GOLDMINICFD trade ideas
Gold we booked 21 points profit, 2710-2715 big resistance Disclaimer -
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 23.6% )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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold breakout 2700 before CPIGold breakout 2700 level today before the CPI release , 2700 is psychological resistance and weekly R3 on weekly pivot, gold price now almost reversed the correction that was started from November 25, as discussed in yesterday post price need to claim 2715-21 area on daily close to confirm this as a complete reversal and we can then plan the next buy move on breakout or we have to wait for a pullback from this area (either from 2700 or from 2715-21) and on pullback after confirmation we can plan the buy opportunities.
for Intra day watch 2700 and 2715-21 and major resistance at 2738-45 as scalping levels/zone; and for swing wait for daily close as we have major data that going to add volatility for Intraday.
I am still watching from the sideline as I don't want to decide the next move from here in FOMO , Will wait for more confirmation and will update accordingly.
Gold Trading Strategy for 11th December 2024Gold Trading Strategy
Key Levels:
Buy Above: 2696
Sell Below: 2690
Targets:
Upside Target: 2712
Downside Target: 2676
Strategy Details:
Buy Signal: Enter a buy position above the high of the candle that closes above 2696 on a 15-minute time frame, aiming for an upside target of 2712.
Sell Signal: Enter a sell position below the low of the candle that closes below 2690 on a 15-minute time frame, aiming for a downside target of 2676.
Disclaimer:
This analysis is for informational and educational purposes only. Please consult with a certified financial advisor before making any trading decisions.
GOLD TRADING POINT UPDATE >READ THE CAHPTACINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ Update Gold Traders list week NFP Dita expect it USD Fundamental analysis Update Gold Not sure move up trand not short trend 📉📈. I expected it 😮 today night 🌉 market open start Short Trade. Technical analysis setup
Gold 4 H chart candle close below 2609 this week next target we'll see 2500 ?!
Resistance level 2655 2665
Support level 2621 2605 2500
Technical Analysis charter patterns
Support ✨ My hard analysis setu like And Following Me that is star ✨ of game 🎯
Gold Trading Levels for 09th December 2024Gold Trading Levels and Analysis
Gold has been consolidating for the past week, indicating a potential breakout is imminent.
Here are the key levels and details:
Buy Setup
Entry: Buy above 2,643 if the price breaks and closes above this level, signaling an upward breakout.
Targets:
2,700-2,710
Stop Loss: Below the low of the breakout candle for risk management.
Sell Setup
Entry: Sell below 2,624 if the price breaks and closes below this level, signaling a downward breakout.
Targets:
2,560-2,550
Stop Loss: Above the high of the breakdown candle.
Market Context
Gold has been trading in a tight range, creating pressure for a potential breakout in either direction. This week’s market movement could determine the direction, so watch for the key levels closely.
Disclaimer
The above analysis is provided for educational purposes only and is not intended as financial or investment advice.
Trading in commodities carries risk, and past performance is not indicative of future results.
Please perform your own research or consult a certified financial advisor before making any trading decisions.
Always trade responsibly and use proper risk management techniques.
XAUUSD_4H ANALYSISXAUUSD_4H ANALYSIS
Everything is mentioned on Charts.
Please always look for double confirmation before entry.
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Positive Delta Accumulation over 7 days time. time to buy ?Next target 2720 potential levels are achievable as we can clearly see the week past has shown positive accumulation of Buy orders and every day closing had positive ending and each day was closing on 1000+ lots.
There is no strong reason to believe that XAUUSD has long upside future until USA does not announce its financial policy over this week
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update gold 😁 ready for big below 👇 trend 📉 Gold Traders SMC-Trading Point still holding Short Trade today gold test supply zone rejected oderbolk going to Short Trade Now entry ☺️🤝 2673 target we'll see 2500
Resistance level 2677+2772
Support level 2653 -2616 2500
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
XAUUSD CONFIRM SIGNAlWhen market reach 2674 we can sell from there
as there is a strong resistance we will trade to 2664 and 2660
use my analysis and make good profit
GOOD LUCK
XAU/USD Set to Break Consolidation and Target New All-Time High
XAU/USD has been trading in a consolidation phase, showing no significant upward or downward movement between November 25 and December 9. Previously, it hit a low of 2537 on November 14. Sellers have been attempting to push the price back to this level, but they’ve struggled to break below the psychological support at 2600.
