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Gold 01.07,continues to be profitable and has a strong uptrendReshaping Strategy Following Trump’s Statements and the Strong Volatility in GOLD Fake news caused market chaos at the start of the week: The talk of Trump easing tariffs was not an official statement from Trump himself but rather a report by WaPo (Washington Post). It appeared as though WaPo "put words in Trump's mouth," steering public opinion in their favor. From Trump's statements, the following key points can be derived: Key Points: Trump suggests lifting Biden's oil drilling ban: U.S. oil producers are likely to return to the market more strongly. A significant drop in oil prices can be expected. Inflation could be better controlled, which is favorable for GOLD. Trump denies the WaPo report: While Trump denied the WaPo report, it doesn’t carry much weight as the report wasn't based on his actual statements. Trump's tariff plan remains intact. This back-and-forth between WaPo and Trump caused strong and unexpected volatility in the GOLD market. Trump made no mention of tariffs in his latest remarks: Current tariff policies do not place pressure on GOLD. This is considered a stabilizing factor for GOLD. Admin maintains a bias toward a rebound in GOLD. Wait for a slight pullback in GOLD prices to look for new buying opportunities. Market Environment and Developments: DXY (Dollar Index): Slight decline after the PMI data release. Fed Official Cook: Suggests reducing interest rates to neutral levels is appropriate. Trading Strategy: BUY SCALP ZONE: 2624 - 2622 SL (Stop Loss): 2620 TP (Take Profit): 2630 - 2636 - 2640 SELL SCALP ZONE: 2656 - 2658 SL (Stop Loss): 2661 TP (Take Profit): 2652 - 2648 - 2645 BUY ZONE: 2615 - 2613 SL (Stop Loss): 2608 TP (Take Profit): 2620 - 2624 - 2630 - 2638 - 2644 - ??? SELL ZONE: 2662 - 2664 SL (Stop Loss): 2668 TP (Take Profit): 2658 - 2654 - 2650 The current price is fluctuating between both ends within a large range. Yesterday, we captured nearly 300 pips with the two BUY/SELL zones outlined in the admin’s plan. Today’s price is awaiting news, making predictions challenging. Please refer to the zones noted in the plan and analyze the chart to optimize your trades. Note: Always set TP (Take Profit) and SL (Stop Loss) to protect your account. Good luck!
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
Gold trading strategy opens the new year trading sessionThe strong buying activity of central banks, geopolitical instability, and monetary policy easing have driven gold to break several record highs in 2024. According to analysis and forecasts, the factors supporting gold in 2024 will continue into 2025, although they also highlight potential obstacles from Trump’s policies, which may increase inflation and slow down the Federal Reserve's interest rate cuts. Concerns about politics peaked after Trump’s decisive victory… The central bank’s gold-buying trend is expected to continue at a similar pace in 2025, but the flow of capital into gold will likely be more discreet due to the threat of tariffs from Trump on countries that are actively de-dollarizing. Gold surged quickly at the start of the Asian session at the beginning of the new year, likely due to large investors returning to the market after the long holiday, and the market has become more lively again. This comes especially after the US housing data report published on Tuesday, which showed a sharp decline compared to the previous period, possibly boosting optimistic sentiment about the Fed’s upcoming interest rate cuts. The market has improved compared to the gloomy period at the end of the year, due to profit-taking and the absence of large investors in the market. If gold rises quickly at the start of the day, do not chase the buy position; instead, wait for a reasonable price to sell during a retracement, and then consider buying again later. Therefore, the suggested strategy for the start of the day would be to sell during the retracement with a target of 2,632. After that, look for a buy again at support levels around 26 - 22 or lower. For the European session, the EURO PLAN suggests that if gold doesn’t reach the target by the start of the European session, then exit the sell position and consider buying earlier. Trading Strategy: SELL ZONE: 2648 - 2650 SL: 2255 TP: 2642 - 2638 - 2634 - 2630 BUY ZONE: 2600 - 2598 SL: 2594 TP: 2605 - 2610 - 2614 - 2620 These are key resistance and support levels that the author believes will see price reactions if reached. However, keep in mind the notes above in the article. The market has opened strong this morning with a lot of buying activity, which suggests that the trend of the previous downtrend channel may be broken. Therefore, be cautious with sell positions and prioritize finding buy entry points as suggested by the author. Good luck!
