XAUUSD_H4The price is on a descending channel and is moving towards the floor of the channel which is the goal of wave 3.
GOLDCFD trade ideas
XAUUSD holding buy from 2606 ,trail SL 2617 Target 2655,2671Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
PLAN GOLD 27/12Analysis of the Current Strategy (XAU/USD - Gold)
1. Price Levels:
• Resistance Zones:
• Around 2,649.986 and 2,653.504 (marked in the upper region).
• Support Levels:
• Immediate support near 2,626.863.
• Major support near 2,529.570 - 2,528.831.
2. Mitigation Block:
• A key mitigation block is identified slightly above 2,641.994.
• This suggests a potential supply zone where sellers may become active.
3. Chart Patterns:
• An ascending wedge pattern is forming, which indicates price consolidation and potential exhaustion.
• This pattern suggests that the price may experience a breakout or reversal soon, especially near resistance levels.
4. Volume Profile:
• Significant volume observed near 2,636.006 indicates heavy activity, possibly a key pivot zone.
• Volume decreases in higher price regions, showing reduced participation from buyers as the price approaches resistance.
5. Market Context:
• Bullish Momentum: Current price action indicates a gradual upward movement, retesting higher levels.
• However, resistance around 2,649.986 might act as a cap, leading to a potential pullback.
6. Trade Idea:
• Sell Scenario: Look for rejection signs or bearish candles near 2,649.986 or in the mitigation block. Targets could be around 2,626.863 or lower.
• Buy Scenario: If the price finds strong support near 2,626.863 with volume backing, a rebound towards 2,641.994 or higher could be viable.
7. Key Levels to Watch:
• Entry Zone: Near the mitigation block (2,641.994).
• Stop Loss: Above 2,653.504 for short trades.
• Take Profit: Around 2,626.863 for shorts or 2,649.986 for longs.
Gold Trading Strategy for 27th December 2024Gold Trading Strategy
Buy Scenario
Entry Point: Enter a Buy trade if the price of gold closes above the high of the 1-hour candle at 2641.
Upside Targets:
First Target: 2647
Second Target: 2653
Third Target: 2658
Stop Loss: Place a stop loss below the nearest support level or the low of the breakout candle to limit risk.
Sell Scenario
Entry Point: Enter a Sell trade if the price of gold closes below the low of the 1-hour candle at 2627.
Downside Targets:
First Target: 2620
Second Target: 2615
Third Target: 2609
Stop Loss: Place a stop loss above the nearest resistance level or the high of the breakout candle to limit risk.
Important Notes:
Ensure that you confirm the breakout with additional indicators, such as RSI, MACD, or Volume, to reduce the chances of false breakouts.
Consider the prevailing market sentiment and any upcoming economic news or events that could influence gold prices.
Disclaimer:
This trading strategy is provided for educational and informational purposes only. It does not constitute financial or investment advice. Trading in financial markets involves significant risk, and there is no guarantee of profit.
You may lose more than your initial investment.
Please ensure that you understand the risks involved and only trade with capital that you can afford to lose.
Before making any trading decisions, consult a qualified financial advisor or conduct your own research to align with your risk tolerance and financial goals.
Past performance is not indicative of future results.
XAUUSDAU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the ...
XAUUSD GOLD May fall down after completely profit booking in H1 GOLD will be played trend reset area which is 2637-2648 for-profit booking and their area might trap many buyers according to the higher time frame uptrend. you may sell on their area of rejection with the market maker trend down
Happy Newyear XAUUSD (GOLD)Gold will continue to trend sideways during the holidays. The expected target if increased will not exceed 2650 and decreased not less than 2600.
Key Zones:
Supply Zone:
Located between 2,629 and 2,634. This is a significant resistance area where selling pressure might occur, leading to a potential price reversal downward.
Demand Zones:
Demand M15: A smaller demand zone on the 15-minute timeframe, located between 2,611 and 2,612. This zone is expected to see a short-term price reaction upwards.
Demand H1: A stronger demand zone on the hourly timeframe, located between 2,604 and 2,608. This acts as a more robust support level if the price declines further.
FVG H1 (Fair Value Gap):
Positioned above the Supply Zone. This indicates an imbalance in liquidity on the H1 timeframe, where the price might revisit to fill the gap.
2. Price Pattern:
Neckline Bottom Pattern:
The price is testing the neckline level (indicated by the horizontal black line). A breakout above the neckline could trigger further upward momentum toward the Supply Zone.
3. Trading Scenarios:
Bearish Scenario:
Entry Point (Sell): Around the Supply Zone (2,629 – 2,634).
Stop Loss: Above the Supply Zone, approximately at 2,635.
Take Profit:
First target: Demand M15 (2,612).
Second target: Deeper level at Demand H1 (2,604).
Bullish Scenario:
Entry Point (Buy): Around Demand M15 (2,612) or Demand H1 (2,604).