This inability to breach key support suggests bearish momentum is weakening. With the price holding firm above 2600, the likelihood of a breakout above the trendline increases. If this happens, gold could rally to test its all-time high of 2780–2800.
XAUUSD GOLD Analysis on (10/12/2024)#XAUUSD UPDATEDE
Current price - 2670
If price stay below 2688,then next target 2648,2621 and above that 2705
plan; If price break 2670-2675 area, and stay below 2670,we will place sell order in gold with target of 2648 and 2621 & stop loss be placed at 2688
Gold Trends Forecast December 10Gold Trends Forecast December 10
• Gold prices rose to a two-week high on Monday (December 9), gaining more than 1% as China's central bank resumed buying the precious metal after a six-month hiatus, with optimism growing on expectations the US Federal Reserve will cut interest rates next week.
• "The most important factor is the news that the People's Bank of China (PBOC) announced that it is resuming gold purchases... the market is hoping that we can see other central banks follow suit and we can see a continuation of the record buying," said Bart Melek, head of commodity strategy at TD Securities.
• The US Federal Reserve (Fed) has started its interest rate easing cycle with a 0.5% cut in September 2024, followed by a 0.25% interest rate cut in November 2024. Investors are currently predicting an 87% probability that the Fed will continue to cut interest rates by 0.25% at the meeting on December 17-18. However, if the Fed pauses and the fundamental messages become cautious, this will cause some temporary pressure on gold prices.
• Technical analysis:
• Gold broke the downtrend in the h1 frame, breaking through the accumulation sw border, although it has not closed the previous day's candle at 2670, it also shows quite strong buying power.
• Expect Fibo 0.5 – 0.618 to buy back
• Trading plan:
Buy Gold: 2652 – 2650
SL: 2648
TP: 2656 -2662 – 2674
If SL this order buys back
Buy Gold: 2645 - 2643
SL: 2640
TP: 2656 -2662 – 2674 – Open
Sell Gold: 2686 – 2688
SL: 2692
TP: 2679 - 2660
Gold buy on dip given yesterday we get huge profit more upside Disclaimer -
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 23.6% )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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
XAUUSD GOLD Analysis on (09/12/2024)#XAUUSD UPDATEDE
Current price - 2657
If price stay below 2675,then next target 2638,2621 and above that 2686
plan; If price break 2657-2660 area, and stay below 2655,we will place sell order in gold with target of 2638 and 2621 & stop loss be placed at 2675
Gold analysis on Monday: 2660-2670 tests pressureGold analysis on Monday: 2660-2670 tests pressure
As shown in the figure:
Last week, gold experienced a big market of long and short double kills. On Monday, the Asian session continued to increase the market, which once pulled the gold price above 2650.
The gold trend completely returned to the range of fluctuations: 2620-2670
Today, as the US session is about to open, gold focuses on testing: the pressure around 2660-2670.
Without the boost of major news events, our intraday trading still looks at the range of fluctuations: (2660-2620)
Four-hour cycle: 2620-2660 is still the main fluctuation range at present
Oscillating center: 2645-2650 (Ray A: Still the most effective support line at present)
After today's Asian session trend adjustment: Gold currently stands at 2645 and accumulates momentum for fluctuations below 2660.
Oscillation space: Today, it is arranged around the 2670-2620 range
Still focus on: the pressure performance around 2660
Strategy:
-------------------------
Long-term ideas:
Bottom support: 2630-2640
Breaking pressure: 2645-2650
Upward target: 2660-2670
-----------------------------------------
Short-term ideas:
Top pressure: 2660-2670
Breaking support: 2645-2650
Downward target: 2630-2620
Last week, we said that gold will usher in a large fluctuation. The trend of last Friday and this Monday is obviously a situation of long and short killing.
