XAU#18: Latest Update: Gold Price Continues Its Upward Journey?💎 💎 💎 OANDA:XAUUSD once again surpassed a new peak. However, there was a slight correction yesterday. So let's analyze whether OANDA:XAUUSD will continue to set a new peak today: 💎 💎 💎
1️⃣ **Fundamental analysis:**
📊Gold exports from Singapore to the US increased dramatically. Gold futures prices on the New York COMEX floor are higher than physical gold prices in London, promoting the flow of gold from other markets into the US to benefit from this difference.
🔴Fed meeting minutes | No rush to cut interest rates, consider slowing down or pausing the balance sheet reduction. Interest rate policy: The Fed kept interest rates unchanged (4.25%-4.50%) and has no plans to cut interest rates soon. The first cut is expected in July or later.
🚀 There is a turning point in the ceasefire between Russia and Ukraine, and investors are betting ahead! Investors are positioning for an early end to the Russia-Ukraine conflict after US President Donald Trump and Russian President Vladimir Putin discussed the issue.
📌Overall, we can see that the fundamentals are not supporting the gold price increase. However, the gold price increase is still coming from the uncertainty about US tariff policies and concerns about the weakening economy.
2️⃣ **Technical analysis:**
🔹 **D frame**: the previous day's increase is currently a bit hesitant like yesterday's candle. However, gold is still in a strong uptrend.
🔹 **H4 frame**: the bullish price structure is too clear. We had a slight correction at the end of yesterday but recovered immediately afterwards, showing that market sentiment is still very optimistic about the prospect of gold's increase.
🔹 **H1 frame**: Looking at the chart, everyone can see that H1 is temporarily in a decreasing channel. However, the decreasing structure has not been confirmed. The price can still accumulate and bounce to break the peak at any time
3️⃣ **Trading plan:*
⛔ The current price structure is still supporting the bulls, but we also need to pay attention to important information at this time about the Russia-Ukraine war. If there is official information about the ceasefire agreement, it will cause gold prices to decrease.
✅ Prioritize BUY following the main trend. The target of the 3000 area from previous articles analyzed is very close. You can refer to the plan in the H1 frame to set up a position
💪 **Wish you successful trading!**
Xauusdsignal
XAUUSD: Analysis from Wyckoff's perspective!Currently, TPO is still in an uptrend. After reading briefly about the Wyckoff structure, it is predicted that there will still be a strong increase towards the 2946 area because when the price line touches 2946, it is a new ETH GOLD (ending 5 waves 12345 Elliot). After touching 2946 to form a UTAD, GOLD will create a new correction wave.
XAU#15:Gold Price Hits Record High–How to Profit From This Trend💎 💎 💎 So gold has hit 2900 and beyond. Prices continue to rise. Let's plan the next trade OANDA:XAUUSD : 💎 💎 💎
1️⃣ **Fundamental analysis:**
——————————————————————————————————————————
⚫US President Donald Trump's new tariff plan has raised concerns about a trade war, causing investors to flock to safe-haven assets. Gold prices rose to a record $2,900/ounce, while silver prices also surpassed $32/ounce.
⚫Trump announced a 25% tariff on imported steel and aluminum, and announced reciprocal tariffs on all countries.
⚫This has increased trade tensions and pushed gold prices higher. Analysts say gold still has room to rise amid economic uncertainty and Trump's unpredictable trade policies.
⚫Global gold demand, especially from China, has also supported gold prices. China increased its gold reserves for the third consecutive month and allowed insurance companies to invest in gold, which could free up billions of dollars in funds.
⚫ However, a sharp rise in FOREXCOM:XAUUSD prices could make it more expensive for investors
⚫While gold is a safe haven, high interest rates could reduce its appeal. The Federal Reserve remains cautious on monetary policy due to high inflation and the uncertain impact of Trump's tax policies on the economy.
2️⃣ **Technical analysis:**
🔹 **D Frame**: Yesterday closed with a large candle. This appeared at the historical peak, so it is easy to understand why today's opening session we witnessed such strong fluctuations in gold
🔹 **H4 Frame**: The price structure has not changed. The uptrend is still continuing. Although the price is considered too high, the price line still reflects the absolute dominance of the bulls
🔹 **H1 Frame**: The price line has reached the top of the expanded price channel and has reacted. There is a high possibility that there will be a correction to a lower price zone
3️⃣ **Trading plan:**
⛔ The conflict in basic information data over the weekend is clearly reflected in the price line. At the moment, we should wait for price reactions at important support areas to establish positions.
✅ Looking at the price line, the old peak area has been rejected and there is a high possibility that we will have a slight correction to gain momentum to move to a higher price zone. The end of the W candle shows that the uptrend of Gold has not shown any signs of ending. Prioritize trading in line with the main trend.