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
Trading strategy for the last Friday of the yearGlobal Gold Prices Rise on Safe-Haven Demand Gold prices rose on Thursday (December 26), buoyed by safe-haven demand amidst low trading volumes following the Christmas holiday. Investors awaited signals regarding the economic policies under the incoming Donald Trump administration and the Federal Reserve's interest rate strategy for 2025. At the close of trading on December 26, spot gold advanced by 0.8% to $2,634.39 per ounce. Daniel Pavilonis, Senior Market Strategist at RJO Futures, stated, “Part of gold’s rally is related to developments in Ukraine as Russia targets Ukraine’s power grid.” U.S. President Joe Biden urged the Department of Defense to continue ramping up arms supplies to Ukraine after condemning Russia's Christmas Day attacks on several Ukrainian cities and energy infrastructure. Gold is often viewed as a hedge against geopolitical instability and inflation. However, higher interest rates reduce the appeal of this non-yielding asset. The coming year is expected to be highly volatile for gold. The first half may see positive momentum driven by escalating geopolitical tensions, while the second half could witness profit-taking activities. As Donald Trump prepares to return to the White House in January 2025, markets will closely monitor U.S. economic data to assess how the Federal Reserve manages inflationary pressures arising from the Trump administration’s policies. Following the Christmas holiday, this week has been devoid of significant economic data, at least until the next. As a result, gold is likely to trade sideways today, leaning towards an upward trend based on the latest developments mentioned above. The suggested strategy is to look for buying opportunities with targets at $2,630–32, $2,635–37, and $2,640–42, or slightly higher if momentum allows. However, selling opportunities could arise after potential pullbacks, with targets around 5 - 10 Price Sell Zone: $2,648–50 Stop Loss (SL): $2,655 Take Profit (TP): $2,642–39–34 Buy Zone: $2,609–07 Stop Loss (SL): $2,602 Take Profit (TP): $2,615–20–28 Key Considerations: Given that today is a Friday, liquidity may remain low, and markets could see sudden price spikes triggered by thin trading volumes. Exercise caution in your trades, especially as many remain in holiday mode. Stay safe with your accounts, and trade prudently! GOOD LUCK!
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
Gold trading strategy opening day after Christmas 12/26/24Gold Rises as Sydney Session Opens: ld increased from 2615 at the opening of the Sydney session and is now approaching the 2628 zone, which had been highlighted earlier as a resistance level for observation. This zone is expected to attract liquidity. Currently, there is some reaction at this level, but traders should carefully watch whether the price has enough momentum here. If this resistance does not hold for the sellers, focus on price movements toward the upper zones. (Be sure to monitor the chart for detailed updates.) Today, the Unemployment Claims report will be released. It is anticipated that this report might not be favorable for the USD. Looking at the overall results from previous years, the Unemployment Claims report often shows a high number of claims toward the year-end. This could create some pressure on the USD and potentially push gold toward higher key levels, where traders can plan for hold-and-sell opportunities. Given today’s price range and the Bank Holiday in EU countries, it’s expected that the Unemployment Claims report and the initial market opening could cause price fluctuations within a range of 15-20 pips. Trading Strategies: Sell Scalp: Entry: 2635 - 2637 Stop Loss (SL): 2641 Take Profit (TP): 2627 - 2625 Sell Zone: Entry: 2648 - 2650 SL: 2654 TP: 2640 - 2635 - 2627 - 2620 Buy Scalp: Entry: 2608 - 2605 SL: 2602 TP: 2615 - 2620 Buy Zone: Entry: 2602 - 2600 SL: 2595 TP: 2610 - 2615 - 2620 - 2628 Key Notes: - Pay close attention to the strategies and critical price zones for optimal trading results. - Important breakout and breakdown levels, as well as reaction zones, have already been marked on the chart for reference. Be proactive in executing your orders. *** GOOD LUCK!
