GOLDMINICFD trade ideas
XAU/USDThis XAU/USD setup is a buy trade, showing a bullish bias on gold. The entry price is 3344, the stop-loss is 3340, and the exit price is 3353. The trade aims for a 9-point profit while risking 4 points, giving a solid risk-to-reward ratio of more than 2:1.
Buying at 3344 reflects expectations of upward momentum, possibly driven by dollar weakness, softer bond yields, or safe-haven demand. The entry level may also align with a support zone, where buyers step in to push prices higher.
The target at 3353 is placed below resistance to secure profits before potential selling pressure occurs. Meanwhile, the stop-loss at 3340 is tight, ensuring losses remain controlled if the trade fails.
This strategy is ideal for short-term traders looking to capture quick upside while maintaining disciplined risk management.
Gold (XAU/USD) Short-Term Bearish Setup1. Well-Defined Resistance Zones
Two horizontal shaded areas labeled Resistance R1 and Resistance R2 mark zones near $3,360–$3,380, where price repeatedly failed to break higher.
Trading ideas from analysts on TradingView reinforce that the immediate resistance lies around $3,364–$3,370. As long as price stays below that, sellers remain in control
TradingView
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2. Descending Channel & Bearish Momentum
The chart highlights a shift from an earlier ascending channel (green), followed by breakdown and decline — a classic reversal from bullish to bearish.
In line with this, there’s also mention of a bearish flag pattern forming on the 30-minute (M30) timeframe, offering a potential shorting opportunity
TradingView
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3. Key Support Levels & Targets
Multiple support levels annotated: Support S2 (at two levels) and Support S3, with notable levels around $3,315, $3,301–$3,302, and $3,300.
The annotated price action indicates projected declines toward those levels—especially highlighting $3,314.94, $3,301.55, and $3,300.96 as intermediate and key targets.
Ultimately, the red “High support area” below suggests a broader demand zone, perhaps around $3,280–$3,300, where stronger support may emerge.
4. Trading Plan Illustrated
White arrows depict a descending trajectory: from current levels down to each support, suggesting a sell-on-rally approach.
Blue markers denote possible bounce points for pullbacks before continuation lower.
Broader Market Context
Gold prices have recently been tracking in the $3,330–$3,350 range, facing resistance near $3,350–$3,360 and support near $3,300. Analysts caution that a break below that could push it toward $3,245 or $3,150–$3,120
TradingView
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Overall momentum has turned cautious or bearish—bearish engulfing patterns, weakening rally strength, and below-average technical indicators emphasize the risk of further declines
FXEmpire
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FXEmpire
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Weak U.S. economic indicators or dovish signals from Fed officials (like Powell) could offer brief relief rallies; but failure to reclaim resistance may extend the slide
FXEmpire
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Key Levels at a Glance
Level Type Price Range Notes
Resistance ~$3,350–$3,360+ Strong ceiling—decline confirms bearish bias
Support S1 ~$3,315–$3,320 First potential reaction zone
Support S2 ~$3,301 Intermediate target for sellers
Support S3 ~$3,300 Psychological barrier; near high support zone
High Support Area ~$3,280–$3,300 Zone where bullish buyers might regroup
Conclusion
Your chart effectively captures a short-term bearish trend in gold (XAU/USD), showing:
Failed attempts to overcome resistance near $3,360.
A bearish flag breakout signaling potential continuation downward.
Clearly plotted support targets, with bounce zones drawn out.
A visual trade plan suggesting sell-on-rallies targeting declining support levels until reaching a strong demand zone.
To succeed with this setup, traders might wait for a brief rally into one of the identified sell zones (e.g. ~$3,314 or $3,325) before entering shorts, with stop-loss placements above the resistance areas and profit objectives aligned with support levels ($3,301 or near $3,300).
Gold Analysis and Trading Strategy | August 20-21✅ From the 4-hour chart, gold prices are still moving within a broad downward channel. The current rebound is mainly a correction after the previous continuous decline.
