Get started

Xauusdupdates

GOLD - RETESTING SUPPORT BEFORE THE NEXT CLIMBSymbol - XAUUSD CMP - 3327 Gold continues to strengthen, supported by a complex and evolving fundamental landscape. A false breakdown below the 3285 support level has facilitated a move to a new local high at 3365 Despite a weaker US dollar, gold experienced a modest pullback from the 3365 high amid subdued market activity caused by US market holiday. Investor sentiment reflects profit-taking ahead of key US inflation data releases. Additional downward pressure is linked to optimism surrounding a potential trade agreement between the United States, Europe and Japan. Nonetheless, the decline in gold prices remains limited, as safe-haven demand persists in response to ongoing geopolitical tensions, US fiscal concerns, and instability in the Middle East. Support levels: 3321, 3308, 3300 Resistance levels: 3363 From a technical perspective, gold appears to be executing a false breakout above consolidation resistance and is entering a corrective phase. During this correction, the price may target liquidity zones in the 3320-3303 range before resuming its upward trajectory.
OANDA:XAUUSDLong
by akshit_official
XAU/USD Technical Analysis: Major Levels, Market Structure, and 🔍 XAU/USD Technical Analysis: Major Levels, Market Structure, and Trade Ideas In this detailed analysis of XAU/USD, we highlight key supply and demand zones, dynamic trendlines, and the interplay of structural shifts to help traders navigate the current price action effectively. 🔴 Key Supply Zone (Week & Day A+ Selling Area) Location: Above 3,320- 3,330 Significance: This red zone has historically acted as a strong resistance area. Price has failed multiple times to break above it convincingly, suggesting institutional selling pressure. Implication: Any revisit to this zone could trigger bearish rejection, making it a key level for short setups. 🟢 Major Demand Zone (Week & Day A+ Buying Area) Location: 3,230–3,260 region Significance: This green zone has consistently provided support for price, as shown by multiple bounces from it. It suggests strong buying interest from institutions or large market participants. Implication: Traders can watch for bullish price action in this area to confirm potential long opportunities. 📈 Dynamic Trendlines 🔵 4H Down-to-Up Trend Line: This ascending trendline, drawn from major swing lows, suggests that the broader 4H market structure remains bullish. Use: Acts as dynamic support for possible bounces. 🔴 4H Up-to-Down Trend Line: This descending trendline captures the bearish structure in the 4H timeframe, connecting the lower highs and indicating ongoing selling pressure. Use: Functions as a dynamic resistance area. ✅ 15M Change of Character (CHoCH) This micro timeframe level marks a shift in sentiment from bearish to bullish, providing early confirmation for potential reversals or continuation plays. Use: Intraday traders can utilize this for short-term entries in line with the broader bias. 🔻 Monthly Low Level Location: Around 3,120 Significance: This level marks the lowest point in the recent monthly cycle and serves as a crucial support area for the broader trend. Implication: A break below this level would suggest further downside potential. 💡 Trade Scenarios 1️⃣ Bullish Scenario If price retests the Week & Day A+ Buying Area (3,240–3,260) and forms bullish confirmation (like a bullish engulfing candle or 15M CHoCH shift), a long trade could be initiated. Potential Targets: 4H descending trendline near 3,300 Week & Day A+ Selling Area above 3,320 2️⃣ Bearish Scenario If price reaches the 4H descending trendline or the selling zone above 3,320 and forms bearish rejection, shorts can be considered. A break below the 4H ascending trendline and the demand zone would open the door for deeper downside, with the ultimate target at the Month Low near 3,120. 📝 Conclusion XAU/USD is consolidating within a crucial range, balancing supply and demand forces. The dual-trendline structure signals a potential breakout in the coming sessions. Short-term traders can leverage the 15M CHoCH for early entries, while swing traders should focus on the interplay between the higher timeframe zones and trendlines. 📌 Reminder: Always wait for confirmation before entering trades and manage risk according to your trading plan. 🔔 Follow for updates! Let me know if you have any questions or want to discuss your own analysis. Happy trading! 🚀✨
FX_IDC:XAUUSD
by TradeX_Live
3