OANDA:XAUUSD
by KevinNguyen-SimpleTrade
Gold trading strategy before Christmas 2024Global Gold Prices Drop Ahead of Christmas Holiday Gold prices edged lower during Monday's subdued holiday trading session, pressured by the strengthening US dollar and rising US Treasury yields, as investors awaited clearer signals on the Federal Reserve's monetary policy direction for 2025. At the close of trading on December 23, spot gold fell by 0.4% to $2,611.17 per ounce, while gold futures dropped by 0.6% to $2,628.20 per ounce. The US dollar index advanced by 0.4%, hovering around a two-year high, reducing gold's appeal for holders of other currencies. Meanwhile, the yield on the benchmark 10-year US Treasury note also climbed. Despite the Fed cutting interest rates by 0.25% last week, signals of a less aggressive rate reduction in 2025 pushed gold prices to their lowest levels since mid-November 2024 last week. While gold typically benefits from a low-interest-rate environment, investors are adjusting their expectations for the upcoming year. As noted above, following the release of disappointing US consumer confidence data at 10:00 PM yesterday, consumer sentiment remains gloomy. This sentiment could influence the Fed's policy direction, contributing to a modest dip in gold prices post-news. For today, the strategy is to focus on buying at key resistance levels of 20 - 27 - 33, observing price reactions in these zones to scalp for short-term sell opportunities. Conversely, if prices retrace below these levels and rebound, monitor zones (10-08) for potential buy entries. As today marks the beginning of the Christmas holiday, market movements are expected to be narrow and slow, with price ranges likely between 10-15 points. Careful placement of orders at optimal levels is advised. + SELL ZONE: 2632 - 2634 Stop Loss (SL): 2638 Take Profit (TP): 2620 - 2614 + BUY ZONE: 2603 - 2601 Stop Loss (SL): 2596 Take Profit (TP): 2610 - 2614
OANDA:XAUUSDLong
by KevinNguyen-SimpleTrade
#XAU Waiting for the adjustment rhythm, the deep drop of Gold.Market analysis for Gold (XAUUSD) on November 20, 2024: Yesterday, the gold price continued to recover after the previous adjustment. However, when it reached the resistance zone of 2640, the price reacted by nearly 20 points, indicating that sellers have emerged in this area. Today's trading trend: SELL. Key price levels to watch: 🔴SELL zone: 2648 - 2653, 2662 - 2667. 🔴BUY zone: 2623 - 2627, 2611 - 2616, and 2598 - 2603. Recommended orders: Plan 1: SELL XAUUSD zone 2651 - 2653 SL 2656 TP 2648 - 2640 - 2620 - 2600 - open. Plan 2: SELL XAUUSD zone 2661-2663 SL 2667 TP 2658 - 2650 - 2640 - 2600 - open. Plan 3: BUY XAUUSD zone 2601 - 2603 SL 2598 TP 2606 - 2615 - 2620 - 2630.
TVC:GOLD
by ifjugapt
After the adjustment is completed, the recovery process begins.Market analysis for XAUUSD trading on November 18, 2024: Last week's trading session saw a significant correction in gold prices. However, by the end of last week, selling pressure weakened and buying interest re-emerged. It is highly likely that gold prices will begin to recover this week. Today's trading trend: BUY. Key price levels to watch: BUY zone: 2535 - 3540, 2551 - 2556, and 2525 - 2530. SELL zone: 2595 - 2600 and 2615 - 2620. Recommended orders: Plan 1: BUY XAUUSD zone 2556 - 2558 SL 2653 TP 2561 - 2670 - 2580 - 2600. Plan 2: BUY XAUUSD zone 2539 - 2541 SL 2536 TP 2544 - 2550 - 2560 - 2580 - 2600. Plan 3: SELL XAUUSD zone 2595 - 2597 SL 2600 TP 2592 - 2580 - 2570 - 2560.
TVC:GOLD
by ifjugapt
#XAUUSD/H4 Gold is bottoming out or continuing to adjust?Market outlook for the European-American trading session on November 15, 2024: The price correction of gold has been weakening, possibly forming a bottom. However, it is advisable to be patient and wait for lower price levels to find a good entry point. Today's trading trend: BUY. Key price levels to pay attention to: 🔴BUY zone: 2550 - 2555, 2535 - 2540, and 2515 - 2520. 🔴SELL zone: 2572 - 2577, 2585 - 2590, and 2609 - 2614. Recommended orders: Plan 1: BUY XAUUSD zone 2551 - 2553 SL 2548 TP 2556 - 2565 - 2575 - 2590. Plan 2: BUY XAUUSD zone 2538 - 2540 SL 2535 TP 2543 - 2550 - 2570 - 2590. Plan 3: SELL XAUUSD zone 2588 - 2590 SL 2593 TP 2585 - 2575 - 2565 - 2560.