Stop Loss: Below the Demand H1 zone, around 2,603.
Take Profit:
First target: The neckline level or around 2,624.
Second target: Supply Zone (2,629 – 2,634).
4. Key Notes:
Ensure confirmation of price reaction at each zone before entering trades (e.g., candlestick patterns, volume spikes, or momentum indicators like RSI or MACD).
Monitor price behavior around the neckline. A strong breakout could invalidate the bearish scenario.
XAUUSD buy holding @2606 support 2620,2608target 2643,2655,2671Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold is currently stuck in Sideways range The 4-hour gold chart shows a consolidating price around 2600-2,630 area, following a downtrend and a slight recovery attempt. Key support lies at 2,600 as a psychological level, with resistance around 2,650 for a breakout confirmation. F or intraday trades, the bias is neutral, Swing traders should wait for a breakout above 2,650 for a move toward 2,700+ or a breakdown below 2,600 for a drop toward 2,550.
The market appears indecisive, so focus on quick trades until a clear direction emerges.
On daily TF The chart is in a clear uptrend , with higher highs and higher lows. the price finding support around the 2,600 level: This suggests the market is in a retracement phase, potentially gearing up for the next big move and we need to wait for potential buying opportunity soon within 1-2 weeks in January after confirmations.
Daily XAU/USD Analysis: 25/12/24Daily XAU/USD Analysis
Range Overview:
On the Daily timeframe, XAU/USD shows a demand zone at 2576.045 and a supply zone at 2643.595. The price is currently moving toward the Daily Demand level (2576.045), which could trigger a pullback toward the Daily Supply at 2643.595.
Areas of Interest (A.O.I.):
Supply Zones:
Weekly: 2627.575
Daily: 2643.595
4H: 2620.67 (Recent), 2644.91
1H: 2624.65, 2635.35
5M: 2638.30
Demand Zones:
Weekly: 2529.300
Daily: 2576.045
4H: 2604.075 (Recent), 2576.045
1H: 2606.285
5M: 2603.625
This analysis highlights the key levels to watch, helping traders anticipate potential market movements and plan their trades accordingly.
If you'd like to learn how these levels are calculated or how to incorporate them into your strategy, feel free to contact us or book a quick consultation.
Looking forward to your success in trading!
One more SHORT plan with XAUUSD - GOLD on TF M15It's Xmas day so that the Volumn of Market is week --> so that the price is very slow
But with the Cloud Trending System I saw some good signals to make a SHORT sell plan for GOLD OANDA:XAUUSD today.
On M15 Time Frame:
I saw a "Confirmed downtrend signal"
I saw a Downtrend Market Structure : LOWER HIGH
I saw downtrend on main trend of 4 time frames: H4-H1-M30-M15
Specially, I also saw a "Break down follow trend" signal on M15 Cloud Trending Chart
So I make one more SHORT SELL plan for GOLD XAUUSD today with Entry zone = 2616-2617
Stoploss = Trailing Stoploss (a Pink color line above the cloud)
Target 1 = about 2608
Target 2 = about 2598
============
Another: Check this plan yesterday : still running....
Today's gold price analysis: Return to the 2630-2680 rangeToday's gold price analysis: Return to the 2630-2680 range
Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong! '"
Williams' gold weather forecast:
Straight lines belong to humans, curves belong to God
As shown in the figure:
We have been waiting for an optimal fluctuation range from yesterday to now: 2630-2680
Once the gold price returns to the middle area, the 2630-2680 range will be the easiest range for all traders to make money.
Whether you are long or short in this range, as long as you can hold it patiently, you may make money from it. The adjustment period of this range is estimated to be about 1 week.
Why do you say that?
It's like a pregnant woman who doesn't go through ten months of stable pregnancy. How can you give birth to a healthy child during this period?
If the current gold price wants to explode into a new round of sharp decline or surge, it needs such a pregnancy period. To accumulate energy.
Then the repeated fluctuations in the 2630-2680 range are the best gestation period.
So, in the short term
I insist that the gold price will still return, because the 2630-2680 range is the best choice for all possible future trends.
If you also like and approve of my article, I sincerely hope to get your feedback and comments. I will reply one by one and send my sincere blessings and thanks.
Gold in Bearish zone Billow 2636 Price Level According to my Analysis Gold will down approx. 2400 Price Zone in 1-3 months , and then continue its bullish trend .
Billow 2636 Price Level Gold Bearish .
Like 2636 is strong Ressistance .
Lets see what happens (Gold Sell Target 2400 somthing_
Gold Trend 25/11 - Expect 2nd round of profit taking above 2700Technical rebound + Russia/Ukraine situation rapidly deteriorated, causing gold prices to rebound strongly over $150 last week.
Following the rebound from the week before, the gold price opened at 2562 and quickly reached our target of 2620 early last week. Russia and Ukraine exchanged missiles and Putin eased the conditions for the use of nuclear weapons, boosting the gold price further. By the end of the week, the gold price reached the weekly high of 2715 as the market priced in the risk premium right before the weekend.