Smart Trade Insight – XAU/USD Technical BreakdownKey Levels & Technical Zones: 🔹 Resistance Zone (🔼 SELL Area): 📌 3,315 – 3,340 This area has been tested and rejected multiple times, as highlighted by the strong bearish wicks. The recent price action failed to break above it, triggering short interest. 🔹 Minor Support Zone: 📌 Around 3,243 Acted as intraday bounce area previously, now likely to offer weak support in the coming move down. 🔹 Major Demand Zone (💚 BUY Interest Zone): 📌 3,120 – 3,140 Labelled as "BEST SUPPORT DEMANDING ZONE" – historical demand visible with strong bounce history. Ideal for monitoring bullish reversal opportunities. 📈 EMA Levels: 🔴 50 EMA: 3,299 🔵 200 EMA: 3,254 Current price action is hovering near the EMAs. The rejection at the resistance while below the 50 EMA indicates weakening bullish momentum. 🔍 Market Structure Overview: The double-top formation near the resistance shows exhaustion in buying. Lower highs forming → structure turning bearish short-term. Solid rejection confirms that this is a valid zone to initiate short positions 🛑📉. 📉 Forecast Path: 🔮 Projected Move: Price is expected to break below minor support at 3,243. Intermediate target: 3,206, then 3,167 🟠. Final destination: Demand Zone at 3,120 – 3,140 🟩 for potential bounce 📈. 💬 "Market not break the resistance level and rejected solid — this is a good entry for short-term sell trades." ✅ ✅ Trade Idea Summary: 🟥 Bias: Short 🎯 TP Targets: 3,206 → 3,167 → 3,122 📉 SL Suggestion: Above 3,340 resistance zone 🧭 Risk-Reward Setup: Favorable for short-term traders Key Levels & Technical Zones: 🔹 Resistance Zone (🔼 SELL Area): 📌 3,315 – 3,340 This area has been tested and rejected multiple times, as highlighted by the strong bearish wicks. The recent price action failed to break above it, triggering short interest. 🔹 Minor Support Zone: 📌 Around 3,243 Acted as intraday bounce area previously, now likely to offer weak support in the coming move down. 🔹 Major Demand Zone (💚 BUY Interest Zone): 📌 3,120 – 3,140 Labelled as "BEST SUPPORT DEMANDING ZONE" – historical demand visible with strong bounce history. Ideal for monitoring bullish reversal opportunities. 📈 EMA Levels: 🔴 50 EMA: 3,299 🔵 200 EMA: 3,254 Current price action is hovering near the EMAs. The rejection at the resistance while below the 50 EMA indicates weakening bullish momentum. 🔍 Market Structure Overview: The double-top formation near the resistance shows exhaustion in buying. Lower highs forming → structure turning bearish short-term. Solid rejection confirms that this is a valid zone to initiate short positions 🛑📉. 📉 Forecast Path: 🔮 Projected Move: Price is expected to break below minor support at 3,243. Intermediate target: 3,206, then 3,167 🟠. Final destination: Demand Zone at 3,120 – 3,140 🟩 for potential bounce 📈. 💬 "Market not break the resistance level and rejected solid — this is a good entry for short-term sell trades." ✅ ✅ Trade Idea Summary: 🟥 Bias: Short 🎯 TP Targets: 3,206 → 3,167 → 3,160 📉 SL Suggestion: Above 3,340 resistance zone 🧭 Risk-Reward Setup: Favorable for short-term traders
OANDA:XAUUSDShort
by MrStellanSight
Elliott Wave Analysis – XAUUSD Trading Plan – 28th May 2025 🔍 Current Wave Structure After a sharp drop yesterday, price has mildly recovered and is now consolidating around the 3314 zone. The correction has nearly reached the target of wave C (green). However, the current rebound is weak, marked by small, overlapping H1 candles — suggesting the bullish structure is not yet convincing. At this point, we’re tracking two main scenarios: ✅ Scenario 1 – Correction Completed Wave C seems complete, and price might be starting a new bullish trend. That said, the overlapping candles on H1 could also indicate the formation of a leading diagonal for wave 1. In this case, wave 2 is likely to be a strong retracement — typically forming as a zigzag or flat correction. 📌 Strategy: Wait for wave 2 to complete before looking for a better buy opportunity. 🌀 Scenario 2 – Correction Still in Progress If the price continues to move slowly or goes sideways, we could be in wave b of a double zigzag correction (wave Y). 🎯 Wave c within wave Y may target 3324. However, if price breaks below 3284 before hitting 3324, it would likely mean wave c has started, with an expected end near 3280–3274. 📈 Momentum Outlook D1: Momentum remains bearish ⇒ primary trend still points downward. H4: Momentum is currently rising ⇒ we may see a temporary recovery today. H1: Approaching oversold ⇒ if reversal signals appear, short-term buy setups may emerge. 🎯 Trade Plan for Today (28/05/2025) 🔹 Buy Scalp Entry: 3292 – 3289 SL: 3282 TP1: 3313 TP2: 3324 🔹 Buy Swing Entry: 3280 – 3277 SL: 3270 TP1: 3290 TP2: 3313 TP3: 3324 🕰️ Expected timing: From London session through New York close 🔸 Sell Zone Entry: 3324 – 3327 SL: 3334 TP1: 3313 TP2: 3290 TP3: 3280 🕰️ Ideal entry: If price hits resistance during US session or late London 📌 All scenarios will be updated as soon as wave 2 completes or if price clearly breaks below 3284. Be patient — let the market confirm before taking action.