TVC:GOLD
by ifjugapt
#XAUUSD/Deep adjustment rhythm. Expecting the milestone of 2600.Market analysis for XAUUSD trading on November 11, 2024: After President Donald Trump's re-election, gold prices have cooled down. The moves and policies that Trump implements could have a significant impact on gold prices. There is a very high likelihood that this adjustment phase will continue. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2695 - 2700, 2710 - 2715, and 2730 - 2735. BUY zone: 2662 - 2667, 2650 - 2655, and 2635 - 2640. Recommended orders: Plan 1: SELL XAUUSD zone 2698 - 2700 SL 2703 TP 2695 - 2685 - 2675 - 2650. Plan 2: SELL XAUUSD zone 2713 - 2715 SL 2718 TP 2710 - 2700 - 2680 - 2650. Plan 3: BUY XAUUSD zone 2636 - 2638 SL 2633 TP 2641 - 2650 - 2660 - 2680.
TVC:GOLD
by ifjugapt
#XAUUSDContinue to increase or maintain the adjustment momentum.Market analysis for XAUUSD trading on November 8, 2024: The trading session on Thursday rebounded strongly after a previous drop of 100 points. However, the possibility of gold prices still adjusting downward remains as Mr. Donald Trump is elected and implements new policies. The USD may rise significantly, putting pressure on gold prices to decrease. Today's trading trend: BUY scalp (hold SELL). Key price levels to watch: SELL zone: 2718 - 2725 and 2743 - 2748. BUY zone: 2676 - 2681, 2664 - 2669, and 2632 - 2637. Recommended orders: Plan 1: SELL XAUUSD zone 2723 - 2725 SL 2728 TP 2720 - 2710 - 2700 - 2680 - 2640 Plan 2: SELL XAUUSD zone 2743 - 2745 SL 2748 TP 2740 - 2730 - 2700 - 2640. Plan 3: BUY XAUUSD zone 2635 - 2637 SL 2632 TP 2640 - 2650 - 2660 - 2670.
TVC:GOLD
by ifjugapt
#XAUUSD/H4 Gold cools down, risks and opportunities.Market analysis for XAUUSD gold trading on November 4, 2024: At the end of last week's trading session, the gold price closed at 2735. This confirms the price adjustment trend of gold. It is likely that this adjustment will not be as deep as the previous one. Today's trading trend: SELL. Key price levels to pay attention to: SELL zone: 2750 - 2755, 2765 - 2770, and 2780 - 2785. BUY zone: 2725 - 2730, 2715 - 2720, and 2702 - 2707. Recommended orders: Plan 1: SELL XAUUSD zone 2755 - 2757 SL 2760 TP 2752 - 2745 - 2730 - 2720. Plan 2: SELL XAUUSD zone 2765 - 2767 SL 2770 TP 2762 - 2755 - 2740 - 2720. Plan 3: BUY XAUUSD zone 2717 - 2719 SL 2714 TP 2722 - 2730 - 2740 - 2750.
TVC:GOLD
by ifjugapt
#H4/Gold continues to adjust, waiting for opportunities to hunt.Market analysis for XAUUSD trading on October 28, 2024: After closing last Friday at a price of 2747, the Asian session today opened with a downward GAP that has not yet been filled. This GAP indicates a short-term profit-taking by the BUY side, showing that buying pressure for gold has decreased and a SELL side has emerged in this area. However, today marks the opening of the weekly candle and the monthly candle will close this week, so everyone should pay attention to the adjustment of the upper wick in the monthly timeframe. Today's trading trend: BUY scalp. Key price levels to watch: BUY zone: 2718 - 2723 and 2699 - 2704. SELL zone: 2738 - 2743 and 2751 - 2756. Recommended orders: Plan 1: BUY XAUUSD zone 2718 - 2720 SL 2715 TP 2723 - 2730 - 2735 - 2750. Plan 2: BUY XAUUSD zone 2702 - 2704 SL 2699 TP 2707 - 2715 - 2725 - 2745. Plan 3: SELL XAUUSD zone 2753 - 2755 SL 2758 TP 2750 - 2740 - 2730 - 2720.