Indicator signals show: the MACD has formed a golden cross at the lows, with the histogram turning positive, indicating stronger rebound momentum; the KDJ has quickly risen from oversold levels but has entered the mid-to-high range, suggesting that while rebound momentum continues, the upside potential is limited. Gold is rebounding, but the overall medium-term trend remains bearish. The 3345–3355 zone is a strong resistance area; if the price faces rejection there, bears may regain control.
On the downside, 3325 is short-term support; if it breaks, the next pullback targets are 3310–3305. A more critical support lies at 3280–3268.
✅ Trend Outlook: Gold is currently in a corrective rebound phase. Short-term momentum favors the bulls, but the medium-term trend remains bearish.
🔴 Resistance Levels: 3345–3350 / 3355–3360
🟢 Support Levels: 3325 / 3310–3305 / 3280–3268
✅ Trading Strategy Reference:
🔰 If gold rebounds to the 3345–3350 area and faces rejection, consider entering short positions, targeting 3325–3310.
🔰 If the price breaks above and holds 3355–3360, the rebound may extend toward the 3380 area.
🔰 If gold breaks below 3310, the rebound phase is over, and the trend may return to the downside.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
Gold Price Awaits FOMC – Liquidity Levels in PlayGold price continued to slide into liquidity zones during the late US session yesterday and reacted perfectly at the MMFLOW BUY ZONE 3314 – 3316, delivering over +70 pips profit to traders ✅.
At present, on M5–M15, Gold is showing signs of a short-term recovery. However, for a strong upside move, buyers must break through the 3320 – 3322 resistance zone. A confirmed breakout here could trigger momentum towards higher KeyLevels, allowing price to retest important supply zones.
📈 Upside Targets (Intraday): 333x and 334x remain the key areas to watch for take-profits or potential reversal setups.
🔔 Why This Week Matters – The FOMC Decision
The highlight of the week is the FOMC meeting during the US session. Markets are awaiting clarity on the Fed’s next move. Any hint towards a September rate cut could trigger massive bullish momentum, breaking Gold out of its corrective channel.
👉 Asian & European sessions: Focus remains bullish toward 333x – 334x, with potential SELL setups at resistance.
⚠️ US session with FOMC: Expect extreme volatility – risk management is critical.
📉 MMFLOW Technical Trading Plan
🔹 BUY Scalp Setup
Entry: 3311 – 3309
SL: 3305
TP: 3315 → 3320 → 3325 → 3330 → 3340 → 3350 → 3360+
🔹 BUY Zone (FOMC Plan)
Entry: 3290 – 3288
SL: 3282
TP: 3295 → 3330 → 3335 → 3340 → 3350 → 3360 → 3370+
🔸 SELL Scalp Setup
Entry: 3342 – 3344
SL: 3348
TP: 3338 → 3332 → 3328 → 3324 → 3320
🔸 SELL Zone (FOMC Plan)
Entry: 3360 – 3362
SL: 3368
TP: 3355 → 3350 → 3345 → 3340 → 3330
⚠️ Key Notes for Indian Traders
FOMC = high volatility event – manage your exposure carefully.
Stick to strict TP/SL discipline to protect capital.
Smart traders know: KeyLevels = Profits ✅
🔥 Follow MMFLOW TRADING for daily Gold price analysis, liquidity maps, and Smart Money insights – designed for Forex & Gold traders in India.
XAUUSD : FALLING WEDGE BO• XAUUSD was moving in FALLING WEDGE channel from 5TH AUG.
• A BO happens in last hour where market closed above the falling wedge
• Long with a sl of 3331
• Take profit should be 3400
• A 1:5 RR
• Idea is for educational purpose and explore the price action learning with trading psychology.
• Have fun traders!!! 😊
PCR Trading How Option Trading Works
Let’s simplify with an example:
Stock Price: ₹1000
Call Option Strike: ₹1050
Premium: ₹20
Lot Size: 100 shares
If you buy the call option:
Break-even = Strike Price + Premium = ₹1070
If stock goes to ₹1100 → Profit = (1100-1050-20) × 100 = ₹3000
If stock stays below ₹1050 → You lose only the premium = ₹2000
If you sell (write) the call option:
You collect ₹2000 premium upfront.
