Gold Trading Strategy for 16th January 2025Gold Trading Strategy
Buy Strategy:
Entry Point:
Condition: Wait for the price to close above 2705 on a 1-hour candle.
Trigger: Buy when the price moves above the high of the candle that closed above 2705.
Targets:
First Target: 2713
Second Target: 2720
Third Target: 2725
Stop-Loss:
Set a stop-loss order below the low of the 1-hour candle that closed above 2705 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 2713, another portion at 2720, and the remaining position at 2725.
Sell Strategy:
Entry Point:
Condition: Wait for the price to close below 2680 on a 1-hour candle.
Trigger: Sell when the price moves below the low of the candle that closed below 2680.
Targets:
First Target: 2674
Second Target: 2668
Third Target: 2658
Stop-Loss:
Set a stop-loss order above the high of the 1-hour candle that closed below 2680 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 2674, another portion at 2668, and the remaining position at 2658.
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.
Xauusdanalysis
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
XAUUSD (Gold) Prediction for the coming daysin this week buying side move has been seen in gold. but gold has entered its selling zone and there are high chances of it falling from here. Because XAUUSD has entered the daily time frame order block (OB). Now if previous day high liquidity hunts and after displacement to the downside, then I am interested in Selling.
XAU/USD LAST DAY SHOW NEGATIVE AFTER NFPhello all traders i am explain you here gold is right follow the parllel channel upside and also follow the channel and after NFP still in uptrend i will shot after then all things change in gold but currently i am bullish in gold i will update more idea soon with my best trade.
XAU/USD - Gold about to give 20 dollars move?Key Observations:
1. Trendline Breakout:
- The price has broken above a descending trendline, signaling a potential bullish reversal.
2. Demand Zone:
- A strong supply/resistance zone is evident around $2,639–$2,644, which has acted as a base for the breakout.
3. Bullish Trade Setup:
- A long position can be taken, if the price breaks out of resistance zone and retests, targeting the following levels:
- Target 1: $2,649.53
- Target 2: $2,657.36
- Target 3: $2,664.13
- Target 4: $2,668.70
- Stop-Loss: Below $2,639.65.
4. Alternate Bearish Scenario:
- If the price re-enters below the demand zone and fails to sustain the breakout, bearish momentum could push the price toward lower levels near $2,627.50.
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Trading Scenarios:
1. Bullish Continuation:
- If the price holds above $2,646, there is a strong likelihood of testing higher resistance levels up to **$2,668.70**.
2. Bearish Rejection:
- A move below $2,636.5 could invalidate the bullish scenario, indicating a potential retest of lower supports.
---
Always use proper risk management when executing trades.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD 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
XAUUSD 1H BUY PROJECTION 07.01.24Three main factors fueled the rally: large purchases by central banks, notably those in China and other emerging markets; the Federal Reserve's monetary easing, which makes non-yielding gold more appealing; and the precious metal's historical role as a safe haven amid ongoing geopolitical tensions, including wars in
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7RISK 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 Trading Strategy for 02nd January 2025Gold Trading Strategy
Buy Setup Condition:
Wait for a 15-minute candle to close above 2632.
Entry:Place a buy order above the high of this 15-minute candle.
Targets:2640, 2648, 2655.
Stop Loss:Set a stop loss below the low of the entry candle or according to your risk management.
Sell SetupCondition:
Wait for a 1-hour candle to close below 2616.
Entry:Place a sell order below the low of this 1-hour candle.
Targets:2608, 2602, 2590.
Stop Loss:Set a stop loss above the high of the entry candle or according to your risk management.
Disclaimer
Trading involves substantial risk and is not suitable for every investor. The strategy mentioned above is for informational purposes only and does not constitute financial advice. Always perform your own analysis and consult a professional financial advisor before making trading decisions. Past performance is not indicative of future results. Use this strategy at your own risk.
XAUUSD_4H ANALYSISXAUUSD_4H ANALYSIS
Everything is mentioned on Charts.
Please always look for double confirmation before entry.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
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....
XAUUSD Analysis For TFF TRADERSSelling zone - 2619.9
Next selling Zone - 2633.1
Last Selling zone - 2644.9 to 2651.9
------------------------------------------
Scalping trade 30-50 pips 2609.3 to 2612.5 zone buy
****** I Am Not Financial Adviser ******
A+ Buying Zone 2600 to 2603
Follow For More Update
XAUUSD WEEEKLY BUY PROJECTION 22.12.24Central bank purchases of gold have been one of the strongest factors driving its price. This trend is likely to continue as central banks seek alternatives to US-dollar-dominated assets. Goldman analysts also believe that any escalation in trade tensions or geopolitical risks could further enhance gold's appeal.
Gold Trading Strategies for 23rd December 2024Gold Trading Strategies
Strategy 1: Breakout Strategy
Buy Above: Enter a buy position above the high of the 15-minute candle that closes above 2636.
Upside Targets: 2650, 2665, 2680
Sell Below: Enter a sell position below the low of the 15-minute candle that closes below 2611.
Downside Targets: 2600, 2587, 2570
Strategy 2: Support Zone Buy Strategy
If the price trends lower from 2625:
Buy Between: 2610-2616
Stop Loss: 2604
Targets: 2625, 2635, 2650
Strategy 3: Resistance Zone Sell Strategy
If the price trends higher from 2623:
Sell Between: 2635-2645
Stop Loss: 2655
Targets: 2625, 2615, 2600
Summary:
Breakout Strategy: Utilizes the breakout levels of 2636 for buying and 2611 for selling based on the 15-minute candle close, with defined upside and downside targets.
Support Zone Buy Strategy: Focuses on buying in the support zone of 2610-2616 with a stop loss at 2604, targeting 2625, 2635, and 2650.
Resistance Zone Sell Strategy: Targets selling in the resistance zone of 2635-2645 with a stop loss at 2655, aiming for targets of 2625, 2615, and 2600.
These strategies provide a comprehensive approach to trading gold, incorporating different market conditions and defined targets.
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
Gold Trading Strategy for 20th December 2024Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2606
Sell Below: The low of the 15-minute candle that closes below 2583
Support and Resistance Levels:
Resistance: 2616, 2634, 2652
Support: 2573, 2555, 2530
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2606.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2583.
Trailing Stop-Loss: Use a trailing stop-loss to manage risk and protect your capital.
Book Profits: Regularly book profits at the specified resistance and support levels.
Additional Tips:
Monitoring: Continuously monitor the 15-minute chart for clear buy or sell signals.
Risk Management: Always use stop-loss orders to manage risk and protect your capital.
Market Conditions: Stay updated on market news and events that could impact prices.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:8 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_4H ANALYSISXAUUSD_4H ANALYSIS
Everything is mentioned on Charts.
Please always look for double confirmation before entry.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.