TVC:GOLD
by ifjugapt
1
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 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
FX:XAUUSDShort
by tradergyan01
XAUUSD SHOWING A GOOD BULLISH MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD BULLISH 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
FX:XAUUSDLong
by tradergyan01
3
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD GOLD SHOWING A GOOD UP 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
FX:XAUUSDLong
by tradergyan01
1
GOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD GOLD 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
ICMARKETS:XAUUSDLong
by tradergyan01
11
GOLD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:6 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
FX:XAUUSDLong
by tradergyan01
#XAU Large sideways amplitude, accumulating for an upward cycle.Trading trend analysis for September 12, 2024: As noted on September 11, 2024, gold prices have yet to break the resistance level of 2527 - 2531, and prices continue to move sideways within the H4 timeframe. Currently, this sideways range is quite broad: 2483 - 2531. However, the D and W timeframes indicate that this is a bullish accumulation phase. Today's trading trend: SELL. Key price levels to watch: SELL zone: 2519 - 2524 and 2527 - 2531. BUY zone: 2508 - 2511, 2500 - 2505, and 2490 - 2495. Recommended orders: Plan 1: SELL XAUUSD zone 2519 - 2521 SL 2524 TP 2516 - 2510 - 2500 - 2495. Plan 2: SELL XAUUSD zone 2527 - 2529 SL 2532 TP 2524 - 2515 - 2505 - 2495. Plan 3: BUY XAUUSD zone 2493 - 2495 SL 2490 TP 2500 - 2510 - 2520 - 2525.
OANDA:XAUUSDShort
by oakpotshy
#XAUUSD/H1 Strong increase or continued adjustment?Analysis of the XAUUSD gold trading trend for the European-American session on September 6, 2024: Currently, the gold price is in a sideways range of 2500 - 2530, and the trading trend will be determined once this range is broken. However, in the long term, the gold price is still in an upward trend. This could be an accumulation zone aiming for a price of 2700 by the end of 2024 and early 2025. If the area of 2526 - 2531 is broken, the price will create a new peak in the range of 2548 - 2552, or even 2563 - 2567; if it does not break, the price may adjust down to the range of 2499 - 2504 or 2490 - 2495. Today's trading trend: BUY. Recommended orders: Plan 1: BUY XAUUSD zone 2501 - 2503 SL 2498 TP 2506 - 2512 - 2520 - 2565. Plan 2: BUY XAUUSD zone 2490 - 2493 SL 2488 TP 2498 - 2505 - 2515 - 2565. Plan 3: SELL XAUUSD zone 2527 - 2529 SL 2532 TP 2522 - 2515 - 2510 - 2500. Wishing you successful trading😘😘😘😘😘
OANDA:XAUUSDShort
by oakpotshy
#XAUUSD/H1 Adjust down or continue to move sideways?Gold XAUUSD trend analysis for September 3, 2024: The gold price on September 2, 2024, did not break the previous sideways range. Currently, short-term investor confidence mostly predicts a deep correction towards the 243x - 244x area, followed by a continuation of the long-term upward trend. If the 248x area is broken, this correction will be officially confirmed. The PMI news tonight will determine whether there will be a downward adjustment. Today's trading trend: SELL and wait to hold BUY at lower price levels. Key price areas to pay attention to: SELL ZONE: 2503 - 2508, 2517 - 2522, 2527 - 2531. BUY ZONE: 2477 - 2482, 2460 - 2465, 2440 - 2444. Recommended orders: Plan 1: SELL XAUUSD zone 2503 - 2505 SL 2509 TP 2500 - 2495 - 2480 - 2440. Plan 2: SELL XAUUSD zone 2517 - 2519 SL 2523 TP 2512 - 2500 - 2490 - 2440. Plan 3: BUY XAUUSD zone 2440 - 2443 SL 2437 TP 2450 - 2480 - 2520 - 2565.
OANDA:XAUUSDShort
by oakpotshy
#XAUUSD/H1 Weekend trading trends. Opportunities and risks ?Forecast for 8/23/2024: Gold is expected to continue its correction, with a high likelihood of further adjustment. Frame D has shown a reversal, presenting an opportunity for short selling and preparing for a strong rise after the completion of gold's momentum. The trading trend for today is SELL. Key price levels to watch: SELL zones: 2497 - 2500 and 2508 - 2511. BUY zones: 2473 - 2476 and 2450 - 2454. Recommended orders: Plan 1: SELL XAUUSD zone 2497 - 2499 SL 2503 TP 2494 - 2485 - 2475 - 2450. Plan 2: SELL XAUUSD zone 2509 - 2511 SL 2515 TP 2500 - 2490 - 2480 - 2450. Plan 3: BUY XAUUSD zone 2473 - 2475 SL 2469 TP 2480 - 2490 - 2495.
OANDA:XAUUSDShort
by oakpotshy