA before NFPCurrent PA on H1 showing bullish trend with consistent higher highs and higher lows. The ascending trendline acts as dynamic support, holding the structure intact.
The price has broken above pivot R1 level and is now sustaining above it, indicating a good strength on this time frame by buyers
The price is moving in impulsive waves (blue zigzag lines), showing controlled corrections before resuming the primary trend.
Liquidity is likely building below the ascending trendline. If the price breaks this trendline, it could indicate a sweep of liquidity before continuing upward or can lead to correction if price breakdown this support trend line. above this buyers are in control .
on bigger picture price is consolidating inside a Triangle and the direction is not clear on daily right now .
today we have NFP and Unemployment data which can act as main driver for next move
Gold PA Check: Bulls Taking a break Near 2,670 The price is hovering around 2,671, and , it seems like price is playing a bit of a waiting game here. We've got this nice upward trend (Short rally but still looking good) since late December, which is encouraging for the bulls, but we're seeing some hesitation at current levels.
For Intra day, I'd keep a close eye on that 2,680 level - if we break above that with decent volume, we could see a nice move up. But here's the thing - the volume's been pretty average lately, nothing too exciting, which suggests people might be waiting for a clearer signal maybe waiting for CPI data today.
For Swing/ longer-term positions, the setup actually looks quite healthy to till time. We're making higher lows, which is always good to see, and that support around 2,630-40 seems pretty solid. The big test will be whether we can push through that 2,700-2,720 zone - that's where things could get interesting.
One thing I particularly like is how the price is respecting that pivot level at 2,667. It's acting like a nice reference point for current PA.
The market's in a bit of a consolidation phase right now for Intra day - so if you're planning any trades, you might want to wait for a clear breakout with volume confirmation rather than trying to force anything in this choppy action.
Key risk level: Below S1 (2,636) would invalidate bullish bias for Intra day and for Swing .
GOLD STORY #2: Things to watch out for when Gold corrects In the past 24 hours, the price of gold (XAU/USD) has dropped to $2,657/ounce, let's review the trading plan
🔎 1/ Fundamental Analysis
🔴 Global economy and market sentiment:
• Rising DXY Index: The DXY Index, which measures the strength of the USD against a basket of major currencies, crossed the 110.00 mark for the first time since November 2023. A rising USD usually puts downward pressure on gold prices, as USD-denominated gold becomes more expensive for investors holding other currencies.
• Positive US economic data: The latest jobs report showed positive Non-Farm Payrolls figures, reducing expectations that the US Federal Reserve (Fed) will cut interest rates, thereby supporting the USD and putting pressure on gold prices.
📊 2/ Technical Analysis
🔵 Looking at the H4 chart, you can see that the price is at the important support zone of 266x
🔵 The price structure of H4 and H1 has changed when Keylever 2664 has been broken
🔵 Looking at the H1 price channel, you can see that the price line shows that the sellers are still strong, the price trend is likely to find the support zone below at 265x
📈 3/ Trading Plan
🟢 BUY: We have to wait for a clearer price structure at the current support zone. Do not rush to place orders when yesterday's selling momentum has not been fully absorbed. Our buy plan will be based on the price structure I drew on the chart plan.
🔴 SELL
• If you currently have a good position at the resistance zone above, we can consider taking some profits and waiting for a better profit at the next support zone 261x~263x. Or:
wait for price reaction at the current support zone to establish a position
🐂 Which side are you on – BULL or BEAR? 🐻
💬 Leave a comment and discuss with the community!
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD XAUUSD SHOWING A GOOD DOWN 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 STORY #1: XAUUSD SIDEWAY – SHOULD I BUY OR SELL NOW?🔎 1/ Fundamental Analysis
🔴 Global economy and market sentiment:
• Non-farm payrolls (NFP) data: Positive results, showing that the US economy is growing steadily.
• Inflation – the deciding factor: The Fed is still waiting for CPI data next week, which will be the most important factor for interest rate policy.
• Uncertainty from Russia-US tensions: Trade and political sanctions continue to increase, creating greater risks for the global market.
💡 Summary:
Although the USD received support signals from NFP, gold prices still maintained their upward momentum due to risk-off sentiment.
📊 2/ Technical Analysis
🔵 W (Weekly) Frame:
• After 5 weeks of sideways, gold price bounced back strongly, continuing the main trend.
• The weekly candle closed with a strong body, showing that the bulls are in control.
🔵 D (Daily) Frame:
• The key level 2600 has been broken, but the resistance zone 2725~2750 has not given a positive signal.
• The price touches the resistance but continuously creates higher lows – the market is still leaning towards the bulls.
🔵 H1 Frame:
• The uptrend is clear, but the price is near the resistance zone.
• The Risk-Reward (R:R) ratio is no longer attractive to trade in the uptrend.
📈 3/ Trading Plan
🟢 BUY – Follow the trend:
• If you have a buy order at a low price, congratulations! 🎉
👉 You can:
• Hold the order: If you expect the price to continue to break the resistance.
• Close a part: When the price touches the resistance zone of 2725~2750 to preserve profits.
• Note: If you do not have a position, you should not FOMO into this price zone because the R:R ratio is no longer ideal.
🔴 SELL – Counter-trend:
• Although the uptrend does not support selling, you can consider:
• Wait for the price reaction at the resistance zone of 2725~2750. OANDA:XAUUSD
• Expected profit should be low because this is a counter-trend trade.
🐂 Which side are you on – BULL or BEAR? 🐻
💬 Leave a comment and discuss with the community! OANDA:XAUUSD