If stock stays below 1050, you keep the entire premium as profit.
But if stock goes to ₹1100, you face unlimited loss: (1100-1050-20) × 100 = -₹3000.
👉 This shows: Option buyers have limited risk but unlimited profit potential, while sellers have limited profit but unlimited risk.
Gold Analysis and Trading Strategy | August 20✅ Fundamental Analysis
🔹 Recently, the Russia-Ukraine conflict has shown signs of easing: Trump stated he hopes to push for an end to the war, and Ukrainian President Zelensky said that talks with the White House were "an important step toward ending the conflict." This signal has reduced geopolitical tensions, thereby weakening gold’s safe-haven demand.
🔹 The market’s focus is now shifting to the Jackson Hole Economic Symposium (August 21–23) and Federal Reserve Chair Powell’s speech this Friday, which will be key events influencing gold’s future trend.
✅ Technical Analysis
🔸 From the 4-hour chart, gold remains in a descending channel, trading below the moving average group with significant bearish pressure. The MACD is still in the bearish zone, although the histogram has slightly contracted, no clear reversal signal has emerged. The KDJ has lifted slightly from the oversold area, suggesting a possible short-term rebound. Overall, gold remains in a corrective downtrend, with limited rebound potential and a higher probability of further decline. The 3311–3315 zone is an important short-term support; if broken, gold may accelerate its drop toward the 3300–3280 region.
🔸 From the 1-hour chart, gold has rebounded from the 3311 low, with improving momentum, currently in a corrective bounce phase. Resistance is concentrated around 3328–3330. Failure to break this level would likely keep the trend bearish. The MA5 and MA10 have formed a bullish crossover, indicating short-term buying momentum. Price has moved above the MA10 and MA20, suggesting a technical rebound, but remains below the MA60, keeping the medium-term trend bearish. Gold is now testing the Bollinger mid-band near 3325, a typical rebound resistance. With Bollinger Bands narrowing, the market may soon choose a direction, currently biased toward weak consolidation.
🔴 Resistance Levels: 3328–3330 / 3335–3340
🟢 Support Levels: 3311–3315 / 3300–3280
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3327–3330 area. Target: 3305-3295;If support breaks, the move may extend to 3280.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3280-3285 area. Target: 3295-3305;If resistance breaks, the move may extend to 3315.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
Gold (XAU/USD) Technical Outlook – 1H Chart📉 Gold (XAU/USD) Technical Outlook – 1H Chart
Gold continues to trade inside a descending channel, showing clear lower highs and lower lows. Recently, price attempted a bounce but faced resistance near the 50% retracement level around $3,327.
🔴 Resistance Zone: $3,327 – $3,330
🟢 Key Supports Ahead:
$3,314 (first support)
$3,300 (psychological level)
$3,272
$3,238 (major target if bearish momentum continues)
⚡ Bias: Bearish below $3,327 – price is likely to retest lower supports unless bulls break above the channel resistance.
📌 Trading View:
Below $3,327 → Sellers remain in control.
Break & close above $3,327 → Possible bullish reversal.
🔥
#Gold #XAUUSD #Trading #PriceAction #TechnicalAnalysis #Forex #Commodities #GoldForecast #BearishTrend
Gold breaks downtrend channel, next target lower!Gold is currently trading within a clear downtrend channel, marked by lower highs and lower lows. After multiple rejections at the upper boundary of the channel, gold has begun its downward trend towards key support levels.
From a technical standpoint, the recent pullback and structural breakdown indicate that the market may continue its bearish trend. Last week's PPI data showed a 0.9% increase , exceeding expectations, which has strengthened the USD and added pressure on gold. This news reduces expectations for aggressive Fed rate cuts , further strengthening the dollar and diminishing gold's appeal as a safe-haven asset.