💪🚀 **Wishing you successful trading!**
Gold Next Target 3000$ ?Key points: fundamental
⚡Trump raises tariffs on steel and aluminum imports
⚡Bullion hits record high of $2,942.70 per ounce
⚡Gold bulls lock in $3,000/oz milestone in sight
📊 Market Overview:
Gold continues to break all-time highs, currently trading around $2940 - $2942. Despite a temporary pause at this resistance level, geopolitical uncertainty and economic conditions suggest that gold could soon reach the psychological $3000 mark .
✅ Trend Analysis:
The overall trend remains bullish, with price following an ascending trendline (dashed).
Strong buying momentum is visible, as price has made higher highs and higher lows.
Final Thoughts:
🚀 Gold remains bullish, but traders should watch how price reacts around key Fibonacci levels and the trendline.
📊 A break above $2,931 can push price higher, while a rejection could lead to a pullback before another bullish move.
📢 Keep an eye on key economic events (seen on chart) that may impact volatility!
Would you like me to suggest entry/exit points based on your strategy? 🎯
👉 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
XAU#10: Gold hits record high. What should traders do? 💎 💎 💎 Plan #9 first helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So OANDA:XAUUSD FOREXCOM:XAUUSD has broken the peak as predicted in analysis #9. Now let's plan the next step:🔥
1️⃣ **Fundamental analysis:**
📊US consumer price inflation accelerated late last year, supporting the Fed's decision to pause interest rate cuts
🔴 Trump announced that he would impose 25% tariffs on Canada and Mexico, "Trade war" begins again
🔴Trump threatened that tariffs will take effect on February 1! Affected by Trump's tariff policy, the market's risk-off sentiment has increased significantly, which may continue to support gold prices.
2️⃣ **Technical analysis:**
🔹 **Frame D**: The historical peak has officially been broken. The end of the weekend trading day is a Shooting Star candle. Is this a warning from the price line? Let's analyze more carefully in the trading plan.
🔹 **Frame H4**: The price is still trading above the support area. The bullish price structure is still intact
🔹 **H1 frame**: Looking at H1, we can see that although the price adjusted from 2816 to 2798 at the end of the trading session, the bullish price structure is still intact, the 2798 area is not a strong support area but there is still a reaction showing that the market sentiment is supporting the bulls
3️⃣ **Trading plan:**
⛔ Although the closing candle D is a candle that signals a reversal, what we need to pay attention to is that all frames are showing an upward structure. The closing price on the last day of the week at the end of the month, profit taking leading to a price decrease is normal. If there is really a sign of that, we will see a warning from the price model.
✅ Based on the basic information and price line, we can completely wait for the price to return to the support zone below to continue trading in accordance with the main trend. In my personal opinion and trading habits, I extremely limit trading against the trend, so I do not plan for a SELL position at this time
💪🚀 **Wish you successful trading!**
📌 If you have any questions, please contact me directly. I am ready to answer them for free
What Next in Gold After Fed Interest rate
💡 Key Observations
1. Ranging Market (15-Minute Timeframe):
o The price is consolidating within a tight range near $2762, showing indecision in the
market. This is a typical behavior before a breakout or breakdown.
2. Order Blocks (OB):
o OB on 1H: The $2771-$2772 zone is still acting as a strong resistance. Multiple price
rejections confirm this as a supply zone.
o OB on 30M: A minor order block is visible near $2760-$2762, suggesting short-term demand
in this area.
3. Trendline Support:
o The upward red trendline continues to act as dynamic support. Price is respecting this
trendline, maintaining a bullish structure for now.
4. Demand Zone at POI Level:
o The $2745-$2742 zone remains a critical support area. If the price retraces, this zone is
likely to attract buyers.
5. Fed Interest Rate Impact:
o The Fed's decision to keep interest rates unchanged at 4.5% has added to the ranging
behavior as traders await clearer cues.
6. Overall Trend:
o The broader structure is still bullish, supported by the 200 EMA (blue line) and the
ascending trendline. However, the price is struggling to gain momentum near
the resistance.
________________________________________
💡Key Levels
• Resistance Levels:
o $2771-$2772 (Major Resistance): Watch for a breakout here for further bullish momentum.
o $2790 (All-Time High): If $2772 is cleared, this is the next target.
• Support Levels:
o $2760-$2762 (30-Minute Order Block): Short-term support zone within the range.
o $2745-$2742 (POI Level): Strong demand zone and key level to hold for bullish
continuation.
________________________________________
📊 Market Outlook
1. Bullish Case:
o A breakout above $2772 with strong volume could push the price toward the all-time high
of $2790.
o The bullish trendline and 200 EMA provide strong support for this scenario.
2. Bearish Case:
o A breakdown below the trendline and the $2745-$2742 demand zone could lead to a deeper correction, potentially targeting the $2730 level or lower.