The gold price retreated sharply back from the weekend, falling to as low as 2658 in the Asian secession on Monday. We can expect the investment market to be relatively quiet this week as Thanksgiving weekend is approaching. Geopolitical situations will continue to dominate the gold trend this week. Since the gold price has surged over 20% from the beginning of the year, as long as the situation in Ukraine does not intensify, the price above 2,700 should be a good opportunity for institutional funds to seize profits from the beginning of the year before the year's end.
1-hr chart (above) > Gold price has entered a horizontal range pattern after it crossed the downward trend resistance line (1) last week. Take advantage of the 2650-2710(2) for now, and pay close attention to the development of the situation in Russia/Ukraine, the market may price in the risk premium once again before the Thanksgiving long weekend!
Daily chart (above) > The rapid correction in the Asian session on Monday is causing a reversal signal to appear on the daily chart(3). Wait for the price to close below 2670 on Monday, once the reversal signal is completed, the price should return to 2600 or lower in the next two weeks.
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P.To
Analysis of gold price trend this week--- 2630--2680Analysis of gold price trend this week, fluctuation range - 2630-2680
"Gold investors are like gamblers - they just wear nicer suits and call their losses 'portfolio adjustments. Predicting gold prices is like predicting the weather - the weather is less often wrong!'"
Williams' gold weather forecast:
Theoretical basis: straight lines belong to humans, curves belong to God
Obviously, the remarks of Trump and Powell are like Chinese crosstalk. They are singing a double act, Trump plays the red face and Powell plays the black face. Together, they reap the wealth of the world.
God's perspective - as shown in the figure:
We use the S line to symmetrically divide all trends, and we can draw a clear conclusion:
The gold price around 2630 is a normal rebound, but it also means that this wave of market has been digested.
Next, the gold price will move out of the new S line:
The most likely fluctuation range: 2630-2680
It is obvious:
1: If the gold price falls in the future, it is likely to fully absorb funds at 2630-2680, which means that the gold price will continue to rise in the short term.
2: If the gold price rises in the future, it is likely to stabilize at 2630 and fully adjust, which means that the gold price will continue to rise in the short term.
3: If the gold price fluctuates in the future, from a macro-cycle perspective, it is likely to fluctuate in the range of 2630-2680, which means that the gold price will continue to rise in the short term.
Summary of this week:
Gold price adopts a low-multiple approach, macro strategy reference:
BUY: 2620-2630
SL: 2600
TP: 2680
Specific operations, I will continue to follow up on ideas.
If you are interested in my analysis, you can discuss it in the comment area, and I will explain, share and communicate with you one by one
XAUUSD holding buy from 2606 ,2638,2655,2671 Target sl 2608Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks Trailing SL (SL 27.2 % )retracement Which is SL points then take Entry on Buy or Sell Trade
SL -
D points Which is recent High / Low mentioned in Chart is our SL
TARGET -
Target 1- (T1 : 38.2)
Target 2- (T2 : 50 %)
Target 3- (T3 : 61.8%)
Target 4- (T4 : 78.6%)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SELL XAUUSD 24.12Bearish divergence appear
Liquidity swept
Reversion confirmed
React with reaction zone
LFG
Merry Christmas Xauusd 24.12.24I expect that Gold will create an Inverse Head and Shoulders price model.
The reversal point of the right shoulder will be around the price mark 2610 -2614. And the completed target will be around 2630.
And this model is only confirmed when the price breaks through the 2620 price range. At that time, we can buy again around the 2616 mark and continue to target 2630.
You can refer to my trading plan. Please Follow me for regular updates. Merry Christmas
XAUUSD Analysis For TFF TRADERSSelling zone - 2619.9
Next selling Zone - 2633.1
Last Selling zone - 2644.9 to 2651.9
------------------------------------------
Scalping trade 30-50 pips 2609.3 to 2612.5 zone buy
****** I Am Not Financial Adviser ******
A+ Buying Zone 2600 to 2603
Follow For More Update
Gold : Almost flat in Holiday weak Gold price is now trading in structure like a bearish flag, which usually means it might not be done falling yet.
Right now, gold's hanging out around 2,619-20, near to weekly pivot point " If price decides to break out below this flag, it's probably going to keep sliding down, looking for support at lower levels. If by some chance it decides to pop up, it'll have to fight through some resistance to keep climbing and the main resistance that we have to watch in higher side is 2650 for bullish continuation. Given that it's the holiday season, it makes sense that the price is just chilling out, moving sideways with not much action going on.
XAUUSD Short Side Setup XAUUSD is most likely to get resistance from unfilled Fair Value Gap as there must be lots of unfilled orders from institutions.
XAU/USD continues find short The h1 price trendline has been broken, what we need to do is look for a sell signal that goes with the trend when the price returns to test.
So Easy with system