Looking at the chart, we can identify key support levels to monitor. The first target is around 3,311.000, with the potential to continue falling to 3,287.800 if price breaks below the near-term support at 3,310.000.
Key Levels:
Resistance: 3,355.700 (Upper boundary of the downtrend channel)
Support: 3,311.000, 3,287.800
Next Target (TP1): 3,311.000
Next Target (TP2): 3,287.800
My Advice:
With the bearish structure on the chart and the pressure from the PPI data, the outlook for gold remains to the downside. I recommend looking for short opportunities near 3,355.700, with stops above resistance and targets at 3,311.000 and 3,287.800.
Gold: Short-Term Downtrend Still DominatesHello everyone,
I’m currently tracking gold on the 4H chart and noticed that the price has retreated to around 3,316 USD, testing the green FVG zones and still staying below the Ichimoku cloud. This looks more like a technical pullback, but overall the bias remains tilted toward the sellers.
From the news perspective, gold is under pressure from a stronger USD as markets wait for Fed Chair Powell’s speech at the Jackson Hole symposium. The latest FOMC minutes also maintained a cautious tone, reducing expectations of an imminent rate cut – and this continues to weigh heavily on gold prices.
What do you think about gold’s direction in the coming days? Share your thoughts in the comments!
Risk Management in TradingIntroduction
Trading is often seen as the art of predicting market moves, buying low, and selling high. Yet, the most successful traders will tell you that trading is not about prediction, it’s about protection. The markets are uncertain, and no strategy, indicator, or system can guarantee 100% accuracy. What separates consistently profitable traders from losing ones is not just their ability to analyze charts but their skill in managing risk.
Risk management is the backbone of long-term survival in trading. Without it, even the best strategies eventually fail. With it, even an average strategy can deliver consistent returns over time. In this guide, we’ll dive deep into what risk management is, why it matters, and the tools and techniques every trader must master.
Chapter 1: What is Risk in Trading?
Risk in trading refers to the possibility of losing money due to adverse market movements. Every trade carries uncertainty, and risk management is about controlling the size and impact of that uncertainty.
There are different types of risk in trading:
Market Risk (Price Risk):
The chance of prices moving against your trade. For example, buying a stock at ₹100 and it falls to ₹90.
Leverage Risk:
Using borrowed money or margin amplifies both gains and losses. A small price move can wipe out capital if leverage is excessive.
Liquidity Risk:
The inability to exit a position at the desired price due to low trading volume. This happens often in small-cap stocks or thinly traded futures.
Volatility Risk:
Sudden price swings can trigger stop losses or create unexpected losses, especially around news events.
Psychological Risk:
Emotional decisions – fear, greed, revenge trading – often increase losses.
Systemic Risk:
External shocks like economic crises, geopolitical tensions, or pandemics can affect all markets simultaneously.
In simple terms: Risk = Probability of Loss × Magnitude of Loss.
Chapter 2: Why Risk Management is the Core of Trading
Most beginners focus on finding the “perfect strategy.” They try indicators, signals, or tips. But even the most accurate strategies have losing trades.
Consider two traders:
Trader A: Has a 70% winning strategy but risks 20% of capital per trade.
Trader B: Has a 50% winning strategy but risks only 1% of capital per trade.
Who survives longer? Trader B. Why? Because Trader A only needs a short losing streak to blow up his account, while Trader B can survive hundreds of trades.
Risk management ensures three things:
Survival: You live to trade another day.
Consistency: Your equity curve grows steadily without wild drawdowns.
Confidence: Knowing losses are controlled reduces stress and emotions.
In short: Trading without risk management is gambling.
Chapter 3: The Mathematics of Risk
3.1 The Risk of Ruin
Risk of ruin means the probability of losing all your trading capital. If you risk too much per trade, your account may not survive inevitable losing streaks.
Example:
If you risk 20% per trade, a losing streak of just 5 trades wipes out 67% of your account. To recover, you would need a 200% gain!
But if you risk 1% per trade, even 20 consecutive losses only reduce your account by ~18%. That’s survivable.