On December 9, gold did not move in a unilateral market last week. The overall fluctuation was a few tens of dollars. The interweaving of long and short news also made it difficult for gold to break. As for the news this week, it is very scarce. There is basically no focus except for regular data. What needs to be paid attention to is the Middle East and Russia-Ukraine issues. Of course, the political situation in South Korea and France also needs to be paid attention to.
On Monday (December 9), the gold price opened with a continuous roller coaster market of 20 US dollars, which shows the entanglement of the market. Now the market is also waiting for more fundamental catalysts to guide the direction. Against the backdrop of global economic and political uncertainty, the gold market may continue to fluctuate, and the operation will naturally be mainly in the range. However, as far as the current situation is concerned, since the Syrian opposition forces seized control of the capital Damascus on Sunday, and the martial law crisis in South Korea has continued to ferment. The bullish opportunities have increased.
From a technical point of view, at the beginning of this week, gold will temporarily fluctuate around the moving average band. If the market sentiment continues to speculate on risk aversion, then gold may test 2660-70 again, and even 2680 is possible. If the geopolitical situation gradually eases and risk aversion does not heat up, then gold may return to the technically weak trend. Focus on the 20-day line near 2630 below, and still retain the possibility of gold returning to the 2610-00 area before the Fed's interest rate decision next week, and then make a mid-term choice based on whether the Fed will suspend the interest rate cut.
GOLD SPOT TRADE AFTER RESISTANCE BECOMING SUPPORTGold after resistance becoming support on a 15-minute timeframe with target according to fib levels.
Please do your analysis before placing trades.This is for educational purposes only
Gold Expected Move Gold expected move for today
Xauusd can give a good drop initially till 2621 and then shall give a sharp long move till 2647-48
Gold View On CPI weekGold price opened with a positive gap today due to geopolitical scenario but still trading under range (2620-50) , to get clear direction price need to breakout this range , we have some major data this week that going to add volatility on Intra day and can decide the next move for short term, as updated last week I am holding sell trade (Already closed multiple entries in profit last week) but still expecting more decline (technically) ; my average sell price is at 2652 and considering my SL at 2670-75(Exact stop level shared with golden Circle) range and want to book profit 2600 and below (2580,2530).
Gold taking support from 2620-2605 buy on dip upmove will come Disclaimer -
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 %)
Target 5- ( T5 : 88.6%)
Target 6- (T6 : 100 %)
Target 7- (T7 : 127.2 %)
Target 8- (T8 : 141.4 %)
Target 9- (T9 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold Trend Forecast This Week (December 9 - December 13)Gold trend is unlikely to decline sharply, although the US Non Farm News was very good, Gold still bounced 264x, when it fell to the price range of 2626 - 2627.
This week, there was quite a lot of news supporting Gold's increase such as: US CPI news may decrease slightly compared to expectations, creating conditions for the FED to continue to reduce interest rates. Central banks such as Canada, Switzerland and Europe ECB continue to cut interest rates next week.
Although the gold market is currently quiet, this could be an accumulation period before a potential price increase. Investors need to closely monitor developments and prepare for future opportunities.
The Central Bank of China announced that it had bought gold again and the war situation in Syria at the end of the week caused gold to have a gap of 15 prices this morning.
Gold Price Forecast
Christopher Vecchio, an expert at Tastylive, said he is neutral on the gold market. He believes that gold prices need to break through the resistance level of $2,725/ounce to create new growth momentum.
Kitco forecasts that gold prices may fluctuate in the range of $2,600-2,800/ounce by the end of 2024. Factors such as the Fed's monetary policy and geopolitical tensions will affect gold prices in the coming time
Good Buy Plan :
Buy 2620 - 2618
SL: 2615
TP: 2635 -2642 -2655 - 2699
or even Buy 2610-2608
SL: 2604
TP: 2618 - 2642- 2699
Gold will decline to 2567.89 if it breaks 2600 (This case is quite low)
Sell Plan:
Sell: 2663
SL: 2668
TP: 2656 - 2652
Sell: 2688 - 2690
SL: 2673
TP: 2674 - 2666 - 2654
Breakout in gold???Bearish trend of gold may break if daily close above 2675.
Immediate resistance 2648, 2655, 2675,2720