________________________________________
💡Trading Strategy Suggestions
1. For Buyers:
o Enter long positions near the $2745-$2742 demand zone or on a breakout above $2772,
targeting $2790.
o Keep a tight stop-loss below the trendline or $2740 to limit risk.
2. For Sellers:
o Consider short positions near the $2772 resistance if the price continues to reject this
level, targeting $2760 or lower.
o A break below the trendline could also signal a shorting opportunity, aiming for $2730.
________________________________________
⚠️Conclusion
Gold is in a consolidation phase near the $2762 level, with a strong resistance zone at $2771-$2772. While the overall structure remains bullish, a breakout or breakdown from the range will determine the next move. Keep an eye on key support and resistance levels, along with market news or economic triggers, for clearer direction.
👉 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
XAU#9: FED keeps interest rates unchanged. Information supportin💎 💎 💎 The previous plan helps you make a profit. Please like and follow the channel to follow the earliest trading plan 💎 💎 💎
🔥So Gold has returned to the support zone of 2745 and reacted strongly as the previous plan. Here's our next trading plan 🔥
1️⃣ **Fundamental analysis:**
📊 🔴Market speculation that US may impose import tariffs on gold
London gold market participants are racing to borrow central bank gold stored in London as gold deliveries to the US surge on speculation that the US may impose import tariffs
🚀 🔴Fed keeps rates unchanged, drops mention of inflation "progress" in policy statement
2️⃣ **Technical analysis:**
🔹 **D frame:** yesterday closed as a Hanging Man candle. However, the price action after this candle still needs market confirmation in today's trading session
🔹 **H4 frame:** The support zone of 2745 is playing an important role. The price is still in an upward structure.
🔹 **H1 frame:** The trendline zone that matches the support of 2745 is showing a strong reaction after the interest rate announcement. If the price can break through the resistance zone above, Gold will have enough momentum to break through the old peak
3️⃣ **Trading plan:**
⛔ In the current area, it will be risky if we take a SELL position here. Although it is also a resistance zone, H4 has a hugging candlestick pattern with an increasing structure. If H4 closes at 2752, we will consider this option later
✅If anyone has an order in the 2745 area, Congratulations!!! You can wait for a higher profit. If not, you can choose to react to test the trendline again on the H1 frame for confirmation. We will wait for a price structure on a small time frame like m15 to establish a position.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
Gold has entered a range-trading💡 Fundamental Effect :
- Gold has entered a range-trading phase as it factors in the potential impacts of the Federal Reserve meeting, possible interest rate cuts, and a correction in equity markets following news about Chinese AI model DeepSeek, according to Norman.
- On Monday, a sell-off in technology stocks triggered by DeepSeek news led investors to liquidate bullion to offset losses.
- With the Fed's first policy meeting of the year concluding today, investors are closely watching for signals about the direction of interest rates and insights from Chair Jerome Powell's speech.
- Trump has urged for lower interest rates, which conflicts with the Federal Reserve’s independent authority to set interest rate policies.
- Meanwhile, Trump remains committed to imposing tariffs on Canada and Mexico, following through on his earlier promises.
- These policies are considered inflationary, which may compel the Federal Reserve to maintain higher interest rates to counter rising price pressures.
💡 Summary
-Price is currently consolidating near $2757 with resistance at $2771-$2772.
-A break above $2772 could lead to further upside momentum.
-A break below the 200 EMA at $2756 might lead to a test of $2744.59,
signaling bearish continuation.
Main Analysis-
Gold Trading Strategy for 29th January 2025Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 2772
Targets: 2780, 2795, 2806
Stop-Loss: Below the low of the 15-minute candle that closed above 2772
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 2745
Targets: 2738, 2730, 2719
Stop-Loss: Above the high of the 15-minute candle that closed below 2745
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#7: The bullish wave engulfs the trader's account
💎 💎 💎 Plan #6 above helps you make a profit. Leave a comment and tag your friends to share. 💎 💎 💎
So the bullish wave has reached the old peak as analyzed by #6. Let's see the next comments and trading strategies.
1️⃣ **Fundamental analysis:**
📊 Putin: Ready to discuss the Russia-Ukraine conflict and energy issues with Trump. If there is really a negotiation. Gold prices may be under pressure
🚀Trump hinted at easing tariff policies and called on the Federal Reserve to cut interest rates. This is the driving force that has pushed gold to hover near the record high reached in October last year
2️⃣ **Technical analysis:**
🔹 **W frame:** Last week ended with a strong bullish candle in the resistance area. This confirms that the market sentiment is extremely optimistic about establishing a new price peak.
🔹 **H4 frame:** The uptrend is still very strong with no signs of correction
🔹 **H1 frame:** The price structure is increasing in a stepwise manner. It will be difficult to see a correction.