3.2 Risk-Reward Ratio
The Risk-Reward Ratio (RRR) measures potential reward compared to risk.
If you risk ₹100 to make ₹200, your RRR is 1:2.
A higher RRR allows profitability even with a low win rate.
For example:
At 1:2 RRR, you need only 34% win rate to break even.
At 1:3 RRR, just 25% win rate keeps you profitable.
3.3 Position Sizing Formula
A popular formula is:
Position Size = (Account Size × Risk per Trade) ÷ Stop Loss (in points/value)
Example:
Account Size = ₹1,00,000
Risk per Trade = 1% = ₹1,000
Stop Loss = ₹10 per share
Position Size = 1000 ÷ 10 = 100 shares
This ensures you never lose more than ₹1,000 in that trade.
Chapter 4: Tools of Risk Management
4.1 Stop Loss
A stop-loss order closes your trade automatically at a pre-defined price to limit losses. Types:
Hard Stop: Fixed exit point.
Trailing Stop: Moves with price to lock profits.
4.2 Take Profit
Opposite of stop-loss – locks in gains at a target level.
4.3 Diversification
Never put all capital into one trade or one asset. Spread risk across instruments, sectors, or strategies.
4.4 Hedging
Using options, futures, or correlated assets to reduce risk. Example: Buying Nifty futures and buying a protective put option.
4.5 Risk per Trade Rule
Most professional traders risk 0.5% to 2% of capital per trade. This balance allows growth while protecting against drawdowns.
4.6 Daily Loss Limit
Set a maximum daily loss (e.g., 3% of account). If hit, stop trading for the day. This prevents emotional revenge trades.
Chapter 5: Psychological Aspects of Risk
Risk management is not just technical; it’s psychological. Many traders fail because of:
Overconfidence: After wins, increasing position size too aggressively.
Fear: Cutting winners too early or avoiding valid trades.
Greed: Holding losers, hoping they’ll turn profitable.
Revenge Trading: Trying to recover losses quickly, leading to bigger losses.
Good risk management enforces discipline. You follow rules, not emotions.
Chapter 6: Advanced Risk Management Strategies
6.1 Kelly Criterion
A mathematical formula to optimize bet size based on edge and win probability.
Formula: f = (bp – q) / b*
Where:
f = fraction of capital to risk
b = odds (reward/risk)
p = probability of win
q = probability of loss
Although powerful, many traders use a fraction of Kelly (half-Kelly) to reduce volatility.
6.2 Value at Risk (VaR)
Common in institutional trading. It estimates the maximum expected loss over a given period at a certain confidence level (e.g., 95%).
6.3 Volatility-Based Position Sizing
Adjust position size according to market volatility. If volatility is high, trade smaller; if low, trade larger.
6.4 Portfolio Risk Management
Beyond individual trades, manage total portfolio risk. For example:
Limit exposure to correlated trades (e.g., don’t go long on multiple IT stocks at once).
Set maximum portfolio drawdown (e.g., 10%).
Chapter 7: Real-Life Examples
Example 1: The Trader Without Risk Management
Rahul has ₹1,00,000. He risks ₹20,000 per trade. After just 5 consecutive losses, his account drops to ₹33,000. To recover, he now needs +200% returns. Emotionally shattered, Rahul quits trading.
Example 2: The Disciplined Trader
Priya also starts with ₹1,00,000. She risks 1% per trade = ₹1,000. After 5 losses, she still has ₹95,000. She survives, learns, improves her strategy, and grows steadily.
Moral: Survival > Prediction.
Chapter 8: Building a Personal Risk Management Plan
Every trader must design a plan tailored to their style. Key components:
Capital Allocation: How much capital to trade vs. keep in reserve.
Risk per Trade: Set a percentage (1–2%).
Stop Loss Rules: Fixed or ATR (Average True Range) based.
Position Sizing Method: Use formula or volatility-based sizing.
Diversification Rules: Limit exposure per sector/asset.
Daily & Weekly Loss Limits: Stop trading after exceeding them.
Review & Adaptation: Analyze performance monthly and adjust.
