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CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)CFDs on Gold (US$ / OZ)

CFDs on Gold (US$ / OZ)

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GOLD trade ideas

Gold is under pressure on Intra dayGold price is still in range ,The US Dollar Index gains ground as early exit polls increase volatility and seems like that the rise in DXY adding pressure on gold , Gold price is hovering over to Gann -90° Level (2737) from the beginning of the week. In higher side the weekly Pivot (2750) is acting as resistance and under this level price can make a move in down side. In down side we have to watch price action at Gann -120° Level (2720) , weekly Pivot 2710 and 2700 for possible buy opportunities (On confirmation on Higher time frame). For Intra day selling seems to be good as of now.
OANDA:XAUUSDShort
by TheGoldenCircle
GOLD ANALYSIS 6TH NOVGold Technical Analysis Update Gold has recently tested and reacted to a significant demand zone, with price action closing below the previous support, now acting as resistance. This breakdown is supported by clear confirmations on both the 4-hour and 1-hour time frames, where price has decisively closed and held below the support level. Given this setup, there’s potential for a continuation to the downside, possibly reaching the swing low as price seeks liquidity by targeting buyer stop-losses. This setup offers a favorable opportunity for a short position, with a target near the swing lows. Trade Idea: Position: Short Target: Swing lows Confirmation: Ensure clear price action confirmation before entry. Follow for more refined trade setups and insights. Remember, trade with a strategy and manage risk carefully.
OANDA:XAUUSDShort
by priceactiongold1
2735$ still a strong support zone.below 2735 expect a downfall.If Donald Trump were to win the U.S. election, the potential impact on gold prices could unfold through several channels: Market Volatility: Trump's policies, especially regarding trade and foreign relations, have historically introduced volatility to the markets. This unpredictability can drive demand for gold as a safe-haven asset. Dollar Strength: Under Trump's administration, a focus on trade protectionism and "America First" policies led to fluctuations in the dollar. A weaker dollar typically supports gold prices, as gold becomes cheaper for buyers using other currencies. Inflation Expectations: Trump's emphasis on fiscal spending, especially on infrastructure and tax cuts, could heighten inflation concerns if reintroduced. Rising inflation expectations often drive up gold prices as investors seek a hedge. Interest Rates and Federal Reserve Policies: Trump previously supported low interest rates, which can benefit gold by making it more attractive compared to interest-bearing assets. A sell zone on GOLD is visible below 2735.
FX_IDC:XAUUSDShort
by XAUUSDANALYST
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
OANDA:XAUUSDShort
by okako_trading
#XAUUSD/H4 The big wave in the U.S. presidential election.Market analysis for XAUUSD trading during the European and American sessions: The price adjustment of gold is still ongoing; however, it has not yet broken through the sideways range of 2730 - 2750. If the price breaks below 2730, it will officially undergo a significant correction. The news regarding the Presidential and Congressional elections in the U.S. will have a strong impact on the market. Today's trading trend: SELL. Key price levels to note: SELL zone: 2740 - 2745, 2750 - 2755, and 2760 - 2765. BUY zone: 2715 - 2720, 2703 - 2708, and 2680 - 2685. Recommended orders: Plan 1: SELL XAUUSD zone 2743 - 2745 SL 2748 TP 2740 - 2730 - 2720 - 2685 Plan 2: SELL XAUUSD zone 2753 - 2755 SL 2758 TP 2750 - 2740 - 2730 - 2720. Plan 3: BUY XAUUSD zone 2706 - 2708 SL 2703 TP 2711 - 2720 - 2725 - 2730.
TVC:GOLD
by ifjugapt
Gold levels for Trading Day 5th November 2024Gold Trading Strategy: Buy Above 2,744 / Sell Below 2,723 Current Price: 2,733.00 USD Key Levels: Buy Signal: If the price closes above 2,744 on the one-hour candle, it indicates a potential upward trend, suggesting a good time to consider buying. Sell Signal: If the price closes below 2,723 on the one-hour candle, it suggests a potential downward trend, indicating it might be a good time to consider selling. Market Analysis: The current price is hovering around 2,733.00 USD, just above the sell signal level. The market is showing signs of bearish momentum, but it's important to monitor the price closely, especially around the 2,4200 to 2,4250 levels, which could act as support. Recommendations: Buy: If the price sustains above 2,744 on the one-hour candle close, consider entering long positions with targets at 2,760 and 2,780. Sell: If the price breaks below 2,723 on the one-hour candle close, consider short positions with targets at 2,700 and 2,680. Disclaimer: This is only for educational purposes. You may do your own analysis before taking any trading decisions.
OANDA:XAUUSD
by ramkkyy