OANDA:XAUUSDLong
by WavePoint_FX
1
Elliott Wave Analysis – XAUUSD Trading Plan – 27th May 2025 📊 Wave Structure – XAUUSD – H1 Timeframe Price is likely in a corrective phase — wave iv (orange) — after completing five internal green waves within wave iii. During this correction, we’ve seen an abc zigzag form, followed by an unclear upward bounce. This gives rise to two key scenarios: 🔸 Scenario 1: Wave iv is complete The abc pattern is finished, and price appears to be forming an initial triangle structure. We could currently be in wave 2. 👉 A breakout and H1 candle close above 3343 would confirm the start of a new uptrend. In this case, prefer buying on dips. 🔸 Scenario 2: Zigzag correction is still ongoing Wave X seems complete, and price may now be developing wave Y — either as another abc or triangle. 👉 This scenario gets confirmed if price breaks below the wave c (green) low at 3324. 🎯 Wave Y downside targets (based on Fibonacci + Volume Profile): • Target 1: 3317 • Target 2: 3290 🔍 Momentum Analysis D1 Momentum has already confirmed bearish → Downside pressure likely to persist through the week. H4 Momentum is currently rising → Price could see a short-term rally or sideways action today. H1 Momentum is nearing oversold → We wait for it to flip to overbought. If price fails to break 3349, there may be room for a scalp sell. However, if 3349 is broken, wave X could extend further — or it might mark the start of a new bullish leg. We’ll reassess accordingly. 📌 Trade Plan Buy Zone: 3317 – 3314 Stop Loss: 3307 Take Profit 1: 3334 Take Profit 2: 3373 ✅ Only execute if H1 momentum shifts bullish. ❗ If this zone breaks, next buy opportunity lies around 3290.
OANDA:XAUUSDLong
by WavePoint_FX
Elliott Wave Analysis – XAUUSD – Plan for May 27, 2025📊 Price is likely in the middle of a wave iv (orange) correction, following the completion of a 5-wave structure (green) that formed wave iii. During this correction, an ABC zigzag pattern has already formed. The recent upward move remains unclear, which opens up two possible scenarios: 🔸 Scenario 1 – Wave iv is completed The ABC structure looks complete. Price appears to be forming a leading diagonal, currently in wave 2. A confirmed breakout above 3343 with a candle close would validate a new bullish trend → favoring Buy entries in line with the larger trend. 🔸 Scenario 2 – Ongoing zigzag correction (double structure) Wave X has completed, and price may now be developing wave Y (either an ABC or triangle pattern). This scenario is confirmed if price breaks below wave c (green) at 3324. 🎯 Wave Y Target Zones (based on Fibonacci + Volume Profile): • Target 1: 3317 • Target 2: 3290 🔍 Momentum Outlook: • Daily (D1): Bearish momentum confirmed → downside likely to dominate into the end of the week • H4: Momentum rising → short-term bounce or consolidation expected today • H1: Near oversold → watch for bullish reversal. If price fails to break above 3349, scalp shorts may be considered. However, a break above 3349 could mean wave X continues as an extended ABC, or a new bullish trend has started — to be updated accordingly. 📌 Trading Plan: Buy Zone: 3317 – 3314 Stop Loss: 3307 Take Profit 1: 3334 Take Profit 2: 3373 ✅ Only enter on H1 bullish momentum reversal ❗ If this zone fails, watch for the next Buy opportunity near 3290