Chapter 9: Common Mistakes Traders Make
Trading without stop losses.
Risking too much on one trade.
Averaging down losing trades.
Ignoring correlation between trades.
Trading during high-impact news without preparation.
Not tracking risk metrics (drawdown, expectancy, RRR).
Chapter 10: Risk Management for Different Trading Styles
Day Traders: Must be strict with intraday stop losses and daily limits.
Swing Traders: Should focus on overnight gap risk and diversify across positions.
Long-Term Investors: Must manage concentration risk and rebalance portfolios.
Options Traders: Need to monitor Greeks (Delta, Gamma, Vega) for exposure.
Conclusion
Risk management is the invisible hand that shapes trading success. While strategies may change, markets may evolve, and tools may improve, the principle remains timeless: Control risk, and profits will take care of themselves.
Every trader faces uncertainty, but those who respect risk survive and thrive. Without risk management, trading becomes a casino. With it, trading becomes a business.
GOLD PLAN – Captain Vincent🏴☠️ GOLD PLAN – Captain Vincent ⚓
Background
After the Nonfarm payrolls, Gold created a Captain’s Liquidity Void (large imbalance zone). Price has now almost completely filled this gap.
On higher timeframes, Gold still maintains a Lower High – Lower Low structure, confirming that sellers remain in control .
However, during the Asian & European sessions, we usually see technical pullbacks to collect liquidity – those moves will be our chance to enter in line with the main direction.
📍 Key Levels for Today
🔹 Captain’s Trap Zone (3330 – 3332)
Confluence of Fibo 0.5 – 0.618 and trendline breakout.
Main SELL setup at this zone.
SL: 3336 – 3338
TP: 3325 → 3320 → 3315 → 33xx
🔹 Captain’s Quick Shot (3313)
Nonfarm breakout zone , heavy SELL volume.
Suitable for short BUY scalp if price reacts strongly.
SL: 3308
TP: 3318 → 3322 → 3326
🔹 Captain’s Safe Harbor (3300 – 3302)
Start of previous bullish leg, strongest support of the day .
If Quick Shot breaks, this becomes the main BUY accumulation zone .
SL: 3293
TP: 3305 → 3310 → 3315 → 33xx
🔹 Captain’s Shield (3313)
If held multiple times → becomes a short-term key support .
⚡ Trading Scenarios
Sell Priority : Short at Captain’s Trap Zone.
Quick Buy : Scalp around Captain’s Quick Shot if sharp reaction.
Breakdown : If 3313 fails → Buy at Safe Harbor (3300 – 3302).
📌 Captain’s Reminder
SELL bias is still dominant → Do not FOMO buy without clear signals.
The US session may bring high volatility from geopolitical headlines. Manage your capital with discipline.
Elliott Wave Analysis – XAUUSD 20/8/2025
1. Momentum
• D1 timeframe: Momentum lines are still “sticking” together, signaling that the bearish pressure is weakening. However, without a strong bullish D1 candle to confirm reversal, there is still a risk of sudden downward spikes. Patience is required until a clear bullish confirmation appears.
• H4 timeframe: Momentum is currently turning bullish, suggesting a potential upward move today. But caution is needed: if the bullish candles are short, overlapping each other, and when momentum reaches the overbought zone without breaking the previous high → this move is likely just a corrective rebound.
• H1 timeframe: Momentum is in the overbought area, indicating the possibility of a minor pullback or sideways movement in the short term.
2. Wave Structure
• D1 timeframe: The corrective triangle structure remains valid (only invalidated if price breaks below 3270). The main scenario continues to favor wave 1 and 2 in blue, with price currently in wave 2.
• H4 timeframe: The decline in wave C shows overlapping sub-waves, each formed by 3-wave structures, hinting at the possibility of an ending diagonal for wave C. The pattern is not yet complete, so we need further observation for confirmation.
