Xauusd Trading setup for 06-11-2024 #Goldsetup #xauusdrocksTrump's win has triggered today's fall in gold and rise in btc Play between 2733 and 2723 i.e put all your sell at 2733 and all buy at 2723 before NY (stay clear of NY) take trades multiple times whenever level is tested use SL Cheers!!Shortby TheZenMaster_IFI4
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. Shortby XAUUSDANALYST2
gold looks shoting star pattern detail analysisweekly chart showing good reversal pattern now have to watch fomc or us- election results. expect some bounce back than after good reversal expect there are terms if blow 2760 thna no problem for seller if trade abv 2760 than expect dedicate bounce 2790-2804 but over all rsi-- pattern or many indicator as per analysis showing big correction ahead in near terms more soon update by kailashcfa33113
Xauusd Trading setup for 05-11-24 #Goldsetup #xauusdrocksPlay between 2745 and 2732 So place all sell limits at 2743-45 and all buy limits at 2732-33 as many times price respects these levels. Orange is the keylevel, and grey lines are weak support and resistances If you love my levels do follow and boost:) Cheers!!by TheZenMaster_IFI4
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. Shortby okako_trading1
Gold Chart Pattern for upcoming trading session's 15Min TF Price of gold closed at 2736.450 in the last session and now we're waiting for it to open because 2730 to 2725 is the good support zone and price closed near this zone, if price gives positive sign of uptrend from there then we can go for 2755 to 2760 level easily in the upcoming session after that if it breaks the barrier of resistance zone then we can easily see the zone of 2790.Longby NobleFalconUpdated 6
XAUUSDWatinG for the confirmation to sell XAUUSD untill compete the wave 61.8% FIBShortby caitegpack0
#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.by ifjugapt0
XAUUSDWelcome back! Let me know your thoughts in the comments! ** XAUUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Longby Dhanasekar70
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.by ramkkyy1
Gold on US Election dayGold price is now breaching last week low and seems like can resume the ongoing correction. In lower side we have to watch weekly S1 (2710 also psychological level 2700) and weekly S2 (2685) for buying opportunities as overall price is still maintain the bullish bias. On Intra day selling is good now under PDH.Shortby TheGoldenCircle5
XAUUSD SELLING CONFIRMATIONXAUUSD SELLING confirmation. SL abv 2737 Expectation 2677 This review is only for education purpose.. ThankYou..Shortby aczyindex1
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. Educationby priceactiongold14425
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! by priceactiongold14
XAUUSD GOLD BULLISH NOW TILL PDHXauusd seems to get in our buying area… 40pips stop loss and 140 pips target. Know your risk and trade. 100$ =0.01 200$=0.02 300$=0.03 400$=0.04 X X X X 1,000$=0.1 Follow risk management 🫡Longby Mukund12162
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.Longby priceactiongold1Updated 3
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.Shortby priceactiongold12
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 followby priceactiongold1Updated 6
Positive Delta formation of past week !We can see there is positive delta formation on past week's daily candle, but we can see today there is negative delta formation on Monday candle which is yet green in formation, but has negative sentiment on buyer accumulation as its in contrast. The current daily time frame candle is in constant compression format. which means buyers did try to take a high tall from yesterdays lows but the current market is not able to cheer up the price any further hence resulting on negative delta formation. Current recommendation is Buy only if price breaks today open high price with SL as todays candle low. Longby XAUUSDANALYST2
Gold Trend 04/11 - S-T peakedDriven mainly by the US election and economic figures last week, the gold price pulled back from the newly formed record high. With the US election approaching, the gold market opened strong early last week. A better-than-expected US consumer confidence on Tue. led to a breakthrough of the previous high at 2758 (1), triggering a new round of S-T buying until it reached 2790 and the US 3Q GDP and ADP employment on Wed. However, the upward momentum reversed on Thursday after the core PCE inflation data, setting off a round of short-selling and profit-taking pushing gold prices back below the 2750-2758 resistance zone(3). Friday's US employment data fell significantly below expectations, but the gold price still failed to close above 2758(3), the week ended at 2735. Gold prices retreated from 2790 with significant profit-taking action reflected in the number of COMEX gold open interest on Oct. 31st. The profit-taking activities should persist early this week ahead of two major events (the US election and the Federal Reserve interest rate meeting). Unless there is a strong market reaction with a Trump victory or additional aggressive rate cuts from the US Fed. sparking a new round of S-T buying, it is unlikely that gold prices will reach over 2790 this week. 1-hr chart (above) > Gold price broke the support line (2) last week, indicating a slowdown of the upward momentum. The selling pressure was relatively strong above 2758(3) as the price failed to clear the resistance zone(3) after the extremely weak US employment figures last Friday. Before the result of the US election and the US Fed., the S-T trading range is now set at 2710-2750 (4). Daily Chart (above) > The Gold price was rejected by the upper resistance of the uptrend channel (5) last week, followed by a single-day drop of over $40 last Thursday, an S-T reversal signal has appeared on the daily chart. Investors are waiting for the news to impact the market from the US election and the US Fed. meeting, the S-T trend should remain bearish for now. The first target on the daily chart is at 2715 (6) and the 20-day moving average (7). If you like our ideas, please give us a 🚀 ! P.To by 1uptick2
XAUUSD Trade setup for 04-11-2024 #Goldsetup #XauusdrocksKeylevels are between 2743.33 to 2733.70 play between these levels before NY there is a weak support at 2736.21 Always use Stoploss Dont add layers in between, add only at levels. Cheers!!by TheZenMaster_IFI3
Daily analysis for gold 4/11/2024OANDA:XAUUSD Good day! With the U.S. election tomorrow, gold’s likely to be pretty volatile. Right now, selling pressure seems strong, with limited upside for buyers. If you’re solid on risk management, consider shorting around the Current market price 2741 Or 2743-47 range, keeping a stop loss above 2752 Targeting 2720. Be cautious though – uncertainty can cause some big wicks. Only look to buy above 2760. Trade safe! Sell:- Current price 2740 or 2743-47 Target 2720 Sl above 2752 Buy:- Only if gold breaks 2760. Valid only for today !! Shortby sparkrlight227
#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.by ifjugapt1