OANDA:XAUUSDLong
by WavePoint_FX
XAUUSD/GOLD 4H BUY PROJECTION 25.05.25🟢 Overall Bias: BUY Projection The chart suggests a bullish outlook, predicting that gold will rise significantly after a breakout and retest pattern. 🔍 Key Technical Elements: Trendlines: 4H Downtrendline: This was a significant resistance trendline that has now been broken. 4H Uptrendline: Indicates a recent shift to bullish momentum. Support & Resistance Zones: Support S1: A solid demand zone around 3,275–3,300 USD. Immediate Support: Zone around 3,325 USD. Resistance R1, R2, and R3: Key resistance levels. R1: ~3,375 USD R2: ~3,425 USD R3 & ATH (All-Time High): ~3,500+ USD Breakout Confirmation: The price broke above the 4H Downtrendline and Resistance, and then retested that area successfully, confirming it as new support (highlighted by the box labeled "BREAKER RESISTANCE RETESTED AND BROKE TRENDLINE"). Change of Character: Marked in the zone labeled "CHANGE OF CHARACTER APPEARED HERE", indicating a shift from bearish to bullish market structure. 📈 Price Projection: The price is projected to move upwards through multiple resistance zones, eventually targeting the 3,500 USD+ region. Arrows indicate a bullish path with minor pullbacks, moving towards: Resistance R1 → Resistance R2 → Resistance R3 (ATH). 🟥🟩 Risk Management: Stop-Loss Zone (Red Area): Below 3,300 USD – in case the breakout fails and the price re-enters the downtrend. Target Zone (Green Area): Extends to 3,500+ USD – aligning with historical highs.
OANDA:XAUUSDLong
by kripsonfx97
2
Elliott Wave Analysis – Plan XAUUSD 23/5/2025At the moment, we’re monitoring two possible wave scenarios: 🔸 Scenario 1 – ABC Correction Completed The bullish move from the 3123 zone to the current price may have formed a completed ABC corrective structure (labeled on the top-left of the chart). If this scenario is correct, the correction has ended and the market is now entering a new 5-wave bearish impulse. Within this structure: • Wave 1 is already completed • Price is currently retracing as Wave 2 This view is supported by the strong reaction around the 3247 zone. 📍 Ideal target for Wave 2: around 3325 🔸 Scenario 2 – Bullish 5-Wave Structure in Progress A potential impulsive structure with waves 1-2-3-4-5 is currently labeled on the chart. In this count: • Wave 3 (yellow) has completed • The market is now in Wave 4 (yellow) Wave 4 appears to be unfolding as an A-B-C corrective pattern: • Wave A has completed • Price is now forming Wave B (black) ✅ This scenario requires a daily close above 3247 for confirmation. 📍 Target for Wave B: also near 3325 🔎 Momentum Analysis • Daily (D1): Overbought – the uptrend is weakening → likely a larger corrective move ahead • H4: Momentum rising → favors a short-term bullish bounce • H1: Momentum just flipped bullish → current rally may extend further 📌 Trade Plan (for both scenarios): SELL ZONE: 3325 – 3328 Stop Loss: 3335 Take Profit 1: 3279 Take Profit 2: 3247 📈 Wait for price action around the 3325 zone to confirm which scenario plays out.
