Futures market
Gold Trading Strategy 22nd November 2024Gold Trading Strategy
Current Price: 2669.140
Buy Above 2674
Action: Wait for a one-hour candle to close above 2674.
Target 1: 2685
Target 2: 2698
Stop Loss: 2660
Rationale: This level acts as a breakout point, suggesting bullish momentum if surpassed.
Sell Below 2647
Action: Wait for a one-h
Looking for trade setup on Gold. Have a look at this. XAU/USD.XAU/USD on daily timeframe has switched from bullish to bearish but it’s still Bullish on weekly. We will take about weekly later but daily chart itself is speaking a lot of things.
We marked the market structure and it can be seen that there are multiple Orderblocks and Fvg that are pending and ha
Gold : The fundamental context and goals have both changedOANDA:XAUUSD The breakout of the local downtrend channel has disadvantaged sellers. The fundamental background is changing, despite continued USD buying and the prevailing risk-off environment, which overall favors gold as a safe-haven asset during times of crisis.
The stronger USD, supported by t
Xauusd SMC Levels for 21-11-24 #Goldsetup # thezenmaster forexPlay between 2670 and 2650,
Sell level 1 - 2670
Sell level 2 - 2677
Buy level 1 - 2656
Buy level 2 - 2650
stay bullish
short only for scalp
Use SL
Cheers!!
Short on silver1.5 RR for this trade. Let's see It gives our target or takes out my SL. This is 30 Min tf trade!
Gold Prices Recover, Awaiting a Breakout at 2706.275Gold prices rose during Asian trading on Thursday as escalating tensions between Russia and Ukraine boosted demand for safe-haven assets, helping gold maintain its upward momentum despite the strength of the USD.
XAUUSD is showing a strong recovery from the key support level of 2649.094 and is now
Gold Prices Rise Steadily, Testing the 2,658 USD/oz LevelGold prices increased for the third consecutive session, reaching a one-week high of 2,647.43 USD/oz on November 20, supported by its role as a safe-haven asset amid escalating tensions between Russia and Ukraine. However, the rally was capped by a recovering USD, making gold more expensive for inte
GOLD SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGOLD 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 p
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