• H1 timeframe: Within the 5-wave structure of an ending diagonal, wave 3 is typically the strongest and a divergence usually occurs between wave 3 and wave 5 on RSI. Yesterday’s decline pushed RSI into the oversold zone, but no divergence has formed yet. Combined with H4 momentum turning bullish, this suggests the current move is likely wave 3 (yellow). A corrective wave 4 upward is expected, followed by a final decline to complete wave 5 with RSI divergence. Once wave 5 ends, the entire wave C diagonal will be complete, paving the way for a strong bullish rally — a typical characteristic of ending diagonals.
3. Trading Plan
The strategy is based on the ending diagonal pattern:
• Conservative approach: Wait for a breakout above the upper boundary of the diagonal before entering.
• Aggressive approach: Wait for wave 5 to complete and enter at the projected bottom of wave 5.
Trade setup:
• Buy Zone: 3301 – 3299
• Stop Loss (SL): 3219
• Take Profit (TP1): 3314
• Take Profit (TP2): 3362
• Take Profit (TP3): 3381
Gold Update – Asian Session Ahead of FOMCGold Update – Asian Session Ahead of FOMC
After yesterday’s sharp decline below 3312, gold found strong support and is now consolidating sideways, building liquidity for the next move. From the current outlook, a short-term rebound is likely before the broader downtrend continues.
Looking at structure, the descending channel remains intact with price respecting the trendline, and yesterday’s break out of the triangle formation reinforced the bearish bias.
From an Elliott Wave perspective, the market may now be forming wave 4. If this rebound carries price back towards the 3325–3330 zone, it will retest a strong resistance area that has repeatedly capped price before. Should that happen, wave 5 could begin — and by theory, it is often the strongest leg.
Fibonacci projections highlight the next support near 3295. If tonight’s FOMC meeting delivers a hawkish outcome in favour of the US dollar, gold could even extend lower towards 3280.
For short-term trading, buyers may consider positions near 3316 with a tight stop just below the recent low, aiming to capture the corrective move of wave 4. On the flip side, if price reacts around 3325–3330, this may provide an opportunity to sell into the expected wave 5, with potential targets extending 40–50 dollars lower if momentum strengthens.
A sustainable trend always alternates between retracements and impulses. Patience in waiting for the right wave often leads to more effective trades than rushing to pick tops or bottoms.
Do you think the FOMC this month will announce a positive interest rate outlook? Share your thoughts in the comments.
#XAUUSD #Gold #TechnicalAnalysis #PriceAction #Fibonacci #ElliottWave #MACD #ForexIndia #CommodityTrading #FOMC
Gold Trading Strategy for 20th august 2025📈 Gold Trading Plan (XAUUSD)
🔔 Buy Setup:
Wait for 1-hour candle to close above the $3325 level
Once the breakout is confirmed (candle closes above the level), initiate BUY
Targets:
• 🎯 $3335
• 🎯 $3345
• 🎯 $3355
🔻 Sell Setup:
Wait for 15-minute candle to close below the $3307 level
Once this close is confirmed, initiate SELL
Targets:
• 🎯 $3295
• 🎯 $3283
• 🎯 $3271
⚠️ Disclaimer:
This content is provided for educational and informational purposes only and should not be considered financial advice. Trading in the financial markets involves substantial risk, and you should always conduct your own analysis before entering any trade. Past performance does not guarantee future results. Trade responsibly and only risk capital you can afford to lose.
Effective and Widely Used Trading StrategiesTrend Following Strategy
Definition: Trading according to the market trend, buying when the trend is up and selling when the trend is down.
How to Implement: Use technical analysis tools like Moving Averages (MA), RSI, and MACD to identify the market trend. One simple strategy is to trade long when the price is above the moving average (MA), and trade short when the price is below the MA.
Why it Works: The Forex market often has strong trends, which increases the chances of success.
Reversal Trading Strategy
Definition: Finding trading opportunities when the price shows signs of reversing after a strong trend.
How to Implement: Use indicators like RSI, Stochastic Oscillator, or reversal candlestick patterns (such as Doji, Engulfing) to identify reversal points. When the indicators show overbought or oversold conditions, you can place a sell order (if overbought) or a buy order (if oversold).