HOW PRICE REACTS TO DEMAND liquidity zones play a crucial role in shaping market moves. When price hits a demand or supply zone, it's often just the beginning of a liquidity hunt. We frequently see price spiking to these areas to “sweep” liquidity—essentially taking out stop losses and trapping both buyers and sellers who enter too early. Typically, the market likes to form structures such as double bottoms or double tops, which attract breakout traders. But more often than not, price reverses unexpectedly after these formations, trapping breakout traders on the wrong side. After these liquidity sweeps, the market gathers the fuel it needs to move with purpose, often correcting imbalances left behind from rapid moves. This collected liquidity enables a strong, healthier momentum in either direction. So, patience is key—waiting for confirmation of liquidity grabs at resistance or support zones gives a stronger signal and often provides safer entry points.
OANDA:XAUUSDEducation
by priceactiongold1
4
GOLD ANALYSIS FOR 5TH NOV <ELECTION PREDICTION>Gold Technical Analysis Update At the moment, gold is hovering around a key order block area, showing some attempts to hold this level. We've seen price action break highs but with significant retracements, often pulling all the way back to previous swing lows. However, notably, these retracements aren't resulting in any candle closures below these lows, which could imply sustained support. For potential longs, a break above the minor resistance could open up some upside opportunities. However, keep in mind the target here is limited, likely reaching only the recent swing high. For shorts, we would need a decisive break and retracement below the major order block to confidently enter. My suggestion? Wait for a solid break of the swing highs before considering longs to reduce risk exposure. US Elections and Market Volatility With the U.S. elections in play, the market is set to become highly volatile. This environment is ideal for stop-loss hunting, with rapid buying and selling likely on both sides of the market. My advice? Today might be a day to stay out and watch the action from the sidelines. The market could swing unexpectedly, so protect your capital by avoiding any trades. If you found this analysis helpful, make sure to like, follow, and comment for more trading insights!
OANDA:XAUUSD
by priceactiongold1
REASON I DONT LIKE SL ENTRY CONCEPTTrade Analysis on Higher Time Frames and Entry Execution: Starting from a higher time frame, we identified a significant order block, indicating a potential area for price reaction. Moving down to the 15-minute time frame, we observed that price was struggling to break its recent high, signaling potential resistance at that level. After the high was eventually broken, we held back, waiting for either a retracement or for price to fill any imbalances created in the process. Once these conditions were met, I identified a strong entry signal with a bullish engulfing candle, complemented by a break of recent highs on a smaller time frame. Confident in the setup, I entered the trade. Price quickly moved towards my take profit, so I decided to secure the trade by moving my stop-loss (SL) to the entry point. However, as often happens, price pulled back, hitting my SL at entry before moving back in my favor to hit the original take profit (TP) target. This example shows the drawbacks of using trailing stops or moving SL to entry, particularly in scenarios where price is volatile or experiences quick pullbacks. For me, setting a predefined SL and TP without adjustments tends to yield the best results, reducing the risk of being stopped out prematurely in strong setups.
OANDA:XAUUSDLong
by priceactiongold1
GOLD SL LEARNING 4TH NOVIn our recent trade, we observed gold holding below a key order block while consistently forming lower lows, unable to break previous highs. This behavior often signals potential for a buyer trap. Based on our strategy, we noted two critical indicators of a trap: Double Bottom Pattern: When gold forms a double bottom near the lows, it’s often an 80% probability trap for buyers, encouraging premature long positions. Trendline Breakouts: A breakout without breaching highs can also act as a setup to lure buyers, especially when price aligns with an order block. Trade Execution Plan price was at order block , our plan was to enter short once gold broke the recent lows, expecting the setup to confirm the downward momentum and trap buyers who anticipated a reversal. We had solid confirmation across the 1, 3, and 5-minute time frames. However, after entry, a bullish engulfing candle formed on the 15-minute chart, pushing price into sideways movement and eventually hitting our stop-loss. Market Context & Takeaways In volatile markets, it’s challenging to wait for higher time-frame confirmations as the market moves quickly, demanding timely risk-taking. Losses are part of the process, and our strategy remains sound with consistent results. In the last 7 days, I’ve recorded only 2 stop-losses, with all other trades hitting take-profit targets. For more insights, follow for updates on trading lessons and setups.
OANDA:XAUUSDShort
by priceactiongold1
GOLD ANALYSIS 4TH NOVStructure & Retracement: Price has broken structure and retraced back below. A minor order block is acting as support. Short Setup: If price breaks this order block, retests it, and the lows start breaking on a short time frame, consider shorts. Watch for signs of trapped sellers with wicks below the order block. Long Setup: If price creates higher highs with an engulfing candle on a lower time frame, you can look for longs, targeting the upper liquidity zones. Key Candle Analysis: Monitor the 15-minute candle closely to gauge strength. Aim to minimize your stop loss as much as possible. Please like, comment, and follow
OANDA:XAUUSD
by priceactiongold1