OANDA:XAUUSDShort
by WavePoint_FX
GOLD - EXPECTING A PULLBACK BEFORE RESUMING UPTRENDSymbol - XAUUSD Gold is breaking out of its descending price channel and approaching the key area of interest at 3346. A potential false breakout above resistance could prompt a short-term correction before the upward trend resumes. Gold is advancing for the third consecutive session, trading above the 3300 level, supported by a weakening US dollar and escalating geopolitical tensions. Investor demand for safe-haven assets is increasing amid concerns surrounding US fiscal policy, ongoing trade frictions with China, and the possibility of a military strike by Israel on Iran. Additional support for gold stems from market expectations of a Federal Reserve rate cut and diminished outlook for the dollar. From a technical standpoint, the price is approaching a significant order block and resistance zone between 3345-3360. Since the session opened, the upward momentum appears to have reached its limit, suggesting that a retest of this key level could result in a false breakout and subsequent pullback. Nonetheless, given the prevailing macroeconomic conditions, any corrective move may be temporary, with the broader bullish trend likely to persist thereafter. Resistance levels: 3346, 3360, 3409 Support levels: 3288, 3265, 3245 Gold has re-entered the buy zone. However, the fundamental backdrop remains volatile. A reduction in economic risks could prompt renewed downward pressure. At present, attention is centered on the 3346–3360 range, where a false breakout remains a probable scenario, potentially preceding further gains.
OANDA:XAUUSDLong
by akshit_official
4
GOLD - SHORT SQUEEZE BEFORE THE DROP?Symbol - XAUUSD CMP - 3247 Gold is currently undergoing a phase of consolidation. The market lacks a decisive catalyst, and given the prevailing uncertainty in the macroeconomic landscape, traders have largely adopted a cautious, wait and watch approach. This period of consolidation may give way to a sharp movement at any time but the direction remains uncertain. Investors are closely monitoring signals from the Federal Reserve and ongoing trade negotiations. The US dollar continues to exert downward pressure on gold amid anticipation of trade talks involving China, India, South Korea, and Japan along with recent statements from the Federal Reserve. Previously, gold received support from a weaker dollar following Moody’s downgrade of the US credit rating. However, rising risk appetite and optimism surrounding potential peace talks between Russia and Ukraine have reduced safe-haven demand for gold. Key market drivers namely, Fed commentary and international negotiations will remain crucial in shaping the future trajectory of both the dollar and gold prices. From a technical perspective, the price remains within a downtrend and is currently in consolidation. A breakout from this range could be accompanied by significant momentum. However, my view is that any movement against the prevailing trend is unlikely to be sustained. A retest of resistance may result in a renewed decline. Key Resistance Levels: 3257, 3265 Key Support Levels: 3204, 3153 Within the broader bearish trend, the most probable scenario is a short squeeze followed by a downside breakout from the consolidation triangle. As fundamental pressures and economic risks gradually ease, gold may continue to lose value. A false breakout in the 3250-3265 zone could potentially trigger a continuation of the downward trend toward the 3150-3120 zone.
OANDA:XAUUSDShort
by akshit_official
1
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 - RETEST OF TREND RESISTANCE BEFORE POTENTIAL DECLINESymbol - XAUUSD CMP - 3246 Gold is staging a modest recovery amid ongoing market uncertainty. However, a significant resistance zone lies ahead, which could limit further upside and potentially initiate a reversal. Since the session's open, prices have rebounded slightly following a week-long decline. The current upward momentum is constrained by mixed market signals: on one hand, pressure on the US dollar and Moody’s downgrade of the US credit rating are providing support for gold. On the other hand, elevated bond yields and prospects of new US trade agreements are capping gains. Market participants are closely watching upcoming Federal Reserve commentary and tracking developments in US trade negotiations with key global partners. In an environment marked by concerns over fiscal stability and weaker economic indicators, gold may maintain a positive bias. However, the emergence of favorable trade news could shift sentiment and lead to renewed downward pressure. Key Resistance levels: 3257, 3265 Key Support levels: 3204, 3153 A failed breakout above the identified resistance range would signal a lack of upward momentum. Should the price consolidate below the 3257 level following a false breakout of the 3257-3265 zone, it may trigger a reversal and drive the market toward key support levels.
OANDA:XAUUSDShort
by akshit_official
3
XAUUSD/GOLD DAY SELL PROJECTION 16.05.25📉 Sell Setup Overview: Pattern Identified: 4H Evening Star — a bearish reversal pattern indicating potential downside. Trade Setup: Entry Zone: Around 3,219.970 Stop Loss: Above 3,235.984 Targets: TP1 (Take Profit 1): Around 3,170.000 (Golden Ratio 0.618 zone) TP2: Around 3,121.724 (near Support 2) Technical Zones: Breakdown + Retest zone highlighted in yellow (indicating confirmation of bearish reversal). Golden Ratio (0.618) support/fib zone — used as a significant level for TP1. Support 1 and Support 2 are drawn as potential price stalling or reversal zones.
