GOLD (XAU/USD) 4H CHART – BULLISH BREAKOUT TRADE SETUP🔵 Trendline Breakout 📈
📏 Price broke above a descending trendline, signaling a potential bullish reversal.
🔼 This breakout is often seen as a buy signal by traders.
🧱 Resistance Area 🛑
🔹 Price has entered and broken through a horizontal resistance zone.
🔄 This zone may now flip into support, adding confidence to the long setup.
🟧 Demand Zone 📦
📍 Marked between 3,267 – 3,298.
🛡️ Strong buying interest historically observed in this area.
📉 EMA (70) at 3,298.065 acts as dynamic support.
🟦 Entry Point 🚪
🎯 Entry Level: 3,322.930
🔄 Enter after retest confirmation or bullish candle above resistance.
🔴 Stop Loss ⛔
⚠️ SL Level: 3,267.993
💣 Below the demand zone and EMA — protecting against false breakouts.
🟩 Target Point 🎯
🚀 TP Level: 3,490.000
📌 Prior high zone — strong historical resistance expected here.
💰 Trade Setup Summary
✅ Buy Above: 3,322.930
❌ Stop Loss: 3,267.993
🎯 Target: 3,490.000
📊 Risk/Reward Ratio: Favorable (approx. 1:3)
🔎 Technical Confidence Levels
🔵 EMA Support ✅
🔵 Trendline Breakout ✅
🔵 Resistance Flip ✅
🔴 False Breakout Risk
Xauusdprediction
GOLD - BULLISH OUTLOOK WITH SHORT TERM PULLBACKSymbol - XAUUSD
Gold is currently testing the liquidity zone near the 3350 level, exhibiting signs of a potential false breakout above resistance within the prevailing upward trend. A short-term correction may occur before the continuation of the broader bullish movement.
The fundamental backdrop in the market remains complex and somewhat contradictory. Presently, attention is centered on geopolitical developments, particularly the heightened tensions between Russia and Ukraine following the recent weekend escalation. Market participants are closely monitoring diplomatic negotiations taking place in Turkiye. Additionally, the ongoing uncertainty surrounding international tariff policies continues to exert pressure on sentiment.
Since the session's open, gold has demonstrated strong upward momentum, approaching a key liquidity & resistance zone. A false breakout at resistance appears to be forming, which could prompt a corrective pullback toward a key area of interest. Simultaneously, the US dollar is testing a support level, potentially signaling a local correction before resuming its directional movement. This interplay may influence gold prices, which retain an overall bullish outlook.
Resistance levels: 3350, 3365, 3409
Support levels: 3303, 3264
The price has broken out from a consolidation phase, having tested resistance and triggered liquidity above the 3350 mark. Given the current positioning, a retracement toward support levels is plausible before the uptrend resumes.
Gold Trading Strategy for 6th January 2025Gold Trading Strategy
Key Levels:
Buy Above: The high of the 1-hour candle that closes above 2648
Sell Below: The low of the 15-minute candle that closes below 2631
Targets:
Upside Targets: 2655, 2665, 2680
Downside Targets: 2632, 2616, 2609
Strategy Details:
Buy Signal: Enter a buy position above the high of the 1-hour candle that closes above 2648, aiming for targets of 2655, 2665, and 2680.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2631, aiming for targets of 2632, 2616, and 2609.
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.
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 trading Strategy for 3rd January 2025Trading Strategy
Buy Condition Entry Point:
Buy above the high of the 15-minute candle that closes above 2662. Ensure that the candle has fully closed before entering the trade to confirm the breakout.
Targets: Target 1: 2670, Target 2: 2680, Target 3: 2699
Stop-Loss: Place your stop-loss below the low of the breakout candle or below a recent support level, depending on your risk tolerance.
Sell Condition Entry Point:
Sell below the low of the 1-hour candle that closes below 2647. Ensure that the candle has fully closed before entering the trade to confirm the breakdown.
Targets: Target 1: 2636, Target 2: 2627, Target 3: 2621
Stop-Loss: Place your stop-loss above the high of the breakdown candle or above a recent resistance level, depending on your risk tolerance.
Important Notes on Stop-Loss and Trailing Stop-Loss:
Protect Your Capital:
Always use a stop-loss to protect your trading capital from significant losses. Never trade without a predetermined stop-loss level.
Secure Profits:
As the trade moves in your favor and reaches the first target, consider moving your stop-loss to breakeven. For additional targets, use a trailing stop-loss to lock in profits while allowing the trade to run further. This can be done manually or by setting a dynamic trailing stop in your trading platform.
Disclaimer:
Risk of Trading:
Trading in financial markets involves significant risk and may not be suitable for all investors. Losses can exceed your initial investment.
Educational Purposes Only:
The strategies provided above are intended for educational purposes and should not be interpreted as financial or investment advice.
No Guarantees:
Past performance is not indicative of future results. There is no guarantee that the strategies mentioned will result in profits or avoid losses.
Due Diligence Required:
Always perform your own analysis before entering a trade. It is essential to understand the technical and fundamental factors influencing the market.
Seek Professional Advice:
Consult with a licensed financial advisor or trading professional to ensure your trading activities align with your financial goals and risk tolerance.
Use Risk Capital:
Only trade with funds you can afford to lose. Avoid using money allocated for essential living expenses.
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.
Gold Trading Strategy for 30.12.2024Gold Trading Strategy
Key Levels:
Buy Above: The high of the 15-minute candle that closes above 2642
Sell Below: The low of the 15-minute candle that closes below 2610
Targets:
Upside Targets: 2651, 2664, 2675, 2686
Downside Targets: 2598, 2589, 2579
Strategy Details:
Buy Signal: Enter a buy position above the high of the 15-minute candle that closes above 2642, aiming for targets of 2651,2664, 2675, and 2686.
Sell Signal: Enter a sell position below the low of the 15-minute candle that closes below 2610, aiming for targets of 2598, 2589, and 2579.
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.
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 or XAUUSD analysis Gold or XAUUSD analysis
Symbol: Gold or XAUUSD
Time frame: 4 hours
Analysis: Presently we can observe divergence, SO, we can expect downtrend movement up to 1870 but in case if the price crosses above the parallel channel with high volume and in MACD, if the price crosses above zero, then, we can expect target up to 1230.
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.
Happy Trading
XAUUSD Pre-Prediction till 1st March 2022As per my calculations and previous chart history, I am going short but with tight stop loss according to my risk management and I will set a buy stop in that case..
All main points are also projected on the chart...
Please do your own research before taking any decision of trading in this volatile market...
Local Support @1920.079 and
Sell Stop @1929 with
TP1 @1916
TP2 @1910
TP3 @1904
TP4 @1900
Alternatively
Local Resistance @1933.028 - 1936
if broken then
TP1 @1938
TP2 @1945
TP3 @1953
Major Resistance @1949.039
If broken then this analysis would be invalid