3️⃣ **Trading plan:**
⛔ In previous articles, my top priority for you is to never go against the market trend at this time. Especially, you are not allowed to hold losses or place SELL orders against the trend. Many accounts have burned because of blocking the gold head when the trend is so strong
✅The uptrend will continue next week. The top priority is still to find a BUY entry point when the price reaches the support zone.
💪🚀 **Wish you successful trading!**
📌 For any questions, please contact directly. I am ready to answer for you for free
#trading #trade #xauusd #newtrader #newbie #xau #forex #tradingview #plants #trader #tradingforex
XAUUSD MONDAY MARKET OPENING PROJECTION 26.01.24he chart illustrates an analysis of Gold Spot (XAU/USD) on a 1-hour timeframe, with a detailed projection for Monday's market opening on January 26, 2025. Key elements of the chart include:
Price Levels:
Current Price: $2,770.885.
Target Price: $2,785.816.
Stop Loss: $2,755.726.
Support Level: Around $2,766.852, marked by a 38.2% Fibonacci retracement line.
Technical Indicators:
Stochastic Oscillator (5,3): Indicates oversold conditions, with values of 16.24 and 20.94.
Relative Strength Index (RSI): Shows a neutral reading of 52.22, suggesting no strong directional bias.
Projection:
The blue arrow anticipates a bullish movement from the current price toward the target price after a potential bounce near the $2,766.852 support zone.
A bearish scenario is mitigated with a stop loss at $2,755.726.
Context:
The analysis implies a buying opportunity around the support zone, aiming for a potential upward move.
This chart represents a calculated setup for traders, combining Fibonacci levels and momentum indicators to define a strategy for Monday's market session.
XAUUSD 1H SELL LIMIT PROJECTION 24.01.24Key Components of the Chart:
Channel Analysis:
The price is moving within a clearly defined parallel upward trend channel.
The channel is marked with two parallel trendlines: an upper resistance trendline and a lower support trendline, indicating the prevailing short-term bullish momentum.
Resistance Zone (R1):
A major resistance level is identified near 2788-2790, which aligns with the upper boundary of the trend channel.
This area is marked as a potential entry zone for a sell limit order, based on the expectation of a rejection from this resistance level.
Support Zone (S1):
A support level is marked near 2780, acting as the take profit (TP1) for the proposed trade. This is also in line with the midline of the channel, suggesting a likely pullback target.
Entry & Stop Loss (SL):
Entry zone: 2788–2790 (at resistance R1).
Stop loss (SL): 2798, placed just above the resistance zone to account for false breakouts.
Take profit (TP1): 2780, aiming for a move back toward the support level.
Trendlines and Candlestick Interaction:
The chart highlights how price action respects both the upper resistance trendline and lower support trendline through previous touchpoints, indicating strong adherence to the channel.
Bearish Projection:
The setup assumes a short-term bearish reversal from the resistance zone, as the price is anticipated to test the lower levels within the channel.
XAUUSD 1H SELL PROJECTION 23.01.24Reason for Sell
Looking at the year ahead and 2025 and it will no doubt be interesting. Geopolitical risk remains a threat with the Middle East still on edge and the Russia-Ukraine situation no closer to a resolution. Just yesterday there were rumors that a proposal by the incoming Trump administration to delay Ukraine joining NATO by 10 years will not be accepted by the Kremlin.
Anyone with knowledge of the situation there will know that this will not change as the main reason for the conflict (at least from a Russian perspective) is Ukraine joining NATO. These developments are likely to keep some geopolitical risk premium in play and keep safe haven demand going.
Global Central Banks were one of the main drivers of the Gold price rise in 2024. This is expected to continue in 2025. The World Gold Council survey revealed in the second half of 2024 that Central Banks are likely to purchase more Gold in the next 12 months. This should further bolster demand for the precious metal.
When it comes to risks affecting Gold prices moving forward, it does get challenging. The reason for this is the incoming Trump administration is expected to do good things for the economy but some policies could lead to higher interest rates. This could weigh on Gold prices.
This is a double-edged sword however, in that the increased risk of uncertainty from Trump policy and concern around the impact of tariffs could actually bolster the demand for safe haven assets and thus Gold.
All in all analysts are largely pricing in further gains for the precious metal in 2025, personally I do see the potential for upside as well. However, I would not rule out a deeper correction before price does actually breach the current ATH resting around the 2790 handle.
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 marketwhich 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 breakC. 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
**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.
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!** 🚀
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 Trading Strategy for 13th January 2025Gold Trading Strategy
Buy Strategy:
Entry Point: Buy above the high of the 15-minute candle that closes above 2700.
Targets: 2708, 2715, 2723
Sell Strategy:
Entry Point: Sell below the low of the 1-hour candle that closes below 2677.
Targets: 2664, 2655, 2643
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.