OANDA:XAUUSDLong
by kripsonasir
2
GOLD - RESISTANCE RETEST BEFORE THE DROPSymbol - XAUUSD Gold is currently undergoing a corrective phase, retesting a significant resistance and liquidity zone within the broader context of a prevailing downtrend. The global trend appears to be approaching a critical juncture, potentially signaling a reversal. Ahead of the forthcoming US inflation report, gold prices have stabilized following a 3% decline, trading steadily around the 3250 level. This consolidation is occurring against a backdrop of a weaker US dollar. Market participants are awaiting the release of US Consumer Price Index (CPI) data, which is expected to provide clearer direction for both monetary policy expectations and asset flows. Support for gold prices is being derived from a combination of factors, including optimism surrounding the US-China trade dialogue, signs of easing geopolitical tensions, and profit-taking on long dollar positions. However, the market remains cautious, closely evaluating the potential implications of inflation data on Federal Reserve policy and the demand for safe-haven assets. Despite the current stabilization, skepticism persists regarding the sustainability of any upward momentum. Technical conditions suggest the possibility of a sharp reversal, with attention focused on key inflection points that could trigger renewed selling pressure. Key Resistance Levels: 3269, 3284 Key Support Levels: 3246, 3200, 3167 Should the CPI report fail to deliver any major surprises, a false breakout within the 3260-3270 resistance zone followed by price consolidation could serve as a catalyst for a decline toward the 3200-3150 range.
OANDA:XAUUSDShort
by akshit_official
1
GOLD - BEARISH FLAG OR BULLISH TREND REVERSAL?Symbol - XAUUSD CMP - 3238 Gold is emerging from a local corrective channel, commonly identified as a 'Flag' formation. Consolidation continues near the base of this potential reversal pattern, with market focus centered on the critical 3200 level. Gold is experiencing downward pressure amid renewed trade optimism and strength in the US dollar. Prices are retreating early Wednesday as market participants engage in profit-taking following a recent rebound from weekly lows. Although US inflation data came in below expectations, it failed to support earlier assumptions of imminent monetary easing. The Federal Reserve’s continued reluctance to initiate rate cuts is exerting additional pressure on the precious metal. Moreover, growing optimism surrounding potential trade agreements between the United States, China, the United Kingdom, and other nations-along with renewed hope for diplomatic progress in the Russia-Ukraine conflict is dampening gold’s appeal as a safe-haven asset. From a technical standpoint, the outlook remains bearish. The absence of a meaningful rebound from support suggests sustained selling pressure. A consolidation phase appears to be developing ahead of a potential test of the 3200 support level. Key Resistance Levels: 3243, 3257, 3269 Key Support Levels: 3222, 3200 Should price action continue to consolidate within the current local range and repeatedly test support in the 3222-3200 zone, further downside may be anticipated in the short to medium term. However, in consideration of common market maker tactics, a brief short squeeze targeting local resistance zones cannot be ruled out prior to any subsequent decline.
OANDA:XAUUSDShort
by akshit_official
2
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN 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:XAUUSDShort
by tradergyan01
3
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARD GOLD SHOWING A GOOD UP 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
FX:XAUUSDLong
by tradergyan01
2
XAU/USD Intraday Trade Signal**Date:** May 13, 2025 **Asset:** Gold (XAU/USD) **Trade Type:** Intraday Buy **Buy Zone:** 3240.00 - 3250.00 **Stop Loss:** 3207.00 (set below entry for risk management) **Take Profit Levels:** 1st TP: 3260.00 2nd TP: 3278.00 3rd TP: 3294.74 4th TP: 3317.63 5th TP: 3347.38 (near potential high) **Strategy:** Enter a buy position within the 3240.00–3250.00 range. Place stop loss at 3207.00 to limit downside risk. Target progressive take-profit levels, with the 5th TP at 3347.38 as a stretch goal near the daily high. Monitor price action closely and adjust trailing stops to lock in profits as targets are hit. Ensure risk-reward ratio aligns with your trading plan.
OANDA:XAUUSDLong
by NaviPips