Why it Works: The market can reverse sharply after a long trend, offering high-profit opportunities when entering at the right reversal point.
News Trading Strategy
Definition: Trading based on major news events, such as interest rate announcements, GDP reports, or employment data.
How to Implement: You need to monitor economic events such as interest rate announcements, GDP reports, employment data (Non-Farm Payrolls), and inflation indices (CPI) to make trading decisions. Usually, before and after important news, the price will experience significant volatility.
Why it Works: News can cause strong market movements, creating high potential profit opportunities if you predict correctly.
Would you like to learn more about any specific strategy? Please leave a comment below to discuss with us.
xau today in buying zoneGold is consolidating after a recent rally, and unless it breaks above the $3,360 resistance zone and sustains that level, it’s not considered a buying opportunity right now. Traders are watching closely for a move below $3,243, which could signal further downside.
If you’re looking to enter, it might be wise to wait for confirmation of a breakout or a bounce from strong support.
Gold Under Pressure: Can XAU/USD Hold 3,335?Hi everyone, looking at the 2H chart, gold is still stuck between 3,330 – 3,350 USD. The Ichimoku cloud remains heavy, and price keeps hovering in the FVG zone, reflecting hesitation. The key support is around 3,335 USD, but buyers are showing little strength. On the upside, the 3,360 – 3,380 USD area is a strong resistance block that gold hasn’t been able to break.
On the news side, optimism around Russia–US talks has reduced geopolitical risk, cutting safe-haven demand. This, combined with the Fed minutes this week that may strengthen the USD, puts additional pressure on gold.
Main view: Gold is likely to face more downside pressure. If 3,335 USD breaks, the next target could be 3,310 USD. For now, I don’t see gold in a position to rally strongly until new drivers emerge.
Personally, I don’t think this is the moment for gold to break out strongly. It seems more likely that we’ll see a pullback first, before a new catalyst from the Fed or geopolitical developments comes into play. What do you think—could gold slip below 3,335 USD this week?
XAU/USDThis XAU/USD setup is a buy trade, reflecting a short-term bullish view on gold. The entry price is 3315, the stop-loss is 3312, and the exit price is 3320. The trade seeks a 5-point profit while risking only 3 points, offering a favorable risk-to-reward ratio.
Entering at 3315 indicates the trader expects an immediate upward move, possibly supported by short-term demand, a weaker US dollar, or safe-haven flows. This level may also coincide with a minor intraday support zone, where buyers are likely to defend against further declines.
The target at 3320 is placed just below a resistance level, allowing profits to be secured quickly before potential selling pressure emerges. This conservative approach ensures gains are locked in without holding the position for extended periods.
The stop-loss at 3312 is positioned tightly to minimize downside exposure. This disciplined risk management makes the trade suitable for scalping or short-term strategies, where small but consistent gains matter. Overall, the setup emphasizes precision and strict control over risk.
Gold Analysis and Trading Strategy | August 19-20✅ From the 4-hour chart, the overall trend is in a descending channel, with the successive lower highs (3409 → 3358), indicating a clear bearish trend. The key resistance levels are at 3348 and 3358; only if the price breaks above these levels can the current downtrend be reversed. The current movement is a corrective rebound followed by a continuation of the bearish downward trend, with bears still in control.
✅ From the 1-hour chart, the price is moving within a clear descending channel, with both the upper and lower bounds being well-defined. After hitting the resistance at 3358, the price has pulled back and is currently near the lower channel boundary (around 3317–3323). The recent rebound highs are lower than previous highs (3588 < 3409), suggesting that the bearish structure is continuing. Focus on the 3323–3310 area; if this level is broken, the price may continue to test the lower boundary of the channel.
🔴 Resistance levels: 3335–3340 / 3348–3358
🟢 Support levels: 3323–3310 / 3290-3385
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3335–3340 area. Target: 3320-3310;If support breaks, the move may extend to 3300.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3310-3300 area. Target: 3335-3340;If resistance breaks, the move may extend to 3345.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